AUTORAISE CharityRegistration Number 1170068 (England and Wales) AUTORAISE Annual Raport and Accounts ForThe Year Ended 31 March 2025
AUTOPAIQ CONTENTS Charlty Reference and Admlnlstratlve Detalls Tru•to¢•' A_nnuol R•port (inGorporatlni the DlreGtors' Report) Structur , Governance and Managemgnt Objective8 and Actlvltle8 Achievemgnt8 and Performance Fin8n¢ial Review o Plans for Future Periods Independent Examiner's Roport Statement of Financlal ActEvitl8s Balance Sheet Notes to tho Financial Statgm8nts
AUTORAISE CHARITY REFERENCE AND ADMINISTRATIVE DETAILS Charlty Name: AutoRals8 Charlty Roglstratlon Numbor: 1170068 PrlnclpalAddre88: 80 St Georges Road, Bolton BL12DD Trusteos: Simon Smith IChairl-Appointed during the period Emms Speed (Managing Dlrectorl Martyn Rowley Kate Goodwin Chr18topher Ryd&r Chri8tOPherO'Rouko D8n Che8ney Devin Cavanagh GuyWilliam8 Mi¢haelGoldin8 ChristopherWeek8 Senlor ManagemontTeam: Managing Director: Emme Speed ¢halr: Simon Srnlth Banker8: B8rcl8ys Bank Indepondent Examlnor: Insight Business Solutions TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their reporr and the financlal statements ofthe charltyfor the year ended 31 Maich 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) °Accounting and Reporting by Charities" (FRS 102) in preparing the annual report and financial statsments of the ¢harlty.
AUTORAISF Structu.re, Governance and Management ovgrnlng Do¢yment Autoraise is 8 Charitablè Incorporated Organisation ICIO), register8d on 7 November 2016, 4nd is governed by its Constitution. Recrultm•nt and Appolntment of Trustees The management of the charty is the responsibility of the Trustees who ar8 elected and co-opted underthe terms of the Constitution. In 2025, AutoRaise welcomed a cohort of new trustee8. Strengthening our8ovarnan¢e with fresh insights.'expertise. and perspectives. These appointments support aur str8teg]c aim to buiLd an inclusive and innovatlve organi3ation. Qur new twstee5 bring extensive experience acr08S sectors such as automotive. fknance. education. and charity governgnee. We are pgrticuiarly pleased to introducesimon Smith 88 our newCh8ir. Simon. who is the Man&glng Director & Aviva Repair Lead at SoluslAviv8. brings a we8lth of leadership experience In risk management, ustomer serl¢e. and strategic d8velopment. Or8onl•atlgnal Stru¢tyreThe charity is managed bythe Board of Trustees whlch meets re¥ui8rly to manage the affalrs of the ch8rity. To en8ure operational effectivon88s, wfvhave established governance committees focused on keyareas such 88 youth engagement. S8fegu8rding. and finan¢e.The d8y-to-day operatlon$ were signiticantly bolstered thi8 year by the appoimment of 8 new Managing Director, Emma Speed. Bl8k M•n¥ement and Safeguardlng The Twstees have Implemented policies to satsguard data and gn8ur8 compliance with GDPR and other relevant leg81 requirements. We have also embedded diversity, equity, and in¢iu8ion (DEI) into our polici¢sto ensuroourgovern8nceand operationalteams refiectthe ¢NersltyWithin the automotive sector. Objectives and Activitles Purpo80 and Alms Autoraise is a d8dicatod UK charity committed to addressing critical skills shortages within the autornotlve rep8ir industry. Estsblished to seNe as both an advocate and catalyst for positive change. it strives to promote vocational careers as accessible. rewarding., and vital forthe sector's future 8UStainability. Publi¢ BenofitThe Trustees contirm thatthey have complied with the duty in section 17 otthe Charities Act 2011 to have due regard to public benefitguidance published bythe Chartycommission. Our activities benefit the pubknc ty relievlng unemployment through the promotion of apprenticeships and ensuringthe safetyof the general pubtic byfostering 8 skilled workforc8 c8pable of rep8irlng vehicles to the correct standards. Maln Activftles Throughout 2025. the charltyfocused on four key areas: 1. Re-establlshlng Foundatlong- Focusing on sector engagement and p8rtnershlp development. 2. SoctorAdvo¢acy. Positionlng Autoraise as the euthoritstive volco championing 8Utomotivo careers.
AUToAlE 3. Gra$sroot$ Engagement: Atten education audiences. Ing events to spea directly to k¢y stakeholders incLuding 4. Re•ource Dovelopment: Creaiingtools for businesses, s¢hools,'colleges, and c8r88r$ advisors. Aoh.iovements and Performance Strat¢qlc R•-iaunch and Brandlng Theyear 2025 was a year of renewal. Following the appointmont of Emma Speod as Managing Diroctor. the charitywas relaunched with ngwj)randin8. 8 renew8d purpose, a.nd a nqwwobsite, 4 major hi8hli8htw?s the appointment of Ri¢hard Hammond and his Smauest CogT¢4rn as patron$. their involvoment has slqnificantly increased settor visibility anil enat>lfjd us to roach wider au¢ipn¢es. Strgnqth•nlng Soetor Partnorships A core element of our strategy invoLvBS fost¢ring strong. impactful partnerships. In2025, weformalised 8Uianceswith influential industry bodies such asthe National Bodyfor Repair & thp Automotive Industry (N8RAI. Thatcham Research. and ch8rities like Ben & DEBA These collaborations created a unified front on critical issues like apprentice recruitment and long-term workforce p18nning. We actively contributed to national consultations on Skills and Apprenticeships led by the NBRA lobbying group. Publ1¢ Engagemgnt and Outreach Strategi89 We executed 8 broad pr08ramme of events to elevate sector visibility. Our flagship evpnts, includingARC360. Autom6chanika. and UVE 25 offered platforms for industry leaders and apprentices to connect. Furthermore, our particlp8tion at gr868roots events Ilke CarFest and the Britlsh Motor Show attracted considerable audiences, providingtangible opportunitles foryoungvisltors to engage directly wlth 8Utomotive careers through hand$-on activities. Dlffjtsi Innovatlon and Inclusion In Tesponse to community nè8ds. we developed a suite of interactive online apprenti¢eshlp guld6s and sector-specific career toolkits. We also',launched t8rgeted c8mpaign$ aim8d at women end minority communities to challenge stereotypes and foster greater soctor diversity. Income Generation Summary Flnancial Po•itlon The Statement of Financiat Activities shows a net expenditure forthe year. resultlng in a decrease in totalfunds, Total Income: The Charty h88 d]versified income sources through industry don8tlons. sponsorships, grants. and memb6n8hips. We succes3fuiiy introduced a subscription-based membership model and secured grants aligned wlth our core objpctives to expand the bursary scheme. Total Funds: The total funds carri8d forward at 31 March 2025 aro 2364,59612024: £462,241). Cash Pogltlon: The ch8rity retains a healthy cash balance of £325.472.
AUTOR41.RF Rasèrv•8 Poucy The Trustees have examined the charitys requirements for raserves in light of the main risks to the organisation. The policy is to hold a18v81 of reserves of 6 month8 that enables the ch8rlty to maintain its core activities durlng periods of income ftuctU8tion. Income Gan•ratlon Strategy We have developed targeted sponsorship pgckages for large automotive compenies seeking to domonstrate Corporate Social Responsiblllty {CSR)k Our impact stories highlighting apprentice successprOVed effective In attracting ongoing support. Plans for Future Perlods Looklng ah08d to 2026. 88 we approach our tenth annlversary, our strateglc focus 8hifts toward expanding 8aCtor collaboratlon and deepening our influence. Key priorities include: Expandlng Sector Engagoment: Strengthening partnerships with'8duc8tlon81 institution$ and regional hub8. Enhanclng Digltsl Content: Investing in digitsi storytelling and inieractlve platforms to Inspire young people. Advo¢atlngfor Pollcy Support: Continulng to influence government policies to embed vocational tralning within strategic skills fr8meworks. Seeurlng Sustalnabie Incom¢: Div6rsifying income streams through strategic corporate partnerships and explorlngfee-based training programmes. Statement of Truste8$' Responsibilitle8 The Trustees are responsible for preparing the Trustees, Annual Report 8nd the financial statements In accordance with applicable law and United Kingdom Accounting Standar¢s. The law applic8bleto ch8rltl68 In Eng&nd and Wales requires the Trustees to prepara flnancial ¥t8tements for each fin8nci8lyearwhich give8 true andfairviewof the stateof aff8ir&of the chaiity and of the incoming resources and appllcatlon of resources of the charityfor th8t period. In prpparingthese financial ststements, the Trustees are required to: Select 8Uit8bLe accounting policies end then apply them conslstently: Observe the methods and principles inthe Charitie8SORP: Make judgements and estimates that are reasonable and prudent.
AUTORAISE State whether applicable accounting standards hBve been followpd, 8ubje¢tto any material dep8rtures disclosed and explained in the financial statements: PreparethefinanGial statements on the going concern basis unless it is inappropriateto Presume that the charity wlll Continue in operatlon. The Trustees are r8sponslble for keeping sufficient accounting records that disclose with reasonabLe aocur8Cy 8tanytimethe financial position of the chsrityand enable themto ensure thatthefinancial statements complywith the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision8 of the trust deed. They are also responslble for s8feguardiEryg the assets of the charity and Iience for tsking reasonable steps for tha prevention and detection Of fraud and other irregularities. Approved by ihe Board of Trustoes and Slgned on Its behalf by: Slmon Smlth Ch8ir ofTruKees Date: [CUrn1 Dato]
AUTORAISE INDEPENDENT EXAMINER'S REPORTTO THETRUSTEES OF AUTORAISE Forthe year ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Charty for theyear ended 31 Marcb 2025. Responslblutles and basls of report As the charitystrustees, you ara responsible for the preparation of the accounts in 8ccordance with the requirements of the Charities Act 2011 ('the Act'}. I report in respect of myexamination of the charivs accounts carried out undersection 145 oftheAct and in carrying out my examination I have followed all the applicable Directions given by the Chatity Commission und8r section 145(511b) of the Act. Indgp¢ndgD.t oxamlner's statsment I have complet8d my ex8mination. I confirm that no material matters hgve come to my attention in ¢onn6Ction with tho examination giving me cSu$e to believe th8t in any matoriai respect. counting recoids were not kept in respect of tha charity as requlred by section 130 of the Act; or 2. the accounts do not accord with those records: or 3. th& 8¢¢ount8 do not complywlth the applicable requirements cori¢erning the form and content of 8¢count8 set out in the Charities (Accounts and Reports) Regulations 2008 other th8n any roquir8montth4tthe 8¢counts givea'true and fairvi6W which is not8 metter considered as part of 4n Indepondentexamination. I heve no concems and have come across no other matters in connectionwith theexamination to which attention should b6 drawn in thi$ report in orderto enable a proper understanding of the accounts to be reached. signed: Alison Marsh- Inslght Busines$ Solutions, 80 St Georges Road. Bolton BLI 2DD Dao: 5th Januery 2026
AUTnRAI:qF St*ement of FlnanciaL Activlties Uniestricted tunds Unrestricted funds 2025 1 2024 Income from: Donations Qther tyading attivlties Qther Income Total In¢ome 10,810 9,321 98,414 238,545 142,405 Expendlture on: Raising funds aritsble a¢VitieS Other thsts Total Expendlture 48,087 173.080 50,601 198.672 240,050 Net Incomel(oxpendlture) Transfers betsveen funds Net movement in funds 39,873 39,873 Reconcllfatlon of tunds: Total Funds Brought Forward Total Funds Carrled Forward 462,241 462,241
AUTORAISE BaLce Sheet Flxed assets Tangible assets li 113 Current as$8ts Debtors Inventory Cash atbank 81198 13.600 325.472 427,270 80.515 17,000 510,948 Credltors: Amounts faulng due wlthln one year -66,314 Netcurrentassets Net asseis 462,128 462.241 3e4,596 Funds Restricted Income funds Unrestricted income funds Total funds 462,241 462,241 364,596 The finan¢Sal stalements were approved ty the Trustees and ahOriSed for issue on....................,...... on behalf of the B08rd ty: and Signed Simon Smtth - Chair -1(
AUTORAISE 1 AcGountlng pollcies Charfty informatlon AutoRalse is a charity r¢gistered in Engl8nd and Wales. The wlnoipal office 18 Situated at 80 Sl Georges Road, Bolton, BL1 2DD. A¢¢ounting convention The charity constitutes a public ben¢fit entity as deflned by FRS102. The financial statemènts nave bepn prepared in 4ccor(lence with the Statement of Recomm¢nded Practlce". Accounting and Roporting by Chaitlies preparing thgir accoun1$ in accordance with the Financial Reporting Standard applicable in the UK and RepubllG of Ireland {FR$ 102)(October 2Q19} and the Financtal Reporting Standard applicable in the Untt6d Kingdom and Republic of Irelond IFRS 102) and the Charitles Act 2011 and UK Generally Accepted Practice. The Chaiity hgs taken dv3rt490 of Ihe provi8ions In the SORP for chariti6s not to prepare a Statement of Cash Flo. Th¢ financlal statements have been prepared to give a Irue and fai¢ vi8w and have departed from the Charities <AuntI and Raports) Regulations 2008 only to the extent required lo ¢partyre has Invofv¢d following Ac¢ount4ng and Rgporting by Charities pre ovid$ a Irue an¢ faif vlew. This ring iheir accounts in acGordance with Ibe Finantial Reporting Standards appllcabte In the UK and Republic of Ireland {FRS102) rather than the Awouniing 4nO Rfjporting by Charities.. Statement of ROrnMended Practsce eff¢ctive from 1 April 2005 which has •inc• boen wlthdrawn. The aG¢ou.nt$ aT8 pr¢pared In slerling which isthe fUnlon81 ojrrency of the Charity. Monetary amounts in these financial statements ore founded to the nearest £. The accounts have been, prepared under the historl¢al cost convention. The signlflcant aOUnting policies applied tn the preparatlon of these financl81 stalements are set out below. These policies have been ¢onsistenlly applied to all years pres8nted unlèss otherwlse stated. Going concern The Trustees hav6 considered the worklng capltal of the charfty and, at the time of approving the financial ststements, h8ve a reasonable expectation that the charity has adequale rèsoiirces to continue in operationol islencp for the foreseeable future. The Trustees continuo to adopt the govi9 concern basis ofaccounb'ng in prappring the financial $taternent$. Fund accountlng Unrestrtcted funds ara funds whlch are available ft)r use at the discretion of the Trustees in furtherance of the general objectlvg$ ol tho Charity. and which have not been deslgnated for otFier purposes. Re8tric*ed funds ar• fvnd8. which are u8ed in aecordance with spectfiG reslrlctions imposed by donors. There were no restrlcted fundg held during tho period. Incoming resourcos All incoming resources are Induded in the ststement of financlal activitles when the Charity is legally entwed to the income and the amounl can be quantified with reasonable &curacy. Speclflcally for grant income. where receipt of 8 grant 1$ conditlonal on performance of a specFfic pro5ect, income Is accounted for once the Charily eams the rlght to conslderation by Fts Performance. Where no conditions aro applied to Incoming grants, income 1$ accounted for on rèceipt. -11-
AUTOR&IRF 1 Accounting Policies (continued) Resources expended All expendlture is accounted for on an accwals basis artd has been classified under headings that aggregale all Costs related to the category. Expenditure is COgniSed where ther8 Is a legal or constructive obligation to make payments to third partles. it is probable Ihat the setuement will be requlred, anKI Ihe amount of the oblTgaJon can be measured refiably. Charitabl8 activities Includes all ¢0gts relsting to activitiès where the primary aim is part of the objects of the Charity, along wtth an apportionment of support costs, Gov8rnance COs consist of the costs inojrred In the managemerrt of the Chartty and the costs of meeting its extemai reporting rquirements. Support costs con8lst of admlnlstratlon exp8n$es incurred In the day to day monagement ofthe Charity. together with the cost of premises used for such activities. These ¢o$is are allocated across the categorles of charltab expenditure. govemance costs and costs of génering funds. SuppLVt costs arg all¢xated on a labour basls, using the proportion of staff time allothd to certain athivities, on the basis that thls foms the fairesl method of alk)cation of such costs. Tanoble Flxed Assets Tangiblè fixed assets are inltlally measured al cost and sub8equently mea$uFed at cost or valuation. net of dgprg¢iation and any impaimient10$8es, Depreciallon 1$ rocognlsed so as to write tsff the cost w valuation of assets less Ih6lr resldual values over their u$eful lives on thg following bases: IT Equlpmo 33Yo Straight Line D•btors Trado and olhgr debtorn are recognised at the settlemenl amoLEnt due after any trade dls¢ount offered. Prepaymtnts are valued at the amounl prepaid net of any trade discounts duè. Cash and cash equlvalents Cash and c88h equivalents include ca8h in hand and deposits hdd al c411 wilh"banks. Credltors Creditors are recogni8ed where the charity has a present obllgation resurting from a past event Ihat will probably result In the transfer of funds to a third party and the amount due to settle the obligallon can be measured or e$t4mated raliably. Creditors are normally recognised at thelr settlement amount after allowing for any trade dlsGounts due, Financlal Instruments The charlty only he8 financ1 ass8ts and flnancial liabilrtles of a kind that qualify as basic financlal Inslrumènts. Baslc financial instruments are Inltially recognised at transactlon value and subsequently measured at their settlement value. The charity has no bank loans or other more complex'financlal instruments that require measurement al amorti6ed cost using the offectlve intere81 method. .12-
AUTORAISE 1 Accounting Policies {continued} Critl¢al accounting estlmates and Judgements In the application of the Charity's accounting policie3, the trustees. are required to make Judgaments, e$timate$ and a68umption8 about the carrylng amount of assets and liabilities that ale not readily apparent from other sources. The 08tlmale$ and assUmpOn$ are based on hislorical experlence a to be relevant. Actu41 re$ult8 may differ from thase e$timates. d other factors that are ¢on8idered Tha a$timat¢S and underlylng assumptlons are reviéwed on an ongolng basls.,. Rèvisions to accountin9 •stimate8 are recognised in the period in which the estimate Is revl$ed where the revision affects only that period. or in the period of the raviOn and future periods where the revision affects both current and luture pertods. Keya88umptlons, Judgements and estimatss In the opinlon of the Trustèes, the have beèn no slgnificant Judgement$ (apart from those Sn¥oMng estimates) made in the Pr986 ol applying the above accounting policies. There havo been no key assumoion¥ concernlng fvture and other key sources of eslimatlon uncertainty at the reportlng dale thel have a signsficant ri8k of¢au$ing a matari81 adjusiment to Ibe Carrying amounts of assets and li4bilities withln the next finanolal yaar. 2 Incomlng Resources trom OtherTrIng Activitles 2025 Unrestdcted 100,20D 22.784 2024 Unrestrlcted 102,861 Partner Income Afflllated Repalrer Income 129,321 3 Other Income Raiiyincome Unrestrlcted Unrfjstricted 98,414 98,414
AUTORAI.8F 4 Expendlture on Ralsing Funds Unrèstricted &aff costs Motorexpenses Travel General expenses Event costs Office expenses Unrestricted 48,087 Eip•ndftui• on Charltabl•Actlvltlos Engo¥ng repairers &350 Ralslng pubilc i Workingwlth awenes$ tralning provlders DèvelDplng trainlng &350 a399 14(E8 5ZP2 I21 481X) 7,475 029 HI Tota12925 Marketin8 Stsff costs Motor expenses Travel Q)nsultancy ser41ces Event costs Olllce expenses &3:, 1,200 iQ029 L59] I,$.. 8931 42.9991 3.5n 42. 171.995 Prloryear 42. Engwng repairers Ralslng publlc,, Worklngwtth awaRne55 J tralnlng proyldors Doveloplng tralnlng Marketlftg aff costs Motor expense8 Traval ns¥Jltsncyservlces Event Costs Ottlce e¥penses Toto12024 12.248 i.iii .249 48, 1,1 I,iii I,iii 7.74) 7.740 j 7.740 7.741 30.1 1,141 24. 1.141 24,996 24.W 99.984 -14-
UTORAISE 6 Otherst$ Governance costs Legal and professional Bad debts bscriplons Bank charges and interest General expanses Insurance DeprlatIOn 1,500 1,500 20,764 24(KJO 53.541 104 227 50,601 7 Governance costs &atutoryaccounts and Independent examinatlon fee 1.500 1,500 L500 1500 8 Net Income forthe year Net Income slated after charOn Independent examiners remuneration: Depreciation oftangible flxed assets ln0ependentexaminaOn fee 1,500 L727 9 Staff Costs and Emoluments Wages and salaries &)clal securitycosts Pension 43,455 &538 5.805 42T2 The average nurnberof employees for theyearwas i (2024 ¥
AUTOFIAISE 10 Trustsa$ Remuneratlon and Exponse$ The k¢y management personnel ofthe arity comprlses the trustees and tbe thief Exe¢utiveOfficer. The total employee benetits Ofthe key management personnel.ofthe tharity indudFng Nattonal Insuranco and Pension Contributions were £64.547 (2024: £55,593). No remuneratlon was paid or payable forthe pertod, diredyoi indirecuy. outof thè funds ofth8 Charity, to anyTtustse orto anyp•rsons known to bè C7)nnèc*d wth 0nyofth6m. in theif cap8dtyas Twstèè. 11 Tangible Flxed Assets Cost At IApril2024 Additions Disposals At31 March 2025 IT Equipment 6.275 Depr¢clatlon and Impalrmont AE l Aprll 2024 Depreclation charged in theyear Disposals At 31 March 2025 1635 Carrylng amount At 31 Ma rch 2025 At 31 March 2024 113 12 Debtors: Amounts fawng due wlthin one year Trade debtors Prepayments and accrued Income 75.Tll 4,744 80,515 1.319 88,193 13 Cr•dltor¥: Amounts faulng due wlthln one year Trade creditors Accruals and deferred Income otherxaOn and Social securlty Other creditors 31303 20,722 20,000 146.355 10.000 66,314 -1
ALIORAISE 14 Restrlcted Income Funds No restricted Income was received durlngthe current or previous perlod and no restrlcted funds were held atthe year end. IS Mov•ment In funds Balance * O1Aprf124 4Q241 462.241 Incoiiilng fe8ources 142.405 41 Outtsln8 resources 8alany at 31 Mar¢h W15 Unrestritted funds 3645 BaLince at IAprll2023 IonI[nI r¢source$ Outgoln rosouf9 aiance at 31 March2W24 462.241 462,241 Unrestrifftd funds 198,6Td 16 Aftaly818 of net •t$ b•two•nfunds balaft¢e$ •t 31 March are represented Fixed assets rient a$s Qo¢itors.' amounts talllng due within oney¢ar Unrestrictedtunds Totsl'ltsnds Uftreslrlctedfund$ Tota(lunds 113 427.270 .314 .PA314 .IJA335 241 -17-