## # ## ## ## |||Page| |---|---|---| |Trustees'|annual
report|| |Independent
examiner's
report to the trustees||| |Statement|of financial
activities|| |Statement|of financial
position|| |Statement|of cash flows|10| |Notes to the financial
statements||| ## ## ## ## |Registered|charity|name|Vehicles For|Change|||| |---|---|---|---|---|---|---|---| |Charity registration||number|1177568||||| |Principal office|||Queensgate|House|||| ||||48 Queen Street||||| ||||Exeter||||| ||||EX43SR||||| |The trustees|||ZACKerr||(Resigned|29 March 2022)|| ||||S Mildon||(Resigned|10 November|2021)| ||||T Hooper (Chair)||||| ||||N Wilton||(Resigned|22 March 2022)|| ||||R Reynolds||(Resigned|25 August 2022)|| ||||J A W Goudswaard||||| ||||F Ero||(Appointed|5 April 2022)|| ||||STsangarides||(Appointed|25 August 2022)|| |Independent|examiner||Adam Croney|ACA|||| ||||Westcotts (SW) LLP||||| ||||Plym House||||| ||||3Longbridge|Road|||| ||||Marsh
Mills||||| ||||Plymouth||||| ||||PL6 8LT||||| |Bankers|||Barclays||||| ||||Plymouth
2||||| ||||Leicestershire||||| ||||LE872BB||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||2022||2021| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted||| ||||||funds|funds|Total funds|Total funds| |||||Note|2|2|2|| |Income and endowments||||||||| |Donations
and legacies|||||51,215||51,215|269,051| |Charitable
activities|||||297,726||297,726|45,796| |Investment
income|||||5||5|3| |Other income|||||1,440||1,440|26,413| |Total income|||||350,386||350,386|341,263| |Expenditure||||||||| |Expenditure
on raising funds:||||||||| |Costs of raising donations|||and|||||| |legacies||||8|18,050||18,050|26,300| |Expenditure
on charitable||activities||9,10|280,646|77,591|358,237|381,709| |Other expenditure||||12|764||764|(2,299)| |Total expenditure|||||299,460|77,591|377,051|405,710| |Net expenditure|||||50,926|(77,591)|(26,665)|(64,447)| |Transfers
between|funds||||(40,024)|40,024||| |Net movement
in|funds||||10,902|(37,567)|(26,665)|(64,447)| |Reconciliation
of|funds|||||||| |Total funds brought|forward||||(261,470)|189,400|(72,070)|(7,623)| |Total funds carried forward|||||(250,568)|151,833|(98,735)|(72,070)| ## ## ## |28 February 2022||||| |---|---|---|---|---| ||||2022|2021| |||Note|2|| |Fixed assets||||| |Tangible fixed assets||17|178,725|199,169| |Current assets||||| |Debtors||18|156,276|18,362| |Cash at bank and in hand|||136,730|108,053| ||||293,006|126,416| |Creditors: amounts|falling due within one year|19|310,827|397,655| |Net current liabilities|||(17,821.)|(271,239)| |Total assets less current liabilities|||160,904|(72,070)| |Creditors: amounts|falling due after more than one year|20|259,639|| |Net liabilities|||(98,735)|(72,070)| |Funds ofthe charity||||| |Restricted funds|||151,833|189,400| |Unrestricted
funds|||(250,568)|(261,470)| |Total charity funds||22|(98,735)|(72,070)| ## ## ## |||2022|2021| |---|---|---|---| |Cash flows from operating
activities|||| |Net expenditure||(26,665)|(64,447)| |Adjustments
for:|||| |Depreciation
oftangible fixed assets||20,412|66,589| |Loss/(gains)
on disposal of tangible fixed assets||764|(2,299)| |Trade and other debtors||(137,914)|745| |Trade and other creditors||172,810|5,496| |Net cash from operating
activities||29,407|,6,084| |Cash flows from investing
activities|||| |Purchase oftangible assets||(1,264)|(36,000)| |Proceeds from sale oftangible assets||534|18,000| |Net cash from/(used
in) investing
activities||(730)|(18,000)| |Net increase
in cash and cash equivalents||28,677|(11,916)| |Cash and cash equivalents
at beginning|ofyear|108,053|119,969| |Cash and cash equivalents
at end of year||136,730|108,053| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |value, over the useful econo|mic life ofthat asset a|s follows:| |---|---|---| |Plant and machinery|25%straight|line| |Fixtures and fittings|25%straight|line| |Motor vehicles|25%reducing|balance| ## ## ## ## ## |4.|Donations||and legacies||||| |---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds
f|Funds|2022
f| ||Donations||||6,774||6,774| ||Grants||||6,500||6,500| ||Government||grants||37,941||37,941| ||||||51,215||51,215| ||||||Unrestricted|Restricted|Total Funds| ||||||Funds|Funds|2021| ||||||||f| ||Donations||||7,699||7,699| ||Grants||||58,000|93,582|151,582| ||Government||grants||109,770||109,770| ||||||175,469|93,582|269,051| |5.|Charitable||activities||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2022
f|Funds|2021
f| ||Mobiloo hire|||297,726|297,726|45,796|45,796| |6.|Investment||income||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2022
f|Funds|2021
f| ||Other interest receivable|||5|5|3|3| |7.|Other income||||||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds
9|2022
f|Funds|2021| ||Insurance|income||1,440|1,440|26,413|26,413| |8.|Costs of raising donations|||and legacies|||| |||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||Funds|2022
f|Funds|2021
f| ||Fundraising||costs|18,050|18,050|26,300|26,300| ## ## ## ## ## |Expenditur|e
on charitable
activities|by fund type||| |---|---|---|---|---| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2022| ||||2|2| |Charitable|activities|272,646|76,341|348,897| |Support costs||9,250||9,250| |||281,896|76,341|358,237| |||Unrestricted|Restricted|Total Funds| |||Funds|Funds|2021| ||||2|2| |Charitable|activities|292,488|85,980|378,467| |Supportcosts||3,242||3,242| |||295,730|85,979|381,709| ## |Expenditure
on charitable
activities by activity|type|| |---|---|---| ||Total funds|Total funds| ||2022|2021| ||2|| |Wages and salaries|197,298|174,432| |Vehicle costs|85,235|45,332| |Bank charges|99|55| |Consulting|1,398|| |Depreciation|20,412|66,589| |Printing,
postage and stationery|420|310| |Interest|2,603|20,491| |Clothing and PPE|961|| |IT software and consumables|2,444|1,937| |Rent|7,001|11,071| |Staff training|501|245| |Advertising|4,179|2,945| |Travel —National|3,085|1,265| |Telephone
and internet|1,246|779| |Vehicle storage|1,918|1,292| |Cleaning|547|559| |Insurance|19,382|11,088| |General expenses|258|77| |Grants given||40,000| ||348,897|378,467| ## ## ## ## |11.|Analysis ofsupport costs||| |---|---|---|---| |||Total funds|Total funds| |||2022|2021| |||f|| ||Legal and professional|4,150|242| ||Accountancy|5,100|3,000| |||9,250|3,242| |12.|Other expenditure||| |12.|Other expenditure||||||||| |---|---|---|---|---|---|---|---|---|---| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds|2022
f|Funds
f|2021
f| ||Loss on disposal
of|tangible fixed|||||||| ||assets held for charity's||own use|||764|764|(2,299)|(2,299)| |13.|Net expenditure||||||||| ||Net expenditure
is stated|||after charging/(crediting):|||||| |||||||||2022
f|2021| ||Depreciation
of tangible||fixed assets|||||20,412|66,589| ||Loss/(gains)
on disposal||oftangible fixed|||assets||764|(2,299)| |14.|Independent
examination|||fees|||||| |||||||||2022|2021f| ||Fees payable to the|independent|||examiner for:||||| ||Independent
examination|||ofthe financial||statements||1,800|1,500| ||Other financial services|||||||1,800|1,500| |||||||||3,600|3,000| |15.|Staff costs||||||||| |||||||||2022
f|2021f| ||Wages and salaries|.||||||186,549|165,866| ||Employers
National|Insurance||||||8,583|6,174| ||Pension contributions|||||||2,161|2,392| |||||||||197,298|174,432| ## ## ## ## ## ## |17.|Tangible fixed asset|s|||||| |---|---|---|---|---|---|---|---| ||||Plant|and|Fixtures and|Motor|| ||||machinery||fittings|vehicles|Total| ||Cost||||||| ||At 1 March 2021|||474|690|339,500|340,664| ||Additions||||1,264||1,264| ||Disposals|||||(2,500)|(2,500)| ||At 28 February 2022||474||1,954|337,000|339,428| ||Depreciation||||||| ||At 1 March 2021||356||5'l9|140,620|141,495| ||Charge for the year|||118|491|19,803|20,412| ||Disposals|||||(1,204)|(1,204)| ||At 28 February 2022||474||1,008|159,221|160,703| ||Carrying
amount||||||| ||At 28 February 2022||||946|177,779|178,725| ||At 28 February 2021|||118|171|198,880|199,169| |18.|Debtors||||||| |||||||2022|2021| ||Trade debtors|||||141,676|8,875| ||Prepayments
and accrued income|||||7,726|7,616| ||Other debtors|||||6,874|1,872| |||||||156,276|18,363| |19.|Creditors: amounts|falling due within|one year||||| |||||||2022|2021| |||||||2|| ||Bank loans and overdrafts|||||112,667|342,929| ||Trade creditors|||||25,914|21,062| ||Accruals and deferred|income||||171,744|17,258| ||Director loan accounts||||||12,051| ||Pensions payable|||||502|4,355| |||||||310,827|397,655| ## ## ## ## |20.|Creditor|s: amou|nts
falling due after more than|one year|| |---|---|---|---|---|---| |||||2022|2021| |||||2|2| ||Bank loans and overdrafts|||259,639|| |21.|Deferred|income|||| |||||2022|2021| ||At 1 March 2021|||14,378|31,007| ||Amount|released|to income|(9,949)|(31,007)| ||Amount|deferred|in year|163,715|14,258| ||At 28 February 2022|||168,144|14,258| |22.|Analysis ofcharitable|funds||||||| |---|---|---|---|---|---|---|---|---| ||Unrestricted
funds|||||||| |||At1||Mar 21|Income|Expenditure|Transfers|At 28 Feb 22| |||||2||||| ||General funds||(261,470)||350,386|(299,460)|(40,024)|(250,568)| |||At1||Mar 20|Income|Expenditure|Transfers|At 28 Feb 21| |||||2|2|||| ||General funds||(149,420)||247,681|(319,731)|(40,000)|. (261,470)| ||Restricted funds|||||||| |||At|1 Mar 21||Income|Expenditure|Transfers|At 28Feb 22| |||||2||2|2|2| ||Barnwood
Trust|||3,976|||(3,976)|| ||Postcode Innovation|||||||| ||Trust|||57,984||13,849|80,000|151,833| ||The Clothworker|||||||| ||Foundation|||25,000|||(25,000)|| ||Childwick Trust|||11,000|||(11,000)|| ||Department
for Work|||||||| ||and Pensions|||8,180||(8,180)||| ||London Community|||||||| ||Response|||38,800||(38,800)||| ||National
Heritage|||||||| ||Lottery|||44,460||(44,460)||| ||||189,400|||(77,591)|40,024|151,833| ## ## ## ||At1 Mar 20|Income|Expenditure|Transfers|At 28Feb 21| |---|---|---|---|---|---| ||9|||9|| |Barnwood
Trust|6,540||(2,564)||3,976| |Postcode Innovation|||||| |Trust|78,979||(60,995)|40,000|57,984| |The Clothworker|||||| |Foundation|25,000||||25,000| |Childwick Trust|11,000||||11,000| |Department
for Work|||||| |and Pensions|20,278|10,322|(22,420)||8,180| |London Community|||||| |Response||38,800|||38,800| |National
Heritage|||||| |Lottery||44,460|||44,460| ||141,797|93,582|(85,979)|40,000|189,400| ## ## ## ## |Analysis of net as|se|ts between funds|||| |---|---|---|---|---|---| ||||Unrestncted|Restricted|Total Funds| ||||Funds|Funds|2022| |||||2|2| |Tangible fixed assets|||106,892|71,833|178,725| |Current assets|||213,006|80,000|293,006| |Creditors less than|1|year|(310,827)||(310,827)| |Creditors greater than||1 year|(259,639)||(259,639)| |Net liabilities|||(250,568)|151,833|(98,735)| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2021| |Tangible fixed assets|||136,187|62,984|199,171| |Current assets||||126,415|126,415| |Creditors less than|1|year|(392,477)||(392,477)| |Creditors greater than||1 year|||| |Net liabilities|||(256,290)|189,399|(66,891)| ## ## |Anal|ysis ofchanges
in net debt|||| |---|---|---|---|---| |||At||At| |||1 Mar 2021|Cash flows|28Feb 2022| |||||2| |Cash|at bank and in hand|108,053|28,677|136,730| |Debt|due within one year|(397,776)|86,949|(310,827)| |Debt|due after one year||(259,639)|(259,639)| |||(289,729)|(148,259)|(433,736)| ##