## **The Wheel Training Company’s Annual Report 22/23 (September 2022 - August 2023)** 

## **Charity No. 1179263 Company No. 10352544** 

## _**Principal Address: 18 Cedarcroft Road, Plymouth, PL2 3JX**_ 

_**Name of Trustees: Cally Hayes (Chair) Thomas Bowdler, Elaine Deekes, Laura Precious, Kimberley Sykes**_ 

_**Co-Creative Directors (Chief Executives): Amanda Collins & Kevin Johnson**_ 



## **Structure, Governance & Management:** 

Our governing document is The Wheel’s Articles of Association.  The charity is registered as a non-profit company, limited by guarantee, Company No. 10352544. 

Appointment of trustees as per The Wheel’s Articles of Association. 

## **Objectives & Activities:** 

The charity’s objects: The advancement of education for the public benefit by fostering and promoting, understanding and appreciation of the arts, including but not exclusively by the provision of classes, workshops and training, 

This was our 5th year of trading, and we viewed this as a year to continue realistically working within our capacity, but spending our time focussing on our Part Time Training Company which had recruited well. Whilst externally continuing to be open to new possibilities for lines of work, and establish a clear identity and following in the region. 

We continue working under 3 strands of work: Actor Training, Actors Networks and Development, and Productions, of which we look to integrate wherever possible. These areas will continue act as a frame for the report. Our slightly more ‘user friendly’ overarching statement for our work continues to be: 

_The Wheel’s work is centred around the interconnected nature of training, continuing professional development and performance making, with a strong focus on, authentic dialogue with individuals and communities and recognising the vital importance of equality, diversity and wellbeing within the industry_ . 

Page 2 



## **Overview of this years Activities:** 

## _**Actor Training**_ 

## _**Formal Training**_ 

As in previous reports we agreed and felt it would be _‘more useful to spend our energy establish-_ … _ing the company, and build a base of work first before progressing this area of formal training’_ and agreeing that… _‘We will keep any communications about this as a light touch over the coming year as we establish a more stable ‘Informal’ training package and reputation.’_ 

To progress into more formal training is still a company ambition and we still believe we are best positioned to offer a **one year MA in acting (rep company)** , we haven’t managed to pursue any further conversations with **Falmouth University** yet in regards to this and the landscape for validation across the H.E. industry seems to be shifting again and leads towards larger ‘money making’ partnerships. 

**Cygnet Drama School in Exeter** - We are in conversations about a possible partnership delivering a **1 and 2 year training offer** alongside them as they try to re-invent their business model. They are currently dormant in their educational work and just existing as a venue for this current year, this autumn is a big consultancy period for them. So we will have some idea about how this may or may not develop by the end of 2023. 

———————————— 

## _**Informal Training**_ 

-  This year we recruited 12 actors to our 

**one year Part Time Training Company** course. We ran a short round of short courses under the titles ‘Acting Fundamentals’ in the spring. 

- **Acting Fundamentals (Connection & Presence)** - St Saviours Hall (3 sessions) - **Acting Fundamentals (Actor & Text)** - St Saviours Hall (3 sessions) 


**- Actors CPD - Accent and Dialect -** Plymouth Atheneaum (2 sessions) 

- Ad-hoc **solo actor coaching** sessions, and drama school audition pre 

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## **Actor Networks and Development** 

**-** We continued our ‘ **Coffee House Sessions’** donation based advice and first meeting point ser- 

vice. 

- We continued the **South West Actor’s Network** - with a low cost subscription, sharing castings, offering a 30% discount on the short courses and a free place on our **CPD on Accent and Dialect coaching** supported by ‘ **MESH** ’ 

- We have continued as members for the **Plymouth Athenaeum** Board for there Strategic Development project 

- We managed the castings for the **BFI Film Academy** Plymouth in the autumn. 

## **Productions** 

In March we shot our first short film ‘ **A Thin Place** ’ in partnership with **South of Devon Films** and the training company course culminated in a production of Bertolt Brechts’ **The Mother** which performed 2 nights at The **Barbican Theatre** Plymouth and 3 nights at **Cygnet Theatre** in Exeter. 



## **Core Running and Future Preparations** 

No huge difference to the previous year due to the organic growth focus. We continued with monthly Operation Meetings which act as a good check point to manage finance, marketing, logging of activity and any data capture processes. 

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## **Engagement Statistics and Feedback:** 

We have begun to implement monitoring systems for the engagement of our work, these probably need refining as we move forward but hopefully the following is useful to build upon. 

## **TRAINING:** 

_**Courses:**_ 

_**PART TIME TRAINING COMPANY - All year - 12 Participants**_ 

_**SPRING -**_ 

- **Acting Fundamentals (Connection & Presence)** - St Saviours Hall (4 sessions) - 2 & half hours - 4 **Participants** - **Acting Fundamentals (Actor & Text)** - St Saviours Hall (4 sessions) - 2 & half hours - 4 **Participants - Actors CPD - Accent & Dialect  - Plymouth Atheneaum** (2 sessions) - All day - 14 **participants** 

## **Course Feedback/quotes:** 

We weren’t as active as we could’ve been pursuing quotes and feedback as last year, but here’s a few…. 

## **ACTING FUNDAMENTALS COURSES -** 

- “i’ve made a deeper connection in the last three weeks with people here than with many people in my real life’ 

- ‘Its been great, i’ve read around these techniques and thought i understood it, but that was only in my brain, now i feel like i really get it.’ 

- “it was really nice authentic space, where the ‘teacher’ is sharing and listening just as much as us - really nice environment to be in.’ 



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## **PART TIME ACTOR TRAINING COMPANY :** 


‘I keep telling people that i think i’ve found a bit of gold working with this company’ 

“i had high expectations joining this course and company and all of them have been met and more” 

“I love how valued everyone is and how much time and care is given to the individual alongside the whole company” 

“Everything is explored and taught with an amazing amount of integrity and authenticity which is great to be part of” 


‘It has been a wonderful journey and i feel i have really grown as an actor and gained so much confidence - i am extremely happy to 

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be part of The Wheel family’ 

“meeting Amanda & Kev has been one of the best things that could have happened to me to help develop my acting skills’ 

‘choosing this course was the best decision i could have made!’ 

‘An amazing experience, eye opening and affirming, thank you for the opportunity’ 


## _**School & College Workshops:**_ 

None 

## _**Solo coaching:**_ 

Between us we ran _**17 sessions**_ 

and coached **5** _**individuals**_ 

_(4 regionally in person and one online in Japan)_ 

## _**Feedback:**_ 

‘I feel like i’m developing and learning so much in every session - its the first time i feel like i’m really acting and not just performing something - i can’t wait for more _‘_ 

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## **ACTORS DEVELOPMENT & NETWORKS** 

## _**S.W. Actors Network:**_ 

15 paying (Bronze Level) members as of 31st August - lower than previous year - (down by 5) 

24 engaged over the year. (down by 8) 

Shared over the year: 

33 Casting Calls (decrease of 30 from previous year) 

85 Roles (decrease of 106 from previous year) 

- 5 Opportunities (unpaid castings/workshops/commissions/performance platforms) 

2 Bulletins 

SWAN has continued as part of the MESH network funded by Plymouth Culture - (a collective voice for the creative and cultural networks in Plymouth) We have attended meetings across the year and have secured another a small pot of money (£500) to support SWAN over the coming year. 

## _**Coffee House Sessions:**_ 

We hosted **16** _**coffee house sessions** (-11 from last year)_ across the year **8 in person** and **8 via** 

**Zoom** 

## _**Feedback:**_ 

- This is fantastic - i’ve looked loads of places, but this is really unique and incredibly helpful - thank you so much! 

- ‘It was really nice to meet you this afternoon and have really benefited from your advice. It was wonderful to hear about the course that you teach and I think it will be really useful for me in the stunting world !’ - 'Thank you for yesterday and we both found this very interesting. It has given Ruby food for thought.’ (parent) 

- ‘ You’ve helped me so much in this last half hour, i can feel the fire again.’ 

- Thank you! this is incredibly useful and given me loads to think about - really helpful 

## _**BFI FILM ACADEMY :**_ 

_We worked as the casting director and cast_ _**3 short films**_ 

_employing_ _**7 actor**_ 

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## **—————————————————————** 


## **PRODUCTIONS** 

## _**A Thin Place - Short Film:**_ 

## _**(Shot in Feb-March - Released this October)**_ 

12 Training actors 

1 professional actor 

6 Professional crew 

300 views in first two weeks 

## **‘A Thin Place’** _**-**_ 

A Short Film - exploring the threshold moments that change our lives and the walls that have stories to tell. 

A collaboration between The Wheel and **South Of Devon Films** - created working with training actors (from The Wheels Part Time Training Company 2023) with a focus to create showreel material whilst simultaneously creating a film in its own right. 

## _**Feedback:**_ 

‘A really good film, it felt like a strong BBC drama, I thoroughly enjoyed it, a brilliant showcase of the work you do - you should deffo send it off to festivals.’ 

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————————- 

## _**THE MOTHER - Bertolt Brecht:**_ 

## _**(Performed in June for two weeks - one week in Plymouth and one in Exeter)**_ 

The Mother was our second full training company production integrated with some of our professional team of actor/musician and tech to create a visual retelling of this rarely produced play 

During a time of protest, strikes and civil unrest, Pelagea, a widow and mother worries about her sons future. After the impact of police brutality and fearful of an impending cost of living crisis, Bertolt Brecht’s The Mother explores the journey to and need for, revolutionary action. 

Brecht conceived of The Mother as a learning play, intended both to entertain and incite social change.  This highly visual production is a contemporary retelling which examines the plays relevance in todays social and economic unrest. 



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## _**Audience Feedback:**_ 


‘Loved it, well cast and so relevant to what is going on in the world today’ 

‘Just when i thought you guys couldn’t get any better… you do!’ 

‘thoroughly enjoyed it, a rare opportunity to get to watch a bit of Brecht on a Friday night!’ 

‘excellent. genuinely entertaining and powerful’ 


‘Incredibly relevant and poignant for todays world, quite a performance…’ 

‘Such a strong production, a great use of visuals, scene changes were inspired and the ‘music guy’ was amazing - hard to believe that was all just one guitar!’ 

‘this was my first time at a theatre and i loved it!’ 

‘A brilliant production, strong performances, a real emotional journey with beautiful visuals so incredibly topical’ 

‘I really enjoyed it! Great performances, well directed and the backdrop of newsreels really brought home the relevance effectively - I recommend this production heartily.’ 


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## **ENGAGEMENT STATISTICS E&D MONITORING:** 

## **E&D Monitoring:** 

## **COURSES:** 

**Overall - 17** individuals filled in the E&D forms out of **21** engagements - **100% completed** 

## **Geographic** - **100% local** 

**Devon & Cornwall - 17;** Plymouth 7, Torbay  3, Mid Cornwall 3, Mid Devon 2, East Cornwall 1, North Devon 1 

## **Gender -** 

**71% Female, 29% Male** 

## **Sexual Orientation -** 

**76% Heterosexual, 6% Other, 6% Gay, 12% not answered.** 

## **Age -** 

**18-21 - 2 (12%)** 

**22-30 - 3 (18%)** 

**31-40 - 3 (18%)** 

**41-50 - 3 (18%)** 

**51-65 - 6 (36%)** 

**65+ - 0 (0%)** 

## **Disability -** 

**Yes - 3 (18%)     No - 11 (64%)     Prefer not to say - 3 (18%)** 

## **Ethnicity -** 

**White British - 12 - (72%)** 

**White English - 2 - (12%)** 

**Other - 3 - (16%)** (German, Bulgarian, Mixed/Unsure) 

## **Religion/Belief -** 

**Christian 5 (30%), Atheist 5 (30%), No Religion - 4 (24%), Prefer not to say 1 (6%),** 

**Other 2 (12%) (Free Thinking, Spiritual)** 

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## **SOLO COACHING AND COFFEE HOUSE SESSIONS:** 

_**We do not officially give E&D forms out for these but we record the location, gender, Ethnicity and Age - and register disability if declared….**_ 

**Overall - 21** individuals engaged in theses services 

**Geographic** - **90% Regional -15% Other Devon & Cornwall - 19;** Plymouth 6, Mid Devon 5, Mid Cornwall 4, East Cornwall 2, North Devon 1, Torbay 1 

**Other - 3;** Japan 1, Milton Keynes 1, Liverpool 1 

## **Gender -** 

**62% Female, 38% Male,** 

**Age -** 

**18-21 - 5 (24%) 22-30 - 5 (24%) 31-40 - 5 (24%) 41-50 - 4 (19%)** 

**51-60 - 2 (9%)** 

**Disability -** 

**Yes - 3** 

## **Ethnicity -** 

**White British - 17 (80%)** 

**Other - 4 - (20%)** (Japanese, Bulgarian, German, Portuguese) 

## **Digital Marketing Statistics:** 

## _**Website:**_ 

Site sessions (visits): **1,854 -** (2021/22 - 2,306) - (2020/21 - 2,207) -  (2019/20 - 2,274) (decrease from previous years) 

Unique Visitors: **1,327 -** (2021/22 - 1,524) - (2020/21 - 1,387) - (2019/20 - 1,366) (similar to previ- 

Page 13 



ous year) 

Top 3 Referrals - Google 1,002  (879) (442) (471) Direct  470 (522) (421) (1,047) Facebook 238 (760) (495) (445) 

New visitors 96% - (96%) (72.6%) - (88.62%)  - Returning Visitors 4% - (4%) (27.4%) - (11.38%) 

Geographic reach - we are unable to access this data this year - not sure why… so no exciting world maps or tables we’re afraid. 

## _**Social Media:**_ 

- Youtube channel: **492** views (387 views) (20/21 - 411 views) (19/20 - 642 views) **+1** Channel subscriptions (+3) (20/21 +2 channel subscriptions) (19/20 +7 channel subscriptions) 

## **Total views 2,495 - 22 subscribers** 

- Facebook: 350 page likes 376 page (21/34 increase) 

- Instagram: 405 followers (83 increase) 

- Twitter: 177 (7 increase) 

## **Financial Review** 

Alongside the Annual Report is a Draft Financial Report which includes a Balance Sheet, Financial Summary (with key items) and an Income & Expenditure Account. Our Income for the year was £24023.01 and Expenditure was £22677.60, the bulk of which relates to the Part-Time Course. 

## **Moving Forward** 

This next year we haven’t recruited for a further one year course, so we will offer up a series of short courses across the year as in 2021/22 possibly culminating in a 2nd ‘Scrapbook’ style production course. 

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Our main focus for the year is to pay more attention to our **Productions** strand - we have had early conversations with Theatre Royal Plymouth to support with this, using their rehearsal spaces and in discussions with their associate teams towards possibilities of production support. We hope to develop a solo production, and will seek out time to begin this process beginning an early R&D in November. 

We will continue to be open to  possibilities of developing a partnership for an MA programme. possibly with Falmouth University. We will also be responsive to any possible partnership with Cygnet Drama School. 

Continuing engagement with MESH and Plymouth Culture to explore possibilities around space and future projects. 

Page 15 



The Wheel Tfalnlng Company
Charlty No. 1179263
CompaDy No. 10352544
Trustees, Report and Unaudlted Accounts
31 Ai¥iigt 2023

The Wheel Trnlnlnl Comp•ry
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of FlnantS31 Actibryties
summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
7t013
Detsiled Statement of Flnancial Attlvlties
14to15
Page I

The Wheel Training Company
Truste¢s Annual R¢port
The trustees. who are also directors of the tharity for the purposes of the Companles Act 2006,
present their report wbth the unaudited finanaal tstements of the tharity for the year ended 31
August 2023.
REFERENCE ANO ADMINISTRATIVE D￿AlL%
Company No. 10352544
Charlty No. 1179263
Rqlstered Offlce
18 Cedarcroft Road
Plymouth
Devon
PL2 3JX
Dlrertor5 and Trusteos
The Dirertors of the charitable company are Its Trustees for the purposes of tharfty law.
The followlng Dlrectors and Trusttts served durlng the year.
T. Bowdler
E. Deekes
C. Hayes
L.C. Precious
K. Sykes
coM￿nY Secretsry
A.P. Colllns
Accountants
Preelse Accountants Ltd
Unlt 6, Brooklands
Budshead Road
Plymouth
Devon
PL6 5XR
The Trustees are responsible for keeplne proper accountlng records that dlsclose with reasonable accuracy at
any time the financial position of the charrty and to enable them to ensure that the flnanclal statements
comply wSth the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detertion of fraud and other Irregularities.
The above report has been prepared in attordance w￿h the provisions applicable to compènles 5ubjert to
the small companies re8ime a5 set out in Part 15 of the Companies Art 2Crf)6 and In accordance wfth the
Charities SORP IFRS 1021.
SLqned on behalf of the board
T. Bowdler
Trustee
10 May 2024
Page 2

The Wheel TralnlnB Company
Independent Examlners Report
Independent E￿mIne￿$ Rem to the trustees of The Wheel Trainiwd Company
I report to the charity trustees on my examinatjon of the flnandal statements of The Wheel Training
Company for the year ended 31 August 2023.
A•sponslbllltles and ba515 of report
A5 the charty'5 trustees of the company {and also its dirertors ferthe purposes of company lawl you are
responsible for the preparation of the financial statements In accordance w￿h the requlrements of the
Companies Act 2￿61'the 2CX)6 Att.
Havlng Satisfied myself that ihe financial ststements of thè Charlty are not requlred to be audlted under Part
16 of the 2W6 Act and are eligible for independent examlnation, I report in respect of my examination of
your charlty's flnancial ststements as carried out under section 145 of the Charities Art 20111'the 2011 Arfl.
In carrylng out my examlnation I have followed the Dlrectlons gfven by the Charrty Commi55lon under settion
14515} Ibl of the 2011 Act.
Independ•nt •x4mln•rfs stst•m•nt
I have completed my examlnatlon. l Can confirm that no maierlal matters have come to my attentlon In
connertion with the examlnatlon 8fving me cause to belleve..
accountin8 records were not kept in accordance with section 386 of the 2￿6 Act: or
• the financial statements do not accord wlth those records; or
the financlal statements do not compty wtth the accountin8 requirements under sectlon 396 of the 2(K)6
Att other than any requlrement that the financial statements glve a'true and fair, vlew whlthls not
matter considered as part of an Independent examlnatfion: or
the flnantbal statements have not been prepared In accordance vlth the methods and princSples of the
Statement of Recommended Practlce for actounting and reportln8 by charIt￿$ applicable to charltles
preparln8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I havè no contèms and have tome acmss no other matters In connectlon wlth the examinatlon to whith
attention should be drawn in this report in order to enable a proper understandin8 of the finJnclal
statements to be reached.
Mr L J Hardacre IFCCAI ACCA
Preclse Accountants Ltd
Unit 6, Brooklands
Budshead Road
Plymouth
Devon
PL6 5XR
10 May 2024
Page 3

The Wheel Tralnlni Company
ststement of Flnan¢lal Actl¥ltles
for the year ended 31 August 2023
Unrt5tr1cled
lunds Totsl funds Tot41 funds
2023
202a
2022
Notes
Income ar￿ endo¥mients
from:
t)onations and leBacies
Charitable activitie5
59
27.422
59
27,422
102
8.863
Totsl
27,481
27.481
8,965
Expendlture on:
Charitable activitles
Other
16.682
7,494
24.176
16,682
7,494
3,331
3,340
6,671
Total
24.176
Net galns on investments
Net Income
3,305
3.305
2,294
Transfers between funds
Net Income before other
ialnslllossesl
3,305
3,305
2,294
Other ylns and losses
Net rno¥•m•nl In funds
3.305
3,305
2,294
R•con¢lllatlon of fvnds:
Total funds brought forward
3,719
3,719
1,425
Total lund5 urrled forward
7.024
7,024
3,719
Page4

The Wheel Training Company
Summary Income and Expendltur¢ Acctyjnt
for the year ended 31 Au8USt 2023
2023
2022
Income
27.481
8,%5
Gross In¢ome for ihe ye•r
Expenditure
27,481
8,965
24.176
6,580
Depreciation and charges for
Impalrment of flxed assets
91
Total •xp•ndlture forthe ye
Net Income before tax for the year
24,176
3.305
6.671
2,294
Net Income lor the year
3,305
2,294
Page 5

The Wheel Tralnlng Company
Balance Sheet
at JI August 2023
Campany No. 10352544
2023
2022
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and In hand
io
5.765
9,725
{2.7011
7.024
4.419
4,419
17001
3.719
Credltors: Amount fallln8 due wlthln one year
Net Current •ssets
li
Tot*1 assets less eurrent Il•bllTt1•5
7,024
7.024
3,719
3,719
Net a￿ts exdudlni p•nslon asset or114blllty
Totsl n•t assets
7,024
3,719
Th• fvnds of th• chrlty
Restrlcttd lunds
Unr•strScted fufids
General fund5
12
12
7,024
3,719
3,719
7.024
Rtter¥es
12
Total lunds
7.024
3.719
These accounts have been prepared In accordance with the speclal provlsions of Part 15 of the Companies
Att 2(NJ6 relatln£ to small companies.
For the year ended 31 August 2023 the company was entltled to exemptbon under sectlon 477 of the
Companies Act 2rTh relatin8 to small companies.
The members have not required the company to obiain an audit in accordance with 5ertion 476 of the
Companies Act 2CQ6.
The directors acknowledge thelr rèsponslbilftles for complying wlth the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 10 May 2024
And $58ned on behalf by..
T. Bowdler
Trustee
10 May 2024
Page 6

The Wheel Tralnlng Company
Notes to the A¢counts
the year ended 31 Auwst 2023
l Accountlng polkles
Basls of preparatlon
The flnancial statements have been prepared in accordance with Accounting and Reportln8 by Charities,.
Statement of Retommended Praciice appllcable to charities preparing their accounts In accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffect￿re I
January 20151- Icharltles SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and
Republlc of Ire13nd IFRS 1021 and the Companies Art 2006.
Change In ba515 of accountlw •xto pvevhys accounts
There has been no change to the accounting poliaes {￿luation rules and method of accountSngl since
last year and no changes have been made to accounts for pre￿0￿$ years.
Fund accountlng
Unre5trfcted funds These are avallable for use at the dlscretlon of the trustees In furtherance of the
8eneral objerts of the charRv.
These are unrestrirted funds eannarked by the trustees for partlcul?r purposes.
These are unrestricted funds which include a revaluation reserve representin8 the
restatement of investment a￿ts at their market values.
These are avallable for use subject to re5tr5ctlon5 Imposed by the donor or through
tem)s of an appeal.
Deslgnated funds
Revaluatlon funds
Restrlcted funds
In¢(¥n•
Recognltlon of
Income
Income Is Induded in the Statement of Flnanclal Artlvltle5 ISOFAI when the charity
becomes entltled to, and Ilrtually certaSn to receive, the Income and the amount of
the Intome can be measured with sulficient reliabilty.
Income wlth related whe￿ income has related expenditure the Income and related expenditure Is
Èxpendlture
reported gross In the SOF
Donatlons and
le8acles
Voluntsry Income recefved by way of 8rants. donatlon5 and 8lfts is included In the
the SOFA when receivable and only when the Charlty has uncondltional
èntltlement to the Incorne.
Tax redaims on
Income from tsx reclairns is included in the SOFA at the Same time as the
donations and glfts giftldonation to which it relates.
Donated servlces
These are only Included In income Iwtth an equivalent amount In expendlturel
and facllltles
where the benefft to the Charity ￿ reasonab￿ quantlflable. measurable and
material.
Volunteer help
The value of any volunteer help received is not induded In the accounts.
Investment income This is included in the accounts when receivable.
Gainslllossesl on
This indude5 any gain or loss resulting from revaluing investrnents to market value
revaluation of fixed at the end of the year.
assets
Gainsl{lossesl on
Investment assets
This includes any gain or10s5 on the sale of investments.
Page 7

The Wheel Tralniw Companv
Notes lo the A¢cwnts
Exppnditure
Recognition of
expenditure
Expenditure is recognised on an accnjals basis. Expenditure Includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs 4554xlated w￿h attracting voluntary Income. fundralsing
ra151ng funds
trading costs and investment management costs.
Expenditure on
These comprise the costs Incurred by the Charity in the delivery of its activitie5 and
charitable artivities services in the fvrtherance of its objerts. includin8 the making of grants and
governance costs.
All grant expendrture Is accounted for on an actual paTrd bas15 plus an accrual for
grnnts that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs a550clated wlth meetln8 the tonstltutlonal and statutory
requlrements of the Charity. including any audltllndependent examination fees,
costs Ilnked to the strateglc management of the Charlty. together wlth a share of
other administration costs.
Other expendtture These are 5UPPOrt costs not allocated to a particular artivlty.
Grants payable
Governance costs
Taxallon
The charltyls exempt from corporation tsx on Its charltable artfvities.
T*nilble fixed assets and deprnd•Oon
Depreciation Is provlded at the following annual rates In order to wrttè off each asset over Its e5tlmèted
useful Ilfe..
Flxtures. flttln8s and
equlpment
33.33% Straight Une
Freehold Inveslment property
Investment propertSes are measured Initially at cost and subsequently at falr value at each balance sheet
date and are not depreciated. Al gains or losses are taken to the Statement of Financial Activities as they
arlse.
Stocks
Stock is included at the lower of cost or net reallsable value. Donated Items of stock are recoBnlsed at fair
value which Is the amount the chaflty would have been willing to pay for the iterns on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement am(wnt due after any trade dlseount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
Cash and cash equSvalents
Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other
short-term highly liquid investments wfth orl8lnal maturitie5 of th￿ months or less and bank overdrafts.
In the statement of financlal posltlon, bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows. cash and cash equivalent5 are shown net of bank overdrafts that are
repayable on demand and fomi an integr31 part of the company's cash managemenL
Page 8

The Wheel Trainin8 Companv
Note5 to the A￿nts
Trade and other ueditors
Short term creditors are measured at the tran5artion price. Other creditors and provisions are ￿co￿nised
where the tharity has a present obligation resulting from a past event that wlll probably result in the
transfer of funds to a third party and the amount due to settle the obligatlon can be measured or
estlmated reliably- Creditors and provisions are normally reco8nised at their settlement amount after
allowing for any trade dlscounts due.
Research and development
Expenditure on research and development Is wdtten off In the year in which k Is Incurred.
currencles
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charlty are translated at the fates of exchan8e prevalling at the end of the reporting period.
Transartions in currencies other than the fvnctional currenq of the charity are recorded at the rate of
exchan8e on ihe date that the transactlon occurred.
All exchange differences are are taken Into account In arrlvlng at net incomelexpendlture.
Leased assets
Where the charSty enters into a lease whlth entalls taklng substantially all the r15ks and rewards of
ownershlp of an asset. the lease Is treated as a finance lease.
Leases whlch do not transfer substantially all the risks ènd rewards of ownershlp to tharity are classified
as operatSn8 leases.
Assets held under finance leases are Initially reco8nlsed as assets of the charity at thelr falr value at the
Snception of the lease or, rf lower, at the present value of the minimum lease payments. The
correspondlng liability to the le550r is included in the balance sheet date as a flnance lease obli8ation.
Lease payments are apportioned betsveen finante expenses and reductlon of the lease obligation so as to
achleve a constant rate of Interest on the remalnlng tsalan￿ of the Ilabillty. Flnance expenses are
recognised 5mmedlatety, unless they are directly attdbutable to quallfylng assets. In whlch case they are
capltallsed in accordarbce wlth the charity's pollcy on borrowlng costs.
A55et5 held under finance leases are depreciated in the same way a5 owned assets.
OperatlnÈ lease payments are recognised as an expense on a straltht-line basis over the lease term.
In the event that lease Incentlves are received to enter Into operatSnB leases, such incentlvès are
recognised as a Ilablllty. The aggregate benefrt of incentives is recognised as a reductlon of rental
expense on a strai8ht-line bas15.
Penslon casts
The charlty operates a defined contrilmrtion plan for its employees. A deflned contrlbutlon plan Is a
pension plan under which the company pays fixed contrlbutlons into a separate entity. Once the
contributions have been paid the company ha5 no further payments obligations. The contrlbutions are
recogn15ed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The asset5 of the plan are held separately from the company In independently administered funds.
Recelpt of donated ￿Qds. facllllles and seThlce5
All donated goods, facllltles and services received are recognised within Incomlng resources and
expenditure at an estimate of the value to the charity.
Page 9

The Wheel Training Company
Notes to the Ac￿nts
2 Company status
The company is a private Company limited by 8uarantee and Consequent￿ does not have share capital.
3 5tat•ment of Flnandal Adl¥ltles- fv year
Unrestrkted
funds Total funds
2022
2022
Income •nd *ndowm•nts from:
l)onatlons and legacle5
Charltable actlvltles
102
8,863
102
Tot•1
8,965
8.965
Exptndlture on:
Charitable actlvltles
3,331
3.340
3,331
3,340
other
T•tal
6,671
6,671
Net lThcome
2,294
2,294
N•t Intome b•for• other
8alnsllloss•sl
Other £•lns and losses:
Net movement In lunds
2,294
2.294
2,294
2,294
Recon¢lll•tlon of fvrbds:
Total funds brou8ht forward
T¢)tal funds Carrled forwa
1,425
3,719
1,425
3,719
4 Income from donatI(y￿ *nd14a¢i•s
Unrestrlrted
Totsl
Total
2022
2023
Donation5
59
59
59
102
59
102
5 Income from tharltsble adl¥liles
Tot*1
Total
2022
2023
Projects and Events
Training
1.714
25.708
27,422
1.714
25.708
27,422
1,40S
7,458
8,863
Page 10

The Wheel Trninin8 Compny
Notes to the Accounts
E¥pendlture on tharftsble •cli¥rbes
Unrestrlcted
Totsl
ZOZ3
Total
2022
Expendlture on chorltoble
artiwties
ProJerts and Events
Govemonce costs
16.682
16,682
3,331
16,682
16,682
3,331
7 Other expendilwe
Total
20Z3
Total
2022
Motor and travel costs
23
Premlses costs
Amortisation, depreciation,
Impairment, profivloss on
disposal of fixed assets
General administrative costs
1,760
91
1,168
894
1,168
746
Le8al and professional costs
720
7.494
7,494
3,340
8 fiet Income belorn trnnsfers
2022
Thls 5$ stated after charglng-
Depreclatlon of owned fixed assets
9 T•n8lble Ilxed assets
91
Flmlures,
tlttin8s arld
eqylpment
Totsl
Cost or revalu•tk
At 15eptember 2022
At 31 August 2023
Depretiatit)n and
Impalrment
At I September 2022
At 31 August 2023
Net book values
275
275
275
275
275
275
275
275
At 31 August 2023
At 31 Au8U5t 2022
Page 11

The Wheel TraInI￿ Company
Notes to the A¢¢wnts
10 Oebtors
2022
Trade debtors
3.960
3.960
11 Credltors:
amounts fallin8 due within one year
2023
2022
Trade creditors
Loans from trustees
Accruals
221
221
479
2,701
700
12 Movement In funds
Incomkni
At31
August
2023
{Indudkni
Resourcei
Atl
other expended
Pt￿nber plnsl1055
2022
Re5trfrted lund5:
Unrestrlcted funds:
Gener•1 lunds
3,719
27,481
124,1761
7,024
Total lunds
13 Analysts of not a$s¢ts b¢twe¢n fvnds
3,719
27,481
124.1761
7,024
Unrestrlrted
fund$
Totsl
Net Cu￿nI assets
7.024
7.024
7,024
7,024
14 Recondllatlon of net debt
At31
September
2022 Cash fknvs
August
2023
Cash and cash equivalents
4.419
4.419
5,765
5,765
Net debt
4.419
5.765
Pa8e 12

The Wheel Tralnlng Company
Note5 to the Accounts
15 Relatsd party dtsclosures
Controlllnq party
The company is a private company Ilmtted by guardntee and consequendy ha5 no share capital therefore
the Directorsifrustees join￿Y have ultimate control overthe company.
Page 13

The Wheel Tralnlng Company
Delalled stateme￿ of Anandal Actlylties
for the year ended 31 Au8Urt 2023
Unrestrirted
funds Totsl funds Totsl funds
2023
2022
Incomè •nd endowments Irom:
Donations and le8acie5
Donatlons
59
59
59
102
102
59
Charltable actfvltles
Projects and Events
Tralnlng
1.714
25,708
27,422
1,714
25,708
27.422
1,405
7,458
8,863
Total Income and endownwnts
27.481
27,481
8,965
Expendlture on:
Charitable activitles
Projects and Events
16,682
16,682
16,682
16,682
3,331
3,331
Totsl ol expendhur• M ¢h•rlt•bl•
•ctMtles
16.682
16,682
3,331
Motor and travel costs
Travel and sub515tence
892
892
23
23
892
892
Premlses costs
Rent
4.540
4.540
1,760
1,760
General administrative costs,
Including depreciètion and
amortlsatlon
Depredation of Fixtures. fitti
nd equipment
Bank charges
General insurances
Postage and couriers
Software, IT sUPPOrt and related
costs
Stationery and printing
Subscriptions
91
61
221
61
221
221
23
366
281
341
341
179
179
173
837
1,168
1,168
LeBal and profes5ion31 costs
Audlvlndependent examlnatlon
fee5
Accountancy and bookkeeping
Other legal and professional
CQSts
120
450
414
414
150
Page 14

The Wheel Tralnln8 Company
Detalled Statemenl of Flnandal Acll¥ftles
894
720
Total of expendlture ot other costs
Total expenditurn
Net gains on Investments
7,494
7.494
3.340
24.176
24.176
6,671
Net Inwme
3.305
3.305
2,294
Net 5ncome before other
Inslllossesl
Other Galns
3,305
3,305
2.294
Net M￿1•m•￿ In lunds
3.305
3,305
2,294
Reconclllatlon of funds:
Total funds brought forward
3.719
3.719
1,425
Tot•1 fvnds uffl¢d fomrd
7,024
7,024
3,719
Page 15

The Wheel Tfalnlng Company
Charlty No. 1179263
CompaDy No. 10352544
Trustees, Report and Unaudlted Accounts
31 Ai¥iigt 2023

The Wheel Trnlnlnl Comp•ry
Pages
Trustees, Annual Report
Independent Examiner's Report
Statement of FlnantS31 Actibryties
summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
7t013
Detsiled Statement of Flnancial Attlvlties
14to15
Page I

The Wheel Training Company
Truste¢s Annual R¢port
The trustees. who are also directors of the tharity for the purposes of the Companles Act 2006,
present their report wbth the unaudited finanaal tstements of the tharity for the year ended 31
August 2023.
REFERENCE ANO ADMINISTRATIVE D￿AlL%
Company No. 10352544
Charlty No. 1179263
Rqlstered Offlce
18 Cedarcroft Road
Plymouth
Devon
PL2 3JX
Dlrertor5 and Trusteos
The Dirertors of the charitable company are Its Trustees for the purposes of tharfty law.
The followlng Dlrectors and Trusttts served durlng the year.
T. Bowdler
E. Deekes
C. Hayes
L.C. Precious
K. Sykes
coM￿nY Secretsry
A.P. Colllns
Accountants
Preelse Accountants Ltd
Unlt 6, Brooklands
Budshead Road
Plymouth
Devon
PL6 5XR
The Trustees are responsible for keeplne proper accountlng records that dlsclose with reasonable accuracy at
any time the financial position of the charrty and to enable them to ensure that the flnanclal statements
comply wSth the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detertion of fraud and other Irregularities.
The above report has been prepared in attordance w￿h the provisions applicable to compènles 5ubjert to
the small companies re8ime a5 set out in Part 15 of the Companies Art 2Crf)6 and In accordance wfth the
Charities SORP IFRS 1021.
SLqned on behalf of the board
T. Bowdler
Trustee
10 May 2024
Page 2

The Wheel TralnlnB Company
Independent Examlners Report
Independent E￿mIne￿$ Rem to the trustees of The Wheel Trainiwd Company
I report to the charity trustees on my examinatjon of the flnandal statements of The Wheel Training
Company for the year ended 31 August 2023.
A•sponslbllltles and ba515 of report
A5 the charty'5 trustees of the company {and also its dirertors ferthe purposes of company lawl you are
responsible for the preparation of the financial statements In accordance w￿h the requlrements of the
Companies Act 2￿61'the 2CX)6 Att.
Havlng Satisfied myself that ihe financial ststements of thè Charlty are not requlred to be audlted under Part
16 of the 2W6 Act and are eligible for independent examlnation, I report in respect of my examination of
your charlty's flnancial ststements as carried out under section 145 of the Charities Art 20111'the 2011 Arfl.
In carrylng out my examlnation I have followed the Dlrectlons gfven by the Charrty Commi55lon under settion
14515} Ibl of the 2011 Act.
Independ•nt •x4mln•rfs stst•m•nt
I have completed my examlnatlon. l Can confirm that no maierlal matters have come to my attentlon In
connertion with the examlnatlon 8fving me cause to belleve..
accountin8 records were not kept in accordance with section 386 of the 2￿6 Act: or
• the financial statements do not accord wlth those records; or
the financlal statements do not compty wtth the accountin8 requirements under sectlon 396 of the 2(K)6
Att other than any requlrement that the financial statements glve a'true and fair, vlew whlthls not
matter considered as part of an Independent examlnatfion: or
the flnantbal statements have not been prepared In accordance vlth the methods and princSples of the
Statement of Recommended Practlce for actounting and reportln8 by charIt￿$ applicable to charltles
preparln8 their accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland IFRS 1021.
I havè no contèms and have tome acmss no other matters In connectlon wlth the examinatlon to whith
attention should be drawn in this report in order to enable a proper understandin8 of the finJnclal
statements to be reached.
Mr L J Hardacre IFCCAI ACCA
Preclse Accountants Ltd
Unit 6, Brooklands
Budshead Road
Plymouth
Devon
PL6 5XR
10 May 2024
Page 3

The Wheel Tralnlni Company
ststement of Flnan¢lal Actl¥ltles
for the year ended 31 August 2023
Unrt5tr1cled
lunds Totsl funds Tot41 funds
2023
202a
2022
Notes
Income ar￿ endo¥mients
from:
t)onations and leBacies
Charitable activitie5
59
27.422
59
27,422
102
8.863
Totsl
27,481
27.481
8,965
Expendlture on:
Charitable activitles
Other
16.682
7,494
24.176
16,682
7,494
3,331
3,340
6,671
Total
24.176
Net galns on investments
Net Income
3,305
3.305
2,294
Transfers between funds
Net Income before other
ialnslllossesl
3,305
3,305
2,294
Other ylns and losses
Net rno¥•m•nl In funds
3.305
3,305
2,294
R•con¢lllatlon of fvnds:
Total funds brought forward
3,719
3,719
1,425
Total lund5 urrled forward
7.024
7,024
3,719
Page4

The Wheel Training Company
Summary Income and Expendltur¢ Acctyjnt
for the year ended 31 Au8USt 2023
2023
2022
Income
27.481
8,%5
Gross In¢ome for ihe ye•r
Expenditure
27,481
8,965
24.176
6,580
Depreciation and charges for
Impalrment of flxed assets
91
Total •xp•ndlture forthe ye
Net Income before tax for the year
24,176
3.305
6.671
2,294
Net Income lor the year
3,305
2,294
Page 5

The Wheel Tralnlng Company
Balance Sheet
at JI August 2023
Campany No. 10352544
2023
2022
Flxed assets
Tangible assets
Current assets
Debtors
Cash at bank and In hand
io
5.765
9,725
{2.7011
7.024
4.419
4,419
17001
3.719
Credltors: Amount fallln8 due wlthln one year
Net Current •ssets
li
Tot*1 assets less eurrent Il•bllTt1•5
7,024
7.024
3,719
3,719
Net a￿ts exdudlni p•nslon asset or114blllty
Totsl n•t assets
7,024
3,719
Th• fvnds of th• chrlty
Restrlcttd lunds
Unr•strScted fufids
General fund5
12
12
7,024
3,719
3,719
7.024
Rtter¥es
12
Total lunds
7.024
3.719
These accounts have been prepared In accordance with the speclal provlsions of Part 15 of the Companies
Att 2(NJ6 relatln£ to small companies.
For the year ended 31 August 2023 the company was entltled to exemptbon under sectlon 477 of the
Companies Act 2rTh relatin8 to small companies.
The members have not required the company to obiain an audit in accordance with 5ertion 476 of the
Companies Act 2CQ6.
The directors acknowledge thelr rèsponslbilftles for complying wlth the requirements of the Companies Act
2006 with respect to accounting records and the preparation of accounts.
Approved by the board on 10 May 2024
And $58ned on behalf by..
T. Bowdler
Trustee
10 May 2024
Page 6

The Wheel Tralnlng Company
Notes to the A¢counts
the year ended 31 Auwst 2023
l Accountlng polkles
Basls of preparatlon
The flnancial statements have been prepared in accordance with Accounting and Reportln8 by Charities,.
Statement of Retommended Praciice appllcable to charities preparing their accounts In accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffect￿re I
January 20151- Icharltles SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and
Republlc of Ire13nd IFRS 1021 and the Companies Art 2006.
Change In ba515 of accountlw •xto pvevhys accounts
There has been no change to the accounting poliaes {￿luation rules and method of accountSngl since
last year and no changes have been made to accounts for pre￿0￿$ years.
Fund accountlng
Unre5trfcted funds These are avallable for use at the dlscretlon of the trustees In furtherance of the
8eneral objerts of the charRv.
These are unrestrirted funds eannarked by the trustees for partlcul?r purposes.
These are unrestricted funds which include a revaluation reserve representin8 the
restatement of investment a￿ts at their market values.
These are avallable for use subject to re5tr5ctlon5 Imposed by the donor or through
tem)s of an appeal.
Deslgnated funds
Revaluatlon funds
Restrlcted funds
In¢(¥n•
Recognltlon of
Income
Income Is Induded in the Statement of Flnanclal Artlvltle5 ISOFAI when the charity
becomes entltled to, and Ilrtually certaSn to receive, the Income and the amount of
the Intome can be measured with sulficient reliabilty.
Income wlth related whe￿ income has related expenditure the Income and related expenditure Is
Èxpendlture
reported gross In the SOF
Donatlons and
le8acles
Voluntsry Income recefved by way of 8rants. donatlon5 and 8lfts is included In the
the SOFA when receivable and only when the Charlty has uncondltional
èntltlement to the Incorne.
Tax redaims on
Income from tsx reclairns is included in the SOFA at the Same time as the
donations and glfts giftldonation to which it relates.
Donated servlces
These are only Included In income Iwtth an equivalent amount In expendlturel
and facllltles
where the benefft to the Charity ￿ reasonab￿ quantlflable. measurable and
material.
Volunteer help
The value of any volunteer help received is not induded In the accounts.
Investment income This is included in the accounts when receivable.
Gainslllossesl on
This indude5 any gain or loss resulting from revaluing investrnents to market value
revaluation of fixed at the end of the year.
assets
Gainsl{lossesl on
Investment assets
This includes any gain or10s5 on the sale of investments.
Page 7

The Wheel Tralniw Companv
Notes lo the A¢cwnts
Exppnditure
Recognition of
expenditure
Expenditure is recognised on an accnjals basis. Expenditure Includes any VAT which
cannot be fully recovered. and is reported as part of the expenditure to which it
relates.
Expenditure on
These comprise the costs 4554xlated w￿h attracting voluntary Income. fundralsing
ra151ng funds
trading costs and investment management costs.
Expenditure on
These comprise the costs Incurred by the Charity in the delivery of its activitie5 and
charitable artivities services in the fvrtherance of its objerts. includin8 the making of grants and
governance costs.
All grant expendrture Is accounted for on an actual paTrd bas15 plus an accrual for
grnnts that have been approved by the trustees at the end of the year but not yet
paid.
These Include those costs a550clated wlth meetln8 the tonstltutlonal and statutory
requlrements of the Charity. including any audltllndependent examination fees,
costs Ilnked to the strateglc management of the Charlty. together wlth a share of
other administration costs.
Other expendtture These are 5UPPOrt costs not allocated to a particular artivlty.
Grants payable
Governance costs
Taxallon
The charltyls exempt from corporation tsx on Its charltable artfvities.
T*nilble fixed assets and deprnd•Oon
Depreciation Is provlded at the following annual rates In order to wrttè off each asset over Its e5tlmèted
useful Ilfe..
Flxtures. flttln8s and
equlpment
33.33% Straight Une
Freehold Inveslment property
Investment propertSes are measured Initially at cost and subsequently at falr value at each balance sheet
date and are not depreciated. Al gains or losses are taken to the Statement of Financial Activities as they
arlse.
Stocks
Stock is included at the lower of cost or net reallsable value. Donated Items of stock are recoBnlsed at fair
value which Is the amount the chaflty would have been willing to pay for the iterns on the open market.
Trade and other debtors
Trade and other debtors are recognised at the settlement am(wnt due after any trade dlseount offered.
Prepayments are valued at the amount prepald net of any trade dlscounts due.
Cash and cash equSvalents
Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other
short-term highly liquid investments wfth orl8lnal maturitie5 of th￿ months or less and bank overdrafts.
In the statement of financlal posltlon, bank overdrafts are shown within borrowings or current liabilities.
In the Statement of Cash Flows. cash and cash equivalent5 are shown net of bank overdrafts that are
repayable on demand and fomi an integr31 part of the company's cash managemenL
Page 8

The Wheel Trainin8 Companv
Note5 to the A￿nts
Trade and other ueditors
Short term creditors are measured at the tran5artion price. Other creditors and provisions are ￿co￿nised
where the tharity has a present obligation resulting from a past event that wlll probably result in the
transfer of funds to a third party and the amount due to settle the obligatlon can be measured or
estlmated reliably- Creditors and provisions are normally reco8nised at their settlement amount after
allowing for any trade dlscounts due.
Research and development
Expenditure on research and development Is wdtten off In the year in which k Is Incurred.
currencles
Monetary assets and liabilities denominated in currencies other than the functional currency of the
charlty are translated at the fates of exchan8e prevalling at the end of the reporting period.
Transartions in currencies other than the fvnctional currenq of the charity are recorded at the rate of
exchan8e on ihe date that the transactlon occurred.
All exchange differences are are taken Into account In arrlvlng at net incomelexpendlture.
Leased assets
Where the charSty enters into a lease whlth entalls taklng substantially all the r15ks and rewards of
ownershlp of an asset. the lease Is treated as a finance lease.
Leases whlch do not transfer substantially all the risks ènd rewards of ownershlp to tharity are classified
as operatSn8 leases.
Assets held under finance leases are Initially reco8nlsed as assets of the charity at thelr falr value at the
Snception of the lease or, rf lower, at the present value of the minimum lease payments. The
correspondlng liability to the le550r is included in the balance sheet date as a flnance lease obli8ation.
Lease payments are apportioned betsveen finante expenses and reductlon of the lease obligation so as to
achleve a constant rate of Interest on the remalnlng tsalan￿ of the Ilabillty. Flnance expenses are
recognised 5mmedlatety, unless they are directly attdbutable to quallfylng assets. In whlch case they are
capltallsed in accordarbce wlth the charity's pollcy on borrowlng costs.
A55et5 held under finance leases are depreciated in the same way a5 owned assets.
OperatlnÈ lease payments are recognised as an expense on a straltht-line basis over the lease term.
In the event that lease Incentlves are received to enter Into operatSnB leases, such incentlvès are
recognised as a Ilablllty. The aggregate benefrt of incentives is recognised as a reductlon of rental
expense on a strai8ht-line bas15.
Penslon casts
The charlty operates a defined contrilmrtion plan for its employees. A deflned contrlbutlon plan Is a
pension plan under which the company pays fixed contrlbutlons into a separate entity. Once the
contributions have been paid the company ha5 no further payments obligations. The contrlbutions are
recogn15ed as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet.
The asset5 of the plan are held separately from the company In independently administered funds.
Recelpt of donated ￿Qds. facllllles and seThlce5
All donated goods, facllltles and services received are recognised within Incomlng resources and
expenditure at an estimate of the value to the charity.
Page 9

The Wheel Training Company
Notes to the Ac￿nts
2 Company status
The company is a private Company limited by 8uarantee and Consequent￿ does not have share capital.
3 5tat•ment of Flnandal Adl¥ltles- fv year
Unrestrkted
funds Total funds
2022
2022
Income •nd *ndowm•nts from:
l)onatlons and legacle5
Charltable actlvltles
102
8,863
102
Tot•1
8,965
8.965
Exptndlture on:
Charitable actlvltles
3,331
3.340
3,331
3,340
other
T•tal
6,671
6,671
Net lThcome
2,294
2,294
N•t Intome b•for• other
8alnsllloss•sl
Other £•lns and losses:
Net movement In lunds
2,294
2.294
2,294
2,294
Recon¢lll•tlon of fvrbds:
Total funds brou8ht forward
T¢)tal funds Carrled forwa
1,425
3,719
1,425
3,719
4 Income from donatI(y￿ *nd14a¢i•s
Unrestrlrted
Totsl
Total
2022
2023
Donation5
59
59
59
102
59
102
5 Income from tharltsble adl¥liles
Tot*1
Total
2022
2023
Projects and Events
Training
1.714
25.708
27,422
1.714
25.708
27,422
1,40S
7,458
8,863
Page 10

The Wheel Trninin8 Compny
Notes to the Accounts
E¥pendlture on tharftsble •cli¥rbes
Unrestrlcted
Totsl
ZOZ3
Total
2022
Expendlture on chorltoble
artiwties
ProJerts and Events
Govemonce costs
16.682
16,682
3,331
16,682
16,682
3,331
7 Other expendilwe
Total
20Z3
Total
2022
Motor and travel costs
23
Premlses costs
Amortisation, depreciation,
Impairment, profivloss on
disposal of fixed assets
General administrative costs
1,760
91
1,168
894
1,168
746
Le8al and professional costs
720
7.494
7,494
3,340
8 fiet Income belorn trnnsfers
2022
Thls 5$ stated after charglng-
Depreclatlon of owned fixed assets
9 T•n8lble Ilxed assets
91
Flmlures,
tlttin8s arld
eqylpment
Totsl
Cost or revalu•tk
At 15eptember 2022
At 31 August 2023
Depretiatit)n and
Impalrment
At I September 2022
At 31 August 2023
Net book values
275
275
275
275
275
275
275
275
At 31 August 2023
At 31 Au8U5t 2022
Page 11

The Wheel TraInI￿ Company
Notes to the A¢¢wnts
10 Oebtors
2022
Trade debtors
3.960
3.960
11 Credltors:
amounts fallin8 due within one year
2023
2022
Trade creditors
Loans from trustees
Accruals
221
221
479
2,701
700
12 Movement In funds
Incomkni
At31
August
2023
{Indudkni
Resourcei
Atl
other expended
Pt￿nber plnsl1055
2022
Re5trfrted lund5:
Unrestrlcted funds:
Gener•1 lunds
3,719
27,481
124,1761
7,024
Total lunds
13 Analysts of not a$s¢ts b¢twe¢n fvnds
3,719
27,481
124.1761
7,024
Unrestrlrted
fund$
Totsl
Net Cu￿nI assets
7.024
7.024
7,024
7,024
14 Recondllatlon of net debt
At31
September
2022 Cash fknvs
August
2023
Cash and cash equivalents
4.419
4.419
5,765
5,765
Net debt
4.419
5.765
Pa8e 12

The Wheel Tralnlng Company
Note5 to the Accounts
15 Relatsd party dtsclosures
Controlllnq party
The company is a private company Ilmtted by guardntee and consequendy ha5 no share capital therefore
the Directorsifrustees join￿Y have ultimate control overthe company.
Page 13

The Wheel Tralnlng Company
Delalled stateme￿ of Anandal Actlylties
for the year ended 31 Au8Urt 2023
Unrestrirted
funds Totsl funds Totsl funds
2023
2022
Incomè •nd endowments Irom:
Donations and le8acie5
Donatlons
59
59
59
102
102
59
Charltable actfvltles
Projects and Events
Tralnlng
1.714
25,708
27,422
1,714
25,708
27.422
1,405
7,458
8,863
Total Income and endownwnts
27.481
27,481
8,965
Expendlture on:
Charitable activitles
Projects and Events
16,682
16,682
16,682
16,682
3,331
3,331
Totsl ol expendhur• M ¢h•rlt•bl•
•ctMtles
16.682
16,682
3,331
Motor and travel costs
Travel and sub515tence
892
892
23
23
892
892
Premlses costs
Rent
4.540
4.540
1,760
1,760
General administrative costs,
Including depreciètion and
amortlsatlon
Depredation of Fixtures. fitti
nd equipment
Bank charges
General insurances
Postage and couriers
Software, IT sUPPOrt and related
costs
Stationery and printing
Subscriptions
91
61
221
61
221
221
23
366
281
341
341
179
179
173
837
1,168
1,168
LeBal and profes5ion31 costs
Audlvlndependent examlnatlon
fee5
Accountancy and bookkeeping
Other legal and professional
CQSts
120
450
414
414
150
Page 14

The Wheel Tralnln8 Company
Detalled Statemenl of Flnandal Acll¥ftles
894
720
Total of expendlture ot other costs
Total expenditurn
Net gains on Investments
7,494
7.494
3.340
24.176
24.176
6,671
Net Inwme
3.305
3.305
2,294
Net 5ncome before other
Inslllossesl
Other Galns
3,305
3,305
2.294
Net M￿1•m•￿ In lunds
3.305
3,305
2,294
Reconclllatlon of funds:
Total funds brought forward
3.719
3.719
1,425
Tot•1 fvnds uffl¢d fomrd
7,024
7,024
3,719
Page 15