## **Overdrive Education Charity No**
## **Trustee’s Annual Report for the year ended 31[st] March 2024**
The Charity was created with the aim of education and training for young people in the progression towards or gaining vocational qualifications to prepare, assist or enable them to be employed or engaged in a career connected to the motor vehicle repair industry or road transport industry.
The continuation of the fall out from the cost of living crisis meant that no activity was possible in the reporting period. Activity since the end of 2023 has been similar in that the cost of living crisis has prevented the organisation from carrying out it’s charitable aims.
Paul Barker
Chair -
Overdrive
Education
## **Overdrive Charity numder :**
## **Statement of Financial Activities Including Financial Activities For the period ended 31 March 2024**
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Unrestricted
Restricted Total
2024
Income Fund Fund Funds
s s
Donations, Grants and -
-
Legacies Income from
Charitable Activities Income -
from Other Trading Activities -
Investment Income
Total Income - - -
Expenditure
Charitable Activities -
- - -
Costs of Raising
Funds -
-
Total Expenditure - - -
- -
Net Incoming Resources before Transfers
- Transfer between Funds
Net Incoming Resources before other recognised - -
- Gains and Losses
Gain/(Loss) on sale of assets
Bad Debts Written Of -
Net Movement in Funds - - -
- -
Funds Brought forward at 31 March 2023
- Total Funds
Carried Forward 31 March 2024 - -
-
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**Statement of Financial Activities Balance Sheet As at 31 March 2024**
**Unrestricted Restricted Total 2023 Fixed Assets Funds Funds Funds** - - Tangible Assets **Current Assets** Debtors - - Cash at bank and in hand - - Total Current Assets - - - **Creditors:Amounts falling due within one year** - - -
Overdrive
Net Current Assetsl(Liabilities)
Charity numder .