Overdrive Educaton Charity No 1191330
Trustee’s Annual Report for the year ended 31[st] March 2025
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.
We had a small amount of charitable activity this year which resulted in a £60 gain. The change in government has been challenging with increases to everyday expenditure, and charitable grants being swallowed up by larger organisations.
Paul Barker
Chair -Overdrive Education
17/12/2025
Overdrive Education
Charity numder : 1191330
Statement of Financial Activities Including Financial Activities For the period ended 31 March 2025
| Statement of Financial Activities Including Financial Activities For the period ended 31 March 2025 |
|
|---|---|
| Income Donatons, Grants and Legacies Income from Charitable Actvites Income from Other Trading Actvites Investment Income Total Income Expenditure Charitable Actvites Costs of Raising Funds Total Expenditure- Net Incoming Resources before Transfers - Transfer between Funds Net Incoming Resources before other recognized Gains and Losses Gain/(Loss) on sale of assets Bad Debts Writen Of Net Movement in Funds Funds Brought forward at 31 March 2024 Total Funds Carried Forward 31 March 2025 Statement of Financial Activities Balance Sheet As at 31 March 2022 Fixed Assets Tangible Assets Current Assets Debtors Cash at bank and in hand Total Current Assets Creditors:Amounts falling due within one year Net Current Assets/(Liabilites) |
Unrestricted Restricted Total 2022 Funds Funds Funds - 60.00 60.00- - - |
| 60.00 60.00 - - - |
|
| - - - - - - |
|
| 0.00 0.00 - - |
|
| 60.00 - 60.00 0.00 0.00 |
|
| 60.00 60.00- 0.00 0.00 0.00 0.00 |
|
| 0.00 0.00 |
|
| 0.00 0.00 60.00 60.00 Unrestricted Restricted Total 2022 Funds Funds Funds - - - - - - |
|
| - - - |
|
| - - - - |
|
| - - - |
|
| - - - |
|
| - |