| Page | ||
|---|---|---|
| Reportofthe Trustees | to | 5 |
| Reportorthe Independent Auditors | 6to | 8 |
| Consolidated StatementofFinancial Activities | 9 | |
| Consolidated Balance Sheet | 10to | II |
| Company Balance Sheet | 12to | 13 |
| Cash Flow Statement | 14 | |
| Notes to the Cash Flow Statement | 15 | |
| Notes to the Financial Statements | 16to | 32 |
29/01/2025
| Notes INCOMEANDENDOWMENTSFROM Donationsandlegacies 2 Charitable activities 4 Assistingthosewithimpairedmobility Investmentincome 3 Total EXPENDITUREON Charitable activities 5 Assisting thosewithimpairedmobility NETINCOME Transfers between funds 17 Net movementinfunds RECONCILIATIONOFFUNDS Total funds brought forward TOTALFUNDSCARRIEDFORWARD |
Unrestricted funds £ 403,041 40,131 443,172 282,30 I 160,871 246,395 407,266 1,233,288 1,640,554 |
Restricted funds £ 2,536,721 2,536,721 935,867 1,600,854 (246,395) 1,354,459 891, 138 2,245,597 |
2024 Total funds £ 2,939,762 40,131 2,979,893 1,218,168 1,76 1,725 1,761,725 2,124,426 3,886,151 |
2023 Total funds £ 1,563. 199 13.139 1,576,338 1,270,513 305,825 305,825 1.818,601 2,124,426 |
|---|---|---|---|---|
| Notes FIXEDASSETS Tangible assets 13 Investments 14 CURRENTASSETS Debtors 15 Cash at bank CREDITORS Amountsfallingduewithinoneyear 16 NETCURRENTASSETS TOTALASSETSLESSCURRENT LIABILITIES NETASSETS FUNDS 17 Unrestrictedfunds: General fund Development reserve Fixedassetreserve Scotland Licencing Restrictedfunds TOTALFUNDS |
Unrestricted funds £ 1,397,793 1,397,793 55,489 259,640 315,129 (72,368) 242,761 1,640,554 1,640,554 |
Restricted funds £ 2,777.345 2,777,345 (531 ,748) 2.245,597 2,245,597 2,245.597 |
2024 Total funds £ 1,397,793 1,397,793 55,489 3,036.985 3,092,474 (604,116) 2,488.358 3,886,151 3,886, 151 100,000 64,260 1,397,893 60,363 18.038 |
2023 Total funds £ 1,027,887 1,027,887 51.332 3.092,691 3, 114,023 (2,047.484) 1.096,539 2,124,426 2,124,426 |
|||
|---|---|---|---|---|---|---|---|
| 100,000 74,851 1,027,987 17,463 12,987 |
|||||||
| 1,640,554 2,245,597 3,886,151 |
1,233,288 891 ,138 2,124,426 |
| Notes FIXEDASSETS Tangible assets 13 Investments 14 CURRENTASSETS Debtors 15 Cash at bank CREDITORS Amounts fallingduewithinoneyear 16 NETCURRENTASSETS TOTALASSETSLESSCURRENT LIABILITIES NETASSETS FUNDS 17 Unrestrictedfunds: General fund DevelopmentreselVe Fixedassetreserve Scotland Licencing Restrictedfunds TOTALFUNDS |
Unrestricted funds £ 1,397,793 100 1,397,893 57,654 237,920 295,574 (52,913) 242.661 1,640,554 1,640.554 |
Restricted funds £ 2.777,345 2,777,345 (531,748) 2,245,597 2.245,597 2.245,597 |
2024 Total funds £ 1,397,793 100 1,397,893 57,654 3,015.265 3,072.919 (584,661) 2,488,258 3,886,151 3,886,151 |
2023 Total funds £ 1,027,887 100 1,027,987 44,367 3.070,2 12 3, 114.579 (2.018, 140) 1,096,439 2,124,426 2,124,426 100,000 74,851 1,027,987 17,463 12,987 1,233,288 891,138 2,124,426 |
||
|---|---|---|---|---|---|---|
| 100,000 64,260 1,397,893 60,363 18,038 |
||||||
| 1,640,554 2,245,597 3,886,151 |
| Cash flows from operating activities Cashgeneratedfromoperations Netcashprovidedbyoperatingactivities Cash flows from investing activities Purchaseoftangiblefixedassets Saleoftangiblefixedassets Interestreceived Notes Netcash(usedin)/providedbyinvesting activities Change in cash and cash equivalentsin the reporting period Cash and cash equivalents at the beginningofthe reporting period 2 Cash and cash equivalents at the endof Ihereportingperiod 2 2024 £ 164,766 164,766 (551,375) 290,772 40,131 (220,472) (55,706) 3,092,691 3,036,985 |
2023 £ 596,862 596,862 (331,279) 329,910 13,139 11,770 608,632 2,484,059 3,092,691 |
|---|---|
| Net income for the reporting period (as per the StatementofFinancial Activities) Adjustments for: Depreciation charges Profit on disposalaffixed assets Interestreceived (Increase)/decreaseindebtors (Decrease)/increaseincreditors Net cash provided by operations 2. ANALYSISOFCASH AND CASH EQUIVALENTS Cashatbank Totalcashandcashequivalents 2024 £ 1.761.725 7,522 (116,825) (40,131) (3,936) ( 1.443,589) 164,766 2024 £ 3,036,985 3,036,985 |
2023 £ 305,825 7,523 (169,726) (13,139) 1,030 465.349 596,862 2023 £ 3,092,691 3,092,691 |
|---|---|
| Net cash Cash at bank Total |
At_1/4/23_ £ 3,092,691 |
Cash flow £ (55,706) (55,706) At_31 13124_ £ 3,036,985 3,036,985 |
|
|---|---|---|---|
| 3,092,691 |
| 2. | DONATIONS ANDLEGACIES | ||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Donations | |||
| 3. | INVESTMENTINCOME | ||
| 2024 | 2023 | ||
| £ | £ | ||
| Deposit account interest | .!2..!l!. | ...!.1..!22 |
| Activity Subscriptions Grants Centres Assisting thosewithimpairedmobility Assisting thosewithimpairedmobility Assisting thosewithimpairedmobility Grantsreceived, includedintheabove,areasfollows: DepartmentforTransport Motability Operations |
2024 £ 7,646 2,779,825 152,291 2,939,762 2024 £ 2,761 ,075 18,750 2023 £ 40,450 1,351,627 171,122 1,563,199 2023 £ 1,290,377 61,250 |
|---|---|
| 2,779,825 1,351,627 |
| 6. Grant fundingof Direct activities Costs (see (see note note 6) 7) £ £ Assistingthosewithimpairedmobility 880,102 183,425 DIRECTCOSTSOFCHARITABLEACTIVITIES Educationandtraining Exhibitionsandshows Advertisingandmarketing Research Accreditation North East London Chester Assessment New business system project High-tech vehicles project HUBS Associatetutorcosts Poweredwheelchairandmobility scooterproject Specialism Education Support Shopmobility Aviation Trainingvideo DAG Scotland Pracdriva Licencing Theory Test Support Depreciation Surplus onsaleofassets |
Grant fundingof Direct activities Costs (see (see note note 6) 7) £ £ 880,102 183,425 |
Support costs (see note8) £ 154,641 Totals £ 1,218,168 |
|---|---|---|
| 2024 £ 69,431 15,277 34,681 5,120 7,099 2,703 109,102 (6,532) 2,923 443,721 109,210 43,116 26,261 5,910 14,792 4,548 93,193 8,850 7,522 (116,825) 2023 £ 97,193 9,589 35,894 2,184 12,647 100,431 71,154 15,592 5,770 382,590 103,047 144,622 7,400 (1,386) 3,600 4,339 13,405 9,002 13,673 97,482 7,522 (169,726) |
||
| 880,102 966,024 |
| Assistingthosewithimpairedmobility Thetotalgrantspaidtoinstitutionsduring theyearwasasfollows: Cornwall Mobility Centre Derby DrivAbility Driving and Mobility Centre (WestofEngland) CIC QEF Mobility Services RegionalDriving AssessmentCentre Chester Driveability South East DriveAbility North East Drive Mobility North WestDriving AssessmentService **Other grants ** |
2024 £ 184,073 2023 £ 148,805 |
|---|---|
| 2024 £ 25,689 11,507 6,302 66,452 21,693 15,649 2,830 (6,286) 20,882 18,707 2023 £ 18,963 17,694 1, 139 44,677 1,409 (1 1,234) 22.822 53,335 |
|
| 183,425 148,805 |
| Governance | |||
|---|---|---|---|
| Management | costs | Totals | |
| £ | £ | £ | |
| Assistingthosewithimpairedmobility | 112,113 | 42,528 | 154,641 |
| Management | ||
|---|---|---|
| 2024 | 2023 | |
| Assisting | ||
| those | ||
| with | ||
| impaired | Total | |
| mobility | activities | |
| £ | £ | |
| Wages | 83,618 | 92,372 |
| Social security | 4,580 | 7,743 |
| Pensions | 3,379 | 2,70 1 |
| Insurance | 6,465 | 2,736 |
| Officecosts | 10,329 | 10,435 |
| Travel | 1,637 | 4,279 |
| Motorcosts | 3,850 | 4,309 |
| Working group | 2,000 | |
| Memberservices | (1,745) | 1,745 |
| 112,113 | 128,320 |
| SUPPORTCOSTS- continued Governancecosts |
||
|---|---|---|
| 2024 | 2023 | |
| Assisting | ||
| those | ||
| with | ||
| impaired | Total | |
| mobility | activities | |
| £ | £ | |
| Accountancy, payroll and book keeping | 16,753 | 7,767 |
| Legal and professional fees | 2,010 | 2.484 |
| Boardexpenses | 23,765 | ~ |
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Depreciation.owned assets | 7,522 | 7,523 |
| Surplus ondisposaloffixed assets | (116,825) | (169,726) |
| Auditor's remuneration - audit of the financial statements | 8,860 | 4.780 |
| STAFFCOSTS | |
|---|---|
| Wages and salaries Social security costs Other pension costs 2024 £ 229,048 21,070 5,568 225,686 |
2023 £ 201,266 4,580 3,379 |
| 218,405 |
| 2024 | 2023 | |
|---|---|---|
| Management | I | I |
| Other | 8 | 8 |
| 9 | 9 | |
| = |
| 2024 | 2023 | |||
|---|---|---|---|---|
| £60,00 | I - | £70,000 | I |
| Unrestricted funds £ INCOMEANDENDOWMENTSFROM Donationsandlegacies Charitable activities Assisting those with impaired mobility 479,622 Investment income 13,139 Total 492,761 EXPENDITUREON Charitable activities Assisting those with impaired mobility 257,472 NETINCOME 235,289 Transfers between funds (20,719) Net movementinfunds 214,570 RECONCILIATIONOFFUNDS Total funds brought forward 1,018,718 TOTALFUNDSCARRIEDFORWARD 1,233,288 |
Restricted funds £ 1,083,577 1,083,577 1,013,041 70,536 20,719 91,255 799,883 891,138 |
Total funds £ 1,563,199 13,139 |
|---|---|---|
| 1,576,338 | ||
| 1,270,513 | ||
| 305,825 | ||
| 305,825 1,818,601 2.124,426 |
| COST AtI April 2023 Additions Disposals At31March 2024 DEPRECIATION AtI April 2023 Charge for year Eliminated on disposal At 3 1 March 2024 NETBOOKVALUE At31 March 2024 At31March 2023 |
Fixtures and fittings £ 11,268 11 ,268 11,268 11 ,268 |
Motor vehicles £ 1,498,365 551,375 (243.121 ) |
Totals £ 1,509,633 551,375 (243,121) |
|---|---|---|---|
| 1,806,619 470,478 7,522 (69,174) 408,826 1,397,793 |
1,817,887 481,746 7,522 (69,174) 420,094 1,397,793 |
||
| 1,027,887 | 1,027,887 |
| FIXEDASSETINVESTMENTS- COMPANYONLY | |
|---|---|
| Shares in | |
| group | |
| undertakings | |
| £ | |
| MARKETVALUE | |
| At IApril 2023 and31March 2024 | 100 |
| NETBOOKVALUE | |
| At 3 1 March 2024 | 100 |
| = | |
| At31March 2023 | 100 |
| = |
| % | |||||
|---|---|---|---|---|---|
| Classofshare: | holding | ||||
| Ordinary | 100 | ||||
| 2024 | 2023 | ||||
| £ | £ | ||||
| Aggregate capital and reserves | 100 | 100 |
| Turnover CostofSales Administrative expenses Other operating income Interest receivable Net profit / (loss) Donation to Driving Mobility |
2024 2023 £ £ (730) 648 82 (745) 50,000 46 49,301 (49,301) |
|---|---|
| Trade debtors Amounts owedbygroup undertakings Social security and other tax Prepayments and accrued income |
2024 Group £ 22,647 32,842 55,489 |
2024 Charity £ 22,647 2,387 32,620 57,654 |
2023 Group £ 47,795 3.537 51,332 |
2023 Charity £ 37,795 3,035 3.537 |
|---|---|---|---|---|
| 44,367 |
| Trade creditors Social security and other taxes Accruals and deferred income |
2024 Group £ 37,468 526 566,122 604.116 |
2024 Charity £ 29,548 526 554,587 584,661 |
2023 Group £ 78,585 7,138 1.961,761 2,047,484 2023 Charity £ 58,545 1.959.596 2,018,141 |
|---|---|---|---|
| Unrestricted funds Generalfund Development reserve Fixedasset reserve Scotland Licencing Restricted funds CentresFund Motability Chester Mobility Centre NewBusiness Systemfund Pracdriva DFTTrainingandDevelopmentfund Portare Handbook fund Fleet Vehicles fund AssociateTutors- Education North East London Boot scooters Aviation Trainingvideo Hubs Educationsupport Powered Wheelchair and Mobility Scooter project Shopmobility Driving Assessment Grant Growth fund Theory Test Support WessexOutreach Bristol Relocation Cycling Assessments Cornwall Relcation Chester relocation Semi Auto Vehicle Training SED FerndownOutreach Chandlers Ford TOTALFUNDS |
Net movement At114123 infunds £ £ 100,000 51,311 74,851 1,027,987 109,302 17,463 (2,792) 12,987 3,050 |
Transfers between funds £ (51,311) (10,591) 260,604 45,692 2,001 |
At 31/3/24 £ 100,000 64,260 1,397,893 60,363 18,038 1,640,554 1,447,684 6,660 28,308 4,523 10,680 11,686 (1,320) 93,083 109,721 9,939 (5,I02) 134,643 3,623 170,486 8,539 13,003 1,592 91,150 13,266 50,000 8,673 24,813 9,947 2,245,597 3,886,151 |
|
|---|---|---|---|---|
| 1,233,288 160,871 174,458 1,478,781 1,394 5,266 2,547 25,761 41 3,482 6,227 (4,547) 60,129 62,669 (1,320) 96,006 (2,923) 50,665 59,056 2,703 (2,703) 10,541 36,200 (26,261) (5,I02) 123,364 56,279 3,623 183,602 (13,116) 4,159 (40,620) 18,913 (5,910) 6,175 (4,583) 91,150 29,515 50,000 9,000 22,958 (22,958) 14,340 (5,667) (6,302) (55,000) 891 ,138 1,600,854 2,124,426 1,761,725 |
246,395 (205,555) 1,000 9,000 (111,112) (10,541) (45,000) 45,000 ( 16,249) (9,000) 24,813 16,249 55,000 (246,395 ) |
| Net movementinfunds, includedintheabove3reasfollows: | ||
|---|---|---|
| Unrestricted funds Generalfund Fixedassetreserve Scotland Licencing Restricted funds CentresFund Motability Chester Mobility Centre NewBusiness System fund Pracdriva OFTTrainingandDevelopmentfund Fleet Vehicles fund AssociateTutors- Education North East London Aviation Hubs PoweredWheelchairandMobility Scooter project Shopmobility Driving AssessmentGrant Growth fund Theory Test Support Cycling Assessments CornwallRelcation Chesterrelocation Ferndown Outreach Chandlers Ford TOTALFUNDS |
Incoming Resources resources expended £ £ 337,979 (286,668) 109,302 12,000 (14,792) 93,193 (90,143) |
Movement infunds £ 51,311 109,302 (2,792) 3,050 |
| 443,172 (282,30 I) 1,530,350 (51 ,569) 18,750 ( 13,484) 134,863 (109,102) 3,482 (4,547) 86,112 (23,443) (2,923) 120,000 (60,944) (2,703) (26,261 ) 500,000 (443,721) 30,000 (43,116) 7,646 (48,266) (5,910) (4,583) 100,000 (8,850) 9,000 (22,958) (5,667) (6,302) (55,000) 2,536,721 (935,867) 2,979,893 (1,218,168) |
160,871 1,478,781 5,266 25,761 3,482 (4,547) 62,669 (2,923) 59,056 (2,703) (26,261 ) 56,279 (13,116) (40,620) (5,910) (4,583) 91,150 9,000 (22,958) (5,667) (6,302) (55,000) 1,600,854 1,761,725 |
| Comparatives for movementinfunds | |||||
|---|---|---|---|---|---|
| Unrestricted funds General fund Development reserve Fixed asset reserve Scotland Licencing Restricted funds Centres Fund Motability Chester Mobility Centre NewBusiness System fund Pracdriva DFT Training and Development fund Portare Handbook fund High Tech Vehicle fund Get Going Live Associate Tutors - Education North East London Boot scooters TRYB4UFLY Training video Hubs Education support Powered \Vheelchair and Mobility Scooter project Shopmobility Driving Assessment Grant Growth fund \Vessex Outreach Bristol Relocation CornwallRelcation Chester relocation TOTALFUNDS |
At 1/4/22 £ 100.000 40,054 864,415 12,115 2,134 |
Net movement infunds £ 71,234 162,204 (9,002) 10,853 |
Transfers between funds £ (71,234) 34,797 1,368 14,350 |
At 31/3/23 £ 100,000 74,851 1,027,987 17,463 12,987 1,233,288 174,458 1,394 2,547 41 6,227 60,129 (1,320) 96,006 50,665 2,703 10,541 36,200 (5, I02) 123,364 3,623 183,602 4,159 18,913 6,175 29,515 50,000 22,958 14,340 891,138 2,124,426 |
|
| 1,018,718 175,807 1,623 (2,054) (5,086) 60,127 (1,320) 101,776 7,885 41,905 103,134 10,541 39,800 (763) 35,954 11,023 138,224 8,631 32,318 40,358 799,883 1,818,601 |
235,289 (1,349) (229) 4,601 (15,592) 6,227 2 (5,770) (7,885) 8,760 (100,431) (3,600) (4,339) 117,410 (7,400) 45,378 (34,472) (13,405) (34,183) 29,515 50,000 22.958 14,340 70,536 305,825 |
(20,719) 20,719 (30,000) 30,000 20,719 |
| Unrestricted funds Generalfund Fixedassetreserve Scotland Licencing Restricted funds CentresFund Motability Chester Mobility Centre New Business Systemfund Pracdriva OFT Training and Development fund High Tech Vehicle fund Get Going Live AssociateTutors- Education North East London TRYB4UFLY Trainingvideo Hubs Educationsupport PoweredWheelchairandMobility Scooter project Shopmobility DrivingAssessmentGrant Growth fund WessexOutreach BristolRelocation CornwallRelcation Chesterrelocation TOTALFUNDS |
Incoming Resources Movement resources expended infunds £ £ £ 384,426 (313,192) 71 ,234 162,204 162,204 (9,002) (9,002) 108,335 (97,482) 10,853 492,761 (257,472) 235,289 39,685 (41,034) (1,349) 11,250 (11,479) (229) 75,755 (71,154) 4,601 (15,592) (15,592) 19,900 (13,673) 6,227 2 2 (5,770) (5,770) (7,885) (7,885) 63.999 (55,239) 8,760 (100.431 ) (100,431) (3,600) (3,600) (4,339) (4,339) 500,000 (382,590) 117,410 (7,400) (7,400) 190,000 (144,622) 45,378 11,950 (46,422) (34,472) (13,405) (13,405) (34,183) (34,183) 29,515 29,515 50,000 50,000 41,921 (18,963) 22,958 49,601 (35,261 ) 14,340 1,083,577 (1,013,041) 70,536 1,576,338 (1,270,513) 305,825 |
|---|---|
| Unrestricted funds General fund Development reserve Fixed asset reserve Scotland Licencing Restricted funds Centres Fund Motability Chester Mobility Centre NewBusiness Systemfund Pracdriva DFT Training and Development fund Portare Handbook fund Fleet Vehicles fund GetGoing Live AssociateTutors- Education North East London Boot scooters Aviation Trainingvideo Hubs Educationsupport Powered Wheelchair and Mobility Scooter project Shopmobility Driving AssessmentGrant Growth fund Theory Test Support WessexOutreach Bristol Relocation Cycling Assessments Chester relocation Semi Auto Vehicle Training SED F emdownOutreach Chandlers Ford TOTALFUNDS |
At 1/4/22 £ 100,000 40,054 864,415 12,115 2,134 1,018,718 175,807 1,623 (2,054) (5,086) 60,127 (1,320) 101,776 7,885 41,905 103,134 10,541 39,800 (763) 35,954 11,023 138,224 8,631 32,318 40,358 799,883 1,818,601 |
Net Transfers movement between At infunds funds 3 1/3/24 £ £ £ 122,546 (122,546) 100,000 24,206 64,260 271,506 261,972 1,397,893 (11,794) 60,042 60,363 13,903 2,001 18,038 396,161 225,675 1,640,554 1,477,432 (205,555) 1,447,684 5,037 6,660 30,362 28,308 (12,III) 21,720 4,523 1,680 9,000 10,680 62,671 ( 111,112) 11,686 (1,320) (8,693) 93,083 (7,885) 67,816 109,721 (103,134) (10,541) (29,861) 9,939 (4,339) (5,102) 173,689 (75,000) 134,643 (7,400) 3,623 32,262 170,486 (75,092) 75,000 8,539 (19,315) 13,003 (38,766) 1,592 91,150 91,150 29,515 (16,249) 13,266 50,000 50,000 9,000 (9,000) 8,673 8,673 24,813 24,813 (6,302) 16,249 9,947 (55,000) 55,000 1,671,389 (225,675) 2,245,597 2,067,550 3,886,151 |
|---|---|---|
| Unrestricted funds General fund Fixed assetreseIVe Scotland Licencing Restricted funds Centres Fund Motability Chester Mobility Centre NewBusinessSystemfund Pracdriva OFTTrainingandDevelopmentfund FleetVehiclesfund GetGoingLive AssociateTutors - Education North EastLondon Aviation Training video Hubs Education support PoweredWheelchairandMobilityScooter project Shopmobility DrivingAssessmentGrant Growthfund TheoryTestSupport WessexOutreach Bristol Relocation CyclingAssessments Cornwall Re1cation Chesterrelocation FerndownOutreach Chandlers Ford TOTALFUNDS |
Incoming Resources Movement resources expended infunds £ £ £ 722,406 (599,860) 122,546 271,506 271,506 12,000 (23,794) (11,794) 20 I ,528 (187,625) 13,903 935,934 (539,773) 396,161 1,570,035 (92,603) 1,477,432 30,000 (24,963) 5,037 210,618 (180,256) 30,362 (12,III) (12,III) 19,900 (18,220) 1,680 86,112 (23,441) 62,671 (8,693) (8,693) (7,885) (7,885) 183,999 (116,183) 67,816 (103,134) (103,134) (29,861) (29,861 ) (4,339) (4,339) 1,000,000 (826,311) 173,689 (7,400) (7,400) 220,000 (187,738) 32,262 19,596 (94,688) (75,092) (19,315) (19,315) (38,766) (38,766) 100,000 (8,850) 91,150 29,515 29,515 50,000 50,000 9,000 9,000 41.921 (41,921) 49,601 (40,928) 8,673 (6,302) (6,302) (55,000) (55,000) 3,620,297 (1,948,908) 1,671,389 4,556,231 (2,488,681) 2,067,550 |
|---|---|