REGISTERED COMPANY NUMBER: 01638939 (England and Wales) 

REGISTERED CHARITY NUMBER: 513001 

## Report of the Trustees and 

# Financial Statements for the Year Ended 31 March 2025 

## for 

William Merritt Disabled Living Centre (A Company Limited by Guarantee) 

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+x ( 4y of<br>FORD CAMPBELL FR<br>**----- End of picture text -----**<br>


## William Merritt Disabled Living Centre 

## Contents of the Financial Statements for the Year Ended 31 March 2025 

||Page|
|---|---|
|Report ofthe Trustees|1|
|Report ofthe IndependentAuditors|5|
|Statement of Financial Activities|8|
|Balance Sheet|9|
|Cash Flow Statement|10|
|Notes to the Cash Flow Statement|11|
|NotestotheFinancialStatements|12|



## William Merritt Disabled Living Centre (Registered number: 01638939) 

## Report of the Trustees for the Year Ended 31 March 2025 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## OBJECTIVES AND ACTIVITIES 

Objectives and activites 

The company has set the following objectives for the charity: 

1. To act as an independent centre which provides information and advice on equipment for disabled people, carers and the professionals who work with them. 

2. To provide an information service on how and where to get equipment. 

3. To offer advice and guidance from trained staff who can demonstrate a wide range of equipment for daily living. 

4. To organise education and training of the practical aspects of living with a disability. 

The Centre incorporates the Leeds Mobility Centre providing a full assessment by therapists and Advanced Driving Instructors of the driving capability of those people physically or otherwise impaired. In recent years, much work has been done in harnessing new technology to allow a whole range of electronic switches to be added to conventional equipment, games and toys to enable them to be used by disabled children in their everyday environment. 

## STRATEGIC REPORT 

## Achievements and performance 

## Strategic report 

The following sections for achievements and performance and financial review form the strategic report of the charity. 

## Achievements and performance 

The financial year has seen some changes in the day-to-day operation of the Centre’s activities. New arrangements were introduced by way of section leads to alleviate line management pressure. The aim is to gradually increase staffing resources as funding allows to cope with the growth in the activities across the Centre. During the year, all targets were achieved for the various activities despite some staffing issues encountered through the year with sickness. A particularly welcome development was the receipt from Driving Mobility of an award for being voted the best Centre in the country as voted for by the other Centres. 

Progress in performance and outcomes is generally measured by the production of quarterly Key Performance Indicators by the General Business Manager which are reviewed by the trustees in board meetings. Going forward, we shall continue with the development of the Mobility Service in the outreach offices in Sheffield and York, with the intention of adding further outreach sites in Doncaster and Scarborough during the coming year. Also showing good growth through the year has been the second ShopMobility unit in the White Rose Centre which has_ significantly overtaken the performance of the Merrion Centre unit which has been established for a number of years. Funding for the Merrion Centre unit has now ended resulting in its closure. 

The Centre continued to be supported by a number of volunteers across a range of activities. In general terms, the Centre's fundamental principles remain the same and much of the work carried out by its staff by way of assessment and provision of advice and information is free of charge to the recipient. This highlights, and is evidence of, the considerable public benefit derived from the Centre. 

Page 1 

## William Merritt Disabled Living Centre (Registered number: 01638939) Report of the Trustees for the Year Ended 31 March 2025 

## STRATEGIC REPORT 

## Financial review 

## Financial position 

Income- in addition to the revenue grants from our local funding bodies, NHS Leeds and Leeds City Council, a significant source of the Centre's income is derived from the activities of the Mobility Service. In addition to a grant from the Department of Transport of £ 762,040, assessment fees income totalled £149,903. Expenditure - staff costs of £823,375 continued to be the main item of expenditure. Other costs were spread across the renting and maintenance of Aire House and the outlets in Sheffield and York. Additional costs were involved in the administration of the centre's activities and the financial support required for the Mobility Service and the provision of the courses run from the Centre. 

There was an overall operating surplus of £70,529 for the year which is a welcome addition to the Centre's reserves. The Centre remains in a strong financial position enabling it to continue to operate and serve the community, helped by the continued support from our funding bodies WYICB, LCC and Dft. 

The Centre's remuneration policy is aimed at endeavouring to maintain parity with similar organisations by providing annual salary increments within affordable levels and better pension provision than the legal requirements under current government guidelines. 

The Centre has been left a legacy, but at this stage the Trustees can not reliably calculate the amount receivable and as such it has not been included within these accounts. 

## Reserves policy 

The trustees have examined the charity's requirements for reserves in the light of the main risks to the organisation. It has established a policy whereby the unrestricted funds held should be a minimum of six months staff costs based on the budgeted expenditure for the following year. The figure for staff costs for 2025/26 is expected to be in the region of £900,000. This policy will provide time for the trustees to source new forms of income or reduce costs should there be a significant and unexpected reduction in part of the core funding. 

## Results 

The directors/trustees are only permitted to use the charity's assets solely towards the promotion of the objectives of the charity. 

## Future plans 

The aims of the Centre will focus around the core work involving the provision of information and advice on equipment and services available to disabled people. The trustees will continue to look at ways of strengthening the return from the core business activities and also seeking alternative sources of income, with the aim of adding to the reserves to ensure the long-term continuity of the Centre. A new initiative has been agreed with the Department of Transport with funding of £30K pa over three years. The objective is to identify a range of services to increase client independence and reduce isolation and loneliness for older and disabled people, particularly for those who are advised against driving. The project is almost through its third year and we are looking forward to a report on progress made. 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

Governing document The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. 

The organisation is a charitable company limited by guarantee, incorporated on 28 May 1982 and registered as a charity on 20 August 1982. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. 

## Recruitment and appointment of new trustees 

The directors of the company are also charity trustees for the purpose of charity law and under the company's Articles are known as trustees. Under the requirements of the Memorandum and Articles of Association all of the trustees are required to retire at each annual general meeting and offer themselves for re-election. All policy, strategic and financial decisions are made by the trustees. Day-to-day management of the Centre is devolved to the General Business Manager who also has responsibility for the line-management of the staff. The trustees may appoint a person who is willing to act to be a trustee either to fill a vacancy or as an additional trustee. Appointments are made based on the skills, knowledge and experience required to ensure the charity is well governed. New trustees are given an induction pack and spend time with the organisation. Trustees meet monthly and are expected to use their influence in the wider community to further the aims of the Centre. 

Page 2 

## William Merritt Disabled Living Centre (Registered number: 01638939) Report of the Trustees for the Year Ended 31 March 2025 

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management The trustees have conducted a review of the major risks to which the charity is exposed. A risk register has been drawn up and will be updated at least annually. Where appropriate, systems or procedures have been established to mitigate the risks the charity faces. 

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||||||
|---|---|---|---|---|
|REFERENCE|AND|ADMINISTRATIVE|DETAILS|
|Registered|Company|number|
|01638939|(England|and|Wales)|
|Registered|Charity|number|
|513001|
|Registered|office|
|Aire|House|
|100|Town|Street|
|Rodley|
|Leeds|
|LS13|1HP|
|Trustees|
|R|Beverley-Stevenson|
|D|A|Bruce|Treasurer|
|Professor|M|A|Chamberlain|OBE|
|M|M|Faulkner|
|Dr|P|D|Ghosh|
|K|Murray|
|K|Preston|
|N|M|Prior|
|AG|Pugh|
|D|Sutcliffe|
|E|Ward|
|J|Spencer|
|Auditors|
|Ford|Campbell|Freedman|Limited|
|Chartered|accountant &|statutory|auditor|
|2nd|Floor|
|33|Park|Place|
|Leeds|
|LS1|2RY|

**----- End of picture text -----**<br>


## STATEMENT OF TRUSTEES’ RESPONSIBILITIES 

The trustees (who are also the directors of William Merritt Disabled Living Centre for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). 

Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to 

- select suitable accounting policies and then apply them consistently; 

- - observe the methods and principles in the Charities SORP; - make judgements and estimates that are reasonable and prudent; 

- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. 

Page 3 

## William Merritt Disabled Living Centre (Registered number: 01638939) 

Report of the Trustees for the Year Ended 31 March 2025 

## STATEMENT OF TRUSTEES’ RESPONSIBILITIES - continued 

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

In so far as the trustees are aware: 

- there is no relevant audit information of which the charitable company's auditors are unaware; and 

- - the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information. 

## AUDITORS 

The auditors, Ford Campbell Freedman Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting. 

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company 

directors, on DE, NON- DOB eaand signed on the board's behalf by: 

( f \ 

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Page 4 

## Report of the Independent Auditors to the Members of William Merritt Disabled Living Centre 

## Opinion 

We have audited the financial statements of William Merritt Disabled Living Centre (the ‘charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). 

In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. 

## Basis for opinion 

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors’ responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. 

## Conclusions relating to going concern 

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. 

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. 

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. 

## Other information 

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. 

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. 

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing $0, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. 

## Opinions on other matters prescribed by the Companies Act 2006 

- In our opinion, based on the work undertaken in the course of the audit: 

- the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the Report of the Trustees has been prepared in accordance with applicable legal requirements. 

## Matters on which we are required to report by exception 

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. 

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to reportto you if, in our opinion: - adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit. 

Page 5 

Report of the Independent Auditors to the Members of William Merritt Disabled Living Centre 

## Responsibilities of trustees 

As explained more fully in the Statement of Trustees’ Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a materia! misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: 

While planning our audit, we have made enquiries of management and those charged with governance around any actual or potential litigation and claims against the company for non-compliance with specific laws and regulations. The same has been done in respect of any instances of fraud or irregularities. The responses received have been communicated with the engagement team at the planning stage. 

We have not been informed of any specific laws or regulatory related issues that could materially impact the financial statements and in addition to this, there has been no suspected fraud or irregularities reported to us. 

While planning our audit the engagement partner selected appropriately trained staff to be engaged in the audit and the team are allocated based on their competence and capabilities. 

The audit work undertaken is a substantive work based audit approach, reviewing to source documentation where appropriate and includes a review and walkthrough of the systems which management have put in place. These tests are directional. Therefore, they are designed in a way to maximise audit effectiveness and the possible identification of any material fraud, irregularities, or instances of systems and procedure breaches. Our testing did not identify any issues that requires any additional reporting. 

These tests and other areas of our audit work are designed to enhance our ability to detect cases of material fraud and certain irregularities. It should be noted that our audit is carried out using a material based approach and therefore does not test every transaction, as such, it would not detect all instances of irregularities and specifically fraud which is inherently more difficult to detect. 

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors. 

Page 6 

## Report of the Independent Auditors to the Members of William Merritt Disabled Living Centre 

Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors’ report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. t). lL Dale Coleman FCA (Senior Statutory Auditor) for and on behalf of Ford Campbell Freedman Limited Chartered accountant & statutory auditor 2nd Floor 33 Park Place Leeds LS1 2RY 

Date: ADecemhar 2? 2§ 

Page 7 

## William Merritt Disabled Living Centre 

## Statement of Financial Activities 

for the Year Ended 31 March 2025 

|||||2025|2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|£|£|£|£|
|INCOMEAND ENDOWMENTS FROM||||||
|Donations and legacies|3|44,601|-|44,601|16,486|
|Charitable activities|6|||||
|Direct charitable activities||1,219,021|48,544|1,267,565|1,202,489|
|Othertrading activities|4|3,924|-|3,924|-|
|Investment income|5|20,124|-|20,124|13,520|
|Total||1,287,670|48,544|1,336,214|1,232,495|
|EXPENDITURE ON||||||
|Raising funds|7|18,934|264|19,198|14,406|
|Charitable activities|8|||||
|Direct charitable activities||1,181,346|52,973|1,234,319|1,143,626|
|Total||1,200,280|53,237|1,253,517|1,158,032|
|Net gains/(losses) on investments||(12,168)|-|(12,168)|(9,974)|
|NET INCOME/(EXPENDITURE)||75,222|(4,693)|70,529|64,489|
|Transfers between funds|19|(21,664)|21,664|-|-|
|Netmovement in funds||53,558|16,971|70,529|64,489|
|RECONCILIATION OF FUNDS||||||
|Total funds brought forward||641,317|28,043|669,360|604,871|
|TOTALFUNDSCARRIEDFORWARD||694,875|45,014|739,889|669,360|



The notes form part of these financial statements 

Page 8 

## William Merritt Disabled Living Centre (Registered number: 01638939) 

Balance Sheet 31 March 2025 

|||||2025|2024|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||fund|funds|funds|funds|
||Notes|£|£|£|£|
|FIXEDASSETS||||||
|Tangible assets|13|108,732|-|108,732|102,054|
|Investments|14|285,314|-|285,314|297,482|
|||394,046|-|394,046|399,536|
|CURRENT ASSETS||||||
|Debtors|15|44,466|-|44,466|82,380|
|Cash at bank||311,207|45,014|356,221|257 557|
|||355,673|45,014|400,687|339,937|
|CREDITORS||||||
|Amounts falling due within one year|16|(31,467)|-|(31,467)|(46,736)|
|NET CURRENTASSETS||324,206|45,014|369,220|293,201|
|TOTALASSETS LESS CURRENT LIABILITIES||718,252|45,014|763,266|692,737|
|CREDITORS||||||
|Amounts falling due aftermore than one year|17|(23,377)|-|(23,377)|(23,377)|
|NET ASSETS||694,875|45,014|739,889|669,360|
|FUNDS|19|||||
|Unrestricted funds||||694,875|641,317|
|Restricted funds||||45,014|28,043|
|TOTALFUNDS||||739,889|669,360|



The financial statements were approved by the Board of Trustees and authorised for issue on DB ey 0 Seng were signed on its behalf by: 

/ | sy Bruce - Trustee / 

The notes form part of these financial statements 

Page 9 

## William Merritt Disabled Living Centre 

## Cash Flow Statement 

for the Year Ended 31 March 2025 

|||2025|2024|
|---|---|---|---|
||Notes|£|£|
|Cash flows from operating activities||||
|Cash generated from operations|1|99,278|80,011|
|Net cash provided by operating activities||99,278|80,014|
|Cash flows from investing activities||||
|Purchase oftangible fixed assets||(53,680)|(39,150)|
|Sale oftangible fixed assets||32,942|4,776|
|Interest received||20,124|13,520|
|Net cash used in investing activities||(614)|(20,854)|
|Change in cash and cash equivalents in||||
|the reporting period||98,664|59,157|
|Cash and cash equivalents atthe||||
|beginning ofthe reporting period||257,557|198,400|
|Cash and cash equivalents atthe end of||||
|thereportingperiod||356,221|257,557|



The notes form part of these financial statements 

Page 10 

## William Merritt Disabled Living Centre 

## Notes to the Cash Flow Statement 

for the Year Ended 31 March 2025 

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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|1.|RECONCILIATION|OF|NET|INCOME|TO|NET|CASH|FLOW|FROM|OPERATING|ACTIVITIES|
|2025|2024|
|£|£|
|Net income|for the|reporting|period|(as|per the|Statement|of|Financial|
|Activities)|70,529|64,489|
|Adjustments|for:|
|Depreciation|charges|26,642|31,421|
|Losses|on|investments|12,168|9,974|
|Profit|on|disposal|of fixed|assets|(12,581)|(3,666)|
|Interest|received|(20,124)|(13,520)|
|Decrease/(increase)|in|debtors|37,913|(15,713)|
|(Decrease)/increase|in|creditors|(15,269)|7,026|
|Net cash|provided|by|operations|99,278|80,011|

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2. 

ANALYSIS OF CHANGES IN NET FUNDS 

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|||||||
|---|---|---|---|---|---|
|At|1.4.24|Cash|flow|At|31.3.25|
|£|£|£|
|Net|cash|
|Cash|at|bank|257,557|98,664|356,221|
|257,557|98,664|356,221|
|Total|257,557|98,664|356,221|

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The notes form part of these financial statements 

Page 11 

## William Merritt Disabled Living Centre Notes to the Financial Statements for the Year Ended 31 March 2025 

1. GENERAL INFORMATION 

The Charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Aire House, 100 Town Street, Rodley, Leeds, LS13 1HP. 

The presentation currency of the financial statements is the Pound Sterling (£). 

## Statement of compliance 

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. 

2. ACCOUNTING POLICIES 

## Basis of preparing the financial statements 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of ireland’ and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. 

## Going concern 

There are no material uncertainties about the charity's ability to continue. 

Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 

## Income 

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: 

- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. 

- legacy income is recognised when receipt is probable and entitlement is established. 

- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a_ particular purpose and returned if unspent, in which case it may be regarded as restricted. 

Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: 

- expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. 

Page 12 

continued... 

## William Merritt Disabled Living Centre 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

2. ACCOUNTING POLICIES - continued 

## Expenditure 

- expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. 

- other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. 

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. 

## Tangible fixed assets 

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. 

## Depreciation 

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value over the useful economic life of that asset as follows: 

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||||||||
|---|---|---|---|---|---|---|
|Leasehold|improvements|-|20%|straight|line|
|Fixtures|and|fittings|-|10%|straight|line|
|Motor|vehicles|-|33%|straight|line|
|Computer equipment|-|20%|straight|line.|

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## Investments 

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## Defined contribution plans 

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. 

3. 

## DONATIONS AND LEGACIES 

Donations 

2025 2024 £ £ 44,601 16,486 

Page 13 

continued... 

## William Merritt Disabled Living Centre 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

|4.|OTHER TRADING ACTIVITIES|||||
|---|---|---|---|---|---|
|||||2025|2024|
|||||£|£|
||Fundraising events|||3,924|-|
|5.|INVESTMENT INCOME|||||
|||||2025|2024|
|||||£|£|
||Deposit account interest|||6,176|573|
||National savings income bonds|||2,992|1,991|
||UK Gilts income|||10,956|10,956|
|||||20,124|13,520|
|6.|INCOME FROM CHARITABLE|ACTIVITIES||||
|||||2025|2024|
|||Activity||£|£|
||Revenue grants|Direct charitable activities||219,084|224 857|
||DETR grant|Direct charitable activities||762,040|633,683|
||Driving school and|||||
||assessment fees|Direct charitable activities||153,988|161,136|
||Courses and exhibitions|Direct charitable activities||44,672|48,096|
||Shop mobility|Direct charitable activities||35,488|94,357|
||DAG Driver Adaption grant|Direct charitable activities||12,526|-|
||Other smaller projects|Direct charitable activities||39,767|40,360|
|||||1,267,565|1,202,489|
|7.|RAISING FUNDS|||||
||Raising donations and legacies|||||
|||||2025|2024|
|||||£|£|
||Promotions and marketing|||19,198|14,406|
|8.|CHARITABLE ACTIVITIES COSTS|||||
|||||Support||
||||Direct<br>Costs|costs (see<br>note 9)|Totals|
||||£|£|£|
||Directcharitableactivities||126,931|1,107,388|1,234,319|



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continued... 

## William Merritt Disabled Living Centre 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

**==> picture [452 x 165] intentionally omitted <==**

**----- Start of picture text -----**<br>
||||||||
|---|---|---|---|---|---|---|
|9.|SUPPORT|COSTS|
|Governance|
|Management|costs|Totals|
|£|£|£|
|Direct|charitable|activities|1,068,224|39,164|1,107,388|
|10.|NET|INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|2025|2024|
|£|£|
|Auditors'|remuneration|9,480|9,630|
|Depreciation|-|owned|assets|26,641|31,421|
|Surplus|on|disposal|of fixed|assets|(12,581)|(3,666)|

**----- End of picture text -----**<br>


11. TRUSTEES’ REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024, 

## Trustees’ expenses 

During the year trustees expenses of £99 (2023 fnil) were paid. 

12. STAFF COSTS 

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**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Wages|and|salaries|719,681|622,170|
|Social|security|costs|63,656|53,440|
|Other pension|costs|40,038|35,121|
|823,375|710,731|
|The|average|monthly|number|of employees|during|the|year was|as|follows:|
|2025|2024|
|Number of|staff|29|26|

**----- End of picture text -----**<br>


No employees received emoluments in excess of £60,000. 

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## William Merritt Disabled Living Centre 

## Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## 13. TANGIBLE FIXED ASSETS 

|||Fixtures||||
|---|---|---|---|---|---|
||Long<br>leasehold|and<br>fittings|Motor<br>vehicles|Computer<br>equipment|Totals|
||£|£|£|£|£|
|COST||||||
|At 1 April 2024<br>Additions<br>Disposals|380,131<br>-<br>-|51,498<br>-<br>:|108,870<br>26,404<br>(49,916)|21,128<br>27,276<br>-|561,627<br>53,680<br>(49,916)|
|At 31 March 2025|380,131|51,498|85,358|48,404|565,391|
|DEPRECIATION||||||
|At 1 April 2024|336,811|45,047|63,512|14,203|459,573|
|Charge for year|2,280|2,079|17,921|4,361|26,641|
|Eliminated on disposal|-|-|(29,555)|-|(29,555)|
|At 31 March 2025|339,091|47,126|51,878|18,564|456,659|
|NET BOOK VALUE||||||
|At 31 March 2025|41,040|4,372|33,480|29,840|108,732|
|At31March2024|43,320|6,451|45,358|6,925|102,054|



14. FIXED ASSET INVESTMENTS 

|FIXED ASSET INVESTMENTS||
|---|---|
||Listed|
||investments|
||£|
|MARKETVALUE||
|At 1 April 2024<br>Revaluations|297,482<br>(12,168)|
|At 31 March 2025|285,314|
|NET BOOK VALUE||
|At 31 March 2025|285,314|
|At31March2024|297,482|



There were no investment assets outside the UK. 

Cost or valuation at 31 March 2025 is represented by: 

Valuation in 2025 

Listed investments £ 285,314 

There were no investment assets outside the UK. 

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## William Merritt Disabled Living Centre 

## Notes to the Financial Statements - continued 

## for the Year Ended 31 March 2025 

**==> picture [451 x 558] intentionally omitted <==**

**----- Start of picture text -----**<br>
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|15.|DEBTORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR|
|2025|2024|
|£|£|
|Trade|debtors|4,788|45,846|
|Other|debtors|2,494|174|
|Prepayments|and|accrued|income|37,184|36,360|
|44,466|82,380|
|16.|CREDITORS:|AMOUNTS|FALLING|DUE|WITHIN|ONE|YEAR|
|2025|2024|
|£|£|
|Trade|creditors|10,242|8,427|
|Other|creditors|131|6,429|
|Accruals|and|deferred|income|21,094|31,880|
|31,467|46,736|
|17.|CREDITORS: AMOUNTS|FALLING|DUE|AFTER|MORE|THAN|ONE|YEAR|
|2025|2024|
|£|£|
|Other|creditors|23,377|23,377|
|18.|LEASING AGREEMENTS|
|Minimum|lease|payments|under|non-cancellable|operating|leases|fall|due|as|follows:|
|2025|2024|
|£|£|
|Within|one|year|86,400|48,000|
|Between|one|and|five|years|338,400|-|
|424,800|48,000|
|19.|MOVEMENT|IN|FUNDS|
|Net|Transfers|
|movement|between|
|At|1.4.24|in|funds|funds|At|31.3.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|641,317|75,222|(21,664)|694,875|
|Restricted|funds|
|Shop|Mobility|28,043|(49,707)|21,664|-|
|Department|for Transport|Leeds|.|36,018|-|36,018|
|DAG|Driver|Adaptations|-|8,996|-|8,996|
|28,043|(4,693)|21,664|45,014|
|TOTAL FUNDS|669,360|70,529|-|739,889|

**----- End of picture text -----**<br>


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continued... 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## William Merritt Disabled Living Centre 

## 19. MOVEMENT IN FUNDS- continued 

Net movement in funds, included in the above are as follows: 

||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|1,287,670|(1,200,280)|(12,168)|75,222|
|Restricted funds|||||
|Shop Mobility|-|(49,707)|-|(49,707)|
|Department for Transport Leeds|36,018|-|-|36,018|
|DAG DriverAdaptations|12,526|(3,530)|-|8,996|
||48,544|(53,237)|-|(4,693)|
|TOTALFUNDS|1,336,214|(1,253,517)|(12,168)|70,529|



## Comparatives for movement in funds 

||||Net||
|---|---|---|---|---|
||||movement||
|||At 1.4.23|in funds|At 31.3.24|
|||£|£|£|
|Unrestricted funds|||||
|General fund||571,677|69,640|641,317|
|Restricted funds|||||
|Shop Mobility||33,194|(5,151)|28,043|
|TOTALFUNDS||604,871|64,489|669,360|
|Comparative net movement in funds, included in the above are||as follows:|||
||Incoming|Resources|Gains and|Movement|
||resources|expended|losses|in funds|
||£|£|£|£|
|Unrestricted funds|||||
|General fund|1,138,138|(1,058,524)|(9,974)|69,640|
|Restricted funds|||||
|Shop Mobility|94,357|(99,508)|-|(5,151)|
|TOTALFUNDS|1,232,495|(1,158,032)|(9,974)|64,489|



## Restricted funds 

## Shop Mobility 

This restricted fund related to a revenue stream for the charity, a grant is receivable from Leeds City Council and all other income and expenditure relating to this service is to be restricted. This funding stopped during 2024.. 

## Department for Transport Leeds 

This restricted fund is an amount received in excess of the unrestricted income. This funding is restricted to improving travel hubs, home visits and car seat clinic development. 

## DAG Drivers Adaptation 

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¢ 

## William Merritt Disabled Living Centre 

Notes to the Financial Statements - continued for the Year Ended 31 March 2025 

## 19. MOVEMENT IN FUNDS- continued 

This restricted fund is funding received for specific adaptations to vehicles for individuals who require additional modifications. 

## Transfer between funds 

Overspend on Shop Mobility has been funded by the charities free reserves. 

## 20. EMPLOYEE BENEFIT OBLIGATIONS 

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £40,038 (2024: £35,121). 

## 21. RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 31 March 2025. 

Page 19