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2020-12-31-accounts

Item Page
Refereace and administrative
informetioa
Trustees'
Report (including
the Directors'		 and Strategic Report)
independent
Auditor's
Report		 21
Consolidated
Statement
ofFinancial Activities		 26
Balance Sheets 26
Consolidated
Statement ofcash flows		 27
isotes to the Fiaancial Stateraeats 28

Identified Risk Mitigation
Our ability to generate sufficient The uncertainty
ofthe ongoing effects ofthe pandemic		 and
unrestricted funds particularly due to the the proposed changes to London Marathon
allocation
continuing disruption resulting from continue to pose a risk to our ability to generate
coronavirus. unrestricted
funds for the charity.
To mitigate
this the charity continues
to place huge
emphasis
on positive
and open relationships
with our
funders
and on seeking multi-year
commitments
wherever
possible.
We also continue to actively seek to diversify
our sources
ofincome including
developing
a legacy programme
and
embracing
digital fundraising
approaches.
We are active in our pursuit ofnew income streams
and
have increased the dedicated resources available to this area
ofincome generation
and are working
with key members of
the Board to create a Development
Board to continue to
diversify
income sources.
We have successfugy
grown our free reserves
in both 2019
&2020 in line with our reserves policy and wig strive to
maintain
them at the target level of3 months
expenditure		 in
2021.
We continue to review our business
continuity
plans to
ensure we can continue to offer services to our
beneficiaries,
while following the guidance ofPublic
Health England
and ensuring
the health
and wellbeing of
our beneficiaries
and staff and wig continue
our successful
communications
strategy with staff while the pandemic
remains.
Risk ofdisruption caused by loss ofkey The announcement
ofthe departure ofour long standing
personnel CEO in early 2021 and ofthe retirement ofour Finance
Diremor, highlights
the continued
risk ofthe loss ofkey
personnel.
Recruitment ofthe CEO is now complete, however
it
continues
at pace for the Finance Director. Full handover
notes and briefings
were rreated prior to the CEO's Q 1
departure
and similar ones will be completed
prior to the
Q2 departure ofthe FD.
Our leadership
programme
seeks to ensure middle
and
senior managers
in the organisation
are given the skills		 and
encouragement
to fulfil awider range ofwork, thus
spreading
knowledge
and responsibility
to a wider pool		 of
staff mitigating
some ofthe risk involved
with staff
departures.
However,
any organisation
ofour size is vulnerable
to the
loss ofkey staff and the knowledge
and contacts they hold
and we place great importance
on such information
being
documented
and shared as much as possible.

Trustees' report Trustees' report (including
the D		 irectors'
and Strategic Report)
ldentiTied Risk Mitigation
The on-going threat ofcyber and data We will continue to update our cyber protection plans with
security breaches. pro bono professional
support from some
partners —Emst k Young and Nomura.		 ofour corporate
We ensure
appropriate
training ofall staff, to ensure		 compliance with
policies and procedures
developed
to mitigate the
likelihood ofan incident and any ensuing reputational
damage.
Reputational damage caused by a serious We proactively
review our communications
plan,
incident,
including,		 but not limited to, safeguarding
measures
and clinical practices to mitigate for
safeguarding issues, exacerbated
by		 any brand and reputational
risk.
negative social media and /or media
pressure

2020 2019
Unrestricted Restricted Total Unrestricted Restricted Total
Note S'000 S'000 S'000 K'000 OOOO E'000
Income from:
Voluntary
Income		 2,532 1,855 4,387 3,395 2,527 5,922
Contracts Income 1,190 1,190 1,112 — 1,112
Ctthet Income 1,250 91 1,341 31 31
Investmeut
Income		 1 1 I 1 2
Total income 4,973 1,946 6,919 4,539 2,528 7,067
Expenditure
on:
Pundraisiug 1,872 53 1,925 1,715 107 1,822
Charitable
acnvities
Campaigns
&Awareness		 342 1.03 445 215 56 271
Mobility equipment 493 633 1,126 658 671 1,329
Clinical services 1,235 816 2,051 1,031 649 1,680
Young People's Services 411 586 997 390 723 1,113
Total expenditure 4,353 2,191 6,544 4,009 2,206 6,215
Net movement
in funds		 620 (245) 375 530 322 852
Reconciliation offunds:
Total funds b~ought forward 1,480 1,490 2,970 950 1,168 2,118
Total funds carried forward 2,100 1,245 3,345 1,480 1,490 2,970

The group The charity
2020 2019 2020 2019
Note f.'000 f.'000 I'000 t'000
Fixed assets:
Tangib'le
assets		 159 159 17
Current assets:
Debtors 14 2\4 244 316 290
Cash and Cash equivalents 19 4,133 3,457 3,870 3,231
4,347 3,701 4,186 3,521
Liabilities:
Creditors: amounts falling due within one year 15 (1,161) (748) (1,000) (568)
Net current assets 3,186 2,953 3,186 2,953
Total assets less current liabiTities 3,345 2,970 3,345 2,970
Funds: 18
Pestricted into~a funds 18 1,245 1,490 1,245 1,490
Unrestricted
income funds:
Unrestricted
funds held as tangible		 fixed assets 17 157 14 157 14
Designated
funds. Office Move		 18 178 178
Designated
funds: London Marathon		 2021 18 645 645
Free Reserves 18 1,298 1,288 1,298 1,288
Total unrestricted funds 2,100 1,480 2,100 1,480
Total funds 3,345 2,970 3,345 2,970

Note 2020 2019
X'000 8'000 S'000 X'000
Cash flows from operating activities
Net income for the reporting
period		 375 852
(as per the statement ofiinancial activities)
Depreciation
charges		 36 Il
Interest
Decrease I(Increase) iu		 debtors (I)
30		 (2)
(21)
Increase in creditors 413 IO I
478 89
Net cash provided
by operating
activides		 853 941
Cash flows from investing activities:
Dividends,
interest and rents		 from investments I 2
Purchase offixed assets (178) (10)
Net cash used in investing activities (177) (8)
Change in cash and cash equivalents in the year 676 933
Cash and cash equivalents at the begiiuuug ofthe year 3,457 2,524
Cash and cash equivalents at the end ofthe year 4,133 3,457

Forthe year ended 3I December 2020 Forthe year ended 3I December 2020
I Accounting
policies (continued)
Danatians ofgifts, semtces and facilities
Donated professional ser tees and donateil feei1rties are recogm sad as income when the charity hm contml over the Item or rcceivcd thc service, any
conditions
associated
with the donation
have bmn met, the rmeipt ofeconomic benefit iroro		 the use by the chatty ofthe item is probable and that
economic benefit can be measured
reliably. While we are liugely appreciative ofthe services		 provided by om voluntems, in accordance willi tlie
Charities SORP(FRS102),volunteer
time is not recognised
in the financial
statements
Whizz-Kidz
Volunteer		 hours
in 2020Ume		 approximately 396
hours (2019.2,700hours).
On receipt, donated gras, pmfessionai
services and donated
facilities are recogntsot
on tbe basis		 ofthe value ofthe gift to the charity which is the
amount
the charity would have been udl hag to pay to obrain services or facilities ofequivalent		 economic benefit on rhe open market, acorresponding
amount
is then recognised
in expenditure
in the period ofreceipt.
g) Interest receivable
interest on funds held on deposit is included
when recmvable
and the amount
can be measured		 reliably by the charity", Ilus is aorrnally upon notification
ofthe interest paid or payable by the bank
h) Fund accounting
Restricted
I'uuds are tobe used for specific purposes
in hne mth our charttablc objecnves as		 laid down by the donor. Expendimre
which meets there
critesia is charged to the Etnd.
llnrestncted
funds are donauons
and other incoming resources received or generated
forthe		 chamable purposes which can be used ar the discretion of
Ihe trustees
Designated
funds are unrestricted
funds earmarked
by the trustees for particular
purposes.
i) Expenditure
andirrecoverable
VAT
Expcnditurc
is nxogniscd
once there is a legal or constmctivc
obligation
tomake a payment		 to a third party, it isprobable that seulement
will be
required
and the amount ofthe obligation
can be measured
reliably. Expenditure
is classified		 under tbe fallowing amivity headings:
Costs ofraising funds relate to Ihe costs incurred
by the chantable
company
in inducmg		 third parties to make voluntary
contributions
to it,		 as well
as the costofany activities
with a fundraising
purpose;
and
Expenditure
on chantable
activities
includes
the costs ofdelivering
services undertaken		 to further tire purposes ofthc charity and their associated
sUpport cosTs.
Irrecoverable VAT is charged as a cost against
the sctimty for which the expenditure
was incurred
j) Costs ofnobility equipment
Thecostsofmobnityequipmem
arcre
oguucd
uurenesocialstatemeutsassooaas
the order iulaccds		 ih se eatcsales I otlinitkuo
thethe		 'iyesde
cesstruhive
obligation
from ihe point ofview oftbc bcuctictsiy
The svosse time between
recosa it i on		 ofthe liability
snd payment		 is 2mouths
As		 rr obility equi pmeni
i' tailored to each child, trey do not represent
future economic benefit to the cbsnty, snd we therefore		 not cspitatised ss fixed assets.
k) Allocation ofsupport costs
Resources expmdcd
am allocated tothe particular
activity wham the cost relates directly tothat activity.
AE support cosh including		 governance costs
(see note 5 on page 33)are allocated to activities on the basis ofthe number ofstalf employed in each activity as per note 0 on page 36.
I) Operatiag
leases
Rental charges are charged on a straight line basis over the term ol'Ihe lease. Rmt hohdays
where		 applicable, src spread evenly over thc Icasc tcrtn.
m) Tangible lixed assets
items ofequipment
are capitalised
where the purchase pnce exceeds f500. Dcprecianon
costs		 are agacated to actmties on the basis ofthc usc of thc
related assets in those activities. Assets arc reviewed for impairmenr
ifcircumstances
indicate		 their carrying value may exceed their net realisable value
and value in use,
Depreciation
is provrdcd
at rates calculated to wnte down the cost ofeach asset to its estimated		 residual value over its expected useful life. The
depreciation
rates in use are as fogows.
Fixturee, Fittings a Computer
Equipment
3-5 years
Motor Vehicles
4 years
Short Lemehold
improvements
lease tenn

F or the year ended 31 De c em b er 2020
2 Voluntary
Income
2020 2019
Uarestricted Restricted Total Unrestricted Restricted Total
8'000 f'000 IP000 f'000 f'000 ip000
Corporate 959 276 1,235 962 438 1,400
Marathons &Challenge
Events		 561 7 568 1,440 4 1,444
individml
Givrug		 238 238 238 238
Legacies 20 20 164 164
Major Donors 242 41 283 35 44 79
Stanitory &Trusts (a) 512 I,S31 2,043 556 2,041 2,597
2,532 1,855 4,387 3,395 2,527 5,922
Details ofVoluntary income
The charity bes been notified of2 legacies which have noi yel met thc critera of income recognition.
2020 2019
Unrestricted Restricted Total Unrestricted Restricted Total
8'000 IP000 8'000 f'000 ir000 fr000
a Statutory
and Trust		 income
Statutory
The iVational Lottery Commumty Fund - People and Places
Fund- IGdz in the Lead' 82 82 165 165
The National Lottery Community Fund - Transforming Lives 127 127 124 124
The National
Lonery		 Community Fund - Reaching Communities 119 '1 19 165 165
The Nsironsl Lonery Community Fund Whizz Onhne 100 100
Th* Grearer
Lrnidon
Authority.		 Young Londoner's Fund 24 24
Heritage
Lottery
—30		 Years 30Stories 47 47
Welsh Government
-		 Movmg On 22 22
Sub-total for Statutory 450 450 525 525
Trusts
The Edward Gostling Foundation 125 125 275 275
BBCChildren
In Need		 10 10 5 5
BBCChildren
ln Need - COVID		 Next Steps 20 20
Players of People's Postcode Lottery 100 500 350 550 900
Zochonis Trust 20 20
The City Bridge Trust 58 58 106 106
The Cr-rar Hotels Trust 5 5
R SMacDorald
Chantablc
Tmst		 15 15 15 15
Plorence Vighungsle Trust 17 17 15 15
Conuc Reltel' 72 72 42 42
Comic Relief- Covid-19 Emergency Funding 31 31
Bernard Lewis Family Chatitable Tmst 50 25 75 50 50
The Rosemary White Foundation 39 39
The Gsnnochy
Trust		 5 5
Others for mobdity equipment, therapists, camps and other
charitable
purposes		 62 583 645 156 4s9 615
Sub-total for Trust 512 1,081 1,593 556 1,516 2,072
Total Stalute ry and Trust Income 512 1,531 2,043 556 2,041 2,597

2020 2019
Unrestricted Restricted Total Unrestricted Restrtcted Total
d'000 f.'GOO a'000 f.'Iloo coon t'000
Whrzz-Mob&hty CIC I4HS tncome 1,110 I,IIS 1,112 1,112
Fund rat amg Comrncr eral Income 7s 72
1,190 1,190 1,112 1,112
2020 2019
Unrestricted Restricted Total Unrestricted Restricted Total
V000 f.'OOG f.'000 f'000 U GOO I'000
Oosemmmt Furlough Orant 91 91
Pro Bono Income 19 19 30 30
Insurance Compensattoo 1,230 1,230
Other I I
1,250 91 1,341 31 31

F or the year ended 3 or the year ended 3 1December 1December 2020
5 Analysis af expenditure -Current Year
Charitable activities
ampatgns oung
& Mobility Clinical People' s 2020 2019
a. 2020 Fundraising Awareness equipment services Services Tatal Total
8 000 «'000 k'000 8'000 E'000 8'000 f.'000
Dtrect costs:
Staff costs (Note 7) 1,027 23'1 934 612 2,804 2,590
Pmmot tons( &Advertising 149 121 270 116
Travel &Accommodation 1 37 116
tvlerethons
&Challenge		 Events 20i 201 305
Personal
Assistants		 11 50
Wheelchsirs & Mobility Equipment 1,126 1,126 1,329
Recnutment
&Tmming		 16 27 56
Depreciatton I
Wheelchair
Pro)ectFees		 40! 401 109
Other drrect cost 91 264 104 468 459
Total Direct Costs 1 487 371 1 126 1 626 735 5 345 5 131
Suppart costar
Stair Costs (Note 7) 202 34 196 121 553 494
Rent, rates, insurance dt services 152 25 148 91 416 379
SuppOrt rf COntraCte 17 3 16 10 46 36
Recruitmcnt &Tratntng 10 2 Ic 6 28 18
Legal 15 3 15 9 42 60
Bank Charges 7
Depreciation 13 12 35 9
Othet Support Expensm 7 7 20 27
Governance
costs
SlatYCosts (Note 71 6 6 16 14
Other Supped Expenses 16 15 43 40
Toml Support & Governance costs 438 74 425 262 1,199 1,084
Total expeaditure
2020		 1,925 445 1,126 2,051 997 6,544
Total expenditure
2019		 1,822 271 1,329 1,680 1,113 6,215
Soppon Casts consists ofthe foilotving: 2020 2019
Ettno
Central Admm Costs 740 650
Ftnance 235 231
124 116
100 87
Total Support &Goverasace rest 1,199 1,084

Analysis ofexpenditure Analysis ofexpenditure - Prior Year
Charitable activides
p o og
& Mobility Clinical People' s 2019 2018
b. 2G19 Fundraising Awareness equipment services Services Total Total
f'Olio iyooo f.'DOO O'000 oooo 8'000 f'Olio
Direct coster
Staffcosts (blots 7) 940 176 850 624 '7,590 2,482
Promotional
&.Advemsing		 89 26 116 146
Travel &Accommodahon 13 52 50 116 130
Marathons &Challenge Evems 305 305 339
Personal Assistants 50 50 51
Whee'Ichaiis
& Mobility		 Equipment 1,329 1,329 1,349
Recruitment
4'i Trainirig		 32 21 I 56 33
Depreciation I I 6
Wheelchart
Pro)ect Fms		 109 109 17
Other direct cost 65 241 149 459 522
Total Direct Costs I 444 22g 1,329 I 754 S76 5 131 5075
Supportcosts:
Stair Costs (b)otc 7) 172 20 194 108 494 467
Rem, rates, insunmce dt services '132 15 149 83 379 380
Support IT Contracts 13 I 14 8 36 34
Recruitment
&Traimng		 6 I 7 4 18 19
Legal 21 2 24 13 60 41
Bank Charges 2 3 2 7 7
Depreciation 3 4 7 14
Other Support. Eipeoses 10 11 5 27 25
Governance
costs
StaffCosts ibiote 7) 5 5 14 15
Other Support Expenses '14 15 40 38
Total Support &Goveraance costs 378 43 426 237 1,084 1,040
Tetal expeaditure 2019 1,822 271 1,379 1,680 1,113 6,2)5
Total expenditure
2018		 1,873 I.84 1,349 1,609 1,100 6,115
Support Costs consists ofthe following: 2019 2DIS
1t)00 f'000
Central Admin Costs 650 639
Finance 231 219
116 97
87 85
Total Support &Goveraaace cost 1,084 1,040

2020 2019
e000 n000
Depreciation 36
Operating
lease rentals
Propeny 252 200
Equipment 12 12
Auditor remuneration (excludmg VAT)
Audit ofthe financial statemcnis
Group 25 23
Chwity 19 IS
Staircosts were as follows
2020 2019
K'000 0'000
Satsrics and wages 2,904 2,sgs
Redundancy and termmatioa costs 5 9
Social security costs 26jl 245
Pension
contributions		 144 120
Health Insurance 30 24
Temporary Staff 22 115
3,373 3,098
2020 2019
No. No.

Tb*group and charity
Leasehold Fixtures and Computer Motor
property fitIiitgs equipment vehines Total
DOOG COGO COOS 8'000 6'000
Cast
1st January 2020 89 53 214 IS 374
Additions
m year		 88 62 28 )78
Disposals
in year		 (891 153) (78) (220)
31st December 2020 88 62 164 18 332
Depreciation
1st January 2020 89 53 197 18 357
Charge for thc year 14 6 16 36
Ehminated
on disposal		 (89) (53) (78) (2201
3)sr December2020 14 135 IS 173
Net book value
31stDecember 2G20 74 56 29 159
'Ist January 2020 17 17

2020 2019
f'000 0'00(l
Incoiue l,)91 l, 1 12
Expenditure (983) (1,102)
Net Income for the financial year 207 10
Gili aid to parent undcrtshug (207) (10)
Result for the financial year
202G 2019
DMQ f'000
Gross mcoine 5,94& 5,976
Result
for the year		 375 852
Debtors
The group The charity
2020 2019 2020 2019
f'oao f'GQO f.'000 f'000
Prepaymenis 129 97 120 77
Other debtors 77 93 9 18
Accnied Income 8 54 8 48
Due from subsrdmiy company 179 147
2'l4 244 16 290
Creditors: amouats falling due within one year
The greup Tbe charity
2020 2019 2020 2019
f.'000 f'000 COQO f'000
Trade creditors 240 272 194 235
Creditors
for mobihty		 equipment 217 264 144 173
Taxarion and social secunty 88 94 88 94
Accrue(a 616 118 574 66
1,161 748 1,000 568

17 Analysis ofgroup net assets b etwee n funds
General Restricted
unrestricted funds Total funds
2020 DOOO DOOO D000
Tangible fixed assets 157 2 159
Currem assets 2,733 1,614 4,347
Current
liabilities		 (790) (371) (1,161)
Vet assets at31December 2020 2,100 1,245 3,345
2019
Tmgible
fixed assets		 14 3 17
Current assert ),937 1,764 3,701
Current liabilines (471) (277) (748)
lqet assets at31December 2019 1,480 1,490 2,970
IS Mevemeats
in funds
At I January
a. 2020 2020 IncOrne Expenditure Transfers AI 31/12/2020
8'Otld f.'000 8'000 f.'000 8'000
Restricted fuadsi
Mobilio Equipmeoi 552 541 1667) 426
Mobility
Therapists		 fcSuppon Services 55 381 (267) 169
Young People's Services 374 783 (654) 503
Wheels ofChan
e		 Projcm 509 150 (512) 147
Furlough
Grant		 91
Total restricted
funds		 !,490 1,946 (2,191) 1,24&
Uarcstricted
funds:
Designated
fuiuh		 Office Move 178 (178)
Designated
funds:		 Loadon Marathon 2021 645
Total dcstsaatot
funds		 178 (178) 645 645
General funds 1,302 4,973 (4.175) (645) 1,455
Total unrestricted funds 1.480 4973 (4,353) 2,100
Tetal funds 2,970 6,919 (6,544') 3,345
Descriptioa ofthe funds sre on page 39.
b. 2019 At I/I/2019 Income Expendrlure Transfers At 31/12/2019
DOOO Dot)0 sp000 8'000 DOOO
Restricted fuads:
Mobihty
Equtpmem		 380 9(8 (746) &52
Ivlobility Therapists a Suppon Services 105 349 (399) 55
Youn
People's Scrtoces		 373 761 (760) 374
Wheels ofChange Project 310 500 (301) 5119
Toml restricted
funds		 1,168 2,528 (2,206) 1,490
Dnrestricted
funds:
Designated
funds.		 (2&) 200 178
Total designatnl
funds		 (22) 200 178
General funds 9&0 4,539 (3,987) (200) '1.302
Total unrestricted roads 950 4,539 (4,009) 1,480
Total funds 2.118 2.970

Purposes ofrestricted funds
Mobihty
Equipment
Income carrying arestncdon by the donor for the general purchase ofpowered and manual wheelcbairs and other mobihty equipmeui
Some restrictions
are specifically
linked to territories.
iylobitity
Therapists &Support Services
Iricomc carrying a restrimion to fund the cast ofour therapist network and inobility engineers.
Young People's Services
Income carry mg arestnciion tc support the delivery ofour young people's services mcludmg dubs, vbeelchair sin its training, camps
and work placements.
Wheels ofChange Project
Restncted to aproimt to re-tmaghte
the powered		 wheelchair for the 21st century.
Designated
funds
Oflice Move: This represecL the fund established for moving the chanty's otyices in 2020.
LM 2021 This represents
the		 fund established for reduced marathon mcome in 2021 as a result ofthe 2020macellation to ensure
continuity ofour vital clinical and young people's servwes.