2021-03-31-accounts

					2019/20	2020/21
Unrestricted Reserves
General Reserve — being	the accumulated				f307,733	f356,011
surpluses ofthe organisation
Designated Reserve —being	a fund to	cover the				f20,000
organisation's financial commitment to		the		costs
of developing driver training	services
Restricted Reserves
DfT Minibus Project Fund	—being		a	fund	f191,779	f191,779
provided to cover costs associated		with		the
administration and distribution of the				DfT's
minibus purchase grants.
DfT Driver Training Project Fund —being			a	fund		f38,000
to support the development of the			driver
training services.
Connecting Communities Fund —being		a	fund to		f4,761	f19,882
develop community transport	in Wales
TOTAL					f504,273	f625,671

Applications	for trusteeship	for trusteeship	for trusteeship	for trusteeship	are sought	are sought	are sought	by	advertisement. Trustees	advertisement. Trustees	serve	for an initial three years and can be	for an initial three years and can be	for an initial three years and can be	for an initial three years and can be
re-elected	for	a further		three		year period. The board has the power						to appoint	additional	trustees	as it
considers fit to do			so. The		trustees		serving		during the year and since the			year end	were:
Alan Jones (Chair			—appointed			16	December			Peter Hardy
2020)										Chris Kutesko
Susan Evans (Chair —resigned						21	September			Sue Leighton
2020)										Andrew Grieve
Lawrence	Wilson		(Vice Chair —resigned					17		Chandra Vemury (appointed 1			March 2021)
March 2021)										Patrick McEldowney		(resigned	16June 2021)
Paul Appelbe		(Treasurer)
Chief Executive										Bill Freeman
Registered	office									12 Hilton Street
										Manchester
										M1 1JF
Auditors										Dains LLP
										Suite 2, Albion	House
										2 Etruria Office Village
										Forge Lane
										Etruria
										Stoke on Trent
										ST15RQ
Bankers										Charities Aid Foundation Bank
										25 Kings Hill Avenue
										Kings Hill
										West Mailing
										Kent ME194JQ
										The Royal Bank ofScotland pic
										1Corporation	Street
										Hyde
										SK141AQ

				Unrestricted	Funds
							Total funds	Total funds
				General	Designated	Restricted	Year to	Year to
				Funds	Funds	Funds	31March	31March
							2021	2020
Income from:			Notes				E	f
Donations								139
Charitable Activities				268,170		710,728	978,898	1,142,829
Other Trading	Activities			92,848			92,848	72,026
Investments				1,788			1,788	2,704
Total				362,806		710,728	1,073,534	1,217,699
Expenditure on:
Raising Funds				117,754			117,754	77,130
Charitable Activities				176,774		657,608	834,382	1,104,585
Total resources	expended			294,528		657,608	952,136	1,181,714
Net income/(expenditure)				68,278		53,120	121,398	35,985
Transfers between		funds		(20,000)	20,000
Net movement	in	funds		48,278	20,000	53,120	121,398	35,985
Total funds brought
forward				307,733		196,540	504,273	468,288
Total funds carried
forward				356,011	20,000	249,660	625,671	504,273

					As at		As at
					31Mar 21		31Mar 20
Fixed assets			Notes		F		E
Tangible assets			13		6,667		12.731
Investment			14		100		100
					6,767		12,831
Current assets
Stocks			15	31,463		28,568
Debtors			16	234,230		208,158
Current Investments			17	202,946		200,136
Cash at bank	and in	hand	24	325,362		218,256
				794,001		655,118
Creditors: amounts		falling due within one
year			18	(175,097)		(163,676)
Net current	assets				618,904		491,442
Net assets			21		625,671		504,273
Funds
Unrestricted	funds		22		356,011		307,733
Designated	Funds		22		20,000
Restricted funds					249,660		196,540
Total funds					625,671		504,273

							2021	2020
						Notes	f	f
Net cash	provided by/(used	in) operating		activities		23	112,902	(38,215)
Cash flows from investing		activities:
Purchase	offixed assets						(2,986)	(5,247)
Purchase	ofcurrent investments						(2,810)	(136)
Net cash	provided by /(used in) investing			activities			(5,796)	(5,383)
Change	in cash and cash equivalents		in the		year		107,106	(43,598)
Cash and cash equivalents		at the beginning			ofthe year		218,256	261,854
Cash and cash equivalents		at the end	of	the	year	24	325,362	218,256

	2021	2020
	E	E
Stock write off provision	2,110	2,184
Bad Debt Provision	1/233	2,179

2.	Income from	d	onations
					2021	2020
					E	E
	Donations received					139
						139
3.	Income from	charitable		activities
					2021	2020
					E	E
	Grants received		(see note 6)		710,728	725,111
	Memberships				186,738	190,715
	Training and	Conference		Income		13,687
	Member Services 8 Support				81,432	213,316
					978,898	1,142,829
4.	Income from	other trading activities
					2021	2020
					E	f
	Consultancy	Fees			44,477	18,204
	Monthly Journal		Subscriptions		28,846	24,589
	Advertisement		Fees		1,798	15,897
	Insurance Commission				17,044	8,244
	Sundry Income				683	5,092
					92,848	72,026
5.	Investment	income			2021	2020
					E	f
	Bank Interest				1,788	2,704
					1,788	2,704

The followin	g is	a sum	mary	o	fthe fundin	g provided by these en	tities.
							2021	2020
							f	E
Department	for	Transport		Grant			200,000	200,000
Scottish Government			Grant				106,174	115,125
Department	for	Infrastructure			(Nl) Grant		55,100	57,997
Welsh Assembly		Government			Grant		156,785	160,516
Scottish Government			D1 Driver Training			Grant		36,467
EU Project	Funding						144,669	155,006
West Midlands		Trains	Ltd				10,000
Department	for	Transport —MiDas Development					38,000
							710,728	725,111

	Cost
	of	Staff	Other	Governance	Support	2021	2020
	Sales	Costs	Costs	costs	Costs	Total	Total
	f	E	E	E	E	f	E
Raising Funds		61,261	22,277	738	33,478	117,754	77,130
		61,261	22,277	738	33,478	117,754	77,130
Charitable Activities:
Grant Expenditure		448,199	99,466	4,836	105,107	657,608	713,724
Memberships		20,360	555	185	67,332	88,431	119,671
Training S.Conferences							22,227
Member Services 5 Support	10,409	25,931	22,124	516	29,362	88,342	248,963
	10,409	494,490	122,145	5,537	201,801	834,382	1,104,585
	10,409	555,751	144,422	6,275	235,279	952,136	1,181,714

		Cost
		of	Staff	Other	Governance	Support	2020	2019
		Sales	Costs	Costs	costs	Costs	Total	Total
		E	E	E	E	f	E	f
Raising	Funds		13,026	33,808	521	29,774	77,130	107,520
			13,026	33,808	521	29,774	77,130	107,520
Charitable Activities:
Grant Expenditure			434,922	164,885	6,672	107,244	713,724	763,112
Memberships			34,492	5,892	449	78,838	119,671	99,692
Training	S.Conferences		2,475	13,912	182	5,658	22,227	2,879
Member	Services 5Support	42,814	27,413	89,116	1,439	88,181	248,963	246,521
		42,814	499,302	273,805	8,743	279,921	1,104,585	2,112,204
		42,814	512,328	307,613	9,264	309,695	1,181,714	1,219,724

Support costs can b	e analysed as follows:
		2021	2020
		f	f
Staff costs		97,674	124,494
Facility costs		23,444	23,642
Office costs		16,092	29,857
Travel, subsistence	S.meeting costs	448	8,382
Legal 5 professional		71,291	66,150
IT/Website costs		14,170	15,451
Sundry costs		12,160	41,719
		235,279	309,695

Net income/(expenditure) for the year	Net income/(expenditure) for the year
		2021	2020
This is stated after charging/	(crediting):	f	E
Depreciation		9,050	15,138
Operating lease rentals —property		47,213	49,347
Operating lease rentals —equipment		1,932	2,110
Bad debts incurred/(recovered)		(946)	(2,050)
Auditors remuneration:
Audit		6,000	6,000
Corporation Tax Computation		425

				2021	2020
Staff costs were as follows:				f	f
Salaries and wages				566,199	557,390
Redundancy and termination		costs		4,317
Social security costs				51,657	50,926
Employer's contribution	to a defined contribution		pension scheme	28,854	26,364
Other forms ofemployee	benefits			2,398	2,143
				653,425	636,822

		2021	2020
		No.	No.
Raising Funds		1.1	0.4
Grant Funded	Activities	12.3	12.5
Memberships		0.6	1.0
Member Services and Support		0.7	0.8
Governance		0.2	0.2
Support		2.5	3.5
		17.4	18.4

As at 31M	arch 2021the amounts owed b	arch 2021the amounts owed b	y the subsidiary amoun	ted to fnil (2020:fnil),
The assets	and liabilities ofthe subsidiary		were:	2021	2020
				f	f
Current assets				100	100
Creditors:	amounts	falling due within one	year
Total net	assets			100	100
Areate	sharec	pitalandreserves		100	100

Tangible Fixed Assets	Computer	Fixtures
	Equipment	8.Fittings	Total
	f	E	E
Cost
At 1April 2020	59,021	12,447	71,468
Additions	2,986		2,986
Disposals	(723)		(723)
At 31March 2021	61,284	12,447	73731
Depreciation
At 1April 2020	50,284	8,453	58,737
Charge for the year	7,293	1,757	9,050
Disposals	(723)		(723)
At 31March 2021	56,854	10,210	67,064
Net book value
At 31March 2021	4,430	2,237	6,667
At 31March 2020	8,737	3,994	12,731

Stock
				2021	2020
				f	E
Purchased	goods	for	resale	31,463	28,568
				31,463	28,568

Debtors
				2021	2020
				f	f
Trade debtors				110,509	33,155
Other Debtors				4,644	6,470
Prepayments	S.Accrued Income			118,599	163,387
Other Taxes				478	5,145
				234,230	208,158
Current Investments
				2021	2020
				f	f
Carrying value	and market		value at the
beginning ofthe year				200,136	200,000
Additions to investments			at cost	2,810	136
				202,946	200,136
Creditors: amounts due within one year		falling		2021 f	2020 f
Amounts due	to subsidiary		undertaking	100	100
Trade creditors				55,243	82,870
Other taxation	and social		security	13.608	30,115
Accruals				85,821	30,973
Deferred income				20,325	19,618
				175,097	163,676

				2021	2020
				f	f
Balance	brought	forward		19,618	10,106
Amount	released	to income	in the year	(19,618)	(10,106)
Amount	deferred	in the year		20,325	19,618
Balance	carried forward			20,325	19,618

							2021	2020
							f	f
Financial	assets measured		at	amortised	cost		727,200	574,906
Financial	liabilities	measured		at amortised		cost	(154,672)	(143,959)

									2021	2020
									f	f
Total	interest	income	for	financial	assets held	at amortised	cost		1,788	2,704
Total	interest	expense	for	financial	liabilities	held at amortised		cost	1,533	4,363

					General	Designated	Restricted
					Funds	Funds	Funds	Total
					f	f	f	f
Tangible	fixed	assets			6,667			6,667
Current	assets				513,441	20,000	260,660	794,101
Creditors	due	within	one	year	(164,097)		(11,000)	(175,097)
					356,011	20,000	249,660	625,671

					General	Designated	Restricted
					Funds	Funds	Funds	Total
					f	f	f	f
Tangible	fixed	assets			12,731			12,731
Current	assets				458,578		196,540	655,118
Creditors	due	within	one	year	(163,576)			(163,576)
					307,733		196,540	504,273

			1April 2019	Incoming Resources	Resources Expended	Transfers	31March 2020
Restricted funds
Dept for Transport grant				200,000	(200,000)
Scottish gov't grant				115,125	(115,125)
Dept for Infrastructure	—Nl	grant		57,997	(57,997)
Welsh gov't grant				160,516	(160,516)
DFT minibus grant			191,779				191,779
D1 Driver Training Grant			(27,467)	36,467	(6,569)	(2,431)
EU Connecting Communities		Fund	23,271	155,006	(173,516)		4,761
Total restricted funds			187,583	725,111	(713,723)	(2,431)	196,540
Unrestricted Funds
General Funds			223,673	492,588	(438,030)	29,502	307,733
Designated Fund —Judicial Review			57,032		(29,961)	(27,071)
Total unrestricted funds			280,705	492,588	(467,991)	2,431	307p733
			1April 2020	Incoming Resources	Resources Expended	Transfers	31March 2021
Restricted funds
Dept for Transport grant				200,000	(200,000)
Scottish gov't grant				106,174	(106,174)
Dept for Infrastructure	—Nl	grant		55,100	(55,100)
Welsh gov't grant				156,785	(156,785)
DFT minibus grant			191.779				191,799
EU Connecting Communities		Fund	4,761	144,669	(129,549)		19,881
West Midlands Trains	Ltd			10,000	(10,000)
DFT —MiDas Development				38,000			38,000
Total restricted funds			196,540	710,728	(657,608)		249,660
Unrestricted Funds
General Funds			307,733	362,806	(294,528)	(20,000)	356,011
Designated Fund —MiDas Dev't						20,000	20,000
Total unrestricted funds			307,733	362,806	(294,528)		376,011

						2021	2020
						f	f
			Net movement in	funds		121,398	35,985
			Add back depreciation		charge	9,050	15,138
			(Increase)/decrease	in	stocks	(2,895)	1,082
			(Increase)/decrease	in	debtors	(26,071)	(116,619)
			Increase/(decrease)	in	creditors	11,420	26,199
			Net movement in	funds		112,902	(38,215)
24	Analysis	of	cash and cash equivalents
						2021	2020
						f	f
			Cash in hand			135	300
			Current accounts			187,963	159,241
			Deposit accounts			137,263	58,715
						325,362	218,256

				Property		Equipment
			2021	2020	2021		2020
			f	f	f		f
Within	one	year	38,823	32,408	1,932		1,932
Within	two	to five years	36,638	63,165	589		2,557
After	more	than five years
			75,461	95,572	2,521		4,489

. Comparative St	ate	ment of Financial	Activity
							Total funds
				Unrestricted	Designated	Restricted	Year to
				Funds	Funds	Funds	31March
							2020
Income from:			Notes				f
Donations				139			139
Charitable Activities				417,719		725,111	1,142,829
Other Trading Activities				72,026			72,026
Investments				2,704			2,704
Total				492,588		725,111	1,217,699
Expenditure on:
Raising Funds				77,130			77,130
Charitable Activities				360,901	29,961	713723	1,104,585
Total resources expended				438,030	29,961	713723	1,181,714
Net income/(expenditure)				54,558	(29,961)	11,388	35,985
Transfers between	funds			29,502	(27,071)	(2,431)
Net movement in	funds			84,060	(57,032)	8,957	35,985
Total funds brought		forward		223,673	57,032	187,583	468,288
Total funds carried	forward			307,733		196,540	504,273