##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||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|