cta community transport association COMMUNITY TRANSPORT ASSOCIATION UK REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2024 Charity Number (England & Wales): 1002222 Charity registered in Scotland: SC038518 COMMUNITYTRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 OUR PURPOSES AND ACTIVITIES The Community Transport Association is a U K member-based charity providi ng lea(lership, train ing, advice, and operational stipport to transport related charities, community groups and social eriterprises in England, Scotland, Wales, and Northern Ireland. We support and advocate on behalf of our members SO they can deliver innovative and flexible transport solutions to achieve social change and remove transport barriers facing their communities. cfA promotes community transport Sector excellence through train ing, resources, publication5, advice, events, consultancy, and project SU Pport on voluntary, community, and accessible transport. We amplify the collective efforts of community transport providers in buildirig stronger, more inclusive, and sustainable communities through transportation, acr055 the U K. Our mission is to lead a thriving community transport movement in the UK, and ourvi5ion is of a world where everyone in their Communities can acce5S transport that meets their needs. During 23/4 we refreshed our va lue5'. Leadershi We provide leadership by actingas a unified voice forour members, representingtheir interests and concerns to government boclies, and offeiing resources and training. CTA foster collaboration, set standards of excellence, and empower our members to champion transport solutions in their local corrimunities. Inte rit . We are honest and tran£parent in our decision-making processes, and are accountable to our members, funders, and key Stakeholders CTA is committed to upholding the standard we set for th: CT sector and continue to identify ways of improvin£ our culture, operations, and services to better support the sector, E uit Ille actively promote an inclusive culture of equality, diversity and respect through advocacy, educatioli , collaboration and other in itiatives a imed at ensuring that trans port services are accesgible and fair for all members of the communitv. Excellence: At CTA, we are committed to maintaining high standards in our service delivery and we advocate for members to champion these standards, including performance metrics, regular mai ntenance of ve hiclés, safety protocols for d rivers, passenge rs a nd road users, and compl lance with regulatory frameworks. In doing so, we recogni5e and celebrate tlie transformative power of working together to co-develop transport solutions. Our work is underpinned by 4 pillars. Membership Services. As a member-led organisation, we operate with a strong focu5 on engaging and involving our member organi5ations and individuals in our decigion-making processes and activitie5. In addition, we identify and seize opportunities to champion our efflbers, vital and essential work to StrenEthen the communitytransport sector. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 2. Advice & Support: We provide comprehÈnsive advice arEd Euidance to people and organisations delivering community transport 2C¥OSS the UK. Our advice & support team provides up-to-date information on regulations and policies, resources and toolkits, funding support, and best practices so that our mem kiers can thrive and serve their comm un ities effectivelv. 3. Policy & Re5earch- We contribute to the formation of pu blic policy that affects our meTnbers and the CT sector and show how better outcomes can bo achieved for people and communities with accessible and inclusive tr3nsport. We play a multifaceted role in influ encing pol icy a nd resea rch that impact5 our members. By actively engaging with government bodies in England, Wales, Scotland and Northern Ireland, conducting research, and advocating for the interest5 of our members, CTA helps to shape policie5 and regulation5 that support community-focused transport services. 4. Training & Capacity Building: We manage a national progra m me of guality-as5u red education and training for the CT sector. CTA offers training, workshops and webinars to help members enhance their skills and knowledge on transport services, regulatory frameworks, safety and customer seNice. ACHIEVEMENTS AND PERFORMANCE Membership CTA has continued to maintain its steady level of membership with 1215 members. The CTA mernbership includes CToperators in all parts ofthe UK, while operators in England make upthe16iger percentage Itable 11, CTA continues to have a good membership as a proportion of CT operators in all nations. England Scotl3nd 14Yo Table l-Breakdown of CTA Membership by Country Wales Northern Ireland 6Yo The la rgest proportion of membe rs have a tu rnover of le5S than £25,000127%1 with over ha If of a11 CTA'S membership operating with a turnover of less than £250,000 Typically, the la¥ger CTA members with a turnover of £500,000 or more are secondary providers who deliver community transport as a smaller part of their overall Dperation. During 2023-2024 CTA undertook a review of the membership offer, on I" April 2024 CTA launched an updated package of membership benefits and a new permit only membership aimed at Schools and secondary praviders. The criteria for this new membership will be reviewed throughout 2024. The CTA ha5 also been developing a commercial affili3te membership, CtA will select our commercia1 affiliations based on the quality of their products and services, the value they offer to the sector, and their experience working with community transport operators or the wider voluntary sector. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Permit5 CTA continue5 to act as a designated body offerinE our members access to Section 108 and Section 19 Permits. In 2023-2024 CTA issued: 1557 Section 19 Permits to 280 members. 2 Section 108 permits to I mèmber. During this yearcfA started a review of the permit process. We gathered feedback from our members on their experience on the process and have launched a new online application form with updated guidance lor permit applications. We have developed closer links with the Office of theTraffic CDmmi55ioner and have been using their guidance to support our permit review and ta begin conversation to improve Dr and OTC guidance. Advice & Support CTA prioritises supporting CT services to run safely and legally so they ca n ma intain the confidence of regulators, commissioners, and their passengers. To this end, we are the only organisation in the UK that provides a comprehensive and free advice and information service specifically for community transport. Ouradvice %ervicetackles a wide range Of issues including driver licensiog, passengersafety, training enquiries and vehicle maintenance. Last yearwe responded to 1154 advice c311s and email5. We began tracking the proportion of calls answered/sent to voicemail in a3, to assess both the performance of the VOIP telephony and to support Development Officers to better understand trends in call number5, answer rates, and dropped ca115 This data will be used by the Advice & Support team to identify potential improvements and feed through to Ops as they review our VOIP prov15ion in QI 24125. Total Voicemail Total Abandoned Month # Calls Total | Connected 76 Connected Voicemail Ab3ndoned November 127 59.8 42 33.1 December 59 46 78 11.9 10.2 Januarv 221 181 81.9 25 11.3 15 February 120 108 90 Marth 112 75 67 27 24.1 io COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Alongside our advice line we also provide a range of events and print and digital resources for our members and supporters. We launched our new 'Community Building, sessions in QI, evolving Dur provision launched during the e3rly stages of the pandemic and moving from an open 'drop in, style se5510r* to one with a mix of themes and speakers combined with open space for discussion. These 5ession5 run once 3 month apart from AuEU5t, and themes for 23124 included funding, community engagement, a nd influencing politica l outcomes using CTA'S nationa I manifesto Commun ity Solutions to National Challenges.The original aim of the sessions continues, creating and holdinga virtual space for CT operators ICT051 around the country to come together, share their knowledge and experience, ask for help if they need it, and offer peer-to-peer support. other events developed and led by the Advice & Support team include.. Saf efguard ing for Com mur7ity Tra nsport Operators Intro to Ct-for new CT staff Intro to cr- forstakeholders and partners The team will be working closely with ou r Tra i ning colleagues iri 24125 to explore how these sessions CBn be further developed 2nd iritegrated into an annual training programme for CtA members, and our wider network. During 23124 we conducted a full review of our Advice Resource5 and have been working through a PIOEramme of updates and additions to ensure our support resources are all recently reviewed, accessible, and meet our members, needs. Due to C3pacily constraints we opted to follow nationally identified priorities to minimi5e potentia1 duplication and maxirnise efficiency. This workwill continuo with annual reviews of all established coritent, quarterly additions of new content, and support forthe Ops tea m in transitioning all resources to the new cfA website in 24125. New resources created this vear inclLJde'. EV Minibu5 purchasing guide Cost Calculator tool Safegua rding l.bikes and Community Transport A 5Ulte of template policies for operator5 to download and persoY)alise, based on the most frequent requests made by funders Succession plann ing Managing conf lict on boa rds Funding fitness COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEE5 REPORT For the year ended 31 March 2024 Policy & Research Communit Solutions: UK General Election Manifesto In February 2023, we published our Manifesto for the next UK General Election, A Better Futurefor Tronsport.. National Chollenges, Cornmunity Solution5. It calls for a new and dynamic partnership between the next UK Government, CTA and the Commtjnity Transport sector. Ou r Ma n ifesto wa5 informed by contribution5 from across JA, extensive research and online and in- person engagement with our members, partners, and supporters over many months, including workshops, surveys and meetings. Our shared belief that everyone should have acces5 to local transport which meet5 their need5 15 at its heart. It present5 18 solutions and focuses on five priorities: Modernising for Growth Improving Access to Health and Social Care Investing in Community Solutions 4. Accelerating Community-Led Climate Action Delivering a Fair Dejl for Volunteers We produced advice and resources to help our members c3mp3ign IDC311y for community solutions and began our own engagement with key MPS and candidates. AMAP Cam A Fair Deal for Volunteers Our campaign for an urgent, fair and transparent review of the outdated Approved Mileage Allowance Payment IAMAPI, which is used to reimburse volunteer drivers using theirvehicle and last changed in 2012, moved into a new phase and raised the pressure on HM Treasuryto act. We produced updated formal representations ahe3d of the Autumn and Spring Budgets in collaboration with our partners, such as NCVO and the Royal Voluntary Service. We briefed MP5 ahead of a Weslminster Hall debate and an Early Dav Motion in July 2023 which achieved strong cr055-partv consensus on the issue. Alba, ConseN3tive, DUP, Labour, P13id Cymru, SDLP and SNP MPS supported our position. Other organis3tion5, from the Confederation of British Industry to Uni50n, have since issued their own ca Ils for reform. Vol Ll nteers, em ployees, and employer5 a re now al I backing a n u rge nt review. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Training Thetransformed MIDAS Standard was successfully launched on 2January 2024with over 5,000 Learner passes purchased within the period between January to March 2024. We continue working with Hampshire County Council a5 part of the MIDAS Partnership Agreement and continue to work positively, collaboratively, a nd equitably throughout the tra nsformation of M IDAS. As part of the transformation process we developed and installed a new learning management system {LMSI which complements CTA'S new Customer Relationship Management platform ICRMI. We also appointed a Training Manager in July 2023 who ha5 been instrumental to the successful launch of the transformed MIDAS Standard in January 2024. The postholder took a lead on the LMS content development and CRM development and launch. In August 2023 we began to work with a nLtmber of Community Tran5POrt Qperator ICTOI members to develop a netwark of CTA-Approved Training Centres ITCI, This development resulted In five organisations being selected to be pilot TC orga nisations throughDUt 2024/25. A 5Ulte of resou rces was created to support D river Assessors and M IDAS OfEaN isations to adapt to the new model of training delivery. Mea nwh ile t he tea m created a nd delivered ongoing com m u nications to the M iDA5 audiences and sta keholders to ensure understa nd ing of the transformation was clearly commun icated. Th is was complemented by an increased capacity within our Training customer gu pport / administration tea m to handle front line enquiries Approximately 900 calls were handled within the first three month5 of the launch. The new programme received positive feedback from approximately SODO respondents.. 920/0 felt the online theory significa ntly incre35ed their knowledge, 98Yo would recommend MIDAS to a f riend or colleague, 98Y. found the oiiline lea rninE easy to access, IOOYO felt "reasonablf, or "vefy" conf ident drivin£ a minibus after MIDAS. CTA in England During 2023~2024 CTA launched the England State of the Sector project. This is the first comprehe nsive insisht into the sector in England in nearly 10 years. The work has been overseen by a pa rtnership steering grou p which has engaged members, local authorities, the wider voluntary sector and the Department for Transport IDffl. This group has ensured that the data collected can be effectively utilised by 311 stakeholders, The survey opened on the 23 Nc)ve mber 2023 and ran until 26 February 2024. 302 organ isations returned the survey. The full report will be lau nched i n June 2024. Connecting Community Tran5POrt work with memberg has continued in 2023-2024 with region31 forums being held every four month5 across the 11 region5. Each region has a key research project which has been developed through engagement with members and stakeholders in the forums. This has also included working at an England level with the creation of 12 national projects. Working with our members in the East Midlands we have developed B guide which seek5 to provide clarity on the structu re of hea Ith in the a rea a nd provide key contacts to begin engaEement with the varioLS5 health organisations across the East Midlands. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 CTA is grant funded by the Dff to support community tran5POrt operators in England. We have an agreed workplan which aims to influence policy within Dff ènd wider governrnent and Increase awareness of the value of community transport. Examples of work we have completed with D include: Providing the evidence for the need for an uplift in the BSOG funding which led to 3 600A increase in the funding to Gr. Provid ing case stu dies for the FLtture of Trans port.. Rura I Strategy highlighti ng the potentia I role of cr. We have continued to build relationships with the SubNationaltransport bodies and during 2023-2024 Bcted as a commissioner for Transport East Rural Mobility Strategy. This strategy now includes a detailed section outliningthe role that CT could have in ensuring sustainability in rural areas. We have continued to workwith Transport forthe North and will be linking the CTA state of the sector research with their Social exclusion data to be able to highlight and map where Ct is supporting communities that are facing the highest levels of transport exclusion. CTA in Northern Ireland A large p3rt of CTA'S Northern Ireland INII work in 2023/24 wa5 5upparting aur members through the funding crisis which they were experiencing by leading a campaign forthe continuation of funding for the sector. This funding crisis was a Serious threat to the future sustainability and viability of the CT Sector. The influencing work continued once the funding for 23/24 was secured to try and prevent a similar set of circumstances happening 3gain and ensure lessons were learned to try and improve things for the future, Unfortunately, the lack of an executive / Eovernment did prove challenging. Key achievements include- CTA played a significant role in leading the campaign to secure funding for the sector in Nl and worked hard to support our members through this difficult time. CTAworked with Sinn Fein, DUP, and Alliance the three13rgest political parties in Northern Ireland-to highlight funding implications and sector needs. The Equality Impact Assessment IEQIAI on the proposed removal of funding based on the Departm ent's budgeta ry pre55ure). CTA su bm itted a detailed response, highlighting the potential adverse impacts of the proposed changes on the community transport sector and its users, especially those with protected characteristics under Section 75 of the Northern 5reland Act 1998. CtA also worked with its member5 to 5UPPOrt their re5pon5es and users of community transport responses, as well as with key civil society stakeholders in Northern Ireland, such as the Rural Community Network, NICVA, Women'ssupport Network, Women's Policy Group, RNIB and Chest, Heart and Strf)ke. A total of 284 responses were made in relation to the CDmmunity tran5POrt funding EQIA, and CTA worked proactively to support this high level of responses and tcj ensure that the voice of the community transport sector was heard. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 crA is Erant funded by the Department for Infrastructure IDFII to directly support the rural comtnunity tra nsport partnerships,. that is the focus of most of the Nl Director's role. CTA has been working to amplify the partnerships, work and build relationships with key sta ke holders, i ncluding NICVA, Volunteer Now, and diff erent disability rights-led orgon i53tions In N I CTA continues to provide bi-monthly secreta ri3t su pport for the RCPT managers, meeting5, and holds monthly CTA/members meetings. Given the differences between Nl and GB, CTA'S Nl Director continues to provide advice and support directly to member5. Successf u Ily secured f u nd ing th rough Nationa l Lottery Dorrnant Account5 Fund tci a ppoi nt a Research & Development Officer to undertake a mapping of the sector project- the first one in Nl since 2010. Supported our members to applyforfunding with the Nl sectorsecuring 3pproxim3tely £5.6 million tot31 funding from Motability, along with two partnerships successfully securing National Lottery f unding. Provided crisis support for organisation5 who have encountered difficulties including recruitment supportto appoint new managers. CTA'S Northern Ireland Director planned and hosted 3n event on 4 October 2023, commemorating the 25th anniversary of the Rural Transport Fund. This fund 5UPPOrts dial- a-liftiourneys delivered bythe Rural CommunityTran5POrt Partnership. The eventtook place at Stormont and featured notable speakers, including DFI'S Deputy Permanent Secretary, Julie Thompson, representatives from political pa rties, the comm u nity and volunta ry sector, CTA members, trustees, and community transport pèssengers. As part of the celebration, CTA also arranged for the illumination of Parliament Buildings and other civic structure5 across Northern Ireland. The event garnered positive teed back, em phasising the significance of community transport and our advocacy efforts. CTA in Wales Membershi Wales has around 120 CT operators, the vast majority of which are CTA members. Around half Of CTA'S members are prim3ry purpose providers, with the other half of our membership made up of chèrities and other orEanisations using transport to enable their core activitie5, and schools/local authorities. 2023 saw team Wales conduct the first 'state of the sector, style research project, mapping the Welsh CT sector and pullin6 together a data set from our members to support our development, influencing and policy work. The report from thi5 data will be published in 24/25. The data paint5 a powe rful pictu re of smèll, comm u nity-led, successf u l orga nisatio ns delivering more tha n 750,000 jou rneys per year despite low levels of core fu nd ing, redLtcing volu nteer num bers, and in incredibly challenging conditions. COMMUNITYTRANSPORT ASSOCIATION UK TRUSTEES REPORT Forthe year ended 31 March 2024 CTA Wales has supported operator5 bidding for fflecsi contracts, includirig providing advice and guidance around procurement processes and procedures, vehicle purchasing and management, accurate cost forecasting that a Iso compl ies with the CT regulatory iequirements, and governa nce and service management development. As part of sector capacity building work, internal and external funding bids have been supported/developed, including CTA'5 own bids to Rhondda Cynon Taf s Shared Prosperity Fund and Aneurin Bevan University Health Board, and externally alongside VEST, KDCCS, Age Connects Torfaen, Canolfan Maerdy, Dolen Teifi, O Ddrws i Ddrws, Denbigh5hire DAR, Green Dragon, Yr Orsaf, Ystradowen Community Centre, and Pértneriaeth Ogwen, amongst others. This area of work has includecj multiple online meetings and coproducing bid drafts as well as supporting operators with their interna I policies and procedu res development I good governance i55ue5 as appropriate, and some coach ing prior to onl ine calls with pros pective funder5. Team Wales h85 a Iso sUPPOrted many ope rators to develop a nd subm it funding bids to va rious third sector funders, with circa £2m secu red forthe CT sector in Wales this year. Advice su ort and develo ment work CTA Wales have 5UPPOrted the a55et transfer of 35 E-bikes into CT hands 3fter the closure of the Sustrans Cymru E-move project. Bikes have gone into four operators across Wales to be used in their communities This will be an invaluable capacity building opportunity for the CT sector hnd allow for the continuation and onward development of the invaluable work 5LlPParted by the Welsh Government and delivered by 5ustrans through E-move. Working with partners from Carmarthenshire, Ceredigion, and Pembrokeshire to tackle the significant impact of the withdrawal of the Bwcabus funding in the region, which has left a small number of passengers without any transport options at all. This has included liaison with CT operators, Local Authority off icers a nd elected off icia Is, Membe r5 of the 5enedd IE lin Jones & Cef in Cam pbelll a nd their representatives,. attendance of comm u n ity meetings to better u ndersta nd the impact of the withdrawal of the service,. and £oordin3tiDn of 3 new regional group to come together and collaborate on potential solutions. Working with partner5 on Yny5 Mon including CT ope rators, Th ird Sector representatives, Loca I Authority officers 3 nd elected off icia15, and Tfw colleagues to tackle the significant impact of the withdrawal of network bus routes formerly delivered by Arriva on the island. There 15 now an estoblished cross-settor working group made up of representatives from all partners and a number of sub-groups taking action forward Dn asset mapping, community development, service development, and resource gharing, with the aim of coproducing a community-powered, flexible, and demand responsive solution which blenrls with existing commercial 3nd community-led provision, We have worked in partnership with Cardiff and the Vale NHS University Health Board and local communitie5 impacted by the building of a new surgery in an area that lacks transport. Supporting all parties to find 5UStainable and affordable transport solutiOllS that meet the need5 of the Community. This includes working with 3 local operator and Cardiff Council. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Eve nts and inf luencin olic We were invited to join Pembrokeshire Association of Community Transport Operators IPACTOI as the keynote speaker to launch their new projects through funding awarded by the Motability Foundation and the UK Levelling Up fund, 'With You on your Journey,. Our Director for Wales has been a key part of several partner events this year, including.. Presenting at, 3nd subsequently chairing lin the second session), the Policy Forum for Wales June online event,'Next Steps for Climate Change Policy in Wales,. Participated in a rou nd table discu55ion led by Wa les Net Zero 2035 Challenge Group on 'How could people and places be connected across Wales by 2035,, a vibrant and challenging discussion that focused on the fu ndamental barriers people 3cr055 Wales a re facing arou nd SUStaina ble travel. Hosting a session within Wales Climate Week, featuring a Conversation with CTA member Pa rtneriaeth Ogwen on 'taki ng a wha le-commu nity approach to developing local IV tailored transport solutions,. This well-attended session created a n opportunity for stakeholders to get a better understanding of how CT providers take an asset-based and community-based approach to developing new transport solutions that are embedded in the needs and capacity of the commuriity they Se￿e. Joining the Si8ht Cymru Annual Conference as a panel member, presenting on inclusive transport opportunitie5 and then participating in 8 detailed Q&A with audience members. Presenting on the importance of accessible and inclusive transport at the Centre for Ageing and Dementia Research ICADRI national conference in Bangor on 6th March. In addition to the opportunityto raise the piofile of the CTsectorto such 3 key audience, the event has led to a number of connections to academics and other partner organisations which we hope will build our evidence base on the impact of inclusive transport, a key aspiration for us in 2024125. Team Wale5 responded to the following Welsh Government Consultations: J ust Tra nsition Framework Strategic Equality Pla n 2024-28 Dormant Assets Review Each of these responses retains the key messages we have been engaging with partners on since 2020, focusing on the importance of the cr sector and networkto enable equity for communities, our place as a key part of delivering a sustaina ble, inclusive. a nd integrated transport network tor Wale5, and the power of community-led approaches in both design and delivery. io COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 CTA in Scotland Scotland Our Mapping Scotland project continued to expand and evolve, building more data and evidence of un met tra nsport needs, while identifying ga ps and opportun ities where we tarEeted our ca pacity a nd efforts. New features were 3dded to our online, interactive Map of Community Transport in Scotland, such as vehicle manufacturers and other suppliers, It reached a major milestone of bein8 used more than 21,000 times. It has proven to be a high ly valuable and widely utilised resou rce acr055 ou r Sector a nd beyond. We developed and rolled out a new'lntro to CT, programme of training. It became a key part of our community outreach, engagement and development work. We delivered 8 bespoketraining sessions, including at the Scottlsh Rural and Island5 Parliament ir) Fort William, which reached over IDO individualsfrom at1east 40communities and organisations and led to nine newCommunityTran5POrt scheme5 in 2023124. Climate Action Our Climate Action programme de livered signif icant impact. We published a new report, Act Locol.. Comrriunity Tron5port, Clin7Qte Action ond Scotlond'5 Just TrGll51tion to Netzero, in September 2023. We gathered new analysis, case studies and data, which we used to share the story of community- led climate action and better engage with politicians, policymakers and funders. We built new communities of interest and practice in our Active Travel, Car Clubs and Electric Vehicles Foru ms, which created positive spaces for learning è nd peer support for ou r m embers. We produced new briefings and guides on Low Emission Zones and e~8ikes which members used to comply with regulations a nd develop new active travel projects. We 5ucce55fully lobbied for further public investment in Comm unity Tra nsport's transition to zero- emission vehicles through an additional £1.6m for Transport Scotland's Plugged-ln Communities Grant Fund Alongside other advice and support, this helped to fuel greatertowards a zero-emission national fleet. 18Yo of Scotland's Community Transport fleet is now electric, up from 12% in 2021. Health Communities We launched our new Healthy Communities programme in January 2024 to celebrate and improve the role and impact of Community Transport in delivering non-emergency patient transport and nurturing healthy communities. We spoke with our members about their challenges and ambitions, gathering views and ideas for future activities, We engaged with the Scottish Government to shape its Travel to Health Delivery Plan, which recognises the potential of Community Transport and has a central role for CTA. COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 We continued to engage with the development of the new NBtional Care Service to ensure it considers transport needs and we began to plan for further research and engagement with NHS Boards to encDLJrage and facilitate collaboration and partnership working with our sector. Events Ou r Events pro8ra mme, includi ng our Scotland Conference 2023 in G lasgow, and 17 online everlts, fro m forums to training, reached a total of 196 people across Scotland Our Scotland Conference wa5 our biggest and best yet with 75 in-person delegates, 3 Keynote Address from the Tr3n5port Mi n ister and 25 contributo rs. We worked hard to ensure participation and representation from a diversity of backgrounds, perspectives and organisations. 60AO of our Speakers were women and 80/0 were people of colour or from an ethnic minority. Celebratin Our Sectar We secured significant press and media coveraEe for our sector in Scotland in 2023124, raising 8wareness of the benefits and importance of Community Transport with new 3nd influential audiences. We appeared on BBC One's Morning Live and in the Guordron to talk about the success of new community-owned bus services being delivered by groups like Climate Action Strath3ven and Glenfarg Community Transport Group. We captured the attention of local press in Dundee and appeared on TayFM tDtalk about threatened cuts to an essential Shoppers Service forolder and disabled people in the city, which led to Dundee City Council revers ing their previous decision. We celebrated the first-ever Community Transport Week 2023 in October with events across the country. We facilitated visits to six local opèrators in Aberdeenshire, G la5gow, I nverness, Moray, Stirling and South Lanarks hire by five M5Ps f rom the Co nservatives, Labour and the Green5. 12 COMMUNITYTRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 FINANCIAL REVIEW Income Incoming resources were £1.36m12023, £1.52ml. 53% of this 15 grant funding income with the remainder comprised of membership fees, income earned from the sales of training, consu Itdncy and other services and advertising/corpor8te partnerships. Expenditure Operating expense5 were £1.56m 12023, £1.59ml. Of this figure, £858k was restricted fund expenditu re. Al I restricted f unding f rom each of the Scottish and We15h gavernments, and the RTF grant in Northern Irelond has been used 501ely forthe purposes intended and in accordance with the terms and conditions of grant. As a result, CTA produced a deficit of in year income over expenditure of £206k12023, deficit £66kl. CTA'S operating def icit on its u n restricted inoome before f u nd transfers was £27k12023, su rplus of £50kl. The i n year deficit resulted f rom expenditure on designated f und5 approved bv the trustee board, a nd restricted f u nds received in previous accounting periods. Investment policy Investment income relates to bank interest received frorn balances held on the dep051t account. In view of the level of average deposits it is not considered to be material to the charity's objectives. The cha rity's objectives are ma intai ned ma inly through grants 3 nd charit3ble trading income. Priority is given to the charity's need to maintain predefined levels of annual cagh flow to cover spending requirements incorporated in the latest business plan. Reserves policy and gosng concern The trustees have previously adopted 3 reserves policy, the objective of which was to protect CTA and its charitable activities by ensuring adequate liquidity while the organi5ation adjusts to changes in the financial and operating environment in the immediate short term Itwo to three monthsl. At the same time, the trustee5 wanted to ensure reserves were not too high in order to maximise the resou rces 3ppI led to cfA's charitable pu rpose, Following this policy, the trustees determined a target range of reserve5 of £200,000 to £290,000 in 2012113 Free reserves sat at £509,061 at the end of the last f i nancial year but have decreased in the 2023124 year through the operating deficit. Free reserves totalled £446k at the end of the 2023124 yea r, with total reserves reaching £815k 12023, £1.02ml 13 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Reserves policy and gotng concern (continuedl The Trustees arestillcommittedtc>the existing reserves policy and have identified ways in which the surplus f ree reserves can be invested back into the business to the bellef it of members. At the same time, the trustees intend to then replenish those reserves through improved income generation attivities over the next five years and have set bLtdgetary targets for 2024125 accordingly. The upper target level of free reserves of £290k was exceeded at the end of 2023/24. The balance sheet now has net cu rrent assets of £761k12023, £1,Oml. The Trustees regula rly review the circumstances of CTA and considerthat adequate resources continue to be available tofund the activities of the cha rity for the foreseeable futu re. The Trustees a re of the view that cfA is a going concern for the futu re. Total funds held on 31 March 2024 were £815,24312023, £1,021,5311. The categorisation and PLtrpose of these fu nds is as follows- 2022123 2023124 Unrestricted Reserves General Reserve being the accumulated su rpluse5 of the organigation Designated Reserve l- being a fund to cover the organisation's fin3ncia I commitme nt to the costs of developing drivertraining services Designated Reserve 2- being a fund to support the delivery of projects in Wales du ring 2024/25 Designated Reserve 3- being a fund to support the delivery of projects in Scotland during 2024125 £509,061 £446,915 £ioo,000 £58,000 £30,000 £5,146 Restricted Reserves Dff Minibu5 Project Fund being a fund provided to cover costs associated with the administration 3nd distribution of the Dff's minibu5 purchase grants. Big Lottery Fund being a fund to support digitisation of the CTA'S adm in processes Electric Vehicle Fund - bèi ng a fund to su pport the purchase of electric vehicles for members in Wale5 £178,269 £94,048 £5,000 £25,OL)O £25,000 Social Care Winter Pressures Fund - being a fLind for distribution to members in W3le5 to 5UPPOrt community activities in winter £87,590 £87,590 14 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Western Valleys Funding - being a fu nd to pilot demand responsive transport solution that will connect communities across the valleys £40,310 £37,787 Transport to Health Project Fund being f u nding received from the Aneu rin Bev8n Health Board to continue to develop the Gwent Transport to Health Project £47,088 £13,929 Tackling Loneliness being a fund to 5UPPOrt various pilot schemes in order to develop evidence on how community transport can reduce the number of people feeling lonely acros5 communitie5 in England £29,213 Nl Dormant Grants Fund being a fund to 5UPPDrt the delivery of community tran5PQrt guidance and advice in Northern Ireland £16,823 TOTAI £1,021,531 £815,243 Whilst unrestricted re5erve5 are currently higher than the policy bound3ries, the tru5tee5' intention is to use the surplus reserves to continue the proEramme of investing in its digital assets, and the modernisation And developinent of its drivertraining products. Across the year, there was a net outf low of cas h from the orga nisation of £330, 263. Fundraising CTA derives its income from the following Lore sou rces.. goverr)ment and other grant fu nding, membe rships, reta iling se rvices to mem bers leg d river train ingl, a nd corporate advertising in publications and at event5. To this end, theorgani5ation does not engage in raisingfunds directly from the general public or indirectly through a fundraising agent. As such, there is no expenditure from the charity's resources on raising funds directly from the public. 15 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 FUTURE PLANS Last year we refreshed our Vision, Mission, and Values. Throughout the year, the four pillars of CTA became better integrated into our work across all nations. The next step is to work with the Board, Staff, and member5, to establish a 5-year st¥ategic direction from which we can derive annual o rganisational KPI5. In 202415 we will host a 'MiDAS 30 Birthday, event with our partners at Hampshire County Council, continue to develop MIDAS Accessible and PAT5 (passenger a55i5tance training scheme) training to complement the transformed standard MIDAS, and continueto grow our network of traininE centres. CTA will review and improve efficiency in terms o* how we issue permits and continue to work with member feedback on the new membership structure. There will be a launch of a new website which will be better equipped to serve the needs of our membership and anyone with an interest in Coynmunity Transport. And, with a UK general electiorl on the horizon, we will continue to use our manif esto to ensu re that Community Transport is an issue wh ich all political pa rties are familiar with, along with the needs of our Sector. 16 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 REFERENCE AND ADMINISTRATIVE DETAILS Trustees Appl ications for trustees h ip a re sought by advertisement. Trustees serve for a n in itial three yea rs a nd can be re-elected lor a further three year period. The board ha5 the power to appoint additional trustees as it considers fit to do so. The trustees serving during the year and sincethe year er)d were: Alan Jones (Chairl Sue Leighton (Vice Chair} Alison O'Dornan (Treasurer} Chris Kutesko Oxana Grishina Steven Cra ker Susan Dever Martin Heffer Andrew Grieve lappointed 3 January 20241 Martin Duffy Iresigned 6 December 20231 Elizabeth Esnouf (resigned 6 December 20231 Nigel Hinch IresiEned 21 May 20241 Chief Executive Victoria Armstrong Registered olfice 91 Prince55 Street Manchester MI 4HT Auditors Dains Atsdit Lim ited Suite 2, Albion House 2 Etru ria Off ice Village Forge Lane Etru ria Stoke on Trent 5T1 5RQ Bankers Charitie5 Aid Foundatio n Ban k 25 Kings Hill Avenue West Malling Kent ME19 4JQ The Royal Ba nk of Scotla nd plc I Corporat ion Street Hyde SK14 IAQ 17 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Finance, legal and bu5ine5s advi50rs Counterculture Partnership LLP Unit NH.204 El Studios 7 Whitechapel Road London El IDU Charity numbers 1002222 (England & Wales) SC038518 (Scotlandl Key manogement personnel: Victo ria Armstrong Roger Goodwin Ca roll ne Whitney Gemma Lelliott Noeleen Lynch David Kelly Chief Execut ive Director of People & Operations Director for England Director for Wales Directorfor Northern Ireland Director for Scotland 18 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 STRUCTURE. GOVERNANCE & MANAGEMENT Governing Document The Community Transport Association UK ICTAI is a Charitable Incorporated Organisation, £overned by its constitution dated 29 July 2019, and amended on 19 November 2019. It is registered as a charity with the Charity Commission. The charity's objectlve 2nd it5 principal activity continue5 to be to relieve age, financial hardship, ill-health or disability by the provision of education and support to charitable bodies or persons who supply transport to groups or individua15 in need of such relief. Appointment of Trustees As set out in the CIO constitution, the Board is composed of u p to six Trustees elected by the members from among candidates nominated by the Governance Committee at least two of whom must be based in two of either Wales, Scotland, or Northern Ireland. The Board may also co-opt up to a further five Trustees to meet such ski115, experience and diversity requirements a5 the Governance Committee may trom time to time specify. The Chair, Vice Chair and Treasurer are selected from amonESt the Trustees. When considering co-opting trustees, the Board has regard to the requirement for any specialist skills needed. Trustee Induction and Training Induction of new members of the Board is a shared responsibility between the Governance Committee, the Chair, external clerk to the Board and the senior management team. In Autumn 2021 the Board refreshed their ir)duction process,. introducing a full Board induction and development day to connect new and existing Board members which will refresh knowledge of the role and respon5ibilitie5 of trustees and under5t3nding the current work and Lontext of cfA. Trustees can also be briefed on the govern3nce strL*Cture of CTA aiid its committees and deci5ion-making processes, the current strategic objectives ancl the recent financial pe rformance of the cha rity, This will be supported by orientation, meeting key staff and visits to member org3nisations Iphysically or virtually). An ongDing trustee and 803rd development programme will be 3greed for 2025 19 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 Organisation The Board of Trustees administers the charity. The 803rd meets qu arterly and there a re su b committees covering Governance, Policy, and Finance and Audit. The committee5 also meet on a quarterly ba51s. A Chief Executive is appointed by the Trustees to manage the day-to~day ope rations of the chè rity. To facilitate effective operations, the Chief Executive has deleEated authgrity, within terms approved by the Trustees, for operations including finance, em ployment, external relations, pu blic policy a nd public affa irs and other re lated activity. Related Parties and Co-operation with Other organi5ations None of the trustees receive remuneration or other benefit from their work with the ch3 rity other than reimbursement for out of pocket expenses. Any potential connection between Trustees, senior managers, or thei r extended families and any potential related p3 rty must be disclosed ta the f ul l Board of Trustees. In the cu rrent year, r)0 such related party tra nsactions were reported. Pay Policies for Senior Staff The Trustee5 consider the Trustee Board and the senior mènagement team to comprise the key management personnel of the charity in charge of directing, controlling, running and operating the charity o n a day to day basis. All Trustees give of thei r time freely a nd nD Trustee received rem uneration d uring the year. Deta ils Df Trustees, expenses and related party transactions are given in notes 9 and 11 to the accounts. The pay of the sen ior staff is subject to the orEa nisation's interna I pay policy, a pproved by the Board in Ma rch 2019. The pol icy sets out the orga n isatio n's pay scales, role evaluation criteria, and how any cost of living award is considered and implemented by the Trustee Board. In view of the nature of the charity, the Trustees specifically benchmark the Chief Executive'5 Pay against levels in other similar Sized membership orga nisations. Deta ils of the tota I remu neration and expenses received by sen ior staff mem bers are provided in note 9. Principal Risks and Uncertainties The trustees have a risk m3n8gement strategy that comprises- A regular review by the Finance and Audit Committee of the principal risks and uncertainties that the charity faces,. The establishment of policies, Svstems, and procedures to mitigate those risks identified- and The implementation of procedures designed to minimise or manage any potential impact on the charity should those risk5 materialise. 20 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 March 2024 This work has ident ified the f ollowing five key risks for the organisation.. Poor data and digital infrastructure Cyber Security Vulnerability of earned income Failu re to ma ke measurable progress on key issues identified by mem bers as priorities for po licy attention Internal admi nistrative sUPPOrt for member services The trustees receive a quarterly update on the significant risks and the management 5trategie5 in place to m itigate them. As 3 result, the Trustees are conf ident that the identif led key risks are controlled. 21 COMMUNITY TRANSPORT ASSOCIATION UK TRUSTEES REPORT For the year ended 31 Mar¢h 2024 10. STATEMENT OF TRUSTEES, RESPONSIBILITIES The charlty trustees are responsible for preparing a trusteeg annual report and flnanclal statements in accordance with applicable law and United Kingdom Accounting Standard5 Iunlted Kingdom Generally Accepted Accounting Practice}. Charity law requlres the diarity trustees to prepare accounts for each flnanclal year which give a true and falr vlew of the state of affairs of the charlty and cf the incoming resources and appllcation of resources. includingthe income and expenditure, of the charityforthat period. In preparing these accounts, the trustee5 are required to: • selett suitable accounting polictes and then apply them consi5tently& observe the methods and principles in the Charities SORP 2019 IFRS 1021; makejudgements and e5tlmate5 that are reasonable and prudent; State whether applicable UK Accounting Standard5 have been followed. subject to any materlal departures disclosed and explalned in the accounts. prepare the financi315tatements on the going con￿rn basis unle55 it is inapproprlate to presume that the charlty wlll continue In operatlon. The trustees are responsible for keeping proper accounting records that dlsclose with reasonable accurary at any tlme the financlal posltlon of the charlty and to enable them to ensure that the accounts comply wlth thè Charities Att 2011, the Charltles (Accounts & Reports) Regulations 2008, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for tsklng reasonable steps forthe prevention 2nd detection of fraud and other irregularities. The trustees are responsible for the maintenance and inteErfty of the charity and flnancial Informatlon Included on the chartys webslte. Leglslatlon in the United Kingdom 8ovemlng the preparation and dissemination of financtal statement$ may differ from legislation In other jurisdlctlons. Approved by the Board of Trustees and sl£ned on its behalf an Jones 11 September 2024 COMMUNITYTRANSPORT ASSOCIATION UK AUDITORS REPORT For the year ended 31 March 2024 Independent Auditols Report to the Trustees of Community Transport Association UK Opinion We have audited the financial statements of Community Transport Association UK {'the charitv) for the year ended 31 March 2024 which comprise the Statement of Financial Activities, Balance Sheet, the statement of cash flows and the notes to the financial statements, including a summary o* Signif icant accou nting polictes. The fina ncial reporting f ramework that has been applied in their preparation is a pplicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Finoncial Reporting 5tondard applicjble in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: give a true and fair view of the state of the charity's affairs as at 31 March 2024, and of its incoming resources and o pplication of resources, including its income a nd expend iture, for the year then ended,. have been properly prepared accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requ irements of the Cha rities Act 2011. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUK} IISAS {UKII and applicable law. Our responsibilities under those standards are further described in the Auditorf5 responsibilities for the audit of the financial statements section of our report. We are independent of the charity 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 I n auditing the f inancial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the f inancial statements 15 appropriate. Based on the wo¥k we have performed, we have not identified any material uncertainties relating to events or conditio n5 that, individually or collectively, may cast significant dou bt on the Cha rity'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 responsibilitie5 and the responsibilities of the Trustees with res pect to going concern are described in the relevant sections of this report. 23 COMMUNITY TRANSPORT ASSOCIATION UK AUDITORS REPORT For the year ended 31 March 2024 Other information The trustees are responsible for the other information. The other informatio n comprises the information included in the tru5tees' report, other than the financial st3tements and our auditor's report thereon. Our opinion on the f inancial statements doe5 riot cover the other information and, except to the extent ot herwi5e explicitly stated in our report, we do not express a ny form of assu ra nce conclus ion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information 15 materially inconsistent with the financial statements or our knowledge obtained in the audit or othepNi5e appears to be materially misstated. If we identify such materi31 inconsistencies or appa rent material misstatements, we are required to determine whether there is a mate ria I m isstatement in the f inanci31 statements or a m aterial m isstatement of the other information. 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 noth ing to report in this regard. Matters on which we are required to report by exception We have nothing to report in respect of the following matters in relation to which the Cha ritie5 (Accounts & Reports) Regulations 2008 requ ires us to report to you if, in our opinion.. the info¥mation give n in the financia I statement5 15 inconsistent in any material respect with the trustees, report; or sufficient accounting records have not been ke pt- or the financial statements ar'e not in agreement with the accounting records; or we have not received al I the information and explanations we require for ou r audit. Responsibiltties of trustees As explained more fully in the trustees, responsibilities statement, the trustees 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 state ments that are free f rom materia I m isstatement, whether due to f raud or error. In preparing the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, a5 applic3ble, matterg related to going concern and using the going concern basis of accou nti ng unless the trustees either intend to liqu idate the charity or to cease operations, or have no realistic alternative but to do so. 24 COMMUNITY TRANSPORT ASSOCIATION UK AUDITORS REPORT For the year ended 31 March 2024 Auditor's responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act. Our objectives are to obtain reasonable a55urance about whether the financial statements as a whole are free f rom material misstatement, whether due to f raud or error, and to isstse 3 n Aud itors, report that i nclude5 ouropinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. M i55tatement5 ca n arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influe nce the economic decisions of use rs taken on the ba515 of these fina ncia I statements. Irregularitie5, including fraud, are instances of non-compliènce with laws and regulations, We design procedures in l i ne with our responsibilities, outlined above, to detect material mi55tatem ents in respect of irregula rities, including f raud, The extent to which our procedures are ca pable of detecting irregu larities, includ ing f ra ud is detailed below.. Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, i nclud ing f rdud a nd non-compliance with laws and regu lations, was as follows.. the senior statutory auditor ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations, we identified the laws a nd regu lations applicable to the charity through discu55 ion5 Wlth directo rs and other management, and from our commercial knowledge and experience ofthe 5ector,' we focused on specific laws and regulation5 which we considered may have a direct material effect the financial statements or the operations of the charity, including the financial reporting legislation, Charities Act 2011, taxation legislation, anti-bribe ry, em ployment, a nd environ mental a nd health and safety legislation,. we a55essed the extent of complia nce with the laws and regulations identif red above through ma king enquirie5 of management and inspecting legal corre5PQTTdence,' and identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliancethroughout the audit. We assessed the susceptibility of the charity's financial statements to material misstatement, includin obtaining an underst6nding of how fraud might occur, by.. making enquiries of management as to where they considered there was susceptibilitytc frèud, their knowledge of actual, suspected and alleged fraud,. and consideringthe internal controls in place to mitigate ri5k5 of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bia5 and override of controls, we.. performed analytical procedures to identify any unusuol or unexpected relationships. tested journ31 entries to identify unusual transactions. assessed whether judgements and assumption5 made in determining the accounting estimates set out in Note I were indicative of potential bia5,' and investigated the rationale behind significant or unusu31 transactlOnS. 25 COMMUNITY TRANSPORT ASSOCIATION UK AUDITORS REPORT For the year ended 31 March 2024 In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures wh ich included, but were not lim ited to: agreeing fi nancial statement disc105u res to underlying su pporting documentation,. reading the minutes of meetings of those charged with governance,. enquiring of management as to actual and potential litig3tion and claims,. and reviewing correspondence with HM RC, relevant regulato rs and the cha rity's legal advi50 rs. Bec3 use of the inherent Sim itations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-com pliance with regulation. This risk i ncreases the more that compliance with a13w or regulation is removed f rom the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non- compliance. The risk is a Iso greater reEa rding irregula rities occurring due to fraud rather than error, as fraud involves intentional concea Iment, forgery, collusion, omissio n or misrepresentation. Afurtherdescription Df our respon5ibilitiesforthe audit of thefinancialstatement5 15 located on the Financial Reporting Cou ncil'5 website at- www.frc,org.uk/aud itorsresponsibilities, This description forms part of ou r Auditors, report. Use of our report This report is made solely to the charitV'S trustees, as a body, in accordance with part 4 of the Charities (Accounts & Reportsl Regulation5 2008 Our audit WDrk has been undertaken so that we m ight state to the charit¢s trustees those matters we are required to state to them in an auditor's report and for no other purpose To the f u Ilest extent perm itted by law, we do not accept or 35sume respDn51bil ity to anyone other than the charity and the charity's trustees a5 a body, for our audit work, for th is report, or for the opinions we have formed. Dains Audit Limited Statutory Auditor. Suite 2, Albion House 2 Etru riè Off ice Village Forge Lane Etruria Stoke on Trent STI 5RQ 11 September 2024 Dains Audit Limited is eligible to act as auditor in terms of Section 1212 of the Companies Act 2006 26 COMMUNITY TRANSPORT ASSOCIATION UK STATEMENT OF FINANCIAI ACTIVITIE5 For the year ended 31 March 2024 Unrestri£ted Fund5 Total funds Year to 31 March 2024 Total funds Year to 31 M3rth 2023 General Funds Designated Funds Restricted Funds Income from: Notes Charitable Activities Other Trading Activities Other Income Investrnents 500,756 99,155 28.636 11,380 720,873 1,221,629 99,155 28.636 11,380 1,464,186 58,175 3,629 Total G39,927 720,873 1,360,800 1,525,990 Expenditure on., Raisin£ Funds CharitBble Activities 161,813 505,114 161,813 1,405,275 75,229 1,516,914 42,000 858,161 Total resources eypended 666,927 42,000 858,161 1,567.088 1,592,143 Net intome/lexpenditurel 127.0001 142,0001 1137.2881 1206,2881 166,1531 Transfers between funds 135,1461 35,146 Net movement in funds 162,1461 16,8541 1137,2881 1206,2881 166,1531 Total fundg brought forward 509,061 loo,000 412,470 1,021,531 1,087,684 Total funds carried forward 446,915 93,146 275,182 815,243 1,021,531 The charity has ryo retognised gains or10sses other than th,e results for the year a5 Set odt above. All of the activities of the ch.arity are tlassed as continuing. The note5 on pages 30 to 43 form part of these linancial 5tstementg 27 COMMUNITY TRANSPORT ASSOCIATION UK BALANCE SHEET As at 31 March 2024 Asat 31 Mar 24 Asat 31 Mar 23 Fixed assets Notes T2ngible asset5 Inve5tmÈnt 13 14 53.886 loo 53,986 18,439 loo 18,539 Current a55ets Stocks Debtors Current Investments Cash at bank and in hand 15 16 17 24 3,459 278,416 208,641 470,363 960,879 14,758 192,566 204,980 800,632 1,212,936 Creditors. amount5 f611ing d ue within one ye3r 18 {199,6221 1209,9441 Net current assets 761,257 I,OQ2,992 Net assets 21 815,243 1,021,531 Funds Unrestritted fundg 22 446,915 509,061 Designated Funds 22 93,146 loo,000 Re5tritted funds 22 275,182 412,470 Total lund5 815,243 1,021.531 The financial statements were approved and authorised for issue by the board uf trustees on 11 September 2024 and were signed below on its behalf: Ali50n O'Dornan Trustee The notes on pages 30 to 43 form part of these finantial statements 28 COMMUNITY TRANSPORT ASSOCIATION UK STATEMENT OF CASII FLOWS For the year ended 31 March 2024 2024 2023 Notes Net cash provided by/lused inl operating activities 23 1274,9141 58, 166 Cèsh flows from investing activities.. Pur£hase of fixed a55ets Purchase of current investments Sale ol current investments Net cash provided by IIu5ed inl invegting activities (51,6941 1124,1481 120,487 {55,3551 126,2991 1206,4831 205,363 127,4191 Chayge in cash and cash equivalents in the year 1330,2691 30,748 Cash and cash equivalents at the beginning of the year 800.632 769,884 C25h and cash equivalents at the end of the year 24 470,363 800,632 Analysis of changes in net debt l April 2023 C35h f lows 31 March 2024 Long-term borrowings Short-term bDrrowing5 Lease liabilities Cash and cash equivalents 1800,6321 330,268 1470,3631 Total net debt 1800,6321 330,268 1470,3631 The notes on pages 30 to 43 form part of these financial statements. 29 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 l. Accountittg policie5 Community Transport Associ3tion UK ICTA UK), which is a charitable incorporated organi5ation and limited to £1 per member ha5 adopted the following accounting policies- al Basis of accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statemerit of Recommended Practice applicable to charities preparing their 2ccounts in accuidance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 lissued in October 20191 (Charities SORP FRS 1021, the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, the Charities Act 2011 and UK Generally Accepted Accounting Practice. Assets and liabilities are init'ially recognised at historical cost or transaction value unless otherwise stated in the relevant accountirlg policy notel51. b) Publit Benefit Entity Community Transport Association UK meets the definition of a public benefit entity under FRSIO2. cl Going Concern The COVID19 pandemic had an impètt on the revenue5 f rom driver training products ènd minibu5 peimits, thoush the cfA WJS able to make BPPFopriate overhead redurtions to mitigate the lost income 25 we513S Utilising unrestricted reserves. Produrt saleg have now returned to pre pandemic leveS5. The trustees consider therefore that there 3re no material uncerlaintie5 Bbout the charity's ability lo continue as è going concern_ dl Group Financial Statementg Group accounts have not been applied 3S the ch3rity's subsidiary is permitted to be excluded f rom group accounts by virtue of being dormènt. Tnese financial stgtement5 therefore pros@nt information about the charity as an individu31 undertaking and not its group. e} Legal statu5 of thè charity The charity is a charitable incorporèted orgariis2tion and has no share copital. In the event of the charity being wound up, the liability in respect of the guarantee 15 limited to £1 per member of the charity. f) Income All incoming resources are included in the Statement of Financial Activitie5 when the chaf ity is legally entitled to the i ncome nd the amount Can be quantified with reasonable accuracy. Where income is received in respect of a futurÈ pèriod, the amounts are reflected within deferred i ncome. For legacies, entitle.ment is the eai-lior of the charity being notified of an impending distribution or the legacy being received. Gifts in kind donated for distributivn dre included at valuotion and recognised as income when they are distributed to the projects. Gifts donated for resale ère included ds income when they are received. Donoted facilities are included at the value to the Charity whÈrÈ this car, be q￿antIfied and a third party is beari ng the cost. No amount5 are included in the fi nancial statements for services donated by volunteers, g} Government Grant Income Income from government grant5 are included in restricted funds and reco8ni5ed when the charity lias entitlement to the funds, its receipt is prDb2ble and its amount can be me3svred reliably. 30 COMMUNITY TRANSPORT ASSOCIATION UK NOTE5 TO THE ACCOUNTS For the year ended 31 March 2024 h} Fund accounting General funds are unrestricted funds which are available for use at the discretlDn of the trustees in the furtherance of the general objectives ol the charity. Designated fu nds 2re uriregtricted fu nds which h3ve been designated for a gpecific purpose. Restricted funds are f unds which are used in accordance with Specific restrictions IrnP05ed by donors. il Expenditure Expenditure is recogni5ed once there is a leg31 or constructive obligation to make a payment to 3 third party, it is probable thèt sÈltlement will be required and the amount of the obl igation can be measJred reliably. Expend ilure is classified under the following activity headin8S'. Costs of ra,'sing fu nds comprise the cost of commercial t", ading 3Ctivities iNcludinE monthly journal production costs, corporate advertising costs, insurance commission costs and the costs associated with consultancy work. Expenditure on charitable 3Ctivities includes costs related to government gran.ts, memberships, member services and support, and training and conferenGe5. jl Allocation of support costs Support C95ts are c05t5 that cannot be directly attributed to P8rlicular headinE5 and have been allocated to activities on a basis consistent with use of the resources. These costs relate to functions that 3SSlSt the work of the charity but do not d irectly u ndertake ch3ritable activities. The method of 31location ttf support costs is shown in note 7. kl Operating leases Rental charEes are charged on a 5trai8ht line ba515 over the term of the lease. 11 Tangible fixed assets and depreciation Tangible fixed assets costi ng mDre than £100 are c3Pltalised at C05t. Depreciation 15 provided on the cost of the tangi ble fixed 3s5et5 at rates calcL.lated to write off their cost, less residual valLJe, on a straig4t line ba515 over their expe.cted life-span 3s follows.. Computer equipment and software over 3 yea", s Fixtures ano f ittings ower 3 to 5 years ml Stock Stock consist5 of purchased goods for resale. Stock 15 Valued at the I0￿￿er of cost and net reali53ble value, nl Debtors Trade and other debtor5 Ire recogni5ed at the settlement amount due ?fter any trade discount offered. Prepzyments are valued at the amount prepaid net of any trade di5codnt5 due. 31 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year endeif 31 March 2024 o) Current asset Investments Current asset investments are short term highly l iquid investments and are held at fair value. ThÈse include cash on deposit and cash eq uivalents with a m3turity of less than one year, p) Cash at bank and in hand Cash 3t bank dnd cash in hand includes c35h ènd short term high ly liquid inve5tmentS Wlth a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. ql Creditors and provisions Creditors and provi51Dn5 are recognised where the charity has a present oblieation resEJlting from 2 past event that will probably result i n the transfer of funds to a thi rd party and the amount due to settle the obligètion can be measured or estimated reli3bly. Creditors and provisions ar e norma Ily recognised at their settlement amount after allowing for ony tiade discount5 due. r} Pension costs The charity operates a d@*1 ned contribution scheme that IS 8Uto-enrolment compliant. Contributions are chargÉd to the SOFA as they become due and are managed by a third party. sl Value Added Tax The Charity is règistered for VAT. Income and expenditure is shown excluding VAT except to the extent that VAT is not recoverable. tl Judgements made by Managemettt In the process of applying the above accounting PDlicies the mana8ement have made the following judgements in prepari ng the fi nancial 5tatements', 2024 2023 Stock write off provision Bad Debt Provision 17,537 20,024 1,973 5,405 ul Financial in5trument5 The chdrity only has financi31 assets and financial liabilitie5 of 3 kind that qualify 25 basic financial instruments. Basic f inancial instru ments are initially rocognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 32 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 Income from charitable activities 2024 2023 Restricted Grènts reteived (see note 61 720,873 720,873 1,086,917 1,086,9 17 Unrestricted Memberships Member services & Support 182,908 317,848 500,756 174,329 202,941 377,270 Income from other tradTng actlvitles 2024 2023 Consultancy Fees Monthly Journal Sub5cription5 AdvertisÈment Fees Ingurance Commission Sundry Iyi come 29,055 20,787 32,313 17,000 16,667 23, 188 1,320 17,000 99,155 58, 175 Other income 2024 2023 EU Connecting CommJnitie5 grant not repaid 28,636 28,636 Investment income 2024 2023 Bank Interest 11,380 11,380 3,629 3,629 Grants received The charity enjoys a close working relationship with each of the Government bodies of the Ufjited Kingdom who provide fun.din£ to enable the charity to carry out its charitable objectives. Funding hès also been received from non-government cow,merci31 entities. The i oliowing is 3 5urnmary of the fund ing provided by these entities. 2024 2023 Department for Transport Grant Scottish Government Gr2nt Departrntsnt for Inf rastructure INI) Grant Welsh Assembly Government Grant Tackling Loneline55 Tr3nsport to Health Fdndin8 Nl Dormant Grants 200,000 165,620 55,100 222,719 200,000 138,837 55,100 216,646 476,334 50,000 27,434 720,873 1,086,917 33 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 Analysis of Expenditure 2024 C05t Staff Costs Other Costs Governance Support costs CDsts 2024 Total 2023 Total Sales Raising Funds 25,006 25,006 74,668 74,668 1.225 1,225 60,914 60,914 161,813 161.813 75,229 75,229 Charitable Activities.. Grant Expenditure Memberships Member Service5 & Su pport Designated costs 709,486 30,484 73,859 158,086 184 10,661 377 120.0721 112,366 195,265 858,161 1,133,815 143,411 115,021 361,703 198,078 42,000 70.000 287,559 1,405,275 1,516,913 41,080 49,479 42,000 249,749 2,020 41,080 813,829 13,058 41,080 838,835 324,417 14,283 348,473 1,567,088 1,592,142 Analysis of Expenditure 2023 Cost stsff Costs Other Costs Governance Support costs Costs 2023 Tot31 2022 Tot31 Sales Raising Funds 24,700 24,700 23,912 23,912 556 26,061 26,061 75,229 75,229 106,143 106,143 556 Charitable Activities,. Grant Expenditurè Memberships Member Services & Support Designated Costs 533,735 36,437 20,478 41,090 40,000 30,000 44,384 630,650 593,550 522,389 71 12,089 418 65,601 1,133,815 3,268,987 78,096 115.021 52,628 90,913 198,078 160,412 70,000 234,610 1,516,914 3,482,027 44,384 1,213 13,720 44,384 655,350 617,462 14,276 260,671 1,592,143 3,588.170 Of the total expenditure, £708,927 was unrestricted12023.. £458,3271 and £858,161 was restricted12023.. £1,133,816). The supporL cost5 h3ve first been allocatèd against the grènt funded activities and then on the b3sis of activity income. The governance coste have first been allocated against the cost of raising funds and then on the basis of activitv expenditurÈ. n additlOEI to thè st3ff costs above, there are z f urther £137,91712023.' £85,0911 which are included in support COSts. 34 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For tho year ended 31 March 2024 7. cont. Support Costs can be analysed as follows,. 2024 2023 staff costs Facility costs Office c05ts Travel, sub5iStence & meeting cosls Legèl & profe55ion81 IT/Web5ite costs Sundry costs 137,917 30,013 31,081 16,706 46,377 27,738 58,641 348,473 85,091 24,484 36,075 6.369 38,559 31,374 38,719 260,671 Net Income/lexpenditurèl for the year 2024 2023 Thi5 15 stated after charging/ Icreditingl: Depreciation Oper3ting le39e renl81s property Operating lease renta15 equ ipment Bad debts incurredllrecoveredl Loss on dispossl of fixed asset Aud itors remuneration." Audit Corporation Tax Computation 16,247 38,112 1,337 14,620 7,641 33,103 1,757 15,1101 12,086 6,800 6,800 35 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 Analysis of statf costs, trustee remunEratiorJ and expenses, and the cost of key management personnel, 2024 2023 Staff costs were as follows.. Salaries and wages Soci31 security Costs Employer's contribution to a defined contribution pension scheme Other forms of emplDyee benefits 859,300 76,512 35,676 5.264 976,753 642,866 60,392 26,199 10,984 740,441 The following number of employees received tot31 employee benefits (excl uding employer pension cost51 du rin8 the year between.. 2024 No. 2023 £60.000 - £69,999 £70,000- £79,999 £80,000 - £89,999 The total employee benefits including pension contributions of the key management personn&l were £348,991 12023.. £292,080) The charity trustees were not paid nor received eny othÈr benefits f rom employment with the charity in the year12023'. £nill. No charity trustee receivèd payment for professional or other services su pplied to the charity12023: £nill. Trustee5' expenses represent the payment or reimbursefftent of travel and subsistence costs totallinE £1,542 12023.. £2,666> incurred by 712023," 81 trustees relating to 2ttend8nce at meetings of the trustees. io. Staiy Numbers The average number of employees Ihe3d count based on st2ff employed) during the year was as follows.. 2024 No. 2023 No. Ra15ing Fund5 Grant Funded Activities Memberships Member Service5 and Support Governance Support 18.1 15.6 25.2 20.5 36 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNT5 For the year endÈd 31 March 2024 ii. Related Party Transactions The charity had no transactions with related parties d uring 202412023-. £ni11. The charity ha5 a subsidiary company CtA Tradi*g Limited which was dormant throughout 2023 and 2024. As at 31 March 2024 the amounts owed by the subsidi3ry amountod to £nil12023'. £nill. The assets arid liabilities of the su bsid iary were.. 2024 2023 Current a5set5 Creditors.. èmount5 falling due within one year loo loo Total net a55etS loo loo Aggregate share capital and reserves loo loo 12. T3xation The charity is exempt f rom torporation tax a5 311 of its income is charitable 8nd is applied for charitable purposes. 13. Tangiblo Fixed A55et5 Computer Equipment and software Fixtyres & Fittlngs Total Cost At l April 2023 Additions Disposals At 31 March 2024 81,913 51.694 14,513 96,426 51,694 133,607 14,513 148,120 Depre£iation At l April 2023 Charge for the year Disposals At 31 March 2024 66,298 15, 129 11,689 1,118 77,987 16,247 66,298 11,689 77,987 Net book value At 31 Marth 2024 52,180 1,706 53,886 At 31 March 2023 15,615 2,824 18,439 Capital expenditu re contracted for, but not provided for in the fina ncial statement5, was £nil12023'. f nil). 37 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 14. Investment The charity'5 investment of £100 relates to the IOOY. holding in its wholly owned subsidiary, CTA Trading Limited. Isee note 111 15. Stock 2024 2023 Purchased 8ood5 for resale 3,459 3,459 14,758 14,758 The value of stock impaired at the year end w45 £ 15,56412023.. £2,055). 16. Debtors 2024 2023 Trade debtors Other Debtors Prepayments & Accrued Income Other Taxes 125,385 1,684 140,802 10,545 54,745 864 136,957 278,416 192,566 17. Current Investments 2024 2023 Carrying val ue and market value at the beginning of the year Additions to investment5 at cost Sale of current irlvestments 204,980 124,148 1120.4871 208,641 203,860 206,4S3 1205,3631 204,980 18. Creditors". èmounts falling due within one year Amounts due to subsidiary undertaking Trade creditors other taxation and social security 2024 2023 loo 68,185 21,153 loo 46,288 21,318 Accruals Deferred income Sundry Creditors 84,710 25,000 474 115,693 26,545 199,622 209,944 38 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 Marth 2024 19. Deferred Income Deferred income comprises corporate SU Pporter income and trainer agent fee5 which are spread over the period to whic4 they rel3te, plu5 any conference i ncome invoiced in adv8nce. 2024 2023 Balance brought forward Amount released to income in the year Amount deferred in the year Balance carrièd forward 26,545 126,5451 25,000 25,000 23,010 123,0101 26,545 26,545 20. Financial Inrtruments 2024 2023 Financial a55ets measured at amnrtised cost Finaici31 liabilitie5 measured at 3morli5ed cost 914,685 1174,5211 1,156,188 1176,7521 Financial assets held at 8mortised C05t comprise trade debtors, Other debtors, èccrued in£ome, current asset investments and. cash at bank. Financial liabilities held at amortised cost comprise trade creditor5, sundry creditors, other taxation and Social security and accruals. The Charity's Income, expense, g61n5 and losses in respect of financial instruments kre.. 2024 2023 Total interest income for financial assets held at amortised cost TDtal ip.terest expense for financial liabilities held at 3mortised c05t 11,380 4.923 3,629 3,733 21. Analysi5 Ot group net assets betweèn funds - current year General Funds Designated Funds Re5tri£ted Funds Total Tangible fixed assets Current assets Cred itors due with in one year 53,886 592,651 1199,6221 446,915 53,886 960,979 1199,6221 815,243 93,146 275,182 93,146 275,182 Analysis of group net assets between funds - prior year General Funds Designated Funds Restricted Funds Tot31 Tangi ble fixed assets Current 355ets Creditors due within one year 18,439 700,566 1209.9441 509.061 18,439 1,213,036 1209,9441 1,021.531 100,000 412,470 ioo,ooo 1412,4701 39 COMMUNITY TRANSPORT ASSOCIATION UK NOTE5 TO YHE ACCOUNTS For the year ended 31 March 2024 22. Statement of tunds movement l April 2022 Incoming Resourtes Resources Experided Transfers 31 March 2023 Restricted fund5 Dept for Transport gr8Nt Scottish gov't grant Dept for Infr8Structure- NE grant Welsh gov't grant DFT tvinibus grant Big Lottery Fund Electric Vehicle Fund Western Valleys Fund 5o)cial Care Wintei Pressures FuAd Tran5POrt for Health Fund Tackling Loneliness Total restritted flsnds 200,000 138,837 55.100 216,646 1200,0001 1138,8371 155.1001 1216,6461 113.5101 Is.0001 191,779 10,000 25,000 45,000 87,590 loo,000 178.269 5.000 25,000 0,310 87,590 47088 29,213 412,470 14,6901 152.9121 1447,1211 11,133,816) 476,334 1,086,917 459,369 Unrestricted Funds General Funds Designated Fund MiDas Developrrtent Designated Fund CEO/Trustee Recruitvllent Total unrestricted funds 538,315 6CI,000 30,000 628,315 439,073 1388,3271 140,0001 130,0001 458,327 180,0001 80,000 509,061 loo,000 439,073 609,061 l April 2023 Incomsng Resources Transfers 31 March 2024 Resources Expended Re5trtcted funds Dept for Transport grant Scottish gov't grant Dept for In*rastructure- Nl grant Welsh gov't grant OFT minibus grant Big Lottery Fvnd Electric Vehicle fund Westerx Valièvs Fund SDcial Care Winter Pressur&s Fund Transport for Health Fund Tackling Loneliness Nl Dormant Grar)ts Total restritted funds 200,000 165,620 55,100 222,719 1200.0001 1165,6201 155,1001 1222,7191 184,2211 15,0001 178,269 5,000 25,000 40,310 87,590 47,088 29,213 94,048 25.000 37,787 87,590 13,929 12.5231 50,000, 183,1591 129,2131 110,6061 1858,1611 27.434 720.873 16.828 275,182 412,470 Unresrricted Funds Gener&1 Funds Designated F￿nd - PAiDas Development Designated Fund- Welsh Gov't add'l funding Designated Fund- Scotland Consultancy funds 509,061 loo,000 639,927 1666,9271 142,0001 135.1461 446,915 58,000 30.000 5.146 30,000 5,146 Total unrestricted funds 609,061 439,073 1458.3271 540,061 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 Purposes of restricted & dÈsignated funds The 4 Government grants are grants awarded in order to enable the charity to support charitable bodie5 or persons who supply tra nsport ro groups or individuals in need of mobi lity which would otherwise be denied. The DFT minibus grant rel8ted to a grant awarded i n order for the charity to administer the provision of minibuses awarded by the Departm ent of Transport to Various community tr3 nsport charities. All of the minibu5e5 have now been allotated and the balance of the grant is being used to fund fu rther DFT projects. The Big Lottery Fund relate5 to funding to be used to develDP 3nd improve the organisations infr35tructure. The Electric Vehicle Fund relatÈs to funding received from the We15h Government in order to administer and distri bute grants to members for the purchase electric vehicle5. The Western Valleys Fi&nd relates to funding for the CTA to pilot è demand responsive tr8nsport sol ution th3t will connect communities acr055 the valleys, supplementins gaps in existi n8 transport pro'ii5ion, in.cre3sing availability of accessible transpDrt for thDse with mobility needs, an.d driving behaviour change for those iu rrently Lising private transport. The Social Care Winter Pressures Fund relates to a grant from the Welsh Govern ment to 5uppgrt the delivery gf activities over tho winter months. The Transport for Health Fund relates to fundi ng f rom the Aneurin Bevan He31th B03rd in order to continue to develop the Gwent Transport to Health project, connecting patients, visitors and Staff with health settings across the health board's .ootprint. The Tackling Loneliness Fund su pports various pilot schemes in order to develop evidence on how community transport can red uce tle nu mber of people feeling lonely across ities in fngldnd. The Nl Dormant Grants funding relates to National Lottery Community Fundin£ for the mapping of the community transport sector I n N orihern Ireland. The de£igNated funds relate to funds set 3side to cover costs o I the MiOAS Development Project and costs relating to 2024125 projects in both Scotland and W3 es. 41 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 23. Reconciliation of net &ncome/lexpenditurel to net cash flow from operating activities 2024 2023 Net movement in funds Add back depreciation charge IProfitllLoss on disPOS31 of fixed ossets Ilncreaselldecrease in stocks Ilncreaselldecrease in debtors In£rease/ldecreasel in creditors 1206,2881 16,247 166,1531 7,641 12,013 6,148 111,708 113,1911 58,166 11,299 {85,851} 110,3211 1274,914} 24. Analysis of cash and cash equivalents 2024 2022 Cash in hand Current accounts Deposit accounts 300 279.651 190,412 470,363 300 632,379 167,953 80Q,632 25. Operating lease tommitments A5 at 31 March 2023 rhÈ charity had futu re minimum lease payments under non-cancellable operating leases as Set out below: Property Equipment 2024 2023 2024 2023 Within one year i(lithin two to five years After more than five years 3,752 32,932 57,909 36 1,168 4,088 3,752 90,841 36 5,256 26. Pension Costs CTA operate5 a defined contribution pension scheme through Royal London. The scheme is fully compliant with auto- enrolment legislation. There are two versions of the scheme in Operation. For 311 employees who joined the scheme after thè auto-enrolment date of l October 2015, contri butions are split as 5% f rom the employer and 3Yo from the employeè. For employees who were member5 of the Scheme prior to the auto-enitslmen date, contributions are related to their longth of service rising to a maximum of 6D/. f rom the employer. In order for that version of the scheme to remain auto-enrolment compliant as the statutory contribution rates increase, emplDyees were required to make either a 2% or 3% personal contribution to the scheme from l October 2018. Total employer contributions to the scheme in the year were E35,67612023.. £26,1991 The tot213mounts paid into the Scheme in the year were £53,69012023.' £38,552). 27. Capital Commitments There ère no capital commitment as at 31st March 202412023.. £nill 42 COMMUNITY TRANSPORT ASSOCIATION UK NOTES TO THE ACCOUNTS For the year ended 31 March 2024 28, Comparative Statement of Financial Activity Total funds Year to 31 March 2023 Unre5trirted Funds Designated Funds Restricted Funds Income from., Notes Charitable Activities Other Trading Activities Investments 377.269 58,175 3,629 1,086,917 1,464.186 58,175 3,629 Tot31 439,073 1,086,917 1.525.990 Expenditu re on: R31511l g Funds Charit3ble Ac'ivitios 74.354 307.425 74,354 1.511,241 7Q,OOQ 1,133,816 Total resource5 expended 3SI,779 70,000 1,133,816 1,585,595 Net incoine/lexpenditurel 57.294 170,0001 146,8991 159.6051 Transfer5 between funds 180,0001 80,000 Net movement in funds 122,7aGI 10,000 146,8991 159,605 Tot31 funds brought forwèrd 538,315 90,000 459,369 1,087,684 Total funds carried forward 515,609 loo,000 412,470 1,028,079 43