OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator. This document is also available as Markdown.

2025-01-31-accounts

The Manningtree and District Community Bus Balance Sheet

As of January 31, 2025

Total

Fixed Asset
Tangible assets
MERCEDES SPRINTER BUS
Motor Vehicles Depreciation
Total Tangible assets
Total Fixed Asset
Cash at bank and in hand
BARCLAYS CURRENT
CAF FUND
CASH FLOAT HELD
Total Cash at bank and in hand
Debtors
Debtors
Total Debtors
Net current assets
Creditors: amounts falling due within one year
Current Liabilities
Notes Payable
VAT Control
VAT Suspense
Total Current Liabilities
Total Creditors: amounts falling due within one year
Net current assets (liabilities)
Total assets less current liabilities
Total net assets (liabilities)
Charity funds
Bus Fund
Equity Balance
Surplus/(Deficit)
Total Charity funds
6,896.00
0.00
£ 6,896.00
£ 6,896.00
29,687.12
71,250.97
114.61
£ 101,052.70
686.75
£ 686.75
£ 101,739.45
0.00
0.00
-15,365.12
-£ 15,365.12
-£ 15,365.12
£ 117,104.57
£ 124,000.57
£ 124,000.57
54,873.28
37,258.38
31,868.91
£ 124,000.57

Thursday, Sep 04, 2025 03:25:25 pm GMT+1 - Accrual Basis

The Manningtree and District Community Bus Financial Activities

February 2024 - January 2025

Total

Total
Income
BUS INCOME
MEMBERSHIP FEES
OUTINGS AND GROUPS
SHOPPING
Total BUS INCOME
BUS REPLACEMENT FUND
Charitable activites
DFT GRANT
ECC SCHEME
OTHER GRANTS
Total Charitable activites
Donations and legacies
BUS DONATIONS
Legacies / other donations
Total Donations and legacies
Total Income
Total
Expenditures
AGM / HALL COSTS
EXTINGUISHERS SERVICE
GENERAL COSTS
10 WEEK CHECKS
BUS MAINTENANCE
DIESEL
MOT & ROAD TAX
Total GENERAL COSTS
Insurances
MOTOR & LIABILITY
VEHICLE INSURANCE
Total Insurances
Office/General Administrative Expenditures
REPAIR MAINT FOR BUS
Uncategorised Expense
Total Expenditures
Net Operating Income
Net Income/(Expenditure)
0.00
530.00
6,984.75
2,730.00
£ 10,244.75
23,000.00
0.00
692.92
614.90
1,850.00
£ 3,157.82
0.00
129.50
396.97
£ 526.47
£ 36,929.04
£ 36,929.04
138.58
67.90
0.00
0.00
1,216.69
1,826.72
220.00
£ 3,263.41
0.00
918.08
269.16
£ 1,187.24
168.00
40.00
195.00
£ 5,060.13
£ 31,868.91
£ 31,868.91

Manningtree and District Community Bus

Notes for end of year accounts Jan 2025

1. Balance Sheet & Financial Activities statements

2. P&L detailed report

This is showing the complete year of entries from QuickBooks system

3. Bank Statements

The first one – this is a bill from Intuit QuickBooks – the DD is monthly (The fee for next year has increased to £16.00 plus VAT)

Following that – the monthly bank statements from Barclays – inside the sleeves are all the purchase invoices that relate

4. Bank Account

A detailed list of entries from QuickBooks

5. Cash Book

A detailed account of entries from the spreadsheet kept

6. CAF

This is the details of each month’s loss / gain – a total gain of £7760.06 was received for the year

7. VAT submissions

8. Sales Invoices

Copies of those sent out to service user groups

9. Debtors

Outstanding sales invoices yet to be paid as at year-end (all cleared and paid by 12[th] March 2025)

*

We received a grant from the Lotto Fund of £20,000.00 in November 2024

This is shown and included in the Bus replacement fund account – the other £3,000.00 was from the Essex Community Fund

This is the reason for the exceptionally high profit amount

If we look at the two main grants that total£23k and the local council grants received of £1,850.00 the realistic profit is around £6.5k

The VAT amount of £15,205.00 was paid as a deposit, and the VAT was reclaimed and received back in on 25[th] February 2025 (shown as VAT due on the balance sheet for end Jan 25

MANNINGTREE AND DISTRICT COMMUNTfY BUS Charity Number: 1042006 Independent examiners Thport to the T￿￿teeS ExatDiner's unqualified report (for a non-company charity preparing receipts and payments accounts) with a gross income of £250,IKXJ or less in the relevant financial year ended 31° January 2025 I report io the trustees on my examination of the accowits of the MANMNGTREE AM) DISTRICT COMMUNrrY BUS for the year ended 31° JaDuary 2025. Rryonsibililies and basis of reporL As the Charity Trnstees of the Th￿t, you are responsible for the preparation of the accounts. The Charity Th]stees have decided thai an audit is not required this year in accordance with the requirements of the Charities Act 2011 and that an independent examination is needed. I report in respect of my exami￿￿On of the Tmst's accounts carried oui w)der seoion 145 of the 2011 Act and in carrying out my examinatioTt I have followed all the applicable Directions given by the Chariry Commission under section 145(5)(b) of the ACL Independenl examiner's statement In connection with this examination these accounts. no matter h&% come to my allenuon which gives me cause io believe that in any tnaterial respect: l. Accounting records were not kept as Tequired by section 130 of the 2011 A￿ or the accounts do not accord with the accounting reqL7irements of the 2011 Act 2. 1 have no concerns and have come across no other mar￿$ in connection with the eLimi￿tiOn to which atlenuon should be drawn in this Eewjn in onler to enable a proper understhndiDg of the accounrs 10 be reached. Signed: Name: Richard Martin Address: 2, B[￿kS Malting. Kiln LaDe, Matmingtree. COII IHP Date: 12° April 2025