2023-03-31-accounts

Trustees		Ms M Clare
		Mr G Brookes
		Mrs E C Boycott
		Ms RWard
Secretary		Ms M Clare
Charity number		1044133
Company	number	02794243
Registered	office	The Old Dairy
		Pelsall Lane
		Little Bloxwich
		Walsall
		West Midlands
		WS3 3DH
Auditor		Edwards
		34 High Street
		Aldridge
		Walsall
		West Midlands
		WS9 8LZ
Solicitors		Enoch Evans	LLP
		St Paul's Chambers
		6-9 Hatherton	Road
		Walsall
		West Midlands
		WS1 1XS

		Page
Trustees' report		1-4
Statement ofTrustees'	responsibilities
Independent auditor's	report	6-8
Statement offinancial	activities
Balance sheet		10
Statement ofcash flows
Notes to the financial	statements	12-21

			Unrestricted	Unrestricted
			funds	funds
			2023	2022
		Notes	F
Income and endowments	from:
Donations and legacies			118,296	75,831
Charitable activities			895,167	800,463
Other income			244,912	467,827
Total income			1,258,375	1,344,121
Charitable activities			1,252,289	1,192,296
Other expenditure			(2,128)	1,785
Total expenditure			1,250,161	1,194,081
Net income and movement	in funds		8,214	150,040
Reconciliation offunds:
Fund balances at 1 April 2022			190,546	40,506
Fund balances at 31 March 2023			198,760	190,546

					2023		2022
				Notes			f
Fixed assets
Tangible assets				12		250,458		208,344
Current assets
Debtors				13	144,871		102,291
Cash at bank and	in	hand			26,515		80,932
					171,386		183,223
Creditors: amounts		falling due within		14
one year					187,161		121,358
Net current (liabilities)/assets						(15,775)		61,865
Total assets less	current		liabilities			234,683		270,209
Creditors: amounts		falling due after
more than one year				15		(35,923)		(79,663)
Net assets						198,760		190,546
The funds ofthe	Charity
Unrestricted funds						198,760		190,546
						198,760		190,546

					2023		2022
				Notes	E		f
Cash flows from operating		activities
Cash generated from operations				22		76,664		154,893
Investing	activities
Purchase	oftangible fixed assets				(90,801)		(77,706)
Proceeds	from disposal oftangible		fixed
assets					3,500		4,917
Net cash	used in investing	activities				(87,301)		(72,789)
Financing	activities
Repayment of bank loans					(10,000)		(8,333)
Payment	ofobligations under finance leases				(33,780)		(7,530)
Net cash	used in financing	activities				(43,780)		(15,863)
Net (decrease)/increase in		cash	and cash
equivalents						(54,417)		66,241
Cash and	cash equivalents	at beginning		ofyear		80,932		14,691
Cash and	cash equivalents	at end of		year		26,515		80,932

				Unrestricted	Unrestricted
				funds	funds
				2023	2022
CBSSG -	WMCA			11,613	13,863
Voluntary	sector project funding			67,070	38,613
WMCA- Let's Chat Project Funding				39,613
Covid support funding					23,355
				118,296	75,831
Income from charitable			activities
				Unrestricted	Unrestricted
				funds	funds
				2023f	2022 f
Activiites	for generating		funds
Contract use including		SLA		231,004	238,870
Shoppers	SLA			24,772	23,503
Local bus	service support		funding	502,200	438,989
Direct payments				137,191	99,101
				895,167	800,463

Other income
		Unrestricted	Unrestricted
		funds	funds
		2023	2022f
Other charitable	income
Commercial passenger usage		14,078	10,600
Local bus service	fare income	34,900	27,506
Bus service operations grant		9,781	14,732
Concessionary fares scheme		156,130	155,029
Non contract income		26,351	256,936
Driver awareness	MIDAS	1,015	1,375
Shopping bus and	other income	2,657	1,649
		244,912	467,827

Charitable activities
		Community	Depreciation	Total	Total
		transportf		2023f	2022f
Staff costs		682,986		682,986	647,767
Depreciation and impairment			47,315	47,315	46,851
Vehicle and fuel costs		404,635		404,635	400,687
Cleaning costs		2,573		2,573	5,006
Volunteer expenses		1,097		1,097	1,230
Uniform costs		52		52	3,430
Rent, rates and insurance		39,414		39,414	36,506
Light and heat		6,369		6,369	5,047
Repairs and renewals		12,364		12,364	11,432
Printing, stationery and	advertising	2,968		2,968	1,259
Telephone and postage		5,358		5,358	4,236
HP interest and charges		8,049		8,049	7,807
Staff recruitment and training		2,726		2,726	998
Legal and professional	fees	20,470		20,470	2,504
Audit and accountancy	fees	7,565		7,565	5,945
Bank charges, interest and loan interest		2,088		2,088	4,739
Office sundries		6,260		6,260	6,852
		1,204,974	47,315	1,252,289	1,192,296
Analysis by fund
Unrestricted funds		1,204,974	47,315	1,252,289
For the year ended 31 March 2022
Unrestricted funds		1,145,445	46,851		1,192,296

7	Net movement in funds		2023f	2022 F
	Net movement in funds is stated	after charging/(crediting)
	Depreciation ofowned tangible	fixed assets	47,315	46,851
	(Profit)/loss on disposal oftangible fixed assets		(2,128)	1,785
8	Auditor's remuneration
	Fees payable to the Charity's	auditor	2023	2022
				f
	Audit ofthe Charity's annual accounts		4,500	3,150

							2023	2022
							Number	Number
Staff							40	39
Employment	costs						2023f	2022 F
Wages and salaries							633,306	602,338
Social security	costs						36,146	33,766
Other pension	costs						13,534	11,663
							682,986	647,767
There were no employees		whose annual		remuneration		was more than f60,000.
Remuneration	ofkey management		personnel
The remuneration of key		management	personnel		is as	follows.
							2023f	2022
Aggregate co	mpensation						57,352	43,466

Tangible	fix	ed asset	s
				Leasehold	Plant and	Fixtures,	Computer	Motor	Total
				property	machinery	fittings and	equipment	vehicles
				improvements		equipment
						f
Cost
At 1 April	2022			27,927	17,225	30,434	20,680	826,067	922,333
Additions						693	108	90,000	90,801
Disposals								(52,000)	(52,000)
At 31 March		2023		27,927	17,225	31,127	20,788	864,067	961,134
Depreciation		and
impairment
At 1 April	2022			26,574	12,084	27,102	19,028	629,201	713,989
Depreciation		charged	in the
year				502	1,286	563	433	44,531	47,315
Eliminated	in	respect	of
disposals								(50,628)	(50,628)
At 31 March		2023		27,076	13,370	27,665	19,461	623,104	710,676
Carrying	amount
At 31 March		2023		851	3,855	3,462	1,327	240,963	250,458
At 31 March		2022		1,353	5,141	3,332	1,652	196,866	208,344

Debtors	Debtors
Amounts falling due within one year:		2023f	2022f
Trade debtors		59,826	57,313
Other debtors		72,458	36,157
Prepayments	and accrued income	12,587	8,821
		144,871	102,291

14	Creditors:	amounts	falling due within one year
				Notes	2023f	2022
	Bank loans			16	9,960	10,000
	Obligations	under finance leases		17	33,784	33,784
	Other taxation and social security				8,661	8,590
	Trade creditors				102,981	60,324
	Other creditors				2,100	2,202
	Accruals and deferred		income		29,675	6,458
					187,161	121,358
15	Creditors:	amounts	falling due after more than one year
				Notes	2023f	2022
	Bank loans			16	21,707	31,667
	Obligations	under finance leases		17	14,216	47,996
					35,923	79,663
16	Loans and	overdrafts
					2023 f.	2022f
	Bank loans				31,667	41,667
	Payable within one year				9,960	10,000
	Payable after one year				21,707	31,667
					31,667	41,667

					2023	2022
					E
Within	one	year			33,784	33,784
Within	two	and	five	years	14,216	47,996
					48,000	81,780

non-cancellable operating leases, which fall due as follow	s:
	2023	2022
	K	f
Within one year	32,000	31,000
Between two and five years	96,000	124,000
	128,000	155,000

22	Cash generated from	Cash generated from	Cash generated from	operations		2023	2022
	Surplus for		the year			8,214	150,040
	Adjustments		for:
	(Gain)/loss		on disposal	oftangible fixed	assets	(2,128)	1,785
	Depreciation		and impairment oftangible		fixed assets	47,315	46,851
	Movements		in working	capital:
	(Increase)	in debtors				(42,580)	(54,494)
	Increase in		creditors			65,843	10,711
	Cash generated from			operations		76,664	154,893

23	Analysis ofchanges in net (debt)/funds	Analysis ofchanges in net (debt)/funds
			At 1April 2022	Cash flowsAt 31 March 2023
			f	F	f
	Cash at bank and	in hand	80,932	(54,417)	26,515
	Loans falling due	within one year	(10,000)	40	(9,960)
	Loans falling due	after more than one year	(31,667)	9,960	(21,707)
	Obligations under	finance leases	(81,780)	33,780	(48,000)
			(42,515)	(10,637)	(53,152)