|Reports||
|---|---|
|Referenceandadministrativeinformation|1|
|ReportoftheManagementCommittee|2|
|Independentauditor'sreport|10|
|Financialstatements||
|Statementoffinancialactivities|15|
|Balancesheet|17|
|Statementofcashflows|18|
|Principalaccountingpolicies|19|
|Notestothefinancialstatements|23|





## 

|MembersoftheManagementCommittee|DrSabirBham(ActingChair)|
|---|---|
||MrAndrewJazaerli|
||MrPaulLeslie|
||MrRichardMundy(Treasurer)|
||MrDavidWilliams|
||MissLornaWisdom|
|CompanySecretaryandDirector|HelenTredoux|
|Registeredoffice|LowHallDepot|
||ArgallAvenue|
||London|
||E107AS|
|Telephone|02085210665|
|Email|info(@,ctwf.co.uk|
|Website|www.communitytransportwf.co.uk|
|Companyregisterednumber|03073284(EnglandandWales)|
|Charityregisterednumber|1048701(EnglandandWales)|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Bankers|Co-OperativeBank|
||POBox101|
||1BalloonStreet|
||Manchester|
||M604EP|





## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 



## 

## 



## 

## 




15 October 2021 



|||Unrestricted|||Total|Total|
|---|---|---|---|---|---|---|
|||general|Designated|Restricted|funds|funds|
|||funds|funds|funds|2021|2020|
||Notes|<br>£|£|£|£|£|
|Incomeandexpenditure|||||||
|Incomefrom:|||||||
|Grantsanddonations|3|147,029||162,500|309,529|48,805|
|Investments||388||-|388|495|
|Charitableactivities|4|756,165||-|756,165|1,251,402|
|Disposaloffixedassets||11,177||-|11,177|2,750|
|Totalincome||914,759|-|162,500|1,077,259|1,303,452|
|Expenditureon:|||||||
|Charitableactivities||705,513||209,745|915,258|1,176,551|
|Totalexpenditure|5|705,513||209,745|915,258|1,176,551|
|Netincome||209,246|—|(47,245)|162,001|126,901|
|Transfers|12|(46,600)|46,600|—|—|—|
|Netmovementinfunds|13|162,646|46,600|(47,245)|162,001|126,901|
|Fundsbroughtforward1April2020|10|287,339|145,000|67,969|500,308|373,407|
|Fundscarriedforwardat31March|2021|449,985|191,600|20,724|662,309|500,308|





## 

||Notes|2021|2021|2020|2020|
|---|---|---|---|---|---|
||||£||£|
|Fixedassets||||||
|Tangibleassets|7||246,769||154,468|
|Currentassets||||||
|Debtorsandpre-payments|8|128,204||186,906||
|Cashatbankandinhand||325,829||267,933||
|||454,033||454,839||
|Currentliabilities||||||
|Creditorsandaccruedexpenses|9|(38,493)||(108,999)||
|Netcurrentassets|||415,540||345,840|
|Totalnetassets|||662,309||500,308|
|Thefundsofthecharity:||||||
|Fundsandreserves||||||
|Unrestricted||||||
|.General|||449,985||287,339|
|.Designated|11||191,600||145,000|
|Restrictedfunds|10||20,724||67,969|
||||662,309||500,308|






## 

||Notes|2021|2021|2020|2020|
|---|---|---|---|---|---|
|||`£`|`£`|`£`|`£`|
|Fixedassets||||||
|Tangibleassets|7||246,769||154,468|
|Currentassets||||||
|Debtorsandpre-payments|8|128,204||186,906||
|LoantoEastCTCIC|15|55,250||5,250||
|Cashatbankandinhand||269,941||261,930||
|||453,395||454,086||
|Currentliabilities||||||
|Creditorsandaccruedexpenses|9|(37,739)||(108,246)||
|Netcurrentassets|||415,656||345,840|
|Totalnetassets|||662,425||500,308|
|Thefundsofthecharity:||||||
|Fundsandreserves||||||
|Unrestricted||||||
|.General|||450,101||287,339|
|.Designated|10||191,600||145,000|
|Restrictedfunds|11||20,724||67,969|
||||662,425||500,308|





## 

||||2021|2020|
|---|---|---|---|---|
|||Notes|£|£|
||Cashflowsfromoperatingactivities:||||
||Netcashprovidedbyoperatingactivities|A|170,984|208,731|
||Cashflowsfrominvestingactivities:||||
||Proceedsfromthedisposaloftangiblefixedassets||11,177|2,750|
||Purchaseoftangiblefixedassets||(124,265)|(165,374)|
||Netcashusedininvestingactivities||(113,088)|(162,624)|
||Changeincashandcashequivalentsintheyear||57,896|46,107|
||Cashandcashequivalentsat1April2020|B|267,933|221,826|
||Cashandcashequivalentsat31March2021|B|325,829|267,933|
||Notestothestatementofcashflowsfortheyearto31March2021.||||
|A|Reconciliationofnetmovementinfundstonetcashprovidedbyoperatingactivities||||
||||2021|2020|
||||£|£|
||Netmovementinfunds(asperthestatementoffinancialactivities)||162,001|126,901|
||Adjustmentsfor:||||
||Depreciationcharge||31,964|26,606|
||Surplusondisposaloftangiblefixedassets||(11,177)|(2,750)|
||Decreaseindebtors||58,702|14,468|
||(Decrease)increaseincreditors||(70,506)|43,506|
||Netcashprovidedbyoperatingactivities||170,984|208,731|
|B|Analysisofcashandcashequivalents||||
||||2021|2020|
||||£|£|
||Cashatbankandinhand||325,829|267,933|
||Totalcashandcashequivalents||325,829|267,933|





## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 



## 

## 

## 

||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2021|
||£|£|£|
|DepartmentforTransport,BusServiceOperators|13,203|-|13,203|
|BigLottery(Social EnterpriseSupportFund)|—|48,500|48,500|
|Souter|—|1,000|1,000|
|PowertoChange(BusinessDevelopmentSupport)||8,000|8,000|
|PowertoChange(EmergencyIncomeSupport)|—|30,000|30,000|
|PowertoChange(RecoveryFund)|—|75,000|75,000|
|HMRC(JobRetention)|133,766|-|133,766|
|Donations|60|-|60|
|2021Totalfunds|147,029|162,500|309,529|



||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2020|
||£|£|£|
|DepartmentforTransport,BusServiceOperators|19,462|-|19,462|
|PowertoChange|—|15,000|15,000|
|CommunityLinks|-|2,920|2,920|
|Peoples'PostcodeLottery|—|10,400|10,400|
|Donations|1,023|-|1,023|
|2020Totalfunds|20,485|28,320|48,805|





## 

## 

||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2021|
||`£`|<br>`£`||
|Committedbookingsfeesandfares|723,055|-|723,055|
|Membershipfees(netofVAT)|100|-|100|
|Communityvehicleuse|29,605|-|29,605|
|Trainingtothirdparties|3,405|-|3,405|
|2021Totalfunds|756,165||756,165|



||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2020|
||£|£|£|
|Committedbookingsfeesandfares|908,647|46,000|954,647|
|Membershipfees(netofVAT)|2,500|—|2,500|
|Communityvehicleuse|281,777|-|281,777|
|Trainingtothirdparties|12,478|-|12,478|
|2020Totalfunds|1,205,402|46,000|1,251,402|



## 

|||||||Total|
|---|---|---|---|---|---|---|
||Committed|Casual|Driving||Gover-|funds|
||Bookings|Bookings|School|EastCT|nance|2021|
||£|£|£|£|£|£|
|Costsdirectlyallocated|||||||
|toactivities|||||||
|.Staff|192,124|<br>8,257|1,007|||201,388|
|.Vehicles|248,300|<br>10,671|1,301|—|—|260,272|
|.Auditfee|—|—|—||5,350|5,350|
|.Statutory|||—|—|168|168|
|.Medical|—|||—|—|—|
|.Marketing|—|—|—|—|—|—|
|.Consultancy|11,329|<br>487|59|12,000|-|23,875|
|.DrivingSchool|—|—|3,481|-||3,481|
|Supportcostallocated|||||||
|toactivities|||||||
|.Staff|341,886|<br>14,693|1,792|-|-|358,371|
|.Premises|11,925|<br>513|63|-|-|12,501|
|.Officerunningcosts|26,211|<br>1,126|137|800|3,654|31,928|
|.Contractedout|—|—|—|—|—|—|
|.Othersupportcosts|17,099|<br>735|90|-|-|17,924|
|Totalfunds|848,874|36,482|7,930|12,800|9,172|915,258|





||Charitableactivities|Charitableactivities|Charitableactivities||||
|---|---|---|---|---|---|---|
|||||||Total|
||Committed|Casual|Driving||Gover-|funds|
||Bookings|Bookings|School|EastCT|nance|2020|
||£|£|£|£|£|£|
|Costsdirectlyallocatedto|||||||
|activities|||||||
|.Staff|171,078|50,607|2,239|—|—|223,924|
|.Vehicles|260,884|77,172|3,415|-|-|341,471|
|.Auditfee|—|—|—||1,880|1,880|
|.Statutory|||—|—|279|279|
|.Medical|—|—|—|—|210|210|
|.Marketing|—|3,156|-|-|-|3,156|
|.Consultancy|3,744|1,107|49|12,000|—|16,900|
|.DrivingSchool|—|—|3,134|-|-|3,134|
|Supportcostallocatedto|||||||
|activities|||||||
|.Staff|301,328|89,136|3,944|-||394,408|
|.Premises|9,550|2,825|125|-|-|12,500|
|.Officerunningcosts|26,984|7,982|353|-|3,828|39,147|
|.Contractedout|120,501|-|-|-|-|120,501|
|.Othersupportcosts|14,548|4,303|190|-|-|19,041|
|Totalfunds|908,617|236,288|13,449|12,000|6,197|1,176,551|



|||||Total|
|---|---|---|---|---|
||Unrestricted|Restricted|Designated|funds|
||funds|funds|funds|2020|
|Expenditure|£|£|£|£|
|Charitableactivities|1,160,164|16,387||1,176,551|
|Totalexpenditure|1,160,164|16,387||1,176,551|



||2021|2020|
|---|---|---|
||`£`|£|
|Wagesandsalaries|509,480|557,498|
|Socialsecuritycosts|34,201|39,055|
||543,681|596,553|
|Otherstaffcosts|16,077|21,779|
||559,758|618,332|





## 

## 

|Staffcostsandemoluments(continued)|||
|---|---|---|
||2021|2020|
||No.|No.|
|Averagenumberofemployees(FTE)|21|25|
||2021|2020|
||No.|No.|
|Averagenumberofemployees(headcountbasis)|35|37|



|Tangibleassets||
|---|---|
||Vehicles|
|Groupandcharity|£|
|Cost||
|At1April2020|332,040|
|Additions|124,265|
|Disposals|(51,500)|
|At31March2021|404,805|
|Depreciation||
|At1April2020|177,572|
|Disposals|(51,500)|
|Annualcharge|31,964|
|At31March2021|158,036|
|Netbookvalue||
|At31March2021|246,769|
|At31March2020|154,468|



## 

|Debtors|||||
|---|---|---|---|---|
||Group||Charity||
||2021|2020|2021|2020|
||£|£|£|£|
|Tradedebtors|27,068|103,460|27,068|103,460|
|Otherdebtors|25,500|8,500|25,500|8,500|
|AccruedIncome|42,597|46,325|42,597|46,325|
|Prepayments|19,938|15,281|19,938|15,281|
|VATrecoverable|13,101|13,340|13,101|13,340|
||128,204|186,906|128,204|186,906|





## 

|9|Creditorsandaccruedexpenses,amountfallingduewithinone|Creditorsandaccruedexpenses,amountfallingduewithinone|Creditorsandaccruedexpenses,amountfallingduewithinone|year||
|---|---|---|---|---|---|
|||Group||Charity||
|||2021|2020|2021|2020|
|||£|£|£|£|
||Tradecreditors|17,015|33,521|17,015|33,521|
||Accruals|5,000|13,847|4,905|13,726|
||Incomeinadvance|—|46,000|-|46,000|
||Othercreditors|659|632|-|-|
||SocialSecurityandothertaxes|10,307|9,487|10,307|9,487|
||Pensions|5,197|5,197|5,197|5,197|
||Payrollcreditor|315|315|315|315|
|||38,493|108,999|37,739|108,246|



## 

|Restrictedfunds||||||
|---|---|---|---|---|---|
|||Asat|||Asat|
|||1April|||31March|
|||2020|Income|Expenditure|2021|
|Groupandcharity||£|£|£|£|
|WalthamstowandChingfordAlmshouses||8,649|-|-|8,649|
|PeoplesPostcodeLottery||10,400|-|(2,245)|8,155|
|CommunityLinks||2,920|-|-|2,920|
|LBWalthamForest||46,000|-|(46,000)|—|
|PowertoChange(BusinessDevelopment)||—|8,000|(8,000)||
|PowertoChange(Emergency|Income)|—|30,000|(30,000)|—|
|PowertoChange(Recovery)|||75,000|(75,000)|-|
|Souter||—|1,000|-|1,000|
|BigLottery||—|48,500|(48,500)||
|||67,969|162,500|(209,745)|20,724|
||Asat||||Asat|
||1April||||31March|
||2019|Income|Expenditure|<br>Transfers|2020|
|Groupandcharity|£|£|£|<br>£|£|
|WalthamstowandChingford|10,036||(1,387)||8,649|
|Almshouses||||||
|PowertoChange|69,114|15,000|(15,000)|(69,114)|-|
|PeoplesPostcodeLottery||10,400|-|-|10,400|
|CommunityLinks||2,920||-|2,920|
|LBWalthamForest||46,000|-|-|46,000|
||79,150|74,320|(16,387)|(69,114)|67,969|





|11|Designatedfunds||||
|---|---|---|---|---|
|||Asat||Asat|
|||1April||31March|
|||2020|Transfers|2021|
||Groupandcharity|£|£|£|
||Corecosts|60,000||60,000|
||Redundancyfund|25,000|—|25,000|
||WorkingCapital|60,000|—|60,000|
||FutureCommunityServices|-|46,600|46,600|
|||145,000|46,600|191,600|
|||Asat||Asat|
|||1April||31March|
|||2019|Transfers|2020|
||Groupandcharity|£|£|£|
||Corecosts|60,000||60,000|
||Redundancyfund|25,000|—|25,000|
||WorkingCapital|60,000||60,000|
|||145,000||145,000|



## 

||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|
||funds|funds|funds|2021|
||£|£|£|£|
|Fixedassets|246,769|—|—|246,769|
|Currentassets|241,709|191,600|20,724|454,033|
|Currentliabilities|(38,493)|-|-|(38,493)|
||449,985|191,600|20,724|662,309|



||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|
||funds|funds|funds|2020|
||£|£|£|£|
|Fixedassets|154,468|-|-|154,468|
|Currentassets|241,870|145,000|67,969|454,839|
|Currentliabilities|(108,999)|-|-|(108,999)|
||287,339|145,000|67,969|500,308|





## 

## 

|Netmovementinfunds<br>Thisisstatedaftercharging:|||
|---|---|---|
||2021|2020|
||`£`|`£`|
|Depreciation|31,964|26,606|
|Auditor'sremuneration|5,350|4,750|
|Operatingleasecharges(Plantandmachinery)|99,431|104,847|
|Surplusondisposalofvehicles|11,177|2,750|



## 

||2021|2020|
|---|---|---|
|Operatingleasecommitments:|£|£|
|Withinoneyear|94,635|98,016|
|Betweenonetofiveyears|118,956|311,607|
|Total|213,591|409,623|



## 

## 



## 

## 

|Theassetsandliabilitiesofthesubsidiarywere:|||
|---|---|---|
||2021|2020|
||£|£|
|Currentassets|55,888|6,003|
|Creditors:amountsfallingduewithinoneyear|(55,788)|(5,903)|
|Netassets|100|100|



## 

|Comparativeinformation|||||
|---|---|---|---|---|
||Unrestricted|||Total|
||general|Designated|Restricted|funds|
||funds|funds|funds|2020|
||£|£|£|£|
|Incomeandexpenditure|||||
|Incomefrom:|||||
|Grantsanddonations|20,485||28,320|48,805|
|Investments|495|-|-|495|
|Charitableactivities|1,205,402||46,000|1,251,402|
|Disposaloffixedassets|2,750||-|2,750|
|Totalincome|1,229,132|-|74,320|1,303,452|
|Expenditureon:|||||
|Charitableactivities|1,160,164|-|16,387|1,176,551|
|Totalexpenditure|1,160,164|-|16,387|1,176,551|
|Netincome|68,968|-|57,933|126,901|
|Transfers|69,114|—|(69,114)|—|
|Netmovementinfunds|138,082||(11,181)|126,901|
|Fundsbroughtforward1April2019|149,257|145,000|79,150|373,407|
|Fundscarriedforwardat31March2020|287,339|145,000|67,969|500,308|