|Reports||
|---|---|
|Referenceandadministrativeinformation|1|
|ReportoftheManagementCommittee|2|
|Independentauditor'sreport|10|
|Financialstatements||
|---|---|
|Statementoffinancialactivities|15|
|Balancesheet|17|
|Statementofcashflows|18|
|Principalaccountingpolicies|19|
|Notestothefinancialstatements|22|
|MembersoftheManagementCommittee|DrSabirBham(ActingChair)|
|---|---|
||MrPaulLeslie|
||MrRichardMundy(Treasurer)|
||MrDavidWilliams|
|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|
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Helen Tredoux 16 October 2023
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# 19 December 2023
|||Un-|||||
|---|---|---|---|---|---|---|
|||restricted|||Total|Total|
|||general|Designated|Restricted|funds|funds|
|||funds|funds|funds|2023|2022|
||Notes|£|£|£|£|£|
|Incomeandexpenditure|||||||
|Incomefrom:|||||||
|Grantsanddonations|3|23,650|-|10,000|33,650|44,227|
|Investments||2,673|||2,673|28|
|Charitableactivities|4|1,440,897|-|-|1,440,897|1,236,799|
|Totalincome||1,467,220|-|10,000|1,477,220|1,281,054|
|Expenditureon:|||||||
|Charitableactivities||1,243,843|13,550|5,464|1,262,857|1,129,353|
|Totalexpenditure|5|1,243,843|13,550|5,464|1,262,857|1,129,353|
|Netincome/(expenditure)||223,377|(13,550)|4,536|214,363|151,701|
|Transfers|12|(388,550)|388,550|—|—|—|
|Netmovementinfunds|13|(160,173)|375,000|4,536|214,363|151,701|
|Fundsbroughtforward1April2022|10|613,241|195,000|5,769|814,010|662,309|
|Fundscarriedforwardat31March2023||448,068|570,000|10,305|1,028,373|814,010|
Richard Mundy
16 October 2023
Richard Mundy 16 October 2023
##
|||2023|2022|
|---|---|---|---|
||Notes|£|£|
|Cashflowsfromoperatingactivities:||||
|Netcashprovidedbyoperatingactivities|A|278,433|93,976|
|Cashflowsfrominvestingactivities:||||
|Proceedsfromthedisposaloftangiblefixedassets|||27,500|
|Purchaseoftangiblefixedassets||(118,495)|(77,180)|
|Netcashusedininvestingactivities||(118,495)|(49,680)|
|Changeincashandcashequivalentsintheyear||159,K8|44,296|
|Cashandcashequivalentsat1April2022|B|370,125|325,829|
|Cashandcashequivalentsat31March2023|B|530,063|370,125|
##
||2023|2022|
|---|---|---|
||£|£|
|Netmovementinfunds(asperthestatementoffinancialactivities)|214,363|151,701|
|Adjustmentsfor:|||
|Depreciationcharge|57,939|39,598|
|Surplusondisposaloftangiblefixedassets||1,250|
|Decreaseindebtors|6,082|(115,653)|
|(Decrease)increaseincreditors|50|17,080|
|Netcashprovidedbyoperatingactivities|278,433|93,976|
##
|Analysisofcashandcashequivalents|||
|---|---|---|
||2023|2022|
||`£`|£|
|Cashatbankandinhand|530,063|370,125|
|Totalcashandcashequivalents|530,063|370,125|
##
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##
|Grantsanddonations||||
|---|---|---|---|
||Unrestricted|Restricted||
||funds|funds|2023|
||`£`|
`£`||
|DepartmentforTransport,BusServiceOperators|21,550|-|21,550|
|AwardsforAllCommunityFund|—|10,000|10,000|
|NewhamJubilee|500|-|500|
|Donations|1,600|-|1,600|
|2023Totalfunds|23,650|10,000|33,650|
||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2022|
||`£`|
`£`||
|DepartmentforTransport,BusServiceOperators|17,203|-|17,203|
|HMRC(JobRetention)|12,144|-|12,144|
|DWPBusinessGrant|300|-|300|
|LBNewham(ActivitiesAssistance)|—|14,430|14,430|
|Donations|150|-|150|
|2022Totalfunds|29,797|14,430|44,227|
##
##
||Unrestricted|Restricted||
|---|---|---|---|
||funds|funds|2023|
||£|£|£|
|Committedbookingsfeesandfares|1,198,814|-|1,198,814|
|Membershipfees(netofVAT)|3,033|—|3,033|
|Communityvehicleuse|229,230|—|229,230|
|Trainingtothirdparties|9,820|—|9,820|
|2023Totalfunds|1,440,897||1,440,897|
||Unrestricted|Restricted||
||funds|funds|2022|
||£|£|£|
|Committedbookingsfeesandfares|1,081,827|-|1,081,827|
|Membershipfees(netofVAT)|657|—|657|
|Communityvehicleuse|143,115|-|143,115|
|Trainingtothirdparties|11,200|-|11„200|
|2022Totalfunds|1,236,799||1,236,799|
##
|||Charitableactivities|Charitableactivities||||
|---|---|---|---|---|---|---|
|||||||Total|
||Committed|Casual|Driving|Newham||funds|
||Bookings|Bookings|School|EastCT|Governance|2023|
||£|£|£|£|£|£|
|Costsdirectlyallocated|||||||
|toactivities|||||||
|.Staff|125,080|23,912|1,020|29,043||179,055|
|.Vehicles|365,078|69,793|2,977|-|-|437,848|
|.Auditfee|—|—|—|—|5,472|5,472|
|.Statutory|—|—||—|363|363|
|.Medical|142|27|1|-|-|170|
|.Marketing|3,308|632|27|1,000|—|4,967|
|.Consultancy|7,748|1,481|63|2,000||11,292|
|.DrivingSchool|—|—|9,370|-|-|9,370|
|Supportcostallocatedto|||||||
|activities|||||||
|.Staff|449,081|85,852|3,662|-||538,595|
|.Premises|10,423|1,993|85|5,000||17,500|
|.Officerunningcosts|39,243|7,525|320|120||47,209|
|.Othersupportcosts|9,184|1,756|75|-|-|11,015|
|Totalfunds|1,009,287|192,971|17,600|37,163|5,835|1,262,856|
##
|||Charitableactivities|Charitableactivities||||
|---|---|---|---|---|---|---|
|||||||Total|
||Committed|Casual|Driving|Newham||funds|
||Bookings|Bookings|School|EastCT|Governance|2022|
||£|£|£|£|£|£|
|Costsdirectlyallocated|||||||
|toactivities|||||||
|.Staff|134,010|17,729|1,387|25,250||178,376|
|.Vehicles|348,598|46,118|3,609|—|—|398,325|
|.Auditfee|—|—|—||15,000|/5,000|
|.Statutory|—|—|—||773|773|
|.Medical|372|49|4|—|—|425|
|.Marketing|2,253|298|23|1,000|—|3,574|
|.Consultancy|5,948|787|62|4,000|-|10,797|
|.DrivingSchool|—|—|5,518|-||5,518|
|Supportcostallocatedto|||||||
|activities|||||||
|.Staff|391,449|51,787|4,052|||447,288|
|.Premises|5,748|760|60|5,000||11,568|
|.Officerunningcosts|32,104|4,247|332|-|-|36,683|
|.Othersupportcosts|18,322|2,508|196|||21,026|
|Totalfunds|938,804|124,283|15,243|35,250|15,773|1,129,353|
|||||Total|
|---|---|---|---|---|
||Unrestricted|Restricted|Designated|funds|
||funds|funds|funds|2022|
|Expenditure|£|£|£|£|
|Charitableactivities|1,086,418|29,385|13,550|1,129,353|
|Totalexpenditure|1,086,418|29,385|13,550|1,129,353|
|Staffcostsandemoluments|||||
||||2023|2022|
||||`£`|`£`|
|Wagesandsalaries|||656,985|574,502|
|Socialsecuritycosts|||44,823|41,131|
||||701,808|615,633|
|Otherstaffcosts|||15,843|10,031|
||||717,651|625,664|
##
|Staffcostsandemoluments(continued)|||
|---|---|---|
||2023|2022|
||No.|No.|
|Averagenumberofemployees(FTE)|28|25|
||2023|2022|
||No.|No.|
|Averagenumberofemployees(headcountbasis)|39|36|
##
|Tangibleassets||
|---|---|
||Vehicles|
|Groupandcharity||
|Cost||
|At1April2022|446,985|
|Additions|118,495|
|At31March2.023|565,480|
|Depreciation||
|At1April2022|191,384|
|Annualcharge|57,939|
|At31March2023|249,323|
|Netbookvalue||
|At31March2023|316,157|
|At31March2022|255,601|
##
|Debtors|||||
|---|---|---|---|---|
||Group||Charity||
||2023|2022|2023|2022|
||`£`|`£`|`£`|`£`|
|Tradedebtors|92,647|148,394|92,647|148,394|
|AccruAIncome|101,588|44,251|101,588|44,251|
|Prepayments|24,477|27,054|24,477|27,054|
|VATrecoverable|19,063|24,158|19,063|24,158|
||237,775|243,857|237,775|243,857|
||Group||Charity||
|---|---|---|---|---|
||2023|2022|2023|2022|
||`£`|`£`|
`£`|`£`|
|Tradecreditors|28,397|19,327|28,397|19,327|
|Accruals|5,000|19,193|5,000|19,193|
|Othercreditors|50|317|50|317|
|SocialSecurityandothertaxes|22,175|16,734|22,175|16,734|
||55,622|55,571|55,622|55,571|
|Restrictedfunds|||||
||Asat|||Asat|
||1April||31March||
||2022|Income|Expenditure|2023|
|Groupandcharity|£|£|£||
|WalthamstowandChingfordAlmshouses|5,769|||5,769|
|AwardsforAllCommunityFund||10,000|5,464|4,536|
||5,769|10,000|5,464|10,305|
||Asat|||Asat|
||1April||31|March|
||2021|Income|Expenditure|2022|
|Groupandcharity|£|£|£|£|
|WalthamstowandChingfordAlmshouses|8,649||2,880|5,769|
|PeoplesPostcodeLottery|8,155||8,155||
|CommunityLinks|2,920||2,920||
|LBNewham(ActivitiesAssistance)||14,430|14,430||
|Souter|1,000||1,000||
||20,724|14,430|29,385|5,769|
##
|Designatedfunds||||
|---|---|---|---|
||Asat||Asat|
||1April||31March|
||2022|Transfers|2023|
|Gruupandcharit)|`£`|`£`|`£`|
|Corecosts|60,000|35,000|95,000|
|Redundancyfund|25,000|-|25,000|
|WorkingCapital|60,000|40,000|100,000|
|FutureCommunityServices|50,000|—|50,000|
|Leases12months|-|50,000|50,000|
|FleetRenewal|—|250,000|250,000|
||195,000|375,000|570,000|
##
|Designatedfunds(continued)||||
|---|---|---|---|
||Asat||Asat|
||1April||31March|
||2021|Transfers|2022|
|Groupandcharity|`£`|`£`|`£`|
|Corecosts|60,000||60,000|
|Redundancyfund|25,000||25,000|
|WorkingCapital|60,000||60,000|
|FutureCommunityServices|46,600|3,400|50,000|
||191,600|3,400|195,000|
##
||Unrestricted|Designated|Restricted|Total|
|---|---|---|---|---|
||funds|funds|funds|2023|
||£|£|£|£|
|Fixedassets|316,157|-||316,157|
|Currentassets|187,533|570,000|10,305|767,838|
|Currentliabilities|(55,622)||-|(55,622)|
||448,068|570,000|10,305|1,028,373|
||Unrestricted|Designated|Restricted|Total|
||funds|funds|funds|2022|
||£|£|£|£|
|Fixedassets|255,601|-|-|255,601|
|Currentassets|413,213|195,000|5,769|613,982|
|Currentliabilities|(55,573)|-|-|(55,573)|
||613,241|195,000|5,769|814,010|
##
||2023|2022|
|---|---|---|
||`£`|`£`|
|Depreciation|57,939|39,958|
|Auditor'sremuneration|5,472|15,000|
|Operatingleasecharges(Plantandmachinery)|101,313|119,732|
|Surplusondisposalofvehicles|—|(1,250)|
|Operatingleasecommitments|||
|At31March2023,thetotalminimumleasepaymentsundernon-cancellable||operating|
|leaseswere:|||
||2023|2022|
|Operatingleasecommitments:|£|£|
|Withinoneyear|52,632|78,846|
|Betweenonetofiveyears||40,110|
|Total|52,632|118,956|
##
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##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||||`£`|`£`|
|Currentassets||||80,649|55,769|
|Creditors:amountsfallingduewithinoneyear||||80,549|55,679|
|Netassets||||100|100|
|Comparativeinformation||||||
|StatementofFinancialActivitiesfortheyearended31March2022||||||
|||Unrestricted|||Total|
|||general|Designated|Restricted|funds|
|||funds|funds|funds|2022|
||Notes|£|£|£|£|
|Incomeandexpenditure||||||
|Incomefrom:||||||
|Grantsanddonations|3|29,797|—|14,430|44,227|
|Investments||28||—|28|
|Charitableactivities|4|1,236,799|||1,236,799|
|Disposaloffixedassets||—|—|—|—|
|Totalincome||1,266,624||14,430|1,281,054|
|Expenditureon:||||||
|Charitableactivities||1,086,418|13,550|29,385|1,129,353|
|Totalexpenditure|5|1,086,418|13,550|29,385|1,129,353|
|Netincome||180,206|(13,550)|(14,955)|151,701|
|Transfers|12|(16,950)|(16,950)|—|—|
|Netmovementinfunds|13|163,256|3,400|(14,955)|151,701|
|Fundsbroughtforward1April2021|10|449,985|191,600|20,724|662,309|
|Fundscarriedforwardat31March2022||613,241|195,000|5,769|814,010|
##