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# BAKEWELL AND EYAM COMMUNITY TRANSPORT COMPANY LIMITED BY GUARANTEE 

REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31ST MARCH 2021 

CHARITY NUMBER: 1049389 COMPANY REGISTERED NUMBER: 03098593 

## ALLEN, WEST, AND FOSTER 

CHARTERED ACCOUNTANTS Travel House Buxton Road Bakewell DE45 1BZ 

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BAKEWELL AND EYAM COMMUNITY TRANSPORT<br>|<br>COMPANY LIMITED BY GUARANTEE<br>_<br>CONTENTS OF THE FINANCIAL STATEMENTS<br>|<br>FOR THE YEAR ENDED 31ST MARCH 2021<br>**----- End of picture text -----**<br>



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|---|---|---|---|---|---|---|---|---|---|
|CONTENTS|PAGE|
|_|Trustees’|annual|report|(incorporating|the|Director's|Report)|1to3|
|Independent|Examiner's|Report|4|
|Statement(Includingof|FinancialincomeActivities and|expenditure|account)|.|,|5|
|||
|Statement|of|Financial|Position|6|to|7|
|Notes|to|the|Financial|Statements|8|to|21|
|The|following|pages|do|not form|part|of the|financial|statements|,|
|Detailed|statement|of financial|activities|22|to|24|

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# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

# COMPANY LIMITED BY GUARANTEE 

## TRUSTEES’ ANNUAL REPORT (incorporating the Director’s Report) 

. FOR THE YEAR ENDED 31ST MARCH 2021 

|The trustees, who are also directors of Bakewell and Eyam|The trustees, who are also directors of Bakewell and Eyam|Community|Transport, hereinafter known as the Charity,|
|---|---|---|---|
|for the purposes of company law, present|their report with|the unaudited financial statements of the Charity for the||
|yearended 31st March 2021.|||.|
|Reference and administrative details||||
|REGISTERED CHARITYNAME|Bakewell and Eyam Community Transport|||
|COMPANY REGISTRATION NUMBER|03098593|||
|CHARITY REGISTRATION NUMBER|01049389|||
|DIRECTORS ANDTRUSTEES|W Kirkland|||
||P O’Brien|||
||C Bartle|||
||B Lomas|||
||JATwigg||Resigned 30August2021|
||D W Monks|||
||CJWebster|Vice Chair||
||BE Ely|||
||P Barker|Secretary||
|PRINCIPALAND REGISTERED OFFICE|Unit 4|||
||Longstone Business Park|||
||Great Longstone|||
||Bakewell|||
||Derbyshire|||
||DE45 1TD|||
|INDEPENDENT EXAMINER|Stephen Allen, FCA|||
||Allen, West and Foster|||
||Chartered Accountants|||
||Travel House|||
||Buxton Road|||
||Bakewell|:||
||DE451BZ|||



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## i BAKEWELL AND EYAM COMMUNITY TRANSPORT COMPANY LIMITED BY GUARANTEE TRUSTEES’ ANNUAL REPORT (incorporating the Director’s Report) FOR THE YEAR ENDED 31ST MARCH 2021 

STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity is a charitable company limited by guarantee and is governed by its Memorandum & Articles of Association incorporated on 5th September 1995. The Charity has a Council of Management who are responsible for its governance. One third (by length of service) of trustees retire each year but are eligible for re-election. The trustees may appoint additional members to fill vacancies or to bring additional skills and experience to the Council. Council Meetings are usually held monthly. Trustees are elected on the basis that they have appropriate skills and knowledge and understand the responsibilities of charity trustees. To that end, there is an Induction Programme which aims to provide information about the nature and work of the Charity and its methods of operation. Trustees are encouraged to attend training courses to support and enhance their role. oO 

The trustees delegate a large amount of day-to-day decision-making and operational detail to the paid staff, and to the General Manager, who report regularly to the Chairman and the Council of Management. Decisions which affect fundamental policy or carry significant financial implications will always be the responsibility of the Council of Management. 

## Health & Safety 

The trustees have adopted a rigorous Health and Safety Policy and Code of Practice supported by Croner “Bright Safe”. This policy is reviewed regularly. 

## Equal Opportunities 

The trustees have adopted the following Policy Statement: “The aim of the Charity is to ensure that no job applicant or employee is discriminated against either directly or indirectly on grounds of race, colour, creed, nationality, ethnic or national origin, religious belief, political opinion or affiliation, sex, marital status, sexual orientation or disability. 

## Risk Management 

_ 

The trustees, with advice, have assessed the risks to which the Charity or its staff and volunteers might be exposed, and have taken steps to ensure that those risks are minimised, that systems are in place to mitigate them, and that they are kept under review. At operational level, risks are minimised by regular training and familiarisation courses, some provided in-house, and some bought in from professional trainers. More fundamental business risks are assessed as part of the Reserves Policy which the Charity has established, and which is reviewed annually. 

## OBJECTIVES AND ACTIVITIES 

“The Charity’s vision is to offer caring, safe, flexible and efficient transport for people of all ages in its area of operation who are disadvantaged by location, need, personal circumstance or social deprivation; to encourage and facilitate voluntary participation in community activities; and to help to sustain and develop local economies and social integration.” The Charity’s primary objective, as stated in the Memorandum & Articles of Association, is “to establish and maintain, on a non-profit making basis, a community transport scheme for the benefit of the communities with Derbyshire.” That objective is pursued in the following ways: 

i. We provide door to door transport for elderly and disabled people who cannot easily use ordinary buses or scheduled services. 

ii. We operate services for villages and isolated settlements which have no or minimal public transport. 

- iii. We provide transport for community group activities, either regularly or for one off journeys. 

- iv. We provide individual transport, through the Ring and Ride Car Scheme, much of it for health-related journeys. 

- v. We fulfil contracts which require accessible vehicles. 

vi. We make use, in both management and operations, of volunteer time, skill and enthusiasm. 

The trustees have had due regard to guidance published by the Charity Commission including public benefit guidance and believe that they have therefore complied with the duty in section 4 of the Charities Act 2011. 



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# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## TRUSTEES’ ANNUAL REPORT (incorporating the Director’s Report) 

## FOR THE YEAR ENDED 31ST MARCH 2021 

## ACHIEVEMENTS AND PERFORMANCE 

The work of the Charity during 2020-21 is described in the more detailed information which forms the further pages of this Annual Report. 

## FINANCIAL REVIEW 

During the very difficult Covid-19 pandemic, Derbyshire County Council enabled the Charity to retain a high percentage of its contract service income despite, for a time during national lockdown, the adult education and day care centres that they serve, being closed. This enabled BECT not to join the national Coronavirus Job Retention Scheme and to maintain staff income at pre-pandemic levels. 

After the first national lockdown health related journeys were delivered on buses and the charity delivered free transport to those needing Covid 19 vaccinations. Grant funding for health-related journeys was maintained at £15000 with Local Government Covid-19 business support grants being awarded to the charity bookshop, BookEnd, of £19669. The Duke of Devonshire Trust awarded £1994 for the purchase of a bariatric wheelchair and support for our Café Club trips which will be carried forward into 2021-22. 

. 

Reduction of running costs due to the pandemic and social distancing safety measures having a great impact on the nature of services we were able to run during the year led to the resultant surplus which will be ploughed back into subsidising the provision of charitable services such as our Freedom Tours, Café, and Sunday lunch clubs over the next couple of years. 

## RESERVES POLICY AND GOING CONCERN 

Reserves are needed to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The trustees consider that the ideal minimum level of reserves as at 31st March 2021 would be £250,000 (2020: £250,000), which would cover the worst risks as identified by the trustees. On 31st March 2021, total funds stood at £849,382 (2020: £776,580) which free reserves, being the total of unrestricted reserves not represented by fixed assets, totalled £776,281 (2020: £691,455). 

## FUTURE PLANS 


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1. To develop supported transport which will address rural isolation and social exclusion of those unable to utilise more traditional forms of transport. 

2. To continue to strengthen further the Charity's ability to provide efficient and accessible transport services to local communities in the Bakewell and Eyam operating area which includes the High Peak and Derbyshire Dales. 3. To further integrate the CTX Transport Management Software. 

4. To promote our services more effectively within the areas of operation. 

## SMALL COMPANIES PROVISIONS 

* 

This report has been prepared in accordance with the provisions applicable to companies entitled to the small company's exemption. 

The trustees’ annual report was approved on 26" October 2021 and signed on its behalf of the board by 

## hb APanar 

. 

. 

Mrs P Barker Secretary 



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# BAKEWELL AND EYAM COMMUNITY TRANSPORT COMPANY LIMITED BY GUARANTEE 

## INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2021 

| report on the financial statements of the Charity for the year ended 31st March 2021, set out on pages 5 to 20. 

## Respective responsibilities of directors and reporting accountants 

The trustees, who are also the directors of the Charity for the purposes of company law, are responsible for the preparation of the financial statements. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011, the 2011 Act, and that an independent examination is needed. 

The Charity's gross income exceeded £25,000 but did not exceed £1,000,000 and | am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. 

Having satisfied myself that the Charity is not subject to audit under company law, and is eligible for independent examination, it is my responsibility: 

i) to examine the financial statements under section 145 of the 2011 Act. 

ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act: and ili) to state whether matters have come to my attention 

## Basis of independent examiner's report 

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’, and the report is limited to those matters set out in the statement below. 

## Independent examiner’s statement 

) 

In connection with my examination, no material matters have come to my attention 

- (a) which give me reasonable cause to believe that in, any material respect, (i) | the accounting records were not kept in accordance with section 130 of the Charities Act: or (ii) the accounts did not accord with the accounting records: or 

   - (iii) the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination. 

| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached. 

Bakewell FOSTER 16 October 2021 . 


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Stephen Allen FCA<br>Chartered Accountant<br>For and on behalf of<br>ALLEN, WEST, AND<br>**----- End of picture text -----**<br>




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5 

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## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

STATEMENT OF FINANCIAL ACTIVITIES (Including income and expenditure account) FOR THE YEAR ENDED 31ST MARCH 2021 

## SUMMARY INCOME AND EXPENDITURE ACCOUNT 

||Note|Unrestricted<br>Funds|Restricted<br>Funds|2021<br>Total|2020<br>Total||
|---|---|---|---|---|---|---|
|||£|£|£|£||
|INCOMING RESOURCES|||||||
|Donationsand legacies|5|9,608|0|9,608|24,105||
|Charitable activities|||||||
|Grantsand subsidies<br>Fares and affiliations|8<br>8|43,097<br>487,607|1,406<br>-|44,503<br>487,607|26,057<br>424,414||
|Othertrading activities|om|2,305|-|2,305|72,772||
|Investment income|7|625|-|625|1,041||
|Other income|9|660|-|660|8,437||
|Total incoming resources||543,902|1,406|545,308|556,826||
|RESOURCES EXPENDED|||||||
|Costs ofgenerating funds|||||||
|Costs of raising funds|10|581|-|581|3,923||
|Charitable activities|11, 12, 13||||||
|Community Transport Services||458,495|13,430|471,925|569,630||
|Total resources expended|2|459,076|13,430|472,506|573,553||
|Net gains/(losses) on investments||-|-|-|-||
|Netincome||84,826|(12,024)|72,802|(16,727)|-|
|Transfer between funds||-|-|-|-||
|Netmovementinfunds||84,286|(12,024)|72,802|(16,727)||
|Reconciliation offunds|||||||
|Total funds brought forward||691,455|85,125|776,580|793,307||
|Totalfundscarriedforward||£776,281|£73,101|£849,382|£776,580||



The statement of financial activities includes all gains and losses recognised in the year. 

All income and expenditure derive from continuing activities. 



> . - . 

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## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## STATEMENT OF FINANCIAL POSITION 

## AS AT 31ST MARCH 2021 


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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|2021|2020|
|Note|£|£|
|FIXED|ASSETS|
|Tangible|assets|.|17|212,564|271,427|
|)|212,564|271,427|
|CURRENT ASSETS|
|.|
|Debtors;|amounts|falling|due|within|
|one year|18|76,818|87,352|
|Stock|100|100|
|Cash|at|bank|and|in|hand|574,531|453,250|
|651,449|540,702|
|||
|CREDITORS|
|Amounts|falling|due|within|one|year|—|19|(14,631)|(35,549)|
|NET CURRENT ASSETS|636,818|505,153|
|TOTAL ASSETS|LESS CURRENT|LIABILITIES|849,382|776,580|
|CREDITORS|
|Amounts|falling|due|after more|than|
|one|year|0|0|
|NET ASSETS|849,382|£776,580|;|
|FUNDS|OF|THE|CHARITY|21|
|Unrestricted|Funds|776,281|691,455|
|Restricted|Funds|;|73,101|85,125|
|TOTAL FUNDS|849,382|£776,580|

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For the year ending 31st March 2021, the Charity was entitled to exemption from audit under section 477 of the Companies Act 2005 relating to small companies. 



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# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

# COMPANY LIMITED BY GUARANTEE 

# ; STATEMENT OF FINANCIAL POSITION 

# FOR THE YEAR ENDED 31ST MARCH 2021 

; 

, 

## Director’s responsibllities: 

The trustees/members have not required the Charity to obtain an audit of its financial statements of the year in question in accordance with section 476: o 

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. 

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime. 

These financial statements were approved by the board of trustees and authorised for issue on 26" October 2021 and are signed on behalf of the board by: 

## Mrs P Barker 

Secretary 



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8 

~ 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 

1. GENERAL INFORMATION 

The Charity is a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is Unit 4, Great Longstone Business Park, Great Longstone, Bakewell, Derbyshire, DE45 1TD. 

) 

2. STATEMENT OF COMPLIANCE 

These financial statements have been prepared in compliance with FRS102, ‘The Financial Reporting Standard applicable to UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Charities SORP (FRS102))and the Charities Act 2011. 

3. ACCOUNTING POLICIES 

## Basis of preparation 

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. 

The financial statements have been prepared in sterling, which is the functional currency of the Charity. 

Judgements in applying accounting policies and key source of estimation 

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and: are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. 

## Fund accounting 

Unrestricted funds are available for use at the discretion of the trustees to further any of the Charity’s purposes. Designated funds are unrestricted funds earmarked by the trustees for future project or commitment. 

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds. 

## Incoming resources 

All income is recognised in the Statement of Financial Activities (SOFA) once the Charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably. 

Donations and grants are credited to the SOFA as they become due. 

Legacy income is recognised when the receipt is probable, and entitlement is established. 

: . 

Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. 

Community transport service income is credited te the SOFA to allocate a proportion of profits on as straightline basis over the period of the service. , 

No amount is included in the financial statements for volunteer time in line with the SORP (FRS102). 



9 

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3. ACCOUNTING POLICIES — continued 

: 

# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 

## Resources expended 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to headings, they have been allocated to activities on a basis consistent with the use of resources. , 

## Expenditure includes any VAT which cannot be fully recovered and is included within the costs of activities. 

Charitable expenditure and the costs of generating funds comprise direct expenditure including direct staff costs attributable to the activity. Where costs cannot be directly attributed, including administration or support costs, they have been allocated to activities on a basis consistent with use of the resource. 

Support costs are those that assist the work of the Charity but do not directly represent charitable activities and include office costs, governance costs and administrative payroll costs. They are incurred directly in support of expenditure on the objects of the Charity. Where support costs cannot be directly attributed to headings, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with the use of the resource. 

Redundancy and termination expenses are recognised when the Charity is demonstrably committed to terminating an employee's contract of employment. 

## Depreciation 

Depreciation is calculated to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: 

Freehold property - improvements to property are written off over the life of the lease Motor vehicle - motor vehicles are written off at 10% on cost Equipment - office equipment is written off at 25% on cost 

## Individual assets costing £1,000 or more are capitalised at cost. 

Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost over the expected useful economic life. 

Assets are capitalised as the Charity commits to make the purchase; however, depreciation is not applied until the assets come into use. 

## Donated items are recorded in the appropriate asset register. 

The assets residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. 



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## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

| 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 

4, LIMITED BY GUARANTEE 

The Charity is a charitable company limited by guarantee. 


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||||||
|---|---|---|---|---|
|5.|DONATIONS|AND|LEGACIES|
|2021|2020|
|£|£|
|Donations|and|gifts|9,608|24,105|
|9,608|24,105|
|6.|OTHER TRADING|ACTIVITIES|
|2021|2020|
|£|£|
|Fundraising|events|2,305|72,772|

**----- End of picture text -----**<br>



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||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Income|from|other|trading|activities|was|£2,305|(2020:|£72,772)|of|which|all|(2020:|£72,772)|was|
|unrestricted.|
|7.|INVESTMENT|INCOME|
|2021|2020|
|£|£|
|UK|bank|interest|625|1,041|

**----- End of picture text -----**<br>


Income from investments was £625 (2020: £1,041) of which all (2020: £1,041) was unrestricted. 



12 

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## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 

## 8. INCOME FROM CHARITABLE ACTIVITIES 

|||Grants and|Grants and|Fares|Fares|and|and|||
|---|---|---|---|---|---|---|---|---|---|
||-|Subsidies|||Affiliations|||2021|2020|
||||£|||£||£|£|
||Grants received||44,503|||-||44,503|26,057|
||Fares received||-||487,607|||487,607|424,414|
|||£|44,503|£|487,607|||£532,110|£450,471|
|;||||||||||
||Income from fares was£487,607 (2020: £424,414) ofwhich all||||(2020:|£424,414)||was unrestricted.||
||Grantsand subsidies received, included in|theabove, areasfollows:||||||||
||Unrestricted|||Restricted||||||
|||funds|||fund||,|2021|2020|
||||£|||£||£|£|
||Bus services operators|||||||||
||grant (operating costs)||6,054|||-||6,054|5,402|
||DCC for training||-|||-||0|6,557|
||J Twigg forremote ITworking||-||1,406|||1,406|-|
||Connex||15,380||||-|15,380|14,098|
||DDDC Covid 19 related grants||19,669||||-|19,669|-|
||Café Club||1,994||||-|1,994|-|
||||£43,097||£1,406|||£44,503|£26,057|





1 | 

13 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 


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||||||||||
|---|---|---|---|---|---|---|---|---|
|9.|OTHER|INCOME|
|2021|2020|
|£|£|
|(Loss)/Gain|on|sale|of tangible|fixed|assets|660|8,437|
|£660|£8,437|
|Other|income was £660|(2020:|££8,437)|of which|all|(2020:|£8,437 was|unrestricted.|
|10.|RAISING|OF|FUNDS|
|2021|2020|
|£|£|
|Staff cost|424|©|2,780|
|Purchases|of|books|for|resale|157|1,143|
|£581|£3,923|
|All|the|above|costs were|unrestricted|(2020:|£3,923).|

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## 11. CHARITABLE ACTIVITIES COSTS 

## Community transport 


**----- Start of picture text -----**<br>
||||||
|---|---|---|---|---|
|Direct costs|Support|costs|Totals|
|(See|note|12) (see|note|13)|
|£|
|£352,632|£118,993|£ 471,925|

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14 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR THE YEAR ENDED 31ST MARCH 2021 

## 12. DIRECT COSTS OF CHARITABLE ACTIVITIES 

|DIRECT COSTS OF CHARITABLE ACTIVITIES|||
|---|---|---|
||2021|2020|
||£|£|
|Staffcost|227,643|268,129|
|Vehicle running costs|120,600|179,109|
|Travel costs|0|2,885|
|Volunteerexpenses|4,389|12,862|
||£352,632|£462,985|



. 

£351,226 (2020: £450,960) of the above costs were unrestricted and £1,406 (2020: £12,025) were restricted. 

13. SUPPORT COSTS 

|||Management|Governance|Total|
|---|---|---|---|---|
|||£|£|£|
|Community|transport|115,018|3,975|118,993|



£106,968 (2020: £64,578) of the above costs were unrestricted, £12,025 (2020: £42,067) were restricted, 

Support costs, included in the above, are as follows: 

## Management 

|Management|||
|---|---|---|
||2021|2020|
|Wages|31,146|31,146|
|Premises cost|40,875|25,620|
|Office costs|16,997|17,606|
|Operating leases— land and buildings|26,000|26,000|
||£115,018|£100,372|





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15 

BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

. 

## FOR YEAR ENDED 31ST MARCH 2021 

13. SUPPORT COSTS - continued 

|13.|SUPPORT COSTSCOSTS - continuedcontinued|.||
|---|---|---|---|
||Governance|||
|||2021|2020|
|||£|£|
||Lega! and professional fees|35|4|
||Accountants/auditors remuneration|3,940|3,335|
||Trustees’ insurance|0|2,934|
|||£3,975|£6,273|
|14.|NETINCOME/(EXPENDITURE)|||
||Net income/(expenditure) is stated aftercharging/(crediting):|||
|||2021|2020|
|||£|£|
||Accountants/auditors remuneration|3,940|3,335|
||Depreciation —owned assets|58,024|58,539|
||and finance leases|||
||(Surplus)/Deficiton disposal offixed assets|(660)|(8,437)|
||Operating leases— land and buildings|26,000|26,000|
|||£87,304|£79,437|



## 15. TRUSTEES REMUNERATION AND BENEFITS 

No trustees received any remuneration for their services. 

In accordance with normal commercial practice, the Charity has purchased insurance to protect trustees and officers from claims arising from negligent acts, errors or omissions occurring whilst on charity business. The insurance provides cover up to £1,000,000 on any one claim and the cost for the period ended 31st March 2021 was £0 (2020: £2,934). The cost of this insurance is included within the total insurance costs. 

## Trustees’ expenses 

There were no trustees’ expenses paid for the year ended 31st March 2021 nor the prior year. 



16 

, 

17. , 


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|<br>BAKEWELL AND EYAM COMMUNITY TRANSPORT<br>.<br>|<br>**----- End of picture text -----**<br>


## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR YEAR ENDED 31ST MARCH 2021 

|16.|STAFF COSTS||||||||
|---|---|---|---|---|---|---|---|---|
|||||||2021||2020|
|||||||£|.|£|
||Wagesand salaries|||||250,481||259,005|
||Social security costs|||||5,738||5,986|
||Pension costs|||||2,994||3,138|
||||||£259,213|||£268,129|
||The average monthly number ofemployees||during the yearwasas follows:||||||
||Average numberofemployees|||||35||-<br>44|
||The above numbers include full and parttime staff. The full-time equivalent||||average||||
||numbers are 12 (2020: 15).||||||||
||—||||||||
||No employees received emoluments more than £60,000 during the year.||||||||
||The total amount ofemployee benefits received by key management personnel is£31,146|||||||(2020: £31,146).|
||The Charity considers its key management personnel comprise thosewho are making||||||day-to-day delegated||
||executive decisions.||||||||
|||||.|||||
||Total redundancy payments amountto £0 (2020: £4,435).||||||||
|17.|TANGIBLE FIXED ASSETS||||||||
|||Improvements<br>To property||Motor<br>vehicles|Office<br>equipment|||Total|
||||£|£||£||£|
||COST|||||;|||
||On 1* April 2020||126,352|664,516||89,826||880,694|
||Additions<br>Disposals||-<br>-|0<br>(1,200)||-<br>-||0<br>(1,200)|
||On 31st March 2021|£126,352||£663,316||£89,826||£879,494|
|||||||||||
||DEPRECIATION|||||||||
||On 1* April 2020||102,590|418,389|.|88,287||609,266|
||Charge foryear<br>Eliminated on disposal||10,529<br>-|46,034<br>(360)||1,461<br>-||58,024<br>(360)|
||On 31stMarch 2021|£113,119||£464,063||£89,748||£666,930|
||NETBOOKVALUE||||||||
||On 31st March 2021||£ 13,233|£ 199,253||£78||£ 212,564|
||On31%March2020||£23,762|£246,127||£1,539||£271,428|





a|! 

17 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## - FOR YEAR ENDED 31ST MARCH 2021 

; 

|||,||
|---|---|---|---|
|18.|DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2021|2020|
|||£|£|
||Trade debtors|42,620|36,705|
||Otherdebtors|7,725|21,350|
||Prepayments<br>;|26,473|29,297|
|||£76,818|£87,352|
|19.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONEYEAR|||
|||2021|2020|
|||£|£|
||Trade creditors|7,966|27,728|
||Accruals|6,665|7,821|
|||£14,631|£35,549|



## 20. | LEASING AGREEMENTS 

The following operating lease payments are committed to be paid: 

|||Land and buildings||Other operating|leases||
|---|---|---|---|---|---|---|
|||2021|2020|2021|2020||
|||£|E|£|£||
|Expiring:|||||||
|Within one year||26,000|26,000|-|-||
|Between oneand fiveyears<br>In more than fiveyears|,|104,000|104,000<br>-|-|-<br>-||
|||£130,000|£130,000|£-|£-|-°|





19 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## NOTES TO THE FINANCIAL STATEMENTS 

## FOR YEAR ENDED 31ST MARCH 2021 

## 21. MOVEMENT IN FUNDS 


**----- Start of picture text -----**<br>
|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|As|of|1|April,|Net movement|Transfers|As|of 31|March|
|2020|Infunds|between|funds|2021|
|£|£|£|£|
|.|
|Unrestricted|funds|
|General|fund|691,455|84,826|-|776,281|
|Restricted|funds|.|)|
|Restricted|fixed|assets|85,125|(12,024)|-|73,101|
|TOTAL|FUNDS|£776,580|72,802|-|£849,382|
|Net movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|Gains and|Movement|_|
|Resources|expended|losses|In|funds|
|£|£|£|£|
|Unrestricted|funds|
|General|funds|543,902|(459,076)|-|84,826|
|Restricted|funds|1,406|(1,406)|
|Restricted|voluntary|income|0|0|-|0|
|Restricted|fixed|assets|0|(12,024)|-|(12,024)|
|TOTAL FUNDS|£545,308|(£472,506)|-|£72,802|

**----- End of picture text -----**<br>


The statement of funds note above is for various projects, all of which are used to provide community transport in Bakewell and the surrounding areas. 

20 



# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

# COMPANY LIMITED BY GUARANTEE 

# NOTES TO THE FINANCIAL STATEMENTS 

# FOR YEAR ENDED 31ST MARCH 2021 

| 

22. PENSION COMMITMENTS 

; 

The principal employee benefit, as operated by the Charity, is that of an Auto Enrolment scheme. The assets of the scheme are administered by trustees in a fund independent from those of the Charity. The pension cost charge for the year was £2,994 (2020: £3,138). 

. 

## 23. RELATED PARTY DISCLOSURES 

None. 

, 

## 24. ULTIMATE CONTROLLING PARTY 

The Charity has no single controlling party. 

## 25. LIMITED BY GUARANTEE 

The Charity is a company limited by guarantee. In the event of the Charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the Charity. 



, 

21 

7 

# BAKEWELL AND EYAM COMMUNITY TRANSPORT 

. 

# COMPANY LIMITED BY GUARANTEE 

| 

NOTES TO THE FINANCIAL STATEMENTS 

# FOR YEAR ENDED 31ST MARCH 2021 

THE FOLLOWING PAGES FORM NO PART OF THE STATUTORY FINANCIAL STATEMENTS 



22 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## DETAILED STATEMENT OF FINANCIAL ACTIVITIES 

. . 

; 

## FOR YEAR ENDED 31ST MARCH 2021 

||||2021|2020|
|---|---|---|---|---|
||||£|£|
|Income and endowments|||||
|Donations and legacies|||||
|Donations||.|9608|24,105|
||||9,608|24,105|
|Charitable activities|||||
|Fare and affiliations||487,607||424,414|
|Grants & subsidies|||44,503|26,057|
|||532,110||450,471|
|Othertrading activities|||||
|Fundraising activities|:||2,305|72,772|
|Investment income|||||
|Bank interest receivable|||625|4,041|
|Other income|||||
|Gain on disposal of tangible fixed assets held|||||
|forthe Charity’s own use|||660|8,437|
|Totalincome||£545,308||£556,826|





23° 

| 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## DETAILED STATEMENT OF FINANCIAL ACTIVITIES (continued) 

## FOR YEAR ENDED 31ST MARCH 2021 

. } 

|||2021|2020|
|---|---|---|---|
|||£|£|
|Expenditure||||
|Costs of raising donations and legacies||||
|Wagesand salaries||424|2,780|
|Purchase of books for resale||157|1,143|
|||581|3,923|
|Expenditure on charitable activities||||
|Wages and salaries||258,789|265,349|
|Operating leases||26,000|26,000|
|Premises<br>Insurance||24,695<br>1,495|25,620<br>3,806|
|Vehicle running costs||120,600|179,109|
|Othertravel costs||0|2,885|
|Legal and professional fees||3,975|3,339|
|Other costs||31,982|50,660|
|Volunteers’ expenses||4,389|12,862|
||.|||
|||471,925|569,630|
|Total expenditure||£472,506|£573,553|
|Net losses on investments||||
|Gains/(losses) on disposal ofinvestment property||~|-|
|Netincome||£72,802|(£16,727)|





, 

24 

## BAKEWELL AND EYAM COMMUNITY TRANSPORT 

## COMPANY LIMITED BY GUARANTEE 

## DETAILED STATEMENT OF FINANCIAL ACTIVITIES (continued) 

## FOR YEAR ENDED 31ST MARCH 2021 

||2021|||2020|
|---|---|---|---|---|
||£||;|£|
|Costs of raising donations and legacies|||||
|Donations|||||
|Wages and salaries|424||||
|Purchase ofbooks for resale|157|||1,143|
|Costs of raising donations and legacies|581|||3,923|
|Expenditureon charitable activities|||||
|Wagesand salaries|227,643|||234,203|
|Vehicle running costs|120,600|||179,109|
|Other travel costs|0|||2,885|
|Volunteers’ expenses|4,389|||12,862|
||352,632|||429,059|
|Support costs|||||
|Wages and salaries|31,146|||31,146|
|Operating leases|26,000|||26,000|
|Premises|26,190|||25,620|
|Other costs|31,982|||51,532|
||115,318|||134,298|
|Governance costs|||||
|Trustees’ insurance|0|||2,934|
|Accountancy fees|3,940|-||3,335|
|Legal and other professional fees|35|||-<br>4|
||3,975|||6,273|
|Expenditureoncharitableactivities|£472,506|||£573,553|