Cbaritv registration number 1055210 Company rIstratiOn number 02961054 (Englattd and Wale5) BAR-N-BUS TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024
BAR-N-BUS TRUST LEGALAND ADMINISTRATIVE INFORMATIOIY Patron MrNick Alslon CBE. DL (Since 26 April 2024) Trustees MrA Churchill Mr K Norn]aD Mr W Johnson Mrs Mandy Wheeler Susanna King Mr Rob¢rt Dart Mr Aaron Waits Mr Michacl Ivebb MTS Samantha Butt (Appoinlcd 9 October 2023) (Appoinlcd 26 April 2024) (Appollnd 26 April 2024) (Appointed 9 Oclobcr 2023) (Appointed 26 April 2024) Secretary MrA Churchill CEO Mr J Su¢1] Charity number 1055210 Cojnpony nuniber 02961054 Reglstered offiee Th¢ Hiv¢ C) Honcypot Lanc Basildon Essex England SS14 2JZ Independent examiner Frnncis Jamcs & Partn¢rs LLP 1386 London Road Lcigh on Sca Esscx England SS9 2UJ
BAR-N-BUS TRUST COIYTENTS Page Truslee5' report Independent ¢xaminees report Stat¢mcnt of financilll activities Balance sl)¢ei Notes to the finan¢ial 51atcments 8-16
BAR-N-BUS TRUST TRUSTEESI REPORT (INCLUDING DJRECfOR'S REPORT) FOR THE YEAR ENDED 5 APRIL 2024 The trustees present their annual report and financi31 statements for the ycar ended 5 April 2024. The fJnJncial stalcments have been prepared in acconlance with the accounling policies sct out in note I to thc financial statements and comply with ihe charit& governing documenl. Ibe Companies Acl 2006 dnd "Accounting and Reporting by Charities-. StsÈemcnt of Recommended Practice applieablc io charities Prcparing their accounts in accordance with the Financial Reporting Standard applicable in ilie UK and Republic ofireland IFRS 102). (etr¢ctive l January 2019). Operlltions Bar 'n' Bus is a Christian charity iyorking ivith young pcoplc ihroughout Essex. W¢ Provide profcssional. community based youlh work delivcring support pro8rJmmo ryices ror young pcople aged 10-19 Work includes: Mobilc Unit Outrcach- drop-in community-bascd scssions using our bespoke Mobile Youth Vehiclc. DeÈached Youill Work- on Ihe strcel, engaging young peoplc in the Plac they choose lo gather. Targ¢l¢d Youth Work Progrnmmes - e.g. hejlthy r¢lationships ivork. complimcntsry ¢ducation reducing risk of exclusion. w¢llbeing progrdinmes. In-scliool MLntorin&'_ traind volunlecrs provlding 1-2-1 to young pcopl¢ during the school day. W¢ work in pJrtner5hip with local Church %hools, councils and groups io provide profcssional. community-based youth work, seeking lrnnsforniJtion and fullncss of life for young people. We employ professional youth ivorker5 as lyell as r¢cwiling, training ond supporting teams of volunteeT5 to offcr a widcr provision of COTnmunity youÈh work. Our heart is to provide PTogrammcs for young people in thc location of Ihcir ¢hoosin& rniher tlian bringing Ihcm to our own venucs. A lorge amount of our ivork tskcs place 'on Ihc sircct. with d¢Ch¢d youih ivork'crs cngaging youns p¢oplc in parks. hiyi slrc¢És and play&irounds. as well as ulilising mobilc youih vchiclcs for outr¢ll¢h scssions. W¢ also providc a larbJC amount of in-school support with a groiving volunteer mentoring PTogramme. b¢spoke gmup work and oulrcttch programmes. Our plans for 2024125 are: - Exploring longer lerni funding Io grow and support our expanding youth work delivery Increase our youth work delivery capacity with incrcascd youih work staffing hour5 and voluiitecr engagcmcnt Vision set for tli¢ longer lerni cxploring potential for largcr rcsource nccds (L.E. pr¢mises) and staff strUCr¢S Increas¢ effcctivencss of trnslcc board with clear rolcs. rcsponsibilitiA and individunl ovcrsighis Spccific youth ivork dcvclopmenls includc: - Growing our community work provision in Castle Point to complement our in-school programmes - Expanding and developing our mobile youth work provision to reach more young people iviih new opportunities - Develop acc¢5sibl¢ woys in which young p¢opl¢ can influence ihc dI[tiOn and managcment of our whole opcrJlion We are hugely gratcful for the ongoing support we r¢¢eive from our supporter Public benefit When considcring wher¢ to focus our attention. thc board of truslccs have regard io thc Charity Commission's guidance on public bencfil ond what this means for Ihc charily. Progrtsmmes thls year hav¢ included: Over the past ycar w¢ have focused on decpening ow work in Basildon, Castle Point and Rochford wtth work bcing piofteered by our Youth Work Teain. Our 3 Youth Dcvelopn)eDt Workers have been grmving our programmes with ihc assistance ofour 3 Youih Support Workcrs. expanding setviccs lo young people. W¢ have SUCCruI]Y led 2 membeES of statTivÈth Nalionally r¢cognised Youth Work qualifications and 2 morc stsff our currently enrollcd in the trdining process.
BAR-N-BUS TRUST TRUSTEES, REPORT (IIYCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED S APRIL 2024 Dclaehed & Mobile Youth IVork- We are now in our second ycar of using our bespok-e Mobile Youth Vehicle which provides a pop-up drop-in spa¢¢ for young pcople in a numb ofiocations acro&s the south of tssex. The vehicle deploys on stte to providc a safe tsnd engaging spac¢ foT young people to meet each other. chat iviih the and gel involv¢d in positive aclivities. For some young people the droFin piovides a rcsular safe ond social spacc. bul for most it is also an ae¢es5 POitIt lo our othcr youth work provisions as they build initial relationships with the team here and then link with more stntctured sessions or hclp lo plans new progrdmm¢5. In-school Mentoring Ovcr 70 young pcoplc rcceive 1-2-1 support from the Bar 'n' Bus tcam each week across 10 local sccondary 5¢hools. Mentoring is und¢ttak¢n by both the sthff team and traincd volwii¢cis and provides young pcoplc with a trusted adult to sp¢ak Ivith each week as part of their school iimetable. The tram knve seen gredl su¢c¢5s in helping young people to grow in confidence, stay connected with m&in8lr¢am cdueation. gchicv¢ more than they imagined ihey could and overcome complex and challenging personal silualions. The is a hug¢ demand for this work from schools and feedback lo thc leam is exircmely positive. Food Eduution ProgTammes Provided in purtncrship with Active Esscx. the Food Education Fund has ttllowcd thc t&im lo build food cdueation into a number of our differet)t programmes. This slarted wilh ongoing support for our Basildon cooking programmes. but Ims noiv ¢xpanded lo enable us lo cooking progrnmmes on Ihc mobilc vchiclc with youn8 peoplc who woiild ncver attend a slrnclured sebsion. Young people have le8mt a range of diffcrent cooking skills as well as thinking aboui healthy lifesiylcs through the sessions. Bcing M¢ Being M¢ slarlcd as a Sclf Dcfcncc Progrnmmc for young ivomcn and has grown intt) a wcckly pcer support programmc whicli niDS in Raylcigh and Basildon. Youngi womLn who ¢ompl¢tcd u Sclf Dcfcnce course arc invi1 lo join Ihc ongoin&. group iylio develop their owm progrnmmc of octivities Jnd opportunities including arts, cookin8 and social activities. Through th¢ programm¢ young women have had the space lo support one another. work wilh key member5 of slatr and experi¢n¢e new opportunitics and challengcs. Snowdon Exp¢ri¢nc¢ 24 Support by the Nornian Garon Trnsl and Fowler Smith and Joncs, the Snowdon Exp¢ri¢nc¢ 24 projccl offers a key group of young people ihc chan¢c lo takc on Ihc challcngc ofconqucring a mountain. Thc 12 weck programme in¢ludc5 training walk5, map reading skills, first aid. Icam building and communication scssions but th¢ project a150 has 4 k¢y focus on rcfl¢elion and mcnlal hcaltll ivith young pcoplc exploring ¢onccpts ofpilgrimagc nnd pclsonal rcflcclion as part of Ihc challcngc. Thc projccl r¢achcs it conclusion in May 2024 whcn thc group travel to Walcs to climb th¢ mountain togeihcr. Reducing Exclusion Through 2023-24 Bar 'n' Bus hos d¢livered 3 12-we¢k programmes ivith Basildon schools wilh a specific focus on reducing school cxcllision. Working with cohorts of young people who are all asscssed as 'at risk of exclusion, the progrnmme offers rocuscd physical activily. pcrsonal reflection and enrichmont aclivilies. Thi5 ha5 includ¢d ivcckly boxing scssions, climbing over the 02, working with animals. 1¢8rning to cook visiting WlmIS¢e[ ond exploring m¢ntal health. Through th¢ project young peopl¢ have built a greater ¢ngag¢ment with their schwl and spccific mcmbers of leaching staff who they now se¢ as kcy support for ihcm wiihin th¢ school community. The team has been abl¢ to work ivith Sch(15 lo Rdju5t approaches lo young pcopl¢ by secing them as individua15 with specific nec(Ls and this has bcen a kcy factor in lh¢ suc¢¢ss of maintaining young peopl¢'s engagem¢nt with tDainstr¢am educaliott.
BIIR-N-BUS TRUST TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Review ofactivities and future deyelopmenls Thc Chariry is a Christian organisation whose primary aim is to reach out to young people this includes: Providing a lislcning ear. prdcli¢al help and ivise counsel to enablc young pcople to gain a sense of puOSe. walue sponsibility and scif-confid¢n¢e and thereby promotc and stimula1¢ their ovcrnll malurity and dcvelopmcnt. be it personal. s0¢ial. emotional or spiritual. Provide facilitics for youili work that provide a safe environrncni for young peopl& e5PLrially the under 18 group and thoye at risk, os a credible and wholesome alternative to negative influences such as drugs. alcohol, gambling addiction and erime. Prvvide opportuniltes and an environmenl for young people to develop effeclive. lasling personal relalionships with others. and to enable individuals from diffcrcnt backgrounds lo gct along logcthcr in a spitil of tolcrnnce, understanding and co- operalion. Rcpresent and rctlecl young pcoplc's views. attimdes. problems and aspiraltons 10 the media and community at larg¢ and to cncourage young pcoplc to aclTvcly think abouL intclli8¢ntly discu4 commcnt on and appropriately act on tii¢ issue.4 that affect thcm. Reserves The Charity oim5 to have suifi¢ient reserves lo:_ - Provide funds lo enable the Charily to conlinue its activilies in th¢ short ienn absence of fvnding. - Allow the Charity to continuc to develop the servic¢s il is able lo offer. - Allow the Charily to pursu¢ is long rnI development plan lo mcet thc necds of pr¢scnl and future youngsters. In order to mccl thcsc rcquircmcnts, the Charity aims to hold r¢ry¢S ¢quivalent lo at l¢asÉ 250/• of exp¢ndiluTC. Structurci governan¢¢ and management Cr)mpany and Charity law rcquircs the tntteS lo prcparc financial Statements for each finan¢ial year which givc a true and fair view of ihe state of alTairs of the Charity and of the surplus or deficil ofihe Charily for thot period. In preparins tho¥e financial sltslemenls, the trnstces huvc.. - seleL%ed suiLqblc accounling policies and Ihcn applicd thcm wisistcnily; - madc judgcm¢nls and ¢slimates that are reasonablc and prudent" - slaled iYh¢t]ier applicablc accounting sLindards havc bLYn folloived subjccl lo any material dcpartur¢s discloscd and cxplain¢d in the financial stalcm¢nls' and - pr¢p8r¢d the fuTrancial Stslements on Ihe goin8 con¢ern b&sis. The trustce5 have ovcr811 rcsponsibility for cnsuring thai thc Charity has approprialc syslcms of control, financial and oll)¢nvise. They arc responsiblc for ke¢ping proper accounting rccord5 ivhich disclosc iviih rcasonabl¢ ac¢urdCy at any tim¢ Ihc financial position of thc Charity ond cnablc th¢m lo ensure that the financial statements comply with the Companics Act 20U6. They are also r¢sponsible for sdfeguarding ihc assets ofihc Charily and b¢nce for tsking Sonabl¢ steps for Ihc prLvcnlion and detection of fraud und othcr irr¢8ularilies. Thc trustccs who are also directors of th¢ ¢haTity for the purposes of the Companies ACL submit their annual rcport and th¢ financial stat¢m¢nts of ihe coinpany for ihe year ended 5 April 2024. The Irustees have adopl¢d the provisions orth¢ Stsi¢ment of Rccommcndcd Practice {SORP) ' Accounting and RyrtiDg by Charities. issucd in January 2015 in preparing thc onnual rcport and financial slal¢menls of the charity. The tLUStces, who arc also ihc directors for the purpose of company law. and who scNed during Ihc y¢ar and up lo thc datc of sigmature ofihe financiJl slaÉ¢ments w¢re: Mr A Churchill Mr K Nomlan Mr W Johnson Mrs Mandy Wheeler Stjsanna King Mr Robert Dart Mr Aoron Watts Mr Michacl Webb Mrs Samantha Butt (Appointed 9 October 2023) (Appointed ?6 April 2024) (Appointcd 26 April 2024) (Appointed 9 October 2023) (Appoinicd 26 April 2024)
BAR-N-BUS TRUST
TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 5APRIL2024
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BAR-N-BUS TRUST INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BAR-N-BUS TRUST I r¢port to th¢ IteeS oft my examination of the financial statem¢nts of B4r-N-Bus Trust (the clwity) for th¢ y¢ar ended 5 April 2024. Rcspon5ibilities and basis of report As th¢ ISIceS of the charity (and also ils direciors for the purposes of company law) you are responsible for the preparation of the financial slalements in accordance with the requircmcnls of the Companies Act 2006 (the 2006 Act). Having satisfied myself that dle fmancial statem¢n15 of the cbarity #r¢ not required to bc audit&J under Part 16 of tli¢ 2006 Act and are eligible for indepcndenl examination, I report in respect of my examination of the charity's financial slat¢ments carried out under seclion 145 of the Charltlcs A¢t 2011 (Ihc 2011 Acl). In canying out my examynalion I hav¢ folloived all Ihc applicable Dircctions giv¢n by the Charity Commission under secrion 145(5)(b) of the 2011 Act. Independent examlney's stitement I hav¢ completed my examination. I confim that no matters have come to my attention in conftection with the examination givinE me causc to believe that in any matcrial respect: accountin8 record4 were not kept in respect of the charity as required by Srftion 386 of the 2006 Acl. or the fii)aii¢ial statements do not accord with Ihose record8- or Ihc financial stalemcnts do not comply with ilic accounting rcquircments of scction 396 of Ihc 2006 Acl other than any requiremcnl that Ihe accounls give a true and fa?r vicw which is not a matter considered as part of an indcpendent exnIntion. or the financial slalcments have not been prcparcd in accordance with tli¢ methods and principles of thc Siiltcmcnl of Rccomincndcd Pracli¢e for accountin&y and Fcporiin8 by ¢InIteS opplic8blc lo cliArili¢5 picparin&Y Ihoir aLcounls in &ccordan¢c with the Financial Reporting Standard applieabl¢ in thc UK and Rcpublic of Irclund (FRS 102). I have no concerns and have come acmss no othcr matters Tn connection with Ihe examinalion to which attention should b¢ drawn in Ihis report in ord¢r lo cnablc a proper undetslanding of the financial slalcnients lo bc reaclicd. Frnncis James & Partners LLP 1386 London Road Leigli on Sea Essex SS9 2UJ England Dated.. 8 July 2024
BAR-N-BUS TRUST STATEMENT OF FINANCIALACTIVITIES XNCLUDING INCOME AND EXPENDuRE ACCOUNT FOR THE YEAR ENDED S APIUL 2024 Unrestricted Restri¢led funds Tothl Ullrestricted funds 2023 Restricted runds 2023 Total 2024 2024 2024 2023 Notes Encome from: Donations and legacies ChaFilable aclivilies Investsnents 24,534 24,534 168.084 1,527 47,199 47.199 339,917 377 168.084 339,917 1,527 377 'rotAI ineome 26,061 168.084 194.145 47,576 339,917 387,493 I XDenditure on: Raising funds Charitable aclivilies 74 37.828 76 205,101 150 242,9?9 208 301.015 216 351.610 30,595 To¢al ¢xptnditure 37,902 205,177 ?43,079 50,603 301,223 351,8?6 Net incomel(¢xp¢ndlture) (11.841) (37,093) (48,934) {3,027) 38,694 35,667 Transfers betivLen funds 305 (305) 3,963 (3,963) Net movement in funds (11,536) (37,398) (48,934) 936 34,731 35,667 Reeoneilintion of funds: rund balances at 6 April 2023 65,624 57.611 123,235 64,688 22.880 87,568 Fund bg14nees at 5 April 2024 54,088 20213 74JOI 65,624 57,611 123,235 The slalemenl of fmancial acl1vili includes all 8ains and 105ses recolSed in thc y¢ar. All income and cxpendilure derive rroTn conlinuing aclivilies.
BAR-N-BUS TRUST BALANCE SHEET AS AT 5 APRIL 2024 2024 2023 Y4oles Fix¢d assets 'rangible assets 13 16,392 19,631 Current oss¢ts Debtors Cash al bJnk and in hand J4 14,137 137,849 3,948 106,418 151.986 110.366 Creditors: 4moMllts falling duc within on¢ yethr 15 (94.077) (6,762) Net eurrnnt ¥ss¢ts 57.909 103,604 Total llssets less eurrent liabilities 74,301 123,235 Net aS5e¢s ¢x¢luding p¢nsfton liability 74,301 123 ?35 I'li¢ funds oftbe eharity Restricted income fijnds Unrestricted fun(b 16 20.213 54,088 57,611 65,6?4 74,301 123.235 Tli¢ company is enlitl¢d Éo the exemplion from ihe audil rcquir¢ment contsined in s¢etion 477 of the Companics Act 2006. for Ihe year ended 5 April 2024. The director acknoiYl¢dges her responsibilities for complying ivith Ihe requiremen15 ofthe Companie5 A¢t 2006 ivitli respccl lo accounting records and th¢ prepornlion of financial statements. The members have nol required the company to oblain an audil of its finaocial slalements for ihc year in question in accordan¢¢ iyith section 476. Thcse fin8ncial slalements have been prepared in accordance iyith the provisions applicable lo companies subject to the small companie5 r¢gimc. The finallcia] slatemenls iyere approved by the trustces on.... MrA Churcbill 'rrustee hnson Trn51e¢ and chair Company regftslrnlion numbeT O?961054 (England arAd Wales)
BAR-N-BUS TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APIUL 2024 Accounting policies Charity infDrmaifion Bar-N-Bus Tnjst is a private company limited by guardntee incorpordted in England atjd Walcs, The rcgistcred office is Thc Hive, 6 Honcypot Lane. Basildon. Essex, SS14 2JL England. 1.1 Accounting eonventlon Thc financial slaternents have been preparcd ID accordancc iviih th¢ charity's [goveming docum¢nt]. the Companies Act 2006. Flis 102 "The Financial R¢portingi Standard applicablc in thc UK and Republic of Ircland" {"FRS 102") and the Charilics SORP "Accounting and Rcponing by Charities: Statement of Recommended Prncticc applicablc io chariflcs prcparing iheir accoun15 in accordance iyith the Flnancial Reporting Standard applicable in the UK and Republic of Ircland (FRS 102}" (effeetive l January 2019). The charity is a Public Bcncfil Fnlity as defjned by FRS 102. Th¢ ¢hority has taken advantage of lh¢ provisions in the sopTr for ¢h3rilies not to prcporc a Siat¢m¢nl of Cash Floiv$. Thc financial 51atcmcnls arc prcparcd in sterlin& which is Ihc functional cumcy of the ¢liarily. Monclary an)ounls in these financial statemenls are rounded to the n¢arest £. The financial statements havc bccn Prepared und¢r ih¢ historical cost convention. [modifi¢d to includc thc rcvaluation of rreehold prop¢riies and lo includc inveslm¢nl ptopcrties and certain financial inslrum¢n15 ai fair valuc]. The principal accounting poliGi¢s adoplcd ar¢ scl out bclow. 1.2 Golng concern At thc lim¢ of approving thc financial slalcments. Ihc trustccs have a reasonable expectation that the charity has adeqLtal¢ resources to continuc in opcralional existenc¢ for ihe foreseeable futurc. th¢ ¢TusIccs Continuc to adopt the going Concern basis ofaccounlinbi in preparing Ihe fancIal stslcmcnts. IJ Charitablt funds Unrestricted funds are 4vailablc for usc at the discretion of ihc truslecs in furthernnce of their ¢haritJble objectives. Rcsirictcd funds arc subje¢l lo spc¢ific Condttions by donoE5 or granlots as ¢0 how thcy may be used, Thc Pu05cS and uscs of thc striCted funds ar¢ set out in thc notes to ihe financial slatemcDIs. Endoiyment fund5 arc subject lo swifi¢ ¢ondilions by don0 thai ihe capitsl musl bc D]ainlained by Ihe charily. IA Incomo Income is recognised when Ihc charity is lcgally cntitlcd to it after any perfonnancc conditions have bn rnel, the amounls can be measured i¢li8blyg alld il is probable that income will be ff¢¢ive(L Cash donations are reco8nised on receipt. Other donations are recognised on¢¢ thc chartty has becn notified of the donation, unless perfonnance condilions r¢quire dclerral of Ihe amount. Income lax rewverable in relalion to doll4lions rcceivcd under Gift Aid or d¢¢ds of covcn3nt is reco8nis¢d at the timg of the donation. Legacies Mre recogmised on receipt or otherwise ifihe charity h&5 been notified oran impeDdin8 di5tribulion, the amount is knoMTr, and receipt is expected. If the amounl is not kno1. thc Icgacy is treated as a contingent ass¢t.
BAR-N-BUS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIWED 5 APRIL 2024 Ae¢ountlng policies (Continued) 1.5 Expendiknre Expendilur¢ is recognised once there is a legal or conslruclive obligaiion to trao5fer econoniic benefii Its a third party. il is probable that a transfer of ¢conornic benefits will be required in settlemcnL and the amount of ihe obligatioii can b meiisured reliably. Expcndilurc is classified by aciivity. The costs of each activity arc made up of the total ofdir¢ct Costs and sliared costs. including support costs involv¢d in undertaking ca¢h aclivily. Direct cosis aitribulablc to a single aelivity arc allocaicd directly to that actxvity. Shared costs which contribute io more Ilian one aelivity and support C4)sls wliich aTC not allributable lo a singlc activity arc apporlloncd beiive¢n ihosc aclivilics on a b&sis consislenl wilh ilic usc of SOUrCes. Central staff costs aTC alloealed on thc bosis of lime spenL and deprcciation Charges arc allocated on ihc portion of Ihe assel's use. 1.6 Tangible fixed $Sets Tansible fixcd asscts art initially measured at cost and subsequcntly m¢asured at C05t or valuatiow net of dreCIatIon and any impaimi¢nt losscs. Depreciation is rc¢o8nised so as lo writc off th¢ ¢osi or valuation of assets less thcir rcsidual valu¢s ovcr Ih¢ir f1 lives on the following bascs: PIAnl and cquipmenl Compulcrs Motor vehiclcs 150/0 on rcducing balance 25 /0 on cost 150/0 on reducing balancc Thc gain or loss orising on the disposal of an asset is d¢iemiined as ihe diffcrence betwecn Ihc sul¢ proceeds and the caryin8 value ofthe ass¢t, 8nd is reCOlSed in the slatrment of financial aclivilies. 1.7 Impairment of fixed asstls Al ¢ach reporting end dllt¢, the Charity reviews Ihe canying amounts of its longible osscls to d¢terniine whcili¢r thcrc is ony indication Ihot thos¢ assets have suffered an irnpairnicnt loss. If any such indication cxi515, Ihe recoverabl¢ amount of thL &ssel is cslimated in ordcr lo dclcmline Ihc cxtcnl imp?irnKnt loss (ifany). 1.8 CJ5h and cash equivalents Cash and cash cqvivalenls include cash in hand, deposits held at call with banks. oth¢r short-terrn liquid investsnents with oiiginal moturilies of ihree monihs or le4 ond bank overdrnfts. Bank ov¢rthans are shown wiihin borrowinss in current liabilitie& 1.9 f4inan¢iJl instruments Thc Charity has cl¢¢lcd io apply Ihc provisions of Seclion 11 'Ba5ic Financial Instrumcnls. and Scclion 12 '01bcr Finuncial Instrum¢nts Is5ucs' of FRS 102 to all of its financial instnuncnts. Financial inslnjments are rccognised in ihc charity'5 balance sheet when the charity becomcs party to thc conlractual provisions ofthe instrurncnt. Fin8nciul asscts and liabilities are offseL with the net amounts presented in th¢ financial statements, wh¢n there is a 1¢8ally enforeeablc right lo sel off the [ogDISCd amounts and th¢re is an iniention to settlc on a net basis or to &ll$e the assct and settle the liability simultsneously. BasiLfinoncial llssets Basic finan¢ial assets. which include debtors and cash and bank balances. arc initially mvdsured at trdnsaction price including Iransaclion costs and ate subscqu¢ntly carried at amortised cosl using the cff¢¢tivc inteic5t meihod unless the arrangement constithtes a financing Iransaction. whcre the transaction 15 measurcd at tho present valuc of the futurc receipts discounted at a market rat¢ of inte5t. Financial assets classified as receivabl¢ within one year are not amortised.
BAR-N-BUS TRUST NOTES TO THE FIIYANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Actounting polities (Continued) Basiefinancial lidbilili¢s Basic financial liabiltlie5. Ancludiny credi10 and bank loans are initi211y recognised al Iransaclion price unless ihe arrdngement constitute5 a financing tran5actioTL where the debi instrument is mcasuted at th¢ prcsent value of the future payments disLountLd at a market rnle of InteL Financial liabillli classified as payable within one ar Trre not amorti5ed. D¢bi instrurncnts are subsequenily carTied at Jmortised c05L using thc ctTectiv¢ inlcresl rale meihod. Trade QditOrs are oblsgalioDS to pay for goods or ser4itts th3t hav¢ becn acquired in Ihe ordinary coursc of opcralions from suppliers. Arnounts payablc arc classificd as current liabilities if payrnent is duc within one y¢ar or Icss. If not, they are presenled as non-CUtTent liabilities. Trade credilors are recognised initially at iransaciion price and sub5¢quenily measured at amortised Cost using the cffcclivc inierest rnh0d. Derecognifton offinoncial liabililies Financial liabilities are dLrccogniscd when Ihc chariiy's ¢ontTaclual obligation5 cxpir¢ or aff discharged or canLelled. 1.10 Employec bon¢fits Thc cotst of any unvsed holiday entiilcment is recwis¢d in Ihe pcriod in which ihc ernploycc's servi¢¢5 are rcc¢iv¢d. Tcmiinalion ben¢fits are recognis¢d IMMl4¢¢1Y as an expensc when the charity is demonslrably comiTJitt¢d to lerniinat¢ thc cmployment oran cmploy¢c or lo provide t¢m)in4tioft ben¢fits. Criticol aceountlng ostimthtes and judgements In th¢ application of ihe chari(y's aceounling poli¢ic& IhL' Irustec5 arc rcquircd to makc judgcmcnls, cslimales and asstsmptions about ihe eanying amount of a5scts and liabilitics ihat are not readily apparcnt from oth¢r sOue$. The eslimates and associated assumptions are based on IRislorical experien¢¢ and other fa¢lors ihat are considered to be relcvanl. A¢1 results may diffcr from ihesc cslim8ies. The estimates tsnd underlying sssumplion$ ar¢ rcviewed on an ongoing basis. Rcvisions to 8ccountin8 esiimates ar¢ r¢cognised in thc pcriod in which thc eslirnatc is rcvised wherc the rcvision affccts only that period, or in thc pcriod of Ili¢ rlSIOn and futurc periods wheTC Ibe revision atrccl$ both cu¢n¢ and fulurc pcriods. Incomo from donatioa)s #nd legacies Unrestrictod Unrestrkcted runds 2023 2024 Donations and gifts 24,534 47,199 10-
BAR-N-BUS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Ineome from charitable attivities Restricted funds 2024 Restricted funds 2023 Charitable ac¢ivitie$ P¢rformanc¢ r¢laled 8raots 168,084 339,917 Income from Investments Unrostricted Unreslricted funds funds 2024 2023 Inleresl rcc¢ivabl¢ 1.527 377 ¢ xpenditure on ralslllg funds Unrestrlcted Restricted runds funds 2024 2024 Total Unrestricted funds 2023 Restricted runds 2023 Tolal 2024 2023 Fyndrnising ond publicity Other fundrdising costs 74 76 150 208 216 11
BAR-N-BUS TRUST NOTES TO THE FINANCIAL STATEMENTS (COIYTINUKD) FOR THE YEAR ENDED 5 APRIL 2024 Expenditure OD charitable attivities Charitable ¢tivitie$ 2024 ChrItable ¢tivitits 2023 Direct costs Mobile unils Mobile unit and van cxpenses Community and mentoting 19 3,579 30.523 175,472 6.244 8,126 34.121 189.842 Sh*re of support and governance costs (see note 8) Support Governfjn¢¢ 206,858 1.950 159,886 1,882 242,929 351.610 Analysis by fund Unrcslriclcd funds Resiricied filnds 37.828 205,101 50,595 301,015 242,929 351.610 Support COSts ?Iloeoted to activities 2024 2023 Staff costs DeprcciJtion Trdining Offi¢¢ Costs lelephon¢ Sundries Motor cxpcnses Insurance Subscriptions Baok cbarg¢s Repair5 and rcllewals Govcrnance cosLs 185.914 3,544 718 5,809 795 365 8.305 1.345 135.491 4.488 3,406 5.961 532 337 5.784 2.612 524 65 686 1.882 63 1.950 208.808 161,768 Analysed between: Charitable activities 208.808 161.768 12-
BAR-N-BUS TRUST IYOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED S APRIL 2024 Net rnovenjent in funds 2024 2023 Tlic nel movemcnt in funds is stated aft¢r chaTginU{emliting): Dcprecialion of owned tangible red asscts 3.544 4.488 10 Trust¢es None of the trustees (or any peN)ns connecled ivith them) received any remuneralton or b¢D¢fits from the clwity dursn the yc#r. Employees The 47v¢rdge monthly number of employe¢s during ihe year was: 2024 Number 2023 Number Employment costs 2024 2023 Wages and sulari¢s 185.914 135,491 There wer¢ no ernployees whos¢ annual remunerdlion was rn0 ihan £60,000. 12 Tayatlon The charity is excmpl from taxation on ils activities bccaus¢ all ils inrn¢ is Applieij for Charitttble purposes. 13-
BAR-N-BUS TRUST NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 13 Tangible red assets PJ3Tht and tqulpmeAt Compu(ers JMotOT Wthlcles Cost At 6 Aprll 2023 Addiiions 12,596 5.352 305 14,950 32.898 305 At 5 April 2024 12.596 5,657 14,950 33,203 Dcpreciation Qnd impJfrm¢nt Al 6 April 20?3 Deprccialion charged in the year 4,500 1,214 4,618 710 4.149 1.620 13,267 3.544 At 5 April 2024 5.714 5.328 5,769 16,811 Carrying amount At S April 2024 6.882 329 9,181 16,392 At 5 April 2023 8,096 734 10.801 19,631 14 Debtors 2024 2023 Amounts f&lling du¢ ivlthln one yenr.. Other d¢btors 14,137 3,948 15 Credltors: amounts f2lling due withln one year 2024 2023 oih¢r laxalion and social securily Accruals and iJefetr¢d in¢om¢ 5.065 89,012 4,027 2,735 94.077 6.762 14-
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