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2022-09-30-accounts

2022 2021
Incoming resources:
Passenger fares and concessions 14,575 13,707
Group and private hire 25,542 5,261
Bus service contracts - Notts County Council
Bus Service Operators'
Grant (BSOG)
3,473 3,386
43,590 22,354
Nottinghamshire
County Council - annual S19grant
11,961 13,430
Other grants and donations 4,474 17,985
60,025 53,769
Sponsorship
income
2,632 3,486
Affdiation
fees
67
Interest received 1,379 1,876
Profit on sale ofminibus 17,000
Total incoming
resources
64,103 76,131
Resources expended:
Customer services and accounting 29,646 16,585
Fuel and oil 13,494 3,754
Minibus maintenance
and repairs
4,123 4,691
Insurance,
licences and permits
6,530 7,482
Other bus operating
costs
4,547 419
Training
and drivers'
costs
4,152 1,330
Marketing,
telephone
and other office costs
1,252 8,606
Depreciation 16,301 16,301
Total resources expended 80,045 59,168
Net incoming resources for the year (615,942) f,16,964

BALANCE SHEET
As at30September 2022
Note 2022 2021
Fixed assets
Tangible fixed assets 34,954 51,254
Current assets
Debtors and prepayments 3 9,259 8,158
Cash at banks and building societies:
Restricted for future vehicle replacement 228,462 207,094
Other 44,078 70,288
281 799 285 540
Current
liabiTities
Creditors falling due within one year 1,703 1,710
Grants received in advance ofexpenditure 2,623 6,715
4326 8425
Net current assets 277,473 277,115
Net assets f312,427 K328,369
Designated
funds
228,462 207,093
Undesignated
funds
83,965 121,276
Total funds f312,427 6328,369

2. Fixed assets
Minibuses Equipment Total
Cost
At I October 2021 294,329 3,237 297,566
Additions
At 30September 2022 294,329 3,237 297,566
Capital grants
At 30September 2021 192,775 192,775
Received in the year
At 30September 2022 192,775 192,775
Depreciation
At I October 2021 50,536 3,000 53,536
Charge for year 16,111 190 16,301
At 30September 2022 66,647 3,190 69,837
Net book amount
At I October 2021 851,018 f237 851,255
At 30September 2022 f34,907 f47 f34,954
3. Debtors and prepayments
2022 2021
Insurance &licence prepayments 3,975 4,845
BSOGgrants 1,540 1,540
VAT recoverable 1,485 335
NCC Concessions 1,073
Other debtors 1,186 1,437
89,259 68,158

Ye ar ended 30Septemb er 2 022
4. Designated
funds
At I October 2021 207,093
Setaside (rom Undesignated Funds 21,369
At 30September 2021 f228,462
5. Undesignated
funds
At
1 October 2021
121,276
Setaside to Designated Funds for future minibus replacement (21,369)
Net income for the year —page 6 (15,942)
At 30September 2022 K83,965