CHARIOTTS
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
CHARIOTTS
ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
LEGAL STATUS
Chariotts is registered with the Charity Commissioners under the Charities Act 2011.
CHARITY NUMBER
1067633
PRINCIPAL ADDRESS
Unit 29 Whitegate Industrial Estate Whitegate Road WREXHAM LL13 8UG
INDEPENDENT EXAMINERS
Mike Griffiths & Partners The Yew Tree Inn High Street Gresford WREXHAM LL12 8RF
CHARIOTTS
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023
OBJECTIVES
The objectives of the charity are:
To provide a community transport scheme for anyone living within the County Borough of Wrexham who is unable or has difficulty in using existing public transport because of disability or ill health.
To help people with disabilities/sensory impairment to retain independence and opportunities through transport appropriate to their individual needs.
The Charity has had due regards to the Charity Commission’s published guidance on public benefit.
TRUSTEES
The Trustee’s at 30[th] September 2023 were:
Mr Philip Hughes (Chairman)
Mr Keith Robinson (Treasurer)
Mr Alan Story (Fundraiser)
Other trustees who served in the year were:
Mr Ray Davies
Mrs Gillian Eastwood
New Trustee’s recruited to the committee are fully appraised of their responsibilities to the Charity. They are issued with the Minutes from previous twelve months meetings and the Minutes from meetings preceding this are made available if required. All trustees will be issued with the Charities commission booklet CC3 – The essential Trustee: What we need to know.
RISK MANAGEMNT
The trustees have carried out a risk management review, which involved identifying the type of risks facing the Charity, prioritizing them in terms of potential impact and likelihood of occurrence, and identifying ways of mitigating the risks.
In the opinion of the Trustees the charity has resources and review systems in place which, under normal conditions, should show the risks to be mitigated to an acceptable level in its day-to-day operations.
RESERVES POLICY
Funds are retained by the Charity in Reserves to provide for future expenditure needs. The Charity looks to hold free reserves at a level of £60,000 in order to meet future expenditure. It considers £40,000 sufficient reserves to hold in order to cover approximately 3 months running costs. The other £20,000 is held in order to replace vehicles with new or second hand as necessary.
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CHARIOTTS
TRUSTEES’ REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2023
SUMMARY OF ACTIVITIES AND ACHIEVEMENTS
The last 12 months has brought a much welcome stability to our finances: our income versus expenditure is in its healthiest position since pre-COVID, fundraising activities have also contributed enormously to this achievement. So, thank you to our numerous benefactors for their contributions, every penny is appreciated.
Last year we only completed 42% of the total journeys completed in 2019, this clearly indicates the effect COVID has had, and is still having, on our charity, and demonstrates we still have a way to go to recover. Our focus for this coming year is to maintain financial stability, along with trying to make inroads into recovering our financial reserves, and hopefully begin our journey back to the operating levels of the preCOVID era.
| TOTAL JOURNEYS | JOURNEYS | PASSENGERS | ||
|---|---|---|---|---|
| REQUESTED | COMPLETED | CARRIED | ||
| Wheelchair | Users | 3502 | 2747 | 3346 |
| Passengers | Walking | 4984 | 4037 | 4189 |
| Total | 8486 | 6784 | 7535 |
MEMBERSHIP TO DATE – 959
P Hughes: Chairman On behalf of the Trustees
Date:
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF CHARIOTTS
We report on the accounts of the charity for the year ended 30 September 2023 which are set out on pages 4 to 9.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s 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.
It is our responsibility to:
-
examine the accounts under section 145 of the 2011 Act;
-
follow the procedures laid down in the General Directions given by the Charity Commissioners under section 145(5)(b) of the 2011 Act; and
-
state whether particular matters have come to our attention.
Basis of independent examiner’s report
Our 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 accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, 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 accounts 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 our examination, no matter has come to our attention:
-
1). which gives us reasonable cause to believe that, in any material respect, the requirements:
-
to keep accounting records in accordance with section 130 of the 2011 Act; and
-
to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act
have not been met; or
- 2). to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Mike Griffiths & Partners
The Yew Tree Inn High Street Gresford WREXHAM LL12 8RF
Date :
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CHARIOTTS
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2023
| Unrestricted Restricted funds funds Notes 2023 2023 Incoming Resources: £ £ Incoming Resources from Generated Funds Voluntary Income Grants 53,735 - Donations 1,966 - Activities for Generating Funds Fundraising 10,702 - Investment Income Bank Interest - - Incoming Resources from Charitable Activities Members Contributions 60,202 - Membership fees - - Other Incoming Resources 86 - Total incoming resources 126,691 - Resources Expended: Cost of Generating Funds Fundraising Costs - - Cost of Charitable Activities 4 124,966 - Governance Costs 5 480 - Other Resources Expended - - Total Resources Expended 6 125,446 - Net Incoming Resources Before Transfers 1,245 - Gross Transfers Between Funds - - Net Movements in Funds for the Year 1,245 - Fund Balances Brought Forward at 1 October 2022 136,474 - Fund Balances Carried Forward at 30 September 2023 137,719 - |
Total funds 2023 £ 53,735 1,966 10,702 - 60,202 - 86 126,691 - 124,966 480 - 125,446 1,245 - 1,245 136,474 137,719 |
Total funds 2022 £ 30,463 2,968 4,365 220 49,374 - 21 |
|---|---|---|
| 87,410 | ||
| - 116,942 462 - |
||
| 117,404 | ||
| (29,994) - |
||
| (29,994) 166,468 |
||
| 136,474 |
The notes set out on pages 6 to 9 form an integral part of these financial statements.
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CHARIOTTS
BALANCE SHEET AS AT 30 SEPTEMBER 2023
| Notes FIXED ASSETS Tangible assets 7 CURRENT ASSETS Debtors 8 Cash at bank and in hand CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 9 NET CURRENT ASSETS NET ASSETS 10 RESERVES Restricted funds 11 Unrestricted funds 11 |
£ £ £ £ 23,020 19,057 - - 115,691 117,879 115,691 117,879 480 462 115,211 117,417 138,231 136,474 - - 137,719 136,474 137,719 136,474 2023 2022 |
£ £ £ £ 23,020 19,057 - - 115,691 117,879 115,691 117,879 480 462 115,211 117,417 138,231 136,474 - - 137,719 136,474 137,719 136,474 2023 2022 |
|---|---|---|
| 115,691 480 |
||
| 136,474 | ||
| - 136,474 |
||
| 136,474 |
ON BEHALF OF THE BOARD ON:
P Hughes (Chairman)
The notes set out on pages 6 to 9 form an integral part of these financial statements.
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CHARIOTTS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
1. ACCOUNTING POLICIES
a) Basis of Preparation
The financial statements have been prepared under the historical cost convention. The financial statements have been prepared in accordance with the Statement of Recommended Practice (SORP), “Accounting & Reporting by Charities” published in 2005 and applicable accounting standards.
b) Income
Income is recognised in the financial statements as follows:
Recognised in the period in which received and restricted where applicable.
Grants:
Includes money received from the members for use of the vehicles and money paid by them annually to use the service.
Members’ Contributions: Includes money received from the members for use of the vehicles and money paid by them annually to use the service. Donations and sundry income: Recognised in the period received. Investment income: Recognised in the period in which received.
c) Depreciation
Depreciation is provided in equal amounts each year in order to write off the cost of fixed assets over their anticipated useful lives.
Anticipated useful lives are:
| Anticipated useful lives are: | |
|---|---|
| Fixtures and fittings | 4 years |
| Motor vehicles | 5 years |
2. STAFF COSTS
| Wages and salaries Pension Contributions Employers' National Insurance Contributions 4 The average number of full-time equivalent employees was |
2023 £ 66,731 - 1,519 68,250 2 |
2022 £ 62,870 - 2,484 |
|---|---|---|
| 65,354 | ||
| 2 |
No employee received £60,000 per annum or more.
3. TRUSTEES REMUNERATION AND EXPENSES
No remuneration directly or indirectly out of funds of the charity was paid or is payable for the year to any trustee.
No Re-imbursement of expenses occurred in the year (2022 - £nil) in respect of trustees and their expenses as voluntary drivers (travel and sundry expenses).
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CHARIOTTS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
4. COST OF CHARITABLE ACTIVITIES
| Unrestricted 2023 £ Wages and employee costs 68,250 Office expenses 13,836 Training - Volunteers expenses 147 Motor expenses - Fuel only 13,645 Motor expenses 18,551 Depreciation 13,037 Loss/(Profit) on disposal of fixed assets (2,500) 124,966 |
Restricted 2023 £ - - - - - - - - - |
Total Total 2023 2022 £ £ 68,250 65,354 13,836 12,089 - - 147 114 13,645 15,087 18,551 15,653 13,037 11,145 (2,500) (2,500) 124,966 116,942 |
|---|---|---|
5. GOVERNANCE
| Accountancy Bank charges |
Unrestricted 2023 £ 480 480 |
Restricted 2023 £ - - - |
Total Total 2023 2022 £ £ 480 462 - - 480 462 |
|---|---|---|---|
6. TOTAL RESOURCES EXPENDED
| Cost of generating funds Cost of charitable activities Governance costs Other resources expended |
Staff costs £ - 68,250 - - 68,250 |
Depreciation £ - 13,037 - - 13,037 |
Other costs £ - 48,679 480 - 49,159 |
Total Total 2023 2022 £ £ - - 129,966 116,942 480 462 - - 130,446 117,404 |
|---|---|---|---|---|
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CHARIOTTS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
7. TANGIBLE FIXED ASSETS
| Cost: At 1 October 2022 Additions Disposal At 30 September 2023 Depreciation: At 1 October 2022 Charge for the year Eliminated on disposals At 30 September 2023 Net Book Values: At 30 September 2023 At 30 September 2022 8. DEBTORS Other debtors 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Accruals |
Fixtures and fittings £ 11,952 - - 11,952 11,907 45 - 11,952 - 45 |
Motor vehicles £ 63,960 17,000 (8,500) 72,460 44,948 12,992 (8,500) 49,440 23,020 19,012 2023 £ - - 2023 £ 480 480 |
Total £ 75,912 17,000 (8,500) |
|---|---|---|---|
| 84,412 | |||
| 56,855 13,037 (8,500) |
|||
| 61,392 | |||
| 23,020 | |||
| 19,057 | |||
| 2022 £ - |
|||
| - | |||
| 2022 £ 462 |
|||
| 462 |
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CHARIOTTS
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
10. ALLOCATION OF NET ASSETS
| Restricted funds Unrestricted fund |
Fixed assets £ - 23,020 23,020 |
Net current assets Total £ £ - - 115,211 138,231 115,211 138,231 |
|---|---|---|
11. RESERVES
| Balance Incoming Resources 01.10.2022 resources expended £ £ £ Restricted funds - - - - - - Unrestricted fund 136,474 126,691 (125,446) Total funds 136,474 126,691 (125,446) |
Balance Incoming Resources 01.10.2022 resources expended £ £ £ Restricted funds - - - - - - Unrestricted fund 136,474 126,691 (125,446) Total funds 136,474 126,691 (125,446) |
Transfer between funds £ - |
Balance 30.09.2023 £ - |
|---|---|---|---|
| - | - | - | |
| (125,446) | - | 137,719 | |
| (125,446) | - | 137,719 |
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