CHARIorrs ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
CHARIOThS ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 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 Limited The Yew Tree Inn High Street Gresford WREXHAM LL12 8RF
CHARIOThS TRUSTEES, REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 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 ir)dividual needs, The Charity has had due regards to the Charity Commission's published guidance on public benefit. TRUSTEES The Trustee's at 30th September 2024 were: His Honour Robert Philip Hughes (Chairrnan) Mr Keith Robinson (Treasurer) Mr Alan Story (Fundraiser) Mrs Gillian Eastwood (Secretary) Mr Ray Davies (Trustee) Mr Stephen Harvey (Co-opted Trustee) 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 MANAGEMENT The trustees have carried out a risk management review, which involved identifying the type of risks facing the Charity, prioritizi ng them in terms of potential impact and likelihood of occu rrence, 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 look5 to hold free reserves at a level of £80,000 to meet future expenditure. It was decided in the year to raise the threshold of restricted funds from £40,000 to £60,000 in consideration to sufficiently cover approximately 3 months running costs. The other £20,000 is held to replace vehicles with new or second hand a5 necessary.
CHARIOTTS TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 SUMMARY OF ACTIVITIES AND ACHIEVEMENTS This last year wa5 challenging in terms of Chariotts finances, unfortunately despite our best efforts, we were unable to maintain the stability of our previous 12 months. Our income versus expenditure deficit increased, and we had to spend more to keep the service running than we earned. As mentioned last year, demand for the service has decreased in recent years and we still operate below capacityi although there are some early signs of an upturn in journey requests from our wheelchair user members. Alan Story has done a sterling job with his fundraising efforts, in what has become a very competitive and challenging environment. Through his endeavours we have been able to maintain our fleet upgrade program. In these next 12 months, we will be working to re-establish financial stability; applying to various trusts and organisations for funding support to help us meet our financial objectives. On behalf of our membership and everyone involved with Chariotts, thank you to Wrexham County Borough Council for their ongoing financial support, which is vital to our existence, Thank you, al50, to all our benefactors over the last year, your donations are most gratefully received, every penny helps and 15 very much appreciated. TOTAL JOURNEYS REQUESTED JOURNEYS COMPLETED PASSENGERS CARRIED Wheel Chair Users 3225 2575 3261 Passengers Walking 4917 4043 417 Total 8142 6618 7440 MEMBERSHIP TO DATE - 984 P Hughes: Chairman On behalf of the Trustees Date:
CHARlOs INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CHARIOTTS We report on the accounts of the charity for the year ended 30 September 2024 which are set out on pages 4 to 8. 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 2DII (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 carrled 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 account5 present a "trLJe and fair view" and the report is limited to those matters set out in the statement below. Independent examiner's statement In connection wlth our examination, no matter has come to our attention: l). 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 Att; 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. James Denton FCCA Mike Griffiths & Partners Ltd. The Yew Tree Inn High Street Gresford WREXHAM LL12 8RF Date
CHARIOThS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 20Z4 Unrestrrcted funds 2024 Restricted funds 2024 Total funds 2024 Total funds 2023 Notes Incomlng Resources: Incoming Resources from Generated Funds Voluntary Income Grants Donations A¢tlvities for Generating Funds Fundraising Investment Income Bank Interest 36.219 2,744 36,219 2,744 53,735 1,966 16,227 16,227 10,702 Incomlng Resources from Charitable Activitles Members Contribution5 Membership fees 59.710 59,710 60,202 Other Incomlng Resource$ 40 40 Total incoming resources 114.940 114,94D 126,&05 Resources Expended: Cost of Generating Funds Fundralsing Cost5 Cost of Charltable Activities 127,502 127,502 498 124,350 Governance Costs 498 498 other Resources Expended Total Resources Expended 128,000 128,000 124,848 Net Incoming Resources Before Transfers Gro55 Transfers Between Funds (13,059) (13,059) 1,757 Net Movements in Funds for the Year (13,059) (13,059) 1,757 Fund Balance5 Brought Forward at i October 2023 138,231 138,23 1 136,474 Fund Balances Carrled Forward at 30 September 2024 125,171 125,171 138,231 The notes set out on page$ 6 to 8 form an integral part of these financial ststements.
cHARI0s BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Notes FIXED ASSETS Tangible assets 24.760 23,020 CURRENT ASSETS Debtors Cash at bank and in hand 100.909 115,691 115,691 100,909 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 498 480 100,411 125,171 115,211 138,231 io RESERVES Restricted funds Unrestricted funds li li 125. 171 138,23 1 125,171 138,231 ON BEHALF OF THE BOARD ON: 3: tr ?i.*4 PL.Iq kn. P Hughes (Chairman) The notes set out on pages 6 to 8 fom an integral part of these financial statements.
CHARIOTTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 ACCOUNTING POUCIES al Basis of Preparation The financial staternents have been prepared under the historical cost convention. The financial 5tatetnent5 have been prepared in accordance with the Statement of Recommended Practice ISORP), "Accounting & Reposrting by Charities. published in 2005 and applicable accounting standards. b} Income Income is cOgnised in the financial statements as follows: Grants: Recogni5ed in the period In which received and restricted where applicable. Members, Contributions: Includes money received from the member5 for use of the vehicles and money paid by the annually to Use the service. Donations and Sundry income: Recognised in the perlod received. Investment income: Recognlsed In the pertod In which received. c) Depreclatlon Depreciation is provided in equal amount each year in order to write off the cost of fixed assets over the anticipated useful lives. Anti¢ipated useful live5 are: Fixtltres and flttings Motor vehicle5 4 years 5 years STAFF cosrs 2024 2023 Wages and salaries Pension Contribution5 72,713 66,731 Employers, National Insurance Contributions 2.261 74,974 1,519 68,250 The average number of full-time equivalent employees was TRUSTEES REMUNERATION AND EXPENSES No remuneration directly or Indlrertly out of funds of the charity was paid or 15 payable for the year to any trustee, and they all gave their time freely. No re-imbursement of expenses occurred in the year (2023 £nil) in respect of trustees and their expense5 as voluntary drivers (travel and sundry expenses).
CHARIO5 NOTES TO THE FINANCZAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 COST OF CHARITABLE ACTIvrrIES Unrestrirted 2024 Restricted 2024 Total 2024 Total 2023 Wages and employee costs Office expenses Trainlng Volunteers expenses Motor expenses - Fuel only Motor expenses Depreciation Loss/(Profit) on dlsposal of fixed assets 74,974 14,388 74,974 14,388 68,250 12,862 324 324 553 12.367 16,189 12,260 (3.000) 12,367 16,189 12,260 (3,000) 13,645 18,503 13,037 12,500) 127,502 127,502 124,350 GOVERNANCE Unrestrlcted 2024 Restrlrted 2024 Total 2024 Total 2023 Accountancy Bank Charges 498 498 480 18 498 498 498 TOTAL RESOURCES EXPENDED staff costs Other costs Total 2024 Total 2023 Depreclatlon Cost of generating funds Cost of charitable activitie5 74,974 9,260 43,268 498 127,502 498 124,350 498 Governance costs Other resources expended 74,974 9,260 43,766 128,000 124,848 TANGIBLE FIXED ASSETS Fixtures and flttings Motor vehicles Total Cost: At l Ortober 2023 Additions Disposal At 30 September 2024 Depreclatlon: At i October 2023 Charge for the year Eliminated on disposals At 30 September 2024 Net Book Values: At 30 Septèmber 2024 11,952 72.460 14,000 (11,1601 75,300 84,412 14,000 (11,1601 87,252 11,952 11,952 49,440 12,260 (11,1601 50,540 61,392 12,260 (11,160) 62,492 11,952 24,760 24,760 At 30 September 2023 23,020 23,020
CHARIOThS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 DEBTORS 2024 2023 other debtors CREOITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accruals 498 498 480 480 io. ALLOCATION OF NET ASSETS Net current assets Flxed assets Total Restrlcled funds Unrestricted funds 24,760 100,411 125,171 24,760 100,411 125,171 RESERVES Transfer between funds Balance 01.10.2023 Incomln9 resources Resources expended Balance 30.09.2024 Restricted Funds Unrestrieted fund 138,231 114,940 (128,000) 125,171 Total funds 138,231 114,940 (128,000) 125,171