3564867 (England and Wales) The¢)nsAa[dr BATTLE AREA COMMUNITY TRANSPORT Directors, and Trustees, Report and Financial Statements For the year ended 31" March 2024. B.A.C.T. Unit 3 Vinehall Business Centre Vinehall Road Mountfield East Sussex TN32 5JW Tel: 01424 870955 e-mail.. bactoffi bad-online.co.uk www.bact4online.co.uk Regtslered Charity No.. lo711 VAT Number. 702 6651 55 BACT registered in England & Wales as a Company Limi(ed by Guarantee
Battle Area Community Transport Legal and Administrative Inforniation For the Year ended 31" March 2024 Directors and Trustees Mr J.V.F.Ray Mr B.1.Ne]nan Mr D.J.Pratt Mr G.C.Sharn]an Mr l.Clark Mrs M Newman Secretary Mr B.l.Newman Company Number 3564867 Charity Number 1071961 Registered Office Unit 3, Vinehall Business Centre Vinehall Road Mountfield East Sussex TN32 5JW Independent Examiner R.Walsh FCCA Manningtons Chartered Accountants 39 High Street Battle East Sussex TN33 OEE Business Address Unit 3, Vinehall Business Centre Vinehall Road, Mountfield East Sussex TN32 5JW Bankers Barclays Bank plc Registered Chanty No.. 1071961 VAT Number. 702 6651 55 BACT registered in England & Waks as a Company Limited by Guarantee
Battle Area Community Transport CONTENTS Statutory Financial Statements for the )'ear ended 31st March 2024 Page Directors, and Trustees, Annual Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements Independent Examiner's Report Inforniation for Management Purposes Detailed Income and Expenditure Account 10 Registered Charity No". 1071961 VAT Number.. 702 66SI 55 8ACT registered in England & Wales as a Company Limf(ed by Guarantee
Battle Area Community Transport Directors, and Trustees, Report for the Year Ended 31st March 2024 The trustees of the charity (hereinafter referred to as "the Company"), who are also directors of the Company for the purposes of the Companies Act: present their annual report and the financial state- ments for the year ended 31 st March 2024. Objects of the Company* principal activities and organisation of our Ivork The Company is constituted as a company limited b) guarantee and is, therefore, governed by a Mem- orandum and Articles of Association. The objects of the Company are to provide relief to the inhabitants of the town of Battle and its envi- rons whom have need because of age: mental or physical disability, or poverty, and in particular but not as to limit the generality of the foregoing:_ a) to provide and maintain non-profit community transport services; and b) to assist the charitable work of organisations and bodies engaged in promoting the relief of such persons through the provision of appropriate services. The Company is organised so that the trustees meet regularly to manage its affairs. The day to day business was managed during the )'ear by the trustees with the support of other volunteers including drivers, a part-time administrator, helpers and local organisations. Developments, activities and achievements this year The effects of the Covid pandemic continue to influence the passenger numbers, which together with increased prices for fuel. have inevitably caused some deterioration in the Company"s results for the year. However, the Company remains committed to maintaining its services to the local community with the help of its, volunteer drivers and the generous doners to the Company, s funds. Transactions and financial position The Statement of Financial Activities shows the Company's operating activities shows a deficit for the year amounting to £2,266, after charging depreciation of £204. The Trustees are satisfied that the present level of funding is sufficient to support the day to day needs and commitments of the charity. Tangible Fixed Assets for use by the Company Details of movements in fixed assets are set out in note 3 to the accounts. Investment policy and returns Under the Memorandum and Articlcs of Association, the charity has the power to make any investment which the trustees se¢ fit. Short tern) surplus funds are invested with the charity's bankers. The return on bank deposits increased marginally during the Jear. but the trustees continue to take the view that placement of the funds elsewhere is not appropriate at the present time. Page I (continued............. Registered Charity No". 1071961 VAT Number. 702 6651 55 BACT registered in England & Wales as a C(Anpany Limited by Guarantee
Battle Area Community Transport Directors, and Trustees, Report for the Year Ended 31st March 2024 (continued) Risk Management The trustees actively review the major risks 'hICh the charity faces on a regular basis and believe that maintaining reser*'es at the current level V¥'ill provide sufficient resources in the event of minor adver- sities. Directors and Trustees All the directors stated below were also trustees and served throughout the year unless othenvise stated. Mr J.V.F.Ray Mr B.l.Newman Mr G.C.Shamian Mr D.J.Pratt Ih Mrs C.Fyfe (Resigned 12 February 2024) Mr I Clark Mrs M Newman Approval This report was appro by the board of directors and trustees on /S B.I.Newman Company Se Page 2 Registered Charity No." 1071961 VAT Number. 702 6651 55 BACT registered in England & wa as a Company Limrted by Guarantee
Battle Area Community Transport Statement of Financial Activities {Incorporating Income and Expenditure Account) for the Year Ended 31st March 2024 2024 2024 2024 2023 Notes Restricted Unrestricted Total Funds Funds Tolal Incoming Resources Fares and Hire Grants from Central and Local Government Voluntary Donations Received Investment and other Income 15,161 15,161 Ji,431 17,952 3,514 316 17,952 3,514 316 16,588 3,191 28) Total Incoming Resources 36,943 36,943 35,495 Resources Expended Direct Charitable Expenditure Support Costs Governance Costs Depreciation 17,250 20.220 1,535 204 17,250 20,220 1,535 204 15,185 20, 924 1,617 149 Total Resources Expended 39,209 39,209 37,875 Net Surplusl(Deficit) for the Year (2266) (2,266) 2,380 The Notes on pages 6. 7 & 8 forni an integral part of these financial statements. Page 3 Registered Charity No.. 1071961 VAT Number. 702 6651 55 BACT registered in England & wa as a Company Limrted by Guarantee
Battle Area Community Transport Balance Sheet as at 31st March 2024 Notes 2024 2023 Tangible Fixed Assets Motor Vehicles Furniture and Equipment 450 6)4 453 657 Net Current Assets Debtors Cash at Bank and in Hand 4,766 36,511 6,)23 38,550 41,277 (2,452) 4),073 (4. 186) Less: Creditors 38,825 40887 £39278 £41,544 Financed by: Share Capital Reserves Unrestricted Restricted 13.045 26,233 15,3Jl 26,233 £39278 £41,544 The notes on pages 6. 7 & 8 forn] an integral part of these financial statements. These financial statements have been prepared in accordance with the provisions applicable to com- panies subject to the small companies regime. Page 4. {continued)......... Regtslered Charty No: 1071961 VAT Number. 702 6651 55 BACT registered in England & Wales as a Company Limrted by Guarantee
Battle Area Community Transport Balance Sheet as at 31st March 2024 (continued) The Directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of Section 477 of the Companies Act 2006. Shareholders holding l O % or more of the company's share capital have noi issued a notice requiring an audit under Section 476 of the Companies Act 2006. The Directors acknovi'ledge their responsibilities for ensuring that the com- pany keeps accounting records hICh comply with Section 3 86 of the Companies Act 2006, and for preparing accounts which give a true and fair view of the state of af- fairs of the company as at the end of the financial year and of its sutplus or deficit lor the year in ac- cordance with the requirements of Section 393, and which otherwise comply with the requirements of the Act relating to the accounts so far as applicable to the company. These financial statements were approved by the Board on Director J.V.F.Ray Director (Registration number 3564867) Page 5 Registered Charity No.. 1071961 VAT Number. 702 6651 55 BACT registered in England & Wa* as a Company Limf(ed by Guarantee
Battle Area Community Transport Notes to the Financial Statements for the Year Ended 31st March 2024 Accounting Policies 1.1 Summa ofsi nificant accountin olicies and ke accountin estimates The principal accounting policies applied in the preparation of these financial statements are set out below. These policies hae becn consistently applicd to all the years presented, unless otherwise stated. Statement of com liance The financial statements have been prepared in accordance with Accounting and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their ac- counts in accordance with the Financial Reporting Standard applicable in the UK and Repub- lic of Ireland (FRS 102) (effective l January 2015) - (Charities SORP (FRS 102), the Finan- cial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 1.2 Income Grants are recognised during the year to which they relate. Voluntary donations are credited in the year of receipt, unless specifically designated for a future period (see also Note 2). reciation Motor Vehicles Plant and Equipment 25 % per annum on the straight line basis 25 % per annum on the straight line basis ort Costs Expenditure on support costs of the charity includes all expenditure not directly related to the charitable activity. This includes the costs of running the administration office. 1.5 Governance Costs Governance costs comprise all costs of the charity for its compliance with regulation and good practice. These include accounting and legal fees of the charity. Incoming Resource Voluntary donations include:_ Parish Council Precepts Other donations 555 2,959 Page 6 (continued) . Registe Chority No". lo711 VAT Number. 702 6651 55 BACT registered in England & Wa$ as a Company Limited by Guarantee
Battle Area Community Transport Notes to the Financial Statements for the Year Ended 31st March 2024 (continued) Tangible Fixed Assets Motor Vehicles Office Equipment Total Cost At l April 2023 81,566 80,521 1.045 At 31 March 2024 81.566 80,521 1,045 reciation At l April 2023 Add: Charge for the )'ear 80,909 204 80,518 391 204 At 31" March 2024 81,113 80,518 595 Net Book Value at 31st March 2024 453 450 Net Book Value ai 31st March 2023 6)7 654 Debtors 2024 2023 Grants receivable Other Debtors 1,736 3,030 3,078 3, 445 4,766 6, 523 Creditors: Amounts falling due in one year 2024 2023 Other Creditors 2,452 4, 186 Capital Commitments There were no commitments of a capital nature at the Balance Sheet date. Page 7 (continued)........ Regislefed Charity No". 1071961 VAT Number.. 702 6651 55 BACT registered in England & Waks as a Company L¥nited by Guaranlee
Battle Area Community Transport Notes to the Financial Statements for the Year Ended 31st March 2024 (continued) Share Capital The company is limited by guarantee and has no share capital. The liability of each member, in the event of winding up, is limited to £1. Reserves 2024 2023 (a) Unrestricted: Balance brought fonvard at l April 2023 15,311 17,691 Net Surplus/(Deficit) for the year (2,266) (2,380) Balance carried forward at 31 March 2024 13,045 15,31] Note: These reserves represent the accumulated surpluses, less deficits, relating to the Com- pany's day to day operations after charging depreciation. (b) Restricted: Balance brought forward at I" April 2023 26,233 26,233 Balance carried forward at 31 March 2024 26,233 26,233 Note: These reserves represent those funds received specifically or otherwise relating to the purchase or replacement of Motor vehicles or their related costs. Transactions with Trustees The Company repaid out-of-pocket expenses to Trustees during the year, totalling £ nil (2023.. £410). Page 8 Registered Ch8rrty No.. 1071961 VAT Number.. 702 6651 55 BACT registered in England & Wales a5 a Company Limf(ed by Guarantee
Battle Area Community Transport Independent Examiner's Report to the Trustees ofBattle Area Community Transport For the year ended 31" March 2024 I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024 Responsibilities and basis of Report As the chartty's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Coinpanies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your char- ity's accounts as carried out under the Charities Act 2011, s.145 ('the 201 l Act"). In carrying out my exam- ination I have followed the Directions given by the Charity Commission under s.145(5Kb) of the 2011 Act. Independent Examiner's statement I have completed my examination. I confim that no matters have come to my attention in connection with the examination giving me cause to beliee- ( l ) accounting records were not kept in respect of the Company as required in section 386 of the 2006 Act or (2) the accounts do not accord with those records" or (3) thc accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair vicw which is not a matter considered as part of an independent examination; or (4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applica- ble to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)]. I have no concerns and have come across no other matters in connection with the examination to which atten- tion should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 70a R.Walsh FCCA Manningtons Chartered Accountants 39 High Strect BATTLE, East Sussex TN33 OEE Page 9 Registered CharTty No.. 1071961 VAT Number 702 6651 55 BACT registered in England & Wales as a Company Limiied by Guarantee
Battle Area Community Transport Information for Management Purposes for the Year Ended 31st March 2024 Registe Charity No.. 1071961 VAT Number.. 702 6651 55 BACT Tegislered in England & wa as a Company Limrted by Guarantee