2022-03-31-accounts - Merton Community Transport

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					2022	2021
			Unrestricted	Restricted	Total	Total
		Notes	fund	fundsI	funds 6	funds 6
INCOME AND ENDOWMENTS	FROM
Donations and legacies		3	1,036		1,036
Charitable activities
Charitable activities			602,225	30,000	632,225	526,588
Other tradmg activities Investment income			36 17		36 17	2,095 104
Other income						2,200
Total			603,314	30,000	633,314	530,987
EXPENDITURE ON
Charitable activities
Charitable activities			581,565	30,000	611,565	560,350
NET INCOME/(EXPENDITURE)			21,749		21,749	(29,363)
RECONCILIATION OF FUNDS
Total funds brought forward			142,122		142,122	171,485
TOTAL FUNDS CARRIED FORWARD			163,871		163,871	142,122

	Notes	2022I	2021I
FIXEDASSETS
Tangible assets	15	6,914	7,512
CURRENT ASSETS
Debtors	16	70,482	49,439
Cash at bank and in hand		180,920	169,397
		251,402	218,836
CREDITORS
Amounts falling due within one year	17	(56,945)	(36,726)
NET CURRENT ASSETS		194,457	182,110
TOTAL ASSETS LESSCURRENT LIABILITIES		201,371	189,622
CREDITORS
Amounts falling due after more than one year	18	(37,500)	(47,500)
NH ASSETS		163871	142 122
FUNDS	22
Unrestncted funds		163,871	142,122
TOTALFUNDS		163,871	142,122

		Notes	2022I	2021 6
Cash flows from operating activities Cash generated from operations			16,394	(30,594)
Interest paid			(303)
Net cash provided by/(used in) operating		activities	16,091	(30,594)
Cash flows from investing	activities
Purchase oftangible fixed assets Sale oftangible fixed assets Interest received			(2,085) 17	2,200 104
Net cash (used in)/provided	by investing	activities	(2,068)	2,304
Cash flows from financing New loans in year Loan repayments in year	activities		(2,500)	50,000
Net cash (used in)/provided	by financing	activities	(2,500)	50,000
Change in cash and cash the reporting period	equivalents	in	11,523	21,710
Cash and cash equivalents atthe beginning ofthe reporting period			169,397	147,687
Cash and cash equivalents the reporting period	atthe end of		180,920	169,397

RECONCILIATION	OF NET INCOME/(EXPENDITURE)	OF NET INCOME/(EXPENDITURE)	TO NET CASH FLOW FROM OPERATING
ACTIVITIES
			2022	2021
			E	E
Net income/(expenditure) forthe reporting Statement ofFinancial Activities)		period	(as per the 21,749	(29,363)
Adjustments for: Depreciation charges Profit on disposal of Interest received	fixed assets		2,683 (17)	2,604 (2,200) (104)
Interest paid (Increase)/decrease Increase/(decrease)	in debtors in creditors		303 (21,043) 12,719	3,368 (4,899)
Net cash provided	by/(used in) operations		16,394	(30,594)

ANALYSIS OF CHANGES IN NET FUNDS	ANALYSIS OF CHANGES IN NET FUNDS
		At 1/4/21	Cash flow	At 31/3/22
		E	E	E
Net cash
Cash at bank and	in hand	169,397	11,523	180,920
		169,397	11,523	180,920
Debt
Debts falling due Debts falling due	within I year after 1year	(2,500) (47r500)	(7,500) 10,000	(10,000) (37,500)
		(50,000)	2,500	(47,500)
Total		119,397	14,023	133,420

										2022	2021
						Activity				E	E
	Income for	the use of buses				Chaditable	adivities			550,368	408&122
	Grants					Charitable	activities			65,000	45,000
	Government	Covid support				Charitable	activities			16,857	73,466
										632,225	526,588
	Grants received,		included		in the above, are as follows'.
										2022	2021
										E	E
	London Borough		of Merton							65,000	45,000
7.	CHARITABLE ACTIVITIES COSTS
								Direct		Support
								Costs	(see	costs (see
								note	8)	note 9)	Totals
								E		E	E
	Charitable	activities						407,858		203,707	611,565
8.	DIRECT COSTS OF CHARITABLE ACTD/ITIES
										2022	2021
										E	E
	Staff costs									264,777	238,997
	Vehicle running Depreaation		costs							140398 2,683	115,871 2,604
										407,858	357,472
9.	SUPPORT	COSTS
										Governance
							Management E	Finance E		costs E	Totals f
	Charitable	activities					187,879		303	15,525	203,707
	Support costs, included			in	the	above, are as follows:
	Management									2022	2021
										Charitable	Total
										activities	activities
										E	E
	Wages Social security pensions Other operating Rates and water		leases							109,629 11,426 4,614 24,455 1,543	108,277 11,316 4,094 24,000 221
	Insurance									2,532	2,836
	Light and heat Telephone									3,628 2,358	3,339 2,045
	Carried forward									160,185	156,128

Management -conti	n	ued
			2022	2021
			Charitable	Total
			activities	activities
			f	E
Brought forward Postage and stationery Sunddies			160,185 6,151 338	156,128 4,497 673
Repairs and renewals Training Staff expenses Travel and subsistence			4,416 2,431 2,054 500	6,905 1,499 496 4,291
Equipment Computer expenses Subscriptions Legal and professional Bank charges	fees		733 2,416 911 7,449 295	2,871 2,625 368 6,239 436
			187,879	187,028
Finance
			2022	2021
			Charitable	Total
			activities	activities
			E	E
Bank loan interest			303
Governance costs
			2022	2021
			Charitable	Total
			acdvities	activities
				f
Accountancy and legal Independent Examiner's		fees fees	13,350 2,175	14,000 1,850
			15,525	15,850
NET INCOME/(EXPENDITURE)
Net income/(expenditure)		is stated after charging/(crediting):
			2022 E	2021f
Depreciation -owned Other operating leases Surplus on disposal of	assets fixed assets		2,683 24,455	2,604 24,000 (2,200)

STAFF COSTS
			2022	2021
			f	f
Wages and salaries Social security costs Other pension costs			364,944 18,005 7,497	341,197 15,510 5,977
			390,446	362,684
The average monthly	number of employees	during the year was as follows:
			2022	2021
Full time Operational Staff Part time OperationalStaff			9 20	7 20
			29	27

COMPARATIVES FORTHE STA	TEMENT OF FINAN	CIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
		E	E	E
INCOME AND ENDOWMENTS	FROM
Charitable activities
Charitable activities		526,588		526,588
Other trading activities Investment income		2,095 104		2,095 104
Other income		2,200		2,200
Total		530,987		530,987
EXPENDITURE ON
Charitable activities
Charitable activities		560,350		560,350
NET INCOME/(EXPENDITURE)		(29,363)		(29,363)
RECONCILIATION OF FUNDS
Total funds brought forward		171,485		171,485
TOTAL FUNDS CARRIED FORWARD		142,122		142,122

TANGIBLE FIXEDA	SS	ETS	ETS
		Improvements
			to	Office	Motor
			property I	equipment 6	vehicles I	Totals I
COST
At 1April 2021			7,233	17,504	388,491	413,228
Additions				2,085		2,085
Dlsposals					(29,850)	(29,850)
At 31 March 2022			7,233	19,589	358,641	385,463
DEPRECIATION
At 1 April 2021			1,446	17,351	386,919	405,716
Charge for year Eliminated on disposal			723	848	1,112 (29,850)	2,683 (29,850)
At 31 March 2022			2,169	18,199	358,181	378,549
NET BOOK VALUE
At 31 March 2022			5,064	1,390	460	6,914
At 31 March 2021			5,787	153	1,572	7,512
		I
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2022 I	2021 I
Trade debtors					65,963	45,145
Other debtors					3,225	3,000
Prepayments and accrued income					1,294	1,294
					70,482	49,439
CREDITORS: AMOUNTS FALLING DUE WITHIN			ONE YEAR
					2022	2021
					I	I
Bank loans and overdrafts		(see note 19)			10,000	2,500
Trade creditors					13,295	10,162
Social security and other VAT		taxes			6,088 8,880	4,724 3,623
Other creditors					1,814	1,493
Accruals and deferred	income				16,868	14,224
					56,945	36,726

CREDITORS: AMOUNTS	FALLING DUE AFTER	FALLING DUE AFTER	FALLING DUE AFTER	MORE THAN ONE YEAR	MORE THAN ONE YEAR	MORE THAN ONE YEAR	MORE THAN ONE YEAR
								2022	2021
								E	E
Bank loans (see note 19)								37,500	47,500
LOANS
An analysis ofthe maturity	of	loans is given below:
								2022	2021
								E	E
Amounts falling due within Bank loans	one year on demand:							10,000	2,500
Amounts falling between one Bank loans - 1-2 years		and two years:						10,000	10,000
Amounts falling due between Bank loans - 2-5 years		two and five years:						27,500	30,000
Amounts falling due in more than five years'.
Repayable by instalments: Bank loans more 5 yr by instal									7,500
LEASING AGREEMENTS
Minimum lease payments	under non-cancellable		operating			leases fall due as follows:
								2022	2021
								E	E
Within one year Between one and five years									1,169 2,924
									4,093
ANALYSIS OF NET ASSETSBETWEEN FUNDS
								2022	2021
				Unrestn		cled	Restricted	Total	Total
				fund			tunds	funds	funds
					f.		E	E	E
Fixed assets				6,914				6,914	7,512
Current assets				251,402				251,402	218,836
Current liabilities Long term liabilities				(56,945) (37,500)				(56,945) (37,500)	(36,726) (47,500)
				163,871				163,871	142,122

MOVEMENT	IN FUNDS	IN FUNDS
									Net
									movement	At
								At 1/4/21	in funds	31/3/22
								E	E	E
Unrestricted		funds
General fund								142,122	21,749	163,871
TOTAL FUNDS								142,122	21,749	163,871
Net movement		in funds,	included			in the above		are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
								E	E	E
Unrestricted		funds
General fund								603,314	(581,565)	21,749
Restricted funds
Community Transport								30,000	(30,000)
TOTAL FUNDS								633,314	(611,565)	21,749
Comparatives		for movement				in funds
									Net
									movement	At
								At 1/4/20	in funds	31/3/21
									E	E
Unrestricted		funds
Generalfund								171,485	(29,363)	142,122
TOTAL FUNDS								171,485	(29,363)	142,122
Comparative	net movement			in	funds,		included	in the above are as follows:
								Incoming	Resources	Movement
								resources	expended	in funds
								E	E	E
Unrestricted		funds
General fund								530,987	(560,350)	(29,363)
TOTAL FUNDS								530,987	(560,350)	(29,363)
The purpose	ofthe Restricted				Funds		are as follows: