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2023-03-31-accounts

2023 2022
Un restdicted Restricted Total Total
fund funds funds funds
Notes 1 6 6
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 1,036
Charitable
activities
Charitable
activities		 767,755 767,755 632,225
Other trading
adivities		 36
Investment
income		 302 302 17
Total 768,057 768,057 633,314
EXPENDITURE ON
Charitable
activities
Charitable
activities		 777,220 777,220 611,565
NET INCOME/(EXPENDITURE) (9,163) (9,163) 21,749
RECONCILIATION
OF FUNDS
Total funds brought forward 163,871 163i871 142,122
TOTAL FUNDS CARRIED FORWARD 154,708 154,708 163,871

31MARCH 2023
2023 2022
Notes 6
FIXEDASSETS
Tangible assets 15 64,965 6,914
CURRENT ASSETS
Debtors 16 84,197 70,482
Cash at bank and in hand 119,592 180,920
203,789 251,402
CREDITORS
Amounts
falling due within		 one year 17 (86,546) (56,945)
NET CURRENT ASSETS 117,243 194,457
TOTAL ASSETSLESSCURRENT LIABILITIES 182208 201g371
CREDITORS
Amounts
falling due after		 more than one year 18 (27,500) (37,500)
NET ASSETS 154(708 163p871
FUNDS 21
Unrestricted
funds		 154,708 163,871
TOTAL FUNDS 154,708 163,871

Notes 2023I 2022
6
Cash flows from operating activities
Cash generated
from operations		 24,155 16,394
Interest paid (1,073) (303)
Net cash provided
by operating		 activities 23,082 16,091
Cash flows from investing activities
Purchase oftangible
fixed assets		 (74,712) (2,085)
Interest received 302 17
Net cash used
in investing
activities		 (74,410) (2,068)
Cash flows from financing activities
Loan repayments
in year		 (10,000) (2,500)
Net cash used in financing
acfivities		 (10,000) (2,500)
Change in cash and cash equivalents in
the reporbng
period
Cash and cash equivalents		 atthe (61,328) 11,523
beginning
ofthe reporting		 period 180,920 169,397
Cash and cash equivalents atthe end of
the reporting
period		 119,592 180,920

RECONCILIATION
ACTIVITIES		 OF NET (EXPENDITURE)/I NCOME
TO NET CASH FL		 OW FROM OPERATI NG
2023 2022
I I
Net (expenditure)/income for the reporting period (as per the
Statement ofFinancial Activities) (9,163) 21,749
Adjustments
for:
Depreciation
charges		 16,661 2,683
Interest received (302) (17)
Interest
paid		 1,073 303
Increase
in debtors		 (13,715) (21,043)
Increase
in creditors		 29,601 12,719
Net cash provided by operations 24,155 16,394

At 1/4/22
I		 Cash flow
I		 At 31/3/23
6
Net cash
Cash at bank and in hand 180,920 (61,328) 119,592
180,920 (61,328) 119,592
Debt
Debts falling due within
1year		 (10,000) (10,000)
Debts falling due after 1year (37,500) 10,000 (27,500)
(47,500) 10,000 (37400)
Total 133,420 (51,328) 82,092

Activity 2023I 2022
Income for the use of buses Charitable activities 732,755 550,368
Grants Charitable activities 35,000 65,000
Government
Covid support		 Charitable activities 16,857
767,755 632,225
Grants received, included in the above, are as follows:
2023I 2022I
London Borough of Merton 35,000 65,000
7. CHARITABLE ACTIVITIES COSTS
Direct Support
Costs (see costs (see
note 8)
I		 note 9)
I		 TotalsI
Charitable
activities		 520,046 257,174 777,220
8. DIRECT COSTS OF CHARITABLE ACTIVITIES
2023I 2022I
Staff costs 324,578 264,777
Vehicle running costs 178,807 140,398
Depreciation 16,661 2,683
520,046 407,858
9. SUPPORT COSTS
Governance
Management Finance costs
I		 Totals
6
Charitable
activities		 239,806 1,073 16,295 257,174
Support coals, induded in the above, are as follows:
Management
2023 2022
Charitable Total
adivities activities
I I
Wages 135,537 109,629
Social security 15,329 11,426
Pensions 7,266 4,614
Other operating leases 27,443 24,455
Rates and water (520) 1,543
Insurance 2,963 2,532
Light and heat 5,499 3,628
Telephone 2,620 2,358
Carried forward 196,137 160,185

2023 2022
Charitable Total
activities activities
I
Brought forward 196,137 160,185
Postage and stationery 7,229 6,151
Sundries 4,766 338
Repairs and renewals 3,714 4,416
Training 4,246 2,'l31
Staff expenses 1,708 2,054
Travel and subsistence 5,479 500
Equipment 4,742 733
Computer expenses 3,373 2,416
Subscdiptions 1,254 911
Legal and professional fees 6,822 7,449
Bank charges 336 295
239,806 187,879
Finance
2023 2022
Charitable Total
activities activities
I 6
Bank loan interest 1,073 303
Governance costs
2023 2022
Charitable Total
activities activities
6 6
Accountancy and legal fees 13,595 13,350
Independent Examiner's fees 2,700 2,175
16,295 15,525
NET INCOME/(EXPENDITURE)
Net income/(expenditure)
is stated after charging/(crediting):
2023 2022
6
Depreciation - owned assets 16,661 2,683
Other operating leases 27,443 24,455

STAFF COSTS
2023 2022
E E
Wages and salaries 447,221 364,944
Social security costs 24,773 18,005
Other pension coals 10,716 7,497
482,710 390,446
The average
monthly		 number of employees during the year was as follows:
2023 2022
Full and part time operational staff 30 29

COMPAR ATIVES F ORTHE ST ATEMENT OF FINAN CIAL ACTIVITIES
Unrestricted Restricted Total
fund funds funds
E E E
INCOME AND ENDOWMENTS FROM
Donations and legacies 1,036 1,036
Charitable activities
Charitable adlvities 602,225 30,000 632,225
Other trading
activities		 36 36
Investment income 17 17
Total 603,314 30,000 633,314
EXPENDITURE ON
Charitable activities
Charitable activities 581,565 30,000 611,565
NET INCOME 21,749 21,749
RECONCILIATION OF FUNDS
Total funds brought forward 142,122 142,122
TOTAL FUNDS CARRIED FORWARD 163,871 163,871

TANGIBLE FIXEDA SSE TS
Improvements
to Office Motor
property equipment vehicles Totals
6 6 6 6
COST
At 1 April 2022 7,233 19,589 358,641 385,463
Additions 4,212 70,500 74,712
At 31 March 2023 7,233 23,801 429,141 460,175
DEPRECIATION
At 1April 2022 2,169 18,199 358,181 378,549
Charge for year 723 1,270 14,668 16,661
At 31 March 2023 2,892 19,469 372,849 395,210
NET BOOKVALUE
At 31 March 2023 4,341 4,332 56,292 64,965
At 31 March 2022 5,064 1,390 460 6,914
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
6
Trade debtors 77,788 65,963
Other debtors 4,656 3,225
Prepayments
and accrued		 income 1,753 1,294
84,197 70,482
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
6 I
Bank loans and overdrafts (see note 19) 10,000 10,000
Trade creditors 41,636 13,295
Social security
and other taxes		 6,251 6,088
VAT 5,675 8,880
Other creditors 1,780 1,814
Accruals and deferred income 21,204 16,868
86,546 56,945

NOT ES TO THE FINANCIAL ST ES TO THE FINANCIAL ST ES TO THE FINANCIAL ST ES TO THE FINANCIAL ST ATEMENTS - continued ATEMENTS - continued
FOR THE YEAR ENDED 31MARCH 2023
18. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
6 I
Bank loans (see note 19) 27,500 37,500
19. LOANS
An analysis ofthe maturity of loans is given below:
2023 2022
I I
Amounts
falling		 due within one year on demand:
Bankloans 10,000 10,000
Amounts
falling		 between one and two yeana
Bank loans - 1-2 years 10,000 10,000
Amounts
falling		 due between two and five years:
Bank loans - 2-5years 17,500 27,500
20. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2023 2022
Unrestricted Restricted Total Total
fund funds funds funds
6 I 6 I
Fixed assets 64,965 64,965 6,914
Current assets 203,789 203,789 251,402
Current
liabiliTies		 (86,546) (86,546) (56,945)
Long term liabilities (27,500) (27,500) (37,500)
154,708 154,708 163,871
21. MOVEMENT IN FUNDS
Net
movement AL'
At 1/4/22 in funds 31/3/23
6 6 6
Unrestricted
funds
Generalfund 163,871 (9,163) 154,708
TOTAL FUNDS 163,871 (9,163) 154,708
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
6 6
Unresbicted
funds
General fund 768,057 (777,220) (9,163)
TOTAL FUNDS 768,057 (777,220) (9,163)

Net
movement At
At I/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,B71
Comparative net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
E E E
Unrestdcted 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