##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||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|
##
##
##
##