REGISTERED COMPANY NUMBER: 03745415 (England and Wale5) REGISTERED CHARITY NUMBER: 1076007 REPORT OF THE TRuEEs AND UNAUDITED FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31ST MARCH 2022 FOR CASTLE POINT SOCIAL CAR SCHEME LIMITED FSW Chartered AccounlanLS 162-164 High street Rayleigh Essex SS6 7BS
IAL CAR SCHEME LIMITED coNrENfs OF THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Page R¢port of the Trnstses I to 6 Ind¢peDdeD¢ Ex•mlDer's Report SltemeDt of Fin•Dci•l Actlvltl Blknte Sh¢et 9 w 10 No¢¢s to the FI¢1[ Ststemtnts 11 to 16 Detlled Statement off FlnaDcl•l Aetlvltl 17 to 18
CASTLE POINT SOCIAL CAR SCHEME LIMITED REPORT OF THE TRuEEs FOR THE YEAR ENDED 31ST MARCH 2022 The trustees who are also directors of the charity for the purpses of the Companies A¢t 2006, preseni their report with the fitwicial staiements of the charity for the year ended 31st March 2022. The trstees have adoptrd ihe provisions of AjUnting and Reporting by ChaTiti¢s: Ststement of R¢c¢)mmended Practice appli¢abl¢ to charities Preparing their accounts in accordance wtth the Financial Reporting Standard applicable in the UK and Republic of ITeland (FRS 102) (effective l January 2019). Thi5 is the 23rd report of the director% a Company lirnitrd by gurntee and iticorporated under tbe Companies Act 1985 as a private company on 1st April 1999. The company is also a registered charity number 1076007. OBJECTIVES AND ACTIVITIES Oblectlvej #Dd alrnj The Company's fijndamentsl objective is to provide a safr. secure and acce55ible Lommunty Transport S¢rvi¢e to the residents of Castle Point who for ag¢ or health reled w¢4sons aT¢ unabl¢ ty a¢c¢ss public troLqport. Prior to April 2011 the Company w&4 bein8 fthanced under a Fundin8 Agreement between the Company? Essex County Council (ECC) and Castle Point Borough Council (CPBC). Thi5 Agreem¢nl expired on 31st Mah 2011 and was not renewed by ECC and CPBL. In Augu 2011 the Company w&$ fortunate enough to be awarded a five year fundin8 grfint of up 10 £359.518 by The BIB Lottery Fund (BLF) in 2016, 9 further five year grant totalling £348,334. Additionol funding in the forn) of subscription fe4 thsn8tions and fees for the use of com[nY vehiel¢s by clubs and others constitutes an important revenue SOU¢. The service is provided:. (a) through the provision of Commynty trnnstvt tssin8 3 Company owned rnlni-busA using appropriately qualified employed ond volunteer drivers. Ib) the 3 Comp#ny owned mobility vehicle4 using appTopriatety qualified employed and voluntttr drivern. (c) by 23 volunteer drivers using their vthicl¢s (at the date of this Report). SIRnlflcant •etlvltles The principal athivty of the cornpuly was the prowision of a ¢ommunity transport service for those r¢sidents in the Casile Point Borough Council area who are unable to access conventiona] publi¢ tsan4M)rt b¢th$e of impaiThKnt, age or lack of available public transport services. Stsff Voluttteers The directors would like to fonnally record their thath to all those volunteers who continue to for¢go their free time for the benefit of the organisation. Without their support th¢re would be M social car or community tran5POrt sth¢m and their dedication. coupled with the w¢ Jnd understatiding shown clients. is much apprlated by 811 n¢end. The diredors would also like to express their sin¢¢re thank5 to those irLStitirtiorts and individua]5 who hv¢ $upported the company's fimdrai5ing activiti¢s ov¢r th¢ p&4t year and who have kirmlly donat¢d our cause. The mana8ement team consists of manager Jacqui Middleditch who, with assistant n]anager Samantha March. primarily wv¢r the Trzn5POrt sid¢ of the busI3s. Lisa Taylor rnanages the Car Sche Booking Offic¢. We have a 11-tim¢ driver, Adam Ball, to cover longer distance joum¢ys ]ng one of the mobility vehicl¢s. P¢trr Andrews (up until 2810212022) and Alan Mutton provid¢ th¢ main force for the minibus OFwations and we have a pool of 6 5uitsb]y qualified volunteer driv¢rs we can use on an ad-hoc basis for eitheT minibuses or mobility cars. Pel¢r Andrew5 left the Company on the 281012022 and been replxed by Della JaTViS. Ad4m is ¢ontracted for 34 hours per week OV 4 day5 and Alan Muth)n and Della Jarvis are contsa¢t¢d on 0"7£ro hours. basis.
CASTLE POINT SOCIAL CAR SCHEMZ LIMITED REPORT OF THE TRusfEES FOR THE YEAR ENDED 31ST hlARCH 2022 ACHIEVEMEKf AND PERFORMANCE Car Scheme During the year under review tbe volunteer Car scheme and mobility drivws completed 12,008 journeys (2021: 5,866) aying 13.867 clients (2021: 6,597) a tothl of 73.626 mile5. The car scheme membership slightly decreased over the year to 923, ¢Mir¢ty beCaSe of the pandemie. The Scheme's gro has started to recover in this peritwj with the relaxation of GoveTnNMI r¢stricliOLS. Since funding from the BLF commen¢¢iL car Scheme clieni nurnb¢rs have risen from 533 to a previous peak of 1,022 beforE reducing to 923 * 31# March 2022. however thi5 figure still gives overall increase of 390 OT 73% over the 10 )ws of fill)ding. All journeys ddaikd alx)ve weye carried in Striet adherence to the various GoverJ]ment guidelines in pla¢e at the time with re8ard to social dista]n& face covering Trwearing and enhaneed cleaning of vehicles. Of the journey5 12,008 above 2.650122%) w¢re Undeell in the mobility vehicle$. Communlty Trnnsport Seh¢Jne During the year under Tevi¢w there were 582 jounw3 (2021: 10) ¢arryin8 3,587 cliejts (2021: 60). The service to 3 difftremt welfare groups weTe T¢InSta a¢ their request th thy resumed their adivtties. the remainder of clubs pr¢viously served have either.- a) not resunKd at theiT PT¢vio kvel of attendance and do not now requir¢ Minibus transport or b) have not re5tart¢d after the pandemic. The charity is a rnernber of th¢ community transport association (No 39633). Publlc Benellt Requlrement The Directors of the Company have rud th¢ Charity Commission guidance on 'the publi¢ benefit requirement" exCls1n8 ony powers or duties to which the guidan¢¢ is r¢levgni. This requires every organisation set up for one or more charitsbk airn3 to denn8tral¢ its Ain are for the 'public benefit" The two key principles of public b¢n¢fit l) There must be an identifiable bthefii or l)enefits and 2) Benefit MU b¢ to the wblAc or a section of the publi¢. In looking to ascertain how the Company meets the above criteria it is necessary to remind the reader of the Compan5 aims. The objective sd ow in the Cornp8nys Memorandum 1$ the provision of a Community Transport SeTVi¢¢ for tknse residents of Castle Point Borough who are unable access conventionE41 public trmSPOrt be¢ause of impainnen¢, age or lack of available public transport seTViCeS. The Dirtctorg are of the opinion that the Company meets the th)ve key prin¢ipl¢s f(f the following rea50ns-. ID reltloD to PrlDelple (l) a) th¢ provision of a specific trwort service to people who would in the ordllwy be able to use public tran5POrt 1$ ¢1¢8rly a relief to those in need and a5 Such qualifi¢5 undeT the Charities A¢t as a"¢h8rttable purpose" b) th¢ b¢n¢fit to the Ixneficiaries is clearty related to the aims of the Company, cl although the provision of mot0ri5¢d transFM)rt has Some harn)ful effect on the eDvironmenL the benefits are Considered to outweigh these cOnm9 ¢sp¢¢ialty it is Company policy to tnitigate the effect of C02 emissions wherever possible. In relatlon to PriDciple (2) a) the b¢nefi¢iari¢5 are sp¢cificalty aligncd to the Com5 aims, b) although thc public benefit is rtstricted under the ainm to the impairtd or di5*Jvantaged Te5idents of Castle Poinl the number of Rgistered b¢nefi¢iari¢s ¢oupled with the number of residents who are eligible to qualify as such is nsid¢red io b¢ $uffict¢nity wide L8 th be not unreasord)le for public benefit purposes .Individual scheme members are required to pay an annual subscription of £15. This level of fee is not unre&sonable and would not deter or exclude memb¢T5hip by virtue of inability to pay. TTan5 * are v¢ry c(wtitiv¢ wmpared to the privatr sector. c) people in poverty are not exchNled from the sc1mE and ID f¥t Ixnefit from il th¢ l¢vel of fees and charge5 ar¢ nol seen bar to ¢nty, d) any priv¥4te benefits from Tuonitsg th¢ s¢h¢me would k incl. Page 2
CALE POINf SOCIAL CAR SCHEME LIMITED REPORT OF THE TRUSTEES FOR THK YEAR EIYDED 31sr MARCH 2022 FINANCIAL REVIEW Prittcipal fuDdlttg sourees A5 m¢ntion¢d above the Cornpany secured a secoThJ 5 year fitting STant from th¢ Big Fund in Au8USt 2016. This fimding cegsed at the end of August 2021. We continue to monitor the "Oulcome5" previotY recorded as a requirerncnt for thr BLF funding and intend to achieve the followiDg for old¢r p¢ople and people with disabilities living within the area of cale Point Borough Council: a) Reduced isolation and social exclusion b) Improvement in physical health gnd mental well being ) To independence. Dethlled Statememt ofFlnneAl Aetfvltkg It will be seen from the accounts to this Report that total incoming resources for the period under T¢Vi¢W omounted to £139,202 12021: £170,036). Of this sum the BLF restricted granl am04m¢¢d to £27.193 (2021.. £64,615) with the balance comtng from members subscriptions £13,690 (2021.. £11.340k donations of £46,168 12021: £26,180). Gov¢rnmeDt grants of £10,572 (2021.. £54.622) aDd otherof £41.567 (2021: £13244). Total T¢sour¢es ¢xp¢nded for the year amount&J to £152.177 (2021.. £143,274) of whkh £27.193 was BLF funded. Of this fornier Sum £83,529 related to Oating cxprnses. £60,370 to athninistrwive costs. £1,440 to goveTTwi¢e eoM$ and £6,838 to fund rnising. There was an overall n¢t operating Ios5 for the year ended 31 st March 2022 of £12.975 12021.. Surp1 £26,762). Donations, members subsuip¢ion5 contract income all in¢r¢&s¢d durin8 the year. Op¢rdiillg expenses decrewd and athninistrative costs increased. The amount of BLF grant uttlised over the year remained sirnilar to last y¢ar but still resulted in a BLF pre-payirtent amount of £5,631.29 to be urricd forword. Without question the support r¢c¢iv¢d from the Bi8 Lottery Fund has enabled the Charity to rexh out and a55tst mor¢ loc peopl¢ than ever with eornmunity Iransp)rt y1)l]0n$. Bl4n¢¢ Sheet At year-end Total Funds of the Company amounted to £166,558 (2021.. £179,533•) of which all were unrestricted funds. Fix¢d Assets decreased to £46,476. Totsl CUTrertt assets amounted io £150.115 which includes cash ai bank attributable to the Company of £140.451. Net current assets totalled £120.082. IDvestm¢Dt polley and objectlves Under its Memorandurn and Artic1¢5 of ASsoci10n. the Company has the power to inve51 in any the Trustee DirectOTS d¢ern opproprillte. The Financia] Manager having regard to the liquidity requirements of the Company and ¢0 the reserves poli¢y currently maintain th¢ available fimds in interest Et4ring deposit accounts and continually monitor the market to en5ur¢ the rate achieved is COlDlVe with similar fe inve5thieM opwjrnmities. Ruerves polley The Companys policy going forward is to gradualty build reserves to the where it ha5 suffi¢ieM liquidity to meet any replacemenl vehicle r¢quirements. As at 3 1st Marth 2022 the Company had unre5trictcd free reserve5 (net of fixed assets) of £91.736. The reserve5 poli¢y currenty maintsin the availabk funds in interest bcaring deposit accounts and continually monitor the Ma w eDsure the rate hi¢v¢d is coropetitive with 5imilaT sttfe investtnent opportunities.
CASTLE POINT SOCIAL CAR SCHEME LIMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022 Big Lottery funding (until August 2021) Iw enabled the Dire¢tors to build upon and enlarge the Community Transport scknes. Car scheme client MeMbebip has incrtased from 531 to 963 (please Tefer to the 'Achievernent and Perfornw]ce" section) up until the end ofthe Big tJ)ttery gTrnt. The ralional¢ b¢hind BLF fimding is to reach out to as many older people and Fople with disabilities [)551b1¢ living Wtthin the borough of C85t]e Point who, for whatever reaso find themselves unable to use public transwJrL Following a 'end of BLF graDt" survey of mernber5 Augt 2021 a total of ovcr 4.280 positive outcotnc re5ponse5 ha5 been rcceived from clients since the commencement of th¢ project. The Projects objective of improvin8 thc ph>siral and mcDtsI well-bein8 of Castle Point resid¢nts througb the provision of conununity car and rninl.bus traDsporlalioD i5 ¢ball¢ngtng but higbly rewl]ng aDd the Director4 staff and volunteers of the Company will continue to use their b¢s¢ endeavours to see that those Withy the brffough who need supp)rt receive IL We have ordered a replacement mobiliry car w replace one of our older vehtcles. however thi5 will delivered umil JuneJJuly 2022. Whilst the BLF fimdin8 terminated at the end of August 2021. the Directors are considering applying for a fiuther grant iow8rds the end of this year. This will enable the commth)tty transport schemes ttme to recover from the long¢r effects of the pandemic and provide greater support to the membeTS of the community, who have been disproportionally afftct¢d by the paDd¢mi¢ itself and th¢ restrictions imposed by the tiovemment. We will conlinue to provide transpon factlities for the elderly. mainthinin8 coye s¢rvi¢e of ktsl joum¢ys, whilst Also ¢oniinuing to und¢rtAke k>nger journ¢ys. for trA)th individual$ And groups in r¢l4¢ion to social outing5 and holidays. The over¥411 objective of reducin8 isolation and improving the phl¢al and mentsl well-being of the elderly r¢mains a cornerstone of our projecL Even with Big Lottery Fund support endin8 at the end of Au8USt 2021, the Trustees have no reason to suppose that the Charity will be unable to meet its eommithRnts over the ensuin8 fimncial year. We have been very aware of the menth] and 111 effects of the reCulA8 lockdowms on our member5hip detrimentyl eff¢¢ts of these wtll thke • long whil¢ r¢¢ov¢r from. W¢ ar¢ very pleased with the uptsk¢ of our day trips and have. since the ending of most restrictions. plan to continue to build our services, tx)th Car Scheme and Minibus 5ervic¢s, thToughout the corning yeaT. The 5ucces5ful restsrt has been made possible by the efforts of both our staff ond volte¢r5 and the Tntyi¢¢8 would like w thartk theJD for all their efforts. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng docuTheTrt The company ts governed by its Memorandum and Articles of Asso¢ia¢ion. Application for voting mernber5hip of the ornpany may be rnade by any eligibl¢ user of the service upon their undertaking in WTitin8 th eontributr sueh arnounl 8 may be require4 but not exceeding £1 (one w)und). for the pJyTr¢nt of debts and liabilities of the company in the event of its windin8 up. There are currently 60 volin¥ tnembers of th¢ ¢ompally. Forn)s for applicalion for voti membership may be obtsined fmm the office. Recrul¢menl alld •ppolntment ol trustees The Trustee Directors have overall responsibility for ensurin8 the Company is nm to athiev¢ its obj¢ct5 within the onfin¢s of its governing document and the law. There were six directors ill office durtng thc pBriod under review all of whom are volunteers but who bring 5pKial knowledge or experience in matters lating to the eompang$ artivities. No direcl(Y in their capacity as such or any person conllected director received any pa)rynent other than o norn]41 comm¢r¢ial basis from the company during the period. The post of rompany 5¢CT¢tary has been dispensed The dirKtor5 wntinue to look to appoint new pcqjk to thE magIng ¢ommitt¢e of the Board. New n)at)88¢iiJ¢nt ommittee rncmber5 thall be elected individually at the AGM. The directors nmy ¢pt up to ¢wo other persons to fill a vacancy on the mana8emettt eommitte¢. P¢r50os ted must seek re-election at the n¢xt following AGM.
CASTLE POINT SOCIAL CAR SCHEME LIMITED REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31ST hlARCH 21122 STRUCTURL GOVERNANCE AND MANAGEMENT ManagemeDt The current stat8 is follow3.' Operational decisi{ are made on # daily b&sis by Jacqui MiddleditcL general mana8vr, ill CODsuitation with the Chairman if Decessary. Samantha March assistsnt transport manager. organises the trips and minibus operations and deputi5¢5 for Jacqui when she is not in the office. Lisa Taylor manage5 the Car Schem¢ booking office. All matters of p)licy, procedure and finala] ¢ontroL having reSd to all regulatory atsd slatutory controls, are laid down by the dir¢d¢)TS. The contracted h(MJrs are - Jwui 21 hours, Som 28 hourn and Lisa 26 hours. Supporting these geT3 are some 28 volw)tsry stsff of whieh 23 ore volUntr drivers and 5 are office based athnin assistants. Some of the offi¢¢ stsff, wjd also some trusiees. work a dual role drivers but ttrt only couffled ot)ee. Of the three paid driv¢T5, one works 34 hours w weeK the other ttvo Jre on a 'z¢ro hours. contract. DBS checks are tsken on all paid staff and volunteers. Accornmodatlo The ¢ompauy op¢rale5 Out of an office CODSiSting of three rtms located in the Tyrells Centre in Benfl¢eL E88ex for which it Currently pays rent io Essex County Council. Th¢ ¢urr¢ni l¢as¢ issued on 1311112020 and runs frorn June 2015 until 25th March 2022. Thi5 has now expirt we have Dot yet been advised when the subs¢qu¢M Ie will be 155ued. Inductlon #thd trnlDlng of n¢w ITw$¢ees New Trustee Directors underb>O an orientstion period to en&ble them to undrr5fand theiT legal obligati¢)ns under charity and company law and under the Memorandum and Anicles of Associaiion. The Board runlOn and d¢¢ision makin8 process is explained to them and Yecent financial data is made availabk. They Énvi¢ed atTJd Bo4rd meeiin¥s at)d are Chartty Commi55i¢)n publication5 ID relation k) the duties of trustees. REFERENCE AND ADMINISTRATIVE DETAIIS ReRlstered Company number 03745415 (En8iand and Wal&%) Reglstered Cb*rlty DumbÈr 1076007 Re8tstered offlee Th¢ TyT¢115 Centre 39 Seamore Avenue Bcnfleet E5$ex SS7 4EX Trustees Mr A Beale. Chainnan Mi55 P Tail Mr M Joiner Mr5 J Sullivan Mrs J Donovan Mr D Patterson Independent Examiner ESW Chart¢r¢d A¢¢ountants 162-164 High Street Rayleigh Essex SS6 7BS
REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31ST MARCH 2(122 REFERENCE AND ADMINISniATIVE DETAllS BaDk¢r5 Natwest Bank Pl¢ Basildon A Brdnch 29 Elst Wajk Basildon Essex SS14 IHD Approved by order of the Frf>ard of trustees on ........... .......... ... -d sigttd ort its behalf by.. Mr A Beale. Chairn. TnL%tee
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES OF CASTLE POINT SOCIAL CAR SCHEME LIMITED Independent ex4miner'5 report to the tru$¢tts of Castle Point SDeil Cr Scbeme Limited {'tbe Comp8Dy') I r¢port to the charity trustees on my ¢xamiT0D of the accowlts of the Cotnpany for the year ended 3 1st M#rch 2022. Responsibilities and basis of report As the charity's tru51ecs of the Company (and a150 its diIrc foT the pwp)se5 of company law) you are responsible for th¢ pr¢paTation of the accounts in accordance with the requirements of the Companies Art 2006 Ilhe 2006 Acty. Having SatiSfd myself that the accounts oftt Company aTe not required io b¢ audited under Part 16 of the 2006 Act and are eligible for independffljt examination. I rewi in r¢srn of my examination of YOUT charity's accounts as eorried out under section 145 of the Chariti¢$ 2011 Cthe 2011 ACV). In carrying out my examination J have followed the Directions given by th¢ Charity Commission under section 145(5) (b) of the 2011 ACL Independent exmlDer's Jtatem¢n¢ I have completed my examination. I ronfinn that no matters have come to my attention In Connection with the examination Btving rn¢ to believe: a¢countin8 records were not kepi iti r¢spe¢t of the Company as Tequir¢d by section 386 of th¢ 2006 or the a¢counts do not accord with those records. or the accounts do not cornply with the accouniin8 requir ofsethion 396 of th¢ 2006 Ad other than any requir¢m¢ni that the accounts give & true and fair vi¢w which is considered as part of an independent examin10n. or th¢ a¢¢ounts have not tten prepared in xcordan¢¢ with th¢ m¢thod5 and principles of the Statement of Recommended Practice for aecounting and reportin8 by charities (applicable to charities preparing th¢tr ¥counts in CordanCe with the Financial Reporting Stsndyrd appli1¢ in the UK and Republic of Jreland (FRS 102)). I have no concerrts and have ¢ome a¢ro$8 no other mBtteT5 in C0CcI10n with the examination to which attention should be draw) in thi5 report in order io enable a proper und¢rswidin8 of the a¢¢ounts io be reached. ESW red Acc Street Rayleigh Essex SS6 7BS
STATEMENT OF FINA]YCIAL ACTtVlTIES FOR THE YEAR ENDED 31ST MARCH 2022 2022 Total fimds 2021 Totsl funds fimds Notts INCOME AND ENDOWMENTS FROM DoDions and legacies 46.168 46,168 26.180 Chrilabl¢ a¢dvldes Big Lottery Fund Charitable 27.193 27,193 10,572 64.615 54.622 10,572 Other trading adivities Invcstsnent income 55257 12 55257 12 24,584 35 Total 112.W9 27,193 139.202 170,036 EXPENDITURE ON Raising funds 6.240 6240 6.240 Cbrltbk aetlvltlej ClJaTitable 116.706 27,193 143,899 135.695 2,038 2,038 1.339 Total 124,984 27.193 152.177 143274 NET INCOMEI(EXPENDITURE) (12.975) (12.975) 26.762 Trnnsferj b•twe¢n 13 (28.346) 28,346 Ne¢ movement In (41.321) 28.346 (12,975) 26.762 RECONCILIATION OF FUNDS Totsl fuDd3 brought forward 179.533 179.533 152,771 TOTAL FUNDS CARRIED FORWARD 138.212 28.346 166,558 179,533 The notes fonn ptrt of these fllwJ¢ial statern¢rtts
CASTLE pol[ SOCIAL CAR SCHEME LIMITED BALANCE SHEET 31 MARCH 2022 2022 Total fund5 2021 Total fun(ts UDrestricted Restricted fund fund FIXED ASSETS Tangible assets 10 46.476 46.476 58,236 CURRENT ASSETS Debts)rs Prepayments attd aecrued ina) Lash at bank 4.033 5,631 111105 4.033 5,631 140.451 1,341 8,660 145.836 28.346 121,769 28.346 150,115 155,837 CREDITORS ATrts fallin8 due within one year 12 (30.033) (30.033) (34,540) NET CURRENT A&SETS 91,736 28.346 120.082 121,297 TOTAL ASSETS LESS CURRENT LIABILITIES 138,212 28,346 166,558 179,533 NET ASSETS 138,212 28,346 166.5S8 179,533 FUNDS Unr¢5tri¢ted funds Restricted funds 13 138212 28.346 179.533 TOTAL FUNDS 166,558 179,533 The ch8ritsble company i$ entitl¢d to exemption from audit Under Section 477 of the Companies Act 2006 for the year ¢nded 3 1st March 2022. The members have not r¢quir¢d the wmpany to obtain an audit of its financial Statern for the year ended 3 1st March 2022 in accordance with S¢¢tion 476 of th¢ Companies Ad 2. The trLL5tee5 acknowledge thetr responsibilities for (a) en5urill8 the charitable wrnpany k¢ep5 accounting rordS that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial ststements which give a tn and fair view of the stste of affairs of the charitsble company at the end of each financial y¢8r and of its SUTplus or deficit for ¢h financia] year in accordance with the requirements of Sections 394 and 395 and which othenvise comply with the requirements of the Companies Act 2006 relatti to financial ststem¢nts, so far a5 applithle to the charitable wmpany. (b)
BALAF4CE SHEET- ContIDed 31ST MARCH 2022 Th¢se fllwKial stsiem¢nts have IKcn prepored in aWOr with the Provisions applicable to ¢harAtable Companies subject to the Thll companies Tegitne. The finan ements w¢Ye approved by the Bo8rd of TTus*es and authoTi5ed for issu¢ on 2£. were signed on its behalf by: Mr A Beale. Chairn)an. Trwtee The Nrtes fornj part of these financial sthtemts
CASTLE POINT SOCIAL CAR SCHEME LIMrrED NOTES TO THE FINANCIAL sTATEMErs FOR THE YEAR ENDED 31ST MARCH 2022 ACCOUNTING POLICIES BsJl$ of PT¢pariDg tbe finaTrcil ststemtnts Th¢ financial ststements of the charitsble cornp•ny, which is a public bcllcfit cntity under FRS 102. have been prepared in accordan¢¢ with the Charities SORP (FRS 102) 'Accounting and Reporting by Charitie5: Stat¢m¢nt of Recommended Practice applicable to charities preparing their accounts in ac¢ordanc¢ with the Financial ReportiD8 StaDdard applicable in the UK Republi¢ of IrelaNJ (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 Th¢ Financia] Reporting Stsndard applicable in the UK and Republic of Ireland, and the Companies Act 26. The fin8n¢io] st4i¢ments have been prepared wjer the historieal Cost Ineome All incom¢ 1$ recognised in the ststrmeni of Financial Activiti¢s on¢e th¢ charity has entitlement to the fjjnds. it is probable that the iTKom¢ will be received and the atnouni can be measur¢d r¢liably. Expendltu Liabilitie5 are recognised as expenditiw¢ soon as the is a k8a] or constnKtive obliga¢ion Committing the charity to that expenditure, tl 15 probable that a transfer of economic benefits will be required in 5ettlernenf and the amounl of the i)bligation can be meLqur¢d r¢liab]y. Exp¢ndilur¢ is ac¢ountrd for on an ac¢nlS bosis and has been ¢10ssifi¢d under h¢ading5 that a88re8ate all cost relad to the cat¢gory. Where costs cannot be dir¢ctly attributed to particular headitigs th¢y l¥v¢ be¢n MIkKa ¢0 adivities on a b15 consistent with the use of r¢sourc¢s. TDglble fixed asJ¢ts DepreCI10Th is provided at the following annual rntes in order to wri1¢ off each ayset over its estimated useful lif¢. Fixtyre$ wjd fittings Motor vehicles 25% on Teducin8 bthce 20% on reducing balance Taxatio Th¢ ¢h¥rity is ¢x¢mpt from COratIOn tax on its charitable aaivities. Fund accountlng Unrestricted fimds can be used in wrdan¢¢ with the ¢11ble obje¢¢ive$ at the dis¢relion of the tru5tee5. R¢styi¢ted fuJMts wi (Alty b¢ uscd foT l)Articular restricted purpoyes within the objects of the charity. Restrictiotts arise when spe¢ified by thr doDor or when fiuH15 are tai5ed for particular restricted pwposes. Further explan*ion of the nature atKI purpose of eacb fimd is included in the notes to the financial statements. OTHER TRADING ACTIVITIFS 2022 2021 Membership fees 13.690 41,567 11,340 13,244 55,257 24,584
NOTES TO THE FINANCIAL STATEMENTS- contthued FOR THE YEAR EIYDED 31ST MARCH 2022 INVEsfMENT INCOME 2022 2021 Dep05it accoutrt inter¢5t 12 35 RAISING FUNDS Raising dots*tloDS and l¢gaeks 2022 2021 Support cosis 6.240 6,240 OThER 2022 2021 Support costs 2.038 ,339 NET INCOMEI(EXPENDITURE) income/(exdIture) is slated after ¢hawnW(¢reditiD8): 2022 2021 11,760 (4.11)0) 14,816 3,035 Other operating 1¢ TRUSTEES, REMUNERATION AND BENEFITS There W¢Te no trusiees. remunerntion or other benefits for the year ended 3 l$t March 2022 nor for th¢ year ended 315t March 2021. Trnsttts, exp¢ There were no trustee's expenses ld fry the yeaT ended 3 1st Mw¢h 2021 nor for the year ended 31st March 2020. STAFF COSTS The average monthly nb¢r of employres during the year w&4 as follows: 2022 2021 Full tim¢ Part tim¢ No employtts received emoluKnts iti excess of £60.¢YXJ. Page 12 Continued...
CAsfLE poINr SOCIAL CAR SCHEME LIMITED NOTES TO THE FINANCIAL STATEMENTS- ntinUed FOR THE YEAR ENDED 31ST MARCH 2022 COMPARATIVES FOR THE STATEME1 OF FINANCIAL A1VITIEs Unrestri¢d Restricted Total ds INCOME AND ENDOWMENTS FROM Donaiions and l¢gacie5 26.180 26,180 Chritable aetfvltles Big Lottery Fund Charitable 64.615 64,615 54.622 54.622 Other trading activiti¢$ Inv¢m¢nI 24.584 35 24,584 35 Tot•1 105.421 64.615 170.036 EXPENDITURE ON Raising fun(ts 6.240 6.240 Ch4rlt•bk Mctfvltlej Charitsble 71.080 64,615 135,695 1,339 ,339 Totjl 78.659 64.615 143,274 NET INCOME 26.762 26.762 RECONCILIATION OF FU]YDS Totsl tsDds brought forward 152,771 152,771 TOTAL FUNDS CARRIED FORWARD 179.533 179.533
NOTES TO THE FINANCIAL STATEMENfs- contlDued FOR THE YEAR ENDED 31ST MARCH 2022 TANGIBLE FIXED ASSETS Fixture5 MotOT vehicles fitttngs Totals COST At 1st April 2021 and 31st Marth 2022 10,696 159,618 170.314 DEPRECIATION At 1st April 2021 Charge for year 8.441 564 103,637 11.196 112,078 11,760 At 3 1st M•Tch 2022 9,005 114.833 123.838 NET BOOK VALUE At 3 1st 2022 1,691 44.785 46,476 At 315t M8r¢h 2021 2,255 55.981 58.23*5 DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2022 2021 Trade debtOTS Other d¢bwrs ,645 2,388 1,341 4.033 1,341 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 Trad¢ Creditors Social security th other tlxes Other creditors A¢erned expense5 599 1.514 865 27,055 599 1,149 1.480 31,312 30,033 34,540 Cxher creditors includes a BLF prepayment of £16.438 (2020.. £16.379). 13. MOVEMENT IN FUNDS Net Transfers between funds At 31.3.22 At 1.421 in fundq Ufjrestrlcted fund¥ Genernl fijnd 179.533 (11975) (28,346) 138,212 Restrlcted flltsds Vehicle Teserve 28.346 28.346 TOTAL FUNDS 179,533 (12.975) 166,558 Page 14 colltinued...
NOTES TO THE FINANCIAL ATEMENTs- eonliDued FOR THE YEAR EIYDED 31ST MARCH 2022 13. MOVEMENT IN FUNDS- eoDtinued Net movement in fimd& included in the abov¢ ar¢ as follows: Incoming Resource5 resourc eXdea Movement in funds UDrestricted fvDds General fund 112.009 (124.984) (12.975) Restri¢led fuDd$ BI Lottery Fund 27.193 (27,193) TOTAL FUNDS 139.202 (152.177) (12,973) COmraVe for mowemewt in fund¥ Net movement in funds Al 31.321 At 1.4.20 Unre5trlcted fnd3 General fund 152,771 26,762 179,533 TOTAL FUNDS 152.771 26,762 179.533 Cornparative net movement in fiumls. included in the aiK)ve are as follows: INomiti8 resources Resour¢¢8 expended Movement in fund5 Unre9trieted thndi Generdl fund 105.421 {78,659) 26,762 Rejtrktsd funds Big tAtry Fund 64,615 (64.615) TOTAL FUNDS 170,036 (143,274) 26,762
N(YfES TO THE FINANCIAL STATEMENTS- conti¢41 FOR THE YEAR ENDED 31sr MARCH 2022 13. MOVEMENT IN FUNDS. continued A ¢urnt year 12 months #ttd prioT y¢aT 12 months combineA position is as follows: Net movement TTensf¢rs b¢tween filljds At 31.3.22 At 1.4.20 Unrestricted fuDds General fimd 152.771 13.787 (28.346) 138,212 Res¢rieted fud8 Vehicle reservc 28J46 28,346 TOTAL FUNDS 152.771 13,787 166.558 A current year 12 months and wior 12 monib combined nel movemeni in fund4 included in the aboY¢ are as follows.. In¢oming Resour¢es expended Movement UTrrntrlcted fund$ General fvnd 217.430 (203.643) 13.787 Restrleted fvDds Big Lottery Fund 91.808 (91.808) TOTAL FUNDS 309,238 (295,451) 13,787 The company bad th¢ followin8 restricted fun& durin8 the . (l) The Big Lottery Fund provlded forthe majority of OF¢ratin8 exp¢n5es and support costs. 14. RELATED PARTY DISCLOSURES There were no relatrd party transactions for the year ended 31st March 2022. Page 16
CASTLE poiwr SOCIAL CAR SCHEME LIMITED DETAILED STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST MARCH 21122 2022 2021 INCOME AND ENDOWMEKrs Don8tloDs and kEacI Donations 46.168 26.180 Other trading aelSvltl 13.690 41,567 11.340 13244 Other 55257 24,584 ltsve5tment IDcome Deposit account interest 12 35 ChArltAble aetlvltks Grants 37.765 119.237 Totsl IncoThlDg res0re¢S 139.202 170.036 EXPENDITURE Charltable actlvltlej Wab>es Dead milea8e uel Insurance 8T road tax Maintenance Fixtures and fittin8S Motor vehicles 44,816 288 8.598 5,798 12269 564 11,196 42,928 45 4.247 6,168 4,547 820 13.995 83,529 72.750 Support Costs maD&geellt Wage5 Rent In5ur4nrx Telephone Postage and stationery Advertisin8 Sundries Computer expenses Fees Payroll 48,975 (4.100) 515 1,183 5.937 2,145 48,027 3.035 542 857 5.134 225 10 4.162 445 508 5.039 177 60J70 61945 FlnaDce Fund rdising CaTri¢d forward 6240 6240 6240 6240
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2(122 2022 2021 FiDantt Brought fonvard Bank ch8r8e5 6,240 598 6.240 459 6,838 6.699 Govern*Dce costs Accountaney 1,440 880 Totsl resources wJeDded 152,177 143,274 Net {¢xpenditvr¢yIDeoTr¢ (12.975) 26,762 Pgge 18