2020-12-31-accounts

Report ofthe Trustees	1 to 4
Independent Exammers Report to the Trustees
Statement of Financial Activities
Statement ofFinancial Position
Notes to the Financial Statements	8to 13
Detailed Statement of Financial Activities	14

REFERE	NCE AND	AD	MINISTRATIVE IN	FORMATION
Name of	Charity			WATBus
Charity registration		number		1076729
Company	registration		number	03620232
Principal	address			Wansbeck	Workspace,
				Wansbeck	Business Park, Rotary Parkway
				Ashington
				Noithumberland
				NE63 SQZ

		Mr Les J Kidd
		Mr Alistair Wade
		MrJames Davenport
		Mr John Wakenshaw
Senior	management	Mr Les J Kidd (Chair)
		Alistair Wade
		James Davenport
		John Wakenshaw
		3off4

				unrwtrleM	Restricted		2018
				funds	funds
Income and	endowments		from:
Donations and legacies Other trading crhrites				56,493 283,379	90,751	147,244 283,379	147,689 309,832
Investments							359
Total				33$,828	80,751	430,677	457,860
Errpendlture	on:
Charitable	activities			(284,787)	(64,621)	(349,388)	(389,050)
Total				(284,787)	(84,821)	(34$,386)	(389,080)
ifst Income				55,15$	26,130	81,28$	88,820
Reconclllatlon offunds
Total funds	brought	forward		178,212		178,212	107,392
Total funds	carried	forward		231,371	26,130	257,501	176,212

		Notes	2020	2019
Fixed assets
Tangible assets		10	104,953	135,715
			104,953	135,715
Current assets
Debtors			17,116	1,908
Cash at bank and	in hand		143,530	50,378
			160,646	52,286
Creditors: amounts	falling due within one year	12	(8,098)	210
Net current assets			152,548	52,496
Total assets less current liabilities			257,501	188,211
Creditors: amounts	falling due after more than one year	13		(11,999)
Net assets			257,501	176,212
The funds ofthe charity
Restricted income	funds		26,130	62,722
Unrestricted income funds		14	231,371	113,490
Total funds			257,501	176,212

		Unrestricted	Restricted	2020	2019
		funds	funds
		6
Donations	received	56,493	90,751	147,244	147,689
		56,493	90,751	147,244	147,689

					2020
Unrestricted funds
WATBus	operating	income			230,026	237,381
WATBike	operating	income			53,353	72,151
Sale ofAssets						300
					283,379	309,832
4. Investment	income
					2020	2019
					6	f
Unrestricted funds
Bank interest recewable						359
						359
5.Costs ofcharitable		activities by fund type
			Unrestricted	Restricted	2020	2019
			funds	funds
			6
WATBus	actwities		212,965	1,205	214,190	228,696
WATBike	activities		30,984	60,921	91,905	90,658
Support costs			40,798	2,495	43,293	69,706
			284,767	64,621	349,388	389,060

osts ofcharitable	activities by activity type
		Activities	Support	2020	2019
		undertaken	COStS
		directly
		f
Support costs
WATBus activities		214,190	9,543	223,733	240,665
WATBike activities		91,905		91,905	90,658
General overhead	and support		11,710	11,710	19,940
costs
General overhead	and support		22,040	22,040	37,797
costs
		306,095	43,293	349,388	389,060

nalysis of	support	costs
			2020	2019
General overhead		and support costs
Advertising	and		11,710	19,940
Marketing
Governance	costs		31,583	49,766
			43,293	69,708

8.Net income/(expenditure)	8.Net income/(expenditure)	8.Net income/(expenditure)	for the year	for the year
This is stated		after charging/(crediting);
					2020	2019
					f	f
Depreciation		ofowned	fixed assets		45,291	46,552
Depreciation		ofassets	held under	hire purchase	2,765	7,776
agreements
Accountancy		fees			4,094	3,490
Auditor's fees					6,739	1,073
Trustees' pension contributions						1,139
Staff pension		contributions				1,139
(Gain)/Loss	on foreign		currency translation			(30)
(Gain)/Loss	on disposal		oftangible	fixed assets		4,025

Total staff c	osts for the year ended 31 December 2020 were
		2020	2019
		E
Salaries and	wages	165,084	150,939
Social secunty costs		11,650	31,311
Pension costs			1,139
		176,734	183,389
		2020	2019
Employees	FTE	5

	Modular	Bike	Motor	Computer
Cost or valuation	Building	equipment	Vehicles	Equipment	Total
		E	E		E
At 01 January 2020	59,999	33,280	511,706	18,554	623,539
Additions		14,800		2,495	17,294
At 31 December 2020	59,999	48,080	511,706	21,048	640,833
Depreciation
At 01 January 2020	20,000	28,281	425,739	13,804	487,824
Charge for year	20,000	4,950	22,019	1,087	48,056
At 31 December 2020	40,000	33,231	447,758	14,891	535,880
Net book values
At 31 December 2020	19,999	14,849	63,948	6,157	104,953
At 31 December 2019	39,999	4,999	85,967	4,750	135,715

Debtors
			2020	2019
				E
Amounts	due	within one year:
Trade debtors			15,304	720
Prepayments		and accrued income	1,812	1,188
			17,116	1,908

12.Creditors:	a	mounts	f	alling due within one	year
									2020	2019
									6	6
Trade creditors									5,816	768
Other creditors									(356)	(3,806)
Accruals and		deferred		income					2,638	2,828
									8,09S	(210)
13.Creditors: amounts			falling due after more		than one year
									2020	2019
									6	6
Other creditors										11,999
										11,999
14.Igovement	In	funds
Unrestricted		Funds
					Balance	at	Incoming	Outgoing	Transfers	Balance at
					01/01/2020		rssoUrcss	nlsoUrces		31/12/2020
							6	6	6	6
General
Unrestricted	Funds				176,212		339,926	(284,767)		231,371
					176,212		339,926	(284,767)		231,371
Unrestricted		Funds	-	Previous year
					Balance	at	Incoming	Outgoing	Transfers	Balance at
					01/01/201	9	resources	resoUrces		31/12/2019
						6	8	6		6
General
Unrestricted	Funds				58,672		326,191	(320,093)	48,720	113,490
					58,672		326,191	(320,093)	48,720	113,490

Analysis of n	e	t assets between funds
			Tangible	Net current	Creditors	&	Net Assets
			fixed assets	assets I	one year
				siabgitles)
				8
Unrestricted	funds
General
Unrestncted		Funds	104,953	126,418			231,371
Restricted funds
Restricted		Funds		26,130			26,130
			104,953	152,548			257,501
Previous year
			Tangible	Net current	creditors	a	Net Assets
			fixed assets	assets I	one year
				(gabgltles)
				8
Unrestricted	funds
General
Unrestricted		Funds	45.966	79,523	(11,999)		113,490
Restricted funds
Restricted		Funds	89,749	(27,027)			62,722
			135,715	52,496	(11,999)		176,212

				2020	2019
INCOME AND ENDOWMENT
Donations end legacies
Grants and Donations	- Unrestricted		Funds	147,244	147,689
				147,244	147,689
Other trading activities
Income from WATBus	operating	income		230,026	237,381
Income from WATBike	operating	income		53,353	72,151
Income from Sale ofAssets					300
				283,379	309,832
Investments
Bank interest receivable					359
					359
Total incoming resources				430,677	457,880
EXPENDITURE
Charitable activities
WATBus vehicle running costs (WATBus				(214,190)	(228,696)
activities)
WATBike expenditure	(WATBike	activities)		(91,905)	(90,558)
				(306,095)	(319,354)
SUPPORT COSTS
Advertising and Marketing
Advertising and Marketing (General overhead				(11,710)	(19,940)
and support costs)
				(11,710)	(19,940)
Governance costs
Governance costs (WATBus activities)				(9,543)	(11,969)
Governance costs (General overhead			and	(22,040)	(37,797)
support costs)
				(31,583)	(49,766)
Total resources expended				(349,388)	(389,060)
Net Income				81,289	68,820