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





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|REFERE|NCE AND|AD|MINISTRATIVE<br>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||



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|||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|





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|||||unrwtrleM|Restricted||2018|
|---|---|---|---|---|---|---|---|
|||||funds|funds|||
|Income and|endowments||from:|||||
|Donations and legacies<br>Other trading crhrites||||56,493<br>283,379|90,751|147,244<br>283,379|147,689<br>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<br>offunds||||||||
|Total funds|brought|forward||178,212||178,212|107,392|
|Total funds|carried|forward||231,371|26,130|257,501|176,212|





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|||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<br>income|funds||26,130|62,722|
|Unrestricted<br>income funds||14|231,371|113,490|
|Total funds|||257,501|176,212|





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|||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|



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||||||2020||
|---|---|---|---|---|---|---|
|Unrestricted<br>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<br>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|





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|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|



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|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'<br>pension<br>contributions||||||1,139|
|Staff pension||contributions||||1,139|
|(Gain)/Loss|on foreign||currency translation|||(30)|
|(Gain)/Loss|on disposal||oftangible|fixed assets||4,025|





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|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||



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||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|



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|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|





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|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|



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|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|





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|||||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<br>activities||||||
|WATBus vehicle<br>running costs (WATBus||||(214,190)|(228,696)|
|activities)||||||
|WATBike expenditure|(WATBike|activities)||(91,905)|(90,558)|
|||||(306,095)|(319,354)|
|SUPPORT COSTS||||||
|Advertising<br>and Marketing||||||
|Advertising<br>and Marketing<br>(General overhead||||(11,710)|(19,940)|
|and support costs)||||||
|||||(11,710)|(19,940)|
|Governance costs||||||
|Governance<br>costs (WATBus activities)||||(9,543)|(11,969)|
|Governance<br>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|