2021-12-31-accounts

		Page
Chairman's Report
Report ofthe Trustees	2	to	6
independent Examiner's Report	7	to	8
Statement ofFinancial Activities
Balance Sheet	10	to	I l
Notes to the Financial Statements	12	to	18
Detailed Statement ofFinancial Activities		l9

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	fund	funds	funds
	Notes
FIXEDASSETS
Tangible assets		134,957		134,957	104,953
CURRENT ASSETS
Debtors		41,133		41,133	17,472
Cash at bank and in hand		76,464	26,130	102,594	143 565
		117,597	26,130	143,727	161,037
CREDITORS
Amounts falling due within one year	10	(15,123)		(15,123)	(8,489)
NET CURRENT ASSETS		102474	26,130	128,604	152,548
TOTAL ASSETSLESSCURRENT
LIABILITIES		237,431	26,130	263,561	257,501
NET ASSETS		237431	26 130	263561	257,501
FUNDS
Unrestricted funds				237,431	231,371
Restricted funds				26,130	26 130
TOTAL FUNDS				263,561	257,501

	for the	Year En	ded 31Decembe	r 2021
					2021	2020
			Unrestricted	Restricted	Total	Total
			fund	fund	funds	funds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			56,361		56,361	147,244
Other trading activities		2	354,032		354,032	283,379
Investment income		3	1		1	54
Total			410,394		410,394	430,677
EXPENDITURE ON
Charitable activities
WATBus Activities			273,777		273,777	220,724
WATBike Activities			88,053		88,053	91,904
Support Costs			42,504		42,504	36,760
Total			404,334		404,334	349,388
NET INCOME			6,060		6,060	81,289
RECONCILIATION	OF FUNDS
Total funds brought	forward		231,371	26,130	257,501	176,212
TOTAL FUNDS CARRIED FORWARD			237,431	26,130	263 561	257,501

						2021	2020
	Employees FTE					5	5
	No employees received		emoluments	in excess of560,000.
7.	COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES
					Unrestricted	Restricted	Total
					fund	fund	funds
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies				56,493	90,751	147,244
	Other trading activities				283,379		283,379
	Investment income				54		54
	Total				339,926	90,751	430,677
	EXPENDITURE ON
	Charitable activities
	WATBus Activities				219,519	1,205	220,724
	WATBike Activities				30,983	60,921	91,904
	Support Costs				34,265	2,495	36,760
	Total				284,767	64,621	349,388
	NET INCOME				55,159	26, 130	81,289
	RECONCILIATION		OF FUNDS
	Total funds brought	forward			176,212		176,212
	TOTAL FUNDS CARRIED FORWARD				231,371	26 130	257,501

2.	OTHER TRADING ACTIVITIES
		2021	2020
	WATBus operating income	284,196	230,026
	WATBike operating income	69,836	53,353
		354,032	283,379
3.	INVESTMENT INCOME
		2021	2020
	Deposit account interest	1	54
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure) is stated after charging/(crediting);
		2021	2020
	Depreciation - owned assets	52,475	48,056

	for the Year Ended 31December	for the Year Ended 31December	2021
10.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE		YEAR
				2021	2020
	Trade creditors			1,123	5,818
	Other creditors			10,000	33
	Accrued expenses			4 000	2,638
				15 123	8489
11.	MOVEMENT IN FUNDS
				Net
				movement	At
			At 1/1/21	in funds	31/12/21
	Unrestricted funds
	General fund		231,371	6,060	237,431
	Restricted funds
	Restricted fund		26, 130		26,130
	TOTAL FUNDS		257 501	6,060	263 561
	Net movement in funds, included	in the above are as follows;
			Incoming	Resources	Movement
			resources	expended	in funds
	Unrestricted funds
	General fund		410,394	(404,334)	6,060
	TOTAL FUNDS		410,394	~404,334)	6,060

	for	the Year E	nded 31Decem	ber 2021
8.	TANGIBLE FIXEDASSETS
		Modular	Bike	Motor	Computer
		Building	equipment	vehicles	equipment	Totals
	COST
	At I January 2021	59,999	48,080	511,706	21,048	640,833
	Additions	2,000		80,479		82,479
	At 31 December 2021	61,999	48,080	592,185	21,048	723,312
	DEPRECIATION
	At I January 2021	40,000	33,231	447,758	14,891	535,880
	Charge for year	20,295	3,709	25,315	3,156	52,475
	At 31 December 2021	60,295	36,940	473,073	18,047	588,355
	NET BOOKVALUE
	At 31 December 2021	1,704	11,140	119,112	3,001	134,957
	At 31 December 2020	19999	14,849	63,948	6,157	104,953
9.	DEBTORS:AMOUNTS FALLING DUE		WITHIN ONE	YEAR
					2021	2020
						f.
	Trade debtors				30,821	15,304
	VAT				7,202	356
	P repayments				3,110	1,812
					41,133	17,472

	Incoming	Resources	Movement
	resources	expended	in funds
Unrestricted funds
General fund	750,320	(689,101)	61,219
Restricted funds
Restricted fund	90,751	(64,621)	26,130
TOTAL FUNDS	841 071	~753,722)	87,349

			Net
			movement	At
		At 1/1/20	in funds	31/12/20
Unrestricted funds
General fund		176,212	55,159	231,371
Restricted funds
Restricted fund			26,130	26,130
TOTAL FUNDS		176,212	81,289	257,501
Comparative net movement	in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds
General fund		339,926	(284,767)	55,159
Restricted funds
Restricted fund		90,751	(64,621)	26,130
TOTAL FUNDS		430,677	~349388)	81 289

					Net
					movement	At
				At 1/1/20	in funds	31/12/21
						f.
Unrestricted			funds
General	fund			176,212	61,219	237,431
Restricted		funds
Restricted		fund			26,130	26,130
TOTAL	FUNDS			176212	87349	263,661

	WatBus
	Detailed Statement ofFinancial Activities
	for the Year Ended 31December 2021
		2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Donations		56,361	147,244
Other trading activities
WATBus operating income		284,196	230,026
WATBike operating income		69 036	53,353
		354,032	283,379
Investment income
Deposit account interest			54
Total incoming resources		410,394	430,677
EXPENDITURE
Charitable activities
Employee costs		187,454	156,856
WATBus activities		72,225	61,261
WATBike activities		49,452	45,181
Depreciation		52 475	45,291
		361,606	308,589
Support costs
Management
Rent and other office costs		29,406	15,680
Legal and professional		2,467	6,739
Accountancy and bookkeeping		6,811	4,094
Travel and subsistence		171	243
Advertising and marketing Depreciation oftangible and heritage assets		2,542	3,482 2,765
Bank interest		1,331	7796
		42,728	40 799
Total resources expended		404,334	349,388
Net income		6060	81,289