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|||Page||
|---|---|---|---|
|Chairman's<br>Report||||
|Report ofthe Trustees|2|to|6|
|independent<br>Examiner's<br>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||





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|||||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<br>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<br>funds||||237,431|231,371|
|Restricted<br>funds||||26,130|26 130|
|TOTAL FUNDS||||263,561|257,501|





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||for the|Year En|ded 31Decembe|r 2021|||
|---|---|---|---|---|---|---|
||||||2021|2020|
||||Unrestricted|Restricted|Total|Total|
||||fund|fund|funds|funds|
|||Notes|||||
|INCOME AND ENDOWMENTS FROM|||||||
|Donations<br>and legacies|||56,361||56,361|147,244|
|Other trading activities||2|354,032||354,032|283,379|
|Investment<br>income||3|1||1|54|
|Total|||410,394||410,394|430,677|
|EXPENDITURE ON|||||||
|Charitable<br>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|





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|||||||2021|2020|
|---|---|---|---|---|---|---|---|
||Employees FTE|||||5|5|
||No employees<br>received||emoluments|in excess of560,000.||||
|7.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||fund|fund|funds|
||INCOME AND ENDOWMENTS|||FROM||||
||Donations<br>and legacies||||56,493|90,751|147,244|
||Other trading<br>activities||||283,379||283,379|
||Investment<br>income||||54||54|
||Total||||339,926|90,751|430,677|
||EXPENDITURE ON|||||||
||Charitable<br>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|





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|2.|OTHER TRADING ACTIVITIES|||
|---|---|---|---|
|||2021|2020|
||WATBus operating<br>income|284,196|230,026|
||WATBike operating<br>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)<br>is stated after charging/(crediting);|||
|||2021|2020|
||Depreciation - owned assets|52,475|48,056|



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||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<br>funds|||||
||General<br>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<br>in funds, included|in the above are as follows;||||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
||Unrestricted<br>funds|||||
||General<br>fund||410,394|(404,334)|6,060|
||TOTAL FUNDS||410,394|~404,334)|6,060|





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||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|





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



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||||Net||
|---|---|---|---|---|
||||movement|At|
|||At 1/1/20|in funds|31/12/20|
|Unrestricted<br>funds|||||
|General<br>fund||176,212|55,159|231,371|
|Restricted funds|||||
|Restricted fund|||26,130|26,130|
|TOTAL FUNDS||176,212|81,289|257,501|
|Comparative<br>net movement|in funds, included|in the above are as follows:|||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|Unrestricted<br>funds|||||
|General<br>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|





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||WatBus|||
|---|---|---|---|
||Detailed Statement ofFinancial Activities|||
||for the Year Ended 31December 2021|||
|||2021|2020|
|INCOME AND ENDOWMENTS||||
|Donations<br>and legacies||||
|Donations||56,361|147,244|
|Other trading activities||||
|WATBus operating<br>income||284,196|230,026|
|WATBike operating<br>income||69 036|53,353|
|||354,032|283,379|
|Investment<br>income||||
|Deposit account interest|||54|
|Total incoming<br>resources||410,394|430,677|
|EXPENDITURE||||
|Charitable<br>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<br>and bookkeeping||6,811|4,094|
|Travel and subsistence||171|243|
|Advertising<br>and marketing<br>Depreciation oftangible<br>and heritage assets||2,542|3,482<br>2,765|
|Bank interest||1,331|7796|
|||42,728|40 799|
|Total resources expended||404,334|349,388|
|Net income||6060|81,289|