Charity number: 1078053 Company number: 3857924 COMPAIII ES HOUSE HAMILTON-EDDY&Co 39 Tamworth Road, Croydon. Surrey CRO 1XU Fax 020 8688 5292 Emil davVJ#hamiknn-adty..uk Croydon Accessible Transport (A eompaDy limited by guarantee) Trustees, report 2nd unaudiied finaneial Statements for the year ended 31 Mairch 2022 •ABBG158A 3010812022 COMPANIES HOUSE
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ICAEW CIi4RTERID 4CCOUNTANTS Iii$tiiute of Charter*l Accountants V•¥8
Croydon Ae¢e$sible Transport (A ¢ompAny limited by gyarant¢e) Contents Page Legal and administrative infonnation Trustees, report C.E.O.'s report Chairnan's report Ind¢pendeni examiners. report Ststernent of financial aaivilies Statement of financial position Notes io the financial smements 111- 16
Croydon Accessible Trnnsport (A Company limited by guarantee) Legal and administrativ¢ inforni2tlOD Cbarity number 1078053 Compatty registrntion number 3857924 Registered otri¢e Cornerstone Ho 14 Willis Road Croydon Surrey CRO 2XX Directors l Trustees Davtd Golder John Churchman David Harris Christopher Thomas rested 08 March 2022 C.E.O. Alan Voda Independent Examiner David Weeden F.C.A. Hamilton-Eddy & Co. Chanered AccountsDts 39 Tamworth Ro¥1 Croydon Surrey CRO IXU Bankers Barclays Bank PIC Croydon Brdnch l North End Croydon CR9 IRN Page I
Croydon Acees$ible Transport (A company limit¢d by guarantee) Report of the trustees (incorporating the dirttlors. report) for the year ended 31 Mareh 2022 The tnst¢es present their report and the financial statements for ihe yeat ended 31 March 2022. Struelure. govern#n¢e and management The organisation is a charitable company limiied by guardntee, incorpordted on 13 October 1999 and regIered &$ a ¢harity on 4 November 1999. The Trustees, who a150 are Ihe Management Committee and Dire¢iors of Croydon Accessible Transport [CAT] for the purposes of company law and who served during the year up to the dale of thi5 report are Shown on page l of thi% report. The Trusiees meei regularly (usually four times per year but more frequently if required) to manage the affair5 of ihE company. The company employs a full time Chief Exe¢wive Offjcer (C.E.O.), who both manage5 the day by day administyaiion of the Chariry. and organise5 fi]nd-Taising iniTiative5. The C.E.O. is SUp)ned by an Operations Manager, 4 whole lime equivalent drivers, 2 pan time admini5trdtLV¢ staff and a vdlicle cleaner. Th¢ trustee5 have complied with the duty in the Charities Aci 2011 to have regard to ihe public benefit guidance published by the Charity Commision. Objectives *nd aetivities The Charitys objeeiive5 and principal activilies are the provision of non-profii community tTansport services in th¢ London Borough of Croydon and its environs. The setvic¢s are provided primarily for lh¢ use of individua15 in specift ne¢d who by reason of age, mental or physical disability or poverty are unable io use or have difficulty in using public trdnsport and for use by charitable organisaiions or for ihe charithble purposes of other voluntary organasations. The company operates minibuses (including specially adapied vehicles) ftir the purposes outlined above and also recruits, trains, certifies and regimers volunteer drivets and assistht)ts. A¢hi¢vements and performance The C.E.O's report and the Chairman's report follow this rep1. Finaneigl review Finonce 202 Ir22 shows a defi¢it for the year of £76.969 (2020r21: deficii £54.099). Genernl fund5 now 5thnd at £228,865. RerVES The directOTS feel that funds to rovtt say 3 month5 operating costs should be mainlained. Ris In todals litigious soctety. the directors feel thai it is imponanL noi only to have the corrett insurance policies in place but also io enswe thai at all limes vehicles are correctly maintained and certificaied and that all of our stsff are alsts COfrTectly trained and cenificated as well for the ro1¢5 they perfomi. Our v¢hicles are regularly inspected to ensuie thai any defects are dealt with quickly and Maff are monitored c105ely to ensure that lh¢ high¢st standards of service are provided to all of our ¢u¥omers_ Page 2
Croydon Accessible Transport (A company limited by guarantee) Report of the tru8le¢5 (Incorporating the directors. report) for the year ended 31 March 2022 Statement of trustees, responsibilities The rwst¢es (who are also diTtOrS of Croydon Accessible Transport for the purpose of company law) are r¢spon5ibl¢ for preparing the Trustee5' Annual Report and the financial 5taiernents In accordance with applicable law and United Kingdom G¢nernlly Accepied A¢couniino Practice. Company law requires the mw¢es to prepare finarKtal statements for eath financial year whi¢h give a true and fair view of the slate of affairs of the ¢hariiable wmpany aThl of the incoming rtsources and applicaiion of resource5, in¢ludin8 th¢ income and exp¢ndtture, of the charitabl¢ company for that period. In preparing rhese finan¢ial sraiefflenty the truste¢s are required to.. sel¢ct 5Ultabl¢ accounting policies and then apply them consistently, observe the rnethods and principles in the Charities SORP- rnake judgements and esiimate5 that reasonable and pnmlent" state whether applicable UK Accounting Stsndardg have been ftillowed. subject to any materi81 departur¢s disclosed and explained in the financial ststements- and prepare the financial statements on the going concern basis unless. li is Inapproprie to presume that the ¢haritabl¢ ¢ompany will continue in operation. The tTU5tees are responsible for keeping proper accounling records which disclose with reasonable accurdcy ai any tirne the finan¢ial position of th¢ charitable company and which enable them to ensure that the financial sratements comply wilh ihe Companies Act 2006. They are a150 responsible for safeguarding ihe assets Of the charitable company and hence for tsking reasonable steps for the preveniion and detection of fraud aTrJ other irregularities. Small eompany provisloll$ This report has been prepared in acwrdaD¢¢ with the special provisions for small companies under Part 15 of the Companie5 A£¢ 2006. This report was approved by th¢ Board on 18 July 2022 and signed on its behalf by= D•vid Golder Director P*ge 3
Croydon Accessible Transport (A company limited by guarantee) C.E.O.'$ report for the year ended 31 March 2022 In April 2021 CAT was op¢Ming a %)rnewhat r¢duced l¢vel of service. Operational staff had not long relurned from either furlough, or reduced working hours to support CA T drtvets providtng seryices io th¢ communiry. BeThveen April and October 2021 service provisiffi remahned relatively minimal with only a small number of services b¢in8 requesied. There were how¢ver signs of change on the horizon. CAT senior Il)¢agemenT had begun talks with anoiher organisation, Harrow Community Tran5POrt (HarnTrw CT) about ihe possibility of working jointly io safeguard the future of CAT. In addition. the volume of WOTk CAT was carrying was gently growin& The need for CA T services blossoming as member organiwions began moving out of fvrlough and Tnaking a return io providing their s¢rvi¢es. supported by CAT. CAT and Harrow CT have wotked cooperatively for many years, for example. with Haryow utilising Surplus CAT vehicles. The operational and administrative systems of ihe No organis81ion5 are very similar and so a great synerJ exists between the No. The community transport eihos of helping and 5upw)ning ihose in need are also well aligned. with both organisations providing similar services in their resptIVe boroughs. At th¢ start of the new year CAT making headwdy in its plan5 to join with Harrow CT. CAT and Harrow CT plan to come together in 2022 in whai is known as a'change of conirol.. This would see Harrow CT welcomed onro the management board of CAT. CAT have engaged a legal team from lo1 solicitors Streeter Marshall and begun io take the administrative sieps required io ¢r¢ate the new legal entity. The goal in developing the new arrangement is to et)sure thai CAT can continue to provide much needed 5ervic¢s to the people of Croydon. as it has for almost 25 years. A significant change at CAT was to the role of CAT CEO. Rob Macchi had been ID the role since 2007 and was made redundant at the end of March 2022. Rob had oversttn many changs ai CAT and will be missed by his colleague5 and friends in the CT sector. Overall. CAT service provision continued to sieadily increase and toward the end of 2021 CAT recruiied three Drivers. Despite no MiDAS training being delivered in January and February, (due io CATS commitment supporttng comrnunity services with driver provision) driver training requests continued to be strong from Mah onward. A150, in Ihe fjrsi quarter of 2022. passenger number5 grew by more ihan IPh to well over 1100 pas5¢nger5 transported per monih. Thus. demonstyaiing a promising outlook for the rest of 2022_ Seeing a return to CAT in May 2022 is acting CEO Alan Vthla. A5 Director of Harrow CT, I shall be working with ' boih organisation5 as part of the management ream. supporting and developing 8rowth and d¢veloprn¢nt of the new joint venture. I have a stroft& enihusiasiic and opiimistic view ihar CAT has a long and Su¢S5fUl fvture supporting those in need in Croydon. I look forward to Working with everyone in 2022 and beyond. Alan Voda C.E.O. 18 July 2022 P*gt 4
Croydon Aceessible Traosport (A company limited by guarantee) Chairman's report for the year ended 31 March 2022 As with $0 many businesses. organisaiions and charities, th¢ financial year 202112022 continued io be a challenge io recover fvom ihe impact of Covid-19. We made a loss of £76.969. Consequenily, rather than cease tradin& we decided io pursue a "merger" with Harrow Community Transport I'HCT") with whom we had previously enjoyed good r¢lation$. Croydon Accessible Transport will not lose its identity but will be ]OI1Cd by Hcr. For the time being at l¢a5t, Chrisiopher Thornas, David Harris and David Golder will continue as Trustees for the purposes of smooth continuity. During the negotiaiions, John Churchman resigned as a Twst¢e and we thank hÈm for his valuable conrributions over ihe years. Rob Macchi retired as CEO after many years st¢ering CAT splendidly through its gwj times and its bad times. The Chair wishes and ex*nds lo Rob all b¢st wishes for a long and happy retirement. Christopher Thomas Chairnia• Page 5
Croydon A¢eessAble Transport (A eompany limited by guarantee) Independent examiner's report to the trustees on the unaudited finaneial statements of Croydon Accessible TraDSPOrt. I report on the accounts of Croydon Accessible Transport for the year ended 31 March 2022 sel out on pages 2 to 16. Respective respon$ibiliti¢s of trustees attd independent examiner The chariws trustees {who are 8150 Ihe directOTS of ihe company for purposes of company law) are responsible for ih¢ preparation of the accounts. The twstees consider that an audit 15 not required frir this year under seciion 144(2) of the Charities Aci 2011{th¢ Aci) and that an independent examination 15 Theedcd. The charity is required by company law to prepare atcrued accounts and l am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountanis in England and Wales. Having satisfied myself ihat the chariry is not subject to audit under company law and is eligible for independent examination, il is my responsibtlity to examine the accounts under section 145 of the A¢t: to follow the pTedUreS laid dowD in the generdl Dir¢¢tion5 given by the Charity Commission under section 145(5Xb) of the A¢i- and io mte whether particular mauers have rne to my attention. Basis of independent examiner's ststtmenl My exaTninathon w&% carried out in accordance with the general Directions giwen by the Charity Commissron. An ¢xamination includes a review of ihe #¢¢ounting records k¢pt by the charity and a comparison of the accounts presented wilh those records. It also includes consideration of any unusual IrnS or disclosures in the accounts. and seeking explanation5 from you as m15tees concerning any such matters. The procedures undertaken do noi provide all ihe evidence that would be required in an audit and ¢on5equently no opinion is 8iven as io wheiher the xcounis present a true and frdir view and the rert is limited to those matter5 set out in the s¢atemeni below. Independent examiner's $txtemtAt In ¢onnection with my examination, no matter come to my attention= (i) which gives me reasonable caL¢se to believe that in any material r¢spett the requirements.. to keep proper a¢¢ounting r¢cords in ac£ordance with section 386 of the Companies Act 2006. and to prepare accounts which accord with the accountrng retords, cornply with the accounting requirements of section 396 of the Companies Act 2006 and wilh the meihods and principles of the S(atem¢nt of Recommended Practice.. Accounting and Reporting by Charilies have not been meL or (li) io which. in my opinion. atteniion should be drawn in order to enabl¢ a proper und¢rstanding of the aOunts to b¢ reached. David WeedeD F.C.A. Independent examiner Hamilton-Eddy & Co. Chartered Accounianis 39 Tamworth Road Croydon CRO IXU Date: 18 July 2022 P*ge 6
Croydon Accessible Transport (A comp¥ny limited by guarantee) Statement of financial activities (incorporating the income And expenditure account) For the year ended 31 March 2022 ureStrIcted funds 2022 Tol&l 2021 Totsl No1¢5 Incoming resources Incorning resources from generating funds-. Voluntary income Activities for generating funds Jnve5tment income 21,448 133,734 39 21.448 133,734 39 55.770 196 To¢AI incoming resour¢es 155,221 155.221 155.497 Resourees expended Chariiable activities Govetnance costs 224,700 7,490 224,700 7.490 202,756 6,840 Totsl r¢sour¢¢s expended 232,190 232,-190 209.596 Net incomingl(ou¢going) resourtts ror the year (76.969) (76.969) {54,099) Total fvnds brought forward 305.834 305,834 359,933 Total funds carried forward 228.865 228,865 305,834 The notes om page5 10 to 16 form an integT*I part of these finaDcial statements. Page 7
Croydon Aetessible Transport (A company liJnit¢d by guarantee) Statement of fiDan¢ial position as at 31 March 2022 2022 2021 Not Fixed assets Tangible assets Current #ssets Debiors Cash at bank and in hand 13 49.627 63.283 14 29,927 154.206 42,728 224.403 184.533 267,131 Creditors: AmouDts falling due within one year 15 (4,895) (24,580) Nel eurreDt assets 179.238 242,551 Net assets 228.865 305.834 Funds Unrestricted incorne funds 16 228.865 305.834 Tot1 funds 228,865 305,834 Th¢ Swetnent of financial position continues on the following page. Th¢ notes on pages 10 to 16 form n integrnl part of these finnci81 ststeme#ts. Pgt 8
Croydon Ae¢¢ssibl¢ Transport (A company limited by guarantee) Statement of financial position (CODtinued) Trustees statements required by tbe Companies Act 2(K16 for the year ended 31 Mareh 2022 In approving these financial statements as trustees of the company we hereby wnfiTm'. {a) that for the year stated above the company was entitkd to the exernption conferred by sectkon 477 of the Companie5 Aci 2006 - (b) that no notice h&% been deposited ai.the registered office of the company pursuant lo s¢ction 476 of the Companies Act 2006 rryuesting that an audit be conducted for the year ended 31 March 2022. Ic) thai the director5 acknowledge iheir responsibiliiies for cornplying with the requiternents of th¢ Ad wrth r¢spect ro the accounting records and the preparation of finala1 seMen These financial statements have been prepared tn actordance with the provisions applicable to companies subject to the small compani¢5' regime and in accordance with FRS 102 ' The Financial Reporting Standard applicable in the UK and Republic of Ireland. The finan al 51atements were approved by the board on 18 July 2022 and signed on lis behalf by.. David Golder Dir¢¢tor Christopher Thomas Director Cornpany nutNber: 3857924 The notes on pages 10 to 16 form i•tegral prt of th¢R fiA*ncial stat¢me#ts. Page9
Croydon Accessible Transport (A company limited by guarantee) Notes to financi#l statements for the year ¢Dded 31 Mareh 2022 General Infomation The ¢QTnpany is a private company, limited by guaranlee, registered in England. The address of the r¢gisiered office is Cornerstorte House. 14 Willis Road. Croydon. Surrey, CRO 2XX_ Si¢emeDt ofeomplianee These financial statements have been prepared in compliance with the provisions of FRS 102. Section IA: The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Accounting policies The principal a¢couniing policies are summarised b¢k>w. The a¢counting policies have been applied consi5tenily throughout the year and ihe preceding year. Basis of accounting The financial statements have been prepared under the hisiorital cosi basis. The financial ststements are prepared in Sterling. which is the funuional ¢urrency of the entity. Going concern - There are no material uncertainlies thlui ihe ¢lwitYs ability to continue. Fund Ac¢ounting Unrestricted ndS are available for use ai the discretion of the mistees to fvrther any of the charity's purposes. Designaied fvnds are unrestricted fvnds eannarked by the tnjsiees for particular fure projects or commithients. Restricted funds are subjecied to restrictions on their expenditure declared by ihe dOr or through the tenn5 of an appeal, and fall into one or two sub<lasses.' restricted income funds or endowmeni fvnds. 3.2. Incoming resources All incoming resources are included in the sthiemeni of financial aclivities when the charity is ¢niitl¢d io the income and the amount can be quantified wilh reasonable accuracy. The following specific policies are applied io panicular Categori of income.. Voluntary income is received by way of grants. donaiion5 and gifts and 15 included fi]11 in the statement of financial activiiies when receiwable. Grants where entitlemeni is noi condiiional on the d¢liv¢ry of a specific rformance by the charity. are recognised wkn the charity becomes unconditionally entitled to the grant. Donated services and facilities are included ai ihe value io the charity where this be quantified. The Yalue of services provided by Yolunieers has not been included. GTants, including grants for the purchase of red a55ets, are re¢ognised in full the stsiernent of financial activities in the year in which they are re1Vable. In 2009 rhis policy wa5 changed relating to granis for the purchase of fixd assets - thes¢ are now treated as deferred incorn¢ and releawl at ihe same rate as the asset 15 being depreciaied. Income from invesknenis is included in the year in which it is receivabl¢. Pge 10
Croydon Ac¢e$8ible Transport (A Company limited by guarantee) Notes to financiAI statements for the year ended 31 Mareh 2022 3.3. Resources expended Expenditure is recogni5¢d on an awuals basis as a liability is incurred. Expendittwe includes any VAT which cannot be ]lY recovered. and is reported a5 part of the exp¢nditurr to whhch it r¢lates. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for it5 beneficiaries. It includes boih costs that can be allocated directly to such activiti¢$ and those costs of an indtrect nature necessary to 5UPPOrt them. 3.4. Tangible fixed assets nd deprecition Tangible flxed assets stated at cost1¢5s accuTnulated depre¢iarion. Depreciaiiort is provid¢d at rates ltu11ed to WTite off the cost le55 residual value of each assd over its expec¢ed usefvl life. as follows.. Fixlures. fittin85 and equipment ovcr 5 years srTaighi line Moior vehi¢les- new over 8 years straight line Moior Y¢hicles- 2nd hand over 2 years straight line Motor Cars over 5 years straight line Tangible fixed assets cosiing kss than £750 are WTitten off on acquisition. 3.5. Defined eontribution pensiom sehemes The pension cosis charged in the finaneial ststements r¢present the ¢ontrkbuiion payable by the charity during th¢ year. Voluntary income Unrestricted funds 2022 Total 2021 Total Donations Grants- London Borough ofcroydon Grant5 - BSOG HMRC - Employmeni Allowance HMRC- CJRS 200 200 18,946 4,628 4,000 71,957 4.408 4.000 12,840 4.408 4,000 12,840 21,448 21,448 99,53 1 Pagell
Croydon Actessible TrnDsport (A Company limited by gmarantee) Not¢s to finaDeial $tatem¢nts for the year ended 31 March 2022 Activities for generaling funds Unrestri¢ted funds 2022 Total 2021 Tot&1 Group Transport Driver Training Driver Service Mernbership Subscriptions Contract Hire Profit on disposal of fixed 055¢ts 64,659 10,363 53,782 820 3.770 340 64,659 10.363 53,782 820 3,770 340 30,893 .335 23,422 120 133.734 133,734 55,770 Investmenl income Unre5trieted funds 2022 Total 2021 To¢•1 Bank interesi e1vable 39 39 196 39 39 196 Pa%¢ 12
Croydon A¢cessible Tran$port (A compYdDy limited by guaran1¢¢) Notes to financial statements for the year ended 31 Marcb 2022 Costs of ebaritabk activilies URre51ricted funds 2022 Total 2021 Total Salaries and Wages Redundancy Costs Employels NIC Staff - Pension Cosis Office Rent Insufdnce General Expenses Vehicle Running Costs Equipment hire, renewal & support Travel & Subsistenc¢ Professional Fees PaJToll Administration Training Telephone Printing & Stationery Depreciation Sub%ripiions 110.804 16.123 8,925 2.697 9,240 2.479 247 47,625 1.177 3,026 5,802 616 255 1228 960 13.496 110,804 16,123 ,925 2.697 9,240 2.479 247 47,625 1,177 3.026 5.802 616 255 1228 960 13,496 117.591 14,651 8,128 3,192 9,240 2.593 240 30,579 348 525 3,375 655 1,764 227 9,340 308 224.700 224.700 202.756 Governanct Costs UnTtricted funds 2022 Total 2021 Total Salaries Employerfs NIC Indepermlent ExamineF fees 5,000 690 1.800 5.000 690 1,800 5.000 690 1.150 7,490 7,490 6,840 Net ou¢golng resources for ihe year 2022 2021 Depreciation and other amounts ]tten off tangible fixed assets Ind¢p¢ndent Examin¢rf5 rernun¢ralion Independenr Examination of ihe aOTrts Cenificaiion of B.S.O.G. claims and after crediting: Profit on di5P05al of tangibk fixed assets 13,496 9,340 1,200 600 760 390 340 PaE¢ 13
Croydon Accessible Transport (A eompaDy limited by guarantee) Notes to financial 5tatementS for the year ended 31 March 2022 io. Employees Employment costs 2022 2021 Wa8es and salaries Redundancies Social security costs Pension costs 115,804 16,123 9,615 2,697 122.591 14.651 8,818 3.192 144,239 149.252 No ¢mployee received emoluments of rnore than £60,0 (2021 .. None). Number of employe¢s The average monthly numbers of employees (including the truscees) during the year was as follows: 2022 Nurnber 2021 Number Paid Drivers Management and administration ii. Pensiott ¢osts The company operates a defined contribution pension scheme in respect of workplace pensions. The stheme and its assets are held by independent managers. The pension charge represenr5 contributions due from the company and was as follows- 2022 2021 Pension charge 2,697 3,192 12. Taxation The Charity's adivities fall within the exemptions afforded by the provisions of the Income and Cotpordtion Taxes Aci 1988. Accordingly. there is no tsxaiion charge in these accounts. P*8e 14
roydon Accessible Transport {A company limited by gurnnlee) Notes to fin4ncial Staitements for the year ended 31 Marcb 2022 Fixture4 rjttings nd equiptnent 13. Tangibk fixed Assets Motor vehicles Total Cost Ai l April 2021 Disposals 22.165 (800) 166.012 188,177 (800) 187.377 Ai 31 March 2022 21.365 166,012 Depreciation At l April 2021 Charge for rhe year On disposals 20,278 104.616 12,332 124,894 13.496 {640) (640) At 3 1 MaTch 2022 20,802 116,948 137.750 Net book v4lues At 31 March 2022 563 49,064 49,627 At 31 March 2021 1,887 61.396 63.283 14. Debtors 2(122 2021 Trade debtors PrepayTnents and Arxrued Income Other debtors 6.475 21.617 1,835 14,571 27,545 612 29.927 42.728 JS. Creditors: *mounts falling due witbin one year 2022 2021 Trade creditors Accruals 3,295 23,080 4,895 24.580 Paze 15
Croydon Accessibl¢ Transport (A company limited by guarantee) Notes to financial statemeDts for tbe year ended 31 Mareh 2022 16. Analysis of net assets betwetn ffjnds Unrutrieted funds Total funds Fund balan$ at 3 1 March 2022 as represenied by: Tangible fixed as5tts cLTellt sets Curr¢ni liabilitie5 49.627 184.133 {4,895) 49,627 184,133 (4,895) 228.865 228.865 17. UnTestricted funds At l April ID¢omiDg Oulgoing 2021 At 31 March 2022 General Fund 305.834 155.381 {232.350) 228,865 305.834 155,381 (232.3501 228,865 Purposes of.unre5tri¢ted funds The General Fund provides for the provision of head office services. 18. Company limited by guaraDttt Croydon Accessible Transport is a company limited by guaran and accordingly does ]KTrt have a Share capital. Every mernber of the company undertakes io contribute such amouni as may be required not exr¢eding £1 lo the assets of the charitsble"company in the event of its being wound up while he or she is a member, or within one year after he or she ¢eases io be a member. P*g¢ 16