Charity number: 1078053 Company number: 3857924 COMPAIII ES HOUSE HAMILTON-EDDY&Co 39 Tamworth Road, Croydon. Surrey CRO 1XU Fax 020 8688 5292 Em*il 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 #192 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 rest￿ed 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$ible Transport (A company limit¢d by guarantee) Report of the trustees (incorporating the dirttlors. report) for the year ended 31 Mareh 2022 The tnst¢es present their report and the financial statements for ihe yeat ended 31 March 2022. Struelure. govern#n¢e and management The organisation is a charitable company limiied by guardntee, incorpordted on 13 October 1999 and regI￿ered &$ 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 rep￿1. 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. R￿erVES 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 diT￿tOrS 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 Inappropri￿e 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 resp￿tIVe 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 lo￿1 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 chang￿s 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 Ma￿h 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 pT￿edUreS 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 I￿rnS 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 re￿rt 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 a￿Ounts 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 u￿reStrIcted 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 Tot*1 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 fin*nci81 ststeme#ts. P*gt 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 fina￿la1 s￿eMen 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 fu￿re projects or commithients. Restricted funds are subjecied to restrictions on their expenditure declared by ihe dO￿r or through the tenn5 of an appeal, and fall into one or two sub