```
REGISTERED COMPANY NUMBER: 03898093 (England and Wales)
REGISTERED CHARITY NUMBER: 1079421
```
## **`REPORT OF THE TRUSTEES AND`**
```
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
```
## **`FOR`**
## **`RYE & DISTRICT COMMUNITY TRANSPORT`**
```
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021`**
||**`Page`**|**`Page`**|**`Page`**|
|---|---|---|---|
|**`Report of the Trustees`**|`1`|`to`|`3`|
|**`Independent Examiner's Report`**||`4`||
|**`Statement of Financial Activities`**||`5`||
|**`Balance Sheet`**||`6`||
|**`Notes to the Financial Statements`**|`7`|`to`|`13`|
|**`Detailed Statement of Financial Activities`**|`14`|`to`|`15`|
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`**
```
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2021.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
```
```
Thefinancialstatementshavebeenpreparedinaccordancewiththeaccountingpoliciessetoutin notes
totheaccountsandcomplywiththecharity'sgoverningdocument,theCharitiesAct2011 and
AccountingandReportingbyCharities:StatementofRecommendedPracticeapplicableto charities
preparingtheiraccountsinaccordancewiththeFinancialReportingStandardforSmaller Entities
published on 16 July 2014.
```
## **`OBJECTIVES AND ACTIVITIES`**
## **`Objectives and aims`**
```
TheobjectivesoftheCharityaretoprovideandmaintainnon-profitcommunitytransportservicesand to
assistthecharitableworkofotherorganisationsprovidingrelieftotheinhabitantsofRyeanddistrict who
areinneedbecauseofage,mentalorphysicaldisabilityorotherwise.ThefocusoftheCharity's activities
must always be public benefit - the Charity's strength is entirely due to its position within the community.
```
```
The trustees have regard to the Charity Commissions guidance on public benefit.
```
## **`ACHIEVEMENT AND PERFORMANCE`**
## **`Charitable activities`**
```
DespitetheeffectsofCOVID19,TheRDCTcontinuestodeliveritscoreservicestothecommunityin an
efficientandcosteffectivemannerunderSection19and22Permits,exclusivelyfor non-commercial
purposesinsupportofitsObjectivesandits326communitybusservice(Section22Permit).In normal
timesitprovidestransportformorethanhalftheprimaryschoolsintheRyeareatoswimming lessons
andotheracademicandsportingactivitieswhile3busesdeliverstudentstoandfromHomewood School
inTenterden.TheDial-a-Rideservicehelpstotransporttheelderlyandinfirmtoattendclinicsat Rye
Hospitalandmedicalappointments,goshopping,andattendclubmeetingsanddaycentres.With the
openingin2021oftheHubontheHill(partofRyeHospital)thebusserviceisvitalintransporting users
of its facilities.
```
```
Page 1
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`**
## **`FINANCIAL REVIEW`**
## **`Financial review`**
```
TheinitialeffectsofCovid-19wereverydramatic-Schooltransportstoppedafter20thMarchwhile the
326servicewaspausedaweeklateranddidnotresumeuntilourmaintenanceproviderreopened its
workshops.HowevertheCompanycontinuedtooperatetheDial-a-Rideservicethroughout,but with
fewer passengers who were mainly going for medical appointments
```
```
Therewerealsosomeotherunusualjobsincludingtakingseveralanimalsforvettreatment!We also
worked on food deliveries with the Rye Food Bank and with Rye Mutual Aid.
```
```
Throughthesummerpassengernumbersonthe326servicebegantoimproveandafewgroups went
out,andhometoschooltransportrestartedwiththenewacademicyearinSeptember.Apartfrom group
transportallourservicescontinuedthroughthesecondlockdown,however,schoolswereclosed again
from January until March 2021.
```
```
ConsiderableexpenditurewasmadeonPPEandsanitizersandtoadaptthebusestoensure passengers'
protection.ForthiswereceivedgrantsfromSussexCommunityFoundation'sCrisisFund(whichpaid for
PPE/additionaldriverhours/busmodifications)andLittleCheyneWindFarmFund(tohelpcoverfares for
childrenonourhometoschooltransport)plusextrafundingfromtheRyeFund(tosupportthe 326
service) There were also many very generous and welcome donations which helped fill the income gap.
```
```
The Company also took advantage of the Government's Job Retention Scheme for its part time drivers.
```
```
FromJanuary2021weworkedwithourlocalGPsurgeriesprovidingtransportto/fromtheRural Rother
VaccinationCentreatEtchingham.Thiswasafreetopassengersservicewhichwashugelysuccessful and
muchvaluedbythemanypeoplebeingtransported.ThisenabledRuralRothertoreachthetargetof the
top 4 cohorts jabbed by 13th February (25 days after the start, we took 251 people).
```
```
Asrestrictionseasedmorepassengersreturnedtoourservices:the326currentlycarries60%of the
passengersthatitdidinthesameperiodin2019(slowlyincreasing)andourhometoschooltransport is
fully taken up. Fortunately the concessionary fare rebate and BSOG have been continued at 2019 levels.
```
```
TheCompanycontinuestoensurethatsuitablemeasuresarebeingtakentoprotectitspassengers and
drivers whilst the pandemic persists.
```
```
UndertheleadershipoftheOperationsManager,theCompanyisproudtohavebeenabletoassist so
positivelywiththeCommunity'seffortstoovercomethechallengesofthepandemic.Alongwith the
manycustomers,theTrusteeswouldliketothankherforhercontinuingandunstintingcommitment to
theBusCompany,andwearealsoindebtedforthehardworkoftheemployeesandallthe volunteers
who do so much to ensure we continued to provide a much valued service.
```
```
Despitethisexceptionalyear,theTrusteesarepleasedtoreportatradingsurplusbeforedepreciation of
some £23,000.
```
## **`Reserves policy`**
```
PartoftheconsiderablesurplusfromtheSection106moniesawardedin2019forthepurchaseof the
newbusforthe326serviceisring-fencedforrunningcostsoverthenext3yearsandcannot be
regardedasareserve.However,notingtheongoingfundingneeds,theCharityisawareoftheneed to
build up reserves and considers that £20,000 would be a prudent figure.
```
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document`**
```
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
```
## **`Recruitment and appointment of new trustees`**
```
Trusteesarerecruitedandappointedfrommembersofthelocalcommunitywhowishtoassist the
charity.
```
```
Page 2
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021`**
## **`STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management`**
```
TheTrusteescontinuetoworktoensurethatriskstowhichthecharityisexposedareidentifiedand dealt
with appropriately, with particular regard to fraud and error and the safety of passengers and drivers.
```
## **`REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number`**
```
03898093 (England and Wales)
```
## **`Registered Charity number`**
```
1079421
```
```
Registered office
Rye Wharf
Harbour Road
Rye Harbour
Rye
East Sussex
TN31 7TE
```
## **`Trustees`**
```
M J Miller
B M Nealon
Mrs K A Sims (resigned 6/4/2020)
I J Foster
```
```
Nodirectorhasanybeneficialinterestinthecharitablecompany.Alldirectorsare appointed
representativesofmemberorganisationswhohaveguaranteedtocontribute£1intheeventof a
winding up. The number of guarantees at 31 March 2021 was 25.
```
## **`Company Secretary`**
```
I J Foster
```
## **`Independent Examiner`**
```
Miss S L Whiting
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act
2006 relating to small companies.
```
```
Approved by order of the board of trustees on 17 November 2021 and signed on its behalf by:
```
```
B M Nealon - Trustee
```
```
Page 3
```
```
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`Independent examiner's report to the trustees of Rye & District Community Transport ('the Company')`**
```
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2021.
```
## **`Responsibilities and basis of report`**
```
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw)you are
responsibleforthepreparationoftheaccountsinaccordancewiththerequirementsoftheCompanies Act
2006 ('the 2006 Act').
```
```
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunderPart16 of
the2006Actandareeligibleforindependentexamination,Ireportinrespectofmyexaminationof your
charity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act').In carrying
outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionundersection 145(5)
(b) of the 2011 Act.
```
## **`Independent examiner's statement`**
```
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattentionin connection
with the examination giving me cause to believe:
```
`1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or`
`2. the accounts do not accord with those records; or`
`3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or`
`4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).`
```
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexaminationto which
attentionshouldbedrawninthisreportinordertoenableaproperunderstandingoftheaccountsto be
reached.
```
```
Miss S L Whiting
Gibbons Mannington & Phipps LLP
Chartered Accountants
82 High Street
Tenterden
Kent
TN30 6JG
```
```
2 December 2021
```
```
Page 4
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2021`**
|`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`47,265`**
**`Charitable activities`**
`Operation of bus service`
**`53,694`**
`Other trading activities`
`3`
**`5,038`**
`Investment income`
`4`
**`22`**
**`Total`**
**`106,019`**
**`EXPENDITURE ON`**
`Raising funds`
**`2,350`**
**`Charitable activities`**
`Operation of bus service`
**`81,708`**
**`Total`**
**`84,058`**
**`NET INCOME/(EXPENDITURE)`**
**`21,961`**
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
**`14,876`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`36,837`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`7,043`**
**`7,043`**
**`(7,043)`**
**`28,596`**
**`21,553`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`47,265`**
**`53,694`**
**`5,038`**
**`22`**
**`106,019`**
**`2,350`**
**`88,751`**
**`91,101`**
**`14,918`**
**`43,472`**
**`58,390`**|`2020`
`Total`
`funds`
_`£`_
`69,862`
`79,796`
`6,219`
`5`|
|---|---|---|---|
||||`155,882`
`2,400`
`120,866`|
||||`123,266`|
||||`32,616`
`10,856`|
||||`43,472`|
```
The notes form part of these financial statements
```
```
Page 5
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`BALANCE SHEET 31 MARCH 2021`**
|`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`7,046`**
**`20,823`**
**`CURRENT ASSETS`**
`Debtors`
`11`
**`3,025`**
**`83`**
`Cash at bank and in hand`
**`33,267`**
**`15,271`**
**`36,292`**
**`15,354`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(6,501)`**
**`(14,624)`**
**`NET CURRENT ASSETS`**
**`29,791`**
**`730`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`36,837`**
**`21,553`**
**`NET ASSETS`**
**`36,837`**
**`21,553`**
**`FUNDS`**
`13`
`Unrestricted funds:`
`General fund`
`Restricted funds`
**`TOTAL FUNDS`**|**`2021`**
**`Total`**
**`funds`**
**`£`**
**`27,869`**
**`3,108`**
**`48,538`**
**`51,646`**
**`(21,125)`**
**`30,521`**
**`58,390`**
**`58,390`**
**`36,837`**
**`21,553`**
**`58,390`**|_`2020`_
_`Total`_
_`funds`_
_`£`_
_`37,129`_
_`3,795`_
_`30,846`_
_`34,641`_
_`(28,298)`_
_`6,343`_
_`43,472`_
_`43,472`_
`14,876`
`28,596`
`43,472`|
|---|---|---|
```
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006
for the year ended 31 March 2021.
```
```
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year
ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
```
```
The trustees acknowledge their responsibilities for
```
- `(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and`
- `(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.`
```
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicableto charitable
companies subject to the small companies regime.
```
```
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
17 November 2021 and were signed on its behalf by:
```
```
B M Nealon - Trustee
```
```
The notes form part of these financial statements
```
```
Page 6
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
```
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
```
## **`1. STATUTORY INFORMATION`**
```
Rye&DistrictCommunityTransportisaprivatecharitablecompanylimitedby guarantee,
registeredinEnglandandWales.Thecompany'sregisterednumberandregisteredoffice address
can be found in the reference and administrative details in the Report of the Trustees.
```
## **`2. ACCOUNTING POLICIES`**
## **`Basis of preparing the financial statements`**
```
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accountingand Reporting
byCharities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheir accounts
inaccordancewiththeFinancialReportingStandardapplicableintheUKandRepublicof Ireland
(FRS102)(effective1January2019)',FinancialReportingStandard102'TheFinancial Reporting
StandardapplicableintheUKandRepublicofIreland'andtheCompaniesAct2006.The financial
statements have been prepared under the historical cost convention.
```
## **`Income`**
```
AllincomeisrecognisedintheStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
```
## **`Expenditure`**
```
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomicbenefits will
berequiredinsettlementandtheamountoftheobligationcanbemeasuredreliably. Expenditure
isaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregate all
costrelatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadings they
have been allocated to activities on a basis consistent with the use of resources.
```
## **`Government grants`**
```
Government grants are recognised and accounted for under the performance model.
```
```
Grantsthatdonotspecifyanyfutureperformance-relatedconditionsarerecordedwhenthe grant
proceedsarereceivedorreceivable.Anygrantthatimposesspecifiedfuture performance-related
conditionsisrecognisedonlywhentheperformance-relatedconditionsaremet.Grants received
before the revenue recognition criteria are satisfied are recognised as a liability.
```
## **`Tangible fixed assets`**
```
Fixedassetsarerecordedatcostor,incaseswherefixedassetshavebeendonatedtothe Charity,
at valuation at the time of acquisition.
```
```
Depreciationiscalculatedsoastowriteoffthecostofanasset,lessitsestimatedresidual value,
over the useful economic life of that asset as follows:
```
```
Office equipment 20% on written down value
Motor vehicles 25% on written down value
```
## **`Taxation`**
```
The charity is exempt from corporation tax on its charitable activities.
```
## **`Fund accounting`**
```
Asalltheactivitiesofthecharityarewithinitsprimaryobjectivetoprovidenon-profit community
transportservices,ithasnotbeenconsiderednecessarytodesignateanyfundsorshowany funds
as restricted.
```
```
Wherefundsarereceivedforasignificantandspecificprojecttheseareallocatedto restricted
funds.
```
## **`Donated services`**
```
Donated services are included at a value equivalent to market value at the date of donation.
```
```
continued...
```
```
Page 7
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`2. ACCOUNTING POLICIES - continued`**
## **`Debtors and creditors`**
```
Debtorsandcreditorsarerecognisedattheirsettlementamountafterallowingforany trade
discounts.
```
```
Creditorsarerecognisedwherethecharityhasapresentobligationresultingfromapast event
thatwillprobablyresultinthetransferoffundstoathirdpartyandtheamountduetosettle the
obligation can be measured or estimated reliably.
```
## **`3. OTHER TRADING ACTIVITIES`**
|**`OTHER TRADING ACTIVITIES`**|||||
|---|---|---|---|---|
||||**`2021`**|_`2020`_|
||||**`£`**|_`£`_|
|`Fundraising events`|||**`-`**|_`1,416`_|
|`Social lotteries`|||**`5,038`**|_`4,803`_|
||||**`5,038`**|_`6,219`_|
|**`INVESTMENT INCOME`**|||||
||||**`2021`**|_`2020`_|
||||**`£`**|_`£`_|
|`Deposit account interest`|||**`22`**|_`5`_|
|**`SUPPORT COSTS`**|||||
||||`Governance`||
||`Management`|`Finance`|`costs`|`Totals`|
||`£`|`£`|`£`|`£`|
|`Operation of bus service`|**`17,160`**|**`69`**|**`1,335`**|**`18,564`**|
## **`4. INVESTMENT INCOME`**
## **`5. SUPPORT COSTS`**
```
Support costs, included in the above, are as follows:
```
## **`Governance costs`**
|**`Governance costs`**|||
|---|---|---|
||**`2021`**|_`2020`_|
||`Operation`||
||`of bus`|`Total`|
||`service`|`activities`|
||**`£`**|_`£`_|
|`Independent examination`|**`1,130`**|**_`1,140`_**|
|`Accountancy fees`|**`205`**|**_`555`_**|
||**`1,335`**|**_`1,695`_**|
|**`NET INCOME/(EXPENDITURE)`**|||
|`Net income/(expenditure) is stated after charging/(crediting):`|||
||**`2021`**|_`2020`_|
||**`£`**|_`£`_|
|`Depreciation - owned assets`|**`9,260`**|_`12,339`_|
|`Surplus on disposal of fixed assets`|**`-`**|_`(1,516)`_|
## **`6. NET INCOME/(EXPENDITURE)`**
```
continued...
```
```
Page 8
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
```
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2021
```
## **`7. TRUSTEES' REMUNERATION AND BENEFITS`**
```
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for
the year ended 31 March 2020.
```
## **`Trustees' expenses`**
```
Therewerenotrustees'expensespaidfortheyearended31March2021norfortheyear ended
31 March 2020.
```
## **`8. STAFF COSTS`**
|**`STAFF COSTS`**|||
|---|---|---|
|`Wages and salaries`|**`2021`**
**`£`**
**`43,700`**
**`43,700`**|_`2020`_
_`£`_
_`51,693`_|
|||_`51,693`_|
```
The average monthly number of employees during the year was as follows:
```
|`Drivers`
`Administration`|**`2021`**
**`2`**
**`1`**
**`3`**|_`2020`_
_`3`_
_`1`_|
|---|---|---|
|||_`4`_|
```
No employees received emoluments in excess of £60,000.
```
```
Therewerenohigherpaidstafffortheyearended31March2021norfortheyear ended
31 March 2020.
```
## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`**
|`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`30,515`
**`Charitable activities`**
`Operation of bus service`
`79,796`
`Other trading activities`
`6,219`
`Investment income`
`5`
**`Total`**
`116,535`
**`EXPENDITURE ON`**
`Raising funds`
`2,400`
**`Charitable activities`**
`Operation of bus service`
`111,677`
**`Total`**
`114,077`
**`NET INCOME`**
`2,458`
**`Transfers between funds`**
`3,495`|`Restricted`
`funds`
`£`
`39,347`
`-`
`-`
`-`
`39,347`
`-`
`9,189`
`9,189`
`30,158`
`(3,495)`|`Total`
`funds`
_`£`_
`69,862`
`79,796`
`6,219`
`5`|
|---|---|---|
|||`155,882`
`2,400`
`120,866`|
|||`123,266`|
|||`32,616`
`-`|
```
continued...
```
```
Page 9
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
|**`9.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued`**
`Unrestricted`
`Restricted`
`fund`
`funds`
`£`
`£`
**`Net movement in funds`**
`5,953`
`26,663`
**`RECONCILIATION OF FUNDS`**
**`Total funds brought forward`**
`8,923`
`1,933`
**`TOTAL FUNDS CARRIED FORWARD`**
`14,876`
`28,596`
**`10.`**
**`TANGIBLE FIXED ASSETS`**
`Office`
`Motor`
`equipment`
`vehicles`
`£`
`£`
**`COST`**
`At 1 April 2020 and 31 March 2021`
**`1,589`**
**`63,368`**
**`DEPRECIATION`**
`At 1 April 2020`
**`1,148`**
**`26,680`**
`Charge for year`
**`88`**
**`9,172`**
`At 31 March 2021`
**`1,236`**
**`35,852`**
**`NET BOOK VALUE`**
`At 31 March 2021`
**`353`**
**`27,516`**
`At 31 March 2020`
_`441`_
_`36,688`_
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
**`2021`**
**`£`**
`Trade debtors`
**`20`**
`Other debtors`
**`1,662`**
`Prepayments`
**`1,426`**
**`3,108`**|`Total`
`funds`
_`£`_|
|---|---|
||`32,616`
`10,856`|
||`43,472`|
||`Totals`
`£`
**`64,957`**
**`27,828`**
**`9,260`**
**`37,088`**
**`27,869`**
_`37,129`_
_`2020`_
_`£`_
_`365`_
_`2,243`_
_`1,187`_
_`3,795`_|
|||
```
continued...
```
```
Page 10
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
|**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**|||
|---|---|---|
|`Social security and other taxes`
`Other creditors`
`Deferred income`|**`2021`**
**`£`**
**`508`**
**`5,995`**
**`14,622`**
**`21,125`**|_`2020`_
_`£`_
_`508`_
_`5,857`_
_`21,933`_|
|||_`28,298`_|
## **`13. MOVEMENT IN FUNDS`**
|**`MOVEMENT IN FUNDS`**||||
|---|---|---|---|
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`20/20`
`Bus Fund`
**`TOTAL FUNDS`**|`At 1/4/20`
`£`
**`14,876`**
**`1,546`**
**`27,050`**
**`28,596`**
**`43,472`**|`Net`
`movement`
`in funds`
`£`
**`21,961`**
**`(483)`**
**`(6,560)`**
**`(7,043)`**
**`14,918`**|`At`
`31/3/21`
`£`
**`36,837`**
**`1,063`**
**`20,490`**|
||||**`21,553`**|
||||**`58,390`**|
```
Net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`20/20`
`Bus Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
**`106,019`**
**`-`**
**`-`**
**`-`**
**`106,019`**|`Resources`
`expended`
`£`
**`(84,058)`**
**`(483)`**
**`(6,560)`**
**`(7,043)`**
**`(91,101)`**|`Movement`
`in funds`
`£`
**`21,961`**
**`(483)`**
**`(6,560)`**
**`(7,043)`**
**`14,918`**|
|---|---|---|---|
```
continued...
```
```
Page 11
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`13. MOVEMENT IN FUNDS - continued`**
## **`Comparatives for movement in funds`**
|`Net`
`movement`
`At 1/4/19`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`8,923`
`2,458`
**`Restricted funds`**
`20/20`
`1,933`
`(387)`
`Bus Fund`
`-`
`30,545`
`1,933`
`30,158`
**`TOTAL FUNDS`**
`10,856`
`32,616`|`Transfers`
`between`
`At`
`funds`
`31/3/20`
`£`
`£`
`3,495`
`14,876`
`-`
`1,546`
`(3,495)`
`27,050`
`(3,495)`
`28,596`
`-`
`43,472`|`Transfers`
`between`
`At`
`funds`
`31/3/20`
`£`
`£`
`3,495`
`14,876`
`-`
`1,546`
`(3,495)`
`27,050`
`(3,495)`
`28,596`
`-`
`43,472`|
|---|---|---|
|||`28,596`|
|||`43,472`|
```
Comparative net movement in funds, included in the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`20/20`
`Bus Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`116,535`
`-`
`39,347`
`39,347`
`155,882`|`Resources`
`expended`
`£`
`(114,077)`
`(387)`
`(8,802)`
`(9,189)`
`(123,266)`|`Movement`
`in funds`
`£`
`2,458`
`(387)`
`30,545`
`30,158`
`32,616`|
|---|---|---|---|
```
A current year 12 months and prior year 12 months combined position is as follows:
```
|`Net`
`movement`
`At 1/4/19`
`in funds`
`£`
`£`
**`Unrestricted funds`**
`General fund`
`8,923`
`24,419`
**`Restricted funds`**
`20/20`
`1,933`
`(870)`
`Bus Fund`
`-`
`23,985`
`1,933`
`23,115`
**`TOTAL FUNDS`**
`10,856`
`47,534`|`Transfers`
`between`
`At`
`funds`
`31/3/21`
`£`
`£`
`3,495`
`36,837`
`-`
`1,063`
`(3,495)`
`20,490`
`(3,495)`
`21,553`
`-`
`58,390`|`Transfers`
`between`
`At`
`funds`
`31/3/21`
`£`
`£`
`3,495`
`36,837`
`-`
`1,063`
`(3,495)`
`20,490`
`(3,495)`
`21,553`
`-`
`58,390`|
|---|---|---|
|||`21,553`|
|||`58,390`|
```
continued...
```
```
Page 12
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021`**
## **`13. MOVEMENT IN FUNDS - continued`**
```
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
```
|**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`20/20`
`Bus Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`222,554`
`-`
`39,347`
`39,347`
`261,901`|`Resources`
`expended`
`£`
`(198,135)`
`(870)`
`(15,362)`
`(16,232)`
`(214,367)`|`Movement`
`in funds`
`£`
`24,419`
`(870)`
`23,985`
`23,115`
`47,534`|
|---|---|---|---|
```
The20/20fundraisingappealwassetuptomarktheCharity's20thanniversaryandallowed the
replacementof2buses.Allfundshavebeenspentandthebalanceonthefundrepresents the
carrying value of the fixed assets acquired.
```
```
Therestrictedfundismadeupofagrantreceivedtohelptowardstherunningcostsofthe 326
servicewhichwillcoverthenextthreefinancialyearsandwillbedrawndownonanadhoc basis,
thefullamounthasbeendeferredatthebalancesheetdateandisrepresentedbythecash at
bank figure.
```
```
Thebusfundconsistsofgrantsanddonationswhichwereusedtocompletethepurchaseof the
newDial-a-Ridebusandthepurchaseandfit-outofthereplacementtoFN04NLM(writtenoff in
anaccident).Asmallamountofthesefundsstillremainsandwillbeusedtocoverthecostsof any
further equipment required.
```
## **`14. RELATED PARTY DISCLOSURES`**
```
Donations with no conditions attached received from trustees totals £nil (2020 - £5,000).
```
## **`15. ULTIMATE CONTROLLING PARTY`**
```
The company is controlled by the Board of Trustees.
```
## **`16. GOVERNMENT GRANT INCOME`**
```
The charity received £6,000 in the year in the form of financial assistance from local government.
```
```
Includedintheabovefigure,is£6,000whichwasunrestrictedinrelationtohelpingtowards the
general running costs of the charity.
```
```
ThefundsreceivedfromGovernmentanditsAgencieswere:-£4,000fromIcklesham Parish
Council and £2,000 from Rye Town Council. Furlough monies amounted to £8,727.50.
```
```
Page 13
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`**
|**`INCOME AND ENDOWMENTS`**
**`Donations and legacies`**
`Donations`
`Grants received`
**`Other trading activities`**
`Fundraising events`
`Social lotteries`
**`Investment income`**
`Deposit account interest`
**`Charitable activities`**
`Service bus fares`
`Dial-a-Ride income`
`Bus hirings`
`Contract services`
`Grants`
`Fuel rebates`
**`Total incoming resources`**
**`EXPENDITURE`**
**`Raising donations and legacies`**
`200 Club prizes`
**`Charitable activities`**
`Wages`
`Fuel costs`
`Licences and maintenance of buses`
`Rent and premises costs`
`Telephone`
`Advertising costs`
`Insurance`
`PPE costs`
`Depreciation of office equipment`
`Depreciation of vehicles`
`Loss on sale of tangible fixed assets`
**`Support costs`**
**`Management`**
`Wages`
`Carried forward`|`2021`
`£`
**`13,454`**
**`33,811`**
**`47,265`**
**`-`**
**`5,038`**
**`5,038`**
**`22`**
**`1,012`**
**`933`**
**`415`**
**`42,218`**
**`8,728`**
**`388`**
**`53,694`**
**`106,019`**
**`2,350`**
**`26,540`**
**`7,288`**
**`8,224`**
**`7,285`**
**`1,199`**
**`-`**
**`8,289`**
**`2,102`**
**`88`**
**`9,172`**
**`-`**
**`70,187`**
**`17,160`**
**`17,160`**|`2020`
_`£`_
`17,940`
`51,922`
`69,862`
`1,416`
`4,803`
`6,219`
`5`
`2,857`
`3,584`
`46,818`
`25,685`
`-`
`852`
`79,796`
`155,882`
`2,400`
`34,533`
`16,045`
`22,398`
`7,977`
`740`
`288`
`8,268`
`-`
`110`
`12,229`
`(1,516)`
`101,072`
`17,160`
`17,160`|
|---|---|---|
```
This page does not form part of the statutory financial statements
```
```
Page 14
```
```
RYE & DISTRICT COMMUNITY TRANSPORT
```
## **`DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021`**
|**`Management`**
`Brought forward`
`Sundry office expenses`
**`Finance`**
`Bank charges`
**`Governance costs`**
`Independent examination`
`Accountancy fees`
`Total resources expended`
**`Net income`**|`2021`
`£`
**`17,160`**
**`-`**
**`17,160`**
**`69`**
**`1,130`**
**`205`**
**`1,335`**
**`91,101`**
**`14,918`**|`2020`
_`£`_
`17,160`
`879`|
|---|---|---|
|||`18,039`
`60`
`1,140`
`555`|
|||`1,695`|
|||`123,266`|
|||`32,616`|
```
This page does not form part of the statutory financial statements
```
```
Page 15
```