``` REGISTERED COMPANY NUMBER: 03898093 (England and Wales) REGISTERED CHARITY NUMBER: 1079421 ``` ## **`REPORT OF THE TRUSTEES AND`** ``` UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 ``` ## **`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 31ST MARCH 2022`** **----- Start of picture text -----**
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
**----- End of picture text -----**
``` RYE & DISTRICT COMMUNITY TRANSPORT (REGISTERED NUMBER: 03898093) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022`** ``` ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present theirreportwiththefinancialstatementsofthecharityfortheyearended31stMarch2022.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. ``` ## **`FINANCIAL REVIEW`** ## **`Financial review`** ``` DuringthepastyeartheDirectors'effortshavecontinuedtoconcentrateonstabilisingthe Charity's financialpositionandfocussingonabusinessstrategytoensureongoingviability.Thecostbase for RDCTishighbutthePermitsonlyallowforrecoveryofcertainoperatingcostsfrompassengers and excludesanyadministrativeexpense.Thismeansthatthecharityreliesheavilyoncommunityfunding for support.OrganisationssuchastheFriendsofRyeHospital;RyeTownCouncil;theRyeFund, Icklesham ParishCouncilandJempsonshaveallsupportedtheCharityduringtheyearandmuchisalsodone by otherfundraisinginitiatives.Itisalsoextremelygratefulforverygenerousdonationsfromthe public who have used the service and value its contribution to their transport needs. ``` ``` WehavecontinuedtoensuretheCharity'sfinancesremainsoundduringthelockdownsandbeyond by wayoffurtherprivatedonationsandthesehasprovedentirelysufficient.Thesehavealsoensured that reservesshouldbesufficienttopermitoperationstocontinueforatleast12monthsintheeventof a majordownturninincomeandtohelpbuildupfundsforanyfuturebusreplacement.Thishas been againstabackgroundofincreasedfuelcostsparticularlybutalsointhefaceofhigheroperational costs generally where an uplift in our fare structures regrettably have also had to be implemented. ``` ``` Theresultsfortheyearended31March2022producedabreakevenpositionbeforedepreciation which waswithinbudgetforecastandconsideredsatisfactorybearinginmindoperationaland economic circumstances.TheTrusteeswouldliketothanktheOperationsManagerforherunstinting commitment totheBusCompany,theemployeesandallthevolunteerswhodosomuchtoensurewecontinue to provide an excellent and much appreciated community service. ``` ``` Page 1 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT (REGISTERED NUMBER: 03898093) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022`** ## **`FINANCIAL REVIEW`** ## **`Reserves policy`** ``` PartoftheconsiderablesurplusfromtheSection106moniesawardedin2019forthepurchaseof the newbusforthe326serviceisring-fencedforrunningcostsover3yearsandcannotberegardedas a reserve.However,notingtheongoingfundingneeds,theCharityisawareoftheneedtobuild 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. ``` ## **`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 I J Foster ``` ``` Nodirectorhasanybeneficialinterestinthecharitablecompany.Alldirectorsare appointed representativesofmemberorganisationswhohaveguaranteedtocontribute£1intheeventof a winding up. The number of guarantees at 31 March 2022 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 ``` ``` Page 2 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT (REGISTERED NUMBER: 03898093) ``` ## **`REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2022`** ``` ThisreporthasbeenpreparedinaccordancewiththespecialprovisionsofPart15oftheCompanies Act 2006 relating to small companies. ``` ``` Approved by order of the board of trustees on 8th December 2022 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 31st March 2022. ``` ## **`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 outmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommissionunder Section 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 ``` ``` 8th December 2022 ``` ``` Page 4 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ## **`STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2022`** |`Unrestricted`
`fund`
`Notes`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
**`29,926`**
**`Charitable activities`**
`Operation of bus service`
**`62,645`**
`Other trading activities`
`3`
**`5,330`**
`Investment income`
`4`
**`7`**
**`Total`**
**`97,908`**
**`EXPENDITURE ON`**
`Raising funds`
**`2,311`**
**`Charitable activities`**
`Operation of bus service`
**`98,662`**
**`Total`**
**`100,973`**
**`NET INCOME/(EXPENDITURE)`**
**`(3,065)`**
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
**`36,837`**
**`TOTAL FUNDS CARRIED FORWARD`**
**`33,772`**|`Restricted`
`funds`
`£`
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`-`**
**`5,288`**
**`5,288`**
**`(5,288)`**
**`21,553`**
**`16,265`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`29,926`**
**`62,645`**
**`5,330`**
**`7`**
**`97,908`**
**`2,311`**
**`103,950`**
**`106,261`**
**`(8,353)`**
**`58,390`**
**`50,037`**|`2021`
`Total`
`funds`
`£`
`47,265`
`53,694`
`5,038`
`22`| |---|---|---|---| ||||`106,019`| ||||`2,350`
`88,751`| ||||`91,101`| ||||`14,918`
`43,472`| ||||`58,390`| ``` The notes form part of these financial statements ``` ``` Page 5 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT (REGISTERED NUMBER: 03898093) ``` ## **`BALANCE SHEET 31ST MARCH 2022`** |`Unrestricted`
`Restricted`
`fund`
`funds`
`Notes`
`£`
`£`
**`FIXED ASSETS`**
`Tangible assets`
`10`
**`5,220`**
**`15,700`**
**`CURRENT ASSETS`**
`Debtors`
`11`
**`4,819`**
**`83`**
`Cash at bank and in hand`
**`32,681`**
**`7,795`**
**`37,500`**
**`7,878`**
**`CREDITORS`**
`Amounts falling due within one year`
`12`
**`(8,948)`**
**`(7,313)`**
**`NET CURRENT ASSETS`**
**`28,552`**
**`565`**
**`TOTAL ASSETS LESS CURRENT`**
**`LIABILITIES`**
**`33,772`**
**`16,265`**
**`NET ASSETS`**
**`33,772`**
**`16,265`**
**`FUNDS`**
`13`
`Unrestricted funds:`
`General fund`
`Restricted funds`
**`TOTAL FUNDS`**|**`2022`**
**`Total`**
**`funds`**
**`£`**
**`20,920`**
**`4,902`**
**`40,476`**
**`45,378`**
**`(16,261)`**
**`29,117`**
**`50,037`**
**`50,037`**
**`33,772`**
**`16,265`**
**`50,037`**|`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`| |---|---|---| ``` ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompaniesAct 2006 for the year ended 31st March 2022. ``` ``` Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsforthe year ended 31st March 2022 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 8th December 2022 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 31ST MARCH 2022 ``` ## **`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 31ST MARCH 2022`** ## **`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`**|||| |---|---|---|---| |`Social lotteries`
**`INVESTMENT INCOME`**
`Deposit account interest`
**`SUPPORT COSTS`**
`Management`
`£`
`Operation of bus service`
**`17,160`**
`Support costs, included in the above, are as follows:`|**`2022`**
**`£`**
**`5,330`**
**`2022`**
**`£`**
**`7`**
`Governance`
`Finance`
`costs`
`£`
`£`
**`282`**
**`1,285`**|`2021`
`£`
`5,038`
`2021`
`£`
`22`
`Totals`
`£`
**`18,727`**|`2021`
`£`
`5,038`| ||||`2021`
`£`
`22`| ||||| ## **`4.`** ## **`5. SUPPORT COSTS`** ## **`Governance costs`** |**`Governance costs`**||| |---|---|---| ||**`2022`**|`2021`| ||`Operation`|| ||`of bus`|`Total`| ||`service`|`activities`| ||**`£`**|`£`| |`Independent examination`|**`1,130`**|**`1,130`**| |`Accountancy fees`|**`155`**|**`205`**| ||**`1,285`**|**`1,335`**| |**`NET INCOME/(EXPENDITURE)`**||| |`Net income/(expenditure) is stated after charging/(crediting):`||| ||**`2022`**|`2021`| ||**`£`**|`£`| |`Depreciation - owned assets`|**`6,949`**|`9,260`| ## **`6. NET INCOME/(EXPENDITURE)`** ``` continued... ``` ``` Page 8 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ``` NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022 ``` ## **`7. TRUSTEES' REMUNERATION AND BENEFITS`** ``` Therewerenotrustees'remunerationorotherbenefitsfortheyearended31stMarch2022nor for the year ended 31st March 2021. ``` ## **`Trustees' expenses`** ``` Therewerenotrustees'expensespaidfortheyearended31stMarch2022norfortheyear ended 31st March 2021. ``` ## **`8. STAFF COSTS`** |**`STAFF COSTS`**||| |---|---|---| |`Wages and salaries`|**`2022`**
**`£`**
**`43,968`**
**`43,968`**|`2021`
`£`
`43,700`| |||`43,700`| ``` The average monthly number of employees during the year was as follows: ``` |`Drivers`
`Administration`|**`2022`**
**`2`**
**`1`**
**`3`**|`2021`
`2`
`1`| |---|---|---| |||`3`| ``` No employees received emoluments in excess of £60,000. ``` ``` Therewerenohigherpaidstafffortheyearended31stMarch2022norfortheyear ended 31st March 2021. ``` ## **`9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES`** |`Unrestricted`
`fund`
`£`
**`INCOME AND ENDOWMENTS FROM`**
`Donations and legacies`
`47,265`
**`Charitable activities`**
`Operation of bus service`
`53,694`
`Other trading activities`
`5,038`
`Investment income`
`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`|`Restricted`
`funds`
`£`
`-`
`-`
`-`
`-`
`-`
`-`
`7,043`
`7,043`
`(7,043)`|`Total`
`funds`
`£`
`47,265`
`53,694`
`5,038`
`22`| |---|---|---| |||`106,019`| |||`2,350`
`88,751`| |||`91,101`| |||`14,918`| ``` continued... ``` ``` Page 9 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued`** ## **`FOR THE YEAR ENDED 31ST MARCH 2022`** |**`9.`**
**`COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -`**
`Unrestricted`
`fund`
`£`
**`RECONCILIATION OF FUNDS`**
`Total funds brought forward`
`14,876`
**`TOTAL FUNDS CARRIED FORWARD`**
`36,837`
**`10.`**
**`TANGIBLE FIXED ASSETS`**
`Office`
`equipment`
`£`
**`COST`**
`At 1st April 2021 and 31st March 2022`
**`1,589`**
**`DEPRECIATION`**
`At 1st April 2021`
**`1,236`**
`Charge for year`
**`71`**
`At 31st March 2022`
**`1,307`**
**`NET BOOK VALUE`**
`At 31st March 2022`
**`282`**
`At 31st March 2021`
`353`
**`11.`**
**`DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Trade debtors`
`Other debtors`
`Prepayments`
**`12.`**
**`CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR`**
`Social security and other taxes`
`Other creditors`
`Deferred income`|**`continued`**
`Restricted`
`funds`
`£`
`28,596`
`21,553`
`Motor`
`vehicles`
`£`
**`63,368`**
**`35,852`**
**`6,878`**
**`42,730`**
**`20,638`**
`27,516`
**`2022`**
**`£`**
**`374`**
**`3,067`**
**`1,461`**
**`4,902`**
**`2022`**
**`£`**
**`515`**
**`8,435`**
**`7,311`**
**`16,261`**|`Total`
`funds`
`£`
`43,472`| |---|---|---| |||`58,390`| |||`Totals`
`£`
**`64,957`**
**`37,088`**
**`6,949`**
**`44,037`**
**`20,920`**
`27,869`
`2021`
`£`
`20`
`1,662`
`1,426`
`3,108`
`2021`
`£`
`508`
`5,995`
`14,622`
`21,125`| |||| ``` continued... ``` ``` Page 10 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022`** ## **`13. MOVEMENT IN FUNDS`** |`At 1/4/21`
`£`
**`Unrestricted funds`**
`General fund`
**`36,837`**
**`Restricted funds`**
`20/20`
**`1,063`**
`Bus Fund`
**`20,490`**
**`21,553`**
**`TOTAL FUNDS`**
**`58,390`**
`Net movement in funds, included in the above are as follows:`
`Incoming`
`resources`
`£`
**`Unrestricted funds`**
`General fund`
**`97,908`**
**`Restricted funds`**
`20/20`
**`-`**
`Bus Fund`
**`-`**
**`-`**
**`TOTAL FUNDS`**
**`97,908`**
**`Comparatives for movement in funds`**
`At 1/4/20`
`£`
**`Unrestricted funds`**
`General fund`
`14,876`
**`Restricted funds`**
`20/20`
`1,546`
`Bus Fund`
`27,050`
`28,596`
**`TOTAL FUNDS`**
`43,472`|`Net`
`movement`
`in funds`
`£`
**`(3,065)`**
**`(265)`**
**`(5,023)`**
**`(5,288)`**
**`(8,353)`**
`Resources`
`expended`
`£`
**`(100,973)`**
**`(265)`**
**`(5,023)`**
**`(5,288)`**
**`(106,261)`**
`Net`
`movement`
`in funds`
`£`
`21,961`
`(483)`
`(6,560)`
`(7,043)`
`14,918`|`At`
`31/3/22`
`£`
**`33,772`**
**`798`**
**`15,467`**
**`16,265`**
**`50,037`**
`Movement`
`in funds`
`£`
**`(3,065)`**
**`(265)`**
**`(5,023)`**
**`(5,288)`**
**`(8,353)`**
`At`
`31/3/21`
`£`
`36,837`
`1,063`
`20,490`
`21,553`
`58,390`| |---|---|---| ``` continued... ``` ``` Page 11 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` 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`
`£`
`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`| |---|---|---|---| ``` A current year 12 months and prior year 12 months combined position is as follows: ``` |||`Net`|| |---|---|---|---| |||`movement`|`At`| ||`At 1/4/20`|`in funds`|`31/3/22`| ||`£`|`£`|`£`| |**`Unrestricted funds`**|||| |`General fund`|`14,876`|`18,896`|`33,772`| |**`Restricted funds`**|||| |`20/20`|`1,546`|`(748)`|`798`| |`Bus Fund`|`27,050`|`(11,583)`|`15,467`| ||`28,596`|`(12,331)`|`16,265`| |**`TOTAL FUNDS`**|`43,472`|`6,565`|`50,037`| ``` Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in the above are as follows: ``` |**`Unrestricted funds`**
`General fund`
**`Restricted funds`**
`20/20`
`Bus Fund`
**`TOTAL FUNDS`**|`Incoming`
`resources`
`£`
`203,927`
`-`
`-`
`-`
`203,927`|`Resources`
`expended`
`£`
`(185,031)`
`(748)`
`(11,583)`
`(12,331)`
`(197,362)`|`Movement`
`in funds`
`£`
`18,896`
`(748)`
`(11,583)`
`(12,331)`
`6,565`| |---|---|---|---| ``` The20/20fundraisingappealwassetuptomarktheCharity's20thanniversaryandallowed the replacementof2buses.Allfundshavebeenspentandthebalanceonthefundrepresents the carrying value of the fixed assets acquired. ``` ``` continued... ``` ``` Page 12 ``` ``` RYE & DISTRICT COMMUNITY TRANSPORT ``` ## **`NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2022`** ## **`13. MOVEMENT IN FUNDS - continued`** ``` Therestrictedfundismadeupofagrantreceivedtohelptowardstherunningcostsofthe 326 servicewhichwillcoverthreefinancialyearsandwillbedrawndownonanadhocbasis,the full amount has been deferred at the balance sheet date and is represented by the cash at bank figure. ``` ``` Thebusfundconsistsofgrantsanddonationswhichwereusedtocompletethepurchaseof the newDial-a-Ridebusandthepurchaseandfit-outofthereplacementtoFN04NLM(writtenoff in anaccident).Asmallamountofthesefundsstillremainsandwillbeusedtocoverthecostsof any further equipment required. ``` ## **`14. RELATED PARTY DISCLOSURES`** ``` There were no related party transactions for the year ended 31st March 2022. ``` ## **`15. ULTIMATE CONTROLLING PARTY`** ``` The company is controlled by the Board of Trustees. ``` ## **`16. GOVERNMENT GRANT INCOME`** ``` The charity received £5,500 in the year in the form of financial assistance from local government. ``` ``` Includedintheabovefigure,is£5,500whichwasunrestrictedinrelationtohelpingtowards the general running costs of the charity. ``` ``` ThefundsreceivedfromGovernmentanditsAgencieswere:-£4,000fromIcklesham Parish Council and £1,500 from Rye Town Council. ``` ``` Page 13 ```