2020-09-30-accounts

CONTENTS			Pages
Annual Report			4-9
Independent Examiner's		report	10
Statement offinancial	activities
Balance sheet			12
Notes to the accounts			13-15

		Note	2020f	2019f
Income from:
General donations Project specific charitable	activities		146,777 23,000	244,831 0
Interest Received			1,126	926
Total			170,903	245,757
Expenditure on:
Charitab! eactivities			153,429	179,688
Total			153,429	179,688
Net movement in funds			17,474	66,069
Total funds at 1 October	2019		228,975	162,906
Total funds at 30 September 2020			246,449	228,975

Current assets:		2020f	2019f
Cash at bank and in	hand	251,358	232,681
Liabilities:
Creditors: amounts	falling due within one year	4,909	3,706
Net current assets		246,449	228,975
Total net assets		246,449	228,975
The funds ofthe charity:
Unrestricted funds		246,449	228,975
Total charity funds'		246,449	228,975

2.	Expenditure on Charitable	Activities			2020	2019
			Core	Direct
		Basis of	running	research
		allocation	costs	costs	Total	Total
	Costs directly allocated			8	8	8
	to research activities
	Aviation Strategy Transport impacts of Covid-19	Direct Direct		8,399 8,485	8,399 8,485	4,767 12,168
	Road &Rail Travel Trends	Direct		22,935	22,935	37,886
	Why Travel? study Technology k, Travel Freight tk UK Economy	Direct Direct Direct		24,139 4,954 2,595	24,139 4,955 2,595	21,402 3,079 3,593
				71,507	71,508	82,895
	Support costs allocated
	to charitable activities
	Salary costs in relation to general management	Direct	40,390		40,390	32,902
	Administrative assistance Travel/postage/computer costs/stationery	Direct Direct	16,492 3,069		16,492 3,069	26,968 6,224
	Printing/photocopying/ Promotional material/	Direct	5,637		5,637	6,827
	Website
	Events/debates/seminars/ hospitality	Direct	5,395		5,395	13,039
	Service dt office charges insurance	Direct Direct	4,740 956		4,740 956	4,740 956
			76,679		76,679	91,570
	Governance costs
	Accountancy Bank charges	Direct Direct	5,165 78		5,165 78	5,156 67
			5,243		5,243	5,223
	Total Expenditure
			81,922	71,507	153,429	179,688

3	Employees
				2020	2019
	Wages and	salaries	(gross)	76,806	67,652
	Employer's	social	security (Nl) costs	4,726	5,046
	Other pension costs			8,118	7,688
	Total employment		costs	89,650	80,386