| PRINCIPAL ADDRESS | 70Cowcross | Street | |
|---|---|---|---|
| London | |||
| ECIM 6EJ | |||
| BANKERS | HSBC | ||
| 6Market Place | |||
| Henley on Thames | |||
| Oxfordshire | |||
| RG9 2AN | |||
| INDEPENDENT EXAMINER | Chaweevan | Williams | FCCA |
| Verdant Accountants | Ltd | ||
| 167Clarence Avenue | |||
| New Maiden | |||
| Surrey | |||
| KT3 3TX |
| CONTENTS | Pages | ||
|---|---|---|---|
| Annual Report | 4-9 | ||
| Independent Examiner's |
report | 10 | |
| Statement offinancial | activities | ||
| Balance sheet | 12 | ||
| Notes to the accounts | 13-15 |
| mmissioner members ofthe IT |
C during the re |
|---|---|
| Terry Hill CBE(Chairman) | |
| Professor David Banister | |
| Kristine Beuret OBE | |
| Mary Bonar | |
| John Dawson | |
| Nicholas Finney | |
| Dr Stephen Hickey | |
| Professor Ying Jin (appointed | 24 May 2022) |
| Professor Peter Jones OBE | |
| Sarah Kendall | |
| Roger Madelin CBE | |
| Steven Norris | |
| Stephen Rinsler (retired 24 May 2022) | |
| Bridget Rosewell CBE | |
| Dr Deborah Saunt |
| Note | 2022 | 2021 | ||
|---|---|---|---|---|
| Income from: | ||||
| General donations | 182,500 | 130,376 | ||
| Project specific charitable | activities | 0 | 0 | |
| Interest Received | 911 | 949 | ||
| Total | 183,411 | 131,325 | ||
| Expenditure on: |
||||
| Charitable activities |
119,860 | 132,451 | ||
| Total | 119,860 | 132,451 | ||
| Net movement in funds |
63,551 | (1,126) | ||
| Total funds at 1 October | 2021 | 245,323 | 246,449 | |
| Total funds at 30 September 2022 | 308,874 | 245,323 |
| 2022 | 2021 | ||
|---|---|---|---|
| Current assets: | |||
| Cash at bank and in | hand | 312,201 | 246,889 |
| Liabilities: | |||
| Creditors: amounts | falling due within one year | 3,327 | 1,566 |
| Net current assets | 308,874 | 245,323 | |
| Total net assets | 308,874 | 245,323 | |
| The funds ofthe charity: | |||
| Unrestricted funds |
308,874 | 245,323 | |
| Total charity funds' | 308,874 | 245,323 |
| 2. | Expenditure on Charitable |
Activities | 2022 | 2021 | ||
|---|---|---|---|---|---|---|
| Core | Direct | |||||
| Basis of | running | research | ||||
| allocation | costs | costs | Total | Total | ||
| Costs directly allocated | ||||||
| to research activities | ||||||
| Aviation Strategy |
Direct | 9,036 | 9,036 | 14,929 | ||
| Transport impacts of |
Direct | 9,676 | 9,676 | 13,068 | ||
| Covid-19 | ||||||
| Low Carbon Urban | Direct | 11,924 | 11,924 | 9,289 | ||
| Intra structure | ||||||
| Why Travel? study | Direct | 10,820 | 10,820 | 22,473 | ||
| Technology &Travel | Direct | 4,726 | 4,726 | 2,751 | ||
| Freight &UK Economy | Direct | 1,646 | ||||
| 46,182 | 46,182 | 64,155 | ||||
| Support costs allocated | ||||||
| to charitable activities |
||||||
| Salary costs in relation to | Direct | 43,000 | 43,000 | 43,381 | ||
| general management | ||||||
| Administrative assistance |
Direct | 9,882 | 9,882 | 8,388 | ||
| TraveVpostage/computer | Direct | 1,210 | 1,210 | 1,585 | ||
| costs/stationery | ||||||
| Printing/photo copying/ |
Direct | 3,905 | 3,904 | 3,915 | ||
| Promotional material/ |
||||||
| Website | ||||||
| Events/debates/seminars/ | Direct | 4,607 | 4,607 | 1,361 | ||
| hospitality | ||||||
| Service &office charges | Direct | 4,740 | 4,740 | 3,555 | ||
| Insurance | Direct | 902 | 902 | 844 | ||
| 68,246 | 68,245 | 63,029 | ||||
| Governance costs |
||||||
| Accountancy | Direct | 5,321 | 5,321 | 5,171 | ||
| Bank charges | Direct | 111 | 111 | 96 | ||
| 5,432 | 5,432 | 5,267 | ||||
| Total Expenditure | ||||||
| 73,678 | 46,182 | 119,860 | 132,451 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Wages and salaries | (gross) | 81,180 | 81,180 | |
| Employer's social |
security (Nat. Insurance) | costs | 3,727 | 5,490 |
| Other pension costs | 4,059 | 4,059 | ||
| Total employment | costs | 88,966 | 90,729 |