| Contents | Page | |
|---|---|---|
| Members ofthe board and professional | advisers | |
| Trustees' annual report |
2-6 | |
| Statement ofTrustees' responsibilities |
||
| Independent auditors' report |
8-10 | |
| Consolidated Statement offinancial activities |
||
| Charity and Consolidated Balance sheet |
12 | |
| Notes to the financial statements |
13-22 |
| Members ofthe Board and professional | advisors | |
|---|---|---|
| Chairman | D Inch | |
| Treasurer | CInch | |
| The board oftrustees | ||
| Elected Trustees | CInch | |
| D Inch | ||
| M A Hodgkinson | ||
| DLMasheder | ||
| IF Sheehan | ||
| Co-opted Trustees (non votingj -Halton Borough Council |
H Haddock - Council Officer IBriggs —Council Officer |
|
| Representatives | Cllr MFry - Councillor | |
| Company secretary | M SArnold | |
| Registered office | 33Dittcn Road | |
| Widnes | ||
| Cheshire | ||
| WA8 OPP | ||
| Auditors | Mitchell Charlesworth | (Audit) Limited |
| Chartered Accountants |
k Registered Auditors | |
| Glebe Business Park | ||
| Lunts Heath Road | ||
| Widnes | ||
| Cheshire | ||
| WA8 SSQ | ||
| Bankers | H.S.B.CBank pic | |
| 48 High Street | ||
| Rune orn | ||
| Cheshire | ||
| WA7 IAN | ||
| Solicitors | Butcher and Barlow LLP | |
| High Street | ||
| Runcorn | ||
| Cheshire | ||
| WA7 1AW |
| Year ended 31u March 2022 | Year ended 31u March 2022 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | Year to 31u | Year to31" | |||
| March 2022 | March 2021 | |||||
| Note | ||||||
| Incoming resources | ||||||
| Incoming resources from generated | funds | |||||
| Activities for generating funds | ||||||
| Commercial trading operations |
112,974 | 112,974 | 67,635 | |||
| Investment income |
21 | 21 | 5 | |||
| 112)995 | 112,995 | 67,640 | ||||
| Incoming resources from | ||||||
| citaritable acuvildest |
||||||
| Donations | 5 | 5 | ||||
| Operation oftransport services |
~536029 | ~536029 | 628496 | |||
| Total incoming resources | ~649029 | ~649029 | 696 136 | |||
| Resources expended | ||||||
| Costs ofgenerating funds: | ||||||
| Commercial trading operations |
35,$69 | 35,$69 | 19,193 | |||
| Investment management costs |
~2409 | ~2409 | 1914 | |||
| Sub total costofgenerating | funds | 38,278 | 38,278 | 21,107 | ||
| Charitable activities: |
||||||
| Operation oftransport services |
7 | 723,973 | 723,973 | 599,416 | ||
| Governance costs |
$,420 | 89420 | 8,205 | |||
| Total resources expended | 770671 | ~770 671 | 628 728 | |||
| Net incoming/(outgoing) resources |
||||||
| before transfers | (121,642) | (121,642) | 67,408 | |||
| Gross transfers between funds |
||||||
| Net movement in funds |
(121,642) | (121,642) | 67,10$ | |||
| Reconciliation offunds | ||||||
| Total funds brought forward |
~502 661 | 502661 | 435253 | |||
| Total funds carried forward | 381)}19 | ~2661 |
| Consolidated Bala |
nce Sheet as | at31 | "March 2022 | |||
|---|---|---|---|---|---|---|
| Group 31"March |
Group 31"March |
Charity 31'March |
Charity 31"March |
|||
| 2022 | 2021 | 2022 | 2021 | |||
| Fixed assets | ||||||
| Tangible assets | 15 | 256,088 | 281,668 | 255,967 | 281,475 | |
| Investments | 1 | 1 | ||||
| 256,088 | 281,668 | 255,968 | 281,476 | |||
| Current assets | ||||||
| Stocks | 16 | 4,501 | 3,611 | 4,501 | 3,611 | |
| Debtors | 17 | 61,843 | 51,428 | 76,359 | 66,124 | |
| Cash at bank and in hand | 122813 | 201,252 | 109,278 | 172,069 | ||
| 188,657 | 256,291 | 190,138 | 241,804 | |||
| Creditors: Amounts | falling due | |||||
| within one year | 18 | ~50218 | 35298 | ~45528 | 27571 | |
| Net current assets | ~138439 | 220 993 | ~144610 | 214233 | ||
| Total assets less current liabilities | 394,527 | 502,661 | 400,578 | 495,709 | ||
| Creditors: Amounts | falling due | |||||
| after more than one year | 19 | ~13508 | ~13508 | |||
| Net assets | ~52 661 | 495709 | ||||
| The funds ofthe charity | ||||||
| Restricted income funds | 20 | |||||
| Unrestricted income |
funds | |||||
| General fund | 296,611 | 415,500 | 302,662 | 408,548 | ||
| Designated fixed asset fund |
~84408 | 87 161 | 84408 | 87161 | ||
| Total charity funds | 502 661 |
| Asset Category | Annual rate |
|---|---|
| Freehold Property | 2% |
| Fixtures, Fittings tk Equipment | 15% |
| Motor Vehicles | 20% |
| A summary | ofthe | financial | acti | vities undertaken by the ch |
arity is set out below: | |
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| Gross incoming | resources | 619,537 | 671,285 | |||
| Total expenditure | on charitable | activities | (721,747) | (597,237) | ||
| Investment | costs | (259) | (363) | |||
| Governance | costs | ~6170 | ~6205 | |||
| Net incoming/(outgoing) | resources | (108,639) | 67,480 | |||
| Total funds | brought forward |
495709 | 428 229 | |||
| Total funds | carried forward | ~495 7 | ||||
| Represented | by: | |||||
| Restricted income | funds | |||||
| Unrestricted | income funds | 3~87070 | 495709 | |||
| 4~9570 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Turnover Cost ofsales and administration |
costs | 112,974 ~42 495 |
67,635 ~24 923 |
|
| Net profit | 70,479 | 42,712 | ||
| Amount gift aided to charity |
(83,494) | (42,784) | ||
| Taxation | ||||
| Interest received | 12 | |||
| Retained in subsidiary | (13,003) | (72) | ||
| The assets and liabilities ofthe subsidiary | were: | |||
| Fixed assets | 121 | 193 | ||
| Current assets | 13,215 | 29,183 | ||
| Current liabilities Total net assets |
~1938 | ~22423 ~53 |
||
| Aggregate share capital and reserves |
| The income was primarily | from the | operation ofthe transport | services. | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total funds | Total funds | ||
| funds | funds | 2022 | 2021 | ||
| 8 | 8 | ||||
| Grants | 97,082 | ||||
| Fares | 115,883 | 115,883 | 90,318 | ||
| Council contracts | 137,024 | 137,024 | 85,479 | ||
| Mcrsey link | 233,621 | 233,621 | 209,209 | ||
| CJRSincome Profit on disposal offixed assets |
47,251 ~2250 |
47,251 ~2250 |
145,433 975 |
||
| ~536029 | ~536029 | 628 496 |
| Costs ofcharitab | le activities b |
y fund type | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | Total Funds | ||
| Funds | Funds | 2022 | 2021 | ||
| K | g | ||||
| Direct charitable | activity | 648&711 | 648,711 | 524,012 | |
| Support costs | 75,262 | 75,262 | 75,404 | ||
| 723,973 | 723,973 | 599,416 |
| Activities | ||||||
|---|---|---|---|---|---|---|
| undertaken | Support | Total Funds | Total Funds | |||
| directly | costs | 2022 | 2021 | |||
| 8 | ||||||
| Direct charitable | activity | 648,711 | 75,262 | 723,973 | 599,416 | |
| Governance | costs | |||||
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | 2022 | 2021 | |||
| Audit and accountancy | 8,420 | 8,420 | 8,205 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Aggregate emoluments |
||||
| 11. | Analysis ofstaff costs | |||
| 2022 | 2021 | |||
| Salaries aud wages | 359,503 | 326,428 | ||
| Social security costs | 23433 | 22,697 | ||
| Pension costs | ~9173 | 8 895 | ||
| 3L020 | ||||
| No employee received remuneration | ofmore than f60,000. |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Number | Number | ||||
| Charitable activities |
12 | 13 | |||
| Management | and administration | 4 | 3 | ||
| 15 | |||||
| 13. | Movement | in total funds for the year | |||
| 2022 | 2021 | ||||
| This is stated | after charging: | ||||
| Depreciation | ofowned fixed assets | 61,574 | 64,568 | ||
| Depreciation | offixed assets held under hire purchase | agreements | 12,600 | 4,900 | |
| Auditor's remuneration: |
|||||
| External | audit | 8,420 | 8,205 | ||
| Other audit services | 1,500 | 1,500 | |||
| Other services | 2,919 | 3,205 |
| Fixtures, | ||||
|---|---|---|---|---|
| Freehold | Fittings & | Motor | ||
| Property | Equipment | Vehicles | Total | |
| Cost | ||||
| At 1stApril 2021 | 158,437 | 116,382 | 834,132 | 1,108,951 |
| Additions | 8,582 | 40,012 | 48,594 | |
| Disposals | ~31045 | ~31045 | ||
| At 31stMarch 2022 | ||||
| Depreciation | ||||
| At 1stApril 2021 | 58,371 | 102,411 | 666,501 | 827,283 |
| Charge for the year Released on disposals |
3,167 | 4,621 | 66,386 ~31 045 |
74,174 ~31045 |
| At 31stMarch 2022 | ||||
| Net book value | ||||
| At 31stMarch 2022 | ||||
| At 31stMarch 2021 | ~11 | ~167 1 |
| Fixtures, | ||||
|---|---|---|---|---|
| Freehold | Fittings ds |
Motor | ||
| Property | Equipment | Vehicles | Total | |
| Cost | ||||
| At 1stApril 2021 | 158,437 | 101,376 | 834,132 | 1,093,945 |
| Additions | 8,582 | 40,012 | 48,594 | |
| Disposals | ~31 045 | ~31045 | ||
| At 31stMarch 2022 | ||||
| Depreciation | ||||
| At 1stApril 2021 | 58,371 | 87,598 | 666,501 | 812,470 |
| Charge forthe year | 3,167 | 4,549 | 66,386 | 74,102 |
| Released on disposals At 31"March 2022 |
~31045 | {331045 | ||
| Net book value | ||||
| At 31stMarch 2022 | LL811 | |||
| At 31stMarch 2021 | 13971 | lt't7 631 | ~24 |
| depre | ciation ch |
arge for the year was 512,6 | 00(2021:K4,900). | |||
|---|---|---|---|---|---|---|
| 16. | Stocks | |||||
| Group | Charity | |||||
| 2022 | 2021 | 2022 | 2021 | |||
| Stocks | ~4501 | 3611 | 4~501 | 3611 | ||
| 17. | Debtors | |||||
| Group | Charity | |||||
| 2022 | 2021 | 2022 | 2021 | |||
| Trade debtors | 18,976 | 10,965 | 18,796 | 10,965 | ||
| Amounts | due &em subsidiary | |||||
| undertaking | 14,696 | 14,696 | ||||
| Other debtors | ~42 867 | 40463 | ~42867 | 40463 | ||
| ~514 | 66 124 |
| Group | Charity | |||
|---|---|---|---|---|
| 2022 | 2021 | 2022 | 2021 | |
| Trade creditors | 6,170 | 10,244 | 6,170 | 9,310 |
| Other taxes and social security costs | 9489 | 11,514 | 6,849 | 8,621 |
| Hire purchase agreements | 3,744 | 2,947 | 3,744 | 2,947 |
| Other creditors and accruals | 3~0915 | 10593 | ~28 765 | 6693 |
| 35298 | ~45 528 | 27571 |
| 2022 | 2021 | ||
|---|---|---|---|
| 2947 | |||
| an one year | |||
| Group | Charity | ||
| 2022 | 2021 | 2022 | 2021 |
| f |
| Group | Fund at 31" | Incoming | Resources | Fund at31" | ||
|---|---|---|---|---|---|---|
| March 2021 | resources | expended | Transfers | March 2022 | ||
| General fund | 415,500 | 649,029 | (767,91$) | 296,611 | ||
| Designated | fixed asset | |||||
| Fund | ~2753 | ~84 408 | ||||
| Total |
| 20.cont. | ||||||
|---|---|---|---|---|---|---|
| Fund at31" | Incoming | Resources | Fund at31st | |||
| Charity | March 2020 | Resources | expended | Transfers | March 2021 | |
| g | ||||||
| General fund | 345,339 | 696,136 | (625,975) | 415,500 | ||
| Designated | fixed | asset | ||||
| Fund | 89914 | ~2753 | ~87161 | |||
| Total |
| unrestricte | d funds. |
Prev | iously | the fixed | assets were | held in restricted | funds until fully | depreciated. | |
|---|---|---|---|---|---|---|---|---|---|
| 21. | Analysis | ofgroup | net | assets | between | funds | |||
| General | Designated | Restricted | |||||||
| Fund | Fund | Funds | Total | ||||||
| K | |||||||||
| 171,680 | 84,408 | 256,088 | |||||||
| 122@13 | 122,313 | ||||||||
| 16,126 | 16,126 | ||||||||
| ~13508 | ~13508 |