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|Contents|||Page|
|---|---|---|---|
|Members ofthe board and professional||advisers||
|Trustees'<br>annual report|||2-6|
|Statement of Trustees'<br>responsibilities||||
|Independent<br>auditors'<br>report|||8-11|
|Consolidated<br>Statement offinancial|activities||12|
|Consolidated<br>balance sheets|||13|
|Notes to the consolidated<br>financial|statements||14-24|





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|Members|ofthe Board and professio|nal<br>advisors||
|---|---|---|---|
|Chairman||DMashender||
|Treasurer||C Inch||
|The board|oftrustees|||
|Elected Trustees||C Inch||
|||D Inch||
|||M A Hodgkinson||
|||DLMasheder||
|||JF Sheehan||
|||KHawitt||
|||PBell||
|Co-opted Trustees (non voting)||H Haddock - Council Officer||
|-Halton Borough Council||JBriggs —Council Officer||
|Representatives||Cllr M Fry - Councillor||
|Company|secretary|M SArnold||
|Registered|office|33Ditton Road||
|||Widnes||
|||Cheshire||
|||WA8 OPP||
|Auditors||Mitchell Charlesworth|(Audit) Limited|
|||Chartered<br>Accountants|8i:Registered Auditors|
|||Glebe Business Park||
|||Lunts Heath Road||
|||Widnes||
|||Cheshire||
|||WA8 SSQ||
|Bankers||H.S.B.CBank pic||
|||48 High Street||
|||Runeorn||
|||Cheshire||
|||WA7 1AN||





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|Year ended 31"March 2023|Year ended 31"March 2023||||||
|---|---|---|---|---|---|---|
||||||Total Funds|Total Funds|
|||Unrestricted||Restricted|Year to 31u|Year to 31"|
||||Funds|Funds|March 2023|March 2022|
||Note||||||
|Incoming resources|||||||
|Incoming<br>resources from generated||funds|||||
|Activities for generati ngfunds|||||||
|Commercial<br>trading operations|||130,913||130,913|112,974|
|Investment<br>income||6|132||132|21|
||||131,045|-|131,045|112,995|
|Incoming resources from|||||||
|charitable<br>activitiest|||||||
|Donations||||||5|
|Operation oftransport<br>services|||6~16924||616924|536029|
|Total incoming resources|||7~47969||747969|649029|
|Resources expended|||||||
|Costs ofgenerating funds:|||||||
|Commercial<br>trading operations|||46425||46@25|35,869|
|Investment<br>management<br>costs|||~9052||~9052|2409|
|Sub total cost ofgenerating|funds||55,377||55877|38,278|
|Charitable<br>activities:|||||||
|Operation oftransport<br>services||8|824,173||824,173|723,973|
|Crovernance<br>costs||10|9 00||~900|8 420|
|Total resources expended|||~8$8$50||~888 850|770671|
|Net outgoing resources before|||||||
|transfers|||(140,881)||(140,881)|(121,642)|
|Gross transfers between<br>funds|||||||
|Net movement<br>in funds|||(140,$$1)||(140,881)|(121,642)|
|Reconciliation offunds|||||||
|Total funds brought<br>forward|||~381019|-|~381019|502661|
|Total funds carried forward||||||~381 01|





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|||||Group<br>31"March|31*'March|Charity<br>31"March<br>31"March|Charity<br>31"March<br>31"March|
|---|---|---|---|---|---|---|---|
|||||2023|2022|2023|2022|
|Fixed assets||||||||
|Tangible assets|||16|268837|256,088|268,288|255,967|
|Investment|||17|||1|1|
|||||268837|256,088|268,289|255,968|
|Current<br>assets||||||||
|Stocks|||18|3,611|4,501|3,611|4,501|
|Debtors|||19|40,782|61,843|55,47$|76,359|
|Cash at bank and in hand||||69,796|122,313|58,024|109,278|
|||||114,189|188,657|117,113|190,138|
|Creditors: Amounts|falhng due|||||||
|within one year|||20|~$1291|50218|~73850|45 528|
|Net current assets||||32 898|138439|43263|l44 610|
|Total assets less current||liabiTities||301,235|394,527|311,552|400,578|
|Creditors: Amounts|falling due after|||||||
|more than one year|||21|~61 097|13508|~61 097|13508|
|Net assets||||||||
|The funds ofthe group and the charity||||||||
|Restricted income funds||||||||
|Unrestricted<br>income funds||||||||
|General fund||||15$,4$3|296,611|168,$00|302,662|
|Designated<br>fixed asset fund||||~$1655|84408|~81655|84408|
|Total funds|||22|||||





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|Asset category||Annual rate|
|---|---|---|
|Freehold Property||2%|
|Fixtures, Fittings|BcEquipment|15%|
|Motor Vehicles||20%|



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|summary ofthe financial|activities undertaken<br>by the c|harity is set out below:||
|---|---|---|---|
|||2023|2022|
|||g||
|Gross incoming<br>resources||698,132|619,537|
|Total expenditure<br>on charitable activities||(822,278)|(721,747)|
|Investment<br>costs<br>Governance<br>costs||(5,519)<br>~6950|(259)<br>~6170|
|Net incoming/(outgoing)|resources|(136,615)|(108,639)|
|Total funds brought<br>forward||3~87070|495709|
|Total funds carried forward||||
|Represented<br>by:||||
|Restricted income funds||||
|Unresnicted<br>income funds||2~50455|387070|
||||~3870|





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|he nuding results ofthe subsidia|ry<br>are summ|arised<br>below.|||
|---|---|---|---|---|
||||2023|2022|
|Turnover|||130,913|112,974|
|Cost ofsales and administration|costs||~54 103|~42495|
|Net profit|||76,810|70,479|
|Amount<br>gift aided to charity|||(81,080)|(83,494)|
|Taxation|||||
|Interest received|||4|12|
|Absorbed by subsidiary||||~130|
|The assets and liabilities ofthe subsidiary||were:|||
|Fixed assets|||49|121|
|Current assets|||111772|13,215|
|Current liabilities|||~22 13|~19386|
|Total net assets|||+{pig|~6050|
|Aggregate<br>share capital and reserves|||+{@lan|~6050|



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|Incoming resources from|charitab|le<br>activities|le<br>activities||||
|---|---|---|---|---|---|---|
|The income was primarily|from the|operation ofthe transport||services.|||
|||Unrestricted|Restricted||Total funds|Total funds|
|||funds||funds|2023|2022|
|||8||5|8|f|
|Grants||60,630|||60,630||
|Fares||64,996|||64,996|115,883|
|Council contracts||204,263|||204,263|137,024|
|Mersey link||284,535|||284,535|233,621|
|CJRS income||||||47,251|
|Profit on disposal offixed assets||~2500|||2500|2250|





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|||Unrestricted|Restricted|Total Funds|Total Funds|
|---|---|---|---|---|---|
|||Funds|Funds|2023|2022|
|||f||f|f|
|Direct charitable|activity|765,474||765,474|648,711|
|Support costs||58,699||58,699|75,262|
|||824,173||824,173|723,973|



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|Costs ofcha|ritab|le<br>activities b|y activity type||||
|---|---|---|---|---|---|---|
||||Activities||||
||||undertaken|Support|Total Fuads|Total Funds|
||||directly<br>f|costs<br>f|2023<br>f|2022<br>f|
|Direct charitable||activity|765,474|58,699|824,173|723,973|
|Governance|costs||||||
||||Unrestricted|Restricted|Total Fuads|Total Funds|
||||Funds|Funds|2023|2022|
|||||||f|
|Audit aud accountancy|||9,300||9,300|8,420|



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|Analysis ofstaff costs||||
|---|---|---|---|
|||2023f|2022|
|Salaries and wages||396454|359,503|
|Social security costs||27,454|23,333|
|Pension costs||~9024|9 173|
||||392009|
|No employee received remuneration|ofmore than f60,000.|||





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||during the|year was as follows:||||
|---|---|---|---|---|---|
|||||2023|2022|
|||||Number|Number|
||Charitable|activities||18|12|
||Management<br>and adminisnation|||2|4|
|||||26||
|14.|Movement|in total funds for the year||||
|||||2023|2022|
||This is stated atter charging:|||||
||Depreciation ofowned fixed assets|||65,126|61,574|
||Depreciation offixed assets held under hire purchase||agreements|25,333|12,600|
||Auditor's|remuneration:||||
||External audit|||9,300|8,420|
||Other|audit services||1,650|1,500|
||Other|services||1,114|2,919|



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|Tangible fixed assets —group||||||
|---|---|---|---|---|---|
|||Fixtures,||||
||Freehold|Fittings|4k|Motor||
||Property|Equipment||Vehicles|Total|
|||||g||
|Cost||||||
|At 1stApril 2022|158,437|124,964||843,099|1,126,500|
|Additions<br>Disposals||||102,708<br>~7750|102,708<br>~7750|
|At 31stMarch 2023||||||
|Depreciation||||||
|At 1stApril 2022|61,538|107,032||701,842|870,412|
|Charge for the year<br>Released on disposals|3,167|4,364||82,928<br>~7750|90,459<br>~7750|
|At 31stMarch 2023||||||
|Net book value||||||
|At 31stMarch 2023||||||
|At 31stMarch 2022||||141257|~25608|





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|Tangible lixed assets —Charit|y (continued)|||||
|---|---|---|---|---|---|
||||Fixtures,|||
||Freehold||Fittings<br>dr|Motor||
||Property||Equipment|Vehicles|Total|
|||K||||
|Cost||||||
|At 1stApril 2022|158,437||109,958|843,099|1,111,494|
|Additions<br>Disposals||||102,708<br>~7750|102,708<br>~7750|
|At 31stMarch 2023||||||
|Depreciation||||||
|At 1stApril 2022|61,538||92,147|701,842|855,527|
|Charge for the year|3,167||4,292|82,928|90,387|
|Released on disposals<br>At31"March 2023||||~7750|~7750|
|Net book value||||||
|At 31stMarch 2023||||||
|At 31stMarch 2022|~968|9|~111|141254|~25|



||At 31stMarch 2022<br>~968|At 31stMarch 2022<br>~968|9<br>~111|141254<br>|~25|
|---|---|---|---|---|---|
||The net book value ofassets held on hire purchase||at the year end was|f32,433 (2022:|Z6,533)|
||and the depreciation|charge for the year was f25,333(2022:f.12,600).||||
|17|Investment —Charity|||||
|||||2023|2022|
||Cost|||||
||At 31stMarch 2022,|1April 2022 and||||
||31stMarch 2023|||||
||Carrying<br>amount|||||
||At 31stMarch 2022,|1April 2022 and||||
||31stMarch 2023|||||





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|18.|Stocks||||||
|---|---|---|---|---|---|---|
||||Group||Charity||
||||2023|2022|2023|2022|
||||K||||
||Stocks||3~611|4501|3~611|4501|
|19,|Debtors||||||
||||Group||Charity||
||||2023|2022|2023|2022|
||||g||||
||Trade debtors||30,477|18,976|30,477|18,796|
||Amounts<br>due|from subsidiary|||||
||undertaking||||14,696|14,696|
||Other debtors||~10305|42 867<br>~4|~10305<br> ~|42 867<br>~359|
|20.|Creditors: amounts<br>falling due within one year||||||
||||Group||Charity||
||||2023|2022|2023|2022|
||Trade creditors||9,300|6,170|6,950|6,170|
||Other taxes and social security costs||12,113|9,389|8,113|6,849|
||Hire purchase|agreements|17,744|3,744|17,744|3,744|
||Other creditors|and accrnals|~42 134|30915|4~1043|28 765|
|||||||45 528|



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||||Group||Charity|Charity|
|---|---|---|---|---|---|---|
||||2023|2022|2023|2022|
|Hire purchase|agreements||51(}K|~13 5|61j}K|13508|
|There are no|amounts|falling due in more than five years in respect ofhire purchase||||agreements.|





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|Analysis o|funrestricted<br>fun|d movements|||||
|---|---|---|---|---|---|---|
|Group||Fund at 31u|Incoming|Resources||Fund at 31"|
|||March 2022|resources|expended|Transfers|March 2023|
|||||||8|
|General fund<br>Designated<br>fixed asset fund||296,611<br>~84408|747,969|(886,097)<br>~2753||158,483<br>~81655|
|Total|||||||
|Group||Fuad at31"|Incoming|Resources||Fund at31"|
|||March 2021|resources|expended|Transfers|March 2022|
|General fund<br>Designated<br>fixed asset fund||415,500|649,029|(767,918)<br>~2753||296,611<br>84408|
|Total|||||||
||||649029|~770 671|||



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|As at 31oMarch 2023|||||
|---|---|---|---|---|
|||Designated|||
|||Fixed|Restricted||
||General|Asset|Income||
||Fund|Fund|Funds|Total|
|Tangible fixed assets|1869682|81,655||268337|
|Cash at bank and in hand|69,796|||69,796|
|Other net current liabilities|(36,898)|||(36,898)|
|Creditors ofmore than one year|~61097|||~6109|
|As at 31"March 2022|||||
|||Designated|||
|||Fixed|Restricted||
||General|Asset|Income||
||Fund|Fund|Funds|Total|
|Tangible fixed assets|171,680|84,408||256,088|
|Cash at bank and in hand|122,313|||122,313|
|Other net current assets|16,126|||16,126|
|Creditors ofmore than one year|~13508|||~13508|
|||4408|||