Company registration number.. 03961606
Charity registration number-. 1082544
TRIP Community Transport Association
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
WESTCOTTS
CHAR TEREO ACCOUNTANTS
& aUSlNESS ADVISERS

TRIP Community Transport Association
Contents
Reference and Administrative Details
Trustees. Report
2to5
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
8t09
Notes to the Financial Statements
10t025

TRIP Community Transport Association
Reference and Administrative Details
Chairman
Ms M Newman
Trustees
Mr C M Fowler
Mr S M Brownridge
Ms M Newman
Mr M Harwood
Mrs V F Royal
Mr A G Antoniou
Ms J Flahety
Mr D Barrow
Secretary
Ms C Barrow
Charity Registratlon Number
1082544
Company Registration Number 03961606
The charity is incorporated in England and Wales.
The Annex, Honiton Surgery
Marlpits Lane
Honiton
Devon
EX14 2NY
Registered Office
Independent Examlner
Westcotts {SW) LLP
Independent examiner
Queens House
4244 New Street
Honiton
Devon
EX14 1BJ
Page 1

TRIP Community Transport Association
Trustees. Report
The trustees, who are directors for the purposes of company law, present the annual report together
th the financial statements of the charitable company for the year ended 31 March 2024.
Objectives and activities
The principal activity of the company was that of providing non-profit community transport services.
The objects of the charity shall be to provide transport and transport information, a befriending service
offering advocacy, advi￿ and information and community based activities including the provision of
social care to the residents of Devon with particular focus on Honiton and its surrounding parishes
who have a need because of age, mental or physical disability, or poverty, and in particular but not as
to limit the generality of the foregoing..
(a) to provide non-profit community transport services..
(bl to assist the charitable work of organisations and bodies engaged in promoting the relief of such
persons through the provision of appropriate service.. and
Ic) to ensure, to the best of our abilities, that the transport, mobility need and associated support
service requirements of the elderly, frail, disabled, socially excluded and rurally isolated, located in the
area of benefit, to obtain health and social care are met.
Public benefit
The trustees confirm that they have complied wth the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by Ihe Charity Commission for
England and Wales.
Achievements and performance
There has been great improvement this past financial year in managing our finances since Novemter
2023 ￿en the slow turn around began.
The losses from the previous year were stabilised by curtails and economies of scale.
The charity expected to be in profit by mid 2024 thich is has come to fruition.
The charity has achieved growth in users from Voluntary Car users to Ring and Ride outings and
Befriending numbers with better-than-expected increases
Sales are up and passenger numbers are holding at present.
This bodes well for the future operations.
Financial review
During the year the charity received income of £254,049 (2023.. £330,616) and incurred expenditure
of £314,150 {2023.' £486.359) resulting in a deficit for the year of £60.101 (2023.. £155,743). Reserves
carried forward at the year end totalled £106,52712023. £166,628).
Page 2

TRIP Community Transport Association
Trustees. Report
Policy on rnsernes
The Trustees aim to ensure that the equivalent of a minimum of 25 % of the charity's annual running
costs are available via its Free Reserves" which are £33,528 (2023: £56,775). Total expenditure in
the year was approximately £314,000,12023: £486,000)
Should reseNes fall (or indicate that they may fall) below 250/0 the trustees WTII prioritise efficiency
savings and fundraising to ensure that the minimum levels are met.
Should the charity's reserves exceed 350/0 of the annual running costs, the Trustees will consider the
priorities for the charity and invest such additional reserves for the benefit of its beneficiaries.
Plans for future periods
The current financial situation has come about due to the steps taken to get control back of
expenditure against income.
Trip wll be moving on the 1 April 2024 to new premises up at the Honiton Surgery which we believe
will increase our visibility and subsequently our turn over.
In April 2023 our new fees showed that we were on the right track and our fee structure was better
placed lo meet the financial commitments required to continue providing services to the community.
Currently we are in a positive financial position in terms of accounts This is due to stringent f inancial
controls and no spending is authorised wthout knowledge of there funds will be derived from to pay
for the expenses.
It is anticipated that the year 202312024 will be a change into a profitable period and cashflows are
identified to ensure a positive outcome in bank balance.
Structure, governance and management
Nature of goveming document
The organisation is a charitable company limited by guarantee (No. 039611606), incorporated on 31
March 2000.
The charity is registered with the Charity Commission {No. 1082544) and its principal address is The
Annex, Honiton Surgery, Marlpits Lane, Honiton, Devon, EX14 2NY.
The company was established under a Memorandum of Association dated 31 March 2000, as
amended by a special resolution dated 2 June 2006, that established the objects and powers of the
charitable company and is governed under its Articles of Association.
Page 3

TRIP Community TransportAssociation
Trustees. Report
Recruitment and appointment of trustees
The charity is managed by a management committee who shall be Charity Trustees wthin the
meaning of the Charities Act. The committee consists of no less than 8 members or more than 15
members. which include honorary officers (the charity's trustees).
The committ* may in addition appoint not more than 5 coopted members providing that the number
of co-opted members shall not exceed one third of the total memkership of the committee. Co-opted
members shall not hold their office until the following AGM.
The committee may invite any person to attend its meetings as an observer but without the power to
vote.
All committ& members, including officers shall retire annually and be eligible for re-election at the
AGM.
Nobody shall be appointed as a member of the committ& who is under 18 years of age or whose
appointment would be disqualified under the provision of the following clause. No persons shall be
entitled to act as a member of the committee until after signing a declaration of acceptance of
Ilingness to act in the trusts of the charity.
Statement of trustees. responsibilities
The trustees (who are also the directors of TRI P Community Transport Association for the purposes
of company lawl are responsible for preparing the trustees. report and the financial statements in
accordance wth applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), including FRS 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to..
select suitable accounting policies and apply them consistently.,
observe the methods and principles in the Charities SORP.,
make judgements and estimates that are reasonable and prudent.,
state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements.. and
prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply wth the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the rna1ntenan￿ and integrity of the corporate and financial
information included on the charitable company's website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Page 4

TRIP Community Transport Association
Trustees. Report
The annual report was approved by the trustees of the charity on w.l.Ixl3Lh and signed on its
behalf by:
Ms M Newman
Chairman and trustee
Mr D Barrow
Trustee
Page 5

TRIP Community Transport Association
Independent Examinerfs Report to the trustees of TRIP Community Transport
Association ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 2024.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you
are responsible for the preparation of the accounts in accordance wth the requirements of the
Companies Act 2006 ('the 2006 Act'i.
Having satisfied myself that the accounts of the Company are not required to be audited under Part
16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination
of your charity's accounts as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,).
In carrying out my examination I have followed the Directions given by the Charity Commission under
section 145(5}Ib) of the 2011 Act.
Independent examiner's statement
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination
because l am a member of Westcotts (SW) LLP, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of TRIP Community Transport Association 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 wth the accounting requirements of *ction 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 IFRS 102)]
I have no concerns and have come across no other matters in connection wth the examination to
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Mr N Smy ACA
Independent examiner
Westcotts (SWI LLP
Queens House
42-44 New Street
Honiton
Devon
EX14 1BJ
Date....l.c. l.lxlx
Page 6

TRIP Community Transport Association
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Other income
78,427
139,943
15,350
671
7,445
12,213
90,640
139,943
15,350
671
7,445
166,588
120,575
43,101
262
90
Total income
241,836
12,213
254,049
330,616
Expenditure on:
Raising funds
Charitable activities
Other expenditure
(18,208)
(250,932)
(18.208>
(295,942)
(37,219)
(448,5111
629
(45,010}
10
Total expenditure
269,140
45,010
(314,150
486,359
Net expenditure
Transfers between funds
127,304)
{32,765}
(32,797)
32,765
{60,101)
{155,743)
Net movement in funds
(60,069)
(32)
(60,101)
(155,743)
Reconciliation of funds
Total funds brought forward
149,756
16,872
166,628
322,371
Total funds carried fowdrd 23
89,687
16,840
106,527
166,628
All of the charitls activities derive from continuing operations during the above two periods.
The funds breakdown for 2023 Is shown in note 23.
The notes on pages 10 to 25 fomi an integral part of these financial statements.
Page 7

TRIP Community Transport Association
(Registration number: 03961606)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangible assets
17
60,070
98,204
Current assets
Stocks
Debtors
Cash at bank and in hand
18
19
20
3,600
31,684
22,912
3,600
20,473
53,817
58,196
77,890
Creditors: Amounts falling due within one year
21
11,739)
9,466
Net current assets
46,457
68,424
Net assets
106,527
166,628
Funds of the charity:
Restricted income funds
Restricted funds
16,840
16,872
Unrestricted income funds
Unrestricted funds
89,687
149,756
Totsl funds
23
106,527
166,628
For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors, responsibilities..
The members have not required the charity to obtain an audit of its accounts for the year in
question in accordance with section 476., and
The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime wthin Part 15 of the Companies Act 2006.
The notes on pages 10 to 25 form an integral part of these financial statements.
Page 8

TRIP Community Transport Association
(Registration number: 03961606)
Balance Sheet as at 31 March 2024
The financial statements on pages 7 to 25 were approved by the trustees, and authorised for issue on
Lt.l.kll¥ and signed on their behalf by:
Ms M Newman
Chairman and trustee
Mr D Barrow
Trustee
The notes on pages 10 to 25 form an integral part of these financial statements.
Page 9

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Mrs V Royle undertakes to contribute such amounts as may be required not
exceeding £1 to the assets of the charitable company in the event of its being wound up while she is a
member, or within one year after she ceases to be a member.
The address of its registered Offi￿ is..
The Annex, Honiton Surgery
Marlpits Lane
Honiton
Devon
EX14 2NY
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless othewse
stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Acl 2006.
Basis of preparation
TRIP Community Transport Association meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwFse
stated in the relevant accounting policy notes.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
the charity.
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
Page 10

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable Ljnder the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, wll rarely
equal the related actual outcome.
Income and endowments
Ail income is included in the statement of financial activities then the charity is entitled to the income,
any performan￿ related conditions attached have been mel or are fully within the control of the
charity, the income is considered probable and the amount can be qualified with reasonable accuracy.
The following specific policies are applied to particular categories of income..
Donations and legacies
Donations and legacy income is received by way of donations, legacies, grants and gifts and is
included in full in the Statement of Financial Activities when receivable. Legacies are included when
the charity is advised by the personal representative of an estate that payment will be made or
property transferred and the amount involved can be quantified. Grants, where entitlem ent is not
Conditional on the delivery of a specific performanTr by the charity, are recognised when the charity
becomes unconditionally entitled lo the grant.
Grants receivable
Granls, where entitlement is not conditional on the delivery of a specific performance by the charity,
are recognised when the charity becomes unconditionally entitled to the grant.
Charitable activities
Income generated from the provision of transportation seNices is included in the Statement of
Financial Activities when the service has been provided and the entitlement to the income is earned.
Investment income
Investment income is included when receivable.
Expenditure
Expenditure is recognised on an accruals basis as a liability incurred. Expenditure includes any VAT
vhich cannot be fully recovered, and is reported as part of the expenditure to which it relates..
Raising funds
Costs of raising funds comprise the costs associated with attracting donations, grants and legacies
and the costs of trading for fundraising purposes.
Page11

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Other expenditure
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor
part of its expenditure on charitable activities.
Govemance costs
These include the costs attributable to the charity's Complian￿ wtth constitutional and statutory
requirements, including audit, strategic management and trustees meetings and reimbursed
expenses.
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore il meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tanglble flxed assets
Tangible fixed assets are stated at cost less accumulated depreciation
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class
Equipment and vehicles
Depreciation method and rate
25 % reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purpose of impairment testing, then it is not possible to estimate the recoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to
which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that
includes the asset and generates cash inflows that largely independent of the cash inflows from other
assets or groups of assets.
Page 12

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
stock
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Costs includes all costs of purchases, costs of conversion and other costs incurred in bringing the
stock to its present location and condition.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted funds are donations and other incoming resources receivable or generated for the
objects of the charity without further specific purpose and thich the charity may use for its purpose at
its discretion.
Designated funds are represented by the book value of the minibuses that ar e required to be held to
provide the charitable activities of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through
the terms of an appeal.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme ￿lch is a pension plan under which
fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for servi￿, the excess is
recognised as a prepayment
Financial instruments
A financial asset or a financial liability is recognised only then the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs, unless the arrangement constitutes a financial transaction, where it is
recognised at the present value of the future payments discounted at a market rate of interest for a
similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Page 13

TRIP Community TransportAssociation
Notes to the Financial Statements for the Year Ended 31 March 2024
3 Income from donations and legacies
Unrestricted
funds
General
Restricted
funds
Total
2024
Donations and legacies-
Donations from individuals
78,427
12,213
12,213
90,640
78,427
90,640
Unrestricted
funds
General
Restricted
funds
Totsl
2023
Donations and legacies.,
Donations from individuals
77,075
89,513
166,588
166,588
77,075
89,513
4 Income from charitable activities
Unrestricted
funds
Ganeral
Total
2024
Contracts and other services
Shopmobility
137,960
1,983
139,943
137,960
1,983
139,943
Unrestricted
funds
General
Total
2023
Contracts and other services
Shopmobility
117,807
2,768
117,807
2,768
120,575
120,575
Page 14

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Income from othertrading activities
Unrestricted
funds
General
Total
2024
Trading income;
Sale of disability aids, scooters and scooter repairs
Events income.,
Fundraising events
14,776
14,776
574
574
15,350
15,350
Unrestricted
funds
General
Totsl
2023
Trading income",
Sale of disability aids, scooters and scooter repairs
Events income,
Fundraising events
39,103
39,103
3,998
3,998
43,101
43,101
6 Investment income
Unrestricted
funds
General
Totsl
2024
Interest receivable and similar income.,
Bank interest receivable
671
671
671
671
Unrestricted
funds
General
Total
2023
Interest receivable and similar income.,
Bank Interest receivable
262
262
262
262
Page 15

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
7 Other income
Unrestricted
funds
General
Total
2024
Sundry receipts
Gains on sale of tangible fixed assets for charitls own use
172
7,273
172
7,273
7,445
7,445
Unrestricted
funds
General
Total
2023
Sundry receipts
90
90
8 Expenditure on raising funds
a) Costs of trading activities
Unrestricted
funds
General
Totsl
2024
Note
Purchases (adjusted for stock)
18,208
18,208
18,208
18.208
Unrestricted
funds
General
Total
2023
Note
Purchases adjusted for stock
37,219
37,219
37,219
37,219
Page 16

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
9 Expenditure on charitable activities
Expenditure on charitable activities by activity type
Unrestricted funds
Designated
General
Restrlcted
funds
Total
2024
Note
Contracts and other
services,
shopmobility and
weekends away
Allocated support
costs
18,720
133,543
43,012
195,275
98,669
1,998
100,667
18,720
232,212
45,010
295,942
Unrestricted funds
Designated
General
Restricted
funds
Total
2023
Note
Contracts and other
services,
shopmobility and
weekends away
Allocated support
costs
30,996
130,351
66,512
227,859
63,437
193,788
157,215
223,727
220,652
448,511
30,996
Expenditure on charitable activities by activity type
Activity
undertaken
directly
Activity
support
costs
2024
Contracts and other services, shopmobility and
weekends away
Governance
195,275
96,238
4,429
291,513
4.429
195,275
100,667
295,942
Activity
undertaken
directly
Activity
support
Costs
2023
Contracts and other services, shopmobility and
weekends away
Governance
227,859
212,900
7,752
440,759
7,752
227,859
220,652
448,511
Page17

TRIP Community TransportAssociation
Notes to the Financial Statements for the Year Ended 31 March 2024
In addition to the expenditure analysed above, there are also governance costs of £4,429 {2023
£7,752) which relate directly to charitable activities. See note 11 for further details.
10 Other expenditure
Totsl
2024
Total
2023
Note
Bad debts
629
629
11 Analysis of governance and support costs
Governance costs
Unrestricted
funds
General
Total
2024
Independent examiner fees
Examination of the financial statements
Legal fees
2,735
1,694
2,735
1,694
4,429
4,429
Unrestricted
funds
General
Total
2023
Independent examiner fees
Examination of the financial statements
Legal fees
2,565
5,187
7,752
2,565
5,187
7,752
Page 18

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
12 Net incomingloutgoing resources
Net outgoing resources for the year include..
2024
2023
Profit on disposal of tangible fixed assets
Depreciation of fixed assets
17,273)
20,032
32,739
13 Trustees remuneration and expenses
No trustees, nor any persons connected wth them, have received any remuneration from the charity
during the year.
During the year expenses of £121 (2023.. £1,654) were reimbur*d to trustees. Volunteer expenses of
£47 {2023.' £174) were paid to one trustee {2023.' trustees). No trustees 12023.. two) supplied
services to the charity to the value of £nil (2023.. £3,292}. All transactions were undertaken on normal
market terms.
14 Staff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
164,197
4,184
5,221
236,753
8,639
7,618
173,602
253,010
The monthly average number of persons (including senior management I leadership team) employed
by the charity during the year was as follows..
2024
No
2023
No
Trustees
Support staff
Drivers
12
20
24
No employee received emoluments of more than £60,000 during the year.
Page 19

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
15 Independent examiner's remuneration
2024
2023
Examination of the financial statements
2,735
2,565
Page 20

TRIP Community TransportAssociation
Notes to the Financial Statements for the Year Ended 31 March 2024
16 Taxation
The charity is a registered charity and is Iherefore exempt from taxation.
17 Tangible flxed assets
Equipment
and vehicles
Total
Cost
At 1 April 2023
Additions
Disposals
369,029
6,625
93,791
369,029
6,625
93.791
At 31 March 2024
281,863
281,863
Depreciation
At 1 April 2023
Charge for the year
Eliminated on disposals
270.825
20,032
69,064
270,825
20.032
69,064
At 31 March 2024
221,793
221,793
Net book value
At 31 March 2024
60,070
60,070
At 31 March 2023
98,204
98,204
18 Stock
2024
2023
Stocks
3,600
3,600
19 Debtors
2024
2023
Trade debtors
Prepayments
Other debtors
11,161
11,513
340
8,620
20,523
31.684
20,473
20 Cash and cash equivalents
2024
2023
Cash at bank
22,912
53,817
Page 21

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
21 Creditors: amounts falling due within one year
2024
2023
Trade creditors
Accruals
6,462
5,277
5,341
4,125
11,739
9,466
22 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £5,221 (2023
£7,618.
23 Funds
Balance at
1 April
2023
Balance at
31 March
2024
Incoming Resources
resources
expended
Transfers
Unrestricted funds
General
Community transport
Designated
Minibus fleet
56,775
241,836
(250,420)
(14,663)
33,528
92,981
18,720)
18,102
56,159
Total unrestricted funds
149,756
241,836
269,140)
32,765
89,687
Restricted funds
Purchase of repla￿ment
vehicles
Befriending project
Befriending project-
laptop and mobile
telephone
Electric bus
Stronger community
4,792
4,792
12,213
(42,568)
30,355
(32)
22
12,026
12,026
2,410
2,410
16,872
12,213
45,010
32,765
16,840
Totsl funds
166,628
254,049
314,150
106,527
Page 22

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
Balance at
1 April
2022
Balance at
31 March
2023
Incoming Resources
resources
expended
Transfers
Unrestricted funds
General
Community transport
117,207
241,103
(231,636)
(69,899)
56,775
Designated
Minibus fleet
123,977
{30,996)
92,981
Total unrestricted funds
241,184
241,103
262,632)
(69,8991
149.756
Restricted funds
Purchase of replacement
vehicles
Befriending project
Befriending project-
laptop and mobile
telephones
Winter friendship group
stairlifts
Home sitting service
Covid fund
Operation Rudolph
Food Hub
Electric Bus
Community Care
New telephone system
Community Renewal
DEVA Isolation
Equipment for vehicles
Stronger Community
SCT hospital release
4,792
25,096
4,792
10,946
(36,253)
211
98
334
130
8,200
5,543
2,075
3,640
12,026
13,552
550
2,575
(421
{364)
{130)
(8,439)
{11,996)
(3,772)
{16,128)
54
30
239
180
6,273
1,697
9,749
2,739
12,026
1,950
(16,055)
1550)
(87,086)
{9,420)
(2,5781
{15,036)
(15,878
223,727
553
19,922
8,713
64,589
707
2,578
14.583
15.650
453
228
81,187
89,513
69,899
16,872
Totsl funds
322,371
330,616
486,359
166,628
Page 23

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
The specific purposes forwhich the funds are to be applied are as follows..
Unrestricted funds:
To provide and maintain non profit community transport services.
Designated funds-.
To recognise the fleet of minibuses that are held by the charity.
Restricted funds..
Funds received from various grant providers and donors towards the cost of purchasing new mini
buses.
Funds held to provide'befriending, training to volunteers.
Funds received from DCC to provide a laptop and mobile telephone Servi￿ for the Befriending
project.
Funds received from DCC and other donors to fund the Winter Friendship Group project.
Funds received from donors towards the costs of stairlifts.
Funds received from donors to￿ardS the costs of an electronic display screen.
Funds received from Devon Carers towards the costs of providing the Home Sitting Servi￿.
Funds received from donors towards costs associated with Covid 19.
Funds received from donors towards the costs of Christmas presents and lunches.
Funds received from donors towards the costs of meals.
Funds received from the donors towards the costs of a new electric bus.
Funds received from donors towards the costs of providing Community care.
Funds received from grant providers towards the costs of a new telephone system.
Funds received from grant providers towards the costs of community renewal.
Funds received from the NHS towards the costs of DEVA Isolation.
Funds received from DCC toward s the costs of equipment for vehicles.
Funds received from grant providers towards the costs of stronger community.
Funds received from Royal Devon University Healthcare Trust towards the costs of SCT hospital
release.
24 Analysis of net assets between funds
Total funds
at 31 March
2024
Unrestricted funds
General
Designated
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
3,817
41,450
11,739}
33,528
56,159
94
16,746
60,070
58.196
(11,739
Total net assets
56,159
16,840
106,527
Page 24

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2024
Total funds
at 31 March
2023
Unrestricted funds
General
Designated
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
5,097
61,144
9,466
92,981
126
16,746
98,204
77,890
9,466
Total net assets
56,775
92,981
16,872
166,628
25 Related party transactions
There were no related party transactions in the year.
Page 25