Acting Chairrnan's Report 2023
Welcome to Tisbus AGM in this love hall in the heart of Tisbury.
The TISBUS management team are:
Gordon Sorenson Chairman
Anne Ralphs Secretary and Actlng Chalmian
Keith Walters Transport Manager
Chris Ewin Treasurer
Don McLaren Trustee
Martin Ryan Trustee
David Milas Coordinator
Susan Ladbrook minute tsker
The most obvious recent developmert for Tlsbus Ss that our Chalrnian, Gordon, has stepped back as
Chalrman at present because of ill-health. l am dolng my best to keep the show on the road, but, as I
now know better than ever, Gordon does a great deal of work for fsbus in his unassumln8 and
efflclentway. We thank him for his work and wish him well.
On a more cheerful note. fbuS has finally shrugged off all the limitations of Covid arKI is running its
full schedule of weekly shoppin8 trips and rnberg (Mrtings. We have a full list of outtngs for 2023
and welcome feedbock SQ that we can repeat the POPLtlar destinations. We dixuss the members,
outlngs at our monthty committee meetin8 and it would be very helpful if you could complete and
return the questionnaire at the end of the AGM papers so that can try to refiect your preferences
a5 we plan the outirfOr2O24.
Wlthout roadVrthY buses there would be no Tlsbus and we have Kelth to thank for the
maintenance and safety of the buses. He also introduces new drivers to the requlrements of drIng
Tlsbu5. Keith 8lves a monthly update on the state of the fleet and any necessary repairs and tests. His
annual report is included in the AGM papers and Keith wlll answer any questlons arising when he
presents his reporL
well as buses Tlsbus depends on drlvers. The Vdst majorlty are volunteers and all of us are gratsful
to them for 8p4in8 thelr tlme to Tlsbus. Not only thelr tlme bul as members attest, their
consideration in Small ways such as tsklng shopping to the front th)or of members. houses. We are
alway5 lookin8 for new drivers so. rf anyone know5 of anyone who might like to volunteer. please let
us know.
We are very fortunate to have Chris Ewin 3$ our treasurer. He, without fail, presents a monthly
financial report to the trustees keeping us abreast of the financial health of Tisbus which. happlly. Is
good. Chrfs wlll formally present hls annual report, a copy of whlch was In the AGM papers, to the
meeting and answer any que51N)Trs which members may have.
Martin and Don are kjng serving volunteers as fornier Treasurer and Secretary re$Ftivety. Martin
with his accounting knowledge and Don wtth his drivi and administrative expertise bring a depth of
experience to Ti5bus which help5 to deal with ary problerns which mwi arise swiftly and efficient.
Coordination is such an easy word to say but Eood coordlnatlon is harder to provide and absolutely
essential for the smooth running of an entsrprise like fistyjs. We are most fortunate to have Dave as
our coordinator. His quiet effictenvi and. on occasion. rapid response to changing arcumstanees
ensures, as far as Is humanly posslble, that Tlsbus pThides a ser¥ltr for members and prTrvate hl
dients. The latter are important incorre genewator5.
8u5es and drivers and trustees alone do Mt keep Msbus on the road. We rely on donations from
individuals and external organisations such as Wihs and Dorset County Councils. App.8 for the
relevant grants is Just one of the tasks carried out by Chris and without them Ti5bus would not be
viable. We are extremety grateful for any donations all of which help to keep fisbus going.
Last. but. of course, not least are the members. The whole polnt of Tisbus is to provide a Service
through shopping trips and enjoyment through rneMber outings. Perhaps most importantly of all
members can share time together and catch up on the local news. Their teklY presence at Waitr05e
on the shopplng run to Gllllngham has resulted in a tsble in the café being Set aside for the Tlsbus
members. We* your trustee5. are here to try to provide a relevant. helpful and enjoyable seThice to
our members. Your feedback helps us to do this. So. please let us know if you have any comments,
8¢x>d or bad to gulde us on for another year. In the meantime, enjoy Tlsbus and stty well.
Anne Ralphs
Acting Chairman
Profft and LO Acwmt for tho yoar •nd•d 31
34.708
25,357
(17.545)
(14.825)
17,183
10,532
(23.598)
(23,299}
Other OFwatsng IncoN
(8.435)
(l1,%n
Profft on the disp08al oftaryftAe I•d
{5.913)
{11,958)
(5,913) (11,958)
The Tlsbury and tX•lrkt Conxnunity Ilinikn Ltd
Registered numbw. 04014172 B
Shgot as at 31 Mar¢h 2023
2022
Tangibl8 8868ts
Curr•nt M••ts
3,8
Cash at WKI kn lond
.007
98216
2.198
(8.3(X)) (9.218} curnnl a•••t•
87,916
Total a•Ml• l••• ¢urr•nl
117,754
129.
aft•r morn th•n on• ymr
{12.(r25)
{18,324)
111,641
105,
111,641
sr•IN)Id•' fund•
111,641
an audlt under tIon 4T1 of Ihe CowiesArt 20(K.
Th8 dlrethr¥ their r•spcThitx'litKrys *y CUTplying wlth tho requIrents of th•
to ¢ompanles SUW to the srrAII regkn*. Tho wx)unt n(* been
CAEwln
lon $1nV24 •1tr0t
Chwher
Registered number 04014172
The Tisbury and District Community Minibus Ltd
Report and Accounts
31 March 2023
## **The Tisbury and District Community Minibus Ltd Report and accounts Contents**
||**Page**|
|---|---|
|Company information|1|
|Directors' report|2|
|Accountants' report|3|
|Profit and loss account|4|
|Balance sheet|5|
|Notes to the accounts|6|
## **The Tisbury and District Community Minibus Ltd Company Information**
## **Directors**
Christopher Ewin Donald McLaren Anne Ralphs Martin Ryan Gordon Sorensen Keith Walters
## **Secretary**
Anne Ralphs
## **Accountants**
Donohue Smith & Hartwell Ltd Chartered Certified Accountants 43 Fisherton Street Salisbury Wiltshire SP2 7SU
## **Registered office**
1 Ridgeway Chilmark Salisbury Wiltshire SP3 5BX
## **Registered number**
04014172
**Registered charity number** 1085583
1
**The Tisbury and District Community Minibus Ltd Registered number: 04014172 Directors' Report**
The directors present their report and accounts for the year ended 31 March 2023.
## **Principal activities**
The company's principal activity during the year continued to be that of a community minibus service.
## **Directors**
The following persons served as directors during the year:
Christopher Ewin Donald McLaren Anne Ralphs Martin Ryan Gordon Sorensen Keith Walters
## **Small company provisions**
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on ….................................. and signed on its behalf.
………………………………….
Christopher Ewin Director
2
## **The Tisbury and District Community Minibus Ltd**
## **Report to the directors on the preparation of the unaudited statutory accounts of The Tisbury and District Community Minibus Ltd for the year ended 31 March 2023**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Tisbury and District Community Minibus Ltd for the year ended 31 March 2023 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/.
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Donohue Smith & Hartwell Ltd Chartered Certified Accountants 43 Fisherton Street Salisbury Wiltshire SP2 7SU
…..................................
3
## **The Tisbury and District Community Minibus Ltd Profit and Loss Account for the year ended 31 March 2023**
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
Other operating income
**Operating loss**
Profit on the disposal of tangible fixed assets
Interest receivable
**Loss on ordinary activities before taxation**
Tax on profit on ordinary activities
**Loss for the year**|**2023**
**2022**
**£**
**£**
34,708
25,357
(17,545)
(14,825)
17,163
10,532
(23,598)
(23,299)
-
800
(6,435)
(11,967)
333
-
189
9
(5,913)
(11,958)
-
-
(5,913)
(11,958)|
|---|---|
4
## **The Tisbury and District Community Minibus Ltd Registered number:** 04014172 **Balance Sheet as at 31 March 2023**
|**Notes**
**Fixed assets**
Tangible assets
2
**Current assets**
Debtors
3
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
4
**Net current assets**
**Total assets less current**
**liabilities**
**Creditors: amounts falling due**
**after more than one year**
5
**Net assets**
**Capital and reserves**
Profit and loss account
**Shareholders' funds**|**2023**
**2022**
**£**
**£**
29,838
46,985
6,209
3,877
90,007
88,321
96,216
92,198
(8,300)
(9,218)
87,916
82,980
117,754
129,965
(12,025)
(18,324)
105,729
111,641
105,729
111,641
105,729
111,641|
|---|---|
|||
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
………………………………….
Christopher Ewin Director Approved by the board on …..................................
5
**The Tisbury and District Community Minibus Ltd Notes to the Accounts for the year ended 31 March 2023**
## **1 Accounting policies**
## _**Basis of preparation**_
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
## _**Turnover**_
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services, plus grants, donations and member subscriptions.
## _**Tangible fixed assets**_
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles
7 years straight line
## _**Debtors**_
Debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
## _**Creditors**_
Creditors are measured at transaction price (which is usually the invoice price).
## _**Provisions**_
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
## _**Leased assets**_
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
6
## **The Tisbury and District Community Minibus Ltd Notes to the Accounts**
**for the year ended 31 March 2023**
## **2 Tangible fixed assets**
|**2**
**Tangible fixed assets**|||
|---|---|---|
|**Cost**
At 1 April 2022
Disposals
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for the year
On disposals
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**3**
**Debtors**
Trade debtors
Value added tax
**4**
**Creditors: amounts falling due within one year**
Obligations under finance lease and hire purchase contracts
Trade creditors
Retained income (grant)
**5**
**Creditors: amounts falling due after one year**
Obligations under finance lease and hire purchase contracts
Prepayments|**2023**
**£**
1,565
3,854
790
6,209
**2023**
**£**
6,300
231
1,769
8,300
**2023**
**£**
12,025|**Motor**
**vehicles**
**£**
155,900
(35,873)|
|||120,027|
|||108,915
17,147
(35,873)|
|||90,189|
|||29,838|
|||46,985|
|||**2022**
**£**
900
2,393
584|
|||3,877|
|||**2022**
**£**
6,300
335
2,583|
|||9,218|
|||**2022**
**£**
18,324|
## **6 Other information**
The Tisbury and District Community Minibus Ltd is a charitable company limited by guarantee (registered charity number 1085583) and incorporated in England. Its registered office is: 1 Ridgeway Chilmark Salisbury Wiltshire SP3 5BX
7
## **The Tisbury and District Community Minibus Ltd Detailed profit and loss account for the year ended 31 March 2023**
_This schedule does not form part of the statutory accounts_
|**Turnover**
Cost of sales
**Gross profit**
Administrative expenses
Other operating income
**Operating loss**
Profit on the disposal of tangible fixed assets
Interest receivable
**Loss before tax**|**2023**
**2022**
**£**
**£**
34,708
25,357
(17,545)
(14,825)
17,163
10,532
(23,598)
(23,299)
-
800
(6,435)
(11,967)
333
-
189
9
(5,913)
(11,958)|
|---|---|
8
## **The Tisbury and District Community Minibus Ltd Detailed profit and loss account for the year ended 31 March 2023**
_This schedule does not form part of the statutory accounts_
|**Turnover**
Hirings
Fare receipts
Bus Service Operators Grant
Wiltshire County Council Community Grant income
Concessionary fares - Dorset County Council
Concessionary fares - Wiltshire County Council
Clouds private hire
Trip income
Donations received
Christmas meal income
Members' fees (subscriptions)
Grant release
**Cost of sales**
Drivers' costs
Bus insurance
Bus road tax
Bus fuel
Routine maintenance and repairs
Bus sundry expenses
Christmas meal costs
**Administrative expenses**
General administrative expenses:
Telephone and fax
Stationery and printing
Insurance
Co-ordinator costs
Subscriptions
Software
Depreciation
Sundry expenses
Legal and professional costs:
Accountancy fees
**Other operating income**
Other operating income|**2023**
**2022**
**£**
**£**
9,604
5,914
218
276
1,063
1,063
7,750
7,750
1,524
1,292
5,138
5,634
2,835
-
2,889
984
1,673
1,360
840
-
360
270
814
814
34,708
25,357
2,210
868
3,873
4,638
242
330
4,682
2,710
4,448
4,454
1,529
1,825
561
-
17,545
14,825
154
216
344
650
465
456
3,213
2,972
(40)
-
114
143
17,147
17,147
529
201
21,926
21,785
1,672
1,514
1,672
1,514
23,598
23,299
-
800|
|---|---|
9