## **US in a BUS**
## **(A company limited by guarantee)**
## **REPORT AND FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31[ST] MARCH 2024**
## **Charity Registration Number: 1088570**
**Company Number 04207000**
Crilly and Co Wyvern House 1 Church Road Great Bookham Surrey KT24 3PD
## **US in a BUS**
## **CONTENTS OF THE TRUSTEES’ REPORT AND FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31[ST] MARCH 2024**
||Page|
|---|---|
|Legal and administrative information|1|
|Report of the Trustees|2|
|Independent Examiner’s Report|7|
|Statement of Financial Activities|9|
|Balance Sheet|11|
|Notes to the Financial Statements|13|
___________________________________________________________________________
## **US in a BUS**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **FOR THE YEAR ENDED 31[ST] MARCH 2024**
## **DIRECTORS, TRUSTEES AND COUNCIL MEMBERS**
Douglas Bennett Chairperson Francesca Arocas Resigned 10/10/2024 Jon Dadswell Appointed 28/03/2024 Nigel Jackson Aleksandra Malanska Appointed 27/09/2023 Kenneth McRae Toby Wells Resigned 27/09/2023
**SECRETARY**
**CHIEF EXECUTIVE**
**TREASURER**
Colin Medway Victoria Goody Colin Medway
**REGISTERED OFFICE AND OPERATIONAL ADDRESS**
## **REPORTING ACCOUNTANT**
Redhill Aerodrome Kings Mill Lane Redhill Surrey RH1 5JY Crilly and Co Wyvern House 1 Church Road Great Bookham Surrey KT24 3PD
## **BANKERS**
CAF Bank Limited Kings Hill West Malling Kent ME19 4TA
Page 1
## **US in a BUS**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
## ___________________________________________________________________________
The trustees present their report and the financial statements for the period ended 31[st] March 2024.
## **STATUS**
The charity is a charitable company limited by guarantee, governed by its Memorandum and Articles of Association. The company was incorporated on 27[th] April 2001 and registered as a charity on 1[st] October 2001. The company took over the assets and liabilities of Us in a Bus, an unincorporated charity, on 1[st] October 2001 and commenced activities from that date.
## **BOARD OF TRUSTEES**
## **Chairperson’s Report**
Reflecting on the year ending March 2024, I am both proud and inspired by the resilience and innovation demonstrated by Us in a Bus. The past year has seen the organisation navigate a post-pandemic landscape, adapting to new challenges while seizing opportunities to grow and extend our reach. Our collective success is a testament to the commitment and expertise of our dedicated team, the steadfast support of our Trustees, and the unwavering confidence of our donors and partners.
## **Adapting to Changing Times**
We began the year with the remnants of COVID-19 protocols still influencing our operations, such as regular LFT testing before home visits. However, as these restrictions eased, our team transitioned smoothly, showcasing remarkable adaptability and determination. This resilience enabled us to maintain our high standards of service delivery while safeguarding the well-being of both staff and the communities we serve.
## **Fundraising and Financial Sustainability**
The fundraising landscape in 2023-24 posed significant challenges, with many trusts and foundations tightening their criteria and budgets. Despite these constraints, Us in a Bus demonstrated its resourcefulness by diversifying its fundraising strategies. Notable successes included the inaugural swim event, where 10 dedicated participants collectively swam the equivalent distance of crossing the Channel and back, raising over £5,000. Our Winter Wander half marathon, which saw 39 enthusiastic walkers traverse the scenic route from Putney to Richmond, also generated nearly £5,000.
We were particularly moved by the generosity of an anonymous donor whose contribution of £30,000 played a pivotal role in sustaining our activities. Such acts of kindness, combined with our team’s proactive engagement with local events and partnerships, underscore the trust and belief placed in our mission.
Page 2
## **US in a BUS**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
___________________________________________________________________________
## **Operational Achievements and Growth**
The demand for our Intensive Interaction services remained high throughout the year, reflected in a maintained waiting list due to recruitment challenges. Nevertheless, Us in a Bus successfully expanded into Sussex and embarked on a significant project within Haringey’s nursery sector. These milestones underscore our commitment to broadening our impact and reaching more individuals who can benefit from our services.
The introduction of two trainee practitioners into our team brought fresh perspectives and energy. To align with the National Living Wage changes, adjustments were made to support their professional development. Additionally, we navigated the financial pressures brought on by increased operational costs in central London due to new ULEZ charges, mitigating these by acquiring two new, compliant vehicles.
## **Board and Leadership Developments**
Our Board of Trustees continued to play a vital role in steering Us in a Bus forward. During the year, we said farewell to Trustee Toby Wells and extended our heartfelt thanks for his contributions. We also warmly welcomed Aleksandra Malanska (Ola) to the Board, whose insights and expertise have already proven valuable. Moreover, we strengthened our management capacity by appointing Trina Pearse as our part-time Fundraising and Events Manager. Her impact has been significant, contributing to the sustained vibrancy of our fundraising efforts.
## **A Collective - Thank You**
None of this would have been possible without the relentless efforts of our exceptional team. Their creativity, commitment, and boundless energy continue to be the driving force behind Us in a Bus’s success. The overwhelmingly positive feedback we receive from the homes and individuals we visit is a testament to their hard work and dedication.
As we look forward to the year ahead, the Board of Trustees and I remain optimistic and motivated. With a strong foundation, supportive partners, and an inspiring team, we are ready to embrace new opportunities and build on our achievements to enrich even more lives across Surrey, London, and Sussex.
Thank you to everyone who played a part in making this year an outstanding one. Together, we look forward to continuing our vital work and making an even greater impact in the years to come. Doug Bennett Chair of the Board of Trustees Us in a Bus
Page 3
**US in a BUS**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
___________________________________________________________________________
## **AIMS AND OBJECTIVES**
This charity’s purposes as set out in the objects contained in the company’s memorandum of association are:
(i) To relieve people who have severe learning and/or multiple disabilities by providing or assisting in the provision of leisure time activities for such persons with the object of improving their condition of life
(ii) To advance public education concerning the needs of such people who have severe learning and/or multiple disabilities
## **PUBLIC BENEFIT**
The people who benefit from the Us in a Bus service are those with severe learning and/or multiple disabilities who can be “difficult to reach”. Although we work with a wide range of people who have profound learning difficulties and complex needs, our aim with each of our service users is the same: we believe that each of us should have the opportunity to discover more about ourselves and to express our emotions and creativity. We explore this with our service users through the relationships we build together, ensuring that those relationships are based on trust, respect and shared experiences.
Us in a Bus specialises in finding “ways in” with people who are otherwise very isolated. We spend relaxed time with people, aiming to create a safe and respectful space for people to be heard, valued and understood. Through careful observation we learn how people express themselves, find ways of communicating together, trying out various activities and interactions, encouraging people to develop their sociability and communication abilities.
To achieve its objectives, the charity provides Interactive Sessions to people living across Surrey, Hampshire, Middlesex and London. It also provides training courses for professionals in the field and consultancy services for agencies providing care and support for people with profound and multiple learning disabilities. These consultancy and training services can be delivered anywhere in the UK and Europe. Further detail on these areas is provided below.
## **HIGHLIGHTS FROM THE YEAR**
## **CHIEF EXECUTIVE OFFICER – VICTORIA GOODY**
## **Chief Executives Report**
This Annual Report covers the period 1[st] April 2023 to 31[st] March 2024.
The year April 2023 to March 24 was an exciting year in many respects for Us in a Bus. We started the year still doing LFT testing regularly before we went into homes, but those last restrictions from COVID ebbed away over the months, to our relief.
In terms of fundraising, it was a challenging year as many Trusts and foundations tightened their belts and their criteria. We continued to diversify our fundraising, with additional efforts into events and local fundraising. We ran a swim event for the first time – with 10 swimmers swimming the distance to France and back between them, raising over £5,000 for their exceptional efforts. We
Page 4
## **US in a BUS**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
___________________________________________________________________________
held our biannual half marathon Winter Wander, walking from Putney to Richmond with 39 walkers and raising nearly £5,000 for the event. In addition to this, we had a £30,000 anonymous donor for which we were exceptionally grateful. We continued to showcase our work with visitors, people on work experience and professional development days. We were delighted to welcome Michael MoreMolyneux, Lord Lieutenant of Surrey to observe a session and visit our offices in March 2024.
Throughout much of the year, we operated a waiting list as we struggled to hire experienced new staff. Despite this, we managed to expand into Sussex and to deliver an on-going project in Haringey within a group of nurseries. The changes for driving vans and older cars in central London increased our costs quite considerably, and we purchased 2 new cars in the period to remove the requirement to pay ULEZ charges. We had 2 trainee practitioners during the year, contributing to our team. We made small changes for Trainees to adapt to the National Living Wage changes during the year.
Our team continues to be central to everything we do. Trustee Toby Wells stood down during the year and we thank him for his support. Aleksandra Malanska (Ola) joined the Board, and we are very pleased to welcome her. We were pleased to appoint Trina Pearse to the Management team in her new role as Fundraising and Events Manager (part time). I’d like to thank all the team for a wonderful year with a very high level of feedback from the homes we visit and the people we see. Our team are creative and committed, energetic and engaged. We could not deliver high quality Intensive Interaction to Surrey, London and Sussex without them.
Thank you everyone.
Victoria Goody Chief Executive
## **FINANCIAL RESULTS**
The net incoming resources for the period amounted to £303,980. Total expenditure amounted to £315,242. The charity produced a deficit of £11,262 for the 12-month period.
## **RISK MANAGEMENT**
The major risks to the charity are identified as: a. loss of income from sessions
- b. loss of key staff members
- c. loss of income from training
- d. loss of income from donors and other income streams, including major donors
- e. the cost of covering long term sick leave
The charity continues to mitigate the first of these risks by extending its training and consultancy programme to increase income and diversify income streams. Us in a Bus continues to designate funds as a contingency against long term sick leave. The threats to funding across the public sector continue to give rise to a risk. We mitigate this risk by maintaining strict price controls, delivering an excellent service and constantly searching for new income streams. Us in a Bus continues to review potential risk on a regular basis.
Page 5
## **US in a BUS**
## **TRUSTEES’ REPORT**
## **FOR THE YEAR ENDED 31[st] MARCH 2024**
___________________________________________________________________________
## **RESERVES POLICY**
The charity recognises the need to establish an unrestricted reserve fund of at least three months’ running costs, in addition, as the COVID pandemic has illustrated we need to be able to deal with unexpected and detrimental changes that are beyond our control. However, we have also needed to make investments to rebuild and reinstate the capacity and the quality of the services that we provide as well as to provide an appropriate and efficient office environment. This year we have been able to increase our General Reserve Fund at the end of this period by £7,468 and the General Reserve Fund now stands at £200,674. The trustees continue to consider ways in which these funds will be utilised and enhanced to achieve Us in a Bus’s strategic objectives and maintain the necessary level of reserves.
## **RESPONSIBILITIES OF THE BOARD OF TRUSTEES**
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the trustees should follow best practice and:
- select suitable accounting policies and then apply them consistently.
- make judgements and estimates that are reasonable and prudent.
- prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis.
The Board of Trustees is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Board of Trustees is 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.
## **REPORTING ACCOUNTANTS**
The directors appointed Crilly and Co as reporting accountants to the company.
Approved by the Board on the 18[th] December 2024.
And signed on its behalf by:
Douglas Bennett Chair of Trustees
Page 6
## **Us in a BUS**
## **Independent Examiner’s Report to Trustees Year ended 31 March 2024**
## **Independent examiner's report to the trustees of US in a BUS**
I report to the charity trustees on my examination of the accounts of US in a BUs
(the Trust) for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
K D N De Silva, ACCA
Association of Chartered Certified Accountants
Centora James Ltd on behalf of Crilly and Co.
Jury Farm, Ripley Lane,West Horsley, KT24 6JT
Date: 18/12/2024
Page 7
## **US in a BUS**
## **STATEMENT OF FINANCIAL ACTIVITIES (Incorporating Income and Expenditure Account)**
## **For the year ended 31[st] March 2024**
|_Notes_
Incoming resources from generated funds:
Voluntary income
Donations
1
Activities for generating funds:
Investment income
Incoming resources from charitable
activities:
Interactive sessions
2
Training and Consultancy
2
2024 Conference
Gift Aid
Other income:
Gain on disposal of assets
Total incoming resources
Resources expended
Costs of generating voluntary income
4
2024 Conference
4
Charitable activities
4
Governance costs
4
Total resources expended
Net incoming resources
Reconciliation of funds
Total funds brought forward
12/18
Total funds carried forward
12/18|Restricted
Funds 2024
Total
£
50,435
-
-
-
-
-
-
50,435
-
69,165
69,165
(18,730)
31,680
12,950|Unrestricted
Funds 2024
Total
£
43,171
2,524
192,027
12,967
-
1,105
1,751
253,545
30,569
-
208,397
7,111
246,077
7,468
193,206
200,674|Total
Funds
2024
£
93,606
2,524
192,027
12,967
-
1,105
1,751
303,980
30,569
-
277,562
7,111
315,242
(11,262)
224,886
213,624|Total
Funds
2023
£
77,758
1,414
194,341
7,655
5,228
1,281
1,812
289,489
35,786
6,614
254,526
6,997
303,923
(14,434)
224,886
224,886|
|---|---|---|---|---|
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
No separate statement of Total Recognised Gains and Losses has been presented as all such gains and losses have been dealt with in the Statement of Financial Activities.
The notes on pages 13 to 21 form an integral part of these financial statements.
Page 8
## **US in a BUS**
## **BALANCE SHEET**
## **As at 31[st] March 2024**
**______________________________________________________________________________**
**----- Start of picture text -----**
|||||
|---|---|---|---|
|Notes|2024|2023|
|FIXED ASSETS|£|£|
|Tangible assets|8|23,912|11,232|
|CURRENT ASSETS|
|Debtors|9|15,145|10,811|
|Cash at bank|188,598|227,428|
|203,743|238,239|
|CURRENT LIABILITIES|
|Creditors: Amounts falling due within|
|one year|10|14,031|24,585|
|NET CURRENT ASSETS|189,712|213,654|
|TOTAL NET ASSETS|213,624|224,886|
|Represented by:|
|Unrestricted fund:|
|General fund|11|142,055|141,942|
|Designated Fund|11|58,619|51,264|
|Restricted fund|16|12,950|31,680|
|TOTAL FUNDS|213,624|224,886|
**----- End of picture text -----**
For the year ending 31 March 2024, the directors are of the opinion that the company is entitled to the exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. The directors acknowledge their responsibilities for:
- a) ensuring that the members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006;
- b) complying with the requirements of the Act in respect to accounting records and the preparation of accounts;
- (c) ensuring that the accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with the Financial reporting Standard for Smaller Entities (effective April 2008).
Approved by the board on the 18th of December 2024 and signed on its behalf by
## Douglas Bennett Trustee
Company Registration Number 4207000
The notes on pages 10 to 18 form an integral part of these financial statements
Page 9
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
## **ACCOUNTING POLICIES**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in the preceding year.
## **BASIS OF PREPARATION**
The financial statements have been prepared under the historical cost convention, in accordance with the Companies Act 2006 and follow the recommendations in Accounting and Reporting by Charities: Statement of Recommended Practice published in March 2007 and applicable accounting standards.
## **FUND ACCOUNTING**
General funds
These are unrestricted and are available for general purposes.
Designated funds
Designated funds are unrestricted funds earmarked by the Trustees for particular purposes.
Restricted funds
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
## **INCOMING RESOURCES**
Service fees, consultancy and training income These represent amounts receivable for services provided within the year.
Donations
These are accounted for on the basis of monies received during the year.
Gift Aid
Gift Aid income is recognised when received.
Investment income
Investment income is included when receivable.
## **RESOURCES EXPENDED**
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.
Page 10
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
## **COSTS OF GENERATING FUNDS**
Costs of generating funds Costs of generating funds are the costs associated with attracting voluntary income. Cost of goods sold was the costs of sales for the sales of books in support of training activities.
## **ACTIVITIES IN FURTHERANCE OF THE CHARITY’S OBJECTIVES**
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.
## **GOVERNANCE COSTS**
Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include accounting fees as well as costs linked with the strategic management of the charity.
## **SUPPORT COSTS**
Support costs are not costs that relate to an activity in themselves but support the charity’s activities. Support costs are allocated to the charity’s activities on an appropriate basis.
Costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, other costs are apportioned on an appropriate basis e.g. per capita, staff time or estimated usage as set out in note 4.
## **DEPRECIATION**
Depreciation is provided on fixtures, fittings and equipment, computer equipment and motor vehicles at the following rates based on the estimated useful life of these fixed assets and their anticipated residual value:
Fixtures, fittings and equipment 25% reducing balance Computer equipment 25% reducing balance Motor vehicles 25% straight line
Page 11
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
|1
**DONATIONS**
Unrestricted
Restricted
2
**INCOMING RESOURCES FROM ACTIVITIES TO**
**FURTHER THE CHARITY’S OBJECTS**
Interactive sessions
Training
Coaching and Mentoring|2024
£
43,171
50,435
________
93,606
2024
£
192,027
4,781
8,186
________
205,064|2023
£
13,181
66,107
________
78,288
2023
£
194,341
4,355
3,300
________
201,996|
|---|---|---|
- 3 **ALLOCATION OF SUPPORT COSTS AND OVERHEADS**
## **Allocation of support costs and overheads**
The breakdown of support costs and how these were allocated between Governance, Fund-raising and Charitable Activities is shown in the table below
|**Cost type**
Premises
General office and finance staff
Office and IT equipment
Post, telephone and fax
Printing and stationery
Insurance
Subscriptions
Depreciation
Bank Charges
Payroll Costs|**Total**
**Allocated**
**Governance**
**Fund-**
**raising**
**Charitable**
**Activities**
**Basis of**
**Apportionment**
£
£
£
14,023
208 1,126 12,689
Staff time
63,497
942 5,098 57,457
Staff time
1,520
22
122 1,376
Staff time
544
8
43
493
Staff time
375
5
30
340
Staff time
1,746
25
140 1,581
Staff time
335
4
26
305
Staff time
2,647
39
212 2,396
Staff time
327
4
26
297
Staff time
1,482
22
119 1,341
Staff time
86,496
1,279 6,942 78,275|
|---|---|
Page 12
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
|**4**|**Total Resources Expended**
**Basis of Allocation**
**£**
**Costs directly allocated to**
**Activities**
Accountancy and Legal
Direct
Depreciation
Direct
Development and equipment
Direct
Miscellaneous
Direct
Recruitment
Direct
Staff Costs
Direct
Staff training
Direct
Trust expenses
Direct
Bad Debts
Direct
Van expenses and travel
Direct
Van Insurance
Direct
2023 Conference
Direct
Fund-raising and Events
Direct
Marketing
Direct
**Support costs allocated to**
General office and finance staff
Staff time
Bank Charges
Staff time
Depreciation
Staff time
Insurance
Staff time
Office and IT equipment
Staff time
Payroll Costs
Staff time
Telephone and Internet
Staff time
Premises
Staff time
Printing and stationery
Staff time
Subscriptions
Staff time|**Voluntary income**
**Interactive Sessions**
**Training/Consultin**
**Governance**
**2024**
**Total**
**2023**
**Total**
**£**
**£**
**£**
**£**
**£**
**£**
984
984
984
7,492
7,492
3,805
80
80
509
752
752
413
1,632
1,632
501
22,689
166,325
7,889
4,789
201,692
174,600
980
980
1,905
59
59
229
(52)
-52
1,762
9,037
2,974
12,011
14,658
2,153
2,153
1,921
-
0
6,614
938
938
1,420
20
5
25
690
5,098
55,054
2,403
942
63,497
72,082
26
285
12
4
327
275
212
2,296
100
39
2,647
2,119
140
1,515
66
25
1,746
1,623
122
1,319
57
22
1,520
1,210
119
1,285
56
22
1,482
1,272
43
473
20
8
544
500
1,126
12,159
530
208
14,023
13,990
30
326
14
5
375
740
26
293
12
4
335
101|
|---|---|---|
||||
|||30,569
263,424
14,138
7,111
315,242
303,923|
Page 13
**US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
|5
**NET INCOING RESOURCES**
Net incoming resources for the period after charging:
Depreciation
6
**STAFF COSTS**
Salaries and wages
Employer’s national insurance contributions
Pension Scheme Contribution|2024
£
10,139
2024
£
245,021
12,965
7,203
265,189|2023
£
5,924
2023
£
238,359
11,890
6,433
246,682|
|---|---|---|
|No employee received emoluments including taxable benefits which
period.
The average number of employees during the period was made up as
follows:
Chief Executive
Interactive Practitioners
Fund-raising
Administration
No director/trustee received emoluments in the period.|exceeded £50,000 in the
2024
No
2023
No
0.4
0.4
7.2
6.9
0.6
0.9
0.8
0.8
9.0
9.0|
|---|---|
## 7 **TAXATION**
The charitable company is exempt from corporation tax on its charitable activities.
Page 14
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
|8
**TANGIBLE FIXED ASSETS**
_Motor_
_Vehicles_
**VALUATION:**
**£**
At 1 April 2023
32,684
Additions
23,468
Disposals
(15,218)
At 31 March 2024
40,934
**DEPRECIATION:**
At 1 April 2023
27,810
Charged in the year
7,492
Disposals
(11,969)
At 31 March 2024
23,333
Net book value
31 March 2024
17,601
9
**DEBTORS**
Trade debtors
Other debtors and Prepayments
10
**CREDITORS:**Amounts falling due within one year
Trade creditors
Accruals and other creditors
Inland Revenue|_Computer_
_equipment_
**£**
19,313
2,600
(4,216)|
|_Office_
_Furniture_
**£**
740
-
-
740
559
45
-
604
136
2024
£
7,603
7,542
15,145
2024
£
5,584
8,443
-
14,031||_Total_
£
52,737
26,068
(19,434)
59,371
41,505
10,139
(16,185)
35,459
23,912
2023
£
8,219
2,592
10,811
2023
£
4,486
16,010
4,089
24,585|
|---|---|---|---|---|---|
||17,697|||||
||13,136
2,602
(4,216)|||||
||11,522|||||
||6,175|||||
|||||||
|||||||
|||||||
Page 15
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
|11
**RESERVES**
General Fund
Designated
Fund
Restricted
Fund|At 1 April
2023
£141,942
£51,264
£31,680
£224,886
|Income
£253,545
£0
£50,435
£303,980|Expenditure
(£246,077)
£0
(£69,165)
(£303,924|Transfers
(£7,355)
£7,355
£0
£0|At 31 March
2024
£142,055
£58,619
£12,950
£213,624
|
|---|---|---|---|---|---|
|||||||
## 12 **TRANSACTIONS WITH TRUSTEES**
The trustees only receive reimbursement for expenses actually incurred in attending meetings. No payments are made in respect of time or to compensate for loss of earnings, so no remuneration is paid to trustees. The gross amount that has been reimbursed in respect of attendance of meetings in the period was £0, (2023 £0).
## 13 **PENSION COSTS**
The charity provides access to an auto-enrolment pension.
## 14 **LEGAL STATUS OF THE CHARITY**
The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.
## 15 **DESIGNATED FUND**
A designated fund of £58,619 has been established within unrestricted funds, (2023 £51,264). This is to cover the potential costs of redundancy should circumstances force the closure of Us in a Bus and to cover 3 months sick pay at an average member of staff, including national insurance contributions at 13.8% (2023 13.8%) and pension contributions at 3%.
Page 16
## **US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
## **16 RESTRICTED FUNDS**
The purposes for which the restricted funds were donated are as stated in the table.
|**Analysis of assets between funds**|**Purpose**|**01-Apr-23 **|**Incoming**|**Outgoing**|**31-Mar-24**|
|---|---|---|---|---|---|
||||**Resources**|**Resources**||
|||£|£|£|£|
|Big Lottery Fund|Training Equipment|136||34|102|
|Gatwick Airport Community Trust|Printer|231||58|173|
|Tesco plc|Sensory Boxes|155||-|155|
|Gemserv|IT Upgrade|1,011||253|758|
|Nutfield Parish Council|Service Users Event|250||-|250|
|Tandridge Community|Service Users Event|1,000||-|1,000|
|Lets Get Digital donation LAPTOPS|Laptops|3,486||876|2,610|
|Lets Get Digital donation LAPTOPS|Laptops|561||141|420|
|SCC Infection Control Fund ICF3/4/5|COVID|234||234|-|
|SCC Infection Control Fund RTF2/3/4|COVID|144||144|-|
|SCC ICF 5 ICF5|Laptops|396||100|296|
|Clothworkers|Computer Printer|2,600||650|1,950|
|National Lottery Community Fund|Session Costs|9,999||9,999|-|
|Million dollar round table|Session Costs|3,978||3,978|-|
|Edward Gostling Foundation|Session Costs|7,500||7,500|-|
|WRA|Session Costs|-|500|500|-|
|James Wise Charitable Trust|Session Costs|-|350|350|-|
|Surrey Community Foundation - Netherby Trust|Session Costs|-|10,000|10,000|-|
|Charitable Trust donation|Session Costs|-|8,000|8,000|-|
|The Slater Foundation|Session Costs|-|500|500|-|
|The WO Street Charitable Foundation|Session Costs|-|4,000|4,000|-|
|The Michael and Anna Wix Charitable Trust|Session Costs|-|100|100|-|
|The Truemark Trust|Session Costs|-|5,000|5,000|-|
|Douglas Arter Foundation|Session Costs|-|500|500|-|
|Vintners|Greater London Session Costs|-|5,000|5,000|-|
|The Squire Patton Boggs Charitable|Session Costs|-|250|250|-|
|Webb Family Charitable Trust|Session Costs|-|5,000|5,000|-|
|Loseley Christian Trust|Session Costs|-|1,000|1,000|-|
|SMB Charitable Trust|Session Costs|-|2,000|2,000|-|
|Jules Thorn|Session Costs|-|3,000|3,000|-|
|Tobacco Pipe Makers|Session Costs|-|2,500|-|2,500|
|The Pignatelli Foundation|Session Costs|-|2,500|-|2,500|
|Justgiving Gift Aid - Russ's triathalon|Equipment|-|235|-|235|
|||**________**|**________**|**________**|**________**|
|||**31,680**|**50,435**|**69,165**|**12,950**|
|||**________ **|**________ **|**________**|**________**|
Page 17
**US in a BUS**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **For the year ended 31[st] March 2024**
**_________________________________________________________________________________________**
## 17 **ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Analysis of net assets between funds|Tangible|Cash at bank|Other net|Total|
|---|---|---|---|---|
||Fixed Assets|and in hand|current||
||||assets||
||**£**|**£**|**£**|**£**|
|Restricted Donations|6,310|6,640|-|12,950|
||_______|_______|_________|_______|
||6,310|6,640|-|12,950|
|Designated Funds|-|58,619|-|58,619|
|Other unrestricted funds|5,412|123,339|1,114|142,055|
||_______|_______|_______|_______|
||23,912|188,598|1,114|213,624|
||_______|_______|_______|_______|
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