**Charity registration number 1091986**
**Company registration number 04365607 (England and Wales)**
**Diss & District Community Transport Association Ltd Annual report and unaudited financial statements**
**For the year ended 31 March 2024**
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mr B M Riches The Revd M M Kingston Mr E A Bird Mr J Clark **Charity number** 1091986 **Company number** 04365607 **Registered office** 40 Fuller Road Harleston Norfolk IP20 9EA **Independent examiner** Hayden Watson Elstree House Watson's Yard High Street Cottenham Cambridge CB24 8RX
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 15|
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "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)" (effective 1 January 2019).
## **Objectives and activities**
The company mission statement is "to provide an affordable transport service to those who, for whatever reason, are without personal transport or unable to use scheduled buses and who would benefit by being transported to and from their homes to the facilities they require."
The directors' strategic objective is to continue
- a. to meet the needs primarily for those who are in need because of age, mental or physical disability or poverty in particular but not to limit this to any local person.
- a. to assist the charitable work of organisations and bodies engaged in promoting the relief of such persons through the provision of appropriate services.
## _Public benefit_
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
- 1 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **Achievements and performance**
## **REVIEW OF THE YEAR**
The principal activity of the charity in the year ended 31 March 2024 under review was the operation of a community bus service.
The trustees of Diss & District Community Transport Association Limited have considered and complied with the duty section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission, including public benefit guidance.
We employ five members of staff of whom one is part time. Our staff are well respected by our passengers for the caring nature that they bring to the business. The day-to-day operational responsibility of the business was in the hands of the Transport Manager, Tom Clarke.
The dial-a-ride service can be used by members who need to reserve a trip at least 48 hours in advance. Most trips are to the main areas of population of Diss, Harleston and Long Stratton, taking people from their villages to shops or for medical appointments.
During the year, there were 3,879 journeys in Norfolk (2022/23 – 3,665) and 1,041 journeys in Suffolk (2022/23 – 917). In addition to the main dial-a-ride service, we organised 71 members outings transporting a total of 1,194 passengers.
We also operate a group-hire service to enable local voluntary organisations to use our buses to take their members to meetings or on special outings by using our own, or volunteer drivers. This service, has the benefit to Diss & District Community Transport Association Limited of utilising some of our surplus capacity and cross-subsidising our core dial-aride business.
Our operation of school contracts for Norfolk and Suffolk County Councils raises funds to subsidise our core dial-a-ride business by bringing in additional income during the year.
Bullock Fair Charity Shop gave donations / grants of £9,000. We also received the following grants from County Councils during the year;
Norfolk Count Council £30,858 (2022/23 - £30,858)
South Norfolk District Council £13,146 (2022/23 - £11,800)
During the year, Brian Riches continued as Chairman.
## **ACHIEVEMENTS AND PERFORMANCE**
Operationally the Dial-a-Ride bus service has provided £11,230 and completed 7,002 passenger trips.
Total mileage in 2023/24 was 55,982 miles.
## **Financial review**
## _Reserves policy_
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. We also try to keep £25,000 in the Bus Club for emergency replacement of buses.
- 2 -
DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Slrvclwe, govemonc• ¢Jnd man¢yement
The chority o company lrniled by gucyonlee vndeT company nvrlthr 04365t507 ond is govemed by Ils
Memorandum and Article5 of As50CkltDn doted 1st FeOry 2CIJ2.
The charify is 0150 knovm in the h)col e0 undts th¢ cdlemulNe nome ol 8orderhoppa.
The Iw5tee5, ¥tho ore obo the dweclors lor the purpose 91 complV law. ond who Served d(thg Ihe year ond up lo
the dote of wgnolure ol the finoncial 5tatemen15 were-.
Mr B M Rich85
The Revd Kingston
MrEA8*d
MrJCIJ
Recruitmenl ond oppoinlmenl ol truste•s
ew tru$1••5 are rgcnJit&d vio uiwitalion. 11 Ihè prop05ed tnJslee o¢cepts Ihe invilation. then the new Irvslee is
oppoinled by o iesolulK)n ot a meetmg ol Istee3 01 there 15 o mLiIorfty ol the tIV51ee5 piesenl. Thls 15 formgl
documented vlo o memorondum of oppolntment of trusle8s wder th• Ch¢Thtie5 Act 2011 part 18 Isèction 3341.
None ol the I515 hos any benaficKJl Inlerest w) Iho corrpony. Al of the trustee5 ¢>e members ol the company ond
gu0nIte to conlrbule £1 h the event ol o w.
Th• companys cuuent pol¢y Conc1n9 th• povent ol trade credllm ts lo tcknv the CBfs Prorrpt Payers Code
I¢opi•s cjre avoloble from Ih? C81. cent Point. 103 New 0xfrj Street. London WCIA IOUI.
The companls cnI polcy conc*ming Ihe puy7nent of trode cr&dTh¢yS ts to..
Settle Ihe temis ol payment wllh svprler5 %then ogrethng the temu ol each If¢rwction:
• ensure that 5uppIw5 ar• ma¢J* ol Ih? temu of p0Ment by (SkIn of the relevonl teffl In contracts.. ond
pay sn accordonce with Ihe company5 conlroctvol ond olhw le901 owotions.
The Iruslees. report was opproved by th• eoc*d ol TSt.
r B M Richtss
Trust••
A8id
11.
Dale.. ..l..f.................................
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
I report to the trustees on my examination of the financial statements of Diss & District Community Transport Association Ltd (the charity) for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
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 that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 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 financial statements 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 (FRS 102).
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 financial statements to be reached.
## **Hayden Watson**
The MHH Parternship Elstree House Watson's Yard High Street Cottenham Cambridge CB24 8RX
Dated: .........................
- 4 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**Notes**
**£**
**£**
**Income and endowments from:**
Donations and legacies
**3**
60,530
993
Charitable activities
**4**
87,800
-
Investments
**5**
2,950
-
Other income
**6**
-
-
**Total income**
151,280
993
**Expenditure on:**
Raising funds
**7**
-
309
Charitable activities
**8**
160,374
-
**Total expenditure**
160,374
309
**Net income/(expenditure) and**
**movement in funds**
(9,094)
684
**Reconciliation of funds:**
Fund balances at 1 April 2023
74,656
27,656
**Fund balances at 31 March 2024**
65,562
28,340|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
61,523
55,138
1,186
87,800
93,016
-
2,950
1,056
-
-
3,447
-
152,273
152,657
1,186
309
-
436
160,374
153,522
-
160,683
153,522
436
(8,410)
(865)
750
102,312
75,521
26,906
93,902
74,656
27,656|**Total**
**2023**
**£**
56,324
93,016
1,056
3,447
153,843
436
153,522
153,958
(115)
102,427
102,312|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
- 5 -
DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD
BALANCE SHEET
AS AT 31 MARCH 2024
Notes
CvTrent ¢ts*•ts
Deblo
Cash ot bonk ond hand
14
10.7
89.365
15.757
92.582
10).115
ICe.339
Cr•dRors: amOtt$ lalkng due wllhln on•
y•
Is
16.2131
16.0271
N•1 ¢went asiets
93.902
102.312
N•1 asmts •xen9 p•mlon lobmy
93.902
102.312
Th• Ivnd5 d the ch4>1
Re51ricled income funds
Unre3lricled funds
17
28.340
65.562
27.656
74.656
93.902
102,312
The compony b •n11N lo the exempllon from th• ¢wdlt Feffj*ement contghed kn sectb2n 477 01 ffte Comp18$ Act
2CQ6, for the year •nd•d 31 March 2024.
Tho dtr•¢tm ockno¥dV re5powbllkn t Comp9 vthh th• T•mnIS ¢1 th• cow$ Ad 2ts)6 wlth
rewcl Io OcCOLnI rec¢yd5 ond the t¥epL¥oIth ol fnoncKI st¢lements.
Tho mtsmb•r5 hove not r•qU¥ Ihe colryXry to obloh of it3 stot•m•nts l¢y thtr ye¢J In question In
¢ccordonce %h 5•dfjon 476.
Th•sa fman¢ial 5totemenls hov• been wepry•d h occordanc• vhth oppkot4• to corypanles suwct
to the Small c¢xnpani8s reglme.
The flnonciol stol•mèn15 were opproved by I trusl••s on .1.. .?....1.1 ..2. ¢ 1 4
Mr 8 M Riches
Tnnlv
Cornpgny re9L4trotlon number 04365é07 IEn*>nd and W¢*sl
**DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **Charity information**
Diss & District Community Transport Association Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 40 Fuller Road, Harleston, Norfolk, IP20 9EA.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 7 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Expenditure**
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
## **1.6 Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% reducing balance Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.8 Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
- 8 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **1 Accounting policies**
**(Continued)**
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **1.9 Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.10 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
Donations and gifts
16,386
993
Grants received
44,144
-
60,530
993|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2023**
**2023**
**£**
**£**
**£**
17,379
12,345
1,186
44,144
42,793
-
61,523
55,138
1,186|**Total**
**2023**
**£**
13,531
42,793|
|---|---|---|
|||56,324|
- 9 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**3**
**Income from donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**Donations and gifts**
Membership fees
3,076
-
Members donations
788
-
Bullock Fair Charity Shop
-
-
Bus Club
-
993
NFU Donation
3,222
-
South Norfolk Council
300
-
GWN Trading
9,000
-
16,386
993
**Grants receivable for core activities**
Norfolk County Council
30,858
-
Parish Council
140
-
South Norfolk District
Council
13,146
-
44,144
-
**4**
**Income from**
**charitable activities**
**Fares**
**County**
**council**
**contracts**
**2024**
**2024**
**£**
**£**
Community
transportation
30,026
57,774
**Analysis by fund**
Unrestricted funds
30,026
57,774|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2024**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**£**
**(Continued)**
3,076
2,475
-
2,475
788
1,370
-
1,370
-
8,500
-
8,500
993
-
1,186
1,186
3,222
-
-
-
300
-
-
-
9,000
-
-
-
17,379
12,345
1,186
13,531
30,858
30,858
-
30,858
140
135
-
135
13,146
11,800
-
11,800
44,144
42,793
-
42,793
**Total**
**Fares**
**County**
**council**
**contracts**
**Total**
**2024**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**£**
87,800
29,374
63,642
93,016
87,800
29,374
63,642
93,016|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2024**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**£**
**(Continued)**
3,076
2,475
-
2,475
788
1,370
-
1,370
-
8,500
-
8,500
993
-
1,186
1,186
3,222
-
-
-
300
-
-
-
9,000
-
-
-
17,379
12,345
1,186
13,531
30,858
30,858
-
30,858
140
135
-
135
13,146
11,800
-
11,800
44,144
42,793
-
42,793
**Total**
**Fares**
**County**
**council**
**contracts**
**Total**
**2024**
**2023**
**2023**
**2023**
**£**
**£**
**£**
**£**
87,800
29,374
63,642
93,016
87,800
29,374
63,642
93,016|
|---|---|---|
|||13,531|
|||30,858
135
11,800|
|||42,793|
|||**Total**
**2023**
**£**
93,016|
|||93,016|
- 10 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **5 Income from investments**
|||**Unrestricted**|**Unrestricted**|
|---|---|---|---|
|||**funds**|**funds**|
|||**2024**|**2023**|
|||**£**|**£**|
||Interest receivable|2,950|1,056|
|**6**|**Other income**|||
|||**Unrestricted**|**Unrestricted**|
|||**funds**|**funds**|
|||**2024**|**2023**|
|||**£**|**£**|
||Net gain on disposal of tangible fixed assets|-|3,447|
|**7**|**Expenditure on raising funds**|||
|||**Restricted**|**Restricted**|
|||**funds**|**funds**|
|||**2024**|**2023**|
|||**£**|**£**|
||**Fundraising and publicity**|||
||Other fundraising costs|309|436|
- 11 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **8 Expenditure on charitable activities**
||**Fares and**|**Fares and**|
|---|---|---|
||**council**|**council**|
||**contracts**|**contracts**|
||**2024**|**2023**|
||**£**|**£**|
|**Direct costs**|||
|Staff costs|60,953|61,284|
|Busses running costs|48,462|41,641|
|Training|122|248|
|Redundancy pay|-|4,209|
|Cost of outings|1,426|1,157|
|Sundry expenses|-|301|
||110,963|108,840|
|**Share of support and governance costs (see note 9)**|||
|Support|45,934|41,636|
|Governance|3,477|3,046|
||160,374|153,522|
|**Analysis by fund**|||
|Unrestricted funds|160,374|153,522|
|**Support costs allocated to activities**|||
||**2024**|**2023**|
||**£**|**£**|
|Staff costs|35,338|31,889|
|Subscriptions|120|120|
|Insurance|439|366|
|Repairs and maintenance|245|50|
|Computer costs|225|60|
|Stationery, postage and printing|623|781|
|Telephone|1,171|1,154|
|Advertising|850|669|
|Premises costs|6,084|6,126|
|Sundries|581|226|
|Pension admin costs|258|195|
|Governance costs|3,477|3,046|
||49,411|44,682|
|**Analysed between:**|||
|Fares and council contracts|49,411|44,682|
## **9 Support costs allocated to activities**
- 12 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**10**|**Net movement in funds**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||The net movement in funds is stated after charging/(crediting):|||
||Fees payable for the independent examination of the charity's financial|||
||statements|3,477|3,046|
||Loss/(profit) on disposal of tangible fixed assets|-|(3,447)|
## **11 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **12 Employees**
The average monthly number of employees during the year was:
||**2024**|**2023**|
|---|---|---|
||**Number**|**Number**|
||5|5|
|**Employment costs**|**2024**|**2023**|
||**£**|**£**|
|Wages and salaries|92,931|90,043|
|Social security costs|1,645|1,409|
|Other pension costs|1,715|1,721|
||96,291|93,173|
There were no employees whose annual remuneration was more than £60,000.
## **13 Taxation**
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
## **14 Debtors**
|**Amounts falling due within one year:**
Trade debtors
Other debtors
Prepayments and accrued income|**2024**
**£**
5,141
2,698
2,911
10,750|**2023**
**£**
10,027
2,172
3,558|
|---|---|---|
|||15,757|
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## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
## **15 Creditors: amounts falling due within one year**
|**15**
**Creditors: amounts falling due within one year**|||
|---|---|---|
|Other taxation and social security
Trade creditors
Other creditors
Accruals and deferred income
**16**
**Retirement benefit schemes**
**Defined contribution schemes**
Charge to profit or loss in respect of defined contribution schemes|**2024**
**£**
1,535
3,067
486
1,125
6,213
**2024**
**£**
1,715|**2023**
**£**
1,446
3,232
374
975|
|||6,027|
|||**2023**
**£**
1,721|
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
## **17 Restricted funds**
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
||**At**|**1 April 2023**|**Incoming**|**Resources**|**At 31 March**|**At 31 March**|
|---|---|---|---|---|---|---|
||||**resources**|**expended**||**2024**|
|||**£**|**£**|**£**||**£**|
|||27,656|993|(309)||28,340|
|**Previous year:**|**At**|**1 April 2022**|**Incoming**|**Resources**|**At 31 March**||
||||**resources**|**expended**||**2023**|
|||**£**|**£**|**£**||**£**|
|Bus club||26,906|1,186|(436)||27,656|
## **18 Unrestricted funds**
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
||**At**|**1**|**April 2023**|**Incoming**|**Resources**|**At 31 March**|
|---|---|---|---|---|---|---|
|||||**resources**|**expended**|**2024**|
||||**£**|**£**|**£**|**£**|
|General funds|||74,656|151,280|(160,374)|65,562|
- 14 -
## **DISS & DISTRICT COMMUNITY TRANSPORT ASSOCIATION LTD**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2024**_
|**18**|**Unrestricted funds**|||||**(Continued)**|
|---|---|---|---|---|---|---|
||**Previous year:**|**At**|**1 April 2022**|**Incoming**|**Resources**|**At 31 March**|
|||||**resources**|**expended**|**2023**|
||||**£**|**£**|**£**|**£**|
||General funds||75,521|152,657|(153,522)|74,656|
|**19**|**Analysis of net assets between funds**||||||
|||||**Unrestricted**|**Restricted**|**Total**|
|||||**funds**|**funds**||
|||||**2024**|**2024**|**2024**|
|||||**£**|**£**|**£**|
||**At 31 March 2024:**||||||
||Current assets/(liabilities)|||65,562|28,340|93,902|
|||||65,562|28,340|93,902|
|||||**Unrestricted**|**Restricted**|**Total**|
|||||**funds**|**funds**||
|||||**2023**|**2023**|**2023**|
|||||**£**|**£**|**£**|
||**At 31 March 2023:**||||||
||Current assets/(liabilities)|||74,656|27,656|102,312|
|||||74,656|27,656|102,312|
## **20 Related party transactions**
There were no disclosable related party transactions during the year (2023 - none).
- 15 -