Company tegtiSlTaiion numbeT." 04549467 Charity regisiration number.. 1095768 Community Transport Stafford & District known as Community Link Stafford and District IA coinpany limited by gu3ranteel Annual Report and Pinancial Staleinents fLTrr the Year Ended 31 mrLh 2023 Dttryl Denson ACMA The Dudson Centre Hope Street Hanley Sioke-on-Trent STI 5DD
Community Transport Stafford & District known as Community Link Stafford and District Contents Reference and Adrninislrative T)¢tails Chaimian's Report Trust¢¢s' Report 3to5 Cliief Executive Vfficerfs Tepnrt 6t07 Independent Exatniiierf8 Ileport Statement of Fintial Activities Balance Sheet io Siaiemeni of Cash Flows Noics 10 Ihc Financial Siaicrncrtl$ I223
Community Transport Stafford & District known as Community Link Stafford and District Reference and Administrative Details Trustees Colin Martindalc, Chaimian Catherine Lyall. Treasurer John Coate Michael Allen Peter Bingham Johii Foy Graham Wrighi Secretary Senlor laageMent Team Graharn Wright, Chief Executive Rachel Tmw. Office Manager Reglstered Office Schoii Housc Druininond Road Astonfields Slatlord Slatlordshire ST16 3EL The charity is incoiporated in En¥land. Comp¥n?' Re¥i5tration Number 04549467 Charity Registration Number 1095768 Bankers Unity Twst Tlank 4 Brindley Place Binningham BI ?JB Siafford Railway Buildin¥ Society 4 MaTket SquJTe Siafford ST16 2JH Indtptndtnt Exaltr Daryl Denson ACMA The Dudson Centre Hope Sireet Hanley Stoke-oll-Trent STI 5DD Pa&T¢ I
Community Transport Stafford & District known as Community Link Stafford and District Chairman's Report for the Year Ended 31 March 2023 Whilsi Covid19 was Ihankfully causing fcwcr majoT Issucs, Ihere WLre Slill somc rcsiTiClions to our scryiccs at Ihc siart ofihc ycar. Happily, Ihougtrh, our scrviccs BTradually rciumcd 10 normal ab thL ycar prog*rLSSLd, and by th¢ ycar Lnd wc WLrL back io ULir full LTrperaiiunal levels. Dial a Ride, a N'iial parl uf LTrur LhariLable 5efYiLes, Lunlinueii lu sluwly bLiild thTuuLhuul Ihe year, and Ihere are plans lo promoie this seTvice more in 202314. Parking ot'our vchicles continucs to bc a major issu¢, ajjd alihough th¢ local council are sijll supporting us by allowing us to urilise a convenient siie for a peppercom rent, Ihis will not lasi forever, and finding an alternaiii'e in tem of location. size and affordabiliiy will bc a mammoih iask. In Ihc short Icmj, wc havc bccn givcn somc tcmporary ovcrflow parkjng support from a local business tor which w¢ ar¢ very grateftjl. The CEO eoiitinu¢s to look at all parking siie opptsriun111¢s in and around Srafford, knowing Ihat if we cannot f1nd a p¢rmaneiit sile io park our 25 vehicl¢s, we will noi be able to provide our viial servjces io ihe schools and local residents NN'ho need Ihein. On a more positivt nol¢, the financials for the year w'ere exc¢llent. The accounts show that income increased froni £612k in 2021122 to 1903k last yur. and at veal. end there is a cash balance of 1443k split between three institutions to keep within th¢ current FSCS limits. Also positii'¢ is the tact ihat the C.EO continues to win additional and renewed fixed terni school contracts which secure the future income for the chariry tor iht next tew years. In Udober 2022 we htld &n open day for cliarity. tn¢rnb¢rs aiid oth¢r support¢rs to attend in oi"d¢i" to promott the servic¢s w¢ provide to the local communiry. Also in attendance were the Mayor and Mayor¢ss of Slafford and a number of local ouncilloiE, well &s Staff and volunteers w'ho work for the charity. Board illeeting8 were held an zoom a% 13st yeDT. bul later in the yeaT it was decided, iiow that Covid19 not a Inajoi i48ue, to liai'¢ niyself and the othtr two local LaTd ni¢mh¢rs back. in th¢ offict to join th¢ rn¢elings. It w'&s a great relief lo b¢ back in the office for Tneetin&4. and althou¥h tilL held on zoorn to acconiTnodate our di4tanl TTUstee. the nieetiiig8 felt a lol more like a team. On the %ubjecl of boaTd n1eTThbe, I would like to thank Tny fellow Ttu8lee% for continuin¥ to 8upport and challenge the CEO and hi% ledni, helpin¥ them to achieve %uch excellent te%ultS. Finally, I would like to thank CEO Grah]n WTi¥hi, OffiLe MandgeT RdLhel TTOW, and dll the staff and vulunleeTS fuT ensiiring Ihal Curnmunity Link Lunlinued lu pruvide Ihe essenlidl SLlPPVrt fLTrI Ihe peuple of SidlTuTd di51riLI whv need it Ihg rnosi, and (or en5uiin¥ Ihai the eornpany ended Ihg year in o healihy fin&nLial position ready foi Ihe Lh&llengTgS ahgad. Culin Martindale Chaimian Pa&T¢ 2
Community Transport Stafford & District known as Community Link Stafford and District Trustees, Report Thc IrusieLS, who arc dirtciors for IhL purptsscs ol company law, presLni Ihe artnuol Teporl iogethcr wilh Ihe financial siaicmcnis olihc chariiablc company for thL ycar cnded 31 March 2023. Trustees and Ol¢erS The trust¢¢s and officers serving during th¢ year and sinc¢ the y¢aT ¢lld W¢Te as follow's.. TNsiees'. Colin Mattittdale, Chairmatt Cath¢rin¢ Lyall, Tr¢asur¢r Johii Cuales Mjchacl Allcn Tan Macinichael Irtsigned 78 July 20221 Peter Bin¥hJni John Foy Sectelary". Grahain Wright Scnior Managcmcnt l Lcadcrship Team.. Graham Wright, Chicf ExLXUtIv¢ Rachel Trow, OfTic¢ Manager Objeetlves *nd actlvldes TD provide a cominunity tranSrt erviCe ftjr such of the inhabitant4 whn are in need of Such a service because of age, sickness or disability Imenlal or physicall. or poverry. or because of a lack of availability of adequate and safe public P3ss¢nger s¢ivic¢s. Pablie benefit Coinillunily Link Stafford & t)istrict pi'ovides friendly transport for people with Inobiliiy difliculiies or who because of age, sickness, disability or poverty or lack of adequat¢ and safe pass¢ngy¢r services ar¢ unabl¢ to access Mainst8 public transport se.1cC5. Sinc¢ the impact ot Covid now wains w¢ are now finding that Charity rnembers are Tetuming to use Dial a Rid¢ 8tTviceg as vaccinations aT¢ now playing a part in rnaking indiNiduals f¢¢1 TllQTe able to begin to mix again iii society. Dial a Rider £ervice£ clo4ed teinpaTaTily diiriiig CDvid and the hounce hack i% cnntinuing to take place with tlie numher of wheelchaiT journey8 u4iiig nur fleet of wlieelchaii adapted vehicle% 1% returning at an incTeasing pace. The vast nmjuritv uf the ¥ruwing tnernbership still reciuire and use Tnubility aids iIIu5traling IiLTrW vital the Service Curninunity Link pi-oi'ideE lo individuals. We are contiiiuing to 8upport 8onie faniilies.journeys lo vaccination ceiitre8. albeit at a niuch lower level to enable Iho%e rno%t Trulnerable lo acce%% the 5ttfely of Traccinalion piotectioii. Shopping, medical appointtnents, day Lentre visits ond fatnily and friend's occasiong e now beginning 10 domillJte the type of joumeys thtti 'e nuiv operating for Tnembers. Foi this year we hae once again been able 10 hold ond rnainiain pre Covid joumey costs within Ihe tOl dt £5 pei" persun Iu sUPPDrt UUT cuncetns uf [nebe[S affoidabilily uf the e.ICe the ecollumy suffe1. Pa&T¢ 3
Community Transport Stafford & District known as Community Link Stafford and District Trustees, Report Thc Irusiees confirni Ihai Ihcy havc complicd wilh th¢ rcquirctncnis of SC£liort 17 of IhL Charilies Aci 2011 10 havc duc rcgard 10 the public bcncfil guidancc publishLd by th¢ Chariiy Commission for England and WalL%. Usé of volunieers Th¢ nutnbcr Ot'our registered volunteers based at Community Link has b¢en continually grom'ing over the last year io hlarch 2023 with a volunteer base now approachiiig nine individuals. Th¢s¢ volullteers are kindly otlering their services to members across all days ot the working w¢¢k and iv¢ w¢lconi¢ theni back alongside new r¢cwits. 3s We See 3 slow increase in Dial a Ride s¢rvic¢s throughoui tjie winter of 2022123. This support to thc Cliarily and its intjnbers is N'aluablt and enables us to tisfy tlie incregsiiig d¢rnand Coiiiiiig froill existing and n¢w Inernbers lo the cliarity. ALhieTremertt5 xnd perfurmanee S¢¢ the c.hief Executive Ottic¢r's annual report. Firtathtial revie)Y The finallcial results for the year are shown on pages 9-23 ot this report. Polic)Y OR Fe.fervL¥ General reseTres dniuiint lo £426,506 al 31 MarLh 202312022.. £314,602) of wliiLh £12,861120?2.. £17,973)are lield fixed dssets, ledving dn dmvunl uf "free reSee5. uf £413,645 12022.. £296,6291.Tlies¥ funds aTe held tu finanti the WUTkin¥ eapitttl quire[neil1 of Ilie UTganis&tiun. The t[utee,5 ubjeclive is 10 create #nd nittinlain sufficient funds to coveT a rniniinurti of six nionths expendiiiire.The Board aTe confident thai at this leTrel they would be able 10 eoniinue the eurrent activities of the Charity irt the event of a significant drop irt illcome. Structiirey governance and Tnamagement The Lharilable Lvmpany Is guverned by Ils Mernvrdndutn and ArtiLleg LTrf ASSVLlalion dated l OLiobei 2002, as atnended by special resolutions daied 6 December 2Q02, ?7 Noveihber 2006 and 2 July ?018. Re¢rMirmeii¢ and4ppo1MieThe oflrusiees New trusttts are Klected ill order to be i¢pr¢sentativ¢ of the dive qualities and eKp¢rienc¢ needed to fulfil ili¢ obj¢ctiv¢g of the charity. Inducrfion irustee.w UTMin appointment a new trustee 15 provided with an induction pack which contains the following docuTnents.' l. MeinoTanduTn and Article% of Association 2. Latest copy uf the Annual Rwrt and Atcounls 3. A copy of the Chsrily Commission Guidanee'The Essential Trustee, ArrMugemeuftfor.¥ertiiig kej munugemen¢pep.voiin¢l r¢lliunew¢ion The deiai15 of key manag>¢meni personnel are iiicluded in the reference and administrative infoTmatiOll. Rernulleration of key manag¢ineiit p¢rsonll¢l is set and IEvi¢w¢d allnually by the Ii'ustees. Pa&T¢ 4
Community Transport Stafford & District known as Community Link Stafford and District Chief Executive olCer'S report l am d¢ligh'd to bc ablc 10 rLPOrt anothLT robust PLrformanLC hcrc ai Coinmunily Link particiilarly in ierms ofscrviLC to ihc cominuniiy and a sirortgtr sei of numbcrs Ihai will allow us io coniinuc lo grow and inv¢si inio cnsuring thai wc stay as Ihc CLTrmtnunily TTOnspurL pfLTrvILiEr w'iihin ULir IuLalily. Communiry Link Stafford & District providcs friendly Iranspon for pcoplc wilh mobility diffieullies or w'ho becausc of agc, sickncss, disability or povcny or lack ot. adcquaic and safe passcngcr scrviccs arc unablc lo access mainstrcam public irdnspott services. Since Ih¢ impact of Covid now wains we are now finding (hat Charity Tnembers are r¢iuttiing io use Dial a Ride services as vaccillations are iiow playing a part in rnakillg individuals feel illor¢ able io b¢gin to Inix again in soci¢iy. Dial a Rider sern'ices closed iemporarily during Covid and the bounce back is continuing io take place with ihe number of .li¢elcliair jouriieys using our fltet of wheelchair adapied vehicles is Turning at ali increasing pace. The vast majority of the growing mernb¢rship still require and us¢ mobiliry aids illustrating how vital the service Cornmunity Link provides to individuals. We gre continuing to suppon some families jouriieys to vaccination centrts. albeit at a much lower level to ¢nabl¢ those rnost vuln¢rabl¢ lo access th¢ safety of vaccination protection. Shopping, m¢dic313ppointtnent5, day ¢¢ntr¢ visits and fainily and fiiend's occasions are now b¢ginning to dorninate tlie typ¢ of joum¢y5 tliat we ar¢ now operating for Illembers. For this year we liai'¢ on¢¢ agaiii b¢¢n abl¢ lo hold and Irainlain pre Cowid journ¢y costs within the town at L5 p¢r person lo support QUT concerns of Ineinb¢r4 affoidabilily of th¢ s¢rvic¢ as th¢ ¢¢onomy sutT¢r8. The iiuillbeT of our re¥i%teTed volunleet£ baed al Cotnniunity Link lia4 been contiiiually growing nvei the la81 year to March 2023 with a volunt¢¢r base now approaching nine individuals Thes¢ i'olunte¢ ar¢ kindly offering thtir s¢rb'iC¢S to meinbers acro%.£ all days of the working Tek and we welcoTne theTn back alon¥Eide new recn]it£. we 8ee a 8low increase iii Dial a Ride eice throu¥hoiil the winter of 2022.:'?3. This %UPPOrt lo the ChaTily aiid it8 eMberS is valuable and enable% u% to ti%fy the inLred*ln¥ dernand cuming froTn ex71]ng aiid new member% lo the chOTity. Due lo Cuvid reslTicIions in pldLe the LhaTily rneinbeTS' IrdnspLTrrt serviLes PTovided by Curnmunity Link in the pruvision uf rninibus Iv serve LLTrintnunilies were sumewhal derailed. Huwever I dTn pleased ILTr ddvise Ihal liinely diSLilSSiOllS ILTr eTnpIuy Volunieei RecrLiilmgnl ManagrgT have tneanl w¥ are now Lreaiing an enviioninenl 10 bTing baLk this vi101 sgrviLe Iv uur Commiinily throiibh an irtcrcasc in our voluniLcr basc. Transport schLmLs arc a viial elcmcni ofour provision 10 IcKul pcoplc dnd we hLTrpe tLTr brin¥ uld and new provisiun bLTratd duTin¥ the siimmei uf 2023. Since the Dial a Ride serviLe restart comihenced in eamesi from January 2023 we have carried oui 2139 Joumeys, a $i1r1¢all[ 2770/0 increase on 721 Joumeys for ihc wholc of 2021122. Breakdown of journey iypes year on year WheclLhair users +1300/0 Hosp1tal Apwinltnenis +108D/o Day C.elltres aiid family and friends 487/0 + Shopping Trips 42150/ School contracts hai'e maintained gro throughout the year and in September 2022 we are delighted to have been successtul with additlollal bids to Stok¢ on Trent c.ity c.ouncil to supply SEN transpon s¢Th'ices including wheelchair provision on minibuse5 to those school children in the north ot the County. We will continue to strii't to widen our geographical scope in servicing Staffoid and surrounding districts troni our bas¢ in Stattord town. De4pile the continuing cliallenge8 of Covid and iinpact upon the cominunily with snrne infection4 still occurrin& alheit less s¢v¢r¢ly, l ain pleased lo r¢pon another exc¢ll¢nl outcoine that annual income actually increased to £903,-319 for tlie year an uplift of £291,768, 4¥,/0 011 2U22. We are now seeing cost increase% coining IhTouBh as activity in the CQTnniunity 1% bouncillg back, however de8pite this, we are ablt to still gen¢rale a r¢¢DTd 5UTplus of £107.612 for the th112022..'2.1 y¢aT r¢pr¢s¢iiling 12.1 /0 of incoine. This surplus will allow Conununiry Link lo colllinue to nLainlain and IllVt in its. fleet ien¢wal Progranme to ITiIPTQV¢ the tran%port expeTience of our %eTvice u%et% nieinbet%. Pa&T¢ 6
Community Transport Stafford & District known as Community Link Stafford and District Chief Executive olCer'S report Likc many chariiies wc rely on Ihc kindness and siipport of all ofour partnLrs, IhLtL(orL il is v¢ry importarti 10 cxprcss our apprLciaiion on bchaifol mLmbcrs and to Ihank all of our supporicrs for Ihcir coniinucd financial and opcraiional support as Ihis is ItnpuTianl Iv LTrur lungrEvily and LunlinuinLF SULLESS inlu Ihe fulure. Wc arc siill continuing to siriNc io find a pcrmancni homc and working wilh our partners to find an affordable solution to housc our growjng flwi of minibuscs and wh¢¢lchair adaptcd cars. Wc NN'ould pariicularl! likc io thank Siatlordshirc County Council for their co1Ideration. In Ociober 2022 ive were very proud 10 celebrate ai Siafford Rangers FC, 20 years of opwa11ng as an independ¢nt registered chariiy together with our Chariry m¢mb¢rs, colleagues aiid partners without whotn wt would not be able to provide ihe wonderrt)l and dedicaied service to service users and oiher beneficiaries. My sincei'¢ thanks go io Mr Colin Martiiidale (he c.hairman of Trustees and the Board, colleagues, Nolunie¢rs, members, Staffordshire County Council. Stafford Borough c.ouncil. Stoke City Council and various Parish Councils for YQUT panicipation in making Community Link a growing, financially robust and successful chariry supporting our community into Ihe fvture. GT&harn Wright Chief F.x¢cutiN'¢ Pa&T¢ 7
Community Transport Stafford & District known as Community Link Stafford and District Independent Examiner'5 Report to thc trustecs of Community Transport Stafford & District ('the Company,) I rcy)ri 10 Ihc charity ITUSICCS Ort my cxaminaiion of th¢ aLcounis ofthc Comparty foT Ihc ycar ¢ndLd 31 March 2023. Responsibilities and basis of report As the chatity'% tru%lee% of the Cotnpany land ai%0 its director% foi the purpo%e% of company lawl you are Ie8polb1e foi the prepdrdtion of the attounls in accoTdttnce with the tequirentrnls uf the CO[np1es Act 20061.the 2006 Acl'}. Havin¥ satisfied Inyself thdt the aLLLTrUllts of the Cotnpany are nut Tequired tu be dudited under Pdrt 16 uf the 2006 AL and re eligible fur independent exaininaliun, I repurl in tespeLI LTrf n)y exarninatiLTrn uf yuur Lharily's aLLVLinls as Latried uul undLf SLLlion 145 0( Ihc ChanliLS Aci 2011 I'ihe 2011 Aci,). In Larrying oul my cxaminaiion I havc followcd Ihe DirLctions I¢ll by Ihc Chariiy Commission undcr Scclion 14515llbl of Ihc 2011 Aci. lthdependent exminer's $t#tement Sinc¢ the C.ompany's gross income ¢xceed¢d £250.000 your examiner musl be a Member of a body listed in section 145 of the 2011 Act. I confimi that l qualified to undertake the ¢XaTniiiation because l am a member of CIMA. which is one of the listtd bodies. I have cornpleted rny examination. I cnnfinll that na malteT4 have cotne to my attention in connection 7th tlie exaniinalion giving rne cau£e lo believe.. aLxvuntin¥ TeLUTds We nut kept in Tespect of Curninuiiity TTanspurt Siaffotd & DistriLt required by seLtion 386 uf the 26 Ati", or 2. thc ac£ounts do noi accord wilh thosc rccords.. or th¢ a¢count5 do iiol Coiiiply with th¢ accountiiig r¢quiTeni¢nt5 Of Section 396 of the 2006 Act oth¢i' than any requirerneiil that the accounts give a 'true and fair view. M'hicli is tiot a rnatt¢r wngidered as part of an ind¢pendent exarninatioii. ur Ihc accolinis hawc not bccn prcparcd in accordanec wilh the mcihods and prineiplcs of Ihc Slaiemcni of Rccommcndcd Praciiec for aeeounting) and rworling by charitics lappljcablc 10 ehariiics prcparinb) their accoiinis in accordance 'ith the Financial Reporting Standard applicable in the UK and Republic of Irtlalld IFRS 10211. I have no concerns and liave coine acTo%% no oihei matlet% in connection th Ilie exainination to which attention should be dro1 IIi this report in older 10 enable a propet understanding of the aCLounts to be reached. Daryl Denson ACMA The Dudson Centre Hope Street Hanley Stok¢-on-Tr¢nt STI 5DD 1411212023 Dale.. Pa&T¢ 8
Community Transport Stafford & District known as Community Link Stafford and District Statcmcnt of Financial ActivitlC5 for thc Ycar Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses) Unrestricted fund5 Restricted funds Total 2023 Not¢ Income Endowments from.. Donations and legacies Charitable activities Invcstment incomc Oiliei inLuIne 15,799 885,6a7 1,608 225 15,799 %5,687 1,608 225 Total IllCOTne 9Q3,319 903.319 Expenditure OJL.. Charitable activities 1791,4151 14,2721 1795.687 Total ¢xpenditur¢ 14,2721 1795,6871 Nei incomellexpendiiure} 111,904 14,?791 107,632 Nci movcmcnt in funds 111,904 14.2721 107,632 Reconciliation of funds Total ftlnds broughi fonvard 314.602 40,253 354.855 Total funds carried forward 19 421).5116 Unrc5trictL'd funds 35.9x1 Restrictcd funds 4h2.4X7 2022 Note Income *t)d Endowments from: DDnations and legacies Charitable activities Invcstment incomc 13,474 597,704 373 13.474 597,704 373 Toial income Expenditure on.. Charitable activities 1556,5241 15,6971 1562,221) Total expendittire 1SSC),524) 15,6971 IS62.221) Net incomdl¢xp¢ndityrel 55,027 15.6971 49,-130 Net mov¢rn¢nt in fund5 55,027 15,6971 49.330 Reconciliati¢bn Trf funds Total fvnds broughi forward 259,575 45,950 305,525 Toial ftjnds carried forward 19 314,602 40,253 354.855 All of the charity's aetivities deTive frotn tolllinu]ng operations during the above two periods. Thc noics on pagcs 12 10 23 fomi an intcgral part of Ihcsc financial siaicmcnis. Pa&T¢ 9
| BalanceSheetas | at3LMarch2023 | ||
|---|---|---|---|
| 2023 | 2022 | ||
| Note | f. | c | |
| Fixedassets | |||
| Tangiblcassets | t4 | ?5679 | 35.063 |
| Currentassets | |||
| Debtors | 15 | 45'75) | 29.1 58 |
| Cashat bank and in hand | 16 | 45617q | 3 38.399 |
| 502,131 | 367,557 | ||
| Creditors:Amountsfallingduewithinoneyear | 17 | (6s,323) | (47,765) |
| Netcurrentassets | 436,808 | 3r9 792 | |
| Netassets | 162,181 | 35,1^855 | |
| Fundsofthecharity: | |||
| Restricted income funds | |||
| Restricted funds | t9 | 15qRl | 40,253 |
| Unrestrictedincome funds | |||
| Unrestlictedfunds | 426,506 | 314.602 | |
| Totalfunds | t9 | 162,181 | 35,+,855 |
Community Transport Stafford & District known as Community Link Stafford and District Statement of Cash Flows for the Year Ended 31 March 2023 Z1123 21122 Iyote Cash floivs from operating activitie5 Net cash illCOTn¢ 107,632 49.330 Adjustments to eash flows from non-eash Items D¢pr¢cialJon Investment income R.559 1,608 14,666 3731 114,583 Il'orking tApital gdjusimentS Inerease in debtors IncTe&4e in CTedilor% 116,5941 17,558 120,6831 21.061 L7 Net Cash floivs frorn operating activities 115,547 64,001 Cash floivs from investing aetiTrTrties Interest r¢c¢ivabl¢ and similar incom¢ Purchase of u2ngible fixed assets Sale uf tdngible fixed assets ,608 373 122,7861 14 825 Nei cash flows from invesiing acitviiies 2,433 122.4131 Net increase in cash artd cash equivalents 117,980 41,588 Cash and Lash equivalenig ai l April 338,399 29C),Rl I Cash and cash equivdlenls al 31 MaTch 456,-379 338,-399 All of the cash flows art d¢riv¢d from continuing operatlolls during the above two periods. Thc noics on pagcs 12 10 23 fomi an intcgral part of Ihcsc financial siaicmcnis.
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 I Charlty status The thttTity is liniited by guarantee, incoTPOrnted in Englond, tonsequenily doe5 tiot have share tapitttl. Each of the trugiees ig liable 10 cortlribute an artjount ttot exeeeding £10 towards the assets of the charity ill the event of liquidation. 2 AeeountiTLg policie5 Summary of signlfi¢ant aeeouThtlng polleles and kev a¢countlng estimates The principal accountin¥ policie% applied iii the preparation af tlie8e finaiicial slatenients ate set Dut below. These policie have been eun%istenily applied lo ttll the year% pre%eiiled, unle% oihenvi5e slated. Statement of compliance The fiiiancial stateinents have been PTepared in accordance M'ith Accounting and Repoiting by Charities.. Staternenl of ReLUtllTnended PraLtiLe appliLdble Iu Lharilie5 Preparin¥ their aLcounts in aLLVTLidnLe with the FindnLldl Repurting StanddTd applicable in tlie UK and Republic of I[elId IbR% 1021 (effective l January 20191- (Charities 8ORI? (F'R8 10211, Ihe Financial Reporting Siaiidaid appliLable in the UK and RepubliL uf ITeland {FRS 102). They also LUTnply with ihe COtnpdnie ALt 2006 and Chaiilies ALt 2011. Basis of preparation co[nu11Y T[spOrt Staffotd & Dislnct n]eel% the definition of a public benefit entity under FRS 102. A%%eis Jnd liabilities are initially teLLTrgJ]1sed at hisioTical Losi or transaction value urtless oiher¥vise siaied in the relevant accounting policy noteg. Going eoneern The Ituslees Lunsider that there dTe nu rnalerial unLertainlies abLTruI Ilie LhdTIIy's ability lu wntinue as a ¥uing LUllLern nur any si¥nifi¢arti areas v(unLertainlv thai aIfecl the CLltrying i'alue held by Ilie Lharily. Income and endowments All income is reLognised once the charity has ertlitlemelli 10 the incotne, It is probable that the ineome will be received and the amount olthe Jncome reLeivable Lan be measured reliablj. Dort&iions ondlgg&ciés Donations are recogniscd when ihe charity has been notified ill writing of boih Ihe amount and settlement dale. In the tNent thai a donation is subject to conditioiis that require a level of performaiice by th¢ chariry b¢for¢ the chariiy is entiiled to ihe funds. the income is deferred and not recognised until either those Conditions are fvlly met. or the fulfilm¢nt of those condiiions is wholly within the control of th¢ charity and it is probable that these condiiions wjll be fultilled in the reponing period. Grantf receivable GTdnls ate reLLTr¥nised when the Lharily has an enliilemenl ti) the fiinds and any LLTrndilions linked lu the ¥ranls hdvg been rnel. Wliere perfuTttLTrnce condili(In% aTe attached to the grant and are yet to be rnel, the incoTne is tecogni8ed as a liability and ItiLluded uii the bdlanLe sheet as defetred inLvme tu be released. INvestinerttirtcoM* Dividends are recognised once the dividend has been declared and notifjcaiion has been receil'ed of the dividend due. Pag¢ 12
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 Expendlture All exptnditure is recoyld once th¢re 1.4 a legal or con4trucliv¢ obligation lo that exp¢nditure, it is prob&blt settlement i. required aiid the aTnouiit can be measured Teliably. All cos1% are allocated to the applicable expenditute heading that aggr¢gate siinilaT Costs to that category. WheTe Costs cannot b¢ diTeCtly attributtd to particular headings they have been allocated on a basis ¢on.4ist¢nt with th¢ ust of Ttsour¢¢.4, with ceiitral staff allocated on the ba81% of time gp¢nt, aiid depreciatioii ch3Tges dllocated on the portioii of the asset's use. Other support costs are allocated based on the SPTead of staff cust5. Churitable aclivi¢ie Charitablc cxpLndilurc comprisLS thosc costs incurrLd by the charity in Ihc delivcrv of its aeiivitics and servictt for its bcncfiLiarics. Ii InLliides both costs that can bc allocatcd dircctly io such activitics and thosc cosis of an indircct natiirc necessary to support them. Support ¢0st5 Suppon costs inelud¥ ccnirdl funciions and havc bccn allocaicd to activity cosi caicgorics on a basis Consisicni with thc us¥ of resources, tor example. allocating properly cosis by floor areas. or per capiw siatl'cosis by tli¢ tirn¢ speiit and other costs by Iheir usage. Governance c05t5 Thcsc includc the costs aitribuuqblc to ihc charity's compliancc wilh consiiwiional and sratutory rcquircmcnts, including audii. siratcgjc managemcnt and irustecs mcctings and rcimburscd cxpcnscs. Covernrnent grant% Govem1m¢ni grants are recognised based on the acLrual mod¢l and are measured ai lh¢ fair value of ihe asbet rec¢1v¢d OT receivable. Grants are classitied as relating either 10 revenue or 10 assets. Gratits relating lo revenue are recognised in income over th¢ period in which the related costs are recognised. Grants relatinij io asstis are recog)nised over the expected usefvl life of the asset. Where part of a grant r¢laiing to an asset is deferred, it 15 recogni5ed as d¢feml income. TxtiOn The charity is considered lo pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and ther¢foi¢ it meets thc dctiniiion ot a charitable company tor UK corporaiion rax purposes. Aecordingly, t])e charity is potentially cxempt trom taxation in respect of incorne or capital gains r¢ceived wiihiii categorits covered bv Chapter 3 Part I l of Ihe Corporation Tax Act 2010 or Section 256 of the Taxation of Charg¢abl¢ (iains Act 1992, ¢0 the exteni that such income or gains are applied ¢xclusiN¢ly to charitabl¢ purposes. Tith%ible fixed assets Individual fixed assets c05ting £l.O(MJ OT moTe are initially corded al cost. less any subsequent accumul&t¢d depreciation and subsequent accuinulaled impaiTment losses. DepretlAtlon and amortlsatlon Depreciation 1.4 provided 13nbyiblt fix¢d &t9 so as lo writ¢ off the ¢051 or valuation, less any ¢stimal¢d residual value, over their expected useful economic life as follows.. Asset clllss Fixturcs, fittings and cquipmcnt Motor vehicles Depreciation method and rate 250/b rcdueing balancc 250/0 reducing balance Pa&T¢ 13
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 Trde debtors Trade debto are atnounts du¢ from custotntrs for tn¢Tch3ndi4¢ sold or .4¢piict.4 p¢rfomi¢d in th¢ ordinary Cou¢ of business. Trade d¢biors are T¢cogniYd iiiitially at th¢ tran.gactioll pTic¢. They 3T¢ subs¢qu¢ntly Tn¢asur¢d at arnortis¢d Cost using th¢ effective interest Tnethod, less provision foT impaiTtnent. A provision for the impairtnent of trade debtors is established when theie is objeLive evidenLe that the Lliatity will nut be dble to Lullecl all an]uunls due dLLUI-din¥ lu the oiiginal lerllJs uf the receivables. Cash and eash equlvalents Ca81i and ca4h equii•lent8 cornpii4e cash on hand and call deposit. and other 8hort-tertt] highly liquid inve8tineiil% that are Teadily convertible lo a know ainounl of ca%h and are Subject to an insignificant of change in value. Trade ereditors 'I'tade crtditoi3 ate obligations to pay foi goods OT services that have beeii acquir¢d in the OTdinary cours¢ of business fro suppliers. ALLLTrunls payable ate Llas5ified Liirrent liabilities if the Lharily dues nut liave uncLbndilional riglil, al the end uf the tepLTrrtin¥ period, LO LiefeT seiilemenl uf Ilie LdI10T for al least I.elve inunihs dfter the repurtinLY dale. If there is a Lincunditlu] Tigthi 10 defer seiilement for ai leasi twelve monihg after ihe reporlingt date, they ate ptesenied os non-CLiffenl Trnde creditors are recognised initially al ihe tttnsaciion price and subsequently measured ai amoriised eost using ihe effective Jnteresl meihod. Fund structure Unrcsiricicd incomc funds arc gcncral funds Ihai arc availablL for usc at th¢ Irustctt discrLllOrt in furihcrdllcc of ihc objcerivcs of Ihc ehariiy. Reslrided income fund5 ar¢ those donated for use in a particular area or for specific purposes, the use of which 15 restricted to ihat area or purpose. Pensions and othtr post r¢tirement oblig*tion$ Tlie chaTity op¢r3t¢S 3 d¢fin¢d contribution pension sch¢rn¢ which is a pension plan undeT which fixed contributions aTe paid into a pension fund and tlie chariry has no legal or consin)ctive obligatioii lo pay further coiitributions even it the fund doe5 not hold sufficient assets to pay all ¢rnploye¢s the benefits relating to ¢mploy¢t service in the current and prior pei'iods. CDnlributiDn.4 to defined coiilribulion plan4 are recobTiii£ed in the Siaterneiil nf Financial Actii'iliefi when they are due. If ontribution pawnents txc¢¢d the coiiti'ibution due for service, the ¢xc¢ss is recognised as a pr¢payni¢nt. Pa&T¢ 14
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 3 Income from donatlons and legaeles Unrestrirted fund G¢n¢ral Tot¥l 21123 DDnati011s and legacie£', t)onations from individuals Granis. illcluding capiial g)rants' Govemmenl ¥ran 840 14,959 14,959 15.799 15.799 Unrt$tritted Total Gen¢ral 21122 Donat10115 and legacies., Donations from indii'idual Grants. including capital grants; Govcmmcni grants 1,591 1,591 11,883 11.883 13.474 13.474 4 Income from eharitable actItieS Unrestricted funds General Total 2023 Local AuthoTity Contract Other Contracts FJial.g Ride Mcimbcrships 852,149 24,393 8,8112 343 852.149 24,393 8,8112 343 885,687 885.6¥7 Unresiricted fund General Tot¥1 2022 Loeal Authority Contract Otlier Contract Dial-3 Rid¢ Memberships SetviLeg 581,455 12,38? 3,274 143 450 581,455 12,382 3,274 450 597.704 597.7t Pa&T¢ 15
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 5 Investment Ineome Unrestrirted fund G¢n¢ral Tot¥l 21123 Interest receivable and fiimilai incorne,. Interest receivable on bank d¢sits 1,608 1,608 ,608 ,608 Unrestrl¢ted funds Geiieral Total 2022 Inicrcst rLxcivablc and sinular inLomc,' Inreresi receii'able on bank deposits 373 373 373 373 6 Other Intome Unre5tri¢¢ed funds Gcn¢ral Total 21123 Ciain4 on sale of tangible fixed assets for charity's use 225 225 Pa&T¢ 16
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 7 Expendlture on charltable aCtitIeS Activity undcrtakcn directli. 2023 Stsff costs Rent Insurance DBS Checks 429,740 429,740 6.402 6,505 ,797 1,370 2.629 3,736 6.402 6,505 1,797 1,370 2.629 3,736 Unifotm% Training Priniing. posiage and siationery Advcrtisjng Telephone & bruadband Motor ¢xpense5 Travel expenses Lcgal & profcssional Independent examinhiion Bank Lharges D¢pr¢cialion Donaiion 308,949 4.670 4,009 1,800 358 8,559 43 2,802 30 308.949 4.670 4,009 1,800 358 8,559 43 2,802 30 IT Ttugiee meetings 795,687 795.687 Pa&T¢ 17
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 Activity. undcrtaken directli. 21122 Staff costs Rent Insurancc DBS Lhecks Unifonn Training Priniing. p051agTre and siationery AdertIsIng Telephone & broadband Motor expenses Travel expenses L¢gal & protessional Independeni examinaiion Bank chai-ble Depreciation 321,182 8.228 321,182 8.228 3,596 899 355 3,596 899 355 ,405 910 195,422 .S57 3,697 1,200 257 14,667 ,405 910 195,422 .857 3,697 1,2 ?57 14,667 IT 5C)2,221 5C)2,221 £791,415 12022 £556,524) of the above expenditure was attributable to iinrestricted fiinds aiid £4,27212022 £5,697) to Testricted funds. Pa&T¢ 18
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 8 Analys15 of governanee and support costs Governance costs Unrestricted Tot¥1 2023 General Iiid¢p¢nd¢nt ¢xaminer ftts Examinaiion of thc financial statcmcnts Lcgal & profcssionaj fccs Other governance costs 1.800 4,009 30 1.800 4.009 30 5,839 5,839 Unre4tricted Total 21122 General Ind¢p¢ndent ¢xainin¢r ftts Examination ot'the financial statements Lcgal & protcssionaj fccs 1.200 3,697 1.200 3,697 4,X97 4.897 9 Goyernmellt grants Thcrc was a granl for fucl subsidy tcccivcd from BSOG of £14,95912022..£11,5771 Thcrc was a grant for thc Job Rctcntion Schcmc of £nil12022..£306} The amount of grallts recognised in the financtal slatetncnt5 was £14,959 {2022- £11,883). There were no iinfvif111¢d condi110ns in respeLi of any of the granis. The Charity received no other forms of govemmeni assisiance. 111 Net incumin¥loutgoing rcsource Net incoming resources for the year include.. 21123 21122 tkpr¢cialion of fixed assets 8,559 14,667 I l Trustees MneratIon xnd expenses No trUtee$. iior any pet%on% connected 7th thein. have received any reniuneratioii froin the charity duTiiig the yeaT. No rrusiees have received any reimbursed expenses or any other benefits from the charity during the year. Pa&T¢ 19
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 12 Staff ¢0sts The agEtegate payroll tost5 were as follows". 21123 2022 Staff costs during thc ycar w¢r¢'. Wages and salaTies ocigl security costs Pension costs 421,436 6,650 1,654 315,275 4,889 429.740 321.182 Thc monihly avcrngc numbcr ofpcrsons (including scnior managcmcnt icatnl cmploycd by thc chariiy during ihc ycar was as follows.. 2023 2022 Employees 61 47 412022- 21 of the abov¢ eTnploy¢¢5 participated in the D¢fin¢d Conthbution P¢nsion Sch¢rnes. No employee received emolumenis of more than £60,WO during Ihe year. The total employee benefits of tlie key Inanag¢in¢nt p¢rsonn¢l of the charity were £81,9.3112022. £76,246). 13 Tailltion Thc charity is a rcgistcrcd charity and is thcrctorc cxcmpi trom i&xation. Pa&T¢ 20
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 14 Tanglble fixed assets Land and buildings Furniture and equip]nent Motor vehicles Total Cost At l April 2022 Disposals 2,000 4,()41 127,176 10,995 133,217 110,9951 Ai 31 March 2023 2,000 4,041 122,22? Depreciation At l ApTiI 2022 C.haTgt for the y¢ai Eliminated on disposals 2,000 3,212 207 92,942 8,352 10,170 98.154 .559 Ai 31 March 2023 2,000 3,419 Net botsk vxlue Ai 31 March 9023 622 25,057 25.679 Ai 31 March 2022 829 34,234 35,063 Includ¢d within th¢ n¢t book valu¢ of land and buildillgs abov¢ is £Nil12022- LNill in t¢sp¢d of fr¢¢liold land and buildings and £Nil {2022- £Nill in respect of leaseholds. 15 Debtors 2023 2022 Trddc dcbiors Pr¢paytn¢nis ALLrued illLUTne VAT Tecnv¢iibl¢ Other debtors 17.595 3,869 4,796 6,069 2,767 3,693 16,629 60 45.752 29.158 16 Cash and cash equivalents 2023 2022 Ca8h on liand Ca8h at bank Short-term deposits 213 ?02.700 253,466 110.334 227.961 456,379 338.399 Pa&T¢ 21
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 17 Credltors: amounts falling due w'lthln one year 2023 2022 Trade creditQT5 Olhcr kqxation and social sccurity Other Lreditors ALLruals 48.257 10,684 2,651 J.731 39,878 1,475 1.300 65,393 47,765 18 Pension and other sehe]ncs Defined eontribution pensioll scheme The Lharily operaies % defined eontribulion pension scheme. The pension Lo1 charge for Ihe yeaT Tepresenis Loniribulions payablc by Ihc charily 10 Ihc schctnc and amounicd 10 £1,65412022- £1.0181. 19 Funds Balance at I April 2022 Irtcomithg resources Resourees expended Blanee at 31 Mrch 2023 Uthrt5tritttd furtds General Cienetal Fund 314,602 903,319 {791,4151 426,506 Re5tri¢ted funds Mark B¢n¢vol¢lll Fund 40.253 14.2721 35.981 Ttst funds 354,855 903,319 1795,6871 462.487 Balantt at J April 21121 Resourtes expended BthlantL' lit 31 March 2022 resnurces Unrestricted funds General G¢n¢i71 Fund 259,575 611,551 1556,5241 314.602 Restrlcted Mark Ren¢vol¢nl Fund 45,950 15,697 40,253 Total fund5 305,525 1562.2211 354.855 The spe£ific purposes for which the funds are to be applied are as tolloivs.. Mark Benevolent Fund This grant is for the purchas¢ of mini buses. Pa&T¢ 22
Community Transport Stafford & District known as Community Link Stafford and District Notes to the Financial Statements for the Year Ellded 31 March 2023 20 Analys15 of net assets between funds Unrestricted funds Gcn¢ral Total fullds at 31 March 21123 Restricted Tangible fixed assets Current assets Currcni liabiliiic 12,861 478,968 65,323 12,818 25,679 502,131 65,323) Toial net assets 426,506 35.9SI 462.487 Unrestricted rund5 General Total funds at 31 f+larch 2022 Restrieted funds Tangible f1xed assets Ciirrcnt asscts Cuttenl I1bilItie 17,973 344,394 147,7651 17,090 23,163 35,OC)3 367,557 147,765) Toi21 net assets 314.602 40.753 354.855 21 Related prtv trllsaetlon$ Tliere were no Telated party transaction4 in the year. Pa&T¢ 23