CompaJ)y rebiistration iiiimber.. 04549467 Charily rekii5Lration Iiumber.. 1095768 Community Transport Stafford & District kiiowi) as Cominiiniry Link Si<itTord aiid District IA coiiipany liillited by guaraiitee) Alliiual Report aiid Fiiiancial Staieineii15 for the Year Ended 31 March 2024 Deans Chancird Accountants F.libiible 10 aLt as an auditor in terrn5 Ot 1212 of tlie Cotnpanie5 Act 2006 Ciibsoii 14ous 14un'icane Court Hiin'icaiic Closc Stafford ST16 IGZ
Community Transport Stafford & District known as Community Link Stafford and DistriL't Contents Rctereiicc iid Adniiiiistl'.Itive Detai15 Ch:iii'in<lll'S Rei)rTrr¢ Tru4lLeb' Rcporl C.hiLI'fxcculivc ntticcr's report 6t07 IiidLpendeiii Auditors, Rcporl 8LolO S&tLmeiit of Finaii¢ial Activilies Balancc ShEei 12 Siiiieinei)t of Cash l-lows 13 Ni)IL% 10 tlic FiiiiiiiLidl SialLIMeiiLs 14ID25
Cornmunity Transport Staftord & District known as Community Link Stafford and DRStrict Reference and Administrative Details Trustees Colii) Mdrtiiidale, Cliairillai) Cathcriiie Lyall, Tr¢asurLr Jolin CoDtcs Michiel Allen Percr Bii)gliam John Foy Grah8m Wribhi S¢cretry Senior Mani%ement Team Grahani Ivl'ighi. Cl)ief Execiitive Ra¢h¢l Trow, Offic¢ Manager Registored Office Schotl HoLIS¢ Drniiinioiid Road Astonfjelds StdtT()I'd Staffordshir¢ ST16 3EL The clil.ry is inrorporated iIi EiiLtland. 04549467 Companv Registrat50n Yumber Charity RLglstratioii fllmbLsr 1095768 Bankeri Unity Tlubt Raiik 4 BFiii(Iley PlaLe Biniiingham BI 2JB StaEToi'd Railwcly Building Sociely 4,Markci Squarc Stsftord s-r16 2JH AudTtor Deans Cliartercd Accouniani Eligible 10 ac( a5 an aiidiior iii iei'ins of l ? l ? of the Coinpaiiies Aci 2006 (Jibsoii House Flurricai)e Court Hiirricane C'lose Sial'foi-d ST16 IGZ PKge I
Community Transport Stafford & District
knoivn as Cominunity Link Statford and District
Chaii"man's Report for the Year Ended 31 March 2024
Upvi-iillOIIS Wil'c I?
Community Transport Stafford & District knoivn as Community Link Stafford and District Trustees, Report The trustecs, who al'e dii'eclors for th¢ purpos¢5 of conipaiiy 14lW, Pl'escnt tht aiinual rcporl rogeiher with the fin11 1?Lial stalenients and auditors, repori of thc charitable company for thc ycar cnded 31 MaTclI 2024. TrusteLS #nd orricers Th¥ fNStees and ocficers 5ervin¥ durinuT tli¢ ycar aiid 8iyice tlic Ye1r ciid wcre ab follows.. Tntst¢¢g: Coliii M£lrtindttle. C.hainnan C2ihLrirL¢ Lydll, Tiusurcr Jolu? CoiL tcs Michael Allen Pcter Bingliam Johii foy Secrcthry.. Grdhjrn Wrigi)t Senior manaen)¢n[ I l.eadcr5hip Tcic ni.. Graham Ivright. Chict Exccii(ivc R1( chel Trow. OfFice Mi anasrLI" ObjrLt5VC5 xlld aftivitics ObJlI.$ uiidaiui.I To pi'ovidc J coinmuiiily ti'311sporl servibe for SULh of Ilie iI)l)abiiai)15 WIID are in iieed uf SULI) a service bccau.%L of Jgc. sickiicss oi. di.sabili(y {Incntal 01. physical), or povei'ry. oi. beLause of 21 lack ot- availability of adeqLlYite &iid safe publiL pd4.seiibFer servic¢5. Piibli£. beiiefil Ab rh¢ cfiecL% olcovid have continlicd to Icducc dui'iiin the yuar, Charity n)embei' nuinbers hav¢ in¢r¢iLS¢d considerably. and Dial cl RidL.%ei'vice.% have I'ctui'iied lo i)oi'mal ILVIIS. Most of the meinber5hip contiiiues ro be il)ose iii need of mobiliw aids. ivhich illusii'aies how iimpoilllnt our scrvice is to individuJls. Pilrticulcirly t1105c wlio need access 10 vaccinii lion ceiiircs pr(Jvids11& boih flii and coiitiiiiiiiig Covid prolcclioii. Our usual jOUTllLyS for shopping, medical appoin(mLnls, day Lenire visit.s Rnd ollier fatnily aiid frici)d5 oc¢a5iDns conlinuc to gei)crote il)c niajority of oui. jouiiicys. Th¢ ¢TUSi¢¢s confii'ill Ihal tl)ey liave coniplicd with rlie requirEmciiLs uf seLlion 17 Dr the Charilics Act 2011 lo h8vc due regard to thc public bencfii guidance publishcd by tlie Cli'1ty Conllnissioii foi" Eiiglaiid and Wale5. USE ofipoliiRleer5 Wliilst voluiitecr nuinbcrs have increa.4eil duriiig tlie y¢ar. &Llra¢tiii¥ nEw volui)Icei-s coiitiiiucs to bc a cliallciigc. Thc %upport of voluiilccrs ib CTucial as it enablcs us to ftlfil our coinmiiinei)r to proviclc iiivaluJbl¢ scrvice5 to Cxisling aiid n¢w rncinbcrs of Ilic Lliai'ity. To am'aci iiew voliinieei's, Ihc chariry coniinues 10 iise all local media ¢haiin¢l.s, Financial revieiv The liiiaJici&l rcsulis tor the ycar Iirc sliowii on pages 12 to 28 of Ihib I'cport. Pag¢ 3
Community Transport Stafford & District known as Community Link Stafford and District Trustees, Report Poli£)y (iiI i'estive.s GLllLI'<Jl I'LbLI'WLS IL IllUllllI 10 £7J1.570 . 1 l Maiili 202412023.. I551.751 l ol whiLlI £ l 2.5,871 12023.. £?3.235 1 arL h¥l(1 ¢lq tIXLd ilSbLlts, leiiviiig 4711 1& lllollllt of tl'Le rLSufvcs" otr £C)05,699 12023.. .L564,4971. Tliisc lijnds arc lield lo IiiidllCL IIIL Wl?rkins C<l1)iral iY(IiiTri'eiiieHts of Ilic orgaiii%tstion. 'fiie tru51Ce'S objectii'e is t() Cle¢2te aiid maiiitsiii 4ufticieiit ftinds to cover a StruLturey govll-nacc tsnd inanagerncnt .Wulure ufAiuv#rniiig dtsLiimcnt I-IIC Lliaril<ible Loinpaiiy is govcriictl by its MeiiiorUndn uii(J Articles of A&sociatioii daicd l OLu)ber 2002, as ain¢iided by spccial rLsoliilioiis dated 6 D¢coTnber 2002. 27 Nov¢inbci' 2006 and 2 July 2018. R6'LriiilNi¥iil uiid Iiiiijuiiiliiiyrtr irii.stee.s New InL%tCCg <)rc sclcLl¢d ii) oi'dei. Lo bc i-CPi-CSLniiilive of Ilie divci'sc qiialilics :Iiid ¢xp£rieiice i)ccd¢d Lo liiltil Ihe nl)Jccliv¢b vf ihc cliLII-iry. niaii4i&iLineiii i)ci'soiinLI is .%LI aiid i-cvicivcd aiiniiiilly by Illi ti'¥i.%tCLS. Orgaiir.s(Ilic*iinl Jh'iiLliire Tlie Boai'J of Ti-u5tee.% ineet 01) a r¢gular bdSI.% Lind ai'L i-espoiisible for Ihe sti'ai¢kFi¢ dii-LLllOI) Jiid policy of il)e C.h41'ily. At pi'¥bLiii ihc Bo<iiil hcls ilx I¢47]berS froni V<ll'l¢ty of pi-olcs5ioll4LI hackgTroiiiids Iclcvaiit (o Ihe woi'k ol-tlic C'h£irity. The Llii¢f ExcLLiiive, Mi. liimham WiigThi h<iS I'e5poiisibilily for Trill asiiects of Ihc to day 01)cratioiib of ihc ChJi'ity to LiisuIL th411 li dLlivci's Ilic s¢iviccs si)CLiliLd. i-eniaiiis 5tl'&ilLbFically rclu'aiil and Iliai kLy pLI'loriiidii£c iiidiLli lo1 {11'L IIILt. Pagc 4
Community Transport Stafford & District knoivn as Community Link Stafford and District Trustees, Report RelatlonshTPS M'ith related PArties The FrlLndly Bus Compony Llmited Tlic Priendly Biis Company Li111ited ts a wl)olly owied 8iib.%idi2ry of Coii)n)iiniry Tr21)sport Stafford & District. Majiir ri.%k.¥ iiiid niunagenivNt uf ilio.ye ri.%k.Y In tinies ofaustei'ity fui)diiig streanis are beconiiiig Tnoiy 5hctclied in tliis iincei'taiii ecolloniic cliiiiate. AlteniatiV¢ soiirces of iiicoinu liavc lo hc A prioi'ity, io eiislirc Ilie oiigiiiu SULL¥b5 diid (ULIITe sii%laiiiahilty ol. thl orgaiiisiltioi). All of oiii. pcople ivhLthei' staff oi. voliinieei's. caTry Out a ti'eniendoiis task iii %iii)POi'1iiig 0111. 5eivice iiser5 evcry di& y. Wiihout tII¢ L0171niiliiieiit ol Ilie ieain we would 111)t hL able to prDk'idc tli¢ pi'olcssioiial %crwice tlidt Ihc Glieniclc expicl troin Ihcir traiisporr pro&idLr. Disclosuri of informRtlon to auditor F.acli Iruslce 1i<1S takcn stLP.% Ili<il thLy oughi 10 havL laken as a irusteL iii order to Iliake theingLIvcs <lWlc rc of any relcvaiit audit infoiinic lion iid to est%iblish Ihat tlie cliariry's auditor is awii re of that iiifonmaiion. Thc tnistCC5 confirni that Ilicre is no i'clevanl infonnaiion that ihey knoiv ofai)d of wliicl) rhcy knoiv the alidilor 15 Liiiaware. Th¢ -, Jiual report was llppi.oved by die trustCC5 of th¢ Charity ui) . A.tt.. and signcd on ils b¢lialf by: lin Martindale Truste¢ Page 5
Community Transport Stafford & District
known as Community Link Stafford and District
Chief Executive Officer's report
titi i)Ic
Community Transpoit Stafford & District known as Community Link Stafford and District Chief Executive Officer's report Wc are siill coiitii)uuig 10 strivc to find a pertnanc11t homc and ivorkiiig ivith our partners to find &Lffordiible solution to hou£c oui. glo.11) fleei ot iiew iiiinibiises and ii?heelchair 41dapied cars. We woiild particulai.ly like lo Iliank Stallordsliirc C.oiiiiiy Coiiiicil lor their cviisideratioi). In OLtober ?023 w¢ wcr¢ voiy proud oncc abJ(1111 to ccl¢bFaie a( Stafford Ran&r¢r5 >L. rnany ycars of opcriL tjng a5 an independ¥nl regibleretl chil rit), logeiher Ollr Chariiy m¥tr>bers, colleagLies P<ifiners M-ith1t Mthom we ii'oLild noi be blc to provide tlie w0ndcrS and dedicated s¢n'ice to service user5 and otlicr benefEciaries. My .4incerc th11 iiks go 10 Mi. Colin Mariindit le thc Chaimian of Tnistees ai)d the Board, colle2giie5, voILintecrs. metnhcrs, Si£iffordsliii'e Counry Council, Siafford Boi'ough Collncil. Sioke Ciiy Couiicil and V<ifiQU& Parish Coiinci15 for your P<ifiicip<ilioTr niakiThbF Coininiinity Liiik g?I'owiri&, fin&lllft4illy i-obiisl and successful charily siippoitiJi&y oiir comn)unily inio tlie luture despite a cliallciiging ctii'iroiiiiieiil for tnaiiy cliai'ilies. Graliam Wriglit C'liief Executive Pa¥c 7
Community Transport Staftord & District
knoivn a5 Communih. Link Stafford and District
Indcpendent Auditor's Report to the Metnbers of Community Transport Stafford &
District
Opimin
WL lidVL dudilcil tli¢ fitlilllbial staleineiiis of Coiiiinuiiity Tr&iis1ioi'i StLi1I1)rd & r)is11'iCI Iihc Lli<ll'ity'l foi. Ihc yLai' iTid¢d 11
Miich 2LI?4. wliiLII coiiiprisc the Staleinciii of b iiiui)Lial ActiNitlLS, BLilic IIL¢ %liect, StatCTncnl of L&lbli F Iow%, <iiid Not£s 10
beili applieil iii thuLI- PI'LPcll'atioii is UllilLd Kiiigdi)In IXLL(11111rii?g Slaiidiirdb, ¥iiiiii)iisiiig clial'itii 8ORP I-'RS 102 .111¢
FiiiaiiLldl Repoi'lin&J Staiidai'd ai)plical)Ic in tli¢ UK and Rcpiiblic ot Ii'claiid, aiid api)licable law ILTnii¢d KiDLidoin (JClILI'ally
ALLLpLL.d ALLLiunliiib? Pi'
Community Tyansport Staftord & District knoivn as Community Link Stafford and District Jndependent Audltor's Report to the Members of Community Transport Stafford & Disti"ict Matttrs ivhich iTre Are requircd to report by exceptTtbn Tn Ihe li(rhi ol- oiir knoii'lcdbie aii(l uiider.%landing of Il)e Lliarity anLI il% eiivironmcnt L)biaii)ed in Ihc Lour.se of Ihc uuilil, we havc iioi idLniificd malcrial Inisstc1teineiits iii the Lhllim)an's Ilcpoi'r 111id (lie Tiusiee.s' I<Lpori. We have noihirFg to repon r¢spe¢r (Trf ihe fdloiiTrTri g mEttiers 'h"c the Lonipanies A¢t 7006 requiT¢S Ils to report to you if. in oiir opiiiioii.. dequalL liccoiinting records have nol bcen kLpi. or returns <Ldequaie for our audit hTrvc noi becii recciiied froIn branLhes not visited by us; or thc fin(Iiicial stli tcmciiLs arc not iii agreenieiit witl) tlic accoLintiiig rccoi'ds and i'etiii'ns: or erraiii di.%closures of irustees I'einuiiei'atioii specified by law are not n)ade.' or Ilre Iiavc iiol I'Lceived all the iiifoiinaiioii ai)d cxplanalioi)s we reqiiii'c for our aiidit. RespDnsibllillcs of tru¥tecs As cxi)l<lil)e(I niorL fully iii ihe Cliief ExeLLI(ive OtTJccls repoi't (set oiit oil page 6 and 7), Llie EfLlStees are responsible lor IIiL prLp41raiioii ol-tl)# fin£lllCldl sl&llLiiici)Is and foi- being s2lisfied (lidl Iliey nivc &i (rnc aiid faii. vieiv. Jiid lor SULII iiittl-lliil Lolltiol tlic tJ51% d£tci'iJ)iiie is iieees51Lry to enable tl)e preptitiO of finaneilll stat¢in¢nt5 11)ttt ai'c ft'ce froin iJi&tcrial 1111SS141leni¥iit, ii.hcLher due to fraiid 01- ci'i'or. In pJ'LP&irii)b¥ ihc fJn¥iJiCi¥il siAteJ)ILllts, Ilic trLI.gtecs aje ie.4pgiisiblc foi. &%.4cssin&y Ihe ChIlity,% abilily io Lonlinlle tss J gyoivg, COl)Lern. disLIobing, as ai)plicable. m.qtlLrs rLlale(l ia goiiig conceni aii(l using Ilie going concLrii l)usis of ULC()tii)iiiig uhlLs4 tlle Irustees ciilier iiitciid to liquidate the cli41riry or to ccose operatioiis, or havc iio rcalistic aliernativc bllt to do so. Audltoi. I'c.sponslhlliti¢$ foT the audlt uf thL fin#n¢ihl stati'ments Oiir ()bj¥ctii'es ai-c to ()biaiii ie<1501ldble a&siiraiiLe lboIlI wliciher tlie finaiicial si&ten)en15 as a wholc are frce fruin mdlerial misstatciiiciit, IvlictliLr due io fiaud or eri'oi., (1 to Issue an auditor's rcpoit Ihat iiicludes OLir opillion. Ilea%oiiiibli assurance IS d hi¥h Icycl of assiiiai)ce. biil is lio( <7 ¥TLlalanttc Ihal an Liiidil condiiclLd in ii Ccordance iviili ISA5 IUKI will <i1ii'41yS dctecl L1 m<ilci'ial mi%st(Iicmeiii %hen il tXiSts. Mis.siateim¥nlb Lilli arise froin fraud ()r ¢m)I' diid are L(7iibidgred material il-, iiidividutslly oi. in tlic ag. IcTratc, tliey could i'easonably be expected to iiifliicnci di¢ econoinic dccisioiis of uscis tcikcn on Llic basis Ot. tliesc liiiancial stalcnicnts. The LxLLllI to which our pi'ocedures air capable of dciectiiig irregulai'ilies. iiiclitdiiig fi'aud is delnilcd beloiy.. Pagc 9
Community Transport Stafford & District
known as Community Link Stafford and District
Independent Auditor's Report to the fvlembers of Community Transport Staffr>rd &
District
M'e cis8cscd ihL %iiscepiibilily ul. Ihe COFnpaiiy's fiiiancial st41tcmcii(s li? n11( Iirial 111155tatcm¢nt, iiicludin¥ obiailliri
uiidcr8liiiidiiigJ ul hoH, Irdud iiiiglii ()ccui', l)y'.
Ill
Community Transport Stanord & District knoivn as Community Link Stafford and District Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement ot Total Rccognised Gains and Losses) Unrestrlcted funds Restricted rund5 TTrtal 2024 Nute IRcome Endowmtmts from: tk>iiali0115 diid ILgJ<lcies Charitable a¢tivitie5 Invcslmcnl incoiTJC 20.925 1,204,512 5,018 20.925 1,204,512 5.()1 Total inconic 1,210,455 1.230,4.i5 %pendilllre on: Clioritcible activities 11,086.617 I I.Q86.617) Total cxpendiiu 11,086,617) 11.086,617) Nel iiicoine 143,838 35.981 143,838 'rransfers between funds {35,9811 Nel InovimctTrt in FiInds 179,¥19 135,981) 143,838 RL'conclliatlo]J of funds Tuldl flind% l?roughi fonvard 551,751 35.981 587,732 Total fiinds Cdrricd fonvard 20 731.570 Uiire5trictcd fund5 731,570 Restrictcd funds As rcstalLbd 2023 ]%'ote Iniome And Endnwments froim: Doiiiit10115 lliid Icg41cies CharitablE iicliviti¢s Invesiinail income Othcr inrom¢ 23.340 929.372 1.608 225 23.340 929,372 l.CJO8 ?25 Total income 954,545 954.545 Eipenditvre on: Charitablc aLlivitlCS 1793,8591 (4,2721 (798,1311 Totnl expenditure 179i.S591 14,2721 1798.131) Net inconi¢lirxpcnditur¢l 160.686 14.2721 156,414 Nel movcmeiir iii fuiids 160.686 (4.2721 156.414 ReLonciliation of funds rotal funds brought forward 391,065 40,?53 431,3151 Total funds c1.1¢d forward 20 551,751 35.981 587.732 All of tlie cliarity's activilies derive from LonlinLiing (weralions during tlic above two periods. The nofes on puges 14 LD 25 Forni an intcgral parl of iliese fiiianLial siatenieiits.
Community Transport Staftord & District known as Conimunity Link Stalford and District (Registration number: 04549467) Balance Sheet as at 31 March 2024 As I'L5tated 201 J 2024 FiiL.d A55L.1s TdngiblL assLI.% 125,871 Ciii'rent a5&et5 DLbiiii'.% C'agli iii bnk nd in h<iiid 171,441 45CI,379 14 277.234 403.422 680.056 62Y.¥20 Credililrs: Anivunts falliiig due 1vithi onc yettr 74.C}571 11)5.3231 60_5.699 -$64,497 Net iiii-l'eiit as%efS 711.5711 87.1 )2 I L.1 JSSLf% IIL'411'i('rid illLf)IDc, fund .11 st<iiciiicnts liclvc bc¢n i)I'ul)ared iji aLCOI'daii¢e witli IhL %PLciI pi'ovision5 rel%iliiigJ to COllll)LiliiCS bubjLLL Lu IIIL TIic.4c fin',IllLIL sindll iiinipaiiics reLiiiii¥ wiiliiii Pai'l l i of Lliv ConipaiiiLS ALL 2n06. TIIL tlllklnLiiiI %laiL'miiils 1)11 P£lgFL% I I lo 25 NTrLfL %JppfiivLJ by th¢ IrusleLS. Jiid duihoris¢il fur iSSLlts on 5igl) on theii. behalf by.. 14-aiid I ruslLe Thc nolws oil iiagc5 14 to 25 101.iii ali iiiteisrlll i)arL ol- Ili¢se I IllciiiLial bl<ilcvienib. PagL12
Community Transpoi"t staft.ord & District knoivn as Community Link Stafford and District Statement of Cash Flow5 foi. the Year Ended 31 March 2024 As I'c51#1ed 2024 Notc C85h Ilo)v5 froin (lperaling aLtlvlilcs Net Lasli incoine 143.838 156.414 Adju5trnents to cash fl07Tr5 frum non-cush item5 DLpreLiall()n IiivLslTT]cnL inLUIIIL 17.405 15,U181 11.003 I1.1)08) 156,215 165,809 Woi'king capital adjustments InLreasc in dcbtors Iiicrease ill Crcditoi 14 16 (103,7931 9,034 167,8?01 17,558 Nel Ldsh fluivb Fi'om operdtlllgl dLltvilies 115.i47 C8sh floii's from investing aLtivitlts Ii)teresi rcccivdble aTLd siniilar iiicoime l)LirchJse of i#ngiblc fixed a55Cts Sale ol-iaiigiblt fixed assets 5.018 (120,041) .608 13 825 Net casli floivs fix)in iiivc5ting activitle5 (115,023) Net Idccrea.se}lincrease in cash ¥Lnd casl) ¢qiiivalent5 (52.957} 117.980 c.asli and cast) equival¥iitS 11 l April 4)6.379 338.399 Ca51i lind iasl) cquivaleiiis ai 31 March 403,471 456.379 All of tli¢ ¢h tlotys are d11'ed froin coniiiwing Op.ationS diiring tlic above two periods. Th¢ Jiotes ON pages 14 to 25 forni ali iiitcgral part of th¢sc finaiicial statenieiiis. Page 13
Community Transport Staflord & District
known as Community Link Stafford and District
Notes to the Financial Statements foi" the Yeai" Ended 31 March 2024
Chai'ilv siutU5
Th- chai'iry is liiiiiied by li171.lI}teC, inttsl'pul'clted iii Ei)glapd. a11d COliSCqLiei)tly docs not h1¢ I'e sliare c,Ityitnl. EJcli of tlie
Lrii4lLLS 1% li¢21)Ic Lo LL)nti'ibiE(e ali ¢iinoun111uI eXLLediIib £ I n Iowill'db IhL ll%beib ofiiic LI}11-1(Y 111 Llic cvcnl ill. liqiiiddlioii.
2 AcLouiitinu polieie5
SuThmary of sigiiifirant accounting poli¢i¢s and kcy aecountinE ¢5timatt$
'rhc priiiLIPli l aocoiintill¥ policies applied in thc pitpai'atioii of iliesc tiiidnci(tl statC111¢11rs al'e set out below. Thcsc poliLies
liave hLeii coiisi.%lLiiily ai)plied i() ¢ill tlie year.s i)rc%enied. uiilcs.% oihlrwise sldtcd.
StatL'nlLTIt uf LoinpliallLL'
'l-h- fl11&2nLi&l %lateiiiLii15 liavi bccn pi'eiiai'ud aG¢oi'diiiice 1th A¢Gouiiiingf <ind Rpor[li]g by C1111'ifie%= Stat¢nl of
11)i)li¢ablL' iii Ill UK l)d RtpubliL ol Ii-LlaJiil IFRS 1021 lcfttctive l Jdiiiiaiy 20191 Icliai-itics b()RP 11.-Ilb IQ?)), tliL
Staiidard applicalilL 111 Ilic UK aiid Repiiblic of IrL,laiid IFRS 1021. lliLy also itsnii?ly witli IIiL
siLinitlLd111 Ji-ccls Ot UllLLI-tainly tliai atlcct Ilie cdJ-iryin¢T valiic lield by tIiL Llidi'ily.
Ileclassififation ot" comparative amount5
Tl)¥ prioi. yCLir tS<TrUlf5 liavL beiii res(Jicd folloivinb Lli¢ audit tor Ihty finAiiLial yL%ir cii(Icil 31 MilrLlI 2024. 10 CLlblLrL tIIiL t
11)Loine liHs bcei? corrccily Icfl¢cted diii'iii" tIIL Lonipal'atitie pci'iod. Depirci4Uoii I'¢S liavc lieeii I'csiat¢d Iii acLOI-daiiL¢ willi
IhL 115LfLII IIVLS of lh¢ ni()li)i- vLliiclcli iiiclLidLd iii fixeLI aSeL$.
Income #nd eiidoR'MeJits
All iiicoiiie 1% rLcogLiised OllLC tlie clidrity h¢lS ¢nlitlcincnl to Ihc inecniu, il is proL)abl¢ that thL ilicotne will b£ receivcd and
Ilie
Community Transport Staftord & District knolvn as Community Link Stafford and District llotes to the Financial Statements for the Year Ended 31 March 2024 liive.Ytnieiii iiicoiii liilcrL'Si inconic is reco¥Fnised 0ilCC the iiiiercst lirfls becii dcc11£ rLd and iiotificalion l)as been rcceived of Ilie iiilei'csi diie. Cliariluljle uctiyirie.Y Ineomc fron) charitable aciiv&t.ies i*eludes Trncolne ettrncd Iroitt eouneil biis contrttets. J11¢07n¢ is reccil'ed in ¢xchwig¢ for supplyinbi services in order (o raise funds and is Tccogyniscd when cnlitlciiicnt has OLcurrcd. Eypendlture All expcLidilur¢ is (Olis¢d oiicc tlicr¢ 1,% a l¢gul OT (Qllstniclivc obli8RtioJ) to iliat exp¢nditur¢, it Is pi'obablc scttlciiiciil is i'¢qiiiied aiid tlic aniounf can bc iiieasiired I'eliably. All costs arc allocatcd to tlie applicablc experditure licadino Iliat ,IggTeg&il£ siinilar c051S tn thai category. Whcrc co.%t.% cannoi b¢ dircctly attribiiicd to partiLvl£2r liÈadiiig.% Ilicy Siavc bceii I IIoc41fed uii a b8515 con.%LStent witli tIiL usc of I'esoui'ccs, with ccnti'al staff costs allocatcd oil tlic ba51.4 of tiine spciil. and deprecialion charbres ollocaC¢d on Ilic portion ot-llic a55Ct's us¢. Othcr support GQ5ts are allocaicd based on tlic sprcad of stsff osts. Churitaljle dclivliieJ• Cliai'ltable cxpenditui'e comi)ri.%es Iliosc costs inciii-l'ed by the cliai'ity ii) Ihe dcli&eiy of ils ae(ivities and services for its l?ciieliciciri¢s. li iiicliidcs boih cosis thai CGlli be alloeaicd ditecily to siicli aLlivi(ics ajid (hosc c()SL% nf dn iiidiTLCI lliÈ Luie nccessary to support tlicin. Support cost5 .Siipporl costs ii)rludc Lciiti'al fiiiiclions aiid have becii allocalcd to) activily Lobl LalLgTyi'icb on a basis consibtenl iTriih Ilie iise of rcsourccs, for exainple. allocatiiig properly cobLs by floor eas. or pcr CdpiLa. sLaff cosls by tjie tline spenl diid odier costs by iheir usage. Gov¢rnanLe cvsts Thcs¢ include thc costs ilti'ibutablc IE) tllc charity's coinpliaiiut iwitli constituiional and statutniy rcquiiiinLnts, iiicludiiig udit. Sli"tttcgic iTJaiiagcinciit wid trustCC5 m¢ciii)gs and rcinibui.Cd exp¢i)scs. Government grants Governnieiil LTTallt5 arc r¢co¥nised based oli tlie acciual iiiodel and al'e Incp5ured at Ilie fclll. Viiliic of il)c asset I'ec¢iTred or rcccivable. CJrants are ¢lJ%sificd as I'clatiiig eithei. ro rcveiiuc or to asscts. GrwJfs Iclaiii)g io rcvcnuc are rCc0gI5ed iii iliCOLnc ovcr Ilic period in wliicli tlie rel¥tt¢d Costs are I'ccognised. C)18nL% I'elatiiig ro ass¢is are rc¢ogiiiscd ov¢r tli¢ tyxpected uscfiil lifL ()f th¢ asset. W1)C part of a granl relating to aii asset is dcferrcd, IL 1.5 rt¢ugniscd 85 deferred iiicoiiie. I'axation Thc cliai'ily is CDnsidered to pass tlic tcsL5 SEt out in ParAgrapli I Scliedule 6 of thc FinAtLCe Act 2010 and tliercfore it mcet5 t]ic defiiiilion of a chaiilable company foi. UK coTrorit tioii tax PLirposes. Accordingly, tlie charity is polciilially exeinpl Ironi iaxalion in respecl of inLoJne or capilal gai11s received ivithin categoTies covercd by CIILlplei' 3 Pari I l of thc CorporLi(ion Tax Act 2010 oi. Section )56 of the Tayation of Chargcable Gaiiis Act 1992, to the exrent that such income or giiins ai"e api)li¢d exclii.%ivcly to chariiahle piii'poscs. TaDgible fixed a5set5 Individual f2xed assets costing £ 1.000 or Inoir air initiRIIy Tecorded at cost, less aiiy sub.4equenl accuinulated deprecilltioii and subseqiicni kcciimiilaiLd imp<iiinieni losses. Pa¥e 15
Community Transport Stafford & District
knoivn as Community l.ink Stafford and District
Notes to the Financigdl Statements for thL, Year Ended lj March 2024
DLpfLliJtion anil ainortisllion
r)cpi'CCliilll)11 18 Pl'()i'itILd on (angible fixid asscL8 SO lis 10 wrilc ulf IhL LOSL or valuativn. Icss Iiny CbiiiiiateLI I'¢sidiidl v;
É7Nir Ihcir ¥XI)¥Llcd 11SLful LLOIIOIiiiL life as lollnivs..
Assel class
Ixlui fillinyi8 and Lquipmcnl
Moioi. vehiclcs
Deprcci¥liDII IMLthud avd I'alL'
25'/1I fLcluLing balcinve
IOQ/v Sti'aight liiie
Trade debtors
Ti<iLIL debii)rs lre &inoiiiilb duL fi'oni cugiomeis toi" mcrchiiiidise sold or serviccs p¥i-loiinLd in Ilic ordinktry coiirge of
busiiicss.
Tr<id¢ dchioi-s ill'c I'L¢o¥iiisLd iniii£illy ai (IIL LfJiibiicLinn pi-ILe. Tl)Ly arc sul)5CLIIILlltly measurLd al iiimoi-libid Li)st iisillb Ilic
effcLtivc iiitcrLsI IlILtliod. leS iii-ovision foi- iiiipaiiiiicnt. A i)iovision foi- Ihc inipaiiiiicnt of IrLiili dcl)Ioib Lb ¢5tiibli%licd wlicn
-ade ci-A:ditoi-
Ti'iidc crcditOTb are rccogiii8ed iiiÈti
Community Transport Stafford & District known as Community Link Stafford and District Note5 to the Financial Statements for the Year Ended 31 March 2024 3 Income from donations leg#cl¢% ijnrestricted fund¥ GenLrAI Totthl 2024 Donat10115 aiid IcgJctcs,' Doncltioiis Ii'oin iiidividu£ils Gra¥8. inelLiding capilal gl.a1?. Govcrniiiciit grJiits 250 250 20,675 70,675 20,925 20,925 Unreslrscted funds General A& restaled 2023 Doiiations and leaCles.. Doiic1tiuii% ftDin indii'idiiiils Graiils. includiiigT Cl¢ Pltal 1Vants., Govenimen( &TI'4Tits X40 84 23,340 ?3,i40 4 Income from ¢hthrlt4ble act5vllies Unrcstrlctul fund5 GLni'r&l Total 2024 Local Authoi'ity CoRtr¢lCt Othir C013tracts Dial-a Rid¢ Mernbci'bhips 1,128,290 59,324 16.349 549 1.128?90 59,i24 16,349 549 1,204.51 ? 1,204.512 Unrestrict¢d funds Genci-al As restated 2023 LoLal Au(lioriry Coiiira¢i OLher ConL¥acts Dial-a Ride Mciiibersl)ips 895.835 24.392 8,802 343 895.835 ?4.392 8,802 i43 929.372 929,372 P¢ige 17
Community Transport Stalford & District knoivn as Cominunity Link Stafford and District Notes to the Financial Statements for the Year Ended 31 March 2024 5 IniL5lmeiit inLonie UnYL'stricted (uiid GLiierlll 2D24 liilercst 1'eceivable and biiiiilar iiicoine. Inl¢iESt I'eLeivttble oi) bliiik d¢posiis 5.ul 5.olx 5,018 5,018 Lnrestyicted funds GenLbi'lll As re5t&ted 2U23 I,qblc on ba13k deposits 1.6U8 1.608 1 ,608 1,fi08 Ailii'il). dirLItII' -fj70,7U9 15,2t40 5.269 4.805 570,709 15,2RQ 5.269 4.8115 gtciif Ll)Sts TnsiiruiiLC DBS iliLLks 4.13CI 4,136 1.717 2,(161 I,hR(I 419.423 PL)sldgL ciiJd sialioiici'y 2.()(71 l.()80 439,4?3 Tul¥i)IIonL & bmadb&iid Moiui. pChL 6.ISI l.L¥iiil & Piofis5ic)nJl AciuuiitilllLy cos15 Biiiik LliariYL. DcprLLidlio IT i.ono X.S.5 17.4115 3.456 102 3.45(1 102 TiiisteL rnectiiittS udit fee Bcid DLbi* 3.7iO 2,4(11 I,OR(i.()17 1.086,617 Page 111
Conimunity Transport Stafford & District known as Comrnunity Link Stafford and District Notes to the Financial Statements for the Year Ended 31 March 2024 Actlvlty UD(lertkell dlrLiCtIv As A'cstuteil 2023 Staff costs Reiii 429.740 11.120 6,40? 429.740 6.40? 6,505 1,797 DBS cliccks Uiiifoiills Training Pi'iniiiig. i)os¢aoe aiid stationery Advcriisiiig Tclcplioiie & broodhJnd Motoi. expciiscs Travel expeiise5 Lcglll & prof¢ssioi)al Accouiilaiicy cos15 Bank Lharges D¢pi'eci¢iliQii T)Lination 1,797 1,370 2.6?9 3,7i6 1.16 308,949 4,670 4,009 1.800 i58 11,003 43 2,802 30 ?.629 3.736 308.949 4,670 4,009 1.800 i58 11,003 43 2.802 30 Tiust¢¢ m¢etings 798,131 798,131 LI,086.617 {7023 £7Y3:859) of ihe aboipe expciidilui'e ivas alti'ibutablc to 1r¢StriCtEd fiu)d% aI)d £Nil {?O?- I'LSlI'icILd luiids.. £4.2721 to 7 Ana3ysis of governunce and support cost5 Govcrn/n¢£ cv$t$ Unre5trict£d fuTbd5 Gencral Total 2024 Audit feES Aiidil ol. th¢ fiftanci4LI Sial¢nicnts Lcgal & professioii#l feets Oiher govcniat)cc costs 3.750 4,130 102 3.750 4,13 102 7.982 7,98? Pc?ge 19
Community Transport Staftord & District knoivn as Cornmunity Link Stafford and District Notes to the Financial Statements for the Year Ended 31 March 2024 UnrL'5lrict¢d fun(Is GLllLsral A& rest.Ited 202.1 IndLpeTidciii exainiiier fecs xainiiiaÈioii of Ll)¢ fiiiaiiciiil stlL teniciiL8 l.eokil & i)I'ofcssiunal i¢Lb Oiliei" govcriianLL Losls i.Aoo 4.009 30 i.xoo 4.009 30 -fj.X39 11 Net ineomingloutLJoiiig rcsiburccs As restated 2023 2024 7,7511 17,405 Aiidil IiL% Ni) Ii'ii¥lLL% IiJvc i'L"ccivcd aii)i i'ciinhurscd ¢xpeiiscb iir &iiy oiliei- bcIiLliL% l'i'on) IIIL cI)&ll'lty diiring thL yCal-. 10 Auditors, remunclratioll As restutcd 2023 2024 ,ffjuolil ol. lh¥ liiidiiciiil stateiiieiiib. 3.750 Page 20
Community Transport Stafford & District knoivn as Cornmunity Link Stafford and District Notes to the Financial Statements for the Year Ended 31 March 2024 1 I Staff cost The aggrcgT411e PiiyI'oII costs iverc i¢.4 follows-. As rtsiated 2023 2024 Staff costs duriTh the vear svere: Wages ld.%lwAcS Social s¢ciirity costs JLnsioD co.%r8 Olhcr staff costs 562.844 5,598 2,21)7 -1.342 471,436 6,650 1,654 574,051 429.74n The moiiilily 7ver&¥L nuTnr of pcrsons lincludiiig s¢iiior Indiiagcnicnt leam) cinploycd by ihc c111£ rity diiriiig IIiL yLur ivas s follow.%'. 2024 '0 2023 Einployec 70 61 912023 - 4) of lh¢ abovc ciiiploy¢es pHrticipat¢d in the DcfiDcd Conts'ibution Pcn5ion Schuncs. The nuinl)ci- ijf einployees wliosc cnioIuTneiTr15 fell ii'ithiii the followiiig bands i¥as oiic, iiot ijicludiiig rctir¥iiieiil bei?efilb hich al'e accruiiig uiider a defined coiiiributioii schcnie. 2024 2023 £60,001- £70.000 Thc totsil employee beiicfits of the kcy tnana¥cineiit personnel of tlic cliarity wcrc £1 00,39112023 - £81.9311. 12 Taiation Tkne eliaLiiy is a regiisrered charity and is tlierefore ¢xemi)t froni taxation. Pa(ye 21
Community Transport Staftord & District known as Community Link Staft'ord and District Notes to the Financital Statements for the Yeai" Ended 31 March 2024 13 TthnLTiblc lixed Mssets L#n(l alld buildings Tr'urnitUl'L' ]Id Lquipincnt -Molur I'ihilles TotAI Cost At l AiTrril 2023 AddiLions 2.000 4,041 122,222 120,041 120,041 At 31 Mai'ch 2024 2,000 4.041 ?_36,222 242,263 Doprtcixtion Ar l Aiiril 2V23 Cli%1rgc foi" Il)C 2,OlJO 3,419 156 9.3,-56R 17.?4l) 98,987 .405 -4131 Mai'ch ?U24 2.00(1 3,575 110.817 Lt bi)ok' v#luL At 11 M:Iicli ?1124 4CI(I 1)5,4JS 1?4 971 14 1)Lhtoi's As rcstatL.d 2023 2024 Ti'ddL dcbtors Diikn fi'()iTr groiii) uJid¢i-l<ikings Pi-ci)Ic YIIILIIL ALcNcd illLUIIIL VA T I'ecovci'1c bl 1 ?4.-56.f 135 5.67n 17.495 611 3.86L) 13?.4S5 19.432 18,918 277.234 17i.441 1 S Calli Jiid ca.sh equii'aleiits A& i'Lslated 2112.1 2024 236 213 Cafili Lil bdiik 51)orL-ILmi dciiosits 144.841 258,345 253.4(76 403,4fj? 45(),77 Pabye 22
Community Transport Stafford & District knojvn as Community Link Stafford and District Notes to the Financial Statements for the Year Ended 31 March 2024 16 Credilors- MoUnt5 falllng duc ivithin ODC ycar As re5laled 2023 2024 Trad¢ ciediiors OihLf IdXil(ioIi aiid social sccuriiy Oihei" creditors A¢¥ruknls 57.417 5,001 2,?12 10,327 48.2)7 10,6R4 3,731 74.957 65.323 17 ObliElltinng under lettse5 And hlrc purchase contract Tlie lothl Vdliic of tiilurL Ininiiiiuin lease p&yinLiIEs wx% follows.. 2024 Ivithin onL yeGir In two to fivc years 50,31 C? 14J.352 193,668 18 Pension and other scliemes Dellned contribution pensioii scliejne I'hL Lharily ()PLfl< Ics a dcliii¢d Coiilributioii P¢llS1011 5¢htiii¢ oji bihaifof. IES cJnploy¢¢s. Tlie peiision c051 cliargc for Ihe year i'epirseiits conti'ibiiiions pnyabl¢ by tli¢ ¢liarity to th¢ schcni¢ Liiid ainowited ¢0 £2.?6712023 £1.654). Thcr¢ w¢i'c oulsiaiidiiig coiilribiitioiis ot £1,06112023..£1,399) JL Ilie year eiid. 19 Commitments Other finaniiAI commitmLlIts Tlierc w¢ri li() Lapital conimiimLntS ¢11 tlie year Lnd {2023..£iiill The tot£il aiiiount of otlicr financial LDllllllltI)ients not i)rovided in di¢ fin¥Lncial statciiicnts was £Nil (2023 - £Nil). Pa¥E 23
Community Transport Stat'lord & District known as Community Link Stafford and District otes to the Financial Statements for the Year Ended 31 March 2024 21) Fund B3)ln¢¢ at I April 2D23 Incomin£ re5flurcc5 Rcstsuriu¥ c¥pcnded Bal)ITlCC klt 31 N1iirch 21)24 Ti'ansfL'f5 UnrLlitrictLd tunds GLinerul Cjenei'dl Funil 551,751 1,23U,455 11,086,617) 35,9¥1 731,57U RLStricted funds M1( rk BenLvolenL Fiiiid 35.981 (35.9811 TDtg1 funds 5R7.732 1.230,455 I I.OR6.6171 731.57U BlI1cL Jt 31 MarLh 2U23 As restated Il#l&)ncL ut I pril 2022 InLoming resoui-ce5 RLsuurL'es expended UliTL'StI'iLtL I'und¥ -f51.7f I 41).753 14.7721 35 1}%1 'l-olAI funds Yi4.545 j87,73? The SPLLifir piii"pos¢s foi. wliich ihL fuii(Is ¢arc lo bc applicd rc a5 fnllow5'. (iell¢nl accuniulcilLd lun(18 Gire iiniLs11-iclcd liiiid5 a>ailJbe lo ilie cliarity lor ILS Lyenerdl piirpv5eS ciiicl iiiclLidc. Ir(In) liiiie lo Liinc, fund.% d¢sig?iial¢d l)y Ihe LliilT-ily for particular pui'postys. Ilie Ube of &iny SULI) dL%igiiiled IuiiLIs I'cniailling <71 al I iiiiies ai Ilie discretion of tl)¢ Tiustees. Mai"k Bciievolciit Fuiid This &FFciiil I. I1. Ili¢ piii'chcisc ol. n7iiii busLb.V¢liiclLS havc bccn ilcqllil'ed diii-ii)LJ 2024 InkLkin¥ Iiill LISC of Ilic I'eiiiaiJiill¥ resiriLl¥il liinds. PauTC 24
Community Transport Stafford & District knoivn as Community Link Stafford and Dfistrict Notes to the Financial Statements for the Year Ended 31 Marcli 2024 21 AnAIy515 of nct aS5eti bcliiecn funds Unrcstrictcil funds Geiiernl 'rot#l fundy xl 31 M#rL,h 2D24 Tli iigible fixcd &1ssets C.llircnl Jss¢ts 125.X71 680,656 (74.9571 1 ?5.871 68Q.l)56 174.9571 Toial nci ussets 731.570 731.570 L'nrestrlcted funds Total fund5 at 31 N4kreh As restated 2023 Restricted Gener41 funds Tangible fixed asseis CuiTeJii dSbeLS CuiTcnt liabilities 10.417 606,657 165.3?31 12.818 23.163 23,235 6?9.¥?o 165.323) Tolal IILt &s.4e(s 551,751 35,981 587.732 22 RL.1ted party tran%actions Thcrc wci'c no I'¢latcd party traL15ilCtions in tlie yeur. Page 25