Slough Communlty Transport & Shopmobility Financial Statements For the Year Ended 30 Septembor 2023 Slough Community Transport & Shopmobility Financial Statements For the Year Ended 30 September 2023 Charity registration number.. 1096970 Company registration number.. 04624397
Slough Community Transport & Shopmobllity Financial Statements For the Year Endod 30 Septembor 2023 CONTENTS Page Charity Reference and Adminislralive Details Chairman's Report Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities incorporating income and expenditure account Balance Sheel 5-10 11 12 13 Notes to the Financial Slalements 14-24
Slough Communty Transport & Shopmoblllty Charity Reference and Administrative Detalls For the Year Ended 30 September 2023 Charity registration number 1096970 Company reglstratlon nurnbor 04624397 Trustees Mrs E Cryer (Chairman) Miss M Martinez Monroy (Honorary Treasurer) Mr R Mingard (Vice Chairman) Mr R Gray Chlef executlve offlcer George Howard Reglstered offi¢0 Upton Hospital bert Street Slough 8erkshire SL1 2BJ Independent Examlner Donald Reid Lirftiled Prince Albert House 20 King Street Maidenhead Berkshire SL61DT Bankers National Weslminsler Bank 118 High Street Slough Berkshire SL1 1JH 31Page
Slough Community Transport & Shopmoblllty Chairman's Report For the Year Ended 30 September 2023 As I reflect on the last year. l am delighted lo report that our membership of people with disabilities who need help to gel 'Oul and About. has increased signrficanlly and, although not yel back to pre-p8ndemic levels, this Teport reflects the huge amount of work that was undertaken by our commilled staff teams to help our members continue tr) engage with local communities and to manage their daily INes. l and my fellow Trustees are athays so eaSed lo hear the feedback from our members who regulady tell us that Slough Community Transport is "their lrfeline. lo the world outside their homes. Our Summer trips programme was also fully reinstated in 2023 with a whole range of day trip$ to the seaside. museums, gardens and parks being very well received by the local community. We continue lo work in partnershlp wlth many local groups who regularly depend upon transport lo be able to provide their own activities. Without SCTS their members, lives would not be so enriched, these include.. The Berkshire Blind Society. Bucks Vision. Slough MENCAP, Age Concern, Britwell Kids Clubs, and many of the local care homes. SCTS impacts the Ilves of over 1400 people each year. Much of our activity could be considered 'hidden services, as transport is infraslruclure lo enable people lo get lo where they need to be in a timely and safe manner. All the staff of SCTS are dedicated and professional in their work. and de5Plte daily challenges with our ageing fleet of minibuses. the Drivers and P88senger Assistants carry on making a daily difference lo people's lives. Thank you one and alll During the year undeT review we also engaged in a compelilive lender process with the local Borough Council for the provision of Home lo School transport for the next three years. l am delighted lo report that after many houTS'of hard work. led by OUT Treasurer and our CEO. we were advised in August that we had b8en successful in securing twelve routes for the next three years. A marvellous achievement and anDlher opportunity for Slough Community Transport lo make a drfference lo the lives of Children with disabilities, their families and their carers. ongside the many operational activities undertaken. otjr CEO and l also allend various planning meetings, partnership boards and meetings with members of Slough Borough Council lo ensure that the voice of our mernbers is properly represented as services are planned and developed. For the next year I hope that we will continue lo be able lo gTOW and develop our activities for our members and the for the benefit of all in the Slough Communily who need help lo gel 'Oul and About,. It has been a privilege lo serve on the Board of Directors as Chairman and I thank my fellow trustees for all of their help and support during the year. Sincerely, sleanor Cryer NS£ Trustee I Chairman of the Board of Directors 41Page
Slough Community Transport & Shopmoblllty Trustees Annual Report For the Year Ended 30 September 2023 The Trustees present their report and the audited financia5 s121emenls of the charity for the year ended September 2023. The Iruslees have adopted the provisions of the Statement of Recommended Practice {SORP) 'Accounling and Reporting by Charities. IFRS 1021 in preparing the annual report and financlal statements of the charity. The financial statements have been prepared in accordance with the accounting policies sel out in notes lo the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. TRUSTEES OF THE CHARIT The directors of the charitable company are ils Trustees for the purposes of charily law. The Iruslees who have seryed during the year and since Ihe year end were as follows.. Mrs E Cryer (Chairmanl Miss M Marlinez Monroy (Honorary Treasurer) Mr R Mingard Mr R Gray OBJECTIVES AND ACTIVITIES The object of the Charity is lo provide a Community Transport and Shopmobilily sorvice for such of the inhabilanls of Slough and ils neighbourhood who are in need of such services because of age. sickness or disability {rnenlal or physicall. or poverty or because of a lack of availability of adequate and safe public passenger Services. The object of tho Charity and its desire to provide a public b9nefit is specifically mel by the foSlowing aims.. We aim lo provide a service which regularly transports the aforementioned groups from their homes lo specific locations in vehicles which are adapled lo cope wlh mobility impaired people primarily within Slough and the surrounding areas. We also aim lo extend this service lo occasional groups and individu8ls who wish lo avail themselves of local facilities which they would find hard to access wilhoul suitable Iransportalion. Addf(ionally, we aim lo provide an electric wheelchair/ SCDOter service so individuals can have their own transport to access shops and services primarily located around the centre of Slough. We aim to Provide the delivery of essential services to the community that require the usage of transport. We have referred to the guidance in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future aclivilies. In particular the Iruslees consider how planned activities will contribute lo the aims and objectives they have sel. PUBLIC BENEFIT STATEMENT The provision of community IransFlOrt, Shopmobility and essential services for such of the inhabitants of Slough and ils neighbourhood who need such services because of age, sickness OT disability, or poverty or because of a lack of availability of adequate and safe public passenger services. This is mel by the provision of a transport service IpassengeTS or assistance lo non-passengersl and the short-lerm loan of wheelchairs and scooters. 51Page
Slough Communty Transport & Shopmobility Trustees Annual Report For the Year Endod 30 September 2023 STRATEGIC REPORT Achievements and performance The achievements and perfomiance for Slough Communty Transport and Shopmobility can be measured in terms of the activities that are delNered to the community and theiT social impact. ACTIVITIES Dial A Rldel Otrt and About 5067 individual journeys provided Transport provided 5 days a week with the aim of having 13 a¢cessible vehicles available Monday to Friday for 50 weeks of the year. Extension of the Servi before 8.30am and beyond 5pm, giving members greater flexibility and scope to venture out later or earlier in the day. 14 Summer holiday day tTiPS for registered members and local care homes. Provided free transport to carers to enable them lo accompany members to appointments Contracts wlth Slou h Borou h Councll Provided 12 School Contracts to assist 65 pupils with SEND to access education in Primary. Secondary and College settings SOCIAL IMPACT- from 151 October 2022 to 30th Se tember 2023 Grou ssu orted- Total of 1084 people ITanswted through 146 organised trips '%% 8•rkshlr• Berkshire Blind Society 96 people across 12 trips 60 peo_ple across 12 trips 160 people with learning disabllllies on 16 trips Bucks Vision Bucks Vision Slough MENCAP AGE CONCERN Local Nursin Homes Day Care Transport 40 passengers to various destinations across 8 trips 130 residents lo various destination5 across 20 trips Nursing Home Care SOCIAL IMPACT- from 111 October 2022 to 301h Sg ember 2023 254 Shoppings Delivered 1040 Medications Delivered Em The direct services are provided by a team (rf 28 staff {drivers and passenger assistants} who between them have 194 years of Community Transport experience, specialist training in the management of long term conditions, including epilepsy and drivers who have completed the National Minibus Driver Training Scheme IMIDAS}.
Slough Community Transport & Shopmobility Trustees Annual Report For tho Year Ended 30 Septombèr 2023 Volunteers 4 people seNing as Trustees. 14 people involved in Drlvlng. Fundraising and AdminislTalion. RISK MANAGEMENT The Board has conducted a review of the major risks lo which the Charity is exposed, in particular those relating to the on-going operations and finances. In summary these risks are financial loss andlor loss of reputation caused by negligent or wrongful acts or omissions by persons acting on behalf of SCTS. Appropriate systems or procedures have been established lo mitigate the risks which the Charity faces. Significant external risks lo funding have led to the development of a strategic plan which will allow for the diver5if1calion of funding and aclivilies. Internal control risks are minimised by aulhorisation procedures for all transactions and projects. Procedures are in place lo ensure compliance with health and safety of staff. volunteers, membets and visitors. Control procedures are periodically reviewed lo ensure that they continue lo meet the needs of the Charity. The review of the risks in 21122 involved appropriate provisions lo ensure that our staff, passengers, others were safe and stgnificanl expenditure was made towards PPE required during the global pandemic. Furthermore, insurances are arranged on an annual bas7s that provide the following coverage.. Public Liability Employer Liability Fleet Minibus FINANCIAL REVIEW (INCLUDING RESERVES POLICY} The Charity's key financial objective is lo ensure financial slability and continued solvency, so that it can deliver ils aims and objectives. The Charity has registered £50,532 defiGit foT the financial year ended 30th Sopl8mber 2023. The overall deficit is mainly due lo the utilising the Charity's resources lowar¢Ys the continuation of transport in the community. In previous years the Charity received funding from various organisalions towards the running of the Dial a Ride service which contributed towards the economie5 of 5Gale. This funding is no longer available. However, in order lo keep the service active and while working towards new funding sources, the Iruslees approved the ulilisalion of the reserves towards this year's operations. There was a donation from CATSS for a value of £9,600. Out and About {Dial-a-Ride> income has resumed after a hard slop during the pandernic. Our members and groups have steadily started to travel again and the nurnbers were nearty back lo pre-pandemic limes towards the end of the year. Extended Service5 - school transport services were Provided for the year ended September 2023. The Charity was successful on a 3 year lender for school tTansport services. The contract is for the years 23124. 24125 and 25126. The Charity has also engaged on conversations lo pilot a partnership with the Community Hub in the year 2023124 which would increase the level of income. The expenses for the year increased as the Charity had signrficanl increases in vehicle repair and maintenance costs as the higher costs of parts throughout the sector were passed on lo us as customers. The charity purchased a minibus during the year lo reduce the spend on repairs of older buses. The main activities are funded by way of reslricled and unrestricted funds. If the reslricled income ceived for the year is less than the cost generated by the related activities, Ihen Ihe charity transfers unrestTiCted funds to cover the excess. 71Page
Slough Community Transport & Shopmoblllty Trustees Annual Report For the Year Ended 30 Septembor 2023 RESERVES POLICY The Charity has reviewed ils policy and decided that there should be reserves equivalent lo £70.000. The reserves include tsngible assets that can be sold within 3 months. The nel book value of the assets is £41,606 and the estimated market value of the FA as of the 31 St January 2023 is £95,500. The Charity has not revalued the assets as it does not intend on selling them. RESERVES POUCY 3 mnth$' Expenses {based on estiTrwtgd costs of closure) 70,000 Unrestricted ReseTrEs 82.423 The Reserves al 30lh September 2023 amounted lo £82.423 which Is higher than our poliGy required funds of £70.000. Any reserves above this 3-monlh expenditure reserve will be ulilised by the Charity to help provide a beller service for its beneficlaries. This could include such things as renewing old fleet vehicles. During the year ended 301h September 2023 the reserves above the 3-month expenditure were utilised to carry on providing the exlstlng seNices lo all its passengers. The levd of reserves is reviewed on an ongoing basis. PLANS FOR FUTURE PERIODS Our plans for the future are as follows.. The primary aim for 2023124 Is to continue lo meet the need5 of those members of our community who are unable to get'out and About, without our assistance. For the year ending 3011 September 2024, the Iruslees will be considering the following factors when evaluating how to provide the existing charitable activities.. Dial a Ride- there is a need lo generate addition81 funding (Donations, other Funding and member fares. At the lime of wriliryJ this report the Charity has secured funding from One Slough for the DAR. This funding impacts the number of slots available lo our meTnbers as we no longer can sustain the same level of service {6 days per week, 8..30 10 17..30 and ulilising the existing fleet of 16 vehicles} without addillonal income resources. The funding also needs lo contribute towards the fixed costs of running the charity. The chaTity is engaged in conversations with SBC and looking for partnerships to continue with the provision of this service at a subsided rale to the members of the community. The rates are reviewed annually lo ensure alignment with current inflation. Shopmobility - to ensure that this project can be successfully run there is a need for additional ftjnding via Donations and member fares. As of the time of writing this report there 15 no specifi funding Confirmed and readily available towards this service. ExleTnal services must njn al a minimum annualised break-even point. As of the lime of writing, the charity had won a three-year lender for a further extension of the extended Servi5. This extension provides the opportunity to recover from the deficits generated in the previous years as there is a surplus forecast for each year. The contract prices allow for an annual inGrea$e with urrenl inflation. Covid-19 response- the charity will continue providing community support services while there is need for il from the Slough and surrounding areas. STRUCTURE. GOVERNANCE AND MANAGEMENT Govorning Document Slough Community Transport & Shopmobility {SCTSI is a charitable company limited by guarantee, incorporated on 23 December 2002 and registered as a Charity on 10 April 2003. The Company was established under a Memorandum of Association which established the objectives and powers of the charitsble Company and is governed under its Articles of Association. In the event of the company being wound up members are requlred to conlribute an amount not exceeding £1. Recruitment and Appolntment of Trustees (D5rectorsl Under the requirements of the Memorandum and Articles of Association the Trustees are elected to serve for a three-year period after whioh they musl be re-elected al the next Annual General Meeting. The TnJs18es are supported in their work by the Management Team. which seeks to ensure that the negds of the organisation aTe appropriately rellecled to the Board. 8jPage
Slough Community Transport & Shopmoblllty Trustees Annual Report For the Year Endod 30 September 2023 In the event of a particular skill being required by the organisation, which is not available within the existing Board, then individuals are approached to offer themselves for election. Trustee Induction and Trainlng Most Trustees are already familiar with the practical work of the Charity by either being a member of il or belonging to an organisation which works quite closely with the Charity. New Trustees are encouraged to spend time with the Chief Executive lo familiarise themselves wlh the work of the Charity and also lo allend Governance training. The Board meets every 6-8 weeks and receives reports from the Chief Executlve regardlng progress towards strategic goals. and operational demands. The Finance Committee also meets every 6-8 weeks and receives financial reports from the Finance Officer. The Finance Commlttee reports, lo the Board via the Chief Executive and the Finance Director. The Board meetlngs and Finance Committee meetings ensure an involved approach lo the decision making process. Organlsatlonal Structure Slough Communty Transport & Shopmobility has a Board of Dlrectors which is comprised of 4 individuals who meet every six to eight weeks and are responsible for strategic direction and also the policies of the Charlty. The Chief Executive also attends these meetings but has no voting rights. A scheme of delegation is in place and the day-to-day responsibllity for Ihe provision of seTvices rests with the Chief Executive along with the Operations Manager and Finance Adminislralor. The Chief Executive is responsible for ensuring that the Charily delivers the specified services and that key performance indicators are mel. To enable the organisalion to undertake the above aims it has established the following structure and staffing.. Trustees (4) Sub Commlttes (Flnance, Personnel, Transport) Chlef Executlve Operntlonal Management Flnance Drlvers Passenger Agslstants Volunteers The volunteer element within the organisalion is an essential part of the structure, as they are present at virtually every point in the organisalion, from tnJstee5 members of the Board to helping lo deliver the frontline services and raise funds for the organisation. The lime donated by volunteers. from very varied backgrounds, is invaluable a5 It helps the organisation to have good community input into decision making and to quickly identify any changes to services that may be required. 91Page
Slough Community Transport & Shopmobility Trustees Annual Report For the Year Ended 30 September 2023 TRUSTEES, RESPONSIBILITIES The trustees (who are also direcloTS of Slough Community Transport & Shopmobility for the purposes of company lawl are responsible for prepaTing the Tru$tees' Annual Report and the financial statements in accordance with applicable law and United Kingdom AuntIng Standards {Uniled Kingdom Generally Accepted Accounting Praclicel. Company law requires the Iruslees lo prepare financial slat8menls for each financial year. which give a Iruo and fair view of the stale of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial stalemenls, the trustees are required to.. select suitable accounting pollcles and then apply them consistently., obsetve the methods and principles in the Charities SORP 2019 {FRS 102}.' make judgomenls and estimates that are reasonable and prudent.. slate whelheT applicable UK Accounting Standard5 have been followed, subject lo any material departures disclosed and explained in the financial statements., prepar8 the financial slalements on the going concern basis unl8ss rt is inappropriate lo presume that the charitable company will Continue in operation. The Iruslees are responsible ft)r keeping adequate accounting records that disclose with reasonable accuracy al any lime the financial position of the charitable company and enable them to ensure that the financial slalements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps foT the prevention and detection of fraud and other irregularities. In so far as the Iruslees are aware.. there is no relevant audit information of which the charilable company's auditor is unaware," an the Iruslees have taken all steps that they ought lo have taken lo make themselves aware of any relevant audit information and lo establish that the auditor is aware of that infornialion. This report has been prepared in acoordanGe with the Statement of Recommended Practice.. Accounting and Reporting by Charities (issued March 20051 and in accordance with the small companies, exemptions as found in Section 4153 of the Companies Act 2006. This report was approved by the Trustees on 26th June wg and signed on their behalf by.. Mrs Eleanor Cryer MBE Trusteelchairman 10IPage
Slough Community Transport & Shopmobility Independent Examiner's Report For the Year Ended 30 September 2023 Independent Examiner's Report to the Trustees of Slough Community Transport & Shopmoblllty I report to the charity trustees on my axaminalion of the accounts of the company for the year ended 30 September 2023 which are set out on pages 12 to 24. Responslbilitie¥ and bag15 of report As the charlty trustees of the company land also its direcloTS for the purposes of company lawl you are responsible for the preparation of the accoun15 in accordan¢e the requirements of the Companies Act 20061.the 2006 Act'l. Having $alisfied myseff that the account5 of the company are nol 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 your company's accounts as carried out under section 145 of the Charities Act 20111'lhe 2011 Act'l. In carrying out my examination I have followed the Directions gNen by the Charity Commission under section 1451Sllbl of the 2011 Act. Independent examlnar's statomgnt Since the company's gross in¢orne exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because I member of the Institute of Chartered Accounlanls of England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no malleTS have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act., or the accounts do not accord with those records., or the accounts 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 maller considered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting applicable to charities preparing their accounts in accordance with the financial reporting slandaTd applicable in the UK and Republic of Ireland IFRS1021. I have no concerns and have come across no other rnatters in connection with the examination to which allenlion should be drawn in this report in order lo enable a proper understanding of the accounts lo be reached. Signed.- Daniel Reid FCA Donald Reid Limiled Chartered Account8nls and Statutory Auditors Prince Albert House 20 King Street Maidenhe8d Berkshire SL6 IDT Dale.. ?? gog
Slough Community Transport & Shopmobility statement of Financial Actlvltles Incorporating Income and Expendituro account For the Year Ended 30 September 2023 2023 2022 Lknrestrlctsd fundB Rostrlcted ldI Total Total Income and endowmenls from: Donations and *acies Charitabk &tiMties In$tEnts Other 40,664 365,989 287 10,000 23,497 305,690 365.989 287 Total incoming resources 406.940 10,000 416,940 329,233 Expenditurg on: charitab actimties rnarte Costs 10,000 450,840 16,632 395,774 17,033 16,632 Total expenditure 457,472 10,000 467.472 412.807 Net incomè l (expenditure) {50,5321 {50.5321 (83.574) Transfers between funds 19 41 141) Net movement in funds {50,4911 (41) {50.5321 183,574) Reconciliation of funds: Total funds brought forwerd 19 132,914 65 132.979 216,553 Total funds carried ft>rward 19 82,423 24 82,447 132,979 All income and expenditure derive from continuing aclivilies. The statement of financial activities includes a11 gains and losses recognised during the year. 121Page
Slough Community Transport & Shopmobility Balance Sheet For tho Year Ended 30 September 2023 2023 2022 Fixed assets TarYJible assets 13 41,606 42,532 41,606 42,532 Currgnt assets Stocks Debtors Cash at bank aThJ in hand 14 15 16 211 86,487 33,513 211 62,329 67,997 120,211 130,537 Creditors: anK•unts frdlling due within one yoar Net Gurrent assets 17 (61,8541 58.357 (40,0} 90,447 Total assets less current liabiliti¢s Credltors: anUnts falling duo after more than one year 132,979 18 {17,516 Net assets 82,447 132.979 Charlty Funds Restricted funds Unrestricted funds 19 19 24 82,423 132,914 Total charity funds 19 82.447 132,9T9 The company's financial statements have been prepared in accordance with the promsions applicable lo companies subject to the small company's regime. The Trustees consider that the company is entitled to exemption frotn the requiremenl to have an audit under the provisions of section 477 of the Companies Act 2006 {'the Act"} and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Act. The Trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to acGounting records and the preparation of financial statements. The financial statements were approved and authorised for issue by the Board on 26th June 2024. Signed on behalf of the board of trustees. Signature Eleanor Cryer, Truste Date.. The notes on pages Company registratio to 24 form part of these financial ststemenls. umber: 04624397 131Pale
Slough Community Transport & Shopmobility Notes to the Financial Statements For the Year Endad 30 Soptember 2023 Summary of slgnlflcant accountlng pollcles {a) Ggneral Infonnatlon and basls of preparatlon Slough Community Transport & Shopmobility is a limited company registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 peT member of the charity. The address of the registered office is given in the charity information on page 3 of these financial stalemenls. The nature of the charity's operations and principal actN11ies are the provision of a community transport and Shopmobility services for such of the inhabitants of Slough and ils neighbourhood who are in need of such services because of age, sickness or disability, or poverty or because of a lack of availability of adequate and safe public passenger services. This Is met by the provision of a transport service and the shorl-lerm loan of wheelchairs and scooters. The charity constitutes a public benefit enlily as defined by FRS 102. The financial slalements have been prepared in awordanee with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reportin9 Standard applicable in the UK and R8public of Ireland issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 102}, the Charities Act 2011, the Companies Act 2006" and UK Generally Accepted Accounting Practice. The f1nancial statements are prgpared on a going concern basis under the historical cost convention, modified lo include certain items al fair value. The financial slalemenls are presented in sterlirsg which is the functiona1 currency of the Charity and rounded lo the nearest £1. The signrficanl accounting policies applied in the preparation of these financial slatemènls are sel out below. These policies have been consislenlly applied lo all years presented unless otherwise staled. {b) Funds Unrestricted funds are available for use al the discTetion of the Iruslees in furtherance of the geneTal objectives of the charity and which have not been designated for other purposes. Reslricled funds are funds which are to be used in accordance with specffic reslT1clions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specrfic fund. The aim and use of each restricted fund is sel out in the notes lo the financial slalements. {c) Income recognition All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity is legally enlilled lo the income after any performance conditions h2ve been mel. the amount can be measured reliably and it Is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the selllemenl dale in writing. If there are conditions allached lo the donation and this requires a level of performance before enlillemenl can be obtained then income is deferred until those conditions are fully mel or the ftjlfilment of those conditions is within the control of the charity and it is probable that they will be fiJlfillÈd. Donated facilities and donated professional services are Tecognised in income at their fair value when their economic benefit is probable, il can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift lo the charity. For example, the amount the charity would be willing lo pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. Joint Venture Income from the interest in Thames Valley Operators Is Tecognised as a Donation. 141Page
Slough Communlty Transport & Shopmobility Notes to the Financial Statements For thg Year Endod 30 September 2023 No amount is inclu(Sed in the financial slalemenls fr)r volunteer time In Ilne with the SORP IFRS 102). Further detail is given in the Trustees, Annual Report. Where practicable, gifts in kind donated for distribution lo the beneficiaries of the charity are included in stock and donations in the financial statements upon receipt. If il is impracticable to assess the fair value at receipt or rf the costs lo undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when il is distributed and an equivalent amount recognised as chaTilable expenditure. Income from trading actiVTtles includes Income eamed fTom fundraising events and trading activities lo raise funds for the charity. Income is received in exchange for supplying goods and services in or.der lo raise funds and is recognised when enlitlemenl has occurred. Investment income is earned through holding assets foT investment purposes such as shares and property. 11 includes dividends, inleresl and rent. Where il is not practicable lo identify investment management costs incurred within a scheme with reasonable accuracy the inveslrnenl income is reported nel Df these costs.11 is included when the amount can be measured reliably. Interest income is recognised using the effeclNe interest method and dividend and rent income is recognised as the ¢harity's right lo recelve payment is established. (d) Expendlture recognltlon All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related lo the category. Expenditure is recognised where there is a legal or constrLtclive obligation to make payments lo third parties, il is probable that the settlement will be required and the amount of the obligation can be measured reliably. 11 is calegorised under the following headings.. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its benef1ciaries. It includes both costs that can be allocated directly to such activities and those costs support nature necessary lo support them. Governance costs include those Costs associated with meeting the conslilutional and stalulory requirements of the charity and include the audit fee5 and costs lined lo the slralegic management of the charity. All costs are allocal8d beeen the expendTture categories of the SOFA on a basis designed lo refiecl the use of the resource. Costs relating lo a particular activity are allocated directly, others are apportioned on an appropTiale basis, e.g. floor area. staff lime, elc. The analysis of these costs is included in notes 5, 6, 7 and 8. {e) Tangiblo fixed assets Tangible fixed assets are slated al cost lor deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable lo making the 8s5el capable of operating as intended. Depreciation is provided on all tangible flxed assets, at rates calculated lo write off the cost. less eslimaled residual value, of each asset on a systematic basis over its expected useful lrfe as follows-. Scooters and Wheelchairs.. 20Vo per annum reducing balance Fixtures and Fittings.. 150/0 per annum reducing balance Motor Vehicles.. 20Vo per annum reducing balance Computer Equipment.. 25Vo per annum on a slraighl-line basis 151Page
Slough Community Transport & Shopmobility Notes to the Financial Statements For the Year Ended 30 September 2023 In stocks Stock5 are staled al the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase. Cost is calculated usin9 the fir$t-in, first-oul formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate. Ig) Dobtors and Groditors ro¢eivable I payable wlthln one year Debtors and creditors with no $laled interest rale and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure (h} Impalrm•nt Assets not measured at fair value aTe reviewed for ary indication that the asset may be impaired al each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimat8d and compared lo the carrying amount. Where the carrying amount exceeds ils recoverable amount, an impairment loss is recognised in profil or loss unless the asset is carried at a revalu8d amount where the impairment loss is a Tevaluation decrease. {11 Employee benofrts When employees have rendered service to the charity. short-term employee benefits lo which the employees are entitled are recognised al the undiscounled amount expected lo be paid in exchange for that seTViCe. The charity operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. til Tax The charity is an exempl charity within the meaning of schedule 3 of the Charities Act 2011 and is considered lo pass th6 tests sel out in Paragraph 1 Schedule 6 Finance Act 2010 and therefore il meets the definition of a ¢harilab1e company for UK corporation tax purposes. Ik) Going conGgrn The Charity has been successful on the lender for the renewal of a signrf1canl contract from which the charity derives a large proportion of their income. The contract is for a duration of three yeaTS. A forecast has been prepared for the year ending September 2024 which shows an estimated surplus of £25.000. The forecast for the following two years is a continuous surplus. Given the reserve balance of £82,447, the Iruslees consider il is appropriate lo prepare the accounts on a going concern basis. {[} Judgements and key sources of gstimation uncortainty The following judgements (apart from those involving estimates} have been made in the process of applying the above accounting policies that have had the most signrficanl effecl on amounts recognised in the financial stalemenls.. Depreciation - This is an area for judgement and is based on the directors, assessment of the likely Useful economic lives of the asset. 161Page
Slough Communlty Transport & Shopmobility Notes to the Financial Statements For the Year Endod 30 September 2023 Income from donations and legacles Unrestrlcted Restricted Totsl 2023 Total 2022 Donated Services arKI Fa¢illtles cyrice facility - Accounts soffvarelsenAces CATSS Staff actimb'es Tesco Fundraising Harrison Fundraising Members Donations Shanty Foundadon Berkshire Community Foundation The Edward &)8liNJ Foundation The National Lottery Community Fund Langley Parfsh Church Pharmacy and Tesb'ng serwces 2,412 3,917 9,600 357 1,125 2,412 3,917 9,600 357 1,125 2,400 3.917 1.657 163 303 2,000 5,000 303 5,000 10,000 10,0 9,880 130 5,940 130 5.940 8,760 23,497 10.000 In the year ended 30 September 2023, the Income from donations and legacies was £50.66412022 - £23,497) of which £10,00012022 - £8,760) was attributable lo Restricted funds and £40.66412022 - £14,737) was attributable lo Unreslricled funds. Income from charitable activities Unrestrlcted Restrlcted Total 2023 Total 2022 Sk)ugh {preMoUS SPACE) Dial-a-ride transpx)rt Shopmobility Cowd19 Supwrt Senfices Extended Senrice5 (lrt and About Memtsership fares ShopnK)bility Membership and fares Shoppers lper 7,506 4,404 313.477 48.108 4,404 313,477 48,108 2,047 264,613 31,524 365 989 During the year ended 30 September 2023, the Income from charitable activities was £365,98912022 - £305,690) of which £0 {2022 - £9,553) was attributable to Restricted funds and £365,989 {2022 - £296,137) was attributable to Unreslricled funds.
Slough Community Transport & Shopmobillty Notes to the Financial Statements For the Year Ended 30 September 2023 Other incorne In the year ended 30 September 2023 the charity did not dispose of tangible assets. During the year ended 30 Seplemb9r 2022 the chaTity disposed of tangible assets and did not recewe any income from the disposals made during the year. Analysis of gxpgnditurn on charitable activltles Dlrect Costs Support Costs Note 8 Activlty or Progran Total 2023 Total 2022 Exiended SeNces l)ut and About SFy)pnY)bility CoMd19 Setmces 282,844 35,958 217 51,918 370,937 48,932 25,870 162 4,939 79,903 331,776 61,828 379 56,857 450.840 218,558 121,538 429 55,249 395,774 In the year ended 30 September 2023 the Direct Costs were £370,937 {2022 - £313,560) and the Support Costs were £79,90312022 - £82.214) Govemance costs Dlrect Costs Support Costs Total 2023 Tota12022 Stsff salaries lThYependent eyamina1ion fee er costs 10,513 10,513 1.200 4,919 16,632 10,513 1,200 5,320 17,033 1,2(NJ 4,919 15,432 1.200 In the year ended 30 September 2023 the Direct Costs were £1,200 {2022- £1.2001 and the Support Costs were £15,43212022 - £15,883). Other c051s include phone, postage, printing and stationery, depreciation. computer expenses, rent, repairs and malnlenance, general insurance and meeting rooms.
Slough Community Tran5POrt & Shopmobility Notes to the Financlal Statements For the Year Ended 30 September 2023 Allocatlon of Dlrgct Cost tivty breakdown of Direct Cost Ln Total 2023 Total 2022 Salaries Travel and subsistence Other Staff costs Maintenance of vehicles Fuel cost lincluding rebatel Vehlcles Insurance Other vehicles Cost I Parking Telephone Depreciation General Insurance Pension Bad debts written off Disposal of Fixed Assets Other Expense5- Covidlg Health & Safety 202.773 16,898 16,898 236,%9 211524 494 25.912 25,947 16.454 4,408 IA57 3,204 367 1,428 41 11,498 3,098 1,965 526 112 29,926 387 647 67,336 29,432 18,665 1,292 32881 31.133 15,740 5,029 2,496 10,602 644 246 66 155 3,701 32 155 1,422 245 iio 2,167 217 1.538 1,714 374 21 374 21 505 35.958 217 313.560 Allocatlon of Support Cost tivity bréakdown of Support Cost ro Total 2023 Total 2022 Salaries Travel and subslstence Telephone Postage, Printing and Stationery Depreciation Subscriptlolls and Memberships Computer Expenses Property Expenses Repairs and Maintenance General Insurance Bad debts Sundry Expense5 Leg31 ènd Professional Fee5 Bank Char8es 39,179 22,083 1,685 62,947 62,947 519 74 164 182 4,496 272 39 86 96 2.360 26 817 117 258 287 7.081 765 178 211 460 7,587 225 639 53 53 745 644 102 3,230 347 53 646 182 160 6,945 546 2,277 6,751 394 162 2,907 17 25,870 162 4,939 79.903 Support costs are allocated on a basis consislenl with the use of resources. With the exception of Depreciation, General Insurance, Sundry Expenses and Bank Charges, all costs have been allocated on a Staff Usage l Numbers basis. Depreciation and Repairs are charged on the basis of floor area occupied. General InsuTance, B8d Debts, Sundry Expenses and Bank Charges are charged on usage, as expenditure incurred directly in undertaking an activity. 82.214 191Page
Slough Community Transport & Shopmobility Notes to the Financial Statements For the Year Ended 30 September 2023 Net Income l (gxp9nditure) for the year Nel income l (expendilurel is staled after charging I Icrediling}'. 2023 2022 Depreciation of tangible fixed assets (Gain) I loss on sale of tangible fixed assets Cost of stock recognised as an expense 8,676 10,805 10.805 10 Independent examlnèrs, remuneratlon The independent examiners. remuneration amounts to an independent examination fee of £1,200 12022 - £1.2001. 11 Trustees. and key management personnel rgmuneratlon and expensgs The Iruslee5 neither received nor waived any remuneration during the yeaT12022.. £Nill. The chief executive officeT poslpon8d £2,562 training allowance for payment on the year ending September 202312022.. £2,562). 12 Staff costs and employee bènefits The average monthly number of employees and full time equivalent IFTEI during the year was as follows.. 2023 Numbgr 2023 FTE 2022 Number 2022 FTE Charitable aclNities Governance 26 14 24 13 28 16 26 15 The total staff costs and employees. benefits was as follows.. 2023 2022 Wages and salaries Social security Defined contribution pension costs 302,415 7,612 1,538 276,551 8,431 1,714 312.082 286,696 There were no redundancy I terniinalion payrnenls12022 - £Nill. No employees received lolal employee benefits (excluding employer pension costs} of more than £60,000. 20IPage
Slough Community Transport & Shopmobility Notes to the Financial Statements For the Year Ended 30 September 2023 13 Tangiblo fixed assets Freehold, Land and Scooters & Flxtures and Builings Wheelchalrs F5tt1ngS Motor Vehicles Computer EquipmBnt Total ost or valuatlon As at 1 October 2022 Prior year restatèment Additior Disposals At 30 S•p 2023 9.277 2.101 359,990 8,193 379,561 7,750 7.750 9.277 2,101 367,740 8,193 387,311 Depreclatlon As al 1 October 2022 Prk)r year restatement Charge for th8 Year Disposals At 30 Sep 2023 8,190 1,735 319,003 8,101 337.029 217 55 8,327 77 8,676 8.407 1,790 327,330 8,178 345,705 Ngt Book Valuè At 30 Sep 2023 At 30 Sep 2022 870 1,087 40,410 40,987 15 92 41,608 42.$32 366 There were no disposals for the year. 14 Stocks 2023 2022 Shopmobility Sundries (Radar keys, elc) 211 211 211 211 15 Debtors 2023 2022 Trade debtors Other Debtors Social Security and other taxes Prepayments and accrued incomé 48,844 4,900 5,362 27,381 30,221 4,854 3,825 23,429 86.487 62.329 16 Cash at bank and in hand 2023 2022 Cash and cash equivalents 33,513 67,997 33,513 67.997
Slough Community Transport & Shopmobllity Notes to the Financial Statements For the Year Endod 30 September 2023 17 Creditors: amounts falllng due wlthin ong year 2023 2022 Trade creditors Other creditors Accruals and deferred income 44,227 13,365 4,262 26,744 6,354 6,992 61.854 40,090 18 Long Term Liabilities 2023 2022 Trustee Employee 10,000 7,516 17.516 Loans for a lolal value of £17.516 {2022 - £Nill are due in after September 2024. 19 Fund reconciliation 1 O¢tob¢r 2022 balan¢• blfvid Incomlng Re50urrRs Outgolng Resources 30 Septgmbor 2023 balanco ¢ld Transfers Restricted Funds Fiy£d Assets Fund Donation - DAR 65 24 10,000 {10,0001 Total Rostrkted Funds 65 41 24 Unrestricted Funds Designated Funds General Unrestrict Funds 132,914 406,940 457,4721 41 82.423 T¢)tal Unrestrictad Funds 132914 41 Total Funds 132 979 Fixed A5Set5 Fund.. The transfèr relates to depTeciation on a restricted asset. Donation OAR . Funds of £10.000 Mre made tcMBrds Ihe specific DAR projects. 221P8ge
Slough Community Transport & Shopmobility Notes to the FinancTal Statements For the Year Ended 30 September 2023 1 October 2021 balanc• blfv Incomlng Resources Outgolng Resour¢g5 30 September 2022 balance cl Transfèrs Restricted Funts SPACE - Dial A Flde Trartsport SPACE - spMobIlIlY SPACE - pa&m1C Sences Fixed Assets FuTrd Covid19 Pandemic FdI 7,506 17,5061 2,047 12,0471 1411 65 8,760 18,7601 Total R¢strlct•d Funds 108 18,313 18,313 41 6S Unr&strlct•d Funds DespJnat8d Fwds Gera1 unrestricled FurKIs 21e.447 310,920 1394,4941 41 132,914 Total Unrgstrlctsd Funds 216,447 310,920 394,494 41 132,9f4 Total Fund$ 216,553 329,233 412,807 132,979 SPACE Dial.a.rklè transport.. Funds of £7,506 were made twrds the Dial-a-ride tran5POrt project SPACE Pandènmc Services: Funds of £2,Q47 ere maje towards response serMc&s during th8 CoMd-19 Flx8d Assèts Fund: Tha transfer relates to the rese and Teallocabcffi ID unrestrcted ftjryls. 20 Analysis of net assets between funds Unrestrlcted Funds Restrlcted Funds Total Funds Tangible Fixed Assets Current Assets Current Liabilities LOTYJ Term Liabilites 41,582 120,211 161,8541 117,5161 24 41,61 120.211 {61.8541 117.516} Net assets at 30 September 2023 24 Unrestrtcted Funds Restrfcted Funds Total Funds Tangib Fixed Assets Current Assets Current Liabilities 42,467 130.537 140,0901 42,532 130,537 {40,09)1 Net assets at 30 Septomber 2022 132 914 65 132 979 231Page
Slough Communlty Transport & Shopmobility Notes to the FTnanclal Statements For the Year Ended 30 September 2023 21 Pensions and other postwretlroment bengfits al Defined contribution pension plans The Charity operates a defined contribution pension plan for its employe8s. The amount recogni5ed as an expense in the period was £1,538 {2022 - £1.714}. The defined contribLtlion liability is allocated lo unrestricted funds and Charitable Activities. 22 Related party disclosure In the year there was a donation was made on behalf of a Tru51ee for a value of £3,917. The donation was for bookkeeping services {amounl}. In the year a loan was made from a Trustee for a value of £10,000. This loan is repayable within 3 years and interest free. 23 Joint V8nture The charity has an interest in Thames Valley Operators CIC Limited which is a joint venture with Keep Mobile Country Tours Ltd and Swindon Dial A Ride. Thames Valley Operators CIC Limited is a company limited by guarantee and its registered number is 05431185. The principal activity of this company is developing SOfare lor use by charitable and user member-only enlilies. The dedicated CATSS sofiware provides a logislieal system for the transportation Df people with mobility restrictions which is used by the founder charities as well as being sold lo third parties. The results of the financial year for Thames Valley Operators CIC Limited are.. Yearto 30-Apr-23 Turnover Resultant operating surplus I Ideficill for the year Reserves as at 30 April 2023 278,753 1,436 12.089 The joint venture made donations to the Ihree-member organisalions of £9,600 each12022-£6.600). based on the results for the Year. 241Page