**REGISTERED COMPANY NUMBER: 04305225 (England and Wales) REGISTERED CHARITY NUMBER: 1097900**
## **Report of the Trustees and**
**Unaudited Financial Statements for the Year Ended 31st March 2022**
**for**
## **CENTRAL LANCS DIAL A RIDE LTD**
Abrams Ashton - Chorley Limited Chartered Certified Accountants 41 St Thomas's Road Chorley Lancashire PR7 1JE
**CENTRAL LANCS DIAL A RIDE LTD**
## **Contents of the Financial Statements for the Year Ended 31st March 2022**
|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|3|
|**Independent Examiner's Report**||4||
|**Statement of Financial Activities**||5||
|**Balance Sheet**||6||
|**Notes to the Financial Statements**|7|to|12|
|**Detailed Statement of Financial Activities**||13||
**CENTRAL LANCS DIAL A RIDE LTD**
## **Report of the Trustees for the Year Ended 31st March 2022**
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES**
## **Principal activities and objectives**
The principal activities of the charity in the year under review was that of providing transport for the mobility of the disadvantaged within the community.
The charity's central objective is to provide relief to the inhabitants of Chorley and its environs who have needs because of age, mental or physical disability, or poverty, and in particular but not so as to limit the generality of the foregoing:-
a) to provide and maintain non-profit community transport services; and
b) to assist the charitable work of organisations and bodies engaged in promoting the relief of such persons through the provision of appropriate services.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
## **Organisational Structure**
Central Lancs Dial-A-Ride Ltd is a registered charity, which was incorporated under the Companies Act 1985 as a company limited by guarantee on 16 October 2001. The charity does not have a share capital and the liability in respect of guarantee is limited to £1 per trustee. For the purpose of the Companies Act 2006 the trustees act as directors of the company.
The charity was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.
The charity is run by its Board of Trustees and all major decisions are made by them. Mrs T Keating is the manager of the organisation and makes the daily decisions, which are then communicated to the bookings manager and the drivers.
## **Risk management**
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
## **Trustees responsibilities**
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently
- make judgements and estimates that are reasonable and prudent
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees have complied with the duty in Section 17(5) of the 2011 Charities Act.
Page 1
**CENTRAL LANCS DIAL A RIDE LTD**
**Report of the Trustees for the Year Ended 31st March 2022**
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number** 04305225 (England and Wales)
**Registered Charity number** 1097900
## **Registered office**
Unit 3 Lower Healey Business Park Froom Street Chorley Lancashire PR6 9AR
## **Trustees**
Mr B Clarke Mrs C Heath Mr N Sutcliffe Mrs E Gamble Mr I Simmonds
## **Independent Examiner**
Abrams Ashton - Chorley Limited Chartered Certified Accountants 41 St Thomas's Road Chorley Lancashire PR7 1JE
Page 2
**CENTRAL LANCS DIAL A RIDE LTD**
## **Report of the Trustees for the Year Ended 31st March 2022**
## **TRUSTEES REPORT Registration and Appointment of Trustees**
The Articles of Association require members of the Management Committee to elect from amongst their own number honorary officers to include a Chairperson and Treasurer, and may at any time remove or replace such officers. Officers shall serve for one year, after which they shall be eligible for re-appointment provided that no person serves for more than five consecutive years in the same officer post.
## **Review of Activities & Achievements**
The Trustees report an increase in net funds of £12,829 (2021 - increase of £72,013).
The charity's operations have been greatly impacted by the restrictions, imposed at Governmental level, due to the effects of Covid-19.
This year has seen the easing of restrictions and this has enabled the charity to resume operations to a degree, but not yet to the levels achieved prior to the pandemic.
## **Risk statement**
The charity remains reliant on Local Authority funding and continues to seek alternative and additional funding to enable a continuance of activities in the future.
## **Future Plans**
The charity, a member of a community transport consortium, currently has a contract with Lancashire County Council with 1 year remaining and then a possible further 2 years extension. This together with other funding will ensure the continuation of services.
## **FINANCIAL REVIEW**
## **Reserves Policy**
Funds generated are being held in reserve with the intention of being used as needed in the day to day running of the business.
This report has been prepared in accordance with the small company regime Section 419(2) of the Companies Act 2006.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
......................................................................
Mr B Clarke - Trustee
Page 3
**Independent Examiner's Report to the Trustees of Central Lancs Dial A Ride Ltd**
## **Independent examiner's report to the trustees of Central Lancs Dial A Ride Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2022.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. 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 matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Caunce FCCA Abrams Ashton - Chorley Limited Chartered Certified Accountants 41 St Thomas's Road Chorley Lancashire PR7 1JE
Date: .............................................
Page 4
**CENTRAL LANCS DIAL A RIDE LTD**
## **Statement of Financial Activities**
## **for the Year Ended 31st March 2022**
|**31.3.22**
**Unrestricted**
**fund**
Notes
**£**
**INCOME AND ENDOWMENTS FROM**
Grants, donations and legacies
**120,988**
Other trading activities
2
**22,831**
Investment income
3
**15**
Other income
**5,413**
**Total**
**149,247**
**EXPENDITURE ON**
**Charitable activities**
General administrative expenses
**112,532**
Establishment costs
**15,487**
Depreciation costs
**8,399**
**Total**
**136,418**
**NET INCOME**
**12,829**
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
**176,767**
**TOTAL FUNDS CARRIED FORWARD**
**189,596**|31.3.21
Total
funds
£
138,743
11,912
37
58,259|
|---|---|
||208,951
114,707
14,942
7,289|
||136,938|
||72,013
104,754|
||176,767|
The notes form part of these financial statements
Page 5
**CENTRAL LANCS DIAL A RIDE LTD**
## **Balance Sheet**
## **31st March 2022**
|**31.3.22**
**Unrestricted**
**fund**
Notes
**£**
**FIXED ASSETS**
Tangible assets
8
**25,807**
**CURRENT ASSETS**
Debtors
9
**4,792**
Cash at bank and in hand
**161,490**
**166,282**
**CREDITORS**
Amounts falling due within one year
10
**(2,493)**
**NET CURRENT ASSETS**
**163,789**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**189,596**
**NET ASSETS**
**189,596**
**FUNDS**
13
Unrestricted funds
**189,596**
**TOTAL FUNDS**
**189,596**|31.3.21
Total
funds
£
21,861
3,257
155,172
158,429
(3,523)
154,906
176,767
176,767
176,767
176,767|
|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Mr B Clarke - Trustee
The notes form part of these financial statements
Page 6
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements for the Year Ended 31st March 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance Motor vehicles - 25% on reducing balance Computer equipment - 25% on cost
## **Impairment of assets**
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
## **Pension costs and other post-retirement benefits**
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Cash and cash equivalents**
Cash and cash equivalents includes cash in hand, deposits held with banks, and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.
continued...
Page 7
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements - continued**
## **for the Year Ended 31st March 2022**
## **2. OTHER TRADING ACTIVITIES**
|**2.**|**OTHER TRADING ACTIVITIES**|||
|---|---|---|---|
|||**31.3.22**|31.3.21|
|||**£**|£|
||Income|**22,831**|11,912|
|**3.**|**INVESTMENT INCOME**|||
|||**31.3.22**|31.3.21|
|||**£**|£|
||Deposit account interest|**15**|37|
|**4.**|**NET INCOME/(EXPENDITURE)**|||
||Net income/(expenditure) is stated after charging/(crediting):|||
|||**31.3.22**|31.3.21|
|||**£**|£|
||Depreciation - owned assets|**8,604**|7,289|
||Surplus on disposal of fixed assets|**(4,985)**|-|
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
## **6. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Drivers & administration
No employees received emoluments in excess of £60,000.
**7.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**INCOME AND ENDOWMENTS FROM**
Grants, donations and legacies
Other trading activities
Investment income
Other income
**Total**
**EXPENDITURE ON**
**Charitable activities**
General administrative expenses
Page 8|**31.3.22**
31.3.21
**5**
5
Unrestricted
fund
£
138,743
11,912
37
58,259
208,951
114,707
continued...|
|---|---|
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements - continued for the Year Ended 31st March 2022**
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
||Unrestricted|
|---|---|
||fund|
||£|
|Establishment costs|14,942|
|Depreciation costs|7,289|
|**Total**|136,938|
|**NET INCOME**|72,013|
|**RECONCILIATION OF FUNDS**||
|**Total funds brought forward**|104,754|
|**TOTAL FUNDS CARRIED FORWARD**|176,767|
## **8. TANGIBLE FIXED ASSETS**
|Plant and
machinery
£
**COST**
At 1st April 2021
**339**
Additions
**-**
At 31st March 2022
**339**
**DEPRECIATION**
At 1st April 2021
**339**
Charge for year
**-**
At 31st March 2022
**339**
**NET BOOK VALUE**
At 31st March 2022
**-**
At 31st March 2021
-
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Debtors
Other debtors
Prepayments and accrued income|Motor
vehicles
£
**107,825**
**11,730**
**119,555**
**85,964**
**8,399**
**94,363**
**25,192**
21,861
|Computer
equipment
£
**8,059**
**820**
**8,879**
**8,059**
**205**
**8,264**
**615**
-
**31.3.22**
**£**
**1,290**
**1,185**
**2,317**
**4,792**|Totals
£
**116,223**
**12,550**|Totals
£
**116,223**
**12,550**|
|---|---|---|---|---|
||||**128,773**||
||||**94,362**
**8,604**||
||||**102,966**||
||||**25,807**||
||||21,861||
||||31.3.21
£
-
461
2,796
3,257||
|||||3,257|
## **9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
continued...
Page 9
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements - continued for the Year Ended 31st March 2022**
|**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Bank loans and overdrafts (see note 11)
Social security and other taxes
Accruals and Deferred Income
**11.**
**LOANS**
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank overdrafts
**12.**
**LEASING AGREEMENTS**
Minimum lease payments under non-cancellable operating leases fall due as follows:
Within one year
Between one and five years
**13.**
**MOVEMENT IN FUNDS**
At 1.4.21
£
**Unrestricted funds**
General fund
**176,767**
**TOTAL FUNDS**
**176,767**
Net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
**149,247**
**TOTAL FUNDS**
**149,247**|**31.3.22**
31.3.21
**£**
£
**109**
231
**1,098**
1,005
**1,286**
2,287
**2,493**
3,523
**31.3.22**
31.3.21
**£**
£
**109**
231
**31.3.22**
31.3.21
**£**
£
**12,250**
12,250
**10,941**
23,191
**23,191**
35,441
Net
movement
At
in funds
31.3.22
£
£
**12,829**
**189,596**
**12,829**
**189,596**
Resources
Movement
expended
in funds
£
£
**(136,418)**
**12,829**
**(136,418)**
**12,829**|
|---|---|
continued...
Page 10
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements - continued for the Year Ended 31st March 2022**
## **13. MOVEMENT IN FUNDS - continued**
**Comparatives for movement in funds**
|At 1.4.20
£
**Unrestricted funds**
General fund
104,754
**TOTAL FUNDS**
104,754
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
208,951
**TOTAL FUNDS**
208,951|Net
movement
At
in funds
31.3.21
£
£
72,013
176,767
72,013
176,767
Resources
Movement
expended
in funds
£
£
(136,938)
72,013
(136,938)
72,013|At
31.3.21
£
176,767|
|---|---|---|
|||176,767|
|||72,013|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|At 1.4.20
£
104,754
104,754|Net
movement
in funds
£
84,842
84,842|At
31.3.22
£
189,596|
|---|---|---|---|
||||189,596|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
358,198
358,198|Resources
Movement
expended
in funds
£
£
(273,356)
84,842
(273,356)
84,842|Resources
Movement
expended
in funds
£
£
(273,356)
84,842
(273,356)
84,842|
|---|---|---|---|
||||84,842|
continued...
Page 11
**CENTRAL LANCS DIAL A RIDE LTD**
## **Notes to the Financial Statements - continued for the Year Ended 31st March 2022**
## **14. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31st March 2022.
## **15. ULTIMATE CONTROLLING PARTY**
The company is controlled by the trustees.
Page 12
**CENTRAL LANCS DIAL A RIDE LTD**
|**INCOME AND ENDOWMENTS**
**Grants, donations and legacies**
Legacies
Grants
**Other trading activities**
Income
**Investment income**
Deposit account interest
**Other income**
Covid grants
Furlough
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Rent and rates
Insurance
Light and heat
Telephone
Postage and stationery
Sundries
Motor and travel
Repairs and renewals
Accountancy
Motor vehicle depreciation
Computer equipment depn
(Profit)/loss on sale of asset
**Support costs**
**Finance**
Bank charges
Total resources expended
**Net income**|**Detailed Statement of Financial Activities**
**for the Year Ended 31st March 2022**
31.3.22
31.3.21
£
£
**500**
-
**120,488**
138,743
**120,988**
138,743
**22,831**
11,912
**15**
37
**-**
25,489
**5,413**
32,770
**5,413**
58,259
**149,247**
208,951
**89,377**
91,027
**1,417**
1,022
**450**
413
**12,752**
12,462
**2,734**
2,481
**1,529**
(1,120)
**851**
681
**479**
255
**2,133**
2,029
**19,182**
17,867
**25**
667
**1,635**
1,630
**8,399**
7,289
**205**
-
**(4,985)**
-
**136,183**
136,703
**235**
235
**136,418**
136,938
**12,829**
72,013|
|---|---|
|||
This page does not form part of the statutory financial statements
Page 13