REGtsrERED COMPANY NUMBER: 04305225 (England and Wgles) REGisfERED CHARITY NUMBER: 1097900 Re rt ofthe Tru5te¢8 Un dltsd Financial Statements for the Yr Ended 315t March 2024 ror CENTRAL RIDE Abrams Ashton- C.horl¢y LiJnit¢d Chartered Certified Accountants 41 St Thomas's Road Chorley Lomcashire PR7 IJE
CEIYTRAL LANCS DIAL A RIDE LTD Contents orthe Financial St8tements for the Year Ended 31st March 2024 Pa¥¢ Report of the Trustees I to 3 Independent knmlner's Report ststement ofFthanelal Activities Balance Sheet to th¢ Fin4nci41 Statements 7 to 11 D¢t8ll¢d Statethtttt ofFthAtteial Aetlvities 12
LANCS DtAL A RU)E LTD rt of thp Tru5t¢ ror the Year Ended 31st Vlareh 2024 The trnstees who are also direcwTS of the ¢hlty for the purposes of the CompaDies Act 216> present their report with the financial stat¢ments of the charity for the year ended 31st Ma 2024. The truste¢s have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommend Pracric¢ applicable to ¢}ltieS preparing their accounts in accordance with the FillaDcial RertItig Standard applicable in the UK and Republic of Ir¢land Rs 102) (effective l January 2019). OBJEcfivES AfqD ACTIVITIES Prlncipal activities objectives The princip&l activities of the charity ill the ye4r uuder review was that of providing transwt for the mL)biliry of the disadvantaged Hrythin the community. The chariws central obJ¢1Ve is to provide relief to the inhabitsnts of Chorley and its environs who have needs becwsE of age, mental orphysical disabiitty. or poyety. in parlicular but not so as to limit the generality of the foregoing.'- a) to provide aryd rnaintain non-profit con]munity tronsport 5¢rvice5,' alld b) to assist the charitable work of organisatioas and bodies engaged in promoting tbe TEiief of such p¢rsons through the provision of appropriate b¢rviees. STRucfuRE. GOVEknANCE AND MANAGEMLYf Governing docutneDt The charity 15 controlled by its governing d(ThWL a deed of and constitutes a limit¢d cornpany, limited by . guarantee, as defined by the Companies Act 2006. Org8nl$ational $trueture Central Lan¢5 D1.A.Rid¢ Ltd is o registered charity. wbich w&% in¢or•ed under tbe Compalli¢S Act 1985 as company limited by guarantee on 16 October 2001. The charity does not have a sl]are capitsl and the liability in respect of guarantee i5 limited to £1 per tsILqtee. For the PUTPOS¢ of th¢ Compa1¢& Acl 2006 the trustees a¢t as dir¢¢tors of the company. The charity was established under & MemordnthJm of Associatio *thich established the objects and powers of the Iwitable company and is governed under its Articles of AssociatiotL The charity is by its Board of Tnthes and 8]1 major decisions are made by them. Mrs T K¢ating 1$ the manager of the CTrrganisation and makes tbe daily decisions. whi¢h ore then conJmunic4ted to the bookings rnallager and the ¢frivers. Risk management The trustees bave & duty to identify and review the risks to which the charity is exposed and to ensure appropriate ontrol$ are itt place to provide r¢asonable assurance against fraud alld ezror. Trllstees responsibilities Company law requires the thjstees to Prepare fjt)ancial siatements for ¢ach financial y¢ar which give a In and fair view of the state of affairs of the eharity and of the surplus tkr deficit of the charity foT that period. In preparing those filnCIal $tst¢ments. the tNstees arc required to: - select suitable acCOting wtrlici¢s and then apply them colstent]Y . mgke judgeme]]ts aud cstimates that are reasoDabl¢ andprndeTht - prepare the financial statements on the going Concern b&sis unless it is inappropriate to Presun that the chuity will continue in business Th¢ trustees are responsible for kwitig proper accounting r¢¢ords which dis¢lose with reasonable acujracy at ally time the fall¢la1 position of the charity and to enabl¢ them to ensure that the finaD¢ikl stat¢ments compl> with Compattieg Act 2006. Th¢y ar¢ aiso responsibl¢ ftsT Safeguarding the a5s¢ts of the cbartty and hence for tsking reasonable stS for the preyention and detection of frwd and other irrcgularities. The tsvstees have complied with the duty in Section 17(5) of the 2011 Charities A¢L Page I
CENTRAL LANCS DIAL A RIDE LTD Re rt ofthe Trusteos for the Year Ended 315t MI arch 21124 REFERENCE AND ADMtNtSTRATIVE DETAIIS Registered Compan) number 04305225 (EtsgI4d and Wal¢s) Reglstered Charlty number 1097900 Reglstered offlee Unit 3 Lijwer Il¢aley Business Park Froom Street Chorley LcaShire PR6 9AR Trustees Mr B Clarke Mts C Heath Mr N Sulcliffe Mrs E Gamble {resigned 31.124) Mr I Snnmonds Independent Exaler Abrams Ashton- Chorley Limited Chartered Certified Accoulltsnts 41 St Thomas's Road Chorley Lan¢ashire PR7 IJE Page 2
CEP4TRAL LANCS DIAL A IUDE LT Re or¢ of th¢ TTU5t for the Year Ended 315t March 1024 TRUSTEES REPORT Registration and #pIntMent oftrystxl The Articles of Association require m¢LubeT5 of the Mallagem¢Trt Conjmittee to elect frojn amongst tbeir own number honorary offieers to include a Chairperson and Treasurer, and may at any tirn¢ remove or replace such officers. OITiceL3 shall serve for OD¢ yeer, after which they shall be eligible for re-appoitthient provided that no p¢rson serYe5 mor¢ than five consecutive vgats in the same officer POSL Review ofactiviti¢s and aehievements Th¢ Tr%te£S report a d¢ore&%e in net fimds of £24.727 (2023- Èncr¢&s¢ of £1,710). In the year ended 31 March 2024, total income was £1O6,8I7 (2023- £144,399). Following the witig of Covid-19 Te5tri¢tion4 this e]led the charity to T&gJtlle opeTation4 but this has not been at tbe levels achieved prior to the pandemic. Risk ststement The charity remains reliant on Lo¢al Authority fundiDg and continues to s¢ek alt¢rnative and additional fjjnding to enable a continuance of activities in th¢ fvn]r¢. Fvture plans The thLty, a member of a community transport consortiUU4 eurrently ha5 & contract with L8ncashire County Council witil 31 May 2025. Thi4 together with ot) fthidin& will ¢n5ur¢ the coniinuation of th¢ service for the next f¢141 year. FINATr4CIAL REVtEW Reseryes polioy Funds generated are being held ill reserye with the intention of being useAJ as D¢eded in the day to day rutining of the business. This rort has been Prepar acconlance with the snHII co pany regime Section 419(2) of th¢ Cojnpanies A¢t 2006. Approved by order of the Ix)ard oftruste¢s on....... .. and sigll¢d on its behalf by.. Mr B Clarke- Trustee Page 3
elldent Examinér's Re rt to the Trustees of l Lgnu Dlal A Rlde Ltd Independent exllmlller's report to the trustees of CelllrAI LAnes Dlal A Rlde Ltd ('the Company,) I report to th¢ ¢harity trUSt¢es on my eXamitiOn of the aecounts of the Company for the year ended 31st March 2024. ResponsIbiliti and basls of report As tb¢ ch15 truslees of the Company (and also its dire¢tors forth8 purposes of company law) you are r¢spoDslble for the preparation of the accounts ill accordance with the requirements of th¢ Qkmp8nies Act 2006 (e 2006 Ac¢). Having satisfied mysclf that the aceouDts of the Comp8ny 2re not required to be audited under Part 16 of th¢ 2006 A¢t and are eligible for independent examinatio I report in respe¢t of Y examithon of your charitys accounts as ¢arri¢d out under Sertion 145 of the Chariries Act 2011 Cthe 2011 ACV). In caryiDg out exatni1IOll I have followed the Directions givell by the Charity Commission uuder Section 145(5) (b) of the 2011 Act. Independent examin¢r'5 $tstement I have compl¢tEd my examinatioJL I confirm that no matters hav¢ com¢ to my 8lteThtion in connection wryth the examination giving me cau5¢ lo boli¢v¢'. acrounting records were not kw ill rpspect of the Company as requiredby Section 386 of the 2006 Act. or the accounts do not accord with those r¢cord5" or the account5 do not comply with the accoiinling TequitEmcnts of Section 396 of the 2006 Act other thall any requirem¢nt that the accounts give a trlle and fair view which is not a rllatt¢r wn5idfflYd as part of an independent ¢xaminatictn" or the accowits hav¢ not beeD prepared in (rdanCe WAth the method8 and principles of th¢ Statement of Recommended l)ractice for accounting aDd reporting by charities (applicable to ChILle5 preparing their accounts In &ccordance with the Finaticial ReportiDg Ststthd appli¢abl¢ in the UK and Repubhc of trelalld (FRS 102)). I have no concerns and hav¢ come acro&q no oth¢r ¢[5 itL connection with the eyamination to which attention should be itrawn in repi)n in order to euabl¢ a proper understanding of th¢ COunts to be reached. Andrew unce FCCA Abrams Ashton- Chorley Limited Chthered Certified Accountauts 41 St Thomas's Road Chorley Lan¢ashir6 PR7 IJE Page 4
DIAL A RIDE LTD Staternent of FinaneiAI Aetlvitie5 for the Year E"llded 315t M8r¢b 2024 31J.24 UDrestrlcted fuDd 31.3.23 Total funds Notes INCOME AND KNDOWMENTS FROM Grants, donations aDd legacies 93,489 119,741 Oiher trading activitie5 Investhient income 11,378 1,950 24,024 634 Totsl 106,817 144,399 EXPENDITLIiE ON Charitable activities General administrative expenses Establishment costs Depreciation c0513 107,768 15,208 8,568 118,018 14,975 9,696 Totsl 131,544 142,689 NET INCOMEIIEXPENDITURE) (24727) 1,710 RECONCILIATIOEI OF FUNDS Total bjnds brougbt fonvard 191J06 189,596 TOTAL FUNDS CARRIED FORWARD I6679 191,306 The notes fonn part of these firn¢la1 statements Page 5
. CENTIiAL LANCS DIAL A RtDE LTD Bal•nce Sheet 31st l¥Iareb 2024 31.3.24 ITnrestrioted fund 31.3.23 Total ds Notes FIXED ASSETS Tallgible ets 25,281 33,849 CURREprf ASSKTS Debtors Cash at baDk 5?18 138,323 5,028 154,651 143,641 159,679 CREDITORS Amounts falling due within otte year io (2J43) (2,222) NET CURRENT ASSETS 141,298 157,457 TOTAL ASSETS LE&S CURRENT LIABILITIES 166J79 191.306 T ASSETS 166,i79 191.306 Fuf4DS UnTestri¢t¢d fiwds 12 16&579 191.306 TufAL FUNDS 16&579 191.306 Th¢ charitable company is ¢lltid¢d to ¢xemption from audit under Section 477 of the Companies Act 2006 for the y¢ar ended 31st MArd) 2024. The members have not reqllired the cojnpany to obrain an audit of its flljgncial statement5 for the yw ended 31st Mch 2024 in cordanCe with S¢ction 476 of dLe Cojnpanies Act 2006. The trnstees acknowleilge ih¢ir r¢5PQD5bi ilities for (8) enswing that the charitable compaDy keeps accounting records that c(Jmply witb Sections 386 aThd 387 of the Companies Aet 2006 and prepariug fujancial st8t¢ments )ch give a true and fair view of the state of affairs of the charitsble wmpany as at th¢ end of each fianCIal year and of its sllrplus or deficit for each financial year in accordance with the requirements of sectioE 394 and 395 and whi¢h otheTh*ise comply with th¢ requirem¢nts oethe Companies Act 2006 relating lo financial st3t¢lli¢DL% so far as applicable to the charitable company. (bl These fiuallcial Stslements haye been Prepared in a¢¢ordaD¢¢ with the provisions appli¢able to charit&bla Compatiios subje¢t to the small cOpanIcS re¢. Th¢ fi ents were approv¢d by the Board of Th¥lees 8fLd &uthorised foT issue . and w¢r¢ signed on its behalf by: on B Clark¢- TTUStee Th¢ not¢s fomi part of these financkal stst¢¢llts Pe6
. CENTRAL LANCS DL4L A RIDE LTD Notes tn the FiTraTrcial Stotements for tbe Year Ellded 31st MaTch 2024 ACCOUNTING POLICIES Basi$ ofpr¢p#Ting th¢ fiDgncial staternents The fmancial slatetnents of the charitable cojwy, v4bich is a public benefit entty under FRS 102, have been prepared in accordall with th¢ CharitiE5 SORP (FRS 102) 'ArltIng Reporting by Ch8Xities'. Statement of Re¢ollllllended Practice appIlble to ChItieS tbeir accounts in aceordance with the FinM£ial Reporting Standard applicable in tbe UK ond Republic of Ireland (FRS 102) (effective l J8J)uary 2019),, Finaneial R¢wtin8 Standard 102 The Financial RertIng Standard applicable in the LK alld Republi¢ of treland, and the Companies Acl 2006. The financiaj statjnents hai¢ b¢En prepared under the historical cost ¢onv¢ntion. Incotne All income is recognised in the Staiement of Financial Activiti¢s on¢e th¢ ¢harity has entidement to the funds, i¢ is probable that the in¢om¢ will be ree¢iv¢d and the amount can be measured reliably. Expenditure Liabilities are recogDiged as expenditure as soon as there is & legal or consfrnctive obligation committing the hyrity to that expenditure, it 15 probable that a trau5fer of economic benefits will be required in bettlement and the araount of the obligation can measured Teliabfy". ExpendiDJre is accouttted for th] an aeenthls basis and has been classified under headtngs that aggreg8te all cosi relaTed to th¢ category. Where costs cannot be directly attributed to particular headings they have been allocated to activitics OD a basis ¢onsi5tent with the use of resour¢es. Tangible fjxed assets Depreciation is provided at the folloTring annual ratss in order to write off each &qset over its estimated w¢ful life. Plant and machinery Motor vehicles ComputeT equipment ?50/9 on redueing b81gnee 250/0 on reducing balanc¢ 250h on cost ImpairmeDI of assets At ea¢h reporting dat¢ fixed assets art reyiewed to detrrnine whether there is any indication that those assets have suffered an llnpairment loss. If there is an indication of possible impainrAenL the recoverable amoun( of thy affected asset is esiitnated and eornpared with its cwing amount. If estimated recoverable amount is loweT, the ¢arrying aD]ounl is r¢duc¢d to its estinwtrd recoyethle amouthL arld an impairmenr loss is recognised in]mediately in profit or10sS. If an impairment 1085 wbsequetttly reverses, tbe carry atnount of th¢ et is increased to the revised estimate of its recoverable amouni but not iti exc¢ss of the amount that would have been determined had no imp&irment loss been recognised for the et in prioryears. A tevetsai of an ]mpaint loss is r¢coglled in]]nediately in profit or lo&%. TAXation Th¢ charity is ex¢wt fro corporation t&% on its cljaritable aetivilies. Fund aeeoundng Unrcstriclcd funds can be used in a¢¢ordaI with the ¢h2rilable objextiyes at the discTetion of the trustees. Pension eo$ts And other po$t-r¢tlrement benefits The charitable company operates a defined contributii)n pension scheme. Contributions payabl¢ tD th haTitabl¢ Compan5 pension 5Gh¢m¢ arc charged ts th¢ st¢Ent of FillaDcial ActiticS in the period to which the). rel&t¢. Cgsh ush equlvalents Cash and cash equivalents include5 cash in twid, deposits held with banks. aud bank overdrafts. Bank overdrnll4 when applicable, are sbowi within borrowings in current ]iabIliti. Pago 7 Continued...
. CENTRAL LANCS DLIL A RIDE LTD Notes to the Fin8nci81 Ststernents- continued ror the Ycar Ended 31st Mareh 2024 31J.24 31.3.23 tncorne IlJ78 24,024 rESTMEliT INCO.ME 31.3.24 31,3.23 Deposit aw)unt interest 1,950 634 NET INCOMEI(EXPEf4DfnJRE) Net incomel(expellditure) is 5t&¢Ed after ¢hwgillgl(creditiDg).' 313.24 31.3.23 Depreciation- oTed &ssets Defieit ondisposal of fixed assets 8J68 9,696 844 TRUSTEES, REMufqERATION AP4D BEryEFfTS There were no tNst¢¢s' r¢ver&I1on OT othcr benefits for the ended 31st March 2024 nor for the year ended 31st Matth 2093. Trnste, expenses There were no trnste, expenses pgid for the year ended 31st Mah 2024 nor for the year ended 315t Mar¢h 2023. STAFF COSTS The avernge monthly Jlljmber of employees during the year wa5 as follows: 313.24 31.3.23 Drivers & athninistrdtiork No ¢mploy¢¢s received emoluments in excess of £60.(K)O. COMPARATIVES FOR THE sfATE.MENT OF FINcIAL ACTIVT UDrestrictEd fid I,cOmE AND NDOWTrtEpifs FROM Grants, donatio and legacies 119,741 Oth¢r tTading a¢tivities Investtnent income 24,024 634 Total 144,399 EXPENDTfuRE ON Charilgble activities General administrative expenses Eqt8b]ishment costs 118,018 14,975 Pag¢ 8 continued..,
. CENTRAL LANCS DL4L A RIDE LTD Notes to the FIn¢181 Ststem¢nts- Continu for the Yexr Ellded 31st March 2024 COMPARATIVES FOR THE STATEMENf OF FINACIAL AcrivrriES. CODtlnued UYtr¢ytrt¢ted fund D¢pre(iatioll costs 9,696 Totsl 142,689 NET INCO_ME 1,710 RECONCILIATION OF FtJNDS Tothl fi(ts brought fonvard 189.596 TOTAL FUNDS CARRIED FORWARD 191J06 TANGIBLE FIXED ASSETS Plant and a¢hinery Motor vehi¢l¢s Computer ¢quipw¢Dt Tots]s COST At 1st April 2023 and 31st March 2024 339 98,054 3,606 101,999 DKPRECIATIOTri At 1st April 2023 Charge for year 339 64,615 &363 3,196 205 68,15 8,568 At 315t March 2024 339 72,978 3,401 76,718 NET BOOK VALUE At 31st March 2024 25,076 205 25381 At 3 1st March 2023 33,439 410 33,849 DEBTORS: AMOUP4TS FALLtNG DUE wfTHtN ONE YEAR 31J.24 31.3.23 Debtors Other debtors Prepa)ryneDts and ac£Tu¢d 7COme 45 2,006 3367 640 1.185 3203 5,318 5,028 Page 9 continu¢d.,.
. CENTRAL CS DIAL A RIDE LTD rlotes to the FiDaDcial Statements- eolltlnu for the Year Ended 31st t%(*rch 2024 io. CREDifoKS: AMOUNTS FAILING DUE WITHIli ONE YEAR 31.3.24 31.3.23 SOCI Surity alld other tsxes Acc]iJals and defer1 iu¢om¢ 1,019 la24 1,023 1,199 1343 2222 ii. LEASING AGREEMENTS mini lease payments uDd¢T llOD-¢8nceUable operating le&8es fall due a5 follows.. 31.3.24 31.3.23 Witbin one year Beh¥een one and fjve y¢8rs IS6(M) 6,026 10.941 21.626 10,941 12. MOVEMEhT tpi Fuf4DS Net movement in fiJnd8 At 31.3.24 At 1.4.23 Unrestri¢tEd funds Gellernl fund 191J06 (21727) 166,579 TOTAL FUNDS 191 J06 (24,727) 166,579 Net movement in fiwds, in¢luded irLthe above are a8 follows: Inwming re50uwe$ Resources expcnded Movement in funds Unrestrirt funds General fund 106,817 (131,544) (24,727) TOTAL FUNDS 106,817 (131,$44) (24,727) Comparatives for movement in fvDd& Net rnov¢ment in funds At 31.3.23 At 1.4.22 UrestrICted funds General fund 189,596 1,710 191,306 TOTAL Fuf+lDS 189.596 1.710 191,306 Page 10 continued...
.CEN LANCS DIAL A RIDE LTD otes to the Finsneial StAtemeDts- CODtinued for th¢ Year Ended 31st March 2024 12. MOVEMENT LN FUNDS- COtlled Ctsmperative net movement iu fi. includ¢d ith the above are as follows.. Jneoming resouwG8 R¢sourc¢s eX]ded Movement iTh fuuds Unre5trict¢d funds Gell¢ral fid 144,399 (142.689) 1,710 TOTAL Fuf*U)S 144,399 (142.689) 1,710 A current year 12 months Qlld prior ycar 12 months combined po3itioD is &8 follows.. movement" in fiwds At 3 1.3.24 At 1.4.22 Unrestricted fullds General fund 189,596 (23.017) 166,579 TOTAL Fuf4DS 189.596 (23,017) 166,579 A citrrent year 12 months and prior ycar 12 months combilled net tiiovwnent in funds, in¢luded in the &bove aTe as follows: Incoming R£sources resources expended Movement in fimds Unre5trleted funds General fUd 251216 (274,233) (23,017) TOTAL FUNDS 251,216 (274233) (23,017) 13. RELATED PARTY DtSCLOSURES There wer¢ tto rel&ted pty trallsactlons forthe year eJLded 31st March 2024. 14. ULTtMATE CONTROLLDG PARTY The cOmnY is ¢ontrolled by the tr4tees. Page 11
RAL LLNCS DIAL A RIDE LTD ]ktailed Statement of Financial Activities for the Year Ended 315t Mgrcb 2024 31.3.24 31.3.23 INCOME AND Ef4DOWMENTS Grants, donatlon$ and legaeies Grants 93,489 119.741 Other trading Ylctivitles Incom¢ 11?78 24.024 InvestJD¢nt income Deposit account interest 1,950 634 Total In¢omillg resource5 106,817 144J99 EXPETrIDrruiiE Charltable activiti&¥ Wagas SociaE seawity 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 dcpn (Profilyloss on spl¢ of asset 82,712 404 88,685 955 206 13,066 1,909 I,oio 855 539 2,687 20,113 84 1.808 9,491 20. 844 13268 1,940 1,213 1,028 469 16,791 43 1,875 8J63 20S 131297 142,457 Support Costs Flnance Bank ¢harg¢s 247 232 Total resources exp¢nd¢d 131,S44 142,689 Net (expeuditureytheome (2{727) ,710 Thi8 pag¢ do&% Dot foTm part of the stathtory fiDaD¢io1 siatements Page 12