Trustees' Annual Report for the period
Period start date Period end date
From
Day Month Year Day Month Year 1[st] Oct 2021 To 30 Sept 2022
Section A Reference and administration details
Charity name LAWRENCE WESTON COMMUNITY TRANSPORT
Other names charity is known by Registered charity number (if any) 1098626 Charity's principal address St Peters Hall, Ridingleaze
Lawrence Weston Bristol Postcode
BS11 0QE
Names of the charity trustees who manage the charity
----- Start of picture text -----
Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
1 Alison Fowler Chair
2 Vijaya Agalgatti Treasurer
3 Anne Walker
4 Barbara Hale
5 Mavis Didcot
6 Rose Freeth
7 Mervyn Freeth
8 Jean Gresty
9 Carol McCall
10 Marilyn Clark
11 Phyllis Bolton
12
13
14
15
16
17
18
19
20
----- End of picture text -----
Names of the trustees for the charity, if any, (for example, any custodian trustees)
Name Dates acted if not for whole year
TAR
June 2011
1
Names and addresses of advisers (Optional information)
Type of adviser Name Address Financial John Shaddick
Name of chief executive or names of senior staff members (Optional information)
Section B Structure, governance and management
Description of the charity’s trusts
Constitution Adopted 2000, Articles of Association dated 2022, Type of governing document Memorandum of Associated registered with Companies House.
- (eg. trust deed, constitution)
Company Limited by Guarantee How the charity is constituted
- (eg. trust, association, company)
Annual General Meeting Election Trustee selection methods
- (eg. appointed by, elected by)
Additional governance issues (Optional information)
You may choose to include additional information, where relevant, about:
- policies and procedures adopted for the induction and training of trustees;
Trustees are appointed each year at the annual general meeting, having been nominated at the user group meeting prior to the AGM when any user/member of Lawrence Weston Community Transport are invited to stand as a trustee. At the AGM all existing trustees are invited to re stand. They are all local to the community. They are referred to as the
management/committee/directors.
-
the charity’s organisational structure and any wider network with which the charity works;
-
relationship with any related parties;
-
trustees’ consideration of major risks and the system and procedures to manage them.
Section C Objectives and activities
TAR
2
June 2011
Summary of the objects of the charity set out in its governing document
Provision of transport needs to inhabitants of Lawrence Weston and its neighbourhood who are in need of those services because of their age, weakness or disability (mental and physical) or poverty or because of the lack of availability of adequate and safe public passenger services.
Lawrence Weston Community Transport provides accessible community transport to the inhabitants of Lawrence Weston and its neighbourhood further it provides affordable low cost transport to registered groups within the community to allow them to continue to provide community based activities for the benefit of the community especially to benefit the advancement of education, advancement of community development.
Support of local amateur sporting groups, support of local religious groups to promote wellbeing and transport to members. Supporting healthy living programmes in the area to Summary of the main improve conditions for residents and give accessible and low activities undertaken for cost transport to attend health and being related events. the public benefit in relation to these objects Provide community trips to improve social understanding and (include within this development. section the statutory declaration that trustees Promote voluntary work within the community. have had regard to the guidance issued by the The trustees through the management of Lawrence Weston Charity Commission on Community Transport are mindful of the services that are public benefit)
The trustees through the management of Lawrence Weston Community Transport are mindful of the services that are needed to be provided to the public and attempt to serve as many of the above to the ensure the public benefit from the activities of community transport locally.
All in compliance and with due regard of the charity commissions guidance on public benefit.
Additional details of objectives and activities (Optional information)
TAR
3
June 2011
The trustees are all volunteers and help with day to day running and operation of LWCT.
We have a mixture of volunteer and paid drivers; we encourage volunteers to help our service delivery for mutual benefit of north parties.
You may choose to include further statements, where relevant, about:
Volunteers make a significant difference in the delivery of transport; however the challenge of recruiting volunteers is becoming harder due to changing financial conditions.
-
policy on grantmaking;
-
policy programme related investment;
-
contribution made by volunteers.
Section D Achievements and performance
TAR
June 2011
4
Section D Achievements and performance
Summary of the main achievements of the charity during the year
Covid is still with us; it has caused many problems and issues for everyone and impacted on our services due to the nature of our client base.
Staff members have continued working throughout and again adapted to suit the needs of our users, Covid awareness is still a priority and hopefully with time it will become normality again.
We have worked closely with WECA (West of England Combined Authority) and the transport officers to develop our delivery of transport to the end users who are the most important factors.
We have increased transport in Shirehampton area where there has been a large uptake of transportation need. We work with SCAF (Shirehampton Community Action Forum) a local organisation and regularly provide 2/3 buses a week to residents for shopping and trips out.
Social isolation is still a problem amongst the community and LWCT have developed a befriending group supporting the users with Transportation and securing separate funding to allow a weekly tea/coffee activity meetings as well as day trips.
We have replace vehicles and monitor the demand and ensure we have vehicles fit for purpose, running costs have increased and we have been lucky to have been able to cover those costs by good management and finance decisions.
2022/2023 has seen many changed to funding and operations due to larger operators struggling in the current financial situation. We have been in discussions with WECA to ensure our future.
Section E Financial review
TAR
June 2011
5
Brief statement of the charity’s policy on reserves
The Current Reserves are held to ensure we have sufficient funds to cover staff redundancy costs as well as any major expense on vehicles not covered under the general operating costs. Also due to the fragility of future funding securing its position should 2023/2024 bring major changes to WECA and its finances.
Details of any funds materially in deficit
Nil
Further financial review details (Optional information)
Funding remains in part from a WECA grant and concessionary You may choose to include fare reimbursement which has provided part cost of vehicle additional information, transport. where relevant about:
-
the charity’s principal The remaining income albeit greatly reduced this year comes
-
sources of funds from transport hire of vehicles generating a running cost profit (including any as well as subsidising the major link and dial a ride service.
-
fundraising);
-
how expenditure has supported the key objectives of the charity;
-
investment policy and objectives including any ethical investment policy adopted.
Section F Other optional information
Independant Examiner P W John & Co Parkview, 23 Wadham Street Weston Super Mare Somerset, BS23 3JL
Company number: 04593032
Section G Declaration
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date
TAR
6
June 2011
COMPANY NUMBER: 04593032
REGISTERED CHARITY NUMBER: 1098626
Lawrence Weston Community Transport
(a company limited by guarantee)
Annual report and financial statements for the Year ended 30 September 2022
Lawrence Weston Community Transport REFERENCE AND ADMINISTATIVE DETAILS
Company number
04593032
Registered charity number
1098626
Trustees
Alison Fowler (Chair) 7[th] May 2019 Mrs Vijaya Agalgatti (Treasurer) 16[th] June 2009 Mrs Anne Walker 16[th] June 2009 Mrs Mavis Didcott 24[th] July 2007 Mrs Barbara Hale 24[th] July 2007 Mrs Rose Freeth 15[th] April 2015 Mr Mervyn Freeth 15[th] April 2015 Mrs Jean Gresty 17[th] April 2018 Mrs Carol McCall 7[th] May 2019 Mrs Marilyn Clark 16[th] June 2009 Mrs Phyllis Bolton 1[st] October 2020
Registered Office
The Rock Community Centre Ridingleaze Lawrence Weston Bristol BS11 0QE
Independent Examiner
P W John & Co Parkview 23 Wadham Street Weston-super-Mare Somerset BS23 3JL
2
Lawrence Weston Community Transport
The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2022.
Type of Governing Document
Constitution adopted 2000
Articles of association dated 2002
Memorandum of Association registered with Companies House
How the company is constituted
Company limited by guarantee.
Trustees Selection
Trustees are appointed each year at the annual general meeting, having been nominated at the user group meeting prior to AGM when any user/member of Lawrence Weston Community Transport are invited to stand as a trustee. At the AGM all existing trustees are invited to re stand. They are all local to the community. They are referred to as management/committee/directors.
Objects of the charity as set out in the governing document
To provide relief to the inhabitants of Lawrence Weston and its environs who have need 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
-
b) To act as a community focus for transport lobbying issues and as a transport watchdog for the inhabitants of Lawrence Weston and its environs.
Summary of the objectives in relation to the above objects
Provide a community transport service for such inhabitants of Lawrence Weston and its neighbourhoods who are need of such services because of age, sickness, disability, poverty or lack of adequate and safe alternative services .
3
Lawrence Weston Community Transport
Trustees Report Year ended 30 September 2022
Covid is still with us; it has caused many problems and issues for everyone and impacted on our services due to the nature of our client base.
Staff members have continued working throughout and again adapted to suit the needs of our users, Covid awareness is still a priority and hopefully with time it will become normality again.
We have worked closely with WECA (West of England Combined Authority) and the transport officers to develop our delivery of transport to the end users who are the most important factors.
We have increased transport in Shirehampton area where there has been a large uptake of transportation need. We work with SCAF (Shirehampton Community Action Forum) a local organisation and regularly provide 2/3 buses a week to residents for shopping and trips out.
Social isolation is still a problem amongst the community and LWCT have developed a befriending group supporting the users with Transportation and securing separate funding to allow a weekly tea/coffee activity meetings as well as day trips.
We have replaced vehicles and monitor the demand and ensure we have vehicles fit for purpose, running costs have increased and we have been lucky to have been able to cover those costs by good management and finance decisions.
The current reserves are held to ensure we have sufficient funds to cover staff redundancy costs as well as any major expense on vehicles not covered under the general operating costs. Also due to the fragility of future funding securing its position should 2023 bring major changes to WECA and its finances.
Plans for the future period
2022/2023 has seen many changes to funding and operations due to larger operators struggling in the current financial situation. We have been in discussions with WECA to ensure our future.
Alison Fowler Chair of trust
4
Lawrence Weston Community Transport
Statement of Trustees' Responsibilities
The Trustees (who are Directors of Lawrence Weston Community Transport for the purposes of financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Board of Directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income and expenditure, of the charitable company for the year. In preparing the financial statements the Board are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principals in the Charities SORP 2015 (FRS 102);
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Board of Directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
5
Lawrence Weston Community Transport
Independent Examiners Report to the Trustees of Lawrence Weston Community Transport
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2022 which are set out on pages 7 to 11.
Responsibilities and basis of report
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 Charities 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 carried out under section 145 of the Charities Act the Charity Commission under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to 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 is not a matter 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 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.
Paul William John FCCA P W John & Co Parkview 23 Wadham Street Weston-super-Mare Somerset BS23 1JZ
February 2023
6
Lawrence Weston Community Transport
Income and Expenditure Account
For the year ended 30 September 2022
| Unrestricted Restricted £ £ Income from Grants - 65,317 Minibus hire and activities 17,726 - Other services 69 - Donations 1,688 - Interest received 405 - Total income 19,888 65,317 Expenditure on charitable activities Wages - 38,206 Staff expenses and training 3,465 - Volunteer expenses 3,180 - Rent 2,760 - Printing, postage and stationery 304 - Telephone 384 - Vehicle running costs - 15,121 Insurance 763 - Finance charges 72 - Befriending 70 - Depreciation and profit on disposal - 6,391 Governance 575 - Membership - - Legal and professional fees 445 - Other 4 - Total expenditure 12,022 59,718 Net income for the year 7,866 5,599 Reconciliation of funds Total funds brought forward 132,338 43,229 Total funds carried forward 140,204 48,828 |
2022 £ 65,317 17,726 69 1,688 405 85,205 38,206 3,465 3,180 2,760 304 384 15,121 763 72 70 6,391 575 - 445 4 71,740 13,465 175,567 189,032 |
2021 £ 59,500 11,687 826 - 72,013 31,322 4,016 1,604 2,772 140 353 9,857 712 72 - 6,414 525 283 190 490 58,750 13,263 162,304 |
2021 £ 59,500 11,687 826 - |
|---|---|---|---|
| 72,013 31,322 4,016 1,604 2,772 140 353 9,857 712 72 - 6,414 525 283 190 490 58,750 |
|||
13,263 |
|||
175,567 |
7
Lawrence Weston Community Transport
Statement of Assets and Liabilities as at 30 September 2022
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Funds Unrestricted funds Restricted funds 6 |
2022 £ 64,751 12,840 112,041 124,881 (600) 124,281 189,032 140,204 48,828 189,032 |
2021 £ 19,241 280 156,990 157,270 (944) 156,326 175,567 132,338 43,229 175,567 |
|---|---|---|
For the year ended 30 September 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year ended 30 September 2021 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
The financial statements on pages 7 to 11 were approved by the trustees, and authorised for issue on February 2023 and signed on their behalf by:
Alison Fowler Trustee
8
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
1. Statement of Accounting Policies
Basis of preparation
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of heritable and investment properties, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) (Charities SORP FRS 102), and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006.
Going concern
The financial statements have been prepared on a going concern basis. The Trustees have expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements.
Funds structure
Unrestricted funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charitable objects.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors.
Resources expended
Expenditure is allocated between:-
Expenditure incurred on raising funds;
s objectives.
Depreciation
Fixed assets are depreciated over their useful economic life, taking into account any residual value of the assets.
9
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
2.
The Trustees were not paid any remuneration or expenses during the year.
3. Tangible assets
| Office Minibuses Equipment £ £ Cost At 01.10.2021 54,077 118 Additions 59,900 - Disposals (18,082) - At 30.09.2022 95,895 118 Depreciation At 01.10.2021 34,896 58 Charges for the year 7,515 15 Eliminated on disposal (11,222) - At 30.09.2022 31,189 _ 73 Net book value At 30.09.2022 64,706 45 Net book value At 30.09.2021 19,181 60 4. Debtors 2022 £ Trade debtors 5,080 VAT repayment 7,760 12,840 |
Total £ 54,195 59,900 (18,082) 96,013 34,954 7,530 (11,222) 31,262 64,751 19,241 2021 £ - 280 280 |
|---|---|
10
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
| 5. Creditors: Amounts falling due within one year Accruals HMRC 6. Funds Restricted funds Unrestricted funds |
2022 £ 600 - 600 2022 £ 48,828 140,204 189,032 |
2021 £ 600 344 944 2021 £ 43,229 132,338 |
2021 £ 600 344 |
|---|---|---|---|
| 944 | |||
| 175,567 |
11
COMPANY NUMBER: 04593032
REGISTERED CHARITY NUMBER: 1098626
Lawrence Weston Community Transport
(a company limited by guarantee)
Annual report and financial statements for the Year ended 30 September 2022
Lawrence Weston Community Transport REFERENCE AND ADMINISTATIVE DETAILS
Company number
04593032
Registered charity number
1098626
Trustees
Alison Fowler (Chair) 7[th] May 2019 Mrs Vijaya Agalgatti (Treasurer) 16[th] June 2009 Mrs Anne Walker 16[th] June 2009 Mrs Mavis Didcott 24[th] July 2007 Mrs Barbara Hale 24[th] July 2007 Mrs Rose Freeth 15[th] April 2015 Mr Mervyn Freeth 15[th] April 2015 Mrs Jean Gresty 17[th] April 2018 Mrs Carol McCall 7[th] May 2019 Mrs Marilyn Clark 16[th] June 2009 Mrs Phyllis Bolton 1[st] October 2020
Registered Office
The Rock Community Centre Ridingleaze Lawrence Weston Bristol BS11 0QE
Independent Examiner
P W John & Co Parkview 23 Wadham Street Weston-super-Mare Somerset BS23 3JL
2
Lawrence Weston Community Transport
The trustees present the annual report together with the financial statements of the charity for the year ended 30 September 2022.
Type of Governing Document
Constitution adopted 2000
Articles of association dated 2002
Memorandum of Association registered with Companies House
How the company is constituted
Company limited by guarantee.
Trustees Selection
Trustees are appointed each year at the annual general meeting, having been nominated at the user group meeting prior to AGM when any user/member of Lawrence Weston Community Transport are invited to stand as a trustee. At the AGM all existing trustees are invited to re stand. They are all local to the community. They are referred to as management/committee/directors.
Objects of the charity as set out in the governing document
To provide relief to the inhabitants of Lawrence Weston and its environs who have need 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
-
b) To act as a community focus for transport lobbying issues and as a transport watchdog for the inhabitants of Lawrence Weston and its environs.
Summary of the objectives in relation to the above objects
Provide a community transport service for such inhabitants of Lawrence Weston and its neighbourhoods who are need of such services because of age, sickness, disability, poverty or lack of adequate and safe alternative services .
3
Lawrence Weston Community Transport
Trustees Report Year ended 30 September 2022
Covid is still with us; it has caused many problems and issues for everyone and impacted on our services due to the nature of our client base.
Staff members have continued working throughout and again adapted to suit the needs of our users, Covid awareness is still a priority and hopefully with time it will become normality again.
We have worked closely with WECA (West of England Combined Authority) and the transport officers to develop our delivery of transport to the end users who are the most important factors.
We have increased transport in Shirehampton area where there has been a large uptake of transportation need. We work with SCAF (Shirehampton Community Action Forum) a local organisation and regularly provide 2/3 buses a week to residents for shopping and trips out.
Social isolation is still a problem amongst the community and LWCT have developed a befriending group supporting the users with Transportation and securing separate funding to allow a weekly tea/coffee activity meetings as well as day trips.
We have replaced vehicles and monitor the demand and ensure we have vehicles fit for purpose, running costs have increased and we have been lucky to have been able to cover those costs by good management and finance decisions.
The current reserves are held to ensure we have sufficient funds to cover staff redundancy costs as well as any major expense on vehicles not covered under the general operating costs. Also due to the fragility of future funding securing its position should 2023 bring major changes to WECA and its finances.
Plans for the future period
2022/2023 has seen many changes to funding and operations due to larger operators struggling in the current financial situation. We have been in discussions with WECA to ensure our future.
Alison Fowler Chair of trust
4
Lawrence Weston Community Transport
Statement of Trustees' Responsibilities
The Trustees (who are Directors of Lawrence Weston Community Transport for the purposes of financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Board of Directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the net income and expenditure, of the charitable company for the year. In preparing the financial statements the Board are required to:
-
select suitable accounting policies and apply them consistently;
-
observe the methods and principals in the Charities SORP 2015 (FRS 102);
-
make judgements and estimates that are reasonable and prudent;
-
state whether applicable UK accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The Board of Directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006.
They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
5
Lawrence Weston Community Transport
Independent Examiners Report to the Trustees of Lawrence Weston Community Transport
I report to the charity trustees on my examination of the accounts of the company for the year ended 30 September 2022 which are set out on pages 7 to 11.
Responsibilities and basis of report
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 Charities 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 carried out under section 145 of the Charities Act the Charity Commission under section 145(5)(b) of the 2011 Act.
I have completed my examination. I confirm that no material matters have come to 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 is not a matter 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 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.
Paul William John FCCA P W John & Co Parkview 23 Wadham Street Weston-super-Mare Somerset BS23 1JZ
February 2023
6
Lawrence Weston Community Transport
Income and Expenditure Account
For the year ended 30 September 2022
| Unrestricted Restricted £ £ Income from Grants - 65,317 Minibus hire and activities 17,726 - Other services 69 - Donations 1,688 - Interest received 405 - Total income 19,888 65,317 Expenditure on charitable activities Wages - 38,206 Staff expenses and training 3,465 - Volunteer expenses 3,180 - Rent 2,760 - Printing, postage and stationery 304 - Telephone 384 - Vehicle running costs - 15,121 Insurance 763 - Finance charges 72 - Befriending 70 - Depreciation and profit on disposal - 6,391 Governance 575 - Membership - - Legal and professional fees 445 - Other 4 - Total expenditure 12,022 59,718 Net income for the year 7,866 5,599 Reconciliation of funds Total funds brought forward 132,338 43,229 Total funds carried forward 140,204 48,828 |
2022 £ 65,317 17,726 69 1,688 405 85,205 38,206 3,465 3,180 2,760 304 384 15,121 763 72 70 6,391 575 - 445 4 71,740 13,465 175,567 189,032 |
2021 £ 59,500 11,687 826 - 72,013 31,322 4,016 1,604 2,772 140 353 9,857 712 72 - 6,414 525 283 190 490 58,750 13,263 162,304 |
2021 £ 59,500 11,687 826 - |
|---|---|---|---|
| 72,013 31,322 4,016 1,604 2,772 140 353 9,857 712 72 - 6,414 525 283 190 490 58,750 |
|||
13,263 |
|||
175,567 |
7
Lawrence Weston Community Transport
Statement of Assets and Liabilities as at 30 September 2022
| Notes Fixed assets Tangible assets 3 Current assets Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Net assets Funds Unrestricted funds Restricted funds 6 |
2022 £ 64,751 12,840 112,041 124,881 (600) 124,281 189,032 140,204 48,828 189,032 |
2021 £ 19,241 280 156,990 157,270 (944) 156,326 175,567 132,338 43,229 175,567 |
|---|---|---|
For the year ended 30 September 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
No members have required the company to obtain an audit of its accounts for the year ended 30 September 2021 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies
The financial statements on pages 7 to 11 were approved by the trustees, and authorised for issue on February 2023 and signed on their behalf by:
Alison Fowler Trustee
8
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
1. Statement of Accounting Policies
Basis of preparation
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of heritable and investment properties, and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) (Charities SORP FRS 102), and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Companies Act 2006.
Going concern
The financial statements have been prepared on a going concern basis. The Trustees have expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing these financial statements.
Funds structure
Unrestricted funds comprise those funds which the Trustees are free to use for any purpose in furtherance of the charitable objects.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors.
Resources expended
Expenditure is allocated between:-
Expenditure incurred on raising funds;
s objectives.
Depreciation
Fixed assets are depreciated over their useful economic life, taking into account any residual value of the assets.
9
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
2.
The Trustees were not paid any remuneration or expenses during the year.
3. Tangible assets
| Office Minibuses Equipment £ £ Cost At 01.10.2021 54,077 118 Additions 59,900 - Disposals (18,082) - At 30.09.2022 95,895 118 Depreciation At 01.10.2021 34,896 58 Charges for the year 7,515 15 Eliminated on disposal (11,222) - At 30.09.2022 31,189 _ 73 Net book value At 30.09.2022 64,706 45 Net book value At 30.09.2021 19,181 60 4. Debtors 2022 £ Trade debtors 5,080 VAT repayment 7,760 12,840 |
Total £ 54,195 59,900 (18,082) 96,013 34,954 7,530 (11,222) 31,262 64,751 19,241 2021 £ - 280 280 |
|---|---|
10
Lawrence Weston Community Transport
Notes to the financial statements
For the year ended 30 September 2022
| 5. Creditors: Amounts falling due within one year Accruals HMRC 6. Funds Restricted funds Unrestricted funds |
2022 £ 600 - 600 2022 £ 48,828 140,204 189,032 |
2021 £ 600 344 944 2021 £ 43,229 132,338 |
2021 £ 600 344 |
|---|---|---|---|
| 944 | |||
| 175,567 |
11