**REGISTERED NUMBER: 04256086 (England and Wales)** ## **REPORT OF THE DIRECTORS AND** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023** ## **FOR** **SHENCARE COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE** SHENCARE COMMUNITI TRANSPORT A CO￿￿PANy LIMrrED BY GUARANTEE COF4TENTS OF ThE FINLI'CJAL STATETrIENTS FOR THE ENDED 31 WCH 2023 Page Comp•ny knformation Chairmxn's Report R¢port of the Dittttors StAttmeDt ofFiDAncial ActiYAti&8 St#temeDt of Fillaneixl PositiTr StatemeDt of ChaTry5 ill Equity Notes to th¢ FiD¥n¢iai Statèthtttts Reportof the Acco￿￿¢¥￿ts D¢tsil¢d aknd ￿pendI(￿r• Aetollnt io SHE14CARE COMMuryfTY TR￿NsPORT A COMPA￿￿ LihufED BY GbARANf£E COhlPAhry IPIFORMATION FOR THE YEAR EiYDED31 MAKCH J)23 J 0￿h8￿d HOL P¢terfknigla$ 051 DlliECTORS: J Orcbard HOL Aldunwi Pd¢tfknu*$ 05bon) TRUSTELS: Hon. Ald￿nall PeterIknu8&8 Osborn Alatt Percival E]iEalth Spar SECRETARY: Paul tAki SHENCARE MAf4AGER: P￿1 Laki REGISTLRED OFFICL. Welchcs Close B312XT 0425&J86 {EngJand and Wai&sl iowi AccouwrANr: 53 CbtslDut Ro&1 Oldb¢aTr We5L Nut￿* fubjrc fvndingof our rnajor sourc¢ of itwm¢, the IM)me to school ¢ontracts in Birmingham that we IN)11 Also, othershort-tcrm funding streams have come to an end. Looking ahcad to the next financiat year. beeause of the cU￿t diffi¢ulttcoDornic situatioffj in common with many other voluntary organisatiott% wbcre grants from IIKd authorities are sTgllifi¢aDt Sources of income. Ihe available fi￿dIng IS ¢xp¢¢t¢d to reduce, sx) ch￿¢￿glog t&mes Irc likely ￿ lie ahead. HO￿ver. l am collfident that Paul Lakin aDd hEs team will rise to these ¢hallenges and search ou¢ other sources of funding M*ich will allow us to continue to provide th¢5¢ subsidised services. J Orchard- Chairman Date: 12 OetobEr 2023 Pw2 SHKNCARE COMMUNITY TRANSPORT A COMPAhT LDIITED BY GUARAYTEE RETORT OF THE DIRECTORS FOR THE YEAR EliDLD 31 MARCH 2023 Th¢ dite¢tor5 pre5cnt thcir rerA)rt with the finan¢iai statJna)ts of the corn￿y for the yarcnded 31 March 2023. The actourtts h*ve beeD prepared undv the provision$ of AwountiD8 aDd kg￿l￿g by Charities.. Ststem¢nt of Recommended Practice applicable to chartties pr¢parillg th¢tr acrouNs in attordantt with the FI￿cI￿ R¢porting Stand2rd 8pplitable in the UK and Republic of Ireland {FRS 102)l¢ff¢c4iv¢ l Jallu8ry 2015). The charity is a ¢on)party limited by guarnJtt¢ wryth chritsble stth& Charity numb¢r'. 1099190 It was incorporated on 20 July 2￿1 and is governed by its Memor￿d￿m ar¥J Articlc5 of Aw&i8tioL The MM)orfjndum and Articles of A550ciatson were by special resolution on 18 jI￿e 2￿3, 22 August 211)3 and 25 Fctw 2016. PRIPICIPAL ACTIVITY The prillcipal auivity of the cornpany iti the year uThler review w•s that of providing a L¥>Mm￿lty tranqjort Service to th¢ ithabitsttts of B]rn]lr￿haM and neiBhFwring area4 who tT¢ ill TK£d of such seThAcebeuus¢ of ag4 sithe5& disxbility orpovty. Provisiorj or &ssistance ill thc proNry5i0ft of rett¢8tiotthi facilities for thc public ￿ JaTge who by r￿0￿ of YOU￿ llffimitty, dis&bility. poverty or economic and S(￿la1 ¢ir¢ulll5￿ bave of such faciliti&4 with th¢ obJ￿10r improvillgtheirconditions of lifc. FUTURE DEVELOPMETrfTS The main focus of the TTU5tres will bt to secure the wuir&l fijndingandgg1rcll￿ts to cnab]tttheCh8rityto xhiev¢ its objective5 sti out in its governinE documenL DIREcfoRS The directors Shown below buve held office duritigthe whole of the ￿100 from l Awil 2022 to thedale of this rep)rt. P D OsFM)rn J Or¢haTd ORGANISATiof4 STRUCTLTRE Ov¢raJl management of the ChATity is the re4)onsthdty of thc who ate elthl or efyopted UDdcr the tern￿ Df the collstituti¢)n. The day to day activity is managed by the maw. RISK STATEMEKr Th¢ trustees contfftue to review the risks and are coufidcnt Ihry all iisks with a¢tiOll5 to mÉnimise risk 8rtd exposure of th¢ ¢hgJity- The ITU5t¢¢s conduct an annual revi¢w of the ]najor risks th wqjich the th8rity 1$ exp￿ed and prttcdurrs and have beeD establithed to iligate the risks tbe ¢knity fatts. Significant extern8] risks kn fuodtng have led to the developm¢nt of & thtegic plan whith ￿l01V for the diver5ification of fvDding &)d xtivitie& InterthaI control risks are minimised by th¢ ituplcnKnlattOD of for athr]￿l0￿ of all 1[a￿tiOnS and projwts. PrO¢￿￿r¢S are in place to ensure cotnpltati¢e witb hcattb and saftry of&att volurttee￿ dicntsatkd Visito￿ to tb¢ ¢haTity. RESERVES POLICY The Irust¢e5 aim to maintaiD reserves at a level that would cover FX>teffii21 ttduJk12ttcy ￿￿]￿ellts in the evejtt of ¢105UT¢. In addition resery¢s tnaintained to ajlow for fluctuations itt t)umb¢t5 ¢￿h yw and to e￿ab￿ replacell￿￿t of vehicle5. This report has been prepared ID accord8Drz with th¢provisioDsof Part 15 of the compl￿ Ao 2￿ tEJatillg tr* small compani&8. ON BEHALF OF THE BOARD: P Lakin. Secretsry Dat¢: 12 O¢tob¢r 2023 P&Be 3 SHENCARE COM.MUh4m"TRANSPORT A COMPLYY LIMTtED BY GUARANfEE STATE￿￿￿ OF FIli.4NCIAL ACTIVITIKS (ItiCLLI)ING DICOMK Ahl) LXPENDITURE ACCOiINT) FOR THE YEAR EhTrED31 MARCH ZOZ3 Ycar ended 31.3.2023 Ycar ended 31.3.2022 Total Full(L8 Rtttricted Fulld5 FLm(ts Full Notts Incoming Resources Tr￿Sport Bus Servicc Opcrator5Gr3llt OrhBr inG0￿C 297.560 10,537 56.345 229,880 5,631 4.636 IOJ37 56J45 Tot&1 Klltoming Resour¢e¥ 364,442 303.147 Outgoing Resourtes: Charitable &cttvities Salaries & wages HMRC JRS grant Vchiclr cXpeT￿s R¢nt,rat¢5 & insuranG Depreciation 239,371 239.371 215.680 114.9841 63.337 9.145 4,866 11.762 92.753 8,619 3.(V)S 24.&I7 92,753 8,619 3,095 24.607 Totaj resourtts expeAded 368.445 36&445 289,806 Net IncomiDty(Outgoingl ResouTC£ {4.(K13) 14.1M)3) 13.ml Funds at 1st April 2022 154,521 141.180 141.180 TOTAL FUNDS AT31ST MARCH 2011 £150.518 £150,518 £154J21 Th¢ not￿ form p8rt ofthes¢ fiuJD¢ial 5tatrrrthts Page 4 SHKNCARE COMMUN]TY T￿4￿SPoRT (REG]STEREDPllJMBER: 042 A COMPLNY LIhltrED BY GUARANTEE ATEMEYf OF F￿ANCIAL POSITION 31 MARCII 2023 2022 FIXED ASSETS TaDwble assets 1¥70 11565 CURRELYfASSETS tkbtors Cash at bank and in ha￿d 49W6 133,758 68.316 134 535 183h14 201851 Amounts failing due within onr ycar NET c[W￿￿T A&SETS 13Y94B 141956 TOTAL A&8BTS tFSS CURRENT LIABILITIFS 154521 RESERVES Dcsigt]ated funds InGornc expendi￿re accouot 20,( 134521 JM518 150318 154521 Thc company is entitled to ex¢mpiioTL from alldit under S¢rtion 477 ofthe Com￿1¢$ Ac12(￿rOrIhe ye8rendcd 31 N(ar¢h 2023. The me]nbers have tLOt requirol tht tompany to obtain an a￿At of its fir￿la1 *atrmts)ts for theycar eDded 31 March 2023 in acoJr Wlth Stttion 476 of th¢ Companies Aa21KhS. The d1￿ctorS a¢knowledg¢ their responsibilities for= la} ensuring that the ¢otEWy keeps attouttting rttord5 ￿]cb corttpIy with Se¢tiotL5 386 and 387 ofthe CorntAnies Act 2006 A￿1 Ibl preparing filL￿cial whicb give a true aTKi fwr view of the skte of Athits of the company &s at th¢ end of each fmatt¢iil y￿r alld of 115 surplus or deficit for each year in acconkn ￿ntb the requ￿￿llts of S¢Gtion5 394 395 aod wthi¢h otherwise eojnply with the rwUlr￿￿ts of the Componi¢s Ad rclatXDg kn fi[￿￿¢]￿1 Statem￿ $0 far &$ applicable lo the ron)pany. The fmvjjciai statements have b¢¢L prepttl ill xwdgo¢e with thc provisi￿S 8ppltd)l¢ ￿ eottLPalli¢S subje¢t to the Comp￿]eS gime. Thc financial slatemcnts were approved bythe Board of DArccknts and authori5ed for is￿ ort 12 (KthbEr 2023 and We￿ sipKd on Its behalf by.. J Orchard. Director SHENCARE co￿LItu1]Ty TIL￿NsPoRT A COMPANY LLiufED BY GUARANfEE ATEItEhT OF CHANGES JN Eourry FOR THE YEAR EhT)ED 31 ￿lARcH2o23 Ret•ineAI Designated fund% Totsl equity Balance at l Apr312021 121,180 141,180 CILange8 ID equity Tot￿ Gornprchtnsiv¢ inrorn¢ 13341 Balance At31 Manh 2022 134521 154,521 Changes equity Totaj Go[npr¢h￿Slv¢ incoTne Balance 4É 31 March 2ts23 130.518 150.518 Th¢ no*5 foTrn Wtorth￿ financial 5tsteTDtttts SHENCARE COMNIL￿ TRANSPORT A COMPAWY LLMtrED BY GUAll￿￿TE￿ NOTES TO THE FTh ANCL4L SIATEMEINTS FOR THE YEAR ENDED 31)IARCH21123 STATUTORY INFORMATION Shencare CommuJJity Transpon is a private cotDwally. limited by guataotc4 ￿gIstered IL England aDd Wales. The compatsys r¢gistere41 number and r¢8iSttred office address Cou br foulld OD the CompanylDformMion pa8B. The pr¢s¢lltatioD CU￿ of the rmanc1￿ sttteJj)2￿ts is thc Pound strrjl￿g (£). AccouwfiNG POLJCIES Basis of preparation Th￿e financial statetnents have bceu prepared in a￿￿)rda￿e wtth Finanriai Re[￿Ing Stsndard 102 'The Finatici&t Repor SI￿a￿d applicablc in the LTK a]]d Republic of Irelalld" tDcludillg the pJD%isions of Stction IA"Small Entities. 8nd the CDtnpanies Act 2006. The fi]Jall¢iai siatefftents have becn prq)aJ¢d Underth¢￿t0ri￿ cost ¢onvèktiort. The fjLaLcial stateD￿￿tS of the th￿lty, wbi¢b is a pubjic bcnefit entity UDdcr FRS 101 hay¢ bezn prepared in accordance the Charities SORP (FRS 102) 'Ae£ounting and Reporting by Clwiti&s'. Statemeot of Rec0]nn￿ded Pwtice applic8bl¢ Éo tharitses Prep￿illg their accounts in accord8occ with thc binanciat RepoTtin8 Standard appIicthle in the UK and Republic of Ireland ￿Ks ItJ2) leffectivt l Jalluary. 2015),. FiDanctal ReF4Trrrin8 Staodard 102 The FIn￿KIal Re￿￿1￿£ Stand2Td oppli¢able itt the UK and Republic of IrtIat￿. a￿d the Cl)ariuesAcl 2011. Thrnoyer TuTnoveT 1$ toeasllted at th¢ fair valu¢ of the Con￿derati￿ received or rerrt fro]n the co1￿MunIty M]ThiE￿ Fundduring thc yLw ¢udcd 31 MaJth 2017. DEBTORS: AMOUNTS FALIJNG IvTrittTr4 ONE YEAR 2023 2022 Trade debtors Other debtots 24,979 43,337 5.192 49 68,316 CREDITORS: AMour(rs FALLING DUE WITHIN ONE YEAR 20 2022 Bank loans a*MI overdrnfts Trade crcditOTS TaKatiOTL and soriaj xGurity Other creditors 13P47 16,266 5.214 10239 17,955 3,647 34,256 5,037 45,666 60,895 LIMITED BY GUAiiANI£E ShEncare Cornrtjunity Trall5r￿ 15 a compally limited by Buardlltee and does llot baye a share capitsL In the event of the ¢omp8ny bring wound Upb the liabilityofthe meTllber5 i5 JitDited to £1 tacFL CONTROL REL4TIONSHIP Throughout th¢¢uTreut￿d preTri0￿ y￿r the ColD￿Y uDdu the cotttrol ofthe eltctrdtnLSt The ¢urrnt Tnk%t¢e5 are: Hoth. AldertD#N P¢tsr Dougl4$ Osborn Alan Perctval John Orchard Mar) Eliubeth Stsele ## **SHENCARE COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE** ## **REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF SHENCARE COMMUNITY TRANSPORT** I report on the accounts for the year ended 31 March 2023 set out on pages three to eight. Responsibilities and basis of report As the charity's trustees of the Company (who are also the directors of the company 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 for this year 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 material matters have come to my attention which gives me cause to believe that: - accounting records were not kept in accordance with section 386 of the Companies Act 2006; or - the accounts do not accord with such records; or - the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 - the accounts have not been prepared in accordance with the Charities SORP (FRS102). 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. ## Pamma and Rakhra Associated Pamma and Rakhra Associated Limited 53 Chestnut Road Oldbury West Midlands B68 0AY ## 12/10/2023 Date: ............................................. This page does not form part of the statutory financial statements Page 9 SH[￿CARE co￿I￿ul￿ry TRknSPORT A COWLYY L￿1]TED BY CUARANTEE DETAILED INCO}￿ EXTENT)tTURE.4CCOUNT FOR THE YEAR 31 hL4RCH 2023 2022 Turllover Trdn5POrt- Schools colltr Bus Service Operntor5 GT3nt Social tnGIu5ion incotnE SUI￿ry illWETrC- donations MtDAS TraininE income 297J611 10,537 56.158 292.880 5,631 1.795 364255 303.090 Other income Dcp051t account ￿tere 187 57 303.147 Expenditsre Wages 119J71 215.680 (14.984} Rent Insurance Light alld heat T¢lephoLe Post aThd stationery Motor cxpenses Sundry expenses Accoulltallcy Profrs51on￿ fee5 D¢pr¢ciation of tall￿7>[c fixed & Fixtur¢s fittings Motor vehicles Comput¢r equipment Ptofitllos5 on salc of tangible fixcd assets S,623 2.699 1.656 789 1.643 1,152 5469 92,753 4.457 63.337 3.711 i.(AO 2.116 9.965 202 4.247 417 2370 418 289,682 {1842) 13,465 FinAtLce costs Bank chargc5 161 124 NET (DEFICITySiJRPLUS 4JID3 13 J41 This page th)esnot forn rAn ofthe staDrtory finartciaistatrments