RECISTERED I¥UMBER: ib4256086 (E•glgnd ad W•le¥) REPORT OF THE DIRECTORS Af4D FINATrICIAL STATEMENTS FORI71& YEAR ENDED 31 MARCH 2024 FOR SFIENCAPI COMIKUIYITY TRANSIJORT A COMPANY LIMITED BY GUARANTEE
SHENCARE COMMUP41TY TrANSPORT A COMPANY LIMllED BY GIIAK4NTFF CONTIINTS OP THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Company Information Ch#irman'B Report Report of the Direttors Sthtemtnt of Finantlal Activities Statement of Financial Po$ition ststemeTtt of Changes ID Equity Note5 to the FiEanti*l StY4tements Ibdependejtt Examitter's Report Detsiled lJJ¢omt #thd Expenditure Account io
SHENCARE COMMUNITY TRANSPORT A C.OMPANY LIMITED BY 611ARANTEE COMPANY If4FORMATIOIY FOR THE YEAR ENDED 31 MARCH 2024 CHAIRPEoN. P D Osbon) VICECHAIR: Hott. Pcter Douglas Osborn DIRECTORS: P D Osbom J Orchard TRUSTEES: Hon. Aldcttnan Paer Dougl&s Osborn Jolm 0haTd Alan PeJLival Mory EIi7Abcth Sparkts SECRETARY: SHEE4CARK MANAGER: P L&kin RECISTERED OFFICE: The Cabin W¢lches C105e Northfield BiTtTringham Wttt Midlands B312XT REGISTERED NVMBEIL. 04236086 {Engl8nd and Wal¢sl CHARJTY fwMBER: 1099190 B15 ?Tl' Pa8¢ 1
SHENCARE COMMUNITY TRANSPORT A COMPANY LIMII'ED BY GUARANTEE C.HAIRMAN'S REPORT FOR THE YEAR EfqDED 31 MARCH 2024 In my ann1 report last year, I was able to report a return to mre or le55"businw as usual" after the disruptions caused by the Covid restricttons, but referred to the challenges of finding new contracts and 50urce5 of income to Place short term ir)come streams that had come to an end. This has lar8ely proved to be the case. but there Ikive been other more unpredictsble matters to be managed during the year. One of the most Si8nificant the retirnent of Chris 8u5St in June 2023. In fact. this w?sn't unpredictablè traUSe Chris had been considering the move for some t6me. However. when tslk tums to decisKJns about dates, that concentrntes minds wonderfulty. Chris had been almost gynonymous wlth Shencare Since early In its hlstory and what It has becolne is entlrety a (allOn of him. Th@ Board 15 deeply 8rateful to Chris for all the v40rk that he has done over the years to steer shenre through a nurnber of changes and transfomHtions which literally have kpt the wheels rollin8. He was alway5 goin8 to be a difficult person to replace, but in the restructuring and management chan8es that wère made to attommodaté thls under Paul Lakln, the challenges and risks have been successfulty navigated and the wheels are stlll rolling. One of the major challenges faced by Paul and his team has been Birmlngham City Council's home to school Servi contracts. These have been tn a state of uncertainty for some time and 2023124 ha5 been no eXptIOft. The City Council failed to meet its own contract renewal timetable and nilaterally rolled fon¥ard the 2022123 contracts with no uplift in priees. The fart that l am writin8 this report is confirmation of the fact that Paul and his team managed to find a way around this problem, maintaining the service and hence the reputstion of Shencare. Not all of the unforeseen evet)ts knwever were bad news. One good news item that eame oirt of the blue was a notification from the Postcode Lottery that they were giving us a donation of £42.OIXI as part of their charr¢able actlvFties. The money. wIthO any srrtn8s attached. arrr¥ed in our bank account In December and rnaIns the whlle we conslder how to best use It for the greate5E benefft to Shencare. Lookln8 fon¥ard to the next financlal year, the perennlal problems of repFa¢ing fvnding streams which have come to an end with new ones will rem6in. Arrangements for the new City Council's new home to sthool eontrntts will prent Challenges. Paul and his team will remain but l am confident that fhrough thelr efforts the wheels wlll tontlnue to roll. John Orchard November, 2023. Page 2
SHENCARE COMMiif4TTY TRANSPORT A COMPANY LIMII'ED B Y GUAILINTEE REPORT OF THE DIREcfoRS FOR THE YEAR ENDED 31 MARCH 2024 Th¢ dir¢¢tOf8 present th¢irreport with the financia] st2temi#Tts ofth¢ company for the yearendtd 31 Mareh 2024. The accounts have b¢en prepared ter th¢ protyisious of Accountit)g and oning ty Clwitieé.. StalDent of RCcomtne¢d Practice 2ppli¢able lo ctwities PTeparing th¢ir accounts irl accor(knce with the Finati¢ial Reporting Stsndard &pplicllbl¢ ux the UK and Republic of Ireland IFRS 102} (cffective l January2015). The charity Is acornpatsy limit¢d by guarantee wth ¢haritsbl¢ 5tahJs. Charity l(199190 tt Was ixJ¢tswr&tul ou 20 July 21101 alld is xovern¢d by irs M¢motandum and ATttcles of Association. The Memorgndum attd Afti¢1¢5 of Associ10 i¥ar amended by Special r¢solution ott 18 Junc 23, 22 August 2(K13 giLd 25 Febnwy 2016. PRINCIPAL ACTIVITY The pThncipal auivity of the ¢ompany in th¢ year under Teview was that of pty>dIllg a conlllty transport servicc to the Inhabitants of Binningham alld n¢tghbouring areas. who are in need trf Such viCebeCause of age. sickne$s, disability orp)vety. Provision or agsistattec in thc provision of rccreational fa¥iliti¢s for the public la who by reason of youth. ag¢, stifmity. disability, poverty or economic attd social ¢ircUJYts¢C have need of such facilities with the object of i]Dproving their conditions of FUTURE DEVELOPMENTS The focus of th¢ Trustees will be to stture required fiLlldin8 and Bgre£mwJts to enabl¢ the eknity its achieve its objectives as Set ¢)ut iti its gov¢rnittg (kn¢uuMt. The dim¢tot8 sknml b¢low hav¢ h¢ld oJS£e during the whol¢ of thewiod ftotn l April 2023 to the date of this report. P D 05born J Orctwd ORGANISATION STRUCTURE Oven] rnanagemertt of the Charity is the wnsibility of the Trus¢¢¢8 who clea¢d or co-opltd under the t¢ms of the cDn%titution. The dlly to Oayactivily js maThaged by the thau28er. RISK STATEMEf4T ]e MreeS Lontinue w revtew th¢ risks and PT¢ collfidcnt they have all risks covered with a¢(iotts to minimise ii8k and ¢XPO8UTC of the chariry. The trustees conduct all of th¢ major nsk6 to wbich the chariry is ¢xposed ajjd P[0dUr¢S aDd havc been established to tnitigaie the risks the ¢ilty faces. SAgtiificallt exr¢rn81 risks to fundmg bave i¢d the devdopm¢tst of a straiew plall whi¢h ajlow for the diversificatioll of fundallgand adiviti¢5. Iniemal control ri$ks are minimised bythe itllplenktttion of procedur¢s foF authorisati(Jn of all traL¢3CtioJs alld projects. PMCtlu are in plac¢ lo ensure compllaoce with heajth 8afety of Bthff, voluttteers ¢li¢nts and visitors lo the rhar2ry. RESERVES PULICY The trustees Èirn tu tDaintairL r&%etves aL a Eevel that would cover potontial r¢dundancy paymrJ)ts in the evetti of tlosur& kn addition reserves are tnaiDtain¢d to allow forfluctuatio]ks in numbcrs tach year and to etvable repla¢¢ment of vehielc$. This reporthas b¢¢n prepare412D wordance with theprovisions of Part 15 of the CvTnpanies A¢1 2006 relating kn &mall ¢oJnpanies. ON BEUALF OF THE BOARD: Page 3
A COTrIPAi¥Y LIMtt£D BY GUAIWITEE STATEMELYf OF FINANCIAL A1V[rIES (INCLUDING INCOMK AND LYPENDITURE ACCOUNT) FOR THE YEAR gNDED 31 MARCH 2024 Year ended 31.32024 Year 31.32013 Ur¢stted Re¥trkted Total Fundi Notes Intomlng R¢sour Transport Bus Service OpeFgtors Gmt Other income 263.790 10.537 73.0 263,790 10,537 73.000 297.560 10.537 56345 Totgl ltteomlDg li£sour¢¢3 347 327 347 327 Okntgolng Resoll¢s. Ch&rltsble actlvltiès Salaries & wages Vehicl¢ Cxpcllses R¢u1Wd & insurnn¢e Depreciation 237,919 87.462 10.894 3,543 24,614 237.919 87A62 10,894 3¥43 24ffj14 239.371 92.753 8,619 3,095 24,607 Tof>l rcsources expellded 364 432 364 32 Net Inco]ninW(Outgeing) R¢souKes II7.1051 (17,1•51 (4.003} Fund5 at Ist APTII 2023 150.5J8 150,518 154.521 TOTAL FUI¥DS AT 31ST MARCH 2024 £133.413 £133 13 £150 The ]M>tes form part of the$¢ financi81 &atemeJts P88*4
SHENCARE COMMUNrrY TRANSPORT EGISTERED NUMBER: 04256086) A COMPANY LIMtTED BY GUAiW4TEE sTATElENT OF FINANCIAL posrrioN JI MARCH 2024 2023 FIXED ASSETS Tangible assets 12,570 CURRENT ASSETS Debtors Cash * b8tLk and in haThJ 49,850 133758 CREDITORS Amoullts falling due wtthin one year 170.453 183.614 T4ET CURR114T ASSETS TOTAL ASSF.13 LE&S CURRENT 133 150518 RESERVES D¢sigttated funds tttwm¢ and exp¢nditure accouttt 20,IMI 113 413 20.000 130518 133 150518 Th¢ ¢ompdny is ¢ntitled to ¢K¢n¥iiortfromaudii under Strtioo477 of the Cowanies Act 2(M16 forthc year eDded 31 Marth 2024. The metllberg have nol required the company to (l)taiti an audit of its fillan¢ial statements for the yeAr ¢ndcd 31 MBr¢h 2024 ID ordaDC¢ with Section 476 of the CompaDies Act 20(. The diT¢thrs acknowledge theiT rc5ponsibiliti¢s for.. la) en$uring that the ¢ornpally keeps accounting T¢COTds which comply with Sections 386 aDd 387 ofthe Companies Act 2006 and (b} prepanng financt815ktem¢nts which give a irue aDd fair view of the 5ta* of affaiT8 of the ¢ompaoy at the tnd of each fi[ncl81 yedT snd of ils sutylus or deficit for each financial y¢ar cOa3C¢ with the M]Uir¢llntS of Sections 394 and 395 and which othertwg comply the requirements of the Compartlts Act 2006 ttlating to fingo¢ial statemenr& so far as applible tts the compaoy. The financial state]nents have been prepwed iti Accord&n¢e with the provi$ioD8 8ppli¢ablE to COJIVl¢S subi¢¢t to the S1 ¢tsmP8nies r¢Me. Th¢ thiancial $tll¢t5 wtrt approved by thc B03rd of Direaors and authorised for issu¢ on w¢r¢ si1¢d itsbebalf by.. ¢TJ J or¢hd- DitOr The note8 form partof these fi[wicl statements
SHENCARE COmM[JM TRANSPORT A COMPANY LIMtTED BY GUAIL4NTE $TATEMEP4T OF CHANGES IN EQUITY FOR THE ITAR ENDED 31 MARCH 2024 Relned e8rnlllgs Designatsd Total tquity Bxlinre at l April 2022 134,521 20,000 154,521 Changts In ¢qulty Tothl tornprehensive income 4.3 Balanct at 31 Mareh 2023 150518 Cknng¢¥ in eqylty Total trehenSIV¢ iucome J7,10 Balan¢t ot 31 Marth 2024 Il3413 133413 Th¢ rtot¢y forn) purt Df thcx fiijancial 8iat¢JnelllS Pag¢ 6
SHENCARE COMMUNtrY TRAN8PORT A COTrIPANY LIMII'LD BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 STATUTOMV INFORMATION Shcncare Comtnunity TJxDsport is a PEivat¢ compally> limited byguar4Llltc4 gistered iD Englattd aud Wale8. Th¢ COmpattS regJsteEed Dumber atNi re8JSt¢red office addr¢&% be fouDd on the Compatty Infornwtion paBe. Th¢ PTC5cntatiott t4Irrcncy of the fi[LciAl at¢n)eJJts i$ thePoulld Stcdin81£1. ACCOUP4TtNG POLICIFS B8$1$ of prepArxtio• Th¢5e finatttial statetJ¢nts have b¢¢n prepared itl accordalltt with Fitiaucial Rewting Stalldlrd 102 'The Financial Reporting Staard applicoble in th¢ UK a[ R¢publtc of Ir¢lat. including the provisiotts of S¢¢tion IA "Srna]l Entiti¢s" Blld the Cornp8nies Act 2006. The financiAI ststcmeDts hayc been pr¢pgred WLderthe histotical wsi contIon. The ffinancial staterneBts of the ¢Irity. whith is & publtc benefit entlty under FRS 102, have been preparnl in a¢eordaoce with th¢ CbatiLies SORP IFRS 1021'Accovntin8 and Repnrting by Charities.. StstellKn¢ of R¢commcnd¢d Practice applicable io ¢haHti65 prcparin8 their &ccounts accordatw with rh¢ Filwncial R¢porting Standard applicable in aE)d Republic of iFclal (TRS 1021 leffeciive l Janusry 20151,. Financial Rctx)rting Stand3rd 102 Yhe FiDaDcial Reporting Standard applicable in the UK and Rq>ublic of Ireland, 2nd the chltieS Act2011. TurDthver Turnover ig measured At ihe fair vAJue of the coDsidèrdtiOn received or T¢ceivabl¢, excluding di%counts rebates, vo]ue add&1 tsx and other sales tsxes. VoluDlary illcoe in the forni of doDatiots8? 8sft& attd is in¢llld¢d in the £Jnrial statet5 when retetv¢d. The value of $tTvice pro¥idcd by volumttths h&s not b¢tts inclijded. Resou5 expettded Br¢ 08[sed in thepetiod inwhi¢h they gre illeurred TaDglble nx¢d ossets T)¢preciation is PTovided at ¢he follow anllutj tÈl¢s in ord¢r toTil¢ off assci over its ¢stiJn2i¢d u5efi]I lifr. MoioT vehic1¢5 25¢h ott cost CotThpuler equipmell¢ 33 10 on cost Unrestricted Unrestri¢ied thnds a donations and othcr incoming T¢soufces T¢reivable or g¢oetaled for the obJts of th¢ Clrity Wtthout funher 8pe¢Ifi¢d purposes and aTC availabl¢ as ¥eDeral fimdts. D1¥ted Designated Fuads art U[eSIncted fvttds eanjwked by the MaDagetient Cot))tllittee forp*t¢ularpurposes. Restricted fuLds Restricted Funds aTe to be used for specific putposes as laid dow) by the do]xor. Expenditure wbirh llets th¢K Griteria is charged to the fual logetber with a fatr alloc8tiort of rELgeMent a]]d support GQ5ts. EMPLOYEES Af4D DIRECIQRS Thc average trumbET of ¢mploytts Llwing th¢ yelr w&8 16 {2ff2J - 161. No remun¢rntion. directly QT direCtlY out of the of the chgrtty, was paid dwing the y¢gr lo th¢ tnjstees or atty p¢rsons kntrwn tobe comi#tsd to tb¢ trustees. OPERATING DEFICIT Th¢ oper&tiJJg rt¢fficit is stated aft clwgill8'. 2024 2023 DepCiation- owned assets Pag¢ 7
SHENCARE COMMiINITYTRANSPOXT A COMPANY LlITED BY GUARANT NOTES TO THE F]NANCIAL STATEMENTS- conlfjnwd FOR THE Y£AR ENDED 31 MARCK 2024 TANGIBLE FIXED ASSETS Plant grnd maehlhery COST Ai l April 2023 Addition$ Disposals 260J94 121 Al 31 MaTch 2024 247 215 DEPRECIATION Al l April 2023 Charge for y¢ar Elitt)inatcd on dispJsal 248,024 4,167 10,874 At 31 March 1024 241 NET BOOK VALUE At 31 M8r¢h 2024 At 31 March 2023 tn¢luded withitt th¢ fixed agsets is tho estirnated cost of £58.0 for ttLe Mercedes Sptyr millibus thtsated to Sbencare Co]nmULity TspOrt frotn the Comtnunity Transpon Miuibu8 Futtd duLing th ywr cllded 31 Marth 2017. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade d¢btors Otherdebtors 14JOO 44,664 18 CREDTTORS: AMOUNTS FALLING DiTE wmtlN OL¥E YEAR 1024 2023 Bank loaug gnd overdrafts Trade editOrs Taxalton and SOCI s¢¢utity Oib¢r ¢t¢ditors IOJ127 &168 13.Y47 16266 5214 LIMrrED BY GUARANTEE CotDDwnity TrarLSPQn is a rotnp3ny liti)ittd by guarantee alld does Jor have a 6hare capits]. In the event of the ompany b¢ing Wou[ up, Ibe liabiliry orthcLe]1)b¢rs is Ji]Drt¢d io £1 wh. COfffl<OL RELATIONSHIP Throughoutthe curr¢ntand previous y¢arthe company was und¢rthetfjntrol of the elected tN#¢Es. Th¢ ¢ent Tte¢S a]E'. Hon. Alderman Pet¢rDouglgs Osborn Alan Pertivtsl Johb Orchard Eliz•b¢th Sparkcs PaBe 8
SHENCARE COMMUNrrY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE INDEPENDEIYT EXAMINER TO THE TRUSTEES OF SHKNCARE COMMUNITY MNSPORT I report ott th¢ a¢¢ounts for the year ¢nded 31 Mah 2024 Ktout pws thC to ei8hL R¢sponsibilities and b&%is of report As the LhaTity's trust¢¢s of the Company {who are a]so the diTe£tors of the cornpany for the pujposes of company lawk you at¢ responsible for the prep&Tation of the accouttts in accordaftc¢ with th¢ requiTem¢nis of the Compllnie$ A¢t 2006 {"thc 21M)6 Act"). Havin¥ bati5fied myseifthat the accounts of the Company yre nol required to be audttcd for thi5 year undcT Part 16 of the 2Q06 Aci and arc cli8ible for independent exdminatioo I JNx)rt in resp¢ct of my cxamination of yLiur charity'b &ccounts a5 carrieAJ out und¢r sethion 145 of the Charitlcs Act 2011 l the 201 I Art"). In carrying out my examinthon. I havc followed the Directions given by the C'harity Conunission (under section 145{5)Ibl of the 2011 Act. Indep¢ndent ¢xamineWs slatrment J have cO[nplCd my Gxaminaiion. I confirm thai no matter5 have cotn¢ to my tttIOn which gives me cause to believe that.. a¢¢ounting records were noi kept in accordante with section 386 of the Companies Act 2006- or - the accounts do not atcord with such records: or the accounts do not comply with rclcvant accounting Tquiremcnts. utlder section 396 of the Companie% Act 20116 other than any requircmtnl that the accvun15 give d'irue and faif view whieh is n(>t a mattel consid¢r¢d part of an indep¢nd¢ni cxamination." OT - Ihe accourtts have not been prepar&1 in accordanc¢ with the Charitics SORP (FRS1021. I hav¢ no ¢oncems and have ¢omc acr0$5 no other nvdtters in cont)¢¢12on wilh the Lxamination Eo which atteniion should bc drawll in this report in order lo ¢nable a prop¢r undeJ*attdin8 of th¢ accounts to br TeadJ¢d. Pamma and Rakhra Asso¢iatd Limited 53 Ch¢stnui Road Oldbury West Midlands B68 OAY D&e'. 1411112024. This pa8e does not form part tsfttse st&tuwry fi[le1 statements Page 9
SHENCARE COMMUNITY TRANSPORT A COMPANY LIMTIED BY GUARANTEE DETAILED INCOME AP4D EXPEfiDITURE ACCOUNf FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Turnover Tr9nsport- Schools contr8ets Bus Smi¢e Operators Gtant Oihw Jn¢ome 263,790 10.537 297.560 10537 346J71 364.255 Otherfineotne DerM)sit a(1 interest 956 187 347J27 364.442 Wages Rent Insurance Light 2nd heat TC1hOne Post and srauonery Moior ¢x[KSe5 Sundry expenses Accounraney Profc&3iOtM] rets Deplation of tBngibl¢ fixed assets FixttTres 2nd fittings Motorvehiclty Computerequipm¢nt Profjtllèss on sai¢ of t*tgible fixed ossets 237919 6.970 239,371 5,623 2.996 l.fA3 1,152 5,469 92.753 4.557 ,660 9.965 la51 2J20 87.462 7,174 1.800 9.600 206 2,870 418 3,750 417 624 364 292 368284 (1fj965) {3,8421 Fllllln¢e costs Bank Ghargcs 140 NET DEFICIT This p#g¢ does not formyart of the stawiory fjnatKial $tsteTnts Page 10