REGISTERED NUMBER: 04256086 IEnglADd and Wslv) REPORT OF THX DIRECTORS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR SHENCARE COMMUNITY TRAIYSPORT A CQMPATr4Y LIMITED BY GUARANTEE
SHENCARE COMMUNITY TRANSPORT COMPANY LtMrrED BY GUAIL4P4TEE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Compahy Informtttlo Chairman's Report Report of the Directors Statement of FinAttti81 Activlties StatÈm¢nt of Flnart¢i41 PosÉtio SttemeDt of Changes ill Equlty Notes to tht financial Statsmtts Independtttt XxmiRer?s R*port Detailed lJKome 8nd Expelldlturè A¢couDt io
SHENCARE COMMUNITY TIL4NSPORT A COMPANY LtMITED BY GUARANTEE COMPANY INFORMATION FOR THE YEAR ENDED 31 MARCH 2025 CHAIRPEILSON: VILLLHAiR,. HOJL Alderman Peter Dougl Osborn DlliECTORS: J Orchard PDOsbo TRUSTEES: John Orchard Hon. Alderman PeterDOu8] Osbo A]an Percival Mary Elizabeth Spatkes SECRETARY: SHENCARE MANAGEIL. REGISTERED OFFICE: The Cabin Welches Clos¢ Northfield Birmingtmm Wc5t Midland5 B312Kr REGISTERED NUMBER: 04256086 (England and Wales) CHARITY NUMBER: 109)190 JliDEPENDBNT EXAM]hTr. Pamma attd R&L.hra A)ciated Limitrd %3 Ch¢stiiut Road Oldbury W¢st Nlidlands B68 OAY Lloyds TSB pl¢ University of BinniAghtsm BY8Dcli 14* Ed¥b&%ton ParkRo&d Birrniiigham West MidlaT$ Pagc I
SHENCARE AGM CHAIRS REPORT 2024125 l am pleased to be able to report that Shencare has survived another year. The is no doubt that, at the moment, charities are operating in difficult financial times. Grants and the opportunities to generate income are diminishing while costs and the demand for their services are increasing. Shencare is no exception to these pressures. We are fortunate that thanks to the efforts of Paul Lakin, our General Manager, we have been able to very nearly work through these difficulties and end the year with only a small financial deficit which we hope will be eliminated in the next financial year. Firstly, our income stream has stabilised a little. The Birmingham Home to School contracts, after several years of uncertainty. have been secured now for four years. This is the main source of income we generate to support our charitable attivities, so this means those activities are secured for four years too. The Department of Transport grant is on-going funding for projects funded by the expired Northfield Network grants which will allow them to continue too. The possibility of this grant being extended beyond the agreed eighteen months would be welcome. Also, we have been building back after the closure of services to charities and other organisations due to the Covid restrittions. This is due to Paul's efforts and his local contacts and we have been able to add some new ones. This all enables Shencare to maintain a critical mass which provides the flexibility it need5 to be able to work in a constantly changing operating environment. In all of this, the role of the Stsff must be acknowledged. We have a well trained and motivated staff who deliver high quality and reliable transport services. This maintains the high reputation which Shencare enjoys, which feeds back into making us a credible and effective service provider and an attractive contractor with which to place business. Congratulations all round. John Orchard. 25.
SHENCARE COMMUTr41TY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE DIRECTORS FOR THE YEAR ENDED 31 MARCH 2025 The dsrectors pr¢5¢nt theirrcport with the fitwicial statcmeats of th¢ ¢ompally for the ye4T ended 31 Mjrch 2025. The accounts hav¢ b¢¢n prcp8red under the provisions of Auntillg and Reporting by Charities.. Statement of R¢comTnended Prdttice appllcablc u) chariiies preparing their accounts itl aGcord8n¢e with the FinaDcs8] Reporting Standard applicable in the UK attd Republic of Ireland IFRS 102Xeffective l Janusry 20151. The eharity is a con]pany limited by 8uaratitee with ¢]witable statu& ChLty nwnb¢r.. 1099190 It w¥ IIiwtw)Tw¢d on ZO July 2(1)J and 15 gov¢rned by its memordrn 2nd Arti¢les of Asseeiltion. The Memorandum attd Artic1¢5 of A55]atIOn were amended by special resolution on 18 June 2(N)3, 22 August 23 25 February 2016. PRINCIPAL ACTIVITY The principal activity of the comp81)y in tht ycbr undcr re¥itw was that of providlng a LuInmunity Iransport s¢nTice to th¢ inhabitants of Birminghatn and neighbouritig areas, who are in need of such service beeAuse of eg< sickness, disability or povety. Provision or assistance in the pros1O of r¢¢reAti¢Mal fa¢ilitic3 for the publi¢ at I8< wli¢ by of yourty age. infirmiry. disability, )verty or ¢conomtc 8nd 50cia] cin]mstances have n¢¢d of such flIrat5 with the object of improving th¢ireDndition5 of life. FUTURE DEVEiDPMEpfrs Thc main focu5 of the Trustees will be io secure the wuir&J funding artd agreements to ¢n&ble the chIty to aehieve its objectiv¢5 as set out in its governitt8 document. DIRECTORS The director5 shown bclow have held offi¢e during th¢ whole of th¢ period from l April 2024 to th¢ date of this repo PDOsbo J Orchard ORGANISATION STRUCTURE Overall manag¢ment of th¢ Charity is th¢ responsibility <>f th¢ Thistees who are eleeted or co.opied under the tern of the constitution. The day to day activity is managed by the rnaTLager. RISK STATEMENT The Irustees conunue w revi¢w the risks and bJe cojjfident thcy hav¢ all risk5 Govered with io minimise risk and exposujt ofthe charity. Th¢ trnStec5 CO[ct an annual 2rview of the major risks w which the th8rity is exposed and prottduT¢S and have beett established to ]niiiga* th¢ risk¥ lh¥ Lh¥riry facc8. Significant txtemai Tisk5 to fvnding have led to the development of & strateKi¢ pl8J) which dlow foi the diversification of funding and athivitiES. Intemtti control risks a]t rninimi5ed by the iEnplem¢ntation of pro¢¢dures for &uthoAs&ti¢n of ail tr&ttsaction8 and projects. Procedures aTe in placc to ensure cumplrance with heolth aTJd safety of SfAff, volunteer4 clients and Visito to the charity. RESERVES POLICY The tru5te¢s aim to maintsin r¢sm¢s at a level that would ¢OVfT potrntial r¢dundallcy TMym¢nts in the event of closure. In addition reserv¢s are maintaill io allow for fluffluaiions in numbers each year Ènd to engble replacement of vehicles. This report has been prep8red in accordknce the provisions of Pth 15 of the Companies Act 2006 relating to small cothwi. ON BEHALF OF THE BOARD: P Lakin- Secretary Date: Page 3
SHENCARE COMA(UNITY ]RANSPORT A COMPANY LIMITED BY GUARANTEE STA TEMENT OF FINANCIAL ACTtVITIES {INCLUDINC INCOME AND EXPENDITURE AccouNr) FOR THE YEAR ENDED 31 ThL4RCH 2025 Yexr ended 3IJ.2025 TotAI Funds Yegr endtd 31J.2024 Total Fund5 Uhrutricted Restrlcttd FuDd$ Notes Incoming Resour¢es Trnispwt Bus Service Operators Grgnt Other income 345.650 18,642 263.790 0,537 73.0(M) 18.642 Totsl Incoming Resources 347 327 O¥tgoing R#our¢¢s: Charhtable activltles SdATi¢S & wages VehiGl¢ penSeS Rent,rates & insurattce DepTeciaiion (hherre50urces eKpcnded 236,446 72.859 26,633 2.667 27.592 440 72359 26fj33 2ffi67 27J92 237,919 ?0.517 27,839 24,614 Total T¢50urees expended 366 197 366.197 364.432 Net Incominglloutgoing) Resour¢¢5 17341 (734) 117.105) Funds istApril 2024 133.413 133,413 150.518 TOTAL Fuf4DS AT 31ST MARCH 2025 £132 679 £132ffj79 £133,413 The notes fonn part of thes¢ fjnancial statements Page 4
SHENCAR£ COMMUNITY TRANSPORT {REGISTERED NUMBER: 042560861 A COMPANY LIMITED BY GUA114NTEE STATEMENT OF FINANCIAL POSITION 31 Nt4RCH 2025 2025 Not¢s 2024 FIXED ASSETS TjbIr 22,181 5,898 CURRENT ASSETS Debtors 22 Cuh at iMDk and in 18,582 151.871 CREDITORS Amounts falling due within one year 136.789 170.453 NET CURRENT ASSETS 127515 TOTAL ASSETS LESS CURRENT LIABILlEs 131679 133413 RESERVES Oesignated thnd5 Jn¢ome thd exp¢nditure wunt zomo 112679 20.IKKJ 113413 133.413 The comw4Dy is eniltl¢d to exemptitsn frotn 8udit under S¢ction 477 of thc Companies Act 2(K>6 forthe year ended 31 March 2025. The members have not required th¢ company to obtain att audit of its fi]]anriaJ stakments for the ycar ended 3 1 Marth 2025 in RccordznLe with %e£iiott 476 of the Companies A¢[ 2006. Thè. dirertot¥ A¢knowled8e their responsibilit1¢3 for.. lal ¢nsuring thai the Lotnpany keeps #ccounting retords whieh comply with Seetions 386 and 387 of the Companies Act 21X)6 ÈT Ibl preparing financia] statements which give athje and fair view of th¢ state of affairy ofthe company as at the end of eAth fin2nci year and of its surplus or deficit for each finantia] ye8r in a¢cord&ncc with the requirements of Sections 394 and 395 )d which othenwise comply with the reqUir¢rrtts of th¢ Comp8ni¢s Act 2006 r¢lating to finat2ciaJ stai¢ments, so far as applicable to the company. The finanti7J 5tatemtni% hève been PTepred in a¢¢crdanc¢ with the proviyiotL3 applicablc to Co[nplIc5 subjrLL LU the St[1] compani regime. The financial staiements wer¢ approved by the Boar(t of DiTeetors and authori5ed for issu¢ ort signed on its betlalf by: .. and wt]E J Orthard- Director The notes f¢)m) part ofth¢se financial staternents P4g¢ 5
SHENCARE COMMUNITY TRANSPORT A COMPANY LIMITLD BY GUARANTEE STATEMENf OF CHANGES IN EQuy FOR THE YEAR ENDED 31 MARCH 21llS Retsined e&rnings De5ignAted fund$ Total ¢quity
t l Aprll Z023
130,518 20,(K)O 150,518 Changes equtty Totai cornprehensive income 171051 BalaTr¢e #t 31 MAreh 2024 113413 133413 Changes in equity Total comprehensive InMe 734 734 B•lan¢e at 31 Marth 2025 20,000 132 679 Thenote$ fom) pftrt of these finanGial 5tatcments
SHEcAR COMMUNITY TRANSPORT A COMPANY LIMITED BY CUARANTEE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR Ef4DEDJI MARCH 2025 STATUTORY INFORMATION Shen¢ar¢ Community Transpon is a privaie company. linMt¢d by guarantee. registered tn F.nWand 4t Wdes. The compuny,. r¢gI"tred nutnber2nd registered office address be found on the Company InforntIon page. The presentstion currett¢y of th¢ financial st&ttm¢nis is the Pound Sterling l£}. ACCOUNTI]YG POLICILS B45i$ of pftparation The5¢ IiDan¢ial stat¢mettts hav¢ been pr¢pared in acGord&tttt with Financial Reptrning StsndgTd 102 'The Financial Reporting Stsnd8Td applicable in the UK and R¢public of Ireland" including th¢ provisions of Sectiotj IA "Small Entities 8nd the Companies Act 26. The financi8] statements have been pr¢paTed underthe histori1 cost convention. The financial 5tatcments of the charity. whi¢h is a public benefit entity under FRS 102, have b¢¢n prepared in rdan wEth the Ch8riti¢5 SORP IFRS 1021 'Awounting and Reportiog by Chariti¢s-. Stat¢m¢nt of Rtcornmended PraLlicc applicable to aritics preparin8 thcir accounis in accordance with the Financiol R¢porting Standard applicable in the UK and Republic of Ireland IFRS 1021 l¢ffcGtivc l 201J)'. Flnancial Rworring stand IU2"1'he Fin8nciAi iitportill8 Sknd8rd applicable in the UK &nd Republic of ITelgll]d' and the Charities Act 2011. Ttrrnover Tumover is measured at the fgir Value of the considerAtioti received or r¢ctiV4bl4 ¢x¢ludinE discount% rtb¢s, value added t and other sales tsxes. Voluntary income in the fnrni hf dongtio]4 * gnd w*ntS j3 itt¢luded in th¢ finun¢ial 3tatcmei)ts when IfXtiv¥il. vdjue or stsvice provided by volunts¢rs h&8 not be¢n ilUded. ResouTre5 expended e reco11$¢d in the period in whi¢h they ar¢ incurreiL T#llEibl¢ fixed 25sets Depreciation is provided at the followillg annual rates in Otrt0 write off each &%%et over its estimated useful lif¢. Motor wehicles 25Yo on cost Computer equipment 33Yo Ott Cost UDrestrStted funds Unrestricted funds are donations and other llwominE resources receivablt or g¢n¢rated for th¢ objects of tbe Ch8rity without fiJrth¢r specified purposes and 8re available as general funds. Designated fuDd$ DesiyJa¢¢a Funds Bre unr¢strIcl fupds e8marked by the Management Cornmittee forppJ1icul8r purposes. Restricted Restricted Funds are to be used for sp¢¢ifi¢ puryoses as laid dowtt by the donor. Expenditure which mcets these etitcria is h8¢d to the fury together with a fair 211ocauon of n)anagemeni and supwrt ¢osts. EMPLOYEES AND DIRECTORS Th¢ averdge number ofemployees durin£ the ye&r w&$ 14 (2024. 16). No r¢muneration. dITtlY or indirectly out of the fid5 of the Charity, w&4 paid duTirt8 the year to th¢ trustees or my p6)n5 known to be Connect to th¢ trustec OPKRATING DEFICIT The OPCTatin8 deficit is slaicd after ch4rglttg.- 2025 2024 Depre£iatiO#- OWTJed ets Pog¢ 7 cotktinued...
SHENCARE COMMUNITY TRANSPORT A COMPANY LJMITED BY GUARANTEE NOTES TO THE FINANCLIL STATEMENTS_ continued FOR THE YEAR ENDED JI MARCH 2025 TANCIBLE FIXED ASSETS ljl#ehin¢ry COST At l April 2024 Additions Disposals 247215 At 31 MtrGh 2025 260,415 DEPRECIATION At I ApTII 2024 Charge for year Elin]inaied on diSsl 241J17 2,Y14 97) At 31 M&'LtJ 2025 NET BOOKVALUE At 31 Mfjr¢h 2Q25 22.181 Ai 31 March 2024 Included within the fixed sssets is the estimated cost of £58,0(M) for the MeT¢ede5 Sprinter mÉnibus donated to Shenc Community Transport from the Cottllnunity Transport Mlrtibus Fund durin8 th¢ ywcnded 31 March 2017. DEBTORS: AMOUF4TS FALLING DUE wrrHtN ONE YEAR 2025 2024 TrJG dcbio Other d¢biors 19,716 2J28 14,360 4,222 CREDITORS: AMOiTrITS FALLiNG DUE WITIIIN ONE YEAR 2025 2024 Bank loans and overdrafts Trade creditors Taxatiott and g)cial security Othcr creditors 6,197 6a23 3,940 10.027 5.168 4,503 23 26291 LIMITED BY GUARANTEE Shen¢aTe Collununity Transport is & Company limitcd by gUarTlet and doc5 nor have gl shat¢ cHpiwi. In the evoK of the COrnP8ny bein8 wound up, Ihc liabiliiy uf thr njenthrs Is Ilmiiea w £1 e4ch. CONTROL RKLATIONSHIP Throughout the cuJr¢llt and prevsousyear the ComplY W&8 Utjder thc control of the clected tnw¢¢s. The curT¢nt Trustses are: Hon. AldermAn Peter Dougkns Osborn Alan Pertival JohTh Orchgrd M*ry EIi7Abèth Sparke$ Pale 8
SHENCARE COMMUNITY TRANSPORT A COMPANY LIMITED BY CUARANTEE REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF SHENCARX COMMuf41TY TrANSPORT I rqK>rt on the accounts forthe year ended 31 March 2025 set out on pages three to eighi. R¢Snsibl1]t1es and b&sis ot report As the ctlarity's trustees of th¢ Company (who are a150 th¢ directors of the compatty for the purposes of company l&wl, you arc responsible for thc preparation of the accounis in accordance with the Tequiremajts of the Companics Act 2(M I'lhe 2(M)6 Act'}. Having stttisfi¢d myself That th¢ a¢¢ount8 of the Company are not required to authted for this yesr under Part 16 of th¢ 2(M)6 Act and aT¢ eligible for ind¢pend¢nt examinatioo I report in respect of axaminlOn of your charity's accounts as carried oul under sectton 145 of ihe Charities Act 2011 ("the 2011 A¢t"l. In Lying out my examittation. I have followcd the Dir¢¢iions given by the Ch8firy ComiiiissitsIi IwJd¢r S¥Liion 14515llb) of the 2011 ACL Independent examiner's staternent I h&ve eampl¢t¢d my examination. I confjrni that lio mat¢riai matters hav¢ come to my Ètt¢ntion whieh giv¢5 me caus¢ to bBliev¢ that.. - aG¢ounting records wer¢ not kept in accordancc with sectiott 386 of th¢ Companies Aet 2006" or - Ihc accounL% do not 2C¢QTd with such records., OT the attounts do noi Lornply wirh relevant accoting requiretnents under s¢¢tion 396 of th¢ Companies 2(N)6 othcr than any requiTtment that the ac¢ouni$ give a'The and faiv vi¢w %Yhi¢h is not a Matt considered as 1 independeni eXam1rLIQ. or - th¢ accounts hav¢ not been prepared in accordance with the Charities SORP IFRS1021. I have tto ¢onc¢rns and have comt a¢TOSS no other tsJatter5 itl ¢oJm¢ction with th¢ &xamination to wl)ich attention should bc drawn in this report in ord¢r to ettable a prop¢runde2SFanding of the accounts to b¢ rttched. Pamma and RakhrnAsso¢iatui Limited 53 Chestnut Road Oldbury West Midlajjds B6¥ UAY This page dots ttot fomi part ofthe statOry fitwiciai 8MentS Page 9
SHENCARE COMMUNITY ThANSPORT A COMPANY LIMITED BY GUARANTEE DETAILED INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ZNDED 31 MARCH 2025 2025 2024 Turnover TranspDrt- SchoDls contracts Bu5 SeTrice Operators Grani Other income 345,650 18,642 304 290,413 10,537 45.421 24&371 Otlter intom¢ Deposit account int£rest 956 365A63 347,327 ExpeDdl¢ure Wages Rellt Insurance Light Ènd hc Tclephone Post attd stationery Motor ¢xpenses Sundry exFtnses A¢wuntancy Professlonai fees rjepreeiation of tsn8ibl¢ fixed &gsets Motor vchicles Computer equipment ProfiU]oss on sale of tswble fix &ss¢ts 23&446 6260 20J73 1341 1295 2,447 237,919 6.970 20,869 2.029 2,520 70.517 7,174 1,800 9.fA)O 10950 2175 39 3.750 417 365.9)9 (536> {16.965} Finanee tosls Ballk charges 140 NET DEFICIT 17,105 Thi5 page does not forni part of the statutory financia] statemeEIts Page IO