Charity number: 1099477 Company number: 04738406
Mid Devon Mobility
Trustees' report and financial statements
for the year ended 31 March 2023
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Mid Devon Mobility
Contents
| Page | ||
|---|---|---|
| Reference and administrative information | 1 | |
| Trustees’ report | 2-4 | |
| Independent examiner's report | 5 | |
| Statement offinancial activities | 6 | |
| : | ||
| Balance sheet | 4] | |
| Notestothefinancialstatements | 8-14 |
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Mid Devon Mobility
Reference and administrative information
Registered charity number 1099477
Company number 04738406
Charity's principal address Multi Storey Car Park Phoenix Lane ; Tiverton Devon EX16 6NB
Trustees
Mrs R Darlington - Chair Mrs M Sheppard - Vice chair Ms L Dean Mr I Robertson Mr D Goff Mr S Walker Mr J Rogers (resigned June 2023)
Independent Examiner
Mrs M Hutchings Apsleys Chartered Accountants 21 Bampton Street Tiverton Devon EX16 6AA
Bankers
National Westminster Bank ple 11 Fore Street Tiverton Devon EX16 6LW
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Mid Devon Mobility
Trustees’ report for the year ended 31 March 2023
The Trustees (who are also the directors of Mid Devon Mobility for the purposes of company law) present their report and the financial statements of the charity for the year ended 31 March 2023. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” FRS 102 in preparing the annual report and financial statements of the charity’.
Objectives and activities
Summary of the objects of the charity set out in its governing document
To provide a variety of accessible services for the inhabitants of Mid Devon and its neighbouring parishes who are in need of such a service because of age, sickness or disability (mental or physical), or poverty, or because of a lack of availability of adequate and safe public passenger services.
Summary of the main activities in relation to these objectives
We provide a variety of accessible services for those who have specific transport needs, due to age, sickness, disability or lack of adequate and safe public transport. Services include: Ring & Ride, Passenger Club, Shop & Leisure Mobility, Community Car Schemes, Wheelchair Accessible Transport, The Hub Kitchen Hot Food Delivery Service, Community Hub, Recycle to Mobilise Service, Mobility Aid Loan Service, Telephone and In Person Befriending, One to One training and Hub to Home Services.
Our Vision: To help support individuals in the whole of the Mid Devon area to have unhindered access to a variety of accessible transport options, enabling them to enjoy a full and active life while continuing to live in their local community.
Our Mission Statement: We are a local charity whose services are aimed at increasing the independence, mobility and peace of mind of older and disabled people; helping to combat the problems of loneliness and isolation.
Our Aim: To improve social inclusion for the inhabitants of Tiverton, Crediton & Cullompton and its neighbouring parishes through the provision of a community transport service for those who are in need of such service because of age, sickness, disability (mental or physical), poverty, isolation or because of the lack of availability of adequate and safe public transport.
Our objectives:
To provide options for people living in each of the Mid Devon Parishes, to access medical and other essential services, clubs and organisations providing support, use the local amenities in the area.
Launching our Hub Kitchen back in November 2020 has beena real insight to the additional needs of our communities, the service has grown to meet the demand and continues to develop and extend.
Our Community Hub has been going from strength to strength offering an alternative to day care. There is a strong sense of community spirit where everybody is welcome.
Our Recycle to Mobilise Project has continued to grow, with record numbers of mobility items being donated and sold.
Additional details of objectives and activities
The trustees have had regard to the Charity Commission guidance on public benefit and believe this is achieved via the charity's objectives and activities.
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Mid Devon Mobility
Trustees' report for the year ended 31 March 2023
Achievements and performance
Summary of the main achievements of the charity during the year
This year the charity has:-
Secured funding to ensure continuity of all our services
Recruited in 29 volunteers to assist with our befriending services, Hot Meal Delivery Service, Community Hub activities, Community Car Service and office assistance.
Recruited an additional person to assist in the Hub Kitchen and extended its hot food delivery area and days to meet demands. Our Hub Kitchen and Community Hub teamed up to host a Special Christmas Week, serving 4 course meals every day for one week for over 88 people.
The Hub Kitchen provided free food Boxes to help people engage with simple cooking skills in their own kitchen, we supplied everything they needed to get started, the 6 week project was a huge success with us giving our 192 boxes.
Our Paid Drivers undertook MiDas Training enabling us to offer in house training.
Successfully completed our ‘Stronger Together’ project working alongside TRIP, Dawlish Community Transport and Ivybridge Community Transport. The project as a whole was incredibly successful, engaging and helpinga total of 15,934 beneficiaries within Devon. The main aims of the collaborative Stronger Together Project were to set up and launch Volunteer Recruitment & Training Programmes - to engage and recruit volunteers of all ages to help with existing Community Transport, Community Car Schemes and other local organisations which focus on helping frail, older, disabled, young, unemployed and rurally isolated people. Alongside the Recruitment & Training Programme the project provided a new ‘Give Back Scheme’ enabling both long- and short-term volunteering opportunities focusing on re-employability across Devon. The other aspect of the project was to provide a huge variety of Training Opportunities for the people of Devon, with a particular focus on upskilling people to enable them to gain the skills needed to return into employment. Volunteer Co-ordinators, Trainers & outof-house professional Trainers delivered short & long courses for accreditation which enhanced beneficiary’s employability, developed further skills, raised their aspirations and benefitted the wider community in a variety of different ways.
Extended our Community Hub opening days and hours.
Focused on our Volunteer recruitment and retention processes.
Created several short videos for social media to promote our projects and services.
Fulfilled contracts with Devon County Council
Hosted and attended various online meetings including team building sessions and fundraising events.
Promoted our services through social media channels to continue to raise awareness and increase funding.
The demand for the charity has increased overall by 52.9%, this is partly due to the Stronger Together Project which came to an
Financial review
Result for the year
The financial statements show net expenditure of £5589 (2022 net expenditure: £95). Total funds at the year end amount to £258,858 (2022: £264,447) of which £42,373 (2022: £193,595) are restricted.
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Brief summary of the charity's policy on reserves
It is trustees' policy to aim to maintain a level of reserves sufficient to ensure that we can continue to provide our core services for three months.
Further financial review details
This year has been very different as we haven’t been able to generate income in our usual way, a small percentage has been raised by fares paid by beneficiaries, the majority of our income this year has come through grants received from various grant making bodies, County Council, District Council, Town Councils and local parishes. We have been successful in raising a small amount through online fundraising events and donations.
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Mid Devon Mobility
Trustees' report for the year ended 31 March 2023
Structure, governance and management
Type of governing document Constitution
How the charity is constituted Company limited by guarantee
Trustee selection method Elected at AGM
Additional governance issues
The Trustees recognise their ultimate responsibility to ensure adequate internal controls to minimise risk of financial, administrative or operational error. We follow guidance from the Charity Commission and our accountants.
Operationally we have identified clear risk assessment with running transport, in addition to maintaining appropriate insurance cover. We work closely with Devon County Council and MIDDAS to ensure driver training is kept up to date. We are members of Community Transport Association, Community Transport Network and Exeter, East and Mid Devon Car Forum which provides information and support.
Statement of trustees’ responsibilities
The trustees (who are also directors of Mid Devon Mobility for the purposes of company law are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees 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 of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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- observe the methods and principles in the Charities SORP (FRS 102)
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make judgements and estimates that are reasonable and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and
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“fully explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will
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“continue in operation.
This report has been prepared taking advantage of the small companies exemption of Section 415A of the Companies Act 2006.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which 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.
This report was approved by the board of Directors and Trustees on.. VD L98 {2a QS and signed on their behalf by:
Mrs R Darlington Chair
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Independent Examiner's report to the trustees on the unaudited financial statements of Mid Devon Mobility
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2023 which are set out on pages 6 to 14
Responsibilities and basis of the report
As the charity trustees 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 Companies 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 examination of your company’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
Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because J] am a member of The Institute of Chartered Accountants in England & Wales which is one of the listed bodies
Ihave completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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
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4, _ 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 concems 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.
Mrs M Hutchings Apsleys Chartered Accountants
21 Bampton Street Tiverton Devon EX16 6AA
Date: Wla\202S
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Mid Devon Mobility
Statement of Financial Activities (Incorporating Income and Expenditure account)
For the year ended 31 March 2023
| Unrestricted | Restricted | 2023 | 2022 | ||
|---|---|---|---|---|---|
| funds | funds | Total | Total | ||
| Notes | £ | £ | £ | £ | |
| Income | |||||
| Individual fares andprivate hire | 62,077 | - | 62,077 | 66,823 | |
| Fundraising | 43,398 | - | 43,398 | 23,853 | |
| Devon CountyCouncil and other contracts | 112,029 | - | 112,029 | 110,247 | |
| Local Authority grants | 59,995 | - | 59,995 | 59,437 | |
| Other grants and donations | 2 | 395,170 | 4,368 | 399,538 | 163,341 |
| Interest receivable | 450 | - | 450 | 63 | |
| Total income | 673,119 | 4,368 | 677,487 | 423,764 | |
| Charitable expenditure | |||||
| Charitable activities | |||||
| - Transport costs | 3 | (201,931) | (171,603) | (373,534) | (313,637) |
| ~ Other costs | 4 | (177,600) | (18,309) | (195,909) | (26,943) |
| Governance costs | 5 | (121,055) | (197) | = (121,252) | (84,074) |
| Profit/(Loss) on disposal offixed assets | 7,619 | - | 7,619 | 795 | |
| Total charitable expenditure | (492,967) | (190,109) | (683,076) | (423,859) | |
| Netincome/(expenditure) for the year | |||||
| before transfers | 180,152 | (185,741) | (5,589) | (95) | |
| Transfersbetweenfunds | (34,519) | 34,519 | - | - | |
| Netmovement in funds | 145,633 | (151,222) | (5,589) | (95) | |
| Total fundsbrought forward | 70,852 | 193,595 | 264,447 | 264,542 | |
| Totalfundscarriedforward | 216,485 | 42,373 | 258,858 | 264,447 |
The notes on pages 8 to 13 form an integral part of these financial statements.
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Mid Devon Mobility
Balance sheet as at 31 March 2023
| as at 31 March 2023 | ||||||
|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||
| Notes | £ | . | £ | £ | £ | |
| Fixed assets | ||||||
| Tangible assets | 8 | 100,607 | 103,061 | |||
| Current assets | ||||||
| Debtors | 9 | 18,385 | 17,227 | |||
| Cash atbank and in hand | 158,434 | 159,542 | ||||
| 176,819 | 176,769 | |||||
| Creditors: amounts falling due within | ||||||
| oneyear | 10 | (18,568) | (15,383) | |||
| Net current assets | 158,251 | 161,386 | ||||
| Net assets | 258,858 | 264,447 | ||||
| Funds | : | |||||
| Unrestricted funds | 216,485 | 70,852 | ||||
| Restricted | 12 | 42,373 | 193,595 | |||
| 258,858 | 264,447 |
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
The financial statements were approved and authorised for issue by the trustees on.mM"R Shuppartt and signed on their behalfby Q5-5-23
Mrs M Sheppard
Vice Chair
Registration number 04738406
The notes on pages 8 to 13 form an integral part of these financial statements.
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Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2023
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Accounting policies —
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(a) General information and basis of preparation
Mid Devon Mobility is a Private Limited Company by guarantee and Charity registered in England within the United Kingdom. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £10 per member of the charity.
The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 (as updated through Update Bulletin 1 published on 2 February 2016), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice as it applies from 1 January 2015.
The charity has applied Update Bulletin 1 as published on 2 February 2016 and does not include a cash flow statement on the grounds that it is applying FRS 102 Section LA
The financial! statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
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(b) Going concern
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Following the global impact of 'COVID-19", at the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continues to adopt the going concern basis of accounting in preparing the financial statements.
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(c) Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
- (d) Income
All income is included in the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. No amounts are included in the financial statements for services donated by volunteers in line with SORP (FRS 102). Specific policies for individual income sources are set out below. All income is accounted for gross except for occasional instances relating to small fundraising events.
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Donations and other forms of voluntary income are credited to income in the year when received unless the subsequent receipt of an amount owed to the charity at the year end is known with certainty. Any restrictions which require income to be spread over more than one accounting period are reflected in the financial statements as deferred income.
Grants receivable for general purposes are included in income in the year identified by the period of the grant. If the grant period includes more than one financial year, the proceeds are apportioned accordingly and deferred amounts are accounted for as creditors. Grants for specific purposes are accounted for as restricted funds until they are fully expended.
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Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2023
(e) Expenditure
All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs in each category include all costs specifically incurred in respect of those activities as well as the attributable proportion of general management and administration expenses.
These expenses are allocated in line with personnel costs incurred in each area of activity. This basis is consistent with the rate used for funding applications.
(f) Tangible fixed assets and depreciation
Until 31 March 2000 all capital expenditure was written off in the year in which it was incurred. No adjustment has been made in the financial statements to recognise these assets in the balance sheet on the grounds that their net book value is not material.
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: ;
Leasehold properties - 20 years straight line Fixtures, fittings and equipment - 25% reducing balance Motor vehicles - 25% reducing balance Computer equipment - 33% reducing balance
(g) Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.
(b) Cash
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.
(i) Employee benefits
The pension costs charged in the financial statements represent the contribution payable by the charity during the year.
(j) Government grants
Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.
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Mid Devon Mobility
Notes to the financial statements
for the year ended 31 March 2023
| 2. | Other grants and donations | 2023 | 2022 | ||
|---|---|---|---|---|---|
| £ | £ | ||||
| Reaching communities | - | 25,231 | |||
| Pathfinder | 10,000 | - | |||
| DCC grants | 19,193 | 26,199 | |||
| CarGroup | 1,368 | - | |||
| Mobility equipment | 4,507 | - | |||
| DevonCommunityFoundation | 2,864 | - | |||
| Municiple | 1,000 | - | |||
| Coronavirusjob retention scheme grant | - | 2,457 | |||
| Awards for all grant | : | - | 9,906 | ||
| Tiverton town council | 500 | 1,000 | |||
| Bernard Sunley grant | - | 5,000 | |||
| Norman family | - | 2,000 | |||
| Hobson charity | - | 5,000 | |||
| Amold Clark grant | - | 1,000 | |||
| Yeti grant | - | 1,397 | |||
| ClaireMilne | - | 8,157 | |||
| Darlington trust | - | 3,000 | |||
| Lovemytown grant | - | 1,000 | |||
| DCC food grant | - | 7,944 | |||
| BSOG | 1,946 | 1,946 | |||
| Communityrenewal fund | 350,128 | 56,659 | |||
| Other small grants and donations | 8,032 | 5,445 | |||
| 399,538 | 163,341 | ||||
| 3. | Transport costs | 2023 | 2022 | ||
| £ | £ | ||||
| Drivers' wages | 97,079 | 97,862 | |||
| Drivers' training | 21,049 | 10,480 | |||
| Coordination and management salaries | 153,610 | 117,253 | |||
| Drivers expenses reimbursed | 1,322 | 2,065 | |||
| Volunteer training and expenses | 12,169 | 10,309 | |||
| Insurance | 9,246 | 9,552 | |||
| Repairs and servicing | 27,123 | 19,884 | |||
| Diesel | 27,110 | 21,693 | |||
| Depreciation | 24,826 | 24,539 | |||
| 373,534 | 313,637 | ||||
| 4, | Other costs | 2023 | 2022 | ||
| £ | £ | ||||
| Cost ofevents | . | 790 | 1,126 | ||
| Wages | $1,221 | 10,661 | |||
| Shopping delivery | - | 7,254 | |||
| Kitchen expenses | 12,600 | 7,902 | |||
| Projectexpenses | 131,298 | - | |||
| 195,909 | 26,943 |
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Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2023
5. Governance costs
| Governance costs | 2023 | 2022 | |||
|---|---|---|---|---|---|
| £ | £ | ||||
| Salaries | 42,521 | . | 27,668 | ||
| Stafftraining | 1,079 | 1,279 | |||
| Stafftravel and subsistence | 693 | - | |||
| Rent, rates and electric | 10,815 | 2,039 | : | ||
| Cleaning | 947 | 900 | |||
| Stationery and advertising | 29,276 | 2,942 | |||
| Printing and photocopying | 1,475 | 1,911 | |||
| Telephone | 5,478 | 12,315 | |||
| Computer costs | 8,952 | 3,511 | |||
| Legal and professional | 912 | 930 | |||
| Independent examiners’ fee | 3,823 | 4,523 | |||
| General expenses | 3,089 | 3,272 | |||
| Memberships | . | 587 | 464 | ||
| CRFpartnership payments | - | 5,287 | |||
| Bank interest and charges | 993 | 1,102 | |||
| Bad debt | - | 4,289 | |||
| Depreciation | 10,612 | 11,642 | |||
| 121,252 | 84,074 | ||||
| Employees | |||||
| Number ofemployees | |||||
| 2023 | 2022 | ||||
| The averagenumbers ofemployees during theyearwas: | Number | Number | |||
| Drivers | 7 | 9 | |||
| Management and administration | 19 | 12 | |||
| 26 | 21 | ||||
| Employment costs | : | 2023 | 2022 | ||
| £ | £ | ||||
| Wages and salaries | 321,624 | 233,747 | |||
| Social security costs | 18,112 | 15,739 | |||
| Other pension costs | 4,695 | 3,958 | |||
| 344,431 | 253,444 |
6. Employees
No employee received emoluments above £60,000.
- Pension costs .
The company operates a defined contribution pension scheme in respect of the employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £4,695 (2022: £3,958).
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Mid Devon Mobility
Notes to the financial statements
for the year ended 31 March 2023
| 8. | Tangible fixed assets | Short | Fixtures, | Fixtures, | ||||
|---|---|---|---|---|---|---|---|---|
| leasehold | _ fittings | and | Motor | Computer | ||||
| property | equipment | vehicles | equipment | Total | ||||
| £ | £ | £ | £ | £ | ||||
| Cost | ||||||||
| At | April 2022 | 155,242 | 40,040 | 269,029 | 24,168 | |||
| Additions | - | 957 | 26,437 | 6,341 | 33,735 | |||
| Disposals | - | - | (10,000) | - | (10,000) | |||
| At31 March2023 | 155,242 | 40,997 | 285,466 | 30,509 | 512,214 | |||
| Depreciation | ||||||||
| At I April 2022 | 155,242 | 22,070 | 195,413 | 12,693 | 385,418 | |||
| On disposals | - | - | (9,249) | - | (9,249) | |||
| Charge for theyear | - | 4,732 | 24,826 | 5,880 | 35,438 | |||
| At31 March2023 | 155,242 | 26,802 | 210,990 | 18,573 | 411,607 | |||
| Net book values | , | |||||||
| At 31 March 2023 | - | 14,195 | 74,476 | 11,936 | 100,607 | |||
| At 31 March 2022 | - | 17,970 | 73,616 | 11,475 | 103,061 | |||
| 9. | Debtors | |||||||
| . | ||||||||
| 2023 | 2022 | |||||||
| £ | £ | |||||||
| Trade debtors | 18,345 | 12,699 | ||||||
| Other debtors | 40 | 4,528 | ||||||
| Prepayments | i | |||||||
| 18,385 | 17,227 | |||||||
| 10. | Creditors: amounts falling due | |||||||
| within oneyear | 2023 | 2022 | ||||||
| : | £ | £ | ||||||
| Other taxes and social security costs | 14,468 | 9,975 | ||||||
| Other creditors | 1,100 | 2,408 | ||||||
| Accruals and deferred income | 3,000 | 3,000 | ||||||
| 18,568 | 15,383 | |||||||
| 11. | Analysis ofnet assets between funds | ; | ||||||
| Unrestricted | Restricted | Total | ||||||
| funds | funds | funds | ||||||
| £ | £ | £ | ||||||
| Fund balances at31 March 2023 as represented | by: | |||||||
| Tangible fixed assets | 56,193 | 44,414 | 100,607 | |||||
| Current assets | 176,819 | - | 176,819 | |||||
| Current liabilities | (16,527) | (2,041) | (18,568) | |||||
| ; | 216,485 | 42,373 | 258,858 |
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Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2023
12. Restricted funds
----- Start of picture text -----
||||||||||
|---|---|---|---|---|---|---|---|---|
|1|April|31|March|
|2022|Incoming|Outgoing|Transfers|2023|
|.|£|£|£|£|£|
|Ring and ride scheme|44,201|-|(78,720)|34,519|-|
|Community|car scheme|19,212|1,368|(20,580)|-|-|
|Prescription|aids|13,935|-|(13,935)|-|-|
|Minibus|10,495|-|(2,624)|-|7,871|
|Community Hub|25,626|-|(25,626)|-|-|
|Reaching|communities|26,936|-|(26,936)|-|-|
|Reaching|communities|- Minibuses|40,894|-|(10,698)|-|30,196|
|Reaching|communities|- Building|capabilities|9,508|-|(9,508)|-|-|
|Trishaw|2,788|-|(732)|-|2,056|
|Mobility|-|Scooters|3,000|(750)|2,250|
|193,595|4,368|(190,109)|34,519|42,373|
|.|1|April|31|March|
|2021|Incoming|Outgoing|Transfers|2022|
|£|£|£|£|£|
|Ring and ride|scheme|43,500|21,978|(21,277)|-|44,201|
|Shop & Leisure mobility|~|:|2,929|6,112|(10,264)|1,223|-|
|Community|car scheme|21,565|51,356|(53,709)|-|19,212|
|Prescription|aids|13,972|26|(63)|-|13,935|
|Minibus|13,994|-|(3,499)|-|10,495|
|Community Hub|19,579|29,042|(22,995)|-|25,626|
|Reaching|communities|1,705|25,231|-|-|26,936|
|Reaching|communities|- Minibuses|55,160|-|(14,266)|-|40,894|
|Reaching|communities|- Building|capabilities|9,508|-|-|-|9,508|
|Trishaw|3,764|-|(976)|-|2,788|
|.|185,676|133,745|(127,049)|1,223|193,595|
|Purposes|of restricted|funds|
|RingThe Ringand Rideand|Rideservice. schemeAs|of 2021representsfutureoriginal monies moneyreceived receivedare no fromlonger Devon restrictedCountyto Councilthe schemeringfenced but|are|to|fund|the|,|
|for the purpose|of contributing|towards|the|aims|and|objectives|of the|Charity.|
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The Shop & Leisure mobility fund represents money received to fund a days shopping, this was fully expended in 2022.
The Community car scheme represents money received from the Car Forums to fund the Community car scheme The Prescription Aids fund represents original money received to purchase equipment which has been fully expended.
Minibus fund - A grant was received to cover the full cost of purchasing a minibus
The Community hub is designed to be a stepping stone before requiring full time day care. The original grant received for the purpose of this fund has been fully expended.
The Reaching Communities fund represents money received to assist with wages costs up until 2022.
The Reaching Communities - Minibuses fund represents money received to purchase 2 new minibuses.
The Trishaw fund represents money received to purchase a Trishaw bike.
The Mobility - Scooters fund represents money received to purchase 2 mobility scooters.
44
Mid Devon Mobility
Notes to the financial statements
for the year ended 31 March 2023
14. Trustees remuneration and expenses
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During the year one trustee received mileage totalling £2,127 for their roles as Volunteer Community Car Drivers (2022: £1771)
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Related party transactions
There have been no related party transactions in the year.