Charity number: 1099477 Company number: 04738406
Mid Devon Mobility
Trustees' report and financial statements
for the year ended 31 March 2024
Mid Devon Mobility
Contents
| Page | |
|---|---|
| Reference and administrative information | 1 |
| Trustees' report | 2 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 14 |
1
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 2024) | |
| Independent Examiner | Mrs M Hutchings |
| Apsleys Chartered Accountants | |
| 21 Bampton Street | |
| Tiverton | |
| Devon | |
| EX16 6AA | |
| Bankers | National Westminster Bank plc |
| 11 Fore Street | |
| Tiverton | |
| Devon | |
| EX16 6LW |
2
Mid Devon Mobility
Trustees' report for the year ended 31 March 2024
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 2024. 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 been a 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.
3
Mid Devon Mobility
Trustees' report for the year ended 31 March 2024
Achievements and performance
Summary of the main achievements of the charity during the year This year, the charity has achieved a great deal:
Secured Funding: We've ensured the continuity of all core services despite struggling to obtain additional grants for new projects due to last year's unusual partnership grant. Although our 9-month project was a huge success, the shared grant with three other Community Transport Associations inflated our income, making our reserves fall short of most grants' terms and conditions.
Volunteer Recruitment and Retention: We recruited 37 and retained 16 additional volunteers to support our Hot Meal Delivery Service, Community Hub activities, Community Car Service, and office assistance.
North Devon Ring & Ride Service: Since August 2023, we began operating the North Devon Ring & Ride Service following the closure of Go North Devon. This service runs 5 days a week in the Barnstaple area. We have recruited two part-time drivers, and the service is managed from the Tiverton office.
Special Christmas Week: Our Hub Kitchen and Community Hub teamed up to host a Special Christmas Week, serving 4- course meals daily for over 112 people.
Warm Project: Launched by our Community Hub, this project supplies warm boxes containing items like radiator foil, energysaving light bulbs, flasks, blankets, and more to people in need.
Stronger Together Project: We have continued a portion of this project focusing on recruiting and training our staff and volunteers to ensure continuity across Mid Devon Mobility and share our process with other organisations.
Recycle 2 Mobilise Project: This project has seen a 42.1% increase this year. It is currently operating at maximum capacity due to a lack of storage space, and we are sourcing funding to ensure its continuation.
Extended Community Hub Hours: We have extended our Community Hub's opening days and hours in response to increased demand.
Volunteer Recruitment and Retention: We have refocused on our volunteer recruitment and retention processes.
Social Media Profile: We have enhanced our social media presence and created several short videos to promote our projects and services.
Contracts Fulfilled: We have fulfilled contracts with Devon County Council and hosted various online meetings, teambuilding sessions, and fundraising events.
Service Promotion: We have promoted our services through social media channels to raise awareness and increase funding.
Day Trip Club: Our Day Trip Club has been in full swing, often with multiple people waiting in reserve, leading us to run two buses on many occasions to accommodate everyone.
Increased Demand: Overall, the demand for the charity's services has increased by 37.2%.
Financial review
Result for the year
The financial statements show net expenditure of £75,848 (2023 net expenditure: £5,589).
Total funds at the year end amount to £183,010 (2023: £258,858) of which £32,293 (2023: £42,373) are restricted.
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.
4
Mid Devon Mobility
Trustees' report for the year ended 31 March 2024
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:
-
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 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 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……………… and signed on their behalf by:
Mrs R Darlington Chair
5
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 2024 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 I am a member of The Institute of Chartered Accountants in England & Wales which is one of the listed bodies
I have 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:
-
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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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.
Mrs M Hutchings Apsleys Chartered Accountants
21 Bampton Street Tiverton Devon EX16 6AA
Date:
6
Mid Devon Mobility
Statement of Financial Activities (Incorporating Income and Expenditure account)
For the year ended 31 March 2024
| Notes Income Individual fares and private hire Fundraising Devon County Council and other contracts Local Authority grants Other grants and donations 2 Interest receivable Total income Charitable expenditure Charitable activities - Transport costs 3 - Other costs 4 Governance costs 5 Profit/(Loss) on disposal of fixed assets Total charitable expenditure Net income/(expenditure) for the year before transfers Transfers between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted funds £ 90,279 57,852 123,735 65,758 90,684 1,214 429,522 (393,979) (45,257) (56,054) - (495,290) (65,768) - (65,768) 216,485 150,717 |
Restricted funds £ - - - 10,800 23,470 - 34,270 (17,776) (26,187) (387) - (44,350) (10,080) - (10,080) 42,373 32,293 |
2024 Total £ 90,279 57,852 123,735 76,558 114,154 1,214 463,792 (411,755) (71,444) (56,441) - (539,640) (75,848) - (75,848) 258,858 183,010 |
2023 Total £ 62,077 43,398 112,029 59,995 399,538 450 |
|
|---|---|---|---|---|---|
| 677,487 | |||||
| (373,534) (195,909) (121,252) 7,619 |
|||||
| (683,076) | |||||
| (5,589) - |
|||||
| (5,589) 264,447 |
|||||
| 258,858 |
The notes on pages 8 to 13 form an integral part of these financial statements.
7
Mid Devon Mobility
Balance sheet as at 31 March 2024
| Notes Fixed assets Tangible assets 8 Current assets Debtors 9 Cash at bank and in hand Creditors: amounts falling due within one year 10 Net current assets Net assets Funds Unrestricted funds Restricted 12 |
£ £ 117,424 11,923 82,247 94,170 (28,584) 65,586 183,010 150,717 32,293 183,010 2024 |
£ £ 100,607 18,385 158,434 176,819 (18,568) 158,251 258,858 216,485 42,373 258,858 2023 |
£ £ 100,607 18,385 158,434 176,819 (18,568) 158,251 258,858 216,485 42,373 258,858 2023 |
|---|---|---|---|
| 258,858 | |||
| 216,485 42,373 |
|||
| 258,858 |
For the financial year ended 31 March 2024 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……………. and signed on their behalf by
Mrs M Sheppard Vice Chair
Registration number 04738406
The notes on pages 8 to 13 form an integral part of these financial statements.
8
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
1. Accounting policies
(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 1A
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.
(b) Going concern
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.
(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.
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.
9
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
(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.
(h) 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.
10
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
2. Other grants and donations
| Other grants and donations Pathfinder DCC grants Car Group Mobility equipment Devon Community Foundation Municiple Tiverton town council Norman family BSOG Community renewal fund Other small grants and donations National Grid Garfield Western VC Grant David Gibbons Grant Transfer of assets from Go North Devon (Charity no 1191370) |
2024 £ - - - - - - - 2,000 - 9,970 7,214 9,728 25,000 1,572 2,000 56,670 114,154 |
2023 £ 10,000 19,193 1,368 4,507 2,864 1,000 500 - 1,946 350,128 8,032 - - - - - |
|---|---|---|
| 399,538 |
The charity Go North Devon closed 18 August 2023 and upon closure assets were transferred to Mid Devon Mobility to the value of £56,670.
| 3. Transport costs Drivers' wages Drivers' training Coordination and management salaries Drivers expenses reimbursed Volunteer training and expenses Insurance Repairs and servicing Diesel Depreciation |
2024 £ 143,276 - 172,555 1,418 5,055 12,028 18,784 26,048 32,591 411,755 |
2023 £ 97,079 21,049 153,610 1,322 12,169 9,246 27,123 27,110 24,826 |
|---|---|---|
| 373,534 |
| 4. Other costs Cost of events Wages Kitchen expenses Project expenses |
2024 £ 928 55,214 15,302 - 71,444 |
2023 £ 790 51,221 12,600 131,298 |
|---|---|---|
| 195,909 |
11
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
5. Governance costs
| Governance costs Salaries Staff training Staff travel and subsistence Rent, rates and electric Cleaning Stationery and advertising Printing and photocopying Telephone Computer costs Legal and professional Independent examiners' fee General expenses Memberships Bank interest and charges Bad debt - petty cash Depreciation |
2024 £ 18,601 1,613 1,033 3,773 743 1,978 2,286 4,421 3,815 836 4,326 1,210 776 1,780 400 8,850 56,441 |
2023 £ 42,521 1,079 693 10,815 947 29,276 1,475 5,478 8,952 912 3,823 3,089 587 993 - 10,612 |
|---|---|---|
| 121,252 |
6. Employees
Number of employees
| The average numbers of employees during the year was: Drivers Management and administration Employment costs Wages and salaries Social security costs Other pension costs |
2024 Number 14 6 20 2024 £ 357,343 26,028 6,275 389,646 |
2023 Number 7 19 |
|---|---|---|
| 26 | ||
| 2023 £ 321,624 18,112 4,695 |
||
| 344,431 |
No employee received emoluments above £60,000.
7. 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 £6,275 (2023: £4,695).
12
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
| 8. Tangible fixed assets Cost At 1 April 2023 Additions Disposals At 31 March 2024 Depreciation At 1 April 2023 On disposals Charge for the year At 31 March 2024 Net book values At 31 March 2024 At 31 March 2023 9. Debtors Trade debtors Other debtors Prepayments 10. Creditors: amounts falling due within one year Other taxes and social security costs Other creditors Accruals and deferred income 11. Analysis of net assets between funds Fund balances at 31 March 2024 as represented Tangible fixed assets Current assets Current liabilities |
Short leasehold property £ 155,242 - - 155,242 155,242 - - 155,242 - - by: |
Fixtures, fittings and equipment £ 40,997 2,008 (1,157) 41,848 26,802 (1,098) 4,020 29,724 12,124 14,195 |
Motor vehicles £ 285,466 56,250 (33,657) 308,059 210,990 (33,293) 32,591 210,288 97,771 74,476 Unrestricted funds £ 84,114 94,170 (27,567) 150,717 |
Computer equipment £ 30,509 (2,482) 28,027 18,573 (1,784) 3,709 20,498 7,529 11,936 2024 £ 11,883 40 - 11,923 2024 £ 14,374 10,710 3,500 28,584 Restricted funds £ 33,310 - (1,017) 32,293 |
Total £ 512,214 58,258 (37,296) |
|---|---|---|---|---|---|
| 533,176 | |||||
| 411,607 (36,175) 40,320 |
|||||
| 415,752 | |||||
| 117,424 | |||||
| 100,607 | |||||
| 2023 £ 18,345 40 - |
|||||
| 18,385 | |||||
| 2023 £ 14,468 1,100 3,000 |
|||||
| 18,568 | |||||
| Total funds £ 117,424 94,170 (28,584) |
|||||
| 183,010 |
13
Mid Devon Mobility
Notes to the financial statements for the year ended 31 March 2024
12. Restricted funds
| Minibus Reaching communities - Minibuses Trishaw Mobility - Scooters National Grid VIP Grant Francis Windham Community Hub North Devon Council Instow PC David Gibbons VC Grant Brownless Trust Community Fund Grant Ring and ride scheme Community car scheme Prescription aids Minibus Community Hub Reaching communities Reaching communities - Minibuses Reaching communities - Building capabilities Trishaw Mobility - Scooters |
1 April 2023 £ 7,871 30,196 2,056 2,250 - - - - - - - - - - 42,373 1 April 2022 £ 44,201 19,212 13,935 10,495 25,626 26,936 40,894 9,508 2,788 - 193,595 |
Incoming £ - - - - 9,728 200 5,000 500 5,000 100 2,000 1,572 200 9,970 34,270 Incoming £ - 1,368 - - - - - - - 3,000 4,368 |
Outgoing £ (1,968) (8,024) (549) (563) (9,728) (200) (5,000) (500) (5,000) (100) (2,000) (1,572) (200) (8,946) (44,350) Outgoing £ (78,720) (20,580) (13,935) (2,624) (25,626) (26,936) (10,698) (9,508) (732) (750) (190,109) |
Transfers £ - - - - - - - - - - - - - - - Transfers £ 34,519 - - - - - - - - - 34,519 |
31 March 2024 £ 5,903 22,172 1,507 1,687 - - - - - - - - - 1,024 |
|---|---|---|---|---|---|
| 32,293 | |||||
| 31 March 2023 £ - - - 7,871 - - 30,196 - 2,056 2,250 |
|||||
| 42,373 |
Purposes of restricted funds
The Ring and Ride scheme represents original money received from Devon County Council ringfenced to fund the Ring and Ride service. As of 2021 future monies received are no longer restricted to the scheme but are for the purpose of contributing towards the aims and objectives of the Charity.
The Shop & Leisure mobility fund represents money received to fund a days shopping, this was fully expended in 2023.
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 2023.
The Reaching Communities - Minibuses fund represents money received to purchase 2 new minibuses.
The Trishaw fund represents money received to purchase a Trishaw bike.
14
Mid Devon Mobility
Notes to the financial statements
for the year ended 31 March 2024
Purposes of restricted funds continued…
The Mobility - Scooters fund represents money received to purchase 2 mobility scooters.
National Grid fund represents money received to assist with the 'Warm Community Connections' project. VIP Grant represents money received to assist with the community hub.
Francis Windham fund represents money received to assist with the community hub.
The latest Community Hub fund that was set up following an anonymous donation to assist with the community hub. North Devon Council fund represents money received to assist with the Ring and Ride project. Instow PC fund represents money received to assist with the Ring and Ride project.
David Gibbons fund represents money received to assist with the community hub.
VC Grant represents money received to assist with the community car project.
Brownless Trust fund represents money received to assist with the community hub.
Community Fund Grant represents money received to assist with running the kitchen and purchase of a new oven.
14. Trustees remuneration and expenses
During the year one trustee received mileage totalling £2,127 for their roles as Volunteer Community Car Drivers (2023: £1771)
15. Related party transactions
There have been no related party transactions in the year.
The following page does not form part of the statutory accounts