SOUTH SOMERSET COMMUNITY ACCESSIBLE TRANSPORT ACCOUNTS YEAR ENDED 31 MARCH 2024 CONTENTS PAGE Directors. rewjrt 1-3 I￿*￿nden1 exaM￿¢S feport Staterrtht of ffinancd acii¥rties Bal￿¢¢ sheei Nde$ 10 the a¢¢ounts 7-10 Regisleft￿ Chanty number 1101645 PAAX FOOTE ASSOCIATES LIMITED CHARTERED CERTIFIED ACCOUNTANTS 2 BAILEY HILL CASTLE CARY, S(XERSEf, BA7 7AD DIRECTORS, REPORT direckx5 presem their report wth tr* SW¢xy xc(Mffts of ¢xxiwary for tr* prnl UKled 31 2024. CONSTITUTION Scwjth Scxner5et C(xnmunty Acces3b￿ Transp(yt (C4bus) is a c(mF•ny Iimrted by gwwiee arnl a re9tsttre(1 ch¥ity wvemed by its mem<>r￿Um 7nJ Artickn Registered nwnber 4968756. Regislwed chwty n(mber 1101645. PRINCIPAL AcrivrriES AND OWECTIVES pmryal xtivities of the company are to provth ￿e$s￿lI0 ¥MI affudable cse is to assist youw. Ihe agLNJ and fthsthd to prrjnolc crJnmLmity InlerLxts by &YoV￿lryJ its uS￿S wth the oFportunty ts independence and weater irKlus1c￿ throLwJh its fv ot ccffimunty trans DIRECTORS. REPORT ACHIEVEMENTS ANO PERFORMANCE The b￿￿sS ol the compary ts a successful (TrdJnafxJ re¥Kmsive b) dc#y Rty & R#le serv£e. CATBUS (wates five wheekhair xcess** mmibLtses unts Secti￿ 19 pem)its to provh* tsansport Ow membef5hip nwntors c￿ passengers to MS￿ty reco3rw the CATBw&. &>Jrcity Sct41 Car thiwers contmue5 to be ch￿￿￿]r￿J. especi￿lY ￿ d￿n￿d for the Se￿￿e ¢ at its hohcst level sirte its started. V¥È aFpea for new drNers at evuy e￿ent we attend, lo prcfftxe the CATBUS 3rKI 31 OLr t*esentJtK*ts to ow Local T(Y4vn cl￿n￿lS. have PffNKled CV•V 350 me*al appointrnents. oUts￿e (wr rKxmal wrneys. over tt* past f(xw M￿11￿%. Fol￿1[￿j tl* Closu￿ of Transport In we hal lo wr buses arKI we ddithted that The Jockol CILkn have provKleé se¢AJre Fork¥vJ at R*eC￿rIe. for whKh we nK>St gralelul. CATBUS ¢(￿lin￿$ trj be the Fwovthr all(Kdth c(xThnurwty tran¥w)rt ts 5￿Jth East &ynsYSet is an invalu*)* Se￿1￿ to its passeThJers, wt#). vnthout m￿￿￿5*& m¥ry be isolatsd in thEf homes ￿able to ac¢rq. s eSs?ntk315eprt￿. FINANCIAL REVEW The st*nerd ol f•ianod xtsvrt*s baknce we sel out on paps 5 6 of the ¥X0￿lS Tl chanty recorded a S￿￿U$ 01 £7.597 ￿ ￿reSir￿￿ fund5 bul decreased re5trK*ed funds ty £1.323 in the year ended 31 March 2024 Calbus w￿1 ￿llInUe io be proxtsve furKJras¢i9 RESERVES POUCY The have eslatht*d a policy whereby gfftrent ur￿StrICted brKJs shwhJ be ￿¢￿n￿lated twne to enable the conbrwJatKn ot the chty's operatK)n for a of six to elght months to WOVKle for fundiThJ of wtwated wtal exK¢nthtwe rmx COvefeAJ by feststhd luNI& The dw&tcKs note Ihal thE reSer￿S at the 31 Mwch 2024 we m xcord to t1*5 OIRECTORS. REPORT 4WicaNe UK * Rwtkn of Ire4yNJ (FRS 102) elle￿ 1 2015. Trustee fiJ I dJrJ¢YJ INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDttED ACCOUNTS OF SOUTH SOMERSET COMMUNITY ACCESSIBLE TRANSPORT I rewt to the trustees ￿ the accounts ￿ s￿rth Somerset Commurthty AcCessi￿e Trww)rt for the year erKled 31 Mwch 2024, %thich are set ¢Xrt C￿ pw 5 10 01. Respective respon%l)ilities of trustees and examinér The trustees also the directors of the company for the ot compary law) are reswisible for preparation of the accounts The charity's Irustees congder that an audrt is required for this year under section 144{2) of the Charths Aci 2011 (ts 2011 Act) that an irM*puKl&)t exarninatK￿ is r*eded ma￿ng satstied myseff mat the Cr￿nty Is sutyed to audrt undér compary law and Is e1￿ible for irK*pthJcnt emninatson, it is my responsibilty to examine tr* accounts u￿lef sethon 145 of the 2011 Act: to follchy the procLMlures laid dc1￿￿ in the General ￿"rectIonS given by the Charity CommissiC￿ under sedion 145(5)(b) of the 2011 Act. and ￿ale r part)cAl¥ matters have come to my attenb'on. Basis of indèpéndènt èxamin•rfs rèport My examinaiiun vras ￿rrIe0 oui in aLUXU¢in￿ ￿ul glVWI Oy Chwty Commssm￿. An examinaticm indLths a reviLw of the accounts'ng records kept by the charrty and a comparison crf the accounts presented wth those record& It also u)ngderatiM of any ￿Usual rtems (Y dtsclowres m Ihe accwnts. ar#J tr seeking of explwthns frc￿n you as trustees con￿rnirrfj s￿h mattsys. procedures undertaken do not prowde all evidence that would be r￿Uired in an audit arKI. rA>nseq￿ntty. Th) O￿n￿n ￿ gv4en as to whether the accounts present a and fair and the report ￿ Imrted to tIK)se matters set out in tr￿ statement below. Independent exaninerfs statement In CA)nneth.￿ with my examin*ion, no rnattw has to my attw)liM vh¥th gives me reasOr￿b1e Cause to believe thai, in any m*erial resped. Ihe requiremerts 10 keep accounbrvJ reccKds In accordan￿ wth 5386 d the C(Ynpanies Act and to Fyepare accounts whth accord vfith the accounthng record5 •KI to c(xnpty wth the acc(xmtiThJ requirements of the Compantes Ad 20￿ and v4rth ￿ methods arKI prirKiples of ttr St*ement of RecommeThJed Praclice.. Acco￿tIr9 Reportin9 by ch¥rt￿ (appli￿￿￿￿e lo ctsrit* sxeparirg Iheir %COuntS in accordance wth Ihe Finanoal ReportifYJ Starmjard appliable UK and Republic of Ireland (FRS 102)) have not been met. crf to in my op1Th￿. att&rtion slK)uld be dravm in ¢xder to enable a proper urKlerstandiry of the SI￿ Hill FCCA Max Focrte Associates Limrted 2 8al¢y Hill Castle Cary BA7 7AD Daied.. 20 Augusi 2024 SOUTH SOIIERSEf COIAIIUNITY ACCESS18LE TRANWRT STATEMENT OF FINANCIAL ACTMTIES YEAR ENDED 31 MARCH 2024 Note 2024 2024 2024 2023 Tolal FurKI Funds Incom• Dcxwti￿5 arKI grarts Chartsbie 58,287 96.443 509 56,287 96.443 509 54.512 84.343 155.239 155.239 138,855 Expenditure 147.642 1.323 148.965 128,251 Totsl eXp￿dItur• 147.642 1.323 148.965 128,251 in¢(yiieiiéxpendtture) rrfyesenlkng • ￿ moven)¢nt in lund 7.597 (1.323) 6274 10.604 R•corKifjation of lunds Total funds LYDught forthqrd 103.784 51.471 155.255 144.651 111.381 50.148 161.529 1S5.255 SOUTh SOMERSET COIIMUNtTY ACCESSIBLE TRANSPOR T BALAPICE SHEEf AT 31 MARCH 2024 2024 2023 Fixed assets Ta￿ltIe assets 64.304 Curnbrrt assets Debtors Cash ai b•nk *) hand 10 18.705 79.741 3.317 91.130 T(i¢•l ¢urr¢nt •x¢ts 98.446 94.447 Credrtcn frAlirvJ *thin ¢￿e (4,2491 13.496) 94.197 ).951 161,529 155.255 The of Ihe ch••*ty: Resi[￿ted income filnds Unfeslrtled incL¥ne ILffKIs 12 12 50,148 103.784 161,529 15S.2SS Tf¢ dweclors we sthsfie(l lh* ihe c¢ynpany enblled to eXeMPb￿ tr* wovisicrn ol ihe Cc*mpanes Act 20￿ (Ihe Acl) rel*irg lo Tre aL*JIl ot the finwcw 4aterne￿ for tre ye¥ by w*lue c seclion 477, arKI 1hat no member or Mem￿[3 have requested pwsu* to Se¢￿Tr 476 of kl, ThE directors ￿kn(Y￿*(￿• their reSp￿sIbl￿S for ¢(ThP￿.￿ *ith the reqwwrbents of the Act iesoecl io acc(wntsNJ ie¢or(ls Prepar*￿ ol acC(￿nts. The aCC￿nts have been fvxepared In aCc￿d￿e ¥rtlh Ihe &Yov4￿ *wtle lo s￿¢¢1 to the small CUnP￿leS regme. The were apwo%Yd by the tKwrd 20 Auw5t 2024. ON BEHALF OF THE BOARD. Name: 20 Awust 2024 PK)TES TO THE ACCOLmTS The pnnopal xcountry [￿e$ **x)te¢J In tr¢ ol tr* frw•l ¥lalvn•*s ￿ Set b al Basi5 of Siattsntsx ￿ Rétsynmended Pratb¢e applK** k) pcparin9 ily xcounts m the Fwwx¥l Repor￿¥ StsThJorKJ ¢lPk*¥bl¢ in UK ¥KI ReWtI￿ ol keland IFRS 1021 (effethe 1 Januwy 2015)- {Ch￿leS SORP {FRS 10211. tr* Fin￿￿1 ReKffiing St*)Jwd *) UK Repth of Irel¥KI (FRS 1￿.) and Ihe C¢xnp•wies S(xner5et Commww Accesstle Transport meets ￿finrt#)n of a b￿1•7 • urthf FRS 1fy2 Assets and kabiiffjes We iThtsalty reC£•WI￿ at his1c￿l o)sl (K tran%WK￿ ¥*¢ D) Depiecsalx MinitW￿ 10% Str￿ kn rretyK*J The depreGiatKrf) base changed yw *51he resthal values CA vehicles is o)nsthred b te Fix*J •ssets ¢￿in￿ less than £1.(XX) are ry•tali*J. (e lares and m d) Resour(x eywxled ap￿￿￿e to ￿ organi￿c￿ Surwl costs ¥e those costs rtnex1 In Sur¥xy10l exwot on Ihe (*l￿ts ol Ihe ctwfity cx)* we in CLmnccb¢x vthith adMIn￿trOt￿￿ e) strwiure Tr*se are Iwyjs iestsided to a &xArKJSÈ P*$ ieslrthj lunds Minibus F w¥J rwesvts lunds rJsed wj fft re¢¢rveé tr* (wrc*•se and re￿•￿er4 al bAes Emploftès oflhè chanty ¥e emiled to Join a defined purchase. sd￿ne. P••• Y NOTES TO THE ACCCLINTS YEAR ENtED 31 MARCH 2024 2 kYCC* and Grants trcth I Ch•Y) and Pafth cou￿* &42S 11410 10.C(¥J 0￿￿11￿n frcffi S(yncrscI C¢ynmunity FourhJaion Donal￿Tr from St*Jtsme cli￿ Cw Sltr 2023 DOnat￿Tr from Fnents ot Vwnngtty) wal 10.IXKI 10. Ot)n￿lI)n trcTh Cw Caies Dt￿￿1on from The Cwafftve Fund 22.542 19,752 54.512 27,919 31.G40 22.885 27.176 27, F Jirs n￿"mt￿*S1w.p fc( 29.322 4.559 Fucl DW robatts 2.221 Ityi T￿•1 Provi5uI ol transport seNcEs Fuel 12.52G ?1.113 6.015 1.972 50.6WJ 27 377 133 639 12,$26 21.113 6.015 1.9f2 13.940 9.421 Vehth ¥MY w￿re1 1.9n 44 146 23.S32 . Diivois 21.311 133 f mrAoffjf$ Nalionol I￿Ur0￿ct . t￿. 111 2110 2.$23 1523 Triiinin9 165 165 67 ?541 24.$51 Swrt CC61s . f4xe 6 24.729 24.ng T¢l•l ¢xpgNl*n a(tsyli￿ 124.236 24.n9 148,S65 128.251 ALLOCATKIM OF SiPPORTcosfs BY ACTMTY XP4 X173 120 15.2eA 120 12.&19 41 L4• 437 Logal Z4 729 STAFF COSTS 2023 10.417 2.Z21 95a43 10 15 knliew MocoTe . £4.126 (2023 £2.G34} Pffj. tio.?42 41 1x123. f9.1 T IMCOME FOR Th£ YEAR 21P4 1.9n 1.972 cusl 1 Ayil 191,74J 31 2024 196.74J Dcf4cciATIC14 i Apil ￿73 l?T,4 1.972 JI 2024 129.411 NFT Boc￿ VAUE 31 Mw¢h 2024 67.132 Af31 21 S(XITH SOMERSET COMMUNTfY ACCESSBLE TRANSPORT NOTES TO THE ACCOUNTS YEAR ENDED 31 klARCH 2024 10 DEBTORS 2024 2023 Tr&Je deblofs 377 18.328 350 2,967 18.705 3,317 11 CREDrroRS - amounts tslling due within one y￿r 2024 2023 Tr•Je uedrt￿$ TaxaDon socAI secun'ty oitr￿ creditors 2.219 939 1,091 1,922 fA1 933 4,249 3496 12 I￿vEmENTs IN FUNDS UnrestrK*d FurKIS Reskntaed FuThJs Minthis Sofi￿￿ Fund Fur¢1 Totsi FuThts Bala￿ * 1 Aryil 2023 Iruming res￿rceS Ou￿¢)￿9 resources 103.784 155.239 (147.642) 49.278 2,193 155.255 155,239 (148.965) (1.323) Balarmx at 31 Marth 2024 111.381 47.9S5 2.193 161,529 The ￿nIb￿S lund is for donaIN￿5 arKI grants to fvnd the wrdwe aThJ costs ol mmthses. The cost of the Mini￿ has be￿ incl￿ed in tr* ba•)ce theet as a ￿9ible fixed a55eL The b#￿Ce oft the ￿TrIbu$ fund irtludes £47.955 (2023 £49,278) wlmch wdl be written off as deyw'aib¢)n Over usclul lile ol the buxx. 13 ANALYSIS OF NET ASSETS BEfwEEN FUNDS Unrestrrcted Funds Restricled FLmds MmJtNJs Sofhvwe Furnd FurKI To& Funds Tangible fixed assets Cash al bank and in hand Olher current net asseWlliabibtses> 29.381 77.548 14.456 37.951 67,332 79.741 14.466 2.193 Tcrtal 121.385 37.951 2,193 161.529 14 CAprrAL COIAMrrpAEKrs The Charity ordtreo a minibus diifing the yetr. A deF￿￿' of £14,605.75 has been paMI m the year. The Chanty Is cornmited lo a furthef payment of £43,817.25 on delT%ery P•9• 10