| Total | Total | ||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Funds | Funds | ||||
| Note | Funds | Funds | 2021 | 2020 | |||
| Income fmm | |||||||
| Donations and legacies |
428,662 | 428,662 | 239,017 | ||||
| Chatitable activities |
500 | 76,903 | 77,403 | 119,683 | |||
| Investments | 20 | 20 | 166 | ||||
| Other | 11,058 | 11,058 | |||||
| Total Income | 440,240 | 76&903 | 517,143 | 358,866 | |||
| Expenditute | on | ||||||
| Raising funds | 35,335 | 35,335 | 43373 | ||||
| Chantable Activities |
221,845 | 54,217 | 276,062 | 382,576 | |||
| Total Expenditure | 257,180 | 54,217 | 311,397 | 425,849 | |||
| Net Movement | in Funds for the year | 183&060 | 22,686 | 205,746 | -66,983 | ||
| Reconciliation | ofFunds | ||||||
| Total funds brought | forward | (18,983) | (18,983) | 48,000 | |||
| Total funds carried forward | 14 | 164,077 | 22,686 | 186,763 | -18,983 |
| Note | 2021 | 2020 | ||||
|---|---|---|---|---|---|---|
| Cash Flows fmm Operating | Activities | |||||
| Net Cash from/(used in) Operating Activities |
16 | 163,001 | 51,381 | |||
| Cash Flows ftom Investing | Activities | |||||
| Interest received | 20 | 166 | ||||
| Net Cash provided by Investing Activities |
20 | 166 | ||||
| Change in cash and cash equivalents | in the year | 163,021 | (51,215) | |||
| Cash and Cash Equivalents | at the | |||||
| Beginning ofthe Year | 49,203 | 100,418 | ||||
| Cash and Cash Equivalents | at the | |||||
| End ofthe Year | 17 | 212224 | 49 242 |
| I | Accounting Policies guarantee |
Accounting Policies guarantee |
|||||
|---|---|---|---|---|---|---|---|
| The | charity is a company limited by and has no shme capitaL In the event oEthe charity being wound up the liability |
in | respect | ||||
| ofthe guarantee is limited to r(1 per member ofthe charity. |
|||||||
| a) | BasisofPreparation | ||||||
| The financial statements have been ptepamd in accordance with Accounting and Repotting by Charities Statement ofRecommended |
|||||||
| Practice applicable to chatities preparing their accounts in accordance with the Financial Repotting Standard applicable |
in the | UK | |||||
| and Republic ofIreland (FRS102)(effective Ijanuary 2015) - ChariYies SORP (FRS 102), the Financial Reporting Standard in the UK and Republic ofIreland (FRS 102)and the Companies Act 2006. |
applicable | ||||||
| The Campaign for Better Tmnsport Charitable Tmst meets the definition ofapublic benefit entity under FRS102.Assets and |
|||||||
| liabilities are initially recognised at historical cost ot transaction value unless otherwise stated in the relevant policy note(s). |
|||||||
| b) | Fixed Assets | ||||||
| Tangible fixed assets cosring $1,000or more are capttalised and recognised when future economic benefits sre probable |
and | the cost | |||||
| ofthe asset can be measured teliably. Depreciation is prosuded on the fosowing basta: Plant gt Machinery —25%. |
|||||||
| c) | Incoming resources | ||||||
| Voluntary income and donations are taken into the accounts when received. The income from funiksising ventures |
is | shown gross, | |||||
| with the associated costs included in fundmising costs. |
|||||||
| d) | Resources expended | ||||||
| All expenses ate accounted for on an accruals basis. Wherever possible costs are allocated directly to the appmpriate |
activity; other | ||||||
| costs common to all activiues atc apportioned between those activities on the basis ofthe proporrion ofstaff time spent duting each |
|||||||
| year in connection with each activity (see Note 6). |
|||||||
| Fundrusing expenthture compnses costs incurred in asldng people and otganisations to donate to the charity's work. |
This | includes | |||||
| the costofadvemsing fot donations and the staging ofspecial funikaising events. |
|||||||
| Expenditure mcurred in connection with the specific objects ofthe chatity is included under the heading Charitable Activities. |
|||||||
| e) | Donated Services | ||||||
| Donated services are recognised as income when the receipt ofeconomic benefit from the use by the charity ofthe item is |
probable | ||||||
| and that economic benefit can be measuted reliably. |
|||||||
| I) | Interest Receivable | ||||||
| Interest on funds held on deposit is mduded when receivable and the amount can be measured reliably. |
|||||||
| g) | Pension costs The charity operates a defined contribution scheme with a charity contribution of8%ofsalary costs. The costofproviding |
pensions | |||||
| for employees is charged to the Statement ofFinanrial Activities in the year in which the contributions ate payablc. |
|||||||
| h) | Value Added Tax (VAT) | ||||||
| VAT is subject to pamal exemption and VAT not recovered by the charity is included in relevant costs in the |
|||||||
| Statement ofFinancial Activities. | |||||||
| i) | Operating Leases |
||||||
| The charity has no current operating leases. |
|||||||
| j) | Funds General funds are unrestricted funds which are available for use at the discretion ofthe trustees m furtherance ofthe |
general | objects | ||||
| ofthe chatity and have uot been designated Eor other purposes. |
|||||||
| Designated funds comprise Funds which have been set aside by the trustees Forpanicular putposes. |
|||||||
| Restricted funds ate funds which are to be used in accordance «4th specific restrictions imposed by donots or which |
have | been raised | |||||
| by the charity for particubr puqioses. The cost ofraising and administering such funds are charged against the specific |
fund. | ||||||
| k) | Taxatiou | ||||||
| The charity is exempt from tax on income and fpins falling within part 10 oEthe Income Tax Act 2007 or section 252 | ofthe | Taxation | |||||
| ofChargeable Gains Act 1992to the extent that these ate applied to its charitable activities. |
|||||||
| I) | Going Concern | ||||||
| The Trustees have teviewed the risks and cettainty of income for the following year and are confident that the |
chatity | will have | |||||
| sufficient income to meet any liabilities and retain the current reserves level. They believe that the charity mill continue |
as a going | ||||||
| concetn. |
| Notes | Notes | to the Finan | cial Statements | for the year | ending 31s | tMarch 20 | |
|---|---|---|---|---|---|---|---|
| 2 | Income from donations | and legacies | Unrestricted | Restricted | Total | ||
| Funds | Funds | 2021 | |||||
| Core grants and donations | |||||||
| Prior Year | Unrestricted | Restricted | Total | ||||
| Funds | Funds | 2020 | |||||
| Core grmts snd donations | |||||||
| 3 | Income fmm charitable | activities | |||||
| Umestricted | Restricted | Total | |||||
| Funds | Funds | 2021 | |||||
| Research and Education | 500 | 76,903 | 77,403 | ||||
| Friar Year | Unrestricted | Restricted | Total | ||||
| Funds | Funds | 2020 | |||||
| Research and Education | 119,683 | ||||||
| 4 | Investment Income |
Unrestricted | Unrestricted | ||||
| Funds | Funds | ||||||
| 2021 | 2020 | ||||||
| Deposit account interest | 20 | ||||||
| Unrestricted | |||||||
| 5 | Costs ofraising funds | Unrestricted | Restricted | Total | Total | ||
| Funds | Funds | 2021 | 2020 | ||||
| Direct staff costs | 23,696 | 23,696 | 21,735 | ||||
| Direct other costs | 7,513 | 7,513 | 1,252 | ||||
| Support costs | |||||||
| 35335 | 35,335 | 43,273 | |||||
| Analysis ofsupport | costs | ||||||
| 2021 | 2020 | ||||||
| Staffcosts | 12,223 | ||||||
| Premises costs | 489 | 1,961 | |||||
| Offrce costs | 3,238 | 5,339 | |||||
| Governance costs |
399 | 763 | |||||
| 6 | Cost ofCharitable | Activities | Activities | ||||
| undertaken | Support | Total | |||||
| directly | Costs | Funds | |||||
| 2021 | 2021 | 2021 | |||||
| A | |||||||
| Research and Education | 221,845 | ||||||
| Activities | |||||||
| undertaken | Support | Total | |||||
| directly | Costs | Funds | |||||
| 2020 | 2020 | 2020 | |||||
| A | |||||||
| Reseatch and Education | 382,576 |
| Analysis of | support costs | ||
|---|---|---|---|
| 2021 | 2020 | ||
| Staffcosts | 41,927 | 89,441 | |
| Premises costs | 5,626 | 14,348 | |
| Office costs | 37v'143 | 39,155 | |
| Governance | costs | 5,586 |
| 2021 | 2020 | ||||||
|---|---|---|---|---|---|---|---|
| A' | |||||||
| Pension costs | 23,446 | 18,407 | |||||
| Fees payable | to the Charity's | independent | exanunet | in tespect of: | |||
| Independent | examination | 2,355 | 2,250 | ||||
| 8 | StaffCosts | 2021 | 2020 | ||||
| Wages and Salaries | 179,326 | 241,619 | |||||
| Social Security Costs | 14,182 | 18,900 | |||||
| Pension Costs | 23,446 | 18,407 |
| 11 | Debtors No |
tes to the Financial Statements for t |
he year ending 31st | March 202 |
|---|---|---|---|---|
| 2021 | 2020 | |||
| Due within one year | ||||
| Tmde debtors | 14,580 | 12,000 | ||
| Other debtors | 582 | |||
| Prepayments &Accrued Income |
807 | 383 | ||
| 15,969 | 12383 | |||
| 12 | Creditors: Amounts | falling due within one year | ||
| 2021 | 2020 | |||
| Other loans | 12,500 | |||
| Trade creihtors | 15,985 | 2,695 | ||
| Other taxation and social security | 8,798 | 10,102 | ||
| Other cteditors | 5,298 | 4,063 | ||
| Accmals | 11,349 | 13,709 | ||
| 13 | Creditors: Amounts | falling due after more than one year | ||
| 2021 | 2020 | |||
| Other loans | 37,500 |
| Statement of | Funds | ||||
|---|---|---|---|---|---|
| Statement of | funds - current year | Balance as at | Balance ss at | ||
| N-Apr-20 | Income | Expenditure | 31-Msr-21 | ||
| Unrestricted | Funds | ||||
| General funds | 164,077 | ||||
| Restricted Funds | |||||
| 22,686 | |||||
| Total ofFunds | |||||
| Statemeat of | funds - prior year | Balance as at | Balance as at | ||
| N-Apot9 | Income | Expenditure | 31-Mar-20 | ||
| Unrestrieted | Funds | ||||
| General funds | ii | 3isa | |||
| Restricted Funds | |||||
| Freight on Rail | 12,252 | ||||
| Total ofFunds |
| Analysis | ofn | et assets between funds - current pe | riod | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| 2021 | 2021 | 2021 | |||
| A' | |||||
| Current | assets | 205,507 | 22,686 | 228,193 | |
| Creditors | due | within one year | (41,430) | (41,430) | |
| Creditot's | due | in more than 1 year | |||
| 164,077 | 22,68G | 186,763 |
| Analysis | ofn | et assets between funds - prior perio | d | ||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| Funds | Funds | Funds | |||
| 2020 | 2020 | 2020 | |||
| Current | assets | 61&86 | 61,586 | ||
| Creditots | due | within one year | (43,069) | (43,0G9) | |
| Creditots | due | in more than 1 year | (37,500) | (37,500) | |
| 18,983 |
| 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| A | |||||||||
| Net income | for the | period (as per | Statement ofFinancial | Activities) | 205,746 | (6G,983) | |||
| Adjustments | for: | ||||||||
| Dividends, interests |
and rents fmm investments | (20) | (166) | ||||||
| decrease)/Decrease | in debtors | (3,58G) | 30,555 | ||||||
| Increase/(Decrease) | in creditors due within One Year | (1,639) | (14,787) | ||||||
| Increase/(Decrease) | in creditors due after more than One Year | (37,500) | |||||||
| Net Cash fmm/used | in Opemting | Activities | |||||||
| 17 | Analysis of | cash and cash equivalents | 2021 | 2020 | |||||
| Cash in hand | 212,224 | 49,203 | |||||||
| Total cash and cash equivalents | 212t2M | ||||||||
| 18 | Analysis of | Net | Debt | ||||||
| Analysis of | Net | Debt - current year | |||||||
| Foundation for |
|||||||||
| Integrated | |||||||||
| Transport | |||||||||
| At | Loan | At | |||||||
| 01-Apr-20 | Cashflows | Movement | 31-Mar-21 | ||||||
| Cash at bank | and | in | hand | 49,203 | 213,021 | (50,000) | 212,224 | ||
| Debt due after 1 | yest | (37,500) | 37,500 | ||||||
| Debt due vdtbin | 1 ymr | (12,500) | 12,500 | ||||||
| 212,224 |
| Analysis ofNet Debt - prior year | Tmollport | |||
|---|---|---|---|---|
| At | Loan | At | ||
| 01-Apr-19 | Cashflovss | Movement | 31-Mai-20 | |
| Cash at bank and in hand | 100,418 | (51,215) | 49,203 | |
| Debt due aftet 1 year | (50,000) | 12,500 | (37,500) | |
| Debt due within 1 year |
(12,500) | (12,500) |