2022-03-31-accounts - Rakat Ct Ltd

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Trustees'	annual report (incorporating		the	Directors'	report)
Independent examiner's report to the			trustees
Statement	offinancial activities	(including		income and expenditure		account)
Statement	offinancial position						10
Statement	ofcash flows
Notes to the financial statements							12

			Year	ende	d 31 March	2022
						2022		2021
					Unrestricted	Restricted
					funds	funds	Total funds	Total funds
				Note			8
Income and endowments
Donations and legacies Charitable activities Investment income				5 6 7	24,042 182,398 43	263,818	24,042 446,216 43	96,063 400,608 105
Other income				6	1,336		1,336	790
Total income					207,819	263,818	471,637	497,566
Expenditure
Expenditure on charitable		activities		9,10	(234,340)	(279,825)	(514,165)	(530,586)
Total expenditure					(234,340)	(279,825)	(514,165)	(530,586)
Net expenditure and net		movement	in funds		(26,521)	(16,007)	(42,528)	(33,020)
Reconciliation offunds
Total funds brought	forward				419,046	48,505	467,551	500,571
Total funds carried	forward				392,525	32,498	425&023	467,551

Y	ear ended 31 March 2	022
		2022	2021
Cash flows from operating activities
Net expenditure		(42,528)	(33,020)
Adj usrinents for:
Depreciation oftangible fixed assets		68,174	86,606
Other interest receivable and similar income Gains on disposal oftangible fixed assets Accrued expenses		(43) (1,336) 10,157	(105) (790) 21,766
Changes in:
Trade and other debtors		920	19,144
Trade and other creditors		(11,275)	62,677
Cash generated from operations		24,069	156,278
Interest received		43	105
Net cash from operating activities		24,112	156,383
Cash flows from investing activities
Purchase oftangible assets Proceeds from sale oftangible assets		(31,500) 2,083	1,000
Net cash (used in)/from investing activities		(29,417)	1,000
Net (decrease)/increase in cash and cash Cash and cash equivalents at beginning	equivalents ofyear	(5,305) 386,680	157,383 229,297
Cash aud cash equivalents at end ofyear		381,375	386,680

						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds	2022	Funds	2021
							5		E
	Donations
	General donations					1,383	1,383
	Gift Aid					325	325
	Grants
	Job Retention Scheme				Grant	22,334	22,334	96,063	96,063
						24,042	24,042	96,063	96,063
0.	Charitable		activities
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2022
									g
	Income from the use ofthe buses						178,858	17,387	196,245
	Affiliation		fees driver		training		3,540		3,540
	Hampton		Fund					12,500	12,500
	Richmond		Parish Lands Charity					9,800	9,800
	Staywell	on behalf		of	Royal Borough ofKingston upon
	Thames							32,000	32,000
	Age UK Richmond			Services Ltd on behalf		ofLondon
	Borough	ofRichmond			upon Thames			192,131	192,131
	Dial aRide
							182,398	263,818	446,216
							Unrestricted	Restricted	Total Funds
							Funds	Funds	2021
	Income from the use ofthe buses						134,056	(10,656)	123,400
	Affiliation		fees driver		training		608		608
	Hampton		Fund					12,500	12,500
	Richmond		Parish Lands Charity					15,295	15,295
	Staywell on behalf			of	Royal Borough ofKingston upon
	Thames							32,000	32,000
	Age UK Richmond			Services Ltd on behalf		ofLondon
	Borough ofRichmond				upon Thames			191,424	191,424
	Dial a Ride						25,381		25,381
							160,045	240,563	400,608

12.	Net expenditure	Net expenditure		Year ended 31 March 20	Year ended 31 March 20	Year ended 31 March 20	22
	Net expenditure		is stated	afier charging/(crediting):
							2022	2021
							f
	Depreciation	of	tangible	fixed assets			68&174	86,606
	Gains on disposal oftangible fixed assets						(1836)	(790)
13.	Independent	examination fees
							2022	2021
							8	8
	Fees payable	to	the independent		examiner	for.
	Independent	examination		ofthe	financial	statements	2,000	2,000

Staffcosts
The total staff costs and	employee benefits for the reporting	period are analysed	as follows:
			2022	2021
			8
Wages and salaries			256,737	270,029
Social security costs			14&725	14,637
Employer contributions	to pension plans		19,894	20,819
			291,356	305,485

				Motor vehicles	Equipment	Total
				6
	Cost
	At 1 April 2021			1,246,184	16,018	1,262,202
	Additions			31,500		31,500
	Disposals			(141,707)		(141,707)
	At 31March	2022		1,135,977	16,018	1,151,995
	Depreciation
	At 1 April 2021			1,070,348	16,018	1,086,366
	Charge for the year			68,174		68,174
	Disposals			(140,960)		(140,960)
	At 31March	2022		997,562	16,018	1,013,580
	Carrying amount
	At 31March	2022		138,415		138,415
	At 31 March	2021		175,836		175,836
17.	Debtors
					2022	2021
					8	f
	Trade debtors				13,163	15,099
	Prepayments	and accrued income			32,400	31,668
	Other debtors				10,140	9,856
					55,703	56,623
16.	Creditors: amounts		falling due within one year
					2022	2021
					f
	Trade creditors				6&273	9,361
	Accruals and	deferred income			70,225	60,068
	Social security and other taxes				5,340	4,875
	Grants in advance				66,391	74,436
	Other creditors				2&241	2,848
					150,470	151,588

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		f	f
Tangible fixed assets		105,917	32,498	138,415
Current assets		437,078		437,078
Creditors less than	I year	(150,470)		(150,470)
Net assets		392,525	32,498	425,023
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
			f
Tangible fixed assets		127,331	48,505	175,836
Current assets		443,303		443,303
Creditors less than	I year	(151,588)		(151,588)
Net assets		419,046	48,505	467,551
Analysis ofchanges in net debt
				At
		At I Apr 2021	Cash flows	31Mar 2022
				8
Cash at bank and in	hand	386,680	(5,305)	381&375