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2022-03-31-accounts

Page
Reference and Administrative Detailsofthe Company,itsTrustees and Advisers
Trustees' Report 2-7
IndependentAuditors'Report ontheFinancial Statements 8 - 11
Consolidated StatementofFinancial Activities 12
Consolidated Balance Sheet 13-14
Company Balance Sheet 15 - 16
Consolidated StatementofCash Flows 17
Notestothe Financial Statements 18 - 42

Restricted Unrestricted Total Total
funds funds funds funds
2022 . 2022 2022 2021
Note £ £ £ £
Incomefrom:
Donations and legades 3 55,500 17,179 72,679 122,078
Charitable activities 4 154,814 19,012 173,826 163,649
Other trading activities 5 755,952 755,952 798,496
Other income 6 19,785 19,785 19,785
Totalincome 210,314 811,928 1,022,242 1,104,008
Expenditure on:
Raising funds 8 5,073 5,073 5,256
Charitable activities 9 219,413 850,193 1,069,606 1,007,572
Total expenditure 219,413 855,266 1,074,679 1,012,828
Net (expenditure)/income (9,099) (43,338) (52,437) 91,180
Transfers between funds 19 29,599 ··(29,599)
Netmovementinfundsbeforeother
recognisedgains 20,500 (72,937) (52,437) 91,180
Otherrecognised gains:
Actuarial gainsondefined benefit
pension schemes 25 88,000 88,000 4,000
Netmovementinfunds 20,500 15,063 35,563 95,180
Reconciliationoffunds:
Total funds brought forward 146,932 92,043 238,975 143,795
Net movementinfunds 20,500 15,063 35,563 95,180
Totalfundscarriedfoiward 167,432 107,106 274,538 238,975

2022 2021
Note £ £
Fixed assets
Tangible assets 14 286,704 304,354
286,704 304,354
Current assets
Debtors 16 104,498 111,502
Cash at bank andinhand 176,614 203,428
281,112 314,930
Creditors: amounts falling due within one
year 17 (65,351) (73,287).
Net current assets 215,761 241,643
Total assets less current liabilities 502,465 545,997
Creditors: amounts falling due after more
than one year 18 (32,927) (51,022)
Net assets excluding pension liability 469,538 494,975
Defined benefit pension scheme liability 25. (195,000) (256,000)
Total net assets 274,538 238,975
Charity funds
Restricted funds 19 167,432 146,932
Unrestricted funds
Unrestricted funds excluding pension asset 19 302,106 348,043
Pension reserve 19 (195,000) (256,000)
Total unrestricted funds 19 107,106 92,043
Total funds 274,538 238,975

2022 2021
Note £ £
Fixed assets
Tangible assets 14 286,704 304,354
Investments 15 1 1
'286,705 304,355
Current assets ,,., ' ~··.-·.
Debtors 16 197,564 2'73,595
Cash at bank andinhand 78,348 36,135
275,912 309,730.
Creditors: amounts falling due within one
year 17 (60,151) (68,087)
Net current assets 215,761 241,643
Total assets less current liabilities 502,466 545,998
Creditors: amounts falling due after more
than one year 18 (32,927) (51,022)
Net assets excluding pension liability 469,539 494,976
Defined benefit pension scheme liability 25 (195,000) (256,000)
Total net assets 274,539 238,976
Charity funds
Restricted funds:
Restricted funds excluding pension asset 19 167,432 146,932
Total restricted funds 19 167,432 146,932
Unrestricted funds
Unrestricted funds excluding pension liability 19 302,107 348,044
Pension reserve 19 (195,000) (256,000)
Total unrestricted funds 19 107,107 92,044
Total funds 274,539 238,976

2022 2021
Note £ £
Cashflowsfromoperatingactivities
Net cash usedinoperating activities 21 38,357 159,407
Cashflowsfrominvestingactivities
. Proceeds from the saleoftangible fixed assets 3,000 11,128
Purchaseoftangible fixed assets (39,555) (55,705)
Net cash used ininvestingactivities (36,555) (44,577)
Cashflowsfromfinancingactivities
Cash inflows from new borrowing 50,000
Repaymentsofborrowing (28,616) (11,231)
Net cash (used in)/providedbyfinancingactivities (28,616) 38,769
Change in cash and cash equivalents intheyear (26,814) 153,599
Cash and cash equivalents at the beginningofthe year 203,428 49,829
Cash and cash equivalentsatthe endoftheyear 22 176,614 203,428

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
£ £ £
Donations 15,500 2,734 18,234
Grants 40,000 14,445 54,445
Total 2022 55,500 17,179 72,679

Restricted Unrestricted Total
funds funds funds
2021 2021 2021
£ £ £
Donations 2,712 2,712
Grants 70,264 49,102 119,366
Total 2021 70,264 51,814 122,078
Income from charitable activities
Restricted Unrestricted Total
funds funds funds
2022 2022 2022
£ £ £
Transport 19,012 19,012
Performance related grants 154,814 154,814
Total 2022 154,814 19,012 173,826
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
£ £ £
Transport 9,465 9,465
Performance related grants 154,184 154,184
Total 2021 154,184 9,465 163,649

Unrestricted Total
funds funds
2022 2022
£ £
Subsidiary company income 755,952 755,952
Unrestricted Total
funds funds
2021 2021
£ £
Subsidiary company income 798,496 798,496
6. Otherincomingresources
Unrestricted Total
funds funds
2022 2022
£ £
Sundry income 19,785 19,785
Unrestricted Total
funds funds
2021 2021
£ £
Sundry income 19,785 19,785

2022 2021
£ £
Waverley_ Borough Council 113,000 115,500
Surrey County Council 46,814 78,948
Haslemere Town Council 5,000 5,000
Farnham Town Council 10,000 10,000
Godalming Town Council 5,000 5,000
Chiddingfold Parish Council 1,200 1,200
Coronavirus job retention scheme 13,145 41,802
194,159 257,450

Unrestricted Total
funds funds
2022 2022
£ £
Subsidiary company expenses 5,073 5,073
Unrestricted Total
funds funds
2021 2021
£ £
Subsidiary company expenses 5,256 5,256

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
£ £ £
Transport services 219,413 850,193 1,069,606
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
£ £ £
Transport services 141,637 865,935 1,007,572
Activities
undertaken Support Total
directly costs funds
·2022 2022 2022
£ £ £
Transport services 744,730 324,876 1,069,606
Activities
undertaken Support Total
directly costs funds
2021 2021 2021
£ £ £
Transport services 732,899 274,673 1,007,572

Total
Transport funds
2022 2022
£ £
Vehicle costs 155,089 . 155,089
Vehicle storage costs 13,300 13,300
Staff costs 520,465 520,465
Training costs 4,005 4,005
Depreciation and (profit)/loss on disposal 51,871 51,871
Total 2022 744,730 744,730
Total
Transport funds
2021 2021
£ £
Vehicle costs 129,664 129,664
Vehicle storage costs 12,342 12,342
Staff costs 536,522 536,522
Depreciation and (profit)/lossondisposal 54,371 54,371
Total 2021 732,899 732,899

Total
Transport funds
2022 2022
£ £
Net finance expenseondefined benefit pension 5,000 5,000
Staff costs 250,134 250,134
Depreciation 3,079 3,079
Establishment costs 9,471 9,471
Staff related costs 3,050 3,050
Telephone 6,842 6,842
Postage & stationery 2,640 2,640
Advertising and marketing 1,771 1,771
IT development and .maintenance 10,797 10,797
Accountancy & bookkeeping 5,680 5,680
Health & safety and professional fees 2,803 2,803
Sundry costs 13,174 13,174
Public relations 5,460 5,460
Governance costs 4,975 4,975
Total2022 324,876 324,876

Total
Transport funds
2021 2021
£ £
Net finance expenseondefined benefit pension 6,000 6,000
Staff costs 197,854 197,854
Depreciation 2,822 2,822
Establishment costs 11,588 11,588
Staff related costs 1,135 1,135
Telephone 6,397 6,397
Postage&stationery 12,185 12,185
Advertising and marketing 1,643 1,643
IT development and maintenance 9,048 9,048
Accountancy&bookkeeping .6,248 6,248
Health&safety and professional fees 2,662 2,662
Sundry costs 6,867 6,867
Public relations 4,769 4,769
Governance costs 5,455 5,455
Total 2021 274,673 274,673
Auditors' remuneration
2022 2021
£ £
Fees payable to the company's auditor for the audit of the company's
annual accounts 4,975 5,455
Fees payable to the company's auditor in respectof:
All non-audit services not included above 3,020 6,248

Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Wages and salaries 651,134 635,505 651,134 635,505
Social security costs 43,455 40,851 43,455 40,851
Pension contributions 12,010 10,020 12,010 10,020
Defined benefit pension adjustment 64,000 48,000 64,000 48,000
770,599 734,376 770,599 734,376
Group Group Company Company
2022 2021 2022 2021
No. No. No. No.
Managementandadministration 2 2 2 2
Despatcherr 3 3 3 3
Drivers 33 34 33 34
38 39 38 39

Long-term
leasehold Plant and
property machinery Total
£ £ £
Costorvaluation
At 1 April2021 153,934 632,243 786,177
Additions 39,555 39,555
Disposals (15,000) (15,000)
At31March 2022 153,934 656,798 810,732
Depreciation
At 1 April2021 52,071 429,752 481,823
Charge for the year 3,079 .,,52,972 56,051
Ondisposals (13,846) (13,846)
At31March 2022 55,150 468,878 524,028
Netbookvalue
At31March 2022 98,784 187,920 286,704
At31March 2021 101,863 202,491 304,354

Long-term
leasehold Plantand
property machinery Total
£ £ £
Costorvaluation
At 1 April2021 153,934 632,243 786,177
Additions 39,555 39,555
Disposals (15,000) (15,000)
At31March 2022 153,934 656,798 810,732
Depreciation
At 1 April2021 52,071 429,752 481,823
Charge for the year 3,079 52,972 56,051
Ondisposals (13,846) (13,846)
At31March 2022 55,150 468,878 524,028
Netbookvalue
At31March 2022 98,784 187,920 286,704
At31March 2021 101,863 202,491 304,354

Investments
in
subsidiary
companies
company £
Costorvaluation
At 1 April 2021 1
At31March 2022 1
Netbookvalue
At31March 2022 1
At31 March 2021 1

Name Company Holding Included in Included in
number consolidation
Hoppa Limited 08793063 100% Yes
The financial results of the subsidiary for the year were:
Name Income Expenditure Profit/(Loss) Net assets
£ £ _I_Surplus/ £
(Deficit)for
theyear
£
Hoppa Limited 755,952 (685,430) 70,522 1

Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Due within one year
Trade debtors 79,676 88,752
Amounts owed by group undertakings 172,742 250,845
Other debtors 11,507 9,435 11,507 9,435
Prepayments and accrued income 13,315 13,315 13,315 13,315
104,498 111,502 .197,564 273,595

Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Bank loans 10,423 8,333 10,423 8,333
Trade creditors 8,657 7,556 8,657 7,556
Obligations under finance lease and hire
purchase contracts 9,851 22,462 9,851 22,462
Other creditors 6,247 4,762 6,247 4,762
Accruals and deferred income 30,173 30,174 24,973 24,974
65,351 73,287 60,151 68,087

Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Bank loans 31,667 41,667 31,667 41,667
Net obligations under finance lease and hire
purchase contracts 1,260 9,355 1,260 9,355
32,927 51,022 32,927 51,022
Group Group Company Company
2022 2021 2022' 2021
£ £ £ £
Between one andtwoyears
Bank loans 10,000 ' 10,000 10,000 10,000
Betweentwoandfiveyears
Bank loans 21,667 31,667 21,667 31,667

Balanceat
Balance at 1 Transfers Gains/ 31March
April2021 Income Expenditure in/out (Losses) · 2022
£ £ £ £ £ £
Unrestricted
funds
General Funds 348,043 811,928 (828,266) (29,599) 302,106
Pension reserve (256,000) (27,000) 88,000 (195,000)
92,043 811,928 (855,266) (29,599) 88,000 107,106
Restricted
funds
Property Grant 146,932 146,932
Capital Grants 15,500 15,500
Hospital Hoppa 20,000 (26,915) 6,915
Demand
Responsive 169,814 (192,498) 22,684
Apprentice Fund 5,000 5,000
146,932 210,314 (219,413) 29,599 167,432
Totaloffunds 238,975 1,022,242 (1,074,679) 88,000 274,538

Balance at
Balance at Transfers 31March
1April2020 Income Expenditure in/out 2021
£ £ £ £ £
Unrestricted funds
General Funds 242,863 879,560 (857, 191) 82,811 348,043
Pension reserve (246,000) (14,000) 4,000 (256,000)
(3,137) 879,560 (871, 191) 86,811 92,043
Restricted funds
Property Grant 146,932 146,932
Capital Grants 27,764 (27,764)
Hospital Hoppa 25,000 (22,873) (2,127)
Demand Responsive 171,684 (118,764) (52,920)
146,932 224,448 (141,637) (82,811) 146,932
Total of funds 143,795 1,104,008 (1,012,828) 4,000 238,975

Analysis of net assets between funds - current year
Restricted Unrestricted Total
funds funds funds
2022 2022 2022
£ £ £
Tangible fixed assets · 146,932 139,772 286,704
Current assets 20,500 260,612 281,112
Creditors due within one year (65,351) (65,351)
Creditors dueinmore than one year (32,927) (32,927)
Provisions for liabilities and charges (195,000) (195,000)
Total 167,432 107, 106 274,538

Restricted Unrestricted Total
funds funds funds
2021 2021 2021
£ £ £
Tangible fixed assets 146,932 157,422 304,354
Current assets 314,930 314,930
Creditors due within one year (73,287) (73,287)
Creditors dueinmore than one year (51,022) (51,022)
Provisions for liabilities and charges (256,000) (256,000)
146,932 92,043 238,975

Group Group
2022 2021
£ £
Net income/expenditure for the year (as per Statement of Financial
Activities) (52,437) 91, 180
Adjustments for:
Depreciation charges 56,051 60,349
Profitonthe sale of fixed assets (1,846) (3,156)
Decreaseindebtors 7,004 5,586
Increase/( decrease)'increditors 2,585 (8,552)
Non-cash movementonpension liability 27,000 14,000
Net cash provided by operating activities 38,357 159,407

Group Group
2022 2021
£ £
Cashinhand 176,614 203,428
Total cash and cash equivalents 176,614 203,428

Other non-
At1 April cash At31March
2021 Cash flows changes 2022
£ £ £ £
Cash at bank andinhand 203,428 (26,814) 176,614
Debt due within 1 year (8,333) 7,910 (10,000) (10,423)
Debt due after 1 year (41,667) 10,000 (31,667)
Finance leases (31,817) 20,706 (11,111)
121,611 1,802 123,413
Capital-commitments
Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Contracted for but not providedinthese
financial statements
Acquisition of tangible fixed assets 64,455 64,455

At31March At31March
·2022 2021
% %
Discount rate 2.7 1.95
Future salary increases 4.2 3.75
Future pension increases 3.3 2.85
At31March At31 March
2022 2021
Years Years
Mortality rates(inyears)
- for a male aged 65 now 22.1 22.3
- at65for a male aged 45 now 23.1 23.4
- for a female aged 65 now 24.5 24.7
- at 65 for a female aged 45 now 26.2 26.4
The Group's shareofthe assetsinthe scheme was:
At31March At31March
2022 2021
£ £
Equities 932,480 1,076, 160
Corporate bonds 378,820 226,560
Property 116,560 70,800
Cash and other liquid assets 29,140 42,480
Totalfairvalueofassets 1,457,000 1/116,000

The amounts recognisedinthe Consolidated Statement of Financial Activities areasfollows:
2022 2021
£ £
Current service cost 64,000 48,000
Interest income (28,000) (25,000)
Interest cost 33,000 31,000
TotalamountrecognisedintheConsolidatedStatementofFinancial
Activities 69,000 54,000
2022 2021
£ £
Opening defined benefit obligation 1,672,000 1,318,000
Current service cost 64,000 48,000
Interest cost 33,000 31,000
Contributions by scheme participants 10,000 9,000
Actuarial (gains)/losses (92,000) 292,000
Benefits paid (35;000) (26,000)
Closingdefinedbenefitobligation 1,652,000 1,672,000
Movements·inthe fair value of the Group's share of schem e assets wereasfollows:
2022 2021
£ £
Opening fair value of scheme assets 1,416,000 1,072,000
Expected returnonassets 28,000 25,000
Actuarial (losses)/gains (4,000) 296,000
Contributions by employer 42,000 40,000
Contributions by scheme participants 10,000 9,000
Benefits paid (35,000) (26,000)
-Closingfairvalueofschemeassets 1,457,000 1,416,000

2022 2021
£ £
Defined benefit obligation (1,652,000) (1,672,000)
. Scheme assets 1,457,000 1,416,000
Net deficit (195,000) (256,000)


payments under non-cancellable operating lease

sasfollows:
Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Not later than 1 year 12,000 12,000 12,000 12,000
Later than 1 yearandnot later than 5 years 6,000 18,000 6,000 18,000
18,000 30,000 18,000 30,000
Group Group Company Company
2022 2021 2022 2021
£ £ £ £
Operating lease rentals 12,000 11,000 12,000 11,000

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