North Holdemess Community Transport Ltd North Holderness Community Transport Ltd Report and Financial Statements Year ended 31 October 2021 Charity no: 1105145 Company no: 04925093 Company Limited by Guarantee
North Holdemess Community Transp)rt Ltd Report of the trustees for the year ending 31 st October 2021 The trustees of North Holderness Community Transport Lld present their annual report and accounts for the year ended 31 October 2021 which are also prepared to meet the requirements for a directors, report and accounts for the Companies Act purposes. The financial statements comply with the Charrties Act 2011, the Companies Act 2006, the Memorandum and Articles of Association. Slatemenl of Recommended Practice applicable lo charities preparing their accounts in accordance wrth Financial Reporting Standard for smaller entitiés. Our purposes and activities H.A.R.T. Is a community based transport project providing a range of flexible services. The seNice is aimed at those people who have difficulty in accessing key seNices such as health, education, training and social facilities by reason of rural isolation. age. sickness, disability or poverty or because Ihere is no olh8r public transport service. Review of activiti03 and achievements Thè main areas of charitable activrty are dial-a-ride and demand responsive seNices. the aim is lo encourage the elderly. disabled and young to travel and access key seThic8s, addressing social exclusion in Holderness and across the East Yorkshire Wolds. Our services are.. MEDIBUS a Dial-A-Ride service to hospitals and healthcar8 facilities for rural residents. MIBUS a Dial-A-Ride service for rural residents into market towns. Shopper SeiceS a Dial-A-Ride service for rural residents and in Bridlington town. Community group use provides affordabk8 group travel to voluntary and Gommunity groups. Community bus routes. Day trips lo local attractions. Service¥ operated under COVID-19 pandemic restrictions throughout the Feri¢xl. Face coverings, social dIStand seating at SO% capacity, hand sanrtising and enhanced bus interior cleaning continued. The charity recruited new volunteers to enable the services to continue, some were lemporary to assist with the national COVID-19 vaccine effort. Vaccination ¢entres were not easily accessible al the beginning of the period and wrth grant funding the charity was able to provide transport for the first 6 pnority groups lo appointments. Most of the vaccinalion transport was provided for 1 $1 and 2n0 vaccination appointments from December 2020 through to June 20201.. Continuing less frequently through to the end of October 2021 Throughout the summer of 2021 we began to operate day trips to local garden centres and pla$ of interest. These trips were popular with those who had been shielding through Ihe pandemic. as most were now double vaccinated there was a desire to venture out in a safe way.
North Holdemess Community Transport Ltd Financial review The organisation has a varied in¢ome stream from grants. donations. eamed income and the use of volunteer lime. The charity has a balance of unrestncted reserves for the period of £112,343 general reserve and £348,498 designated minibus replacement fund. Investment powers and policy Investment activities are managed in line with the requirements of the Tnjstee Act 2000. The trustees review the investment options at the end of each financial year. Reserves policy and going concern Reserves are required to bridge the gap between the spending and receiving of income and lo covèr unplanned emergency expenditure. At this time the trustees consider the level of reserves to be sufficient to sustain the charity in the short lem. The Iruslees have considered the reserves policy and going COnrn5 basis of the chariiy and consider that adequate resour$ continue to be available to fund the aclivities. The trustees are of a view that the charity is a going concem. Plans for future periods North Holderness Community Transport aim lo build the seNice provision back to P COVIP-19 levels over the nèxt few years. The fare income is drastically reduced due to social distancing seating requirements and Ihe suspension of some services. The Charity has raised grant funding to plug the 9aps left by the reduced service provision and expect to rely on grant income until the services are rebuilt and COVID social distancing restrictions are lifted. Nationally confidence in travelling on public transport is still well below pre<ovid levels, there is a significant challenge to building up services to more sustainable levels
North Holderness Community Transport Ltd Reference and Administrative Details Charity no.. 1105145 Company no.. 04925093 Registered address.. H.A.R.T. Yard, Cltff Road, Homsea, HU18 1JB Our advisers: Banks.. HSBC, 1 King Street, Bndlington. East Yorkshire, Y015 2DL The Charity Bank Limrted, 194, High Street. Tonbridge, Kent, TN9 18E. Independent Examiner.. 6RJ The Accountancy Shop, F10 The Bloc. 38 Spnngfield Way, Anlaby, HU10 Dirèctors and trustee8 The directors of the chantable ¢ompany (the chanty) are its trustees for the purpose of charity law. Th8 trustees and officers serving during the year and since the year end were as follows'.- Namo Directors rustees Cllr Jane Evison AppointedlResignod Position Chair Trusteel Director David Walker Fred Skinner Alan Beck Nigel Rowe Trusteel DIred0rreasUre Trusteel Director Trusteel Director Trusteel Director David Evison Company secretary Managers and Personnel Caroline Wegrzyn Mike ed Anne Musgreave Kay Kent Business Manager Vehicle administratorlminibus Driver Administrator Administrator Drivers Richard Thompson Janice Thompson Steve Ruddock Derek Parker Mel Hornby Tony Hutty MIDAS Trainerlminibus Driver MIDAS Trainerlminibus Driver Minibus Driver Minibus Driver Minibus Driver Minibus Driver
North Holderness Community Transport Ltd Structure, Governance and management Governing document The organisation is a charity and company limrted by guarantee, Incorporated on 08 O¢tober 2003 and registered as a charity on 27 July 2004. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under ils Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1. The directors, who are also the Charity trustees. are responsible for the overall management and control of the North Holderness Community Transport Ltd Charity and meet 5 times a year The work of implementing most of their policies is carried out by the Business Manager. All trustees give of their time freely and no remuneration or expenses were paid in the year. Appointment of trustees The directors of the company are also charrty Irust8es for th8 purpose of ¢harity law and under the company's articles are known as members of the management Commrttee. Under Ihe requirements of the Memorandum and Articles of Association the members of the management committee are elected to serve for a period of one year which after they must be reelected at the Annual General Meeting. The followng directors retire and offer themselves for re*lection'. Cllr Jane Evison {Chairl Alan Beck Nigel Rowe Fred Skinner David Walker Them nagement committee seeks to ensure that the needs of this group are appropriately reflected throug the diversity of the trustee body Therefore as part of the recruitment of trustees the group promotes the need to acknowledge their experience to assist the charity. In order to promote a broad mix of members the Management Commrttee are requested lo provid8 a list of their skills land update it each year if re-elecledl and in the event of particular skills being lost due to retirements, individuals are approached to offer themselves for election to the Management Committee. Trustee induction and training New trustees are briefed on their legal obligations under charity and company law, the Charity Commission guidance on public benefit, and infom them oflhe contenl ofthe Memorandum and Articles of Association, the committee and decision-making processes, the business plan and recent financial performance of the charity. During the induction they meet other trustees. Trustees are encouraged lo attend appropriate extemal training events where these will facilitate the undertaking of their role. Organisatbon The board of trustees, which musl be a minimum of 3 but shall not te subject to any maximum, are administers the charily. The board nomally meets at least yeady and there are sub-committees covering development and finance. The board shall appoint a Company secretary to administer the day to day activities of the charity.
North Holderness Community Transport Ltd Relatsd parties and co-operation with other organisations None of our trustees receive remuneration or other benefit from their work with the charity. Any ¢onneGtion betsyeen a trustee or senior managers with a contractual relationship with a related party must be disclosed to the full board of trustees. In the current year no such related party transactions were reported. Pay policy for senior staff The directors consider the board of directors. who are the chanty's trustees. and the senior management team comprise the key managemenl personnel of the charrty in charge of directing and controlling, running and operaling the organisation on a day to day basis. All directors give of their lime freely and no director received remuneration in the year. Details of director's expenses and related party transactions are disclosed in note 910 the accounts. Risk management The trustees have a risk management strategy which comprises". An annual review of Ihe principal risks and uncertainties that the charity face. The establishment of policies, systems and procedures to mitigate those nsks identrfied in the annual review. The implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. This work has identified that financial sustainability is the major financial risk for the charity. A key element in the management of financial risk is a regular review of available liquid funds lo settle bills as they fall due, regular liaison with the bank, and a¢tive management of Irade debtors and credit balances to ensure effective Gash flow for the charity. Attention as also been focused on non-financial nsks ansing from fire, health and safety of Staff. volunte rs, and residents and young people aCssIng the centre. These risks are management by ensurin accreditation is up to date. having robust policies and procedures in place, and regular awareness training for staff working In these operational areas.
North Holderness Community Transport Ltd Trustees, responsibilities in relation to the financial ststements The charity trustees {who are also the directors of the charity for the purposes of company lawl are responsible for preparing a trustees, annual report and financial statements in accordan with applicable law and Uniled Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practice). Company law requires the charrty trustees lo prepare financial slalements for each yèar which give a true and fair view of the state of affairs of the charitable company and of the incoming resour$ and application of resources, including the income and expenditure, of the charitable group for that period. In preparing the financial statements. the trustees are required lo".- Select suitable accounting policies and then apply them consistently. Observe the methods and principles in the Charities SORP. 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 explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriale lo presume that the charity will continue in business. The trustèes are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them lo ensure that tlle financial slalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and deteclion of fraud and other irregularities. The Iruslees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial slalements may drffer from legislation in other jurisdictions. Statement to dlscloso for the Independent Examiner In so fal as the trustees are aware al the lime of approving our trustees, annual report'.- There is no relevant information. being information needed by the Independent Examiner in connection with preparing their report. of which the group's Independent Examiner is unaware. The trustees, having made enquiries of fellow directors and the group's Independenl Examiner that they ought to have individually taken, have each taken all steps that helshe is obliged to take as a director in order to make themselves aware of any relevant audit infomiation and to establish that the auditor is aware of that infomation. By order of the board of truste Jane Evison Date.. IL g IL
North Holdemess Communty Transport Ltd Independent Examiner's report to the trustees of North Holderness Community Transport Ltd I report on the accounts of the company for the year ended 31 October 2021, which are set out on pages 10 to 20. Respective responsibilities of trustees and examiner The charity's trustees (who are also the diredors of the company for the purposes ofthe company lawl are responsible for the preparation of the accounts. The chanty's trustees Gonsider that an audit is not required for this year (under section 144 (2) of the Charities Act 2011 (the 2011 Acll) and that an independent examination is needed. Having satisfied myself that the charity is not subpct to audit under Part 16 of the Companies Act 2006 and is eligible for independent examination, it is my responsibility to'.- Examine the accounts under section 145 of the 2011 Act., To follow the procedures laid down in the General Dire¢tion$ given by the Charity commission under section 145{75)(b) of the 2011 Act), and To state whether particular matters have come to my attention. Your attention is to drawn lo the fact that the chanty has prepared th8 accounts (financial statements) in accordance with Accounting and Reporting by Charities." Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 {effective 1 January 2015) - (Charities SORP IFRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and Ihe Companies Act 2006 We understand that this has been done in order for the accounts to provide a Irue and fair view in accord nce with the Generally Accepted Accounting Practice. My exanimation was carried out in ac¢ordan¢e with the General Directions given by the charity Commission. An examination includes a review of the accounting records kept by the chanty and a comparison of the ac¢ounts presented with those records. It also includes Gonsideralion of any unusual items or disclosures in the accounls, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a 'lrue and fair view, and the report is limited to those matters set out in the statements below.
North Holderness Communty Transport Ltd Independent Examiner's statement In Connection with my examination. no matter has lo my attents.on wtu.ch gives me rea50nabl Cause to believe that in any rnalerial re5pecl the requirements'_ lal lo keep ae¢ounting recorfs in accordance with section 386 of the Companies Act 2006. and Ibl lo pare accounts which a¢cord wifh the accounting records arKI compty with the accounting Tequirements ol the Companies Act 2006 arK5 with the methods and prin¢iples of the Statement of Recommended Praciice.. AOUnting and Reporting by Charrties {revised 20151 have nol b80n mel or lo which, in my opinion, attention should be drawn in older to enable a proper understanding of the accounts lo be reached. Nama.. Address. The A¢countan¢y Shop Limited F10The Bloc 38 Springfield Way Anlaby Easl YoTkshir• HU106RJ Oate.. 25ILLs12c 13
North Holdemess Comfflunty Transport Ltd Statement of Financial Activities North Holderness Community Transport Ltd Not•8 Unrnstricted Rostrictsd 2021 2020 Inconw and ondo¥4Thnts fronK Donalbx$ and 2.126 650 2.T76 4.788 Incom& Imm chaitth actrvrtigs Operation of communty transpc¥t Other 245.033 1.317 59.cés 304,118 1.317 323.442 hcome from Investments Total in¢¢n and •ndowmnts 442 £248,918 442 1,C67 £330,245 £59.735 Expendlturè on: Raisin9 hJnds 15 15 433 Chèrrtabk a¢t1vilS Operation ot COMMlty Iranswt 240.389 88.882 329.071 307,750 Total exp•ndlture £88,682 £329.088 £308,183 Not Inconwllexp•nditur•l Recon¢illi*tlon ol funds Total Funds brought forward Transfer betsyeen fund5 8514 -28947 -20,433 452.327 286,331 738,658 716.5 Totsl • ¢arrl•d fOrrd £460.841 £2S7.384 £718,225 £738,658 The statement ol financial xtmtses iludeS all gains aThJ bsses in the yew. Pll irwnirvj fesour¢es and resources expended derive from ¢Mth'nuirvJ acties. io
North Holdemess Community TransK)Ort Ltd Balance Sheet North Holderness Community Transport Ltd as at 318t October 2021 2021 Total 2020 Total Not•8 Unrestrictod Restricted Fixed A6sots Tangible assets Total flxed ass•ts 14 230.559 £230,559 230,559 £230,559 263,331 £263.331 Current *3sets Cash al bank and in hand Deblus Total curr•nt a8$0ts 26.825 487,807 17,844 £gJ5.651 17844 £478,826 42.605 £487,587 £26.825 Llabllltigs creditors amnts fallirrfJ d thin one year 17. 17,985 12.260 Net current aB89ts 15 £460,841 £26,825 £487,666 N £475,327 Total aMgts1o•1 current liabilitie¥ £460.841 £257.384 £718.225 £738,658 Ro8trlct8d fund8 17 257,384 257,384 112.343 348.498 2e8,331 136,601 315,726 £738,658 Unreslrtled fvnd$ general Unreslricled lunds desBnat6 Total f d8 16 16 112.343 348.498 £460,841 £257.384 £718,225 The trustees have prepared their accounts on accordance with section 398 of companies Act 2008 and section 138 or the Charities A¢t 2011. For the financial year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating lo small companies. No members have required the company to obtain an audrt of rts accounts for the year in question in accordance with section 476 of the Companies Acl 2006. The directors acknowledge their responsibility for complying with the qUirementS of the Act with respect to accounting records and forthe preparations of accounts. These accounls have been prepared in accordance wrth Ihe provisions applicable to companies subject to small companies, re ne. Jane Evison Date.. li
North Holdemess Community Transp)rt Ltd Notes to the Accounts 1. Accounting Policies The principal accounting policies adopted, judgements and key sources of estimation UnrtaintY in the preparation of the financial slalements are as follows.. (al Basis of proparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Slalement of Recommended Practice applicable to charrties preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective 1 January 2015) - (Charities SORP IFRS 10211. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2006. Assets and liabilities are initially recognized at historical Cost of transaction value unless otherwise slated in the relevant accounting policy notels). Ib} Preparatlon of the accounts on a going concern basls The Iruslees are of the view that having secured funding for a further twelve months and that, there is sufficient free reserves to accommodate a period whereby other funding can be secured to cover existing staff, proiects and services that on this basis the assessment of the trustees is that the charity is a going GonGem. (cl Income Income is recognised when the organisalion has entitlement to the funds. Grant income. whether 'capital' grants or 'revenue' grants, is recognised when the chanty has entitlement to the funds, any delivery conditions attached to the grants have been met. it is probable that the income will be received and the amounl can be measured reliably and is not deferred. {dl Donated services and facilities Donated professional services and donated facilities are cogniSed as income when the rganisation has control over the item, any condrtions associated with the donated item have been met. the receipt of economic benefit from the use by the organisation of the item is probable and that economic benefrt can be measured reliably In accordance with the Charities SORP {FRS 1021, volunteers, time is nol recognised and refer to the trustees, annual report for more information about Iheir contribution. On receipt, donated professional sefvices and donated facilities are recognised on the basis of the value of the gift to the organisation which is the amount the organisation would have been willing to pay lo obtain services or facilities of equivalent economic benefit on the open market., a corresponding amount is then recognised in expenditure in the Penc of receipt. lel Interest receivable Interest on funds held on deposrt is induded when receivable and the amount can be measured reliably by the organisation., this is nomally upon notrfication of the interest paid or payable by the Bank. (n Fund accounting Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of ihe charity which Ihe trustees have decided at their discretion to set aside to use for a specrfic purpose. Restricted funds are donations which the 12
North Holdemess Community Transport Ltd donor has sFecified are to solely used for particular areas of the organisations work or for specific artistic projects Ing undertaken by the charity. Ig) Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be qUired and the amount of the obligation can be measured reliably. Expenditure is classrfied urKler Ihe following activity headings.. Expendrture on charitable activities undertaken to further the purposes of the charity and their associated support costs. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for vthich the expenditure was inGurre(l. (h) Allocatlon of support costs Support costs are those funclions thal assist the work of the organisatbon but do not directly undertake charitable activities. Support costs include back office Costs, finan, personnel, payroll and governance costs which support Ihe charrties activities. These costs have been allocated betsveen cost of raising funds and expenditure on charitable activities The bases on which support costs have been allocated are set out in note 8. {11 Tangible fixed assets Individual fixed assets costing £200 or more are capitalised at cost. Fixed assels are staled at cost less accumulated depreciation. A full year's depreciation is charged in the year of acquisition. Depreciation is charged on a slraighl line basis over their useful eslimaled life, as follows.. Motor Vehicles Fixtures and fitti ears 3to4 ears til Debtors Trade and other debtors are recognised at the settlemenl amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any Irade discounts due. {kl Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from Ihe date of acquisition or opening of the deposit or similar account. {11 Credltors and provlsions Creditors and provisions are recognised where the orgainsation has a present obligation resulting from a past event thal will probably result in the transfef of funds to a Ihird party and the amount due to settle the obligation can be measured or estimated lIablY. Creditors and provisions are nomially recognised al their settlement amount after allowing for any trade discounts due. 13
North Holderness Community Transport Ltd {m)Financial instruments The organisation only has financial assets and financial liabilrties of a kind that qualify as basi¢ financial Instrumenls. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value wlh the exception of bank loans which are subsequently measur8d at amortised cost using the effective interest melh¢xl. (nl Pensions Existing employees with a personal Fension were offered an employer contribution scheme. New and existing employees who are not part of the employer contribution scheme are automatically enrolled into the work pla pension scheme NEST, which has been set up by the government especially for auto enrolment, unless they have exercised their right to opt out. 2. Legal status of the Organisation The organisation is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 3. Financlal Performance of the charlty The summary financial perfomiance of the charity is.. 2021 2020 Incoming resources 308,653 330.245 Expenditure on chanla>le aclimlies 329,086 308,183 Net incoming rosource8 Total fiJnd$ lyought forward 20.433 738.658 22.062 7165 Total fund• c*rriod forward £ 718,225 £ 738,658 Represented by.. Restricted income funds UnStriCted income funds Unrestricted designated fvnds Totsl 257.384 112.343 348.498 £ 718,225 286.331 136.601 315 726 £ 738,658 14
North Holdemess Communty Transport Ltd 4. Income from donations 2021 2020 Pansh Ccmjncils Pnlele Total incorno from donations 200 2.576 £2,776 3.025 1.763 £4,788 5. Income from Charitable Activities 2021 2020 Grants Fareslcornmunily Conlrxted serKice deli*ry MIDAS Training Other Total income from Charltsble Actlvldes 65.291 67.862 170.915 100,425 29.177 192.413 1.427 948 £324.390 1.317 £305,435 6. Investment Income 2021 2020 HS8C Charity Bank Total Invesknent Incom• 31 411 685 £1,067 All of the charity's investment income of £442 arises from money held in interest bearing deposit accounts. 15
North Holderness Community Transport Ltd 7. Analysis of expenditure 2021 2020 Raising Funds Publicity Total Raising Funds 15 £15 433 £433 Charilabl• actbvltle8 Staff costs Administration Volunteer exrenses TrainirvJ Fuel Maintenance Vehicle insurance EYCT Promsion for depreciation Chanty management Misc Total ¢h•ritsbl• activiti•••xp•ndlturn 174.615 8.925 8,441 740 30,246 29,3S1 14,C63 27,5Tr) 32,772 2,419 160.484 10.986 16.302 809 22,970 27,991 14,117 17,600 32,772 3,719 £329,072 £307,750 8. Analysis of governance and support costs 2021 2020 Audit fees Insurance ceAIs Other ¢osl$ ToL•l• 325 1.530 3C6 £2,161 325 1.840 1.554 £3,719 16
North Holdemess Community Transport Ltd 9. Analysis of staff costs and trustee rnmunèration and expenses 2021 2020 Salaries and pensions Social secunly costs Totals 160.654 13.1 £174,615 150.765 9.719 £160,484 No employees had employee benefrts in excess of £60,000 {2021'. nil). The charity trustees Vre not paid or received any other ben8fits from employment with the Charity in the year12021'. £nil}. No chanty trustee received payment for professional or other services supplied to the chanty120ai.' £nil). 10. Staff numbers The average monthly head count was 11 staff and the average monthly number of full-tim8 equivalent employees (including casual and part-time staffj during the year were as follows.. Management and GoKpmance Support Minibus dri*rs Totsls 11. Related party transactions No trustee or other person related to the charity had any personal interest in any contract or transaction entered Into by the chaAty during the year. 12. Government Grants Income from governme grants comprises perfomiance related grants See note 16 for more infomiation and lo the amount and source of these grants. 13. Corporation taxatlon The charity is exempt from tax on income and gains falling wthin section 505 of the Tax8s Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the exlent that these are applied to its charitable objects. 17
North Holderness Community TransFQrt Ltd 14. Tangible assets Buildings General Equipmont Motor V•hiclo8 Totsl Cofji At 1 N0mber 2020 Additions At 31 Octobèr 2021 154.481 17.979 554,536 726,996 154,481 17,979 $54,536 726,996 Oèprèeiation Al 1 No¥ember 2020 Charge fof year 16.312 833 447.353 31.939 463.665 32.772 Net book valuo It 31 Octobgr 2021 Net book v•luè t 31 Octob•r 2020 £154,481 £834 £7S,244 £230,559 £1S4,481 £1,867 £107.183 £263,331 15. Analysls of net assets bétwèen funds Gèn•ral nd Ihglgnatgd fvnd R•rfcted fvnd Total Tangible fixed assets Bank account ¢Xher nel CUent assestslliabililies Totsl 230.SS9 26.825 230.559 487.668 112.343 348.498 £112.343 £348.498 $7,384 £718,225 16. Analysis of charitable funds Analysis of movements in unrestricted funds Balan bought forward Incoming yeUr¢¢$ R•wurc•• expended Tr•nsler 8alanc• carrled forward Unregtrlcted Fund8 General Funés Designated Funds Total 136,601 315.726 £452,327 248.918 240.404 -32772 32,772 112.343 348.498 £460,841 £248,918 £240,404 18
North Holderness Community Transport Ltd Analysis of ¢haritabl8 funds (continued) Name of unrestricted fund Description, nature and purposes of fund General Fund The free reserves, after allowing for all designated funds To be used at the discretion of the trustees In order to continue to deliver tls overall charrtable objectives. Designated Fund Vehicle replacement fund 17. Analysis of charitable funds Analysis of movements in restricted funds Fvnd bai•n bYou9ht condry R•sourc•• •xp•nd•d Tr•n•t•r Fund b•f•nc• Carrd lomrd Ro8lr C•plt•l V•hi¢lv¥ •rdfixtw¢i •r<l ProFerty 81 CffiRoa&, 108.V 154.481 78,078 154.481 V•hkl8 running costs Donetthvts Offl¢• OFGE nnlng ¢o•t• RHI Gr40t• ER YC V•htl• R•plK•montGr4nt The Srnlms Trusi Avknr#s 4 AN EYCT Vc1r tr&7SfOI 10.Ca) 3.175 6.825 ER YC mS H•rdsthp Granl ER YC Dff PPE Gr8rt ER YC MEOI8US Total 27 9x1 £59,735 27 5LXJ £U.682 86.331 19
North Holderness Community Transport Ltd Analysis of charitable funds Icontlnued Nan of restricted fund Descrlptlon, nature and of the fund Capital PfoFerty- 0e arKI yard at Clrff Roaj Vehtles - nItSeS, Fixture and fftts"ngs- ofte eqLtipment Vehtle running costs Donat$ aThJ grants for the purFose of maintainir¥J vehicles and seM¢es Office running costs Renewabk k1 grant fcK wcxyj Fel1 tder heal genetalion for office. Grants 8relms Trust Awards 4 AJI ounoworks ER YC Hardship grant Edward G)5ling EYCT vaccinne grant Hc Furlough ER YC Bridlinglon DIBus ERYC (Dff PPE Grant) Navrd proiect specific grant fund• Bridlington Dral A RKk SerVe Communty Transpmyt SerVe5 Communty Transr>X Servres Communty Transr£ SeNres Communty TransEKKt Servres Communty TransF*Jt Servtes Staff wages supp)rt BrKllinglon DIBus Semce PPE staff and vdunteefs 20