Sheffeld Dial a Ride Club
Annual Report 2020-21
Performance: the Covid-19 pandemic has affected our whole year's operations. Beginning just before this financial year started when the first lockdown was announced by the Government, we have been unable to operate fully. Our potential passengers are obviously all in the vulnerable category and will have been instructed to shield throughout the period. Our vehicles do not allow sufficient space to socially distance in any event and many of our drivers have had to take extreme precautions for their own safety. Our vehicles have been used for a short time in between lockdown periods to help Sheffield Community Transport's general transport requirements. At the time of writing, the success of the country's vaccine effort is allowing an easing of these restrictions but the benefits of this will be felt largely in the 2021-22 financial year.
Finances: the accounts show a broadly break-even position. Our costs have been much lower as we have not been running as many services as usual (as explained above) and some of our funding has also been lower. The year has been far from typical as a result of the pandemic but we are confident we remain a financially stable organisation with adequate reserves for the foreseeable future to maintain ourselves as a going concern.
Public Benefit: in normal times we remain confident that we demonstrate fully the public benefit expected by the Charity Commission in the way we enable disabled people in Sheffield and their carers to live a fuller and more dignified life than would be possible without our services. Sheffield Dial a Ride's objectives continue to make it possible for many people with disabilities to travel safely and at an affordable cost, thus living more independent and satisfying lives, not restricted to their homes.
Thanks: We are very grateful for the grants we have continued to receive from the Passenger Transport Executive and from the many trusts that support us, without which we would be unable to operate, particularly the significant grant from the Marjorie Coote Old People's Charity which last year was reduced due to their own temporary reduction in income. We also acknowledge with thanks the relationship we enjoy with Sheffield Community Transport and especially the help and advice we have received from Ian Jenkinson and Julie McDonald in the last very difficult year. I greatly appreciate the commitment to SDaR shown by my colleagues and trustees over the year.
Nicholas Hutton MBE,
Chairman
REGISTERED COMPANY NUMBER: 05305639 (England and Wales)
REGISTERED CHARITY NUMBER: 1107489
Strategic Report, Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
The Sheffield Dial-A-Ride Club
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
The Sheffield Dial-A-Ride Club
Contents of the Financial Statements
for the Year Ended 31 March 2021
|
Page |
Strategic Report |
1 to 2 |
Trustees' Report |
3 to 5 |
Independent Examiner's Report |
6 |
Statement of Financial Activities |
7 |
Balance Sheet |
8 to 9 |
Notes to the Financial Statements |
10 to 18 |
Detailed Statement of Financial Activities |
19 |
The Sheffield Dial-A-Ride Club
Strategic Report for the Year Ended 31 March 2021
Thetrustees,whoaredirectorsforthepurposeofcompanylaw,presenttheannualreports together
withthefinancialstatementsofthecharitablecompanyfortheyearended31March2021,which are
alsopreparedtomeettherequirementsforadirectors'reportsandaccountsforCompanies Act
purposes.
PERFORMANCE
TheCovid-19pandemichasaffectedourwholeyear'soperations.Beginningjustbeforethis financial
yearstartedwhenthefirstlockdownwasannouncedbytheGovernment,wehavebeenunable to
operatefully.Ourpotentialpassengersareobviouslyallinthevulnerablecategoryandwillhave been
instructedtoshieldthroughouttheperiod.Ourvehiclesdonotallowsufficientspaceto socially
distanceinanyeventandmanyofourdrivershavehadtotakeextremeprecautionsfortheir own
safety.Ourvehicleshavebeenusedforashorttimeinbetweenlockdownperiodstohelp Sheffield
CommunityTransport'sgeneraltransportrequirements.Atthetimeofwriting,thesuccessof the
country'svaccineeffortisallowinganeasingoftheserestrictionsbutthebenefitsofthiswillbe felt
largely in the 2021-22 financial year.
FINANCIAL REVIEW
Theaccountsshowabroadlybreak-evenposition.Ourcostshavebeenmuchloweraswehave not
beenrunningasmanyservicesasusual(asexplainedabove)andsomeofourfundinghasalso been
lower.Theyearhasbeenfarfromtypicalasaresultofthepandemicbutweareconfidentwe remain
afinanciallystableorganisationwithadequatereservesfortheforeseeablefutureto maintain
ourselves as a going concern.
As at 31 March 2021 reserves were £63,690 (2020 - £62,714).
PUBLIC BENEFIT
Innormaltimesweremainconfidentthatwedemonstratefullythepublicbenefitexpectedby the
CharityCommissioninthewayweenabledisabledpeopleinSheffieldandtheircarerstolivea fuller
andmoredignifiedlifethanwouldbepossiblewithoutourservices.SheffieldDialaRide's objectives
continuetomakeitpossibleformanypeoplewithdisabilitiestotravelsafelyandatanaffordable cost,
thus living more independent and satisfying lives, not restricted to their homes.
Thetrusteesconfirmthattheyhavecompliedwiththerequirementsofsection4oftheCharities Act
2011tohavedueregardtothepublicguidancepublishedbytheCharityCommissionforEngland and
Wales.
Page 1
The Sheffield Dial-A-Ride Club
Strategic Report for the Year Ended 31 March 2021
THANKS
WeareverygratefulforthegrantswehavecontinuedtoreceivefromthePassenger Transport
Executiveandfromthemanytruststhatsupportus,withoutwhichwewouldbeunableto operate,
particularlythesignificantgrantfromtheMarjorieCooteOldPeople'sCharitywhichlastyear was
reducedduetotheirowntemporaryreductioninincome.Wealsoacknowledgewiththanks the
relationshipweenjoywithSheffieldCommunityTransportandespeciallythehelpandadvicewe have
receivedfromIanJenkinsonandJulieMcDonaldinthelastverydifficultyear.Igreatlyappreciate the
commitment to Sheffield Dial-a-Ride shown by my colleagues and trustees over the year.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
......................................................................
Mr N J A Hutton - Trustee
Page 2
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2021.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Thecharityworkshardtoobtaingrantsandfundingtothenbeabletoprovideaspecialist transport
service for the benefit of the elderly and infirm in the Sheffield area.
Thecurrentandfutureobjectivescontinuetomakeitpossibleformanypeoplewithdisabilities to
travelsafelyatanaffordablecost,thuslivingmoreindependentandsatisfyinglives,notrestricted to
their homes. The trustees are appointed to work towards achieving these aims and objectives.
Thetrusteesareresponsibleforthemaintenanceandintegrityofthecorporateand financial
informationincludedonthecharitablecompany'swebsite.LegislationintheUnited Kingdom
governingthepreparationanddisseminationoffinancialstatementsmaydifferfromlegislation in
other jurisdictions.
Use of volunteers
TheSheffieldDial-A-RideClubhaveagroupeveryFridaycalledAdingtonLunchClub. Sheffield
CommunityTransportvolunteertheirdriversandvehicles.TheSheffieldDial-A-RideClubpayfor the
volunteer's expenses and keep all the income generated from the group.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational Structure
Thecharityislimitedbyguaranteeanditsobjects,powerandconstitutionalmattersaresetoutin its
Memorandum and Articles of Association.
Recruitment and appointment of new trustees
Newtrusteesmaybeappointedbyaresolutionoftheexistingtrustees.Trusteesareappointedby the
membersattheAnnualGeneralMeeting.A boardoftrusteesadministersthecharity.Thetrustees who
haveservedduringtheyearandsincetheyearendaresetoutonpage4. Allstaffareseconded from
Sheffield Community Transport.
Key management remuneration
None of the trustees receive remuneration or other benefits from their work with the charity.
Related parties
Marjorie Coote Old People's Charity
Nicholas Hutton Trustee
Sheffield Church Burgess Trust
Nicholas Hutton Trustee
Sheffield Town Trust
Nicholas Hutton Trustee
Page 3
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Objectives and policies
TheCharity'sactivitiesexposeittoanumberoffinancialrisksincludingcreditriskandliquidityrisk. The
useoffinancialderivativesisgovernedbythecharity'spoliciesapprovedbytheboardof trustees,
whichprovidewrittenprinciplesontheuseoffinancialderivativestomanagetheserisks.The charity
does not use derivative financial instruments for speculative purposes.
Credit risk
The Charity's principal financial assets are bank balances, cash and other receivables.
Thecreditriskonliquidfundsandderivativefinancialinstrumentsislimitedbecausethe counterparties
are banks with high credit-ratings assigned by international credit-rating agencies.
The Charity has no significant credit risk.
Liquidity risk
Liquidityriskismanagedbyensuringsufficientfundsareavailableforongoingoperationsand future
vehicle purchases required. There is no debt finance.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05305639 (England and Wales)
Registered Charity number
1107489
Registered office
10 Montgomery Terrace Road
Sheffield
South Yorkshire
S6 3BU
Trustees
Mr R B Barnsley
Mr M W Letcher
Mr N J A Hutton
Mr D L Andrews
Company Secretary
Mr D L Andrews
Independent Examiner
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
Page 4
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
The Co-operative Bank Plc
PO Box 101
1 Balloon Street
Manchester
M60 4EP
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
......................................................................
Mr N J A Hutton - Trustee
Page 5
Independent Examiner's Report to the Trustees of
The Sheffield Dial-A-Ride Club
Independent examiner's report to the trustees of The Sheffield Dial-A-Ride Club ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2021.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw) you
areresponsibleforthepreparationoftheaccountsinaccordancewiththerequirementsof the
Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunder Part
16ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectofmy examination
ofyourcharity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act'). In
carryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommission under
section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattention in
connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexamination to
whichattentionshouldbedrawninthisreportinordertoenableaproperunderstandingof the
accounts to be reached.
Robert Hampstead FCA
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
Date: .............................................
Page 6
The Sheffield Dial-A-Ride Club
Statement of Financial Activities for the Year Ended 31 March 2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
51,133
Charitable activities
5
Donations towards fares
240
Investment income
4
94
Total
51,467
EXPENDITURE ON
Charitable activities
6
50,888
Other
(397)
Total
50,491
NET INCOME/(EXPENDITURE)
976
RECONCILIATION OF FUNDS
Total funds brought forward
62,714
TOTAL FUNDS CARRIED FORWARD
63,690 |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
- |
31/3/21
Total
funds
£
51,133
240
94
51,467
50,888
(397)
50,491
976
62,714
63,690 |
31/3/20
Total
funds
£
51,518
40,833
111
92,462
107,180
(500)
106,680
(14,218)
76,932
62,714 |
|
|
|
|
CONTINUING OPERATIONS
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2021 and 2020 is shown in note 14.
The notes form part of these financial statements
Page 7
The Sheffield Dial-A-Ride Club
Balance Sheet 31 March 2021
|
|
|
|
31/3/21 |
31/3/20 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
FIXED ASSETS |
|
|
|
|
|
Tangible assets |
11 |
11,438 |
- |
11,438 |
26,034 |
CURRENT ASSETS |
|
|
|
|
|
Debtors |
12 |
4,226 |
- |
4,226 |
6,134 |
Cash at bank and in hand |
|
67,249 |
- |
67,249 |
49,383 |
|
|
71,475 |
- |
71,475 |
55,517 |
CREDITORS |
|
|
|
|
|
Amounts falling due within one year |
13 |
(19,223) |
- |
(19,223) |
(18,837) |
NET CURRENT ASSETS |
|
52,252 |
- |
52,252 |
36,680 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
63,690 |
- |
63,690 |
62,714 |
NET ASSETS |
|
63,690 |
- |
63,690 |
62,714 |
FUNDS |
14 |
|
|
|
|
Unrestricted funds |
|
|
|
63,690 |
62,714 |
TOTAL FUNDS |
|
|
|
63,690 |
62,714 |
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompanies Act
2006 for the year ended 31 March 2021.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfor the
year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
The Sheffield Dial-A-Ride Club
Balance Sheet - continued
31 March 2021
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to
charitable companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
Mr N J A Hutton - Trustee
The notes form part of these financial statements
Page 9
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements for the Year Ended 31 March 2021
1. CHARITY STATUS
Thecharityisacharitylimitedbyguaranteeandconsequentlydoesnothaveshare capital.
Eachofthetrusteesisliabletocontributeanamountnotexceeding£10towardstheassets of
the charity in the event of liquidation.
The registered office is:
10 Montgomery Terrace Road
Sheffield
South Yorkshire
S6 3BU
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunder FRS
102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accounting and
ReportingbyCharities:StatementofRecommendedPracticeapplicabletocharities preparing
theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102 'The
FinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
Thepresentationandfunctionalcurrencyisconsideredtobepoundssterlingbecausethisis the
currency in the primary economic environment in which the Charity operates.
Going concern
Thetrusteesconsiderthattherearenomaterialuncertaintiesaboutthecharity'sability to
continueasagoingconcernnoranysignificantareasofuncertaintythataffectthe carrying
value of assets held by the charity.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharitablecompanyhastakenadvantageofthefollowingdisclosureexemptions in
preparingthesefinancialstatements,aspermittedbyFRS102'TheFinancialReporting Standard
applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Income
Income and endowments
Voluntaryincomeincludingdonationsandgrantsthatprovidecorefundingorareofa general
naturearerecognisedwherethereisentitlement,certaintyofreceiptandtheamountcan be
measured with sufficient reliability.
Gifts in kind
Giftsinkind,includingdonatedgoodsarerecognisedwherethereisentitlement,certainty of
receipts and the amount can be measured with sufficient reliability.
Page 10
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. ACCOUNTING POLICIES - continued
Income
Investment income
Investment income is recognised on a receivable basis.
Charitable activities
Incomefromcharitableactivitiesincludesincomerecognisedasearned(astherelated goods
or services are provided) under contract.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomic benefits
willberequiredinsettlementandtheamountoftheobligationcanbemeasured reliably.
Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributed to
particularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
All resources expended are inclusive of irrecoverable VAT.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Motor vehicles- 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthe discretion
of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the
financial statements.
Grants
Grantsarerecognisedbasedontheaccrualmodelandaremeasuredatthefairvalueof the
assetreceivedorreceivable.Grantsareclassifiedasrelatingeithertorevenueorto assets.
Grantsrelatingtorevenuearerecognisedinincomeovertheperiodinwhichtherelated costs
arerecognised.Grantsrelatingtoassetsarerecognisedovertheexpectedusefullifeof the
asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Page 11
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. ACCOUNTING POLICIES - continued
Irrecoverable VAT
IrrecoverableVATischargedagainstthecategoryofresourcesexpendedforwhichit was
incurred.
Financial Instruments
Financialassetsandfinancialliabilitiesarerecognisedwhenthecharitybecomesapartyto the
contractual provisions of the instrument.
Financialliabilitiesandequityinstrumentsareclassifiedaccordingtothesubstanceof the
contractualarrangementsenteredinto.Anequityinstrumentisanycontractthatevidences a
residual interest in the assets of the charity after deducting all of its liabilities.
3. DONATIONS AND LEGACIES
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
|
2021 |
2020 |
|
£ |
£ |
Marjorie Coote Old People's Charity |
5,000 |
10,000 |
Sheffield Town Trust |
1,600 |
1,600 |
Sheffield Church Burgesses Trust |
3,000 |
3,625 |
Harry Bottom Trust |
- |
1,000 |
j G Graves Trust |
1,000 |
1,000 |
Sir John Osborn Trust |
500 |
- |
Freshgate Trust |
- |
2,000 |
HM Burdall Charity |
1,000 |
2,000 |
|
|
|
|
12,100 |
21,225 |
|
|
|
Grants received, included in the above, are as follows:
31/3/21
31/3/20
£
£
South Yorkshire Passenger Transport Executive
39,033
30,293 |
|
|
Page 12
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Donations towards fares
6.
CHARITABLE ACTIVITIES
Other trading activities
Sundries
Insurance
Agency staff
Agency staff expenses
Motor repairs
Petrol or diesel
Motor insurance
Governance costs
Legal and professional fees
Donations
Depreciation |
31/3/21
£
94
31/3/21
Donations
towards
fares
£
240
31/3/21
£
80
719
19,455
4
6,176
336
4,447
1,375
3,700
-
14,596
50,888 |
31/3/20
£
111
31/3/20
Total
activities
£
40,833
31/3/20
£
98
696
47,735
294
9,808
12,646
5,161
1,375
9,570
200
19,597
107,180 |
|
|
|
Governance costs relating to the independent examination fee total £1,375 (2020 £1,375).
Page 13
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
31/3/21 |
31/3/20 |
|
£ |
£ |
Depreciation - owned assets |
14,596 |
19,597 |
Surplus on disposal of fixed assets |
- |
(500) |
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for
the year ended 31 March 2020.
Trustees' expenses
Therewerenotrustees'expensespaidforintheyearended31March2021norforthe year
ended 31 March 2020.
9. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
31/3/21 |
31/3/20 |
Seconded staff members |
2 |
3 |
No employees received emoluments in excess of £60,000.
Anaverageof2membersofstaffweresecondedfromSheffieldCommunityTransport during
theyear(2020-3).Thelevelofbusinessandtransportactivitywouldmakeitimpractical to
employ full time equivalents. Volunteer expenses total £nil (2020 - £257).
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
51,518
Charitable activities
Donations towards fares
40,833
Investment income
111
Total
92,462 |
Restricted
fund
£
-
-
-
- |
Total
funds
£
51,518
40,833
111 |
|
|
92,462 |
Page 14
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
EXPENDITURE ON
Charitable activities
103,171
Other
(500)
Total
102,671
NET INCOME/(EXPENDITURE)
(10,209)
RECONCILIATION OF FUNDS
Total funds brought forward
72,923
TOTAL FUNDS CARRIED FORWARD
62,714
11.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020 and 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020 |
Restricted
fund
£
4,009
-
4,009
(4,009)
4,009
- |
Total
funds
£
107,180
(500)
106,680
(14,218)
76,932
62,714
Motor
vehicles
£
132,669
106,635
14,596
121,231
11,438
26,034 |
|
|
|
Page 15
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
12. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
31/3/21 |
|
31/3/20 |
|
|
|
|
|
£ |
£ |
|
VAT |
|
|
|
520 |
1,519 |
|
Prepayments |
|
|
|
3,706 |
4,615 |
|
|
|
|
|
4,226 |
6,134 |
13. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
31/3/21 |
|
31/3/20 |
|
|
|
|
|
£ |
£ |
|
Trade creditors |
|
|
|
9,855 |
12,043 |
|
Accrued expenses |
|
|
|
9,368 |
6,794 |
|
|
|
|
|
19,223 |
18,837 |
14. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
|
At |
|
|
At |
1/4/20 |
in funds |
|
31/3/21 |
|
|
|
£ |
|
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
62,714 |
|
|
976 |
63,690 |
|
TOTAL FUNDS |
62,714 |
|
|
976 |
63,690 |
|
Net movement in funds, included in the above are as |
follows: |
|
|
|
|
|
|
Incoming |
|
Resources |
|
Movement |
|
|
resources |
|
expended |
|
in funds |
|
|
|
£ |
|
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
51,467 |
|
(50,491) |
|
976 |
|
TOTAL FUNDS |
51,467 |
|
(50,491) |
|
976 |
Page 16
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
|
|
Net |
|
|
|
movement |
At |
|
At 1/4/19 |
in funds |
31/3/20 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
72,923 |
(10,209) |
62,714 |
Restricted funds |
|
|
|
Restricted funds |
4,009 |
(4,009) |
- |
TOTAL FUNDS |
76,932 |
(14,218) |
62,714 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted funds
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
92,462
(102,671)
(10,209)
-
(4,009)
(4,009)
92,462
(106,680)
(14,218) |
|
|
RestrictedfundsinthepreviousyearrelatetotheMarjorieCooteOldPeoplesCharity donations
receivedpriorto2013(assubsequenttothisdatedonationsfromMCooteareunrestricted). The
restrictionplacedoverthesefundswasthattheymustbeusedforthepurchaseofavehicle. In
apreviousyearavehiclewaspurchasedfor£33,349andcumulativedepreciationof £33,349
(2020-£33,349)hasbeenchargedtorestrictedfundsinrelationtothisvehicle.Thisvehicleis still
in use.
Page 17
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. RELATED PARTY DISCLOSURES
Duringtheyeartheonlyrelatedpartytransactionswerethatof donationstotalling£9,600(2020 -
£15,225)fromMarjorieCooteOldPeople'sCharity,SheffieldChurchBurgessesTrustand Sheffield
TownTrust,whicharecharitiesthatNicholasHuttonistrusteefor.HeisalsoaTrusteefor Sheffield
Dial-A-Ride Club.
Page 18
The Sheffield Dial-A-Ride Club
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
|
31/3/21 |
31/3/20 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
12,100 |
21,225 |
Grants |
39,033 |
30,293 |
|
51,133 |
51,518 |
Investment income |
|
|
Deposit account interest |
94 |
111 |
Charitable activities |
|
|
Donations towards fares |
240 |
40,833 |
Total incoming resources |
51,467 |
92,462 |
EXPENDITURE |
|
|
Other trading activities |
|
|
Sundries |
80 |
98 |
Insurance |
719 |
696 |
Agency staff |
19,455 |
47,735 |
Agency staff expenses |
4 |
294 |
Motor repairs |
6,176 |
9,808 |
Petrol or diesel |
336 |
12,646 |
Motor insurance |
4,447 |
5,161 |
Governance costs |
1,375 |
1,375 |
Legal and professional fees |
3,700 |
9,570 |
Donations |
- |
200 |
Motor vehicle depreciation |
14,596 |
19,597 |
|
50,888 |
107,180 |
Other |
|
|
Profit on sale of tangible fixed assets |
- |
(500) |
Adjustment to cash |
(397) |
- |
|
(397) |
(500) |
Total resources expended |
50,491 |
106,680 |
Net income/(expenditure) |
976 |
(14,218) |
This page does not form part of the statutory financial statements
Page 19
REGISTERED COMPANY NUMBER: 05305639 (England and Wales)
REGISTERED CHARITY NUMBER: 1107489
Strategic Report, Trustees' Report and
Unaudited Financial Statements for the Year Ended 31 March 2021
for
The Sheffield Dial-A-Ride Club
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
The Sheffield Dial-A-Ride Club
Contents of the Financial Statements
for the Year Ended 31 March 2021
|
Page |
Strategic Report |
1 to 2 |
Trustees' Report |
3 to 5 |
Independent Examiner's Report |
6 |
Statement of Financial Activities |
7 |
Balance Sheet |
8 to 9 |
Notes to the Financial Statements |
10 to 18 |
Detailed Statement of Financial Activities |
19 |
The Sheffield Dial-A-Ride Club
Strategic Report for the Year Ended 31 March 2021
Thetrustees,whoaredirectorsforthepurposeofcompanylaw,presenttheannualreports together
withthefinancialstatementsofthecharitablecompanyfortheyearended31March2021,which are
alsopreparedtomeettherequirementsforadirectors'reportsandaccountsforCompanies Act
purposes.
PERFORMANCE
TheCovid-19pandemichasaffectedourwholeyear'soperations.Beginningjustbeforethis financial
yearstartedwhenthefirstlockdownwasannouncedbytheGovernment,wehavebeenunable to
operatefully.Ourpotentialpassengersareobviouslyallinthevulnerablecategoryandwillhave been
instructedtoshieldthroughouttheperiod.Ourvehiclesdonotallowsufficientspaceto socially
distanceinanyeventandmanyofourdrivershavehadtotakeextremeprecautionsfortheir own
safety.Ourvehicleshavebeenusedforashorttimeinbetweenlockdownperiodstohelp Sheffield
CommunityTransport'sgeneraltransportrequirements.Atthetimeofwriting,thesuccessof the
country'svaccineeffortisallowinganeasingoftheserestrictionsbutthebenefitsofthiswillbe felt
largely in the 2021-22 financial year.
FINANCIAL REVIEW
Theaccountsshowabroadlybreak-evenposition.Ourcostshavebeenmuchloweraswehave not
beenrunningasmanyservicesasusual(asexplainedabove)andsomeofourfundinghasalso been
lower.Theyearhasbeenfarfromtypicalasaresultofthepandemicbutweareconfidentwe remain
afinanciallystableorganisationwithadequatereservesfortheforeseeablefutureto maintain
ourselves as a going concern.
As at 31 March 2021 reserves were £63,690 (2020 - £62,714).
PUBLIC BENEFIT
Innormaltimesweremainconfidentthatwedemonstratefullythepublicbenefitexpectedby the
CharityCommissioninthewayweenabledisabledpeopleinSheffieldandtheircarerstolivea fuller
andmoredignifiedlifethanwouldbepossiblewithoutourservices.SheffieldDialaRide's objectives
continuetomakeitpossibleformanypeoplewithdisabilitiestotravelsafelyandatanaffordable cost,
thus living more independent and satisfying lives, not restricted to their homes.
Thetrusteesconfirmthattheyhavecompliedwiththerequirementsofsection4oftheCharities Act
2011tohavedueregardtothepublicguidancepublishedbytheCharityCommissionforEngland and
Wales.
Page 1
The Sheffield Dial-A-Ride Club
Strategic Report for the Year Ended 31 March 2021
THANKS
WeareverygratefulforthegrantswehavecontinuedtoreceivefromthePassenger Transport
Executiveandfromthemanytruststhatsupportus,withoutwhichwewouldbeunableto operate,
particularlythesignificantgrantfromtheMarjorieCooteOldPeople'sCharitywhichlastyear was
reducedduetotheirowntemporaryreductioninincome.Wealsoacknowledgewiththanks the
relationshipweenjoywithSheffieldCommunityTransportandespeciallythehelpandadvicewe have
receivedfromIanJenkinsonandJulieMcDonaldinthelastverydifficultyear.Igreatlyappreciate the
commitment to Sheffield Dial-a-Ride shown by my colleagues and trustees over the year.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
......................................................................
Mr N J A Hutton - Trustee
Page 2
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2021.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
Thecharityworkshardtoobtaingrantsandfundingtothenbeabletoprovideaspecialist transport
service for the benefit of the elderly and infirm in the Sheffield area.
Thecurrentandfutureobjectivescontinuetomakeitpossibleformanypeoplewithdisabilities to
travelsafelyatanaffordablecost,thuslivingmoreindependentandsatisfyinglives,notrestricted to
their homes. The trustees are appointed to work towards achieving these aims and objectives.
Thetrusteesareresponsibleforthemaintenanceandintegrityofthecorporateand financial
informationincludedonthecharitablecompany'swebsite.LegislationintheUnited Kingdom
governingthepreparationanddisseminationoffinancialstatementsmaydifferfromlegislation in
other jurisdictions.
Use of volunteers
TheSheffieldDial-A-RideClubhaveagroupeveryFridaycalledAdingtonLunchClub. Sheffield
CommunityTransportvolunteertheirdriversandvehicles.TheSheffieldDial-A-RideClubpayfor the
volunteer's expenses and keep all the income generated from the group.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational Structure
Thecharityislimitedbyguaranteeanditsobjects,powerandconstitutionalmattersaresetoutin its
Memorandum and Articles of Association.
Recruitment and appointment of new trustees
Newtrusteesmaybeappointedbyaresolutionoftheexistingtrustees.Trusteesareappointedby the
membersattheAnnualGeneralMeeting.A boardoftrusteesadministersthecharity.Thetrustees who
haveservedduringtheyearandsincetheyearendaresetoutonpage4. Allstaffareseconded from
Sheffield Community Transport.
Key management remuneration
None of the trustees receive remuneration or other benefits from their work with the charity.
Related parties
Marjorie Coote Old People's Charity
Nicholas Hutton Trustee
Sheffield Church Burgess Trust
Nicholas Hutton Trustee
Sheffield Town Trust
Nicholas Hutton Trustee
Page 3
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
STRUCTURE, GOVERNANCE AND MANAGEMENT
Objectives and policies
TheCharity'sactivitiesexposeittoanumberoffinancialrisksincludingcreditriskandliquidityrisk. The
useoffinancialderivativesisgovernedbythecharity'spoliciesapprovedbytheboardof trustees,
whichprovidewrittenprinciplesontheuseoffinancialderivativestomanagetheserisks.The charity
does not use derivative financial instruments for speculative purposes.
Credit risk
The Charity's principal financial assets are bank balances, cash and other receivables.
Thecreditriskonliquidfundsandderivativefinancialinstrumentsislimitedbecausethe counterparties
are banks with high credit-ratings assigned by international credit-rating agencies.
The Charity has no significant credit risk.
Liquidity risk
Liquidityriskismanagedbyensuringsufficientfundsareavailableforongoingoperationsand future
vehicle purchases required. There is no debt finance.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05305639 (England and Wales)
Registered Charity number
1107489
Registered office
10 Montgomery Terrace Road
Sheffield
South Yorkshire
S6 3BU
Trustees
Mr R B Barnsley
Mr M W Letcher
Mr N J A Hutton
Mr D L Andrews
Company Secretary
Mr D L Andrews
Independent Examiner
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
Page 4
The Sheffield Dial-A-Ride Club
Trustees' Report for the Year Ended 31 March 2021
REFERENCE AND ADMINISTRATIVE DETAILS
Bankers
The Co-operative Bank Plc
PO Box 101
1 Balloon Street
Manchester
M60 4EP
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
......................................................................
Mr N J A Hutton - Trustee
Page 5
Independent Examiner's Report to the Trustees of
The Sheffield Dial-A-Ride Club
Independent examiner's report to the trustees of The Sheffield Dial-A-Ride Club ('the Company')
IreporttothecharitytrusteesonmyexaminationoftheaccountsoftheCompanyfortheyear ended
31 March 2021.
Responsibilities and basis of report
Asthecharity'strusteesoftheCompany(andalsoitsdirectorsforthepurposesofcompanylaw) you
areresponsibleforthepreparationoftheaccountsinaccordancewiththerequirementsof the
Companies Act 2006 ('the 2006 Act').
HavingsatisfiedmyselfthattheaccountsoftheCompanyarenotrequiredtobeauditedunder Part
16ofthe2006Actandareeligibleforindependentexamination,Ireportinrespectofmy examination
ofyourcharity'saccountsascarriedoutundersection145oftheCharitiesAct2011('the2011Act'). In
carryingoutmyexaminationIhavefollowedtheDirectionsgivenbytheCharityCommission under
section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Ihavecompletedmyexamination.Iconfirmthatnomattershavecometomyattention in
connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
Ihavenoconcernsandhavecomeacrossnoothermattersinconnectionwiththeexamination to
whichattentionshouldbedrawninthisreportinordertoenableaproperunderstandingof the
accounts to be reached.
Robert Hampstead FCA
Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR
Date: .............................................
Page 6
The Sheffield Dial-A-Ride Club
Statement of Financial Activities for the Year Ended 31 March 2021
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
51,133
Charitable activities
5
Donations towards fares
240
Investment income
4
94
Total
51,467
EXPENDITURE ON
Charitable activities
6
50,888
Other
(397)
Total
50,491
NET INCOME/(EXPENDITURE)
976
RECONCILIATION OF FUNDS
Total funds brought forward
62,714
TOTAL FUNDS CARRIED FORWARD
63,690 |
Restricted
fund
£
-
-
-
-
-
-
-
-
-
- |
31/3/21
Total
funds
£
51,133
240
94
51,467
50,888
(397)
50,491
976
62,714
63,690 |
31/3/20
Total
funds
£
51,518
40,833
111
92,462
107,180
(500)
106,680
(14,218)
76,932
62,714 |
|
|
|
|
CONTINUING OPERATIONS
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2021 and 2020 is shown in note 14.
The notes form part of these financial statements
Page 7
The Sheffield Dial-A-Ride Club
Balance Sheet 31 March 2021
|
|
|
|
31/3/21 |
31/3/20 |
|
|
Unrestricted |
Restricted |
Total |
Total |
|
|
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
FIXED ASSETS |
|
|
|
|
|
Tangible assets |
11 |
11,438 |
- |
11,438 |
26,034 |
CURRENT ASSETS |
|
|
|
|
|
Debtors |
12 |
4,226 |
- |
4,226 |
6,134 |
Cash at bank and in hand |
|
67,249 |
- |
67,249 |
49,383 |
|
|
71,475 |
- |
71,475 |
55,517 |
CREDITORS |
|
|
|
|
|
Amounts falling due within one year |
13 |
(19,223) |
- |
(19,223) |
(18,837) |
NET CURRENT ASSETS |
|
52,252 |
- |
52,252 |
36,680 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
63,690 |
- |
63,690 |
62,714 |
NET ASSETS |
|
63,690 |
- |
63,690 |
62,714 |
FUNDS |
14 |
|
|
|
|
Unrestricted funds |
|
|
|
63,690 |
62,714 |
TOTAL FUNDS |
|
|
|
63,690 |
62,714 |
ThecharitablecompanyisentitledtoexemptionfromauditunderSection477oftheCompanies Act
2006 for the year ended 31 March 2021.
Themembershavenotrequiredthecompanytoobtainanauditofitsfinancialstatementsfor the
year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
Page 8
The Sheffield Dial-A-Ride Club
Balance Sheet - continued
31 March 2021
Thesefinancialstatementshavebeenpreparedinaccordancewiththeprovisionsapplicable to
charitable companies subject to the small companies regime.
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
............................................. and were signed on its behalf by:
.............................................
Mr N J A Hutton - Trustee
The notes form part of these financial statements
Page 9
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements for the Year Ended 31 March 2021
1. CHARITY STATUS
Thecharityisacharitylimitedbyguaranteeandconsequentlydoesnothaveshare capital.
Eachofthetrusteesisliabletocontributeanamountnotexceeding£10towardstheassets of
the charity in the event of liquidation.
The registered office is:
10 Montgomery Terrace Road
Sheffield
South Yorkshire
S6 3BU
2. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunder FRS
102,havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'Accounting and
ReportingbyCharities:StatementofRecommendedPracticeapplicabletocharities preparing
theiraccountsinaccordancewiththeFinancialReportingStandardapplicableintheUK and
RepublicofIreland(FRS102)(effective1January2019)',FinancialReportingStandard102 'The
FinancialReportingStandardapplicableintheUKandRepublicofIreland'andthe Companies
Act 2006. The financial statements have been prepared under the historical cost convention.
Thepresentationandfunctionalcurrencyisconsideredtobepoundssterlingbecausethisis the
currency in the primary economic environment in which the Charity operates.
Going concern
Thetrusteesconsiderthattherearenomaterialuncertaintiesaboutthecharity'sability to
continueasagoingconcernnoranysignificantareasofuncertaintythataffectthe carrying
value of assets held by the charity.
Financial reporting standard 102 - reduced disclosure exemptions
Thecharitablecompanyhastakenadvantageofthefollowingdisclosureexemptions in
preparingthesefinancialstatements,aspermittedbyFRS102'TheFinancialReporting Standard
applicable in the UK and Republic of Ireland':
the requirements of Section 7 Statement of Cash Flows.
Income
Income and endowments
Voluntaryincomeincludingdonationsandgrantsthatprovidecorefundingorareofa general
naturearerecognisedwherethereisentitlement,certaintyofreceiptandtheamountcan be
measured with sufficient reliability.
Gifts in kind
Giftsinkind,includingdonatedgoodsarerecognisedwherethereisentitlement,certainty of
receipts and the amount can be measured with sufficient reliability.
Page 10
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. ACCOUNTING POLICIES - continued
Income
Investment income
Investment income is recognised on a receivable basis.
Charitable activities
Incomefromcharitableactivitiesincludesincomerecognisedasearned(astherelated goods
or services are provided) under contract.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthecharitytothatexpenditure,itisprobablethatatransferofeconomic benefits
willberequiredinsettlementandtheamountoftheobligationcanbemeasured reliably.
Expenditureisaccountedforonanaccrualsbasisandhasbeenclassifiedunderheadings that
aggregateallcostrelatedtothecategory.Wherecostscannotbedirectlyattributed to
particularheadingstheyhavebeenallocatedtoactivitiesonabasisconsistentwiththeuse of
resources.
All resources expended are inclusive of irrecoverable VAT.
Tangible fixed assets
Depreciationisprovidedatthefollowingannualratesinordertowriteoffeachassetover its
estimated useful life.
Motor vehicles- 20% on cost
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbeusedinaccordancewiththecharitableobjectivesatthe discretion
of the trustees.
Restrictedfundscanonlybeusedforparticularrestrictedpurposeswithintheobjectsof the
charity.Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedfor particular
restricted purposes.
Furtherexplanationofthenatureandpurposeofeachfundisincludedinthenotesto the
financial statements.
Grants
Grantsarerecognisedbasedontheaccrualmodelandaremeasuredatthefairvalueof the
assetreceivedorreceivable.Grantsareclassifiedasrelatingeithertorevenueorto assets.
Grantsrelatingtorevenuearerecognisedinincomeovertheperiodinwhichtherelated costs
arerecognised.Grantsrelatingtoassetsarerecognisedovertheexpectedusefullifeof the
asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
Page 11
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
2. ACCOUNTING POLICIES - continued
Irrecoverable VAT
IrrecoverableVATischargedagainstthecategoryofresourcesexpendedforwhichit was
incurred.
Financial Instruments
Financialassetsandfinancialliabilitiesarerecognisedwhenthecharitybecomesapartyto the
contractual provisions of the instrument.
Financialliabilitiesandequityinstrumentsareclassifiedaccordingtothesubstanceof the
contractualarrangementsenteredinto.Anequityinstrumentisanycontractthatevidences a
residual interest in the assets of the charity after deducting all of its liabilities.
3. DONATIONS AND LEGACIES
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
31/3/21
31/3/20
£
£
Donations
12,100
21,225
Grants
39,033
30,293
51,133
51,518
Donations received, included in the above, are as follows; |
|
2021 |
2020 |
|
£ |
£ |
Marjorie Coote Old People's Charity |
5,000 |
10,000 |
Sheffield Town Trust |
1,600 |
1,600 |
Sheffield Church Burgesses Trust |
3,000 |
3,625 |
Harry Bottom Trust |
- |
1,000 |
j G Graves Trust |
1,000 |
1,000 |
Sir John Osborn Trust |
500 |
- |
Freshgate Trust |
- |
2,000 |
HM Burdall Charity |
1,000 |
2,000 |
|
|
|
|
12,100 |
21,225 |
|
|
|
Grants received, included in the above, are as follows:
31/3/21
31/3/20
£
£
South Yorkshire Passenger Transport Executive
39,033
30,293 |
|
|
Page 12
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Donations towards fares
6.
CHARITABLE ACTIVITIES
Other trading activities
Sundries
Insurance
Agency staff
Agency staff expenses
Motor repairs
Petrol or diesel
Motor insurance
Governance costs
Legal and professional fees
Donations
Depreciation |
31/3/21
£
94
31/3/21
Donations
towards
fares
£
240
31/3/21
£
80
719
19,455
4
6,176
336
4,447
1,375
3,700
-
14,596
50,888 |
31/3/20
£
111
31/3/20
Total
activities
£
40,833
31/3/20
£
98
696
47,735
294
9,808
12,646
5,161
1,375
9,570
200
19,597
107,180 |
|
|
|
Governance costs relating to the independent examination fee total £1,375 (2020 £1,375).
Page 13
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
31/3/21 |
31/3/20 |
|
£ |
£ |
Depreciation - owned assets |
14,596 |
19,597 |
Surplus on disposal of fixed assets |
- |
(500) |
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2021nor for
the year ended 31 March 2020.
Trustees' expenses
Therewerenotrustees'expensespaidforintheyearended31March2021norforthe year
ended 31 March 2020.
9. STAFF COSTS
The average monthly number of employees during the year was as follows:
|
31/3/21 |
31/3/20 |
Seconded staff members |
2 |
3 |
No employees received emoluments in excess of £60,000.
Anaverageof2membersofstaffweresecondedfromSheffieldCommunityTransport during
theyear(2020-3).Thelevelofbusinessandtransportactivitywouldmakeitimpractical to
employ full time equivalents. Volunteer expenses total £nil (2020 - £257).
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
51,518
Charitable activities
Donations towards fares
40,833
Investment income
111
Total
92,462 |
Restricted
fund
£
-
-
-
- |
Total
funds
£
51,518
40,833
111 |
|
|
92,462 |
Page 14
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
fund
£
EXPENDITURE ON
Charitable activities
103,171
Other
(500)
Total
102,671
NET INCOME/(EXPENDITURE)
(10,209)
RECONCILIATION OF FUNDS
Total funds brought forward
72,923
TOTAL FUNDS CARRIED FORWARD
62,714
11.
TANGIBLE FIXED ASSETS
COST
At 1 April 2020 and 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020 |
Restricted
fund
£
4,009
-
4,009
(4,009)
4,009
- |
Total
funds
£
107,180
(500)
106,680
(14,218)
76,932
62,714
Motor
vehicles
£
132,669
106,635
14,596
121,231
11,438
26,034 |
|
|
|
Page 15
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
12. |
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
31/3/21 |
|
31/3/20 |
|
|
|
|
|
£ |
£ |
|
VAT |
|
|
|
520 |
1,519 |
|
Prepayments |
|
|
|
3,706 |
4,615 |
|
|
|
|
|
4,226 |
6,134 |
13. |
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
|
|
|
|
|
|
|
|
|
31/3/21 |
|
31/3/20 |
|
|
|
|
|
£ |
£ |
|
Trade creditors |
|
|
|
9,855 |
12,043 |
|
Accrued expenses |
|
|
|
9,368 |
6,794 |
|
|
|
|
|
19,223 |
18,837 |
14. |
MOVEMENT IN FUNDS |
|
|
|
|
|
|
|
|
|
|
Net |
|
|
|
|
|
movement |
|
At |
|
|
At |
1/4/20 |
in funds |
|
31/3/21 |
|
|
|
£ |
|
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
62,714 |
|
|
976 |
63,690 |
|
TOTAL FUNDS |
62,714 |
|
|
976 |
63,690 |
|
Net movement in funds, included in the above are as |
follows: |
|
|
|
|
|
|
Incoming |
|
Resources |
|
Movement |
|
|
resources |
|
expended |
|
in funds |
|
|
|
£ |
|
£ |
£ |
|
Unrestricted funds |
|
|
|
|
|
|
General fund |
51,467 |
|
(50,491) |
|
976 |
|
TOTAL FUNDS |
51,467 |
|
(50,491) |
|
976 |
Page 16
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
|
|
Net |
|
|
|
movement |
At |
|
At 1/4/19 |
in funds |
31/3/20 |
|
£ |
£ |
£ |
Unrestricted funds |
|
|
|
General fund |
72,923 |
(10,209) |
62,714 |
Restricted funds |
|
|
|
Restricted funds |
4,009 |
(4,009) |
- |
TOTAL FUNDS |
76,932 |
(14,218) |
62,714 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Restricted funds
TOTAL FUNDS |
Incoming
Resources
Movement
resources
expended
in funds
£
£
£
92,462
(102,671)
(10,209)
-
(4,009)
(4,009)
92,462
(106,680)
(14,218) |
|
|
RestrictedfundsinthepreviousyearrelatetotheMarjorieCooteOldPeoplesCharity donations
receivedpriorto2013(assubsequenttothisdatedonationsfromMCooteareunrestricted). The
restrictionplacedoverthesefundswasthattheymustbeusedforthepurchaseofavehicle. In
apreviousyearavehiclewaspurchasedfor£33,349andcumulativedepreciationof £33,349
(2020-£33,349)hasbeenchargedtorestrictedfundsinrelationtothisvehicle.Thisvehicleis still
in use.
Page 17
The Sheffield Dial-A-Ride Club
Notes to the Financial Statements - continued for the Year Ended 31 March 2021
15. RELATED PARTY DISCLOSURES
Duringtheyeartheonlyrelatedpartytransactionswerethatof donationstotalling£9,600(2020 -
£15,225)fromMarjorieCooteOldPeople'sCharity,SheffieldChurchBurgessesTrustand Sheffield
TownTrust,whicharecharitiesthatNicholasHuttonistrusteefor.HeisalsoaTrusteefor Sheffield
Dial-A-Ride Club.
Page 18
The Sheffield Dial-A-Ride Club
Detailed Statement of Financial Activities for the Year Ended 31 March 2021
|
31/3/21 |
31/3/20 |
|
£ |
£ |
INCOME AND ENDOWMENTS |
|
|
Donations and legacies |
|
|
Donations |
12,100 |
21,225 |
Grants |
39,033 |
30,293 |
|
51,133 |
51,518 |
Investment income |
|
|
Deposit account interest |
94 |
111 |
Charitable activities |
|
|
Donations towards fares |
240 |
40,833 |
Total incoming resources |
51,467 |
92,462 |
EXPENDITURE |
|
|
Other trading activities |
|
|
Sundries |
80 |
98 |
Insurance |
719 |
696 |
Agency staff |
19,455 |
47,735 |
Agency staff expenses |
4 |
294 |
Motor repairs |
6,176 |
9,808 |
Petrol or diesel |
336 |
12,646 |
Motor insurance |
4,447 |
5,161 |
Governance costs |
1,375 |
1,375 |
Legal and professional fees |
3,700 |
9,570 |
Donations |
- |
200 |
Motor vehicle depreciation |
14,596 |
19,597 |
|
50,888 |
107,180 |
Other |
|
|
Profit on sale of tangible fixed assets |
- |
(500) |
Adjustment to cash |
(397) |
- |
|
(397) |
(500) |
Total resources expended |
50,491 |
106,680 |
Net income/(expenditure) |
976 |
(14,218) |
This page does not form part of the statutory financial statements
Page 19