REGISTERED COMPANY NUMBER: 05305639 (England and Woles) REGISTERED CHARITY NUMBER". 1107489 Strateglc Report, Trustees, Report and Unavdlted Flnan¢lal 51atements for the Year Ended 31 March 2024 lor The Sheffleld Dlal-A.Rld• Club Landin Wilcock & Co Chartered Accountants 68 Queen street Sheffield South Yorkshire SI IWR
The Sheffleld Dlal-A-Rlde Club Contents of the Financlal Slolements for the Year Ended 31 March 2024 Page Stroteglc Report Truste•s' Report Independenl Examlnerfs Report Slal•menl ol Flnanclal Acllvltles balanco Sheet Not•s lo th• Flnanclal Stat•menli 8 to 14 Delalled Statefflent ol Flnanclal AcllvlN•i 15
The Sheffield Dlal-A-Rlde Club strategic Report for the Year Ended 31 March 2024 The trustees, who ore directors for the purpose of company law, present the annual report5 together wilh the financial statements ol the charitable company for the year ended 31 March 2024, which are also prepared lo meet the requirements lor o directors, reports and accounts lor Companies Act purposes. PERFORMANCE The effects of the pandemic and Subsequent lockdown were largely historic thi5 year although there was still some reluctonce to venture out and use Iiansport such 05 ours amongst our u5er5. The usage of the City Ride service grew substontially in the yeor neverthele55 enabling us to carry 8,652 people on the City Ride setvice compored with 6,954 in the previous year. Overall our lull range o15ervices corried l 0.109 people 18,384 in 2022-231. Thi5 wa5 greatly opprecialed and continues lo confirm the value ol our services. FINANCIAL REVIEW The occounls reflect the increases in fuel costs lor our vehicles. We are monitoring thi5 carefully bul our ability to recover the tax element ol the fuel we use through BSOG does help us. We are confidenl we remain a finonciolly stable orgonisolion wilh odequote reserves lor the loreseeoble lulure to mainlain ourselve5 as a going concern. As ot 31 March 2024 reserves were £l12.562-120?3 - £101,553). PUBLIC BENEFIT We remain confident Ihot we dèmonslrate lully thé public benefit expected by the Charity Commission in the way we enable disabled people in Sheffield ond Iheir corers lo live a fuller ond more dignified life thon would be p055ible without our services. The qvick recovery in the use ol our vehicles olter the pandemic illustrates this. Sheffield Dial a Ride'5 objectives continue lo make il possible for many people with disabili1Ses to Irovel solely ond ol an offordable cost. thus living more independent and satisfying lives. not restrlcted to their homes. The trustees confirm that they have complied with the requiremenls 015ection 4 01 the Charities Act 2011 to have due fegard lo the public guidonce published by the Charily Commission lor England ond Wales. THANKS We ore very grateful lor the grants we hove conlinued to receive from the South Yorkshire Mayor05 Combined Aulhorily without which we would be unable lo operate. We also acknowledge with thonks the relationship we enjoy with Sheffield Community Transport and the help and odvice we hove received from them over the recent years. I continue to oppreciote greatly the commitment lo SDAR shown by our Irus18es over th8 y80r. Approved by order of the boord of trustees on ..... . ond signed on its beholf by.. MrNJ ulton Page I
The Sheffleld Dlol-A-Rlde Club Trustees, Report for the Yeai Ended 31 Morch 2024 The trustees who ore 0150 director5 Of the charity for the purposes of the Companies Acl 2006, present their report with the financial 51olemen15 of the chority for the year ended 31 March 2024. The Irustees have odopted the provisions ol Accounting and Reporting by Charities.. Stotement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financiol Reporlir)g Slondard opplicable in the UK ond Republic of Irelond IFRS 1021 leffeclive l January 20191. 08JECTIVES AND ACTIVITIES Objectlves and alms The chorily works hord lo obtoin gronls ond funding to then be able lo provide a speciolisl Iran5port seNice lor the benefit ol the elderly ond infirm in the Sheffield orea. The current and future objectives continue lo make it possible for many people with disabililles to Iravel solely al on affordable cost, thus living more independent and satisfying lives, not restricted to their homes. The Iru5tees arè appointed to work toword5 ochieving these oims and objectives. The trustees ore responsible for the mointenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing Ihe preparation and dis5eminotion ol financial statements may dilfer from legislation in other jurisdiclions. STRUCTURE. GOVERNANCE AND MANAGEMENT Organlsatlonal Structure The charity 15 limited by guaranlee ond its obj8cts, power and conslilulional matters are set out in its Memorandum ond tiCleS of A550ciation. Recrultment and appolntment ol new Iruslees New Iruslees may be appointed by a resolution of the existing trustees. Trustees are oppoinled by the member5 al the Annual General Meeting. A boord ol Iruslees odminislers the chority. The tru51ee5 who have Served during the year and since the year end are sel out on page 4. Al stall are seconded from Shellield Community Transport. Key management remuneratlon None of the trustees receive remuneralion or olher benefits from their work with the charilv. Related parHes Marlorle Coote Old People's Charlty Nicholas Hullon Trustee Sheffleld Church Burgess Trusl Nichola5 Hutton Trustee Shellleld fown Trust Nicholas Hutton Trustee Page 2
The Sheffleld Dlal-A-Rlde Club Trustees, Report for the Year Ended 31 Morch 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT ObJectlve5 and pollcle5 The Charity's activitie5 expose it to a number of financial risks including credit risk and liquidity risk. The use ol linanciol derivolives is governed by the chority's policies approved by the board ol trustees. which provide written principles on the use ol linanciol derivatives to manage these risks. The charity does not use derivolive financial instruments lor speculative purposes. Credlt rlsk The Charity's principol finonclal a55e15 ore bonk balance5. cash and other receivables. The credit risk on liquid funds and derivative financial instruments is limited because the counterporlies are bonks with high credit-rctings assigned by internalionol credit-roling agencies. The Charity has no Significant credit risk. Ilquldlty rlsk Liquidity risk is managed by ensuring sufficient funds ore available for ongoing operations ond lulure vehic18 purchases required. There is no debt finance. REFERENCE AND ADMINISTRATIVE DETAILS Reglstered Company number 05305639 IEngland and Wales) Reglstered Chorlty number 1107489 Reglslered offlce l O Montgomery Terrace Road Shellield South Yorkshire S6 38U Trustees Mr R B Barnslev Mr M W Lelcher Iresigned 28.11.231 Mr N J A Hutton Mr D L Andréws Company Secretary Mr D L Andrews Independent Examlner Tom Henshaw ACA Landin Wilcock & Co Chartered Accountants 68 Queen Street Shellield South Yorkshire SI IWR Bankers CAF Bank Limited 25 Kings Hill Avenue Wesl Malling Kent ME19 4JQ Page 3
The Sheffleld Dlal.A-Rlde Club Trustees, Report for the Year Ended 31 March 2024 Approved by order of the boord of trustees on ... . ... .. and signed on its behalf by.. Mr utton - Truslee Page 4
Independent Examlner's Report to the Trustees of The Sheffield Dial-A-Ride Club Independenl examlner's report lo the Irustees of The Sheffleld Dlol-A-Rlde Club {'Ihe Company.) report lo the charily trustees on my examinotion ol the accounls of the Company lor the year ended 31 Morch 2024. Responslbllltles and bosii ol report As the charity'5 trustee5 of the Compony land also ils directors lor the purposes of compony lowl you are responsible for the preparation of Ihe accounts in accordance with the requirements ol Ihe Componies Act 20061'the 2006 Act'i, Hoving satisfied myself thot the occounls of Ihe Company are not required to be oudiled under Port 16 of the 21X)6 Act and ore eligible for independent exomination. I report in respect ol my exominolion ol your charity'5 occounts as corried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my examination I hove followed the Directions given by the Charity Commission under Section 145151 Ibl ol the 2011 Act. Independent examlner'i Itatemenl I have completed my examination. I confirm Ihal no matters hove come lo my attention in connection wilh the examinolion giving me cause lo believe.. occounting record5 were not kept in respect of the Company as required by Seclion 386 of Ihe 2006 Act.. or the occounts do not occord with those records., or the accounts do not comply with the occounling requirements of Séction 396 01 the 2006 Act other thon ony requirement that the accounts give a true and lair view which 15 not o moller con51dered os port of an independent examination., or the accounts hove not been Pfeparéd in o¢cordance wth the methods and principles ol the Sla18ment of Recommended Praclice lor accounting and reporting by chorilies lopplicable lo chorilies preparing their accounts in accordance with the Financiol Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I hove no concerns ond hav6 comé ocross no other matters in connection with the exomination to which attention should be drawn in this report in order to enoble o proper understanding of the account5 to be reached. Tom Henshow ACA Landin Wilcock & Co Chartered Accounlonts 68 Queen Street Sheffield South Yorkshire SI IWR Page 5
The Sheffield Dlal-A-Ride Club statement of Financial Acllvilies for the Year Ended 31 March 2024 3113124 Total funds 3113123 Total funds Unreslrfcted Restricted fund fund Noles INCOME AND ENDOWMENTS FROM Donations and legacies 33,351 33,351 40,851 Charftable acHvlNes Donations towards lores 39,767 39.767 35,000 Investment income 1,934 1,934 470 Tolal 75.052 75,052 76.321 EXPENDITURE ON Choritable actlvities 64,043 64.043 64,962 NET INCOME 11.009 11,009 11,359 RECONCILIATION OF FUNDS Tolol funds brought forword 101,553 101,553 90,194 TOTAL FUNDS CARRIED FOIIWARD 112,562 112.562 101.553 CONTINUING OPERATIONS Al of the charily'5 activities derive from continuing operalions during the above two periods. The funds breakdown lor 2024 and 2023 is shown In note 14. The notes form part of these financial statement5 Page 6
The Sheffleld Dlal-A-Ride Club Balance Sheel 31 Morch 2024 3113124 Total funds 3113123 Totol funds Unreslricted Restrlcted lund fund Notes CURRENT ASSETS Debtors Cash at bank 12 17,654 112.144 17,654 112,144 19,713 92,937 129.798 129,798 112.650 CREDITORS mounts lolling due within one year 117,2361 117.2361 111.0971 NET CURRENT ASSETS 112,562 112,562 101.553 TOTAL ASSETS LESS CURRENT LIABILITIES 112,562 112,562 101,553 NET ASSETS 112,562 11 ?,562 101.553 FUNOS Unreslricted funds 14 112.562 101,553 TOTAL FUNDS 112.562 101,553 The charitable company is entitled lo exemption from audit under Section 477 of the Companies Act 2006 tor the year ended 31 March 2024. The members have not required the company to obloin an audil ol its financial statements for the yeor ended 31 March 2024 in accordance with Sectlon 476 01 the Companies Act 2006. The trustees acknowledge Iheif re5ponsibililies for ensuring thal the charitable company keep5 accounting record5 Ihol comply wlh Seclions 386 ond 387 of the Componies Act 2W6 and preparing financial statemenls which give a true and lair view of the stote of cffairs of Ihe charitable compony as ol the end ol each financial yeor ond ol its surplus or delicil for each financial year in accordance with the requiremen15 01 Sections 394 and 395 and which otherwise comply with the requiremenls of the Componies Act 2006 relating to financial stotemenls, so lar os applicable lo the choriloble company. Ibl These financial slotemenls have been prepared in accordance with thé provisions applicoble to charitoble companies subject lo the smoll companies regime. The financial statements were approved by the Board of Truslees ond authoriséd for issue on and were signed on ils beholl by.. MrNJAHutton-Tr The notes form part of these financial 5tatementS Page 7
The Sheffleld Dlol-A-Rlde Club Notes to the Flnonclal Slatements for the Year Ended 31 March 2024 CHARITY STATUS The chority is a charity limited by guarantee ond consequently does not have share capital. Each ol the trustees is liable to conlribute an amount not exceeding £1 O lowords the asset5 of the charily in the event of liquidation. The règistéréd officè is: 10 Montgomery Terrace Road Sheffiel South Yorkshire S6 38U ACCOUNTING POLICIES 8asls ol preparlng the flnanclal statements The financial statements ol the charitable company, which is a public benefit entity under FRS 102, have been prepored in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charilies-. Statement ol Recommended Praclice applicoble to charities preparing their accounts in occordance with the Finonciol Reporling Standard applicable in Ihe UK and Republic ol Ireland IFRS 1021 lellective l Jonuary 20191., Finonciol Reporling Stondord 102 'The Financial Reporting Slondard opplicoble in the UK and Republic ol Ireland. and the Companies Act 2006. The financial slolemenls hove been prepared under Ihe hisloricol cost convention. The presentotion and functional currency is considered to be pounds slerfing because thSs Is the currency in the primtsry 6conomic environment in whicl) the Charity operates. Golng concem The Iruslees consider that there are no moteriol uncerlainlies obout tho charity's obilily lo continue os o going concern nor any signiliccnl oreas of uncertainly Ihat allect Ihe carrying value ol assets held by the chority. Flnanclol reportlng Standard 102 - reduced dljclosure exempllons The charitable company has taken advantage ol the lollowng disclosure exemplion in preparing these financial stolements, as permitted by FRS 102 'The Finonciol Reporting Slondord applicabl8 in the UK ond Republic of Irolond,: the requirements of Section 7 Statement ol Cash Flows. Income Income and endowments Volunlory income including donolions and gronls that provide core funding or ore ol o general nature are recogni5ed where there 15 enlitlemenl, certainty ol receipt and the omounl can be measured wilh sufficient reliability. Glfts In klnd Gilts in kind, including donated goods ore recogni5ed where there 15 enlillemenl, cerlointy ol receipts and the amounl can be measured with sufficient reliability- Investmenl Income Investment income is recognised on a receivable basis. Charltable actlvlNes Income from choritoble oclivilies includes income recognised as earned las the related goods or services are providedl under contract. Poge 8
The Sheffleld Dlal-A-Rlde Club Noles lo Ihe Flnonclal Slatemenls - continued for the Year Ended 31 Morch 2024 ACCOUNTING POLICIES - conllnved Expendllure Liabilities ore recognised os expenditure as soon as there is a legal or conslnJctive obligation commilting the charity to thal expendilure. it is probable that a transfer of economic benefits will be required in settlement and the omounl of the obligation can be measured reliably. Expenditure is occounted for on an accruals basis ond has been classified uncler heodings that aggregale all cost related to the cotegory. Where costs connot be directly ottributed to particular headings they have been allocaled to aclivities on a basis consistenl with the use of resources. All resources 8xpend&d are inclusive of irrecovérable VAT, Tanglble ffxed assets Deprecialion is provided ot the following annual rates in order to write off eoch osset over Its estimaled useful life. Motor vehicles 20% on cost Taxallon The charity is exempt from corporation lax on ils charitable octivilies. Fund accounllng Unrestricted lund5 can be used in occordance wth tha charitable objectives at the discretion of the Iruslee5. Restricted lund5 can only be used for particular restricted purposes within the objects of Ihe charity. Restriction5 arise when specified by the donor or when funds ore raised lor particular reslricled purposes. Further explanation ol the nature and purpose ol each fund is included in the notes to Ihe financial 5talemenls. Grants Gronts are recognised based on Ihe occrual model and are measured al the lair value ol the asset received or receivable. Grants are cla55ified as relating either lo revenue or lo asse15. Gran15 relating lo revenue are recognised in income over Ihe period in which the related costs ore recognised. Gronls relating lo ossets ore recognised over Ihe expected useful life ol Ihe ossel. Where port ol o grant relating to on a55et is deferred, it Is recogni5ed as deferred income. Irrecoverable VAT Irrecoverable VAT is chorged agoinst the category of resources expended lorwhich it was incurred. Flnanclal Instruments Finoncial ossels and financial liabilities are r6¢ognised when the chorily becomes o party to the conlraclual provisions ol the in51rumenl. Financial liabilities and equity inslrumenls are classified occording to the substance of the controclual orrongemenls entered into. An equity inslrumenl is any contract that evidences a residual interest in the assets ol the charity aller deducting oll ol ils liabilities. Poge 9
The Sheffleld Dlal.A-Rlde Club Notes lo the Flnancial Slatemenls - contlnued for Ihe Year Ended 31 March 2024 DONATIONS AND LEGACIES 3113124 3113123 Donations Grants 5,000 28.351 12,500 28,351 33.351 40,851 Donotions received. Included in the above, are as follows., 2024 2023 Morjorie Coote Old People's Chorily Sheffield Church Burgesses Trust Harry Bottom Trust Cullers Hall Presetvation Trust Sir John Osborn Trust HM Burdall Charity 5,000 i 0.000 1,000 500 1.000 5.000 12,500 Gfanls received, included in the above, are as tollows: 3113124 3113123 Soulh Yorkshire Mayoral Combined Authority 28,351 28,351 INVESTMENT INCOME 3113124 3113123 Deposit account interest 1,934 470 INCOME FROM CHARITA8LE ACTIVITIES 3113124 Donallons towards fares 3113123 Total acllvllles Donotlons towards fares 39.767 35,000 Page 10
The Sheffleld Dlal-A-Rlde Club Notes to the Flnancial Stalemenls . conllnved for the Year Ended 31 March 2024 CHARITABLE ACTIVITIES other tradlng acllvllles 3113124 3113123 Sundries Insurance Agency stoff Motor repairs Petrol or diesel Motor insurance Governance costs Legol and professional lees Bonk charges Depfecialion 105 903 23.434 15.223 12.886 4.924 3.690 2.800 78 77 803 23.189 15.113 13.025 3.375 2.760 2.800 3.805 64,043 64.962 Governonce costs reloling to Ihe independent examinolion lee lolol £1,87012023- £1.7001. NET INCOME/(EXPENDITURE) Nel income/lexpendilurel is slated aller char9ingllcreditingl'. 3113124 3113123 Depreciation - owned ossets 3,805 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees. remunerotion or other benefits lor the yeor ended 31 March 2024 nor lor the year ended 31 Morch 2023. Trust••s' •xpen8•$ There were no Iruslees, expenses paid for in the year ended 31 March 2024 nor for the yeor ended 31 March 2023. STAFF COSTS The average monthly number ol employees during the yeorwas as follows: 3113124 3113123 Seconded staff members No employees received emoluments in excess of £60,000. An averoge ol I member ol slofl was seconded from Sheffield Community Transport during the yeor 12023 - 1 l. The level of business and tronsport aclivily would make it impraclical to employ lull lime equivalents. Volunteer expenses totol £nil12023 - £nill. Pagell
The Sheffield Dlal-A-Ride Club Noles to the Financial Statements - conllnued for the Year Ended 31 March 2024 io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestrlcted Reslrfcted fund fund Total fund$ INCOME AND ENDOWMENTS FROM Donations and legacies 40.851 40,851 Chorlloble octlville$ Donations towards lares 35.OIX) 35.000 Invèstment income 470 470 Total 76,321 76.321 EXPENDITURE ON Chariloble activitie5 64,962 64,962 NET INCOME 11.359 11,359 RECONCILIATION OF FUNDS Total funds brought lorword 90.194 90,194 TOTAL FUNDS CARRIED FORWARD 101,553 101.553 TANGIBLE FIXED ASSETS Motor vehlcles COST At l April 2023 and 31 March 2024 132,669 DEPRECIATION Al l April 2023 and 31 Morch 2024 132,669 NET 800K VALUE At 31 March 2024 At 31 Morch 2023 Page 12
The Sheffleld Dial-A-Rlde Club Notes to the Flnanclal Stalemenls - conllnued for the Year Ended 31 March 2024 12. DEBTOftS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 Trade debtors VAT Accrued income Prepoyments 3,388 3,526 6,394 4,346 10.040 1.930 4.462 3.281 17.654 19.713 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113123 Trade credilors Accrued expenses 14.546 2,690 9,037 2,060 17,236 11,097 14. MOVEMENT IN FUNDS Nel movement In funds Al 3113124 At 114/23 Unreslrlcted funds General fund 101.553 11.009 112,562 TOTAL FUNDS 101,553 11,009 112,562 Net movement in funds, included in the above are as follows.. Incomlng resources Resource$ Movement expended In funds Unrestrlct•d fundi Generol fund 75.052 164.0431 11,W9 TOTAL FUNDS 75,052 164,0431 11,009 Comparatlves for movement In Ivnds Net movemenl In lunds At 3113123 At 114122 Unreslrlcted lund5 General fund 90.194 11.359 101,553 TOTAL FUNDS 90,194 11,359 101,553 Page 13
The Sheffield Dlal-A-Rlde Club Nol•s to th• Flnanclal Slalem•nts - conllnu•d for the Year Ended 31 March 2024 14. MOVEMENT IN FUNDS . conffnved Comparative net movement in fund5, included in the above are 05 follows.. Incomlng resources Resources Movement expended In funds Unreslrlcted Ivnds General Ivnd 76.321 164,9621 11.359 TOTAL FUNDS 76,321 164.9621 11.359 15. RELATED PARTY DISCLOSURES During the yeor the only related porty tronsocthons were Ihot of donotions set out below which are eharilies Ihot Nicholas Hutton is trustee for. He is also a Trustee for Sheffield Dial-A-Ride Club. 2024 2023 Maryorie Coole Old People's Charity Shellield Church Bufges5es Trust 5,000 10,000 i 0,000 13.000 Page 14
The Sheffleld Dlal-A.Rlde Club D•tall•d Slatement of Flnancial Activities for the Year Ended 31 March 2024 3113124 3113123 INCOME AND ENDOWMENTS Donatlons and legacles Donations Grants 5,000 28,351 12,500 28,351 33,351 40,851 Investment Income Deposit occount interest 1.934 470 Charllable actlvlllos Donotions towards lares 39.767 35.000 Totol Incomlng r•sources 75.052 76,321 EXPENDITURE Olher tradlng actTvltl•s Sundries Insurance Agency staff Motor repairs Petrol or diesel Molor insurance Governance costs Legal and professional lees 8ank charges Motor vehicle depreciation 105 903 23,434 15,223 12,886 4,924 3,690 2,800 78 77 23.189 15,113 13.025 3.375 2,760 2.8 3.805 64,043 64,962 Total re50urce5 expended 64,043 64,962 N•t Income 11,009 11,359 This page doe5 not form port of the statutory financial statements Page 15