Midsomer Norton & Radstock Dial A Ride Charity No. 1109319 Company No. 05290277 Trustees, Report and Unaudited Accounts 31 March 2025
Midsomer Norton & Radstock Dial A Ride Content5 Pages Itol Trustees, Annual Report Independent Examiner's Report Statement of Financial Activities 2to2 3to3 Summary Income and Expenditure Account Balance Sheet 4t04 5t05 Statement of Cash flows 6t06 Notes to the Accounts 7t07 Detailed Statement of Financial Activities
Midsomer Norton & Radstock Dial A Ride Trustees Annual Report The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the yearended 31 March 2025. REFERENCE AND ADMINisfRATIVE DEfAILS Company No. 05290277 CharityNo. 1109319 Registered Office The Hollies High Street Midsomer Norton RADSTOCK BA3 2DP Directors and Trustees The Directors of the charitsble company are tts Trustees forthe purposes of charity law. The following Directors and Trnstees served during the year: M. Ashman J. Bond P. Gay S.J. Steel Tjennings J Cook Accountant5 AFEAccountants Limited Building 3, North London Business ParK New Southgate, London NIIIGN OBJEcfivES AND AcrivtfiES The charity's objectives are to provide a community transport service forthose inhabitants of Midsomer Norton, Radstock and the surrounding rural areas, who need a door-to-door transport service because they are unable to access conventional public transport because of age. sickness, disability, poverty or rural isolation.This service is provided by way of a flexible, on-demand service using a small fleet of modern low- floor minibuses. Journeys are booked in advance by the passengers, enabling the company to provide tailor- made transport from home to destination. A larger charity must provide an explanation of its aims, including details of the issues it seeks to tackle and the changes or differences it seeks to make through its activities... A larger charity must provide an explanation for how the achievement of its aims will further its legal purposes...
Midsomer Norton & Radstock Dial A Ride Trustees Annual Report A larger charity must provide an explanation of its strategies for achieving its stated aims and objectrves... A larger charity must provide an explanation of its criteria or measures it use5 to assess success in the reporting period.. A larger charity should provide a more detailed explanation of its short-term and long-term aims and objectives... ACHIEVEMENTS AND PERFORMANCE The company provides its services throughout the geographical area extending from Nempnett Thrubwell in the west to Hinton Charterhouse in the east and from Norton Malreward in the north to Norton Radstock in the south. The company currently has six accessible vehicles. which enables it to continue to provide a high level of service in accordance with its main objectives. A larger charity must include an explanation when material fundraising activities are undertaken, details of the performance achieved against fundraising objettives set... A larger charity must provide an explanation when material investments are held. details of investment performance achieved against objectives set... A larger charity must provide an explanation of any material expenditure occurred to raise income in the future... A larger charity must provide commentary on those significant positive and negative factors within and outside the charity's control which are relevant to the achievement of its objectives . FINANCIAL REVIEW The company made a loss this year due to the less receipt of operating grants throughout the period combined with more costs due to high demand for sep4ices. One Vehicle was sold in June 2024, and no new vehicle was purchased. PLANS FOR FUTURE PERIODS The company would like to purchase a new vehicle if funding was acquired to help reduce maintenance costs and to enhance customer experience. A larger charity report should explain the trustee's perspective of the future direction of the charity... STRUCTURE. GOVERNANCE AND MANAGEMENr The charity is a company limited by guarantee. Overall responsibility forthe company rests with the trustees. A small number of administrative staff are employed to maintain the day-to-day running of the charity's artivities. The Trustees 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 to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the asset5 of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2(X)6 and in accordance with the Charities SORP {FRS 102}.
Midsomer Norton & Radstock Dial A Ride Trustees Annual Report Signed on behalf of the board P. Gay Trustee 31 March 2025
Midsomer Norton & Radstock Dial A Ride Independent Examiners Report Independent Examiner's Report to the trustees of Mid50mer Norton & Radstock Dial A Ride I report to the charity trustees on my examination of the financial statements of Midsomer Norton & Radstock Dial A Ride forthe year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the company {and also its directors for the purposes of company lawl you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 20061'the 2006 Act. Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respert of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under sertion 14515) Ibl of the 2011 Act. Independent examiner's statement I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in accordance with section 386 of the 2006 Act . or the financial statements do not accord with those records- or the financial Statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair. view which is not a matter considered as part of an independent examination; or the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charitie5 applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of I reland IFRS 102). I have no concerns and have come across no other matters in connettion with the examination to which attention should be drawn in this report in order to enable a proper understandin8 of the financial statements to be reached. Rana Aslam FCCA AFEAccountants Limited Building 3, North London Business Park, New Southgate, London NII IGN 31 March 2025
Midsomer Norton & Radstock Dial A Ride Statement of Financial Activitie5 for the year ended 31 March 2025 Unrestrirted funds Total funds Total funds 2025 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities 189.238 61,548 1,252 189,238 61,548 1,252 166,189 96,568 2,201 Investments Total 252.038 252.038 264,958 Expenditure on: Charitable activities Other 215,919 72,124 215,919 72,124 178,495 98,588 Total 288.043 288.043 277,083 Net gains on investments Net expenditure Transfers between funds 136,CM)51 136.005} 112.125) Net expenditure before other gains/{lossesl i?A nn41 11? 1?41 Other gains and losse5 Net movement in funds 136,005) 136,0051 112,1251 Reconciliation of funds: Total funds brought forward 166,246 166,246 178,371 Total funds carried forward 130,241 130,241 166,246
Midsomer Norton & Radstock Dial A Ride Summary Income and Expenditure Account forthe year ended 31 March 2025 2025 2024 Income 250,786 262,757 Interest and investment income 1.252 2,201 Gross income forthe year 252,038 264,958 Expenditure 262,155 251,156 Depreciation and chargesfor impaimient of fixed assets 25,888 25,927 Total expenditure for the year Net expenditure before taxforthe year Net expenditure for the year 288,043 277,083 {36.005) 112,1251 {36,0051 {12,1251
Midsomer Norton & Radstock Dial A Ride Balance Sheet at 31 March 2025 2024 Company No. 05290277 Notes 2025 Fixed assets Tangible assets li 59,570 59,570 100,291 100,291 Current assets Debtors Cash at bank and in hand 8,621 66,756 75,377 {4,706) 70,671 10,096 63,356 73,452 17,497) 65,955 Creditors: Amount falling due within one year Net current assets Total assets less current liabilities Net assets excluding pension asset or liability Total net assets 130,241 166,246 130,241 166,246 130.241 166,246 The funds of the tharity Restricted funds Unrestricted funds General funds 14 14 130,241 166,246 130.241 166,246 Reserves 14 Total funds 130,241 166,246 These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Forthe year ended 31 March 2025 the companywas entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordan with section 476 of the Companies Act 21Y)6. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respectto accounting records and the preparation of accounts. Approved bythe board on 31 March 2025 And signed on its behalf b M.Ashm Trustee 31 March 2025
Midsomer Norton & Radstock Dial A Ride Statement of Cash flows forthe year ended 31 March 2025 2025 2024 Cash flows from operating artivfties Net expenditure per Statement of Financial Activities {36,QK)5) 112,1251 Adjustments for: Depreciation of property, plant and equipment Loss on disposal of tangible fixed assets Dividends, interest and rents from investments Decrease in trade and other receivables {Decreasel/lncrease in trade and other payables 20,737 5.151 {1.252) 1,475 (2,7911 25,927 12,2011 7,540 418 Net cash (used in)/provided by operdtin8 activities {12,6851 19,559 Cash flows from investing activities Proceeds from sales of property. plant and equipment Payments for property, plant and equipment Dividends, interest and rents from investments 15,600 {7661 1,252 942 (35,6111 2.201 Net cash from/(used in) investing artivities 16,086 {32,4681 Net cash from financing activities Net increase/(decrease} in cash and cash equivalents 3,401 112,9091 Cash and cash equNalents at the beginning of the ye 63,356 74,250 Cash and cash equivalents at the end o* the year 66,757 61,341 Components of cash and cash equivalents Cash and bank balan$ 66,756 63.356 66.756 63,356
Midsomer Norton & Radstock Dial A Ride Notes to the Accounts forthe year ended 31 Marth 2025 l Accounting pollcles Basisof preparation The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} (effective I January 20151 {Charities SORP IFRS 1021}. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) and the Companies Act 2C6. Change in basis of accounting or to previous accounts There has been no change to the accounting policies (valuation rules and method of accounting) sin last year and no changes have been made to accounts for previous years. Fund accountin Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. These are unrestricted funds earmarked by the trustees for particular purposes. These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. These are available for use subject to restrictions imposed bythe donor or through terms of an appeal. Designated funds Revaluation funds Restricted fund5 Income Recognition of income Income is included in the Staternent of Financial Activities {SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Incomewith related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SOFA. Donations and legacies Voluntary income received by way of grants, donations and gifts is included in the the SOFA when receivable and only when the Charity has unconditional entitlement to the income. Tax reclaims on Incomefrom tax reclaims is included in the SOFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gainslllossesl on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/llosses) on investment assets This includes any gain or loss on the sale of investments.
Mid50mer Norton & Radstock Dial A Ride Notes to the Accounts Expenditure Recognition of expenditure Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raisingfunds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtheran of its objects, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. Grants payable Governance costs Other expenditure Taxation The charity is exempt from corporation tax on its charitable activities. Tangible fixed assets and depCiatIon Depreciation is provided at the following annual rates in order to write off each asset over tts estimated useful life: Motor vehides Fixtures, fittings and equipment 25% reducing balan 25% reducing balan Freehold investment property Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. Stocks Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charsty would have been willing to pay for the items on the open market. Trade and other debtors Trade and other debtors are recognised at the settlement amount due afterany trade discount offered. Prepayments are valued at the amount prepaid net of anytrade discounts due. Cash and cash equivalents Cash and cash equivalents comprise cash at bank and on hand. demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
Midsomer Norton & Radstock Dial A Ride Notes to the Accounts Trade and other creditors Short term creditors are measured at the transaction price. Other creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. Research and development Expenditure on research and development is written off in the year in which it is incurred. Foreign currencies Monetary assets and liabilities denominated in currencies otherthan the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. Leased assets Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset. the lease is treated as a finance lease. Leases which do not transfersubstantially all the risks and rewards of ownershipto charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held underfinance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basi5 overthe lease term. In the event that lease Incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduttion of rental expense on a straight-line basis. Pension costs The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the ba5ance sheet. The assets of the plan are held separately from the company in independently administered funds. Receipt of donated goods. facilities and services All donated goods. facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
Midsomer Norton & Radstock Dial A Ride Notes to the Accounts 2 Company status The company is a private company limited by guarantee and consequently does not have share capital. 3 Statement of Financial Activities - prior year Unrestricted fvnds Total funds 2024 2024 Income and endowments from: Donations and legacies Charitable activities 166,189 96.568 2,201 166,189 96,568 2,201 Investments Total 264,958 264,958 Expenditure on: Charitable artivities 178.495 178.495 98.588 Other 98,588 Total 277,083 277,083 Net income 112,125) {12,1251 Net income before other gains/{losses) Other gains and losses: Net movement in funds 112,125) {12,1251 (12,1251 112,1251 Recontiliation of funds: Total funds brought forward Total funds carried fotward 178,372 178,372 166,247 166,247 4 Income from donations and legacies Unrestricted Totsl Totsl 2025 2024 Grants and donations 189,238 189,238 189,238 189.238 166,189 166,189 5 Income from charitable activities Unrestricted Totsl Total 2025 2024 Dial-A-Ride seNices 60,329 1.219 61,548 60.329 1,219 61,548 94,539 2,029 96,568 Christmas meal
Midsomer Norton & Radstock Dial A Ride Notes to the Account5 6 Income from investments Unrestricted Totsl Total 2025 2024 Interest re1vable 1,252 1,252 1,252 1,252 2,201 2,201 7 Expenditure on charitable activities Unrestrirted Total Totsl 2025 2024 Expenditure on choritable octivities Dial-A-Ride seNices 214,313 1,606 214,313 1,606 176,894 1.601 Christmas meal Governance costs 215,919 215.919 178,495 8 Other expenditure Unrertricted Total Totsl 2025 2024 Advertising 402 Employee costs Motor and travel costs 31,534 31.534 55.071 931 Premises costs Amortisation, depreciation, impairment. profit/loss on disposal of fixed assets General administrative costs 3,043 3,043 5,336 25,888 25,888 25,927 9,539 1,680 72,124 9,538 1.680 9,488 1,433 98,588 Legal and professional costs 72,124 9 Net expenditure before transfers 2025 2024 This is stated after charging: Depreciation of owned fixed asset5 20,737 25.927
Midsomer Norton & Rad5tock Dial A Ride Notes to the Accounts 10 Staff costs 2025 2024 Salaries and wages Social security costs Pension costs 20,695 7,740 3,099 31,534 46.028 6,429 2,277 54,734 No employee received emoluments in excess of £60,(NX). The average monthly number of full time equivalent employees during the year was as follows: 2025 Number 2024 Number Administration Driving 12 15 li 11 Tangible fixed assets Motor vehicles Fixtures, frttings and equipment Total Cost or revaluation At l April 2024 Additions Disposals At 31 March 2025 DepCiatIon and impairment At l April 2024 Depreciation charge for the year Disposals At 31 March 2025 235,370 27,269 766 262,639 766 130.7951 232,610 {30,795) 204,575 28,035 139,224 23.123 162,347 19,525 1,212 20,737 {10.044) 148,705 110,0441 173,040 24,335 Net book values At 31 March 2025 At 31 March 2024 12 Debtors 55,870 96,146 3,700 4,146 59,570 100,292 2025 2024 Trade debtors VAT recoverable Prepayments and accrued income 324 2,987 6.785 10,096 2.543 6.078 8.621
Midsomer Norton & Radstock Dial A Ride Notes to the Accounts 13 Creditors: amounts falling due within one year 2025 2024 Other taxes and social security Other creditors Accruals 2,586 623 3,494 1,497 3,495 7,497 14 Movement in funds Incoming resour¢e5 (induding other At l April 8ains/losses 2024 At31 March Resources expended 2025 Restricted funds: Unrestricted funds: General funds 166,246 252,038 (288,0431 130,241 Total funds 28 130,241 15 Analysis of net assets between funds Unrestrirted funds Total Fixed assets Net current assets 59.570 70,671 13 241 59,570 70,671 130.241 16 Reconciliation of net debt At31 At l April 2024 March 2025 Cash flows Cash and cash equivalents 63.356 63,356 3,400 3,400 66,756 66,756 Net debt
Midsomer Norton & Radstock Dial A Ride Notes to the Accounts 17 Commitments Operatinq lease commitments Annual commitments under non-cancellable operating leases are as follows: 2025 Land and buiklings 2025 2024 Land and buiklings 2024 Other Other Operating leases with expiry date". Pension commitments 2025 2024 The pension cost charge to the company amounted to". 18 Related party disclosures Controlling party The company is limited by guarantee and has no share capital. thus no single party controls the company.
Midsomer Norton & Radstock Dial A Ride Detailed Statement of Financial Artivities forthe year ended 31 March 2025 Unrestricted funds 2025 Total funds 2025 Total funds 2024 Income and endowments from: Donations and legacies Grants and donations 189,238 189.238 189,238 189.238 166,189 166,189 Charitable activities Dial-A-Ride services Christmas meal 60,329 1.219 61,548 60.329 1.219 61,548 94.539 2,029 96,568 Investments Interest receivable 1,252 1.252 1,252 1.252 2,201 2,201 Total income and endowments 252,038 252,038 264.958 Expenditure on: Charitable activities Dial-A-Ride services Christmas meal 214,313 1,606 215.919 214,313 1,606 215,919 176.894 1,601 178,495 Total of expenditure on charitable activities 211.654 211,654 178,495 Other expenditure Advertising 402 402 Employee costs Salaries/wages Employer's NIC Pension costs Staff entertainment staff training 20,695 7,740 3,099 20,695 7.740 3.099 46,028 6,429 2,277 70 267 31.534 31,534 55,071 Motor and travel costs Vehicles - General costs Travel and subsisten 354 354 86 931 931 Premises costs Rent 3.043 3,043 3,043 3,043 5,336 5,336 General administrative costs, including depreciation and amortisation
Midsomer Norton & Radstock Dial A Ride Detailed Statement of Financial Artiiiities Depreciation of Motor vehicles Depreciation of Fixtures, fittings and equipment Loss on disposal of tangible fixed assets 24,744 20,737 20,737 1,183 5,151 5,151 Bank charges Equipment repairs and maintenance General insurances Postage and couriers Software. IT support and related costs 659 659 602 461 744 744 748 42 2,398 2,398 2.762 Stationery and printing Subscriptions Sundry expenses Telephone, fax and broadband 978 978 1,303 390 457 457 2,164 2,139 35,427 2,164 2,139 35,427 1,569 1,611 35,415 Legal and professional costs Accountancy and bookkeeping Consultancy fees 1,530 150 1,530 1,433 1,680 1.680 1,433 Total of expenditure ol other costs Total expenditure Net gains on investments 71,629 71,629 98,588 288,043 288,043 277,083 Net expenditure 136,lJJ5) {36,005) 112,1251 Net expenditure before other gains/(losses) Other Gains 136,lJ)5) {36,0051 112,1251 Net movement in funds {36,005) {36,0051 112,125) Reconciliation of funds: Total funds brought forward 166.246 166,246 178,371 Total funds carried forward 130,241 130,241 166,246