Wyre Forest Dial-A-Ride Charity Number 1110002
Trustees
Glen Collins – Chairman Ian Redfern – Trustee Lionel Slack – Trustee Jonathan Haley – Trustee
Charity Number
1110002
Bankers
HSBC, 13 Church Street, Kidderminster
Solicitors
Higgs LLP, Waterfront Business Park, 3, Brierley Hill, DY5 1LX
Report of the Trustees year ending January 2023
We operate five vehicles, owning four and lease one from Worcestershire County Council. We use paid staff and volunteers who offer between 10 – 28 hours per week to support our operation.
Patronage for our Dial-A-Ride service remains below pre-Covid levels, this is reflected across both the Community and Public transport sectors. Volunteers continue to be difficult to recruit and financial donations have reduced significantly.
However, the Government continues to offer Concessionary fare and BSOG funding at pre Covid levels in an effort to support the sector but without our existing contracts it would be difficult to sustain the service. One positive aspect was a successful tender for a twelvemonth contract from September to transport SEN pupils to a School in Bromsgrove which has enhanced the financial situation.
Chairman
Glen Collins
Co•qtNDHf8ÈP.'04148995 {ErKJland and Wales) Wyre Forest Dial-a-Ride Report of the Trustees and Ur)audiled Financial Ststements For the year ended 31 March 2023
Wyre Forest Dial-&Ride Contents Page For the year ended 31 Klarch 2023 RepK>rt of the Twslees Ind8p8nd8nt Examiners Reput trj Trus18es ststement of Financial AdNilEs Slaterneni of Finanual PIK)n Notès to thé Fin*)tia Stthmenis 510 10
Wyre Forest Dial-a-Ride Report of the Trustees For the year ended 31 Klarch 2023 The Trust$. who arE abo diwlixs forthe wrtx>ses ofrunpany have Wea5ure in prwting their retKrt and Ihe financial 8tat8rA8nts fu the challtable company for the y8ar eed 31 Marth 2023. Th8 Ttusle8& have athpted the provisions of AGcountMg and Ren9 by Charities Slrrwl of ReC{KnEnded Prce applKthe lo charibe5 weparing their 8co)unls accord8nc8 Wilh tha Finanfial Rwjcrfting St)dard aP1¢e in lh8 UK and th8 R6public of Ir8larK1 IFRS 1021 lefteGbve 1 January 20191. OBJECTIVES ANO ACTIVITIES Otsje¢tives and aims ThÈ iective of Ihe cpanY is to proMdE a t<xnmunity transFKXt servitÈ for suth (rf the inhabitants of Wyre Forest its nethbourhtstsd who need of such a Servi because of age, sKkness or disa.1 Irfmial or FtysKall. ptrlerty. Cf because of a Lack of availability of adequate aTh public passenger sery. The Itustee5 have considered the Charrty Corwnision's glanTr on indudiry the benefit.. tunnin9 a charity IPB21'. FINANCIAL REVIESV Reserves There a dérlL of £14.171 in year after administraive Èynses ol E02.283. The b8nCe of un-reskncted funds to t£rry lothard is £60.42f leaves the charity in a reasonabty 5troro posi goiry fwdrd e4Ecily wrth the increasw pressure on funding from bcal aulhorrtES. STRUCTURE, GOVERNANCE ANO MANAGEklEWT Governlng decument The Charily isgoverwl by th8 Memrandum arKI Arbdes ofAsxMiabon of8 F85t aa4¢. a corrwny lirnitgd by guaraniee under the Companies Ad 21X)6. Recrurtrnent and appoinlment of tnJ$tee$ Na lorrnal procethre is currently in txrt 15 in ttE course of eStaLs1. REFERENCE AND ADMINISTRATIVE INFORMAnON Of Ch6tity Wyrv DI-tr harity registration number 11112 Company registrati¢)n nurnhr Principal 4ddr•s$ 05456793 WFDC tkwt Green Street KvJdemiin5ter Woiceslefthye DY10 1PIA Twst08s The trustees and serving during yearth Sit yearend %weJs fdl Mr Mi¢had Cvllins Mr lan Redfern Mr j£athan Hy Mr Le1 S Mr Rd%tl Graharn Harfdl 1 of10
Wyre Forest Dial-&Ride Report of the Trustees Continued For the year ended 31 Klarch 2023 St¢r¢iary Mr lan Redfem Mr5 knnda Ooreen Hartell Ind•pendont examlners Andrew E S SheTh8y L8jnuM HcAJ Adarns Hill aont StourbriOJ8 DY9 gps ApprnvÉdhy.the.Qaard.cf.TnJsJees and.soEdJ)n its behalf by 20 December 2023 Mr Glen Michael Collms 2of10
Wyre Forest Dial-&Ride Independent Examiners Report to the Trustees For the year ended 31 Klarch 2023 I report to trustees on my examiialth oflhe armjnts olthe tiNe rMnpany fu year ended 31 March 2023. Re$pom$ibilities and ba$1$ of rtyort As thè d)anty Trustèes. who arè also far the purptsses of (xxnpany L. are re¥MMtsitAe thè preparation olthè aUnIS in aCCLrdanc the rLi1remetS of Ihp ConwJan5 Act 2006 Iyhe 2(K>6 Adl sali£fied rrryself that the accoiinls (Jf the CLpaThY are rK)t rpqiiired lo be a under Part 16 of the 20 Act and are 811b indeperKlent exanitwbon. I retvi in le5pt of rny examinabon of your charity's account5 t3rr under $8CtK)n 145 of thè Charities Act 2011 I'the 2011 Act'l. In rarrying a1 my exanwnation I have folk)wed th8 Direct8 given by the C Comrnisgon der sertn 14515llbl of lh8 2011 Act. Indtspendènt èxamlnèrs statèmtnt I have tory)leièd my éx8minÈknon. I confirm trÈi no mètters have comÈto mya10n in wtth the examinatn giving me cause to believe that in any malerial respect.. 1. accounting records were not kepl in respect of the clpanY a5 fequiTed by Sec1N 386 of the 2(X)6 Act.. or 2. the acc<xJnls do Th)t accord wilh those ¢01s, IY 3. the do cornpty 71 the requlrerrkts of 5e(w 396 ofthe Ad thr than any requirettwt Ihat Ihe aCCnIS giv8 a tru8 fair vieW is not a mattercongderel as part ofab IThJepwent exaniTh8tion', 4. the xcwnt5 have not been prepared in aCdanCe the arKI of the Staternent of Recomme Practice for a(£thJnling reKkntin9 by chariiies aptAicatAÈ 10 chanbes pwing Ir a)uniS in 8cc(*dance wilh the Financial Reporbng Staard apt4i¢ail8 in Ihe LIK ar RewiAic ol Ireland IFRS 1021. I have M concÈmg and havè como acrogg Th) Oth maltÈfS in ¢XJnrtÈthon wth lo allènli)n shcwld bo diawn in t$ report in order to enable a prcw dersta19 of the xwJnts to te rea(thd. AndrEW E S SherTey Chartered A¢<thntant Andrcw E S Sherrey Labumurn House Ad8m8 Hill ClÈnt Slourbridge DY9 9PS 20 DecemtÉr 2023 3of10
Wyre Forest Dial-&Ride Slalement of Financial Activib"es (including Income and Expenditure Account> For the year ended 31 Klarch 2023 Unrestricted 202.. funds Income and endowments from.. Donations and18gacies Other trading activiles Total 977 114.531 109.72 115.508 110,92,. Expenditure on-. R8rsin9 funds Total 1129,6791 1129.6791 1121,876 {121.876 Net expenditure Reconclllatbon of funds 114,1711 110.953 Total funds brought Total funds carrled foNtard 74.597 85.S 60.426 74,59. 4of10
Register Nuffber". 05456793 Wyre Forest Dial-&Ride Statement of Financial Positi As at 31 March 2D23 2023 202.. Fixed ass•ts Taryible assets 11.409 14.85. 11.409 14,85. Current assets Debtors 10.002 41.075 Cash al b8nk and in hand 55.66,. 51.077 62.031 Credltors.. Qu[rtS falllng due wkhln one y•ar 10 12,2 Net cuYr8nt assets 49.017 59,7 Total assets currgnt liabiliti85 60.426 74,59. Net assets 60.426 74,59. Tho funds of the charoty Unrestricted income fvnds 60.426 74.59. Total funds 60.426 74,59. For thts yèar Èndéd 31 larth 2023 thè ComnY was to exernpbon from audit under sethon 477 of thè Campans Aet 2006 rélaling to companies. - The rn8wber5 hwrfe notrwuired the compwty tootrknin an audrtd it5 aCUnts forth8 y8arin question in aw48nce with SeCtn 476. The Irustees ackntiwledge their rpsFK)tbSitxlitie5 for c(YllFtying with the WUIrnets Df the ALI wilh resped ta accounting record5 and the prBpara ac¢s.TheSe accounts have been prepar1 in accfvd3nce ith the kyowsws ap1¢1e to cotyyanies subj'ecl to the srnll (w1panS re9me. Thefinan(l statements were apwo¥Èd army aulhtirtsed [( issuÈ ty the Bt>ard and 9Th on its behaf by". Mr Glen Mich8el Collins 20 DecetntEr 2023 Sof10
Wyre Forest Dial-a-Ride Notes to the Financial Stslements For the year ended 31 Klarch 2023 l. Arn11n9 Policie$ Basls of accountlng Th8 ffinano81 slalemenls have been prepared under the hi51orL81 CO C(then1 aTh1 in manCe th the Chanlies SORP IFRS 1021 'Accuunting and Reporting by Charibes" slat[1 of Re{yJfflrnetd Prath 4)tAicatAe charilips pParing their accounts in aC(yjrd IhE Fingnci¥l Reporting Standard applicable in the UK and RLYUbl of I[nd IFRS 1021 leffedive 1 January 201gi'. Financial Rerthing Slandarl 102 the Finanoal Reporbng Stsndard applicab in the UK and R8publK of Ire (FRS 1021. the Companies Act 2006. IVyTe Forest Dral-a-Ride rneeis the definOn of a putAic benefit entity under FRS 102. Assets li81• are lI1lY re(tynised at htstrriol ¢ts or trÈtbsathn value unless olh8wise sla18d in Ihe rdfvant actwill tK4Ky note<sl. Golng concern Tangible fixed a$5ets Tangib fixed assels a siaied ai £osi orvaluaiw $ (tswea'al any rKwsM)n ftr irw)airrnent. Depwation provided at rates ¢alculated to wre off the ctssl orvalualKn of fLKad assets, less frslmaled residu vabJ8. over expected useful lives on the Idlowing bass.. Motor VeW8s 25% R8ducig balance 25% RUCg balan Fixtures ?d Fitting5 2. InctsmÈ from donatlonts and lÈgaeiÈ$ 2023 202.. Unrestrlcted funds Donations rew*l 977 977 3. Incomo eamed from othoractiYiti88 2023 202.. Unrestrfcted fvnds Bus Drating SV•lCOS 114.531 109.72 114.531 109,72. 6of10
Wyre Forest Dial-a-Ride Notes to the Financial Statements Continued For the year ended 31 March 2023 4. Expendilurg on olhgr iTading xtiviti85 2023 202., Unre8thctsd funds BLIS tspsraling sèrvicés 37.396 34.19.. Supwrt cost5 92.283 87.68, 129.679 121,871 5. Analysis of support costs 2023 2022 Management 92,283 87.65, f. Staff¢osts and emoluments 2023 202., AdnNni8tration Dnv8r8 and assk%tants 7. CtynparativÈ forthe Sts¢ementof Financial A¢iivit The wnyarabve year va5 Statrtt ofFinw4 Acbvi¢e5 we unrestriled funds. 7of10
Wyre Forest Dial-a-Ride Notes to the Financial Statements Continued For the year ended 31 March 2023 8. Tanglble ffixed assets Fixtutos and Fixtwes and Cost or valuatkjn FilliThJs Filting$ Tots Al 01 April 2022 85.642 8.383 94.021 Additions 321 Al 31 March 2023 85,642 8,704 DeprBrriatlon At01 April 2022 71.623 7.545 79.1&' Charge for year 265 Al 31 March 2023 75,127 7,810 82,93. Net book values Al 31 MarGh 2023 10.515 894 11.401 At 31 March 2022 14.019 838 14,85. 9. 08btor5 2023 202., Amounts duc Ylithith one yw.. Prepayments and accrued Inconle 10,002 10.002 10. Creditor5: arrunt5 falling within orn year 2023 202.. Tr8de creditors AccnJ81s and dèf8rrèd inc(me 2.059 1.72.. 2,060 8of10
Wyre Forest Dial-a-Ride Notes to the Financial Statements Continued For the year ended 31 March 2023 11. Movement Ib) fund& Unresthctod Funds Balance at Incomlng resources Oulyolng resources Balance a 0110412022 311031202., General General 74.597 115.508 1129,6791 60,421 74.597 115,508 1129,6791 60,421 Unr05trithd Funds- Prsvious y9 knttsmlng resources Ouigolrtg resourcos Balanee a 0110412021 311031202., General G8n8ral 110,W23 1121,8761 74,59" 110.923 1121.8761 74,$9' Purpost of n$trIC Fund8 General The purposè of Wyre Forest Dial a Ride is wovM1e a e(xnmunty tr8rtsrM)rt Servi of the inhats"tsnts of Wyr8 Fore and its rEighbourhood who are in rEed of sh ser¥Ke 12. Analysi$ of ngt 05$•ts lynds Tanglble Net curr&nt fixed assets assets I Net Asset unr11t9d fufid$ General General 11,4Q9 49,017 60,421 11A09 49.017 60,421 9of10
Wyre Forest Dial-a-Ride Notes to the Financial Statements Continued For the year ended 31 March 2023 Pr8vIous y8ar Tanglbb8 Net current rixed assets a55et5 1 Net A889 Illabillties UnThstrictgd fvnds General GeTwal 14.857 59.740 74.59. 14,b57 59,740 74,59. lo10
This document was delivered using electronic communications and authentlC8ted in accordance with the registrar's rllles relating to electronic torni, authenticatior aT]d manner of deliN'ery under Section 1072 of thc Conipanics Act ?006.