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2022-12-31-accounts

Page
Reference and Administrative Details ofthe Company, its Trustees and Advisers
Report ofthe Trustees 2-9
Independent
Auditors'
Report		 on the Financial Statements 10-12
Consolidated
Statement ofFinancial Activities		 13
Consolidated
Balance Sheet		 14
Company
Balance Sheet		 15
Consolidated
Statement ofCash Flows		 16
Notes to the Financial Statements 17-30

Note Restricted
funds		 Unrestricted
funds		 Total
funds		 Total
funds
2022 2022 2022 2021
Income from:
Donations
and legacies		 2,087 2,087 6,608
Charitable
activities		 547,916 547,916 535,128
Other trading activities 799,314 799,314 477,829
Other income 606 606 401
Total Income 1,349,923 1,349,923 1,019,966
Expenditure
on:
Subsidiary
expenses		 375,610 375,610 204,152
Charitable
activities		 961+83 961,283 738,996
Total expenditure 1,336,893 1,336,893 943,148
Net income 13,030 13,030 76,818
Transfers between
funds
Net movement
in funds		 13,030 13,030 76,818
Reconciliation
offunds:
Total funds brought forward 470,105 470,105 393,287
Net movement
in funds		 13,030 13,030 76,818
Total funds carried forward 483,135 483,135 470,105

COMPANY BALANCE COMPANY BALANCE SHEET
AS AT 31DECEMBER 2022
2022 2021
Note
Fixed assets
Tangible assets 4,272 3,421
Investments 100 100
4,372 3,521
Current
assets
Debtors 16 355,927 212,773
Cash at bank and in hand 237,414 329,057
593,341 541,830
Creditors: amounts falling due within
one year (129,578) (90,246)
Net current assets 463,763 451,584
Debtors: amounts
one and two years		 falling due between 15,000 15,000
Total assets less current liabilities 483,135 470,105
Net assets 483,135 470,105
Charity funds
Unrestricted funds 18 483,135 470,105
Total funds 483,135 470,105

2022 2021
Cash flows from operating activities
Net cash used in operating activities (26,352) 97,933
Cash flows from investing activities
Purchase oftangible fixed assets (2,7S2) (5,234)
Interest received 606 401
Net cash (used in)/provided
investing
activities		 by (2,175) (4,833)
Change in cash and cash equivalents in the year (2S,527) 93,100
Cash and cash equivalents at the beginning ofthe year 461,S66 368,766
Cash and cash equivalents at the end ofthe year 433,339 461,866
The notes on pages 17to 30 form part ofthese financial statements.

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
Donations 2,087 2,087
Total 2022 2,087 2,087
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
Donations 6,608 6,608
Total 2021 6,608 6,608

Restricted Unrestricted Total
funds funds funds
2022 2022 2022
Contracts 493,080 493,080
Fares and contracts 54,560 54,560
Other income 275 275
Grants
Total 2022 547,915 547,915
Restricted Unrestricted Total
funds fiends funds
2021 2021 2021
Contracts 475,831 475,831
Fares and contracts 38,060 38,060
Other income 411 411
Grants 20,826 20,826
Total 2021 535,128 535,128
5. Income from other trading activities
Income from subsidiary company
Unrestricted Total
funds funds
2022 2022
Subsidiary company income 799,314 799,314

Income from subsidiary Income from subsidiary company
Unrestricted Total
funds funds
2021 2021
Subsidiary
company		 income 477,829 477,829
Income from investments
Restricted Unrestricted Total
funds funds funds
2022 2022 2022
Interest receivable 606 606
Total 2022 606 606
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
Interest receivable 401 401
Total 2021 401 401

Unrestricted Total
funds funds
2022 2022
Subsidiary company expenses 375,610 375,610
Unrestricted Total
funds funds
2021 2021
Subsidiary company expenses 204,152 204,152
Restricted Unrestricted Total
funds funds funds
2022 2022 2022
Total expenditure 961,283 961,283
Restricted Unrestricted Total
funds funds funds
2021 2021 2021
Total expenditure 738,996 738,996

Direct Support Total
costs costs funds
2022 2022 2022
Transport services 780,390 180,894 961,283
Direct Support Total
costs costs funds
2021 2021 2021
Transport services 595,700 143,296 738,996
Analysis ofdirect costs
Transport
services		 Total
funds
2022 2022
Vehicle costs 195,145 195,145
Staffcosts 585,245 585,245
Depreciation on vehicles
Total 2022 780,390 780,390
Transport Total
services funds
2021 2021
Vehicle costs 161,158 161,158
Staff costs 434.542 434,542
Depreciation on vehicles
Total 2021 595,700 595,700

Analysis ofs upp ort costs
Support Total
costs funds
2022 2022
Office staff costs 96,287 96,287
Depreciation on computer &other equipment 1,931 1,931
Office equipment and consumables 15,552 15,552
Professional fees 27,050 27,050
Premises costs 35,900 35,900
Other costs 3,542 3,542
Bank charges 632 632
Total 2022 180,894 180,894
Support Total
costs funds
2021 2021
Office staff costs 72,274 72,274
Depreciation on computer & other equipment 1,138 1,138
Office equipment and consumables 16,286 16,286
Professional fees 19,072 19,072
Premises costs 30,860 30,860
Other costs 3,648 3,648
Bank charges 18 18
Total 2021 143,296 143,296
Independent Examiners' remuneration
2022 2021
Fees payable to the company's
independent
the examination
ofthe company's
annual		 examiner for
accounts		 600

2022 2021
Fees payable
examination		 to the company's
ofthe company's		 independent
auditor for the
annual accounts		 4,500

Group Group Company Company
2022 2021 2022 2021
Wages and salaries 641,645 468,905 623,613 468,905
Social security costs 35,264 18,221 35,264 18,221
Pension contributions 9,166 5,577 9,166 5,577
686,075 492,703 668,043 492,703
Group Group Company Company
2022 2021 2022 2021
No. No. No. No.
Office and administration 5 5 5 5
Vehicle operatives 42 44 42 44
47 49 49

Group
Motor Computer
4 other
vehicles equipment Total
Cost or valuation
At 1 January 2022 172,797 5,234 178,031
Additions 2,782 2,782
Disposais
At 31 December 2022 172,797 8,016 180,813
Depreciation
At 1 January 2022 172,797 1,195 173,992
Charge for the year 2,155 2,155
On disposals
At 31 December 2022 172,797 3,350 176,147
Net book value
At 31 December 2022 4,666 4,666
At 31 December 2021 4,039 4,039

Company
Computer
Motor &other
vehicles equipment Total
Cost or valuation
At 1 January 2022 172,797 4,559 177,356
Additions 2,782 2,782
Disposals
At 31December 2022 172,797 7@41 180,138
Depreciation
At 1 January 2022 172,797 1,138 173,935
Charge for the year 1,931 1,931
On disposals
At 31December 2022 172,797 3,069 175,866
Net book value
At 31December 2022 4,272 4,272
At 31December 2021 3,421 3,421
15. Fixed asset investments
Company
Investments
in
subsidiary
companies
Cost or valuation
At 1 January 2022 100
At 31December 2022 100
Net book value
At 31December 2022 100
At 31 December 2021 100

Company Company Included
in
Name number consolidation
The Ashbourne Little Bus Company Ltd 09364642 100lo Yes
Nature of business: Operations ofcontracts, excursions and revenue earning bus services in the local area, where
Department for Transport commercial bus operators
licence		 is required.
The financial results ofthe subsidiary for the year were:
Profit/(Loss)
Income Expenditure for the Net assets
period
Name
The Ashbourne
Ltd		 Little Bus Company 799,314 647,346 151,968 100
Debtors
Group Group Company Company
2022 2021 2022 2021
Due within one year
Trade debtors 176,481 104,075 197,096 80,990
Amounts owed by group undertakings 134,613 104,137
Other debtors 2,021 7,722 2,021 7,722
VAT 30,758 23,620 13,003 10,384
Prepayments and accrued income 12,197 11,742 9,194 9,540
221,457 147,159 355,927 212,773
Group Group Company Company
2022 2021 2022 2021
Due between one and two years
Amounts owed by group undertakings 15,000 15,000
15,000 15,000

Group Group Company Company
2022 2021 2022 2021
Trade creditors 47,397 59,648 24,034 19,593
Other taxation
and social security		 19,830 8,325 19,830 8,325
Amounts
owed to group
undertakings
Other creditors 50,343 40,686 50,344 40,686
Accruals and deferred income 58,757 34,300 35,370 21,642
176,327 142,959 129,578 90,246
Statement offunds
Statement offunds —current year
Balance at
Balance at 31
1January December
2022 Income Expenditure 2022
Unrestricted
funds
General fund 280,105 974,313 (961,283) 293,135
Vehicle Contract Liability fund 20,000 20,000
Redundancy
Liability fund		 35,000 35,000
Premises Liability fund 35,000 35,000
Bus Services Improvement fund 25,000 25,000
Smaller Buses fund 25,000 25,000
Unexpected
Events fund		 50,000 50,000
Total funds 470,105 1,019,966 (943,148) 483,135

Balance at Transfers Balance at
IJanuary between 31December
2021 Income Expenditure funds 2021
Unrestricted
funds
General fund 203,287 1,019,966 (943,148) 280,105
Vehicle Contract
Liability		 20,000 20,000
Redundancy
Liability		 35,000 35,000
Premises Liability 35,000 35,000
Town
Regeneration Bus 25,000 25,000
Service
Smaller Buses 25,000 25,000
Unexpected Events 50,000 50,000
Total funds 393,287 1,019.966 (943,148) 470,105
Group Group
2022 2021
Net income/expenditure for the year (as per Statement ofFinancial Activities) 13,030 76,818
Adjustments
for:
Depreciation
charge		 2,155 1,195
Interest received (606) (401)
Decrease/(increase) in debtors (74,299) (40,921)
Increase/(decrease) in creditors 33,36S 61,242
Net cash provided by operating activities (26,352) 97,933

At At
1 January 31 December
2022 Cashflows 2022
Cash at bank and in hand 461,866 (28,526) 433,339
461,866 (28,527) 433,339