##
##
||||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|
##