2020-07-31-accounts - Weardale Community Transport Limited

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Trustees' Annual Report (Incorporating the	Director's Report)
independent Examiner's Report to the Trustees
Statement of Rnancial Ac5vNes (Including	Income and Expenditure	Account)
Statement of Financial Position
Statement ofCash Rows
Notes to the Accounts
The Following Pages Do Not Form Part	ofthe Accounts
Detailed Statement of Financial Activities

		Year E	nded 31July 2	020
				2020		2019
			Unrestricted	Restricted
			funds	funds	Total funds	Total funds
		Note	R	R		R
Income and endowments
Donations and legacies		5	390	140,600	140,990	750
Charitable activities		6	475,455	3,683	479,138	506,372
Investment income Other income		7 8	781 25,553		781 25~	51 15,268
Total Income			502,179	144,283	646,462	522,441
Expenditure Expenditure on charitable	activities	9,10	513,497		513,497	420,913
Total expenditure			513,497		513,497	420,913
Net income			(11,318)	144,283	132+65	101,528
Transfers between funds			140,600	(140,600)
Net movement ln funds			129,282	3,683	132,965	101,528
Reconciliation offunds
Total funds brought forward			375,652	4,252	379,904	278,376
Total funds carried forward			504,934	7,935	512,869	37S,S04

Wear	dale Community Transport Statement ofCash Flows Year Ended 31July 2020	Limited
			2019
Cash Rows from Operating	Activities
Net income		132,966	101,528
Adjustments for:
Depreciation oftangible fixed	assets	69,990	49,329
Other interest receivable and	similar income	(781)	(51)
Accrued expenses/(income)		1,144	(3,579)
Changes in:
Trade and other debtors		37,126	(38,504)
Trade and other creditors		(626)	563
Cash generated from operations		229,818	109,286
Interest received		781	51
Net cash from operating activities			109,337
Cash Flows from Investing	Activities
Purchase oftangible assets		(296,400)	(60,151)
Proceeds from sale oftangible assets		40,296
Net cash used in Investing activities		(255,104)	(50,151)
Net (Decrease)/Increase in	Cash and Cash Equivalents	(25,505)	49,186
Cash and Cash Equivalents	at Beginning ofYear	162,343	113,157
Cash and Cash Equivalents	at End ofYear	136,838	162,343

had undertaken to contribute an amount Oonatfons and Legacies	not exceeding E1 in the event	ofawinding	up.
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2020
			R
Oonatlons
Donations	390
Grants
Power to Change grant		140,600	140,600
	390	140,600	140,990
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2019
Oonatlons
Donations			750
Grants
Power to Change grant
		750	750

Sustainable Rural Transport
Car share scheme
Community Transport Services
S100
Dial A Ride
Patient Transport Services
Wheels to Meals
Garden project

9.	Expenditure	on Charit	abl	e	Acti	vt	tles by Fund T	ype	ype
								Unrestricted		Restricted	Total Funds
									Funds	Funds		2020
	Expenditure	on charitable		activities			(see page 20)		513,497		513,497
								Unrestricted		Restricted	Total	Funds
									Funds	Funds		2019
	Expenditure	on charitable		activities			(see page 20)		420,163	750	420,913
10.	Expenditure	on Charitable			Activities by Activity			Type
									Activities
								undertaken		Total funds	Total fund
									directly	2020		2019
										R
	Expenditure	on charitable		activities			(see page 20)		513,497	513,497	420,913
11.	Net Income
	Net income	is stated after		charging/(crediting):
										2020		2019
	Depreciation	oftangible	fixed		assets					59,990	49,329
12.	Independent	Examination		Fees
										2020		2019
	Fees payable to the independent					examiner for:
	Independent	examination		of the accounts						540		540
	Other financial services									84		62
										624		602
13.	Staff Costs	and Emoluments
	The total staff costs and		employee				benefits for the	reporting	period are	analysed as	follows:
										2020		2019
	Wages and salaries Social security costs									242,722 7,894	203,759 6,965
	Employer contributions		to	pension			plans			3,877		2,360
										254,493	213,054

15.	During current and previous year trust charity. Tangible Rxed Assets	ees received neit	her remuneratio	n nor expens	es from the
		Land and	Motor
		buildings	vehicles	Equipment	Total
	Cost
	At 1 August 2019		407,757	1,301	409,058
	Additions	204,431	84,669	7,300	296,400
	Disposals		(135,984)		«35,'984)
	At 31July 2020	204,431	366,442	8,601	569,474
	Depreciation
	At 1 August 2019 Charge for the year		259,790 58,159	1,279 1,831	261,069 59,'990
	Disposals		(95,688)		(95,688)
	At 31July 2020		222,261	3,110	225,371
	Carrying amount
	At 31July 2020	204,431	134,181	5,491	344,103
	At 31 July 2019		147,967	22	147,989
16.	Debtors
				2020	2019
				R
	Trade debtors			25,240	64,445
	Prepayments and accrued income			19,167	17,088
				44,407	81,533

Creditors: amounts
	2020	2019
	R
Trade creditors Accruals and deferred income Social security and other taxes Other creditors	2,242 7,002 3,012 223	2,854 5,'858 3,249
	12,479	11,961

Analysis of Charitable Restricted funds	Fund	s (conummt)
	At	1 August				At
		2019	Income	Expenditure	Transfers	31July 2020
Donations		4,252				4+52
Allotment			1,283			1,283
Car Share Scheme			2,400			2,400
Power to Change			140,600		(140,600)
		4,252	144,283		I140,600)	7AI35
		At
	1 August 201					At
		8	Income	Expenditure	Transfers	31 July 2019
Wheels to Meals			750	(750)
Donations		4,252				4,252
		4,252	750	(750)		4,252

Detailed Statement of F Year Ended 31	inancial Activities July 2020
	2020	2019
Income and endowments	R
Donations and legacies
Donations Power to Change grant	390 140,600	750
	140,990
Charitable activities
Sustainable Rural Transport Car share scheme Community Transport Services S100 Dial A Ride Patient Transport Services Wheels to Meals Garden project	3,699 2,400 11,808 4,014 1,107 441,770 13,057 1,283	11,684 44,567 3,249 1,400 421,829 23,643
	479,138	506,372
Investment Income
Bank interest receivable	781	51
Other income
BSOG	15,424	13,747
Membership	266	328
Sales	186	24
Insurance claim		1,169
Job Retention Scheme	9,677
	25,553	15,268
Total income	646,462	522,441

	2020	2019
Expenditure
Wages
Employer's NIC	242,722	203,759
Pension costs Rent Light &heat	7,894 3,877 12,713	6,965 2,360 17,002
Insurance	3,695
Vehicle running costs Repairs &maintenance Legal &professional fees Telephone, postage, ITand stationery Oepreciation Profit on disposal ofvehicles Wheels to Meals project Volunteer expenses S100	22,815 86,060 40,236 1,179 5,930 59,990 12+46 6,406 141	19,536 69,511 26,301 844 7,690 49,329 13,232 117
Staff training and welfare Other costs	4,182 2,811	100 2,799 1,368
Total expenditure	513,497	420,913
Net income	132,865	101,528