Charity registration number 1113449 Company gIStratIon numbci. 05563814 (Englind lliid Wales) WYVERN COMMUNITY TRANSPORT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
WYVERN COMMUNITY TRANSPORT LEGALAND ADMINISTRATTVE INFORMATION Triistces JB¢ry E Dray G Diyliursi J R Liiml W Johnsoi? G Isaacs Pmay Cknrily iiiinibei. 1113449 CtsmpsLny number 05i63814 Reglstored 0¢¢¢ TIK. Whitw House R¢ar ofcnuncil oifices Kiln Ro¢id Tliui)deTsley. Bciifleei E55CX Enoland SS7 ITr Au(lilor Frai)cis JainLS & Partners LLP 1386 London Road Lcigli on Sea Cnglaiid SS9 2UJ
WYVERN COMMUNITY TRANSPORT CONTENrs Page TrnsieLS r6pori SialeiClII ofiruslecs rcspoiisibiliiies Independeni auditols report Siatcnienl of fii)oncial aLliviiies B(Ilanc¢ sl)L'CI Nol¢s lo Ihe linancidl siat¢iiienis 8- 13
WYVERN COMMUNITY TRANSPORT TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 Tlie ¢IiL8l¥¥S ivlio also directors of Ihe charily for Ihc piirp05e ol. (he CompaniLS Act 2006. pK'5eni their I'LlXlI'I iyiil) Ilie rii?lli)Cl?c I Sl<1(eiiiei)Is of (lie cliurii)I for Illc year ended 3 l March 20?4. Thc tr(Istecs liai'L adopLL'd iliL proiii5ions of AccoLlI)ling nd Reporting by Charilics.. Siai¢ment ol. RLcommended practi applicuble io chai'iii¢s pi'ep¢ll'ing Ilieii. accniiiils iii accordaiice Iviih Il)e Fiiiaiicial R¢porLlI)g Siilndard applicable in the UK nnd R¢public of Ircland IFRS 102) {cffeclivL l Janu1¢ ry 20191. Obje¢tivtS 41nd %ctivitie5 l-hc objectlVL ol. Il)¢ clicl1.ily is 10 provid¥ 1¢ Call)I)IIIIIIIy Lniispurt 'èVIL¢ for ilie resideiiis of IhL Districl of RoLlifurd. CasilL roiiil and Ilie sutTuunding aicas ivl?o arc in iiecd ol- sueli a scn'ice bcLause ol. age. sicLiiess or di.sability {Ill¢llLal oi. pliysi¢al), verty, oi. bec1T IISL of 1& luck ol-available, adeqLlli lty aiid sufL publiL Iraiisporl. I"hc ti'uslees hav¢ I'efeTred io ilie guiduiice coniaiii¢d in ilie Cliarity Coininission gencral giiidaiicc 011 Ilie Pliblic bciiLfil ivheii I'eviciviiig the aiiiis £111d objcciii'cs and in Ilie plaiiiiing or ruturc activiliLS. TI1¢ (Ivslecs alivaj's coiisidcr lioiv (hcir iJlani)ed ucLiviiie5 Ivill contribLIt¢ lo ihc ov¢ri'iding qiims and objeciives. Achievemenis pevformance '11c ch£iril}' hus conliniicd Io PlDgrcss its serviccs during Il)e year, alihougl) pllsseiiger iiuii)krs hyvc Still iini clied pre- CJVID levels. 'fo ¢llcclii'cly nianugc oll-goino groivili. ¢l)L cmplo)'cd Siafffing l¢vcls hav¢ beLn ii)Lr¢ased ll?iili Ilic ai)poiniiiiei)t of 41 Dcpiiiy fi4inspori Maniiger aiid uddiiionul Booking Clerk- duriiig ili¥ lilllun)n Dl. 2023. Willi Ui¢ h¥lp ol- gi'uiil rLmdii)g aiid pi'Lid¢iiily InaiiagL'd liiiid resLrv¢s. Ilic cliai'iiy il'as ablc to piircliase a nLW168 plaic) 17-.sca.r VLI)icl¢ iii JLily 2023. T11e ch41riCy has six miiiibuses adttplld for the &ife Ironsport of disabled P¥ople. suppoi1iiig OLtI' coiiiinui)ily Ii'ai?spoi'l Scivi$. Tl?e Cliai'iiy's (IcLiviLiLS inellidc lrniisporl da), care centrcs or oihcr social cair clubs, la¢ilithiii)g i)LCL'SSary sl?01)Plll8 (l'ips aiid rnmily Visils Iliioiigli (h¢ dial-1L-ride scliLlll¥. lliedical appoiniillLliiS aiid SO¢ii¢ I car sch¢inL. 'ri?c cliariiy coiiIii)Iic5 lo pi'ovidc a dial-a-ride servilc foi. slioppei's ai)d LIK. sl)oppcr bus sciwicL' oli Caiivey l.slai)d {DAR731 COllliiiLies (o opciulL 5 day.q li WL'Lk. Thc liui'ily's ii'ork hus bci)cfi(cd ih¢ cld¢i'ly, sick, lliid disoblcd iviiliiii Ilie Roclil(Ird Disiricl aiid Casile PoiiiL Boi'o(Iglis, providiiig iiidci)ciidenLc Il)rougli ii)crea.%ed mobility. The chlirily continues lo work wilh likc-lniiidcd oiEaiii5aiioiis lo bi'iiig 4lboiil a giraier covcra¥¢ and clliciLncy ol. service. Finanei81 revieiv I'lie chai'ily's pi-iiicipal liinding is received froni Css¢x Couniy Council and Cusilc Poini Boroligl) CDUI)cil. lo piDvide a coiiiiniiiii(y Innsport schcinc lor (l?¢ Ro¢hlord and Castle Poiiit disLricis. Thc cliariiy also r¢ccivcd liinds fi'oiii a sinall IiLlI))ber ol-gi'anl making ¢liai'iLILS ¢iiid Iriisis. E&Eex Counly Coiincil htts conlinu¥d ¢0 liind Ihc choriiy at the previous ycllrs, and we ar¢ gi7lelul lor iiicir contiiiued ba¢king. Tl)¢ cliai'ily liolds iio ii)vesin?¢ni& oilier Iliai) its work-ing capithl. hcld as casli ai bank. Plans for futur¢ period5 Tli¢ cl)ai'iiy Miill coiilinue lo endeavoui. to grow ils scrvic¢b (o Ihe residcnis of Ihe districls of Ro¢hfoi'd Cobil¢ PDini by proi1¢1ivcly proiiioliiig Ili¢ servi¢cs provid¢d Ilimuglioui (l)c arL'a and seeking lo Iiiaintaiii a fair and as01)abl¢ cliaigiiig strwliirc. ChullengLS do exisl arising fiom inli'asiru¢iurc and capucii), issu¢& There al'e also lactors aflecling dlinand tor SLr¥ices dui (o Ihe SqULCkC on public fiindiiig ai)d tl)e liioh busi1)C costs wliiLh incieases ihe ri%k ol. puslii118 UP Pl'lCLS to a ILvcl tl)klL Iis¢rs Cuiinol atlord. Structurei governance mAnageiMcnl The orgaiiisali011 is a ¢harilable compaiiy limited hy guarant¢c, incoipornled 01) 14 Sepiciiibci. 200) sjnd rcgisici'ed as a clj&l1'11}' oi? 28 Mi11'¢11 ?006. The comp11Y was eablIs1]ed und¢r Meiiiorandun) of A5sociaiioii wliicli csiablislicd Ilic ubjLCtives aiicl powei'.s of tlie cliai'ital)le conipaiiy wid is goverllLd undcr its Ai'iicles ol-Association. In IhL' ¢i'enl ol. tlie coi)Ipany beiiig il'ouiid p, iieii)bers arL Icqiiii'cd to coiiliibiitc ali ainounl Iioi Lxccediiig £ I per lilemr.
WYVERN COMMUNITY TRANSPORT TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 'l-he ti'iistees. who Lire c11su IhL dir¢clors lor ihc pur*Se of comp¢lllN' Idiv. aiid ivho sen'Ld duriilg (hL }'ear aiid up to the dal¢ nr signdture ol. IhL Ilie linancial siatciiienL% were.. J T4Lrrv CJ Diyhiir.8t J R I,unilcy V .lohiison CJ l.%aaLs i? Muy 'IThL Lharity aims li) LnsurL' thai ris iru.stL¢.s arc able io bring a raiige of ditTLlflii ski115 11) Il)¢ IxTrdi'd. li tliLiilorc l(IDks lo iYLruil Ii'u%lLL% InTrni tliL local Loniniuniiy, io inLludL Ili()se H'iih trai).%port L.11.1¢11lL. I)usii?LS% CYPLI'ILnce aiid IoLdl auiliiiri(y LAPLI'lillc¥. All Ilie dirL'Llor5 rflre rL'4uired io submit the1n1Ve5 for K'"LILCtiiTrii LuLh L. -I-IIL da). i() dav running and mai?agLmeni Dl-lhe charit). is ihe rL'spon%ihilil!' of IhL dirL'¢I(Ir%. ii'liu cifL al.%0 Il)L Ll)dl'll)' Ii'ublLL% l()r tli" pill'w.. (Il. Lliurii! Idl-. 'l-he dirL'Llc)rs arc r£'s1hJl lor iifcniilj'in&> und app()intiiig s(iill' InLinhLrs, io M'l)Iim s()niL Ill. Illl 11spLLls ol. IliL ¢()Iiipaii) s LharilablL work is del¥galLd. AII IILW Iru.4tLL.4 £irL pruvidLd willi dLiails ()r iliLir r¢5P()nsibililie& by w'ay of ihL rL'ILvaiii C'l)driiy C'()Inmi&8i()ii ILallLLs. l."urtliLI' Ii'Jinin&> 18 avdil¢iblL io anv trusiL¥ Ii'ho iyishLS to 'ClI1.L It. 'l-Ik' Lh£ifii) 1.% u mL'mb¢r i)I' Ci)miniinili, '[ rdnsport A%SOLilltii)n Ichariiy niiinlk'r 10022221, and is rL'4UiI'Ld Iii miiiiiiiiiii ils InLiiihLrsliip uiidLr il.s ArliLILS l)l-A.K%o¢iatioii. -l-hL Lruil¥L% IiuvL a (luly lo identity und rcvieii. IIIL risk.s to th.IIiLli ilie cliurily is expusLd aiid lu ¥n.surL' dppri)pi'ial¢ L()llir(Il% ail in plJLI li) pri?vi(IL fL'&l.S1)nJblL JI.SLifJi)LL iigai1151 Irdlid diid Lrroi.. 'rhL trustiL.% Ill) IindL'rtakL fLgLilar risk 47.1S¥.ksm¥iil rLVILh'% L()VLriiig ihL ¢hdfiiy's ()rKnilii)iiul. sifil(¥giL. ILgdl. in.sui'allLL (iiid Liii.)I()}'IllLiII ri.%ks. aiid wliLfL' cippropridle. SySl¢lTlS l)r proLLdurL'.s l?avL tK'LI) LslablisliLd (o n)iligalL Il)¢.8e risL.%. l) ccii?iidLfdllllll is givL'n lo ihe saf¢l>' of it.s pass¢n¥L and st4ilT. lu Ihiniinisc ribk.s. Auditor In ¢l¢LiirdanLe ii'iih thl company'.8 article& D r¢soluiion pn)pusing thui Francis JainLs & I'anncrs1.l.P bL rcapp()inlLd (Is auditiir (if IhL C()IiiP¢lliy will be pui 111 a Cieneral McLiing. -l-hL trustL¥S rcport 'll dpprovL'd b}. lh¢ f4odrd of-l ru.siees on 2b" oclcb4r 202+ J R l.uiiilLy Chair Date..
WYVERN COMMUNITY TRANSPORT STATEMENT OF TRUSTEES RESPONSIBTLITIES FOR THE YEAR EIYDED 31 MARCH 2024 'rhe IiiisiLes, ii,ho ill'e ¢ilso the dircciois ol. Wyvern Coinmui)ity -fr1pOrt for Ihc pUr)Se ol- coinpai1)' lai¥. are Irspoiisiblc fnr piep£1riiig Ilpe .1 Tusltes RLpofL ai)d ilie linlliicial Slalcnienis in accordaiice H'illi applicable law aiid Uniicd Kii)gdom Accoui)tiii Siondurds Iuiiiied Kingdon) Geilei'allv Acccpied A¢coiiniii?g PrnciicLI. Conipaiiy L.aii' I'CqLllIES thc Iruste¢s Its prepare fini1ncial staLnicnts foi. eacli finaiicial ycill. Ivhicli givL a Llltc an(1 laii. view ofii?c ElaiL Ot al'laii's uf ihe cl)aritl¢ ble ¢ompaiiy aiid ol. Ilie inconiii)u rcsources aiid applicaiioii of r¢suurccs. ii)cludiiig Llic inLoiiie aiid exp¢nditLire. ol'ihe ¢h1I I'ltablc company loi. Il)ai year. Iii i)I'ci)ariiig Il)CSL Iinai)Cl<il Sliilem¢nis. Ilie iruslees air requiiEd 10: scjcci suiiable accouniii)g policies ai)d ih¢n apply iliciii consi51enily' obscrve thL Ineiliods and prii)eiples iii tl)c CIIAriiies SORP: make jiidgeiiici)ts ai)d esliiiiales Ihai are rtasonable aiid pi'iid¢iii- ststte wl)¢iher applicablc UK AccoLIII(ing Siandords havc bccn followcd. subjecl to an), marIal depai'liiiES diselosed and ¢xpIRined in Il)e Iin1¢nciul Sidtcmenis: und rL"parc Il)¢ linaiicial staiemci)is 01) 111¢ going concern basi5 unless it is iiiappropriai¢ pr¢suniL I[1 Ll)c cliai'i(abl¢ LOII)l)al)J' will Coliliniik iii operalion. 'rhe Iiiistees ore rcsponsiblL ltir kccpiiig udL'qiiai¢ a¢¢oiiiiLiiig fecoi'ds Ihiii disLlose ii'iih I'Lusoiiublfy acciiracv iii aiiy Liine Ili I'ii)aiicial i)OSllioii ol. Ihc cliarilli ble ¢oi)Ipany ai)d ciiable Iheni lo ciisure Il)al ille fiiiancial staieiiiLIIts Loinijly iviil) Ilie CoiniM)Iiies Atl 20U6. Tl)¢y ai'c also Irsponsiblc fi)I' S£ife8Uill'ding Ihc assets ol Ihe chai'ilabl¥ conipony thiid hellcc loi. iiiking ieasonttblc s&'ps lo-. ilic i)rcvLllLiOli and IleicLlioi) of fraud and vihLr irrcgularili¢&
WYVERN COMMUNITY TRANSPORT INDEPEI¥DEiYf AUDITOR'S REPORT TO THE TRUSTEES OF WYVERN Com(uNITy TRANSPORT Opinion We Iiuve (wdiied Il)e financial slaicn)enis ol. lllyvei'n CDnimiiniiy I I'anspoii {IhL 'chai'iillble company.) lor lh¥ yLaf LndLd 31 arcli 2024 iyliich coniprisL' dic siaiemLI)t ol. linancial aciivities. Ihe balaiic¢ shc¢i and ihi iioies io ili¥ liiiancial slai¥inents. incliidiiig signilicaiii <iccoiilliiiig policies. The liiiancial reporling Irumeii'ork tliai beeii applied in theii. pirpaiatioii is ai)i)Iiciih1e12 W.11)d Uiiited Kiiigdoin Accuiiiiiiiig Si?¢ ndai'd& including FRS I O? 'l-l)e fii)c111cial Repoilii)g Siundllrd ai)pli¢<iblc iii thL UK aiid Republic ol Ii¢laiid" Iunitcd Kiiigdoni Gei)crally Ac£cMed Aceoui)tiiio Praciicc). In OLII. opiiiion. the fiiiunciol SlaicmLnts-. give a true aiid fair view ol. iiie Sla(e of ilie cliai'iiable con1pan5 a17aits as ai 31 Marcli 2024 ai)d ot ils in¢on)iiig iYsoiirc¢s and npplicaLion ol'resolii'e. lor Ilie J'eai- Lheii LiidLd: have becn Orl'lY pr¢paY¢d in a¢cordllnce iviili Uniled Kingdom Gcnerdlly Acccpied A¢coLinling l) have b¢cn picpar¢d in accordance ii'iil) Ihe rcqiiiremeiils of Ihe Compani¢s Aci 2006. raciice- aiid BAsi5 for oplnion Wc ¢onduLic(l our uiidil ill accordance wilh IIiiciii&iional Siuiidurds on Audiiing IUKI IISAS (UK)) aiid t¢ppliciiblc Iiliv. Our rcspoi?sibililies Iindej. Ll)ose siaiidi11.ds al'e r(IriliLr d¢scribed ii) Ili¢ Audiloj's its1li51b1llie.f Joi. Ihe audil of ihe ]iii(Jiicial sijleiiieiii.I secLioii ol'oiir repori. WL are indci)ciideiil ofilic cliariiablL ¢on)p81))i ji) aecordaiicc ii'itl) IliL Liliical Irquii'einciil.4 Ilial rL' ri"Icvaiic lo oiir aLidil ol- Il)e fii)llii¢inl staicnibiitl in Il)e UK. incliidii)g ilie fRC's Eil)ic¥tl SL&iidai'd• 4iiid li'e havty fullilled our oilicr eil)ical rL'spon8ibili(ies iii 41c¢ordanLL wilh tlic5L' r¢quirciiienis. We beliLvc ilial Ilie aiidil cvidLnLC iv¢ l)uvL ol)laiiicd is siitriciciit aiid uppropriai¢ ID provid¢ a bysis for oui. opiiiion. Concliisions rol•lting to ¢woine conce). Iii aiidiliiig Ilic fin<lf]cial Sluli'mcnis, Ivc liave ¢onclLided iliul Ilic irnstces use of ihe goiiig coilcci'n basis of aLwuniiTtg in Ilie prL'pai'aLlOlI ()f IhL Iii)an¢ial SlaiLmLI?Is is api)ropriaie. Based on Il)c work we Iii£ v¢ pcrformcd. li'e liai'¢ not id¢i)lificd aiiy mai¢rial uiiccrtllll)(ies Jelaiii)g lo cv¢nls or coiidilions Iliai. iiidividiknilly oi. collcclively. may cus¢ signilicani doubi on tliL chariiablc coinpony's abiliiy io conLiniic (Js a going coi)cci'ii loi. period of471 l¥ust iwelve montlis froin ivhln the fin41ncial Sla¢emL'nis arc lliiilioriscd for issue. 01 responsibiliLies uiid th¥ rcspoii$ibiliti¥s of the tnisi¢¢s with ii'sp-ci io goiiig concei'n are dcsLI'ibLd iii Ilic Irl¢v<i111 S¢Llions ol'Éliis r¢i)ort. Othei. inforinalion 'riiL Otlici. ii)forniaii011 coiiipl'iscs ihe ii)formaiion includcd ii? tlic ani?ual report ollici. Iliai? Ilic fiiiuncial .%(&iL IIILiils arid oui. Iidiiols IEpoi'L il)cr¢oii. ThL IriislL¢S flfc Irspoiisible for t1 oihcr iiiloi'iiiaiioii COlithiiiL.d H'iiliiii Ui¢ aiii?Iial i¢p(Irl. Oiir 01)iiiioii 01) Il)c fiiiaiicial .slaieniciits does i)ol covcr ihe oil)cr inforinalion aiid ive do no¢ cN'pi'¢5s aiiy fonii of a5siil.ancc conclu.sioii tliercoii. Oiii. rcspoiisibiliiy is iu Irad Ihe oth¢r inforniaiioii ai)d, iii doiiig so. L01i5ider ii'h¥ilicr Ihe oil)¢i' iiilckn7ialinii is Iiia*i'ially incoiisi51eiiL wit17 Ilie linan¢i<il stftlenieiits or ovr kiiowlcdgc ob(aii?eLf in il?L COUI'SL. of Ilic audii. oi. oilierwis¢ ai)p¢llrs lo ix In¢lriallY Iiiisslalcd. Il. ideniify sucl) miiiei'ial inconsisicncies or appor¥'iii ii)olei'ial missiaicnilnis. Ivc dTC iequiird io delLI'miiic ii,licilier this givcs rise to a Inaicrial Inissi£11eiiieni ii? Il)c fiiiancial slaiciTieiits IliciMsclvLS. Ir. bcised 01) Ihe H'oi'L we havL pei'lorm¢d. Ive coiiclud¢ thai ille is a nialerial n)issiai¢m¢ni ofiliis oihci. inloiinoiioii. Ive arc I'couired to report ihat la¢1. We iiave iioihing lo report in (his regai'd. Mlilers on which iY¢ are rcquired to report by exception W¢ Idve iioiliing lo I'epoi'( in rcspeci of the l(Illoii'ing matlers in relaLion lo ivhich ili¢ Cliarities (Ac¢oLlI)t5 ai)d Repoi'¢s) Regulatioiis 2008 rLqiiir¢ us lo I'¢port 10 yoii if. iii our opii)LOII'. Ihc inloi'inM(ion giv¢ii in the fiiiaiici111 statcmu'nts is i1)consisli1 in any malerial respL¢I Miith tile Inisiees r¢port: or siifrlicieiii accollllting records have noi teeii kept. or tlie fii)aiicial slatLn1Liits arc iioL in agr¢Lmci)l iyiili ihe accounling r¢coi'ds- or i¥e liavc not re¢eivLd ¢ill thc iiiforiiiaiioii and explai)alions we rL'quire tor our audit.
WYVERN COMMUNITY TRANSPORT
INDEPENDENT AUDITOR'S REPORT (CONTIIYUED)
TO THE TRUSTEES OF WYVERN COMMUNITY TRANSPORT
Responsibilities of trusiees
As explaiiied nioi'¥ fully in cl)c siatcnieni ol- Iwblccs spOIL$1b1Il(l¢$. Ihe LlllSleLS, Ivho arL ulso IhL direeiors of tli¢ L'liai'iiabl.
cr)Inpai))' foi. tlie piirposc ol'cninpaiiy laiv. Jrc r¢spon5ibl¥ for tJi¥ preparuiioii of thL fii)an¢ial siolLmciiis 11nd loi. beii)g salisfiLd
tlia( tliey give (I Ii'iie an(1 lair viciv, and loi'.%iich inicri)al conlrol a5 the irUSe$ deierniiiiL is iiecessuiy io ei)ablL ihe prcp
WYVERN COMMUNITY TRANSPORT STATEMENT OF FINANCLALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrtstricled funds 2024 Restricted funds 2024 TotAI Unrestricted funds 2D23 Restricted fun(Is 2023 Total 2024 Notes 2023 INconJ¢ from: Doiiaiioiis ai)d leg?¢ ¢iiS C51<1riliible acLiVILICS Ii".vcsLiiienis 141.504 i3.246 671 141.504 33.246 671 146,141 27.215 189 146.141 27.215 189 Total Iiieome 17i.421 17i.421 173.545 173,54i Eypenditure on.. Charilabl¢ aclivities 221.465 221.465 202,575 202.575 Totnl expendlturc 221.465 221.465 202.i75 202.575 Nel expenditure (46.0441 (46.044) (29.030) 12().030) Ti'ai)sl¢rs belivccii funds i 0,000 i 0.000) Net mov¢ment in funds 136,044) I i 0.000) 146.044) 129,030) (29,030) RetoiiciliAtioii ijf fiiiids: rLmd balon¥5 aL l Api'il 2023 100.7iO i 0,000 110.750 129.780 i 0.000 139,780 Fund balAnees at 31 Marcli 2Q24 64,706 64.706 100.7iO i 0,000 110.750 Tlie st1i tenieiit ol. linancial acliviiies incliid¢s ull guins w)d 1055¢s recogniscd in Ilie ycar. All iii¢ome aiid cNpeiidiCiii'c doi'ive trom ¢oi)linuiiig acliviii¢s.
WYVERN COMMULNITY TRANSPORT BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Notes Fixed asset5 l iiigible assets 10 42,8811 Current assets LKi%h ai bdiik aiid in hand 23.¥06 110.949 C.ri'(litors: #wnounts falling due within one ytAr 11.980) (11.8()Q) N,.t Lurrcni absets 21,826 9(),IlXg Total assets less eurrent li#biliiies 64.706 12 64.706 64,706 I I n,750 TE'L ¢l)Inpany is LiILiilLd lo Ihc ¢¥L'inpiion Irom ilic audil rL4uifLiiienl Loi)iaiiiLd in scLlion 477 01. (l)L Li>iiipalliL% Ac( ?1111(). l(Ir IIIL year Liidcd 31 Mdrch 2024. although kli) dudil has IKcii curriL'd i)ul undlr 'll10n 144 of IliL LliuriliLS ALI 2U I I. ThL dirLiiofi dLkiiowlcdgi thLir r¢sponsibiliti¢s for Loinplying with Ihc r¢quirL'inLiiIs 1)f ihL CompaiiiLS Act 211116 willi r¥spiLt Li) (iiLountiii&> rL¢I)rds and LIIL pfL'para(i()n ol- linanLial SiaLLIIILn(s. TIK. mLmhei's have nol rcqiiin'd IhL lompan lo ohiain (In uudil of 115 linancial sl¢M¢n under ilie requirLn)Lnts ()i- th L('.iiii?dlllLS ALI ?1106. lor IhL )'Ldr in qLIL%LlI)n iii accorddnLL Il'lth SL'Llion 476. TIIL%L IiiidiiLI(11 SI1[LI)ICt.5 liave beeii prcpared in accordan¢e will) Ihe pmvisions applicablc to con)pdni&s sul)j¢¢i Lo IIiL siiiall ci)nipaiii1s rLxiinL. Tli.: linaiicial slateiiienis WLrc appmvLd by ilic Trusiees on 22 OcloLxr 2024 J R l..uiii Ckair Ji)l)iison Trustee Conipany registration number 0556J814
WYVERN COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Charity informa£i&n Wyvern Coi)Iiniinity Irailsporl is a private comi)unv liillited by guurnnl¢c incorpoiwicd iii fngl(In(l uiid Wales. Tlie lrgi5tci.ed oftice is 'fh¢ WhiiL Flouse. Reor or Council oifices. Kiln Rnad. Thuiiderslcy. Bciitlcei. Csscx. SS7 11-F. Eagl¢il)d. 1.1 Accounting Convention I"11 linancilll s(aieii)cnls have beLlI pi'eparcd ii) uccordan¢¥ IVltI? thc cl)aril¢ibli conipany's governing doc(Iinei)L Ilie Coii)paiiics Acl 2006. FRS 102 'The financial Rcportii)g Sthiidard ai)plicablL in Ilie UK and R¥i)iibli¢ of Ii'claiid" I"l.-RS 102.1 ancl Ilie Chai'iiies SORI) 'Accoiinting and Re1.1]ng by Clidriiics.. Siaienicii( ol. Recommend¥d I'r¢lCiice 1( ppli¢ablc to ¢liariliLS prcparing IliLir acLounis in 41ccordan¢c willi ihe l."iiiancial Rvportiiig Siaiidard 1¢ Pl)licablL' 11? tl)c UK ai)d R¢p(Iblic ol. Irclai)d IfRS 102)" l¢lleLtivc l Jaiiuary 2019). The cliai'ithblc conipany is u l)iibli¢ Bcnelil Eiili¢y os deliiicd by fRS 102. IThL cl?eriiciblc ¢ompan)I has tyk¢n lldvanlage of provisions iii Ilic SORP for ¢liai'iii¢s i)0( lo prepair a SIiiiLlii¢lii CR511 FIou'5. Tlie Iii)ancial Slaiemcnis havc b¢¢n pffpored undcr Uic historical cosi conv¢nlion. The pi'incipul Mceoiiniii)g polici¢5 adopled Sel OUL I)Llow. .2 Golng coiic¢rii AL rl)e Iiin¢ ol. appi'oviiig thL fii)aiicial slaLLinii)ts. Il)I II'USICLS hav¥ 11 r¥'asoiiablL LXPCCtaLioii LI{ Il)c chai'ilablc compan), lias adcqiia(L i¢.soufLCS lo coiilinue ii) 0ratiO1)l eYisi¢nLe for tlie Ioi'Lsccablc lulurL'. 1.lius ili¢ ii'usi¢cs ¢oi?Linuc Io Iidopl Ili¢ Boiiig Lonc¢rn b¢iSiS ofaccoui)lii?g li) pr¢pai'ing Il)c linai)ciul siaicm¥iiis. 1.3 CIIArit.Ibl¢ funds Uiircs11'iciLd luiids ar¢ available for use Ri Ilic di%'rciion ofihe Irus1tt5 in fiinlierance ofihcir chariiable objcclivcs. Rcsirictcd liinds subjcci 10 specific condiiions lry donors or graniors as lo lloiv Ili¢y Inay bc us¢d. Tl)¢ piiipos¢s and uscs ol. (he I'CSLii¢lcd fuiids are sel OLII in Ihe noies io Ilic fiiiancial sthtcmeiiis. 1,4 Income All iiicomc is I'ccoLFI)ised in Ihc Siaicmeni ol- Finiin¢ial Acliviiies once Ihc cliarily hlls cntiil¢nici)L lo the liinds, il is probi1bly Iliat th¥ incoimL will b¢ rcccived ai)d Ihe Jinount can bc niLasuird Kli¢1bly. 1.5 Expenditure E%peiidiliirc is LOgI11Sed oncL Ilicre is a legal or coi)Slruciivc obligalion trnn.%fcr econoiiiic b¢iiclil lo a Il)ird pariy. il is piiTrbcible thfil a iraiisf¢i' ol- econoinic beiKfiLS ivill bc qUired iii s¢iilemciiL aiKI Ulc KllnOUIII ol. IhL obligutioii cuii b¢ In¢asured iyliably. I:xpLiidilure is classified by actii'ily. Tlic costs of cach aciivily ai'c ni¢ide up of the loial of dirccl sts and slii£ lyd costs including support cnsis ini'olvLd in iindertic Ling each acliviiy. DiiL'C( cosis Illli'iblitsble io a siiigle o¢livily att dllocaiL(i diiecily to thai acLiVitv. SharL"d ¢OSls IlICh Coi)[ribu Inoir t117 one aciivil), and support cos15 IvI)ich air Iiol alli'ibiilablc to a single QCiivi(y air appoi.tioii¢d t(cen those &ctiviiies oil a basis c01151siriii ii'iili Il)e LT5e ol'resoui'L¢s.
WYVERN COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EIYDED 31 MARCH 2024 A¢counting politi¢5 {Continuedl 1.6 Taiigible fixed assets laiigible tiycd assets al'c ini(ially m¢asurcd cosi aiid 5ubs¢quenily measurcd al COA oi. valualion. iiei of dei)IEcialioii and aiiy impuirnieni losscs. Depreciation is reeogiiised so to ilIe off (he cosi or valuAiion ofasscts Icss Ilicir rcsidual valu¢s over Ilicii. 11.scftil livcs on (lie tolloiving bas¢s'. riYiLircs ai)d Iiiiings CI)IllPLilers MO1. I'chicles 15% rcdLtcii)g balaiice 330A oli ¢osi 2i°A Irducing balanc¢ Tli¢ gail) or 1055 (Iri5ing on IliL disposal of Ali asscl is derIMi17ld as ili¢ dilTercnce bLiweLlI IIK sale pioceed5 aiid Ilic ari)'ing Viilue ol. lh¥ <IS.1. and is ii"cognis¢d in il)c siai¢mLni ol- linoncial Uciivilies. Inconi¢ from ¢loiiA£ions And leg¥cies Uiiresti'icteil fyiids 2024 Uiirestriete(I fuiids 2D23 Dona(ions lind gifts MLmbcrship lecs 141,256 248 145.921 220 141.i04 141),141 Charitablc activities Charit•blc in£onie I Cliarilable iiicome 2024 2023 Joumey coiilribulions 33.246 27.215 Income fTom iiivestmeiits UnTe5trietcd Unrestrict¢d funds fun(Is 2024 2023 Intcrest rec¢ivablc 671 189
WYVERN COMMUNtTY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Expe(1]lUre on chqrilable aelivitie5 HeAding
11 c982
2024 Hei)(ling
Ac982
2023 Direct cost5 Siatfcos DeiJre¢iatioii aiid impaii'inent Otli¢c equipm¥ii( Insiirai)CL Premi>Ls CObt5 T¢lcplion¢ Posii1gc. Slatioiiery and advcriising I raiiiiiig c¢)sis S(Iiidri¢.s Mini blis L Ypen&es Ti'avel cYp¢nses Bai)k cliar8¢S 131.348 14.446 4.204 9.830 21,653 4.798 1.928 131.453 3,1179 2.904 12.924 3,390 3.524 494 3.347 24,4)2 2,577 597 3,105 20.720 2.749 717 215,498 196.992 SlIMI'e ofsuppoi't nnd governi1nce costs (see note ) Govcrnaiic 5,967 5.583 221.465 202,575 AnAlysis by fund Uiii'¥SlI'icted liinds 221.465 202.i75 Net Jnoveinent in fuTrds 2024 2023 "rhe nei iiioveiii¢ni iii fuiids is slalcd ail¢r chargiiig/(cT¢diiing)= Deprcci4tioii ofoiyiied tai)giblc fix¢d a&scts 14.446 3.879 TTUStee$ Noi)e ot- tlie tiNslecs Ii?or ai)y ls01 coiinccl¢d ivitli ilicml received any Irmunci7tion or bcnelils liY)ni ilic cl)ai'itlll?l¢ COlmP(Iny during Ilie year. Employee5 TIIC <lVCI'a8e InonilTrly nuniber ofeniployees duriiig Ihe ycar iYas= 2024 Number Z023 Numbei. 10-
WYVERN COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CorINUED} FOR THE YEAR EfqDED 31 MARCH 2024 Employee5 Icontinucdl Employnient costs 2024 2D23 Wages and s4larics 131.348 131.453 Thcre ivcre iio ¢ip10yeeS wl)TrSL' aniiiiul rL'muii¥raiioii was Inore iliaii £60.000. Taxation The cliariiy is ¢xcnipi Iiom laxaiion orb lis OCtIYlli¢s becuu5e ull ils incomc is llpplied foi. ¢liuriublL PUI'P05es. 10 Tfiiigible fAxe(l assets FIXI15 51n¢J Coi)Iiyul¢Y% MTrior Yclilclc¥ Tfjlal Cost Ai l Api'il 2023 Additions 10.545 16.985 165.344 45,665 192,874 45.66) Al 31 Mar¢li 2024 10.545 16.98J 211.009 238.539 Depreciation and impAirment Ai l Api'il 2023 DLI?r¢cialion chargcd in Ilie year 9,Oi7 223 16,636 349 155.520 13.874 181.213 14.446 A(31 Moi'cli 2024 9.280 16.985 169.394 195.659 CAI'rying amount AL 31 M£ircli 2024 .265 41.615 42,880 Ai 31 Maicli 2023 1.488 349 9.824 11,661 11 Creditors: llniounts falling due iviihin one yeAr 2024 2023 Accruals and deferi'¢d ineom 1.980 11,860 11
WYVERN COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Analysi5 of net assets beiween fmnds Icontinuedl Unresti'ieted funds 2023 Rtstricteil fulids 2023 Toti)I 2023 At 31 Marclt 2023: Taiigible a5SCL8 Curreiil osscts/(liobililies) 11.661 89.089 i 0.000 99.089 100.750 i 0,000 110,750 IJ Relllted Piirly trAnsfj¢tions Tliere w¢re i)0 disc105able rclaicd parly trni)suclioi)s durin8 ihe ycThr {2023 - noiic). 13-