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 Sialei￿ClII 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 comp￿￿11Y was e￿ablIs1]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 lilem￿r. 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.1￿1.1¢11lL. I)usii?LS% CYPLI'ILnce aiid IoLdl auiliiiri(y LAPLI'lillc¥. All Ilie dirL'Llor5 rflre rL'4uired io submit the1n￿1Ve5 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£'s￿￿￿￿1hJl 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 -fr￿1￿pOrt 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, coiild rL'aSOI?ably be exp¢ci¢d w iiiflLieiicc ¢coi)oinic decisioiis of U5Lr.s lakei) 01) tli¥ basis ol. Ili¢s¢ riiiaiicial sialLthciIts. 'l-he cxleiil lo ivhich our pi'occdiircs are ¢upable ol'deiedin8 iriLgiilarili& incliiding liniid. is dc￿lled beloiv. A Illrtlici. desci'iption ol'our r¥spoiisibililics IS (Ivnilablc 011 Ili¢ financial Ileportiiig Couiicil's ivebsiic ul.. hiip5'.l/%viiryi'.frc.oi'g.Iikl aiiai(oi'tsi'¢six)ll5ibililics. -I'liis d¥'s¢rii)liuii form.s pari ol'oui. auditovs rcport. Use of oui. r¢port This iepoi'L is Inad¢ solely lo ili¢ cliuril>' s irusiecs. os a body. in aLcordaiicc willi part 4 0l.ihe Cliai'iii¢s IAccoLllllS aiid RLporis) Rcgiilaiions 2008, Oiir 41udit woi'k hÉl5 IK'en uiidcfl41k¥ii so dial ivc iiiiglii 51al¢ th thL Lliari(y's tri￿(eeS Iliose miiiiei's ivc ai'l cuircd io staLe to tl)eill in ali audilof's Itport ai)d lor 110 OLI￿1. purpo￿. lo the fullest CYLLI)L pei'iiiiiiLd b), law. li'¢ do 1101 &ccci)I or 1ssiiIMe rLspoiisibilily to aii)'oi)L Othcr ihaii Il)e ehariiy and the charily's IrusieL's a5 0 IKidy. for L)ur audil ii'orl lor Il)iS IL'pori, oi. foi. LIIL opiiiion5 we Iiavc lorincd. Juli11n Frnn¢i$ FCA IS¢nior Statutory Auditor) for Thn(l on beliAlf of FrAncis Jamcs & Purtners LLP Chartern(l Accountants Stlltulory Auditor 1386 Loi)don Road tkigli on S¢a CiigliiipalliL% 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 s￿l¢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 SI￿1[LI)IC￿t.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 Re￿1.1]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) 0￿ratiO1)￿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 I￿lICh Coi)[ribu￿ ￿ Inoir t1￿17 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 i￿lIe 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 MO￿1. 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 de￿￿rIMi17ld as ili¢ dilTercnce bLiweLlI IIK sale pioceed5 aiid Ilic ari)'ing Viilue ol. lh¥ 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