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|||Page||
|---|---|---|---|
|Reference and Administrative
Details||||
|Report ofthe Trustees|2|to|5|
|Report ofthe Independent
Auditors|6|to|8|
|Statement ofFinancial Activities||||
|Statement ofFinancial Position||||
|Statement ofCash Flows||||
|Notes to the Statement ofCash Flows||12||
|Notes to the Financial Statements|13|to|21|
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|||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|F|||F|
|INCOME AND ENDOWMENTS||FROM||||||
|Donations
and legacies||||5,694||5,694|1,484|
|Charitable
activities||||||||
|Charitable
Activity||||769,975|30,550|800,525|915,331|
|Investment
income||||32||32|56|
|Other income||||62,802||62,802|1,525|
|Total||||838,503|30,550|869,053|918,396|
|EXPENDITURE ON||||||||
|Charitable
activities||||||||
|Charitable
Activity||||740,110|5,677|745,787|935,797|
|NET INCOME/(EXPENDITURE)||||98,393|24,873|123,266|(17,401)|
|Transfers
between|funds||19|14,'I63|(14,163)|||
|Net movement
in funds||||112,556|10,710|123,266|(17,401)|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||105,976|2,390|108,366|125,767|
|TOTAL FUNDS CARRIED FORWARD||||218,532|13,100|231,632|108,366|
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||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|funds
f|funds
E|funds|funds
E.|
|FIXEDASSETS|||||||
|Tangible assets||13|17,180||17,180|9,205|
|CURRENT ASSETS|||||||
|Debtors||14|121,937||121,937|114,623|
|Cash at bank and|in hand||174,973|14,207|189,180|79,732|
||||296,910|14,207|311,117|194,355|
|CREDITORS|||||||
|Amounts
falling due within one year||15|(45,558)|(1,107)|(46,665)|(95,194)|
|NET CURRENT ASSETS|||251,352|13,100|264,452|99,161|
|TOTAL ASSETS LESSCURRENT|||||||
|LIABILITIES|||268,532|13,100|281,632|108,366|
|CREDITORS|||||||
|Amounts
falling due after more than one|||||||
|year||16|(50,000)||(50,000)||
|NET ASSETS|||218,532|13,100|231,632|108,366|
|FUNDS||19|||||
|Unrestricted
funds:|||||||
|General fund|||||201,352|96,771|
|Designated
Fund|—Capital Reserve||||17,180|9,205|
||||||218,532|105,976|
|Restricted funds|||||13,100|2,390|
|TOTAL FUNDS|||||231,632|108,366|
##
|||FOR T|HE YEAR ENDE|D 31 MARCH 2021||
|---|---|---|---|---|---|
|||||31.3.21|31.3.20|
||||Notes|E|E|
|Cash flows from|operating|activities||||
|Cash generated
from operations||||71,616|17,183|
|Net cash provided|by operating
activities|||71,616|17,183|
|Cash flows from|investing|activities||||
|Purchase oftangible fixed assets||||(12,450)|(7,687)|
|Sale oftangible fixed assets||||250|1,333|
|Interest received||||32|56|
|Net cash used
in|investing
activities|||(12,168)|(6,298)|
|Cash flows from|financing|activities||||
|New loans in year||||50,000||
|Net cash provided|by financing
activities|||50,000||
|Change
in cash|and cash|equivalents||||
|in the reporting|period|||109,448|10,885|
|Cash and cash equivalents||at the||||
|beginning
ofthe|reporting|period||79,732|68,847|
|Cash and cash equivalents||at the end||||
|ofthe reporting|period|||189,180|79,732|
##
|RECONCILIATION|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|OF NET INCOME/(EXPENDITURE)|TO NET|CASH|FLOW FROM|OPERATING|
|---|---|---|---|---|---|---|---|
|ACTIVITIES||||||||
|||||||31.3.21|31.3.20|
||||||||E|
|Net income/(expenditure)||forthe reporting|period (as|per the||||
|Statement ofFinancial Activities)||||||123,266|(17,401)|
|Adjustments
for:||||||||
|Depreciation
charges||||||4,475|7,546|
|Profit on disposal of|fixed assets|||||(250)|(1,333)|
|Interest received||||||(32)|(56)|
|Increase
in debtors||||||(7,314)|(5,902)|
|(Decrease)/increase|in creditors|||||(48,529)|34,329|
|Net cash provided|by operations|||||71,616|17,183|
|ANALYSIS OF CHANGES||IN NET FUNDS||||||
|||||At1.4.20||Cash flo|At 31.3.21|
||||||F|||
|Net cash||||||||
|Cash at bank and
in|hand|||79,732||109,448|189,180|
|||||79,732||109,448|189,180|
|Debt||||||||
|Debts falling due after 1 year||||||(50,000)|(50,000)|
|||||||(50,000)|(50,000)|
|Total||||79,732||59,448|139,180|
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|||||||||31.3.21|31.3.20|
|---|---|---|---|---|---|---|---|---|---|
||||||||||E|
|Donations||||||||5,694|1,484|
|INVESTMENT INCOME||||||||||
|||||||||31.3.21|31.3.20|
|||||||||F|E|
|Deposit account|||interest|||||32|56|
|INCOME FROM|||CHARITABLE ACTIVITIES|||||||
|||||||||31.3.21|31.3.20|
|||||||Activity||F|F|
|Grants||||||Charitable|Activity|424,619|413,331|
|Fares||||||Charitable|Activity|363,548|485,816|
|Registration|fees|||||Charitable|Activity|12,304|16,063|
|Fundraising||||||Charitable|Activity|54|121|
|||||||||800,525|915,331|
|Grants received,|||included||in|the above,|are as follows:|||
|||||||||31.3.21|31.3.20|
|Gloucestershire||County||Council||||357,888|351,471|
|Social Services Transport||||||||18,309|41,472|
|Bus Service|Operators|||Grant||||15,372|15,188|
|Rotary Club|ofCheltenham|||||North||9,500||
|Tidal Training||||||||6,600||
|Basic Lottery|Grant|||||||6,500||
|Gloucestershire||Community||||Foundation||5,000|5,200|
|Barnwood Trust||||||||2,500||
|Summerfield|Trust|||||||2,000||
|Tewksbury
Borough Council||||||||950||
|||||||||424,619|413,331|
##
##
||F|F|OR THE|YEAR ENDED 31 MARCH 2021|||
|---|---|---|---|---|---|---|
|5.|OTHER INCOME||||||
||||||31.3.21|31.3.20|
|||||||E|
||Other income||||62,802|1,525|
||Government|grants received,|included|in the above, are as follows:|||
||||||31.3.21|31.3.20|
||Coronavirus|Job Retention Scheme|||62,802|1,525|
||||||62,802|1,525|
|6.|CHARITABLE ACTIVITIES||COSTS||||
|||||Direct|Support||
|||||Costs (see|costs (see||
|||||note 7)|note 8)|Totals|
|||||E|F||
||Charitable
Activity|||740,650|5,137|745,787|
|7.|DIRECT COSTS OF CHARITABLE ACTIVITIES||||||
||||||31.3.21|31.3.20|
||||||E||
||Staff costs||||434,468|504,046|
||Vehicle leasing||||141,530|143,858|
||Other vehicle|expenses|||86,244|133,469|
||Insurance||||2,131|2,174|
||Telephone||||9,765|8,803|
||Postage and|stationery|||3,826|4,326|
||Advertising||||4,437|481|
||Sundries||||778|1,622|
||Bank charges||||1,194|2,235|
||Property costs||||18,334|18,911|
||Computer costs||||14,064|22,753|
||Bad debts|||||229|
||Loan interest|||||17|
||Volunteer
ddver expenses||||19,496|77,795|
||Training
and|recruitment|||158|3,832|
||Depreciation||||4,475|7,546|
||Loss on sale|ofassets|||(250)|(1,333)|
||||||740,650|930,764|
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|||||||Governance|
|---|---|---|---|---|---|---|
|||||||costs|
|Charitable||Activity||||5,137|
|Support|costs,||included|in the above, are as follows:|||
||||||31.3.21|31.3.20|
||||||Charitable|Total|
||||||Activity|activities|
|||||||F|
|Auditors'||remuneration|||5,137|5,033|
|NET INCOME/(EXPENDITURE)|||||||
|Net income/(expenditure)||||is stated after charging/(crediting):|||
||||||31.3.21|31.3.20|
||||||E|F|
|Auditors'||remuneration|||5,137|5,033|
|Depreciation
-|||owned assets||4,475|7,546|
|Other operating|||leases||141,530|143,858|
|Surplus|on disposal of|||fixed assets|(250)|(1,333)|
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|trustee. No trustee was reimbursed
expenses
in t
STAFF COSTS|he year (2020:fNil).||
|---|---|---|
||31.3.21|31.3.20|
|Wages and salaries|410,617|477,280|
|Social security costs|18,274|21,021|
|Other pension costs|5,577|5,745|
||434,468|504,046|
|The|average
monthly
number ofemployees|during the year was as follows:||
|---|---|---|---|
|||31.3.21|31.3.20|
|Full|time|11|11|
|Part|time|28|32|
|||39|43|
|12.|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|COMPARATIVES FOR THE STATEMENT OF FINANCIAL|ACTIVITIES|||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
||INCOME AND ENDOWMENTS||FROM||||
||Donations
and legacies|||1,484||1,484|
||Charitable
activities||||||
||Charitable
Activity|||910,131|5,200|915,331|
||Investment
income|||56||56|
||Other income|||1,525||1,525|
||Total|||913,196|5,200|918,396|
||EXPENDITURE ON||||||
||Charitable
activities||||||
||Charitable
Activity|||917,958|17,839|935,797|
||NET INCOME/(EXPENDITURE)|||(4,762)|(12,639)|(17,401)|
||RECONCILIATION|OF FUNDS|||||
||Total funds brought|forward||110,738|15,029|125,767|
||TOTAL FUNDS CARRIED FORWARD|||105,976|2,390|108,366|
|13.|TANGIBLE FIXEDASSETS||||||
||||Fixtures||||
||||and|Motor|Computer||
||||fittings|vehicles
F|equipment|Totals
f|
||COST||||||
||At 1 April 2020||1,250|41,270|6,666|49,186|
||Additions|||12,450||12,450|
||Disposals|||(11,500)||(11,500)|
||At 31 March 2021||1,250|42,220|6,666|50,136|
||DEPRECIATION||||||
||At 1 April 2020||781|37,734|1,466|39,981|
||Charge for year||313|1,962|2,200|4,475|
||Eliminated
on disposal|||(11,500)||(11,500)|
||At 31 March 2021||1,094|28,196|3,666|32,956|
||NET BOOK VALUE||||||
||At 31 March 2021||156|14,024|3,000|17,180|
||At 31 March 2020||469|3,536|5,200|9,205|
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|||||||||
|---|---|---|---|---|---|---|---|
|14.|DEBTORS:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||||31.3.21|31.3.20|
|||||||F||
||Trade debtors|||||66,975|66,160|
||Other debtors|||||22,208|15,753|
||VAT|||||10,278|10,507|
||Prepayments
and accrued|||income||22,476|22,203|
|||||||121,937|114,623|
|15.|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR||||
|||||||31.3.21|31.3.20|
|||||||F|E|
||Trade creditors|||||27,489|33,234|
||Social security and other||taxes|||6,879|7,259|
||Other creditors|||||1,465|7,677|
||Accruals and deferred|income||||10,832|47,024|
|||||||46,665|95,194|
|16.|CREDITORS: AMOUNTS|||FALLING DUE AFTER MORE THAN ONE YEAR||||
|||||||31.3.21|31.3.20|
||Bank loans (see note|17)||||50,000||
|17.|LOANS|||||||
||An analysis ofthe maturity|||of|loans is given below:|||
|||||||31.3.21|O'I.3.20|
||Amounts
falling between
Bank loans -1-2years||one||and two years:|5,348||
||Amounts
falling due between||||two and five years:|||
||Bank loans - 2-5years|||||16,867||
||Amounts
falling due in|more than five years:||||||
||Repayable
by instalments:|||||||
||Bank loans more 5 yr|by|instal|||27,785||
##
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|Minimum
lea|se p|ayments
under non-canc|ellable
operating|leases fall due|as follows:||
|---|---|---|---|---|---|---|
||||||31.3.21|31.3.20|
|||||||E|
|Within one year|||||90,810|88,006|
|Between one|and|five years|||160,318|238,187|
|In more than|five|years|||7,710|3,096|
||||||258,838|329,289|
|MOVEMENT|IN FUNDS||||||
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.4.20|in funds|funds|31.3.21|
|||||||F|
|Unrestricted|funds||||||
|General fund|||96,771|98,393|6,188|201,352|
|Designated
Fund||—Capital Reserve|9,205||7,975|17,180|
||||105,976|98,393|14,163|218,532|
|Restricted funds|||||||
|Accessible car fund|||1,713|12,450|(14,163)||
|Volunteer
Champions|||677|(677)|||
|Lottery Covid-1 9Relief Funding||||6,500||6,500|
|Tidal Training||||6,600||6,600|
||||2,390|24,873|(14,163)|13,100|
|TOTAL FUNDS|||108,366|123,266||231,632|
##
|Net movement
in funds,
included
in the above|are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||F|||
|Unrestricted
funds||||
|General fund|838,503|(740,110)|98,393|
|Restricted funds||||
|Accessible car fund|12,450||12,450|
|Volunteer
Champions|5,000|(5,677)|(677)|
|Lottery Covid-19 Relief Funding|6,500||6,500|
|Tidal Training|6,600||6,600|
||30,550|(5,677)|24,873|
|TOTAL FUNDS|869,053|(745,787)|123,266|
##
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|Comparatives
fo|r movem|ent
in fun|ds|||||
|---|---|---|---|---|---|---|---|
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.4.19|in funds
f|funds
E|31.3.20|
|Unrestricted
funds||||||||
|General fund||||101,674|(4,762)|(141)|96,771|
|Designated
Fund|—Capital|Reserve||9,064||141|9,205|
|||||110,738|(4,762)||105,976|
|Restricted funds||||||||
|Accessible car fund||||1,713|||1,713|
|Volunteer
Manager||||1,071|(1,071)|||
|Volunteer
Champions||||12,245|(11,568)||677|
|||||15,029|(12,639)||2,390|
|TOTAL FUNDS||||125,767|(17,401)||108,366|
|Comparative
net movement||in funds,|included|in the above are as follows:||||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
||||||F|||
|Unrestricted
funds||||||||
|General fund|||||913,196|(917,958)|(4,762)|
|Restricted funds||||||||
|Volunteer
Manager||||||(1,07'I )|(1,071)|
|Volunteer
Champions|||||5,200|(16,768)|(11,568)|
||||||5,200|(17,839)|(12,639)|
|TOTAL FUNDS|||||918,396|(935,797)|(17,401)|
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