| Page | |||
|---|---|---|---|
| Reference and Administrative | Details | ||
| Report ofthe Trustees | 2 to | 6 | |
| Report ofthe Independent Auditors |
7 to | 9 | |
| Statement of Financial Activities | 10 | ||
| Statement of Financial Position | |||
| Statement ofCash Flows | 12 | ||
| Notes to the Statement ofCash | Flows | 13 | |
| Notes to the Financial Statements | 14 to | 24 |
| 31.3.22 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| funds | funds | funds | funds | |||||
| Notes | E | F | ||||||
| INCOME | AND ENDOWMENTS | FROM | ||||||
| Donations | and legacies | 4,382 | 4,382 | 5,694 | ||||
| Charitable | activities | |||||||
| Charitable | Activity | 778,928 | 20,000 | 798,928 | 800,525 | |||
| Investment | income | 17 | 17 | 32 | ||||
| Other income | 13,378 | 13,378 | 62,802 | |||||
| Total | 796,705 | 20,000 | 816,705 | 869,053 | ||||
| EXPENDITURE ON | ||||||||
| Charitable | activities | |||||||
| Charitable | Activity | 794,034 | 28,100 | 822,134 | 745,787 | |||
| NET INCOME/(EXPENDITURE) | 2,671 | (8,100) | (5,429) | 123,266 | ||||
| RECONCILIATION | OF FUNDS | |||||||
| Total funds brought | forward | 218,532 | 13,100 | 231,632 | 108,366 | |||
| TOTAL FUNDS CARRIED FORWARD | 221,203 | 5,000 | 226,203 | 231,632 |
| 31.3.22 | 31.3.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| funds | funds | funds | funds | |||
| Notes | F | E | ||||
| FIXEDASSETS | ||||||
| Tangible assets | 15 | 14,818 | 14,818 | 17,180 | ||
| CURRENT ASSETS | ||||||
| Debtors | 16 | 159,167 | 159,167 | 121,937 | ||
| Cash at bank and | in hand | 144,244 | 5,000 | 149,244 | 189,180 | |
| 303,411 | 5,000 | 308,411 | 311,117 | |||
| CREDITORS | ||||||
| Amounts falling due within one year |
17 | (49,398) | (49,398) | (46,665) | ||
| NET CURRENT ASSETS | 254,013 | 5,000 | 259,013 | 264,452 | ||
| TOTAL ASSETS | LESSCURRENT | |||||
| LIABILITIES | 268,831 | 5,000 | 273,831 | 281,632 | ||
| CREDITORS | ||||||
| Amounts falling due after more than one |
||||||
| year | 18 | (47,628) | (47,628) | (50,000) | ||
| NET ASSETS | 221,203 | 5,000 | 226,203 | 231,632 | ||
| FUNDS | 21 | |||||
| Unrestricted funds: |
||||||
| General fund | 206,385 | 201,352 | ||||
| Designated Fund |
—Capital Reserve | 14,818 | 17,180 | |||
| 221,203 | 218,532 | |||||
| Restricted funds | 5,000 | 13,100 | ||||
| TOTAL FUNDS | 226,203 | 231,632 |
| FOR T | HE YEAR ENDED | 31 MARCH 2022 | ||||
|---|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | |||||
| Notes | ||||||
| Cash flows from operating | activities | |||||
| Cash generated from operations |
(35,713) | 71,616 | ||||
| Interest paid | (610) | |||||
| Net cash (used in)/provided | by | operating | activities | (36,323) | 71,616 | |
| Cash flows from investing | activities | |||||
| Purchase oftangible fixed assets | (4,050) | (12,450) | ||||
| Sale oftangible fixed assets | 420 | 250 | ||||
| Interest received | 17 | 32 | ||||
| Net cash used in investing |
activities | (3,613) | (12,168) | |||
| 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 |
(39,936) | 109,448 | ||||
| Cash and cash equivalents | at | the | ||||
| beginning ofthe reporting |
period | 189,180 | 79,732 | |||
| Cash and cash equivalents | at | the end | ||||
| ofthe reporting period |
149,244 | 189,180 |
| ACTIVITIES | |||
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| E | |||
| Net (expenditure)/income for the reporting |
period (as per the | ||
| Statement ofFinancial Activities) Adjustments for: |
(5,429) | 123,266 | |
| Depreciation charges |
6,412 | 4,475 | |
| Profit on disposal offixed assets Interest received Interest paid |
(420) (17) 610 |
(250) (32) |
|
| Increase in debtors Increase/(decrease) in creditors |
(37,230) 361 |
(7,314) (48,529) |
|
| Net cash (used in)/provided by operations |
(35,713) | 71,616 |
| At 1.4.21 | Cash flow | At 31.3.22 | |||
|---|---|---|---|---|---|
| Net cash | |||||
| Cash at bank and | in hand | 189,180 | (39,936) | 149,244 | |
| 189,180 | (39,936) | 149,244 | |||
| Debt | |||||
| Debts falling due Debts falling due |
within 1 year after 1 year |
(50,000) | (2,372) 2,372 |
(2,372) (47,628) |
|
| (50,000) | (50,000) | ||||
| Total | 139,180 | (39,936) | 99,244 |
| 31.3.22 | 31.3.21 | |||||||
|---|---|---|---|---|---|---|---|---|
| E | ||||||||
| Donations | 4,382 | 5,694 | ||||||
| INVESTMENT | INCOME | |||||||
| 31.3.22 | 31.3.21 | |||||||
| Deposit account interest | 17 | 32 | ||||||
| INCOME FROM CHARITABLE ACTIVITIES | ||||||||
| 31.3.22 | 31.3.21 | |||||||
| Activity | ||||||||
| Grants | Charitable | Activity | 396,625 | 424,619 | ||||
| Fares | Charitable | Activity | 385,749 | 363,548 | ||||
| Registration fees |
Charitable | Activity | 16,452 | 12,304 | ||||
| Fundraising | Charitable | Activity | 102 | 54 | ||||
| 798,928 | 800,525 | |||||||
| Grants received, included |
in | the above, | are as follows: | |||||
| 31.3.22 | 31.3.21 | |||||||
| F | ||||||||
| Gloucestershire | County | Council- SLA grants | 305,471 | 357,888 | ||||
| Social Services | Transport | 29,756 | 18,309 | |||||
| Bus Service Operators | Grant | 15,372 | 15,372 | |||||
| Rotary Club ofCheltenham | North | 9,500 | ||||||
| Tidal Training | 6,600 | |||||||
| National Lottery |
6,500 | |||||||
| Gloucestershire | Community | Foundation | 5,000 | |||||
| Barnwood Trust | 2,500 | |||||||
| Summerfield Trust |
2,000 | |||||||
| Tewksbury Borough Council |
950 | |||||||
| Gloucestershire | County | Council-Covid-19 | Bus Service Support Grant | 14,951 | ||||
| Gloucestershire | County | Council- Bus Recovery Grant | 11,075 | |||||
| Thriving Communities |
7,500 | |||||||
| Stroud Hospital | League | of | Friends | 5,000 | ||||
| The Weinstock | Fund | 5,000 | ||||||
| Gloucestershire | Community | Fund | 2,500 | |||||
| 396,625 | 424,619 |
| 7. | OTHER INCOME F |
OR THE Y | EAR ENDED 31 MARCH 2022 | ||
|---|---|---|---|---|---|
| 31.3.22 | 31.3.21 | ||||
| E | |||||
| Other income | 13,378 | 62,802 | |||
| Government grants received, |
included | in the above, are as follows: | |||
| 31.3.22 | 31.3.21 | ||||
| E | P | ||||
| Coronavirus Job Retention Scheme |
13,378 | 62,802 | |||
| 13,378 | 62,802 | ||||
| 8. | CHARITABLE ACTIVITIES | COSTS | |||
| Direct | Support | ||||
| Costs (see | costs (see | ||||
| note 9) | note 10) | Totals | |||
| E | |||||
| Charitable Activity |
816,442 | 5,692 | 822,134 | ||
| 9. | DIRECT COSTS OF CHARITABLE ACTIVITIES | ||||
| 31.3.22 | 31.3.21 | ||||
| E | |||||
| Staff costs | 470,801 | 434,468 | |||
| Vehicle leasing | 138,926 | 141,530 | |||
| Other vehicle expenses | 102,111 | 86,244 | |||
| Insurance | 2,305 | 2,131 | |||
| Telephone Postage and stationery |
6,024 3,654 |
9,765 3,826 |
|||
| Advertising Sundries |
893 1,343 |
4,437 778 |
|||
| Bank charges | 1,544 | 1,194 | |||
| Motor and travel expenses | 10 | ||||
| Property costs | 29,486 | 18,334 | |||
| Computer costs | 12,270 | 14,064 | |||
| Volunteer driver expenses |
37,084 | 19,496 | |||
| Training and recruitment |
3,149 | 158 | |||
| Legal and consultancy | 240 | ||||
| Depreciation Loss on sale ofassets Interest payable and similar charges |
6,412 (420) 610 |
4,475 (250) |
|||
| 816,442 | 740,650 |
| Governance | ||||||
|---|---|---|---|---|---|---|
| costs | ||||||
| F | ||||||
| Charitable | Activity | 5,692 | ||||
| Support | costs, | included | in the above, are as follows: | |||
| 31.3.22 | 31.3.21 | |||||
| Charitable | Total | |||||
| Activity | activities | |||||
| f. | ||||||
| Auditors' | remuneration | 5,692 | 5,137 | |||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||||
| 31.3.22 | 31.3.21 | |||||
| F | ||||||
| Auditors' | remuneration | 5,692 | 5,137 | |||
| Depreciation - |
owned assets | 6,412 | 4,475 | |||
| Other operating | leases | 138,926 | 141,530 | |||
| Surplus | on disposal of | fixed assets | (420) | (250) |
| STAFF COSTS | ||
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Wages and salaries | 441,120 | 410,617 |
| Social security costs | 22,535 | 18,274 |
| Other pension costs | 7,146 | 5,577 |
| 470,801 | 434,468 |
| The | average monthly number ofemployees |
during the year was as follows: | |
|---|---|---|---|
| 31.3.22 | 31.3.21 | ||
| Full | time | 12 | 11 |
| Part | time | 24 | 28 |
| 36 | 39 |
| The key management personnel of the Charity comprised the Chief Exec Manager and the Finance Manager. The total employee benefits ofthe key the Charity were F101,744 (2021:f101,816). |
The key management personnel of the Charity comprised the Chief Exec Manager and the Finance Manager. The total employee benefits ofthe key the Charity were F101,744 (2021:f101,816). |
The key management personnel of the Charity comprised the Chief Exec Manager and the Finance Manager. The total employee benefits ofthe key the Charity were F101,744 (2021:f101,816). |
The key management personnel of the Charity comprised the Chief Exec Manager and the Finance Manager. The total employee benefits ofthe key the Charity were F101,744 (2021:f101,816). |
utive Officer, t management |
he Transpor personnel |
|---|---|---|---|---|---|
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|||||
| Unrestricted | Restricted | Total | |||
| funds | funds | funds | |||
| F | F | ||||
| INCOME AND ENDOWMENTS | FROM | ||||
| Donations and legacies |
5,694 | 5,694 | |||
| Charitable activities |
|||||
| Charitable Activity |
769,975 | 30,550 | 800,525 | ||
| Investment income |
32 | 32 | |||
| Other income | 62,802 | 62,802 | |||
| Total | 838,503 | 30,550 | 869,053 | ||
| EXPENDITURE ON | |||||
| Charitable activities |
|||||
| Charitable Activity |
740,110 | 5,677 | 745,787 | ||
| NET INCOME | 98,393 | 24,873 | 123,266 | ||
| Transfers between |
funds | 14,163 | (14,163) | ||
| Net movement in funds |
112,556 | 10,710 | 123,266 | ||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 105,976 | 2,390 | 108,366 | |
| TOTAL FUNDS CARRIED FORWARD | 218,532 | 13,100 | 231,632 |
| 15. | TANGIBLE FIXEDA | SS | E | TS | TS | |||
|---|---|---|---|---|---|---|---|---|
| Fixtures | ||||||||
| and | Motor | Computer | ||||||
| fittings | vehicles | equipment | Totals | |||||
| F | E | F | ||||||
| COST | ||||||||
| At 1 April 2021 | 1,250 | 42,220 | 6,666 | 50,136 | ||||
| Additions | 2,050 | 2,000 | 4,050 | |||||
| Disposals | (1,250) | (22,595) | (23,845) | |||||
| At 31 March 2022 | 21,675 | 8,666 | 30,341 | |||||
| DEPRECIATION | ||||||||
| At 1 April 2021 | 1,094 | 28,196 | 3,666 | 32,956 | ||||
| Charge for year | 156 | 3,781 | 2,475 | 6,412 | ||||
| Eliminated on disposal |
(1,250) | (22,595) | (23,845) | |||||
| At 31 March 2022 | 9,382 | 6,141 | 15,523 | |||||
| NET BOOK VALUE | ||||||||
| At 31 March 2022 | 12,293 | 2,525 | 14,818 | |||||
| At 31 March 2021 | 156 | 14,024 | 3,000 | 17,180 | ||||
| 16. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | ||||||
| 31.3.22 | 31.3.21 | |||||||
| Trade debtors | 104,844 | 66,975 | ||||||
| Other debtors | 18,738 | 22,208 | ||||||
| VAT | 11,555 | 10,278 | ||||||
| Prepayments and accrued |
income | 24,030 | 22,476 | |||||
| 159,167 | 121,937 | |||||||
| 17. | CREDITORS: AMOUNTS | FALLING DUE WITHIN | ONE YEAR | |||||
| 31.3.22 | 31.3.21 | |||||||
| Bank loans and overdrafts | (see note 19) | 2,372 | ||||||
| Trade creditors | 27,630 | 27,489 | ||||||
| Social security and other | taxes | 7,576 | 6,879 | |||||
| Other creditors | 2,445 | 1,465 | ||||||
| Accruals and deferred | income | 9,375 | 10,832 | |||||
| 49,398 | 46,665 |
| 31.3.22 | 31.3.21 | ||||
|---|---|---|---|---|---|
| E | |||||
| Bank loans | (see note 19) | 47,628 | 50,000 | ||
| LOANS | |||||
| An analysis | ofthe maturity | of | loans is given below: | ||
| 31.3.22 | 31.3.21 | ||||
| Amounts falling due within |
one year on demand: | ||||
| Bank loans | 2,372 | ||||
| Amounts falling between one Bank loans -1-2years |
and two years: | 5,779 | 5,348 | ||
| Amounts falling due between |
two and five years: | ||||
| Bank loans | -2-5 years | 18,229 | 16,867 | ||
| Amounts falling due in more than five years: |
|||||
| Repayable | by instalments: | ||||
| Bank loans | more 5 yr by instal | 23,620 | 27,785 |
| Minimum lease payments under non-cancellable ope |
rating leases fall due as follows: |
|
|---|---|---|
| 31.3.22 | 31.3.21 | |
| Within one year | 84,950 | 90,810 |
| Between one and five years | 85,658 | 160,318 |
| In more than five years | 2,103 | 7,710 |
| 172,711 | 258,838 |
| MOVEMENT IN FUND |
S | |||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.4.21 | in funds | 31.3.22 | ||||
| E | F | |||||
| Unrestricted funds |
||||||
| General fund |
201,352 | 5,033 | 206,385 | |||
| Designated Fund - Capital |
Reserve | 17,180 | (2,362) | 14,818 | ||
| 218,532 | 2,671 | 221,203 | ||||
| Restricted funds | ||||||
| Lottery Covid-19 Relief | Funding | 6,500 | (6,500) | |||
| Tidal Training | 6,600 | (6,600) | ||||
| Stroud Hospital League | of | Friends | 5,000 | 5,000 | ||
| 13,100 | (8,100) | 5,000 | ||||
| TOTAL FUNDS | 231,632 | (5,429) | 226,203 | |||
| Net movement in funds, |
included | in the above are as follows: | ||||
| Incoming | Resources | Movement | ||||
| resources | expended | in funds | ||||
| Unrestricted funds |
||||||
| General fund | 796,705 | (791,672) | 5,033 | |||
| Designated Fund - Capital |
Reserve | (2,362) | (2,362) | |||
| Restricted funds | 796,705 | (794,034) | 2,671 | |||
| Lottery Covid-19 Relief Funding Tidal Training Thriving Communities Stroud Hospital League of Friends Gloucestershire Community Fund The Weinstock Fund |
7,500 5,000 2,500 5,000 |
(6,500) (6,600) (7,500) (2,500) (5,000) |
(6,500) (6,600) 5,000 |
|||
| 20,000 | (28,100) | (8,100) | ||||
| TOTAL FUNDS | 816,705 | (822,134) | (5,429) |
| Net | Transfers | ||||
|---|---|---|---|---|---|
| movement | between | At | |||
| At 1.4.20 | in funds | funds | 31.3.21 | ||
| F | 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 9 Relief 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 |
| Comparative net movement in funds, included |
in the above are as follows | : | |
|---|---|---|---|
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| Unrestricted funds |
|||
| General fund | 838,503 | (740,110) | 98,393 |
| Restricted funds | |||
| Accessible car fund | 12,450 | 12,450 | |
| Volunteer Champions Lottery Covid-19 Relief Funding |
5,000 6,500 |
(5,677) | (677) 6,500 |
| Tidal Training | 6,600 | 6,600 | |
| 30,550 | (5,677) | 24,873 | |
| TOTAL FUNDS | 869,053 | (745,787) | 123,266 |