|||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|
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||||||||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|
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||||||||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|
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