## **Ellesmere Port & Neston Community Transport Ltd Annual Review March 14th 2022** This year’s report and meeting will be conducted electronically due to the Corvid 19 virus situation and the restrictions imposed to contain the spread of the virus. There are no written officer reports as such this year due to the circumstances we still find ourselves operating in and the restrictions on face to face meetings. We have had a similar year to the previous one with the continuing Covid 19 pandemic still affecting the population, our working abilities and operating procedures. The School Bus Club was stopped for the duration of the school closures which obviously had an impact of our revenue streams but the volunteers stepped up again and operated a car scheme medicines pick up / drop off with the local surgeries and pharmacies for clients in the Neston & Ellesmere Port areas. We were also allowed to take folks to and from hospital appointments under strict covid procedures. Thanks especially to Guy, Dave, Les and all the volunteers for their outstanding work during this difficult time. We sadly lost one of our longest serving volunteers, Vince Stonely. Our condolences to his family, on the loss of such a brilliant, kind person. We thank our accountant Andrew for the work he has carried out with Pat and Brenda during the year, and for the work on the year end accounts. The Board members are working on various bids and grant applications at the moment and we are optimistic about the future. **Proposal & Election of Ofcers** : As Covid has restricted us in our work output, the Board members have agreed that we will continue with the following this year. Graham Fair will remain as Chairperson and the Board members will stay in post and the situation will be reviewed next year. **Registered Charity No: 1121037 Registered in England. Registered Company No: 0627986** Ellesmere Port & Neston Community Transport Ltd Statement of financial Activities for the Year Ended 30 June 2021 ncluding Income and Eipendii.ure Account and Ststement of Tot21 Recognised Gains and L4)5se$) Unrestricted fxnd5 Totsl 24121 EndoY4Jllents frorn: Cliaritabl¢ activi1sCS Other income 27,974 27,974 Total income 34.820 34.820 Expendltwre on: Raising Chc1riiable aciiviii&s Oiher expendiiure {18,120} (27.151) (109) {18.120) {27.151) (109) I'otal expendithr¢ (45.380) {45.380) Nct cxpcnditure 10.560) (10,560) Net movemclll irt funds (10.500) (10.560) Reconelliatlon of funds Total ￿ndS brought fotwdrd 10.451 10.451 Total funds carri¢d fonyard 19 (1091 Unrestrlcted fuDds {109 Total 2020 Note I￿roT￿e 3Md Endowments frorn: ChaTiLible activities Othcr iE)come 11,176 48.453 11,176 48,453 Total inc(Trme 59,629 59.629 F.xpenditure Raisiiig funds Charitable aciivities Other Lxpcnditurc {28.922) (33.4271 (2119 (28,922) {33.427} 2891 Total eX[￿dI￿re (62.638) (62,638) N¢t expenditure 13.(M)9) 3,0091 Net ￿￿)veMent tn ￿Thd5 (3,IM)9) (3,0091 Rec&nrili9tion of ￿ndS Total fun(ts brouLThi forward 13.459 Toial fimds ¢arried foTw4rd 19 10,450 10,450 All of the charity's activitie5 deTtve from iontinuing Ope[￿]0￿5 tkning the aix)v¢ two pcriod8. The notes on 8 10 18 fonll an inte￿8] p3rt of fin￿la1 statemen Page 5 Ellesmere Port & N¢ston ComThunity Transport Lld Tru5tees' Report Liqtsidty rigk In order to maintain liquidity to ¢￿sUre kn Suffici￿t fi]tknts available for ongoing operations a￿1 fitture developm¢nts. the charity uses a TtLiXture lif long-lcrni sbon4erni dth fina￿t. Furth¢r detat15 regarding liquith.ry risk bc fouod in the StalellTht of ac£oun(ing policies in the fin8n¢ial st&temcnts. staten￿DI of Trusteey, R¢spollsibilAtits The Itusiees (wh(Tr arc also rhe directOV5 0.. Ellesmere Port & Neston Communiry Transport Ltd for thE Pu￿$¢$ of company law) ale restK)nsible for pre )arin¥ the tsvstees, fq￿rI and financial statements in #cwrdÈftcc with the United Kingdom Accounrtsllg Siandanls {United Kingdom GeDernlly Accepied Accouniing Practice) ard applicable law aod regulations. Company law requires the trustees to prepare s1a*tt￿ts for each f￿anCIal year. Under wmpany law tlie trnstces must noi approve the fina￿la 51aÈtments Urtl&&s they are satisfied that they give a Irt￿ and faiT view of thc state of affair5 (>f Ihe charitable company and of its incoming resources at￿ application of rt50urces, including its incomc and expenditurq fo" that r*riod In preparing the￿ finat]cial 5tatcrnents. th¢ tTUStces are required to: elect suitable accounting ￿lie1C5 atLd apply thcTn consistenty. obscrvc the rneth￿S and principle5 in thc Charities SORP- make judgem¢nts and esiimaie5 that wc rcasonable aThJ prudent: Sthle whether applicabl¢ UK AccO￿t ng Stsndards have been followc& subject to any m8t¢riaJ departures disclosed and eiplained in fina￿1￿1 sta*n￿nts. and prepar¢ the fittancial statements OTt tlie going CO[￿eM basis un1¢5S it is inappr(Jpriate to presume that the charitable company will continue in biL8iness. The rn￿te￿ dre responsible for kcq>ing adequate aceounting records that are suffictcnt to show and cxplain the charitable cowany's transactions and di￿..[0￿ w5th rea￿Dable accw ai any time the fllwicial positiott of the charitable company and cnable them to ."nwte that the financidl sta*ments comply with thc Compani&s Act 2(K)6. They are also rcsponsible for Safe￿larding the of the charitable company and hence for taking rea50nablc steps for the prevcntion aTrd de*ction of fI3￿j a￿4 other inegularitie5. The annual rcw)rt was approvcdby the in st¢es of the charity on I l March 2022 its bchalf by.. Page 4 Ellesmere Port & Neston Community Transport Lt Trustee5' Report The t￿st¢t$, who are directors for the p￿r￿sCS of compally law, present the aollual r¢TK>rt together the financial statements of the charitsblc comimny for the ye8r ended 30 2021. C)bJectives activities P￿blIC benvfil The Co￿p1￿Y is a ￿gist¢r¢d ¢harity wh¢i"h exists th provide safr. affofttable to Vario￿ comin￿nitieS witl)in the tif¢A of Cheshire West & Clwx. The ttwsiees confim? that they have comF,li¢d with th¢ wuirTh¢415 of section 17 of the Charities Act 2011 to have due rewd to the publi¢ ben¢fii guid..u￿¢ publish￿ by the Clwity Commission for England and Wales. Trustees 2nd oificers The t¥U5t£zs and offiects Serving during the year and since the year end were as follow5". Trustees: Grflham John Fair Bn'nda CaTMlcland Ro ￿ld Candeland PaiTicia Hazel Kynaston t*..lie Jone5 Secretary." Ailccn Joyce Th)hety sIr￿¢tUre, Eovernance manaeemenr Financi%l inStrUn￿￿￿ Objecltves andpolicies The charity's activities il to a tlumber of r]Ma￿l31 risks including credit risK cash flow risk liquidity risk. The use of financial derivatives is iroverned by the choriry's policies approved by th¢ board of tNstees. which provide written principles on the of fin￿￿la1 derivatives to rnanage these risks. The charity does not use derivative frnancia] instruments for spxulative purposes. Coshflow n5k Tht tharity's activittcs Cx[K￿ it primarily to the finaijctal risks of ¢hang&% in foreign currency exchange rntes nd inlLrcst rates. The charity uscs foreigii exchange foryYdrd contracts and inte￿1 rate swap contsacts to hedge these eXFX)sures. Intcrcst Ecaring as￿ and liabilities are h.:Id at fixe41 r* to ensure certainty of cash f]ows. Credit ri.$k The Chdrily's principal financial assets att bank balance5 aT￿ wh. trade and other rLxeivables, and investments. The chariry's ¢￿di1 risk is primarily attri jutable to its trade re￿4vable$. The amowits presented in the balance sheet 2re net of allowances for thyubtful reccivables. An allowance for tmpairment 15 made whett ihere is an identified loss ¢vcni which. based on prnious experienc< is evidence of a teduction in the recoverobiliry of the ca%h flows. Th¢ credti risk on lTrquid fuDds aTKi deri'ative fIna￿ti&l inStr￿ts is limited beca￿Se thc counterparties are bank5 Wth high credlt-ttt1n￿ assigned b} iniernational tredit-Tating agcncies. The £hanty has. no signifi&gnt concentration of credit risk. with exposu￿ Spread over a large number of COL￿(C[partieS and ¢￿stoMers. Page 3 Elle5mere Port & Neston Community Transport Ltd Strateglc Rep)rt for Ihe Year Ended 30 Julle 2021 Thc Irustces. who are direciors for the PUTPOS¢S of WD]paDy law. their slTat¢gi¢ TqK)rt for the year en(led 30 JLll￿ 2021. in compliance with 5414C ihf the CollwaT]i&% Act 2006. The s1rd￿8￿c rewhrtTh approved by the irust¢¢s of the clwiiy on I l March 2022 aDd signed on its bchalf by.. P4g¢ 2 Elle5mere Port & Neston Community Trnnsport Ltd Reference and Administrative Details Secretary Ailcen Joyce Dohcrty Charity Regl$tration Number 11::1037 Compiny Re%i5tratiou Number 06:'.79786 chaH"ty is incorWa￿ ID Ellgiand & Wal￿. Unli A3 Stanlaw Abkry Business Centre Dover Driv¢ Ellxnere Port Chxhire CH65 9BF Regiyt¥red Offiee TndEPtndent Ex*miDer ES4 Accountancy rla ATMS I Cha￿? & Vestr¢y Vovrnog Road Mrt Ltd rneels the dcfiniiion of a public bencfii entity under FRS 10? AK8cls 8nd liabiliiics are initially migniscd ai historical cosl Q transsclson Yaluc unless othcrwise staicd in the ￿ll￿all1 ￿oUntIng policy notes. 6￿Ing concern Thr trustees consider Ihat therc are no ff arcrial uncerlainiies abnu the charl￿S ability ts) continue as a goin concern nor any significant KIre￿ of uncer'ainry (hai atTeci the ¢¥rying valuc of assets hcld by thc chariry. Kxemption from prep*ring a cash flow stA¢emenl Tlie ¢hdTily tspted to carly adopi Flull¢tin publishcd Ort 2 Feb flow statement in the%e financial statcmen'.s. 2016 and have thercfore not ineluded a cash Page 8