**REGISTERED COMPANY NUMBER: 06508034 (England and Wales) REGISTERED CHARITY NUMBER: 1124719**
## REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
## FOR
## NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
Barretts Chartered Accountants & Chartered Tax Advisers
22 Union Street Newton Abbot Devon TQ12 2JS
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## CONTENTS OF THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024
|||Page||
|---|---|---|---|
|Report of the Trustees|1|to|4|
|Independent Examiner's Report||5||
|Statement of Financial Activities||6||
|Balance Sheet|7|to|8|
|Notes to the Financial Statements|9|to|14|
|Detailed Statement of Financial Activities|15|to|16|
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## REPORT OF THE TRUSTEES for the Year Ended 31 March 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
## **OBJECTIVES AND ACTIVITIES Objectives and aims**
The Objects of the charity are
To provide a community transport service for:
- persons who have a special need of such facilities because they are disabled, infirm, elderly or poor,
- young people who have a need of a transport service so that they may take advantage of recreational or leisure facilities designed to improve their conditions of life,
- persons living in isolated areas where there are no adequate public transport services, and
- charitable groups.
To relieve the needs, and promote the independence, of any persons with disabilities which restrict their mobility, but who are capable of using the equipment the service has to offer by providing:
- premises, with suitable parking facilities, which are easily accessible to disabled persons,
- electric or manual wheelchairs and scooters, and basic instruction in the use thereof, on loan to enable users to access shopping areas, businesses, places of interest etc., and
- the supply and delivery of daily living aids that assist mobility or compensate for varying degrees of immobility or disability to persons coming within the descriptions above who have a personal need of such daily living aids evidenced where appropriate by prescription and who, because they come within such descriptions, would otherwise have difficulty in obtaining them.
The charity will serve principally the areas of Newton Abbot and the surrounding parishes of West Teignbridge and East Dartmoor. Journeys may be undertaken to other areas of the UK to satisfy the requirements of organisations and groups that use the facilities to provide tours or other trips on behalf of beneficiaries.
## **Public benefit**
The trustees have taken account of the Charity Commission guidance on public benefit and consider that all of the activities of the charity fall within the scope of the guidance and have provided benefit to the general public.
Page 1
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## REPORT OF THE TRUSTEES for the Year Ended 31 March 2024
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
The year has again been developing and promoting services to, almost, a newer cohort of users two years on from the cessation of services during the COVID lockdown. Shopmobility usage has continued to grow slowly both daily hires and of longer term hires of scooters. The continued push by the Manager to provide mobility scooters at outdoor and indoor events has not only provided a valuable service to event organisers and visitors, it has brought in useful income. Ring and Ride services have continued both in Teignbridge and South Hams, with some users transferring on arrival in Newton Abbot to use our Shopmobility service. The provision of NACTA mini-buses for other charities, care homes and schools has developed over the year, though because of a shortage of volunteer drivers, there have been no day trips or coffee mornings. Volunteer drivers, however, still provide the valuable Community Car Scheme allowing people to keep hospital and other health related appointments. NACTA still operate three timetabled bus routes and school transport under contract to Devon CC, providing valuable additional revenue. TCES, continued to operate successfully, making a valuable contribution; the service involves the provision of mobility and daily living aids for Social Services' clients, often to enable people to leave hospital and live safely at home.
As with many charities, there is shortage of volunteers; a shortage of drivers and to provide office support and this has been a major problem throughout the year. This was compounded by the need for staff to take accumulated annual leave entitlement built up over the COVID lockdown which meant that for many weeks during the year, the organisation was operating on reduced staffing. This meant that in the office, staff have had to double up on duties. This created an even greater problem, along with additional management stress, because the Transport Coordinator and Finance Officer have also had to step in as driver for school transport and timetabled bus routes. The Manager arranged numerous events and local newspaper items aimed at promoting the service and especially recruiting volunteers, most with the active participation of the trustees. She also attended like-minded organisations in order to "spread the word" and to seek financial support where this was possible: the local Hospital League of Friends donated £25K towards a new vehicle with bespoke adaptations; local councillors donated money that enabled the installation of CCTV equipment to provide improved security for overnight vehicle parking.
The usual Health and Safety checks were undertaken in the office and vehicles underwent their regular checks and maintenance to meet DVLA regulations. The vehicles were also cleaned to ensure a hygienic and safe environment for passengers and drivers. With the narrow lanes and, often, generally poor road maintenance in the rural areas, vehicle repairs again increased the costs of running the fleet.
The Trustees continued to hold regular management meetings and held an investigation into some historic accounting errors that came to light which, after a thorough investigation, were determined to be careless and unintentional, and arrangements were made to ensure that NACTA does not suffer loss, with financial controls being tightened. Work to update the Health and Safety Policy was carried out in conjunction with staff.
Towards the end of the year, additional Trustees' meetings were held along with a daytime staff/volunteer meeting aimed at developing a forward-looking strategy to meet developing challenges. During the year the impact of inflation was felt, with costs, particularly employment costs, increasing while income overall remained essentially flat, resulting in a deficit for the year.
The Manager and Trustees agreed on establishing a fundraising post: this would involve spreading the management role between the Finance Officer and the Transport Coordinator, with the current Manager stepping back to take on the part-time fundraising, combined with operating the provision of mobility scooters at outdoor and indoor events and representing NACTA in certain forums. This was to be put in place from March/April 2023, but the Manager's long-term sick leave has prevented carrying out the preparatory work needed to establish the arrangements; none-the-less the plans remain in place. There were continuing discussions with Teignbridge DC, along with help from an architect in order to enlarge of NACTA's offices and vehicle parking, this aimed improving the delivery of services and developing NACTA's ability to allow for the sale of more mobility and daily living aids. During the year two trustees stood down for health reasons: over the years, Jenny Allen has provided valuable service, especially reviewing and updating the charity's policies; because of the ill-health of his wife, the Chairman Nigel Canham, was unable to continue as Chairman and as a trustee, having lead the Board through his hard work and energy over what has been the Charity's most challenging period.
Page 2
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## REPORT OF THE TRUSTEES for the Year Ended 31 March 2024
## **ACHIEVEMENT AND PERFORMANCE**
Thanks and Acknowledgements
The Trustees offer their grateful thanks to the staff and volunteers for their continued commitment, especially during this challenging and stressful year. Without this commitment, the charity would not have been able to successfully provide its services aimed at benefiting the wider community in and around Newton Abbot, the western part of Teignbridge and into the South Hams.
The Trustees also offer their thanks for the continued level of financial support from statutory, charitable and voluntary bodies as well as from individuals; it is this support from the community that enables NACTA to provide its full range of services.
Particular thanks also to Newton Abbot Hospital League of Friends for the donation of £25,000 towards the purchase of a new vehicle.
Of special note are major grants and donations from:
Devon County Council; Teignbridge District Council; South Hams District Council; Newton Abbot Town Council; Kingsteignton Town Council; Chudleigh Town Council; Newton Abbot Carnival.
There were a number of donations from satisfied Ring & Ride passengers, Shopmobility users and their families, for which NACTA is very grateful.
## **FINANCIAL REVIEW**
## **Reserves policy**
The Reserves policy in the year was that funds were required:
1. To meet contractual liabilities should the charity have to close.
2. To provide sufficient working capital to cover delays in receipts, funding paid in arrears and any budgeted deficit and unexpected and unbudgeted costs.
3. To provide sufficient working capital, in the short term, in the event of a loss of major grant funding or a major contract or other income source.
4. To replace vehicles, equipment and other tangible fixed assets as they wear out.
5. To relocate and re-establish premises due to the proposed town centre development.
Amounts required to be held in designated reserves is reviewed annually.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is a limited company, limited by guarantee and is controlled by its governing document, the Memorandum and Articles of Association dated 19th February 2008 as amended by a Special Resolution on 3rd July 2014.
## **Risk management**
As explained above, the Trustees have assessed and acted upon their conclusions about the risks the charity could face and are satisfied that policies, procedures and systems are in place to mitigate exposure to major risks.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number**
06508034 (England and Wales)
## **Registered Charity number**
1124719
Page 3
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## REPORT OF THE TRUSTEES for the Year Ended 31 March 2024
**Registered office** Multi Storey Car Park Sherborne Road Newton Abbot Devon TQ12 2QY
## **Trustees**
K A Walter J D Pike J Allen Vice chair (resigned 5.4.23) N Canham (resigned 19.6.23) M J Hocking Chair P Bullivant A J Hall
**Company Secretary** K A Walter
**Independent Examiner**
I P Barrett Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ M J Hocking - Trustee
Page 4
## INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## **Independent examiner's report to the trustees of Newton Abbot Community Transport Association ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England & Wales and the Association of Charity Independent Examiners both of which are listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## I P Barrett FCA FCIE
Barretts Chartered Accountants & Chartered Tax Advisers 22 Union Street Newton Abbot Devon TQ12 2JS
Date: .............................................
Page 5
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) for the Year Ended 31 March 2024
|Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
**58,060**
**Charitable activities**
Transport and other activities
**198,077**
Investment income
2
**603**
Other income
**8,677**
**Total**
**265,417**
**EXPENDITURE ON**
**Charitable activities**
Transport and other activities
**298,137**
**NET INCOME/(EXPENDITURE)**
**(32,720)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**202,414**
**TOTAL FUNDS CARRIED FORWARD**
**169,694 **|Restricted
funds
£
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**25,600**
**25,600**|**2024**
**Total**
**funds**
**£**
**58,060**
**198,077**
**603**
**8,677**
**265,417**
**298,137**
**(32,720)**
**228,014**
**195,294 **|2023
Total
funds
£
84,119
190,085
434
13,040
287,678
299,044
(11,366)
239,380
228,014|
|---|---|---|---|
The notes form part of these financial statements
Page 6
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## BALANCE SHEET 31 March 2024
|Unrestricted
funds
Notes
£
**FIXED ASSETS**
Tangible assets
7
**40,778**
**CURRENT ASSETS**
Stocks
8
**5,077**
Debtors
9
**26,771**
Cash at bank and in hand
**100,969**
**132,817**
**CREDITORS**
Amounts falling due within one year
10
**(3,901)**
**NET CURRENT ASSETS**
**128,916**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**169,694**
**NET ASSETS**
**169,694 **
**FUNDS**
12
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
**-**
**-**
**-**
**25,600**
**25,600**
**-**
**25,600**
**25,600**
**25,600**|**2024**
**Total**
**funds**
**£**
**40,778**
**5,077**
**26,771**
**126,569**
**158,417**
**(3,901)**
**154,516**
**195,294**
**195,294 **
**169,694**
**25,600**
**195,294 **|2023
Total
funds
£
54,164
7,311
31,132
140,963
179,406
(5,556)
173,850
228,014
228,014
202,414
25,600
228,014|
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 7
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## BALANCE SHEET - continued
## 31 March 2024
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. M J Hocking - Trustee
The notes form part of these financial statements
Page 8
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS for the Year Ended 31 March 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Wheelchairs and scooters- 30% of net book value per annum Fixtures, fittings and equipment - 10% of net book value per annum Motor vehicles - 30% of net book value per annum Other equipment - 35% of net book value per annum
## **Stocks**
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
## **Taxation**
The charity is exempt from corporation tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 9
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
## **2. INVESTMENT INCOME**
|Bank interest receivable
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets|**2024**
**£**
**603**
**2024**
**£**
**16,342**|2023
£
434
2023
£
22,429|
|---|---|---|
## **3. NET INCOME/(EXPENDITURE)**
## **4. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **5. STAFF COSTS**
The average monthly number of employees during the year was as follows:
|Administration
Drivers|**2024**
5
3
8|2023
6
4|
|---|---|---|
|||10|
No employees received emoluments in excess of £60,000.
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES TO 31ST MARCH 2023**
|Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
59,119
**Charitable activities**
Transport and other activities
190,085
Investment income
434
Other income
13,040
**Total**
262,678
**EXPENDITURE ON**
**Charitable activities**
Transport and other activities
299,044|Restricted
funds
£
25,000
-
-
-
25,000
-|Total
funds
£
84,119
190,085
434
13,040|
|---|---|---|
|||287,678|
|||299,044|
continued...
Page 10
Page 10
continued...
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
## **6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES TO 31ST MARCH 2023 - continued**
|**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**7.**
**TANGIBLE FIXED ASSETS**
Wheelchairs
and
scooters
£
**COST**
At 1 April 2023
**28,605**
Additions
**-**
At 31 March 2024
**28,605**
**DEPRECIATION**
At 1 April 2023
**27,089**
Charge for year
**554**
At 31 March 2024
**27,643**
**NET BOOK VALUE**
At 31 March 2024
**962 **
At 31 March 2023
1,516
**8.**
**STOCKS**
Stocks|Fixtures
and
fittings
£
**9,397**
**2,410**
**11,807**
**7,446**
**436**
**7,882 **
**3,925**
1,951|Unrestricted
funds
£
(36,366)
2,723
(33,643)
236,057
202,414
Motor
vehicles
£
**252,862**
**-**
**252,862 **
**205,009**
**14,357**
**219,366**
**33,496**
47,853|Restricted
funds
£
25,000
(2,723)
22,277
3,323
25,600
Computer
equipment
£
**19,008**
**546**
**19,554 **
**16,164**
**995**
**17,159**
**2,395**
2,844
**2024**
**£**
**5,077**|Total
funds
£
(11,366)
-
(11,366)
239,380
228,014
Totals
£
**309,872**
**2,956**
**312,828**
**255,708**
**16,342**
**272,050**
**40,778**
54,164
2023
£
7,311|
|---|---|---|---|---|
||||||
||||||
||||||
continued...
Page 11
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
|**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade debtors
Deposit on vehicle purchase
VAT
**10.**
**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Trade creditors
**11.**
**12.**
**MOVEMENT IN FUNDS**
At 1.4.23
£
**Unrestricted funds**
General fund
**(41,236)**
Working Capital Reserve
**26,500**
Closure Reserve
**45,850**
Vehicle Replacement Reserve
**151,300**
Relocation Reserve
**20,000**
**202,414**
**Restricted funds**
Vehicle purchase grants
**25,000**
Shopmobility Unit
**600**
**25,600**
**TOTAL FUNDS**
**228,014**||
|---|---|
|||
|||
continued...
Page 12
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## NOTES TO THE FINANCIAL STATEMENTS - continued for the Year Ended 31 March 2024
## **12. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**TOTAL FUNDS**|Incoming
resources
£
**265,417**
**265,417**|Resources
Movement
expended
in funds
£
£
**(298,137)**
**(32,720)**
**(298,137)**
**(32,720)**|
|---|---|---|
## **Comparatives for movement in funds**
|Net
movement
At 1.4.22
in funds
£
£
**Unrestricted funds**
General fund
16,937
(36,366)
Working Capital Reserve
26,550
-
Closure Reserve
43,500
-
Vehicle Replacement Reserve
129,070
-
Relocation Reserve
20,000
-
236,057
(36,366)
**Restricted funds**
Vehicle purchase grants
-
25,000
Shopmobility Unit
600
-
Collaborative Working
2,723
-
3,323
25,000
**TOTAL FUNDS**
239,380
(11,366)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
General fund
262,678
**Restricted funds**
Vehicle purchase grants
25,000
**TOTAL FUNDS**
287,678|Transfers
between
At
funds
31.3.23
£
£
(21,807)
(41,236)
(50)
26,500
2,350
45,850
22,230
151,300
-
20,000
2,723
202,414
-
25,000
-
600
(2,723)
-
(2,723)
25,600
-
228,014
Resources
Movement
expended
in funds
£
£
(299,044)
(36,366)
-
25,000
(299,044)
(11,366)|
|---|---|
The restricted grants are:
Devon County Council for Newton Abbot and Totnes & Dartmouth Ring & Ride South Hams District Council for Totnes & Dartmouth Ring & Ride Kingsteignton Town Council for Shopmobility unit
continued...
Page 13
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## NOTES TO THE FINANCIAL STATEMENTS - continued
## for the Year Ended 31 March 2024
## **12. MOVEMENT IN FUNDS - continued**
Co-op Community Fund for wheelchairs and leg raisers
## **13. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
## **14. COMPANY LIMITED BY GUARANTEE**
The company has no share capital is limited by guarantee. If the company was wound up the liability of members to contribute to any deficit is limited to £5.
Page 14
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## DETAILED STATEMENT OF FINANCIAL ACTIVITIES for the Year Ended 31 March 2024
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Town and Parish Councils
Devon County Council- Totnes and Dartmouth
Ring & Ride
Devon County Council- Newton Abbot Ring &
Ride
Teignbridge District Council - voluntary
South Hams District Council- Totnes and
Dartmouth Ring & Ride
Sundry donations & fundraising
Grants
**Investment income**
Bank interest receivable
**Charitable activities**
Transport revenue - general services
Ring & Ride fares
ShopMobility hires
Community equipment prescriptions
Devon County Council School & Community
Bus Contracts
**Other income**
Bus Service Operators Grant
Disability aid sales
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Rent and rates
Insurance
Light and heat
Telephone and IT support
General office expenses
Volunteers' travel expenses
Carried forward|2024
£
**5,000**
**8,703**
**26,107**
**7,610**
**7,370**
**3,270**
**-**
**58,060**
**603**
**28,084**
**8,507**
**13,094**
**57,510**
**90,882 **
**198,077**
**2,481**
**6,196**
**8,677**
**265,417**
**56,447**
**1,642**
**2,597**
**3,192**
**2,248**
**4,632**
**2,407**
**73,165**|2023
£
5,550
8,393
24,151
7,610
7,370
6,045
25,000
84,119
434
31,854
10,132
11,175
52,389
84,535
190,085
5,654
7,386
13,040
287,678
46,809
1,888
2,118
961
3,730
7,961
4,100
67,567|
|---|---|---|
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Page 15
NEWTON ABBOT COMMUNITY TRANSPORT ASSOCIATION
## DETAILED STATEMENT OF FINANCIAL ACTIVITIES
## for the Year Ended 31 March 2024
|**Charitable activities**
Brought forward
Repairs and maintenance of scooters
Premises maintenance
Community prescription equipment
Vehicle fuel costs
Vehicle repairs and maintenance
Vehicle insurance
Vehicle licences
Other vehicle costs
Volunteer drivers' expenses
Management, finance and administration wages
Training
Depreciation of wheelchairs and scooters
Depreciation of fixtures and fittings
Depreciation of motor vehicles
Depreciation of computer equipment
**Support costs**
**Finance**
Accountancy
Total resources expended
**Net expenditure**|2024
£
**73,165**
**2,620**
**899**
**44,370**
**17,603**
**33,056**
**9,050**
**2,054**
**4,225**
**7**
**89,312**
**1,453**
**554**
**436**
**14,357**
**995**
**294,156**
**3,981 **
**298,137**
**(32,720)**|2023
£
67,567
1,567
2,348
32,116
21,469
21,063
9,890
1,960
2,623
83
113,063
305
650
677
20,510
592
296,483
2,561
299,044
(11,366)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 16