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2021-03-01-accounts

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE)

(A COMPANY LIMITED BY GUARANTEE)

REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 1st MARCH 2021 REGISTERED CHARITY NUMBER - 1131707 COMPANY NUMBER - 4770291 (ENGLAND & WALES)

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) COMPANY INFORMATION

DIRECTORS / TRUSTEES

Margaret Dutton
Janet Robinson
Elizabeth Mars
Nigel Porter
Christopher White
Alison Richards
Suzanne Boulos
David Mariott
SECRETARY Elizabeth Mars
REGISTERED OFFICE 57, High Street,
Broseley,
Shropshire.
TF12 5EY
INDEPENDENT EXAMINERS Silver & Co.,
Accountants, Taxation and Business Advisors,
The Hollies,
16, St. John Street,
Bridgnorth,
Shropshire.
WV15 6AG.
BANKERS Unity Trust Bank Plc.,
9, Brindley Place,
Birmingham.
B1 2HB.

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page
Directors' and Trustees' Report 1 - 2
Independent Examiners Report 3
Statement of Financial Activities 4 - 5
Balance Sheet 6
Notes to the Financial Statements 7 - 10

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS AND TRUSTEES

FOR THE YEAR ENDED 1st MARCH 2021

The trustees, who are also directors of the charity for the purposes of the company law, submit their annual report and the unaudited financial statements for the year ended 1st March 2021. The trustees have adopted the provisions of the Statements of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the charity.

Directors and Trustees

The Directors who served during the year are as set out under "Company Information".

Structure, Governance and Management

The Company is governed by its Articles of Association and is controlled by the Directors.

Statement of Directors' Responsibilities

The trustees (who are also directors of The Friendly Transport Service (Shropshire) for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Internal Control and Risk Management

The Directors review the effectiveness of all material internal controls, including operational, financial and compliance controls and risk management systems.

The internal control systems are designed to meet the Company's particular needs and the risks to which it is exposed, to manage those risks and to provide reasonable assurance against misstatement or loss.

1

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS AND TRUSTEES (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

Statement of Disclosure of Information to Independent Examiners

We, the Directors of the company who held office at the date of approval of these Financial Statements. As set out above, each confirm so far as we are aware, that:

Objectives and Activities

The principal objectives and activities of the charity continued to be that of providing a community passenger transport service within the Bridgnorth District.

Achievements and Performance

The results for the year are set out in the attached statement of financial activities.

The company has continued to provide transport for the members of the community without alternative means of transport in the Broseley and Much Wenlock area. It has also continued to administer the Shropshire Community Car Scheme in Broseley and Much Wenlock.

Financial Review

The Company's policy is to retain surplus funds pending suitable application by the company for assistance of a project within the terms of charitable status.

The Treasurer maintains the financial records of the Company, in conjunction with the Company's Secretary and reports regularly at all meetings.

Custodial Trustee

All assets are held and belong to the Company, and none are held on behalf of third parties.

Independent Examiners

A resolution proposing that Silver & Co. be re-appointed as independent examiners of the charity will be put to the members at the forthcoming Annual General Meeting.

By Order of the Board

……………………………..

Elizabeth Mars (Secretary)

……………………………..

Date

2

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE)

We have examined the financial statements of The Friendly Transport Service (Shropshire) for the year ended 1st March 2021, which comprises Statement of Financial Activities, Balance Sheet, and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.

Respective responsibilities of Trustees and Independent Examiner

The Trustees (who are also the Directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:

Basis of Opinion

We conducted our examination in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

Silver & Co.

Accountants, Taxation & Business Advisors

The Hollies, 16, St. John Street, Bridgnorth, Shropshire. WV15 6AG.

3

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1st MARCH 2021

Administration
& Office
Expenses
Incoming Resources
Notes
£
Grants - Local Authority
3
49,842
Grants - Other Trusts
3
2,000
Grants - Other
3
-
Government Wages Support
-
Fares
-
Donations
2
-
Subscriptions
-
Bank Interest
188
Fundraising
91
Shropshire Community Car Scheme
1,743
Total Incoming Resources
53,864
Resources Expended
Staff Costs/Expenses/Redundancy
105,227
Rent, Rates and Service Charge
3,600
Insurance
1,355
Repairs & Maintenance
155
Fixtures and Fittings
1,194
Printing, Postage & Stationery
1,702
Telephone
1,422
Catering & Room Hire
-
Shifnal - Car Hire
6,653
Shropshire Community Car Scheme
1,743
Vehicle Running Costs
-
Volunteers Expenses
-
Fund Raising
-
Accountancy Fees
822
Bank Charges
143
General Expenses
-
Subscriptions
156
Other
2,213
Depreciation & Amortisation
196
(Profit)/Loss on Disposal of Assets
-
Total Resources Expended
126,581
Net Incoming Resources before transfers
(72,717)
Transfers between Funds
92,065
Net Movement in Funds
19,348
Fund Balances Brought Forward
50,061
Fund Balances Carried Forward
69,409		 Transport
Income &
Expenses
£
-
-
16,321
-
101,103
5,953
960
-
-
-
124,337
-
-
-
-
-
-
-
-
-
26,838
465
-
-
-
-
-
-
4,969
-
32,272
92,065
(92,065)
-
-
-		 Other
Funds
£
-
711
-
7,076
-
-
-
-
-
1,266
9,053
-
-
-
-
-
-
74
-
1,384
-
-
215
-
-
-
-
-
-
-
1,673
7,380
-
7,380
41,326
48,706		 2021
2020
Total
Total
£
£
49,842
38,931
2,711
4,072
16,321
-
7,076
-
101,103
115,927
5,953
8,161
960
1,662
188
84
91
5,080
3,009
5,879
187,254
179,796
105,227
110,686
3,600
3,600
1,355
1,198
155
1,962
1,194
-
1,702
1,730
1,422
743
74
276
6,653
-
3,128
5,889
26,838
41,316
465
3,850
215
329
822
798
143
-
394
156
182
2,213
-
5,165
5,165
-
-
160,526
178,118
26,727
1,678
-
-
26,727
1,678
91,387
89,709
118,114
91,387

4

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

All amounts above are derived from continuing operations and the trust has no recognised gains or losses other than those passing through the Statement of Financial Activities.

The annexed noted on pages 8 - 11 form part of these financial statements.

5

plus 124.65 cash adjust plus 100 graham hollox,plus 605 other

£164 overview

187107 overview with 125 cash adjust and 22 int diff

was 105912, less p30bfwd and to pay l cooper 852 feb21

not in overview

after 1134 scc after 609scc

28193 in overview less 1355 ins

798 overview, 822, 2021 rate

not in overview

156022 overview exc depn

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 1st MARCH 2021

Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors
Cash at Bank and in Hand
Creditors
Amounts falling due within one year
Net Current Assets
Net Assets
Capital and Reserves
Called up Share Capital
General Funds
Transport Funds
Other Funds
Total Funds		 Note
7
8
9
11
12		 £
£
-
2,456
117,054
119,510
(1,396)
118,114
118,114
-
69,409
-
48,706
118,114
2021		 £
£
5,165
8,265
80,026
88,291
(2,069)
86,222
91,387
-
50,061
-
41,326
91,387
2020

  1. The Directors are satisfied that the company was entitled to exemption under section 477 of the Companies Act 2006 relating to the small companies regime and that no member or members have requested an audit pursuant to section 476 of the Companies Act 2006.

  2. The Directors acknowledge their responsibility for:

  3. i. ensuring that the company keeps accounting records which comply with section 386; and ii. preparing accounts which give a true and fair view of the state of affairs of the company as at

  4. the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with requirements of this Act relating to accounts, so far as applicable to the company.

  5. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Signed on behalf of the Board of Directors

………………………

Director

Signed for and on behalf of the Board of Directors on 2021. The annexed notes on pages 8 - 11 form part of these financial statements.

6

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1st MARCH 2021

1. Accounting Policies

(a) Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued by the Charity Commission in 2005 and applicable accounting standards.

The financial statements have also been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and have also been consistently applied.

(b) Company Status

The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability of the members is limited to £1 each.

(c) Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out on the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income and gains are allocated to the appropriate fund.

(d) Incoming Resources

All incoming resources are included in the S.O.F.A. when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Voluntary income is received by way of donations and gifts and is included in full in the S.O.F.A. when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.

Grants, including grants for the purchase of fixed assets, are recognised in full in the S.O.F.A. in the year in which they are receivable.

Income from investments is included in the year in which it is receivable.

7

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

(e) Resources Expended

Resources expended are recognised in the year in which they are incurred.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Management and administration costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

(f) Tangible Fixed Assets and Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Yellow Mini Bus Equipment 33.3% Straight Line Office Fittings & Equipment 33.3% Straight Line Motor Vehicles 25% Straight Line

2. Donations
General
Funds
£
Donations
-
3. Grant Income
General
Funds
Local Authority
£
Grant - Shropshire Council SLA
22,842
Grant - Town Councils
2,802
Grant - Shropshire Council Shifnal
27,000
Grant - CBSSG
13,519
66,163
Other Trust
BSOG
711
Other Trusts
2,000
2,711
4. Grants - Other
Shropshire Community Transport
Donation for Swimming Club (from Broseley & Barrow Local Joint
Local Sustainable Transport Fund		 Transport
Funds
£
5,953
Transport
Funds
£
-
-
-
-
-
-
-
-
Committee		 2021
£
5,953
2021
£
22,842
2,802
27,000
13,519
66,163
711
2,000
2,711
2021
£
-
-
-
-		 2020
£
8,161
2020
£
38,931
-
-
-
38,931
2,072
2,000
4,072
2020
£
-
-
-
-

8

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

Operating Gain
2021
£
Operating gain is stated after charging:
Depreciation and other amounts written off tangible assets
5,165
and after crediting:
Profit on disposal of tangible fixed assets
-
Employees
2021
Number of employees
The average monthly number of employees (excluding trustees) during the year was:
Administration Staff
7
Employment Costs
Financed by
General
Fund
2021
£
£
Wages & Salaries
44,499
44,499
Contract Staff Costs
38,518
38,518
Social Security Costs
6,853
6,853
Pension Costs
10,886
10,886
Payroll Management
1,199
1,199
Staff Training/Expenses
3,272
3,272
105,227
105,227
Tangible Fixed Assets
Office
Mini Bus
Fittings &
Motor
Equipment
Equipment
Vehicles
£
£
£
Cost as at 2nd March 2020
1,093
5,993
104,608
Additions
-
-
-
Eliminated on Disposal
-
-
-
Profit on Disposal
-
-
-
Disposal Proceeds
-
-
-
Cost as at 1st March 2021
1,093
5,993
104,608
Depreciation as at 2nd March 2020
1,093
5,798
99,638
Charge for Year
-
195
4,970
Eliminated on Disposal
-
-
-
Depreciation as at 1st March 2021
1,093
5,993
104,608
Net Book Value at 1st March 2021
-
-
-
Net Book Value at 1st March 2020
-
391
4,970		 2020
£
5,165
-
2020
7
2020
£
49,333
35,181
8,232
13,167
1,104
3,669
110,686
Total
£
111,694
-
-
-
-
111,694
106,529
5,165
-
111,694
-
5,361

5. Operating Gain

6. Employees

7. Tangible Fixed Assets

9

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

8.
Debtors - All Receivable Within One Year
Trade Debtors
Other Debtors
Prepayments & Accrued Income
9.
Creditors - Amounts Falling Due Within One Year
Trade Creditors
Other Creditors
Accruals & Deferred Income
10. Analysis of Net Assets between Funds
General
Funds
£
Fund Balances as at 1st March 2021 as represented by:
Tangible Fixed Assets
-
Current Assets
70,805
Current Liabilities
(1,396)
69,409
11. Transport
2020
Incoming
£
£
Transport Income & Expenditure
-
124,337
12. Other Funds
2020
Incoming
£
£
Shropshire Community Car Scheme
-
-
Fund Raising
41,326
9,053
41,326
9,053		 Transport
Funds
£
£
-
-
-
-
Outgoing
£
(32,272)
Outgoing
£
-
(1,673)
(1,673)		 2021
£
2,456
-
-
2,456
2021
£
-
586
822
1,408
Other
Funds

£
-
48,706
-
48,706
Transfers
£
(92,065)
Transfers
£
-
-
-		 2020
£
8,265
-
-
8,265
2020
£
-
1,271
798
2,069
Total
Funds
£
-
119,753
(1,396)
118,357
2021
£
-
2021
£
-
48,706
48,706

10

How we adapted to the Covid-19 pandemic 2020 – 2021

Changed how we work and ensured business continuity….

Flexibly worked from home

Secure online storage of documents to access remotely

Phone lines diverted daily to our own phones

Lone working in office 1-2 times weekly to check post and meet volunteers by appointment

Weekly online team meetings by Zoom

Monitored guidance provided by the CTA and implemented safety measures as advised

School contracts

Meeting the needs of our members

Collected and safely delivered prescriptions and shopping from local shops to members’ doorsteps.

Continued to take members to their medical appointments.

Taking people for the

Covid jabs.

Looking after mental health and well-being….

Created a Swap Shop Bus, stocked with donated books, CDs, DVDs, jigsaw puzzles and puzzle books.

Drivers also had postage stamps for sale and could take letters to be posted.

We took requests for visits and our drivers used their local knowledge to target specific streets, but this was available for the whole community to use.

Looking after mental health and well-being….

We setup a telephone befriending service called the “Friendly Voice”. Members requesting this were matched with a volunteer to regularly call for a chat. This had the added benefit of us being able to check how members were.

Looking after mental health and well-being….

Regular Welfare Calls were made to members known to us as being vulnerable or suffering poor mental health.

We’ve implemented our safe-guarding policy when necessary.

Looking after mental health and well-being….

We continued to send our monthly newsletter to members. Content included how we could help, signposted to additional resources (e.g. mental health charities) and highlighted current scams.

Volunteers told us wordsearches were popular with members so we started including one to help with the boredom!

Newsletters that summarised how we can help were also sent to non-members who’d used Friendly Bus in the previous 12 months.

Looking after mental health and well-being….

To help spread some Christmas cheer, local schools kindly supported our request for Christmas cards and stories to send to members. These were quarantined and included in our December newsletters.

We entered every member into a free draw to win a Christmas hamper.

“What a lovely surprise, Izabelle made me a beautiful card – it cheered me up no end! It really is excellent, I love it! It’s sitting on my mantle piece and makes me smile each time I see it”

Looking after mental health and well-being….

Feedback from volunteers and our welfare calls highlighted that many of our members were struggling.

We made and sent every member a fridge magnet . A handy reference for our phone number and to remind them we’re here for them.

We teamed up with Shropshire Wildlife Trust’s Feed the Birds campaign to provide starter kits containing a feeder, bag of seed and ID charts. Kits were delivered to everyone who requested one -it was lovely to have a much needed doorstep chat too!

Community involvement

We have an active role in the newly formed community . support group, Broseley Covid Helpline

Community involvement

We supported local initiatives such as the Food Share Project. They make food that is surplus or past its best before date available free or at discounted prices to avoid it going to landfill. We helped by delivering food parcels to local residents.

Our volunteers

The number of volunteers able to continue driving for us during the pandemic, dropped considerably. Many felt understandably uncomfortable to continue or fell into the government’s vulnerable category.

Volunteers who did continue, have worked tirelessly to drive members to medical appointments, whilst following guidelines to keep them and our members safe on journeys.

Volunteers who were unable to continue driving havegiven up so much of their time to ring members (usually more than one), each week for a chat.

Support

Demand for grants and funding became very competitive in 2020. According to the Community Transport Association (CTA) the success rate of grant applications reduced to just 4%.

We’re extremely fortunate to have been successful for a number of grants.

Broseley Town Council have awarded us 2 grants to support our Services

The Department for Transport provided grants to support bus operators for their lost income. We lobbied for community transport to be included and was successful!

Support

Recognising the reduced mobility and confidence that self-isolation is likely to have caused our members, we created the “Socially Active” project.

The People’s Postcode Lottery have kindly granted us £5,860 in funding to support this project.

We’ll be able to offer volunteer-supported walks from members’ homes, group outings to safe venues for a walk and chat to offer exclusive-use swimming sessions.

This project will help build members’ confidence to venture outside again, provide social opportunities, exercise, support, enjoyment and some normality again.

Support

During the pandemic a Facebook initiative was setup by a local resident to show kindness. Amazon wishlists were shared amongst each other to gift strangers. From offering raffles on the page, money was raised and then used to support local causes.

We were donated a limited supply of puzzle books, playing cards, dominoes, pens, notebooks, envelopes and postage stamps to share amongst our members.

These were distributed by the Swap Shop Bus.

Many members and their families have continued to send us donations throughout the pandemic.

Thank you to everyone who has donated to us.

Income

Income
0
20000
40000
60000
80000
100000
120000
140000
2016-2017
2017-2018
2018-2019
2019-2020
2020-2021
Grants
Service
Fundraising

Expenditure

120000

----- Start of picture text -----
100000
80000
60000
40000
20000
0
2016-2017 2017-2018 2018-2019 2019-2020 2020-2021
Employment Vehicles Admin/Comms Other
----- End of picture text -----

Online Communications

448 Likes, 491 Follow Facebook (an increase of 67% since March 2020)

Socially Active Outings

A beautiful visit to the Ironworks Centre

A super day out in Llandudno

Socially Active Outings

“Thank you for the best day ever!” Our first outing was to Percy Throwers garden centre

“What a lovely day we all had yesterday, we laughed all the way there and all the way back! It did us all the world of good and I had the best fish and chips in the café that I’ve had for a long time”! J K

Visits to the Cavelier Centre

Nancy said ‘I am so happy to be out again, hearing the sounds of other people’

Pat Said ‘It really was a lovely trip’

Good Neighbour Scheme

We have new services, here’s a useful summary of all the ways we can now help you.

Regular outings to shops, parks, day trips, meeting up with friends

Light gardening and household duties, collecting library books, changing batteries in smoke alarms

Shopping and prescription collections if you’re unable to leave your home

Regular phone calls or face to face visits as well as transport to local clubs

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE)

(A COMPANY LIMITED BY GUARANTEE)

REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 1st MARCH 2021 REGISTERED CHARITY NUMBER - 1131707 COMPANY NUMBER - 4770291 (ENGLAND & WALES)

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) COMPANY INFORMATION

DIRECTORS / TRUSTEES

Margaret Dutton
Janet Robinson
Elizabeth Mars
Nigel Porter
Christopher White
Alison Richards
Suzanne Boulos
David Mariott
SECRETARY Elizabeth Mars
REGISTERED OFFICE 57, High Street,
Broseley,
Shropshire.
TF12 5EY
INDEPENDENT EXAMINERS Silver & Co.,
Accountants, Taxation and Business Advisors,
The Hollies,
16, St. John Street,
Bridgnorth,
Shropshire.
WV15 6AG.
BANKERS Unity Trust Bank Plc.,
9, Brindley Place,
Birmingham.
B1 2HB.

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE)

CONTENTS

Page
Directors' and Trustees' Report 1 - 2
Independent Examiners Report 3
Statement of Financial Activities 4 - 5
Balance Sheet 6
Notes to the Financial Statements 7 - 10

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS AND TRUSTEES

FOR THE YEAR ENDED 1st MARCH 2021

The trustees, who are also directors of the charity for the purposes of the company law, submit their annual report and the unaudited financial statements for the year ended 1st March 2021. The trustees have adopted the provisions of the Statements of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in 2005 in preparing the annual report and financial statements of the charity.

Directors and Trustees

The Directors who served during the year are as set out under "Company Information".

Structure, Governance and Management

The Company is governed by its Articles of Association and is controlled by the Directors.

Statement of Directors' Responsibilities

The trustees (who are also directors of The Friendly Transport Service (Shropshire) for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Internal Control and Risk Management

The Directors review the effectiveness of all material internal controls, including operational, financial and compliance controls and risk management systems.

The internal control systems are designed to meet the Company's particular needs and the risks to which it is exposed, to manage those risks and to provide reasonable assurance against misstatement or loss.

1

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE DIRECTORS AND TRUSTEES (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

Statement of Disclosure of Information to Independent Examiners

We, the Directors of the company who held office at the date of approval of these Financial Statements. As set out above, each confirm so far as we are aware, that:

Objectives and Activities

The principal objectives and activities of the charity continued to be that of providing a community passenger transport service within the Bridgnorth District.

Achievements and Performance

The results for the year are set out in the attached statement of financial activities.

The company has continued to provide transport for the members of the community without alternative means of transport in the Broseley and Much Wenlock area. It has also continued to administer the Shropshire Community Car Scheme in Broseley and Much Wenlock.

Financial Review

The Company's policy is to retain surplus funds pending suitable application by the company for assistance of a project within the terms of charitable status.

The Treasurer maintains the financial records of the Company, in conjunction with the Company's Secretary and reports regularly at all meetings.

Custodial Trustee

All assets are held and belong to the Company, and none are held on behalf of third parties.

Independent Examiners

A resolution proposing that Silver & Co. be re-appointed as independent examiners of the charity will be put to the members at the forthcoming Annual General Meeting.

By Order of the Board

……………………………..

Elizabeth Mars (Secretary)

……………………………..

Date

2

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE)

We have examined the financial statements of The Friendly Transport Service (Shropshire) for the year ended 1st March 2021, which comprises Statement of Financial Activities, Balance Sheet, and the related notes. These financial statements have been prepared under the historical cost convention and the accounting policies set out therein.

Respective responsibilities of Trustees and Independent Examiner

The Trustees (who are also the Directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for independent examination, it is our responsibility to:

Basis of Opinion

We conducted our examination in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a "true and fair view" and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

Silver & Co.

Accountants, Taxation & Business Advisors

The Hollies, 16, St. John Street, Bridgnorth, Shropshire. WV15 6AG.

3

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 1st MARCH 2021

Administration
& Office
Expenses
Incoming Resources
Notes
£
Grants - Local Authority
3
49,842
Grants - Other Trusts
3
2,000
Grants - Other
3
-
Government Wages Support
-
Fares
-
Donations
2
-
Subscriptions
-
Bank Interest
188
Fundraising
91
Shropshire Community Car Scheme
1,743
Total Incoming Resources
53,864
Resources Expended
Staff Costs/Expenses/Redundancy
105,227
Rent, Rates and Service Charge
3,600
Insurance
1,355
Repairs & Maintenance
155
Fixtures and Fittings
1,194
Printing, Postage & Stationery
1,702
Telephone
1,422
Catering & Room Hire
-
Shifnal - Car Hire
6,653
Shropshire Community Car Scheme
1,743
Vehicle Running Costs
-
Volunteers Expenses
-
Fund Raising
-
Accountancy Fees
822
Bank Charges
143
General Expenses
-
Subscriptions
156
Other
2,213
Depreciation & Amortisation
196
(Profit)/Loss on Disposal of Assets
-
Total Resources Expended
126,581
Net Incoming Resources before transfers
(72,717)
Transfers between Funds
92,065
Net Movement in Funds
19,348
Fund Balances Brought Forward
50,061
Fund Balances Carried Forward
69,409		 Transport
Income &
Expenses
£
-
-
16,321
-
101,103
5,953
960
-
-
-
124,337
-
-
-
-
-
-
-
-
-
26,838
465
-
-
-
-
-
-
4,969
-
32,272
92,065
(92,065)
-
-
-		 Other
Funds
£
-
711
-
7,076
-
-
-
-
-
1,266
9,053
-
-
-
-
-
-
74
-
1,384
-
-
215
-
-
-
-
-
-
-
1,673
7,380
-
7,380
41,326
48,706		 2021
2020
Total
Total
£
£
49,842
38,931
2,711
4,072
16,321
-
7,076
-
101,103
115,927
5,953
8,161
960
1,662
188
84
91
5,080
3,009
5,879
187,254
179,796
105,227
110,686
3,600
3,600
1,355
1,198
155
1,962
1,194
-
1,702
1,730
1,422
743
74
276
6,653
-
3,128
5,889
26,838
41,316
465
3,850
215
329
822
798
143
-
394
156
182
2,213
-
5,165
5,165
-
-
160,526
178,118
26,727
1,678
-
-
26,727
1,678
91,387
89,709
118,114
91,387

4

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

All amounts above are derived from continuing operations and the trust has no recognised gains or losses other than those passing through the Statement of Financial Activities.

The annexed noted on pages 8 - 11 form part of these financial statements.

5

plus 124.65 cash adjust plus 100 graham hollox,plus 605 other

£164 overview

187107 overview with 125 cash adjust and 22 int diff

was 105912, less p30bfwd and to pay l cooper 852 feb21

not in overview

after 1134 scc after 609scc

28193 in overview less 1355 ins

798 overview, 822, 2021 rate

not in overview

156022 overview exc depn

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET

AS AT 1st MARCH 2021

Fixed Assets
Tangible Fixed Assets
Current Assets
Debtors
Cash at Bank and in Hand
Creditors
Amounts falling due within one year
Net Current Assets
Net Assets
Capital and Reserves
Called up Share Capital
General Funds
Transport Funds
Other Funds
Total Funds		 Note
7
8
9
11
12		 £
£
-
2,456
117,054
119,510
(1,396)
118,114
118,114
-
69,409
-
48,706
118,114
2021		 £
£
5,165
8,265
80,026
88,291
(2,069)
86,222
91,387
-
50,061
-
41,326
91,387
2020

  1. The Directors are satisfied that the company was entitled to exemption under section 477 of the Companies Act 2006 relating to the small companies regime and that no member or members have requested an audit pursuant to section 476 of the Companies Act 2006.

  2. The Directors acknowledge their responsibility for:

  3. i. ensuring that the company keeps accounting records which comply with section 386; and ii. preparing accounts which give a true and fair view of the state of affairs of the company as at

  4. the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 393, and which otherwise comply with requirements of this Act relating to accounts, so far as applicable to the company.

  5. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

Signed on behalf of the Board of Directors

………………………

Director

Signed for and on behalf of the Board of Directors on 2021. The annexed notes on pages 8 - 11 form part of these financial statements.

6

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 1st MARCH 2021

1. Accounting Policies

(a) Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" issued by the Charity Commission in 2005 and applicable accounting standards.

The financial statements have also been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and have also been consistently applied.

(b) Company Status

The charity is a company limited by guarantee. The members of the company are the trustees named on page 1. In the event of the charity being wound up, the liability of the members is limited to £1 each.

(c) Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out on the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income and gains are allocated to the appropriate fund.

(d) Incoming Resources

All incoming resources are included in the S.O.F.A. when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Voluntary income is received by way of donations and gifts and is included in full in the S.O.F.A. when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.

Grants, including grants for the purchase of fixed assets, are recognised in full in the S.O.F.A. in the year in which they are receivable.

Income from investments is included in the year in which it is receivable.

7

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

(e) Resources Expended

Resources expended are recognised in the year in which they are incurred.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management.

Management and administration costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements.

(f) Tangible Fixed Assets and Depreciation

Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Yellow Mini Bus Equipment 33.3% Straight Line Office Fittings & Equipment 33.3% Straight Line Motor Vehicles 25% Straight Line

2. Donations
General
Funds
£
Donations
-
3. Grant Income
General
Funds
Local Authority
£
Grant - Shropshire Council SLA
22,842
Grant - Town Councils
2,802
Grant - Shropshire Council Shifnal
27,000
Grant - CBSSG
13,519
66,163
Other Trust
BSOG
711
Other Trusts
2,000
2,711
4. Grants - Other
Shropshire Community Transport
Donation for Swimming Club (from Broseley & Barrow Local Joint
Local Sustainable Transport Fund		 Transport
Funds
£
5,953
Transport
Funds
£
-
-
-
-
-
-
-
-
Committee		 2021
£
5,953
2021
£
22,842
2,802
27,000
13,519
66,163
711
2,000
2,711
2021
£
-
-
-
-		 2020
£
8,161
2020
£
38,931
-
-
-
38,931
2,072
2,000
4,072
2020
£
-
-
-
-

8

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

Operating Gain
2021
£
Operating gain is stated after charging:
Depreciation and other amounts written off tangible assets
5,165
and after crediting:
Profit on disposal of tangible fixed assets
-
Employees
2021
Number of employees
The average monthly number of employees (excluding trustees) during the year was:
Administration Staff
7
Employment Costs
Financed by
General
Fund
2021
£
£
Wages & Salaries
44,499
44,499
Contract Staff Costs
38,518
38,518
Social Security Costs
6,853
6,853
Pension Costs
10,886
10,886
Payroll Management
1,199
1,199
Staff Training/Expenses
3,272
3,272
105,227
105,227
Tangible Fixed Assets
Office
Mini Bus
Fittings &
Motor
Equipment
Equipment
Vehicles
£
£
£
Cost as at 2nd March 2020
1,093
5,993
104,608
Additions
-
-
-
Eliminated on Disposal
-
-
-
Profit on Disposal
-
-
-
Disposal Proceeds
-
-
-
Cost as at 1st March 2021
1,093
5,993
104,608
Depreciation as at 2nd March 2020
1,093
5,798
99,638
Charge for Year
-
195
4,970
Eliminated on Disposal
-
-
-
Depreciation as at 1st March 2021
1,093
5,993
104,608
Net Book Value at 1st March 2021
-
-
-
Net Book Value at 1st March 2020
-
391
4,970		 2020
£
5,165
-
2020
7
2020
£
49,333
35,181
8,232
13,167
1,104
3,669
110,686
Total
£
111,694
-
-
-
-
111,694
106,529
5,165
-
111,694
-
5,361

5. Operating Gain

6. Employees

7. Tangible Fixed Assets

9

THE FRIENDLY TRANSPORT SERVICE (SHROPSHIRE) (A COMPANY LIMITED BY GUARANTEE) NOTES ON THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 1st MARCH 2021

8.
Debtors - All Receivable Within One Year
Trade Debtors
Other Debtors
Prepayments & Accrued Income
9.
Creditors - Amounts Falling Due Within One Year
Trade Creditors
Other Creditors
Accruals & Deferred Income
10. Analysis of Net Assets between Funds
General
Funds
£
Fund Balances as at 1st March 2021 as represented by:
Tangible Fixed Assets
-
Current Assets
70,805
Current Liabilities
(1,396)
69,409
11. Transport
2020
Incoming
£
£
Transport Income & Expenditure
-
124,337
12. Other Funds
2020
Incoming
£
£
Shropshire Community Car Scheme
-
-
Fund Raising
41,326
9,053
41,326
9,053		 Transport
Funds
£
£
-
-
-
-
Outgoing
£
(32,272)
Outgoing
£
-
(1,673)
(1,673)		 2021
£
2,456
-
-
2,456
2021
£
-
586
822
1,408
Other
Funds

£
-
48,706
-
48,706
Transfers
£
(92,065)
Transfers
£
-
-
-		 2020
£
8,265
-
-
8,265
2020
£
-
1,271
798
2,069
Total
Funds
£
-
119,753
(1,396)
118,357
2021
£
-
2021
£
-
48,706
48,706

10