2021-03-31-accounts - Ealing Community Transport

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	Contents	Contents
1	Introduction.
2	Legal and Administrative		Information
3	Introduction by the Chair
4	Objectives, Structure and		Governance. .		„4
	4.1	Overview and Objectives ofECT.			.........4
	4.2	Trustees and their appointment.			5
	4.3	Statement ofTrustees'	responsibilities	..	,„„6
	4.4	Governance ..			..7
	4.5	Statement ofPublic benefit			.........8
	4.6	Diversity and Inclusion.	.		.........9
	4.7	ECTsubsidiaries. .			...,9
	4.8	Connected charities &	related parties.	.	,...,...10
	4.9	Environment.			........10
	4.10	Supply Chain Management.			........11
5	Activities.
	5.1	Transport for Individuals.
	5.2	Group Transport.
	5.3	Community Bus			...12
	5.4	Training ..			...12
	5.5	Volunteering.			...12
6	Income generation and investment.				..„,12
	6.1	Community transport.			.....12
	6.2	Public sector procurement.			12
	6.3	Special Events.
	6.4	Fundraising.			.....13
	6.5	Donations.			....13
	6.6	Vehicle Investment. .			14
	6.7	Covid 19Pandemic			„,14
7	2020/21 Activities Report.				....15
	7.1	Staff and Management	Team.		.....15
	7.2	Activity and Outcomes	During Covid..		.....15
	7.3	Achievements and Performance ..			..18
	7.4	Performance Measurement.			.....20
	7.5	Section 19/22 permits	.		....21
	7.6	Looking forward ..			.....22
	7.7	Financial Review for the year ending 31March 2021			„,23
8	Social Value Created in 2020/21				.26
9	Independent Auditor's report to the members of Ealing Community				Transport. ..........29
10 Charity and group financial			statements

Consolidated	statement offinancial activities..	34
Group and charity balance sheet.		35
Consolidated	statement ofcash flows.	36
Notes tothe	financial Statements.	37

Trustees /	Directors			P. O'Keeffe (Chair)
				P.Creasey
				S.Krishna
				C. Tilleray
				D.Tinnion
				T.West
				H. Sana (appointed 5.10.2020)
Chief Executive				John Chesters
Registered	Office			Greenford Depot
				Greenford Road
				Greenford
				Middlesex U86 9AP
				Telephone: 02088133210
				www. ectcharity. co.uk
Company	registration		number	07211806(England and Wales)
Charity registration		number		1135354
Auditor				Buzzacott LLP
				130Wood Street
				London EC2V 6DL
Banker				National Westminster	Bank
				440 Strand
				London WC2R OQS
Solicitors				Bates Wells
				10Queen Street Place
				London EC4R 1BE
				Russell-Cooke LLP
				2 Putney Hill
				London SW15 6AB
				AN Law
				Warnford Court
				29Throgmorton Street
				London EC2N 2AT
				BDBPitmans LLP
				50 Broadway
				London SW1H OBL

			appointments are not missed, and GP home visits are
			reduced.
Increased	level		Social trips —we provide journeys which have the main	6111,957
ofsocial			purpose of enabling people to get together and meet one
interaction			another for outings and activities. This includes the
			journeys we provide for the purpose of leisure, sport,
			education, shopping, health, and other trips where
			secondary social interaction will also take place.
Improved			We provide access to cost-effective, affordable, and	622,616
affordability		of	accessible group transport services for community groups
accessto	group		and organisations to enable them to pursue a wide range
activities			ofactivities.
increased			We involve volunteer Trustees in the governance of the	65,267
volunteering			charity, which includes specialist knowledge. This provides
			capacity and skills that we value and benefits the
			volunteers themselves and the wider community.
Improved	skills		Our staff and volunteers receive a range of training	68,342
			including MiDAS for drivers, PATS for passenger assistants
			and First Aid. This enhances our levels ofcustomer care and
			wellbeing and benefits other road users and the
			community as a whole.
Improved			The general health of many of our regular older and	644,048
wellbeing			disabled passengers' benefits from their using the service.
			The ability to get out and about brings both physical and
			mental health benefits, reduces loneliness and leads to
			reduced longer term health care costs.
Total soci	al	value	ofour services	6271,120

						Total	Total
						funds	funds
					Nate	2021	2020f
Income and expenditure
Income from
Grants and donations						376,515	504
Charitable activities						4,745,187	5,019,771
Investments						21,106	26,681
Other income						2,146	5,920
Total income						5,144,954	5,052,876
Expenditure on
Chari tab Ieactivities						4,927,188	5,294,400
Total expenditure						4,927,188	5,294,400
Net income (expenditure)	before		inuestment	gains		217,766	(242,524)
Net surplus (loss) on investments
Surplus on disposal ofsubsidiary			company				443,846
Net Income and net movement		in funds				217,766	202,322
Fund balances at 1April 2020						3,470,973	3,268,651
Fund balances at 31March 2021						3,688,739	3,470,973

						Group		Charhy
					Note	2021	2020	2021	2020
						6	6	E	6
Fixed Assets
Tangible assets					8	1,019,447	1,147,863	990,157	1,094,S17
Investment	property				9	400,000	400,000
Investments		in subsidiaries			10
Current Assets						1419447	1,547,S63	990161	1.,094,821
Debtors						900,898	1,146252	1,189,124	999,854
Cash at bank		and in		hand		gfgSSP85	1,607,623	1,028,351	670,123
						2,969,233	2,753,875	2,217,475	1,669,977
Creditors: amounts			falling due within one year		12	)308262)	(433018)	(187,672)	(317,974)
Net current	assets
Total assets	less current liabSltles					4,080,418	3,863,722	3,019,964	2,446,824
Provision for		liabilities		and charges
Net assets						3,688,739	3,470,373	3IG.9964	2 633745
Represented		by:
Unrestricted		Funds
General funds						3,466,725	3,182,188	2,797,950	2,158,039
Designated	funds				14	222,014	288,785	222,014	288,785
Totalcharity		funds				3,688,739	3,470,973	3,019,964	2,446,824

Net cash (used In) provided by operating	Net cash (used In) provided by operating	Net cash (used In) provided by operating	activities	activities	Note	2021 9	2020 E
	~et cash provided by operating activities					857,333	346,095
	~et cash (used mj provided by investing			activities		(297,796)	(606,294)
	Net cash used in financing activities					(98,825)	(275,177)
	(Decrease) increase in cash and cash equivalents					460,712	(595,216)
	Cash and cash equivalents at	1April				1.,607,623	2,142839
	Cash and cash equivalents at	31March				2,068,335	1,607,629
Notes tothe consolidated statement		ofcash flows for the year ended 31March 2021
						2021	2020
A	Net cash provided by operating activities					E	9
	Net expenditures forthe reporting		period (as per the statement of financial activities)			217,766	202,322
	Adjustments for:
	Depreciation charge					448,791	507,726
	Surplus on disposal offixed assets					(1,473)	(1,514)
	Amounts due on disposal of	subsidiary					(443,846)
	Interest and rents receivable	from	investment			(21,106)	(26,681)
	Interest payable					936	10,3\2
	Decrease in provision for liabilities		and charges			(1,070)
	Decrease/(increase) in debtors					245,353	(315,979)
	IDecrease)/increase in creditors					(31,864)	419,755
	Net cash provided by operating activities					857,333	346,095
8	Investing					2021 6	2020f
	Interest received					284	6,891
	Investment Income received					20,$22	19,950
	Payments to acquire tangible	fixed	assets			(320,375)	(694,329)
	Cash received on disposal of	subsidiary
	Cash received on disposal of	fixed	asset			1,473	1,514
	Net cash provided by Investing activities					(297,796)	(606134)
						2021	2020
	Financing					6	E
	Repayments offinance lease	obligations				(98,825)	(275,177)
Analysis ofnet debt
					2020	Cash Rows	2021
					6
	Long term borrowings
	Short term borrowings				340,128	(31,866)	308,262
	Lease liabilities				97,$89	(97,$89)
	Totalliabilities				438,017	(129,755)	308,262
	Cash ILcash equivalents				(1,607,623)	(460,712)	(2068~)
	Iotal net debt				(1,169,606)	(590,467)	(1,760,073)

1	Accounting Policies («ontinued)
1.6	Income )continued)
	Interest on funds held on deposit is included when receivable		and the amount can be measured		reliably		by the charity; this is normally								upon
	notification ofthe interest paid or payable by the bank.
	Rent receivable and related service income are recognised as		the services are delivered.
1.2	Expenditure and the basis ofapportioning costs
	liabilities are recognised as expenditure as soon	as there is a	legal or constructive obligation committing				the Group	to	that expenditure,							it is
	probable that settlement will be required and the amount of		the obligation can be measured	reliably.
	Expenditure is included within the statement of	fmancial activities on an accruals basis and includes				any	attributable	VAT which			cannot				be
	recovered. Expenditure comprises the following:
	a. The cost ofraising funds relates	to the cost of managing the investment property held by a subsidiary							company.
	b. The cost ofcharitable activities comprises expenditure on the group's primary				charitable		purposes	as	described		in		the	Trustees'
	report.
	The majority ofcosts are directly attrib u tab Ie to	specific activities.
	Administrative costs which cannot be attributed	directly to a	particular activity are treated as	support costs and are				ag attributed				to charitable
	activities and any other indirect costs, includmg	governance,	as any apportionment would be	immaterial.
1.8	Tangible Fhed Assets
	Ag assets with an expected useful life of more than one year		and a value greater than E300are		capitalised. The assets				are stated			at cost				less
	depreciation.
	Depreciation is provided at rates equivalent to the anticipated		life ofthe asset. The rates of depreciation				are based	upon		the straight				line
	method and are as follows.
	Office Equipment	-between 20N and 33%
	Vehicles	- between 10N and 33SI
	Leasehold Improvements	-20SI
1.9	Investment Property
	Properties held for investment purposes are incuded in these accounts at open market value.				The valuation has been				determined				by	the
	Trustees with professional assistance. Gains and losses are added to the surplus or loss in the				year	in which they arise.
1.10	Leased Assets
	Awets obtained under finance lease contracts are cap italised		as tangible assets and are depreoated			over the expected useful life.							Finance
	leases are those where ag the benefits or risks ofownership		are assumed by the charity or company			using the asset.
	These obligations are included within creditors,	net of future	finance charges. The finance element			ofthe payment		is	charged to			the statement
	offinancial activities at the time of payment and	is a monthly	charge, based on the outstanding		capital for the period				of	the lease.
	Ag other leases are regarded as operating leases	and the payments made against them are charged				to the statement			offinanoal			activity				on a
	straight line basis over the lease term.
1.11	Debtors
	Debtors are recognised at their settlement amount, less any		provision for non-recoverability.		Prepayments are valued at the amount										prepaid.
	They have been discounted to the present value	ofthe future cash receipt where such discounting				is material.
1.12	Cash at bank and in hand
	Cash at bank and in hand represents such accounts and instruments that are available on demand					or have a maturity			of	less than		three				months.
1.13	Pensions
	During the year the charity contributed to two defined contribution schemes, with contributions recognised as an							expense in the period								in which
	they were incurred.
1.14	Creditors and provisions
	Creditors and provisions are recognised when there is an obligation at the balance sheet date				as a	result	of a past event			and it is		probable that a
	transfer ofeconomic benefit will be required in	settlement, and the amount ofthe settlement			can	be estimated reliably.				Creditors			and
	provisions are recognised at the amount the charity anticipated it will pay to settle the debt.			They		have	been discounted			to the	present					value of
	the future cash payment where such discounting	is materia.

Grants an	d	donations
							Total funds	Totalfunds
							2021	2020
							E	6
COVID lob	Retention Scheme grants						371,170
Donetioris							5,345	504
							376,515	504
Income from charitable			activities
							Totalfunds	7otolfunds
							2021	2020
							6	E
Community		Transport					4,742,845	5,005,178
Training							792	6,537
Other							1,550	8,056
							4,745,187	5,019,772
Expenditure
					Direct	Other	Support	Total
					staffcosts	direct costs	costs
								2021
								6
Charitable	activities
Community		Transport			2,756,234	1,615,685	536,150	4,908,069
Training and other					18,919	200		19,119
					2,775,153	1,615,885	536,150	4,927,1$$
					Direct	Other	Support	Total
					staff costs	dil act cocle	COSh'
								2020
								E
Charitable	activities
Community		Transport			2,720,947	2,934,398	610,182	5,265,527
Training end other					29,799	9,074		28,873
					2,740,746	2,943+72	610,182	5,294,400
						Stuf	Other	Totalsupport
Analysis ofsupport costs						costs	costs	costs
								2021
						6		6
Management		and administration		staff		200,912		200,912
Governance		Costs				29,013	30,305	59y318
Premises costs							111,492	111,492
Office costs							83,028	$3,028
Professional		and legal fees					50,253	50,253
Other costs							31147	31147
						229,925	306,225	536,150

Analysis ofsupport	Analysis ofsupport	costs	(continued)	(continued)
							staff	Other	Totolsupport
							costs	costs	costs
									2020
							E		6
Monogemen Governance	tend Costs	administration		stuf			224,205 37,548	28,646	224,205 66,194
Premises costs								107,830	107,830
Office costs								102,123	102,123
Professional	ond legolfees							64,851	64,851
0therc os ts								44,979	44,979
							261,753	348,429	610,182
The basis of	apportionment		ofsupport costs is set out in the		accounting	policies.
Staff costs
								2021	2020
								6	E
Wages and salaries								2,763,735	2,744,846
Social security								162,256	177,382
Pension costs								73,924	72,227
								2,999,915	2,994,455
Restructuring	costs							2,461	5,725
								3,002,396	3,000,180
The number	ofemployees		who	earned 560 000 per annum	or more (including		taxable benefits, but excluding	employer pension	contributions),
during the year was as follows:
								2021	2020
								Number	Number

Surplus fro	m	disposal ofsubsidiary company
			2021	2020
Release of	deferred consideration			999,945
Costs incurred		to date	(1,070)	(163,350)
Movement	in	provision for future liabilities
				443,846

								2021	2020
	This isstated after charging		(crediting)					6	6
	Depreciation ofowned	assets						291,426	236,200
	Depreciation ofleased assets							157,365	271,526
	Other operating lease costs							135,018	129,286
	(Profit) loss on die pose I	ofassets						(1,473)	(1,514)
	Interest on finance leases							936	10,312
	Auditor's remuneration	-statutory		audit				24,130	21,320
	Auditor's remuneration	-other						6,175	7,275
	Bank interest received							2$4	6,831
8	Fbred assets
	Gniiip				leasehold	Office
					improvements	equipment	Vehicles	Other	Total
					6	6	6		E
	Cost
	At 1April 2020				29,066	127,112	4,840,797	6,785	5,003,760
	Additions						320,375		320,375
	Dlsposais					(1,195)	(196,682)		(197,$77)
	At 31March 2021				29,066	125,917	4,964,490	6,785	5,126,258
	Accumulated depreciation
	At 1April 2020				29,066	111,461	3,708,585	6,785	3,$55,897
	Disposals					(1,195)	(196,682I		(197,877)
	Charged during the year					7889	440 902		448791
	At 31March 2021				29,066	118,155	5,952,805	6,785	4,106,811
	Netbookvalue
	At 31.March 2021					7,762	1,011,6$5		1,019,447
	At 31 March 2020					15,651	1,132.212		1,147,863

Charity			Leasehold	Office
			improvements	equipment	Vehicles	Other	Total
			6	6	6		E
Cost
At 1 April	2020		19,639	105,380	3,515,157	5,590	3,645,766
Additions					320,375		320,375
Transfers	to	group undertakings
Disposals					(66,470)		(66,470)
At 31March		2021	19,639	105,380	3,769,062	5,590	3,899,671
Accumulated		depreciation
AtI April	2020		19,639	96,604	2,429,116	5,590	2,550,949
Dispose la					(66,470)		(66,470)
Transfers	to	group undertakings
Charged	during the year			4,772	420,263		425,D35
At 31March		2021	19,639	101,376	2,782,909	5,590	~9324
Net book value
At 31March		2021			986,153		990,157
At 31March		2020		8, 776	1,086,041		1,094,817

2021	2020
400,000	400,000

Group		Charity
2021	2020	2021	2020
6	E	8	6

							Dorset	Dorset
							Community	Community
							Transport Ltd	Tralrsport LM	ECTGroupCIC	ELTGroup CIC
								E	E	E
							2021	2020	2021	2020
				Income			1,658,18D	1,576,677	23,512	28,897
				Expenditure			(1,567,475)	(1,646,390)	(6,618)	(9,770)
				Proceeds I'rom disposal ofsubsidiary		company				443,846
				(Loss)profrt for the year			90,705	(69,713)	16,$94	462,973
				Tote Iassets			587,488	435,307	1,159,139	1,604,952
				Totalliabilities			(680,630)	(619,154)	(5539)	(4,203)
				Total provisions					(381,679)	(392749)
				Totalfunds			(93,142)	(183,847)	761,921	1,208,000
Debtors
							Group		Chafhy
							2021	2020	2021	2020
							3	E	E	E
Trade debtors							592,417	519,113	60$,958	339,771
Prepayments							119,695	96,968	84,756	64,363
Accrued	income						143,685	52,840	314,9$$	166,686
Social security and other taxes							45,101	84,392	26,954	59,375
Otherdebtors								392,939		l90
Amount	due from subsidiary				undertaking				153,468	369,469
							900.8$8	l,l46,252		999854
Creditors:		Amounts falling due within one year
							Group		Charity
							2021	2020	2021	2020
							E	E	E	E
Trade creditors							58,555	93,668	47,382	73,365
Social security and other taxes							45,310	50,299	35,347	38,602
Pension	creditor						10,740	16,962	7,556	13,888
Accruals	and other creditors						193,657	179198	97,387	94,230
Obligations			under finance leases and hire purchase			contracts		97,$89		97,889
							308,262	438,016	187,672	317,974
Provision		for lhbgities and charges
							Group		Charity
							2021	2020	2021	2020
							E	E	6	E
Brought	forward			at I April 2020			392,749
Provision	in		year					392749
Released	in year						(1,070)
Carried forward				at 31March 2021			391.,679	392,749

Designated	funds
								New
						Utglsed	inthe	designations	At 31March
					At 1April 2020		year	(releases)	2021
					9		E	E
Community	Transport for		Isolated Communities	in Dorset	80,000				go,aao
EASIE (Elderly Accessible		Service in Ealing)			40,000	(10,055j		5,295	35,240
Day Trip Fund for Eating					30,000		(1,671)		28,329
Day Trip Fund for Cheshire					20,000				20,000
Social Value	Toolkit				12,889		(340)		12,549
ECTCharity	Operations	and Strategic Planning		Review	40,000			(40,0CO)
~apartment	for Transport		Consultation/Guidance		20,000		(200)	(19,8001
ITsoftware					15,896				15,896
Cuckoo Lane Project Development					30,000				30,000
					268,785	(12,266)		(54,505)	222,014