OpenCharities

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2023-03-31-accounts

Trustees / Directors D. Tinnion(Chair-from31.3.2022)
C.Tilleray
H.Sana
L.Wilson
R.Holland
A.Ryan(resigned-16.6.2023)
S.Dogra
I.Pierce (resigned - 31.12.2022)
B.Tilley (appointed -28.7.2022 resigned - 31.8.2023)
Chief Executive John Chesters
Patron S.Pound
Registered Office Greenford Depot
GreenfordRoad
Greenford
MiddlesexUB69AN
Telephone: 020 8813 3210
www.ectcharity.co. uk
Company registration number 07211806 (England and Wales)
Charity registration number 1135354
Auditor BuzzacottLLP
130 Wood Street
LondonEC2V6DL
Banker National Westminster Bank
440 Strand
LondonWC2R0QS
Solicitors Bates Wells
10 Queen StreetPlace
LondonEC4RlBE
Russell-CookeLLP
2 Putney Hill
LondonSW156AB

Service Description
PlusBus Door-to-door journeys for people with mobility difficultiesorthose who
lackaccesstomainstream public transport
Group Transport Accessible minibus serviceforvoluntaryandcommunity organisations
(including charities, community groups and schools), assisting them in
achievingtheirown objectives
CommunityBus Localregisteredbusservices_for_remote villages operated under Section
22Permits
Training ProvisionofMiDAS andPATStraining
Outcome Area Howwehave provided this Annual
Value
Increased
independent
living
Shopping trips - we provide journeys forourusersto
supermarketsandretail outlets.Thisenables themto
undertaketheirownshoppingandcontinuetolive
independently.
£92,212
Reduced direct
health care
costs
Tripstohealthcare locations - weprovide journeysforour
userstohospitals,GPsandother medical appointments,
includingtreatment&therapy.This
ensuresthat
appointmentsarenot missed,andGPhome visits are
reduced.
£9,583
Increased level
of social
interaction
Socialtrips- we provide journeys which have the main
purposeofenabling peopletoget togetherandmeet one
another foroutingsandactivities.Thisincludes the
journeysweprovideforthe purposeofleisure, sport,
education, shopping, health,andother trips where
secondarysocial interaction willalsotakeplace.
£509,839
Improved
affordabilityof
accesstogroup
activities
We provideaccesstocost-effective, affordable, and
accessible group transport services for community groups
andorganisationstoenable themtopursue a wide range
ofactivities.
£138,406
Increased
volunteering
Weinvolve volunteer Trusteesinthe governanceofthe
charity, which includes specialist knowledge.Thisprovides
capacityandskillsthatwe valueandbenefits the
volunteers themselvesandthe wider community.
£3,160
Improved skills Our staffandvolunteers receive a rangeoftraining
includingMiDASfordrivers,PATSfor passengerassistants
andFirst Aid.Thisenhances our levelsofcustomer care and
wellbeingand
benefits other road users and the
community asa whole.
£10,585
Improved
wellbeing
Thegeneral healthofmanyofour regular older and
disabled passengers' benefits from their using the service.
The abilitytogetoutandabout brings both physical and
mental health benefits, reduces loneliness and leadsto
reduced longertermhealth carecosts.
£104,030
Total social value of our services £867,815

5 December 2023

15 December 2023

Incomeandexpenditure
Income from
Grantsanddonations
Charitable activities
Investments
Other income
Total income
Expenditureon
Charitable activities
Total expenditure
Net income before investmentgains
Net surplusonInvestments
Surplus on disposalofinvestment property
Net Income and net movementinfunds
Fundbalances at1April2022
Fundbalances at 31 March 2023
Note
2
3
4
6
7
Total
funds
2023
£
40
5,737,048
11,660
12,182
5,760,930
5,584,989
Toto/
funds
2022
£
110,458
4,943,256
20,045
5,437
5,079,196
4,986,471
5,584,989
175,941
175,941
3,812,137
4,986,471
92,725
30,673
123,398
3,588,739
3,988,078 3,812,137

5 December

Netcash(usedIn)providedbyoperating activities
Netcashprovidedbyoperating activities
Netcash(used in) provided by investing activities
Netcashprovided by financing activities
(Decrease) increase incashandcashequivalents
Cashandcashequivalentsat1 April
Cashandcashequivalents at 31 March
Notes to the consolidated statementofcashflows for the year ended 31 Ma
A
Netcashprovidedbyoperating activities
Net incomeforthe reporting period(asperthe statementoffinancial
Adjustments for:
Depreciation charge
Surplus on disposalaffixedassets
Surplus on disposalofinvestmentproperty
Interest and rents receivable from investment
Interest payable
(lncrease)/decrease in debtors
lncrease/(decrease) in creditors
Netcashprovidedbyoperating activities
B
Investing
Interest received
Investment Income received
Paymentstoacquire tangible fixed assets
Cashreceived on disposalofinvestmentproperty
Cashreceived on disposaloffixed asset
Netcashprovidedbyinvesting activities
C
Financing
Increase in finance lease obligations
Analysisofnet debt
Shorttermborrowings
Leaseliabilities
Total liabilities
Cash&cashequivalents
Total netdebt
rch 2023
activities)
2022
£
347,037
Note
A
B
B
Cashflows
£
103,673
(14,398)
89,275
69,882
159,157
2023
£
87,774
{345,588)
187,931
(69,883)
2,810,023
2022
£
556,327
185,361
741,688
2,068,335
2,740,141 2,810,023
2023
£
175,941
367,055
(11,660)
(547,235)
103,673
87,774
2022
£
123,398
350,907
(1,019)
(30,673)
(20,045)
94,984
38,775
556,327
2023
£
6,427
5,233
{357,248)
0
(345,588)
2023
£
187,931
Finance leases
£
47,874
154,455
202,329
202,329
2022
£
120
19,925
(269,571)
430,673
4,214
185,361
2022
£
2023
£
498,584
140,057
347,037
(2,810,023)
638,641
(2,740,141)
(2,462,986) (2,101,500)

1 AccountingPolicies(continued)
1.6 Income (continued)
Interest on funds held on depositisincluded when receivableandthe amountcanbemeasured reliably by the charity; thisisnormally upon
notificationofthe interest paid or payable by the bank.
Rent receivable and related service income are recognisedasthe services are delivered.
1.7 Expenditure and thebasisof apportioningcosts
Liabilities are recognisedasexpenditureassoonasthereisa legal or constructive obligation committing the Group tothatexpenditure,itis
probablethatsettlement willberequired and theamountofthe obligationcanbemeasured reliably.
Expenditureisincluded within the statementoffinancial activitiesonanaccrualsbasisandincludes any attributableVATwhich cannotbe
recovered. Expenditure comprises the following:
a.Thecostofraising funds relatestothe costofmanaging the investment property held by a subsidiary company.
b.Thecostofcharitable activities comprises expenditureonthe group's primary charitable purposesasdescribed in the Trustees'
report.
Themajorityofcosts are directly attributabletospecific activities.
Administrative costs which cannotbeattributed directlytoa particular activity are treatedassupport costs and are all attributed to charitable
activities and any other indirect costs, including governance,asany apportionment wouldbeimmaterial.
1.8 TangibleFixedAssets
Allassetswithanexpected useful lifeofmore than one yearanda value greater than £500 are capitalised. Theassetsare stated at costless
depreciation.
Depreciationisprovided at rates equivalenttothe anticipated lifeoftheasset.Theratesofdepreciation arebasedupon the straight line
method and areasfollows:
Office Equipment
- between20%and33%
Vehicles
- between10%and33%
leasehold Improvements
-20%
1.9 Investment Property
Properties heldforinvestment purposes are incuded in these accounts at open market value. The valuationhasbeen determinedbythe
Trusteeswithprofessional assistance.Gainsandlossesare added to the surplus orlossin the year in which they arise.
1.10 LeasedAssets
Assetsobtained under financeleasecontracts are capitalisedastangibleassetsandare depreciated over the expected useful life. Finance
leases are those where all the benefitsorrisksofownership are assumedbythe charity or company using the asset.
Theseobligations are included within creditors, netoffuture finance charges.Thefinance elementofthe paymentischarged to the statement
offinancial activities at the timeofpaymentandisamonthlycharge,basedonthe outstanding capitalforthe periodofthe lease.
All other leases are regardedasoperating leasesandthepayments made against them are chargedtothe statementoffinancial activity on a
straight linebasisover theleaseterm.
1.11 Debtors
Debtors are recognised at their settlementamount,less any provisionfornon-recoverability. Prepayments are valued at the amount prepaid.
They have been discountedtothe present valueofthe futurecashreceipt wheresuchdiscountingismaterial.
1.12 Cashat bankandinhand
Cashat bank and in hand representssuchaccounts and instruments that are availableondemandorhave a maturityoflessthan three months.
1.13 Pensions
During the year the charity contributedtotwodefined contribution schemes, with contributions recognisedasanexpenseinthe periodinwhich
they were incurred.
1.14 Creditors and provisions
Creditors and provisions are recognised when thereisanobligation at the balance sheet dateasa resultofa past eventanditisprobablethata
transferofeconomic benefit willberequired in settlement, and the amountofthe settlementcanbeestimated reliably. Creditorsand
provisions are recognised at the amount the charity anticipateditwillpayto settle the debt. They have been discounted to the present valueof
the futurecashpayment where such discountingismaterial.

Grants and donations
COVIDgrants
Donations
Total funds
2023
£
40
Tota/funds
2022
£
110,372
86
40 110,458

Income from charitable activities
CommunityTransport
Training
Other
Expenditure
Charitable activities
Community Transport
Training andother
Charitable activities
Community Transport
Training andother
Analysisofsupportcosts
Management and administration staff
Governance Costs
Premises costs
Office costs
Professional and legal fees
Other costs
Direct
staffcosts
£
2,868,711
32,057
Other
directcosts
£
1,993,540
1,993,540
Other
direct costs
£
1,615,685
200
1,615,885
Staff
costs
£
274,685
38,043
312,728
Total funds
2023
£
5,727,065
9,983
Tata/funds
2022
£
4,932,051
7,219
3,986
5,737,048
Support
costs
£
690,681
4,943,256
Total
2023
£
5,552,932
32,057
2,900,768
Direct
staffcosts
£
2,756,234
18,919
2,775,153
690,681 5,584,989
Suppart
costs
£
536,150
Total
2022
£
4,908,069
19,119
536,150
Other
costs
£
26,185
133,368
132,781
54,554
31,065
377,953
4,927,188
Total support
costs
2023
£
274,685
64,228
133,368
132,781
54,554
31,065
690,681

Managementandadministrationstaff
GovernanceCosts
Premises costs
Office costs
Professional and legal fees
Other costs
Staff
costs
£
161,732
23,786
185,518
Other
costs
£
22,547
80,775
99,087
42,093
81,832
326,334
Total support
costs
2022
£
161,732
46,333
80,775
99,087
42,093
81,832
511,852
Staffcosts
Wagesandsalaries
Social security
Pension costs
2023
£
2,924,981
189,941
98,S00
3,213,422
2022
£
2,787,306
149,466
73,982
3,010,754
during the yearwasasfollows:
£60,001 -£70,000
£70,001 -£80,000
2023
Number
1
2022
Number
1
1 1
Operations
Management and finance
2023
203
11
214
2022
188
18
206

Surplusfrom disposalofproperty
Proceeds on disposal
Valuationofasset
Costsincurred on disposal
2023
£
2022
£
450,000
{400,000)
(19,327)
30,673
Thisisstated after charging (crediting)
Depreciationofowned assets
Depreciationofleased assets
Other operating lease costs
(Profit)losson disposalofassets
Interest on finance leases
Auditor's remuneration - statutory audit
Auditor's remuneration -other
Bank interest received
2023
£
330,417
36,638
109,468
5,256
18,000
8,185
6,427
2022
£
304,815
46,092
389,506
(1,019)
19,618
6,839
120
Group
Cost
At 1 April 2022
Additions
Disposals
At 31 March 2023
Accumulated depreciation
At 1 April 2022
Disposals
Charged duringtheyear
At 31 March 2023
Net book value
At31 March 2023
At 31 March 2022
Leasehold
improvements
£
29,066
29,066
29,066
29,066
Office
equipment
£
145,188
3,664
(62,145)
86,707
109,160
{62,145)
15,280
62,295
24,412
36,028
Vehicles
£
5,176,704
353,584
(108,933)
5,421,355
4,277,816
(108,932}
351,775
4,520,659
900,696
898,888
Other
£
6,785
6,785
6,785
6,785
Total
£
5,357,743
357,248
{171,078)
5,543,913
4,422,827
{171,077)
367,055
4,618,805
925,108
934,916

8
Fixedassets(continued)
Charity
Cost
At1April 2022
Additions
Transfers from group undertakings
Disposals
At 31 March 2023
Accumulated depreciation
At 1 April 2022
Disposals
Transfers from group undertakings
Charged duringtheyear
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
leasehold
improvements
£
19,639
9,427
29,066
Office
equipment
£
125,147
3,664
20,041
(62,145)
86,707
Vehicles
£
3,864,471
353,584
1,312,233
(108,933)
5,421,355
Other
£
5,590
Total
£
4,014,847
357,248
1,341,701
(171,078)
5,590 5,542,718
19,639
9,427
97,589
(62,145)
11,571
15,280
2,978,737
(108,932)
1,299,079
351,775
4,520,659
900,696
885,733
5,590 3,101,555
{171,077)
1,320,077
367,055
29,066 62,295 5,590 4,617,610
24,412 925,108
27,559 913,292

2023
f
Value at 1 April 2022
Disposal
Value at31March 2023
2022
£
400,000
.(400,000)

Investments in subsidiaries
ECTGroupCIC
Total
Group
2023
2022
£
£
Charity
2023
£
2023
£
4
4
2022
£
4
4

Income
Expenditure
Proceedsfromdisposalofinvestment property
(Loss)profitfortheyear
Total assets
Total liabilities
Total provisions
Total funds
Dorset
Community
TransportLtd
£
2023
863,092
(905,683)
(42,591)
Dorset
Community
TransportLtd
£
2022
1,712,626
{1,703,940}
8,686
ECTGroupCIC
£
2023
7,759
(7,912)
(153)
ECTGroupCIC
£
2022
22,977
(7,912}
30,673
45,738
420,645
(505,101}
1,205,905
(3,957)
(391,679)
1,203,288
(3,950}
(391,679)
{84,456} 810,269 807,659
Debtors
Trade debtors
Prepayments
Accrued income
Social security andothertaxes
Amount due from subsidiary undertaking
Group Charity
2023
£
687,405
437,169
98,470
130,105
2022
£
554,430
141,276
70,952
39,256
2023
2022
£
£
687,405
358,080
437,169
87,215
98,470
30,925
130,105
39,256
354,565
1,353,149
870,041
1,353,149 805,914

Creditors:Amountsfalling due withinoneyear
Trade creditors
Social security andothertaxes
Pension creditor
Accruals andothercreditors
Obligations under finance leases and hire purchase
contracts
15
Creditors:Amountsfalling due afteroneyear
Obligations under finance leases and hire purchase
contracts
15
Group Charity
2023
£
106,560
52,076
14,747
277,327
47,874
2023
£
106,560
52,076
14,747
273,383
47,874
494,640
Charity
2022
£
55,848
32,547
9,288
117,634
215,317
2023
£
140,057
140,057
2022
£
2023
£
140,057
140,057
2022
£

Provision for liabilities and charges
Other liabilities
Designated funds
Community TransportforIsolated CommunitiesInDorset
EASIE(Elderly Accessible Service in Ealing)
DayTrip FundforEaling
DayTrip FundforCheshire
SocialValue Toolkit
ITsoftware
Business Development
Vehicle replacement project
Group
2023
2022
£
£
391,679
391,679
391,679
391,679
Utilisedinthe
At 1 April 2022
year
£
£
80,000
(9,443)
24,546
(7,075)
28,329
(10,021)
20,000
12,549
9,147
(9,147)
174,571
(35,686)
Charity
2023
£
New
designations
(releases)
£
60,000
317,000
2022
£
391,679
391,679
2022
£
At31March
2023
£
70,557
17,471
18,308
20,000
12,549
60,000
317,000
Utilisedinthe
year
£
(9,443)
(7,075)
(10,021)
(9,147)
174,571 (35,686) 377,000 515,885

MotorVehicles
Inone yearorless
Betweentwoand five years
Total finance lease commitments
Group
2023
£
36,139
151,792
187,931
2022
£
Charity
2023
£
36,139
151,792
187,931
2023
£
36,139
151,792
2022
£
187,931

LandandBuildings
Inone yearorless
Betweentwoand five years
Over five years
Plant and Equipment
Inone year orless
Intwotofive years
Total operating lease commitments
Group
2023
2022
£
£
124,865
121,115
270,450
356,335
29,042
395,315
506,492
21,363
51,219
575
24,159
21,938
75,378
417,253
581,870
Group
2023
2022
£
£
124,865
121,115
270,450
356,335
29,042
395,315
506,492
21,363
51,219
575
24,159
21,938
75,378
417,253
581,870
__
c_h_a_r_it~v___
2023
£
124,865
270,450
395,315
21,363
575
21,938
417,253
2022
£
100,865
315,960
29,042
445,867
50,352
20,980
71,332
517,199
395,315 506,492
21,363
575
51,219
24,159
21,938 75,378
417,253 581,870

FinancialAssets
Cashbalances
Financial assets measured atfairvalue through net income
Financialassetsmeasuredatamortised cost
FinancialLiabilities
Financial liabilities measuredatamortised cost
Group
2023
2022
£
£
2,740,140
2,810,023
785,875
593,686
Charity
2023
2022
£
£
1,534,249
1,520,918
785,875
389,005
567,874
173,482
571,818
291,552