REGISTERED COMPANY NUMBER: 0715018S (England and Wales)
REGISTERED CHARITY NUMBER: 1136169
RISBOROUGH AREA COMMUNITY BUS
REPORT OFTHETRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Mercer Lewin Ltd
Chartered Accountants
6-7 Citibase
New Barclay House
234 Botley Road
Oxford
OX2 OHP

RISBOROUGH AREA COMMUNITY BUS
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
Page
Report of the Trustees
1 to 7
Independent Examinerfs Report
Statement of Financial Activities
Balance She8t
10
Notes to the Flnanclal Statements
11 to 15
Detailed Slatement of Financial Activttles
16

RIS8OROUGH AREA COMMUNITY BUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED S APRIL 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 5 April 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 Ir8land (FRS 102) (eff8ctive 1 January 2019).
OBJECTIVES AND ACTMTIES
Objectlves and aims
In selting objectives and planning for actlvtties, the Trustees have giv8n due consideration to general
guidance published by the Charity Commission relating to public benefit, including the guidance 'Public
benefrt: running a charity (PB2)'.
The charity's objects are specifically restricted to provkling, operating and maintaining transport facilities for
people in the Risboroughs and adjacent parishes, induding Bledlow cum Saunderton, Ellesborough, Great &
Little Hampden, Great & Little Kimble Gum Marsh, Lacey Green and Longwck cum Ilmer, who have special
need of such facilities because they ar& elderly, poor or disabled, have young children or live in isolated areas
where there are no adequate transport facilities.
Slgnlficant activities
Th8 charity provides a community bus service.
Public benefrt
RACB provides public benefit by operating under Section 22 of the Road Traffic Act 1998. Section 22 permits
are issued to bodies concemed for the social and welfare needs of one or more communities. They operate
vehides without a view to profit and use those vehicles to provide a community bus s8rvic8. Communty bus
services are 'local bus services, and can carry th8 general publlc. Local bus services are defined as seFViCeS
using public service vehicles for the carriage of passengers by road at S8parat8 fares on which passengers
may travel for less than 15 miles.

RISBOROUGH AREA COMMUNITY BUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
ACHIEVEMENT AND PERFORMANCE
Review of Activlties:
The Charity is run by its Trustees and Management Committee who are all volunteers and who offer up their
time on a continuous basls to direct and monitor operations. The volunteer drivers continue to give their time
extremely generously.
The Trustees are grateful to all volunt8ers for their willingness to commit their time to RACB and ensure its
ongoing success.
RACB'S Community Bus Service cornpleted another successful year in 2023124, op8rating what is regarded
by our passengers as a respected and essential local bus service that helps reduce social and rural isolation
for many people.
Feedback from passengers is important to RACB and in February 2024 a Passenger Satisfaction SuNey was
conducted to measure the level of satisfaction and act as a benchmark for future suNeys. This survey found
that 980/0 of passengers were Satisfied with RACB.
RACB'S promotion and publicity work continues to underpin its strategy to raise the profile of its local bus
services, attract naw passengers and increase the number of pass&ng8r journeys. Data shows the long-term
trend in passengerjourn8y numbers, post Covid, is one of a small but gradual increase of c.100/0 P8r year, but
month on month variances do exist, often due to seasonal influences. However, the total number of
passenger journeys in 2023124 is still about half of pre-covid levels and therefore RACB'S promotion and
publicity work remain crucial to help maintsin the current trend.
One of the biggest challenges that RACB faced during the year was the increasing unreliability of the minibus.
primarily due to its high mileage, accumulated over the past 7 years.
The frequency of breakdowns increased over the year, but despite this, RACB ensured disruption to
pass8ngers was kept to an absolute minimum by hiring a ￿placement minibus in a tim81y manner.
Operational expenditure on bus repairs and bus hire increased compared with previous years, but RACB was
able to fund this from its Reserves.
As part of RACB'S investment and asset renewal strategy, an order was placed with a chosen bus
manufacturer in April 2023, for the supply of a new minibus. Placing th8 order was the culmination of many
months of assessing the most suitable and practical make, model and specification of minibus best suited to
RACB'S needs and operations.
RACB fvnded this investment by a combination of money from RACB Reserves, two successful applications
for grant funding equivalent to c.170/¢ of th8 gross purchase price and negotiating a trade-in value for our
existing minibus, equivalent to c.20 % of the gross purchase price.
The new bus was brought into service in earty March 2024 and re-branded with a new colour scheme, based
on the green theme of RACB'S original branding.
During the second half of 2023124 and as part of forward planning, RACB developed options to modify and
extend RACB'S existing bus routes and limetable to expand RACB'S 'bus offer, locally and to help increase
the number of passengerjourneys.
The two UPP8r tiar local authoriti&s, Buckinghamshire Council and Oxfordshire County Council, supportad
RACB with all aspects of this work, including offering income subsidy for 2024125 for route extensions.
The Driver and Vehicle Stsndards Agency (DVSA) approved RACB'S application for the modifications in
March 2024, with a committed launch date of 7th May 2024.
RACB has also worked with Buckinghamshire Council to prepare for the introduction of Real Tim& Passenger
Information (RTPI) data collection in 2024125.
The RTPI data when collected will help RACB measure its 'on time, performance in relation to its publish&d
timetsble and also enable passengers to use electronic timetabling facilities at key bus stops to check live
departure times of RACB servic8S.

RISBOROUGH AREA COMMUNITY BUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
RACB plans to launch the RTPI system to coincide with the launch of RACB'S route and limetable
modifications on 7th May 2024.
Investment policy and performance
RACB maintains a detailed Investment Policy appropriate for a small charity with cash investments. The
Investment Policy is reviewed annually.
In short. the Charitls Investment Policy is to ensure sufficient liquidity for short-term funding for its day-to-day
OP8rations, and longer-term investment to build reserves to fund the purchase of a replacement minibus
when required.
In the past year, cash investments in instsnt access savings accounts, notice savings accounts and
fixed-term savings bonds generated interest income of £3,72912023.' £4,482). The Charity seeks to produc8
the best financial return on its investments {capital growth & income) within an acceptable level of risk. As the
assets are expected to be spent within the next five years on the purchase of a replacement minibus, capital
preservation is of paramount importanca.
RACB'S investments are h81d in bank accounts available to charities. The amount invested with any single
financial institution is limited to the maximum protected by the Financial Services Compensation Scheme
(FSCS) currently £85,000.
The Trustees are responsible for making investment decisions, including approving the investment policy,
s8tting investment objectives, and sel8cting investment accounts.
Key perfonnance indicators
RACB has three Key P8rforman¢e Indicators (KPls)'.
1. Delivery of approximataly 20,000 passengerjourn8ys per year.
2. Maintenance of sufficient number of qualified drtvers to sustain the service.
3. Financial stability.
The seGond two KPIS were achieved, however due to the legacy of the pandemi¢ the first KPI was still not
achieved during the year, this was d&spite ongoing promollon of the Community Bus services locally.
A review of KPIS will be carried out during 2024125.
FINANCIAL REVIEW
Principal funding sources
The principal funding sources for RACB during 2023124 are fares. the rebate from Buckinghamshire Council
on concessionary fares, income subsidy from Buckinghamshire Council for the Kimbles and Ellesborough
route, donations and the Bus Service Operators
Grant from the Government. Occasionally, small grants are made by IoG81 councils and other local bodies.
Two grants were successfully applled for and awarded to assist with the purchase of RACB'S new bus in
March 2024.

RISBOROUGH AREA COMMUNITY BUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
FINANCIAL REVIEW
ReseNes policy
RACB has a detalled Reserves Policy which is reviewed and updated annually.
In short, the Charity's Reserves Policy is to build. source and maintain financial reserves ov8r time sufficient
to sustain its Objects in the short and long term.
The Charity holds free Unrestricted Reservas of £142,369 (2023: £217.583). These fvnds are held in
mixture of instant access bank accounts and fixed-term savings accounts. The reduced level of Unrestricted
Reserves arises from the purchase of a new minibus during this financial year.
The Trustees have designated funds of £97,000 from the Unrestricted Reserves towards the replacement of
the minibus in c. 2029130. The balance of reserves (£45,000) are held as a combined sum for: a cash-flow
reserve (for the risk of cash-flow problems arising from late payments within the annual operating budget). a
contingency reserve (to mitigate the risk of serious unexpected repairs to the minibus andlor a reduction or
removal of funding support from the local council). and a closure reserve (should the Trustees determine that
the Charity has come to the end of its useful life and needs to close down).
FUTURE PLANS
Set against its Oblective, RACB has achieved a satisfactory perfomiance. RACB continues to provlde a highly
valued service to th8 local community, is financially sound and has built a reserve of funds that wll stand it in
good stead when the time comes to replace the bus again in c.2029130.
RACB has developed modifications to its routes and timetable, which will be launched in May 2024 and
intended to expand RACB'S 'bus offer, locally.
RACB has also developed strategies that will help address future developments in demography and housing
in and around Princes Risborough and Continues to enjoy support from Buckinghamshire Council, local parish
councils, local businesses. Community Impact Bucks and, most importantly, our passengers by way of their
patronage and donations.
Since appointment as a Trustee, Director and Chaimian of the Management Committee, Mr Stevens has
been conducting a 'light-touch' health check of RACB, the findings of which will be reported to Trustees in
2024125.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Charlty constitution
The company is registered as a charitable company limited by guarantee and was set up by a Memorandum
of Association on 08 February 2010. as amended on 23 May 2016.
The company is conslituted under a Memorandum of Association dated 08 February 2010, as amended on
23 May 2016, and is a registered charity number 1136169.
Risborough Area Community Bus is a company limited by guarantee and an exempt charity. The charitable
companls memorandum and articles of association are its primary governing documents.
The Trust88s of Risborough Area Community Bus are also the directors of the charitable company for the
purposes of company law. The charitable company is known as Risborough Area Community Bus or RACB
for short.
Details of the Trustees who served throughout the year are inclLSded in the Reference and Administrative
Details on page 7.

RISBOROUGH AREA COMMUNITY BUS
REPORT OF THETRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appolntment of new trustees
The subscribers to the memorandum are the members of the charity. Membershlp is open to other individuals
or organisations who app5y to the charity in the fomi required by the Directors and are approved by thè
Directors.
The Directors may only refuse an application for membership if. acting reasonably and properly, they consider
it to be in the best interests of the charty to refuse the application.
The Directors must infomi the applicant in writing of the reasons for the refusal within twenty one days of the
decision.
The Directors must consider any written representations the applicant may make about the decision. The
Directors. decision following any written representations must be notified to the applicant in writing but shall be
rinal. Membership is not transferrable. The Directors must keep a register of names and addresses of the
members.
Organisational structuro
Overall control of RACB is axercised by a Board of Directors￿rustee5, under the provisions of the
Memorandum and Articles of Association of Risborough Area Community Bus.
The Board of DirectorslTrustees is responsible for setting policy and the overall strategy for RACB and for
ensuring RACB meets the legal requirements of Companies House and the Charity Commission.
Management of services is exercised by a Management Committee, currently with 9 members of whom 7 are
active driv&rs. The Management Committee is fully accountable at all times to the RACB Board of
Direclorsffrustees. The RACB Board of Dire¢torslTrustees has the power to appoint. override. amend, or
dismiss the RACB Management Committee.
The Management Committe8 manages all day-to￿aY operations including route selection and
implementation. bus maintenance., recruitment, selection, training, certification and management of volunteer
drivers: scheduling of drivers on service routes, group usage and outings. marketing and publicity for RACB"
ensuring that the health & safety of passengers and drivers is maintsined at all times to the highest possible
standard; liaison with the Community Transport Association (CTA)" passenger data and R8al Time
Passenger Infomiation {RTPI) analysis and assessment" data analysis thè Department for Transport (Dff)
and the Local Authority to ensure legality and continuity of operation.
The Management Committee manages financial matters including the maintenance of Business and
Financial Plans- setting, collecting and accounting of cash fares; collection and accounting of cash donations.
managing accounts wisely. legally and efficiently- facilitating an annual examination by a Qualified Person;
managing inveslments to maximise income whilst minimising risk. ensuring adequate and comprehensive
insurance coverfor bus and drivers, including public and personal indemnity cover.
The Management Committee provides administrative functions including the appointment and remuneration
of a Coordinator; the appointment and remuneration of an accountant" the remuneration of specialist advice
on the use of QuickBooks Accounting. drawing up an annual Business Plan for consideration by the Board of
Directors", tnaintaining data on bus operations and RTPI: and planning and execution of meetings.

RISBOROUGH AREA COMMUNITY BUS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 5 APRIL 2024
STRUCTURE. GOVERNANCE AND MANAGEMENT
Induction and training of new truslees
It is desirable that potential Trustees have served on the RACB Management Committee before being
seSected and then, if applicable, elected as a Trustee by the Board of Trustees. In the majority of cases,
Trustees are either curr8nt or former RACB volunleer drivers, having been trained to Minibus Drivers
Awar8ness Scheme (MIDAS) standard.
Personnel Changes
Personnel changes have occurred during the year. Two r8signations were received and two new
appointments made.
Mr Johnson resigned as a Director of RACB and Chairman of the Management Commtttee in November
2023. Mr Johnson remains a Trustee.
Mrs Carmicha81 resigned as a Director of RACB and Treasurer in March 2024. Mrs Carmichael remains
Trustee.
Mr Stevens was appointed as a Trustee and Dir8Ctor of RAC8 and Chaimian of the Management Committee
in November 2023.
Mr R Morgan was appointed as RACB'S Honorary Treasurer in March 2024.
Key management remuneration
Apart from th8 appointment and remuneration of the of the Coordinator, Accountsnt5 and specialist advisers,
all others involved with RACB arè unpaid volunteers
Members. liability
Each member of the charitable company undertakes to contribute to the assets of the charitable company in
the event of it being wound up while they are a member, or within one year after they cease to be a member,
such amount as may be required, not exceeding £10 for the debts and liabilit18s contracted befor8 they
ceased to be a member.
Trustees. indemnities
Trustees benefit from indemnity insurance to cover the liability of the trustees which by virtue of any rule of
law would otherwise attach to them in r8spect of any negligence, default or b￿aGh of trust or breach of duty of
which they may be guilty in r81ation to the TrusL The cost of this insuranc8 in th8 year was about £390 (2022..
£327).
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07150185 (England and Wales)
Reglstered Charity number
1136169
Registered offirA
Longwick Road
Princ8s Risborough
Buckinghamshire
HP27 9RT

RI8BOROUGH AREA COMI1UNI￿ BUS
REPQRT QF THE TRIISTEES
FOB ThEYEAR ENDED S APRIL 2024
Tni•tees
R Bamard
Ms J CarrAl¢hael
P G J¢)hn80n
RMPage
M A Thomas
! stevens (appoint•d 27111 r2023)
Indep•ndont 6x•mlner
Mercer Lth¥ln Ud.
Chgrtered Accountants
6-7 Citibase
New Bar¢lay H￿Se
234 Botley Road
Oxford
Approved by. order board of trustee5 On _
and 8￿Tred on its k*hall ky,
R la - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
RISBOROUGH AREA COMMUNITY BUS
Independent examiner's report to the trustèes of Risborough Area Community Bus ('the Company.)
I report to the Charity trustees on my examination of the accounts of the Company for the year ended
5 April 2024.
Responsibllltles and basis of report
As the charitys trustees of the Company (and also its directors for the purposes of company law) you ar8
responsible for the preparation of the accounts in accordance with the requirements of thé Companies Act
2006 ('the 2006 ACVI.
Having satisfied myself that the accounts of the Company are not required to be audited urlder 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'l. 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
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..
accounting records were not kept in respect of the Company as required by Section 386 of the 2006
the accounts do not acGord with those records,. or
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 Irue and fair view which is not a matter considered as
part of an independont examination. or
the accounts have not be8n prepared in accordanc8 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 hav8 no concerns and have come across no other matters in connection with the examination to which
attention should ba drawn in this rèport in order to enable a proper understanding of the accounts to be
reached.
Andrew Churchill Stone
The Institute of Chartered Accountants in England and Wales
Mercer Lewin Ltd
Chartered Accountants
6-7 Citibase
New Barclay House
234 Boiley Road
Oxford
OX2 OHP
Date..
13. N:ThJ ?4

RISBOROUGH AREA COMMUNITY BUS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
2024
Unreslricled
fund
2023
Total
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
27,994
7,314
Charftable activities
Providing, operating and maintaining
transport facilities
30,892
22.339
Investment income
Other income
3,729
28,000
4,482
Total
90,615
34,135
EXPENDITURE ON
Charitable activities
Providing, operating and maintaining
transport facilities
40,114
36,772
NET INCOMEI(EXPENDITUREI
50,501
(2.637)
RECONCILIATION OF FUNDS
Total funds brought forward
220,150
222,787
TOTAL FUNDS CARRIED FORWARD
270,651
220,150
Th8 notes fomi part of these financial statements

RISBOROUGH AREA COMIAUNITY BUS
BALANCE SHEET
S APRIL 2024
2024
un￿Stn.¢ted
fund
2023
Total
funds
Notes
FIXED ASSETS
Tangible assets
112,094
2,868
CURRENT ASSETS
Debto
Cash at bank
19.867
142,369
2,500
217.583
182.236
220.083
CREDITORS
Amounts falling due within one year
(3,679)
(2,801)
NEf CURRENT ASSErs
158,557
217,282
TOTAL ASSEfs LESS CURREKr
UABIUTIES
270,651
220.150
NEf ASSErs
270,651
220.150
FUNDS
Unrestricted fund5
270,651
220.150
TOTAL FUNDS
270.651
220,150
The charitable company Is entrtled to exemption from audit under Section 477 of the Companies Act 2006 for
the year ended 5 April 2024.
The mernbers have not required the company to obtain an audit of rtg financial statements fry the year ended
5 April 2024 in ¥cordance writh Section 476 of the Companies Act 2006.
The trustees acknowledge their responstsilrties for
{a)
ensuring that the ¢haritable company keeps accounting records that compty with Sections 386 and 387
of the Companies Act 2006 and
(b) preparing financial statements bthich give a true and fair view of the state of qffairs of the charitable
company as at the end of each financial year and of ils surplus or deficrf£ for each financial year in
accordance with the requirements of Sections 394 and 395 and which otherwise comply with the
requirements of the Companies A¢t 2006 relaling to financial ststements, so far as applicable to the
charitable company.
These financial statements have been prepared in accordance wtth the provisions applicable to charitsble
companies sublect to the small Companies regimè.
The financlal statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
RMPage-
The notes fomi part of these financial statements
10

RISBOROUGH AREA COMMUNITY BUS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024
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 Rèporting by
Charities.. Statemant of Recommended Practice applicable to charities preparing th8ir accounts in
accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS
102) (effèctive 1 January 20191,, Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ireland. and the Companies Act 2006. Th8 financial statements
have been prepared under th8 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 ther8 is a legal or constructive obligation
committing the charity to that expenditure. it is probable that a transfer of econornic benefits will be
required in setuement 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 th8 use of r8sourc8S.
TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated
useful life.
Fixtures and fittings are depreciated on a straight line basis of 25¥0.
Motor vehicles are depreciated on a straight line basis of 250A.
TAXATION
The charity is exempt from corporation tax on its charitable activities.
FUND ACCOUNTING
Unrestricted funds can be used in a¢Gordance with the charitable objectives at the discretion of the
trustees.
R8Stricted 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 th8 nature and purpose of each fund is included in the notes to the financial
ststements.
continued...

RISBOROUGH AREA COMMUNITY BUS
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
INVESTMENT INCOME
2024
2023
Investment interest rec8ivable
3,729
4.482
NEf INCOMEI(EXPENDITURE)
Net inGomellexpendilure) is stated after chargingl{crediting)-
2024
2023
Independent examinerfs fee
Depreciation - owned assets
Surplus on disposal of fixed assets
900
4.808
(27.046)
3,815
1,084
TRUSTEES. REMUNERATION AND BENEFITS
Thero were no tru5tees' r8muneration or other benefrts for the year ended 5 April 2024 nor for the year
ended 5 April 2023.
TRUSTEES. EXPENSES
There were no trustees, expenses paid for the year ended 5 April 2024 nor for the year ended
5 April 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
INCOME AND ENDOWMENTS FROM
Donations and legacies
7.314
Charitable activities
Providing, operating and maintaining
transport facilities
22.339
Investment incoma
4.482
Total
34.135
EXPENDITURE ON
Charitable activities
Providing. operating and maintaining
transport facilities
36,772
NEf INCOMEI(EXPENDITURE)
(2,637)
RECONCILIATION OF FUNDS
Total funds brought forward
222.787
TOTAL FUNDS CARRIED FORWARD
220,150
12
continued...

RISBOROUGH AREA COMMUNITY BUS
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED S APRIL 2024
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Motor
vehicles
Totals
COST
At 6 April 2023
Additions
Disposals
5,619
85.670
114,988
(85,670)
91,289
114,988
(88,437)
(2,767)
At 5 April 2024
2.852
114.988
117,840
DEPRECIATION
At 6 April 2023
Charge for year
Eliminated on disposal
2,751
713
(1,813)
85,670
4,095
(85,670)
88,421
4,808
(87,483)
At 5 April 2024
1,651
4,095
5,746
NEf BOOKVALUE
At 5 April 2024
1,201
110,893
112,094
At 5 April 2023
2,868
2,868
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
VAT
Prepayments and accrued income
19,011
856
856
19,867
2,500
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Trade Creditors
Accruals and deferred income
459
3,220
2,800
3,679
2,801
MOVEMENT IN FUNDS
Net
movement
in funds
At
514124
At 614123
Unrestri¢ted funds
Gènèral fund
220,150
50,501
270,651
TOTAL FUNDS
220,150
50,501
270,651
13
continued..-

RISBOROUGH AREA COMMUNITY BUS
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024
MOVEMENT IN FUNDS- continued
Net movement in funds. induded in the above are as follows..
Incoming
resources
Rèsources
expended
Movement
in funds
Unrestricted funds
General fund
90.615
(40.114)
50.501
TOTAL FUNDS
90.615
(40.114)
50,501
Comparatives for movement in funds
Net
movement
in funds
At
514123
At 614122
Unrostricted funds
General fund
222,787
{2,637)
220.150
TOTAL FUNDS
222.787
(2,637)
220,150
Comparative net movement in funds, included in the abovè are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
34.135
(36,772)
(2.637)
TOTAL FUNDS
34.135
(36,772)
12,637}
A cuffent year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
At
514124
At 614122
Unrestricted funds
General fund
222.787
47,864
270,651
TOTAL FUNDS
222.787
47,864
270,651
14
Continued...

RISBOROUGH AREA COMMUNITY BUS
NOTES TO THE FINANCIAL STATEMENTS - Continued
FOR THE YEAR ENDED 5 APRIL 2024
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, induded in the
above are as follows:
Incoming
resources
ReSoUr￿S
expended
Movement
in funds
Unrestricted funds
General fund
124.750
(76.886)
47,864
TOTAL FUNDS
124.750
(76,886)
47.864
10. RELATED PARTY DISCLOSURES
There were no relat8d party transactions for the year ended 5 April 2024.
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RISBOROUGH AREA COMMUNITY BUS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacles
Donations
Grants
Exceptional items
1,684
24,894
1,416
4,964
2,350
27,994
7,314
Investment income
Investment interest receivable
3.729
4,482
Charitable activities
Concessions
Kimble RoutelBC
Fares
Group usage
Days out
15,840
9,495
1,346
2.283
1.928
10.114
8.276
910
920
2.119
30,892
22,339
Oth8r income
Gain on sale of tangible fixed assets
28,000
Total incoming resources
90,615
34,135
EXPENDITURE
Charitable activitles
Community bus service
24,311
24,822
Support costs
Management
Other support costs
9,141
7,051
Financ8
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
4.808
954
1.084
5.762
1,084
Governance costs
Auditors, remuneration
900
3,815
Total resources expended
40.114
36.772
Net incomel(expenditure)
50,501
12.6371
This page does not form part of the statutory financial statements
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