## ## |Report ofthe Trustees||1 to 5| |---|---|---| |Independent
Examiner's|Report|| |Statement of Financial|Activities|| |Balance Sheet||| |Notes to the Financial Statements||9to 21| |Detailed Statement of Financial Activities||22 to 23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Recommended|categories|categories|by||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---|---| |activity|||||Funds|Funds|2021|2020| |||||Notes|f|f|f|f| |Income||||||||| |Income and endowments|||from|||||| |Donations
and|legacies||||53,837|34,027|87,865|62,561| |Charitable
activities||||||21,435|21,435|65,022| |Other trading|activities||||33,999||33,999|38,423| |Investments|||||44||44|167| |Separate material
item of|||income|||||| |Other||||||||| |Total|||||87,880|55,462|143,342|166,172| |Expenditure||||||||| |Raising Funds||||||2,229|2,229|5,858| |Charitable
activities|||||66|79,665|79,731|130,706| |Other trading|activities||||21,375||21,375|22,353| |Other|||||28,816|34,384|63,200|30,266| |Total|||||50,256|116,279|166,536|189,183| |Transfers between||funds|||2,053|(2,053)||| |Net movement|in funds||||39,677|(62,870)|(23,193)|(23,011)| |Reconciliation|offunds:|||||||| |Total funds brought||forward|||59,803|154,713|214,516|237,527| |Total funds carried||forward|||99,480|91,843|191,323|214,516| ## ## |Balance Shee|t|||||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted||| ||||||Funds|Funds|2021|2020| |||||Notes|f|f|f|f| |Fixed Assets||||||||| |Tangible assets|||||681|84,655|85,336|96,850| |Total Fixed Assets|||||681|84,655|85,336|96,850| |Current Assets||||||||| |Debtors|||||69|6,540|6,608|8,073| |Cash at bank|and in hand||||106,873|15,922|122,794|115,536| |Total Current|Assets||||106,942|22,461|129,40$|123,609| |Creditors amounts||falling|due|||||| |within one year||||10|(8,143)|(15,27$)|(23,416)|(5,943)| |Net Current|assets/(Liabilities)||||98,799|7,188|105,987|117,666| |Total assets|less current||liabilities||99,480|91,843|191,323|214,516| |Funds ofthe|Charity|||||||| |Restricted income||funds||12.2||91,843|91,843|154,713| |Unrestricted|funds|||12.1|99,480||99,480|59,803| |Total funds|||||99,480|91,843|191,323|214,516| ## ## |Note 2|Accounting|Accounting|policies|| |---|---|---|---|---| |2.1Income||||| |Recognition
income||of|These are included
in the Statement of Financial Activities (SoFA) when:|| ||||the charity becomes entitled to the resources;|| ||||it is more likely than not that the trustees
will receive the resources;|| ||||the monetary
value can be measured
with sufficient
reliability.|| |Offsetting|||There has been no offsetting ofassets and liabilities, or income and|| ||||expenses, unless required or permitted
by the FRS102SORP or FRS102.|| |Grants and||donations|Grants and donations
are only included
in the SoFA when the general income
recognition
criteria are met (5.10to 5.12FRS102SORP).|| ||||In the case ofperformance
related grants, income must only be recognised to|| ||||the extent that the charity has provided
the specified goods or services as|| ||||entitlement
to the grant only occurs when the performance
related|| ||||conditions are met (5.16FRS102SORP).|| |Legacies|||Legacies are included
in the SOFA when receipt is probable, that is, when|| ||||there has been grant ofprobate, the executors have established
that there are|| ||||sufficient assets in the estate and any conditions attached to the legacy are|| ||||either within the control ofthe ofthe charity or have been met.|| |Government||grants|The charity has received government
grants
in the reporting
period|| |Tax reclaims||on||| |donations|and gifts||Gift Aid receivable
is included
in income when there is a valid declaration|from| ||||the donor.
Any Gift Aid amount
recovered
on a donation
is considered to|be| ||||part ofthat gift and istreated as an addition to the same fund as the|| ||||initial donation
unless the donor or the terms ofthe appeal have specified|| ||||otherwise.|| |Contractual||income||| |and performance
related grants|||This is only included
in the SoFA once the charity has provided
the related
or services or met the performance
related conditions.|goods| ## |Settlement of
insurance
claims|Settlement of
insurance
claims||Insurance
claims are only included
in the SoFA when the general income
recognition
criteria are met (5.10to 5.12 FRS102SORP) and are included
as an item
ofother income in the SoFA.| |---|---|---|---| |Investment
and losses|gains||This includes any realised or unrealised
gains or losses on the sale ofinvestments
and any gain or loss resulting
from revaluing
investments
to market value at the
end ofthe year.| |2.2 Expenditure||and|Liabilities| |Liability
recognition|||Liabilities are recognised
where
it is more likely than not that there is a legal or
constructive
obligation
committing
the charity to pay out resources and the
amount ofthe obligation
can be measured
with reasonable
certainty.| |Governance|and||Support costs have been allocated between governance
costs and other support.| |support costs|||Governance
costs comprise
all costs involving
public accountability
ofthe charity
and its compliance
with regulation
and good practice.| ||||Support costs include central functions
and have been allocated to activity cost| ||||categories on a basis consistent
with the use ofresources, eg allocating
property| ||||costs by floor areas, or per capita, staff costs by the time spent and other costs by| ||||their usage.| |Grants with|||Where the charity gives a grant with conditions for its payment
being a specific| |performance|||level ofservice or output to be provided,
such grants are only recognised
in the| |conditions|||SoFA once the recipient ofthe grant has provided
the specified service or output.| |Grants payable
without|||Where there are no conditions
attaching to the grant that enables the donor| |performance
conditions|||charity to realistically
avoid the commitment,
a liability for the full funding
obligation
must be recognised.| |Redundancy|cost||The charity made no redundancy
payments
during the reporting
period.| |Deferred income|||There was deferred
income due to trips being prepaid| |Creditors|||The charity has creditors which are measured
at settlement
amounts
less any trade| ||||discounts| |Provisions for
liabilities|||A liability
is measured
on recognition
at its historical cost and then subsequently
measured
at the best estimate ofthe amount
required to settle the obligation at| ||||the reporting
date| |Basicfinancial
instruments|||The charity accounts for basic financial
instruments
on initial recognition
as per
paragraph
10.7 FRS102SORP. Subsequent
measurement
is as per paragraphs
11.17to11.19,FRS102SORP.| ## ## ## |Note 3|Income|Income||||| |---|---|---|---|---|---|---| ||||Unrestricted|Restricted||| |Analysis ofincome|||Funds|Funds|2021|2020| |||||f|f|f| |Donations and legacies||||||| |Donations
and gifts|||53,837|8,910|62,747|42,206| |General grants provided||by||||| |government/other|charities|||25,117|25,117|20,355| |Total|||53,837|34,027|87,865|62,561| |Charitable
activities||||||| |Fees||||3,369|3,369|3,889| |Ring and Ride||||15,331|15,331|36,080| |Mobility||||||32| |Community
Transport||||2,735|2,735|22,485| |Fundraising
Activities||||||2,535| |Total||||21,435|21,435|65,022| |Other Trading Activities||||||| |School Transport|||33,997||33,997|34,889| |Other|||2||2|3,533| ||||33,999||33,999|38,423| |Income from Investments||||||| |Interest Income||||||167| |Total Income|||87,880|55,462|143,342|166,172| ## |Note
4||Expenditure|Expenditure|||||| |---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted||| |Analysis of|expenditure||||Funds|Funds|2021|2020| ||||||f|f|f|f| |Expenditure|on raising funds|||||||| |Incurred
seeking donations||||||2,229|2,229|5,858| |Total expenditure
on||raising funds||||2,229|2,229|5,858| |Expenditure|on charitable||activities|||||| |Ring and Ride||||||48,034|48,034|65,577| |Mobility||||||471|471|474| |Community|Transport|||||29,635|29,635|64,443| |Fundraising|Activities||||66||66|12| |Coneygree|Federation|||||1,525|1,525|200| |Total expenditure
on||charitable||funds|66|79,665|79,731|130,706| |Other trading activities||||||||| |Expenditure|on School contracts||||21,375||21,375|22,353| |Other|||||28,816|34,384|63,200|30,266| |Total expenditure|||||50,256|116,279|166,536|189,183| ## |Note 5|Staff Costs||| |---|---|---|---| |||2021|2020| |||f|f| |Wages|and salaries|87,331|67,951| |Other|pension costs|1,378|994| |||88,709|68,944| |2021|2020| |---|---| |f|f| |Charitable
service| |---| |Chief Executive and Finance Officer| |Other Trading Activities| ## ## |Note 6
|Details|ofcertain types|ofexp|enditure|||||| |---|---|---|---|---|---|---|---|---|---| ||||||||2021|2020|| ||||||||f|f|| |Independent|examiner's fee||||||480||480| |Tax advisory|fees||||||||| |Legal fees|||||||||| |Note 7||Tangible fixed assets|||||||| ||||Plant|and|Fixtures|Motor|Computer||| |7.1
Cost|or Valuation||Machinery||84 Fittings|Vehicles|Equipment|Total|| |||||f|f|f|f|f|| |As at 1April|2020|||875|1,195|183,742|9,432|246,969|| |Additions|||||163|18,872|300||| |Disposals||||||(5,995)|||| |As at 31st March 2021||||875|1,358|196,619|9,732|246,969|| |7.2
Depreciation||and impairments|||||||| |As at 1April|2020|||662|639|88,008|9,085|147,069|| |Depreciation||||21|144|28,085|333|28,583|| |Depreciation|Disposals|||||(3,730)|||| |As at 31st March 2021||||683|783|112,364|9,418|175,652|| |Net book Value|||||||||| |As at 31st March 2021||||192|575|84255|314|85|336| |As at 31st March 2020||||213|556|95734|347|96|850| ## ## ## |8.1
Analysis ofdebtors||||| |---|---|---|---|---| ||||2021|2020| ||||f|f| |Trade debtors|||6,087|5,871| |Prepayments
and accrued income|||452|1,898| |Bad debt provision||||| |Other debtors|||69|305| |Total|||6,608|8,073| ||||2021|2020| |9
Cash at bank and in hand|||f|f| |Short term deposits||||| |Cash at bank and on hand|||122,794|115,536| |Amounts
released to income from|previous|periods||| |Balance atthe end ofthe reporting|period||122,794|115,536| ## ||Amounts|falling due|Amounts|falling due| |---|---|---|---|---| |10.1 Analysis ofcreditors|within|one year|after more|than one year| ||2021|2020|2021|2020| ||f|f|f|f| |Bank loans and overdrafts||||| |Trade creditors|2,163|2,862||| |Other creditors|18,000|||| |Taxation and social security|1,393|1,190||| |VAT|573|581||| |Pension Contributions|270|257||| |Accruals|480|480||| |Deferred income|537|573||| |Total|23,416|5,943||| ## ||||||| |---|---|---|---|---|---| |11 Deferred income||||2021|2020| |Balance|at the start ofthe reporting|period||57$|1,608| |Amounts|added
in current period|||537|573| |Amounts|released to income from|previous|periods|(573)|(1,608)| |Balance|at the end ofthe reporting|period||537|573| ## ## ||||31.03.20|Movement|Movement|Transfer|31.03.21| |---|---|---|---|---|---|---|---| |||||In|Out|Between Funds|| |Unrestricted|||||||| |General
Fund|||23,304|69,880|(32,256)|(263)|60,665| |Ledbury
Town|Council|||10,000|(10,000)||| |Sobell||||8,000|(8,000)||| |Designated
Fund|||36,499|||2,316|38,815| ||||59,803|87,880|(50,256)|2,053|99,480| |Restricted|||||||| |Fund names|||||||| |Community
Transport|||57,140|10,722|(24,441)|(2,265)|41,157| |Mobility|||274||(471)|197|| |Ring and Ride|||31,398|35,830|(60,558)||6,671| |Friends of Ledbury||Hospital|6,500||(6,500)||| |DOT Grant|||46,594||(11,649)||34,946| |R&RTransport|||10,871||(2,718)||8,153| |Herefordshire|Comm Found||424|910|(418)||916| |Coneygree
Grant|||1,510||(1,525)|15|| |Eveson Trust||||8,000|(8,000)||| |Lottery|||||||| ||||154,713|55,462|(116,279)|(2,053)|91,843| ||||214,516|143,342|(166,536)||191,323| ## ## ||||$1.03.19|Net Movement|in funds|Transfer|31.0$.20| |---|---|---|---|---|---|---|---| |||||In|Out|Between Funds|| |Unrestricted|||||||| |General
Fund|||38,175|5,206|(11,292)|(8,785)|23,304| |Ledbury
Town|Council|||8,000||(8,000)|| |Sobell||||8,000||(8,000)|| |Designated
Fund|||29,728|||6,771|36,499| ||||67,903|21,206|(11,292)|(2,014)|59,803| |Restricted|||||||| |Fund names|||||||| |Community
Transport|||32,739||(12,756)|37,158|57,140| |Mobility|||274||||274| |Mobility Equipment||Fund|||||| |Ring and Ride|||34,593||(3,194)||31,399| |Friends of Ledbury||Hospital|9,056|15,000|(2,556)|(15,000)|6,500| |DOT Grant|||62,126||(15,531)||46,595| |R&RTransport|||12,639||(3,624)|1,856|10,871| |EF Bulmer|||||||| |EF Bulmer|||6,500||(6,500)||| |Herefordshire|Comm Found||630||(206)||424| |Coneygree
Grant|||1,710||(200)||1,510| |Eveson Trust|||8,000||(8,000)||| |Lottery|||1,358||(1,358)||| |Frognal Trust||||1,000||(1,000)|| |Rowland Trust||||5,000||(5,000)|| ||||169,625|21,000|(53,925)|18,014|154,715| ||||237,528|42,206|(65,217)|16,000.00|214,518| ## ||||||||| |---|---|---|---|---|---|---|---| |12.3|Tran|sfers bet|we|en funds|||Amount| |||||Reason for transfer and where endowment||is|f| |||||converted to income, legal power for its conversion|||| |Between||unrestricted||and|||| |restricted||funds|||||| |12.4|Designated||funds||||| |Planned use||||Purpose ofthe designation|||Amount| ||||||||f| |||||Redundancy|and Notice||13,128| |||||2 Months Wages|||13,297| |||||Lease|||10,000| |||||Accountancy|||1,000| |||||Legal Fees|||1,000| |||||Creditors|||390| ||||||||38,815| ## ## |13.2|Trustees'|expenses|2021|2020| |---|---|---|---|---| |||Type ofexpenses reimbursed||f| |||Volunteer
Driver Mileage|2,282|2,797| |||Minibus collection|34|423| |||Travel Costs||| |||Total|2,316|3,220| ## ## ## ## ## ## ||||Unrestricted|Restricted||| |---|---|---|---|---|---|---| ||||Funds|Funds|2021|2020| ||||f|f|f|f| |Income and Endowments||||||| |Donations and legacies||||||| |Donations/Income|from other organisatio||53,837|8,910|62,747|42,206| |Grants||||25,117|25,117|20,355| ||||53,837|34,027|87,865|62,561| |Investment
Income||||||| |Bank Interest||||||167| |Charitable
activities||||||| |Community
Transport||||2,735|2,735|22,485| |Ring and Ride||||15,331|15,331|36,080| |Fees||||3,369|3,369|3,889| |Mobility||||||32| |Fundraising
activities||||||2,535| |||||21,435|21,435|65,022| |Other Actlvites||||||| |School Transport|||33,997||33,997|34,889| |Other income|||2||2|3,533| ||||33,999||33,999|38,423| |Total incoming resources|||87,880|55,462|143,342|166,172| |Expenditure||||||| |Raising Funds|||66|2,229|2,295|5,870| ||||66|2,229|2,295|5,870| |Charitable
activities||||||| |Wages||||30,556|30,556|25,503| |Pensions||||600|600|600| |Rates and water||||206|206|115| |Insurance||||1,563|1,563|1322| |Ught and Heat||||800|800|904| |Advertising||||1,110|1,110|1,858| |Training and workshops||||60|60|430| |Rent||||10,450|10,450|10,450| |Motor and travel|||4,463|5,790|10,252|20,379| |Trip Entrance fees||||259|259|1,775| |Subscriptions||||||| |DBSchecks||||182|182|380| |Computer
running|maintenance|costs||1,500|1,500|1,500| |Health and safety|||185||185|| |R&RDriver payments||||12,968|12,968|30,454| |Premises expenses|||58|150|208|464| |Bad debts||||||30| |Plant and Machinery depredation||||21|21|24| |Motor vehicles depreciation||||28,085|28,085|31,911| |Loss on sale oftangible fixed assets|||1,615||1,615|| |Grants to institutions||||1,525|1,525|| ||||6,322|95,824|102,145|128,300| ## ## ||||||Unrestricted|Restricted|||| |---|---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|2021|2020|| ||||||f||f|f|| |Other|||||||||| |Subscriptions|||||120||120||100| |Cleaning|||||117||117||190| ||||||237||237||290| |Support Costs|||||||||| |Management|||||||||| |Wages|||||39,041|15,505|54,546|42,447|| |Pensions|||||778||778||394| |Telephone|||||294||703|1,683|| |Postage and|stationery|||||1.737|1,737|2,177|| |Sundries|||||159|36|194||569| |AGM expenses|||||97||97||112| |Board costs|||||40||40||107| |Computer
running||and|maintenance|costs|586||586||872| |Covid Expenses|||||711||1,044||| |Subscriptions|||||||||487| |Friends of CVA|||||||||| |Travel|||||48||62||686| |Bank charges|||||855||||310| |Recruitment|expenses||||||||| |Consultancy|fees|||||||3,587|| |Computer
equipment|||depreciation||392|85|477||389| |Exceptional|items||||||||| ||||||43,001|18,226|61,227|53,820|| |Governance|costs||||||||| |Auditors'
renumeration|||for non audit|work|||||| |Accountancy|fees||||480||480||480| |Legal fees|||||152||152||424| ||||||632||632||| |Total resources expended|||||50,256|116,279|166,536|189,183|| |Net income/(expenditure)|||||37,624|(60,817)|(23,19$)|(23,011)||