## ## |Report ofthe Trustees||1 to5| |---|---|---| |Independent
Examiner's|Report|| |Statement of Financial|Activities|| |Balance Sheet||| |Notes to the Financial Statements||9to 21| |Detailed Statement of Financial Activities||22to 23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |Recommended|categories|categories|by||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---|---| |activity|||||Funds|Funds|2022|2021| |||||Notes|E|E|E|E| |Income||||||||| |Income and endowments|||from|||||| |Donations
and|legacies||||50,182|35,609|85,791|87,865| |Charitable
activities|||||137|54,055|54,192|21,435| |Other trading|activities||||$5,457||$5,457|33,999| |Investments|||||18||18|44| |Separate material
item of|||income|||||| |Other||||||||| |Total|||||85,794|89,663|175,458|143,342| |Expenditure||||||||| |Raising Funds||||||1,$61|1,361|2,229| |Charitable
activities||||||78,140|78,140|79,731| |Other trading|activities||||21,375||21,375|21,375| |Other|||||4$,603|44,094|87,697|63,200| |Total|||||64,978|123,595|188,573166,536|| |Transfers between||funds|||(7,445)|7,445||| |Net movement|in funds||||1$,372|(26,487)|(13,116)|(23,193)| |Reconciliation|offunds:|||||||| |Total funds brought||forward|||99,480|91,843|191,323|214,516| |Total funds carried||forward|||112,852|65,$56|178,207|191,323| ## ## |||||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---| |||||Funds|Funds|2022|2021| ||||Notes|E|E|E|E| |Fixed Assets|||||||| |Tangible assets|||||64,073|64,407|85,336| |Total Fixed Assets|||||64,073|64,407|85,336| |Current Assets|||||||| |Debtors|||8|4,400|5,245|9,645|6,608| |Cash at bank and in hand|||9|110,596|2,466|113,062|122,794| |Total Current Assets||||114,995|7,711|122,707|129,403| |Creditors amounts|falling|due|||||| |within one year|||1O|(2,478)|(6,428)|(8,906)|(23,416)| |Net Current assets/(Liabilities)||||112,518|1,283|113,801|105,987| |Total assets less current||liabilities||112,851|65,356|178,208|191,323| |Funds ofthe Charity|||||||| |Restricted income|funds||12.2||65,356|65,356|91,843| |Unrestricted
funds|||12.1|112,852||112,852|99,480| |Total funds||||112,852|65,356|178,208|191,323| ## ## ## ## |Note 2|Accounting|Accounting|policies|| |---|---|---|---|---| |2.1Income||||| |Recognition||of|These are included
in the Statement of Financial Activities (SoFA) when:|| |income||||| ||||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 5.12 FRS102SORP).|| ||||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|| ||||sufficien 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|||Gift Aid receivable
is included
in income when there is a valid declaration|from| |donations||and gifts||| ||||the donor.
Any Gift Aid amount
recovered on a donation
isconsidered to|be| ||||part ofthat gift and istreated as an addition to the same fund as the|| ||||initial donation
unless the donor orthe terms ofthe appeal have specified|| ||||otherwise.|| |Contractual
income
and performance
related grants|||This is only included
in the SoFAonce the charity has provided the related
or services or met the performance
related conditions.|goods| ||||Page 10|| ## ## ## |Tangible fixed
assets for use by
charity|These are capitalised
ifthey can be used for more than one year, and cost at least
f100.00|These are capitalised
ifthey can be used for more than one year, and cost at least
f100.00|| |---|---|---|---| ||They are valued at cost.||| ||The depreciation
rates and methods
used are disclosed
in note 7.||| ||They are valued at cost.||| ||Fixed asset investments
in quoted shares, traded bonds and similar investments|are|| |Investments|valued at initially at cost and subsequently
at fair value (their market value) at the year
end. The same treatment
is applied to unlisted
investments
unless fair value cannot||| ||be measured
reliably
in which case it is measured
at cost less impairment.||| ||Investments
held for resale or pending their sale and cash and cash equivalents|with a|| ||maturity
date ofless than 1year are treated as current asset investments||| |Stocks and work In Stocks held for sale as part ofnon-charitable
trade are measured
at the lower of cost|||| |progress|or net realisable
value.||| ||Goods or services provided
as part ofa charitable
activity are measured
at net||| ||realisable
value based on the service potential
provided
by items ofstock.||| ||Work in progress
is valued at cost less any foreseeable
loss that is likely to occur|on|| ||the contract.||| ||Debtors (including
trade debtors and loans receivable) are measured
on initial||| |Debtors|recognition at settlement
amount after any trade discounts or amount
advanced||by| ||the charity.
Subsequently,
they are measured
at the cash orother consideration||| ||expected to be received.||| ||The charity has investments
which it holds for resale or pending their sale and cash||| |Current asset|and cash equivalents
with a maturity
date less than one year. These include cash||on| |investments|deposit and cash equivalents
with a maturity
of loss than one year held for investment||| ||purposes rather than to meet short-term
cash commitments
as they fall due.||| ## ## ||||Unrestricted|Restricted||| |---|---|---|---|---|---|---| |Analysis ofIncome|||Funds|Funds|2022|2021| ||||E|E|E|E| |Donations and legacies||||||| |Donations
and gifts|||50,182|13,000|63,182|62,747| |General grants provided||by||||| |government/other|charities|||22,609|22,609|25,117| |Total|||50,182|35,609|85,791|87,865| |Charitable
activities||||||| |Fees||||4,014|4,014|3,369| |Ring and Ride||||32,772|32,772|15,331| |Mobility||||||| |Community
Transport||||17,268|17,268|2,735| |Fundraising
Activities|||137||137|| |Total|||137|54,055|54,192|21,435| |Other Trading Activities||||||| |School Transport|||35,312||35,312|33,997| |Other|||146||146|2| ||||35,457||35,457|33,999| |Income from Investments||||||| |Interest Income|||18||18|44| |Total Income|||85,794|88,666|135,458|143,341| ## |Note
4||Expenditure|Expenditure||||| |---|---|---|---|---|---|---|---| |||||Unrestricted|Restricted||| |Analysis of|expenditure|||Funds|Funds|2022|2021| |||||E|E|E|E| |Expenditure|on raising funds||||||| |Incurred
seeking donations|||||1,361|1,361|2,229| |Total expenditure
on||raising funds|||1,361|1,361|2,229| |Expenditure|on charitable||activities||||| |Ring and Ride|||||48,034|48,034|48,034| |Mobility|||||471|471|471| |Community|Transport||||29,635|29,635|29,635| |Fundraising|Activities||||||66| |Coneygree|Federation||||||1,525| |Total expenditure
on||charitable funds|||78,140|78,140|79,731| |Other trading activities|||||||| |Expenditure|on School contracts|||21,375||21,375|21,375| |Other||||43,603|44,094|87,697|63,200| |Total expenditure||||64,978|123,595|188,573|166,536| ## |Note 5|Staff Costs||| |---|---|---|---| |||2022|2021| |||E|E| |Wages|and salaries|92,470|87,331| |Other|pension costs|1,521|1,378| |||93,991|88,709| |2022|2021| |---|---| |E|E| |Charitable
service|| |---|---| |General Manager|and Finance Office| |Other Trading Activities|| ## ## |Note 6
|Details ofcertain types ofexpenditure||| |---|---|---|---| |||2022|2021| |||E|E| |Independent|examiner's fee|480|480| |Tax advisory|fees||| |Legal fees||400|400| ## ||Plant and|Fixtures|Motor|Computer|| |---|---|---|---|---|---| |7.1
Cost orValuation|Machinery|&Fittings|Vehicles|Equipment|Total| ||t|E|E|E|E| |As at 1April 2021|875|1,358|196,619|9,732|208,584| |Additions||||915|915| |Disposals|(715)||||(715)| |As at 31stMarch 2022|160|1,358|196,619|10,647|208,784| |7.2
Depreciation
and impairments|||||| |As at 1April 2021|683|783|112,364|9,418|175,652| |Depreciation|5|115|21,064|519|21,703| |Depreciation
Disposals|(573)||||(573)| |As at 31st March 2022|115|898|133,428|9,937|196,781| |Net book Value|||||| |As at 31st March 2022|45|460|63191|711|64 4O7| |As at 31st March 2021|192|575|84 255|314|85336| ## ## ## |Note 8
Debtors and prep
8.1
Analysis ofdebtors|ayments||| |---|---|---|---| |||2022|2021| |||E|E| |Trade debtors||9,418|6,087| |Prepayments
and accrued income||158|452| |Bad debt provision|||| |Other debtors||69|69| |Total||9,645|6,608| |||2022|2021| |9
Cash at bank and In hand||E|E| |Short term deposits|||| |Cash at bank and on hand||113,062|122,794| |Amounts
released to income from|previous periods||| |Balance atthe end ofthe reporting|period|113,062|122,794| ## ||Amounts|falling due|Amounts|falling due| |---|---|---|---|---| |10.1 Analysis ofcreditors|within|one year|after more|than one year| ||2022|2021|2022|2021| ||E|E|E|E| |Bank loans and overdrafts||||| |Trade creditors|5,185|2,163||| |Other creditors||18,000||| |Taxation and social security|1,698|1,393||| |VAT|1,058|573||| |Pension Contributions|299|270||| |Accruals|480|480||| |Deferred income|185|537||| |Total|8,906|23,416||| ## ||||||| |---|---|---|---|---|---| |11 Deferred income||||2022|2021| |Balance|at the start ofthe reporting|period||S37|573| |Amounts|added
in current period|||185|537| |Amounts|released to income from|previous|periods|(537)|(573)| |Balance|at the end ofthe reporting|period|||537| ## ## ||||31.03.21|Movement|Movement|Transfer|31.03.22| |---|---|---|---|---|---|---|---| |||||In|Out|Between Funds|| |Unrestricted|||||||| |General
Fund|||60,665|75,794|(54,978)|(16,082)|65,400| |Ledbury
Town||Council||10,000|(10,000)||| |Designated|Fund||38,815|||8,637|47,452| ||||99,480|85,794|(64,978)|(7,445)|112,852| |Restricted|||||||| |Fund names|||||||| |Community|Transport||41,157|21,648|(30,985)|(952)|30,868| |Ring and Ride|||6,671|57,015|(70,800)|8,397|1,283| |DOT Grant|||34,946||(8,736)||26,209| |R&RTransport|||8,153||(2,038)||6,115| |Herefordshire||Comm Found|916|1,000|(1,035)||881| |Lottery||||10,000|(10,000)||| ||||91,843|89,663|(123,595)|7,445|65,356| ||||191,323|175,458|(188,573)|0.04|178,208| ## ## |12.2 Details of|mat|erial funds hel|d and movements|during the prev|ious report|ing
period|| |---|---|---|---|---|---|---|---| ||||31.03.20|Net Movement|in funds|Transfer|31.03.21| |||||In|Out|Between Funds|| |Unrestricted|||||||| |Genera
I 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| |RRRTransport|||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)||| ||||154,713|55,462|(116,280)|(2,053)|91,843| ||||214,516|143,342|(166,536)||191,323| ## |12.4|Designated|funds||| |---|---|---|---|---| |Planned use||Purpose ofthe designation||Amount| |||||E| |||Redundancy|and Notice|19,050| |||2 Months Wages||15,962| |||Lease||10,000| |||Accountancy||1,000| |||Legal Fees||1,000| |||Creditors||440| |||||47,452| ## ## |13.2|Trustees'|expenses|2022|2021| |---|---|---|---|---| |||Type ofexpenses reimbursed|E|E| |||Volunteer
Driver Mileage|3,509|2,282| |||Minibus collection||34| |||Travel Costs||| |||Total|3,509|2,316| |||Number oftrustees that expenses were paid to:|5|5| ## ## ## ## ## ## |||||Unrestricted|Restricted||| |---|---|---|---|---|---|---|---| |||||Funds|Funds|2022|2021| |||||E|E|E|E| |Income and Endowments|||||||| |Donations and legacies|||||||| |Donations/Income|from other organlsatlo|||50,182|13,000|63,182|62,747| |Grants|||||22,609|22,609|25,117| |||||50,182|35,609|85,791|87,865| |Investment
income|||||||| |Bank Interest||||18||18|44| |Charitable
activities|||||||| |Community
Transport|||||17,268|17,268|2,735| |Ring and Ride|||||32,772|32,772|15,331| |Fees|||||4,014|4,014|3,369| |Mobglty|||||||| |Fundralslng
activities||||137||137|| |||||137|54,055|54,192|21,435| |Other Activites|||||||| |School Transport||||35,312||35,312|33,997| |Other Income||||146||146|2| |||||35,457||35857|33,999| |Total Incoming resources||||85,794|89,663|175858|143,342| |Expenditure|||||||| |Raising Funds|||||1,361
1~1|1861
1,361|2,295
2,295| |Charitable
activities|||||||| |Wages||||17,858|49,929|67,787|30,556| |Pensions||||62|282|344|600| |Rates and water|||||211|211|206| |Insurance|||||1,582|1,582|1,563| |Light and Heat|||||1,280|1,280|800| |Advertising|||||1,389|1,389|1,110| |Training and workshops|||||735|735|60| |Rent|||||10/50|10350|10,450| |Motor and travel||||8,433|8,384|16417|10,252| |Trip Entrance fees|||||2,357|2,357|259| |Subscriptlons|||||||| |DBSchecks|||||180|220|182| |Computer
running|maintenance||costs||1,500|1,500|1,500| |Health and safety|||||920|1,110|185| |RRR Driver payments|||||27~70|27,470|12,968| |Premises expenses|||||288|348|208| |Bad debts|||||54|54|| |Plant and Machinery||depreciation|||||21| |Motor vehicles depreciation||||10,057|11,012|21,069|28,085| |loss on sale oftangible fixed assets|||||||1,615| |Grants to Institutions|||||||1,525| |||||36,700|118,024|154,724|102,145| ## ||||||Unrestricted|Restricted|||| |---|---|---|---|---|---|---|---|---|---| ||||||Funds|Funds|2022|2021|| |||||||E|E|E|| |Other|||||||||| |Subscriptions|||||120||220||120| |Cleaning|||||126||126||117| ||||||||346||237| |Support Costs|||||||||| |Management|||||||||| |Wages|||||23.322||23,322|54,546|| |Pensions|||||1,177||1.177||778| |Telephone|||||286|407|693||703| |Postage and|stationery||||85|2,072|2,158|1,737|| |Sundries|||||223|229|451||194| |AGM expenses|||||112||112||97| |Board costs|||||||||40| |Computer
running||and|maintenance|costs|744||||586| |Covid Expenses|||||120|66|186|1,044|| |Subscriptions|||||||||| |Friends ofCVA|||||||||| |Travel|||||53|177|230||62| |Bank charges|||||405|740|1,144||964| |Recruitment|expenses||||275||275||| |Consultancy|fees||||||||| |Computer
equipment|||depreciation||214|420|||477| |Exceptional|items||||||||| ||||||27,016|4,110|31,126|61,227|| |Governance|costs||||||||| |Auditors'
renumeration|||for non audit|work|||||| |Accountancy|fees||||480||480||480| |Legal fees|||||537||537||152| ||||||1,017||1,017||632| |Total resources expended|||||64,978|123,595|188,573|166,536|| |Net income/(expenditure)|||||28811|(38982)|(18113)|(23,193)||