Registered number: 06627417 Charity number: 1140229 

KNOTTY ASH COMMUNITY TRANSPORT 

UNAUDITED ACCOUNTS 

FOR THE YEAR ENDED 30 JUNE 2024 



## **KNOTTY ASH COMMUNITY TRANSPORT** 

# **FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **TRUSTEES** 

C White E White 

## **SECRETARY** 

Mrs Elaine White 

## **REGISTERED OFFICE** 

15 Waterloo Street Liverpool Merseyside L15 8JW 

## **COMPANY NUMBER** 

06627417 

## **CHARITY NUMBER** 

1140229 

## **ACCOUNTANTS** 

Invictus Accountancy Services Limited Stable Court Business Centre Water Lane Farm, Tarbock Green Liverpool L35 1RD 



## Page 1 **KNOTTY ASH COMMUNITY TRANSPORT** 

## **ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

|CONTENTS|PAGE|
|---|---|
|Report of the Trustees|3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Accounts|7 to 12|
|Detailed Statement of Financial Activities|11|





## Page 2 **KNOTTY ASH COMMUNITY TRANSPORT** 

## **TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2024** 

The trustees are responsible for keeping proper accounting records that dis reasonable accuracy at any time the financial position of the charity and to them to ensure that the financial statements comply with the Companies Ac The trustees are also responsible for safeguarding the assets of the charity hence taking reasonable steps for the prevention and detection of fraud and irregularities. 

## **PRINCIPAL ACTIVITIES** 

The principal activity of the charity in the year under review was the provisi community transport. 

## **STRUCTURE GOVERNANCE AND MANAGEMENT** 

The above report has been prepared in accordance with the provisions appl to companies subject to the small companies regime as set out in Part 15 of Companies Act 2006 and in accordance with the Charities SORP (FRS 102). 

This report was approved by the Board of Trustees on 

## **E. White Trustee** 

The trustee's, who are also the directors for the purposes of Company Law a 

## C. White 

## E. White 

Trustee's are elected by members for a period of three years. When electing trustee's experience and occupational status is taken into consideration. 

None of the trustee's have any beneficial interest in the company. 



All members of the company guarantee to contribute an amount not exceed in the event of winding up. 

## Page 3 **KNOTTY ASH COMMUNITY TRANSPORT INDEPENDENT EXAMINERS REPORT OF KNOTTY ASH COMMUNITY TRANSP FOR THE YEAR ENDED 30 JUNE 2024 Independent Examiner's Report to the trustees of Knotty Ash Comm** 

I report on the accounts of Knotty Ash Community Transport for the year en 30 June 2024 which comprise the Statement of Financial Activities, the Sum Income and Expenditure Account, the balance Sheet and notes. 

## **Respective responsibilities of trustees and examiner** 

The trustees (who are also directors of the charitable company for the purpo company law) are responsible for the preparation of the accounts. The trust consider that an audit is not required for this year under the Charities Act 2 s.144(2) (the 2011 Act) and that an independent examination is needed. 

Having satisfied myself that the charity is not subject to audit under compa and is eligible for independent examination, it is my responsibility to: 

- w examine the accounts under s.145 of the 2011 Act; 

- w to follow procedures laid down in the general directions given by Charity Commision under s.145(5)(b) of the 2011 Act. 

- w State whether particular matters have come to my attention. 

## **Basis of independent examiner's report** 

My examination was carried out in accordance with the general directions g the Charity Commission. An examination includes a review of the accountin kept by the charity and a comparison of the accounts presented with those It also includes consideration of any unusual items or disclosures in the acco and seeking explanations from you as trustees concerning any such matters procedures do not provide all the evidence that would be required in an aud consequently no opinion is given as to whether the accounts present a "true view and the report is limited to those matters set out in the statement belo 

## **Independent examiner's statement** 

In connection with my examination, no matter has come to my attention: (1) which gives me reasonable cause to believe that in any material respect requirements: 

to keep accounting records in accordance with the Companies Act 2006, s.3 prepare accounts with accord with the accounting records, comply with the requirements of section 396 of the Companies Act 2006 and with the metho principles of the Charities Statement of Recommended Practice: Accounting 



Reporting by Charities, have not been met: or (2) to which, in my opinion, attention should be drawn in order to enable a p understanding of the accounts to be reached. 

Invictus Accountancy Services Limited Stable Court Business Centre Water Lane Farm, Tarbock Green Liverpool, L35 1RD Dated: October 14th 2024 

## Page 4 

## **KNOTTY ASH COMMUNITY TRANSPORT** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2024** 

||||**2024**|
|---|---|---|---|
|**Unrestricted **||**estricted**|**Total**|
||**funds**|**funds**||
||**£**|**£**|**£**|
|**Incoming resources**||||
|Incoming resources||||
|Activities for generating funds|898,614|-|898,614|
|**Total incoming resources**|898,614|-|898,614|
|**Resources expanded**||||
|Costs of generating funds||||
|Charitable activities|836,876|-|836,876|
|Governance costs|3,220|-|3,220|
|**Total resources expended**|840,096|-|840,096|
|**Net incoming resources for the year**|58,517|-|58,517|
|**Net movement in funds:**||||
|**Net income for the year**|58,517|-|58,517|
|Total funds brought forward|108,895|-|108,895|
|**Net funds carried forward**|167,412|-|167,412|





## Page 5 **KNOTTY ASH COMMUNITY TRANSPORT** 

**BALANCE SHEET AT 30 JUNE 2024** 


**----- Start of picture text -----**<br>
2024<br>Notes £<br>FIXED ASSETS<br>Tangible assets 2 42,535<br>CURRENT ASSETS<br>Debtors 3 124,400 113,795<br>Cash at bank and in hand 29,781 10,568<br>154,181 124,363<br>CREDITORS:  Amounts falling 4 29,304 57,388<br>due within one year<br>NET CURRENT ASSETS 124,878<br>TOTAL ASSETS LESS CURRENT LIABILITIES 167,412<br>CAPITAL AND RESERVES<br>Unrestricted funds 6<br>General fund 167,412<br>-<br>Designated funds<br>167,412<br>**----- End of picture text -----**<br>


For the year ended 30 June 2024 the company was entitled to exemption fro under section 477 of the Companies Act 2006. 

The members have not required the company to obtain an audit of its finan statements for the year ended 30 June 2024 in accordance with section 476 Companies Act 2006. 



The directors acknowledge their responsibility for complying with the requir of the Act with respect to accounting records and for the preparation of acco 

These accounts have been prepared in accordance with the provisions appl companies subject to the small companies regime. 

## **Approved by the Board of Trustees on** 

**Signed on their behalf** ........................................ Elaine White Trustee 

## Page 6 **KNOTTY ASH COMMUNITY TRANSPORT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **1. ACCOUNTING POLICIES** 

## **Basis of preparation** 

The financial statements have been prepared in accordance with Accountin Reporting by Charities: Statement of Recommended Practice applicable to c preparing their accounts in accordance with the Financial Reporting Standa applicable in the UK and Republic of Ireland (FRS 102) - Charities SORP (FRS (effective 1 January 2015) - and the Companies Act 2006. 

## **Change in basis of accounting or to previous accounts** 

There has been no change to the accounting policies (valuation rules and m accounting) since last year and no changes have been made to accounts fo years. 

## **Incoming Resources** 

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be qu with reasonable accuracy. 

## **Resources Expended** 

Expenditure is accounted for on accruals basis and has been clarified under that aggregate all cost related to the category. Where costs cannot be direc attributed to  particular headings they have been allocated to activities on a consistent with the use of resources. 

## **Allocation And Apportionment Of Costs** 

All costs relate to the single activity of the charitable company and are reco accordingly. 

## **Fund Accounting** 

Unrestricted funds can be used in accordance with the charitable objectives discretion of the trustees. 

Restricted funds can only be used for particular purposes within the objects charity. Restrictions arise when specified by the donor or when funds are ra particular purposes. Designated funds are funds set aside by the trustees o 



unrestricted general funds for the specific future purposes or projects. 

## **Cash Flow Statement** 

The Company is exempt from including a statement of cash flows in its acco accordance with Financial Reporting Standard for Smaller Entities (effective April 2008). 

## **Depreciation** 

Depreciation has been provided at the following rates in order to write off th over their estimated useful lives. 

Commercial Vehicles Fixtures & fittings 

reducing balance 25% reducing balance 15% 

## Page 7 

## **KNOTTY ASH COMMUNITY TRANSPORT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **Taxation** 

The charity is exempt from corporation tax on its charitable activities. 

## **Trade and other debtors** 

Trade and other debtors are recognised at the settlement amount due after discounts. 

## **Trade and other creditors** 

Trade and other creditors are recognised at the settlement amount due afte discounts. 

## **2. TANGIBLE FIXED ASSETS** 

|**2. TANGIBLE FIXED ASSETS**|||
|---|---|---|
||**Commercia **|**Fixtures**|
||**Vehicles**|**Fittings**|
|**Cost**|£||
|At 1 July 2023|151,576|7,658|
|Additions|16,600|6,972|
|Disposals|10,000|0|
|At 30 June 2024|**158,176**|**14,630**|
|**Depreciation**|||
|At 1 July 2023|111,847|5,467|
|For the year|11,582|1,375|
|Disposals|0|0|
|At 30 June 2024|**123,429**|**6,842**|
|**Net Book Amounts**|||
|At 30 June 2024|**34,747**|**7,788**|
|At 30 June 2023|39,729|2,191|



## **3. DEBTORS** 

2024 



|Amounts falling due within one year:<br>Trade debtors<br>Rent deposit<br>Taxation and social security<br>Other debtors<br>**4. CREDITORS:**<br>Amounts falling due within one year:<br>Taxation and social security<br>Trade creditors<br>Other creditors<br>Accruals|£<br>102,783<br>16,753<br>4,864<br>0|
|---|---|
||124,400|
||2024<br>£<br>2,146<br>23,294<br>0<br>3,864|
||29,304|



## Page 8 **KNOTTY ASH COMMUNITY TRANSPORT** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2024** 

## **5. LIMITED BY GUARANTEE** 

The company is limited by guarantee and does not have a share capital. Ea member gives a guarantee to contribute a sum not exceeding £1, to the com should it be wound up. At 30 June 2024 there were 2 members. 

## **6. UNRESTRICTED FUNDS** 

## **7. RESTRICTED FUNDS** 

|Brought|Incoming|Outgoing|Transfers|
|---|---|---|---|
|Forward|resources|resources||
|£|£|£|£|
|108,895|898,614|840,096|-|
|108,895|898,614|840,096||
|||839866||
|Brought|Incoming|Outgoing|Transfers|
|Forward|resources|resources||
|£|£|£|£|
|0|0|0|0|





## Page 9 **KNOTTY ASH COMMUNITY TRANSPORT** 

**INCOMING RESOURCES FOR THE YEAR ENDED 30 JUNE 2024** 

|||**2024**||
|---|---|---|---|
|||£||
|**Incoming resources**||||
|**Incoming resources from generated**|**funds**|||
|**Activities for generating funds**||||
|Fees for the provision of transport|876,275||868,149|
|Grants received|22,338||16,481|
|||898,614||
|||898,614||
|||||
|||898,614||





## Page 10 **KNOTTY ASH COMMUNITY TRANSPORT** 

**RESOURCES EXPENDED FOR THE YEAR ENDED 30 JUNE 2024** 

|**Resources expended**|**2024**|
|---|---|
|**Costs of generating funds**|**£**|
|**Charitable Activities**||
|Salaries cost|102,155|
|Volunteers expenses|359,295|
|Staf training|428|
|Pension contributions|3,455|
|Rent and rates|62,259|
|Light, heat and power|11,260|
|Repairs and licences|90,553|
|Repairs and maintenance|7,146|
|Motor expenses - fuel and oil|74,917|
|Motor insurance|69,611|
|Vehicle rental|30,150|
|Stationery, printing & ofce supplies|685|
|Telephone|4,158|
|Software|70|
|Subscriptions|551|





|Legal and professional fees<br>Business insurance<br>Bank charges<br>Sundry expenses<br>Depreciation of commercial vehicles<br>Depreciation of equipment<br>(Proft) & loss on commercial vehicles<br>**Governance costs**<br>2990 Resources Expended Governance Costs<br>839866|4,142<br>3,085<br>0<br>11,582<br>1,375<br>0|
|---|---|
||**836,876**|
||3,220|
||3,220|
|||
||**840,096**|



Page 11 



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2023 Total £ 884,630 884,630 887,679 2,990 890,669 (6,039) (6,039) 114,934 108,895 



2023 £ 41,920 

66,975 108,895 108,895 - 108,895 om audit cial 6 of the 



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% % 

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**Total** £ 159,234 23,572 10,000 **172,806** 117,314 12,957 0 

**130,271** 

**42,535** 41,920 

2023 



£ 90,524 16,753 6,518 0 113,795 2023 £ 1,755 18,895 33,150 3,588 57,388 

ch mpany 

Carried forward £ 167,412 167,412 167642 Carried forward £ 0 



2023
884,630
884,630
884,630

2023 £ 110,006 380,492 3,591 3,540 63,120 1,933 133,793 7,392 90,067 69,301 0 228 2,287 0 320 



3,680 -3,830 3,266 825 16,993 387 290 **887,679** 2,990 2,990 

**890,669**