REGISTERED COMPANY NUMBER.. 06901868 (En%l%fftd and Wi)le%) REGISTERED CHARITY NUMIIE4 R: IJ40576 Report of the Trustees ai)d UnAudited FinRnci81 Statements for the Year Endeil 31 Octobei. 2023 for Ark Community Transport Ltd Kiiisella Clai'ke Linitted 61 Sl&nl¢y Road Bootle Merseyside L20 713Z
Ark Community Transpoyl Ltd coll1¢ts of the Financial Slotejnents for the Year Ei nded 31 Oetobei. 2023 Page Report of the Trustees I to 2 Jndependent Ei xaminer's Report Statement of Flnameial Aetlvitles Balaiiee Sheet Notes to the Flnaneial StRltments 6 to 10 Detailcd Statement of Financial Activlties
Ark Communlty Transport Ltd Report of tlie Trustees fov tlie Year Ended 31 October 2023 The trllstees who are also directors of the charity for the purposes of the Companies Act 2006, preseT]t their report with the finallcial statements of the chai'ity foi. the year eiidtd 31 October 2023. The trustees have adopted the pi'ovisions of Accounting and Reporting by Cliai'ities.. Stat¢inent of Recommended Pi'a¢ti¢¢ appli¢able to charities prtparing their ac¢ounts in a¢cordance with ihe Financial Reporting Standard applicable li) the UK atLd Republic of IiEland {FR8 102) (effective l January 2019). ACHIEVEMEf4T AND PF.RFORMANC Charitable activities The chai'ity provides a high standard of transport and working ¢nvii'oninent foi. both end usel3 and staff, The vehicleg are specially adapted for ti'ansporting wheelchairs. THE vehicles are serviced and In&intained to a high Sevel. Di'Evers and attendants are all fully qualified, experienced and DBS checked. The charity sei'vices contrdcts for Wirral Borougl) Council, assisting vlllnsrEble children and adL)lts with mental an(Vor physical disabilities to attend day care cenlres, benefitting the user and providing some r¢spil¢ for the carers. STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution and governRRg document The charity is controlled by its governing document, a deed of trust. and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. Con5titutioii and org74nisation The registered name of the Cliarity is Ark Commllnity Transport Limited, charity number 1140576 and company number 06901 868. The charity is an incorpoiat¢d association and is gov¢m¢d by the terms of its M¢mor4ndum & Arli¢l¢s of A0cL110n. Th¢ charity was established and inc(Fiporated on I l May 2009. Reoruitineiit aiid Appolntment of new trustees New trustees are appointed by exi8ling ti'ustCC8 based upon the skills and knowledge thal they may bring to the ¢h#rity to stsrngthen the depth tsf governance and operational perforniance. Objectives aiid Activities The objects of the charity are to provide transpoit facilitie5 for vulner2ble eliEldreft and adults with mental andloi. physicdl dibdbililies. The trustees Confirm that they have referred to the guidall¢e cont&in¢d in the Cliarity CommÉ$siot)'s general guidaH¢¢ on public b¢nefit when reviewin&b tlie cli8rity's aims and objectives. Risk m2n8gemeTbt The trustees trusteeshave a duty to identify and review tli¢ risks to which th¢ charitycliarity is ¢xposed and to ensur¢ appropriate coiitrols al'e in place to pi'ovide reasonable assurance Against fraud and eri'or. REFERENCE AND ADMINISTRATIVE DETAII Registered Cumpany i)umb¢r 06901868 (England and Wal¢sl Reglslered Chorily nurnber 1140576 Registered orriee Beaufort House Beaufort Road Birkenhead Merseyside CH41 IHE Page I
Ark CoM]munity Transport Ltd Report of the Trustees for tlie Year Ei nded 3] October 2023 Tru51ee5 S A Lay (appointed 1.12.23) Miss C Z Burrows Directoi. {appointed 21.4.23) A K Erzouki Director (appointed 21.4.23) J DerbyshTre Director (resigned 22.3.24) Company Secretary Independent Examiner Simon J KiA(ham FCCA ACA Kinsella Clarke Limited 61 Stanley Road Bootle Mer5eysid¢ L20 7BZ Approved by ordei. of the board of ti'ustees on 16 July 2024 and signed on ils behalf by.. A K Erzouki . Trustee Page 2
Independeiit Examlner's Report to the Trustees of Ark Community Transport Ltd Indeptndent examiner's report to the ti'ustee% of Ai'li Cumniunity Traiisporl Ltd Cthe Company,) I report to the charity trustees on my examination of the accounts of the CoTnpany for the year ¢nded 31 October 2023. R¢sponsibilities and basis of i'eptsi't As the chai'itys trustees of the Company (and also its dii'ectors for the purposes of compaiiy law) you Rre responsible for th¢ pr¢paration of the accounts in accordance with the requireinents oFthe Cotnpanies Aci 2006 ('the 2006 Ace). Having satisfie£l Tnyself that the accounts of the Company al'e not required to be audited undei. Part 16 of the 2006 Act and are eligible for independ¢R¢ examination, I report in iespect of my ex7Jnination of your charitys ac¢ounts as cari'ied out under Section 145 of the Charities A¢t 2011 {he 2011 Act,). In carryiiig out ]ny examination I have follow¢d the Direction5 given by the Charity Commission und¢r Seetion 145(5) Ib) of the 2011 Act. Independent examiner'5 Statement SinLe your cliarity'5 gross income ex¢Eeded £250,000 youi. examinei. must be a member of a list¢d body. I cali confirm that l am qU<ilified to und6rt2ke the examination because l am a meinber of the Inslitute of Chartered Accountants in England and Wales, which is one of the listed Ert)dies. I have completed my examination. I confirni that no matters have come to my altention in conllection wsth the examination giving me caust to believe.. accounting r¢cnrd8 were not kept in respect of the Conipany as requll'ed by Section 386 of th¢ 2006 Act; Ol. the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other thaR any requirement that the a¢countS biV¢ a tru¢ and fair view which 15 Tiol a mattel. considered as part of an independent examination. or the aLLuunls have not been prepa]rd accordan¢e with the methods and principles of th¢ Statement of Recommended Pi'aLtice for accounting and reporting by ¢hai'iti¢% (applieable to charities preparing their accvunts in accordance with ihtr Financial Reporting Standard applicable ill the UK and Republi¢ of Ir61aiid (FRS 102)). I hav¢ no concerns and have come across. no other mattpAE in connection with th¢ Examination to which attention should be drawn in this report in order to enable a propei. understanding of tlie accounts to be r¢ached. Simon J Kirkham FCCA ACA Kinsella Clarke Limiied 61 Stanley Road Bootl¢ Merseyside L20 7BZ 16 July 2024 Page 3
Ai'k Community Trgnsport Ltd Statement of Financiol Aetlvltles for tlie Year fi Dded 31 Oetobei. 2023 31.10.23 Unrestricted fund 31.10.22 Total funds Nole5 INCOME AND ENDOWMEINTS FROM Other trading activities Investtnent income 441,233 408,112 45 Total 441.233 408,157 EXPENDITURE ON Raising funds 437.286 492,415 NET INCOMEI(EXPEI NDITURE) 3,947 (84,258) RECONCILIATJON OF FUNDS Total fuE)ds' brought forwai'd 8,160 92,418 TOTAL FUNDS CARRIED FORWARD 12,107 8,160 The i)otes foi'm part ofthese fJnaii¢ial stateineiit5 Page 4
Ai'k Community Transport Ltd Balance Slicet 31 October 2023 31.10.23 Unrestrict¢d nd 31.10.22 Total nds Notes FTXED ASSETS Tangible asset5 20,793 24,214 CURRENT ASSETS Sio¢ks Debtors Cash Rt bank 8,720 10 4,527 126,543 45,339 54,059 131.070 CREDITORS Amounts falling due within one year (62,745) (l47.124) NET CURRENT ASSETS (8,686) {16,054) TOTAL ASSETS LESS CURRENT LIABILITIES 12,107 8,160 NET ASSETS 12,107 8,160 FUNY)S Unrestricted funds 12 12,107 8,160 TOTAL FUNDS 12,107 8,160 The charitable company ss entitled to exemption frotn audit under S¢¢tion 477 ofthe Companies Act 2006 for the year ended 31 October 2023. The members have not required the company to obtatn an audit of ils financial statements for the year ended 31 O¢tob¢v 2023 in accordance with Section 476 of the Companies Aet 2006. Th¢ trustees acknowledg¢ their responsibilities for (a} ensuring that the charitable Company keeps accounting I'ecord5 thai con)ply with Sections 386 and 387 of the Coinpanies Act 2006 and pirparing fittancial stateTnents which give a true and fair view of the state of affaiiB of the chai'itable company as at the ¢nd of each fll)ancial ycar and of its surplus or deficit for ¢ach financial year in accordance with the rEquiJEments of Sectioiis 394 and 395 and wlii¢h otlierwise coinply with the requii'ements of the Companies A¢t 2006 IElating to financial statements. so far as applicable to th¢ ¢liari(able coinpany. (b) These financial slatememts have beeii piEpaitd ii) accordance witli the pi'ovisions applicable lo chai'itable companies subj¢ct to tlie sniall companies iEgim¢. The financi81 statetnenls weit approyed by th¢ Board of Tiwtees ai)d authoiised for tSsue on 16 July 2024 and were 5igDed on its behalf by.. A K Ei'zouki - Trustee The notes foijn part of these firtanci&l statemeiTrts PagFe 5
Ark Community Transport Ltd Notes to the FIELR Thcial Stat¢ment5 for the Year Ended 31 Oetob¢r 2023 ACCOUNTING POLICIBS Basi5 of preparing the financBal statements The financial slateinents of the eharitable company, which is a public ben¢fit entity und¢i' FRS 102, havc becn prq)ared in ac¢ordaTrce with the Charsties SORP (FRS 102) 'Accounting aTKI R¢porlingr by Charities.. Statement of Recommended Pi'acti¢e applicable to chai'ities prerIng their accounts in accordan¢¢ with the Financial R¢porting Standard applicable in the UK and Republic of li'eland {FRS 102) (effective l Jjlluaiy 2019),, Finan¢ial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepai'ed under the historical Cost conveE]tion. Income All income is recognised in tlie Stalem¢nt of Fiinancial Aclivities once tlie ¢harEty lias entitlement to the funds, it is probable that the income will be received and the amount Can b¢ ii)¢asui'ed relEably. Expenditllre Liabilities are recognised as expenditure as soon as there is a legal or ¢onstiuetive oblÈgalion commstting the ¢harity lo that expenditure, it is pmbable that a transfer of economic benefits will be required in settlement and the amoullt of the Obligation ¢an be measuiEd reliably. Expeftditure is accounted for on ali accruals basis and has be6n classified under headinbFS that aggregate all cost I'elated to the Categoiy. Where costs cannot be dii'ectly attributed to particular headings they have been allocated to activiti¢s on & bosis ¢onsistent with the use of resources. Tangible fixed a5S¢ts Depr¢cialion is provided at the followiiig anTJual l'ates in order to write off each asset over its estimated useful Stoc1($ Work in progr¢s5 is valued at the lower of cost and net r¢alisable value. Cost includes &ll direct expenditure and an appropi'iate proportion of fixed &nd variable overheads. Taxation The rharity is exempt froill ¢orporation tax on its charitable activities. und aceounti]hg Unrestricted fvnds cttn be used ITI a¢roTdance with th¢ chai'itable objectives at the disciEtion of the Ite&S. Restricted funds can only bc uged for particular re5tri¢ted purp05e5 Within tlie obj¢ct5 of the chai'ity. Restrictions aris¢ wlien specified by the donor oi. when fund& are i'ais¢d for paiticular I'esb'icted purposes. Further explanation of the nature and purpose of tach is iiicluded in the notes to Éh¢ financial stateinents. Hire purchase and leAslng commitinenls Renlals paid under operntiDg leases are C[rged to the Statement of Financial Activities on a straiglit line Iiasis ovei. the period of the lease. Page 6 continued...
Ark Commuiiity TrAnsport Ltd Not¢s lo the FÉn&nelal Statenienl8- Continued for the Year Elided 31 October 2023 OTHER TRADING ACTIVITIES 31.10.23 31.10.22 Transport Services 441,233 408.112 INVESTMENT INCOME 31.10.23 31.10.22 Deposlt aecoumt interest 45 NET INCOMEI{EXPENDITURE) Net llicomel{¢xpendilure) is stated aftcr oh&rgingl(crediting)'. 31.10.23 31.10.22 Depreciation - owned assets Other operating leases 3,421 5,668 4.846 58,095 TRUSTEES, REMUNERATION AND BENCI FITS There were no trustees, remuneration or other benefits for the yeai. ended 31 O¢tob¢r 2023 nor for the y£2r ended 31 October 2022. Trustees, expenses There were no trustees, ¢xp¢nses paid for the year end¢d 31 October 2023 nor for the year ended 31 October 2022. STAFF COSTS The ayerage monthly nun)ber of einployees during tlie year wa5 4s follows.. 31.10.23 21 31.10.22 21 Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unreslricted fund Ir4COME AND ENDOWMENTS FROM Other trading activities Investment income 408,112 45 Total 408,157 EXPKNDITURE ON Raising funds 492,415 Page 7 continued...
Ark Colnmunity Transport Ltd Notes to the Flnanelal Sla¢ements- eontlnued foi. the Year Ended 31 October 2023 COMPARATIVES FOR THE STATEMENT OF FIiYANCIAL ACTIVITIES- contanued Unrestricted fi]nd NET INCOMEI(EXPENDITURE) 184,258) RECONCILIATION OF FUNDS Total ndS bi'ought foiivard 92,418 TOTAL FUNDS CARRIED foRWARD 8,160 TANGIBLE FIXED ASSETS Improv¢m¢nts to ptopety COST At l November 2022 and 31 October 2023 68,410 DEPRECIATION Al l Novembei. 2022 Charge for year 44,196 3,421 At 31 October 2023 47,617 NEIT BOOK VALUE At 31 October 2023 20,793 At 31 October 2022 24,214 STOCKS 31.10.23 31.10.22 Work-in-progress 8,720 io. DBBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.23 31.10.22 Prepayment5 and a¢eru¢d income 4,527 Page 8 continued...
Ark Community Trgnsport Ltd Notes to the Financial St%tements~ eontillued for the Yeay Ei nded 31 October 2023 ii. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.10.23 31.10.22 Trade ¢r¢diiors Sotti&l secui'ity and oth¢r taxes VAT Other creditors Acci'lled eXnSeS 9,394 2,651 5,750 34,000 950 16,634 2.807 4,553 122,000 1,130 62,745 147,124 12. MOVEMENT IN FUNDS Net At 1.11.22 ovement in fvnds Al 31.10.23 Unrcstrieted funds General nd 8,160 3,947 12,107 TOTAL FUNDS 8,160 3,947 12,107 N¢1 movement in funds, included in the above are as follows: Ineoinin resources Resoui'ces expended Movement Èn funds IlnrestrKettd funds General fund 441,233 (437,286) 3,947 TOTAL FUNDS 441,233 {437,286} 3,947 Comp&ra¢ive5 for movement in funds Net mov¢meiit in funds At At 31.10.22 Unrestricted thds Genei'al fund 92,418 {84,258) .160 TOTAL FUNDS 92.418 (84,258) 8,160 Page 9 continiied,..
Ark Community Transport Ltd Notes to the Finaneial Stateinents- continueil for the Year Ended 31 October 2023 12. MOVKMKNT IN FUNDS- eontinued Comparative net movement in funds, included in the abovc are as follows.. In¢omirtg resouires Resources exp¢nded Movement in funds Unrestricted funds General fvnd 408,157 (492,4151 (84,258) TOTAL FUNDS 408,157 (492,415) {84.258) A current year 12 Inonths and prior yeai. 12 Inonth5 combined position is as follows, Net moven)ent in fund5 At At 31.10.23 Unrestricted funds G¢n¢171 fund 92,418 (80,311) 12,107 TOTAL FUNDS 92,418 (80,311) 12,107 A ¢[rent year 12 months and prior year 12 moNths combined net movement in thnds, included in the above aiE as follows.. Incoming resources Resources expended Movement in fynds Unre$trl¢teti fllnds Geneial fund 849,390 (929,701) (80,311) TOTAL FUNDS 849,390 (929,701) (80,311) 13. RELATED PARTY DISCLOSURES There were no i'Elated party h?nsactions for the year ¢nded 31 October 2023. Page 10
Ark Community Ti'ansport Ltd Detailed Statement of Financial Aelivilie5 for the Year Ended 31 October 2023 31.10.23 31.10.22 INCOME AND ENDOWMEtYTS Other tradlng activities Transport service5 441,233 408,112 Inyestrnent income Deposit account intert 45 Total incoming re$Durees 441,233 408,157 EXPENDITURE Support C051s Management Wages Premises ¢o$ts Insurance Ttlephtsne DiiEct motor expenses Impi'ovements to property 274,893 5,212 1,959 128 149,096 3,421 280,217 58,095 3,012 142.617 4,846 434,709 488,787 Finance Subscriptions and licences Computer exp¢nses Staff Irdining Accountancy fe¢$ Sundries Bank cliarges 456 156 500 1,255 1,894 1,522 212 210 2,577 3,628 Total resoui'c¢s exnded 437,286 492.415 Net income/(expenditure) 3,947 (84,258) This page does Iiot foEin part of the statutory finan¢iEJI statements Pakie I I