BRID NORTH COMIIIUNITY TRANSPORT GRO an Limit arantee Com stered Charl An No 7562490 Nllmber: 1142028 Financial Statements 4r Ended 318t Mar¢h 2022 Silver & Co Accountonts, TaxaÈton & Business Advisor BRIDGNORTH COMMUNrrY TRANSPORT GROUP stsred Chari Number: 1142028 coNrENTS Page Report of the Directors Report of the R¢porting Accountants Statement of Finao¢i&l A¢iiviti¢s Balance Sheet Notes to the Finan¢ial Stat¢m¢nts 9-21 BRIDGNORTH COMMUNITY TRANSPORT GROUP stered Chari Number: 1142028 Year Ended 31st March 2022 DIRECTORS- EXECUTIVE COMMITTEE Peter Me¢han Brian Jon¢s Margaret Lom8S Peter Lindsell George L¢t Mffanwy Brady Chris Jet]nison Elliot Lynch Les Winwood Stan Butler Vice Chair Treasurer Secretary resigned 18 March 2022 appointed 12 May 2021 SECRETARY Peter Lindsell REPORTIIYG ACCOUNTANTS Silv¢r & Co Accountants The Hollies 16, Si. John Street Brid8north 8hrop8hir¢ WV15 6AG BANKERS Lloyds Bank PIC 8 High Street Bridgnorth Shropshire WV164DN SOLICITORS REGISTERED OFFICE 16, Si. John Street Bridgnorth Shropshire WV15 6AG BRIDGNORTH COMMUNITY TIL4NSPORT GROUP tered Ch#rit Number: 1142028 Year Ended 31st Marth 2022 DIRECTORS ANNUAL REPORT The Dir¢¢torspre8ent their report and the independently ¢xamined financial stat¢m¢nt$ of the charity for the year ¢nd¢d 31 yi March 2022. The directors have adopted the provision8 of the Statevnent of Recommended Practice (SORP) "A¢¢ounting and Reporting by Charities" (FRS 102) in preparing the annual report and fJnaD¢ial statements of the charity. The financial statements hav¢ be¢n prww¢d in accordance with the a¢counting polici¢s set out in not¢s lo the accoullL$ and comply with ihe ¢harity'$ govcrning document. the Charities Act 2011 and Accounting and Rep)rting by Charities.. Statement of Recommended Prdctice applicable to charities preparing th¢iT a¢counts in accordance with the Finatt¢ial R¢porting Standard for Smaller Entities published on 16 July 2014. Bridgnorth Community Transport Group ig a charitsble Company incorw)rated in 2011. limited by guarantee, re8lSt¢r¢d chÈrity number 1142028, registered company number 7562490. The charity 18 governed by its 0￿1 memorandum and artj.cles of association. DITectorB The Director8 who h¢ld office durin8 the yw are lisiedon the schedul¢ of Directors. The charity continued to provide a community passenger service within BridgDorth, Cleobury Mortimcr and their 8uJYounding villag¢$. Publlc Ben flt tat There are three main aspects to our work..- l) We use our own wheelchair accessible minibuses to provid¢ regular minibus services into Bridgnorth town from ar¢8s thot ar¢ not Adequately served by existing public transport. Current services include a twice weekly service from Claverley to Bridgnorth, w¢¢kiy service5 from Cleobury Mortimer, Bunvarton and Hampton Loade to Bridgnorth and 8 monthly service from Alvel¢y to Bridgnorth. Users of these services need to becom¢ m¢mb¢rs of the GTOUP (th¢ annual membership fee is currently £8), and pay a fare for each journey, except (hat hold¢r8 of Bus Cards ¢an travel free, the cosi of their fares being reimburs¢d by Shropshire Council. 2) We also mak¢ our minibuses available to local voluntary ￿0up8 for transporting their own members. Groups ean provide their own (trained) driver or we provide on¢ of the volunteer driver8 if required. Group membership costs £20 and we make a modest mileage charge to cover ur op¢raliIi8 ¢0Sts. 3} We coordinate the Bridgnorth Voluntary Car Scheme, whose volunteer drivers use their own car5 to provide iransport for p¢opl¢ who donl have reasonable access to 8 car or publi¢ transport for essential joumeyg such &s ru¢dical appointments. Customers pay a sn]All mileage charge, which goes towards th¢ ¢xp¢ns¢s incurr¢d by the dn'vers in providing and operating their cars and Shropshire Council makes a contribution towards these rosts too. Tbe scheme is wholly voluntary and is believed to be one of the oldest and laTgest ￿h¢M¢S of it's kind in the country. As a charity, w¢ n¢ed to ¢nsur¢ that our activities are undertaken for the public benefit and in developing them we have had regard to the guidanee on public b¢nefit 155ued by the Charity Commission. BRIDGNORTH COMMUNITY TRANSPORT GROUP Re Stered Chari ber: 1142028 Ye*r Ended 31st March 20 DIRECTOR ANNUAL REPO ontinued ehl ents and Performaoee Passenger numbers began to gradu￿lY r¢cover as w¢ ¢ontinued to emerge from the coronavin pand¢mic. 895 passcng￿s used our rcgular serYic¢s b¢tw¢¢n l April 2021 and 31 March 2022. compared with 1,336 between l April 2019 and 31 March 2020. Incomc from Groups between l April 2021 and 31 March 2022 totallcd £4,601. (This inrluded £1,153 from individual minibus journeys by wh¢elchair-us¢rs who wcrc unable to transfer to 8 ar s¢at.) In comparison. income from group hire between l April 2019 and 31 March 2020 totalled £16,005. Between l April 2021 and 31 Mar¢b 2022 our voluntary Car scheme drivers Gove￿d & tots] of 55,515 miles and carried 2.109 passengers. compared with 64.316 miles and 2,773 passengers between l April 2019 and 31 March 2020. The above $tat15tics compare the 2021122 financiAI y¢8r with 2019120. This is because (apart from a very short period at the end of March 2020) 201912020 was the last pre-pandemie finan¢ial year. Activity during the 2020121 financial year. which included the height of the pandemic. was very low and would noi have provided a useful comparison. Expressed as a percenlage of the 2019120 tots18, activity during 2021122 was as follow8:. Rcgular Service Passensers.. 670/• Income from Groups.. Car S¢heme Passenger Journ¢ys'. 2￿/. 760/0 A8 at 31 March 2022 the Group had 68 paid-up individual member8 and 19 group members. ¢omp&red with 98 individual members and 48 groups on 31 Mawh 2020. The Executive Committee undert(￿k a Teview of the membership requiT¢m¢nls during ihe year, as a rcsult of which it was agr¢ed that the membership fee be waived for whe¢l¢hair-bound mintbus passengers and their carers and that the Group's volunteers be invited to become m¢mb¢rs without being charged a fee. Users of the voluntary ear scheme are not required to become members. bul th¢ Ex¢cutive Conunitt¢¢ has decided that regular users of the scheme Should be encourag￿ to become memb¥r.$. In November 2021 we purctwed a second-hand (2014 Reg) Ford Transit Minibus to replace one of our 13 year old Volkswagen Crnfter buses. Flnanclal Revl As al 31 March 2022 our assets comprised cash #t th¢ bank, a 13 Seat minibus (acquired in February 2017 and finaDced from th¢ Government's Community Transport Minibus Fund), two 15 seat minibuses (purchased from Shropshire Council), a $¢¢ond-hand 17 seat minibus Ipurchased in November 2021) and items of offi¢¢ ¢ouipment. Approximaicly £18.500 of the c&qh at bank is ring- fenced for the purchas¢ or leasing of repla¢¢m¢nt minibuses. The maintenance of our minibuses. including regular safety ¢h¢cks, is undertaken by Arch Motor Services and fikel cxrd8 (for the ptsrch&8e of diesel fuel) are provided by UK Fuels. We rent our otTs¢c at 16 St John's Street, Brid￿￿Orth and employ th¢ organisation's Operational Manager and Offir¢ Administrator. (Both work part-time and share the offi¢¢ r¢sponsibilitie5.) Despite the pandemic, our finances remained in a healthy 8tste due to generous sUPPOrt from Shropshire Couneil and HM Government (see below). BRtDGNORTH COMMUNITY TRANSPORT GROUP stered Chari umber." 1142028 ar Ended 31st March 2022 DIRECTORS ANNUAL REPORT- Continued Main Fundin Source Our muin sources of funding are normally an annual grdnt from Shropshire Council. ￿￿e[shiP f¢¢s. fares charg¢d to pass¢ng¢rs on our regular seryires, reiTnbursement by the Council of fares foregone through a¢¢¢pting Bus Cards, subsidies from the Council towards the cost of operating loss- making regular services, fuel duty rebates (Bus Service Opeyator's Gr4mt), hire ¢harge8 from member organisations and a contribution from Shropshire Council towards the cost of coordinating the Voluntary Car Sch¢m¢. During thc pandemic, as well &8 continuing to provid¢ their usual grnnt aid, Shropshire Council managed to secure 'supplier relief funding for us. The Govrrnlnent also ¢olltinued to pay us Bus Serviee Operator'¥ Grant at 41 LOTllp8Table level to previous ycars. In recent years the Group has also benefitt¢d from grants from the Co-operative Local Community Fund. Restricted Funds The Group does not operate any restricted fimds. Reserves Polic The Group does not have a Re8eTves Policy. ueture ov rnance and ManA ement We a￿ o ¢harilabl¢ company limil¢d by guarant¢e, in¢on)ornt¢d on 14 March 2011 and registered as a ¢harity on 23 May 2011. Our articles of Association set out our objectiv¢s and powers and how we are governed. In the event of the comp8ny being wound up? members may be r¢quir¢d to contribute an amount not exceeding £1. The dire¢tots of the company ar¢ also ¢hority tTUStees f(Trr the puTposc$ of charity law and under the ¢ompany'g Arti¢les are known as 2nembers of the Executive Committee. Ex¢¢utiv¢ c.ommittee members are elected at the Annual General Meeting. Only individual members of the company or persons nominated by our member organisations may stand for election to the Committee and it may in addition ¢04)pt up lo two other p¢rsot]s, who do not have to be m¢mbers of the Company* lo setve as fijll voting members of the Lommittee. Members of the Ex¢cutive Committ¢¢ during th¢ period covered by thi8 report are listed on the charity infomiation page at the beginning ofthese aecounts. The f()Ilowtng additional persons have attended meetings as observers, with no voting rights.. Kay Kightley (Operation Manager) and Mary Thomas (Offi¢¢ Administrator). Th¢ Executive Committee noM￿llY meets every three months. However. during th¢ coronavirus epidemic meetings have been infrequeTht and undertaken virtually using specialist meetings sofvare. All members of the Con]mitlee give thcir tim¢ voluntarily and receive llo benefits from the charity. The Operational Manager and Office Administrator are responsible for the day to day operational management of the organisation alld they report to, and are guidcd in their Work by, an Operational Sub-Con]tDitt¢e appointed by th¢ Ex¢LUtiv¢ Conunittee. Th¢ Operational Sub-Committ¢¢ m¢¢ts monthly and during th¢ period covered by this report comprised Peter Meehan (Chairn)an), Brian Jones (Vice Chair), Peter Lindsell (Secretary), Margaret tA)mas (Treasurer) and Myfanwy Brady. BRIDGNORTH COMMUNITY TRANSPORT GROUP stered Chari Number: 11420 Year Ended 31st March 2 22 DIRECTORS ANf4uAL REPORT- ContlJ)ued nds held as Cllstodlan TTUStee on behalf ol other8 Th¢re W¢￿ no custodian fund8 held on behalf of third parties (2021-£Nil). Pernianent Endowment l]hv # Total Retsrn Ba There w¢r¢ no ¢ndowment funds invested {2021-£Nil). Thir Par Indemnl Provl810 There were no provisions for 3rd pty itsdenulity {2021-£Nil). FlnAne tnts With the exception of Dornial trading income and expenses there are no financial instruments. arch and D ment The charity does no¢ undertake any r¢¢ognised research and development. nslbllltl Dlr Thc Directors by eompany law are responsible for the preparation of the finaneial stsÈ¢ments which Lan8 The charity did not have any concessionary102ns in the year (2021-£Nil). o) Derlvatlves Th¢ Charity did not have any derivativ¢8 in th¢ year (2021-£Nil). p} Impairment Ass¢ts not measur¢d at fair value are rev1¢W￿ for any indic&tion that the assets may be impaired at each balance sh¢et date. If such indication exists. the r¢coverable amount of th¢ assct, or the asset's cash gcnerating unit, is estimated and compared to the canying amount. Where the carrying amount exceeds its recoverable amount, an impaArnJent loss is recognised in protit or loss unless the asset is ca￿led at a revalu¢d amount where the impajrnient loss is a r¢valuation decreas¢. -12- BRIDGNORTH COMMUNITY TRANSPORT GROUP Stertd Chari Nllmber: 1142028 NOTES TO THE FINANCIAL STATEMETr4TS- CTrntinued Ye#r Ended 3151 MaT¢h 2022 q) Provisions Provisions ar¢ recognised when the charity has an obligation at the balance 8hcet date as a Tesult of a past event, it is probable that an outflow of economic benefits will b¢ r¢quired in settlement and the amount can be reliably estiTnat¢d. r) Lea8es Therc were no leases. 8) Foreign eurreney There were no foreign Currency transactions within the year. t) Employee beneflts Th¢r¢ were no known employee benefils within the year. u) T*x The ¢harity is an exempt charity within the meaning of Schedul¢ 3 of the Charities A¢t 2011 and 18 ¢onsidcTed to pass the I¢￿t5 S¢t out in Paragraph I Sch¢dul¢ 6 Finance Act 2010 and therefore it meets the dcfinition of a charitsble company for UK ¢on)oration tsx purposes. v) Golng concern The financial staiements have be¢n prcpY4red on a going basis as the trustees believe that no material un¢ertainlies exist. The truglees have considered the level of fLmds h¢ld and the cxp¢¢l¢d level of income and expenditure for 12 months from authorising these financial statements. The budgctcd income and expenditure is sufficient with the level of reserves for the charity to be able to continue as going concern. w} Judgements and key sources DfeJtlmgtioD un¢ertalDty There weTe none in the year (2021-£Nil). -13- BRIDGNORTH COMMUNITY TRANSPORT GROUP istered Chari Number: I 2028 ES TO THE FINANCLIL STATLM£NT Y￿r Ended 1st March 2022 llleotne from donatfions and le acies 2022 2021 Gifts Donation5 and Le￿1¢$ Grants Donated Services Donated goods for distrubution to beneficiaries Other 1,711 33.312 20.720 2,073 35.023 22,793 Income from donotions and legaeies was £34.979 (2021-£22.793) of which £Nil (202I-£Nil) was attributable to endowm¢nt$. £Nil (2021-£Nil) was attiibutable to restricted and £34.979 (2021-£22,793) was attributable to unrestricted funds. £33.26812021-£20,720) of govemment grallts were received. 3. In om from h rlta There wer¢ no income from ¢harilable activiti¢s in the year (2021-£Nil). me from th r tradln etlvld 2022 20 Fund Raising Ev¢nt$ Far¢8 & Hire Chur%¢8 Other 7,112 3.582 393 19.243 10,694 19,635 Jncome from othcr trading activiti¢s was £10,694 (2021-£19,865) of which £Nil {2021-£Nil} was attributable to enduwments, £Nil (2021-£Nil) was attribu¢uble to restricted and £10.694 (2021-£19,6351 was allributable to unrc51ricted funds. Income from Inv stmen 2021 Divid¢nd8- equities Interest- fixcd intereqt securities Interest- deposlts Interest- concessionary loans receivable Rental in¢om¢ Other Income from investments was £3(2021-£7) of which £Nil {2021-£Nil) was attributsble to endowments, £Nil (2021-£Nil) was attributable to ￿striCted and £3 (2021-£7) was attributable to unrestricted funds. -1 BRIDGNORTH COMMUNITY TRANSPORT CROUP istered Chari umber: 1142028 OTES TO THE FINANCIAL STATEMENTS Year Ended 31st Mareh 2022 Other income There were no other income in the year (2021-£Nil). rmanent endowment Invested on return basls There werc none in the year (2021-£Nil). & Inv ent man emen¢ e st8 There wcre no investment management coyt$. An#1 sls of ex enditure on eh4r tabl aetlvltles tiyit Crant und¥rt#k¢D Su L4lv re¢ Total Running a Community transport 8ervi¢e 11,302 32.498 43,800 11,302 32.498 43.800 £Nil (2021-£Nil) of the above costs were attributsble to endowment fimdA, £Nil {2021-£Nil) of the abov¢ costs werc attribul&ble to restricl¢d fundy. £43.800 (2021-£39.469) of the above costs w¢r¢ ttributable to unrestricted funds. 10. Alloe4tlon rt cos Runnln munl Y4n serv Total Govcrnance Depreciation Office Costs Other 18,065 9,600 4,703 130 18.065 9,600 4,703 130 32,498 32,498 (S¢¢ note 9 under 5UPPOrt costs.) -15- BRIDGNORTH COMMUNITY TRANSPORT GROUP istcred Cbari Number: 1142028 NOTES TO THE FINANCIAL STATEMENTS Year Ended 31st March 2022 vernAllce costs 2022 2021 Tn￿tee remun¢ration Trnstee expenses Consultancy Indcpcnd¢Dt examiners r¢muneration (including expcnscs and benefits in kind Legal fees Support costs Other 830 17.220 16.501 18,065 17,331 Isee note 10 under governance costs.) 12. Anal sls of There werc no grants made lo institutions or individuals. 13. et Income for the ear Net income 15 Statsd after charging.. 2022 2021 Depreciation of tangible fixed assets (Gain)110ss on sale of tangtble fixed assets Opernting l¢ase rentals 9,600 6.406 14. Inde t exam emu eratl The independent examinerg remuneration amounts ¢0 an independent examination fee of £845 (2021- £830}. 15. Trustees, and ke mana ement ersonnel remuner*tloD and ei ense$ The tru5tces neither rw¢ived nor waived any rcmuneration during th¢ year {2021-£Nil). There were no employee benefits withxn the year {2021-£Nil). The ffi)stees did not have expenses reimbursed during the year (2021-£Nil). -16- BRTDGNORTH cOTrI￿y TRANSPORT GROiJP Re istered Chari Number: 1142028 NOTES TO THE FtNANCIAL STATEMENTS Y¢4r Ended 31st L￿Arth 2022 16. Staff ¢osts and em ee benefits The average rnonthly number of employees and ￿11 tirn¢ equivalent (FTE) during the year was as follows.. 2022 Numb 2022 2021 Number 2021 FrE Raising Funds Charitsble Activities Governance The total staff costs and employees benefits were as follows.. 22 2D21 Wages and Sal&ries So¢ial Security Defined Contribution Pension Costs Defined Benefit Pension Operating Costs Other Employ¢e Benefits Payroll Fees 16.627 161 432 28 17,220 16,iO There were no redundan¢y payments and no stsff ¢osts and employee benefits paid by related paty. 17. Interest There was no mterest payable within the year (2021.£Nil) 18. Dtan ibl¢ fix *sse There were no intangible fixed assets. -17- BRIDCNORTH COMMUNITY TRANSPORT GROUP tered Ch>ri umber: 1142028 NOTES'fo THE FINANCIAL STATLMENTS Year Ended 31st Marc 2022 19. ible fixed a&8ety Fixtur Buse & Fitti Cost or valuation- At 1st April 2021 Additions Disposals Revaluation 105.489 19,185 1.069 106,558 19.185 At 3 1st March 2022 124,674 1,069 125,743 Depwiation.. At I st April 2020 Charge for the year Impairnient Revaluation Eliminated ort disposals Ai 31 gt March 2022 86,271 9.600 .1.069 87,340 9,600 95,871 1,069 96,940 Nei book value.. Ai 31st March 2022 28,1103 28,803 At 31st March 2021 19,218 19.218 Th¢re were no land and buildings held. There were no borrowing costs within the yeaT. There were no ass¢ts held under finance l¢as¢s Tangible fixed assets with a net book value of £28,803 {2021-£19,218) hav¢ not ken pledged as security for liabilities of the charity. 20. Herita e assets There were no heritage assets. 21. Fixed as et investments Th¢re w¢r¢ no r￿ed asset investments. 22. Stoc Th¢r¢ were no stocks. BRIDGNORTH COMMUNITY TRANSPORT GROUP ' tered Ch#ri Number: 114202 NOTES TO THE FINANCIAL sTATE￿IE￿rs Year Ended 31st March 2022 23. D btors 2022 2021 Trth d¢bt(>rs Other 685 3,807 24. Current asset Inves¢Jllents There were no current asset investments. 25. r¢dltor8' amDunt5 fallin dwe Ivlthln one ear 2021 Trade Creditors Other Tax and Social Security Other Creditors Accruals and Deferred Jncome 407 96 845 830 941 2,249 26. rtdlti am unts fallln due af ear Ther¢ were no creditors falling due gfter more than one year. There wer¢ no finance leuses. There were no operating l¢as¢s. 28. Conce8$10 loAn8 re£elvable/ Able There were no conce85ionary loans. 29. Deferred in¢oEne There were no deferr¢d in¢om¢. 30. Accrued fundln commitments Th¢r¢ were no accrued funding comrnitmenls. 31. Provision$ for Ilabllltles There were no provisions for liabilities othcr than in creditors. -19- BIUDGNORTH COMMiJNrrY TRANSPORT GROUP e istered Chari umber: 11421128 NOTES TO THE FINANCIAL STATEMEIYT Year Ended 31$t March 21122 32. Contln ent liabilitlesl As$ets There were no contingent liabilities/ assets. 33. Fund reeolleilistion Unrestricted funds BAlanee At Start Galnsl 105ses Balance at end date Income enditure Transfer$ Restricted Unr¢8tricted 62,899 45.720 (43,800) 1,920 64,820 62.899 45,720 (43.800) 1,920 64,820 34. A 41 $15 of net A be¢ween f trl nated Restrl t funds nduwment Total Fixed Aysets Cash and ¢urrent investsnents Othcr current uy4el$ O¢hcr cuTrcnl liabilitics 28,803 36,958 28,803 36,958 (941) (941) 64,820 64,820 35. t incomel ex en re to ne¢ cash fl w fr er4tlll A¢tlvltl There was nothing to report at this level of turnover. 36. P nsan th t-rctlrem There were no pensions and other post-rets'rement benefits. 37. Flnanclal commitment There were no financial cosnmitm¢nts. 3& t5 terthee the eriod There were no events after the end of the period. 39. Off-balance sheet arran ements There were no off-balance sheet arrangem¢nts. 40. Related transaetlotts There are no related paty transactions during the period (2021-£Nil). -21 BRIDGNORTH COMMUNITY T POR Re istered Chari Number: 1142028 OTES TO THE FINANCIAL STATEMENTS Year Ended 31st March 2022 CYROUP 41. Financial in5trnments There w¢r¢ Do fman¢ial instruments. 42. Flrst-time ado tioD of SORP FRS 102 The Charity adOp￿d th¢ SORP (FRS 102) for the fir$t time in the year ended 31st M￿ch 2016. There were no changes as a result. -21-