REGISTERED COMPANY fwLWBER: 07489822 (England and Wales) REGISTERED CHARITY NULIIBER: 1145266 REPORT OF THE TRUSTEES AND ULYAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 FOR GOSTART COMMUNITY TRANSPORT LTD Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP
GOSTART COMMUNITY TRANSPORT LTD CONTENTS OF THE Fll4ANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 Page Reference and Administrative Detlils Report of the Trustees Independent Ex)Iminer's Report Statement of FinAncial Activities B#lAnce Sheet Notes to the Finaneiiil Statements 12 to 19 Detailed Stalemenl of Financial Activities 20
GOSTART com[UNITy TRANSPORT LTD REFERENCE AND ADMIIYISTRATIVE DETAILS FOR THE YEAR ENDED 31 JANUARY 2024 TRUSTEES J F Phillips (Chairn)an) (resigned 15.4.24) P Finch (Treasurer) (resigned l.11.23) A B¢ecroft (resigned l.11.23} D Martin (Treasurer) {appointed 5.11.23) J Budd (appointed 5.11.23) REGESTERED OFFICE Unit 6 South Suffolk Business C¢ntr¢ Alexandra Road Sudbury Suffolk COIO 2ZX REC.ISTERED COMPANY NUMBER 07489822 (England and Wales) REGISTERED CHARITY NUMBER 1145266 INDEPENDENT EL4LIiINER Seago and Stopps Chart¢r¢d C¢rtifi¢d Accountants 61 Station Road Sudbury Suffolk COIO 2SP Page I
GOSTART COMTrtUNrrY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 The trustees who are also directors of the charity for th¢ purpo¥¢s of the Companies Act 2006, pr¢scnt their report with the fiiiancial statemcnls of the eharitv for the year ended 31 January 2024. The trustees have adopted the provisions of Accolinling and Reporting by Charities." Stateinent of Recommendcd Practice &ppli¢able to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Repiibllc of Ireland (FRS 102) (¢ff¢¢tive l January 2019). OBJECTIVES AND ACTIVITIES AIMS AND OBJF.CTIVES The principal object of the charity is to provide low-cost accessible transport and related support for anyone who is disadvantaged b}, reason of age, disability, poverty or social isolation in Sudbvry, Suffolk and the surrounding villages and commutLities. Objcctives arc achicvcd by- l. Providing and maintaining non-profit making ¢ommunity transport services. 2. Working within the community in order to improv¢ people's mobility. 3. Engaging and working with other voluntary groups within the Sudbury area. 4. Working lo identif>, need5 01 older people, particularly ihose living in isolation. those with limiled mobility and anyone who is lonely and risks failing health as a result. 5. Maintaining awareness of society changes and the needs of members of our community. Idetitifying th¢ n¢¢ds of individuals, and other organisations and then testing 045t and delivering new or adapted services. Significant activities We provide= l. Dial-a-Rtde door-to-door services within an 8-mile radius of Sudbury. 2. MPV services providing a safe way of attending hospital and medical appointments. 3. Day Cenlre transport services for elderly passengers and anyone suffering with dementia. 4. Transport to meetings and activities for Sudbury Gateway Club, an activity arm of MENCAP. 5. Transport for pritnary sch(x)I pupils taking part in out of school lessons and activities. 6. The Expanding Horizons project provides days out for older people who are lonely or isolated. 7. Transport for members of small local voluntary groups trying to access activities and events. 8. Planning and Nnning a hvice weekly bus route to villages which have no other bus services. A schedule of data perfomance is attached to these a¢¢ounts. Page 2
GOST ART COMIur[y TRALYSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 OBJECTIVES AND ACTIVITIES PROVISION OF COMMUNITY SERVICE AND PUBLIC BF.NF.FIT Gostrdrt provides Lommuiiity b¢n¢f5t by using safe reliable meaiis ot transport for people of all ages. This applies particularly to anyone with limited or restricted mobility, who needs or ¥She$ lo get out of the place wher¢ they normally liv¢. Thi5 Inay be for reasons such as a doctor's appoiiitsnents, goii)g shopping or for social interaction. Community Transport provides a direct b¢n¢fit to passengers and reassurancc by providing short duration respitc for carers and family metnbers. Gostart engages and works with a wide range of other voluntary and not-for-profit organisations in order to extcnd range and reaLh of services. There are dozens of small local groups who use Gostart services. Somc exaJnples that show. the diversity of Gostart seNices to the community.. * Sudbury, Grammar School Old Boys * Si Joseph's Primary School * The Oddfellows * Red House residential care hotlle * Sudbury Baptist Church * Sudbury Gateway Club { a local activity branch of the National Mencap Society) * The local day for centre for older people * Lon&i Melford amateur football team * All Saints Church Causeway Group * Sudbury History Society * Hard of hearing club. * St Joseph's Care Home * Abbeycroft Together Tuesday group * Sudbury branch of U3A, ariouS groups Page 3
GOSTART COMLVIUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 FtNANCIAL REVIEW SUPPORT AND FUNDING We still WOLild like aiid really need lo tnovc away frorn dependeiice on fuiiding by the goveniment at both local and i)ational level. However, at present, this still seems lo be an una¢hievablc goal. We have five sources of income. Pass¢ng¢r far¢s, hirc chargcs for groLEP use of vehicles, donations from passeng¢rs and family members, grants from support bodies and direct government funding. Fares have been kept at the same level as they were last year. There is a need to achieve a realistic balance between operating COSt4, particularly fu¢l, and what passengers Can afford to pay. Getting the balance wroiig could result iii unaffordable losses or a reduction in passenger numbers. This enables Gostart to continue providing transport for patients attending hospitsl appoinlmcnts. Gostart provides sen'ices For p¢ople who do iiot Ineet the criteria set by hospital transport bodies such as the NEPT contactor for patient trai)sport. This incliides West Suffolk, Papworth, Addenbrookcs, Ipswich aiid Colclicst¢r liospitals. Gostart ¢ive5 no financial help from the NHS or any other funders to support theses essential seri'i¢¢s. Our larLy¢st singl¢ external funder is grant support from Suftolk County Council for Dial-a-Ride door-to-door services and our accessible MPVS as a sub¢ontra¢tor to Hadleigh Community Transport. Other funding support comes froin a number of sources.. * Babergh Distri¢t Council ]d Sudbury Town Council help with core costs. running costs aiid rates. * Parish Councils in Monks Eleigh, Bildeston. Brent Eleigh and Waldingfields as support for 112 route. * HMG through th¢ BSOG schcmc under which duty on bus fuel is refunded. * His Majesty's Government and SCC with SUPFK)rt for bus fares. W¢ also appreciate donations and small grants from.. * Local parish councils. * Gift Aid from HM Government. * Personal donalions from many local residents and passengers, families. We acknowledge with grateful thanks th¢ support and help provided by all Ihose listed above and donations from passengers and family members which on many occasions are "slipped quietl). to the driver li'ith far¢ money" Gostart would like to express sincere thanks to all donors and ¢ontributors. Without all s'our help and support we would not be able to continue op¢rating Gostart scryiccs for pcoplc living in tlic Sudbury. area. STRUCTURE, C.OVERNANCE AND LIqANAGEMEiYr GoTrerning document The charity is controlled by its governing do¢um¢nt, a d¢¢d of trust. &nd ¢onstitules a limited company, limited by guarantee. as defined by the Companies Act 2006. Recruitment and appointment of new trustees The appointment of n¢w trustces arc ratified al the Annual General Meeling, when necessary. Page 4
GOSTART COMMUNITY TRALYSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 STRUCTURE, GOVERNANCE AND LWAGEMENT ORC.Af4IsATIONAL STRUCTURE Structure and Metnbersbip Gostart is an independent voluntary body which has a local membership tnade up of individuals and other nol-for-profit bodies and organisalions. Current individual membership stands at 694 members and 85 local voluntary groups. Location and Property Gostart operates from Unit 6 in South Suffolk Business Centre, Sudbury where 'e have an office and outdoor parking for our five vcl)icles. The office and parking area are all rented from Bab¢rgh District Council via their managing agents, NWES. Gostart People Wc have thrcc part-time members of staff. Julie and Debbie provid¢ ¢ff¢cliv¢ manag¢ment of the office including bookings, vehicle allocalion and all the general day-to-day office administration. Adam, our maintcnancc maii, has been with Gostart for just over folir years . There are presently livo trustces and we are currently looking for new, trustees to strengthen our team. All our 19 drivers are volunteers: we also have a couple of volunteers who travel as passenger assistants. It is with heaTry hearts that the Board of Trustees bas to report the sudden, unfortunate dea¢h of the ChArity's foullder, John Phillips, on 15th April 2024. John was the public face and engine of Gostsrt for 13 years, from when he founded the Charity until bis untimely death. John work¢d tirelessly for the Charity and was well known and respected locally, ¢ounÈy-wid¢ and even nationally, as an active member in the Community transport world. His Inany other interests aiid voluntary service activities had to accotnmodate his Gostart roles, which included driving one of our vehicles. John was oil duty ui)til the eiid. Thc Trustc¢s rccognise that JOI w'ill be a tough act to follow bul a¢c¢pl that ongoing cominilment to community transport in Sudbury and rhe surrounding villages is an essential tribute to him and all his ¢florts. Going forwards. the Trustees will address sustainability without the found¢r, supported by all staff and volunteers, and with input from partners such as the Community Transport Association and Community Action Suffolk. Vehicles We ¢urr¢ntly own five vehiclcs, all adapted for use by our members/passengers. All are in good working ordcr though sliowiiig signs of 'wear and tear" through continual daily use. We haN'e a gjood working relationship with a garage in Sudbury which provides a regular programtne of inspection and service under an agre¢tncnt wliich meets the standards required by the Drr for vehicles carying passeiigers. All current vehicles are diesel powered, we are v¢ry aware of the need for replaccments in near future. During this ycar, Gostart completed acquisition of the funding required to purchase our first electric pow¢red minibus. We have selected the supplier, agreed the specification, placed thc order and anticipale delivery early in the eThsuing fsnancial year. Page 5
GOSTART COMMUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT RISK MANAGEMF.NT The trustees recognise and understand their duty to recognise and tninimise any risks to which the charity is exposed. The trustees have lo ensure thal appropriate supervision and controls are put in pla¢¢ in order to provide reasonable assuran¢e against fraud or any actions which may cause datnage to the charity. We had previously identified four primary risks for Community. Transport. Here are some of the risks faced by all Community Transport operators and how we mitigate them. Requirement for S19 3ind S22 Permits We ciirrently have fiv¢ operating pem]its issued by Dft under section 19 and section 22 of the 1985 Road Traffic Acl. All perniits are ciirrent with validity dates between 2026 and 2027. The%e pernlits cnable and allow us to operate s¢rvices such as door-to-door Dial-a-Ride, MPV services largely foT patieiit transport to hospltal, and one route registered with Traffic Commissioners. Training of volunteers Gosiart arrang¢s and funds traiTriThg for all volunteers. We use the MIDAS system for training drivers and first aid training provided by a first respcjnder. Provision of training is an essential common-sense r¢quir¢m¢nt but it is a significant recurriiig annual cost. Driving licences and drivers, medieals When drivers reach their 70th birthday they havc to undcrgo a medical before they apply for an updaled liccnce which iiicludes the "D" category. Gostart pays th¢ medi1 fees for driv¢rs' m¢dicals since it has been seen as unfair to expect volunteers to fund this themselves. GDPR regulations W¢ contiiiu¢ to do our best to maintain safe and s¢cure records in compliance with th¢ GDPR regulations. Transport to GP'S and hospital appointments Gostart aims to fulfil all thc requcsts and bookings made by local people for transport particularly where medical appointmeiits are concerned. This often means providing seTrice where elderly and disabled passengers are denied access lo NEPTSlhealth service transport. SAFEGUARDING The iiature of activilies and services provided by Gostart mean that all our drivers are in daily contact with members of the publi¢ who may be al risk. Gostart is involved with a wide age range of passengers including young ¢l)ildren and people well past retirement age. Amongst these passengers there are people with eyesigjit problems, hearing problems, mobili15' problems and an increasing number sufferiiig from various forms ofdementia. All Gostart volunteers have a current enhanced DBS document Th'hich has b¢¢n registered on the DBS accessible document sile and is Lhe¢ked at regular intervals of no more than 2 years. POLICIES AND PROCEDURES To support risk management Gostart has developed and operates policies and operational procedures to ensure that services provided are fit for purpose and saf¢ lo uqe. As at the lime this do¢um¢nt was produced Gosiart had in place Ihc policies and procedures detailed iii the folloiving schedule.. Safety Issues: Protection and safeg7uarding. Accident and incident reporting. Lone Working Procedure. Us¢ of ele¢tronic d¢vi¢¢s in v¢hicles. Passenger loadiiig in vehicles. GDPR Regulations. Page 6
GOSTART COMMUNITY TtL4NSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 JANUARY 2024 STRUCTURE, GOVERNANCE AND MANAGELIIENT G¢n¢ral purpos¢:_ RecruitmetLt procedures. Purchasing and procurement. Equal Opportuniti¢s. Safe fuelling policy and procedures. Hospital parking arrangements. Financial Issues'.- Volunteer expenses. Money handling and record keeping. The trustees confim) that they have referred to the guidance contained in the Charity Commission's general guidancc on public benefit when reviewing the charity's aims and objectives and in planning fulure activities. This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 r¢lating lo small coinpani¢s. Approved by order of th¢ board of trust¢¢s on . and signed on its behalf by= D Martin - Trustee Page 7
INDF.PENDF.NT F.XAMITrIER'S REPORT TO THE TRUSTEES OF GOSTART COMlItUNITY T114Tr4SPORT LTD (REGISTERED IYUMBER: 07489822) Independent examiner's report to the trustees of GOSTART Community Transport Ltd ('the Company,) report to the charity trustees on my examination of the ac¢ounts of the Company for the year ended 31 January 2024. Responsibililies and basis of report As the charity's trustees of the Company {and also ils directors for the purposes of cornpany law) you are respoiisible tor the preparation of the accounts in accordan¢¢ with the requirements of the Companies Act 2006 ('the 2006 Act,). J4aving satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in resp¢ct of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out tny exatnination I havc followed the Directions given by the Charity Conunission under Section 145(5) (b) of th¢ 2011 Act. Independent examiner's ststement I have completed my examination. l Lonfirm that no matt¢rs hav¢ ¢ome to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of ihe Company as required by Section 386 of the 2006 Act: or the ac¢ounts do not accord with those records; or the accoui)ts do not comply with the accounting requirements of Section 396 of the 2006 A¢t oth¢r than any requirement that the acwunts give a true and fair view which is not a matt¢r ¢onsidered as part of an iiidcpciid¢nt eXnInatIOn. or the accounts have not been prepared in accordan¢e with the methods and principles of the Statement of Recommended Pra¢lir¢ for accounting and rcporting by charitics {applicabl¢ to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th¢ UK and Republic of Ireland (FRS 102)). I have no concerns and have come across no oth¢r matterg in coiinection with the examiiiation to wliich attention should be drawtk in tliis report in order to enable a proper ui)derstanding of the accounts to be reached. Andrew Stopps FCCA ATT Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP Date= .................. Page 8
GOSTART COMMUNITY TRANSPORT LTD STATEMELYT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024 31.1.24 Total funds 31.1.23 Total funds Unrestricled Restricted fund funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 54,237 91,130 145,367 64,273 Investmeiit income 2,072 2,072 293 Total 56,309 91,130 147,439 64,566 EXPENDITURE ON Other 78,317 6,300 84,617 80,598 NF.T INCOME/{EXPENDITURE) Transfers behveen funds (22,008) 34,726 84.830 (34,726) 62,822 (16,032) Net movement in funds 12,718 50,104 62,822 (16,032) RECONCTLIATION OF FUNDS Total fuiids brought forward 44,152 38,927 83,079 99,111 TOTAL FUNDS CARRIED FORWARD 56,870 89,031 145,901 83,079 The ntste5 form part of th¢se financial statements Page 9
GOSTART COMMUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) BALANCE SHEET 31 JANUARY 2024 3l.1.24 Total funds 31.1.23 Total funds Unrestricted Restricted fund funds Notes FIXED ASSETS Tangible assets 24,035 24,035 32,045 CURRENT ASSETS Debtors Cash at bank and in hand 5.479 29,027 7,500 81,531 12,979 110,558 4,092 48,575 34,506 89,031 123,537 52,667 CREDITORS Amounts falling due within one y¢ar 10 (1,671) (1,671) {1,633) NET CUIUiENT ASSETS 32,835 89,031 121,866 51,034 TOTAL ASSETS LESS CURRENT LIABILITIES 56,870 89,031 145,901 83,079 NET ASSETS 56,870 89,031 145,901 83,079 FUNDS Unrestricted funds Restricted funds 56,870 89,031 44.152 38.927 TOTAL FUNDS 145,901 83,079 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024. The members have not rcquired the company lo obtain an audit of its fiiian¢ial statements for the year ended 31 j]uary 2024 iii accordance with Section 476 of the Companies Act 2006. The Iruslees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and {b) preparing financial statements whicli givc a true and fair view of the state of affairs of the charitable company as at tlie end of each finan¢ial year and of its surplus or dLficit for each financial year in accordance with the requirctncnts of Sections 394 and 395 and which Otherlse coinply with the requircments of the Companies Act 2006 r¢latin&y to financial statements. so far as applicable to the charitable company. Th¢ notes fonn pan of these fancial statements Page 10 tgntinued...
GOSTART COMMUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) BALANCE SHEET- continued 31 JANUARY 2024 These financial statements have been prepared in accordance with the provisions applicabl¢ to charitable companies subject to the small Companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf bj: D Martin - Trustee The notes fortn part of thes¢ financial stat¢ments Pagell
GOSTART COMMUNITY TRANSPORT LTD NOTES TO THE FINANCLiL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024 ACCOUNTING POLICIES Basis of preparing the financial statement5 Tlie financial 5tatLtnents of the charitable company, whi¢h is a public benefit entity under FRS 102, have been prepared in accordance with thc Charities SORP {FRS 102) 'Accounting and Reporting by Cliarilies.. Siatetnent of Recoii)mended Practice applicable to ¢harities preparing their accounts in accordance with the Finartcial Rcporting Standard applicable in the UK aiid Republic of Ireland {FRS 102) {effective l January 2019),. Financial Reporting Standard 102 'The Financial Reporting Standard applicable in th¢ IJK and Rcpublic of Ircland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. Income A51 income is recognised in tlic Statctnctkt of Financial Activities once the charity has entitlement to the funds. it is probable that the incom¢ will be received and the amount can be measured reliably. Expenditure Liabilities ar¢ recognised as expenditure as soon as there is a legal or constructiv¢ obligation cominitting the charity. to ihat expenditure, it is probable that a transfer of economic benefils ivill be required Én settl¢ment atkd the amount of the obligation can be measured reliably. Exp¢nditur¢ is accounted for on an a¢¢ruals basis and has been classified undLr headings that aggregate all cost related to the category. Where costs cannot be directl). attributed to particular headiiigs thcy hav¢ been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is Provided at the following annual rates in order to write off each asset ov¢r its estimated useful life. Fixture5 and fittiiigs Motor vehiel¢s Compulcr equipment 250/0 on reducing balance 25 % on reducing balance 330/0 on cost and 25 /0 on r¢ducing balan¢e Taxation The charity is exempi frotn corporation tax on its charitable activities. Fund accounting Unrestritited funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within ihe objects of the charity. Restrictions arise wh¢n sp¢¢ifi¢d by the donor or when funds are raised for particular restrict¢d purp)ses. Further explanation of the nature and purpose of each fund is included in the notes to lh¢ financial statetnents. Hire purchase And leasing commitments Rentals paid under operating leas¢s are charged to th¢ StateTll¢llt of Financial Activities on a straight line basis ov¢r Ilie period of tlie lease. Page 12 continued...
GOSTART COMMUNITY TRANSPORT LTD NOTES TO THE FIIYAL¥CIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JANUARY 2024 ACCOUNTING POLICIES - continued Finaneial instruments -I'he charity eiiters ii)to basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within the financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase and lease Contracts. INVESTMEIYT INCOLIIE 31.1.24 31.1.23 Interest received 2.072 293 NET INCOME/(EXTENDITURE) Net incotne/(expenditure) is stated after chargin¥(¢r¢diting)'. 31.1.24 31.1.23 Depreciation - owned assets Other operating leases 8,010 4,472 10,687 4,436 TRUSTEES. RETrTUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 January 2024 nor for the year ei)ded 31 January, 2023. Trustees, expenses A total of £676 (2023 - £19l) was r¢itnbursed to 2 trustees during the year for travel, tllotor, poslage and sundry expenses wholly incurred in connection with the charitable aclivities of the Company. STAFF COSTS The average monthly number of employees during the year was as follow5.. 31.1.24 31.1.23 Administration No employees received emoluments in exc¢ss of £60,000. Page 13 continued...
GOSTART COMMUNITY TIL4NSPORT LTD NOTES TO THE FINANCIAL STATELIIENTS - continued FOR THE YEAR EIYDED 31 JALYUARY 2024 COMPAIUTIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMELNTS FROLVI Donations and legacies 58,682 5,591 64,273 Investment income 293 293 Total 58,975 5,591 64,566 EXPENDITURE ON Oih¢r 68,717 11,881 80,598 NET INCOMEI(EXPENDITURE) (9.742) {6,290) (16,032) RECONCILIATION OF FUNDS Total funds brougl)I fonvard 53,894 45,217 99.111 TOTAL FUNDS CARRIED FORWARD 44,152 38.927 83,079 FEES FOR THE EXAMINATION OF THE Accouwrs 31.1.24 Independent examiners fees Othcr finai)cial services- payroll 1,062 658 1,038 543 1,720 1.581 Page 14 continued...
GOSTART COMMUNITY TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ELYDED 31 JANUARY 2024 TANGIBLE FIXED ASSETS Fixtures and rittings Plant aiid equipment Motor vehicles Computer equipment Totals COST At l F¢bruary 2023 and 31 January 2024 1,548 1.661 271,973 3,098 278,280 DEPRECIATION At l Februarv 2023 Charge for year 1,326 56 1,105 137 240,706 7,817 3,098 246,235 8,010 At 31 January 2024 1.382 1,242 248,523 3,098 254,245 NET BOOK VALUE At 31 January 2024 166 419 23,450 24,035 At 31 January 2023 222 556 31,267 32,045 DEBTORS: AMOUNTS FALLTNG DUE WITHIN ONE YEAR 31.1.24 31.1.23 Trade debtors Other debtors Prepayments and accrued income 2,550 1,728 8,701 2,185 674 1,233 12,979 4,092 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1.24 31.1.23 Trade creditors Social security and other taxes Accrued expenses 421 90 1,160 513 82 1,038 1,671 1,633 Page 15 coniinued...
GOSTART COMMUNITY TRANSPORT LTD NOTES TO THE FtNANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JANUARY 2024 I I. MOVEMENr tN FUNDS Net movement in funds Transfers b¢tw¢en funds At 31.1.24 At 1.2.23 Unrestricted funds General fund 44,152 {22,008) 34,726 56,870 Restricted funds Rout¢d s¢rvi¢¢ Sitnpson Fund Route 112 Electric Vehicles 34,704 2,091 2,132 (34,704) (&to) (530) 86,000 1,451 1.580 86,000 (22) 38,927 84,830 {34,726) 89,031 TOTAL FUNDS 83,079 62.822 145,901 Net mov¢m¢nt in funds. included in the above are as follows- Incoming resources Resources expended MoverneFkt in funds UDrestrtcted funds General fund 56,309 (78,317) (22.008) Restricted funds Simpson Fund Route 112 Electric Vehicles 484 4,646 86,000 (1,124) (5,176) (6401 (530) 86,000 91,130 (6,300) 84,830 TOTAL FUNDS 147,439 {84,617) 62,822 Page 16 continued...
GOSTART COMLIIUNITY TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS - ¢ontinued FOR THE YEAR ENDED JI JANUARY 2024 I I. MOVEMETr4T IN FUNDS- continued Comparatives for movement in fund$ Net movernent in funds At 31.1.23 At 1.2.22 Unrestricted funds General fund 53,894 (9,742) 44,152 Restricted funds Routed service Simpson Fund Route 112 39,687 3,201 2,329 (4,983) (1,110) {197) 34,704 2,091 2,132 45,217 (6,290) 38,927 TOTAL FUNDS 99,111 (16,032) 83,079 Comparative net movement in funds. included in the above are as follows.. Incoming resoiirces Resources expcnded Movement in funds Unreslricted funds General fund 58,975 (68,717) (9,742) Restricted funds Routed service Simpson Fund Route 112 (4,983) (1.880) (5,018) (4,983) (1,110) (197) 770 4,821 5,591 (11,881) (6,290) TOTAL FUNDS 64,566 (80,598) (16,032) Page 17 continued...
GOSTART COMMUNITY TRANSPORT LTD NOTES TO THE FINANCL4L STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024 11. MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months c4)mbined position is as follows.. Net movement in funds Transfers between funds At 31.1.24 At 1.2.22 Unrestricted funds Gen¢ral fund 53,894 (31,750) 34,726 56,870 Re5tri¢ted funds Routed service Simps011 Fund Route 112 Electric Vehicles 39,687 3,201 2,329 {4,983) (1,750) (727) 86,000 (34,704) 1.451 1,580 86,000 (22) 45,217 78,540 {34.726) 89,031 TOTAL FUNDS 99,111 46,790 145,901 A current year 12 months and prior year 12 months cotnbined net movement in funds, included in the abov¢ are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 115,284 (147,034) (31,750) Restricted funds Routed service Siinpsoii Fund Route 112 Electric Vehicles (4,983) (3,004) (10,194) (4,983) (1,750) {727) 86,000 1,254 9,467 86,000 96,721 (18.181) 78,540 TOTAL FUNDS 212,005 (165,215) 46,790 Page 18 continued...
GOSTART COMMUNITY TIL4NSPORT LTD Tr40TES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2024 12. RELATED PARTY DISCLOSURES There were no related party transacfions for the year ended 31 January 2024. Page 19
GOST ART COMMUTrIITY TRANSPORT LTD DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JANUARY 2024 31.1.24 31.l.23 INCOME AND ENDOWMKNTS Donations and legacies Sales Donations Grants Employment allowance 35,506 2,328 106,961 572 32,643 2,835 28,433 362 145,367 64,273 Investment ineome Interest r¢Leiv¢d 2,072 293 Total incoming resources 147,439 64,566 EXPENDITURE Support costs Management Wages Rent aTkd rates Electricity InsuranLe Repairs and renewals T¢l¢phon¢ Postage and stationery Advertising Suiidrics Travel and subsist¢n¢e Motor expenses and fuel Accountancy Professional fees Training costs 28,252 4,472 488 8,481 344 1,038 1,141 316 394 1,093 28,226 1,721 441 25.843 4,436 320 8,941 525 984 1,239 855 632 670 23,118 1.581 319 224 76,407 69,687 Finance Bank charges Depreciation of tangible fixed assets 200 8,010 224 10.687 8,210 10,911 Total resources expended 84,617 80,598 Net IDcomel(expeDditure) 62,822 (16.032) This page does not fom part of the statutory financial statements Page 20
START Community Transport PERFORMANCE DATA FEBRUARY 2023 TO JANUARY 2024 SERVICE Number of passenger journeys Mileage Dial a ride 6061 16864 MPV 575 9975 Group Hire 1028 3371 Exp Horizons 82 368 Educatlon 741 Gateway Club 832 1750 Scheduled Bus Route 1600 5287 TOTALS 10662 38356 Volunteer hours recorded for the year We 4299 Gostart Annual Report 2023-24