2021-03-31-accounts - Wight Community Access Ltd

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						2021	2020
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes
INCOME AND ENDOWMENTS		FROM
Donations and legacies				81,494		81,494	17,186
Charitable activities
Charitable provision oftransport				28,773		28,773	27,652
Other trading activities				15,380		15,380	25,431
Total				125,647		125,647	70,269
EXPENDITURE ON
Raising funds				5,892		5,892	7,659
Charitable activities
Charitable provision oftransport				78,191	1,035	79,226	80,517
Total				84,083	1,035	85,118	88,176
NET INCOME/(EXPENDITURE)				41,564	(1,035)	40,529	(17,907)
RECONCILIATION	OF FUNDS
Total funds brought	forward			95,315	10,350	105,665	123,572
TOTAL FUNDS CARRIED FORWARD				136,879	9315	146,194	105,665

				2021	2020
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes
FIXEDASSETS
Tangible assets		41,869	9,315	51,184	14,858
CURRENT ASSETS
Debtors		6,930		6,930	1,005
Prepayments and accrued income		4,811		4,811	4,464
Cash at bank and in hand		86,394		86,394	89,657
		98,135		98,135	95,126
CREDITORS
Amounts falling due within one year	10	(2,625)		(2,625)	(3,319)
NET CURRENT ASSETS		95,510		95,510	91,807
TOTAL ASSETSLESSCURRENT
LIABILITIES		137,379	9,315	146,694	106,665
CREDITORS
Amounts falling due after more than one year	1 1	(500)		(500)	(1,000)
NET ASSETS		136,879	9,315	146,194	105,665
FUNDS	13
Unrestricted funds				136,879	95,315
Restricted funds				9,315	10,350
TOTAL FUNDS				146,194	105,665

2.	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES	OTHER TRADING ACTIVITIES
				2021	2020
	Shop income			15,380	25,431
3.	RAISING FUNDS
	Raising donations	and	legacies
				2021	2020
	Support costs				10
4.	NET INCOME/(EXPENDITURE)
	Net income/(expenditure)		is stated aAer charging/(crediting):
				2021	2020
	Depreciation - owned assets			8,409	20,140
	Surplus on disposal	of	fixed assets	~2,000)

		2021	2020
Part-time	fleet manager	1	1
Part time	bus drivers	2

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestricted	Restricted	Total
		fund	funds	funds
INCOME AND ENDOWMENTS	FROM
Donations and legacies		17,186		17,186
Charitable activities
Charitable provision oftransport		27,652		27,652
Other trading activities		23 431		25,431
Total		70,269		70,269
EXPENDITURE ON
Raising funds		7,659		7,659
Charitable activities
Charitable provision oftransport		80,517		80,517
Total		88,176		88,176
NET INCOME/(EXPENDITURE)		(17,907)		(17,907)
RECONCILIATION OF FUNDS
Total funds brought forward		113,222	10,350	123,572
TOTAL FUNDS CARRIED FORWARD		95,315	10,350	105,665

8.	TANGIBLE FIXEDASSETS
		Fixtures
		and	Motor	Computer
		fittings	vehicles	equipment	Totals
			f.
	COST
	At 1 April 2020	1,800	134,209	2,320	138,329
	Additions		44,735		44,735
	Disposals		~)4,750)		~14,750)
	At 31 March 2021	1,800	164,194	2,320	168,314
	DEPRECIATION
	At 1 April 2020	1,800	119,784	1,887	123,471
	Charge for year		8,215	194	8,409
	Eliminated on disposal		~14,750)		~14,750)
	At 31March 2021	1,800	113,249	2,081	117,130
	NET BOOK VALUE
	At 31 March 2021		50,945	239	51,184
	At 31 March 2020		14,425	433	14,858
9.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
				2021	2020
	VAT			6,930	1,005

	2021	2020
Other loans (see note 12) Social security and other taxes Other creditors Accrued expenses	500 535 1,590	500 24 995 1,800
	2,625	3,319

CREDITORS: AMOUN	T	S FALLING DUE AFTER MORE THAN ONE	YEAR
			2021	2020
Other loans (see note 12)			500	1,000
Other creditors consists of		interest free loans from local Parish Councils.
LOANS
An analysis ofthe maturity		ofloans is given below:
			2021	2020
Amounts falling due within		one year on demand:
Other loans			500	500
Amounts falling between	one and two years:
Other loans - 1-2years			500	1,000
MOVEMENT IN FUNDS
			Net
			movement
		At 1.4.20	in funds	At 31.3.21
Unrestricted funds
General fund		95,315	41,564	136,879
Restricted funds
Isle ofWight Foundation		10,350	(1,035)	9,315
TOTAL FUNDS		105,665	40,529	146,194

	2021	2020
INCOME AND ENDOWMENTS
Donations and legacies
Grants	71,978	9,402
Donations	9,516	7,784
	81,494	17,186
Other trading activities
Shop income	15,380	25,431
Charitable activities
Concessionary fares	26,791	15,268
Voluntary fares	1,982	12,384
	28,773	27,652
Total incoming resources	125,647	70,269
EXPENDITURE
Other trading activities
Rent, utilities and insurance	2,016	1,754
Repairs and sundries	731	3,456
Donations from shop income	3,145	2 414
	5,892	7,624
Charitable activities
Wages	6,609	11,240
Advertising	638	2,493
Sundries	75	1,776
Motor running expenses	17,279	25,011
Insurance	6,313	7,445
Timetable holders	2,796
Training		850
Depreciation ofmotor vehicles Profit on the sale oftangible fixed assets	8,215 ~2,000)	19,947
	39,925	68,762