##
##
##
##
##
##
##
##
##
##
##
##
|||||||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||
##
|7.|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|
##
##
|Net movement|in funds, included|in funds, included|in funds, included|in the above|are as follows:|||
|---|---|---|---|---|---|---|---|
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General
fund|||||125,647|(84,083)|41,564|
|Restricted
funds||||||||
|Isle ofWight|Foundation|||||(1,035)|(1,035)|
|TOTAL FUNDS|||||125,647|~85,118)|40,529|
|Comparatives|for movement||in|funds||||
|||||||Net||
|||||||movement||
||||||At 1.4.19|in funds|At 31.3.20|
|Unrestricted|funds|||||||
|General fund|||||113,222|(17,907)|95,315|
|Restricted
funds||||||||
|Isle ofWight|Foundation||||10,350||10,350|
|TOTAL FUNDS|||||123,572|~17,907)|105,665|
|Comparative|net movement|in|funds, included||in the above are as follows:|||
||||||Incoming|Resources|Movement|
||||||resources|expended|in funds|
|Unrestricted|funds|||||||
|General fund|||||70,269|(88,176)|(17,907)|
|TOTAL FUNDS|||||70,269|(88,176)|(17,907)|
##
##
||||Net||
|---|---|---|---|---|
||||movement||
|||At 1.4.19|in funds|At 31.3.21|
|Unrestricted|funds||||
|General fund||113,222|23,657|136,879|
|Restricted
funds|||||
|Isle ofWight|Foundation|10,350|(1,035)|9,315|
|TOTAL FUNDS||123 572|22,622|146,194|
|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||195,916|(172,259)|23,657|
|Restricted
funds|||||
|Isle ofWight|Foundation||(1,035)|(1,035)|
|TOTAL FUNDS||195,916|(173,294)|22,622|
##
##
||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|
##
|||||2021|2020|
|---|---|---|---|---|---|
|Support costs||||||
|Finance||||||
|Bank charges||||534|609|
|Other||||||
|Telephone||||610|910|
|Postage and stationery||||2,190|2,445|
|Sundries||||1,622|825|
|Repairs and renewals||||164||
|Travel and meetings||||89|115|
|Rent||||3,917|3,242|
|Accountancy||||1,425|1,400|
|Book-keeping,|payroll|and|VAT|1,597|2,051|
|Professional
fees||||26,960||
|Depreciation|ofcomputer||equipment|193|193|
|||||38,767|11,181|
|Total resources|expended|||85,118|88,176|
|Net income/(expenditure)||||40,529|~17,907)|