## 



## 



## 

## 



## 

## 

## 

## 



## 

## 

||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||fund|funds|funds|funds|
|||||Notes|||||
|INCOME|AND ENDOWMENTS FROM||||||||
|Donations|and legacies||||42,769||42,769|31,756|
|Charitable|activities||||||||
|Charitable|provision|of|transport||57,045||57,045|42,193|
|Other trading activities|||||36,897||36,897|36,697|
|Total|||||136,711||136,711|110,646|
|EXPENDITURE ON|||||||||
|Raising funds|||||8,776||8,776|14,521|
|Charitable|activities||||||||
|Charitable|provision|oftransport|||137,774|2,070|139,844|69,578|
|Other|||||||||
|Total|||||146,550|2,070|148,620|84,099|
|NET INCOME/(EXPENDITURE)|||||(9,839)|(2,070)|(11,909)|26,547|
|RECONCILIATION|||OF FUNDS||||||
|Total funds brought||forward|||165,496|7,245|172,741|146,194|
|TOTAL FUNDS CARRIED FORWARD|||||155,657|5,175|160,832|172,741|





## 

## 

||||||2023|2022|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||fund|funds|funds|funds|
||Notes||||||
|FIXEDASSETS|||||||
|Tangible assets|||106,285|5,175|111,460|42,850|
|CURRENT ASSETS|||||||
|Debtors|||3,948||3,948|1,785|
|Prepayments<br>and accrued income|||6,870||6,870|4,811|
|Cash at bank and in hand|||94,998||94,998|126,064|
||||105,816||105,816|132,660|
|CREDITORS|||||||
|Amounts<br>falling due within one year|||(15,714)||(15,714)|(2,269)|
|NET CURRENT ASSETS|||90,102||90,102|130,391|
|TOTAL ASSETSLESSCURRENT|||||||
|LIABILITIES|||196,387|5,175|201,562|173,241|
|CREDITORS|||||||
|Amounts<br>falling due after more than one year||10|(40,730)||(40,730)|(500)|
|NET ASSETS|||155,657|5,175|160,832|172,741|
|FUNDS||13|||||
|Unrestricted<br>funds|||||155,657|165,496|
|Restricted funds|||||5,175|7,245|
|TOTAL FUNDS|||||160,832|172,741|





## 

## 



## 

## 

## 

## 



## 

|2.|OTHER TRADING ACTIVITIES|OTHER TRADING ACTIVITIES||||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
||Shop income|||||36,897|36,697|
|3.|NET INCOME/(EXPENDITURE)|||||||
||Net income/(expenditure)|is stated after charging/(crediting):||||||
|||||||2023|2022|
||Depreciation - owned assets|||||19,831|8,334|
||Surplus<br>on disposal offixed assets|||||(2,000)||
|4.|TRUSTEES' REMUNERATION||AND|BENEFITS||||
||Trustees'<br>expenses|||||||
||Trustees travel expenses|ofK1,157(2022:||X,l1) were reimbursed|to them during the|year ended 31 March 2023.||
||STAFF COSTS|||||||
||The average monthly<br>number ofemployees|||during the year was|as follows:|||
|||||||2023|2022|
||Part-time<br>fleet manager|||||1||
||Part time bus drivers|||||2||
||Part time bus maintenance|||||1||
||Part time office manager|||||1||
||Part time IT support|||||1||
||No employees<br>received emoluments||in excess of/60,000.|||||
||COMPARATIVES FOR THK STATEMENT OF FINANCIAL ACTIVITIES|||||||
||||||Unrestricted|Restricted|Total|
||||||fund|funds|funds|
||INCOME AND ENDOWMENTS||FROM|||||
||Donations<br>and legacies||||31,756||31,756|
||Charitable<br>activities|||||||
||Charitable<br>provision oftransport||||42,193||42,193|
||Other trading activities||||36,697||36,697|
||Total||||110,646||110,646|
||EXPENDITURE ON|||||||
||Raising funds||||14,521||14,521|





## 

## 

|6.|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|-continued||
|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|
|||||fund|funds|funds|
||Charitable<br>activities||||||
||Charitable<br>provision|of|transport|67,508|2,070|69,578|
||Other||||||
||Total|||82,029|2,070|84,099|
||NET INCOME/(EXPENDITURE)|||28,617|(2,070)|26,547|
||RECONCILIATION||OF FUNDS||||
||Total funds brought|forward||136,879|9,315|146,194|
||TOTAL FUNDS CARRIED FORWARD|||165,496|7,245|172,741|
|7.|TANGIBLE FIXEDASSETS||||||
||||Fixtures||||
||||and|Motor|Computer||
||||fittings|vehicles|equipment|Totals|
||COST||||||
||At 1 April 2022||1,800|164,194|2,320|168,314|
||Additions|||88,441||88,441|
||Disposals|||(17,412)||(17,412)|
||At 31March 2023||1,800|235,223|2,320|239,343|
||DEPRECIATION||||||
||At 1 April 2022<br>Charge for year||1,800|121,464<br>19,711|2,200<br>120|125,464<br>19,831|
||Eliminated<br>on disposal|||(17,412)||(17,412)|
||At 31 March 2023||1,800|123,763|2,320|127,883|
||NKT BOOK VALUE||||||
||At 31March 2023|||111,460||111,460|
||At 31 March 2022|||42,730|120|42,850|





## 

## 

|8.|DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||2023|2022|
||Other debtors||80|
||VAT|3,948|1,705|
|||3,948|1,785|
|9.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||
|||2023|2022|
||Other loans (see note 11)|500|500|
||Hire purchase (see note 12)|11,886||
||Social security and other taxes<br>Other creditors|1,241<br>462|169|
||Accrued expenses|1,625|1,600|
|||15,714|2,269|



||Included<br>within other creditors are credit card balances totalling f462 (2022:f169).|||
|---|---|---|---|
|10.|CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR|||
|||2023|2022|
||Other loans (see note 11)||500|
||Hire purchase (see note 12)|40,730||
|||40,730|500|
||Other loans consisted ofinterest Iree loans Irom local Parish Councils.|||
|11.|LOANS|||



|LOANS|||
|---|---|---|
|An analysis ofthe maturity of loans is given below:|||
||2023|2022|
|Amounts<br>falling due within one year on demand:<br>Other loans|500|500|
|Amounts<br>falling between one and two years:|||
|Other loans - 1-2 years||500|





## 

## 

||||||2023|2022|
|---|---|---|---|---|---|---|
||Net obligations|repayable:|||||
||Within one year||||11,886||
||Between one and five years||||40,730||
||||||52,616||
|13.|MOVEMENT IN FUNDS||||||
||||||Net||
||||||movement||
|||||At 1.4.22|in funds|At 31.3.23|
||Unrestricted|funds|||||
||General fund|||165,496|(9,839)|155,657|
||Restricted<br>funds||||||
||Isle ofWight|Foundation||7,245|(2,070)|5,175|
||TOTAL FUNDS|||172,741|(11,909)|160,832|
||Net movement|in funds, included|in the above are as follows:||||
|||||Incoming|Resources|Movement|
|||||resources|expended|in funds|
||Unrestricted|funds|||||
||General fund|||136,711|(146,550)|(9,839)|
||Restricted<br>funds||||||
||Isle ofWight|Foundation|||(2,070)|(2,070)|
||TOTAL FUNDS|||136,711|(148,620)|(11,909)|





## 

## 

## 

|||||Net||
|---|---|---|---|---|---|
|||||movement||
||||At 1.4.21|in funds|At 31.3.22|
|Unrestricted|funds|||||
|General fund|||136,879|28,617|165,496|
|Restricted<br>funds||||||
|Isle ofWight|Foundation||9,315|(2,070)|7,245|
|TOTAL FUNDS|||146,194|26,547|172,741|
|Comparative|net movement|in funds, included|in the above are as follows:|||
||||Incoming|Resources|Movement|
||||resources|expended|in funds|
|Unrestricted|funds|||||
|General fund|||110,646|(82,029)|28,617|
|Restricted<br>funds||||||
|Isle ofWight|Foundation|||(2,070)|(2,070)|
|TOTAL FUNDS|||110,646|(84,099)|26,547|
|A current year 12months||and prior year 12months combined position is as follows:||||
|||||Net||
|||||movement||
||||At 1.4.21|in funds|At 31.3.23|
|Unrestricted|funds|||||
|General fund|||136,879|18,778|155,657|
|Restricted<br>funds||||||
|Isle ofWight|Foundation||9,315|(4,140)|5,175|
|TOTAL FUNDS|||146,194|14,638|160,832|





## 

|||Incoming|Resources|Movement|
|---|---|---|---|---|
|||resources|expended|in funds|
|Unrestricted|funds||||
|General fund||247,357|(228,579)|18,778|
|Restricted<br>funds|||||
|Isle ofWight|Foundation||(4,140)|(4,140)|
|TOTAL FUNDS||247,357|(232,719)|14,638|



## 



## 

## 

||||2023|2022|
|---|---|---|---|---|
|INCOME AND ENDOWMENTS|||||
|Donations<br>and|legacies||||
|Grants|||29,517|19,590|
|Donations|||13,252|12,166|
||||42,769|31,756|
|Other trading|activities||||
|Shop income|||36,897|36,697|
|Charitable<br>activities|||||
|Concessionary|fares||52,287|38,245|
|Voluntary<br>fares|||4,758|3,948|
||||57,045|42,193|
|Total incoming|resources||136,711|110,646|
|EXPENDITURE|||||
|Other trading|activities||||
|Rent, utilities<br>and insurance|||1,765|1,946|
|Repairs and sundries|||1,126|6,484|
|Donations<br>from shop income|||5,885|6,091|
||||8,776|14,521|
|Charitable<br>activities|||||
|Wages|||42,160|11,620|
|Advertising|||1,531|2,303|
|Sundries|||540|325|
|Motor running|expenses||35,253|24,373|
|Insurance|||8,075|8,235|
|Timetable<br>holders||||19|
|Training||||2,412|
|Depreciation ofmotor vehicles|||19,711|8,215|
|Profit on the sale oftangible||fixed assets|(2,000)||
|Hire purchase|||1,161||
||||106,431|57,502|
|Support costs|||||
|Finance|||||
|Bank charges|||494|543|





## 

## 

||||2023|2022|
|---|---|---|---|---|
|Finance|||||
|Other|||||
|Telephone<br>Postage and|stationery||1,151<br>3,118|678<br>1,490|
|Sundries|||4,470|1,127|
|Repairs and renewals<br>Travel and meetings|||434<br>1,157|461<br>ll|
|Rent|||3,295|3,486|
|Accountancy|||1,450|1,425|
|Book-keeping,<br>payroll and <br>Professional<br>fees||VAT|1,612<br>16,112|1,272<br>1,463|
|Depreciation|ofcomputer|equipment|120|120|
||||32,919|11,533|
|Total resources expended|||148,620|84,099|
|Net (expenditure)/income|||(11,909)|26,547|