REGISTERED COMPANY NUMBER.. 07825882 (England and Walesl REGISTERED CHARITY NUM8ER.. 1148810 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 FOR PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS Bevgn Buckland LLP Chartered Accountants 45 High Street Haverfordwest Pembrokeshire SA61 2BP
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER2023 Page Report of the Trustees Independent Exam5nerfs Report Statement of Financial Adyltles 10 ststOrn8nt of Flnanclal Po8ltion 11 Notes to the Financtal Statements 12 to 19 Datailed Statement of Flnan¢ial Activiti•s 20 to 21
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 The trustees who are also directors of th8 charity for the purpose5 of the Companies Act 2006. present their report with th8 fin8nGial statements of the charity for the year ended 31 December 2023. The Iru5tees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Pra¢li¢e applicable to charities ppariNg their accounts in accordan with the Flnancial Reporting St8ndard applie8ble In the UK and Republic of Ireland IFRS 1021 18ffective 1 January 20191. OBJECTIVES AND ACTIVITIES Objectives and aims PACTO'5 ch8ri1able objects a specifically restricted to the following.. ro promote charltable and voluntary org8nisations Involved ilt the provislon of commtsnity transport wlthin Pembrokeshire In particular not exclusively. by the provisTron of informatlon, tralnlngi advl¢e and supporL Community Transport ICTI 15 defined as 'Yree or low (x)st transport for person5 in need by reason of old age, youth, disability, poverty or for persons INing in geographically isolated are8$ with no, or limlled public transport.. Charities are organisations, which are est8blished for exduslvely charitable purposes in a¢cortJanc8 wSlh the laws of England and Wales. Voluntary organisations are independent organisations which a established for purposes that add value to th8 ¢omrnunity as a whole. or a significant section of the community. and which are not permitted by their constitution to mak8 8 profit for private di5tribLrtion. Voluntary organisations do not indude local gov8mment or other 5tstutory organisations. Public Benefft The trustees have had due regard to Charity Commission guidan on Public Ben&fil and this annual report ol PACTOs activities cleady dernonstrales that these objects are being fully met. We continue to provid8 a rang8 of services to charttabl8 and voluntary organi52tions involv8d in the provisron of comrnunity transport. Volunteer5 The aYerwJe number of volunteers involved règularty on PACTO busines5 17. Page 1
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEES FOR THEYEAR ENDED 31 DECEMBER 2023 ACHIEVEMENT AND PERFORMANCE Charitable aclivilies Whilst 5etviees a now largely back to 'normal', we ¢ontinu8 to see an impact on peopl8's confidence to travel. partscularfy amongst those who are elderly 8nd vulnerable. This provides both challen9es and opportunities for PACTO and Pembroke5hire's community tr8nsport operators. Take Me Too Project We started this project year haWaY through a yeadong marketing plan, 1dentfyng appropriate locations, venues, organisations and stakeholders to assist the relaunch of the Project, which was in June 2022. A new reotuitment drive began to build the driver database, which is key lo the success of the project, 5UPPOrt8d through Social M8dia, Press R818as8 and Outreach ses5iOllS. It became very dear that we wer8 Still suff8ring the legacy of the Pandemic and the cost of living crisis as ppIe changed their travelling habits We undertook 8 public survey which ran through June to 18th July resulting in 460 responses. Herg 8re sorne of the data result5'.- How often do you or other members ol your household hav9 dtwiculty gètting somewhere you want or n88d to go due lo lack of transport? Answer Chol 1. Never 2 Rar8ty18 few times 8 yearl 3 Sometimes (every monthl 4. Often (every weekl 5. Donl know Response Percent 29.1°A 37.1% Response Total 132 168 96 56 124% 0.2Y. The majority of people who responded don't have transport difficUe$, probably reflective of the wider populatio PpIe who often have difficuty wrth transport seem rnore likely to be older175+ or younger 18-341 During a typical month. which of the following fom15 of transport do you use? Please seled all that apply Answer Choicè 1. Personal or hou$8hold carlvanlrnotor cycle 2. Public Transport e.g bus or train 3. T8XI 4. Bicycle lincluding 8-bik81 5. Community Tn$KM)rt. e.g Dial-a-Ride, Country Car5, Pembrokeshire Voluntary Transport 6. Shared car Club 7. Infonnal lrfi sharing wth close family and friends 8. Fortnal lift share scheme e.g organlsed by a work-place ur other group Re5pons8 P8rcent Response Total 415 128 47 43 91.6Y. 28.3% 10.4% 3.5% 16 338% 153 1.8% The majority of responders have access to Person81 or household carlvanlmtstorcycle Approx. 34U/o engage in informal lrft sharing with friends or close family Only 1.8% engage in a formal lift sharing scheme 8.g. Ofganised by a work pla or other group whereas a lot mort used Public TrAnsport 28.3% What do you feel are tre main barri8rs to lift sharing with'Take Me Tool.? Please order these in terms ol their importance Answer Choice 1. Needing to p18n ahead to wu8sl or share a journey 2. 1 feel uneasy relying on someone else when i need to make an important joumey 3. Lack ol flexibility once you have arranged a lrft share 4.1 am worrled about the potential ¢ommitrnent 5. 1 wouldnl want to share with a stranger 6. Potenti81 effort need8d to sign up to the 5chernÈ 7. My vehicle Is not suitable 8. Technical i55ue5 using an applwèbsite 9. 1 donl feel there are any barri8r5 Is there anything else you feel may be a barrie Total Score 2108 Overall Rank 2092 2010 1973 1780 1395 1309 1296 707 80 Over 80 wmments were made by responder5 at18a5t 20 ofwhieh lated to safety aspects H8ve incr8a5es in the'cost of LNing' changed your travel habits? Pleas8 select 811 that apply Page 2
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Answer Choice 1 1 am rn0 likely to combine joumeys into one trip than make 58v8ral over the week Ilor example shopping and an appointment) 2 1 am more likely to consider lift Sharing with a friendlfamily memberlcolleague 3 1 am mole likely to consid8r lift sharing with a scheme like'Take Me Tool 4 1 rnake fewer unnecessary journeys S l am rn0 likety to Consider using public transport 6 1 have given up my vehiclelreduced the number of vehicles wthin the household 7 1 have tried to reduce fuel bills by driving in an efficient mannerlusing a more fuel efficient vehid 8 1 havenl made any changes Response Total Response Percent 56.5% 183 37.0% 120 21.9% 61 4Yo 17.0% 71 199 55 4.3% 14 29.6% 23.1% 96 75 75'k of people have made 50rne chang88 to theiF travel habits as 8 result of cost of liwng challenges. Combining journey5 and lewerjoumeys mean it is less likely that people would use TM2. Unfortunately, that is how the Tak8 Me Tool Proj8¢t came to a close at tho end of December 2023, wth the ernpha515 now on 8xploring Tak8 Me Too Wotkl workplace liftsharing and attending wents lift5h8ring as the focus under UKSPF funding. PIVOT (Pembrokeshlre Intsgrated Voluntary Oryanlsations Teaml Project- We have wntinued to manage the transport element of the PIVOT project. which 15 deliver by Royal Voluntary S8rvice IRVSI volunteer drivers. The PIVOT project airns to prevellt unnecessary admissions to hospital and to reduce the interyention required from slatLrtory agencies, by providing home-based Iow-18vel prev8ntion and reablernent support. Other partners in the prolect include Pernbrokeshire Association of Voluntary Servi¢es. 8ritish Red Cross and West Wales Care & Repair. PIVOT is funtjed by the Welsh Government R8gional Integration Fund IRIFI. A team uf around 20 RVS volunteers. working on a rota, provide tonsport and settling 8t hom8 for people with no other 5uitsble means of getting home. Tonsport is available 365 days & y84r. The m8inslream PIVOT transport service is op8fdted by volunteers using their own cars. We also secur8d further RIF funding lo provide a dedIted wheelchair actessib18 seNice as part of the PIVOT scheme, allowing us to accept journeys for patients who are wheelchair user5 or who find it Ilifficult to transfer intolout of an ordinary car. We eontinue£l to run this WAV ser u51n9 a team of dedicated RVS drivers and use of P8mbrokeshire Voluntary Tran5POrt's Wheelchair Acc8ssible Cars. PACTO a551Sted with the coordination of the WAV service from November to March 2024. Overall. PIVOT provided 567 standard car joumeys anij 54 wheelchair accessible car joumeys during 2023 (This mpared with 423 ioumeys and 32 wheelchair accessible carjourll8ys in 20221. Unpaid Carers Support We were fortunate to obtain funding, during this project year, through Pembrokeshire County Councll to provide enhanced transport opporiunities for Unpaid C8rers. We joined with the Royal Voluntary Service (Pernbrokeshirel to enhance their Country Cars Service. The fundino provided the following enhancements to the Pembr0k85h5 Country Cars scheme.. Unpaid Carers will be ab18 to access a second journey per week. (Country Cars is usually limiterl to one joumey per weekl. Addition81 joumey5 rnay a150 b8 approved in 8xceplional circvrnstan¢e5, at the Scheme Coordinatorfs discretlon. N.B. This is always subject to the availability of volunteer driv8rs. - Where unpaid Carers need to travel with the person that they Ca for on any Country Cars joumey, the c8rer will travel free of charge. (Where the Carer 15 not Iravellin9 With the person that they care for, normal fa wll apply). Running from July to December the service provided 40 car joumeys and will continue through 2024. Fflecsl Pembrokeshire We continued to support Transport for Wales, Pembrokeshife County Council and Pembrokeshire Voluntary Transport with the development and promotion of the Fflecsi Pembrokeshir8 service during 2023. This Included promotion of th8 service and supporting servic8 users and groups with bookings ov8r an expanded ar88 of operation, dug 10 Pembrok8shire County Council converting former fixed bus routes into Fflec5i 58rviees in the Milford, Dale Peninsular and South Pembrokeshire areas. Paotr 3
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Over the year, the Fflecsi servi¢9 as a whole in P8mbrokeshire carried 38,280 passengerjoumeys and was used by over 2500 individuals. The NW Pembrokeshire Zone, operated by pwr, provid8d 9,765 passenger journeys 112.757 including the children carried on the school run whi¢h forms part of th8 $8rvi¢xl this represents an increase of 13Yo on 2022. The Service 15 Used by a wide range ol passengers, including people travelling to work, visitors to the area, and children. In 2023, f8re-p8ying passengers continued to rn8k8 up over 50% 01 p85seng8rs on the Fflei service, in marked contrast to more traditional Community transport services, where nearty 311 passengers are concessionary bus pass holders. Tralnlng Routine Minibus Driver Awareness Scheme IMIDASI training activty continued throughout the year. In 2023, we delivered 241 driver assessrnents (compared with 168 in 20221. We also assisted Pembrokeshire County Council by providing Bus Saf8ty training tr> school pupils as part of the Crucial Crew programme for upper primary school pupils held in November 2023. Publl¢lty and Promolion We conbnued to play an importènt role in promoting and publiusing P8mbrokeshi'$ community tonsport 5etViGes ,during our Outreach Pro9fdfflme in 2023, attending in excess of 80 events and venues throughout the year. This was evidenced by th8 increase of service users ft>r all our CT Organsisation. Guidance and Supportfoi Communlty Transport Operators PACTO provided a range of speclC 5LJPPOrt to CT operators during 2023. RepsentatIOn During 2023, PACTO staff sat on Transport for Wales. Integrated Responsive Transport National Prograrnme Board land the Project Board for the Pembrokeshir8 IRT pilot), Pembrokeshire Greenways, the Regional Healthy Travel Charter Stakeholderlsteering Group. the Day Opportunitigs Forum and the Ke8p Well K88p Warm partnership Steering Group. PACTO presented a 'lightening talk" at the CTA Wales nferen In Aberyswh on 15103123. W8 a150 repr858nted the local Cornmunity Transport sector on m8ny third 88Ctor networks IOrdInated by Pernbrok8shire Association of Voluntary Services. Monitoring and Evaluation PACTO is proud to hold the Trusted Charity Quality Mark at Level 1, which was 8warded in September 2018. Staff Changes & New Projects in 2023 In November PACTO said gcKJdby& lo Debbie Johnson who had b8en our D8veloprnent Officer Since 2004. We wish her well lor the futu. We successfully recruited a new General Manager - Adrienne Poole who started in that roll on Ociober 2023 working alon9sid8 D8bbie for a srnooth handover. It was Debbies expertise that saw PACTO successfully biddin9 for and being awarded. in September, a significant three-yearfunding investment to transform community transport in Pembrokeshire by the Motability Foundation. Communlty Transport Transfomiatlc*n Prolect The objective5 of the Comtnunity Transport Transfomiation Projeci are as follows.. By end of Year 1. to h&ve a elearfy defin8d CT delivery model which detnonstrate5 bett8r coordination of the resources we have, to better meet the needs of our pSengerS. By end of the project, to support at least 500 passengers to access community transport seivices in Pernbrok8shire for the first time. To triple the number ol passengerjourneys by wheelchair accessible car over the wurse of three years. ' To increase the nurnber of passenger journeys on dial-a-ride Servi by 50% ovei the wurse of thr88 y88rs. To recruit 30 newwh8elchair accessible car volunteer5 by the end cf the projeci. To embed travel supportlconfidence building lor people wrth extra mobility needs wthin the PembrokeshSre Communlty Hub, supporting at least 300 people by end of the project. The funding will provide for 2 new wh8elchair acc8ssib18 C8r8. 3 second-haniS acc85sib18 cars, and 4 second-hand accesslble minlbuses. IA mixture of repl8ment vehicles and fl8et enhancern8nlsl During the first year ol the project, we wll be worklng with CT operators. passengers, partner and 5UPPOrt organi5ations and other stakeholders to review how community transport services are currently structured and deliV8d in Petnbrokeshire. and to identify opportunities for the future. The sewnd and third years of the project wll allow the implementation ol the changes which have been identified. Where 'quick wins. are identified in the first y88r of th8 proje¢l, we will be able to respond to those opportunitie5 rnore quickly. We have recruited the followng people.. Project Manager- Wyndharn Williams, Page 4
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORTOF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER2023 Accessible Car Coor(linalor Darnian Golden and Transport Connectors- Ruby Woods and Jo Hicks. We w8re also succ&ssful in being awarded asS to funds through the UK Shared Prosperity Fund IUKSPFI for our Foundation5 for Growth Proj&t. This project wlll develop the soclal and human capital to underpin a strong Community Transport sertor in Pembrokeshire re2dy to meet forthcoming challenge5, such as the ShaPIng of conventional public transport networks under financial pressure, and the transition towards a zero carbon future. W& wll develop a Transport Connector 5ervi¢e to support people to identify and 8uess the transport options that best meet their needs, support Comrnunity Transport operators to build the foundations to confidently and sustainably grow their Services, and further develop community lift-sharino options with a focus on as5iStino with travel to work, groups and evenl$. Working clos81y with the Pembrokeshire Comrnunity Hub team, Ihe Transport Connector wll work with individua15 who are having difficulty accessing etnployrnent. training. service5 activities or events. due to lack of transport or clue to barriers accessing transport due to rnobility issues caused by physical and s8nsory impairni&nls. mental health. leaming isabilitie5 or other difficulties. The Transport Connector 11 work wth beneficiaries to help them to identify and access 501ution5 for their transport needs. This will be responsive to th8 needs of the individual and might include.. providing infonnation and advic8 about public and community transport and active travel options.. helping to facilitate lift sharing., helping with the logistits of joumey planning.. liaising with transport operators, employers, activity organisers etc. around th8 individual's 8t5 n88ds to build a 501ution that will work lor them,. providing travel training 8nd support to build confidence to travel independently. The Transport Connector wll also work wth groups and organisalions that support people who experien transport barrigrs to provide information. advice and geneial travel training, in order to better support their users and increase the knowledge and skills of their 5t8ff and volunleers. The project will support Cornmunity Transport oper8tors 8cxos$ Pembrokeshire to be able io better respond lo emerging opportunities, needs and gaps in the transport network. and to plan for future Irall5ition to a low carbon fleet. This will include: A Community Transport Development Officer to support and arJvi5e Community Transport operators. community groups 8nd local cx)mmunities on issues such as opeffjtional management, fleet planning, znd the development and expansion of community Iran5POrt S8rvioes. This will add much needed capaCtY to the support PACTO can offer at time when the need for 8 strong community transport sector Is greater than ever due to the growing vulnerability of the rnainstream public tran5POrt netsvork. Training for staff and volunteers. IT Infrastructure to expand ac¢ess to booking 8nd s¢heduling systems. such as the Via Operations Centrè which underpins Fflecsi Servi$ (this would include driver equipfflent and li¢enslng fees). Vehide enhancem8nts to allow for these developrnents e.g. fitting of tick8t machine infrastrueture to Mmunity minibuses to enable them to op&rate regISted flexible bus Servi5. Running costs for extended services. This be in new areas or allow us to tri81 ways to fl8xibly iri¢2$e capacity In existing service area zones le.g. to rgspond to event5 by providing additional transport capacity). A feasibility study Into the opportunity ol working tO9ether with cornmunily energy organiSatn8 and projects on cornmunity-based transition to low carbon fleet. This will look at experien$ elsewhere in Wales and the UK as well as develop and foster links between Pembr0keshl'S CT and community energy seOr9. W8 will build on our wmrnunity lrft sharing project. Take Me Tool This project was funded by the National Lottery Community Fund to d8velop lift sharing lo support people in rural cornmunities wthout acee$5 to other tran5POrt options. The project comes lo an end in December 2023. SPF funding will enable us to develop the next phase of the project, building on lessons 18amed to date. In parCular, we have identified the opportunity to further explo and develop liftsharing for travel to wod( and travel to events and groups. We have been approached by local employers such as Bluestone and Hywel Dda He81th Board who have identified the opportunity for lift-5haring lo support their staff and organisalion. but who n88d support to develop a solution that will work for them. This element of the project will involve supporting employers. groups and event organisets to understand. develop and irnplem8nt appropriate liftsharing solutions fortheir organisation. using the tw15 and experience that we developed Ihrou9h Take Me Tool The project rnan8ger is Ady Pool8 and to deliver this proje¢t we have ¢rUit8d the follong.. Transport Connector- Alison Morgan DevelDpment Officer- Jemma Sinclair Littsharing Coordinator- Toni Dorkings Media & Marketing Officer- Tom Pritchard As our Tearn has grown we have found the need to establish our own Office pr8mises which are based at The 010 School Estate, Station Road, Narberth. Our landlords a PLANED. Page 5
PEM8ROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 FINANCIAL REVIEW Prln¢lpal fundbng sources The ¢haritYs main $our¢es of funding during 2023 were the National Lottery Community Fund, Pembrokeshire County Council, and the Welsh Government's Regional Int8grat8d Fund IRIF, via Pembrokeshire Associats"on of Voluntary Services). Total in¢oming sourceS w8r8 £333.67312022 £145,940). Resou$ expend8d during the y88r were £206.13712022 £183.7731 resulting in a surplus of £127.536120221(Sefititl of £37,8331. Restriclet5 fvnd5 amount to £231,58812022 £139.4911 and unr8stri(*ed to £78,71312022 £43,274) giving total reseNes as at 31 D9mb9r 2023 of £310,301 12022 £1,822.7651. Reserves policy A reserwes policy for the organisation has been fomially agreed, in line wth the recofflmended practice of the Charty Cornmission. In Current circumslan(xs, the Board recognises the need to build 8dequate reserves for th8 organisation alised through sound management of 8vailab18 r&%ources, making sensible provision for the future and lo cover any deficit in funds for activities for which futu funding may not be secured. Trustees are pro-acts.vely worklng to ensure that re5erwes are maintained at the required 18vel and monitor thi8 position on 8 r8gular basis. It is established that the gener81 r8S8rves take into account at least the months, overheads I running ¢osts,' provision against the risk of funding being ClaiMed by funder$'. sufficient funds to eover any deficit in $Our for restricted projects or for core activity which tn?y riot be funded in Ihe future,. 8nd SLrfficient working capital to finance ca5hflow shortfalls anticipated for any re5tricte(5 project or progfftmme. For 2022, the minimum required level of unrestri¢ted surplus reserve5 was £35,000. For 2023 the 18vel was increased to £80,000. The level of reserves 1$ reviewed annually by the Board. FUTURE PLANS Our PACTO priorities for 2024 are as follow5.. Our Mission.. To facilit8te innov8tive transport solutions for everyone across Pernbrok8shire. ' To work with our Cornmunity Transport operator5 to resolve transport Challenges. To promde an extensive pool of knowledge and resDurce5 for our partners across the transport sector. present and luture. To b8 UrageouS and bold in championing the Vol of all service users to f8lItzte s8Ctor-leading transport 501utions. ' To be recognised across Pembrok8shire 8nd b8yond as a household name in the Community Transport sector. To work with CT operators. passengers, partner and 5UPPOrt organisations and other stakeholders to VIeW how community transport 5erviGes ale Currently structured and de1iv8r8d in Pernbroke5hire, and to i15entify opportunities for the future Tts develop the social and human capital to underpin 8 strong Cornmunlty Transport sector in Pembrokeshire ready to meet forthcoming challenges. To develop and establish our Take Me Too Workl lfft-sharing scheme and dev81op 8 plan for th8 future of th8 project after funding through UKSPF end$ in December 2024. To continue to m8nage the transport element ol the PIVOT proj8Ct. extended to end August 2024. and to lead on the tender process to manage future provision of the Rapid Transport Servic8 in supwrt of Patient Discharge for Hyw81 Dda Health Board INHSI in P8rnbrok8shire from S8Pt8mber 1st 2024. To continue to deliver MIDAS Training and WAV Car Driv8r as5e5srnents to drfvers thIn the voluntsry and comrnunity sector. schoo15 and the local authorty. To seek and secure funding to str8ngth8n and develop communlty transport operation5 in Pembrok8shir8. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing do¢ument The charity is wntrolled by ils governing document. a d8ed of trust, and constitutes a limited wmpany, limited by gu8fdntee, 85 defined by the Companies Ad 2006. Recruitment and appointment of new truslees In line with our Memorandurn and Artides of Association. our members in 2023 were Pembroke5hire Voluntary Transport, Pr8S81i Rurydl Transport Assoc4ation, Manorbier Cornmunity Transport, Narberth and District Community and Sports Associalion (who run the Bloofflfield 8u51, Royal Voluntary Service Iwho run Pembrokeshire Country Cars) and Volunteering Matters. Each organisatron is enlitled to have one representative on the Board of Trustees, Individuals can 8180 be rnernbers and the Board has the power to Co-opt additional Trustees where necessary. Page 6
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBÈR 2023 STRUCTURE. GOVERNANCE AND MANAGEMENT Organlsatlonal 5tru¢tsJre Ch8lrpÉrson'. Caroline WIlEDn Wi¢e-Ghairperson'. Emma Bingham Treasur8r- MiLelle Harri&% PACTO 8rnployed 5 m8mber5 ofstaff durtng 2023-. 08bbla Johnson, Man&r.. Cmg Morgan, Training Co-or¢inator'. A(Srionn8 PoolB - Take Me Tool Project cordinatOr ruby Woods- Take M8 Tool Prolect A5slstsnl.' Jc Hlck8. Mafketing Assi5tanL This Br8W to 8 In November. Ady Poole- General Manager, Wyndham Willlam5- Proje¢t Manager," CrzigMorgan- Training Co-ordlnelor., Ruby Wt)ods rMTI Assistsnt., Jo Hlok5 Ma11,. Jemma Sinclalr- Development Officer., Damian Golden - Vehcile GDrfrdlnator Allson Morgan- Transport Conlluctor. Inductlon and tralnlng of naw trusteès Trustees follow an Induction programme as r8cOrnm6ed by th8 Charity Comm1551on. Trustees attend tT8lnlng cournes provide(5 by PAVS Whe appropriate. Related parues All those charged wth governance Idlre¢tors or tru8to£sl. key mènagement P8rsonnel and InLlrildual or enlily that has wnlrol of the th8rity as well as thgir 5pouse5, dornesllc partn8rs and depEndents are relal8d partles. As PACTO 15 an umbrella organisation d95igned to Provide support for Its membeTS, who nominet8 a trustee to represent them on tho board, Iransactkjns bth8en the organisalion and its m8mbers hav8 not b88n disclose(t 58parately. None of the hdlvidu81 organlsions can control th? dectsions of the board without the agreement Df th8 Other tnjstees. The rnemb8rs ara charil2blg oryanisalons 8nd none ofth8 truste85 gain personally. Rl$k managemont The Iru5t8Ès hsve a duty to Id8ntrfy and vI0W the rfsks to which the charfty is exposed and to en5ur8 approprlat• nlrols Bre In pla¢B to provlde rea8onablE assurance agalnsl and orror. The Ttustees malntaln a rkpk reglst8r. whl¢h18 reviewed at le8St quart8rty. REFERENCE AND ADMINISTRATIVE DETAILS Rgglst¢red Gompany number 07825882 IEnglani5 and WalE51 Reglstered Chaty numbwr 1148810 Reg15tered 4>ffi¢0 0ohY8rdd Belhe5da Narbeth P8mbrok8shlre SA67 8HF TTUStee8 Trustee Dlr8Ctors C A Wlkson E Bin9ham J Pen$ {Vlhdr8W November20231 T Nomian D Goloen Iwlthdrgw Octob8r 20231 Indapendent Examlner 86vgn Buck18nd LLP Charteod AeUntsnts 45 High Street Havgrfordwest Pembrok8shire SA812BP Psg8 7
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS REPORT OF THE TRUSTEÈS FOR THE YEAR ENDED 31 DECEMBER 2023 COMMENCEMENT OF ACTllnTIES The ch81ilablg ¢omp8ny was in¢orpora¢ad on 27 Odober 2011 and begon thaTrtab18 aeiivi11os 1 January 2012. Thls report has bBell prepared accordan¢9 wllh the sp8Bi81 PfDvi$ions of Pert 15 Df th8 Cornpanl&s Ac12006 relrn0 lo small wtnP8ni8S. 10.q: hz*......... Approved by order of the board of twstees on .. . . and svJntd on Its behaLf by.. i¢IiftEWi0n(SeplO,2Dl4-39GTlI C A Wi150n- Trustee Page 6
INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISAnoNS Independent examiner's report to th• trust¢e$ of Pembrokeshlre Association of Communlty Tran$port Organisations I'the Company'l I report to th8 ¢harity tru5te8s on my examination of the a(xounts of the Company for the year 6nd8d 31 December 2023. Respon$rbllllie5 and bas1$ of report As the charity's trustees ol the Company land also ils directors lor the purposes of company lawl you ar8 responsib18 for the preparation ol the accounts in accordance with the reqUIrnents of the Compani85 Act 2006 Ilh8 2006 Act'l. Having satisfied myself that the accounts of the Cofflpany are not required to b8 8udited under Part 16 of the 2006 Act and are eligible for independent 8xamination, I report in SpeCt of my exarninalion of your charitys accounts as carried out uncler Section 145 of the Charitie5 Act 2011 I'the 2011 Acl'l. In carrying out my exarnination I have followed the Directions given by the Charity Cornmission under Section 145151 Ibl of the 2011 Act. Indapendent examiner's statement sin your charity'5 gross income exce8ded £250,000 your examiner must bè a rnember of a listed body. I can confirm that l am qualified to undertake the exarnination because l am a metnber of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have cornpleled my exarnination. I confirm that no rnatters have wme to rny attention In eonnection wth the examination giving me cause to believe.. accounting records were not kept in respect of th8 Company as r4uired by Section 386 of the 2006 Act,. or the 8¢oounts do not 8ccord wth thDse records.. or the accounts do not MplY with the awounting iequir8rnents of Section 396 of the 2006 Act other than any reqUirnent that the accounts give a true and fair view which 15 not a matter considered as part of an iridependenl examlnation., or the account5 have not been prepared in accordanc8 With the methods and princip18s of the Statement ol Recomrnended prad1 lor aC>Unting and reporting by charities (applicable lo charitie5 preparing their account5 in accordan with the Financial Reporting Standard applicable in the UK and Republic ol Iland IFRS 10211. I have no concern5 anc5 have o)me acros5 no other matters in connection with th8 exarnination to which attention should be drawn in this report in orderto enable a proper understanding of the accounts to be reached. Aun Evans FCA Bevan Buckland LLP ChErtered Accountants Hav&rfordwesl SA612BP 08te'. Page 9
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS STATEMENT OF FINANCIAL ACTIVITIES IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2023 2023 Total funds 2022 Total func$5 Unr85tricted funds Restricted fund5 Notes INCOME ANO ENDOWMENTS FROM Donations and legacies 40 40 Other trading a¢tivities Investment income 19,364 2,577 311.692 331.056 2,577 145,101 839 Tgtsl 21.981 311.692 333 673 145 940 EXPENDITURE ON Charitable activilies Charitable activities 1.076 205,061 206,137 183,773 NET INCOMEIIEXPENDITUREI Transfers btheen funds 20.905 106,631 127.536 137.8331 11 Net movement In funds 35,439 92.097 127,S36 137.8331 RECONCILIATION OF FUNDS Total funds brought fonrd 43.274 139.491 182.765 220,598 TOTAL FUNDS CARRIED FORWARD 231.588 310301 The notes forrn part of th85è financial statements Page 10
PEM8ROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGAN18ATIOIIS (REGISTERED NUMBER- 07È258821 STATEMENT OF FINANCIAL PO3ITtON 31 DECEMBER 2023 Unreslrls18d nds 2023 Total fund5 Re51ricte funds 2022 Total funds FIXED ASSETS Tan9ible sssets Notes 5.997 URRENT ASSETS Debtors Cash 8t bank and In hend 6,687 73.744 26,438 213.113 33.128 13,391 179.851 80,431 239.551 319,982 193,242 CREDITORS Amunts falllng due thIN one year 10 11,7181 17,9631 19,6811 116,4741 NET CURREKf ASSETS 310,201 176768 TOTAL ASSETS LESS GURRENT LIABIUTIES 78,713 231,588 310,301 182,765 NET ASSET5 78,713 231,588 182,7&5 FUNDS Unr8Stri¢led fund5 Rnoted funds 78,713 231.588 43.274 139 491 TOTALFUNDS 310301 Th8 charita8 CDrnpany is enlltled te exwnption from audtt under Section 477 01 the cornpanI Act 2006 for the y9ar ended 31 December 2023. Yhe m8rnbe have not rgquired the crmpany to obtaln an audil ol it5 finenci81 ststements for the year ended 31 De¢ember 2023 in 8ccor4Jance with s&cOn 47e of th8 Compani85 Aet 20C6. The tm8t8es ackntiwledge thelr responbIlItIes for en6Urtng that th8 ¢hartlable rnPany k88P6 8CGountlng rewrd$ that rLsmply wth S8Ctions 386 and 387 of the Companie5 Act 2006 8nd preparfng fin8ndal statornpnts whith glve H Iroe and fair of lh8 3t8te of affdrs of th8 ¢hsrit8ble company a6 ot the ènd of 88ch finan¢l81 year and of its surplu$ or f18flcil for each fin8ndal year In 8¢rurdanco wtth the requlrements of StIo 394 and 395 8nd which otherw88 c4mply wh th8 fEquirements of the Comp8nies ABt 2006 rela1 to ffftèncial ststements, $0 far a8 appllcable to the charitable ¢omp8ny. These financial $ialern8nts have beèn pr&par8d in accordance with the provlslons 8ppllcabb to charitable compdnles subjgct to the Small companies Urne. Ib} Th8 nand8] statements We approved by the Board of TnJstse$ 8nd authorised lor issue on ..Ao..:..f..Z•.?....... ....... and were slgn8d on Its by.. caruneInI5Io,2o2D.39GNT+ C A Wli8on- Trustee The not86 form part of thes8 flnanLial $t8tsrn8nts Page 11
PEMBROKESMIRE ASSOCIATION OF COMMVNITY TRANSPORT ORGAN15ATIONS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES Ba8ls of prepatlng ttte flnanclal 5tstemants Tha financial statements of the chtritable company. whb L8 8 pub15¢ benefit entlty under FRS 102, have been prepared in accordance wih tho Charities SORP IFRS 1021 AX)unting Repong by Ch8rfties'. Statemènt of RecDrnmenLlad Practlc8 Epplicable chariuos preparing Ihelr accounts in acoordance wlth the MnanGi81 Reportlng Standard appllcable In the UK and Republi¢ of Ireland {FR$ 1021 {effectsve 1 January 20191,, Flnancial Reportlno Standard 102'Th8 Flnancial Reporting Stsndard applicable In the UK and R8publlG of Irel¥nd' enLS Ihe Companies Act 2008. The finan¢i815ts18ments heva been prepared undèr the hlstorical rx)$l (onvenlbn. nan¢lal r8portlng stgndard 102 . redu¢ed dlsclo¥urt examption$ The charitable company ha5 taken advanlagÈ uf Ihe followno dL8closuro exernption$ In pr8P8rfng these flnanTral st81ents, a5 permKled by FRS 102 The Finandal R8porbn9 Slandard appllcable In thts UK and Republic of the requlram8nts ol Sectlon 7 Statement Df Cash Flokn8', the requirefflent of paragrdph 3.17ldl', thts requir8rn8nts of paragraph5 11.42, 11.44. 11,45, 11.47. 11.48(aXliil. 11.481ollNI, 11.48lbl and 11.481¢1', the qU1MenL$ of paragraphs 12.26. 12.27, 12.29181, 12.29lbl an¢J 12.29K In prepafing the ac(yJunts, the twstees have considered whoth8r in appl tho acwunbng polid8s requirEd ty FRS 1Q2 and the Ch8rit185 SORP FRS 102 (he tateM8nttsf c4mpardtive itèms was r8QtJlred. Inoome All incorne 15 recognised in the Statement of Flnanclal Actrrfities once the charity has enliilement to the funds, it is probabl8 that the in(x)m8 will be receiv8d and the arnounl can be measured reliably. Interest on funds hdd on deposlt Is Induded when rerLlvabla and the amount can b8 rnea5ured reflably by the charily., this Is nomally upon notifl¢alSon of the Snleresl paid or payab58 by the Bank. Expenditure Llabllille8 are rgnised &s expendltur8 &s soon 88 thefe Ls a 18ga] or constructlve ob1ioaUon commltbn9 the charity to Ih8t expenditu, it L8 prob8ble that a trar*fer of econotnl¢ b8nefits Kryll b8 requirBd In È8lllemw)t and the amount ol the oblig8tion can b¥ m8a5ured r81iab1y. Expenditur8 is accounted foi on an 8ccwals basis and has be8n classified under headings Ihal a99feoata all c05t r¥lateO to th8 category bwhore $1S c8nMt b8 ire¢Uy attributad lo partlcular h8adlngs they have been 8110(aed to 8Ctlvltles on 8 basis LnStent with the us8 of r88oufGes. Tanglbl• fixed assets Depre¢dation is provided at th8followlng annual rat89 in orfertswrita tsff eaGh asset over Sts e5tlmated usefvl life. 20% 00 (xt 25% on Cost Mulorvehldes Compuler equipment Asseb over£150 aTr capl¢alis8d and Impalrrnent mviows are caTried out annualty. Yaxatlon The ¢haThty 1$ 8X8mptfrom ujrpoiauon tax on its charitEble acti119. Fund accountin9 Unrnstrlct8d funds can be used in 8ccordan¢8 With the charttable obj8CtN8s at thB di50retion of the trustees. R6siricted funds can only be Used for partlcul8r restrfcled purpo8es wilhln the objects of the tharity. Restrictions 8risowhen sparifieLI bylha donor or when funds arg ralsedfor parb¢ul8r r8$trlcled purpose5. Furtherexplanalion orth8 natur8 and purpDSa of 8aGh fvnd Is Indudad in the notes io thefiDènd81 stalements. Pènsion costs and 0th8r postthr2tirement bèneffts The charltable company operates a dèflned Wntributn penslon Scheme. Contributlons payable lo the charttab18 companls p£nslon schem8 are ch3tg8d to tha Statèmonl of Finandal Aclivitles In th8 pard to whi they relatB. Paga 12 ontinued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES- Continued Preparatron of the accounts on a golng concern basis The trustees have con5ider8d Ihe financial performance of the Charity for the foreseeable futur8, in particular, the next 12 to 18 months and are confident that the Charity is a going concem. OTHER TRADING ACTMTIES 2023 2022 Grants Training fees Project management fee Consultan Transfer ol funds 311,692 17,039 2,325 129.455 12,338 200 3,075 331 056 145.101 INVESTMENT INCOME 2023 2022 Deposit account interest 2.577 839 NET INCOMEIIEXPENDITUREI Net incomellexpenditurel is staled after chargingllcreditingl. 2023 2022 Depreciation- owned assets 5,997 13,812 TRUSTEES. REMUNERATION AND BENEFITS 2023 2022 Truste8s' expenses Trustees, fees 174 540 256 525 714 781 Th8 tre8surer was paid an honorarium of £540 during th8 year. Truste85' expenses 2023 2022 Tru5te8s' expenses 174 256 Payments w8r8 made to one trust88 to reimburse expenses incurr8d on beh8K of the charty. P913 conunued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS- contlnu FOR THE YEAR ENDED 31 DECEMBER 2023 STAFF COSTS The average monthly number Of efflployees durlng the year was as follows." 2023 2022 Community Transport Development OfficÈr ProjecL Officer5 Manager Project Assistants No employees received emoluments in eXsS of£eo,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Other trading activits.es Inve5trnent nme 15,646 839 129,455 145,101 839 Total 16,485 129.455 145.940 EXPENDITURE ON Charitsble activities Charitable activits.es 34.677 183,773 NET INCOMEIIEXPENDITUREI 118,1921 22,889 119.6411 22,8891 137.8331 Transfers bettveen fund$ Net movemenl in funds 4,697 142.5301 137,8331 RECONCILIATION OF FUNDS Total lund5 brought forward 38,577 182,021 220.598 TOTAL FUNDS CARRIED FORWARD 43,274 139,491 182.765 TANGIBLE FIXED ASSETS Ilotor vehicles Computer equipment Tot81s COST At 1 January 2023 and 31 December 2023 247 729 1.769 249,498 DEPRECIATION At 1 January 2023 Charge for year 241,732 5,997 1,769 243.501 5,997 At 31 Dec8rnber 2023 247.729 1,769 249,498 NET BOOK VALUE At 31 D8c8rnb8r 2023 At 31 December 2022 5.997 5.997 The Motor Vehides owned by PACTO are provided on free loan to local organlsations in Pembroke5hir8 for th8 provision of communlty transport serwces. These organisations take all day to day responsibility for insuring and QP8r8ting the V8hid8S. Paoe 14 cL)ntlnued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS . contlnued FOR THE YEAR ENOED 31 DECEMBER 2023 DEBTORS= AMOUNTS FALLING DUE WITHIN ONE YEAR 2023 2022 Debtors 33,125 13,391 10. CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR 2023 2022 Suppli8rs Social security and other taxes Other ¢reditor5 557 3,475 5,649 14,454 2,020 9.681 16.474 11. MOVEMENT IN FUNDS N8t movement in funds Transfer8 b8tween funts At 31.12.23 At1.1.23 Unrestricted funds Gen&ral fund 43,274 20,905 14.534 78.713 Restricted funds pcc PIVOT Big Lottery Bus Buddies RCDF W81sh Government Lottery Take me Too WCVA Voluntary Services Grant CTA Winter Pressu$ Welsh Government Volunteering Pembs Project Postcode Lottery Grant Motability Foundation UK Shared Prosperity Fund PCC Carer$ Transport Grant 112.9171 2,359 13.5761 15.9971 165,7921 112,9171 4,941 2,582 3,526 6,002 112,147 6,653 7,931 46,355 16,6531 17.9311 650 650 30,000 156.285 1741 6.343 30.000 156,285 1741 139,491 106.631 231,588 TOTAL FUNDS 182.765 127.536 310,301 Page 15 conlinued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TPANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS - eontinu8d FOR THE YEAR ENDED 31 DECEMBER 2023 11. MOVEMENT IN FUNDS- continued Net rnOV8rnent in funds, included in the above are as fo11ows'. Incoming r8sourc8S Resoureès expended Mov8m8nt in funds Unrestrictsd funds General fund 21,981 11,0761 20,905 Restrl¢ted funds pcc PIVOT Big Lottery Bus Buddies RCDF Welsh Government Lottery Take me Too Post(x)dg Lottery Grant Motability Foundation UK Sha Prosperity Fund PCC Carer5 Transport Grant 39.631 40,280 152,5481 137,9211 13,5761 15.9971 165,7921 112,9171 2,359 13.5761 15,9971 165,7921 30.000 156,285 1741 6,343 30,000 177.957 17.460 6.365 121.6721 117.5341 221 311.693 205,0621 106,631 TOTAL FUNDS 333.673 206.137) 127,536 Comparatlves for movement in funds Net movement in funds Tr8nsfers betrveen funds At 31.12.22 At1.1.22 Unie$trl¢ted fvnds Geneial fund pcc Bus Buddies 35,947 2,630 16.271 18,9441 12,6301 34.463 43.274 34,4631 38,577 118,1921 22,889 43,274 Restrfjcted funds pcc Town Rider PIVOT CT Vehide replaeernent fund Big Lottery 8us 8uddi8S RCDF Welsh Govemment Lottery Take me Too Volunte8r R8cruitment Campaign PAVS Supporting Community Action Fund WCVA Voluntary Serviees Grant CTA Winter Pressur Learning Disability Innovats-on Welsh Government Volunteering Pembs Project 21,308 12,070 4,670 6,051 12,344 13.763 85.276 17,0761 1331 6,653 18,175 7,818 13,1581 12601 12,0881 118,1501 111,8101 2,582 16,0511 18,8181 113,8121 26.871 3.526 6,002 112,147 6,051 7,076 33 6,653 7,931 110,244) 17.7801 1381 1.002 3521 650 182,021 19,641 22,889 139.491 TOTAL FUNDS 220,598 37,8331 182,765 Paoe 16 continued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS- ¢ontSnu8d FOR THE YEAR ENDED 31 DECEMBER 2023 11. MOVEMENT IN FUNDS- continued Comparative net rnovement in funds. induded In the above are as follows.. Incoming resour$ R8sources expended Movement in funds Unrestrlcted funds General fund Bus Bu(Sdi85 16,452 33 16.271 34,4631 34 4961 16,485 134,6771 118,1921 Restricted fvnd¥ pcc Town Rider PIVOT Big Lottery Bus Buddies RCDF Welsh Governrnent Lottery Take me Too CTA Winter Pressur88 Learning Disability Innovation Welsh Government Volunteering Pemb5 Project 39,788 142,9461 12601 131,1011 18,8181 113.8121 138.7861 110,2441 12,7771 13,1581 12601 12,0881 18,8181 {13,8121 26,871 {10,2441 17.7801 29,013 65.657 15.0031 352} 129455 149 0961 19,641 TOTAL FUNDS 145.940 183 1731 37,8331 A current year 12 months and prior year 12 months combined position is a8 follows.. Net movement In funds Transfers b8trveen funds At 31.12.23 At1.1.22 Unrestricted funds Gen8ral fund pcc Bus Buddies 35.947 2,630 37,176 5.590 12,6301 34,463 78,713 34.4631 38,577 2,713 37,423 78.713 Restricted funds pcc Town Rider PIVOT CT Vehicle repl3¢ement fund Big Lottery 8us Buddies RCDF Welsh Governrnent Lottery Take me Too Volunteer Recruitment Campaign PAVS Supporting Community Action Fund WCVA Voluntary Setvices Grant CTA Winter Pressure5 Learning Di88bility Innovation Welsh Govemment Volunteering Pembs Project Postcode Lollery Grant Motability Foundation UK Shared Prosperity Fun PCC car$ Transport Grant 21,308 12,070 4.670 6,051 12,344 13,763 85,276 17.0761 1331 6,653 18.17S 7,818 116,0751 12601 271 118,1501 111,8101 112,917} 4,941 16.0511 50 6,051 112,3941 119.8091 {38,9211 46.355 7,076 33 16,6531 17.9311 1381 110.2441 17,7801 1,002 13521 30,000 156,285 1741 6,343 650 30,000 156,285 1741 6,343 182,021 86,990 37,4231 231.588 TOTAL FUNDS 220.598 310,301 Page 17 continued...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTE5 TO THE FINANCIAL STATEMENTS- ntinU0d FOR THE YEAR ENDED 31 DECEMBER 2023 11. MOVEMENT IN FUNDS . eontinued A current year 12 month5 8nd prior y8ar 12 rnonth5 combin8d net tnovement in fund5, induded in the above a as follows.. Incoming resources Resourc88 &xpend8d Movement in funds Unrestricted fvnds Gener81 fund Bus Buddies 38,432 33 11,2561 37.176 34 4631 38,465 135,7521 2.713 Restricted funds pcc Town Rider PIVOT Big Lottery Bus 8uddles RCDF Welsh Govemment Lottery Take rne Too CTA Winter Pressu$ Learning Disability Innovation Welsh Govemment Volunteering P8mbs Project Postcode Lottery Grant Motabilrty Foundation UK Shared Prosperity Fund PCC Carers Transport Grant 79,419 195.4941 12601 169.0221 112,3941 119,8091 1104,5781 110,2441 12,7771 116,0751 12601 271 112,3941 119,8091 138.9211 110,2441 17,7801 69,293 65,657 15,0031 13521 13521 30,000 156,285 1741 6,343 30.000 177.957 17,460 6.365 121,6721 117,5341 221 441,148 354,158 86.990 TOTAL FUNDS 479613 389.9101 89.703 Transfers beeen funds With the 8gre8m8nl Df funders. any remaining balance on proj8Ct wrnp58tion is moved Into our unrestricted serves and used lo support PACTO'S genewl Chatable a¢livities In 2023, this included the following proj8cts'. WCVA Voluntary Service5 Grant and CTA Winter Pressures.. In addition, with the agreernent of Pembrokeshire unly Council, historic underspend of our core grant. Was designat8d, along with unrestricted funds, to continu8 the Bus Buddies seNlce after the end of the orvJinal grant funded project. 12. EMPLOYEE BENEFIT OBLIGATIONS The Charity contributes to a defined contribution pension scheme. The scheme zssets are h81d separately to thos8 of the Charity in an ind&pendently adrninistered fund. The cost to th8 Charity amounted to £4,006 12022 £5.0981 of which £nil12022 £nill was outstanding at the year end. 13. RELATED PARTY DISCLOSURES The were no lated party transaetions for the year ended 31 December 2023. Page 18 ¢x)ntinuÈd...
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS NOTES TO THE FINANCIAL STATEMENTS . Contlnued FOR THE YEAR ENDED 31 DECEMBER 2023 14. MEMBER'S GUARANTEE The chaiity is a private company limited by guarantee Consequently doe5 not have share capit81. The liability of the rn8mb8rs in the event of liquidation is limi19d lo £10 p8r member. Page 19
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 INCOME AND ENDOWMENTS Donatlons and le9acles Gifts Donations 40 Other tradlng actlvltles Grants Training fee5 Project management f88 Consult8n¢y Transfer ol fund5 311.692 17.039 2,325 129.455 12,338 200 3,075 33 331,056 145,101 Inv•strn8nt income Deposit account interest 2,577 839 Totsl Incoming re$our¢es 333,673 145.940 EXPENDITURE Charitable activities Wage5 Pensions Telephone Postage and stationery A(5vertssing Sundries Travel anij subsisten Meetings Subcontract trdnsport Vehicle Fnaintenance Training Vehicle hire Computer and intemet IT Development Recxuitment Project management Equipment purchases Motor vehicles 104.458 4,006 2,438 103.898 5,098 2.104 515 2,267 301 9.403 1,370 12,095 665 236 723 3,862 4,228 15.233 1,216 8,260 573 1,911 340 2,028 23,275 114 20.010 18,925 3,448 5,997 13,812 200,493 178,955 Support eosts Management Trustees, expenses Tru5tees' honorarium Trustees. expens8S Translation Accounts Insuranc8 Payroll and rnernbership Sundry Carriecs forward 174 540 525 256 85 2,078 2,489 1,514 854 13 5,584 13 4,707 This page does not form part of the statutory financial $ts18rnents Pago 20
PEMBROKESHIRE ASSOCIATION OF COMMUNITY TRANSPORT ORGANISATIONS DETAILED STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 DECEMBER 2023 2023 2022 Management Brought forward Bank charges Consultancy fees 5,584 60 4,707 81 5,644 4,818 Total oUrCeS expended 206.137 183.773 Net Incomellexpenditurel 127.536 This page does not fom part of the statutory financial ststements Page 21