2022-04-05-accounts

Objec	ti	ves and	activiti	es
				SORP reference
Summary		ofthe purposes of			Toadvance the education ofthe public in the
the charity as set out			in its		history ofpublic road passenger transport
gQvel'ning		document			and in particular the history ofthe Devon General Omnibus 5Touring Company and
					its successors through: a) establishing and
					preserving for posterity a representative
					collection ofpassenger service vehicles
					formerly operated by the Company and its
					successors in the county ofDevon and the area covered by the South~t of
					England, b) facilitating public access to the
					collection by providing opportunities to view
					and travel on the vehides and thereby
					experience an earlier era ofpublic transport
					in the county of Devon, c)providing afocus
					for retention, develops and training for students ofall ages in the traditional crafts
					and specialist skills required forthe
					restoration and maintenance ofthe vehicles
					and associated relics, and d) enabling the
					raising offunds forthe above purposes. ln
					doing so, the chanty must riot I'8lse 8ny
					substantial permanent tradin activit .
Summary		ofthe main			2021/22 has seen some semblance ofour
activities		in relation to those			normal activity return. The easing ofCovid
purposes		for the public			restrictions during the Spring of2021
benefit,	in particular,		the		enabled us to resume our volunteer work
activities,		projects or	services		sessions at Knowstone and from July 2021
identified		in the accounts.			the trustees resumed meeting in person
					rather than on Zoom.
					Although the lockdowns over the preceding
					year have inevitably slowed progress with
					the restoration ofour collection, we were
					able to resume taking our buses to public
					events in 2021.

			supporter. The trustees are taking a risk
			averse view about safeguarding these funds
			whilst we consider how best to use them,
			and we have accordingly set up a Charity
			Deposit Platform with our bank, CAF Bank,
			which wiH see lump sums distributed around
			interest-bearing accounts, each protected the FCAf85,000compensation scheme.	by
			Communicating via social media with our
			supporters and the general public continues
			to be a key activity. Gur Facebook page now
			has 865followers, and our Twitter feed 215
			followers. These enable us to reach out to
			our audience even ifthey are unable to
			make ittosee our buses at events.
			We are also committed to presenting a
			professional and informative facetothe
			woi'kl via oui' website. Slllce July 2021—
			when we started to receive website analytics
			data —over 1,600users have seen our
			redesigned website.
			During the year we joined the 'Amazon
			Smile' campaign to widen the range ofways
			in which supporters can donate to the Trust.
			This sees Amazon donate 005'k ofthe net
			value ofa shopper's spending at no cost to
			the shopper and has added asteady if
			modest quarterly flow offunds to our
			InConle.
			We are grateful forthe continued generosity
			ofour trustees and other interested parhes
			who support our work, including the Devon
			General Society.
			We remain indebted to one ofour trustees
			who has placed his own vehicle on loan to
			the Trust.
Statement	confirming	Para 1.18	The trustees are fully aware ofthe
whether the trustees have			obligations imposed upon them by way of
had regard	to the guidance		the Charities Act and Charities (Accounts
issued by	the Charity		and Reports) Regulations 2098 and the
Commission on public			extent to which the trust is fulfilling its
benefit			chantable objectivBs Is reviewed at Bach
			trustees' meeting. These obligations remain
			paramount when planning acbvities forthe
			forthcoming period and considering mearis
			by which the trust's other central objectives
			can be met.

					N/A
Policy on including	social investment program related			Para 1.38
investment
					The trustees readily acknowledge the huge
Gontribution volunieers		made	by	Para 1.38	contribution made by our volunteers. This manifests in avaiiety ofways: undertaking
					ihe physical work in preparing and restoring
					our historic vehicles; assisting us when we
					attend events; assisting us in organising
					events; preparing and delivering
					presentations to interest groups and the
					general public; and assisting with the
					governance ofthe CiO.
					During 2021i22 our volunteers contributed
					1,270 hours oftheir time at our Knowstone
					base.
					Skills retention continues to rest with a
					relativel small rou ofvolunteers.
Other

Summary	ofthe main	ofthe main	Para 1.20	The trustees believe that the main	The trustees believe that the main
achievements		ofthe charity,		achievements ofthe Trust during the year
identifying	the	difference the		fAay be sufAmcKised as
charity's	work	has made to
the circumstances ofits				We were able to display our vehicles at
beneficiaries and any wider				public events, which isthe	main way for
benefits tosociety as a				us to deliver our charitable	objective of
whole.				educating the public about	the history of
				road passenger transport.
				We improved our financial	base
				significantly thanks to the	receipt ofa
				large legacy.
				Nle continued to receive a	steady flow of
				donations from our supporters and
				daimed Gift Aid thereon.

							We completed a successful fundraising
							campaign which enabled us to add a
							fifth bus to ourcol~ion. Thiis bus was
							a particularly significant example of
							Devon General*s policy in the 1950Sof
							rebuilding old vehicles forfurther use.
							We camed out further significant
							restoration work on our vehicles.
							We continued to maintain links with
							other groups where relationships can be
							of mutual benefit.
							We continued our good relationship with
							the DevoA Gellefal Society, BAsUAAg
							that they remain fuNy supporbve ofthe
							trust's activities (the DGS has 200+
							members, aN ofwhom share a common
							interest in the Devon General company
							and its activities). The work ofthe Trust
							is independent ofthe Society, but itis
							important that good relations are
							nlalfltaIAed The Society Is sUppoftive	of
							the Trust*s objectives and assists on a
							regular basis by keeping members
							informed ofour activities and publicising
							forthcofAIAg events
						~	We expanded our social media
							presence and used Facebook and
							Twitter to inform foHowers (and the
							wider community) ofprogress on our festoratIOA activities, u~ing 8'veA'ts,
							etc.
							key personnel within Stagecoach South
							West (the modern-day successors of
							Devon General) who are fully
							supportive ofour aims and objectives.
Adclltionat		tAformatlon		(optional)
YGU fAa	choose to lnclUde				fUfthef statemeAts	whef8	IelevaAt about:
						N/A
Achlevefflellts			against		Para 141
objectives	set
						Objective ofraising F20,000to purchase
Performance			offundraising		Para 1.41	ETT	995met.
activities	against objectives
Se't

Amount ofreserves held		Para 122	E380,000as at5April 2022
		Para 122	N/A
Details offund materially	in		N/A
deficit
Explanation ofany		Para 1.23
uncertainties about the
charity continuing as a going
concern

			N/A
The charity's	principal	Para 1.47
sources offunds {including
any fundraising)
			Our investment		pohcy sets out the	likely calls
Investment	policy and	Para 1.46	on our funds over the short, mediufn and long terms and takes a risk-averse approach
objectives including any			to matching	them with investments		in
social investment policy			interest-bearing		accounts.
adopted
			N/A
A descnptlon	ofthe pnnclpaI	Para 1.46
risks facing	the charity
			N/A

Description ofcharity's
trusts:
Type GfgovefnlAg docufnent:
for example, trust deed,
memorandum and articles of
association etc.
How is the charity	Para 1.25	CIG.
constituted' ?
for example limited company,
unincorporated association,
CIO
Trustee selection methods	Para 1.25	Potential new	trustees are identled		by the
including details of any		existing trustees		in accordance with	Charity
constitutional provisions e.g.		Commission	gufdance.
election to post or name of
any person or body entitled
to appoint one or more

						Unrestricted	Restricted	Restricted	Restricted	Endowment
	Categories			Detaiis		funds	funds			funds
						to nearest F	to nearest		6	to nearest 6
81 Cash	funds			CAF Bank Account		199,727		1D,808
				CAF 60Day Notice Account		6,000
					Totat cash funds	208,727	10,808
				(agree balances	with receipts and payments
					account(s))
						Unrestricted
						funds
				Details		to nearest E
82Other	monetary assets			Debtors
				Details		Fund to which asset belon s	Cost (optional}			Current value o tional
83Investment		assets
				Details		Fund towhich asset belon s	Cost {optional}			Current vaiue o tional
84Assets retained for			the	Vehicle - 503RUG		Restricted
charity's	own	use		Vehicle - YDV798		Unrestricted			5,000	5,000
				Vehicle - VDV817		Restricted			8,500	8,500
				Vehicle - NTT661		Restricted		12,000		12,0DD
				Vehicle - ETT995		Restricted		20,000		20,000
				Details		Fund to which liabili relates	Amount due o tional			When due o tional
85 Liabilities				Creditors		N/A
				Loans		N/A
Signed by one or two trustees behalf ofall the trustees			on	i	nature	Print	Name			Date of a roval
						P RJenkins				01-Jul-22
						6Bailey				00-Jul-22