Company registration number: 05622092 Charity registration number: 1153800
## Sustainable Travel Collective Ltd
(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2023
Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
## **Sustainable Travel Collective Ltd**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 4|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6 to 7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 19|
## **Sustainable Travel Collective Ltd**
## **Reference and Administrative Details**
**Trustees** Philip Crompton, Chair Clare Linton Laura Jane Elliott Robert Hannigan David Newborough Anna Smith-Clare Prakash Ghedia **Senior Management Team** Helen Burrows-Hemstock, Chief Executive Gina Law, Finance Manager **Charity Registration Number** 1153800 **Company Registration Number** 05622092 **Registered Office** The Lenton Centre Willoughby Street Nottingham Nottighamshire NG7 1RQ **Independent Examiner** John O'Brien, employee of Community Accounting Plus Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
Page 1
## **Sustainable Travel Collective Ltd**
## **Trustees' Report**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31 March 2023.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Philip Crompton, Chair Clare Linton Laura Jane Elliott Robert Hannigan David Newborough Anna Smith-Clare Prakash Ghedia Gemma Tuckwood (resigned 11 April 2023)
## **Structure, governance and management**
## _**Nature of governing document**_
The charity is a company limited by guarantee and registered charity. It is operated under the rules of its memorandum and articles of association, incorporated on 14/11/2005 most recently amended by special resolution dated 20/04/2020. It has no share capital and the liability of each member in the event of winding-up is limited to £10.
## _**Recruitment and appointment of trustees**_
We advertise on Chairtyjobs.co.uk, social media and local news outlets. Applications are welcomed via email or letter to our Chairman. The Chairman discusses all applications with Trustees and selects based on lived experience and skills. Applicants are interviewed and matched against the Board of Trustee's criteria.
## **Objectives and activities**
## _**Objects and aims**_
To promote conservation and protection of the environment by promoting the use of methods of transport which will have the least impact on the environment.
The Sustainable Travel Collective is a charity promoting and encouraging the development and use of sustainable forms of travel by influencing behaviour change and delivering travel related products and services to a wide range of local communities, from businesses to small neighbourhood groups. In doing this, communities will benefit economically and socially from reduced cost, reduced congestion, increased accessibility, improved environments, better health and well-being and enhanced social cohesion.
Page 2
## **Sustainable Travel Collective Ltd**
## **Trustees' Report**
## _**Objectives, strategies and activities**_
This year we supported over 2,000 young people through bikeability in schools as well as developing and delivering Holiday Activity Fund activities, supporting young people through school holidays. Our work with delivering walking interventions has progressed well, with some strategic walking partnerships being created to expand our activities.
We continue to support beneficiaries in Nottingham and Nottinghamshire, with expanded activities across the Nottinghamshire area with the development of two new cycle hubs in Stapleford and Ashfield.
## _**Public benefit**_
Our activities provide opportunities to support the conservation of the environment, including clear air, reduced congestion and improved health and wellbeing.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
## **Financial review**
This year has been a challenging year, with significant staff illness impacting our financial position as we covered this loss through consultancy support. In addition, lengthy contractual processes has impacted our income significantly.
## _**Policy on reserves**_
Our reserves are currently at £10,000 and we aim to increase them over 5 years to at least £25,000 in order to stabalise ourselves in the eventuality of funding cuts through Trust and Grant funders.
We currently have very few long term funding sources and this will remain a risk.
Page 3
## **Sustainable Travel Collective Ltd**
## **Trustees' Report**
## **Statement of Responsibilities**
The trustees (who are also the directors of Sustainable Travel Collective Ltd for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". The report and accounts have been prepared in accordance with the provisions in the Companies Act 2006 relating to small companies.
Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small companies provision statement**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
14.12.2023 The annual report was approved by the trustees of the charity on .................... and signed on its behalf by:
......................................... Philip Crompton Trustee
Page 4
## **Sustainable Travel Collective Ltd**
## **Independent Examiner's Report to the trustees of Sustainable Travel Collective Ltd ('the Company')**
## **Independent examiner’s report to the trustees of Sustainable Travel Collective Ltd ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2023.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
......................................
John O'Brien MSc, FAIA, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners
Units 1 & 2 North West 41 Talbot Street Nottingham NG1 5GL
14.12.2023 Date:.............................
Page 5
## **Sustainable Travel Collective Ltd**
## **Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total Income
**Expenditure on:**
Charitable activities
6
Total Expenditure
Net (expenditure)/income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**£**
6,187
62,660
58
68,905
(81,316)
(81,316)
(12,411)
(9,901)
(22,312)
74,443
52,131|**Restricted**
**£**
-
312,576
-
312,576
(335,815)
(335,815)
(23,239)
9,901
(13,338)
31,002
17,664|**Total**
**2023**
**£**
6,187
375,236
58
381,481
(417,131)
(417,131)
(35,650)
-
(35,650)
105,445
69,795|**Total**
**2022**
**£**
36,638
374,133
3|
|---|---|---|---|---|
|||||410,774|
|||||(405,840)|
|||||(405,840)|
|||||4,934
-|
|||||4,934
100,511|
|||||105,445|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 14.
The notes on pages 9 to 19 form an integral part of these financial statements. Page 6
## **Sustainable Travel Collective Ltd**
## **Statement of Financial Activities for the Year Ended 31 March 2023 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
## **These are the figures for the previous accounting period and are included for comparative purposes**
|**Note**
**Income and Endowments from:**
Donations and legacies
2
Charitable activities
3
Investment income
5
Total income
**Expenditure on:**
Charitable activities
6
Total expenditure
Net income
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**£**
36,638
93,764
3
130,405
(129,867)
(129,867)
538
(7,764)
(7,226)
81,669
74,443|**Restricted**
**funds**
**£**
-
280,369
-
280,369
(275,973)
(275,973)
4,396
7,764
12,160
18,842
31,002|**Total**
**2022**
**£**
36,638
374,133
3|
|---|---|---|---|
||||410,774|
||||(405,840)|
||||(405,840)|
||||4,934
-|
||||4,934
100,511|
||||105,445|
The notes on pages 9 to 19 form an integral part of these financial statements. Page 7
## **Sustainable Travel Collective Ltd**
## **(Registration number: 05622092) Balance Sheet as at 31 March 2023**
|**Note**
**Fixed assets**
Tangible assets
8
**Current assets**
Debtors
9
Cash at bank and in hand
10
**Creditors: Amounts falling due within one year**
11
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
14
**Unrestricted income funds**
Unrestricted funds
**Total funds**
14|**2023**
**£**
4,115
18,672
48,586
67,258
(1,578)
65,680
69,795
17,664
52,131
69,795|**2022**
**£**
9,701
28,670
68,984|
|---|---|---|
|||97,654
(1,910)|
|||95,744|
|||105,445|
|||31,002
74,443|
|||105,445|
For the financial year ending 31 March 2023 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The financial statements on pages 6 to 19 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by: 14.12.2023
......................................... Philip Crompton Trustee
The notes on pages 9 to 19 form an integral part of these financial statements. Page 8
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **1 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
## **Basis of preparation**
Sustainable Travel Collective Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The financial statements have been prepared on a going concern basis.
The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.
## **Exemption from preparing a cash flow statement**
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.
## **Income and endowments**
Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## _**Gift aid**_
Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.
Page 9
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Depreciation is calculated to write down the cost or valuation, less estimated residual value, of all tangible fixed assets with a cost exceeding £500 over their expected useful lives on a straight line basis
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
|**Asset class**|**Depreciation method and rate**|
|---|---|
|Furniture & equipment|20% straight line|
|Computer equipment|33% straight line|
|Bicycles|33% straight line|
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Page 10
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.
Restricted income funds are those grants for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **2 Income from donations and legacies**
|Grants, including capital grants;
Government grants
Grants from other charities
Grants from companies
Other income from donations and legacies|**Unrestricted**
**funds**
**General**
**£**
-
3,765
1,000
1,422
6,187|**Total**
**2023**
**£**
-
3,765
1,000
1,422
6,187|**Total**
**2022**
**£**
2,786
25,437
5,350
3,065|
|---|---|---|---|
||||36,638|
## **3 Income from charitable activities**
|Bike sales and repairs
Fees
Grants
Sundry income|**Unrestricted**
**funds**
**General**
**£**
11,918
50,742
-
-
62,660|**Restricted**
**funds**
**£**
-
19,844
292,732
-
312,576|**Total**
**2023**
**£**
11,918
70,586
292,732
-
375,236|**Total**
**2022**
**£**
6,784
152,219
213,598
1,532|
|---|---|---|---|---|
|||||374,133|
Page 11
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **4 Grants & donations**
|Active Partnerships
AECOM Infrastructure & Environment UK Limited
Ashfield District Council
BBC Children in Need
Bestwood Partnership
British Blind Sport
Broxtowe Borough Council
Cycling Instructor Ltd
Cycling UK:Cycling UK Stapleford Hub Tools
Cycling UK: Lenton Abbey Park Cycle Centre
East Midlands Airport
Groundworks UK:Tesco Community Fund
Nottingham City Council
Nottingham Council for Voluntary Services
Nottingham Forest Community Trust
Peoples Health Trust
Pfizer
The Bikeability Trust
Various donations
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Unrestricted**
**funds**
**£**
-
-
-
-
-
2,990
-
-
-
-
-
-
-
-
-
-
1,000
775
1,422
6,187
**Unrestricted**
**funds**
**General**
**£**
58|**Restricted**
**funds**
**£**
18,500
28,167
9,175
10,487
7,300
-
20,000
1,600
3,190
2,981
1,600
500
122,043
18,304
2,400
19,384
-
27,101
-
292,732
**Total**
**2023**
**£**
58|**Total**
**£**
18,500
28,167
9,175
10,487
7,300
2,990
20,000
1,600
3,190
2,981
1,600
500
122,043
18,304
2,400
19,384
1,000
27,876
1,422|
|---|---|---|---|
||||298,919|
||||**Total**
**2022**
**£**
3|
Page 12
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **6 Expenditure on charitable activities**
|Activities
Bikes & accessories
Consultancy
Conferences & events
Equipment
Hospitality
Insurance
IT & communications
Legal & professional fees
Memberships & subscriptions
Marketing & publicity
Salaries, NIC & pensions
Sundry expenses
Training
Printing & stationery
Recruitment
Rent & services
Travel
Depreciation
Internal charges
Bank charges
Paypal fees|**Unrestricted**
**funds**
**General**
**£**
22,572
5,532
4,875
15
2,680
151
2,617
6,306
5,842
1,459
905
50,803
679
1,605
717
-
6,811
873
5,586
(38,914)
134
69
81,317|**Restricted**
**funds**
**£**
74,450
10,718
21,101
58
3,252
4,297
850
1,880
441
365
1,245
169,597
49
228
1,182
-
4,602
2,586
-
38,914
-
-
335,815|**Total**
**2023**
**£**
97,022
16,250
25,976
73
5,932
4,448
3,467
8,186
6,283
1,824
2,150
220,400
728
1,833
1,899
-
11,413
3,459
5,586
-
134
69
417,132|**Total**
**2022**
**£**
103,779
24,827
10,260
655
2,284
236
2,041
11,339
9,621
2,084
4,241
203,942
1,073
7,402
3,358
423
8,533
3,205
6,374
-
163
-|
|---|---|---|---|---|
|||||405,840|
## **7 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2023**
**£**
200,891
13,700
5,809
220,400|**2022**
**£**
186,911
12,729
4,302|
|---|---|---|
|||203,942|
Page 13
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Average number of employees|**2023**
**No**
6|**2022**
**No**
6|
|---|---|---|
4 (2022 - 4) of the above employees participated in the Defined Contribution Pension Schemes.
Contributions to the employee pension schemes for the year totalled £5,809 (2022 - £4,302).
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £79,019 (2022 - £92,575).
## **8 Tangible fixed assets**
|**Cost**
At 1 April 2022
At 31 March 2023
**Depreciation**
At 1 April 2022
Charge for the year
At 31 March 2023
**Net book value**
At 31 March 2023
At 31 March 2022
**9**
**Debtors**
Trade debtors
Prepayments
Other debtors|**Computer**
**equipment**
**£**
5,779||**Bicycles**
**£**
14,682||**Total**
**£**
20,461
20,461
10,760
5,586
16,346
4,115
9,701
**2022**
**£**
27,715
904
51|
|---|---|---|---|---|---|
||5,779||14,682|||
||4,300
1,479||6,460
4,107|||
||5,779||10,567|||
||-||4,115|||
||1,479||8,222|||
||||**2023**
**£**
15,365
2,746
561
18,672|||
||||||28,670|
Page 14
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **10 Cash and cash equivalents**
|**10 Cash and cash equivalents**|||
|---|---|---|
|Cash on hand
Cash at bank|**2023**
**£**
1,029
47,557
48,586|**2022**
**£**
651
68,333|
|||68,984|
## **11 Creditors: amounts falling due within one year**
|Other creditors
Accruals|**2023**
**£**
1,578
-
1,578|**2022**
**£**
1,500
410|
|---|---|---|
|||1,910|
## **12 Obligations under leases and hire purchase contracts**
The total value of future minimum lease payments was as follows:
|Within one year|**2023**
**£**
1,058
1,058|**2022**
**£**
1,058|
|---|---|---|
|||1,058|
The charity pays varying amounts for offices depending on the space used. The average rent is £1058 per month. There is no formal lease, but a month's notice period is agreed.
## **13 Charity status**
The charity is a company limited by guarantee and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
Page 15
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **14 Funds**
|**Unrestricted funds**
**_General_**
General fund
**Restricted funds**
Bikeability (Schools)
BBC Children in Need
Holiday Bike Club (NLCF)
Nottingham Forest
Brewster's Park NCC
Cycling Programme
E - Bike Referral Project
(NCC)
Green Social Prescribing
(LAP)
Holiday Activity Fund &
Food
Lenton Abbey Park Cycle
Centre (Cycling UK)
Nottinghamshire
Community Bike Library
(Together for our Planet)
Notts County Council Active
Travel (AECOM)
Stapleford - Connected
Communities
Stapleford Cycle Hub
Titchfield Park - Hucknall
(Ashfield DC)
Walk & Talk - Active
Hepatology (NCC)
Strategic Walking In Notts
(Active Partnerships)
Walking Wellbeing Notts -
Ramblers
Cycling Events at Harvey
Haddon - NCC
East Midlands Airport
Community Funds
Groundworks UK - Tesco
Community Fund|**Balance at 1**
**April 2022**
**£**
74,443
21,024
-
9,978
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Incoming**
**resources**
**£**
68,905
95,185
10,487
-
2,400
2,537
7,667
5,040
54,616
2,981
-
28,167
19,384
23,190
9,175
9,990
18,500
13,264
7,893
1,600
500|**Resources**
**expended**
**£**
(81,316)
(116,209)
(10,487)
(9,978)
(2,400)
(2,537)
(7,667)
(5,040)
(54,616)
(2,981)
(9,901)
(28,167)
(17,531)
(23,190)
(9,175)
(9,990)
(18,500)
(5,466)
(290)
(1,600)
(90)|**Transfers**
**£**
(9,901)
-
-
-
-
-
-
-
-
-
9,901
-
-
-
-
-
-
-
-
-
-|**Balance at**
**31 March**
**2023**
**£**
52,131
-
-
-
-
-
-
-
-
-
-
-
1,853
-
-
-
-
7,798
7,603
-
410|
|---|---|---|---|---|---|
Page 16
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
|**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2022**
**£**
31,002
105,445|**Incoming**
**resources**
**£**
312,576
381,481|**Resources**
**expended**
**£**
(335,815)
(417,131)|**Transfers**
**£**
9,901
-|**Balance at**
**31 March**
**2023**
**£**
17,664|
|---|---|---|---|---|---|
||||||69,795|
The specific purposes for which the funds are to be applied are as follows:
Bikeability – cycle training in primary schools BBC Children in Need – bike loans and training to vulnerable children Holiday Bike Club – Holiday Activity Fund programme for school holidays, food and activity Nottinghsm Forest - School holiday activity club Brewsters Park NCC Cycle Programme – Community focused cycle fun days Ebike referral programme – social prescribing of ebikes to adults Green Social Prescribing – social prescribing of walks and cycle rides to adults Holiday Activity Fund Programme – school holiday support programme for children Lenton Abbey Park Cycle Centre – weekly cycle training for adults Nottinghamshire Community Bike Library – recycling of bike donations Notts County Active Travel (AECOM) – community based Bike programmes Stapleford Connected Communities – People’s Health Trust funded programme for disadvantaged communities Stapleford Cycle Hub – community based bike repair for Stapleford residents Titchfield Park Hucknall – community based bike repair and cycle lessons for Hucknall residents Walk and Talk – supportive walking sessions through clinical referrals
Walking in Notts – strategic leadership programme around walking in Nottingham and Nottinghamshire Walking Wellbeing Notts – super partnership with Ramblers to train walk leaders and build networks Cycling Events at Harvey Haddon - Ncc - community focused cycle fun events East Midlands Airport Community Funds - a project to support isolated members of the community Groundworks UK - Tesco Community fund - a project to promote cycling events at Lenton Abbey Park Hucknall Activities (Ashfield DC) - community based bike repair and cycle lessons for Hucknall residents
Page 17
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
|**Unrestricted funds**
**_General_**
General fund
**Restricted**
Cycle Centres
Road User Training (Access)
Active Travel Support
(Access Business)
Bike Library Neighbourly
Bike Library Schools
Bike Aid
Sport England
Bikeability (Schools)
BBC Children in Need
Cycling UK Stapleford
Job Seekers Support
Kickstart
Holiday Bike Club (NLCF)
Nottingham Forest
Sport England Equipment
Fund
Bikeability
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2021**
**£**
81,669
310
6,063
5,220
-
-
-
7,249
-
-
-
-
-
-
-
-
-
18,842
100,511|**Incoming**
**resources**
**£**
130,405
45,000
-
29,000
10,000
7,300
18,000
-
32,612
9,987
2,507
19,115
7,147
9,978
15,360
8,750
65,613
280,369
410,774|**Resources**
**expended**
**£**
(129,867)
(45,310)
(6,063)
(34,220)
(10,000)
(7,300)
(18,000)
(7,249)
(11,588)
(9,987)
(2,507)
(19,115)
(7,147)
-
(15,360)
(8,750)
(73,377)
(275,973)
(405,840)|**Transfers**
**£**
(7,764)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
7,764
7,764
-|**Balance at**
**31 March**
**2022**
**£**
74,443
-
-
-
-
-
-
-
21,024
-
-
-
-
9,978
-
-
-|
|---|---|---|---|---|---|
||||||31,002|
||||||105,445|
The transfer from the General fund to the Nottinghamshire Community Bike Library (Together for our Planet) fund is to transfer the income received to fund this project.
Page 18
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2023**
## **15 Analysis of net assets between funds**
## **Unrestricted**
|Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
4,115
49,594
(1,578)
52,131
**Unrestricted**
**General**
**£**
9,701
66,652
(1,910)
74,443|**Restricted**
**£**
-
17,664
-
17,664
**Restricted**
**£**
-
31,002
-
31,002|**2023**
**Total funds**
**£**
4,115
67,258
(1,578)|
|---|---|---|---|
||||69,795|
||||**2022**
**Total funds**
**£**
9,701
97,654
(1,910)|
||||105,445|
## **16 Fees payable to independent examiner**
During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:
|Accounting Plus are analysed as follows:|||
|---|---|---|
|Independent examination
Other financial services|**2023**
**£**
1,315
2,473
3,788|**2022**
**£**
1,250
1,895|
|||3,145|
## **17 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
## **18 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
## **19 Related party transactions**
There were no related party transactions in the year.
Page 19