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 2024
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 Joanna Ward **Senior Management Team** Helen Burrows-Hemstock, Chief Executive Chris Skelly, Finance Manager **Charity Registration Number** 1153800 **Company Registration Number** 05622092 **Registered Office** Unit 36 Lenton Business Centre Lenton Boulevard Nottingham NG7 2BY **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 2024.
## **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) Joanna Ward (appointed 18 December 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**
This year we supported over 2,500 young people through Bikeability in schools as well as delivering Holiday Activity Fund activities, supporting young people through school holidays. Our work with delivering walking interventions has progressed well, with a training development hub being developed to train our own Walk Leaders. We continue to support beneficiaries in Nottingham and Nottinghamshire, with expanded activities across the Nottinghamshire area within Ashfield, Broxtowe and other districts.
## _**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. Overhead costs have increased significantly and applying for grant funding is becoming increasingly competitive. However, we have made good progress in diversifying our funder base and broadening our community reach. We continue to work to engage with new funders and donors, aiming to reduce our reliance on grant funding in future years. Several of our core grant funders have themselves been under significant pressure this year, which has caused bottle necks in funding allocation and reduced availability.
## _**Policy on reserves**_
The minimum reserves required is £18,000. We aim to increase this to £60,000 within 3 years from 31st March 2024, to cover 2 - 3 months operating costs and increasing liabilities with staff retention. Growth of this fund is essential to stabilise the charity. Any funds in excess of the cost of dissolution will be used to ensure we look at every alternative before dissolution of the charity.
The reserves policy is reviewed annually and the next review will take place in February 2025. At the time of writing the reserves balance is £22,512.
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.
The annual report was approved by the trustees of the charity on .................... and signed on its behalf by: 26.11.2024
......................................... 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 2024.
## **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
26.11.2024 Date:.............................
Page 5
## **Sustainable Travel Collective Ltd**
## **Statement of Financial Activities for the Year Ended 31 March 2024 (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 income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**£**
66,030
72,560
98
138,688
(109,237)
(109,237)
29,451
29,451
52,131
81,582|**Restricted**
**£**
-
290,522
-
290,522
(293,329)
(293,329)
(2,807)
(2,807)
17,664
14,857|**Total**
**2024**
**£**
66,030
363,082
98
429,210
(402,566)
(402,566)
26,644
26,644
69,795
96,439|**Total**
**2023**
**£**
6,187
375,236
58|
|---|---|---|---|---|
|||||381,481|
|||||(417,131)|
|||||(417,131)|
|||||(35,650)|
|||||(35,650)
105,445|
|||||69,795|
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 2024 (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 expenditure
Transfers between funds
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
14|**Unrestricted**
**funds**
**£**
6,187
62,660
58
68,905
(81,316)
(81,316)
(12,411)
(9,901)
(22,312)
74,443
52,131|**Restricted**
**funds**
**£**
-
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|
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 2024**
|||**2024**|**2023**|
|---|---|---|---|
||**Note**|**£**|**£**|
|**Fixed assets**||||
|Tangible assets|8|-|4,115|
|**Current assets**||||
|Stocks|9|55,000|-|
|Debtors|10|25,180|18,672|
|Cash at bank and in hand|11|48,016|48,586|
|||128,196|67,258|
|**Creditors: Amounts falling due within one year**|12|(31,757)|(1,578)|
|**Net current assets**||96,439|65,680|
|**Net assets**||96,439|69,795|
|**Funds of the charity:**||||
|**Restricted income funds**||||
|Restricted funds|14|14,857|17,664|
|**Unrestricted income funds**||||
|Unrestricted funds||81,582|52,131|
|**Total funds**|14|96,439|69,795|
For the financial year ending 31 March 2024 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: 26.11.2024
......................................... 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 2024**
## **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**
Under the exemption available to smaller charities the Board of Trustees has chosen not to include a Statement of Cash Flows within the 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 2024**
## **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|
## **Stock**
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell, after due regard for obsolete and slow moving stocks. Cost is determined using the first-in, first-out (FIFO).
## **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.
Page 10
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **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.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **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**
**£**
2,301
8,157
1,400
54,172
66,030|**Total**
**2024**
**£**
2,301
8,157
1,400
54,172
66,030|**Total**
**2023**
**£**
-
3,765
1,000
1,422|
|---|---|---|---|
||||6,187|
Page 11
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **3 Income from charitable activities**
|**Unrestricted**
**funds**
**General**
**£**
Bike sales and repairs
-
Fees
71,948
Grants
-
Sundry income
612
72,560
**4**
**Grants & donations**
Active Partnerships
Ashfield District Council
BBC Children in Need
Broxtowe Borough Council
The Bikeability Trust
Donations
Nottingham City Council
Peoples Health Trust
Nottinghamshire Alliance Training Hub
The Friends of Bennerley Viaduct
Veolia
**5**
**Investment income**
Interest receivable and similar income;
Interest receivable on bank deposits|**Restricted**
**funds**
**£**
-
39,312
251,210
-
290,522
**Unrestricted**
**funds**
**£**
-
-
-
-
5,580
54,222
2,301
-
350
2,577
1,000
66,030
**Unrestricted**
**funds**
**General**
**£**
98|**Total**
**2024**
**£**
-
111,260
251,210
612
363,082
**Restricted**
**funds**
**£**
35,054
20,286
9,987
46,883
-
-
126,665
12,335
-
-
-
251,210
**Total**
**2024**
**£**
98|**Total**
**2023**
**£**
11,918
70,586
292,732
-|
|---|---|---|---|
||||375,236|
||||**Total**
**£**
35,054
20,286
9,987
46,883
5,580
54,222
128,966
12,335
350
2,577
1,000|
||||317,240|
||||**Total**
**2023**
**£**
58|
Page 12
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **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
Rent & services
Travel
Depreciation
Internal charges
Bank charges
Paypal fees
Overhead allocation
Room hire|**Unrestricted**
**funds**
**General**
**£**
23,929
2,227
6,000
114
805
376
3,056
4,907
9,116
1,076
70
58,116
1,086
3,181
595
4,533
615
4,115
-
246
101
(15,580)
553
109,237|**Restricted**
**funds**
**£**
63,535
8,843
7,938
-
424
2,436
300
2,067
104
2,500
444
182,951
1,062
1,189
661
300
712
-
(870)
-
-
15,580
3,153
293,329|**Total**
**2024**
**£**
87,464
11,070
13,938
114
1,229
2,812
3,356
6,974
9,220
3,576
514
241,067
2,148
4,370
1,256
4,833
1,327
4,115
(870)
246
101
-
3,706
402,566|**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
727
1,833
1,899
11,413
3,459
5,586
-
134
69
-
-|
|---|---|---|---|---|
|||||417,131|
## **7 Staff costs**
The aggregate payroll costs were as follows:
|**Staff costs during the year were:**
Wages and salaries
Social security costs
Pension costs|**2024**
**£**
219,089
14,889
7,089
241,067|**2023**
**£**
200,891
13,700
5,809|
|---|---|---|
|||220,400|
Page 13
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|**2024**
**No**
Average number of employees
8
7 (2023 - 7) of the above employees participated in the Defined Contribution Pension Schemes.|**2023**
**No**
8|
|---|---|
|||
Contributions to the employee pension schemes for the year totalled £7,089 (2023 - £5,809).
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 £72,465 (2023 - £79,019).
## **8 Tangible fixed assets**
|**Cost**
At 1 April 2023
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023|**Computer**
**equipment**
**£**
5,779
5,779
5,779
-
5,779
-
-|**Bicycles**
**£**
14,682
14,682
10,567
4,115
14,682
-
4,115|**Total**
**£**
20,461|
|---|---|---|---|
||||20,461|
||||16,346
4,115|
||||20,461|
||||-|
||||4,115|
Bicycles will no longer be shown as fixed assets in the financial statements. All bicycles are available for resale and the charity intends to hold them for less than a year. They will therefore be shown as current assets on the balance sheet.
## **9 Stock**
## Stocks
**2024 £** 55,000
Stock is made up of Bicycles £50k, Bicycle parts £5k.
Page 14
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **10 Debtors**
|Trade debtors
Prepayments
Accrued income
Other debtors
**11 Cash and cash equivalents**
Cash on hand
Cash at bank
**12 Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals|**2024**
**£**
17,926
1,290
5,680
284
25,180
**2024**
**£**
1,711
46,305
48,016
**2024**
**£**
13,862
9,691
8,204
31,757|**2023**
**£**
15,365
2,746
-
561|
|---|---|---|
|||18,672|
|||**2023**
**£**
1,029
47,557|
|||48,586|
|||**2023**
**£**
-
1,578
-|
|||1,578|
## **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 2024**
|**14 Funds**
**Unrestricted funds**
**_General_**
General fund
**Restricted funds**
BBC Children in Need
Holiday Activity Fund & Food
Notts County Council Active
Travel
Stapleford Connected
Communities
Stapleford Cycle Hub (Broxtowe
Funded)
Walk & Talk - Active
Hepatology
Strategic Walking In Notts
Wellbeing Walks With Ramblers
Cycling Events at Harvey
Haddon
Groundworks UK
Hucknall Activities
Bikeability - Primary Schools
Bikeability - Scaling up fund
2024
Eastwood Cycle Hub
Sutton Lawns
TravelWell Bike Maintenance
sessions
Women's Walks with NMWN &
Ridewise
Walk & Talk Gestational
Diabetes
Beeston Train Station
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2023**
**£**
52,131
-
-
-
1,853
-
-
-
7,798
7,603
410
-
-
-
-
-
-
-
-
-
17,664
69,795|**Incoming**
**resources**
**£**
138,688
9,987
34,976
15,000
13,222
26,133
2,659
35,054
-
-
-
18,286
85,831
16,266
15,750
2,000
5,001
2,549
2,808
5,000
290,522
429,210|**Resources**
**expended**
**£**
(109,237)
(9,987)
(34,976)
(15,000)
(14,917)
(26,133)
(2,659)
(35,054)
(7,798)
(7,603)
(410)
(18,286)
(85,831)
(1,700)
(15,750)
(2,000)
(5,001)
(2,549)
(2,675)
(5,000)
(293,329)
(402,566)|**Balance at 31**
**March 2024**
**£**
81,582
-
-
-
158
-
-
-
-
-
-
-
-
14,566
-
-
-
-
133
-|
|---|---|---|---|---|
|||||14,857|
|||||96,439|
Page 16
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
The specific purposes for which the funds are to be applied are as follows:
- BBC Children in need - Bike loans and training to vulnerable children;
- Holiday activity fund & food - School holiday support programme for children;
- Notts County Council Active Travel - Community based Bike programmes;
- Stapleford Connected Communities - People’s Health Trust funded programme for disadvantaged
- communities;
- Stapleford Cycle Hub (Broxtowe funded) - Community based bike repair for Stapleford residents;
- Walk & Talk – Active Hepatology (NCC) - supportive walking sessions through clinical referrals;
- Strategic Walking in Notts (Active Partnerships) - Strategic leadership programme around walking in
- Nottingham and Nottinghamshire;
- Wellbeing Walks With Ramblers - super partnership with Ramblers to train walk leaders and build networks;
- Cycling Events at Harvey Haddon - Community focused cycle fun events;
- Groundworks UK - Tesco Community fund - a project to promote cycling events at Lenton Abbey Park;
- Hucknall Activities - Community based bike repair and cycle lessons for Hucknall residents;
- Bikeability - Cycle training in primary schools;
- Bikeability - Scaling up fund 2024 - funding to be used on new activities which contribute to scaling up
- Bikeability delivery;
- Eastwood Cycle Hub - To develop the cycle hub project in Eastwood, providing bikes, all-ability training
- sessions and bike maintenance training sessions;
- Sutton Lawns (Ashfield DC) - Bike maintenance and fun cycling sessions at Sutton Lawns;
- Women’s Walks with NMWN & Ridewise - Walking programme for women in association with the
- Nottingham Muslim Women's Network;
- Walk & Talk Gestational Diabetes - Supportive walking sessions through clinical referrals;
- Beeston Train Station - Bike maintenance and repair, Bike Buddy sessions and personalised cycling support.
Page 17
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
|**Unrestricted funds**
**_General_**
General fund
**Restricted**
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
Stapleford Connected
Communities
Titchfield Park - Hucknall
Walk & Talk - Active
Hepatology
Strategic Walking In Notts
Wellbeing Walks With
Ramblers
Cycling Events at Harvey
Haddon
East Midlands Airport
Community Funds
Groundworks UK
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2022**
**£**
74,443
21,024
-
9,978
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
31,002
105,445|**Incoming**
**resources**
**£**
68,905
95,185
10,487
-
2,400
2,537
7,667
5,040
54,616
2,981
-
28,167
19,384
9,175
9,990
18,500
13,264
7,893
1,600
500
289,386
358,291|**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)
(9,175)
(9,990)
(18,500)
(5,466)
(290)
(1,600)
(90)
(312,625)
(393,941)|**Transfers**
**£**
(9,901)
-
-
-
-
-
-
-
-
-
9,901
-
-
-
-
-
-
-
-
-
9,901
-|**Balance at**
**31 March**
**2023**
**£ (As**
**restated)**
52,131
-
-
-
-
-
-
-
-
-
-
-
1,853
-
-
-
7,798
7,603
-
410|
|---|---|---|---|---|---|
||||||17,664|
||||||69,795|
Page 18
## **Sustainable Travel Collective Ltd**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **15 Analysis of net assets between funds**
## **Unrestricted**
|Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**General**
**£**
113,339
(31,757)
81,582
**Unrestricted**
**General**
**£**
4,115
49,594
(1,578)
52,131|**Restricted**
**£**
14,857
-
14,857
**Restricted**
**£**
-
17,664
-
17,664|**2024**
**Total funds**
**£**
128,196
(31,757)|
|---|---|---|---|
||||96,439|
||||**2023**
**Total funds**
**£**
4,115
67,258
(1,578)|
||||69,795|
## **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|**2024**
**£**
1,450
2,158
3,608|**2023**
**£**
1,315
2,473|
|||3,788|
## **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