OpenCharities

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2022-11-01-accounts

ription ofthe charity's trust s
Type ofgoverning
document
Constitution
How the charity is constituted CIO
Trustee selection methods Elected by Trustees confirmed at AGM

You may choose to include
additional
information,
where
relevant,
about:
We have adopted a new Safeguarding
annually
atthe AGM
Policy which will be reviewed will be reviewed will be reviewed
~
policies and procedures
adopted for the induction
and We continue to be aware ofCC26 and
have on our operations
are monitoring any impact it may
training oftrustees„
I
~
the charity's
organisational
We are a part of Hambleton
Community
Network
Association, Community Minibus
structure
and any wider
network
with which the charity
works;
We are members
of NCVO and the trustees consider their
adopt their procedures
and templates
where appropriate.
guidance and
~
relationship
with any related
parties;
~
trustees'
consideration
of
We continue to be members ofthe NYCC Go Local
provision ofcommunity
transport
Steering Group for the
major risks and the system
and procedures to manage
them.
0 ~
To provide affordable transport
forthose with disabilities,
the elderly,
Summary ofthe objects of th'e
charity set out in its
local community
groups and those in
isolated.
danger ofbecoming socially
governing
document
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Summary ofthe main
achievements
ofthe charity
during the year
There was an anticipation
that after several
difficult years caused by
COVID a return toa busier pattern ofuse for the minibuses
was in the
offing, this has not transpired.
A continuing
lack ofdemand
coupled with
the increased cost offuel has meant that the running
costs have
increased
dramatically
~
Cost per passenger
carried
in the year 2021/22 isf24.82
compared tof14.79 in 2018/19.
~
Cost per mile for 20/21 is E2.75and for 2018/19was D.92
This is clearly unsustainable.
Demand
for MIDAS training
continues,
which has a small financial value
but helps to maintain
our visibility
in the community
and does attract
some useful vehicle hires.
We continue to monitor and assess the social value ofthe services we
provide. The Social Value across all ofthe BCM transport
activities for FY
21/22 has been calculated to be f116892
Appreciation
for our service has been expressed
by service users and
confirmed
by local grant-making
bodies.
Briefstatement
ofthe
charity's
policy on reserves
A financial reserve is maintained
to support the running ofthe minibus
with the main emphasis
for the use ofthe funds ensuring
the periodic
replacement
ofour vehicles.
The main component
ofthis reserve isthe
residue ofa legacy received
in 2009. Any excess income
in the trading
account is placed
in the reserve on an annual basis.
Our reserves
policy
is kept under constant review.
Details ofany funds materially
in deficit
None
Further financial
review details
(Optional
information)
You may choose to include
additional
information,
where
Our main sources ofincome are:
hire ofvehicles
relevant about: donations
and fundraising
~
the charity's
principal
sources offunds (including
any fundraising);
DfT fuel rebate.
Our expenditure
is fully committed
to maintaining
the minibuses
in a
roadworthy
condition
and providing
support to the volunteers
who drive
them.
~
how expenditure
has
supported
the key objectives
ofthe charity;
Our only investment
is our account with the Skipton Building Society
which form the basis ofour financial reserve
~
investment
policy and
objectives including
any
ethical investment
policy
adopted.
The accounts for FY2020/21 were independently
examined
and
approved.
However since the income is below the f25000 as required
to
be forwarded
to the Charity Commission,
they are not included
in this
report but will be submitted.

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Unrestricted Restricted Endowment
81Cash funds Bards sBank funds
to nearest f
6,908
funds
to nearest f
funds
to nearest f
Skipton Buildin Socie 5l,1?3
Total cash furrrls 64,081
(agree balances with receipts and aatnnents
account(sj)
Unrestricted Restricted Endowment
Details funds
to nearest f
funds
to nearestf
funds
to nearest f
82Other monetary assets
Details Fund towhich
asset helen
Cost (optional) Current value
83Investment assets
84Assets retained forthe
charity's
own use
Detaiis
Minibus Vehides
Fund towhich
asset belon
Current value
0
0
Com
uter E ui
ment
Oflice Furniture 8 E ui ment
Stora eContainer, etc. 1,539
85Liabilities Details Fund towhich
liebil
relates
Amount due
0
orts
When due
0
On