Registered by the Charities Commission No: 1161606 THE CHILTERNS DIAL-A-RIDE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR TO 31 MARCH 2024 THE CHILTERNS DIAL-A-RIDE Financial Statements for the year to 31 March 2024 CONTENTS Pages: 2. to 3. Trustees, Report 4. Independent Examinerfs Report 5. Statement of Financial Activities 6. Balance Sheet 7. to 8, Notes to the Financial Statements THE CHILTERNS DIAL-A-RIDE Financial Statements forthe year to 31 March 2024 TRUSTEES, REPORT Reference and Administration Details The Chilterns Dial-a-Ride (The Charity), is a Charitable Incorporated Organisation registered in England with the UK Charity Commission No.. 1161606. Its governing document is based on the "Foundation Model" constitution issued by the Commission. It is a Plfrblic benefit entity. Registered Office and place of business Room 5a, Chalfont Grove Narcot Lane Chalfont St Peter Bucks SL9 8TN Trustees The trustees who served during the year are as follows: Chairman Treasurer David Ouvry John Makinson Patrick Regester Nlck Morrison No trustees receive any compensation for their services as trustees, All the trustees are volunteers. The procedures for appointing and removing trustees, together with their duties and obligations, are as set out in the "Foundation. model constitution. The trustees confirm that they have had due ie8ard to the Charity Cornmission's euidance on public beneflt when exercislng their duties as trustees. Objectives and Activities The primary object of The Charity is to provide a transport service for people living in or close to the Chiltern Hills who have mobility problems and are unable to drive or use public transport. We will continue to achieve thls by ralslng funds for, and workinE alongside The Chiltem5 0ial-a-Ride Ltd (The Society) a charltable community benefit society. which is the principal provider of this service in the area. Achievements and Performance The year has seen demand for these transport services continue to recover frotn the low levels seen during the Covid pandemic and are now above pre-pandomic levels. Hence there is a continuing need to raise finance to support the service. The SL5bstantial funding arrangement negotiated by The Charity with The National Lottery in 2022 has continued and has been generously increased by a further £43,000 to help The Society cope with their increased costs due to recent inflationary pressures. The remaining funding will be paid over by the National Lottery to The Charity in instalments over the next 2 years, and The Charity will pay it over to The Society as and when they pay the wages to their Staff. A mutual indemnity agreement has been drawn up by both organi5ations to ensure the fund5 are used as intended by the National Lottery. THE CHILTERN5 DIAL-A-RIDE Financial Statements forthe year to 31 March 2024 Financial Review Totol Donations received in the year amounted to £69,3331£85.IJ)0: 20231 and donations made to The Chilterns Dial a Ride Ltd to cover wage and other costs were £69,2251£51,917: 20231. At the end of the year, cash stood at £32,8311£33,083-. 20231 with restrirted reserves of £32.191 (£32,083: 2013) and total reserves of £32,591 (£32,783: 2023}. Reserves Policy The Charity has no paid employees, no assets other than the bank account, and very little annual operatin8 expenditure. It is considered that there Is no requirement to retaln reseNes beyond the amount needed to over donations ralsed that have not yet been applied for the purpose Intended. Chalrman D. Ouvry Date THE CHILTERNS DIAL-A-RIDE Financial Statements for the year to 31 March 2024 INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF THE CHILTERNS DIAL-A-RIDE I report on the financial statements for the year to 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet and relaled policies and notes. This report is made solely to the charity trustees. My work has been undertaken so that I might review the financial statements that I have been enEa£ed to review, report to the trustees that I have done so, and state those matters that l am required to state to them in an independent examiners report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the trustees for my work or for this ieport. The trustees consider that an audit is not required for the year under section 152 of the CharStles Act 2011 and thal an independent examination is needed. Respective responsibilities of the trustees and Examiner The trustees of the charlty are responsible for the preparation of the financial statements and ensuring that the accounting records of all group undertakings are kept in accordance with the Charities Act section 137. It is the responsibillty of the Examiner to follow the procedures laid down in the general Directions given by the Charity Commission under section 152 of the 2011 Act when examining the Flnancial Statements and to state whether any particular matters have come to attention. Independent Examiner's Report I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that: al Accounting records were not kept in accordance with section 137 Charities Act 2011. bl The Financial Statements do not accord with those records. cl The Flnancial Statements have not been prepared in accordance with the charities Statement of Recommended Accounting Practise. dl There are matters that should be drawn to your attention to enable a proper understanding of the Financial Statements to be reached. Samir shah FCA, ATII Ramon Leo Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA Date -1710 11,-1(}:)4 THE CHILTERNS DIAL.A-RIDE Financial Statements for the year to 31 March 2024 STATEMENT OF FINANCIAL ACTIVITIES - 31st March 2024 31st March 2023 Unrestricted funds Restricted funds Total funds Unrestricted funds Restrlcted funds Total funds Note INCOMING RESOURCES Donations and fundraising 69.333 69,333 8.000 77,(K)O 85,000 TOTAL INCOMING RESOURCES 69,333 69,333 8.000 77,000 85,000 RESOURCES EXPENDED Charitable Actlvities 69,225 69.225 7,0 301 44.917 51,917 Governance Costs 300 300 301 TOTAL RESOURCES EXPENDED 69,525 69,525 7,301 44,9J7 52,218 NET INCOMEIIEXPENDITUREI 169,S251 69.333 {1921 699 32,083 32,782 Transfers between funds: 69,225 69.2251 NET MOVEMENT IN FUNDS {300) 108 {1921 699 32,083 32,782 Funds at 1st April 2023120221 7tsJ 32,083 32.783 FUNDS CARRIED FORWARD 400 32,191 32,591 700 32,083 32,783 The notes on pages 7 to 8 form part of these accounts. THE CHILTERNS DIAL-A-RIDE Financial Statements for the year to 31 March 2024 BALANCE SHEET Note 31st March 2024 31st March 2023 ASSETS Current assets.. Bank and ta5h Debtors 32,831 GO 33,083 Less Current Liabilitie5: Amounts due within oneyear 300 300 NET CURRENT ASSETS 32,591 32.783 TOTAL NEf ASSETS 32.591 32,783 CHARITYFUNDS Aestrieted Reserves Unrestrlcied Reserves 32,191 41x1 32,083 700 TOTAL FUNDS 32,591 32,783 The financial statement5 have been approved by the twstees and are signed on thelr behalf by,. Chairman: D. Ouvry Date Treasurer: J Makin50n Date The notes on pages 7 to 8 form part ofthese accounts. THE CHILTERNS DIAL-A-RIDE Financial Statements for the year to 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS I. ACCOUNTING POLICIES a) Basis of preparation The financial statements have been prepared in accordance with the Charity's C.l.O. governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin£ their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing from l January 20191. The charitable company is a Public Benefit Entity as defined by FRS 102. The financi31 statements are prepared in sterling. which is the functional currency of the charitable companv. Monetary amou nts in these financial statements are rounded to the nearest £. The financial statements have been prepared urider the historical cost convention, modifiod, where appropriate, to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policie5 are set out below. Flnancial Instruments The charity only has financial assets and financial liabilities of a kind that quallfy as basic financial instruments, Basic financial instruments, including trade and other debtors and creditors, are inltially recognised at transaction value and subsequently measured at their settlement value. Debtor5 Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at Bank and in hand Cash at bank and in hand includes cash and short-term highly Ilquid Investments with a short maturlty of three months or less from the date of acquisition or opening of the deposit or similar account. Credltors and Provlsions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measure or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discount due. bl Going concern Having reviewed the future grants receivable to The Chilterns Dial-a-Ride, together with the expected ongoing demand for the entities service offerings, the trustees have a reasonable expectation that The Chilterns Dial-a- Ride has adequate resources to continue its aclivities for the foreseeable future. Accordingly, they contlnue to adopt the going concern basis in preparing the financial statements. cl Income recognition policies Income from donations and special efforts are recorded as they are received. Grant income is included when the related condition for legal entitlement to the grant has been met. Grants and donation5 for specific purposes are shown as Restricted Funds in the Income and Expenditure Account and Balance Sheet until they are utilised for the purpose intended, when they are transferred to Unrestricted Funds. Contract income is included when the relevant performance conditions within the contract have been met. All other income is recorded on a receivable ba515. THE CHILTERNS DIAL-A-RIDE Financial Statements for the year to 31 March 2024 NOTES TO THE FINANCIAL STATEMENTS Continued DONATIONS AND FUNDRAISING 2024 2023 Restricted Donations 69.333 77,000 Unrestricted Donations 8.000 69,333 85.000 CHARITABLE ACTIVITIES 2024 2023 Donations to Chiltern Dial a Ride Ltd 69,225 51.917 69,225 51,917 GOVERNANCE COSTS 2024 2023 Independent Examiner's fees 300 300 300 300 RESTRICTED FUNDS 2024 2023 Restricted Revenue Donations brought forward Restricted Revenue Oonations received in the year Restricted Revenue Donations Utilised 32,803 69,333 {69,2251 77,￿0 144,9171 Restricted Revenue Donations carried forward 32,911 32,083 RELATED PARTY TRANSACTIONS There were no related party transactions during the year {2023: £nil).