BISHOP'S STORTFORD COMMUNITY TRANSPORT CIO
ACCOUNTS
YEAR ENDING 31st MARCH 2022
REGISTEREDCHAWTY NO. 11m34

Bishop's Stortford Community Transport CIO
Trustees Annual Report for tho Year Endlng 31" March 2022
Reference and Admlnl$tratlon Dgtalls
Charity Name
Bishop's Slortford Community Transport CIO
Charity Number
1172934
Charity Address
The Oks Monastery, ￿ndhill, Bishop's Slortford. Herts, CM23 2ND
The Trustees managitYJ the charty were 85 follows"
Cllr J Barfoot
Cllr P Dernonli IResigned 161 May 2021)
Mr C Gauld-clark
Cllr R Gilbert (Reslgned 3rd May 20221
Prof G Goldspink
Mr C Richardson
Mr K Wood
Structur•, Governance and Managemgnt
The Bishop's Stortford Community Centres CIO is govemed by a Constf(ulion of a Charitable Incorporated
Org8ni$ation whose only voting members are its charity trustees and the trustees are appointed as follows..
il Be￿een five and seven Irustoes appolnlgd by charity trustees
ill Between zero and two tnJstees nominated by Bishop'$ Slortford Town Counal
The Trustees administer the charity and meet quartedy.
Objects and Activltl•$
The Obj￿ (Jf the CIO are to Fffovide transport facilitias for the residents of Bishop's Stortford and the
surrounding area for people who have speual need of such facllilies because they are elderly. poor OT disabled,
people wf(h young childron or those living in isolated areas wherg tharg are no adequate public transport
fa￿1￿0$.
Achl•v•m•nts and perfo￿an¢•
This is detailed in the attached rèport by the ChaiThan of the CIO.
Flnanclal Review
Bishop'$ Slortford Communty Transport CIO maintains its reserves belween an Instsnt access savings account
and a notice account in order lo fund its day to day operation and maximise interest recewed. No fvnds are in
deficit.
Page2of5

IndoPond•nt Examlnorn Report to tho Trusteos of Bl8hop'$ PAortford Cornmunlty Transport CIO
l report on the accounts of the CIO ICh8rlty No. 1172934) for the year endlng 31st Mard) 2022. whth are set
out on pag•$ 4 and 5.
RMpKtlv• rnswNilxlltiw of TnMt•• and Examin•r
Tho ChariV$ tvuslees are re5pon$lbJe for.the PTepar*n ofthe ac¢ounts. The Charfty's tru81ee8 cons￿*r that
an audit 1$ not 1gquir8d for this year undèr sa¢tion 144 of th8 CharlUe$ Act 2011 (the Chaiilies Acll and that an
Inaependenl 8XAmination Is needed.
It Li my ffjsponsibdty to..
examine the accounts under sedon 145 ofthe char￿e$ Ad.
to follow the procedures laid down in the general Directiorts given by the Charity Comml88*)n (under se¢tion
14515llb) of the Charities Act and
lo state vkneth¢r p8￿Cular mattsr¥ have C￿rne to my attenlion.
8a¥l• of Ind•p•Dd•nt Ex•mln•rn R•port
My examinali¢)n was ¢at¢ied out in &C￿ra3￿ce wllh the Ger*ral Directions glven by the Charity Commission.
examinatKJn include8 a review of the accounting re￿rdS kept by th& Charity and a comparf8on of the accounts
present with those records. 11 also includes consideralp)n of any unusual items or disck)sure$ in the aCC￿nts,
and seeki￿ explanallons from you as Truste￿ concemlng any 8u¢h matter8. The procedures undertaken do
not provkle all the evKJence that %￿Uld be required Tn an audit, and ¢on$equ&ntly no opSnic•n 48 given as to
whether the 8ccounts PTesent a Irue and fairf ￿eW and the report is limited lo those mottws 8et out in th•
ststement below.
Indopgnd•nt Ex•mln•rs Stat•mont
In conne¢Oon wrth my examination. no matsrial matters have ￿rne to my attentlon ￿1¢h glve8 me raus¢ to
bolw8 that in. any matsrial fespecl..
a¢¢ounting r•cords w&r• not bpt ni a¢¢ordan¢e with section 130 of the Charittes knl c
tho ￿￿￿nts Ijo not a¢¢oTd wlth ts a¢¢ounting
I havo ¢om& a¢ros$ no olhw matt•rs rn
order to enable a proper understanding
rLectK)n wth the examination to altenllon 8hould be drwn in
unts to be reached.
S￿ned
Print Namè
Stuart W J Wlbur
Address
10 Downland Road
Calne
Immshire
SN11 OET
Page3ofS

Blshop's Stortford Communlty Transport CIO
Receipts and Payments
For the Yoar Ending 31sl March 2022
2022
2021
Restricted Unrgstricted Total FuThls Total Funds
Fund
Fund
R•colpts
VAT Recelpts
Minibus Letting5
Fares
Revenue Grants Received
Miscellaneous Income
Reirnbursed Expgnsas
Interast Received
Appeals & Donations
7,362
9.252
7.362
9,252
38.974
27.257
417
3,695
108
22,478
5,634
1,620
34,592
28,907
36,974
27,087
278
3.367
170
139
328
3.048
479
27.206
22,478
Total Re￿IptS
17,253
109,543
Payments
VAT Payments
Wages
Employers Penslon
Stsff Expenses
staff CaleringlHospitality
Insur8n¢g
Equipment
Vehicle Maintenan¢g Costs
Vehicle Replacgment
Fuel and Oil
Road Fund Llcence
Vehicle Insurance
Printing & Stationary
Marketing
Subscripllons
Bank Charges
AccounlinglAdmlnistration
Professional Fees
Other Supplies & Services
Cost Reallocations
9,548
94
9,548
31,853
221
225
25
5,286
30,618
284
21
54
499
579
9.983
31,759
221
225
25
691
19,027
14,995
6,665
291
4089
136
38
92
192
11,518
59
4,547
564
59
3,890
750
22,917
14,995
8,325
436
6,341
200
38
175
196
11.753
60
4,547
1.660
145
2.252
64
5,836
770
5,640
26
145
180
11,753
368
150
278
83
235
Totsl Payments
95,109
18,060
113.169
72,470
Net Rec•iptsllPaym•ntsl
{2.8191
18071
13,6261
29.016
Transfer Betwean Funds
1,667
11,6671
Cash Funds from Last Year End
98,720
5.040
103,760
74.744
Cash Funds thls Year End
100,134
103,760
Page4of5

Blshop'$ Stortford Community Transport CIO
ststement of Assets and LiabilitiOS
For the Year Endlng 31st March 2022
2022
2021
Restricted L*nrestricled Totsl FU￿1$ Total Funds
Fun¢J
FUNI
Cash Funds
Lloyds Current Account
Lloyds Call Account
HT8 Noti￿ Account
Float
2,566
10.100
39,474
50,520
40
12.823
40.445
50.452
40
39,474
50,520
97.S68
2.566
11x1,134
103,760
other Monetary Assets
Monles Due to Charity al 31103
5,000
3.703
8,703
1.294
Llabllltl•s
Mcnles Owed by Charity al 31103
2,108
2,713
1,292
Investment Assets
None
Approved for and on Behalf of Bi$hop'$ Stortford CommLFnity Transport CIO on beha
of all the TTusle8S
Signed
Dated li
Print Name
Slgned
Dated
Print Name
P8ge5of5

## **Bishop’s Stortford Community Transport CIO Chairman’s Report October 2022** 

Let me begin this Chairman’s Report with thanks. Firstly, my thanks to all the staff and Trustees who give their very best to the CIO which provides such a great service to the people of Bishop’s Stortford.  Secondly, I would like to thank Ralph Gilbert, for many years of outstanding service as a Trustee who has had to resign his position due to failing health: Thank you, Ralph, we will need to search hard for a new Trustee to replace you. 

This report will not be like those of the past as, sadly, we are hitting some very difficult times. In the past year we have lost a great asset, the Fiat Ducato, our only low floor bus, which was very popular with our elderly passengers and drivers alike. Due to ongoing expensive maintenance issues, it became uneconomical to repair and the CIO therefore had no choice but to sell the bus. This means that customers have to negotiate steep steps, and the drivers have their work cut out, manually opening and closing the side entrance door, pulling down the steps, helping customers with their shopping trolleys and finding space for these on board the bus. 

We do have finance in place for the replacement for the Ducato, but supply chain delays mean that we still do not know when the bus will be delivered. 

The most difficult issue that we will have to contend with is the withdrawal of funding by East Herts Council. As a part of this funding was specifically for the Hadham Hopper, it means that the future of this service is now under review. The funding gap will need to be addressed this year and we will be seeking to maximise sponsorship of the vehicles as this can provide a reliable income stream. However, until we have the new bus, we cannot sell advertising space, so we are having to face a great deal of uncertainty at the moment. 

Given this set of circumstances the year ahead looks challenging, but we have faced difficulties in the past, and I feel certain that staff and Trustees will rise to the challenge and continue to give their best for the residents of the town. 

John Barfoot Chairman