BISHOP'S STORTFORD COMMUNITY TRANSPORT CIO ACCOUNTS YEAR ENDING 31st MARCH 2025 REGISTERED CHARifY NO. 1172934
Bishop's Stortford Community Transport CIO Trustees Annual Report for the Year.Ending 31" March 2025 Reforenco and Administration Datails Charity Name Bishop's Stortford Community Transport CIO Charity Number 1172934 Company Number CE009924 Charity Address The Old Monastery, Windhill, Bishop's Stortford, Herts, CM23 2ND The Trustees managing the charity Vre as follows.. V Bateman G Goldspink (Resigned 23 October 2024} R Holloway J Holme (Appointed 24 July 2024, Resigned 28 July 2025) J Parker J Skinner K Wood Structure, Governance and Management The Bishop's Stortford Community Centres CIO is governed by a Constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees and the trustees are appointed as follows: i) Beeen the and seven trustees appointed by charity trustees ii) Between zero and three trustees nominated by Bishop's Stortford Town Council The Trustees administer the charity and meet quartedy. Objectives and Activities The objects of the CIO are to provide transport facilities for the residents of Bishop's Stortford and the surrounding area for people who have special need of such facilities because they are elderly, poor or disabled, people with young children or those living in isolated areas where there are no adequate public transport facilities. The Trustees have had regard to the Charity Commission's guidance on public benefit. Achievements and Perfomiance This is detailed in the attached report by the Chairman of the CIO. Financial Review Bishop's Stortford Community Transport CIO takes a flexible approach to reserves and does not assign a set amount that must always be held in general reserve. Funds held in an eamiarked reseNe will only be used for the purpose of the earmarked rèserve. Reserves are held in instsnt access and notice accounts in order to fund day to day operation and maximise interest received. No funds are in deficit and amounts can be found under Statements of Assets and Liabilities. Page2of5
Independent Examiners Report to the Trustees of Bishop's Stortford Community Transport CIO I report on the accounts of the CIO (Charity No. 1172934) for the year ending 31st March 2025, vthich are set out on pages 4 and 5. Respective spOnsIbIlItieS of Trustee and Examiner The Charity's trustees are responsible for the preparation of the accounts. The Charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to- examine the a¢¢ounts under section 145 ofthe Charities Act, to follow the pro¢edures laid down in the general Directions given by the Charity Commission (under section 145(5)(bl of the Charities Act., and to state whether particular matters have come to my attention. Basis of Indopondent Examiners Report My examination was carried out in a¢¢ordan¢e with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Charity and a Comparison of the acGounts present with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees Conceming any such matters. The procedures undertaken do not provide all the evidence that would be reqUId in an audit, and consequently no opinion is given as to whether the accounts present a Irue and fair, view and the report is limited to those matters set out in the statement below. Independent Examiners Statsment In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect.. accounting records were not kept in accordance vrfith section 130 of the Charities Act or the accounts do not accord wth the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed Dated 0110812025 Print Narne Martin Brooks Address Gold Stag Accounts Ltd Suite 1 The Coutyard The Old Monastery Wndhill Bishop's Stortford Hertfordshire CM23 2ND Page3of5
Bishop's Stortford Community Transport CIO Receipts and Payments For the Year Ending 31st March 2025 2025 2024 Restricted Unrestricted Total Funds Total Funds Fund Fund Recelpts VAT Receipts Minibus Lettings Fares Revenue Grants Received Miscellaneous Income Reimbursed Expenses Interest Received Appeals & Donations 15,138 7,633 46,786 10,500 3,851 6,719 1,276 17,996 15,138 7,633 46,786 11,625 3,851 6,719 1,276 17,996 24,766 6,348 45.467 9,410 11,925 3,728 2,053 25,064 1,125 Total Receipts 1,125 109,899 111,024 128,761 Payments VAT Payments Wages Employers Pension Staff Training Staff Expenses Staff CateringlHospitality Other Staff Related Costs Insurance Equipment Vehicle Maintenance Costs Vehicle Repla¢ement Fuel and Oil Road Fund Licence Vehicle Insurance Printing & Stationary Marketing Subscriptions Bank Charges AccountinglAdministration Professional Fees Other Supplies & Services Cost Reallocations 8,025 30,816 134 43 8,025 30,816 134 43 13,090 30.802 260 164 226 469 1,463 14,253 164 226 469 1,463 14,584 96 440 664 5,879 37,000 7,718 379 11.508 329 331 1,000 7,188 393 11,776 553 8,188 393 11,776 553 215 192 17,324 70 195 215 192 17,324 70 195 445 191 13,300 65 235 Total Payments 93,499 94,830 122,401 Net RecoiptsllPayments (206) 16,400 16,194 6,360 Transfer Between Funds 375 (375) Cash Funds from Last Year End 10,375 10,375 4,015 Cash Funds this Year End 169 26,400 Page4ofS
Bishop's Stortford Community Transport CIO Statement of Assets and Liabilities For the Year Ending 31st March 2025 2025 2024 Restricted Unrestricted Total Funds Total Funds Fund Fund Cash Funds Lloyds Current Account Lloyds Call Account Lloyds Treasury Account Float 8,446 102 17,812 40 8,446 102 17.981 40 10,235 100 169 40 169 26,400 26,569 10,375 Other Monotsry Assets Monies Due to Charity at 31103 1,453 1,453 8,943 Liabilities Monies Owed by Charity at 31103 169 1,240 1,409 4,152 Investmont Assets None Approved for and on Behalf of Bishop's Stortford Community Transport CIO on behalf of all the Trustees Signed Print Name Signed Dated Print Name Page5of5
Bishop's Stortford Community Transport CIO Chair's Report 2025 It gives me great pleasure to present the Chair's Report for 2025. This year has been one of both challenge and change for Blshop's Stortford Community Transport (BS CIO): but also one of reslllence and new opportunities. We were deeply saddened by the resignation of long-standing Trustee George Goldspink due to ill health. he sadly passed away in March 2025. George's commitment, wisdom, and good humour made a lasting contribution to Bscf CIO, and he will be greatly missed. In July, Trustee Juliet Holme also resigned, leaving two Trustee vacancies to fill. After many years of partnership, Age Concern (New Apton Day Centre) concluded their self-drive minibus hire with Bscf in May 2025, having chosen instead to lease their own vehicle (a trend that appears to be increasing among community groups). This marked something of a watershed moment for the CIO, as the very first minibus was origlnally purchased in 1983 prlmarlly to support Age Concern. With demand for self-drive hire now declining, and the cost of maintaining three vehicles proving unsustainable, Trustees made the decision to reduce the fleet from three minibuses to two. This year also marked the end of another era as Fordyce Furnival, the long-time sponsor of the Stortford Shuttle, stepped down. We thank them slncerely for their support and welcome new sponsors for 2025/26: FfvET, Bishop's Stortford Orthodontists, and Bishop's Stortford BID. Their contributlons will help ensure the continued operation of the Stortford Shuttle. We are grateful to Tesco Stronger Starts for awarding Bscf CIO a grant of £1,500, which has supported fuel and maintenance costs, keeping the Shuttle on the road and affordable for our passengers. We are also grateful to Bishop's Stortford Town Council, which operates the service and maintains the finances on a day-to-day basis. The CIO reimburses the Council for the cost, however the fee is largely offset by a grant from the Council for whlch we are most thankful. We are especially grateful to the dedicated staff at the Council and the drivers who, in practice, do all the hard work of keeping the services going. Although 2025 has brought sadness and signif5cant operatlonal changes, it has also opened new opportunities. The continuing success of the Stortford Shuttle demonstrates the importance of community transport in Bishop's Stortford. On behalf of the Trustees, I would like to thank our staff, drivers, passengers, sponsors, and supporters for their loyalty and encouragement. Together, we continue to make a real dlfference to the lives of local people.