ILf4RACOMBE & DISTRICT
COMMUNITY IRANSPORT
AS8()CIATION
TRUSTF,Tr.S' REPOR'f AP4D FINANCIAL S'I'ATEMLI LNTS
FOR THI Yfi.AR FNDED 31ST MARCH 2024
CHARITY NUMRF.R 1174976
APB ACCOUNT ANTS L TD
1-5MARKETS
IJARE
ILFRACOMBE
EX34 9AU

ILFRCOPIIBE & DISTIUCT COMMUNITY TRANSPORT ASSOCIATION
CHARITY NUMBJI,R l J74976
CON'I'LI NI'S
Page
L,egal and administrative infoi'mation
Ti'ustee5 report
Independent examiner's report
Statement of fiiianvial activities
Balance sheet
Notes to the findnLial stateinenls

Ilfracombc & District Coinvnunity Ti'aiisi)ort Assuciatloll
Charity f4iimber 1174976
Legal aiid #dininistrative infoi'mation
Status
The charity is an incoi'poi'atcd a8$0ciation governed by a constitutioii dated 4 October 2017 and
prcviously govei'ned a8 an Liiiincorpoi'dtcd association as charity 279975 by a constitution datcd 15
April 1980 aiid amended on 20 Septe1￿be1. 1980 aiid 8 Mairh 1994.
Chai-ity Numbci.
1174976
Registei'ed office
4 Aveniie Road
I IlraLombe
Devon
EX34 9AT
Ti'i15tees
B Piercy
J V Bank.s
M CondlifFe
S Piei'cy
C.haii'person
"ri'easurei.
Secirtary
Trustee
Accoiinlanls
APB Accounlanls Ltd
1 5 Market Square
Ilfracombe
Devon
IX34 9AU
Bankers
Natwest Bank PIC
135: 1.ligh Street
Ilfi-acombe
Devon
EX34 9FIA
Saiitandei-
43 High Siirct
Bariistaple
Devon
EX31 IHJ
Pag¢ I

Ilfi'ficombe & Distriet Community Triin51)ort A.4sociatioIi
Cliarity Nuinber 1174976
RLPOI't of tlic trllstLes
oi. the yexr ended 31 March 2024
The trustees pre8cnt their iyport aiid Ilie finanLial stateiiieiils foi. Ilie year ciided 31 Mareh 2024. The
trustee% who served dui'iiig tlie year aiid up to Ilie date of this I'opoi'l are set out ()ii page l.
Structure governanct And managLment
Governin8T doLiinienl
As from l Api'il 2018 thc Associatioii has I'un as a CIO. charity number 117496 although the
Iinincorporated charity 279975 is still open. Ti'ustees hold monthly meetings and members have
uttended Ii'aiiiiiig in govei'naiice.
'l-he Chai'ity was govei'iicd by a c()nstitution dated 15 April 1980 as ainended 30 September 1980 and 8
Mai-ch 1984. The ch<irily had officially changed it5 namc to Ilfi-acombe & District Community
11'dnsport Associdtioii and is so registei'cd with the Charity ComiMissi()n, HM Revenue aiid Custoins
and ils banke13 amnng others. Tlie Association has had irustee indcinnity insiira11ce in place sincc the
bcginning ()r 2008.
S'iriicliii'e
The chai'ity is an incorpoi'ated ti'usl. -I'o comply with Devon County Council rcquii'emeiilq tor the
graiitiiig of contracts we began opei'ating as a Chai'ilable Incorporaled Orgaiiisalion (Charity No.
1174976) iii April 2018. We have kept our chai'ilable objectives, Ti'ustees and othei. infomiation the
same as foi. Charity 279975 which we iiitend to keep as dot'maiit.
7i'uslee selection
The Ti-lislce Shirley Jnnes, Nvho was Secrelarytri'easurei. i'etii-ed at thc beginniiig of this finaiiLiiil year.
Dee Rogers also i'esigiied as a Tiiistee duc lo ill-healih. Sue Piei'cy agreed to join a5 a I'i'iislee, leaviiig
the niiinber of Ti'iistees at 4. Despitc big effoi'l.% liaving been made lo reci'uit iicw Ti'ustees,
Iinfortunately Ihei'e has heeii no success so far. Any new ti'ustees WOLild bc voted in by the existing
Iruscees followiiig indiiction. Ti'ustees give their time voluntai'ily but Llaim expenses inLurred dii'ectly
as a rcsult of their i'olc. One of the Trustees, Marlin Conliffe, i'cLeives payiiicnt for the esseiitial work
hc doe8. The Tru8lees coiisulied Cliai'ity Comimissions regiilatinns and sought legal advice about ihis
and nolified the Chai'ity Conimission in August 2023. Step% have been taken to ensure that no conflict
of intei'est cali arise
Objectives and Activities
Objeclives
The Conslitulion slates that the object of the Association sh<ill be to I'elievv pei'sons who al'e
handicapped, aged, blind or otherwise disabled by pi'ovidiiig suitable and affordable transpoit which
can, wheit necessary, be dooi'_t04qoor.
Page 2

Ilfi'acoTnbe & Di5triet Community Traiispoj't Association
Chai-ity Number 1174976
Report of tlie ti'iistees
For tlie }'eai' ended 31 March 2024
Aciiipilies
We pi'ovide transpoit for the fl'ail and disabled per50n5 of all ages to enable theni to attciid hospital (Ind
othei. medical-related appointmeiits, shoppiiig trips, social oiitiiigs, Ineetings and eveiits elc. Tli
cliarity is stalTcd by voliiiitcei's, apai't fi'om a Fleet Manager wh() is also a di'ivci. and a part liine admin
assistaiit and it is a non- pi'ofitmaking orgaiiisalion. Incomc is by Ineans of a mi5cage cliai'ge for the
use of the vehicles, which goes towaL'ds the runiiiiig costs, i.e. diesel, maintenance, in£L)I'dnce aiid
adminislratioii. Any SLlt'pliis fLinds will bc paid into cg sLparate accouiit toward5 the cost of i'eplaciiig
vehicles. 'I'lie vehicles al'c avai11c ble lar those permitled to Use them iiiidcr Section 19 and section 22
pei'mits within a 45-mile radius of Ilfi-aLombe. -l-hcy are also available for ¢nmmunily gi'oups and
priv(Ite hiiE wlien not ali'eady booked for our primary pui'pose.
Personnel:
At the beginning of 2023, Shirley Jones who had been the Secretary and Ti'easurcr for many ye<irs,
informed tlie Tru.8tee.s of her intentioii to reLii'e. I'he Ii'iistees had been looking for new premises, as
tliey feli using someone's home was no lonEei' appi'opriate and in April they agreed to L'eiit a shop in
Ilfrdcombe kligh Street. This involved woi'k and Lost lo pi'ovide furnitur'e aiid equipmcnt. In Jiine, Ilie
part time adiiiin assistant infoi'med the Trustees that She could not coinniit to work at the shop ar)d
wanted lo continue woi-king ti-oin hoine, so slie handed in her rcsignati()ii. We now lidve a new admin
as5islanl, who is settling into thc position. Dee roger8, who has been a 'fi'ustec foi. many yeai's, but has
been dealing with ill l)calth for .%ome time also resigned. Sue Piei'cy offered to join as a Trustee dnd
thi% was agyi'eed by Ihe oiliei. Ti'ustees. I"lie opei'ation of tlie serviccs, maiiitenance of tlie Ininibuses and
allocatioii of drivcrs is tlie I'csponsibility of the only full-time paid eTnployee, the Fleet Manager, who
is also a driver. Thei'e wei'e six pui'l-time paid drivers.
Achievements and perfoi'mance:
It has been a difficult year with all the changes aiid many hiii'dles have had lo be ovei'conie, but tlie
Trustees are liappy that things are now settlcd and are confident all will go well iii the futiire.
Allan Day, Fleet Manager/Driver has instigated sevei-al new projettts. Among tliem is the "Hoppei
service, which picks up passengers in all areas of the town and takes them to Ilfracombe Fligli Street or
the market on thc scafi'nnt. Hc has al.so woi'ked willi tlie Exmoor auihoi-ity to piDvide ti'ansport for
loiiely or isolated people to exploi'e the beauty of Exmoor. We continuc to I'un dll oui. esseiitial Riiig &
Ride sei'vices and our. connection with the Straw Patch Project coiitinued, regularly taking
beneficiaries to eiigage in a wide rcinge of outdooi. and iiidoor activities to the betterment of their
health and wellbeing.
Page 3

Ilfi'acombe & Di8ti'ict C.ommuiiity Tran8poi't AtriSOLlatioi)
Charity Numbcr 1174976
Ilepoi't of the TTUSteos
For thL year ended JI MAI'ch 2024
Fund-Raising:
Thei'e lias not been any fundraising this year due to tlie piEssure of dealiiig with all the changcs, bul
thei'e al'e plans lo hold a Xmas i-affle, wl)ich wi51 hopefully i'aise some fiinds.
Reserves Policy:
The Associatiun is dlways comniilled to holding enoligh i'eservcs lo deal with futlire conimilinents.
Our primary aim is to always have at least £25,000 in I'cseive Io ptiy reduiidanLy if we had to cease
opci'ating plus <lt least onc mi)nth's average expenditiire ol- £37,000. We also like to have a hcalthy
reserve for buyingJ a iiew bus in the eveiit of one of our biises siiddenly ncediiig replacing. In the past
we liad a sepai'ate "vehicle Account" biit since we changed to Sanlandei. and all the diffiLulties caused
by name changes, we have not yet been able lo do this, but effoits al'e being Inade lo i'eiredy this.
Future Developnient5:
At thc moment Qui- Fleet Manag7er is IL)okiiig for a iicw minibus to replacc one which is comin¥ lo the
end of its lite. 'I'his will be duiie witli tlic help of a donarion we have beeii pi'oinised froin a local
windfarin. A sum of £20,000 from our vehicle fund has beeii eai'mai'ked foi. this. We continiie to look
foi. opportunities to provide transpuit and all tlie beiiefits it creates for lonely and isolatcd people. The
Fleet MdiiagT¢I- 15 Luiislantly looking foi. ncw ttliable di'ivers. Tlic difficiiltitts involved in this are beiiig
able to offei. enough i'egular hours and also the high cosl of ti?iniiig diid licensiiig of new drivcrs,
whilst not being able to insi8t on commit1￿e1]i from them to contiiiue di-iving foi. us.
Serious Incidents:
The Ti'uslees repnit tl)dt thei'e have been no scrious inciden15 this yeai..
J V Banks
-l-I'easui'ei'
PHge 4

IlfrReombe & District Conimuiiity Tr￿n5p01.t Assoeiatlon
Charity Tr4umbLr 1174976
Independent exArniner's report to the Érustees on the unauditcd finaneial stateinents of
l1fr￿le0Mbe & District Commuility Ti'ansport A550ci#IiDn.
We i'eport on the accoLinls of Ilfracombc & District Community Ti?nsp(Iii Association foi. Ilie year
ended 31 Marcli 2024 set out on pages 2 to 15.
Respective i'esponsibilities of trustees and independciit examiner
As thc chai-ity's ti'iislccs you are I'espon.4ible foi. the prepai'ation of the accoiinls, you consider tliat that
¢iiidit requirement of seclioii 43(2) ot-the Lharities Act 1993 (the Act), as ameiided by section 28 of Ihc
Charities Act 2006 does not apply and that an independeiit examination is needed. It 18 our
i'espoiisibility to exaniine tlic accounts under s'eclion 43 (3)(a) of the Act, as amended: to follow the
procedures laid dowii in the General Direclions giveii by thc Charity Commission under scction 43(7)
(b) of ihe Act, as amended.. aiid to state wheihei. pai'ticiilar matters have come to oui- atteiition.
Bllsis of independent ex#miner's statement
Our examination was carried out in accoi'dance with the Oeneral Directioiis given by the Charity
Cominission. An ex&inin#lion includes a i'eview of tlie accouiiting records kcpt by the chai'ity aiid a
compai'ison of the accounts and seeking explanations from you as trustee5 Loncerniiig any siich
matters. The procediires undeitaken do not provide all the evidenLe that would be required in an audit
and coi)sequenily no opinion is given as to whethei. the accounts present a 'lrue and fair view, and the
repoi't is l ilT]iled to those matters set out in the statemont below.
Indepcndent ex#miner's statement
In connection with our examination, no Inatlers have comc to our attention..
which gives us reas()iiablc cause lo believe that iii any matei-ial respcct tlie requireiT)entS'.
to keep propel. accountingJ ItLOI'ds in accordaiice with section 41 of the Ael.. and
lo pi'epai'e accoLints whicli accord willi thc accounting recoi'd8 and to coimply wilh Ihe
aecounting requiremen18 of the Act have been mel.
PB
APB Accountants Ltd
ACCOUNTANTS
115 MARKFfsouApr
t_r rRAcq1￿ov., DEVC.TrJ .
Independent Ei xaminers
APB Accountant.8 Ltd
1- S Market Square
Ilft'acombe
EX34 9AU
TclrFJt¢.
.. 0.211 8$4$26 Fox.. tsldjl t￿.

ILFIiACOMBL & DlS'fRIC'I' COMMUNITY TRANSPORT ASSOCIATION
C.HARITY P4UMIIEII 1174976
STATEMEI NT or rilNANCIAL ACTIVITJFS FOR THE YLAII NDEI D 31 MARCH 2024
Year li nded
Ycar Ended
Incoming Resoiirces
InLoining i'esourLe5 ti'oin generatiiig funds
Voluntai'y Income
Invcslment Incomc
Oihei. ii)coming Resoiii'ces
Notes
31-3-24
31-3-23
145,436
341
149,062
76
Total Inconiing Resou rces
145.777
160711
Resoui'ces Ei xpended
Charitable activities
CJovernance Costs
166,151
149,995
168089
152 263
Net movement in funds
(22,312)
8,448
Total funds brought forward
158 121
149 673
Total funds earj'ied forivard
135 809
158 121
The statements ()f finAneial activities include all gFaiiis and losses in tlie year and therefore
separate btatement of total i'ecognised gains and losses has iiot been prcpai'Ld.
All of the #bove amounts relate to continuing activities
Page 6

Ilfracomhe & Di.%trict Community Trai)sport A550Clation
Charity Numbej. 1174976
BalJnLe Sheet
As at 31 March 2024
3110312024
3110312023
Fixed Assets
Tai)giblc assets
Current Assets
t)ebtors
Pi'epayineiits & accrued income
Cagh at bank and in hand
47,691
60,047
7.364
5,891
6,011
92,549
99,173
Creditors: amnunts falliiig due
Jvitliin one year
Nct Current A55ets
Net Assets
135 809
158 121
r<unds
Restricted income funds
Unre5tricled income funds
158,121
158,121
Total funds
135 809
158 121
Tlie finaiicial statements were approved by tlie trustee5 011
and signed on its belialf by
Ti'ustee
Pa%e 7

Ilfracoiiibe & District c.ommunity Transport A55oLiatioii
Cliarity Number 1174976
Notes to financiul stxtenieiits
For the ye#i' eIided 31 Illai-cli 2024
Aeeounting pnlicies
The principal accounting policies are summai'ised below. "rhe accouiiting policie.s have been
applicd consi.stently thioughout the yeai. and the preceding period.
Basi5 of accounting
The financilll statements are prepai'ed iindei. the historical cost Loiivention, except for tlie
revaluatiun of ceitain fixed asscts aiid except f()I' investments which are incliided at marlcet
value, and in accoi-danee with tlie stateinent uf. IlecoiT]ii)ended Pi'aclice 'Accounting and
Repoiting by C5)ai'ilies' i55ued in March 2005 (SORP 2005) and the Charities Act 1993.
Cashflow
I"lie charity lias takeii advantage of the exeinption in FRS102 fi'om the i'cquii'einent to pi'odiice
a cashflow statement because it is a sinall cliai'ity.
Fund accouiiting
lJi)I'csti'icted funds al'e dunalions and othci. incoming resources receivable or genei'ated for thL
objects ofthe chai'ity withoiit fiii'iher %pecifi¢ pui'pose and which the chai'ity Inay use for ils
PUI'POse at ils discretion
Desigynaled fuiids ait subjected to resti'ictions on Iheii. expeiiditure imposed by tlie donor or
through the terms of an appeal.
Endowmeiit fund5 are retained intact and must not bL spent.
Page 8

IirraLombc & Disti'ict Commuiiity Tran5POI't AssociAtion
Charity Nuniber 1174976
Notes to finaiicial stAtemeiits
Fi oi. the year endeil 31 Mai-eh 2024
liiLoin iIiLy i'esoui'ces
All iiicomiiig resource8 al'e included in tlie %latemeiit of finaiiLidl ac¢ivitie5 wheii the charity is
entitled lo tlie inc(Ime and tlie ainoiint Laii be qiialified willi I'easonable accui'acy. Tlie
following specific policies al'e applied to particiilai. categoi-ies of iiicome.
Voluntary income is received by way of gi'ants, donatioiis and gifts and is includd in full in
the slalemeiil of fiiiancial activities when Irceivablc. Gi'anls where entitlemeiit IS liot
conditioiial on the delivery of a specific pci'form<inLe by the charity are Itcognised wlien the
charity becomes unconditionally entitled to th¥ grant.
Donated scrvices and facilities are incliided at the value lo the charity whei'e this can be
qiialificd. The value of seivices provided by voluiiteers has not bccn included.
Gifts donatcd foi. resale ai'c included as incoining resources within activiti¢5 for genei'ating
funds when they ¢ire sold.
(iraiits, including gi'anls foi. the purchase of fixed assets, aiy recoLynised in full iii the stateinenl
of fiiiancial activities in the year in wliiLh I'hey al'e receivable.
Income from iiivestments is included in the year which it is receivable.
Resources expended
Expenditiii'e is i'ecognised on an acci'iial basis as a liabilily is incui-l'ed. Expenditure includes
any VAT which caiiiiot be fully I'eLovei'ed and is i'epoi'led as pai't of the expcnditiire to which it
reltile%.
Costs of generating fiinds compi-i%e the costs associaled with atti'actiiig voluntary income and
the costs of u'adiiig for fundraising piii'poses.
Charitable expendilure comprise% those costs iiicut'red by tlie charity in the delivei'y of 118
activitie% and sei-vices foi. ils beiieficiai'ies. It incliides both costs tliat Lan be allocaled directly
SLich aclivitics and those cn%ts of ali indirect nature necessary to SUPPOrt tliein.
Suppoi'l costs dl'e those costs incuii'ed directly in siipport of CKpenditui'e on the objects of the
charity and iiicllide project managcment.
Tangible fixed assets 8iid depreciation
Taiigible fixed assets are ￿t￿led at cost les5 accumulated depreLidlion. Depi'eciation is pi'ovided
at 12les calculated to wi'ite off the cost less i'esidual value of each asset ovei. its expccted iiseful
life, as follows:
Motor vehicles
F.quipmenl
straight line ovei. 6 yeai
150/0 iyducing balaiicc metliod
PAge 9

Ilfraeoinbe & Distriet Cuiiiiiiuiiity I'j-ajispoi't Associatioii
Charity P4iimbei' 1174976
Notes to findiicial statements
rior the year cnded 31 Mai'ch 2024
Voliintary income
Year
endcd
3113n4
y¢￿1-
ended
31n123
Riiig & Ilide fai'es
Late Niglit Blis fares
Town Bus
Private Iiire
Passcngcr Club fai'es
Gi'ant Ir)Loine
[￿ul]d Raising
Oiliei- gi'ants & donations
Otl)er iiicome
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
1,428
988
145 436
762
687
149 062
Investments income
Year
endcd
3113124
Total
Year
ended
3113123
Total
Bank intei-est received
341
341
76
76
Other incoming resourc
Year
ended
3113124
Total
Year
ended
3113ll3
Total
Sale of Vehicle5
VAT & fuel rebtlte
6,138
Page 10

Ilfi'il combL & Di%'li'ict Coininuniti, Transport Association
Cliaj'ity Numbei. 1174976
Notes to linanLial statcmeiitS
rioi. the yeai- ended 31 March 2024
Costs uf chai'itable activities- by I'ulid type
Year
eilded
Ye#i'
ended
3113123
1.0t￿1
3113124
Ti)tal
Veliicle opei'ation
166,151
149,995
Costs of chai'itable activitics - by aetivity
Yeai.
ended
3113123
Total
Activities
undei'taken
dii'ectly
ended
Suppoi-t 3113124
Losts
Total
Vehicle opei'ation
153,304
12,847 166,151
149,995
Governance costs
Year
ended
3113124
Year
ended
3113123
Total
Indepciident cxaminer's fttes 2022123
Independeiil exai)iinei s fees 2023124
'I'ruslee's indeit]nily insuraiice
900
1,320
948
Pagell

Ilfi'Acoinbe & District Community TraJ15port Associatioii
C.hai'ity Numl)cr 1174976
Notes to fii)ancixl statemcnt.
rioi. thc year ended 31 Mareh 2024
Analysi¥ (If support costs
Year
ended
3113124
Totiil
Year
ended
3113123
I'otal
Slaifcosls
Rent
Admini.slration costs and advei'tising
Ollice costs
Miscellaneoiis expense5
1,695
5,350
2,834
298
1,685
1,000
3,174
185
895
ri.mploycLs
Employment costs
Yeai.
ended
31￿123
ended
3113124
Wages and salaries
Othei- cos15
77,693
69,644
No employee I'eceived emoluments of moL'e Ihaii £60,000
Number nf employees
The avei'age monthly numbeis of employees (including the ti'ustees) dui'ing the yeai., calculated
on the basis of lull-time equivalenls, was as follows..
Year
ended
3113124
Number
Period
ended
3113123
Number
Drivers
Othei's
Trustees
No I'emunei'ation or expenses wei'c paid to Il)e tl'LI.Stees this year.
Page 12

Iit'rAcombe & Distriet Com niunity Triinspoi't AsSOClation
Chai-ity Nuniber 1174976
Notes to findiiLial stateiments
oi- the year ended 31 Mai'ch 2024
TAngible fixed assets
Fixtui-e5, fi ittings
& Equipment
Motor
vchiclLS
Total
Cost
At l April 2023
Additions
Disposals
203 658
212.658
2,082
2,082
At 31 March 2024
203 658
214 740
Depreei#tion
Ai l Api'i12023
Charge foi. the year
148 336
152 611
At 31 March 2024
161931
167258
Net book values
At 31 Marcli 2023
At 31 Mai'ch 2024
12.
Debtors
3113124
3113r23
Ti'ade debtors
13.
Crcditfhrs: amounts falling due
Ivithin one year
3113124
3113123
Trade cieditors
Accruals and dcfeiTed income
3,731
700
95
Page 13

Ilfi-8combe & DistriLt CoIiimunity Traiisport Association
Lliarity Tr4umber 1174976
Nutes to finAnLial statenieiits
rior the year eiided 31 MarLh 2024
14.
Analysis of net assLts betweeii funds
UnrestriLted Restricted
Funds
funds
Total
funds
Fund balances at 31 March 2024 as i'epi'esented by..
I'angiblc fixed assets
Curi'cnt assets
Cui'i-eni liabilitie5
47,691
92,549
47,691
92,549
135 809
135 809
15.
Unrestricted funds
At
At
l April Incoming Outgoiiig
31 March
2023
resources rL.sources TrAnsfters 2024
Unresti'ieted Fund
Minibus replacement fuiid
89,007 145,777 168,089
69,114 135,809
158 121
145 777
168089
135 809
Purposes of unrestrictcd funds
I'hc Unrestricted fund is for the general operati()n of the charity.
The Minibus Irplacemeni fuiid is a designated fund for i'eplacing the veliiLles. These have a
Iiseful life of approxiiDately 6 years. Thc charity ()wns a total of nine miiiibuses. Net funds
l)ave becn ti?nsferred to this luiid fi'om the gcnei-al fund to provide additional iesources for the
balance of the Losl nol funded by Eraiits.
Page 14

Ilfraconibe & Distl'ict Commuiiity Traiispoi-t Association
Charity Number 1174976
Notes to Iiilancial statements
lor the ye%r ended 31 Mai-Lh 2024
16.
Restricted funds
At
l April Jncoming Outgoiiig
2022
resoui-ce5 J'esoui'ces
At
31 March
2023
Minibus Rc8tricted Fund
Page IS

Ilfi-acombc & Di8ti'ict Commuiiity traiispoi-t AsSULiatioii
Cliarity Nun]bet' 1174976
The following page5 do not farm part of the statutory accoull¢s.

Cliai'ity Nuni bei. 1174976
D¢tailL(I statemciit ()f financial activitie5
For the year ended 31 March 2024
Year El iicled
Year fi nded
3110312023
3110312024
Incorning resourc05
Incomiiig resources from generating funds:
Yoluniuiy income
Ring & Ridc fai'es
Late Night Bus fare8
Town Bu%
Pi-ivale hii'e
Passengcr Club fare8
Cyl'anl Income
Fiiiid Raisiiig
Oihei. gi'ants & donations
Otlier incoine
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
63,257
1,428
988
145 41()
762
687
149 062
InveslMcJni Income
Bank interest received
341
341
76
76
Total ineome i'e50ur£es from generating fund5
145 777
149 138
Otlier incoming5 resoui'ces
VA'I. & fLicI rebate
Sale of Vehiclcs
5,435
6,138
I'otal Incoming resources
145 777
Page 17

Ilfracijnibc & I)isti'ict Comiiiuiiity .1 i'Anspoi't Association
Charity NuEnber 1174976
Detailed statement of finaneial activities
Foi. the year enilcd 31 Mai'Lh 2024
Year fi,nded
3110312024
Year f4 nded
3110312023
Charitable Activities
Vehicle OPLraÉion
Aclivilies iintlep'laken clii'ecily
Wages & Salai'ies
Maii)lenance
Fuel
Insui'ance
Other cxpcnses
Vchicle lei15ing
Depitciatioii
77,693
23,548
23,028
69,644
19,622
27,265
7,388
1,453
1,719
4,596
153,304
143,056
Siippoi'l cosls
Staff Ti'aining
Sinrage
Bookiiig admiiiistration costs
Officc cxpeiises
MisLellaiieous
1,695
5,350
2,834
2911
1,685
1.000
3,174
185
895
Vehicle Operatii)n total expenditurL'
Total charitablL activity expeiidituI'e
166 151
166 151
149 995
149 I)95
Cytsvernance cost5
Acli17ilies undei'talien direeily
Independent examiiiei 8 fees
Trustee's iiidemnity insiirance
900
1,320
948
Total governance costs
Net Incomingl(outgJoii)g) resources foi. the yeai.
Page 18

ILf4RACOMBE & DISTRICT
COMMUNITY IRANSPORT
AS8()CIATION
TRUSTF,Tr.S' REPOR'f AP4D FINANCIAL S'I'ATEMLI LNTS
FOR THI Yfi.AR FNDED 31ST MARCH 2024
CHARITY NUMRF.R 1174976
APB ACCOUNT ANTS L TD
1-5MARKETS
IJARE
ILFRACOMBE
EX34 9AU

ILFRCOPIIBE & DISTIUCT COMMUNITY TRANSPORT ASSOCIATION
CHARITY NUMBJI,R l J74976
CON'I'LI NI'S
Page
L,egal and administrative infoi'mation
Ti'ustee5 report
Independent examiner's report
Statement of fiiianvial activities
Balance sheet
Notes to the findnLial stateinenls

Ilfracombc & District Coinvnunity Ti'aiisi)ort Assuciatloll
Charity f4iimber 1174976
Legal aiid #dininistrative infoi'mation
Status
The charity is an incoi'poi'atcd a8$0ciation governed by a constitutioii dated 4 October 2017 and
prcviously govei'ned a8 an Liiiincorpoi'dtcd association as charity 279975 by a constitution datcd 15
April 1980 aiid amended on 20 Septe1￿be1. 1980 aiid 8 Mairh 1994.
Chai-ity Numbci.
1174976
Registei'ed office
4 Aveniie Road
I IlraLombe
Devon
EX34 9AT
Ti'i15tees
B Piercy
J V Bank.s
M CondlifFe
S Piei'cy
C.haii'person
"ri'easurei.
Secirtary
Trustee
Accoiinlanls
APB Accounlanls Ltd
1 5 Market Square
Ilfracombe
Devon
IX34 9AU
Bankers
Natwest Bank PIC
135: 1.ligh Street
Ilfi-acombe
Devon
EX34 9FIA
Saiitandei-
43 High Siirct
Bariistaple
Devon
EX31 IHJ
Pag¢ I

Ilfi'ficombe & Distriet Community Triin51)ort A.4sociatioIi
Cliarity Nuinber 1174976
RLPOI't of tlic trllstLes
oi. the yexr ended 31 March 2024
The trustees pre8cnt their iyport aiid Ilie finanLial stateiiieiils foi. Ilie year ciided 31 Mareh 2024. The
trustee% who served dui'iiig tlie year aiid up to Ilie date of this I'opoi'l are set out ()ii page l.
Structure governanct And managLment
Governin8T doLiinienl
As from l Api'il 2018 thc Associatioii has I'un as a CIO. charity number 117496 although the
Iinincorporated charity 279975 is still open. Ti'ustees hold monthly meetings and members have
uttended Ii'aiiiiiig in govei'naiice.
'l-he Chai'ity was govei'iicd by a c()nstitution dated 15 April 1980 as ainended 30 September 1980 and 8
Mai-ch 1984. The ch<irily had officially changed it5 namc to Ilfi-acombe & District Community
11'dnsport Associdtioii and is so registei'cd with the Charity ComiMissi()n, HM Revenue aiid Custoins
and ils banke13 amnng others. Tlie Association has had irustee indcinnity insiira11ce in place sincc the
bcginning ()r 2008.
S'iriicliii'e
The chai'ity is an incorpoi'ated ti'usl. -I'o comply with Devon County Council rcquii'emeiilq tor the
graiitiiig of contracts we began opei'ating as a Chai'ilable Incorporaled Orgaiiisalion (Charity No.
1174976) iii April 2018. We have kept our chai'ilable objectives, Ti'ustees and othei. infomiation the
same as foi. Charity 279975 which we iiitend to keep as dot'maiit.
7i'uslee selection
The Ti-lislce Shirley Jnnes, Nvho was Secrelarytri'easurei. i'etii-ed at thc beginniiig of this finaiiLiiil year.
Dee Rogers also i'esigiied as a Tiiistee duc lo ill-healih. Sue Piei'cy agreed to join a5 a I'i'iislee, leaviiig
the niiinber of Ti'iistees at 4. Despitc big effoi'l.% liaving been made lo reci'uit iicw Ti'ustees,
Iinfortunately Ihei'e has heeii no success so far. Any new ti'ustees WOLild bc voted in by the existing
Iruscees followiiig indiiction. Ti'ustees give their time voluntai'ily but Llaim expenses inLurred dii'ectly
as a rcsult of their i'olc. One of the Trustees, Marlin Conliffe, i'cLeives payiiicnt for the esseiitial work
hc doe8. The Tru8lees coiisulied Cliai'ity Comimissions regiilatinns and sought legal advice about ihis
and nolified the Chai'ity Conimission in August 2023. Step% have been taken to ensure that no conflict
of intei'est cali arise
Objectives and Activities
Objeclives
The Conslitulion slates that the object of the Association sh<ill be to I'elievv pei'sons who al'e
handicapped, aged, blind or otherwise disabled by pi'ovidiiig suitable and affordable transpoit which
can, wheit necessary, be dooi'_t04qoor.
Page 2

Ilfi'acoTnbe & Di5triet Community Traiispoj't Association
Chai-ity Number 1174976
Report of tlie ti'iistees
For tlie }'eai' ended 31 March 2024
Aciiipilies
We pi'ovide transpoit for the fl'ail and disabled per50n5 of all ages to enable theni to attciid hospital (Ind
othei. medical-related appointmeiits, shoppiiig trips, social oiitiiigs, Ineetings and eveiits elc. Tli
cliarity is stalTcd by voliiiitcei's, apai't fi'om a Fleet Manager wh() is also a di'ivci. and a part liine admin
assistaiit and it is a non- pi'ofitmaking orgaiiisalion. Incomc is by Ineans of a mi5cage cliai'ge for the
use of the vehicles, which goes towaL'ds the runiiiiig costs, i.e. diesel, maintenance, in£L)I'dnce aiid
adminislratioii. Any SLlt'pliis fLinds will bc paid into cg sLparate accouiit toward5 the cost of i'eplaciiig
vehicles. 'I'lie vehicles al'c avai11c ble lar those permitled to Use them iiiidcr Section 19 and section 22
pei'mits within a 45-mile radius of Ilfi-aLombe. -l-hcy are also available for ¢nmmunily gi'oups and
priv(Ite hiiE wlien not ali'eady booked for our primary pui'pose.
Personnel:
At the beginning of 2023, Shirley Jones who had been the Secretary and Ti'easurcr for many ye<irs,
informed tlie Tru.8tee.s of her intentioii to reLii'e. I'he Ii'iistees had been looking for new premises, as
tliey feli using someone's home was no lonEei' appi'opriate and in April they agreed to L'eiit a shop in
Ilfrdcombe kligh Street. This involved woi'k and Lost lo pi'ovide furnitur'e aiid equipmcnt. In Jiine, Ilie
part time adiiiin assistant infoi'med the Trustees that She could not coinniit to work at the shop ar)d
wanted lo continue woi-king ti-oin hoine, so slie handed in her rcsignati()ii. We now lidve a new admin
as5islanl, who is settling into thc position. Dee roger8, who has been a 'fi'ustec foi. many yeai's, but has
been dealing with ill l)calth for .%ome time also resigned. Sue Piei'cy offered to join as a Trustee dnd
thi% was agyi'eed by Ihe oiliei. Ti'ustees. I"lie opei'ation of tlie serviccs, maiiitenance of tlie Ininibuses and
allocatioii of drivcrs is tlie I'csponsibility of the only full-time paid eTnployee, the Fleet Manager, who
is also a driver. Thei'e wei'e six pui'l-time paid drivers.
Achievements and perfoi'mance:
It has been a difficult year with all the changes aiid many hiii'dles have had lo be ovei'conie, but tlie
Trustees are liappy that things are now settlcd and are confident all will go well iii the futiire.
Allan Day, Fleet Manager/Driver has instigated sevei-al new projettts. Among tliem is the "Hoppei
service, which picks up passengers in all areas of the town and takes them to Ilfracombe Fligli Street or
the market on thc scafi'nnt. Hc has al.so woi'ked willi tlie Exmoor auihoi-ity to piDvide ti'ansport for
loiiely or isolated people to exploi'e the beauty of Exmoor. We continuc to I'un dll oui. esseiitial Riiig &
Ride sei'vices and our. connection with the Straw Patch Project coiitinued, regularly taking
beneficiaries to eiigage in a wide rcinge of outdooi. and iiidoor activities to the betterment of their
health and wellbeing.
Page 3

Ilfi'acombe & Di8ti'ict C.ommuiiity Tran8poi't AtriSOLlatioi)
Charity Numbcr 1174976
Ilepoi't of the TTUSteos
For thL year ended JI MAI'ch 2024
Fund-Raising:
Thei'e lias not been any fundraising this year due to tlie piEssure of dealiiig with all the changcs, bul
thei'e al'e plans lo hold a Xmas i-affle, wl)ich wi51 hopefully i'aise some fiinds.
Reserves Policy:
The Associatiun is dlways comniilled to holding enoligh i'eservcs lo deal with futlire conimilinents.
Our primary aim is to always have at least £25,000 in I'cseive Io ptiy reduiidanLy if we had to cease
opci'ating plus <lt least onc mi)nth's average expenditiire ol- £37,000. We also like to have a hcalthy
reserve for buyingJ a iiew bus in the eveiit of one of our biises siiddenly ncediiig replacing. In the past
we liad a sepai'ate "vehicle Account" biit since we changed to Sanlandei. and all the diffiLulties caused
by name changes, we have not yet been able lo do this, but effoits al'e being Inade lo i'eiredy this.
Future Developnient5:
At thc moment Qui- Fleet Manag7er is IL)okiiig for a iicw minibus to replacc one which is comin¥ lo the
end of its lite. 'I'his will be duiie witli tlic help of a donarion we have beeii pi'oinised froin a local
windfarin. A sum of £20,000 from our vehicle fund has beeii eai'mai'ked foi. this. We continiie to look
foi. opportunities to provide transpuit and all tlie beiiefits it creates for lonely and isolatcd people. The
Fleet MdiiagT¢I- 15 Luiislantly looking foi. ncw ttliable di'ivers. Tlic difficiiltitts involved in this are beiiig
able to offei. enough i'egular hours and also the high cosl of ti?iniiig diid licensiiig of new drivcrs,
whilst not being able to insi8t on commit1￿e1]i from them to contiiiue di-iving foi. us.
Serious Incidents:
The Ti'uslees repnit tl)dt thei'e have been no scrious inciden15 this yeai..
J V Banks
-l-I'easui'ei'
PHge 4

IlfrReombe & District Conimuiiity Tr￿n5p01.t Assoeiatlon
Charity Tr4umbLr 1174976
Independent exArniner's report to the Érustees on the unauditcd finaneial stateinents of
l1fr￿le0Mbe & District Commuility Ti'ansport A550ci#IiDn.
We i'eport on the accoLinls of Ilfracombc & District Community Ti?nsp(Iii Association foi. Ilie year
ended 31 Marcli 2024 set out on pages 2 to 15.
Respective i'esponsibilities of trustees and independciit examiner
As thc chai-ity's ti'iislccs you are I'espon.4ible foi. the prepai'ation of the accoiinls, you consider tliat that
¢iiidit requirement of seclioii 43(2) ot-the Lharities Act 1993 (the Act), as ameiided by section 28 of Ihc
Charities Act 2006 does not apply and that an independeiit examination is needed. It 18 our
i'espoiisibility to exaniine tlic accounts under s'eclion 43 (3)(a) of the Act, as amended: to follow the
procedures laid dowii in the General Direclions giveii by thc Charity Commission under scction 43(7)
(b) of ihe Act, as amended.. aiid to state wheihei. pai'ticiilar matters have come to oui- atteiition.
Bllsis of independent ex#miner's statement
Our examination was carried out in accoi'dance with the Oeneral Directioiis given by the Charity
Cominission. An ex&inin#lion includes a i'eview of tlie accouiiting records kcpt by the chai'ity aiid a
compai'ison of the accounts and seeking explanations from you as trustee5 Loncerniiig any siich
matters. The procediires undeitaken do not provide all the evidenLe that would be required in an audit
and coi)sequenily no opinion is given as to whethei. the accounts present a 'lrue and fair view, and the
repoi't is l ilT]iled to those matters set out in the statemont below.
Indepcndent ex#miner's statement
In connection with our examination, no Inatlers have comc to our attention..
which gives us reas()iiablc cause lo believe that iii any matei-ial respcct tlie requireiT)entS'.
to keep propel. accountingJ ItLOI'ds in accordaiice with section 41 of the Ael.. and
lo pi'epai'e accoLints whicli accord willi thc accounting recoi'd8 and to coimply wilh Ihe
aecounting requiremen18 of the Act have been mel.
PB
APB Accountants Ltd
ACCOUNTANTS
115 MARKFfsouApr
t_r rRAcq1￿ov., DEVC.TrJ .
Independent Ei xaminers
APB Accountant.8 Ltd
1- S Market Square
Ilft'acombe
EX34 9AU
TclrFJt¢.
.. 0.211 8$4$26 Fox.. tsldjl t￿.

ILFIiACOMBL & DlS'fRIC'I' COMMUNITY TRANSPORT ASSOCIATION
C.HARITY P4UMIIEII 1174976
STATEMEI NT or rilNANCIAL ACTIVITJFS FOR THE YLAII NDEI D 31 MARCH 2024
Year li nded
Ycar Ended
Incoming Resoiirces
InLoining i'esourLe5 ti'oin generatiiig funds
Voluntai'y Income
Invcslment Incomc
Oihei. ii)coming Resoiii'ces
Notes
31-3-24
31-3-23
145,436
341
149,062
76
Total Inconiing Resou rces
145.777
160711
Resoui'ces Ei xpended
Charitable activities
CJovernance Costs
166,151
149,995
168089
152 263
Net movement in funds
(22,312)
8,448
Total funds brought forward
158 121
149 673
Total funds earj'ied forivard
135 809
158 121
The statements ()f finAneial activities include all gFaiiis and losses in tlie year and therefore
separate btatement of total i'ecognised gains and losses has iiot been prcpai'Ld.
All of the #bove amounts relate to continuing activities
Page 6

Ilfracomhe & Di.%trict Community Trai)sport A550Clation
Charity Numbej. 1174976
BalJnLe Sheet
As at 31 March 2024
3110312024
3110312023
Fixed Assets
Tai)giblc assets
Current Assets
t)ebtors
Pi'epayineiits & accrued income
Cagh at bank and in hand
47,691
60,047
7.364
5,891
6,011
92,549
99,173
Creditors: amnunts falliiig due
Jvitliin one year
Nct Current A55ets
Net Assets
135 809
158 121
r<unds
Restricted income funds
Unre5tricled income funds
158,121
158,121
Total funds
135 809
158 121
Tlie finaiicial statements were approved by tlie trustee5 011
and signed on its belialf by
Ti'ustee
Pa%e 7

Ilfracoiiibe & District c.ommunity Transport A55oLiatioii
Cliarity Number 1174976
Notes to financiul stxtenieiits
For the ye#i' eIided 31 Illai-cli 2024
Aeeounting pnlicies
The principal accounting policies are summai'ised below. "rhe accouiiting policie.s have been
applicd consi.stently thioughout the yeai. and the preceding period.
Basi5 of accounting
The financilll statements are prepai'ed iindei. the historical cost Loiivention, except for tlie
revaluatiun of ceitain fixed asscts aiid except f()I' investments which are incliided at marlcet
value, and in accoi-danee with tlie stateinent uf. IlecoiT]ii)ended Pi'aclice 'Accounting and
Repoiting by C5)ai'ilies' i55ued in March 2005 (SORP 2005) and the Charities Act 1993.
Cashflow
I"lie charity lias takeii advantage of the exeinption in FRS102 fi'om the i'cquii'einent to pi'odiice
a cashflow statement because it is a sinall cliai'ity.
Fund accouiiting
lJi)I'csti'icted funds al'e dunalions and othci. incoming resources receivable or genei'ated for thL
objects ofthe chai'ity withoiit fiii'iher %pecifi¢ pui'pose and which the chai'ity Inay use for ils
PUI'POse at ils discretion
Desigynaled fuiids ait subjected to resti'ictions on Iheii. expeiiditure imposed by tlie donor or
through the terms of an appeal.
Endowmeiit fund5 are retained intact and must not bL spent.
Page 8

IirraLombc & Disti'ict Commuiiity Tran5POI't AssociAtion
Charity Nuniber 1174976
Notes to finaiicial stAtemeiits
Fi oi. the year endeil 31 Mai-eh 2024
liiLoin iIiLy i'esoui'ces
All iiicomiiig resource8 al'e included in tlie %latemeiit of finaiiLidl ac¢ivitie5 wheii the charity is
entitled lo tlie inc(Ime and tlie ainoiint Laii be qiialified willi I'easonable accui'acy. Tlie
following specific policies al'e applied to particiilai. categoi-ies of iiicome.
Voluntary income is received by way of gi'ants, donatioiis and gifts and is includd in full in
the slalemeiil of fiiiancial activities when Irceivablc. Gi'anls where entitlemeiit IS liot
conditioiial on the delivery of a specific pci'form<inLe by the charity are Itcognised wlien the
charity becomes unconditionally entitled to th¥ grant.
Donated scrvices and facilities are incliided at the value lo the charity whei'e this can be
qiialificd. The value of seivices provided by voluiiteers has not bccn included.
Gifts donatcd foi. resale ai'c included as incoining resources within activiti¢5 for genei'ating
funds when they ¢ire sold.
(iraiits, including gi'anls foi. the purchase of fixed assets, aiy recoLynised in full iii the stateinenl
of fiiiancial activities in the year in wliiLh I'hey al'e receivable.
Income from iiivestments is included in the year which it is receivable.
Resources expended
Expenditiii'e is i'ecognised on an acci'iial basis as a liabilily is incui-l'ed. Expenditure includes
any VAT which caiiiiot be fully I'eLovei'ed and is i'epoi'led as pai't of the expcnditiire to which it
reltile%.
Costs of generating fiinds compi-i%e the costs associaled with atti'actiiig voluntary income and
the costs of u'adiiig for fundraising piii'poses.
Charitable expendilure comprise% those costs iiicut'red by tlie charity in the delivei'y of 118
activitie% and sei-vices foi. ils beiieficiai'ies. It incliides both costs tliat Lan be allocaled directly
SLich aclivitics and those cn%ts of ali indirect nature necessary to SUPPOrt tliein.
Suppoi'l costs dl'e those costs incuii'ed directly in siipport of CKpenditui'e on the objects of the
charity and iiicllide project managcment.
Tangible fixed assets 8iid depreciation
Taiigible fixed assets are ￿t￿led at cost les5 accumulated depreLidlion. Depi'eciation is pi'ovided
at 12les calculated to wi'ite off the cost less i'esidual value of each asset ovei. its expccted iiseful
life, as follows:
Motor vehicles
F.quipmenl
straight line ovei. 6 yeai
150/0 iyducing balaiicc metliod
PAge 9

Ilfraeoinbe & Distriet Cuiiiiiiuiiity I'j-ajispoi't Associatioii
Charity P4iimbei' 1174976
Notes to findiicial statements
rior the year cnded 31 Mai'ch 2024
Voliintary income
Year
endcd
3113n4
y¢￿1-
ended
31n123
Riiig & Ilide fai'es
Late Niglit Blis fares
Town Bus
Private Iiire
Passcngcr Club fai'es
Gi'ant Ir)Loine
[￿ul]d Raising
Oiliei- gi'ants & donations
Otl)er iiicome
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
1,428
988
145 436
762
687
149 062
Investments income
Year
endcd
3113124
Total
Year
ended
3113123
Total
Bank intei-est received
341
341
76
76
Other incoming resourc
Year
ended
3113124
Total
Year
ended
3113ll3
Total
Sale of Vehicle5
VAT & fuel rebtlte
6,138
Page 10

Ilfi'il combL & Di%'li'ict Coininuniti, Transport Association
Cliaj'ity Numbei. 1174976
Notes to linanLial statcmeiitS
rioi. the yeai- ended 31 March 2024
Costs uf chai'itable activities- by I'ulid type
Year
eilded
Ye#i'
ended
3113123
1.0t￿1
3113124
Ti)tal
Veliicle opei'ation
166,151
149,995
Costs of chai'itable activitics - by aetivity
Yeai.
ended
3113123
Total
Activities
undei'taken
dii'ectly
ended
Suppoi-t 3113124
Losts
Total
Vehicle opei'ation
153,304
12,847 166,151
149,995
Governance costs
Year
ended
3113124
Year
ended
3113123
Total
Indepciident cxaminer's fttes 2022123
Independeiil exai)iinei s fees 2023124
'I'ruslee's indeit]nily insuraiice
900
1,320
948
Pagell

Ilfi'Acoinbe & District Community TraJ15port Associatioii
C.hai'ity Numl)cr 1174976
Notes to fii)ancixl statemcnt.
rioi. thc year ended 31 Mareh 2024
Analysi¥ (If support costs
Year
ended
3113124
Totiil
Year
ended
3113123
I'otal
Slaifcosls
Rent
Admini.slration costs and advei'tising
Ollice costs
Miscellaneoiis expense5
1,695
5,350
2,834
298
1,685
1,000
3,174
185
895
ri.mploycLs
Employment costs
Yeai.
ended
31￿123
ended
3113124
Wages and salaries
Othei- cos15
77,693
69,644
No employee I'eceived emoluments of moL'e Ihaii £60,000
Number nf employees
The avei'age monthly numbeis of employees (including the ti'ustees) dui'ing the yeai., calculated
on the basis of lull-time equivalenls, was as follows..
Year
ended
3113124
Number
Period
ended
3113123
Number
Drivers
Othei's
Trustees
No I'emunei'ation or expenses wei'c paid to Il)e tl'LI.Stees this year.
Page 12

Iit'rAcombe & Distriet Com niunity Triinspoi't AsSOClation
Chai-ity Nuniber 1174976
Notes to findiiLial stateiments
oi- the year ended 31 Mai'ch 2024
TAngible fixed assets
Fixtui-e5, fi ittings
& Equipment
Motor
vchiclLS
Total
Cost
At l April 2023
Additions
Disposals
203 658
212.658
2,082
2,082
At 31 March 2024
203 658
214 740
Depreei#tion
Ai l Api'i12023
Charge foi. the year
148 336
152 611
At 31 March 2024
161931
167258
Net book values
At 31 Marcli 2023
At 31 Mai'ch 2024
12.
Debtors
3113124
3113r23
Ti'ade debtors
13.
Crcditfhrs: amounts falling due
Ivithin one year
3113124
3113123
Trade cieditors
Accruals and dcfeiTed income
3,731
700
95
Page 13

Ilfi-8combe & DistriLt CoIiimunity Traiisport Association
Lliarity Tr4umber 1174976
Nutes to finAnLial statenieiits
rior the year eiided 31 MarLh 2024
14.
Analysis of net assLts betweeii funds
UnrestriLted Restricted
Funds
funds
Total
funds
Fund balances at 31 March 2024 as i'epi'esented by..
I'angiblc fixed assets
Curi'cnt assets
Cui'i-eni liabilitie5
47,691
92,549
47,691
92,549
135 809
135 809
15.
Unrestricted funds
At
At
l April Incoming Outgoiiig
31 March
2023
resources rL.sources TrAnsfters 2024
Unresti'ieted Fund
Minibus replacement fuiid
89,007 145,777 168,089
69,114 135,809
158 121
145 777
168089
135 809
Purposes of unrestrictcd funds
I'hc Unrestricted fund is for the general operati()n of the charity.
The Minibus Irplacemeni fuiid is a designated fund for i'eplacing the veliiLles. These have a
Iiseful life of approxiiDately 6 years. Thc charity ()wns a total of nine miiiibuses. Net funds
l)ave becn ti?nsferred to this luiid fi'om the gcnei-al fund to provide additional iesources for the
balance of the Losl nol funded by Eraiits.
Page 14

Ilfraconibe & Distl'ict Commuiiity Traiispoi-t Association
Charity Number 1174976
Notes to Iiilancial statements
lor the ye%r ended 31 Mai-Lh 2024
16.
Restricted funds
At
l April Jncoming Outgoiiig
2022
resoui-ce5 J'esoui'ces
At
31 March
2023
Minibus Rc8tricted Fund
Page IS

Ilfi-acombc & Di8ti'ict Commuiiity traiispoi-t AsSULiatioii
Cliarity Nun]bet' 1174976
The following page5 do not farm part of the statutory accoull¢s.

Cliai'ity Nuni bei. 1174976
D¢tailL(I statemciit ()f financial activitie5
For the year ended 31 March 2024
Year El iicled
Year fi nded
3110312023
3110312024
Incorning resourc05
Incomiiig resources from generating funds:
Yoluniuiy income
Ring & Ridc fai'es
Late Night Bus fare8
Town Bu%
Pi-ivale hii'e
Passengcr Club fare8
Cyl'anl Income
Fiiiid Raisiiig
Oihei. gi'ants & donations
Otlier incoine
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
63,257
1,428
988
145 41()
762
687
149 062
InveslMcJni Income
Bank interest received
341
341
76
76
Total ineome i'e50ur£es from generating fund5
145 777
149 138
Otlier incoming5 resoui'ces
VA'I. & fLicI rebate
Sale of Vehiclcs
5,435
6,138
I'otal Incoming resources
145 777
Page 17

Ilfracijnibc & I)isti'ict Comiiiuiiity .1 i'Anspoi't Association
Charity NuEnber 1174976
Detailed statement of finaneial activities
Foi. the year enilcd 31 Mai'Lh 2024
Year fi,nded
3110312024
Year f4 nded
3110312023
Charitable Activities
Vehicle OPLraÉion
Aclivilies iintlep'laken clii'ecily
Wages & Salai'ies
Maii)lenance
Fuel
Insui'ance
Other cxpcnses
Vchicle lei15ing
Depitciatioii
77,693
23,548
23,028
69,644
19,622
27,265
7,388
1,453
1,719
4,596
153,304
143,056
Siippoi'l cosls
Staff Ti'aining
Sinrage
Bookiiig admiiiistration costs
Officc cxpeiises
MisLellaiieous
1,695
5,350
2,834
2911
1,685
1.000
3,174
185
895
Vehicle Operatii)n total expenditurL'
Total charitablL activity expeiidituI'e
166 151
166 151
149 995
149 I)95
Cytsvernance cost5
Acli17ilies undei'talien direeily
Independent examiiiei 8 fees
Trustee's iiidemnity insiirance
900
1,320
948
Total governance costs
Net Incomingl(outgJoii)g) resources foi. the yeai.
Page 18

ILf4RACOMBE & DISTRICT
COMMUNITY IRANSPORT
AS8()CIATION
TRUSTF,Tr.S' REPOR'f AP4D FINANCIAL S'I'ATEMLI LNTS
FOR THI Yfi.AR FNDED 31ST MARCH 2024
CHARITY NUMRF.R 1174976
APB ACCOUNT ANTS L TD
1-5MARKETS
IJARE
ILFRACOMBE
EX34 9AU

ILFRCOPIIBE & DISTIUCT COMMUNITY TRANSPORT ASSOCIATION
CHARITY NUMBJI,R l J74976
CON'I'LI NI'S
Page
L,egal and administrative infoi'mation
Ti'ustee5 report
Independent examiner's report
Statement of fiiianvial activities
Balance sheet
Notes to the findnLial stateinenls

Ilfracombc & District Coinvnunity Ti'aiisi)ort Assuciatloll
Charity f4iimber 1174976
Legal aiid #dininistrative infoi'mation
Status
The charity is an incoi'poi'atcd a8$0ciation governed by a constitutioii dated 4 October 2017 and
prcviously govei'ned a8 an Liiiincorpoi'dtcd association as charity 279975 by a constitution datcd 15
April 1980 aiid amended on 20 Septe1￿be1. 1980 aiid 8 Mairh 1994.
Chai-ity Numbci.
1174976
Registei'ed office
4 Aveniie Road
I IlraLombe
Devon
EX34 9AT
Ti'i15tees
B Piercy
J V Bank.s
M CondlifFe
S Piei'cy
C.haii'person
"ri'easurei.
Secirtary
Trustee
Accoiinlanls
APB Accounlanls Ltd
1 5 Market Square
Ilfracombe
Devon
IX34 9AU
Bankers
Natwest Bank PIC
135: 1.ligh Street
Ilfi-acombe
Devon
EX34 9FIA
Saiitandei-
43 High Siirct
Bariistaple
Devon
EX31 IHJ
Pag¢ I

Ilfi'ficombe & Distriet Community Triin51)ort A.4sociatioIi
Cliarity Nuinber 1174976
RLPOI't of tlic trllstLes
oi. the yexr ended 31 March 2024
The trustees pre8cnt their iyport aiid Ilie finanLial stateiiieiils foi. Ilie year ciided 31 Mareh 2024. The
trustee% who served dui'iiig tlie year aiid up to Ilie date of this I'opoi'l are set out ()ii page l.
Structure governanct And managLment
Governin8T doLiinienl
As from l Api'il 2018 thc Associatioii has I'un as a CIO. charity number 117496 although the
Iinincorporated charity 279975 is still open. Ti'ustees hold monthly meetings and members have
uttended Ii'aiiiiiig in govei'naiice.
'l-he Chai'ity was govei'iicd by a c()nstitution dated 15 April 1980 as ainended 30 September 1980 and 8
Mai-ch 1984. The ch<irily had officially changed it5 namc to Ilfi-acombe & District Community
11'dnsport Associdtioii and is so registei'cd with the Charity ComiMissi()n, HM Revenue aiid Custoins
and ils banke13 amnng others. Tlie Association has had irustee indcinnity insiira11ce in place sincc the
bcginning ()r 2008.
S'iriicliii'e
The chai'ity is an incorpoi'ated ti'usl. -I'o comply with Devon County Council rcquii'emeiilq tor the
graiitiiig of contracts we began opei'ating as a Chai'ilable Incorporaled Orgaiiisalion (Charity No.
1174976) iii April 2018. We have kept our chai'ilable objectives, Ti'ustees and othei. infomiation the
same as foi. Charity 279975 which we iiitend to keep as dot'maiit.
7i'uslee selection
The Ti-lislce Shirley Jnnes, Nvho was Secrelarytri'easurei. i'etii-ed at thc beginniiig of this finaiiLiiil year.
Dee Rogers also i'esigiied as a Tiiistee duc lo ill-healih. Sue Piei'cy agreed to join a5 a I'i'iislee, leaviiig
the niiinber of Ti'iistees at 4. Despitc big effoi'l.% liaving been made lo reci'uit iicw Ti'ustees,
Iinfortunately Ihei'e has heeii no success so far. Any new ti'ustees WOLild bc voted in by the existing
Iruscees followiiig indiiction. Ti'ustees give their time voluntai'ily but Llaim expenses inLurred dii'ectly
as a rcsult of their i'olc. One of the Trustees, Marlin Conliffe, i'cLeives payiiicnt for the esseiitial work
hc doe8. The Tru8lees coiisulied Cliai'ity Comimissions regiilatinns and sought legal advice about ihis
and nolified the Chai'ity Conimission in August 2023. Step% have been taken to ensure that no conflict
of intei'est cali arise
Objectives and Activities
Objeclives
The Conslitulion slates that the object of the Association sh<ill be to I'elievv pei'sons who al'e
handicapped, aged, blind or otherwise disabled by pi'ovidiiig suitable and affordable transpoit which
can, wheit necessary, be dooi'_t04qoor.
Page 2

Ilfi'acoTnbe & Di5triet Community Traiispoj't Association
Chai-ity Number 1174976
Report of tlie ti'iistees
For tlie }'eai' ended 31 March 2024
Aciiipilies
We pi'ovide transpoit for the fl'ail and disabled per50n5 of all ages to enable theni to attciid hospital (Ind
othei. medical-related appointmeiits, shoppiiig trips, social oiitiiigs, Ineetings and eveiits elc. Tli
cliarity is stalTcd by voliiiitcei's, apai't fi'om a Fleet Manager wh() is also a di'ivci. and a part liine admin
assistaiit and it is a non- pi'ofitmaking orgaiiisalion. Incomc is by Ineans of a mi5cage cliai'ge for the
use of the vehicles, which goes towaL'ds the runiiiiig costs, i.e. diesel, maintenance, in£L)I'dnce aiid
adminislratioii. Any SLlt'pliis fLinds will bc paid into cg sLparate accouiit toward5 the cost of i'eplaciiig
vehicles. 'I'lie vehicles al'c avai11c ble lar those permitled to Use them iiiidcr Section 19 and section 22
pei'mits within a 45-mile radius of Ilfi-aLombe. -l-hcy are also available for ¢nmmunily gi'oups and
priv(Ite hiiE wlien not ali'eady booked for our primary pui'pose.
Personnel:
At the beginning of 2023, Shirley Jones who had been the Secretary and Ti'easurcr for many ye<irs,
informed tlie Tru.8tee.s of her intentioii to reLii'e. I'he Ii'iistees had been looking for new premises, as
tliey feli using someone's home was no lonEei' appi'opriate and in April they agreed to L'eiit a shop in
Ilfrdcombe kligh Street. This involved woi'k and Lost lo pi'ovide furnitur'e aiid equipmcnt. In Jiine, Ilie
part time adiiiin assistant infoi'med the Trustees that She could not coinniit to work at the shop ar)d
wanted lo continue woi-king ti-oin hoine, so slie handed in her rcsignati()ii. We now lidve a new admin
as5islanl, who is settling into thc position. Dee roger8, who has been a 'fi'ustec foi. many yeai's, but has
been dealing with ill l)calth for .%ome time also resigned. Sue Piei'cy offered to join as a Trustee dnd
thi% was agyi'eed by Ihe oiliei. Ti'ustees. I"lie opei'ation of tlie serviccs, maiiitenance of tlie Ininibuses and
allocatioii of drivcrs is tlie I'csponsibility of the only full-time paid eTnployee, the Fleet Manager, who
is also a driver. Thei'e wei'e six pui'l-time paid drivers.
Achievements and perfoi'mance:
It has been a difficult year with all the changes aiid many hiii'dles have had lo be ovei'conie, but tlie
Trustees are liappy that things are now settlcd and are confident all will go well iii the futiire.
Allan Day, Fleet Manager/Driver has instigated sevei-al new projettts. Among tliem is the "Hoppei
service, which picks up passengers in all areas of the town and takes them to Ilfracombe Fligli Street or
the market on thc scafi'nnt. Hc has al.so woi'ked willi tlie Exmoor auihoi-ity to piDvide ti'ansport for
loiiely or isolated people to exploi'e the beauty of Exmoor. We continuc to I'un dll oui. esseiitial Riiig &
Ride sei'vices and our. connection with the Straw Patch Project coiitinued, regularly taking
beneficiaries to eiigage in a wide rcinge of outdooi. and iiidoor activities to the betterment of their
health and wellbeing.
Page 3

Ilfi'acombe & Di8ti'ict C.ommuiiity Tran8poi't AtriSOLlatioi)
Charity Numbcr 1174976
Ilepoi't of the TTUSteos
For thL year ended JI MAI'ch 2024
Fund-Raising:
Thei'e lias not been any fundraising this year due to tlie piEssure of dealiiig with all the changcs, bul
thei'e al'e plans lo hold a Xmas i-affle, wl)ich wi51 hopefully i'aise some fiinds.
Reserves Policy:
The Associatiun is dlways comniilled to holding enoligh i'eservcs lo deal with futlire conimilinents.
Our primary aim is to always have at least £25,000 in I'cseive Io ptiy reduiidanLy if we had to cease
opci'ating plus <lt least onc mi)nth's average expenditiire ol- £37,000. We also like to have a hcalthy
reserve for buyingJ a iiew bus in the eveiit of one of our biises siiddenly ncediiig replacing. In the past
we liad a sepai'ate "vehicle Account" biit since we changed to Sanlandei. and all the diffiLulties caused
by name changes, we have not yet been able lo do this, but effoits al'e being Inade lo i'eiredy this.
Future Developnient5:
At thc moment Qui- Fleet Manag7er is IL)okiiig for a iicw minibus to replacc one which is comin¥ lo the
end of its lite. 'I'his will be duiie witli tlic help of a donarion we have beeii pi'oinised froin a local
windfarin. A sum of £20,000 from our vehicle fund has beeii eai'mai'ked foi. this. We continiie to look
foi. opportunities to provide transpuit and all tlie beiiefits it creates for lonely and isolatcd people. The
Fleet MdiiagT¢I- 15 Luiislantly looking foi. ncw ttliable di'ivers. Tlic difficiiltitts involved in this are beiiig
able to offei. enough i'egular hours and also the high cosl of ti?iniiig diid licensiiig of new drivcrs,
whilst not being able to insi8t on commit1￿e1]i from them to contiiiue di-iving foi. us.
Serious Incidents:
The Ti'uslees repnit tl)dt thei'e have been no scrious inciden15 this yeai..
J V Banks
-l-I'easui'ei'
PHge 4

IlfrReombe & District Conimuiiity Tr￿n5p01.t Assoeiatlon
Charity Tr4umbLr 1174976
Independent exArniner's report to the Érustees on the unauditcd finaneial stateinents of
l1fr￿le0Mbe & District Commuility Ti'ansport A550ci#IiDn.
We i'eport on the accoLinls of Ilfracombc & District Community Ti?nsp(Iii Association foi. Ilie year
ended 31 Marcli 2024 set out on pages 2 to 15.
Respective i'esponsibilities of trustees and independciit examiner
As thc chai-ity's ti'iislccs you are I'espon.4ible foi. the prepai'ation of the accoiinls, you consider tliat that
¢iiidit requirement of seclioii 43(2) ot-the Lharities Act 1993 (the Act), as ameiided by section 28 of Ihc
Charities Act 2006 does not apply and that an independeiit examination is needed. It 18 our
i'espoiisibility to exaniine tlic accounts under s'eclion 43 (3)(a) of the Act, as amended: to follow the
procedures laid dowii in the General Direclions giveii by thc Charity Commission under scction 43(7)
(b) of ihe Act, as amended.. aiid to state wheihei. pai'ticiilar matters have come to oui- atteiition.
Bllsis of independent ex#miner's statement
Our examination was carried out in accoi'dance with the Oeneral Directioiis given by the Charity
Cominission. An ex&inin#lion includes a i'eview of tlie accouiiting records kcpt by the chai'ity aiid a
compai'ison of the accounts and seeking explanations from you as trustee5 Loncerniiig any siich
matters. The procediires undeitaken do not provide all the evidenLe that would be required in an audit
and coi)sequenily no opinion is given as to whethei. the accounts present a 'lrue and fair view, and the
repoi't is l ilT]iled to those matters set out in the statemont below.
Indepcndent ex#miner's statement
In connection with our examination, no Inatlers have comc to our attention..
which gives us reas()iiablc cause lo believe that iii any matei-ial respcct tlie requireiT)entS'.
to keep propel. accountingJ ItLOI'ds in accordaiice with section 41 of the Ael.. and
lo pi'epai'e accoLints whicli accord willi thc accounting recoi'd8 and to coimply wilh Ihe
aecounting requiremen18 of the Act have been mel.
PB
APB Accountants Ltd
ACCOUNTANTS
115 MARKFfsouApr
t_r rRAcq1￿ov., DEVC.TrJ .
Independent Ei xaminers
APB Accountant.8 Ltd
1- S Market Square
Ilft'acombe
EX34 9AU
TclrFJt¢.
.. 0.211 8$4$26 Fox.. tsldjl t￿.

ILFIiACOMBL & DlS'fRIC'I' COMMUNITY TRANSPORT ASSOCIATION
C.HARITY P4UMIIEII 1174976
STATEMEI NT or rilNANCIAL ACTIVITJFS FOR THE YLAII NDEI D 31 MARCH 2024
Year li nded
Ycar Ended
Incoming Resoiirces
InLoining i'esourLe5 ti'oin generatiiig funds
Voluntai'y Income
Invcslment Incomc
Oihei. ii)coming Resoiii'ces
Notes
31-3-24
31-3-23
145,436
341
149,062
76
Total Inconiing Resou rces
145.777
160711
Resoui'ces Ei xpended
Charitable activities
CJovernance Costs
166,151
149,995
168089
152 263
Net movement in funds
(22,312)
8,448
Total funds brought forward
158 121
149 673
Total funds earj'ied forivard
135 809
158 121
The statements ()f finAneial activities include all gFaiiis and losses in tlie year and therefore
separate btatement of total i'ecognised gains and losses has iiot been prcpai'Ld.
All of the #bove amounts relate to continuing activities
Page 6

Ilfracomhe & Di.%trict Community Trai)sport A550Clation
Charity Numbej. 1174976
BalJnLe Sheet
As at 31 March 2024
3110312024
3110312023
Fixed Assets
Tai)giblc assets
Current Assets
t)ebtors
Pi'epayineiits & accrued income
Cagh at bank and in hand
47,691
60,047
7.364
5,891
6,011
92,549
99,173
Creditors: amnunts falliiig due
Jvitliin one year
Nct Current A55ets
Net Assets
135 809
158 121
r<unds
Restricted income funds
Unre5tricled income funds
158,121
158,121
Total funds
135 809
158 121
Tlie finaiicial statements were approved by tlie trustee5 011
and signed on its belialf by
Ti'ustee
Pa%e 7

Ilfracoiiibe & District c.ommunity Transport A55oLiatioii
Cliarity Number 1174976
Notes to financiul stxtenieiits
For the ye#i' eIided 31 Illai-cli 2024
Aeeounting pnlicies
The principal accounting policies are summai'ised below. "rhe accouiiting policie.s have been
applicd consi.stently thioughout the yeai. and the preceding period.
Basi5 of accounting
The financilll statements are prepai'ed iindei. the historical cost Loiivention, except for tlie
revaluatiun of ceitain fixed asscts aiid except f()I' investments which are incliided at marlcet
value, and in accoi-danee with tlie stateinent uf. IlecoiT]ii)ended Pi'aclice 'Accounting and
Repoiting by C5)ai'ilies' i55ued in March 2005 (SORP 2005) and the Charities Act 1993.
Cashflow
I"lie charity lias takeii advantage of the exeinption in FRS102 fi'om the i'cquii'einent to pi'odiice
a cashflow statement because it is a sinall cliai'ity.
Fund accouiiting
lJi)I'csti'icted funds al'e dunalions and othci. incoming resources receivable or genei'ated for thL
objects ofthe chai'ity withoiit fiii'iher %pecifi¢ pui'pose and which the chai'ity Inay use for ils
PUI'POse at ils discretion
Desigynaled fuiids ait subjected to resti'ictions on Iheii. expeiiditure imposed by tlie donor or
through the terms of an appeal.
Endowmeiit fund5 are retained intact and must not bL spent.
Page 8

IirraLombc & Disti'ict Commuiiity Tran5POI't AssociAtion
Charity Nuniber 1174976
Notes to finaiicial stAtemeiits
Fi oi. the year endeil 31 Mai-eh 2024
liiLoin iIiLy i'esoui'ces
All iiicomiiig resource8 al'e included in tlie %latemeiit of finaiiLidl ac¢ivitie5 wheii the charity is
entitled lo tlie inc(Ime and tlie ainoiint Laii be qiialified willi I'easonable accui'acy. Tlie
following specific policies al'e applied to particiilai. categoi-ies of iiicome.
Voluntary income is received by way of gi'ants, donatioiis and gifts and is includd in full in
the slalemeiil of fiiiancial activities when Irceivablc. Gi'anls where entitlemeiit IS liot
conditioiial on the delivery of a specific pci'form<inLe by the charity are Itcognised wlien the
charity becomes unconditionally entitled to th¥ grant.
Donated scrvices and facilities are incliided at the value lo the charity whei'e this can be
qiialificd. The value of seivices provided by voluiiteers has not bccn included.
Gifts donatcd foi. resale ai'c included as incoining resources within activiti¢5 for genei'ating
funds when they ¢ire sold.
(iraiits, including gi'anls foi. the purchase of fixed assets, aiy recoLynised in full iii the stateinenl
of fiiiancial activities in the year in wliiLh I'hey al'e receivable.
Income from iiivestments is included in the year which it is receivable.
Resources expended
Expenditiii'e is i'ecognised on an acci'iial basis as a liabilily is incui-l'ed. Expenditure includes
any VAT which caiiiiot be fully I'eLovei'ed and is i'epoi'led as pai't of the expcnditiire to which it
reltile%.
Costs of generating fiinds compi-i%e the costs associaled with atti'actiiig voluntary income and
the costs of u'adiiig for fundraising piii'poses.
Charitable expendilure comprise% those costs iiicut'red by tlie charity in the delivei'y of 118
activitie% and sei-vices foi. ils beiieficiai'ies. It incliides both costs tliat Lan be allocaled directly
SLich aclivitics and those cn%ts of ali indirect nature necessary to SUPPOrt tliein.
Suppoi'l costs dl'e those costs incuii'ed directly in siipport of CKpenditui'e on the objects of the
charity and iiicllide project managcment.
Tangible fixed assets 8iid depreciation
Taiigible fixed assets are ￿t￿led at cost les5 accumulated depreLidlion. Depi'eciation is pi'ovided
at 12les calculated to wi'ite off the cost less i'esidual value of each asset ovei. its expccted iiseful
life, as follows:
Motor vehicles
F.quipmenl
straight line ovei. 6 yeai
150/0 iyducing balaiicc metliod
PAge 9

Ilfraeoinbe & Distriet Cuiiiiiiuiiity I'j-ajispoi't Associatioii
Charity P4iimbei' 1174976
Notes to findiicial statements
rior the year cnded 31 Mai'ch 2024
Voliintary income
Year
endcd
3113n4
y¢￿1-
ended
31n123
Riiig & Ilide fai'es
Late Niglit Blis fares
Town Bus
Private Iiire
Passcngcr Club fai'es
Gi'ant Ir)Loine
[￿ul]d Raising
Oiliei- gi'ants & donations
Otl)er iiicome
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
1,428
988
145 436
762
687
149 062
Investments income
Year
endcd
3113124
Total
Year
ended
3113123
Total
Bank intei-est received
341
341
76
76
Other incoming resourc
Year
ended
3113124
Total
Year
ended
3113ll3
Total
Sale of Vehicle5
VAT & fuel rebtlte
6,138
Page 10

Ilfi'il combL & Di%'li'ict Coininuniti, Transport Association
Cliaj'ity Numbei. 1174976
Notes to linanLial statcmeiitS
rioi. the yeai- ended 31 March 2024
Costs uf chai'itable activities- by I'ulid type
Year
eilded
Ye#i'
ended
3113123
1.0t￿1
3113124
Ti)tal
Veliicle opei'ation
166,151
149,995
Costs of chai'itable activitics - by aetivity
Yeai.
ended
3113123
Total
Activities
undei'taken
dii'ectly
ended
Suppoi-t 3113124
Losts
Total
Vehicle opei'ation
153,304
12,847 166,151
149,995
Governance costs
Year
ended
3113124
Year
ended
3113123
Total
Indepciident cxaminer's fttes 2022123
Independeiil exai)iinei s fees 2023124
'I'ruslee's indeit]nily insuraiice
900
1,320
948
Pagell

Ilfi'Acoinbe & District Community TraJ15port Associatioii
C.hai'ity Numl)cr 1174976
Notes to fii)ancixl statemcnt.
rioi. thc year ended 31 Mareh 2024
Analysi¥ (If support costs
Year
ended
3113124
Totiil
Year
ended
3113123
I'otal
Slaifcosls
Rent
Admini.slration costs and advei'tising
Ollice costs
Miscellaneoiis expense5
1,695
5,350
2,834
298
1,685
1,000
3,174
185
895
ri.mploycLs
Employment costs
Yeai.
ended
31￿123
ended
3113124
Wages and salaries
Othei- cos15
77,693
69,644
No employee I'eceived emoluments of moL'e Ihaii £60,000
Number nf employees
The avei'age monthly numbeis of employees (including the ti'ustees) dui'ing the yeai., calculated
on the basis of lull-time equivalenls, was as follows..
Year
ended
3113124
Number
Period
ended
3113123
Number
Drivers
Othei's
Trustees
No I'emunei'ation or expenses wei'c paid to Il)e tl'LI.Stees this year.
Page 12

Iit'rAcombe & Distriet Com niunity Triinspoi't AsSOClation
Chai-ity Nuniber 1174976
Notes to findiiLial stateiments
oi- the year ended 31 Mai'ch 2024
TAngible fixed assets
Fixtui-e5, fi ittings
& Equipment
Motor
vchiclLS
Total
Cost
At l April 2023
Additions
Disposals
203 658
212.658
2,082
2,082
At 31 March 2024
203 658
214 740
Depreei#tion
Ai l Api'i12023
Charge foi. the year
148 336
152 611
At 31 March 2024
161931
167258
Net book values
At 31 Marcli 2023
At 31 Mai'ch 2024
12.
Debtors
3113124
3113r23
Ti'ade debtors
13.
Crcditfhrs: amounts falling due
Ivithin one year
3113124
3113123
Trade cieditors
Accruals and dcfeiTed income
3,731
700
95
Page 13

Ilfi-8combe & DistriLt CoIiimunity Traiisport Association
Lliarity Tr4umber 1174976
Nutes to finAnLial statenieiits
rior the year eiided 31 MarLh 2024
14.
Analysis of net assLts betweeii funds
UnrestriLted Restricted
Funds
funds
Total
funds
Fund balances at 31 March 2024 as i'epi'esented by..
I'angiblc fixed assets
Curi'cnt assets
Cui'i-eni liabilitie5
47,691
92,549
47,691
92,549
135 809
135 809
15.
Unrestricted funds
At
At
l April Incoming Outgoiiig
31 March
2023
resources rL.sources TrAnsfters 2024
Unresti'ieted Fund
Minibus replacement fuiid
89,007 145,777 168,089
69,114 135,809
158 121
145 777
168089
135 809
Purposes of unrestrictcd funds
I'hc Unrestricted fund is for the general operati()n of the charity.
The Minibus Irplacemeni fuiid is a designated fund for i'eplacing the veliiLles. These have a
Iiseful life of approxiiDately 6 years. Thc charity ()wns a total of nine miiiibuses. Net funds
l)ave becn ti?nsferred to this luiid fi'om the gcnei-al fund to provide additional iesources for the
balance of the Losl nol funded by Eraiits.
Page 14

Ilfraconibe & Distl'ict Commuiiity Traiispoi-t Association
Charity Number 1174976
Notes to Iiilancial statements
lor the ye%r ended 31 Mai-Lh 2024
16.
Restricted funds
At
l April Jncoming Outgoiiig
2022
resoui-ce5 J'esoui'ces
At
31 March
2023
Minibus Rc8tricted Fund
Page IS

Ilfi-acombc & Di8ti'ict Commuiiity traiispoi-t AsSULiatioii
Cliarity Nun]bet' 1174976
The following page5 do not farm part of the statutory accoull¢s.

Cliai'ity Nuni bei. 1174976
D¢tailL(I statemciit ()f financial activitie5
For the year ended 31 March 2024
Year El iicled
Year fi nded
3110312023
3110312024
Incorning resourc05
Incomiiig resources from generating funds:
Yoluniuiy income
Ring & Ridc fai'es
Late Night Bus fare8
Town Bu%
Pi-ivale hii'e
Passengcr Club fare8
Cyl'anl Income
Fiiiid Raisiiig
Oihei. gi'ants & donations
Otlier incoine
10,714
10,249
12,404
68,214
1,308
50,380
13,581
57,297
3,229
63,257
1,428
988
145 41()
762
687
149 062
InveslMcJni Income
Bank interest received
341
341
76
76
Total ineome i'e50ur£es from generating fund5
145 777
149 138
Otlier incoming5 resoui'ces
VA'I. & fLicI rebate
Sale of Vehiclcs
5,435
6,138
I'otal Incoming resources
145 777
Page 17

Ilfracijnibc & I)isti'ict Comiiiuiiity .1 i'Anspoi't Association
Charity NuEnber 1174976
Detailed statement of finaneial activities
Foi. the year enilcd 31 Mai'Lh 2024
Year fi,nded
3110312024
Year f4 nded
3110312023
Charitable Activities
Vehicle OPLraÉion
Aclivilies iintlep'laken clii'ecily
Wages & Salai'ies
Maii)lenance
Fuel
Insui'ance
Other cxpcnses
Vchicle lei15ing
Depitciatioii
77,693
23,548
23,028
69,644
19,622
27,265
7,388
1,453
1,719
4,596
153,304
143,056
Siippoi'l cosls
Staff Ti'aining
Sinrage
Bookiiig admiiiistration costs
Officc cxpeiises
MisLellaiieous
1,695
5,350
2,834
2911
1,685
1.000
3,174
185
895
Vehicle Operatii)n total expenditurL'
Total charitablL activity expeiidituI'e
166 151
166 151
149 995
149 I)95
Cytsvernance cost5
Acli17ilies undei'talien direeily
Independent examiiiei 8 fees
Trustee's iiidemnity insiirance
900
1,320
948
Total governance costs
Net Incomingl(outgJoii)g) resources foi. the yeai.
Page 18