# **Exe Valley Market Bus (EVMB)**
# **Charitable Incorporated Organisation Registered Charity Number 1177429**
Trustees’ Annual Report for the Period 1[st] April 2020 to 31[st] March 2021
Charity’s Principal Address; R Mugford Bray Accountants Ltd 21 Angel Hill Tiverton
## Section A Reference and administration details
## **Names of the charity trustees who manage the charity**
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Dates acted if Name of body
Trustee name Office Held not for whole entitled to
year appoint trustee
1. Jonathan Smith Chairman EVMB Committee
2. Colin Radford Vice Chairman EVMB Committee
3. Jennie Chappell Secretary EVMB Committee
Robert Mugford Assistant EVMB Committee
4.
Treasurer
5. Malcolm Jowitt Treasurer EVMB Committee
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EVMB Annual Report, 01/04/18 to 31/03/19
## Section B Structure, governance and management
**Description of the charity’s trust’s Type of governing** Constitution **document How the charity is** Charitable Incorporated Organisation **constituted** The Trustees of the Exe Valley Market Bus **Trustee selection** are the Chairman, Vice Chairman, Secretary, **methods** Auditor and Treasurer who are elected to their positions by the committee members.
## **Section C Objectives and activities**
**Summary of the objects of the charity set out in its governing document**
Provision of community bus service for residents of isolated villages and hamlets in a very rural area of mid and north Devon who, for whatever reason, are unable to drive and where there are no commercial bus services.
**Summary of the main activities undertaken for the public benefit in relation to these objects (include within this section the statutory declaration that trustees have had regard to the guidance issued by the Charity Commission on public benefit)**
EVMB is a not for profit organisation operating for public benefit in accordance with the Charity Commission’s guidance and regulations and providing;
Regular, scheduled bus services between Oakford and Tiverton, Oakford and South Molton and Oakford and Barnstaple under a Section 22 Permit.
A community hire service to residents and organisations in the area in which we
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operated
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## **Additional details of objectives and activities (Optional information)**
You **may choose** to include further statements, where relevant, about:
> relevant, about: EVMB is in its’ 45[th] year of operation and is run
> policy on grant-making; entirely by volunteer drivers and a volunteer committee.
- policy programme related investment;
- contribution made by volunteers.
## _**Section D Achievements and performance**_
> **Summary of the main** Our services were suspended on 17[th] March 2020
> **achievements of the** because of the Covid lockdown and the **charity during the year** vulnerability of our passengers.
Due to Covid, we were unable to recommence our services during the current reporting year but we intend to restart in August 2021.
## **Section E Financial review**
> **Brief statement of the** Funds no greater than required for immediate
> **charity’s policy on** running costs are deposited in our Current and
> **reserves** Instant Access Accounts. Surplus funds are set aside towards the purchase of a replacement bus and are deposited in a high interest bank account.
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**Details of any funds materially in deficit**
None
## **Further financial review details (Optional information)**
You **may choose** to include additional information, where relevant about:
- the charity’s principal sources of funds (including any fundraising);
- how expenditure has supported the key objectives of the charity;
- investment policy and objectives including any ethical investment policy adopted.
Our principal source of income is from cash and concessionary fares on our regular, scheduled services.
We have received additional income from outings for the elderly of the parishes we serve, our community-hire service, donations and the Bus Service Operator’s Grant.
Our expenditure has been limited to maintenance, fuel, insurance, road tax and other running costs.
- We have no investments.
## _**Section F Other optional information**_
All withdrawals and transfers from our accounts require any two signatures of the Trustees.
## **Section G Declaration**
## **The trustees declare that they have approved the trustees’ report above.**
**Signed on behalf of the charity’s trustees**
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Signature(s)
Full name(s) Malcolm D Jowitt
Position Treasurer
Date 4 [th] July 2021
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