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2020-08-31-accounts

RUSHBURY C OF E PRIMARY SCHOOL MINI BUS TRANSPORT FUND

Charity Number: 1184537

Trustees' Annual Report & Financial Statements for the Period 1[st ] September 2019 to 31st August 2020

January 2021

Rushbury C of E Primary School – Mini Bus Transport Fund Trustees’ Annual Report & Financial Statements for the Financial Period from 01 September 2019 to 31 August 2020

Reference & Administration Details

Charity Details:

Name: Rushbury C of E Primary School – Mini Bus Transport Fund Number: 1184537 Address: Rushbury Road, Rushbury, Church Stretton, Shropshire. SY6 7EB

Names of the Charity Trustees who Manage the Charity

Carolyn Oxley – Administrator – Appointed 17[th] July 2019

Names of Trustees for the Charity

Carolyn Oxley – Administrator – Appointed 17[th] July 2019 Christine Beaver - Committee Official 1 - Appointed 17[th] July 2019 Diane Pye – Committee Official 2 – Appointed 17[th] July 2019

Names & Addresses of Advisors

Barclays Bank 3 King Street, Ludlow, SY8 1AJ

RLW Accountants

5 Elms Paddock, Little Stretton, Church Stretton SY6 6RD

Structure, Governance & Management

Type of Governing Document:

Constitution adopted 17[th] July 2019

How the Charity is Constituted:

Registered charity

Trustee Selection Methods:

Volunteers

How New Trustees are Inducted and Trained:

Guidance given by existing trustees

Objects

To advance the education of the pupils of Rushbury C of E Primary School by the allocation of funding from the Minibus Transportation to provide and assist in the provision of facilities not required to be provided by the Local Education Authority for education at the school.

Statutory Declaration on Public Benefit

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

Activities, Achievements & Performance

The charity continue to provide the minibus service to Rushbury C of E Primary School throughout the year as required to transport the children to and from school and any other journeys required. Unfortunately one of the minibus’s was stolen from the school car park during the summer break on the 14[th] August 2019.

Funds set aside in the reserve account were used to replace the stolen bus to enable the service still to be carried on.

This will show a reduction in the assets held by the charity and hopefully we can build up again the reserve account throughout the next financial year.

Financial Review

Statement of the Charity's Policy on Reserves

The Trustees aim the accumulate and retain sufficient funds to be able to replace the two minibuses in the future. To ensure continuity of the support and service to Rushbury C of E Primary School.

Details of Any Funds Materially in Deficit

The Trustees declare that the charity had no funds which were materially in deficit at the date of the statement of assets & liabilities.

Particulars of Any Outstanding Guarantee Given by the Charity

The Trustees declare that the charity has given no guarantee where potential liability is outstanding at the date of the statement of assets & liabilities.

Particulars of Any Outstanding Debt

The Trustees declare that the charity has no outstanding debts which are secured by an express charge on any of the assets of the charity at the date of the statement of assets & liabilities.

Declaration

The Trustees declare that they have approved the above report and authorised that it be signed on their behalf.

Carolyn Oxley

29[th] December 2020

FortheperiodfromlstSeptember2019to31stAugust 20?0
Receiptsand Fayments unresricted Unrestricted
Receipts 2020 t019
SchooltransportreceiPts 28,671 31,870
Bankinterest 23 40
Total receipts 28,694
H
31,910
Payments -
Minibus drivers 8,979 8,960
Minibus fuel 809 L,3L5
Minibusinsurance 7,767 L,167
Minibus maintenance 915 693
Minibus road fundlicence 455 424
Training 20
Bushire 60
Administrator 1,365 1,057
Software 48
lndependent examination 200 L20
DonationstoRushburyCofESchool 8,679 20,500
NetVATpaidtoHMRC 58 4,828
Totalpayments 22,647 39,168
Net payments 6,O47 (7,259)
Cashfundslastyear end 27,389 ?4,647
Cashfund thisyearend 33,436 27,389

Statementofassetsandliabilities at31stAugust 2020
Unrestricted Unrestricted
2020 2019
Cashfunds
currentaccount 13,222 7,L98
Depositaccount 2L,214 zo,!91,
Totalcashfunds 14,436 27,389
Othermonetaryassets
VATrefund 131
Assetsretainedforcharitiesownuse
Motorvehiclesatinsurancevaluation 32,000

FortheperiodfromlstSeptember2019to31stAugust 20?0
Receiptsand Fayments unresricted Unrestricted
Receipts 2020 t019
SchooltransportreceiPts 28,671 31,870
Bankinterest 23 40
Total receipts 28,694
H
31,910
Payments -
Minibus drivers 8,979 8,960
Minibus fuel 809 L,3L5
Minibusinsurance 7,767 L,167
Minibus maintenance 915 693
Minibus road fundlicence 455 424
Training 20
Bushire 60
Administrator 1,365 1,057
Software 48
lndependent examination 200 L20
DonationstoRushburyCofESchool 8,679 20,500
NetVATpaidtoHMRC 58 4,828
Totalpayments 22,647 39,168
Net payments 6,O47 (7,259)
Cashfundslastyear end 27,389 ?4,647
Cashfund thisyearend 33,436 27,389

Statementofassetsandliabilities at31stAugust 2020
Unrestricted Unrestricted
2020 2019
Cashfunds
currentaccount 13,222 7,L98
Depositaccount 2L,214 zo,!91,
Totalcashfunds 14,436 27,389
Othermonetaryassets
VATrefund 131
Assetsretainedforcharitiesownuse
Motorvehiclesatinsurancevaluation 32,000