Company registration number: 11965532 Charity registration number: 1187083
## Moorlands Voluntary and Community Transport
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2024
Daryl Denson ACMA VAST The Dudson Centre Hanley Stoke-on-Trent ST1 5DD
## **Moorlands Voluntary and Community Transport**
## **Contents**
|Reference and Administrative Details|1|
|---|---|
|Trustees' Report|2 to 5|
|Independent Examiner's Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9 to 22|
## **Moorlands Voluntary and Community Transport**
## **Reference and Administrative Details**
**Trustees** Michael Smith, Chair Christine Adams, Vice Chair John Verney, Treasurer Keith Hambleton Pamela Massey **Secretary** Sally Bentley **Senior Management /** Sally Bentley, Chief Officer **Leadership Team Charity Registration Number** 1187083 **Company Registration Number** 11965532 The charity is incorporated in England. **Registered Office** Leek Health Centre Fountain Street Leek Staffordshire ST13 6JB **Independent Examiner** Daryl Denson ACMA VAST The Dudson Centre Hanley Stoke-on-Trent ST1 5DD **Bankers** Unity Trust Bank PO Box 7193 Planetary Road Willenhall WV1 9DG
Page 1
## **Moorlands Voluntary and Community Transport**
## **Trustees' Report (incorporating Directors Report)**
The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2024.
## **Trustees and officers**
The trustees and officers serving during the year and since the year end were as follows:
Trustees: Michael Smith, Chair Christine Adams, Vice Chair John Verney, Treasurer Brian Blackwood (resigned 2 November 2023) Keith Hambleton Pamela Massey
Secretary: Sally Bentley
Senior Management / Leadership Sally Bentley, Chief Officer Team:
## **Objectives and activities**
## _**Objects and aims**_
The provision of a community transport service, for such inhabitants of the Staffordshire Moorlands and surrounding areas, who are in need of such a service because of age, sickness or disability (mental or physical) or poverty or lack of availability of adequate transport services.
## _**Objectives, strategies and activities**_
We provide a voluntary transport service which utilises volunteer drivers who use their own cars to take people who live in the Staffordshire Moorlands, have no private transport and are unable to use public transport, to a variety of appointments and venues.
The priority for us is to take people to health-related appointments and so these form a large proportion of our routine journeys. We prioritise health appointments as we feel that these are the most critical to a person’s well-being, chances of living independently in their own home and overall general quality of life. These are all things that we aim to continually improve through our scheme.
Page 2
## **Moorlands Voluntary and Community Transport**
## **Trustees' Report (incorporating Directors Report)**
## _**Public benefit**_
We provide a voluntary transport service which utilises volunteer drivers who use their own cars to take people who live in the Staffordshire Moorlands, have no private transport and are unable to use public transport, to a variety of appointments and venues.
The priority for us is to take people to health-related appointments and so these form the vast majority of our routine journeys. We prioritise health appointments for clients meeting the criteria as we feel that these are the most critical to a person’s well-being, chances of living independently in their own home and overall general quality of life. These are all things that we aim to continually improve through our scheme.
To ensure the safety of our passengers there have been gradual changes allowing for discretion and common sense with regards to PPE, having discussed it and supported at each board meeting.
We are pleased to report that in the period from April 2023 to March 2024 our volunteer drivers gave over 3,800 hours of their time to the voluntary transport scheme, providing in total over 3,400 single passenger journeys. Whilst our administration based volunteers (including trustees and voluntary office staff facilitating the booking lines) gave approximately 950 hours of support to our organisation.
Over the year our voluntary transport service has seen a continual and significant rise in numbers of people requesting journeys to health related appointments; this has put pressure on our current volunteers and despite losing two volunteers we have been able to recruit two more and continue to advertise for the roles.
Our community transport service operates three minibuses, all of which are wheelchair accessible. These vehicles, along with our volunteer drivers, are available for local voluntary, community, and not-for-profit organisations, to enable them to transport their members to regular activities and days out.
Our regular groups include taking people to luncheon clubs groups and young people to activities. By providing this service we are able to contribute to deliver against one of our main aims which is reducing social isolation through the provision of transport. We enable vulnerable people to get out of their homes, meet their peers and to enjoy a hot meal; whilst also supporting young people, to attend activities and days out that they would otherwise not be able to access.
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 3
## **Moorlands Voluntary and Community Transport**
## **Trustees' Report (incorporating Directors Report)**
## **Achievements and performance**
Throughout 2023-24 our local transport charity (Moorlands Voluntary Community Transport - MVCT) has seen an increase in numbers of requests for transport significantly both from individual passengers and also from local community groups. We have been able to support over 480 individuals through our voluntary transport service, with once again a strong emphasis on journeys to health related appointments.
This year our community transport service (our three community minibuses) was able to support 14 voluntary, community and not-for-profit organisations some of which were already using the service, covering a total distance of over 5,400 miles. This service saw a number of groups accessing our minibuses for the first time. The feedback from local groups using our minibuses has been very positive.
2023-24 saw the end of our initial National Lottery grant. MVCT was fully aware of the challenges facing the Charity as it continued to seek sustainable funding, and to this end we were able to very successfully secure another three-year grant from the National Lottery Community Fund, which commenced in August 2023. This was a significant grant and covers our salary costs and website for the next three years.
Following the submission of a number of other grant applications we received funding from in total 8 different sources, including two Town Councils, The Yapp Charitable Trust, McCarthy Stone Foundation, and the Co-op Local Community Fund. In summary there have been a mix of large and smaller grants, most awarded on a ‘one-off’ basis and also one over three years. The Board of Trustees are very grateful for the financial support received over the year.
During the year we were recognised and shortlisted in the category of ‘Breakthrough Award’ to the voluntary sector for the ‘Totally Stoked’ Awards and received a certificate of achievement at the Awards Celebration event.
2023-24 has seen MVCT stabilise and move forward both financially and sustainably through increased user numbers. Positive feedback from service users reflects the strength of feeling about the organisations’ important status in the local area and underpins how vital the service provided is to local people.
We would like to acknowledge the contribution of one of our trustees who sadly passed away in November 2023; Brian Blackwood had been a board member since August 2021, having started as a volunteer driver for us a number of years prior to this. His thoughtfulness, dedication and support will be greatly missed.
We truly appreciate and acknowledge contributions of all our partners and funders and a special thank you goes to our Chief Executive Officer, our volunteer staff – our superb drivers, office staff and the Board of Trustees for all their efforts and dedication to the service that they provide.
## **Financial review**
See the SOFA, Balance Sheet and notes to the accounts on pages 7-23
Page 4
## **Moorlands Voluntary and Community Transport**
## **Trustees' Report (incorporating Directors Report)**
## _**Policy on reserves**_
Our reserves policy as set out in our financial controls policy: 'MVCT will plan and manage its resources to meet the requirements both of day to day and of future activity. In the Trustees' view the reserves should provide the Charity with adequate financial stability and the means to meet its charitable objectives for the foreseeable future. They will aim to hold sufficient funds to meet running costs for 6 months. To this end, they have created a designated fund within the accounts.' £15,000 has been allocated as reserves. At the year end the charity held £46,082 of unrestricted funds (2023: £36,085).
## **Structure, governance and management**
## _**Nature of governing document**_
The company is operated under the rules of its memorandum and articles incorporated 26 April 2019 as amended by special resolution registered at Companies House on 17 December 2019. It is a company limited by guarantee and therefore has no share capital. The liability of each member in the event of winding-up is limited to £10.
## _**Recruitment and appointment of trustees**_
The method of appointment of trustees/directors is in accordance with the governing document of the charity.
Anyone can put themselves forward to be a trustee, subject to approval by the board. The Board of Trustees are always looking to recruit new trustees who can bring new skills and experiences into the charity.
## _**Induction and training of trustees**_
Trustees are informed of their role and the relevant legislation and given a copy of the Memorandum and Articles of Association.
## _**Major risks and management of those risks**_
## _Policies_
All the policies that are in place, including financial controls, equalities, and declaration of interest, have set dates for review; thus ensuring relevance through periodic evaluation.
## **Small company provision**
This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.
The annual report was approved by the trustees of the charity on ...20/09/2024....... and signed on its behalf by:
......................................... Christine Adams Trustee
Page 5
## **Moorlands Voluntary and Community Transport**
## **Independent Examiner's Report to the trustees of Moorlands Voluntary and Community Transport ('the Company')**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of Moorlands Voluntary and Community Transport as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...................................... Daryl Denson ACMA
VAST The Dudson Centre Hanley Stoke-on-Trent ST1 5DD
Date:.......24/09/2024......................
Page 6
## **Moorlands Voluntary and Community Transport**
## **Statement of Financial Activities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)**
|**Note**
**Income and Endowments from:**
Donations and legacies
3
Other trading activities
4
Total income
**Expenditure on:**
Charitable activities
5
Total expenditure
Net income/(expenditure)
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
15
**Note**
**Income and Endowments from:**
Donations and legacies
3
Other trading activities
4
Total income
**Expenditure on:**
Charitable activities
5
Total expenditure
Net income
Net movement in funds
**Reconciliation of funds**
Total funds brought forward
Total funds carried forward
15|**Unrestricted**
**funds**
**£**
8,114
16,305
24,419
(13,684)
(13,684)
10,735
10,735
36,085
46,820
**Unrestricted**
**funds**
**£**
2,609
14,479
17,088
(11,312)
(11,312)
5,776
5,776
30,309
36,085|**Restricted**
**funds**
**£**
24,156
-
24,156
(32,508)
(32,508)
(8,352)
(8,352)
17,837
9,485
**Restricted**
**funds**
**£**
34,440
-
34,440
(33,803)
(33,803)
637
637
17,200
17,837|**Total**
**2024**
**£**
32,270
16,305|
|---|---|---|---|
||||48,575|
||||(46,192)|
||||(46,192)|
||||2,383|
||||2,383
53,922|
||||56,305|
||||**Total**
**2023**
**£**
37,049
14,479|
||||51,528|
||||(45,115)|
||||(45,115)|
||||6,413|
||||6,413
47,509|
||||53,922|
All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 15.
The notes on pages 9 to 22 form an integral part of these financial statements. Page 7
## **Moorlands Voluntary and Community Transport**
## **(Registration number: 11965532) Balance Sheet as at 31 March 2024**
|**Note**
**Fixed assets**
Tangible assets
11
**Current assets**
Debtors
12
Cash at bank and in hand
13
**Creditors: Amounts falling due within one year**
14
**Net current assets**
**Net assets**
**Funds of the charity:**
**Restricted income funds**
Restricted funds
15
**Unrestricted income funds**
Unrestricted funds
**Total funds**
15|**2024**
**£**
-
6,406
51,326
57,732
(1,427)
56,305
56,305
9,485
46,820
56,305|**2023**
**£**
8,600
6,678
39,735|
|---|---|---|
|||46,413
(1,091)|
|||45,322|
|||53,922|
|||17,837
36,085|
|||53,922|
For the financial year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476; and
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements on pages 7 to 22 were approved by the trustees, and authorised for issue on ...20/09/2024........ and signed on their behalf by:
.........................................
Christine Adams Trustee
The notes on pages 9 to 22 form an integral part of these financial statements. Page 8
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **1 Charity status**
The charity is limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of liquidation.
## **2 Accounting policies**
## **Summary of significant accounting policies and key accounting estimates**
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
## **Statement of compliance**
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). They also comply with the Companies Act 2006 and Charities Act 2011.
## **Basis of preparation**
Moorlands Voluntary and Community Transport meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## **Going concern**
The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.
## **Income and endowments**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## _**Donations and legacies**_
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 9
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## _**Grants receivable**_
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.
## _**Charitable activities**_
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **Governance costs**
These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including independent examination, strategic management and trustees’s meetings and reimbursed expenses.
## **Government grants**
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
## **Taxation**
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
## **Tangible fixed assets**
Individual fixed assets costing £1,000.00 or more are initially recorded at cost.
## **Depreciation and amortisation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Page 10
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
**Asset class** Motor Vehicles
## **Depreciation method and rate**
33.33% straight line
## **Trade debtors**
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
## **Trade creditors**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
## **Fund structure**
Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.
Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
## **Pensions and other post retirement obligations**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Page 11
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **Financial instruments**
## _**Classification**_
Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.
## _**Recognition and measurement**_
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.
Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.
## **3 Income from donations and legacies**
|Donations and legacies;
Donations from companies, trusts and similar
proceeds
Donations from individuals
Grants, including capital grants;
Government grants
Grants from other charities
Grants from companies|**Unrestricted**
**funds**
**General**
**£**
640
892
-
-
6,582
8,114|**Restricted**
**funds**
**£**
-
-
22,166
1,990
-
24,156|**Total**
**2024**
**£**
640
892
22,166
1,990
6,582|
|---|---|---|---|
||||32,270|
Page 12
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
|Donations and legacies;
Donations from companies, trusts and similar
proceeds
Donations from individuals
Donations from community groups
Grants, including capital grants;
Government grants
Grants from other charities|**Unrestricted**
**funds**
**General**
**£**
500
251
1,858
-
-
2,609|**Restricted**
**funds**
**£**
-
-
-
21,940
12,500
34,440|**Total**
**2023**
**£**
500
251
1,858
21,940
12,500|
|---|---|---|---|
||||37,049|
**4 Income from other trading activities**
|Trading income;
Sales of goods and services
Other trading income
Trading income;
Sales of goods and services
Other trading income
Local fundraising and street collection income|**Unrestricted**
**funds**
**General**
**£**
16,097
208
16,305
**Unrestricted**
**funds**
**General**
**£**
13,583
79
817
14,479|**Total**
**2024**
**£**
16,097
208|
|---|---|---|
|||16,305|
|||**Total**
**2023**
**£**
13,583
79
817|
|||14,479|
Page 13
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **5 Expenditure on charitable activities**
|Volunteer expenses
Insurance
Vehicle repairs & maintenance
Fuel costs
Promotion & advertising
General office costs, telephone & postage
Legal & professional costs
Rent & utilities
Bank charges
Sundry expenses
Website
Pension
Staff costs
Governance costs
Payroll Costs
Depreciation
Other vehicle costs|**Activity**
**undertaken**
**directly**
**£**
267
2,769
2,229
1,518
-
1,464
-
5,537
338
54
600
507
18,740
662
607
8,600
2,300
46,192|**2024**
**£**
267
2,769
2,229
1,518
-
1,464
-
5,537
338
54
600
507
18,740
662
607
8,600
2,300
46,192|**2023**
**£**
409
2,944
4,599
1,562
147
1,407
243
5,554
72
26
600
-
18,427
525
-
8,600
-|
|---|---|---|---|
||||45,115|
Page 14
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **6 Analysis of governance and support costs**
## **Governance costs**
|Independent examiner fees
Examination of the financial statements
Independent examiner fees
Examination of the financial statements|**Unrestricted**
**funds**
**General**
**£**
662
662
**Unrestricted**
**funds**
**General**
**£**
525
525|**Total**
**2024**
**£**
662|
|---|---|---|
|||662|
|||**Total**
**2023**
**£**
525|
|||525|
Page 15
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **7 Government grants**
National Lottery Community Fund -£20,966 (2023: £19.350) To provide funds to support voluntary and community transport.
Biddulph Town Council - £1,000 (2023: £1,800)
To provide funds to support the running of the Biddulph office.
Leek Town Council - £nil (2023: £200)
To provide funds to support the running of the Leek office.
Cheadle Town Council - £200 (2023: £200)
To provide funds to support the running of the Cheadle office.
Staffordshire County Council Community Fund - £nil (2023:£390) To provide funds for the purchase of hi-vis jackets and coats.
The amount of grants recognised in the financial statements was £22,166 (2023 - £21,940).
There are no unfulfiled conditions.
No other forms of government assistance have been received.
## **8 Trustees remuneration and expenses**
No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.
No trustees have received any reimbursed expenses or any other benefits from the charity during the year.
Page 16
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **9 Staff costs**
The aggregate payroll costs were as follows:
|The aggregate payroll costs were as follows:|||
|---|---|---|
|**Staff costs during the year were:**
Wages and salaries
Pension costs|**2024**
**£**
18,740
507
19,247|**2023**
**£**
18,010
417|
|||18,427|
The monthly average number of persons (including senior management team) employed by the charity during the year was as follows:
|Employees|**2024**
**No**
2|**2023**
**No**
2|
|---|---|---|
(2023 - 1) of the above employees participated in the Defined Contribution Pension Schemes.
No employee received emoluments of more than £60,000 during the year.
The total employee benefits of the key management personnel of the charity were £17,054 (2023 - £16,243).
## **10 Taxation**
The charity is a registered charity and is therefore exempt from taxation.
Page 17
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **11 Tangible fixed assets**
|**Cost**
At 1 April 2023
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for the year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**12 Debtors**
Trade debtors
Prepayments
Accrued income
**13 Cash and cash equivalents**
Cash on hand
Cash at bank
**14 Creditors: amounts falling due within one year**
Trade creditors
Other taxation and social security
Pension scheme creditor
Accruals||**Motor**
**vehicles**
**£**
25,800||**Total**
**£**
25,800
25,800
17,200
8,600
25,800
-
8,600
**2023**
**£**
533
413
5,732|
|---|---|---|---|---|
|||25,800|||
|||17,200
8,600|||
|||25,800|||
|||-|||
|||8,600|||
|||**2024**
**£**
731
675
5,000
6,406
**2024**
**£**
17
51,309
51,326
**2024**
**£**
299
108
99
921
1,427|||
|||||6,678|
|||||**2023**
**£**
17
39,718|
|||||39,735|
|||||**2023**
**£**
10
97
94
890|
|||||1,091|
Page 18
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
|**15 Funds**
**Unrestricted funds**
**_General_**
General Fund
**Restricted funds**
Biddulph Town Coucil
National Lottery
Cheadle Town Council
Garfield Weston Foundation
Yapp Charitable Trust
Baron Devenport
Your Housing
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2023**
**£**
36,085
70
8,600
-
2,500
6,667
-
-
17,837
53,922|**Incoming**
**resources**
**£**
24,419
1,000
20,966
200
-
-
1,000
990
24,156
48,575|**Resources**
**expended**
**£**
(13,684)
(1,000)
(24,324)
(200)
(2,500)
(2,500)
(1,000)
(984)
(32,508)
(46,192)|**Balance at 31**
**March 2024**
**£**
46,820
70
5,242
-
-
4,167
-
6|
|---|---|---|---|---|
|||||9,485|
|||||56,305|
Page 19
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
|**Unrestricted funds**
**_General_**
General Fund
**Restricted**
Biddulph Town Coucil
Leek Town Council
National Lottery Community
Fund
National Lottery
The Arnold Clark Community
Fund
Cheadle Town Council
Community Foundation for
Staffordshire - We Love the
Moorlands
Garfield Weston Foundation
Staffordshire County Council
Community Fund
VAST Bursary Fund
Yapp Charitable Trust
**Total restricted funds**
**Total funds**|**Balance at 1**
**April 2022**
**£**
30,309
-
-
-
17,200
-
-
-
-
-
-
-
17,200
47,509|**Incoming**
**resources**
**£**
17,088
1,800
200
19,350
-
1,000
200
1,000
2,500
390
500
7,500
34,440
51,528|**Resources**
**expended**
**£**
(11,312)
(1,730)
(200)
(19,350)
(8,600)
(1,000)
(200)
(1,000)
-
(390)
(500)
(833)
(33,803)
(45,115)|**Balance at 31**
**March 2023**
**£**
36,085
70
-
-
8,600
-
-
-
2,500
-
-
6,667|
|---|---|---|---|---|
|||||17,837|
|||||53,922|
Page 20
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
The specific purposes for which the funds are to be applied are as follows:
## Leek Town Land Trust
To provide funds to support voluntary and community transport in the Leek area.
Biddulph Town Council
To provide funds to support the running of the Biddulph office.
Leek Town Council
To provide funds to support voluntary and community transport in the Leek area.
National Lottery Community Fund To provide funds to support voluntary and community transport
National Lottery Funds to purchase a minibus
Your Housing Funds to purchase a PC
Arnold Clark Community Fund Towards the minibus running costs
Cheadle Town Council
Towards the rent and telephone costs of the Cheadle office.
Community Foundation for Staffordshire – We Love the Moorlands Towards the rental costs of the Leek Office
Garfield Weston Foundation
To provide funds to support voluntary and community transport
Staffordshire County Council Community Fund To provide funds for the purchase of hi-vis jackets and coats.
VAST Bursary Fund
Towards the cost of VAST accountancy services.
Yapp Charitable Trust Towards the charity’s core costs
Page 21
## **Moorlands Voluntary and Community Transport**
## **Notes to the Financial Statements for the Year Ended 31 March 2024**
## **16 Analysis of net assets between funds**
|**16 Analysis of net assets between funds**||||
|---|---|---|---|
|Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets|**Unrestricted**
**funds**
**General**
**£**
48,247
(1,427)
46,820
**Unrestricted**
**funds**
**General**
**£**
-
37,176
(1,091)
36,085|**Restricted**
**funds**
**£**
9,485
-
9,485
**Restricted**
**funds**
**£**
8,600
9,237
-
17,837|**Total funds**
**at 31 March**
**2024**
**£**
57,732
(1,427)|
||||56,305|
||||**Total funds**
**at 31 March**
**2023**
**£**
8,600
46,413
(1,091)|
||||53,922|
## **17 Related party transactions**
There were no related party transactions in the year.
Page 22