2021-03-31-accounts - Tower Hamlets Community Transport

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For the year ended 31	March	2021
				2021			2020
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
	Note	Funds 2	Fundsf	Funds 6	Funds	Funds F	Funds
Income from:
Donations and grants Other trading activities Investments income		79,806 30,992 28		79,806 30,992 28	141,143 222,046 145		141,143 222,046 145
Total income		110,826		110,826	363,334		363,334
Expenditure on: Charitable activities		287,130		287,130	382,690		382,690
Total expenditure		287,130		287,130	382,690		382,690
Net Incomel (expenditure) for the year	7	(176,304)		(176,304)	(19,356)		(19,356)
Net movement in funds		(176,304)		(176,304)	(19,356)		(19,356)
Reconciliation offunds:
Total funds brought forward		266,188		266,188	285,544		285,544
Total funds carried forward	12	89,884		89,884	266,188		266,188

As at 31 March		2021
							2021	2021	2020	2020
						Note		6	2	2
Rxsd assets: Tangible assets										94,236 94,236
Current assets:
Assets held tor sale Stock Debtors Cash at hank and In Tola I Current Assets		hand				8 9 10	000489 6,688 01 90T I 0,001		2,000 140,'/44 03,802 196,346
LiabllitlesI' 0 dll:	I	I III 0 d	llhl	y	7	11	~d9177		24,394
Nst current assets		I (liabilities)						00000		'ITt 052
Totalnstasseis	I(liabilities)							89,884		206,100
Charity Funds
Itesutctsd funds Unrestricted funds								89,984		266,188
Total funds								89884		266,188

Incomefromdonations and	grants
				2021	2020
		Unrestricted	Restricted	Tots I	Total
		Fundsf	Fundsf	fundsf	funds
Donations		1,000		1,000
Grants; FL DaR MOAT Third Sector Consortium					120,501 20,642
HMRC JRS Grant BSOG Grant 2019/20		56,267 10,539		56,267 10,539
Tower Hamlet Council (THCVS)		12,000		12,000
		79,806		79,806	141,143
Income from other trading	activities			2021	2020
		Unrestricted	Restncted	Total	Total
		Funds	Funds	funds	funds
		f	f
Vehicle Usage Income Member Training Programme Garage Income Management &Administration Membership Self-Generated Income		2,764 612 19,575 7,815 226		2,764 612 19,575 7,815 226	148,426 8,940 35,680 18,375 3,204 7,421
		30,992		30,992	222,046
Investment income				2021	2020
		Unrestricted	Restricted	Total	Total
		Fundsf	Funds 6	funds 6	funds
Bank interest receivable		28 28		28 28	145 145

Expenditure analysis
	Charitable	Support	2021	Charitable	Support	2020
	Activitiesf	costs	Totalf	Activitiesf	costs f	Totalf
Wages and salaries (note 6) Employer's NIC Pension costs Agency staff Vehicle usage: costs due to partners Vehicle maintenance expense Garage parts and consumables Other direct costs Rent Rates and water Light and heat Repair and maintenance Insurance (including general &garage) Consultancy Legal and professional fees Telephone Other office costs Miscellaneous expenditure/photocopier Computer maintenance and support Member training program Subscription Bank charges Accountancy Independent examination fees Bad debts Depreciation Loss on disposal of fixed assets	163,947 5,107 554 44 36,145 3,687 142	659 3,626 2,040 8,370 5,380 5,782 2,522 5,207 4,346 4,563 1,013 2,320 161 2,788 500 5,600 18,131 4,496	163,947 5,107 554 44 36,145 3,687 142 659 3,626 2,040 8,370 5,380 5,782 2,522 5,207 4,346 4,563 1,013 2,320 161 2,788 500 5,600 18,131 4,496	182,144 11,918 1,267 1,215 7,827 97,402 6,255 401	500 380 6,931 6,346 3,159 1,929 2,643 6,665 3,985 3,091 7,646 325 400 2,450 27,811	182,144 11,918 1,267 1,215 7,827 97,402 6,255 401 500 380 6,931 6,346 3,159 1,929 2,643 6,665 3,985 3,091 7,646 325 400 2,450 27,811
	209,626	77,504	287,130	308,429	74,261	382,690
Support costs allocation	77,504	(77,504)		74,261	(74,261)
Total expenditure	2 713D	.	2 713D	32,332		382,690

Net Incomel (expenditure)		2021	2020
This is stated after charging/ (crediting):
Depreciation oftangible fixed Assets Independent examination fee (excl. VAT)		18,131 500	27,812 2,450
Analysis ofstaff costs, trustee remuneration and the cost ofkey management personnel	and expenses,	2021 f	2020 5
Salaries and wages Social security costs Employers pension contributions Redundancy costs		113,831 5,107 554 50,116 169,608	182,144 11,918 1,267 195,329

employe	es	during the y	ear is analysed as f	ollows:
					2021	2020
Number Number	of of	management core service	and administrative staff	staff	3.0 1.0 4.0	10.0 1.0 11.0

For	the year ended 31 March 2021	the year ended 31 March 2021	the year ended 31 March 2021	the year ended 31 March 2021
8.	Tangible Fixed Assets -held for sale
					Motor
					Vehicles f	Equipment f	Totalf
	Cost
	At 1 April 2020 Disposals				449,144 (325,939)	15,113 (15,113)	464,257 (341,052)
	At 31 March 2021				123,205		123,205
	Depreciation
	At 1 April 2020 Charged this period Disposals				354,908 18,131 (300,323)	15,113 (15,113)	370,021 18,131 (315,436)
	At 31 March 2021				72,716		72,716
	Net book value
	At 31 March 2021				50,489		50,489
	At 31 March 2020				94,236		94,236
9.	Stocks
						2021 6	2020f
	Raw materials and consumable			(garage)			2,000 2,000
10.	Debtors
						2021	2020
	Trade Debtors					1,209	95,974
	Prepayments and other debtors VAT recoverable					3,407 2,049	44,770
						6,665	140,744
11.	Creditors: amounts falling		due	within one year		2021 6	2020f
	Trade Creditors					2,226	6,837
	Social Security and Accruals and other	other Taxes Creditors				1,335 45,616	3,295 14,262
						49,177	24,394
	Deferred Income					2021	2020f
	Balance at the beginning of		the	year		2,560
	Amount released to income		in the year			(2,560)
	Amount deferred in Balance at the end	the year ofthe year					2,560 2,560

For	the year ended 31 M	ar	ch 2021
12.	Movement in Funds				At 1st				At 31st
	Current year Unrestricted Funds				April 2020f	Incomef	Expenses	Transfersf	March 2021f
	General Funds				123,688	110,826	287,130	142,500	89,884
	Staff Commitment reserve	Fund			25,000			(25,000)
	Building repair contingencies Fleet vehicles (fixed assets)		Fund replacement	fund	7,500 110,000			(7,500) ~44 ~,000
					266,188	110,826	287,130		89,884
					At 1stApril				At 31st
	Movement in Funds Prior year				2019 F	Income F	Expensesf	Transfers	March 2020
	Unrestricted Funds
	General Funds				143,044	363,334	(382,690)		123,688
	Staff Commitment reserve	Fund			25,000				25,000
	Building repair contingencies Fund Fleet vehicle(fixed assets) replacement			fund	7,500 110,000 266, 44	363.334	~32.690		7,500 110,000 266,188
13.	Analysis of net assets between funds						Unrestricted	Restricted	Total Funds
	Current year						Funds f	Funds f	2021 f
	Tangible fixed assets Net Current assets Net Assets						89,884 89,884		89,884 89,884
	Analysis ofnet assets between funds Prior year Tangible fixed assets Current assets Net Assets						Unrestricted Funds f 94,236 171,952 266,188	Restncted Fundsf	Total Funds 2020f 94,236 171,952 266,188