THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
05431185 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,927 747
Total fixed assets: 1,927 747
Current assets
Debtors: 4 17,678 12,169
Cash at bank and in hand: 205,307 185,206
Total current assets: 222,985 197,375
Creditors: amounts falling due within one year: 5 ( 212,823 ) ( 187,469 )
Net current assets (liabilities): 10,162 9,906
Total assets less current liabilities: 12,089 10,653
Total net assets (liabilities): 12,089 10,653
Members' funds
Profit and loss account: 12,089 10,653
Total members' funds: 12,089 10,653

The notes form part of these financial statements

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 27 September 2023
and signed on behalf of the board by:

Name: S Young
Status: Director

The notes form part of these financial statements

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The portion of turnover that represents future service delivery is held in the Deferred Income Account.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & machinery 3 years straight line method

    Other accounting policies

    Pension costsThe company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 12,074 12,074
Additions 2,891 2,891
Disposals
Revaluations
Transfers
At 30 April 2023 14,965 14,965
Depreciation
At 1 May 2022 11,327 11,327
Charge for year 1,711 1,711
On disposals
Other adjustments
At 30 April 2023 13,038 13,038
Net book value
At 30 April 2023 1,927 1,927
At 30 April 2022 747 747

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2023 2022
£ £
Trade debtors 14,521 8,957
Prepayments and accrued income 3,157 3,212
Total 17,678 12,169

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 18,635 16,009
Taxation and social security 6,720 5,369
Accruals and deferred income 185,878 165,069
Other creditors 1,590 1,022
Total 212,823 187,469

COMMUNITY INTEREST ANNUAL REPORT

THAMES VALLEY OPERATORS COMMUNITY INTEREST COMPANY

Company Number: 05431185 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The company’s activities relate to the development and marketing of computer software for communitytransport operators and local authorities throughout the UK and Ireland. This includes the operation ofbuses, voluntary car schemes, and shopmobility.The company primarily markets the software to operators registered as charitable organisations of localauthorities. Smaller community transport operators and local authorities are now able to purchaseprofessional software at an economic cost, enabling them to become more efficient, resulting in betteruse of their resources.

Consultation with stakeholders

The company’s stakeholders are three charitable organisations who are consulted via nominated contacts. Two of the three are also represented on the board of directors. All profits are equally distributed to the three organisations. This provides an additional funding stream for these charitable organisations.

Directors' remuneration

Full disclosure of director’s remuneration is in the accounts, totalling £75299. There were no other transactions or arrangements in connection with the remuneration of Directors, or compensation for Director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 October 2023

And signed on behalf of the board by:
Name: S Jennings
Status: Director