for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Directors
The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | | |
Tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 3 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Prepayments and accrued income: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | ( | |
Total assets less current liabilities: | | ( | |
Creditors: amounts falling due after more than one year: | | | |
Provision for liabilities: | | | |
Accruals and deferred income: | | | |
Total net assets (liabilities): | | ( | |
Members' funds | |||
Profit and loss account: | | ( | |
Total members' funds: | | ( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2023
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
Debtors due after more than one year: | | |
for the Period Ended 31 March 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
Moorsbus Community Interest Company works to improve public access to and around the North York Moors for its residents and visitors, and for long-term environmental benefit.More than ever, issues of social equity and climate change have influenced our activities and we are grateful to those who share these concerns and have supported us in these difficult times.We achieve our aims through raising knowledge about public transport and its social, economic and environmental impacts, and by contributing to local, regional and national working groups and consultations. We also commission a network of local bus services where none exist and promote these to local communities and visitors. In striving to improve our services we constantly review our activities and seek external advice, largely from professional transport practitioners and academics. They strengthen the view that our particular circumstances are best served by providing timetabled services with relatively large-capacity vehicles. This approach enables us to meet multiple needs of locals and visitors, large communities and tiny ones, as well as significantly volatile demand. Alternative approaches such as Demand Responsive Transport, the use of smaller vehicles, or concentrating on one core route could not meet passenger needs, cope with seasonality, or aspirations for overall growth. Passengers consistently tell us they need a reliable, timetabled service in which they can have full confidence.Our achievements and innovations have been welcomed (and copied) nationally and the CIC makes an important contribution to the wellbeing of society.We have found it increasingly difficult to raise funds to support our activities. Larger grant applications may be very complex and time-consuming and are often unsuccessful. Small donations and grants may be relatively easier to achieve but still take time and may require detailed reports either in writing or by personal presentation.We still suffer from a total lack of support from the two agencies which are in the best position to help us and simultaneously meet their own sustainability objectives. Neither North Yorkshire County Council nor the North York Moors National Park Authority acknowledge that social equity demands major public transport improvements and that by encouraging an ever-increasing number of car-borne visitors, there is huge damage to the environment and society.Lack of funding resulted in buses only operating for three months in 2022. The last-minute nature of this finance resulted in the inability to sign contracts until we had funds in place, leading to a lack of advance publicity. Continuity of funding is the greatest threat to our activities.
We have a long track record of genuine stakeholder involvement, in which we strongly believe, and we are also open to new consultation processes. We have defined four stakeholder groups:Direct users of services. These are surveyed through a detailed questionnaire (available on every bus, on every operational day) which uses standardised questions in order to obtain longitudinal data about passengers, their reasons for travelling, their activities, and their satisfaction with 9 specific areas of service. The results are analysed, discussed and disseminated through the CIC website. In addition, in-depth but less structured consultation takes place as a result of the Directors meeting service users every day on the buses.Indirect beneficiaries include community groups, parish councils and local businesses who are engaged through face-to-face and online meetings. In addition, the Directors attend a number of community events and give presentations to parish and town council meetings, as well as to other bodies.Friends of Moorsbus is an organisation of around 500 members representing users and supporters of Moorsbus. The CIC Directors work closely with this group which forms an important channel of two-way communications.Future generations are the ultimate beneficiary of our work – through positive impacts on society and the environment. To this end we are actively involved in promoting a more equitable transport policy and work hard to ensure the wider public understands the importance of sustainable access for the future wellbeing of the planet.This consultation guides our forward planning, although the aspirations are tempered by what is legal, practical and financially feasible. Our communication is two-way and is shared through many media, including our website, the monthly ‘Moorsbuzz’ newsletter, social media, and through meetings and presentations.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
14 August 2023
And signed on behalf of the board by:
Name: William Breakell
Status: Director