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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent examiner's report to the trustees |
7 |
Statement of financial activities (including income and expenditure account) |
8 |
Statement of financial position |
9 |
Statement of cash flows |
10 |
Notes to the financial statements |
11 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
Liz Mills Depot |
office |
32 Wellington Crescent |
New Malden |
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Surrey |
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KT3 3NE |
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(Retired
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(Retired
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Nigel Newby |
Chief Executive Officer |
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Maria Sheridan-Loughrey |
Deputy Chief Executive Officer |
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Robert Serrij |
Operations Manager |
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independent examiner |
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86 Ormond Drive |
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Hampton |
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Middlesex |
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TW12 2TN |
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Trustee |
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Company Limited by Guarantee |
Independent Examiner's Report to the Trustees of
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
£ |
Donations and legacies |
5 |
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– |
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Charitable activities |
6 |
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Investment income |
7 |
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– |
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Other income |
8 |
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– |
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--------- |
--------- |
--------- |
--------- |
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Total income |
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--------- |
--------- |
--------- |
--------- |
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Expenditure on charitable activities |
9,10 |
(
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(
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(
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(
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--------- |
--------- |
--------- |
--------- |
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Total expenditure |
(
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(
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(
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(
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--------- |
--------- |
--------- |
--------- |
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--------- |
--------- |
--------- |
--------- |
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Net income |
(
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|
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--------- |
--------- |
--------- |
--------- |
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Transfers between funds |
1,446 |
(1,446) |
– |
– |
--------- |
--------- |
--------- |
--------- |
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Net movement in funds |
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Total funds brought forward |
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--------- |
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--------- |
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Total funds carried forward |
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--------- |
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--------- |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
16 |
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Debtors |
17 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
18 |
(
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(
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Restricted funds |
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Unrestricted funds |
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--------- |
--------- |
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Total charity funds |
20 |
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--------- |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Net income |
14,448 |
39,336 |
Adjustments for: |
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Depreciation of tangible fixed assets |
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Other interest receivable and similar income |
(
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(
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Gains on disposal of tangible fixed assets |
(
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(
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Accrued expenses/(income) |
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(
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Changes in: |
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Trade and other debtors |
(
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(
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Trade and other creditors |
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(
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-------- |
-------- |
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Cash generated from operations |
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Interest received |
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-------- |
-------- |
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Net cash from operating activities |
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-------- |
-------- |
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Purchase of tangible assets |
(
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(
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Proceeds from sale of tangible assets |
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-------- |
-------- |
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Net cash used in investing activities |
(
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(
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-------- |
-------- |
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Net decrease in cash and cash equivalents |
(
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(
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Cash and cash equivalents at beginning of year |
352,535 |
381,375 |
--------- |
--------- |
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Cash and cash equivalents at end of year |
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--------- |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Motor Vehicles |
- |
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Equipment |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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General donations |
4,095 |
4,095 |
14,105 |
14,105 |
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Gift Aid |
900 |
900 |
813 |
813 |
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------ |
------ |
-------- |
-------- |
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------ |
------ |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Income from the use of the buses |
332,423 |
23,975 |
356,398 |
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Affiliation fees driver training |
4,209 |
– |
4,209 |
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Royal Borough of Kingston upon Thames |
– |
– |
– |
|
Hampton Fund |
– |
14,300 |
14,300 |
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Richmond Parish Lands Charity |
– |
11,000 |
11,000 |
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Royal Borough of Kingston upon Thames administered by Staywell |
– |
– |
– |
|
Royal Borough of Kingston upon Thames |
– |
32,000 |
32,000 |
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The Victoria Foundation |
– |
20,000 |
20,000 |
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FiSH |
– |
21,320 |
21,320 |
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London Borough of Richmond upon Thames administered by Age UK Richmond Services Ltd |
– |
204,058 |
204,058 |
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--------- |
--------- |
--------- |
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--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Income from the use of the buses |
225,472 |
27,228 |
252,700 |
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Affiliation fees driver training |
3,367 |
– |
3,367 |
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Royal Borough of Kingston upon Thames |
38,556 |
– |
38,556 |
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Hampton Fund |
– |
34,500 |
34,500 |
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Richmond Parish Lands Charity |
– |
10,000 |
10,000 |
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Royal Borough of Kingston upon Thames administered by Staywell |
– |
32,000 |
32,000 |
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Royal Borough of Kingston upon Thames |
– |
– |
– |
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The Victoria Foundation |
– |
25,000 |
25,000 |
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FiSH |
– |
– |
– |
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London Borough of Richmond upon Thames administered by Age UK Richmond Services Ltd |
– |
194,614 |
194,614 |
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--------- |
--------- |
--------- |
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--------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Bank interest receivable |
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------ |
------ |
------ |
------ |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
£ |
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Gain on disposal of tangible fixed assets held for charity's own use |
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------ |
------ |
---- |
---- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
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£ |
£ |
£ |
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Community Transport Operations - Unrestricted |
352,798 |
– |
352,798 |
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Community Transport Operations - Restricted |
– |
311,073 |
311,073 |
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Support costs |
2,000 |
– |
2,000 |
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--------- |
--------- |
--------- |
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--------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
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Community Transport Operations - Unrestricted |
261,710 |
– |
261,710 |
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Community Transport Operations - Restricted |
– |
304,866 |
304,866 |
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Support costs |
2,000 |
– |
2,000 |
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--------- |
--------- |
--------- |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Salary, National Insurance and Pension |
180,208 |
104,335 |
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Depreciation |
35,146 |
34,892 |
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Vehicle Running Costs |
96,840 |
83,690 |
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Training & Conferences |
1,210 |
36 |
|
Premises Costs |
15,931 |
16,924 |
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Administrative Expenses |
23,463 |
21,833 |
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--------- |
--------- |
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352,798 |
261,710 |
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Support Costs - Independent Examination Fee |
2,000 |
2,000 |
|
--------- |
--------- |
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354,798 |
263,710 |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Salary, National Insurance and Pension |
228,262 |
214,417 |
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Depreciation |
25,739 |
28,524 |
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Vehicle Running Costs |
57,072 |
61,925 |
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--------- |
--------- |
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311,073 |
304,866 |
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--------- |
--------- |
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2024 |
2023 |
|
£ |
£ |
|
Depreciation of tangible fixed assets |
60,885 |
63,416 |
Gains on disposal of tangible fixed assets |
(6,913) |
(651) |
-------- |
-------- |
|
2024 |
2023 |
|
£ |
£ |
|
Independent examination of the financial statements |
2,000 |
2,000 |
------ |
------ |
|
2024 |
2023 |
|
£ |
£ |
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Wages and salaries |
|
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Social security costs |
|
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Employer contributions to pension plans |
27,689 |
20,436 |
--------- |
--------- |
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--------- |
--------- |
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2024 |
2023 |
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No. |
No. |
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Number of Operational Staff (FTE) |
12 |
11 |
---- |
---- |
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Motor vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
|
Cost |
|||
At 1 April 2023 |
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Additions |
|
– |
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Disposals |
(
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– |
(
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------------ |
-------- |
------------ |
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At 31 March 2024 |
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------------ |
-------- |
------------ |
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Depreciation |
|||
At 1 April 2023 |
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Charge for the year |
|
– |
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Disposals |
(
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– |
(
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------------ |
-------- |
------------ |
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At 31 March 2024 |
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------------ |
-------- |
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Carrying amount |
|||
At 31 March 2024 |
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– |
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------------ |
-------- |
------------ |
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At 31 March 2023 |
|
– |
|
------------ |
-------- |
------------ |
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2024 |
2023 |
|
£ |
£ |
|
Trade debtors |
|
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Prepayments and accrued income |
|
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Other debtors |
|
|
--------- |
-------- |
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--------- |
-------- |
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2024 |
2023 |
|
£ |
£ |
|
Payments received on account |
|
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Trade creditors |
|
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Accruals and deferred income |
|
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Social security and other taxes |
|
|
Grants in advance |
|
– |
Deferred income |
– |
1,500 |
Other creditors |
|
|
--------- |
-------- |
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--------- |
-------- |
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At 1 April 2023 |
Income |
Expenditure |
Transfers |
At 31 March 2024 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
442,586 |
353,666 |
(354,798) |
1,446 |
442,900 |
--------- |
--------- |
--------- |
------ |
--------- |
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At 1 April 2022 |
Income |
Expenditure |
Transfers |
At 31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
General funds |
392,525 |
284,570 |
(263,710) |
29,201 |
442,586 |
--------- |
--------- |
--------- |
-------- |
--------- |
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At 1 April 2023 |
Income |
Expenditure |
Transfers |
At 31 March 2024 |
|
£ |
£ |
£ |
£ |
£ |
|
Hampton Enterprise Scheme |
– |
117,784 |
(117,784) |
– |
– |
Barnes & Mortlake Enterprise Scheme |
– |
76,138 |
(76,138) |
– |
– |
Staywell Capital Funding |
4,092 |
– |
(1,350) |
– |
2,742 |
FiSH Capital Funding |
17,681 |
21,320 |
(5,836) |
– |
33,165 |
Capital Funding for Minibus purchase |
– |
20,000 |
(18,554) |
(1,446) |
– |
Grant funding for staff |
– |
91,411 |
(91,411) |
– |
– |
-------- |
--------- |
--------- |
------ |
-------- |
|
21,773 |
326,653 |
(311,073) |
(1,446) |
35,907 |
|
-------- |
--------- |
--------- |
------ |
-------- |
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At 1 April 2022 |
Income |
Expenditure |
Transfers |
At 31 March 2023 |
|
£ |
£ |
£ |
£ |
£ |
|
Hampton Enterprise Scheme |
– |
118,030 |
(118,030) |
– |
– |
Barnes & Mortlake Enterprise Scheme |
– |
71,279 |
(71,279) |
– |
– |
Staywell Capital Funding |
6,107 |
– |
(2,015) |
– |
4,092 |
FiSH Capital Funding |
26,391 |
– |
(8,710) |
– |
17,681 |
Capital Funding for Minibus purchase |
– |
47,000 |
(17,799) |
(29,201) |
– |
Grant funding for staff |
– |
87,033 |
(87,033) |
– |
– |
-------- |
--------- |
--------- |
-------- |
-------- |
|
32,498 |
323,342 |
(304,866) |
(29,201) |
21,773 |
|
-------- |
--------- |
--------- |
-------- |
-------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2024 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
109,028 |
14,587 |
123,615 |
|
Current assets |
441,740 |
21,320 |
463,060 |
|
Creditors less than 1 year |
(107,868) |
– |
(107,868) |
|
--------- |
-------- |
--------- |
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Net assets |
442,900 |
35,907 |
478,807 |
|
--------- |
-------- |
--------- |
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Unrestricted Funds |
Restricted Funds |
Total Funds 2023 |
||
£ |
£ |
£ |
||
Tangible fixed assets |
106,981 |
21,773 |
128,754 |
|
Current assets |
417,543 |
– |
417,543 |
|
Creditors less than 1 year |
(81,938) |
– |
(81,938) |
|
--------- |
-------- |
--------- |
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Net assets |
442,586 |
21,773 |
464,359 |
|
--------- |
-------- |
--------- |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
|
£ |
£ |
£ |
|
Cash at bank and in hand |
|
(20,325) |
|
--------- |
-------- |
--------- |
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