Company number
:
05456793
|
For the year ended 31 March 2020
Report of the Trustees and Unaudited Financial Statements
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Contents Page
1 to 2
Report of the Trustees
3
Independent Examiner's Report to the Trustees
4
Statement of Financial Activities
5
Statement of Financial Position
6 to 10
Notes to the Financial Statements
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Report of the Trustees
The Trustees
,
who are also directors for the purposes of company law
,
have pleasure in presenting their report and the
|
financial statements for the charitable company for the year ended
31
March
2020
.
The Trustees have adopted the
|
provisions of 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 the Republic of Ireland
(
FRS
|
102
) (
effective
1
January
2019
).
|
OBJECTIVES AND ACTIVITIES
Objectives and aims
The objective of the company is to provide a community transport service for such of the inhabitants of Wyre Forest and its neighbourhood who are in need of such a service because of age, sickness or disability (mental or physical), poverty, or because of a lack of availability of adequate and safe public passenger services.
|
The trustees have considered the Charity Commision's guidance on public benefit, including the guidance 'public benefit: running a charity (PB2)'.
|
There was a deficit of £7,197 in the year after administrative expenses of £99,807. The balance of un-restricted funds to carry forward is £65,114. This leaves the charity in a reasonably strong position going forward especially with the increasing pressure on funding from local authorities.
|
STRUCTURE
,
GOVERNANCE AND MANAGEMENT
|
The Charity is governed by the Memorandum and Articles of Association of Wyre Forest Dial
-
a
-
Ride
,
a company limited by
|
guarantee under the Companies Act
2006
.
|
Recruitment and appointment of trustees
|
No formal procedure is currently in place but is in the course of being established.
REFERENCE AND ADMINISTRATIVE INFORMATION
|
Wyre Forest Dial-a-Ride
Charity registration number
|
1110002
05456793
Company registration number
|
The trustees and officers serving during the year and since the year end were as follows:
Mr Glen Michael Collins
Mr Ian Redfern
Mr Jonathan Haley
Mr Lionel Slack
Mr Robert Graham Hartell
Mrs Linda Doreen Hartell
1 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Report of the Trustees Continued
Andrew E S Sherrey
Laburnum House
Adams Hill
Clent
Stourbridge
DY9 9PS
.............................................................................
|
Approved by the Board of Trustees and signed on its behalf by
|
2 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Independent Examiners Report to the Trustees
I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 March 2020.
|
Responsibilities and basis of report
|
As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners 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 that in any material respect
:
|
1
.
accounting records were not kept in respect of the Company 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 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
.
|
Andrew E S Sherrey
Chartered Accountant
Andrew E S Sherrey
Laburnum House
Adams Hill
Clent
Stourbridge
DY9 9PS
18 December 2020
3 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Statement of Financial Activities (including Income and Expenditure Account)
2019
Income and endowments from
:
|
5,709
14,804
2
131,296
127,376
3
137,005
142,180
(144,201)
(133,261)
4
(144,201)
(133,261)
(7,196)
8,919
Total funds brought forward
|
63,392
72,311
Total funds carried forward
|
65,115
72,311
4 of 10
Wyre Forest Dial-a-Ride
Statement of Financial Position
2020
2019
26,411
35,214
8
26,411
35,214
9,034
13,501
9
Debtors
31,676
29,635
40,710
43,136
Creditors
:
amounts falling due within one year
|
(2,006)
(6,039)
10
Net current assets
38,704
37,097
Total assets less current liabilities
|
65,115
72,311
Net assets
65,115
72,311
Unrestricted income funds
|
11
65,115
72,311
65,115
72,311
For the year ended 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
|
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
|
The trustees 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 in accordance with the provisions applicable to companies subject to the small companies regime.
|
The financial statements were approved and authorised for issue by the Board and signed on its behalf by
:
|
17 December 2020
5 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Notes to the Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with the Charities SORP (FRS 102) ‘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)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006. Wyre Forest Dial-a-Ride 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 note(s).
|
Tangible fixed assets are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Motor Vehicles
Fixtures and Fittings
2
.
Income from donations and legacies
|
2019
2020
3,804
5,709
11,000
-
14,804
5,709
3
.
Income earned from other activities
|
2019
2020
127,376
131,296
Bus operating services
127,376
131,296
6 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Notes to the Financial Statements Continued
4
.
Expenditure on other trading activities
|
2019
2020
39,538
44,394
Bus operating services
93,723
99,807
144,201
133,261
5
.
Analysis of support costs
|
2019
2020
Management
99,807
93,723
6
.
Staff costs and emoluments
|
2020
2019
2
Administration
4
Drivers and assistants
7
.
Comparative for the Statement of Financial Activities
|
The comparative year values on the Statement of Financial Activites are for unrestricted funds
.
|
7 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Notes to the Financial Statements Continued
8
.
Tangible fixed assets
|
94,025
8,383
85,642
85,642
8,383
94,025
58,811
6,398
52,413
Charge for year
8,803
496
8,307
67,614
6,894
60,720
24,922
33,229
1,489
1,985
26,411
35,214
2020
2019
Amounts due within one year
:
|
Prepayments and accrued income
|
9,034
13,501
9,034
13,501
10
.
Creditors
:
amounts falling due within one year
|
2020
2019
951
1,076
-
3,000
Accruals and deferred income
|
1,055
1,963
2,006
6,039
8 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Notes to the Financial Statements Continued
Balance at
|
01
/
04
/
2019
|
Balance at
|
31
/
03
/
2020
|
General
72,311
137,005
(144,201)
65,115
General
72,311
137,005
(144,201)
65,115
Unrestricted Funds
-
Previous year
|
Balance at
|
01
/
04
/
2018
|
Balance at
|
31
/
03
/
2019
|
General
63,392
142,180
(133,261)
72,311
General
63,392
142,180
(133,261)
72,311
Purpose of unrestricted Funds
|
General
The purpose of Wyre Forest Dial a Ride is to provide a community transport service for such of the inhabitants of Wyre Forest and its neighbourhood who are in need of such service.
|
12
.
Analysis of net assets between funds
|
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
26,411
38,704
65,115
General
26,411
38,704
65,115
9 of 10
For the year ended 31 March 2020
Wyre Forest Dial-a-Ride
Notes to the Financial Statements Continued
Net current
|
assets
/
|
(
liabilities
)
|
Net Assets
Unrestricted funds
General
35,214
37,097
72,311
General
35,214
37,097
72,311
10 of 10