SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Company limited by guarantee
Company Registration Number:
05270340 (England and Wales)
Unaudited statutory accounts for the year ended 31 March 2022
Period of accounts
Start date: 1 April 2021
End date: 31 March 2022
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Contents of the Financial Statements
for the Period Ended 31 March 2022
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2022
Principal activities of the company
Additional information
As well as station based schemes, our emphasis is on social inclusivity and access to the local railway, promoting sustainable local travel and social and economic development. Where possible, the Partnership facilitates visits and events for communities who might not be familiar with or confident using the rail service.
Directors
The directors shown below have held office during the whole of the period from
1 April 2021 to 31 March 2022
Secretary
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
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Profit And Loss Account
for the Period Ended
| 2022 | 2021 | |
|---|---|---|
| | £ | £ |
| Turnover: | | |
| Gross profit(or loss): | | |
| Administrative expenses: | ( | ( |
| Other operating income: | | |
| Operating profit(or loss): | | |
| Interest receivable and similar income: | | |
| Profit(or loss) before tax: | | |
| Profit(or loss) for the financial year: | | |
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Balance sheet
As at
| Notes | 2022 | 2021 | |
|---|---|---|---|
| | £ | £ | |
| Current assets | |||
| Debtors: | 3 | | |
| Cash at bank and in hand: | | | |
| Total current assets: | | | |
| Creditors: amounts falling due within one year: | 4 | ( | ( |
| Net current assets (liabilities): | | | |
| Total assets less current liabilities: | | | |
| Total net assets (liabilities): | | | |
| Members' funds | |||
| Profit and loss account: | | | |
| Total members' funds: | | |
The notes form part of these financial statements
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Balance sheet 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
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Notes to the Financial Statements
for the Period Ended 31 March 2022
-
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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Other accounting policies
Defined Contribution Scheme.The company operates a defined contribution scheme for its employees.The contributions are recognised as expenses when they fall due. The assets of the plan are held separately from the company in independently administered funds.
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Notes to the Financial Statements
for the Period Ended 31 March 2022
-
2. Employees
2022 2021 Average number of employees during the period 4 1
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Notes to the Financial Statements
for the Period Ended 31 March 2022
3. Debtors
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Other debtors | | |
| Total | |
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Notes to the Financial Statements
for the Period Ended 31 March 2022
4. Creditors: amounts falling due within one year note
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income | | |
| Total | | |
COMMUNITY INTEREST ANNUAL REPORT
SEVERNSIDE COMMUNITY RAIL PARTNERSHIP C.I.C
Company Number: 05270340 (England and Wales)
Year Ending: 31 March 2022
Company activities and impact
In the continued aftermath of the pandemic, we continued to adjust to work with restrictions on the work and supported existing volunteers through Zoom and then, when allowed, with groups again meeting at stations. This is to enhance the station experience with community art work and gardening projects. It involves volunteers of all ages contributing for the benefit of their local area. The adoption of local stations has been made easier with our sponsorship of Community Payback Schemes on stations. We produced a video using young people to help and promote sustainable travel. We also started hosting "Platform' a community rail education scheme employing qualified teachers to deliver in-house workshops in schools and rail familiarisation visits. We continued our work producing innovative passenger way finding at rail and bus stations.
Consultation with stakeholders
Our main stakeholders are Great Western Railway, Cross Country Trains who together with local authorities Bath & N.E.Somerset,Bristol City, North Somerset,Somerset and South Gloucestershire Councils fund and support the partnership and have representatives of Severnside as our Directors. We consult through them and our independent Directors. We also have assistance from West of England Combined Authority. Apart from formal Board meetings, all of the above are in regular contact with our Partnership Manager to plan projects across the area and to liaise with the volunteers.
Directors' remuneration
Our Chairman receives an honorarium of £8079 per annum. No other Director receives any remuneration.
Transfer of assets
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 November 2022
And signed on behalf of the board by:
Name: Keith Walton
Status: Director