Charlty number: 1005716 Company number: 2633594 Lydney Dial A Ride and Community Transport Trustees, report and fmancial statements for the year ended 31 March 2025
Lydney Dial A Ride and Community Tran5POrt Contents Page LEgal and administrative inf0mtion TStees, report dependent examiners, report Statement of financial activities Income and expenditure account Intentionally Blank Balance sheet Notes to the financial statements 10-14
Lydney Dial A Ride and Community Transport LegAI and administrative informatRon Charity number 1005716 Company registration number 2633594 Business address The Bus Station Lyiln¢y GlouCestebIrc GL15 SPE Regfistered office The Bus Station Lydney GloucesteTshire GL15 SPE Trustees M.J.&ren N. W. Penny M. J. Bowring R.W.OEdge I Spencer P. A. Smith Secretary Mr. M. J. Gteen Accountants Oversby & Company Unit IC Crucible Close Coleford Gloucestershire GL16 8RE Bankers Nat West PLC. Neweme Street Lydney Glouce5tershir¢ Virgin Money PLC Jubilee House Gosforth Newcastle Upon Tyn¢ NE3 4PL
Lydney Dial A Ride and Community Transport Report of the trustees (incorporating the directors, report) for the year ended 31 March 2025 The trustees present their report and the financial statements for the year ended 31 March 2025. The trnstees, who are also directors of Lydney Dial A Ride and Community Tr4nsport for the purposes of company law and who served during the year and up to the date of this report are set out on page l. Structurey governance and management The principle objective of the Company is to promote the w¢lfaTe of the elderly, handicapped and people with disabilities. to prevent social isolation and for such other purposes for the benefit of Lydney, Coleford and Cinderford and the surrounding areas of the South Forest and in furtherance of this, to op¢ral¢ a transport service. Lydney Dial-A-Rid¢ and Community Transport is a company limited by guarant¢¢ and a registered cbarAty (Charity Number 1005716). The governing documents are the Memorandum and Articles of Associatioll. Dial-A-Ride Service.. In the financial year 2024125, we completed 7,642 passenger journeys. a slight decrease from the previous year. We have observed an increase in passengers with dementia and those using mobility aids such es walking sticks. rollators. and wheelchairs. Special Education Needs Home to School Transport: We maintained eight Home to School routes, transportillg 39 special education needs children daily, despite losing one route in the summer Volunteer Car Service.. Our volunteers completed 906 car joumeys. providing essential transport for medical appointments. We held our atmual volunteer meeting tn February to thank and support our volunteeTS. Rural Bus Routes: We ¢ontinued to operate eight rural bus routes in collaboration with Gloucestershire County Council, serving areas with limited or no other bus services The Robin - Demand Responsive Transport.. We retained the right to operate Tbe Robin. completing 17,933 journeys this year. This service h&8 been well-received and continues to grow in popularity. Charity Shops: Our charity shops faced challenging trading Conditions, particularly in Lydney. However, the Cillderford shop showed more consistent perfomiance. These shops play a crucial role in promoting our charity and services. This year, we received both unrestricted and restricted fimds. ineluding grants for mtnibus purchases and passenger trips. We extend our gratitude to our supporters, including West Dean Parish Council. Florence Shute, Tesco, Bamwood Tnt, Bernard Sunley Foundation, and Bruce Wake Charitable Trust. Plans for future periods We aim to continue expanding our servlces to meet the growing needs of our communlty. We are actively seeking more volunteers to support our Volunteer Car Service and exploring opportunities to enhance our charity shops, perfomiance. ?.
Lydney Dial A Ride and Community Transport Report of the trustees (incorporating the directors, report) for the year ended 31 March 2025 Statement of trustees, responsibilities The trustees (who are also directors of Lydney Dial A Ride and Community Transport for the purpose of company law) are responsible for preparing the Trustees, Annual Report and the financial statements in accordanc¢ with applicable law and United Kingdom Generally Accepted Accounting Prdctice. Company l&w requires the lrnstees to prepare financial statements for eacb fmancial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditUTe. of the charitable company for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and then apply them ¢onsist¢ntly' observe the methods and principles in th¢ Charities SORP. make judgements and estimates that a reasonable and prudent. state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statements; and prepare the financial Statements on th¢ going concern basis unless it is inappropriate to presume that the charitable Company will continue in operation. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other I¢gularitieS. Small company provisions This report has been pr¢paTed in accoTdance with the special provisions for small companies under Part 15 of the Companies Act 2006. On behalf of the board Secretary
Lydney Dial A Ride and Community Transport Independent examiner's report to the trustees on the unaudited financial staten]ents of Lydney Dial A Ride and Community Transport. I report on the accounts of Lydney Dial A Ride and Community Transport for the year ended 31 March 2025 s¢t out on pages 2 to 14. Respective responsibilities of trustees and independent examiner The charity's trustees (who are also the directors of the company for purposes of cornpany law) are responsible for the preparation of the a¢counts. The tNstees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Acl 201 I( The Act ). I report in respect of my examination of the Trust's Accounts Caled out under s¢¢tion 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Dire¢tions issued by the CIMrity Commission under section 145(5)(b) of the Act. Basis of independent examiner's statement My exatllination was carried out in accordance with the General Directions given by the Cbarkty Commission. An examination includes a review of the accounting records kept by the Chatily and a comparison of the accounts presented with those Tecords. It also includes consideration of any unusual items or disclosuTes in the accounts, and seekin8 explanations from you as trnslees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given a8 to whether the aLcounts present a 'true and fair view, and the report is lirnitsd to tbose matters set out in the statement below. Independent examiner's statement In connection with my ¢xamination, no matter has come to my attention.. (i) which gives me reason&ble cause to believe that in any material respect the qU1MentS.. to keep proper accounting records in accordanc¢ with section 386 of tbe Companies Act 2006. and to prepare accounts wbich accord with the accounting records. comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of th¢ Statement of Recommended Practice: Accoullting and Reporting by ChaTiti have not been met. or {ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. . Daniel John Oversby A.C.P.A. Independent examiner Unit IC Crucible Close Coleford GlouCeStehI GL16 8RE
Lydney Dial A Ride and Community Transport Statement of fInancial activities For the year ended 31 March 2025 Unrestricted Re5trÉcted funds futbd5 2025 Total 2024 Totsl Nots$ Incoming resour¢es Incoming resources from generating fifftds.. Voluntary income Activities for generating fill Inv¢stment income Other in¢oming resouwes 156.767 683,671 84,279 241.046 683,671 169,324 659,550 154 22,507 42,874 42,874 Total incoming resources 884,157 84,279 968,436 851.535 Resources expended Staff costs Establishment costs Motor and travelling expenses Accountancy fees Legal and professional fee5 Cornmunications and IT Other office expenses Depreciatlon and impaimient 566,825 48,783 139,636 1,400 16,175 3.513 25,406 37.743 566,825 48,783 139,636 1,400 16.175 3,513 25,406 37,743 473,375 53,857 142.951 1,460 18.365 3.508 4,475 18,754 Total resources expended 839,481 839,481 716,745 Total ndS brought forward 164.155 173.750 337,905 203,115 Total funds carried fonvard 208,831 258,029 466,860 337,905 The notes on psiges 10 to 14 forjn am llltegral p#rt of these financial ststements.
Lydney Dial A Ride and Community Transport Income and expenditure account For the year ended 31 March 2025 2025 2024 Notes Income Net gain5 from disposal of income fijnd fixed assets 965,329 2,262 851.381 Total income 967.591 851.381 Operating expenditure (839,481) {716,745) Operating surplus 128,110 134.636 Other income Interest receivable and similar income 154 154 Retained surplus for the financial year 128,955 134.790 The notes on pages 10 to 14 form an integrAI part of these statements.
Lydney Dial A Ride and Community Transport Balance sheet as at 31 March 2025 2025 2024 Notes Flxed assets Tangible assets Current assets Debtors Cash at bank and in hand 188,720 53,205 10 80,579 322.185 54J15 261,812 402,764 316.127 Creditors: amounts falling due within one year li (124,623) (31,427) Net current assets 278.141 284,700 Net fdssets 466,861 337,905 Funds Restricted income fvnds Unrestricted income fund5 12 268,701 198,160 173.750 164,155 Total funds 466,861 337.905 The Balance Sheet continues on the following page. The note5 on pages 10 to 14 form an integral part of these flnAncial statements.
Lydney Dial A Ride and Community Transport The notes on pages 10 to 14 form integral part of th¢se financffial st4tements. PAOP 7
Lydney Dial A Ride and Community Transport Balance sheet (continued) Trustees Statements required by the Companies Act 2006 for the year ended 31 March 2025 In approving these financial statements as trL)Stees of ihe companywe hereby confinn.. (a) that for the year stated above the company was entitled to the exemption conf¢ed by section 477 of the Companies Act 2006 ' (b) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies Act 2006 requesting that an audit be conducted for th¢ year ended 31 March 2025. (¢) that we acknowledge our responsibilities for: (l) ensuring that the company keeps proper accounting records wbich ¢omply with section 386 of the Companies Act 2006, and (2) Preparing financial statements which give a tNe and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the year Ilien ended in accordance with the requirements of sections 394 and 395, and which otherwise comply with the provisions of the Companies Act relating financial statements. so far as applicable to the company. These financial ststements are prepared in accordance with the special provisions applicable to srnall companies subject to the small companies regime and in a¢cordance with FRS 102 and the Charities SORP (FRS 102). The financial statements were approved by the board on and sigt)ed on its behalf by M.J. Green Director The notes on pages 10 to 14 forni integral part of these financial statements.
Lydney Dial A Ride and Community Transport Notes to financial statements for the year ended 31 March 2025 Accounting poliefies The principal accounting policies are summarised b¢low. The accounting policies have been applied consistently throughout the year and th¢ preceding year. Basis of accounting The finaneial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard 102 (FRS 102), the Statement of Recommended Prnctice: Accounting and Reporting by Charities (Charities SORP- FRS 102) applicable iti th¢ UK and Republic of Treland. 1.2. Incoming resources All incoming resources are included in the ststement of finaT)cial activittes when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income.. Voliintary income is received by way of grants. donations and gifts and is included in 11 in the statement of rinancial activities when receivable. Grants where entitlement is not condillonal on the delivery of a specifjc perfomiance by the charity, are recognised when the charity becomes uncondilion&lly entitled to the grant. Donated services and facilities are included at th¢ value to the charity where this can be quantified. The value of services provided by volunteers ]]as not been included. Gifts donated for resale are included as iticoming resources within activities for generating fijnds when they a sold. Grants, including grants for the purchase of fixed assets, are recognised in 11 in the statement of financial activities in the year in which they are receivable. Income from thc charity shop is included in the y¢ar in wbich it is receivable. Income from investments is included in the year in whicb it is receivable. 1.3. Resources expended Expenditure is rQgnIsed on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which il relates. Costs of generating funds comprise the costs assOC2ated with attracting voluntary income and the costs of trading for fundraising purposes including the eharity's shop. Charitable expenditure Comprises those costs incurred by the charity in the delivery of its activtties and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Fundraising Costs ar¢ those InCued in seeking voluntary contributions and do not include tbe costs of disseminating inforn]ation in sUPPOrt of the charitable activities. Support costs are thos¢ costs incurred directly in support of expenditure on the objects of the charity and in¢lude project management. Paop I
Lydney Dial A Ride and Community Transport Notes to financial statements for the year ended 31 March 2025 1.4. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to wrtte off the cost less residual value of each asset over its expected useful life, as follows: Plant and machinery Fixtures, fittings and equiprn¢nt Motor vehicles I 00/0 Straight Line 200/0 straIt Line 25 /0 Reducing Balance Voluntary income Unrestrlcted Restrlcted unds funds 2025 Total 2024 Totsl Donations Grants receivable 2,418 154,349 2,418 238,628 4,241 165,083 84279 156.767 84,279 241,046 169,324 Activitles for generating funds Unrestricted funds 2025 Total 2024 Total Shop income Fundraising events FaS Tenders 69,919 130 163,568 450,054 69,919 130 163,568 450,054 78,208 25,361 337,732 218,249 683.671 683.671 659.550 Investment income Unrestrleted funds 2025 Total 2024 Totsl Bank interest r¢ceivable 845 845 154 845 154 11
Lydney Dial A Ride and Community Transport Notes to financial statements for the year ended 31 March 2025 Other incoming resources Unreslricted funds 2025 Total 2024 Total Gain on disposal of tangible fixed assets Fuel Rebate Other Chargeable Rental Income 2.262 11,816 24,096 4.700 2.262 11,816 24,096 4,700 14,572 1.935 6,000 42,874 42.874 22,507 Net incoming resources for the year 2025 2024 Net incoming reSoUeS is stated after cbarging-. Depreciation and other amounts written off tangtble fixed assets alld after crediting: Profit on disposal of tangible fixed assets 37,743 18,754 2,262 Employees Employment costs 2025 2024 Wages and salaries 566.825 473,375 No employee e7ved emoluments of more than £60,000 (2024 . None). Number of employees The av¢rage monthly numbers of employee5 (including the trustees) during the year. calculated on the basis of full time equivalents, was as follows: 2025 2024 Number Number Management& Administration Drivers & Passenger Assistsnts Shop Staff 31 31
Lydney Dial A Ride and Community Transport Notes to financial statements for the year ended 31 March 2025 Taxation The charity's activities fall within the exemptions afforded by the provisions of the Corporation Tax Act 2010 and In¢ome Tax Act 2007. Accordingly, there is no taxalion charge in th¢se accounts. Fixtures, Plant and fittlllgs and machlnery equRpmenl Tangible fixed assets Motor vehicles Total Cost At l April 2024 Additions Disposals 7,419 31,102 527,132 565,653 l76,996 176.996 (2 1.000) (21.000) At 31 March 2025 7,419 31,102 683,128 721,649 Depreciation At l April 2024 Charge for the year On disposals 7,419 30,517 117 474,513 512,449 37,626 37.743 (17,262) (17,262) At 31 March 2025 7.419 30,634 494,877 532,930 Net book values At 31 March 2025 468 188,251 188,719 At 31 March 2024 585 52.619 53.205 io. Debtors 2025 2024 Trade debto Other debtors 64.318 16261 44,518 9,797 80,579 54J15 ii. Creditors: amounts falling due within one year 2025 2024 Trade credito Other taxes and social security Accruals and deferred income 111,273 7,451 5,900 19,713 5.814 5,900 124,624 31,427
Lydney Dial A Ride and Community Transport Notes to financial statements for the year ended 31 March 2025 12. Analys1$ of net assets between funds Unrestrirted Restricted funds funds Total funds Fund balances at 31 March 2025 as represented by: Tangible fixed assets Investment assets Current &ss¢ts 110,144 78,576 179,453 188,720 179,453 98.683 98,683 208.827 258,029 466.856 13. Unrestricted funds At At 1st April In¢oming Outgolllg 31st M*r¢h 2024 re80urc¢s resources 2025 General Funds 164,155 884,158 (839,481) 208,832 Purposes of unrestricted funds Running cost funds 14. Restrlcted funds At At l$t April Incoming 31st MArch 2024 resources 2025 Redundancy Funds 173.750 84,279 258,029 Puryoses of restricted funds The reserves are held to support the fiiture running and stability of the Charity and to cover th¢ estimated costs of Redundancies and associated expenses relating to tbe closure ofthe busRness.
Lydney Dial A Ride and Community Transport The following pages do not form part of the statutory accounts.
Lydney Dial A Ride and Community Transport Detailed statement of financial activities For the year ended 31 March 2025 2025 2024 Charitable activities Activity I Activities undertakert directly Activityl - Direct- Staff_ Wages & Salaries Activityl - Direct- Establishment- Rent Activityl - Dir¢¢t- Establishment- Rates & water Activityl - Direct- Establishment- Light & heat Activityl _ Direct- Establislunent- Rep. & mainL Activityl - Direct- Establishment- Insurdnce Activityl _ Direct- Motor vehicle expenses Activityl - Direct - Other motor & travel expenses Aetivityl - Direct- Professional - Legal fees Activityl - Direct- Office expenses - Telephone Activityl - Direct- Office expenses- Other Activityl - Direct- Depreciation & impairnient 418,805 872 337,792 147 696 5,620 5.502 19,184 39,563 74,442 15,301 1,848 1,247 18,754 707 6,036 16,285 37,588 69,200 13,895 1,184 22,319 37,743 624,634 520,096 Activity I total expenditure 624,634 520.096 Activity 2 ALlivities undeylaken directly Activity2- Direct- Staff- Wages & SalaTi¢S Activity2- Direct- Establishment- Rates & water Activity2- Direct- Establishrn¢nt- Light & heat Activity2 - Direct- Estsblishment- Rep. & maint. Activity2- Direct- Establishment- Insurance Activity2 - Direct- Motor vehicle expenses Activity2 - Dtrect- Other motor & travel expeL%es Activity2 - Direct- Professional- Accounlaney Activity2- Direct- Professional_ Legal fees Activity2- Direct- Office expen5es- Telephone Activity2 - Direct- Office expenses- Other 98,018 198 649 1,530 2,151 23,982 8,866 85.270 198 624 211 71 22,632 6.314 21 2.464 1,271 1,621 2,280 1.837 1,621 141,132 120,697 Activity 2 total expenditure 141,132 120,697 Activity 3 Support cotsts Activity3 - Support- Staff- Wages & Salaries Activity3 - Support~ Establishment- Light & heat Activity3 - Support- Office expenses- Telephone 2,176 35 330 932 15 2,541 1.039 Activlty 3 total expenditure 2.541 1,039
Lydney Dial A Ride and Community Transport Detailed stAtement of financial activities For the year ended 31 March 2025 Total charitable aetivity expenditure 768,307 641,832 Governance costs ALtivitiets undertaken directly Professional - Accountancy fees Office expenses- Other 1,400 {3) 1.439 1,397 1,439 Total governance costs 1,397 1,439 Net incomingl{outgoing) resources for the year 52200 55,340 17
Lydney Dial A Ride and Community Transport Detailed statement of financial activitie5 For the year ended 31 March 2025 2025 2024 Incoming resources Incoming resourees from generating funds: Voluntary income Donations Grants receivable 2,418 238.628 4.241 165,083 241,046 169,324 AclivitieNforgeneraÈingfunds Shop income Fundrdising events Fares Tenders 69,919 130 163,568 450,054 78208 25.361 337,732 218,249 683,671 659,550 JnvpstmeRzI income Bank interest receivable 154 154 Total incomfing resources from generating funds 925,562 829.028 Other ineoming resources Gain on disposal of tangible fixed assets Fuel Rebate Other Chargeable Rental Income 2.262 11,816 24,096 4,700 14,572 1.935 6,000 42.874 22,507 Total incoming resources 968.436 851,535 Resources expended Costs of generating funds.. 1A
Lydney Dial A Ride and Community Transport Detailed stAtement of financial activities For the year ended 31 March 2025 Fundraising trading: eost of goods sold and other costs Shop cts Shop cost8 - Staff- Wages & salaries Shop costs- Establishment - Rent Shop costs - Establisbment- Rates & water Shop ¢osts- Establishment- Light & heat Shop costs - Establishment- Repatrs & maintenance Shop costs- Establishrnent - Insurance Shop costs - Professional - Legal fees Shop costs - oifice expenses - T¢l¢phon¢ Shop costs - Office expenses - Other 47,826 12,767 1,324 624 5,605 49,381 13,875 567 2.973 3,896 278 600 297 1.607 162 1.466 69,774 73.474 Total fundraising trading cost of good5 sold and other costs 69,774 73,474 Total costs of generating funds 69,774 73,474