Keighley Community Transport
Charity number 1027411
Annual Report and Financial Statements
for the year ended 31 March 2025
Keighley Community Transport
Annual Report and Financial Statements for the year ended 31 March 2025
| Contents | Page |
|---|---|
| Trustees' report | 2 to 3 |
| Examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7 to 10 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Keighley Community Transport
Trustees' report for the year ended 31 March 2025
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates
Gareth Logan Chair Robert Gould Muriel Lumley
Charity number
1027411
Registered in England and Wales
Registered and principal address
Bankers
Units 6 and 7 TSB Bank plc The Co-operative Bank plc Goulbourne House 74 Towngate PO Box 250 Goulbourne Street Airedale Centre Skelmersdale Keighley Keighley WN8 6WT BD21 1PG BD21 3QE
Independent examiner
Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is governed by a constitution which was adopted on 27 March 1990, and amended 21 July 1993 and 4 September 2007.
Method of recruitment and appointment of trustees
The trustees of the charity are appointed by the members at the AGM.
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Keighley Community Transport
Trustees' report (continued) for the year ended 31 March 2025
Objectives and activities
The charity's objects
To promote any charitable purpose for the benefit of the community and in particular the relief of poverty, sickness, old age, infirmity or distress, through the provision of a transportation service.
The charity's main activities
We provide minibus service for community groups, educational facilities and community sports groups.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.
Achievements and performance
As in previous years, the charity has continued to support our local community, supplying transport for schools and local community groups. Without our commitment to providing affordable community transport many of our schools and groups would not be able to afford commercial rates for their activities. We pride ourselves on keeping a tight budget and keeping our prices as low as we can. Many of our older peoples groups often tell us, if it wasn't for our transport they wouldn't be able to go out of town on trips, see the beautiful scenery and different places etc.
Financial review
The net income for the year was £6,218, including net income of £6,307 on unrestricted funds and net expenditure of £89 on restricted funds.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £68,920.
The reserves policy of the charity is to retain general reserves equivalent to at least 4 months worth of expenditure in order to allow for temporary funding shortages. Based on actual 2024/2025 expenditure this equates to £28,000. The trustees recognise actual reserves exceed the minumum target but are comfortable with this position given the future costs that will be needed to replace or refurbish the mini bus fleet.
Approved by the board of trustees on 9/12/2025
Gareth Logan (Trustee)
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Keighley Community Transport
Independent examiner's report to the trustees of Keighley Community Transport
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025, which are set out on pages 5 to 10.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material 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 charity as required by section 130 of the Charities Act; 2 the accounts do not accord with those records; or
-
3 the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
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.
Rhys North ACA
9/12/2025
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Keighley Community Transport
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2025
| Notes 2025 Unrestricted funds £ Income from: Donations 8,835 Fuel duty rebate 1,648 User charges 80,079 Affiliation fees 1,300 Other income - Total income 91,862 Expenditure on: Salaries and NI (2) 43,989 Rent, rates, water, light and heat 11,117 Insurance 941 Telephone 926 Office, printing, postage and stationery 81 Sundries 403 Vehicle running costs 23,117 Volunteers expenses 451 Repairs, maintenance and cleaning 544 Depreciation 1,729 Independent examination 1,040 Professional fees and subscriptions 334 Payroll fees 207 Bad debt 676 Total expenditure 85,555 Net income / (expenditure) 6,307 Fund balances brought forward 62,613 Fund balances carried forward (3) 68,920 |
2025 Restricted funds £ - - - - - - - - - - - - - - 89 - - - - - 89 (89) 360 271 |
2025 Total funds £ 8,835 1,648 80,079 1,300 - 91,862 43,989 11,117 941 926 81 403 23,117 451 633 1,729 1,040 334 207 676 85,644 6,218 62,973 69,191 |
2024 Total funds £ 1,500 1,691 76,626 1,167 418 81,402 42,661 11,465 1,480 989 558 262 20,920 734 111 1,728 866 286 135 - 82,195 (793) 63,766 62,973 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Keighley Community Transport
Balance sheet
| as at 31 March 2025 2025 Unrestricted £ Fixed assets Tangible assets (4) - Total fixed assets - Current assets Debtors and prepayments (5) 12,424 Cash at bank and in hand (6) 60,081 Total current assets 72,505 Current liabilities: amounts falling due within one year Creditors and accruals (7) 3,585 Total current liabilities 3,585 Net current assets / (liabilities) 68,920 Net assets 68,920 Funds Unrestricted funds 68,920 Restricted funds - Total funds 68,920 |
2025 Restricted £ - - - 271 271 - - 271 271 - 271 271 |
2025 Total £ - - 12,424 60,352 72,776 3,585 3,585 69,191 69,191 68,920 271 69,191 |
2024 Total £ 1,729 1,729 13,295 49,372 62,667 1,423 1,423 61,244 62,973 62,613 360 62,973 |
|---|---|---|---|
The financial statements were approved by the board of trustees on 9/12/2025
Gareth Logan (Trustee)
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Keighley Community Transport
Notes to the accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Improvements to property: over 10 years Equipment: over 4 years Motor vehicles: over 4 years
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
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Keighley Community Transport
Notes to the accounts continued
for the year ended 31 March 2025
| Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions |
2025 £ 42,708 4,638 (4,638) 1,281 43,989 |
2024 £ 41,418 4,460 (4,460) 1,243 42,661 |
|---|---|---|
2 Staff costs and numbers
The average number of employees during the year was 1, being an average of 1.1 full time equivalent (2024: 1, 1 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | Defined contribution pension scheme | 2025 2024 |
|||
|---|---|---|---|---|---|
| Costs of the scheme to the charity for the year | £ £ 1,281 1,243 |
||||
| **3 ** | Restricted funds | Balance b/f | Incoming | Outgoing Transfers Balance c/f |
|
| Arnold Clark | £ 360 |
- | £ | £ £ £ 89 - 271 |
|
| 360 | - | 89 - 271 |
|||
| Fund name | Purpose of restriction | ||||
| Arnold Clark | To support costs | for the cleaning | and sanitisation of vehicles post Covid-19. |
| Tangible assets Cost £ At 1 April 2024 - Additions - At 31 March 2025 - Depreciation At 1 April 2024 - Charge for year - At 31 March 2025 - Net book value At 31 March 2025 - At 31 March 2024 - Class 4 |
£ 151,846 - 151,846 150,241 1,605 151,846 - 1,605 Motor Vehicles |
£ 3,146 - 3,146 3,022 124 3,146 - 124 Equipment |
£ 1,747 - 1,747 1,747 - 1,747 - - Improvements to property |
Total £ 156,739 - 156,739 155,010 1,729 156,739 - 1,729 |
|---|---|---|---|---|
4 Tangible assets
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Keighley Community Transport
Notes to the accounts continued
for the year ended 31 March 2025
| 5 Debtors and prepayments Debtors Prepayments Other debtors 6 Cash at bank and in hand Cash at bank Cash in hand 7 Creditors and accruals Creditors Accruals Taxation and social security |
2025 £ 10,381 839 1,204 12,424 2025 £ 60,271 81 60,352 2025 £ 72 1,040 2,473 3,585 |
2024 £ 9,616 699 2,980 13,295 2024 £ 49,336 36 49,372 2024 £ - 1,423 - 1,423 |
|---|---|---|
8 Related party transactions
Trustee expenses
During the year one trustee was paid a total of £84 in respect of travel (previous year:one trustee and £129 travel).
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
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Keighley Community Transport
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2025
| 2025 2024 Unrestricted Unrestricted funds funds £ £ Income Donations 8,835 1,500 Fuel duty rebate 1,648 1,691 User charges 80,079 76,626 Affiliation fees 1,300 1,167 Other income - 418 Total income 91,862 81,402 Expenditure Salaries and NI 43,989 42,661 Rent, rates, water, light and heat 11,117 11,465 Insurance 941 1,480 Telephone 926 989 Office, printing, postage and statione 81 558 Sundries 403 262 Vehicle running costs 23,117 20,920 Volunteers expenses 451 734 Repairs, maintenance and cleaning 544 111 Depreciation 1,729 1,728 Independent examination 1,040 866 Professional fees and subscriptions 334 286 Payroll fees 207 135 Bad debt 676 - Total expenditure 85,555 82,195 Net income / (expenditure) 6,307 (793) Fund balances brought forward 62,613 63,406 Fund balances carried forward 68,920 62,613 |
2025 Restricted funds £ - - - - - - - - - - - - - - 89 - - - - - 89 (89) 360 271 |
2024 Restricted funds £ - - - - - - - - - - - - - - - - - - - - - 360 360 |
2025 Total funds £ 8,835 1,648 80,079 1,300 - 91,862 43,989 11,117 941 926 81 403 23,117 451 633 1,729 1,040 334 207 676 85,644 6,218 62,973 69,191 |
2024 Total funds £ 1,500 1,691 76,626 1,167 418 81,402 42,661 11,465 1,480 989 558 262 20,920 734 111 1,728 866 286 135 - 82,195 (793) 63,766 62,973 |
|---|---|---|---|---|
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