## 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**
1
## 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.
2
## 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)
3
## 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
4
## 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.
5
## 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)
6
## 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.
7
## 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**
8
## 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.
9
## 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|
|---|---|---|---|---|
10