REGISTERED COMPANY NUMBER: 02889730 (England and Wales)
REGISTERED CHARITY NUMBER: 1033035
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
COMMUNITY TRANSPORT (SWADLINCOTE)

COMMUNITY TRANSPORT (SWADLINCOTE)
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Tru6tees
Independent Examlnerfs Rèport
Statém•nt of Flnan¢lal Actlvltles
Balance Sheet
Not•8 lo th• Flnanclal Slatement8
8 to 16

COMMUNITY TRANSPORT (SWADLINCOTE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006. present their r8POrt with
thè financial statements of thé charity for thé year endad 31 March 2024. The tfuste&s have adopted Iha provisions of
Accounting and Reporting by Cha￿lies. Statemenl of Recommended Practlce applicable to charitles preparing their
accounts in accordance with the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
ObJe¢llve8
The charlty alms to 'provlde a non-profit makiro, community transport service for the benefit of Ihe residents of South
Derbyshire and surrounding areas in the interests of s(Kial wellare and lor the preservation of health of those in need.
hardship and distress by reason of age, Infirmlty, mental or physlcal abillty with the oblect of impToving thelr conditlon of
Ilfe..
Services may be used by Community groupslindividuals meeting our eligibility criteria and who a￿ affiliated with us and
have pra.booked in advance. Sep4i¢es a$$ist vulnerable Child￿n and adults lo maintain Independence and provide
improved lifv quality, increase choice and asslst with soclal integrakn'on. Occaslonal non-profit soclal outlngs are provided
for r8gister8d members.
Slgnlfl¢ant actlvlll•8
Two types of seniice are currenlly provided for Ihose who are eligible..
Group Transport used by any group whlch benefits the community:
Home to Schooirrraining C8ntr8 Serwces for chlldren and adults wllh speclal educational needsldl$3bllilles.
Publ1¢ ￿ne1￿
The charity has referred to th8 guidance contained In Ihe Charity Commission's general guidance on public benefil when
reviewing its aims and objectfves and in plannlng future actlvltles. In partlcular the charity has considered how planned
a¢livilies will contribule to the aims and objectives that11 has set,
ACHIEVEMENT AND PERFORMANCE
Charltable actlvltlol
These represent the main income source of th8 chaTIty.
As wlth all transport operators, we are stlll flnding 11 Increaslngly difficutt to recrull new staff and over the past year have
had little response when advertlsing vacancies. This is despite the living wage increase8. We will be faclng further salary
costs in the coming years.
Since the retlrement of Sheila Neat, wg took the decision not to replace h8r and allocate key personnel from Er8wash
Community Transport Llmlted, thlB h88 w0￿ed quite well due to remote working and shared systems.
Management. and driver trainlng support Is sllll recelved from Erewash Community Transport Limlted: extra 8UPPOrt for
all staff is always available.
Fountains School Contracts are runnlng w￿11 wilh little or no dlsruption. and these wlll contlnu8 for a further 4 years.
Fortunately, Staffordshlre County Councll are mindful of the increased expenditure Incurred by operator8 and have
reflected this in awarding the conlracts and annual Increases.
Group Transport servlces conllnue to grow, increases have been applied to the hourfy rate. this is essential in relaining
staff. and covering costs of vehicles et¢.
We took dellvery of a new Renault Masler 16 seat mlnlbus in the year. our fleet is getting tired, and we need to attract
further Wofk.
So, to promote, we employed a social media promoler, who follow8 and rx)st8 our achievement8 and opportunilie$,
including vacancies. It has gained som8 Interest so a worthwhlla Investmant.
Inlornal and extemal factors
The charity considers thal It is well equipped to explore new business opportunilie$ wilhin its obJ-e¢tive8 for the further
benefit of the locAI Gommunity which it serves.
Both trust88s and management strive to continue Ihe excellent community service CUr￿ntlY provided. However, this
annot be guarania8d.
Page 1

COMMUNITY TRANSPORT (SWADLINCOTE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
Flnanclal posltlon
The total net income for the year from unrestricled activities arnounl8d to £12,295 12023: £69,522) There was net
expenditure on restricted funds of £4,365 (2023: £4,134>.
The net effect of th8 abov8 resulls is a total n8t Surplus of £7,930 (2023-. £65,388) which has b88n added to reserves to
glve total funds as at 31 March 2024 of £1,090,530 (2023.. £1,082.600) of which £960.984 12023: £948.6891 is
unrastricled and £129,546 {2023'. £133,911) is restricted.
Prlnclpal fundlng sourcos
The charity's principal sources of fundlng In the year V￿re Se￿ICe contracis with Siafftirdshire County Council arKI
Derbyshire County Council.
Inv•slm•nt pollcy and objgcllv•s
We have the power to invest lo generale hjnds bul generally choose not to do so other than seeking good interest on
any money we have in our reseples andlor set aside for vehicle purchase.
R•servos pollcy
It is the trustees, policy io accumulate and hold resaNes at such levels as requlred to even out fulur8 fluctualions in
Income and expenditure, whilst enabling the services to be maintained.
Designated reseThes are currentty invested in a Vlrgin Money 8uslnes8 Current Account. These re8ep4e8 amounted lo
£107,500 as at 31 March 2024 (2023.. £107.5001.
The designated lunds relate to a continge￿Y fund of £SO,OfXI with the remainder for vehicle replacemenl.
W8 are required by law to ensure sufficient r8seNes are held l¢ashla8se18) to be realised if necessary lo cover costs
involved in the event the Scheme Milnds up,. Our accounts Show we can cover all costs Involved.
Golng Con￿rn
Th8 lev81 of general r8seNÉs a$ al 31 March 2024 amounied to £720.917 and the balance of cash at bank and in hand
in respect of unrestricted funds was £665,185. The trusl883 conslder that tha charlty ha$ sufficient reserves and liquid
funds to prepare the a¢c¢Junls on a goirKJ concern basis.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Gov•mlng document
Communlty Transport {Swadlincot8> Is a r8glstared ch8rlty and company Ilmltad by guarantea, as defined by the
Companies Act 2006, and not having a share capllal. It Is gov8rn8d by Its M8morandum and Artlcles of Ass¢xialion
dat8d January 20th. 1994. Indemnity insurance covers the liability of the directors, and a Service Level Agreement is In
place bglween the ch8rfty and Derby8hlre County Council and also Staffordshlre County Council.
Recrultm•nt and appolnlmenl of new tru8toe8
In accordance with the Articles of Association, newly appointed trustees r8tir8 at lh8 next Annual General Meètlng
tog8th8r wrth one third of th8 exlsling trustees by rotation. They may offer themselves for re- election for a further tenn of
Ihree years.
Vthen appointing trustees, the Board conslders our requirements and any speclallst skllls candidates may have, in
accordance wllh current legislati￿ dete￿nIne{l by law. Candidates rnusl be nominated by exists'ng parties wlth the
Board'3 agreement, in an 'ex-officlo' capacrty Iwrthout voting n9hts>.
Organl$atlonal structure
The board of tnjstees. which can have no less than three members, or one tenth of th8 membershlp, whlch8ver18
greater (but is nol sublecl to a maximum upper limill. is responsible ft)r the administration of the Gharity. The board and
any subsequent sub commlttees thereof, meet regularly as required.
The purpose of thes8 meelings is lo discuss th8 development of th8 charitable company, p8rsonnal issues. oparalional
and financi81 matters. Managers have been appointed by the trustees to manage the day to day op8ralions of the charity.
In order to facilitate 8ff8Ctlve operations. These managers have delegated authority (approved by the trusleesl for most
operational Matters includkng finance. personnel. statislral information and vehide mainlenanGe.
Page 2

COMMUNITY TRANSPORT (SWADLINCOTE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
STRUCTURE, GOVERNANCE AND MANAGEMENT- conllnu8d
Inductlon and tralnlng of new Irustees
Trustee induction and tralning is avallable to ensure Irustees understand their legal obligations under Charity i Company
Law: Trustees are encouraged to attend Induction, so Ihey are faffliliar wth policies, procedures and w0￿1ng practices.
Trustees are aclively enCOur￿Jed lo meet key employe88 and other truste8s and lo assist the charlty In bts obje¢lives at
tlm8s other than meets'ngs. for example. ensunng that a Heallh and Safety policy is in place and adhered to.
Related partle8
The charity has developed close working relatlon5hlps wlth several extemal bodle8'.
Stsffordshire Counly Councll . Speclal Needs Contr8cl$ a￿ provided on behalf of Staffordshlre County Councll.
Derbyshire County Councll - Adult Care Contracts operated.
Leiceslershiie County Council framework supplier (no contracls held al presenll
Community Transport Assoclatlon and Moblllly Matters for Informallon and advlce.
The charity shares a trust88 and It$ key management w.rth Erewa8h Communlty Transport. a Charitable company based
in Ilkeslon which offers s8Nices simllar to those of Community Transport {Swadlincote). In March 2019. Erewash
Communlty Transport purchased one thiid of the ordinary share capilal of Little Transport Lirniled, a company whlch
carries out the malnlenance and repairs of the vehicle fleet of Community Transport Iswadlincole). All transactions are
based at arm's leThJlh and prices are agreed with the man&Jement of Llttle Transport Limited.
Rlsk managèmont
The trusi8e3 recognise Ihat the key to effective risk man￿oment Is Ihe regular assessing, reviewing and rnonltoring of
pollcles. procedures and systems.
Trustees ensure a Risk Management system Is used to regularfy assess, id8ntlfy and control potential risk with fomal
trustee only meetsngs held as required.
The professSonal setvlces of an outside organlsation ar8 employed to 8n8ure compliance with Heatth & Safety and
Employm8nt Law.
REFERENCE AND ADMINISTRATNE DETAILS
Roglsterod Company number
02889730 (England and Wales)
R•gS8l•r•d Charlty number
1033035
Regl$tered offl¢•
George Holmes Business Parf(
Gèorge Holmes Way
SWADLINCOTE
Derbyshire
DE1190F
Trustee8
A M Jon8S
S A Bambrick
F C Phillips
M C Coldicott
Company Secretary
A M Jon88
Independent Examln•r
Johnson Tidsall Limited
Chartered Accountants
81 Burton Road
Dert)y
Derbyshlra
DE11TJ
Page 3

COMMUNITY TRANSPORT {SWADLINCOTE)
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS- eontlnu•d
Bankers
Lloyds TS8
Burton-on-Trent
Staffordshire
Virgin Money
11 Smithy Row
Nottingham
NG13EJ
Management
Two Managers of Erewash Communhty Transport Llmil8d continue lo act as managers ol the scheme and have been
delegated day lo day management by Trustees each having delegated authority to facilitate day lo day operations.
Co-managors:
Mrs Tina Appleby {Fhnan¢e)
Ms Jackie Hrynczy8zyn {Personnel)
Thls report ha$ been pr8pared In accordance wllh th8 Special provisions of Part 15 of the Companles Act 2006 relatlng to
8mall companie$.
Approved by order of the boa￿ of truslees on 11 December 2024 and slgned on its behalf by..
F C Phillip
rustee
Pag8 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
COMMUNITY TRANSPORT (SWADLINCOTE)
Indopendenl examlnérfs Mport to the trustees of Communlty Transport (Swadllncote) ('Ih¢ Company,)
I report to the charity trustees on my examlnatlon of the a¢counls of the Company for the year ended 31 March 2024.
Responslbllltles and ba$1$ of r•port
As the charity's trustees of the Company (and also Its directors for the purposes of company lawl you are responsible for
th8 pr8P8fdtion of th8 accounts in accordance with th8 requiremants of the Companies AGI 2006 (Ihe 2006 Acl,).
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 indeperKlent examination, I report In respect of my examination of your charity's accounts as carried
out under Sectson 145 of the Charities Act 2011 ('the 2011 ACVI. In carrylng out my examinallon I have follow8d lh8
Directions given by the Charity Commission under Sactlon 145(5) (bl of the 2011 Act.
Independent examlnerfg statèmént
I hav8 completed my 8xamination. l Confirm that no matters have come to my attention in conneGtson wlth th8
examination giving me cause to believe in any material respect:
accounting records were not k8Pt in r8SP8Ct of the Company as required by Sectlon 386 of the 2006 Act; or
the accounts do not accord with those records. or
the accounls do not Comply with th8 accountlng requlrements ol Seclion 396 of the 2006 Act other Ihan any
requirement Ihal the accounts give a true and fair vlew which is nol a matter wnsidered as part of an
independent examination: or
Ihe acGounls have not been prepared In accordance wlth the methods 8nd principles of the Siatem8nt of
Recommended Praclice for accounting and reporting by charities lappllcabla to charlliès preparlng their accounts
In accordance with the Financial R8POrting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concarns and have comè across no othgr matters In conn8clion wilh the examination to whith attention should
in thi5 report in order to 8nab18 a prop8r understanding of the accounts to be reached.
Rlc
8rd Min
Johnson Tldsall Limited
Charter8d Accountants
818urton Road
Derby
Derbyshire
DE1 1TJ
Date:
Page 5

COMMUNITY TRANSPORT (SWADLINCOTE)
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Charltable actlvltles
Communty transport
223,276
223,276
292.695
Other tradlng activlties
Investment Income
Othei income
6,466
14,710
6,460
14,710
7.271
4,915
1.070
Total
EXPENDITURE ON
Charllable acllvltles
Community transport
232 157
NET INCOMEI(EXPENDITURE)
12,295
14,365)
7,930
65.388
RECONCILIATION OF FUNDS
Total funds brought forward
948,689
133,911
1.082,600
1,017.212
TOTAL FUNDS CARRIED FORWARD
960 984
1090 $30
1,082 600
The notes fom part of Ihese financial statements
Page 6

COMMUNITY TRANSPORT (SWADLINCOTE)
BALANCE SHEET
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unre51ricted
funds
Restri¢ted
funds
Notes
FIXED ASSETS
Tanglb18 assets
14
278,892
129,546
408,438
388,394
CURRENT ASSETS
Deblors
Cash at bank and in hand
15
48,499
665 185
48,499
665,185
47,165
658,254
713,684
713,684
705,419
CREDITORS
Amounts falling due within one year
16
(31,5921
(31,592)
(11,213)
NET CURRENT ASSETS
682 092
694.206
TOTAL ASSETS LESS CURRENT LIABILITIES
960,984
129.548
1,090,530
1,082,600
NET ASSETS
1090 530
1082 600
FUNDS
Unreslricled funds..
General fund
Designated fund
Rev8luatlon reserve
17
720,917
107,500
707,753
107,500
133,436
948,689
RestriGted funds
133911
TOTAL FUNDS
1090 530
1.082 600
The charltable company Is entltled to èxamplion from audit under se￿lOn 477 of Ihe Companles Act 2006 for the year
ended 31 March 2024.
The members have nol requlred the company to oblain an audit of ils financial statements for the year ended
31 March 2024 in accordance wlth Section 476 of the Companies Act 2006.
The trustees acknowledge their resrJ)nsibilrti8s for
(a)
ensurfng ihat the charitable company keeps accounting records that comply with Sections 386 and 387 of the
Companles Act 2006 and
preparing financlal statements whlch give a true and fair view of the state of affalrs of the charliable company as
al the end of eaGh financial year and of Its surplus or deficlt for each financial year in accordance with the
requirements of Seclions 394 and 395 and which olhep*ise comply wilh the requirements of the Companies Act
2006 relating to financial statements, so far as appllcable to the charitab18 company.
(b)
These financial statements have b8en prepared in accordan¢e with th8 provlslons appllcable to charltable companlès
subject to Ihe small companies. re9irne,
The financial statements were approved by the Board of Trust8es and authorised for issue on 11 December 2024 and
ware s￿ned on its behalf by,.
F C Philli
The notes fonn part of these financial ststernents
Page 7

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
STATUTORY INFORMATION
Community Transport (Swadlkncote) is a charitable company. registered in England arKI Wales. The charltable
cornpanls reglstered company number, regslered charity number and registered office address can be found In
the reference and admhislrative details of the Report of the Trustees.
Th8 pr8seniation currency of Ihe finan¢h81 statement8 Is the Pound Sterling 1£).
ACCOUNTING POLICIES
Ba81s of preparlng tho flnanclal statements
The financlal statements of the charilable company, which 18 a public benefil entity under FRS 102, hav8 b8en
pr8par8d In accordance with Ihe Chariti8s SORP {FRS 1021 'Accounting and Reportin9 by Charities.. Sta18ment
of R8comrnended Practicé applicable to ¢harilies p￿parIng their a¢¢ount$ in accordance with the Financial
ReportiTr3 Standard appllcable in the UK and Republlc of Ireland {FRS 102) (effecllvo 1 January 20191,, Financial
Reportiro Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial slalements have been prepared under Ihe hisloriGal ccbsl Convention. as
modlfled by the revaluatson of cerlain assets.
Preparatlon of Iho accounts on a golng concarn ba818
The Charity has generated a surplus for the year. Management c1088ly monltors expenditure. and th8 maln
in¢ome ol Ihe charity is secured by service contracts wlth local authorltles. The surpluses generated In recent
years ha8 enabled the charity to maintain a good level of liquid funds.
On this basis. Ihe ass8ssment of the truste8s b that thère are no concèrns vlth the preparatlon of the financial
statements on a going concam bas18.
The charltable company has tsken advantage of the following dbsdosure exemption ID preparing these financlal
statements, a6 permltted by FRS 102 Th? Flnanclal Reporting Standard appllcable In the UK and Republlc of
Ireland.:
thè requlremenls of Section 7 Statement of Cash Flows.
Incomo
All incoming resources are Included in the Statement of Financlal Aclivilles (SOFA) when the charlty Is legally
enlitled to the income after any perfomance conditions have been met. the amount can be meaSU￿d rellably,
and it is probable that the income will be received.
For donations to be r8cognl8ed th8 charlty wlll have b&8n notified of the amounts and th8 88ttlem8nt dale in
writing. If there ale conditions attached lo the donation. and Ihis requires a level of perforniance b6fore
entitlement can be obtained then income is deferred until Ihose condit￿n5 are fvlly met or Ihe fulfilrnent of those
condillons ￿ withln the Gontrol of Ihe chanty, and it is probable that Ihey will be fulfilled.
Income from trading activi1188 Includ8s Incoma èamed from govemmanl Bus Servlce Op8ralo¢s Grant in
exchangè lor supplying services in the local area and income is recognised at fair value vthen the charlty has
entitlemenl after any perfonnance conditions have been meL it 5s probable that the income will be recelved. and
the amount can be measured reliably.
Income Irom seThices provided for communlty transport In resp8Ct of contract hlre and group hire ar8 recognis
when the services have been provided, the amount can be measured rallably. and it is probable that the Income
wlll be recelved.
Dobtors
Trade debtors and other debtors are recognSsed at the Settlement amour)I due less any ijiscount. Prepayments
are valued al Ihe amouni prepa￿.
Page 8

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES. continued
Expèndlture
Llabilits'es are re¢ognised as expenditure as soon as there is a legal or constructive obligation committing ihe
charity to that expenditure, it Is probable that a Iransfer of economic b8nefils will be required in settlement and
the afflounl of the Obl￿atiOn can be measured reliabty- Expenditure is accounted for on an accruals basis and
has be8n classified undar hèadlngs that aggregala all cost ielated to the calegory. Where G¢)sts cannot be
directly attributed to particular headhgs, they have been allocated to a¢lNities on a basis consistent with the use
of resOU￿e5.
Credltors
Credltors are re¢o9nised ￿ere the charity has a present oblgation resultlng from a past avent that wlll probably
result In the transfer of funds to a third party and the amount due lo settle the obligation can be measured or
ests'maled reliably. Credllors are recogn&sed al their settlement amount.
Governance costs
Expenditure on 9OV8manc8 costs of th8 charity Includes all exp8nditure not dlrectly ralatad to the charitsble
actfvlty. This includes olfice expenses relating to accountancy, irKlependent examination and18gal fees.
Allocallon and apportlonment of c08ts
Support Gosts are those incurred In connection with the admlni8tration of the charfty. They have been wholly
allocated to the charity's main activity of communty transport,
Tanglble flxed assets
Depreciation b provld8d at the follovAng annual rales in order lo wrlle off eath asset over ils estimaled useful life.
Freehold propety
Fixtures and fittlngs
Motor vehlcles
Computer equipm8nt
20A on Gost
25010 on reducing balance
25•/0 on reducing balance
25010 on cost
Tangible flx8d as88t8 affj 81aled al ¢o$t or deemed c05t less aGcumulated depreciation. Cost includes costs
dlrectly attdbulable to making the a88el Gapable of operating as intended.
Land has not been depreciated,
Taxatlon
The charity is exempt from corporatlon tax on ils Cha￿table a¢tivitie8.
Fund accountlng
The charlty has both restricted and unrestrfcl8d funds. All funds are used to benefit and promote the charitable
objects of th& charlty.
Unrestricted funds are general funds which aro avallable for uso al the dlscretlon of the trusl8es in fijrtherance of
the general objectives of the charity and whlch have nol been deslgnated for other purposes.
Designated funds ¢omprl8e unre81ricted funds Ihat have been set aside by the Irustees lor specific purpos8S.
RestrKted funds can only b8 US8d for partlcular reslrlcled purposes Wlthin the objects of th8 ¢haftty. Restrictions
arlse when specified by the donor or when funds are raised for particular restrlcted purposes.
Further exp18nalion of the nature and purpose of each fund is included in the notes lo the financial slatem8nls.
Ponslon c08ts and other postwretlrnm•nt b•néllts
The charftable company operates a defned contribution penS￿n schem8. Contrlbutions payable to the charliable
company's p8nslon scheme ar8 ¢har9ed lo Ihe Stalement of Financial Aciivilies in the period to which they relate.
Financlal Instruments
Financial inslrumenls are classified and accounled for. according to tha substance of the conlrdctual
arrangem8nt. as èither financial assets, financial Aabilit18s or 8quity Aistruments. An equity instrument Is any
contract that evid8nc8s a resldual intaresl in the assets of the company after deducting all of its liabililies.
Page 9

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
OTHER TRADING ACTIVITIES
2024
2023
8us SeNlce Opardtofs grant
6,486
7.271
INVESTMENT INCOME
2024
2023
Deposit account interest
IKOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Communty transport
Community transport
Corlract hire
Gro￿ hire
197,881
272,108
223 276
292 695
OTHER INCOME
2024
2023
Gain on sale of tangible fixed assets
1,070
CHARITABLE AcnviTIES COSTS
Dlr8Ct
Costs {888
note 8>
Support
costs (see
nole 9)
Totals
Communlty Iran8POrt
194 319
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costg
Advertising
Vehicle operating costs
Depreciation
Loss on sale of assets
109,553
1,411
81,722
21,212
421
112.988
66,769
21,575
194319
201330
Page 10

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Govemance
costs
Management
Totals
Community transport
Support costs, included in the above. are as ft)Ilovts'.
Managèm8nt
2024
Comfflunlty
transport
2023
Total
aclivilies
Wages
Rates and water
Insurance
Light and heat
Compul8r
Travelling
Advertlsing
Sundri8S
Repairs and renewals
Bank charges
Tèlephonè and stationery
Legal and profasslonal
22,533
1.674
670
2,535
3,109
1,300
20,684
1,779
631
2,000
3,293
90
650
1,312
188
400
227
783
198
180
3,340
Gov•rnance costs
2024
Communlty
transport
2023
Total
acllvllles
Accountancy and legal fees
Independent examination
1,854
1,477
10.
NET INCOMEI{EXPENDITURE)
Nel Income48XP8nditure} is slated after charg￿91{CredIting)'.
2024
2023
Oepr8clation - owned assets
(DeficilllsuTplus on disposal of fixed assets
Independent examinallon
21,212
421
21,575
(1,070)
Page11

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
11.
TRUSTEES. REMUNERATION AND BENEFITS
Ther8 w8r8 no trustees. r8mun8ratlon or other benefits for the year end8d 31 March 2024 nor for the year ended
31 March 2023.
TrustOQS' oxpenses
There were no trustees, expenses paid for the year ended 31 Maich 2024 nor for the year ended 31 Marth 2023.
12.
STAFF COSTS
2024
2023
Wages and salaries
Olher pension cosls
131,586
500
133,174
496
132086
133.670
The average monthly number of employ88s during the year was as follows.,
2024
12
2023
13
Drivers and escorts
Admlnlstrallve staff
13
14
No employees received emoluments In excess of £60,000.
The full tlme èqulv8lenl of staff numbers Is estimated as.. drlvers and e8COrts 812023.91, administration 112023..
1).
K•y manag•m•nt p•r80nnel
Key management personnel are Mrs Tlna Appleby and her 8UPPOrt staff all of whl¢h are employed by Erewa8h
Communty Transport. A monthly managemenl charge, based on time allocation, totalling £18,506 for the year
12023.. £5,150) has beèn rechafg8d to Communlty Transport (Swadllncole).
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
UnTeslri¢ted
funds
R88lrlcted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Charltablo actlvltle8
Community Iransport
292,695
292,695
Other tradlng actlvlties
Investrnenl income
Other income
7,271
4.915
7,271
4,915
1,070
Total
305,951
305 951
EXPENDITURE ON
Charitable activiti08
Community Iransport
236.429
4,134
NET INCOMEI(EXPENDITURE)
69,522
(4.134)
65.388
Page 12

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
COIIIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - conllnued
Unrèstricted
funds
R8Stricl8d
lunds
Tot81
funds
RECONCILIATION OF FUNDS
Total funds brought forward
879.167
138.045
1,017,212
TOTAL FUNDS CARRIED FORWARD
948,689
133,911
1082,600
14.
TANGIBLE FIXED ASSETS
Fixtures
and
fittlngs
Freehold
propety
Motor
vehi¢le8
Computer
equipment
Tolal8
COST
Al l Apnl 2023
Addltions
Disposals
395,000
31,858
307,730
41,677
7,228
741,814
41,677
57 197)
12,368)
At 31 March 2024
395 000
304 578
728 094
DEPRECIATION
At 1 Aprll 2023
Charge for year
Eliminaled on disposal
52.187
6,294
31,411
106
262,859
14,579
6,763
233
353,220
21,212
56 776
At 31 March 2024
233 030
6,996
317,658
NET BOOK VALUE
At 31 March 2024
336 519
139
232
Al 31 March 2023
342 813
245
465
388 394
Included In cost or valuatlon of land and bulldlngs Is freehold land of £80,314 (2023 £80.3141 which is not
depreciated.
The valualion of the freehold property was made by professional valuefs, on an open market basis, as at 17
December 2014. Freehold propertles were slated at valuatson to 31 March 2016. Under FRS 102 the Irustees
have 818Cted to apply deemed cost.
On a hlstorical Gost b8Si$, the propety would have been Included at an original nel b¢￿k value of £202.212 {2023
- £207,638).
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trad8 d8btor8
Other debtors
VAT
Pr8payments
34,499
6,466
5,830
39,087
3.376
2,434
2,268
48.499
47,165
Pag8 13

COMMUNITY TRANSPORT {SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
16.
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Trade ¢reditors
Social security and other tsxes
Other creditors
Accruals and deferred income
25,960
776
86
4,770
5,694
1.224
17. MOVEMENT IN FUNDS
Nel
movem8nt
in funds
Transfers
belwe8n
funds
At
3113124
At 114123
Unrestrlctod funds
General fund
08￿gnal￿d fund
Revalualion reserve
707,7S3
107,500
12,295
889
720,917
107.500
132 567
869)
948,689
12,295
960,984
Rostrlctod funds
Property fund
Action grant
133,680
231
(4,134)
129,546
13
TOTAL FUNDS
1090 $30
Net movement in lunds, included in the above are 88 follow8:
Incoming
resources
R8sourc88
expended
Movemenl
In funds
Unr•8trlcl•d funds
General fund
244,452
(232,1571
12,295
Re8lrlcled fund•
Propety fund
Actlon grant
{4,1341
14,134)
TOTAL FUNDS
244.452
236 522}
Pag8 14

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- continuod
FOR THE YEAR ENDED 31 MARCH 2024
17.
MOVEMENT IN FUNDS- conlinuod
Comparatlv•$ for movomont In funds
Net
movernent
in funds
Transfers
belween
funds
At
3113123
At 114122
Unrestrlctod funds
General fund
Deslgnated fund
Revaluation reseNe
637,363
107,500
134,304
69,522
707,753
107,500
133,436
868)
879,167
69,522
948,689
R•8trlcted fund8
Property fund
Adion grant
137,814
231
(4,134)
133,680
231
138,045
4,134)
133,911
TOTAL FUNDS
1,017212
1082,600
Comparative net movement In funds, included in the above are as follows..
Incoming
resources
Resource8
expended
Movement
In funds
Unr•strlctod funds
G8n8ral fund
305,951
(236,429>
89,522
Restrlctod funds
Property fund
(4,134)
14,134)
TOTAL FUNDS
305 951
240.563)
65,388
D•slonat•d fund8:
The designated fund comprfses £50.000 for a conllngency fund with the balance rep￿SentIng funds retained
towards vehlcle iepl8cem8nt.
R•8trlcted funds:
The property fund represents 8 grant recelved from the National Lotterles Board thich was used lo flnance the
construGIK)n of new premlsos.
A¢tion grant was received from Derbyshke County Councll io help the chaTIty with its future strategies.
Transfers b8twé•n fund8
During the year a transfer was made as follows..
£869 was transferred from Ihe revaluation reseNe to general reserves being the excess depreclalion charge on
the revalued amount of freehold property over the historic depreciats'on tharge.
Page 15

COMMUNITY TRANSPORT (SWADLINCOTE)
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
18.
EMPLOYEE BENEFIT OBLIGATIONS
The lolal contrlbutlon pald to Parsonal Pension Plans in Ihe year for certain employees amounted to £500 (2023:
£496).
19.
OTHER FINANCIAL COMMITMENTS
As at 31 March 2024 the charitable company had financial commitments payable In ona year of £g60 (2023..
£960).
20.
RELATED PARTY DISCLOSURES
The Charity shares a trusiee and it8 key management with Erewash Community Transport Limited, a charitable
company based in Ilk8Ston which off8rs seNlc8s simllar to thosè of Community Transport {SwadlinGole). In
March 2019. Erawa$h Community Transport purchased one Ihird of th8 ordlnary share capltal of Llttle Transport
Limlted, a company which Carries out the mainlenance and repairs of the vehicle Ileet of Community Transport
(Swadlincoie). All transactlons ar8 based at arm's length and pri¢e8 are agreed with the management of Little
Transport Lirniled.
Vehicle Ileel maintenance costs charged by Little Transport Limlted In the year ended 31 March 2024 amounted
to £31,73912023.' £35,222)-
Page 16