COMPANY REGISTRATION NUMBER: 03098593
CHARITY REGISTRATION NUMBER: 1049389
Bakewell & Eyam Community Transport Limited
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024
ALLEN, WEST AND FOSTER
Chartered accountants
Travel House
Buxton Road
Bakewell
Derbyshire
DE45 1 BZ

Bakewell
Eyarn
om¥nunity Trarisport Limited
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report (incorporating the directorfs report)
Statement of financial activities (including income and
expenditure account)
Statement of financial position
10
Notes to the financial statements
12

ewell
Eyarn Coinmunily Transport Limited
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the directors for the purposes of company law, present their reporl and the
unaudited financial statements of the charity for the year ended 31 March 2024.
Reference and admlnistrative details
Registered charity name
Bakewell & Eyam Community Transport Limited
Charity registration number
1049389
Company registration number 03098593
Principal office and registered Unit 4, Longstone Business Park
office
Great Longstone
Bakewell
DE45 1TD
The trustees
MSBEEIY
Mr B Lomas
Ms N J Loveday
Ms E P L Mallowan
Mr P O'Brien
Ms R Olle
Ms D L Peach (Chair)
Ms M J Rae-smith
MrRMWyse
Ms P A Barker (Secretary)
Mr J A Cotterill
Mr W Kirkland
Mr A Sutton
(Appointed 31 March 2024)
(Appointed 31 March 2024)
(Resigned 1 August 2023)
(Resigned 25 October 2023)
(Resigned 23 May 2023)
(Resigned 23 May 2023)
Accountant
Allen, West and Foster
Chartered accountants
Travel House
Buxton Road
Bakewell
Derbyshire
DE45 1 BZ

e￿1011 &
yani Cornmunity Transport Liniitod
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
TRUSTEES, ANNUAL REPORT
The Irustees are pleased to presenl their annual report and accounts for 2023124.
CHARITY AIMS, OBJECTIVES AND ACTIVITIES
The charity's primary objective, as stated in the Memorandum & Articles of Association, is "to establish
and maintain, on a non-profit making basis. a community transport scheme for the benefit of the
communities with Derbyshire," specifically in the Derbyshire Dales and southern High Peak areas.
Within Ihose objects, we aim to offer caring, safe, flexible and efficient Iran5port for people of all ages
in our area of operation who are disadvantaged by location, need, personal circumstance or social
deprivation,. to encourage and facilitate voluntary participation in community activities- and to help to
sustain and develop local economies and social integralion.
The activilies we pursue to deliver our charilable objects are:
Bespoke, door-to-door transport options for people who are unable to use scheduled buses or
services. This could be due to physical disability, age-related issues or timetable restrictions.
Access to medical appointments at hospitals and clinics utilising our volunteer car scheme.
Access to shopping at a range of local centres, including Bakewell, Buxton, Chesterfield, and
Crystal Peaks.
We also provide several other social days out, such as to garden cenlres, pub lunches, and
historic houses.
In total we provided 226 charitable Trips and Tours, carrying just 2,476 passengers over a
dislance of 12,102 miles. These passenger numbers were more than double Ihe previous
year.
We support community groups and organisations such as schools, lunch clubs and friendship
groups, giving their members access to the weekly social opportunity provided, or on an ad
hoc basis as and when required.
We continue to provide contract work to specialist day centres which require accessible
vehicles and an enhanced driver skill set.
All these activities directly deliver our charitable objects. Trustees are extremely grateful to all funders
and individual donors for their support in resourcing the charity's activities. They thank the staff and
volunteer team for Iheir hard work throughout the year.
PUBLIC BENEFIT STATEMENT
The Irustees have had due regard to guidance published by the Charity Commission, including public
benefit guidance, and our activities illustrate how we deliver public benefit to communities within
Derbyshire.
STRATEGIES TO ACHIEVE OUR AIMS AND OBJECTIVES
Our strategies are lo focus our core activity on fijlfilling Local Authority conlracls to enable u5 to deliver our
ainis and objectives at scale, suppleinenled by otlier services funded by contracts, granls and customei. payments.
We focus on contract5 providing transport for older people's and special needs day care cenlres within our largel
geographical areas.

yam Community Transport Liniitèd
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
CRITERIA FOR MEASURING SUCCESS
During the year, we measured the distance travelled, trips made, and seats occupied, as follows..
Type of service
Distance
miles
99,826
8,874
14,014
31,407
12,102
Noof
Tri
3,887
758
1,216
2,362
226
Seats
Wheelchairs
Contract
Dial a Ride
Car scheme
Grou
travel
Tri
s and tours
20,624
666
1487
26,473
2.422
3,941
150
921
54
In lotal. we currenlly have 285 local community groups registered for community transport services
and 1.108 individual people, of whom 252 were new in 2023124.
Customer feedback is proactively sought as part of our commitment to excellent service qualily. Some
of the most pleasing customer quotes received during the year are below:
"The driver went above and beyond, nothing was too much trouble. Everyone made us feel so
welcome, as il was our first trip but definitely won't be the lastl"
"Very grateful for the car scheme. Would struggle massively to get to appointments at Northern
General without it.
"Chester was utterly fantastic. People like me can't get out to these places without you.
"Thank you for all you do, it's a brilliant service and it's much appreciated.
VOLUNTEER INVOLVEMENT
We have over 50 volunteers who drive buses, drive their own personal vehicles to take people to
medical appointments, and operate our charity bookshop. In 2023124, they delivered 3,900 driving
hours and 4,500 bookshop hours, contributing charitable work equivalent to s value of £96,596. We
are extremely grateful lo all our volunteers for this incredible service, without whom we could not
deliver the range of services we provide lo our beneficiaries.
HEALTH & SAFETY
The trustees have adopted a rigorous Health and Safety policy and Code of Practice supported by
Croner"Bright Safe" Following a fatal accident in March 2023, all relevant policies were reviewed and
updated. This was recognised by the Coroner al the inquesl in July 2024.

dkewell & Eyam Community -fraris
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2024
ort Limiti
EQUAL OPPORTUNITIES
The trustees have adopled the following policy statement.. "The aim of the charity is to ensure that no
job applicant or employee is discriminated against either directly or indirectly on grounds of race,
colour, creed, nationality, ethnic or national origin, religious belief, political opinion or affilialion, sex,
marital status, sexual orientation or disability.
Similarly, all our services are available to any potential beneficiary within the area.
FINANCIAL REVIEW
The funding environment for community transport organisations is becoming progressively
more challenging year-on-year. Costs have significantly increased as a result of
continuous increases in the national minimum wage and the effects of inflation, particularly
on fuel and other vehicle supplies. Income is under increasing threat from a wide range of
competitors to contract income we have previously benefitted from.
In 2023124. we are reporting a surplus of £54,315, which is an excellent performance
considering the financial challenges noted above. However. it should be recognised that
almost £100,000 of income received in the year was from one-off non-trading related
sources. £20,000 of this was from a National Lottery Community Fund grant to deliver a
community development project, which will be spent entirely in 2024125. A further £76,827
of legacy income was received in the year from the estates of former beneficiaries of our
services who have recently passed away. We are very sorry for these losses but
heartened and extremely grateful to know that our charity, and the services we provide,
meant so much to these former passengers.
PRINCIPAL FUNDING SOURCES
The charity's main income sources are through Derbyshire County Council contracts. We also receive
income from other individual contracts, a small level of grants, customer fees, and income from our
charity bookshop in Bakewell.
EXPENDITURE OVERVIEW
The main costs of providing our community transport services are staff, vehicle and premises-related
costs.
CASH POSITION
At 31 March 2024. the charity had £753,593 in cash al bank and in hand (2023-. £657,581)-
FIXED ASSETS
Our fixed assets are almost enlirely comprised of tangible fixed assets (mainly vehicles, with some
property and office assets). At 31 March 2024 they were valued at £201,085 {2023'. £234,985).

akewell & &yam ComrT)Uility Transport Liryiitpd
Company Limited by Guarantee
Trustees. Annual Report {Incorporating the Director's Report) (continued)
Year ended 31 March 2024
RESTRICTED FUNDS
A restricted grant was previously received for the purchase of a minibus. This is being depreciated in
line with our policy. In addition, we received two restricted grants in the year, from the National Lottery
Community Fund and. Derbyshire Community Foundation. Our total restricted funds at 31st March
2024 were £54,315 (2023: £38,178).
DESIGNATED FUNDS
During the year. our Board designated £300,000 of reserves for investmenl in Ihe future strategic
development of the charity, to deliver its long-term needs, such as the purchase of new minibuses or
the delivery of a new strategy.
POST-PERIOD EVENTS
During the summer of 2024, Derbyshire County Council published a review of their day care services
and proposed the closure of several day centres, including three for which BECT has contracts to
provide transport services. If these contracts are lost, it will have a significanl impact on future income.
A final Council decision is expected in late 2024.
RISK MANAGEMENT
The truslees, with advice, have assessed the risks to which the charity or its staff and volunteers might
be exposed, and have taken steps to ensure that those risks are minimised, that systems are in place
to mitigate them, and that they are kept under review.
A strategic risk register is kept and the highest risk to the charity is the loss of contract income referred
lo above. This risk is being mitigated by the exploration of potential additional income sources, and
consideration of ways to reduce costs if required.
RESERVES POLICY AND GOING CONCERN
The Board adopled a new risk-based reserves policy in November 2023 which assessed the need for
minimum levels of reserves to meet ongoing obligations and the creation of a target range for free
reserves. The current assessment is that free reserves should be kept in a range between £300,000
and £450,000.
On 31st March 2024, free reserves were £520,897 (2023: £750,869}. This comprises the total
reserves, less fixed assets, restricted reserves (except fixed assets) and designated reserves. The
free reseNes are therefore £70,897 higher than the top end of the target range. It is anticipated that
free reserves levels will reduce to within the target range during 2025126, as the charity adjusts in the
event of the anticipated loss of significant contract income. On 31st March 2024, total funds stood at
£1,089,430 (2023.. £1,035,115).
Trustees have considered the charity's ability to meet its financial obligations as they fall due
for the 12-month period to November 2025 and have made a positive assessment of the
Going Concern position.

Bakewvll
i)mmuniti/ Transport Limitid
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
PLANS FOR FUTURE PERIODS
The Board is making plans to develop a new strategy to address the likely loss of existing contract
income, considering alternative options to increase income sources. Opportunities to find savings on
expenditure are also being explored. The charity is committed to continuing to provide high quality
community transport services to people in the Derbyshire Dales and southern High Peak, to the best
of our abilily, within the funding available to us.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Charity is a charitable company limited by guarantee and is governed by its Memorandum &
Articles of Association incorporated on 5th September 1995. The Charity has a Board of Trustees who
are responsible for its governance. One third (by length of service) of trustees retire each year but are
eligible for re-election. The trustees may appoint additional members lo fill vacancies or to bring
addilional skills and experience lo the Board.
DECISION-MAKING PROCESS
The trustees delegate a large amount of day-to-day decision-making and operational detail to the
General Manager, who reports regularly to Ihe Chairman and Trustees. Decisions which affect
fundamental policy or carry significant financial implications will always be the responsibility of the
Trustee Board. A new Code of Governance and Scheme of Delegation was adopted in July 2024 to
formalise Ihese processes.
TRUSTEE RECRUITMENT, INDUCTION AND TRAINING
Trustees are elected on the basis that they have appropriate skills and knowledge and understand the
responsibilities of charity trustees. During the financial year, three trustees resigned and two new
trustees were appointed. New trustees undergo an induction which aims to provide information about
the nature and work of Ihe charity and its melhods of operation. Trustees are encouraged to attend
training courses to support and enhance their role.
At the Annual General Meeting, Beth Ely resigned as Chair of the Board but remains as a Trustee.
Denise Peach was elected as the new Chairperson.
SENIOR MANAGER REMUNERATION
Pay awards for all staff are decided annually by Irustees.

akLiwell & E-.'yani Community Trarisport Liniited
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (conlinued)
Year ended 31 March 2024
THIS PAGE IS LEFT INTENTIONALLY BLANK

akcjwell
Eyam Community l i
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31 March 2024
rifisF)ort Limited
Small company provisions
This report has been prepared in accordance with the provisions applicable lo companies entilled to
the small companies exemption.
The trustees, annual report was approved on 12 November 2024 and signed on behalf of the board of
trustees by-
pIIL,Lfv
Ms D L Peach (Chair)
Trustee

akewell & Eijdin Cornmunity l-ransport Limited
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Restricted
funds Total funds Total funds
2023
Unrestricted
funds
Note
Income and endowments
Donations, legacies and grants
Charitable activities
Other trading activities
Investment income
Other income
115,855
122,583
536,645
1,754
(5,342)
771,495
22,500
138,355
122,583
536,645
1,754
{5,342)
793,995
44,416
87,777
588,876
594
(8,537)
713,126
Total income
22,500
Expendlture
Expenditure on raising funds..
Costs of other trading activities
Other expenditure
Total expenditure
10
11
733,227
90
6,363
739,590
90
615,960
2,041
733,317
6,363
739,680
618,001
Net income and net movement In funds
38,178
16,137
54,315
95,125
Reconciliatlon of funds
Total funds brought forward
Total funds carried forward
996,937
38,178
1,035,115
939,990
1,035,115
54,315
1,089,430
1,035,115
The slatement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
The notes on pages 12 to 23 form part of these flnanclal statements.

akewell
Eyam Communit l-ransport Liniited
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Note
Fixed assets
Tangible fixed assets
Investments
15
16
201,085
44,948
234,985
49.261
246,033
284,246
Current assets
Stock of books
Debtors
Cash al bank and in hand
17
18
100
107,658
753,593
100
118,273
657,581
861,351
775.954
Creditors: amounts falling due within one year
Net current assets
19
17,954
25,085
843,397
750,869
Total assets less current liabilities
1,089,430
1,035,115
1,035,115
Net assets
1.089,430
Funds of the charity
Restricted funds
Unrestricted funds
54,315
1,035,115
1,089,430
38,178
996,937
Total charity funds
21
1,035,115
For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies.
Directors, responsibilities-
The members have not required the company to obtain an audit of its financial statements for the
year in question in accordance with section 476.,
The directors acknowledge their responsibilities for complying with the requirements of the Act
wilh respect to accounting records and Ihe preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
The statement of financial position
continues on the following page.
The notes on pages 12 to 23 form part of these flnancial statements.
10

akowell
Eyam fomrnunity I'ransport Limite
Company Limited by Guarantee
Statement of Financial Position (continued)
31 March 2024
These financial statements were approved by the board of trustees and authorised for issue on 12
November 2024, and are signed on behalf of the board by..
Ms D L Peach (Chair)
Trustee
The notes on pages 12 to 23 form part of these financial statements.
11

Bakewell
tydin Comrnuriity Transport Limited
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
regislered office is Unit 4, Longstone Business Park, Great Longslone, Bakewell, DE45 1TD.
statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting policies
Basis of preparation
The financial slatemenls have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured at fair
value through income or expenditure.
The financial slatements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Disclosure exemptions
This reporl has been prepared in accordance with the provisions applicable to companies enlitled
to the small company's exemption.
Judgements and key sources of estimation uncertainty
The trustees delegale a large amount of day-to-day decision-making and operational detail to the
paid staff, and to the General Manager, who report regularly to the Chairman and Ihe Council of
Management. Decisions which affect fundamental policy or carry significant financial implicalions
will always be the responsibility of the Council of Management.
Fund accounting
Unrestricted funds are available for use at the discretion of the Irustees to further any of the
charily's purposes.
Designated funds are unrestricled funds earmarked by the trustees for particular future project or
commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or
through the terms of an appeal. and fall into one of two sub-classes.. restricted income funds or
endowment funds.
12

dkowell & Eyaiyi
ommunity Tranbport Limiied
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Accounting policles (continued)
Incoming resources
All incoming resources are included in the stalement of financial activilies when entitlement has
passed to the charity,. it is probable that the economic benefits associated with the transaction
will flow lo the charily and the amount can be reliably measured. The following specific policies
are applied lo particular calegories of income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliably.
legacy income is recognised when receipt is probable and entitlement is established.
income from donaled goods is measured al the fair value of the goods unless this is
impractical to measure reliably, in which case the value is derived from the cost to the donor
or the estimated resale value. Donated facilities and services are recognised in Ihe
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from conlracts for the supply of services is recognised with the delivery of the
contracted service. This is classified as unrestricted funds unless there is a contractual
requiremenl for it to be spent on a particular purpose and returned if un5penl, in which case
it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial aclivities to which it relales..
expenditure on raising funds includes the costs of all fundraising activities, events,
non-charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charity in undertaking
activities that further its charitable aims for the benefil of its beneficiaries, including Ihose
support costs and cosls relating to the governance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure that is neither related to raising funds for the
charity nor parl of ils expenditure on charitable activities.
All costs are allocated lo expenditure categories reflecting the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities Ihey contribute to on a reasonable, justifiable and consistent basis.
Tangible assets
Tangible assels are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried al revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.

akewell
ya¥n
oinmuriity Transp(Irt Lin)il'Ld
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accounting policies (continued)
Tangible assets (continued)
An increase in the carrying amount of an asset as a resull of a revaluation, is recognised in other
recognised gains and losses, unless it reverses a charge for impairment that has previously been
recognised as expenditure within the stalemenl of financial activities. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
excepl to which it offsets any previous revaluation gain, in which case the loss is shown within
other recognised gains and losses on the statement of financial activities.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Written off over the life of the lease
100/0 on cost
25 % on cost
Short leasehold property
Motor vehicles
Equipment
Investments
Unlisled equity investments are initially recorded at cost, and subsequently measured at fair
value. If fair value cannot be reliably measured. assets are measured al cost less impairment.
Listed inveslmenls are measured at fair value with changes in fair value being recognised in
income or expenditure.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost
less any accumulated impairment losses.
Investments in associates accounted for in accordance with the fair value model are initially
recorded al the transaction price. At each reporting date, the investments are measured at fair
value, with changes in fair value taken through income or expenditure. Where it is impracticable
to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and olher distributions received from Ihe investment are recognised as income without
regard to whether the distributions are from accumulaled profits of the associate arising before or
after the dale of acquisition.
Investments in joint ventures
Investments in joinlly controlled entities accounted for in accordance with the cosl model are
recorded at cost less any accumulated impairment losses.
Investments in jointly controlled entities accounted for in accordance with the fair value model are
initially recorded al the transaction price. At each reporting date, the inveslments are measured
at fair value, with changes in fair value taken through income or expenditure. Where il is
impracticable to measure fair value reliably without undue cost or effort, the cost model will be
adopted.
14

akewell & Eyaiyi Commuiiity -fransport Limited
Company Limited by Guarantee
Notes to the Financial Statements (conlinuedj
Year ended 31 March 2024
Accounting policies (contlnued)
Investments in joint ventures (continued)
Dividends and other distributions received from the inveslment are recognised as income without
regard to whether the distributions are from accumulated profits of the joint venture arising before
or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the
cash-generating unit to which the asset belongs. The cash-generaling unit is the smallest
identifiable group of assets that includes the asset and generates cash inflows that largely
independent of the cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and
sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including
any related transaction costs.
Currenl assets and current liabilities are subsequently measured at the cash or other
consideration expecled to be paid or received and nol discounted.
Debl instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value wilh changes in fair value
recognised in income and expenditure. All other such investments are subsequently measured at
cost less impairment.
15

tikewell
oniinuriity l-raiispoi't Limitpd
Company Limited by Guarantee
Notes to the Financial Statements (conlinued)
Year ended 31 March 2024
Accounting policies (Conlinued)
Financial instruments (contlnugd)
Other financial instruments, including derivatives, are initially recognised at fair value, unless
payment for an asset is deferred beyond normal business terms or financed at a rate of interest
that is not a markel rate, in which case the asset is measured at the present value of the future
payments discounted at a market rate of interest for a similar debt instrument.
Other financial instrumenls are subsequently measured at fair value, wilh any change5
recognised in the statement of financial activities, with the exception of hedging instruments in
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at the end of each reporting date. If there is objective evidence of impairment, an
impairment loss is recognised under the appropriate heading in the statement of financial
activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are
individually significant, these are assessed individually for impairment. Olher financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would
have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service 15 provided. Prepaid conlributions are recognised as an assel to the extenl
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are nol expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of Ihe discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
The Charily is a company limited by guarantee. In the event of the Charity being wound up, the
liability in respect of the guarantee is limited to £1 per member of the Charity.
Donations, legacies and grants
Unrestricted
Funds
Restricled Total Funds
Funds
2024
Donations
Donations
11,957
11,957
Legacies
Legacies
70,577
70,577
16

akewLill & k-yr1. rfi Community Traiispofi. Lirnited
Company Limited by Guarantee
Notes to the Financial Statements {continued)
Year ended 31 March 2024
Donations, legacies and grants (continued)
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Grants
Connex Active Travel grant
DCC fuel rebate
Bus Service Operators grant
Training grant
Lottery grant
Derbyshire Community Foundation grant
20,056
20,056
13,221
44
13,221
44
20,000
2.500
20,000
2.500
115,855
22,500
138,355
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donations
Donations
9,200
9,200
Legacies
Legacies
6,250
6,250
Grants
Connex Active Travel grant
DCC fuel rebate
Bus Service Operators granl
Training grant
Lottery grant
Derbyshire Community Foundation grant
17,169
1,845
9,952
17,169
1,845
9,952
44.416
44,416
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Fares and tours
Car Scheme fees
Other income from charitable activities
112,918
9,665
112,918
9,665
71,904
10,097
5,776
71,904
10,097
5,776
122,583
122,583
87,777
87,777
17

well & Eyam Commuriity Transporl Limited
Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31 March 2024
Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Unity lottery
Other income
Book End takings
Contract group transport
387
42
34,172
502,044
536,645
387
42
34,172
502,044
384
32
39,542
548,918
384
32
39,542
548,918
588,876
536,645
588,876
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
1,754
1,754
594
594
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Gain on disposal of tangible fixed
assets held for charily's own use
Sub-let of compund rental income
(5,342)
(5,342)
(9,487)
950
(9,487)
950
(5,342)
(5,342)
(8,537)
(8,537)
10. Costs of other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
BECT general expenses
Vehicle operations
504,186
229,041
733,227
504,186
235,404
6,363
6,363
739,590
Unrestricted
Funds
Restricted Total Funds
Funds
2023
BECT general expenses
Vehicle operations
428,830
180,767
428,830
187,130
6,363
6,363
609,597
615,960
18

e￿Ie11 & Eyam Co(Yimunity I"raiisport Limitpd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
11. Other expenditure
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Social expenses
Subsidiary loan interest written off
90
90
1,006
1,035
1,006
1,035
90
90
2,041
2.041
12. Net Income
Net income is stated after chargingl(crediting)'.
2024
2023
Deprecialion of tangible fixed assels
Loss on disposal of langible fixed assets
47,349
5,342
44,668
9,487
13. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows..
2024
2023
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefils
318,480
13,368
5,045
7,196
287,815
9,657
5,175
6,232
344,089
308,879
The average head count of employees during the year was 27 (2023.. 44). The average number
of full-time equivalent employees during the year is analysed as follows:
2024
2023
No.
Number of staff
27
44
No employee received employee benefits of more than £60,000 during the year (2023.. Nil).
14. Trustee remuneration and expenses
No truslees received any remuneration for their services.
In accordance with normal commercial practice, the Charity has purchased insurance to protect
trustees and officers from claims arising from negligent acts, errors or omissions occurring whilst
on charity business. The insurance provides cover up [0 £1,000,000 on any one claim and the
cost for the current and prior year is included within the total insurance costs.
There were no trustees, expenses paid for the currenl or prior year.
19

Ela'Aewv(Jll & Eyam Commiinity Transp
Company Limited by Guarantee
Notes to the Financial Statements (continued)
I"t Li(nite
Year ended 31 March 2024
15. Tangible fixed assets
Short
leasehold
property
Motor
vehicles
Equipment
Total
Cost
At 1 April 2023
Additions
Disposals
At 31 March 2024
126,353
19,975
623,281
93,069
650
842,703
20,625
(19,134)
844,194
(19,134)
604,147
146,328
93,719
Depreciation
At 1 April 2023
Charge for the year
Disposals
At 31 March 2024
124,651
4,993
391,927
41.383
(11,959)
421,351
91,141
973
607,719
47,349
(11,959)
643,109
129,644
92,114
Carrying amount
At 31 March 2024
16,684
182,796
231,354
1,605
201,085
234,984
At 31 March 2023
1,702
1,928
16. Investments
Loans to
Shares in
group
group
companies undertakings
Total
Cost or valuation
At 1 April 2023
Additions
Transfers
49,161
100
49,261
(4,313)
44,848
(4,313)
44,948
At 31 March 2024
100
Impairment
At 1 April 2023 and 31 March 2024
Carrying amount
At 31 March 2024
44,848
49,161
100
44,948
At 31 March 2023
100
49,261
All investments shown above are held at valuation.
17. Stock of books
2024
2023
Stock of books
100
100
20

Uakewell
or¥irnuriity Transport Litnited
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
18. Debtors
2024
2023
Trade debtors
Prepayments and accrued income
Other debtors
49.955
45,687
12,016
66,977
37,831
13,465
107,658
118,273
19. Creditors: amounts falling due wSthin one year
2024
2023
Trade creditors
Accruals and deferred income
Social security and other taxes
5,316
7,256
5,382
17.954
8,653
6,541
9,891
25,085
20. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £5,045 (2023.. £5,175).
21

vell
yai(i 4.-oinmuriity Transport l..Imit d
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
21. Analysis of charitable funds
Unrestricted funds
At
31 March 202
At
1 April 2023
Income Expenditure
Transfers
Unrestricted and
undesignated funds
Designated Fund
996,937
771,495
(733,317) (300,000)
300,000
735,115
300,000
996,937
771,495
(733,317)
1,035,115
At
31 March 202
Al
1 April 2022
Income Expenditure
Transfers
Unrestricted and
undesignated funds
Designaled Fund
895,449
713,126
(611 ,638)
996,937
895,449
713,126
(611,638)
996,937
Restricted funds
At
31 March 202
At
1 April 2023
Income Expenditure
Transfers
Restricted Fund
38.178
22,500
(6,363)
54,315
At
31 March 202
At
1 April 2022
Income Expenditure
Transfers
Restricted Fund
44,541
(6,363)
38.178
22

I le￿ve41 & Eyani Commuriity Trlr n
Company Limited by Guarantee
Notes to the Financial Statements (continued)
port Lirfiited
Year ended 31 March 2024
22. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Investments
169,270
44,948
31,815
201,085
44.948
Net assets
214,218
31,815
246,033
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Investments
196,807
49,261
38,178
234,985
49,261
Net assets
246,068
38,178
284,246
23. Financial instruments
The carrying amount for each category of financial instrument is as follows..
2024
2023
Flnancial liabilities measured at fair value through income and expenditure
Property rental lease liabilities committed to
233,333
Vehicle lease liabilities committed to
284,841
518,174
288,333
360,799
649,132
24. Related parties
During the year the charity entered into the following transaction4 with related parties..
Balance owed byl(owed
Transaction value
to)
2024
2023
2024
2023
Related party loan to employee
5,000
5,000
23

Lllll Allen, West
11 and Foster
CHARTERED ACCOUNTANTS
From the Bakewell office
Our ref. JHlfr
31st October 2024
The Directors led by Barbara Ely
The BECT Bus Company Limited
Unit 4 Longstone Business Park
Great Longstone
Bakewell
DE45 1TD
Dear Barbara,
Please find enclosed the Unaudited Financial statements for The BECT Bus
Company Limited for the year ended 31 sl March 2024 for your approval as follows:
1 . Two copies of the Unaudited Financial Statements. Please would you sign
both copies on page 2 and return the one marked 'A, W and F, to me?
2. Two copies of the Filleted Unaudited Financial Statements. These are the
pared down version of the accounts that will appear on public record. Please
would you sign both on page 1 and return the one marked 'A, W and F, to
me?
3. The Corporation Tax return. Please would you sign it on the final page in box
975 next to your name and then return it to me? There is no tax liability.
I look foDNard to hearing from you shortly
Yours sin
rely,
Fora
on belalf of Allen, West and Foster
Email: 'oanneholland
awfca.co.uk Tel 0114 2689950
chartergroup
ICAEW
CHARTERED
ACCOUNTANTS
SHEFFIELD OFFICE
Omega Court, 364-366 Cemetery Road, Shellield S118Fr
T.. 0114 268 9950 www.awlca.co.uk
Allen, Wesl and Foster is the trading name ol Allen, Wesl and Foster Limited
Registered Ollice.. Omega Court, 364-366 Cemetery Road, Shellield S118Fr
Registered in England and Wales No. 10802734
Direclois.. Sleph8D Alleii BAIHonsl ACA FCCA. Paul Mlddleion JP
ConsullOni.- John M G F051er FCA
Reglsiered io carry on audit w￿k in th8 UK and Iieland and Tegulaled lor a rang8 01 invesimeni
busines5 aclivilies by the Insliluie ol Ch8neied Accounianls in England and Wales