COMPANY REGISTRATION NUMBER: 03098593
CHARITY REGISTRATION NUMBER: 1049389
Bakewell & Eyam Community Transport Limited
Company Limited by Guarantee
Unaudited Financial Statements
31st March 2025
ALLEN, WEST AND FOSTER
Chartered accountants
Travel House
Buxton Road
Bakewell
Derbyshire
DE45 1BZ

Company Limited by Guarantee
Flnancial Statements
Year ended 31st March 2025
Page
Trustees, annual report (incorporating the director's report)
Statement of financial activities (including income and
expenditure account)
Statement of financial position
10
Notes to the financial statements
12

Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report)
Year ended 31st March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31st March 2025.
Reference and administratlve details
Registered charity name
Bakewell & Eyam Community Transport Limited
Charity registration number
1049389
Company registration number 03098593
Principal office and reglstered Unit 4, Longstone Business Park
office
Great Longstone
Bakewell
DE45 1TD
Th6 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 (Chsir)
Ms M J Rae-smith
MrRMWyse
(Resigned 13th November 2024)
Accountant
Allen, West and Foster
Chartered accountants
Travel House
Buxton Road
Bakewell
Derbyshire
DE45 1BZ

Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) {Gontlnu8d)
Year ended 31st March 2025
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 to fill vacancies or to bring
additional skills and experience to the Board.
DECISION-MAKING PROCESS
The trustees delegate a large amount of day-to-day decision-making and operational detail to the
Consultant Chief Executive and the General Manager, who report regularly to the 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 these processes.
TRUSTEE RECRUITMENT, INDUCTION AND TRAINING
Trustees are recruited 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 the charity and its methods of operation. Trustees are encouraged to attend
training courses to support and enhance their role.
SENIOR MANAGER REMUNERATION
Pay awards for all staff are decided annually by trustees.

Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31st March 2025
Objectlves and activiti6s
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 those objects. we aim to offer caring, safe, flexible and efficient transport 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 volunlary participation in community activities; and to help to
sustain and develop local economies and social integration.
The activities we pursue to deliver our charitable 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. These
journeys increased by 400/ts in 2024125, compared to the previous year.
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 centres, pub lunches. and historic
houses.
In total we provided 231 charitable Trips and Tours, carrying just 2.588 passengers over a distance
of 12,709 miles.
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 their hard work throughout the year.
PUBLIC BENEFIT STATEMENT
The trustees 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 communilies within
Derbyshire.
STRATEGIES TO ACHIEVE OUR AIMS AND OBJECTIVES
Our strategies are to focus our core activity on fulfilling Local Authority contracts to enable us to
deliver our aims and objectives at scale, supplemented by other services funded by contracls, grants
and customer payments. We focus on contracts providing transport for older people's and special
needs day care centres within our target geographical areas.

Company Limlted by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31st March 2025
Objectivès and activities (conllnued)
CRITERIA FOR MEASURING SUCCESS
During the year. we measured the distance travelled, trips made, and seats occupied, as follows:
Type of service
Distance
(miles) No of Trips
Seals Wheelchairs
Contract
Dial a Ride
Access to Health
Group Travel
Trip and Tours
109,244
5,962
18,136
31,339
12,709
3,646
334
1,705
2,007
231
15,397
308
1,970
20,629
2,588
4.780
81
168
1,149
77
Definitions
Contract
services delivered under contract to a statutory body. These are usually adult
social care or education related.
Dial A Ride
non health related journeys for wheelchair users or individuals wilh severe
mobility issues on a minibus.
Access to Health
a combination of health related journeys for individuals in a volunteers
private car and those for wheelchair users or individuals with severe mobility issues on a
minibus.
Group Travel- bookings made by community groups.
Trip and tours- leisure, shopping and social trips organised by BECT.
VOLUNTEER INVOLVEMENT
We have over 71 volunteers who drive buses, drive their own personal vehicles to take people to
medic81 appointments, and operate our charity bookshop - we have increased the number of active
volunteers by 40% in the past year. In 2024125, they delivered 4,600 driving hours and 4,500
bookshop hours, contributing charitable work equivalent to a value of at least £104,562. We are
extremely grateful to all our volunteers for this incredible commilment. withoul whom we could not
deliver the range of services we provide to our beneficiaries.
HEALTH & SAFETY
The trustees have adopted a rigorous Health and Safety policy and Code of Practice supported by
Croner "Bright Safe All our health and safety-related policies were reviewed and updated in July
2024.
EQUAL OPPORTUNITIES
The trustees have adopted 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 affiliation, sex,
marilal status, sexual orientation or disability.
Similarly, all our services are available to any potential beneficiary within the area.

Company Llmited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (contlnued)
Year ended 31st March 2025
Achievèments and performance
In 2024125 we were particularly proud of the development of our volunteer car scheme and our
programme of Trips and Tours.
Following renewed emphasis on our car scheme, we increased the number of journeys to hospital
appointments, for people who would otherwise have been unable to attend them, by 40 % compared to
the previous year.
We also carried 7 % more passengers on our Trips and Tours than the previous year. This programme
benefitted from generous sponsorship from HolidayCottages.co.uk. to whom we are extremely
grateful. Their donation supported our summer programme of seaside trips.
Customer feedback is proactively sought as part of our commitment to excellent service quality. Some
of the most pleasing customer quotes received during the year are below..
BW of Grindleford told us: "l am 95 years old and if it wasn't for Bakewell & Eyam buses, time oul of
my flat would be almost non-existent. It enables me to make and meet friends. go round the shops
and still be independent which means a lot to me. I hope you will be able to keep helping us Golden
Oldies. We would be lost without you."

Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) {contlnugd)
Year ended 31st March 2025
Financial review
In 2024125, we are reporting a small surplus of £749. This is a very positive outturn, as we had
budgeted for a small deficit for the year. This was largely the result of securing additional contract
income during the year. We also benefitted from a small legacy. Additionally, our renewed focus on
community development work resulted in an increase in small grants and donations from the local
area, compared to previous years.
However, the financial environment for community transport organisations is getting more and more
challenging. due to factors such as increases in employment costs. and a squeeze on income due to
the increasingly competitive contract environment.
Our balance sheet remains healthy, and this has enabled Trustees to designate £300.000 of reserves
to deliver a new strategy to help the charity adapt to the challenging funding environment over the
coming years. It is highly likely that some of these designated funds will be used in 2025126. because
a deficit budget has been set for the year.
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 slaff, vehicle and premises-related
costs.
CASH POSITION
At 31 March 2025, the charity had £841,344 in cash at bank and in hand (2024: £753,593).
FIXED ASSETS
Our fixed assets are almost entirely comprised of tangible fixed assets (mainly vehicles, with some
property and office assets). At 31 March 2025 they were valued at £159.993 (2024: £201,085).
RESTRICTED FUNDS
A restricted grant was previously received for the purchase of a minibus. This is being depreciated in
line with our policy. During 2024125, we delivered a Lottery-funded community development project
using a restricted grant which was spent in full in the year. Our total restricted funds at 31st March
2025 were £25,452 (2023: £54,315).
DESIGNATED FUNDS
As noted above, the Board has designated £300.000 of reserves for the delivery of a strategy to
enable the charity to adjust to a new funding environment. Some of these funds are likely to be used
to finance a deficit budget in 2025126.
RISK MANAGEMENT

Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (continued)
Year ended 31st March 2025
The trustees, 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 regularly updated. In September 2025, the charity's highest rated
risks related to failing to respond to the changing environment and the need to reduce core costs to
avoid making ongoing financial losses. The charity has set a deficit budget for 2025126 and created a
designated reserves fund so it can make considered and appropriate changes to the charity strategy
in the medium term.
RESERVES POLICY AND GOING CONCERN
The Board has a risk-based reserves policy which assesses the need for minimum levels of reserves
to meet ongoing obligations and the creates a target range for free reserves. The current assessment
is th8t free reserves should be kept in a range between £300,000 and £450,000.
On 31st March 2025, free reserves were £626,367 (2024: £520.897). This comprises the total
reserves, less fixed assets, restricted reserves (except fixed assets) and designated reserves. The
free reserves are therefore £176,367 higher than the top end of the target range. It is anticipated that
free resetves levels will reduce to within the target range during 2025126, due to the deficit budget set
for the year. On 31st March 2025. total funds stood at £1,090,179 {2024: £1.089.430).
Trustees have considered the charity's ability to meet its financial obligations as they fall due for the
12-month period to November 2026 and have made a positive assessment of the Going Concern
position.
Plans for future p&riods
The Board has adopted an updated strategy for the period 2025-28. This retains the charity's ongoing
focus on adult day care transport contract work, alongside our existing charitable activities of providing
individual and group transport. addressing loneliness and social isolation through our Trips and Tours
programme. the importance of our volunteer car scheme to enable people to attend medical
appointments. and our focus on service quality.
To ensure we have the resources needed to successfully deliver our strategy, we are seeking to
increase our unreslricted income through our Book End bookshop in Bakewell, and through accessing
granls and donations from the local area. We also seek to match the availability of staff and volunteers
to our service provision, and are focused on the challenges of resourcing our back office requirements
with limited resources. We are committed to monitoring our back office costs to keep them in
proportion with our income.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.

Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) (¢ontlnued)
Year ended 31st March 2025
The trustees, annual report was approved on 181h November 2025 and signed on behalf of the board
of trustees by:
Ms D L Peach (Chair)
Trustee

Company Limited by Guarantee
statement of Financial Activities
(including income and expendlture account)
Year ended 31st March 2025
2025
Restricted
funds Total funds Total funds
2024
Unrestricted
funds
Note
Income and endowments
Donations, legacies and grants
Charitable activities
other trading activities
Investment income
Other income
54,037
129.316
585.601
6,670
725
54,762
129,316
585,601
6,670
138,355
122,583
536,645
1,754
(5,342)
793.995
Total in¢om6
775,624
725
776,349
Expenditure
Expenditure on raising funds:
Costs of other trading activities
Other expenditure
Total expenditure
10
11
745,863
149
29,588
775,451
149
739,590
90
746,012
29,588
775,600
739,680
Net income and nèt movement in funds
29.612
{28,863)
749
54,315
Reconciliation of funds
Total funds brought fomard
Total funds carried forward
1,035,115
54,315
1,089,430
1,035.115
1,089.430
1,064.727
25,452
1,090,179
The statement 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 24 form part of these flnancial statements.

Company Limited by Guarantee
Statement of Financial Position
31 st March 2025
2025
2024
Note
Fixed assets
Tangible fixed assets
Inveslments
15
16
159,993
3,819
163.812
201,085
44,948
246,033
Current assèts
Stock of books
Debtors
Cash at bank and in hand
17
18
100
121,306
841.344
100
107,658
753.593
962.750
861,351
Creditors: amounts falling due within one year
Net current assets
19
36.383
17.954
926,367
843,397
1,089,430
1.089,430
Total assèts less current liabilitles
1,090,179
1,090.179
Net assets
Funds of the charity
Restricted funds
Unrestricted funds
25,452
1,064,727
54,315
1,035,115
1,089,430
Total charity funds
21
1,090,179
For the year ending 31st March 2025 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
with respect to accounting records and the preparation of financial slatements.
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 24 form part of these financlal statements.
10

Company Limited by Guarantee
Statement of Financial Posltion (contlnugd)
31 st March 2025
These financial statements were approved by the board of trustees and authorised for issue on 18th
November 2025. and are signed on behalf of the board by:
Ms D L Peach (Chair)
Trustee
The notes on pages 12 to 24 form part of these finan¢lal statements.
11

Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31st March 2025
General informatlon
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
registered office is Unit 4, Longstone Business Park. Great Longstone, 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 Stalement of
Recommended Practice applicable to charities preparing their accounts in accordan￿ 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 statements 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 statements are prepared in sterling, which is the functional currency of the entity.
Going concorn
There are no material uncertainties about the charity's ability to continue.
Dlsclosure exemptSons
This report has been prepared in accordance with the provisions applicable to companies entitled
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 Ihe Chairman and the Council of
Managemenl. Decisions which affect fundamental policy or carry significant financial implications
will always be the responsibility of the Council of Management.
12

Company Limited by Guarantee
Notes to the Financial Statements Icontinued)
Year ended 31st March 2025
Accounting policies {contlnued)
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the
charity's purposes.
Designated funds are unrestricted 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 Ihe terms of an appeal, and fall into one of two sub-classes: restricted income funds or
endowment funds.
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has
passed to the charity; it is probable that the economic benefits associated with the transaction
will flow to the charity and the amount can be reliably measured. The following specific policies
are applied to particular categories 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 donated goods is measured at 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 the
accounts when received if the value can be reliably measured. No amounts are included for
the contribution of general volunteers.
income from contracts 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
requirement for it to be spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.
13

Company Llmited by Guarantee
Notes to the Financial Statements (contlnugd)
Year ended 31st March 2025
Accounting policies (conllnuedj
Resources expended
Expenditure is recognised on an accruals basis as 8 liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of
financial activities to which it rel8tes'.
expenditure on raising funds includes the costs of all fundraising activilies. 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 furlher its charitable aims for the benefit of its beneficiaries, including those
support costs and costs relating to the govemance of the charity apportioned to charitable
activities.
other expenditure includes all expenditure Ihat is neither related to raising funds for the
charity nor part of its expenditure on charitable activities.
All costs are allocated to 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 they contribute to on a reasonable. justifiable and consistent basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation less any subsequent
accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result 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 statement 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.
except to which it offsets any previous revaluation gain, in which case the logs 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..
Short leasehold property
Motor vehicles
Equipment
Written off over the life of the lease
10% on cost
25 % on cost
Investments
Unlisted equity investments are initially recorded at cost. and subsequently measured at fair
value. If fair value cannot be reliably measured, assets are measured at cost less impairment.
14

Company Limited by Guarantee
Notes to the Financial Statements (contlnugd)
Year ended 31st March 2025
Accounting policies (contlnued)
Investments (contlnued)
Listed investments 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 at 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 other distributions received from the investment are recognised as income without
regard lo whether the distributions are from accumulated profits of the associate arising before or
after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost 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 at 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 other distributions received from the investment 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 reporiing 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-generating 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.
15

Company Limited by Guarantee
Notes to the Financial Statements (contlnu8d)
Year ended 31st March 2025
Accountlng policies (contlnuedj
Impairment of fixed assèts f¢ontlnued)
For impairmenl 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.
Flnancial instruments
A financial asset or a financial liability is recognised only when the charily 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.
Current assets and current liabilities are subsequently measured at the cash or other
consideration expected to be paid or received and not discounted.
Debt 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 with changes in fair value
recognised in income and expendilure. All other such investments are subsequently measured at
cost less impairment.
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 market 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 instruments are subsequently measured at fair value, with any changes
recognised in the statement of financial activities. wilh the exception of hedging instrumenls in a
designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence
of impairment at Ihe 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. Other financial assets are
either assessed individually or grouped on the basis of similar credit risk characteristics.
16

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
Accounting policies {conflnued)
Financlal instruments (contlnued)
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 is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not 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 measufed on a
discounted present value basis. The unwinding of the discount is recognised as an expense in
the period in which it arises.
Limited by guarantee
The Charity 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
Reslricted Total Funds
Funds
2025
Donations
Donations
16,517
16.517
Legacies
Legacies
3,555
3,555
Grants
Connex Active Travel grant
Bus Service Operators grant
Training grant
Lottery grant
Derbyshire Community Foundation grant
DDDC Trip and Tours grant
21.147
11,318
1,500
21,147
11,318
1,500
725
725
54.037
725
54,762
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
11,957
11,957
17

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
Donations, legac16s and grants (¢ontlnued)
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Legacies
Legacies
70,577
70,577
Grants
Connex Active Travel grant
Bus Service Operators grant
Training grant
Lottery grant
Derbyshire Communily Foundation grant
DDDC Trip and Tours grant
20,056
13,221
44
20,056
13,221
44
20,000
2.500
20.000
2,500
115.855
22,500
138,355
Charitable activities
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Fares and tours
Car Scheme fees
115.568
13,748
115,568
13,748
112.918
9.665
112,918
9,665
129,316
129.316
122,583
122,583
Other trading activlties
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Unity lottery
Other income
Book End takings
Contract group transport
Bus sponsorships
345
275
41.832
541,249
1,900
345
275
41,832
541,249
1,900
387
42
34.172
502,044
387
42
34,172
502,044
585.601
585,601
536.645
536,645
Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Bank interest receivable
6,670
6,670
1.754
1,754
18

Company Limited by Guarantee
Notes to the Financial Statements (contlnuedj
Year ended 31st March 2025
Other income
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Gain on disposal of tangible fixed
assets held for charity's own use
(5,342}
(5.342)
10. Costs of other trading activities
Unrestricted
Funds
Restricted Total Funds
Funds
2025
BECT general expenses
Vehicle operations
530.337
215,526
23,225
6,363
29,588
553,562
221,889
745,863
775,451
Unrestricted
Funds
Restricted Total Funds
Funds
2024
BECT general expenses
Vehicle operations
504,186
229,041
504,186
235,404
6,363
733.227
6,363
739.590
11. Other expenditure
Unrestricted Total Funds Unrestricted Total Funds
Funds
2025
Funds
2024
Social expenses
149
149
90
90
12. Net income
Net income is slated after chargingl(crediting):
2025
2024
Depreciation of tangible fixed assets
Loss on disposal of tangible fixed assets
41,688
47,349
5,342
19

Company Llmited by Guarantee
Notes to the Financial Statements (conllnued)
Year ended 31st March 2025
13. Staff ¢osts
The total staff costs and employee benefits for the reporting period are analysed as follows:
2025
2024
Wages and salaries
Social security costs
Employer contributions to pension plans
Other employee benefits
391,241
17,231
5,682
5.770
318.480
13.368
5.045
7,196
344,089
419,924
The average head count of employees during the year was 27 (2024: 27). The average number
of full-time equivalent employees during the year is analysed as follows:
2025
No.
2024
Number of staff
27
27
No employee received employee benefits of more than £60,000 during the year (2024: Nil}.
14. Trustee remuneration and èxpenses
No trustees received any remuneration for their seNices.
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 to £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 current or prior year.
20

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
15. Tangible fixed assets
Short
leasehold
property
Motor
vehicles
Equipment
Total
Cost
At 1st April 2024
Additions
146,328
604,147
93,719
596
844.194
596
At 31st March 2025
146,328
604,147
94,315
844,790
Depreciation
At 1st April 2024
Charge for the year
At 31st March 2025
129,644
5,345
421,351
35,225
92,114
1.118
643.109
41.688
134.989
456,576
93,232
684,797
Carrying amount
At 31st March 2025
11,339
147.571
1,083
159.993
At 31 st March 2024
16,684
182,796
1.605
201,085
16. Investments
Loans to
Shares in
group
group
companies undertakings
Total
Cost or valuation
At 1st April 2024
Additions
Transfers
44,848
100
44,948
(41,129)
3,719
{41,129)
3.819
At 31st March 2025
100
Impairment
At 1st April 2024 and 31st March 2025
Carrying amount
At 31st March 2025
3.719
100
3,819
44,948
At 31st March 2024
44,848
100
All investments shown above are held at valuation.
17. Stock of books
2025
2024
Stock of books
100
100
21

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
18. Debtors
2025
2024
Trade debtors
Prepayments and accrued income
Other debtors
73,372
36,239
11,695
49,955
45,687
12,016
121.306
107.658
19. Creditors: amounts falling due withln one year
2025
2024
Trade creditors
Accruals and deferred income
Social security and other taxes
24.348
5,602
6,433
5,316
7.256
5,382
36,383
17,954
20. Pensions and other post retirèment benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined
contribution plans was £5,682 (2024: £5,045).
22

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
21. Analysis of charitable funds
Unr&strlcted funds
At
1 st April 202
At
31st March 2
025
Income Expenditure
Transfers
Unrestricted and
undesignated funds
Designated Fund
735,115
300,000
775,624
(746.012)
764,727
300,000
1,035,115
775.624
1746,012)
1,064.727
At
1 st April 202
At
31st March 2
024
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
Restricted funds
At
1 st April 202
At
31st March 2
025
Income Expenditure
Transfers
Restricted Fund
54,315
725
(29,588)
25,452
At
1 st April 202
At
31st March 2
024
Income Expenditure
Transfers
Restricted Fund
38.178
22,500
(6,363)
54,315
23

Company Limited by Guarantee
Notes to the Financial Statements (contlnued)
Year ended 31st March 2025
22. Analysis of net assets between funds
Unrestricted
Funds
Restricted Total Funds
Funds
2025
Tangible fixed assets
Investments
134,541
3,819
25.452
159,993
3,819
Net assets
138,360
25,452
163,812
Unrestricled
Funds
Restricted Total Funds
Funds
2024
Tangible fixed assets
Inveslments
169,270
44,948
31.815
201,085
44,948
Net assets
214.218
31,815
246.033
23. Flnancial instruments
The carrying amount for each category of financial instrument is as follows:
2025
2024
Financlal liabiliti@s measured at fair value through income and expenditure
Property rental lease liabilities committed to
178,333
Vehicle lease liabilities committed to
208,433
233,333
284,841
386,766
518.174
24