## **Contact88** **Charity No. 1072066 Company No. 03636811** **Trustees' Report and Unaudited Accounts** **30 June 2025** Page 1 **Contact88 Contents** ||Pages| |---|---| |Chairman's Report|5| |Trustees' Annual Report|2 & 3 and 7 to 10| |Independent Examiner's Report|11| |Statement of Financial Activities|12| |Summary Income and Expenditure Account|13| |Balance Sheet|14| |Notes to the Accounts|15 to 21| |Detailed Statement of Financial Activities|22 & 23| Page 2 **Contact88 Trustees Annual Report** The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the unaudited financial statements of the charity for the year ended 30 June 2025. ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **Company No. 03636811** ## **Charity No. 1072066** ## **Registered Office** Tozer Way Chichester West Sussex PO19 7LG ## **Directors and Trustees** The Directors of the charitable company are its Trustees for the purposes of charity law. The following Directors and Trustees served during the year: R.P. Boyce J. Horne (Appointed 13 November 2023) M.J. Lewis P. McCallum R. Nallan J. O'Brennan M.L. Smith (Resigned 13 November 2023) N.H. Smith L.C. Tebb A. Williams ## **Key Management Personnel** Chair Mr R P Boyce Vehicle manager Mr M J Lewis Operations manager Mr P McCallum ## **Independent Examiners** Andy Naym & Vanessa Busek Page 3 **Contact88** ## **Bankers** Barclays Bank plc 74/75 East Street Chichester West Sussex PO19 1HR ## **Investment Advisors** Tilney Bestinvest Royal Liver Building Pier Head Liverpool L3 1NY Page 4 **Contact88** **Chairman’s Report for the year ending 30 June 2025** ## **Introduction** Thanks to all my fellow trustees, present and past, who have provided their support, advice and guidance since I became a trustee in 2021, and now in my first year of two as chairman. The annual report demonstrates how well we are functioning to cover our operational costs and make provisions for the future. ## **Operations** The biggest thanks should go to all our volunteers and Sarah, our part-time office manager, without whom CONTACT 88 would not exist. The patience, knowledge and experience required to manage any successful organisation is always overlooked, and in Sarah and all our volunteers we are lucky enough to have people who are dedicated to the wellbeing of others. Sarah and Sue & Pete McCallum have again produced and circulated the very informative 2 x 6-monthly Schedules of Outings from April to September, and October to March - these are fundamental in helping a lot of our passengers plan their daily lives, and meet our mission of providing Shopping, Outings and Companionship for them all. A job well done. We have increased our client numbers by 5% to 105 and have provided our services to 13 independent local organisations. We have completed 2288 passenger journeys over a total of 10,562 miles - an increase of 4% in journeys and 15% in mileage. ## **Volunteers & Passengers** A Facebook page for CONTACT 88 was created on 11th August 2024 which features our passengers and outings throughout the year, and has over 60 members as of July 2025. The presence of CONTACT 88 on social media is spreading what we do and how we operate to anyone and everyone. Both our new minibuses feature signs with links to our websites. Feedback from our passengers has always been encouraged to ensure that our clients expectations are met by the service we offer them. A number of our potential benefactors have requested proof of our actions following the feedback received, and to enable us to provide this information we are investigating more easily quantifiable forms of feedback. This will be launched in the Autumn 2025. Some volunteers expressed a wish to meet other CONTACT 88 volunteers as they had not met them on any outings or at the annual Social Evening in November. Some informal gatherings have taken place which have proved to be useful introductions to like-minded people, and provides an opportunity to discuss ideas and changes for the future. It is hoped this will continue into 2026 Page 5 **Contact88** ## **Trustees** Linda Tebb resigned as a trustee in March 2024 as she was moving from West Sussex. Susan Hancock was warmly welcomed as a trustee in May 2024. Sue brings a lot of public service management and volunteering experience as well as being one of our existing passenger volunteers. We are very grateful to Rangesh Nallan and Bob Stebbings who became trustees in June/July2024. Both these new trustees have brought their experience and expertise in social media, paperless systems and financial matters to help CONTACT 88 update. Rangesh stood in initially as our deputy treasurer and has also been a volunteer minibus driver for the Chichester Stroke Club for 7 years, bringing with him a lot of experience in the charity sector. Bob resigned in April after creating a number of our Accounting Policies and Procedures and we wish him success in his future charity work. After Bob’s departure Rangesh was appointed treasurer for which we are very grateful. ## **Financial Matters** CONTACT 88 is restructuring to become a Charitable Incorporated Organisation which is anticipated to be completed before the end of 2025. This new structure will enable CONTACT 88 to submit simplified accounts to HMRC and the Charity Commission, and in the long term save significant accounting expenditure. **Verso Wealth Management have been appointed as Independent Financial Advisers to oversee our - Endowment and Reserves Funds replacing BestInvest. The funds have been transferred and the sub committee appointed to effect this change are monitoring the performance.** ## **Fundraising** Delivery of a second new minibus took place in December 2024. The funding for this was due in the most part to careful and prudent financial management overseen by our previous chairmen Richard and Alan. Generous grants from The Sussex Community Foundation, The Friarsgate Trust and The Bassil Shippam and Alsford Trust made up the shortfall required. Pete organised a Chichester Big Band Concert and raffle in March which raised over £1000, and the Christmas meal and raffles raised over £700 more than 2023, both making significant contributions towards meeting our operating costs. We also received generous donations and grants from our patron Dame Patricia Routledge, The West Sussex Travel Society and a WSCC Voluntary Transport Grant – these have been invaluable sources of revenue enabling CONTACT 88 to continue meeting all our operating expenses, in particular our minibus insurance which has increased by over £2,900. ## **Summary** The continuing challenge for CONTACT 88 is to balance the acquisition and retention of willing volunteers to meet the expectations of our clients, and we will continue to explore new ways of doing this successfully. Thank you all for your time. Page 6 **Contact88 Trustees Annual Report** ## **OBJECTIVES AND ACTIVITIES** The object of the Charity is to provide mobility and social contact for elderly and disabled people in Chichester and the surrounding area through the provision of transport. The aims for the current year were: - - To maintain the two vehicles in operation in a roadworthy condition. - To offer outings and transport to a high standard of safety and reliability, and restore charitable activity towards annual levels achieved before the Coronavirus pandemic of 2020/21. - To sustain a sound financial position. Public benefit :- The trustees have given due regard to the Charity Commission's published guidance concerning public benefit. Although the Charity operates in a limited geographical area its services are available to all those in the area. The provision of assisted transport for the elderly and disabled is a much-appreciated public benefit. ## **ACHIEVEMENTS AND PERFORMANCE** Charitable activities: - Regular outings and shopping trips have been organised but current levels are still below pre pandemic levels but are heading towards previous levels of activity, that said more drivers are required before Contact 88 can return to levels achieved pre pandemic. Generous grants and donations were received from the WSCC, local charitable trusts and individuals. These helped the charity to cover fixed costs to a considerable extent and to maintain passenger contributions at a level affordable by all clients. Significant donations also allowed the charity to replace one of its ageing vehicles and it is hoped that funds will allow the second vehicle now 10 years old to be replaced in the next financial year. Signed on behalf of the board Nigal Smith Chairman/Trustee 15th October, 2025 Page 7 **Contact88 Trustees Annual Report** ## **FINANCIAL REVIEW** ## Investment powers and performance: - The trustees have power to expend the funds of the Charity in such manner as they shall consider to be most beneficial for the achievement of the Charity's objectives. The trustees can invest, in the name of the Charity, such part of the funds as they may see fit and to direct the sale or transposition of any such investment, and to expend the proceeds of any such sale in the furtherance of the objects of the Charity. A further £ NIL of the former CAF investments was re-invested in Bestinvest during the period. Total investments in Bestinvest funds at year end were (-)£3803 with £675 in the cash account. Income received from Bestinvest totalled £3204 after deduction of management charges and cash withdrawals of £3591 were made during the period. The closing balance in the bank savings account was £175212. Bank interest received was £739, as compared with £935 the previous year. ## Reserves: - The Charity holds a Vehicle Replacement Fund to provide for the simultaneous replacement of both vehicles currently in service. It will continue its policy of making transfers to this fund of amounts equal to the annual vehicle depreciation provision from otherwise undesignated resources. An additional Asset Replacement Fund takes into account rising vehicle prices and vehicle improvements to enhance future standards of service. Undesignated resources may be transferred to this fund from time to time at the discretion of the Trustees who must also approve transfers out for the purpose of vehicle or other fixed asset replacement. At the yearend £22337 was held in the Vehicle Replacement Fund (2024: £31577) and £14000 in the Asset Replacement Fund, unchanged from 2024. The Charity needs to hold sufficient readily realisable unrestricted and undesignated funds to ensure it is able to meet its operational commitments and to ensure there are resources available to meet any substantial vehicle repair costs. In the opinion of the Trustees the minimum level should be equal to at least six months charitable expenditure in a normal year (£12000). The Trustees will continue to seek to retain this fund at the required level to ensure the ongoing security of the services offered. Under Clause 34 of its Memorandum and Articles of Association the Charity maintains an Endowment Fund to support the subsidised cost of transport. Capital can be withdrawn only in dire emergency and any withdrawal requires the approval of not less than 75% of the votes cast at a meeting of the Executive Committee of which 14 clear days’ notice has been given stating the intention to propose this resolution. Under Clause 34 surplus income may be invested in the Endowment Fund. ## Financial review and results: - The valuable contribution by the volunteer drivers and assistants continues to help the Charity to contain its costs. The net profit before unrealised profits on investments was £16079 as compared with a net profit of £25550 in 2024. Page 8 **Contact88 Trustees Annual Report** ## **PLANS FOR FUTURE PERIODS** The Charity will continue to offer transport for the elderly and disabled. With its vehicles it will offer the maximum possible level of service with a view to restoring pre-pandemic activity levels as soon as possible. Restricted use of the existing vehicles throughout the pandemic has meant that they have been retained beyond their usual seven-year life. In considering the optimum time for their replacement, the charity will also examine opportunities for improvement of comfort, economy a environmental considerations. In the long term the purchase of replacement vehicles and improvements in comfort and safety will be financed by the Replacement Vehicle Fund and Asset Replacement Fund. The Trustees regard this as good husbandry of the resources. For the foreseeable future however, grants will still be sought from external sources to enable fares and charges to be maintained at levels affordable by all clients of the Charity. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## Governing document: - Contact 88 is a company limited by guarantee, registration number 3636811, and a registered charity, registration number 1072066. It was incorporated on 23 September 1998. The Charity is governed by the Memorandum and Articles of Association. ## Organisational structure: - The Charity is based at Tozer Way, Chichester, West Sussex and is staffed by volunteers and one part-time employee. Appointment, induction and training of new trustees: - The Trustees are appointed and retire by rotation in accordance with the Memorandum and Articles of Association. Upon appointment Trustees are given full induction on the activities of the Charity. ## Chain of management decisions and application: - Major decisions are made by consensus between the Trustees, usually at Executive Committee Meetings five times a year. In between times, informal consultation takes place and ad hoc meetings can be quickly held. Day-to-day running is in the hands of the Operations Manager, the Vehicle Manager and the Office Administrator, who consult with the Chairman and other trustees as necessary. The Charity being small, the application of decisions is made by all parties keeping in regular contact. The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 9 **Contact88 Trustees Annual Report** The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102). Signed on behalf of the board Nigal Smith Chairman/Trustee 15th October, 2025 Page 10 **Contact88 Independent Examiners' Report** ## **Independent Examiners' Report to the trustees of Contact88** I report to the charity trustees on my examination of the financial statements of Contact 88 for the year ended 30 June 2025. ## **Responsibilities and basis of report** As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). Having satisfied myself that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's financial statements as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe: - accounting records were not kept in accordance with section 386 of the 2006 Act ; or - the financial statements do not accord with those records; or • the financial statements do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination; or • the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Andy Naym Vanessa Busak 15-Oct-25 Page 11 ## **Contact88** ## **Statement of Financial Activities for the year ended 30th June, 2025** |**Contact88**
**Statement of Financial Activities**
**for the year ended 30th June, 2025**|||||| |---|---|---|---|---|---| |||**Unrestected**|**Endowment**||| |||**funds**|**funds**|**Total funds**|**Total funds**| |||**2025**|**2025**|**2025**|**2024**| |||**£**|**£**|**£**|**£**| ||**Notes**||||| |**Income and endowments from :**|||||| |Donations and letacies|3|29,282|-|29,282|18,709| |Charitable activities|4|20,086||20,086|16,492| |Investments|5|3,943||3,943|4,312| |Other|6|||-|200| |||______________________||__________________________|| |**Total**||**53,311**|**-**|**53,311**|**39,713**| |**Expenditure on :**|||||| |Raising funds|7|291||291|326| |Charitable activities|8|28,124||28,124|23,031| |Other|9|8,817||8,817|-9,194| |||______________________||__________________________|| |**Total**||**37,232**|**-**|**37,232**|**14,163**| |Net gains on investments||||-|5,748| |||______________________||__________________________|| |**Net Income**|10|**16,079**|**-**|**16,079**|**31,298**| |Transfers between funds||-|-|-|-| |||______________________||__________________________|| |**Net income before other gains/(losses)**||**16,079**|**-**|**16,079**|**31,298**| |**Other gains and losses**||-|-144|-144|-| |||______________________||__________________________|| |**Net movements in funds**||**16,079**|**-144**|**15,935**|**31,298**| |**Reconciliation of funds :**|||||| |Total funds brought forward||1,14,135|1,29,824|2,43,959|2,12,661| |||______________________||__________________________|| |**Total funds carried forward**||**1,30,214**|**1,29,680**|**2,59,894**|**2,43,959**| Page 12 ## **Contact88** **Summary Income and Expenditure Account for the year ended 30th June, 2025** |Income
Interest and investment income
**Gross income for the year**
Expenditure
Depreciation and charges for
impairment of fixed assets
**Total expenditure for the year**
Net income before tax for the year
**Net income for the year**|**2025**
**£**
49,182
3,943
**53,125**
28,415
8,631
**37,046**
16,079
**16,079**|**2024**
**£**
35,401
4,312
**39,713**
23,357
-9,194
**14,163**
25,550
**25,550**| |---|---|---| Page 13 ## **Contact88** **Balance Sheet as at 30th June, 2025** |**Notes**
**Company No. 03636811**
**Fixed assets**
Tangible assets
13
Investments
14
**Current assets**
Debtors
15
Cash at Bank and in hand
**Creditors : Amount falling due within one year**
16
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Endowment funds**
17
Endowment funds
**Unrestricted funds**
17
General funds
Designated funds
**Total funds**||**2025**
**£**
87,544
-3,803
**83,741**
812
1,76,050
**1,76,862**
-709
**1,76,153**
**2,59,894**
**2,59,894**
**2,59,894**
1,26,611
**1,26,611**
13,561
1,19,722
**1,33,283**
**2,59,894**|**2024**
**£**
54,996
1,26,755
**1,81,751**
5,238
57,748
**62,986**
-778
**62,208**
**2,43,959**
**2,43,959**
**2,43,959**
1,29,824
**1,29,824**
13,562
1,00,573
**1,14,135**
**2,43,959**| |---|---|---|---| These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. For the year ended 30th June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. Approved by the board on 13th October, 2025 And signed on its behalf by : Nigel Smith Chairman/Trustee 15th October, 2025 Page 14 **Contact88 Notes to the Accounts for the year ended 30 June, 2025** ## **1. Accounting policies** ## **Basis of Preparation** The financial statements have been prepared in accoundance with Accounting and Reporting by Charities: 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) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. ## **Change in basis of accounting or to** ## **previous accounts** There has been no changes to the accounting policies (valuation rules and method of accounting) since last year and no change have been made to accounts for previous years. **Fund accounting** Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. Designated funds These are unresticted funds earrmaked by the trustees for particular purposes . The vehicle replacement fund represents the value of the depreciated element of the vehicle held as fixed assets. The asset replacement fund, the establishment of which was approved by the Trustees in March, 2017, represents the provision for increase in vehicle prices and costs of vehicle comfort and safety improvements beyond the provision in the vehicle replacement fund. Allocation of unrestricted income are made by the Trustees as and when they seem prudent. The endowment fund is expendable. Allocations of unrestricted income are made annually by the Trustees as they see fit. Income earned each year is used to defray the operating costs. Any surplus income is reinvested in the endowment. Under certain circumtances capital may be withdrawn. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. Page 15 ## **Contact88 Notes to the Accounts** ## **Income** Recognition of Income Income with related expenditure Donations and legacies Tax reclaims on donations and gifts Donated services and facilities Volunteer help Investment income Gains/(losses) on revaluation of fixed assets Gains/(losses) on investment assets Income is included in the statement of Financial Activities (SoFA) when the charity becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. Where income has related expenditure the income and related expenditure is reported gross in SoFA. Voluntary income received by way of grants, donations and gifts is included in the SoFA when receivable and only when the Charity has unconditional entitlement to the income. Income from tax reclaims is included in SoFA at the same time as the gift/donation to which it relates. These are only included in income (with an equivalent amount in expenditure) where the benefit to the Charity is reasonably quantifiable, measurable and material. The value of any volunteer help received is not included in the accounts This is included in the accounts when receiveble. This includes any gain or loss resulting from revaluing investments to market value at the end of the year. This includes any gain or loss on the sale of investments. ## **Expenditure** Recognition of expenditure Expenditure on raising funds Expenditure on charitable activities Grants payable Governance costs Other expenditure ## **Taxation** Expenditure is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates. These comprise the costs associated with attracting voluntary income, fundraising trading costs and investment management costs. These comprise the costs incurred by the Charity in the delivery of its activities and services in the furtherance of its objectes, including the making of grants and governance costs. All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. These are support costs not allocated to a particular activity. The charity is exempt from corporation tax on its charitable activities. Page 16 **Contact88 Notes to the Accounts** ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life : Leasehold property in accordance with the lease Equipment 25% on reducing balance Minibuses 25% on reducing balance ## **2 Company status** The company is a private company limited by guarantee and consequently does not have share capital. ## **3. Income from donations and legacies** |Donations from trusts and individuals
Bus Service Operators Grant
Other Grants
Gift Aid
**4. Income from charitable activities**
Income from Usage: C88 Outings
Income from Usage: Other users
Gala Day
Miscellaneous income
**5. Income from investments**
Bank Interest Earned
Bestinvest Investment Income|**Unrestricted**
**£**
17,384
410
11,130
358
__________
**29,282**
**Unrestricted**
**£**
12,544
6,012
14
-
___________
**18,570**
**Unrestricted**
**£**
734
3,204
__________
**3,938**|**Total**
**Total**
**2025**
**2024**
**£**
**£**
17,384
14,438
410
761
11,130
1,500
358
2,010
___________
_____________
**29,282**
**18,709**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
12,544
10,836
6,012
5,559
14
82
-
15
___________
_____________
**18,570**
**16,492**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
734
969
3,204
3,343
____________
____________
**3,938**
**4,312**| |---|---|---| Page 17 **Contact88 Notes to the Accounts** ## **6. Other Income** |Bank Compensation
**7. Expenditure on raising funds**
Investment management costs
Bestinvest Investment Income
**8. Expenditure on charitable activities**
Expenditure on charitable activities
Income from Usage: C88 Outings
Government costs
Independent Examination Fee
Governance Costs
Trustee Meetings
Legal Expenses
**9. Other Expenditure**
Amortisation, depreciation, impairment,
profit/(loss) on disposal of fixed assets
**10. Net income before transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
-
__________
**-**
**Unrestricted**
**£**
291
__________
**291**
**Unrestricted**
**£**
30,830
25
34
126
2,109
__________
**33,124**
**Unrestricted**
**£**
33,813
__________
**33,813**
**Unrestricted**
**£**
21,315
**21,315**|**Total**
**Total**
**2025**
**2024**
**£**
**£**
-
200
___________
_____________
**-**
**200**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
291
326
___________
_____________
**291**
**326**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
30,830
22,850
25
60
34
13
126
108
2,109
___________
____________
**33,124**
**23,031**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
33,813
-9,194
___________
_____________
**33,813**
**-9,194**
**Total**
**Total**
**2025**
**2024**
**£**
**£**
21,315
4,490
**21,315**
**4,490**| |---|---|---| Page 18 **Contact88 Notes to the Accounts** ## **11. Trustees remuneration and expenses** None of the trustees have been paid any remuneration in the current or prior periods. None of the trustees has been paid expenses in the current or prior periods. Total expenses reimbursed to trustees |**2025**|**2024**| |---|---| |**Number**|**Number**| |**£**|**£**| |0|0| ## **12. Staff costs** No employees received emoluments in excess of £60,000. The average monthly number of full time equivalent employees during the year was as follows: |Charitable
13. Tangible fixed assets
**Cost or revaluation**
At 1 July 2024
Additions
Disposals
At 30 June 2025
**Depreciation and impairment**
At 1 July 2024
Depreciation charge for the year
Disposals
At 30 June 2025
**Net book values**
At 30 June 2025
At 30 June 2024|**£**
1,900
_________
**1,900**
**Land and**
**Buildings**|_
_|**2025**
**Number**
1
**1**
**£**
___________
**-**
-
-
___________
**-**
-
-
**Equipment**|**£**
85,365
55,365
-29,780
____________
**1,10,950**
**Minibuses**|
|**2024**
**Number**
1
**1**
**£**
87,265
55,365
-29,780
_____________
**1,12,850**
32,269
21,315
-28,278
_____________
**25,306**
87,544
54,996
**Total**| |---|---|---|---|---|---|---| ||692
38
_________
**730**|||31,577
21,277
-28,278
____________
**24,576**||| ||1,170|||86,374||| ||1,208|||53,788||| Page 19 ## **Contact88 Notes to the Accounts** ## **14 Investments** |**Cost or revaluation**
At 1 July 2024
Additions
Revaluation
At 30 June 2025
**Net Book Values**
At 30 June 2025
At 30 June 2024
**15 Debtors**
Trade debtors
Prepayments and accrued income
**16 Creditors**
Total creditors
Other taxes and social security
Arruals
Deferred income|**£**
1,26,755
4,558
-1,35,116
-3,803
3,803
1,26,755
**2025**
**£**
175
637
___________
**812**
**2025**
**£**
-
34
-
675
___________
**709**
**Other**
**investments -**
**listed**|**£**
1,26,755
4,558
-1,35,116
-3,803
3,803
1,26,755
**2024**
**£**
279
4,959
_____________
**5,238**
**2024**
**£**
-
15
124
639
_____________
**778**
**Total**| |---|---|---| Page 20 **Contact88 Notes to the Accounts** ## **17. Movement in funds** |**Endowment funds**
Endowment fund
**Total**
**Unrestricted funds:**
General funds
**Designated funds:**
Fixed Assts Fund
Replacement Vehicle Fund
Asst Replacement Fund
**Total Funds**|**£**
1,29,824
________
**1,29,824**
13,562
54,996
31,577
14,000
________
1,00,573
________
**2,43,959**
**At 1 July**
**2024**|**£**
__________
**-**
29,639
__________
29,639
__________
**59,278**
**Incoming**
**resources**
**(including**
**other**
**gains/losses**|**£**
___________
**-**
-13,561
40,645
10,455
___________
37,539
___________
**23,978**
**Resources**
**expended **|**£**
-3,213
____________
**-3,213**
-22,480
-5,855
-19,695
-
____________
-48,030
____________
**-73,723**
**Gross transfers**|**£**
1,26,611
_____________
**1,26,611**
7,160
89,786
22,337
14,000
____________
**1,26,123**
____________
**2,59,894**
**At 30 June**
**2025**| |---|---|---|---|---|---| ## **18. Related party disclosures** The company is limited by guarantee and has no share capital, thus no signal party controls the Company. Page 21 ## **Contact88** ## **Detailed Statement of Financial Activities for the year ended 30 June 2025** |**Income and endowments from:**
Donations and legacies
Donations from trusts and individuals
Bus Service Operators Grant
Other Grants
Gift Aid
Charitable activities
Income from Usage: C88 Outings
Income from Usage: Other Users
Gala Day
Miscellaneous Income
Investments
Bank Interest Earned
Bestinvest Investment Income
Other
Bank Compensation
**Total income and endowments**
**Total of expenditure on raising funds**
**Expenditure on:**
Investment management cost
Bestinvest Investment Income
**Total of expenditure on raising funds:**
Chariable activities
Income from Usage:C88 Usage
Governance costs
Independent Examination Fee
Governance Costs
Trustees Meetings
Legal Fees
**Total of expenditure on charitable activities**|**£**
17,384
410
11,130
358
__________
**29,282**
13,874
6,012
14
186
__________
**20,086**
739
3,204
__________
**3,943**
-
**-**
**53,311**
291
__________
**291**
**291**
25,830
__________
**25,830**
25
34
126
2,109
__________
**2,294**
**28,124**
**Unrestricted**
**funds 2025**|**£**
___________
**-**
___________
**-**
___________
**-**
**-**
**-**
___________
**-**
**-**
___________
**-**
___________
**-**
**-**
**Endowment**
**funds 2025**|**£**
17,384
410
11,130
358
____________
**29,282**
13,874
6,012
14
186
____________
**20,086**
739
3,204
____________
**3,943**
-
**-**
**53,311**
291
____________
**291**
**291**
25,830
____________
**25,830**
25
34
126
2,109
____________
**2,294**
**28,124**
**Total funds**
**2025**|**£**
14,438
761
1,500
2,010
_____________
**18,709**
10,836
5,559
82
15
_____________
**16,492**
969
3,343
_____________
**4,312**
200
**200**
**39,713**
326
_____________
**326**
**326**
22,850
_____________
**22,850**
60
13
108
_____________
**181**
**23,031**
**Total funds**
**2024**| |---|---|---|---|---| Page 22 ## **Contact88** ## **Detailed Statement of Financial Activities for the year ended 30 June 2025** |General administrative costs, including
depreciation and amortisation
Depreciation of land and buildings
Depreciation of Equipment
Depreciation of Minibuses
Profit on disposal of tangible fixed assets
**Total of expenditure of other costs**
**Total expenditure**
Net gain on investmens
**Net income**
**Net income before other gains/(losses)**
Other gains/(Losses)
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|38
21,277
-12,498
__________
**8,817**
**8,817**
**37,232**
-
**16,079**
**16,079**
-
__________
**16,079**
1,14,135
__________
**1,30,214**|___________
**-**
**-**
**-**
-
**-**
**-**
-144
___________
**-144**
1,29,824
___________
**1,29,680**|38
21,277
-12,498
____________
**8,817**
**8,817**
**37,232**
-
**16,079**
**16,079**
-
____________
**16,079**
2,43,959
____________
**2,59,894**|38
4,452
-13,684
_____________
**-9,194**
**-9,194**
**14,163**
5,748
**31,298**
**31,298**
-
_____________
**31,298**
2,12,661
_____________
**2,43,959**| |---|---|---|---|---| Page 23