REGISTERED COMPANY NUMBER: 03620232 (Eogland and Wales)
REGJSTERED CHARITY NUMBER: 1076729
Report of th• TruJte•J And
UnAudlt¢d FiogDelal Statsm¢llts for th¢ Y¢4r Ended 31 Deeemb¢r 2024
ror
WatBuJ
Peter Weldon & Co. Ltd
87 Ststion Road
Ashington
Northumberland
NE63 8RS

WatBus
Contents of tb¢ Financial Ststements
Cor th¢ Year Ended 31 December 2024
PA8e
Report of the Trustees
1 10 4
Ind¢p¢ndent ExAmln¢r's Report
Statem¢Dt of FAnanelAI ActlvAtles
BalgDe• Sheet
7 10 8
Cash Flow Statement
Notes to th¢ Cash Flow StAtemant
io
Ntst￿ to tbe Flnandal Ststem•nts
11 to 18
Detall¢d Statement of ThDaDelal Aedvllles
19 to 20

WAtBus
R¢port of tho Trustees
for th¢ Year Ended 31 D&*mb¢r 21J24
Introducllon
The Truste4 who also serve as directors under company law. are pleased to present the annual report and
flliancia] ststements for the year ending 31 December 2024. This report has been prepared in accordance
with the Charitie5 Statement of R¢¢ommended Practice (SORP) under FRS 102.
Charitable Objectives and Impact
In 2024, WATBUS continued its mission to provide high-quality, affordable community transport acr05S
Northumberland and surroundin8 areas. sin￿ its inception. the Charity Brown and evolved to meet
increasing demand reinvestin8 wh¢rever possible to enhance services.
WATBUS plays a vitsl role in improving the quality of life for individuals with diveTse needs. offerin8
e53ential acce5S to edU￿tiOn, healthcare, employmenL and social opportunities. As the Community
Transport Association hi8hlights. community trnnsport fosters inelusion. empowemienl and
connect10Tr￿Va1Ues ¢¢ntral to our work.
In ¢¢l¢bration of our 25th anniversary in 2023. we rnfie¢ted on our social impact and introduced a joint
mission ststement with WATBike:
"To provide frien(lly and professional comrnunity transport and cyclin8 $￿VICeS that enh4nc¢ ￿nnectednesS.
social Inclusio￿ and the menta] and physical well-being of the communities we s¢rve.°
tn 2024. our fleet of 24 vehicles-including five adapted for wh¢¢l¢hair users-covered 265,000 miles and
transported over 60,000 passengers.
Chalrfs Statement- Allytalr Wad•
Followin8 our 25th anniversary. the Ththes committ¢d to deepenin8 our charilable focus. We aimed to
maximise the use of our assets•includin8 our improved fleeL WATBik¢ centre at Kirkleyp and our new
respite Carava￿ WATBreak in Amble-to support those most in De￿.
Our COO and team developed A strate8ic plan to build lon8-lerni partherships with charlties, local
authorities, and community organisations, We are proud of the prowss made in 2024 and 8rateful to our
Thist¢￿ for their dedication.
A spKial con8rattdations to Barry Amutron& prornotsd to CEO at the end of the yev. Our charity is built
on stron8 foundatioDI and we thank our staff and volunteers for their tireless ¢ontributions.
Cbief Ex¢eutlv¢ Olficer's Report
2024 was a yetr of growth and innovation. We expanded our office space. Introduced a dedicated MIDAS
training room. and $tr¢n8thened our nwia8¢ment structure to support our expandin8 setvices.
Key d¢velopments included:
- Launching WA1Br¢ak and the Out & About car scheme. both heavily sub3idised to maximise community
benefiL
- Investing £20.000 in a wheelchair-a¢¢essible VW Caddy to meet local dernand.
- Absorbing £5,500 in site fees for our community caravan to keep costs affordabl¢.
- Welcoming Emily Johnson as our offi¢¢ junior to support administration and enhance our social media
pre5cnce.
Our income rose by 17%, enabling to up￿ade vehicles and offer free transport to lon8-tsrni member
groups and other community organtsations. We continued to support 14 SEND contracts, tr￿￿pOrting ov¢r
120 children daily with the help of 28 dedicated drivers and assistsnts.
Page I

W#tBus
Report of the Trusttts
for the Year Ended 31 Detewb¢r 21Y24
WATBUS Manage￿3 R¢port
In 2024. we remained committed lo providing afforthble tratwt f￿ voluntsry and community sector
organisations. Highlights in¢lude:
- £15,(100 in subsidised travel provided to over 30 organisstions.
- 428 journeys supported through the Out & AiK)ut car sch¢m4 offering door.to4oor tra￿POrt for isolated
individuals.
. Launch of WATBreaK off(Yin8 respite care in a coastsl s¢ttin& Fe￿baCk has been overwhelnun8ly
positive.
We also expanded our shopping shuttle services:
. The Newbiggin Nipper now servcs Newbi88in.by4he-Sea and Ashington.
- The CELL Shuttle restarted in April. ￿nnectIng Cresswell, Ellin8to￿ Lint0￿ I￿1 Lynemouth to Morp¢t
Over 1,51XI pL8Sffl8et5 used these s¢rvi¢es betweffi April and December.
MIDAS TrnlniDg
WATBUS remains a Certified MIDAS training provider th￿8h the Communlty Tramport Association. In
2024. we introduced a new blended tr•ining mr&l combinin8 online theory with practi￿ sessions. We
delivered:
. 59 Standard MIDAS cour8¢3
- 42 AC￿$S]b]e MIDAS courses
Feedback has been ￿¢￿]1￿ with l¢wn¢rs prnising the supportive And knowled8eabl¢ train¢r&
WATBIkn Manage￿5 Report
WATBike promotes ￿Cling for health aTrJ well&in8 thro￿.
- Refurbishin8 donaied bikes
- Repairs and servi¢in8 at our Kirkley workshop
- Mobile 'Dr Bike. sessions across the Northeast
- Free guided rid¢s
. Transport for ¢y¢lin8 events and ¢hallen8es
Durin8 2024, ow fo¢￿1 was to develop our "Dr Bik¢" offwing for the two Universiti¢s in NeW¢￿e upon
Tyne. For Newwtl¢ University, we carry out sessions every two weeks at different locations around the
campus - these f￿u5 on sAfety chttks WNI minor rtyairs. to keep as rnany bikes as possible fundioning
Safely and efficiently for those comrnutin8 into the eity. For Northumbria University. the sessions are held
once a month (Northumbria University a third of numbez of staff and students as Newcasde). Jn
additio￿ we hold popup Mles of refirbtshed bikes twic¢ a year at each lo¢￿10￿ with ¢y¢les sthrting frnm as
little as £50.
Aeross th¢ year. we worked aJon8side v•rious other charities and nOt.￿.PrOfit or8anisations• providing free
bikes as a method of transp)rt to people in need . those returrring to work for v8rious re￿n5. who may not
be able to afford a car or for whom public transport is not readily available for their journeys (shift patterns
isolated Communities etc.)
EnvlroDm¢ntal Impaet:
- Over 200 bikes stripped for parts or m¢tsl reuse
- 1 500 kg of tyres recy¢led via Velorim
We facilitated over 7.000 miles of guided rid¢s $Upwt￿ cyclin8 events nationwide.
Looklng Ahud to 2025
We will Continue to develop our key proiects-WATBreal Out & AbouL and shopping shuttles-while
levera8in8 our stren￿. dedicated stsff and voliiittttr4 str￿g community tie4 and a trusted brand

WatBus
Report of the Trnstses
for the Y¢ar Ended 31 D¢eember 2024
Our 8oaJ remains to reduce SOCI￿ exclusion and contribute to lowering health and social care costs acn)ss
Northumberland.
Fllnders
We would like to thank our funders for their on80in8 and invaluAble support
- Big Bike Revival
- Northumberland County Council Community Chest
STRATEGIC REPORT
Reserves poltey
As of 31 December 2024:
- Tolal r¢s¢rves: £551.589
- Unrestricted fixed assets: £261,121
- Free r¢5erves: £290.468
With monthly expenditure at £47,916, w¢ meet our 3-rnonth reserve policy. Th￿te¢S wlll continue to review
and aim to increas¢ reserves while supporting growth.
STRUCTURE. GOVERNANCE AND K4NAGEME
Covernlng document
The Charity is controlled by its governing documenl a deed of trusL and constilutes a limited company.
limited by guarantsq as defined by the Companies Art 2006.
REFERENCE AND ADMLYISTRATIVE DETAll
Reglst•r¢d Company number
03620232 (England and Wales)
Reglst¢red Cbarlty Dumber
1076729
ReEiStered office
Wansbeck Workspace
W8nsb¢ck Business Park
Ashxn8ton
Northumlxrland
NE63 8QZ
Trustees
LJKidd
J Davenport
ARWade
J R Wakenshaw
IDdepend¢Dt Examiner
Peter Weldon & Co. Ltd
87 Ststion Road
Ashington
Northumberland
NE63 8RS

WatBus
Report of the Trust¢¢s
for the Year Ended 31 Dee¢mber 21)24
Bankers
Barclays Bank
53 Fawcdt Street
Sunderland
SRI IRS
Report of the trwtees. inc4)rporatin
compony direcknr4 ¢)n . Lg Ajaj
c reporL approved by order of the board of tniste4 as the
and on the boards behalf by:
A R Wade. ThLStee

IndepeThd¢Dt Examinerls Report to the Trustees of
WatBus
Indep¢ndent exgminerfs report to the trustees of WatBus Cthe Company,)
I report lo the tharity trustees on my examAnation of the accounts of the Company for the Y￿ ended
31 De￿rnber 2024.
Responsibilltles and basls of report
As the charity's trustees of the Company (and also its directors ftir the purposes of company law) you are
r¢sponsible for the preparntion of the accounts in accordan¢e with the rquirements of the Companies Act
2(KJ6 (lhe 2006 Ace).
Having satisfied myself that the acry)unts of the Company are not required to b¢ audited under Part 16 of the
2006 A¢t and are eligible for independent examination, I report in re5P¢¢t of my examination of your
charity's accounts as Garried out under Section 145 of the Charities Act 2011 (*he 2011 A¢V), In carrying out
my exmnination I have followed the Directions given by th¢ Charity Commission under Section 145(5) (b)
of the 201 l Act.
tnaependent exAmiDer'g $tatem¢nt
Since your charity's gross income exceeded £250,000 your examiner m￿t be a member of a listed body. I
can confinn that l am qualified to undertak¢ the examination because l am a member of the Institute of
Chartered Accountants in En8land and Wale4 which is one of the listed bodies.
I have completed my exwnination. I confinn that no matters hav¢ ¢ome to my attention in ¢onnection with
the examination giving me cause to believe:
a¢¢ountinB records wer¢ not kept in respect of the Cornpany as required by Section 386 of the 2006
Act; or
the accounts do not accord with those rewrds: or
th¢ a¢¢ounts do not comply with the accounting requirements of Section 396 of the 21x16 Act other
than any requirement that the a¢wunts give a true and fair view whi¢h is not a matter wnsidered
part of 8n independent examination; or
the accounts have not be￿ prepared in awdance with th¢ methods and principles of the Statement
of Re￿mmended Prarti¢e for accounting and reporting by charities (appli¢able to charities preparing
their accounts in accordance with th¢ FinanciaI Reportin8 Stsndard applicable in the UK and Republic
of treland (FRS 102)).
I have no Concen￿ 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 understandin8 of the accounts to be
reached.
P Weldon
P¢ter Weldon & Co. Ltd
87 Ststion Road
Ashinston
Northumlxrland
NE63 8RS
Page 5

W8tBus
ststement of Winanelal Aetiviti
(Ineorpornting an Income and Expenditure Aceount)
for th¢ Y¢ar Ended 31 D¢¢¢mb¢r 2024
21124
Total
nds
2023
Total
funds
Unrestricted R¢Jtrlcted
fund
rund
Notes
INCOME AIW EIWOWMENfs FROM
Donations and legacies
27,031
27,031
54,563
Other ts8ding activities
Investment in￿rne
929,004
929,004
762,308
748
Total
958 109
958 109
817 619
EXPENDTnlRE ON
Raising funds
13,156
13,156
5.347
Charltabla actlvltles
WATBUS Activities
WATBike Activities
Support Costs
WATBr¢ak Activities
568,328
105,346
160,358
464
568,328
105,346
160.358
464
470,223
114.885
139.177
Total
847 652
847 652
733 333
NET INCOME
TrnDJfers between fvnd$
110.457
110.457
84,286
15
Net movem¢nt ID funds
136,587
(26,130)
110.457
84.286
RECONCILIATION OF FUNDS
Totsj funds brou8bt forward
415.002
26.130
441,132
356.846
TOTAL FUNDS CARRIED FORWAIU>
551589
551589
The notes fomi part of these financial statements
Page 6

WatBus
Bglance Sheet
31 D¢¢eDJber 2024
2024
Total
funds
21n3
Tolv41
funds
Unrestricted Restrlcted
fund
fund
Notes
F￿￿D ASSETS
Tangible a5￿ts
12
261.121
261,121
203,815
CURRENT ASSETS
Debtors
Cash at bank and in hand
13
49,124
49,124
260 497
34.722
309.621
309.621
257.938
CREDfTORS
Amounts fallin8 due within one year
14
(19,153)
(19,153)
(20,621)
NET CURRENf ASSETS
290 468
TOTAL ASSETS LESS CURRENr
LIABILTTIES
551,589
551,589
441,132
NET ASSETS
551589
551589
15
Unrestricted fimd$
Restricted fimds
551.589
415,002
551589
The charitable company is entitled to ex¢mption from audit under Sectioft 477 of the Companies Act 2006
for th¢ year ended 31 December 2024.
The members have not required the company to obtsin an audit of its financial statements for the year ended
31 Derxmber 2024 in accordanc¢ with Section 476 of the Companies Act 2006.
The trustees acknowled8¢ th¢ir responsibilities for
(a) ensuring that the charitable company keeps accouThtin8 records that ￿rnpty with Sections 386 and 387
of the Companies Act 2006 and
(b) preparin8 fmanciAI ststements which give a trt￿ gnd falr view of the state of affairs of the ¢haritable
¢ompany as at the end of each financial year and of its surplus or deficit for each fin•￿141 year in
4￿rdance with the requirements of Se¢tions 394 and 395 and which othenvise comply with the
requirements of the Companies Act 2006 relating to financial statements, so fhr as applicable to the
¢haritable company.
The notes forn) part of these financial ststernents
Page 7
continu¢d...

WatBus
Balatteo Sh¢et- ¢oDtSnMed
31 Deeember 2024
The financial statsments were approved by the Board of Th￿ee$ and authorised for issue on
..I* TAM￿￿￿ ..%Q.4.. and were Si￿ed on its behalf by:
A R Wade- Th￿tse
The notes forni p4rt ofthese financial statements
Page 8

WatBu8
Cath Flow StAtement
for the Y￿r Ended 31 De¢ember 21ll4
2023
Notss
Ca#h flows from operating gellvltl¢8
Cash 8en¢rat¢d from operations
Interest ￿ld
199944
157.687
1,774
Net C&8h Provid￿ by operatin8 adivities
155 913
Cash flows from Investhig actlvltks
Pu￿hase of tangible fixed assets
Sale of tangibk fixed 8S8¢ts
(108.603)
(54.598)
(101177)
21,502
748
Net cash u3¢d in investing activities
161127)
ChAng¢ In and euh qulv*kuts
ID the r¢pordng perlod
Cayb ind cash ¢quivalents at tbe
boglnnAng of the repordD8 p¢riod
37281
75,986
Cash and ¢ash equfvalents at the •nd
ofthe reportlng perlod

W*tBtys
Notss to the Cash Flow StstemeDt
for the Year End¢d 31 Dttember 21ll4
RECONCILIATION OF NET llYCOME TO NET CASH FU)W TrROM OPERATllYG
2024
2023
Net Income for th¢ r¢portiDg period (as per the Ststsm¢nt of
Financial Aclivitl¥)
Adjustm¢nts for:
Depr¢¢iation charges
Loss on disposal of fixed assets
Interest received
tntere5t paid
(tncr¢aseydecrease in debtors
I10.457
84.286
93.800
11095
(1074)
1.536
(14,402)
71,730
5,347
(748)
1,774
29.474
N•t eajh provlded by op¢r*tlonx
157687
ANALYSIS OF CHANGKS IN NEf FUNDS
At IIA124
Ilow At 31111Q4
Cash at bank and in hand
223
Totsl
37
Page io

W*tBus
Notes to the Flnaactsl Statements
for the Year Ended 31 Dttember 21ll4
Basis ofprep2riug the financial stst¢ments
The financial statements of the charitsble ci)mpany* which is a public benefit entity under FRS 102.
hav¢ been prepared in ac￿ with the Charities SORP (FRS 102) 'Accounting and Reporting by
Charities: Statement of Recornme￿ded Pra¢ti¢e applicable to charities prepaTin8 their accounts in
accordance with the Financial Reporting Slandard applicable in the UK and Republic of Jreland {FRS
102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard
applicable in the UK and Republic of Ir¢land' and the Companies Act 2006. The financial statements
have been wepared under tk histori￿ cost ¢￿vention.
In¢om¢
All income is reco8nised in the Si•tem¢nt of Finwial Activities 0￿e the charity h&8 ¢Dtitlement to
the funds. it is probthle that the income will be received and the amount ￿ be meLsured reliably.
Expenditure
Liabilities are reCO￿lSed &8 expenditure as soon as there is a legal or constructive obligation
mmitting the charity to that expenditure, it is prohble that a transfer of economic benefits will be
required in settlement and the amount of the obli8ation can be measured reliably. Expenditure is
Rwounted for on an accnwls basis and hgs been Cl￿SIficd under headings that aweBat¢ all cost
related to the cate81)ry. Where costs cannot be diredly attributed to Parti￿lar headin83 they have been
allocated to activities on a i*sis W￿lSt￿l with the of resour￿.
TaDglbl¢ fixed aM¢ts
Depreciation is provided at the followin8 annual rntes in order to write off C￿h tss¢t over its
¢5tima*d useful life.
Modular Buildin8
Bike equipment
Motor vehi¢les
Computer equipm¢nt
33%Strai8ht Line
25% on reducin8 balance per annum
25% on redu¢in8 balance per annum
15%oncL
Taxgtlon
The ¢harity is exernpt from ¢orpmtion lax on its chuilable Artivitie&
Fund aeeoontlng
Unrestricted funds be used An a¢Wrd￿ with the charitsbl¢ obje¢tAves at the discretion of the
Restricted funds can be oseAI for parti¢ul8r re4ricted puryx)s¢s within th¢ objects of the chArity.
Restrictions arise when Specifi￿ by the donor or wh¢n funds are raised for particular restricted
Furth¢r ¢xplanation of th¢ nature knd pwpose of ¢ath fund is included in the notes io the f￿In¢la1
statements.
Irr¢wv¢rabl¢ vat
Irrecoverable VAT is included in the Ststement of FinwKial Activities and is reported as part of the
expenditure to which it relates.
Pa8ell
¢ontinue(L..

WatB
Notes to the Flnancial Statements- contiDU
for the Year Ended 31 Dettmber 2024
DONATIONS AND LEGACILS
21n4
2023
Donations
2024
2023
WAIBUS opernting income
WATBike operatin8 income
WATBreak opeTatin8 income
800.881
125.881
640,506
121.531
271
762 308
VEsfMENf llYCOME
2023
Deposit account int¢r¢st
074
748
RAIs￿c FUNDS
Other trading aetlvhl
2024
2023
Bad debts
Loss on sale of asgets
Support
eosts (see
Dote 7)
Totals
WATBUS Activities
WATBike Activities
Support C¢)sts
WATBreak Activities
568.328
105,346
93.800
568.328
105,346
160.358
66558
834 496
Page 12
continucd..

WatBus
Notes to the ￿nancial Statements- contlnued
for the Year Ended 31 De¢emb¢r 2024
SUPPORT CO
Management
Support Co*s
NET INCOMEI(EXPENDrruRE)
Net incomel(exp¢nditure) is stated after clw8inyJ(ueditin8):
2024
2023
Depreciation. owned wets
Deficit on disposal of fixed &￿ets
93,800
71,730
TRUSTEES, REMUNEKITION AND BENEFITS
There w¢r¢ no trustees, Temunerntion or oth¢r bmxfits for the yw ¢nded 31 D￿ber 2024 nor for
the year ended 31 Decemlxr 2023.
Trust•W' ¢XP¢DM8
There were no trustees. expemes paid for th year ￿ded 31 Decemb¥ 2024 ￿)r for th year ended
31 D¢¢¢mb¢r2023.
io. STAFF COSTS
2024
2023
Wa8es and salaries
364,909
Th¢ avera8¢ monthly number of employees durin8 the yw wjs as follows:
2024
19
2023
15
Employees FIE
No employees received emoluments in excess of £60.1￿.
Pa8e 13
continued..

WatB
Notej to the TrlnaneiAI St2t¢mexts- continued
for the Y￿r Ended 31 D•c¢mb¢r 21124
11. COMPARATtVES FOR THE sfATEMENf OF FllYANCIAL ACTivfTIES
UDr¢strieted R￿n¢t¢d
fund
fund
Totsl
nds
Donations and legacies
54J63
54,563
Othv trading activities
tnvestsnent inc<)me
762,308
762.308
Total
817619
817619
Raising funds
5J47
5.347
Charitgble g¢tlvhl
WATBUS Adivities
WATBik¢ Activities
Support Costs
WATBr¢ak Activities
470223
114.885
139,177
470,223
114,885
139,177
Total
733
733 333
NET INCOME
84.286
84.286
RECONCILIATION OF FUNDS
Total fiuuts brought fonvard
330.716
26,130
356.846
FORWAIU>
Page 14

W4tBus
Notes to the Flnanelal Statements- contlnu¢d
for th¢ Y¢ar Ended 31 D￿ernber 2024
12. TANCIBLE FIXED ASSETS
Modular
Buildlng
Bike
¢qulpmont
Caravan
COST
At l January 2024
Additions
Disp05als
61,999
60,000
46,376
At 31 December 2024
DEPRECIATIOIY
At l January 2024
Charge for year
Eliminated on disposAI
61,999
15,000
15,000
39.707
1,668
At 31 December 2024
NET BOOK VALUE
At 31 D¢rember 2024
At 31 De¢￿nber 2023
Motor
v•hlel•s
Computer
equlpment
Totals
COST
At I JAnuary 2024
Additions
Di$p05als
719.979
106.726
22,091
1,877
910.445
108,603
At 31 De¢emlxr 2024
1053 347
DEPRECIATION
At l January 2024
Charge for year
Eliminatsd on disp05al
567,833
76,847
21091
285
706.630
93,800
At 31 D¢￿ber 2024
636 476
79
22 376 ￿226
NET BOOK VALUE
At 31 December 2024
261121
At 31 D￿ber 2023
152 146
203 815
Pa8¢ 15
continue(L..

WatB
Notss to the FuwieiAI Ststem¢nts- eontinued
for the Year Ended 31 D¢￿mber 2024
DEBTORS: AMOUM3 FALLING DUE W￿N ONE YEAR
2023
Trjdc debtors
VAT
epa￿ents
8.172
12J80
28
575
12,376
14. CREDITORS: Amou￿ FALLING DUE ￿T￿lI¥ ONE YEAR
2024
2023
Trade CTeAlitors
Other creditors
A￿rned expen
11.496
1,931
2.818
12.077
IS. MOVEMENf FUNIXS
N•t
movejnent
Tranif¢r•
b¢tw•en
fundj
At
31112124
Al Iiin4
Unrestrlcted funds
General fund
415.002
110.457
26,130
551.589
trfd¢d fiindl
Restricted fimd
26.130
(26.130)
110457
551589
Net movement in fu￿ included in the alx)ve are as follow&
Incomlng Resourcej Movement
Tesourc¢8 •xp¢nd•d
In fulld•
Unrestricted fundi
958.109
(847.652)
110,457
TOTAL FiiNDS
958.109
110457
Page 16

WatBus
Notes to the ￿ll￿DeRS1 StatemeRts- eontinued
for the Year Ended 31 Detember 2024
I& MOVEMENf IN FUNDS- continued
Comparatives for movement in funds
movement
In funds
At
3V12123
At In123
UDrestrleted fuDds
330.716
84.286
415,002
Restricted funds
26.130
26.130
TOTAL FUNDS
Comparative net movemcnl in fund& included in the above are as follo￿ry.
Incoming Ruollrtts Movemeot
resources e4bended
in funds
Ullrestricted funds
Genual fimd
817.619
{733 J33)
84,286
817619
733.333
A current year 12 months and prior year 12 montlL8 C￿nb]ned position is as foll
Net
ovem¢Dt
Transfers
between
nds
At
31112124
At mn3
Unrestricted funds
330.716
194.743
26.130
551.589
Restrict¢d funds
26.130
(26.130)
35
846 194.743
551.589
Page 17
ontinued..

Notes to the FIDallcfial St4tements- tontiau
for the Year Ended 31 Decemhr 21J24
I& MOVEME￿ IN FUNDS- cont5Dued
A current y¢ar 12 months and prior year 12 month5 combined net movem¢nt in fimds. included in the
above are as foll
ltscomiDg Resources Movement
resonrcej expeDd¢d
In funds
Unrestrleted funds
1.775.728 (1,580.985)
194.743
TOTAL FUNDS
I& RELATED PARTY DISCLOSURES
Trr¢ w¢r¢ no related party transa¥*ons for the year ended 31 DK¢mber 2024.
Pa8e 18

WatBus
Detail¢d Statement of W￿DelaI Aetivities
for the Year EDded 31 Deeember 2024
2024
2023
Donations and leggcles
Donations
27.031
54.563
Oth¢r tradlng actlvldes
WATBUS operating incom¢
WATBike operating income
WATBreak opernting inLI)me
800,881
125,881
640.506
121.531
271
929.004
762.308
Investment Ineome
D¢po$it arxount intexest
748
Total Incomlng resourtts
958.109
817.619
EXPENDrruiLE
Other tradlng aetlvltl¢s
Bad debts
Loss on sale of tangible fix41 assets
1,061
13.156
5,347
Charltable actlvltléj
Employee costs
WATBUS a¢tiviti
WATBike activities
WATBreak a￿1VitieS
Depreciation
364,909
165.399
54,800
3,701
181,627
45,143
464
767,938
660,539
Support eosts
Management
Rent and oth¢r office costs
Le8al and professional
Accountancy and b￿keeping
Travel and subsisten¢¢
Advertising and mark￿ing
Bank interest
40.824
5.059
4.601
6.341
8.197
1.536
39,051
5,637
5.428
5.014
10.543
66.558
67,447
This page does form ￿ of the #atthry financi￿ stst&n¢nts
Pa8e 19

WatBus
Ddalled Ststsment of ￿ela1 Aetivities
ror the Year FA￿ed 31 D￿mber 21124
2024
2023
847,652
733 333
Net income
110457
Page 20