HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 HALTON COMMUNITY TRANSPORT A COMPANY LIMtTED BY GUARANTEE TRUSTEES, REPORT AND CONSOLIDATED FINANCIAL STATEMENTS for the year ended 31st March 2025 Company Reglstration Nllmber 02884986 Charity Nun)ber 1080333
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Contents Page M¢mb¢rs of the board and professional advisers Trustees, annual report Statement of Trustees, responsibilities Independent auditors, report 8-11 Consolidated Statement of financial activities 12 Consolidated balance sheets 13 Notes to the consolidated fmancial ststem¢nts 14-25
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 Members of the Board and profe$sionAI advisors Chairman D Mashender Treasurer C Inch The board of trustses Elected Trustees C Inch D Inch M A Hodgkinson D L Mahseer J F Sheehan A Mernor (Appointed l October 2025) K L Hawitt (Appointed l October 2025) L Gibbs (Appointed l October 2025) Co•OPted Trustees (non voting) -Halton Borough Council Repre5eDtatlves H Haddock - Council Officer J Briggs- Council Officer Cllr M Fry - Councillor Company secretary M S Arnold Registered oifice 33 Ditton Road Widnes Cheshir¢ WA8 OPP Auditors Mitchell Charleswortb (Audit) Limited Chartered Accountants & Registered Auditors Glebe Business Park Lunts Heath Road Widnes Cheshire WA8 5SQ Bankers H.S.B.C Bank plc 48 High Street Runcorn Cheshire WA7 IAN
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUAILINTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 The trustees are pleased to present their rewrt together with the financial statements of the group and of the clwity for the year ¢Ted 31 st March 2025. Reference and administrative details Charity number: 1080333 Company Number: 02884986 The Members of the board and professional advisoTS infonnation set out on page I forn]s part of this report. The consolidated financial statements comply with the currenl statutory requirements, the Memorandum and Articles of Association and thc provisions of Accounting and Reporting by Charities: Statement of Recommendcd Practice applicable to charities preparing their accounts with the financial reporting standard applicable in the UK and the Republic of Ireland (FRS 102) (effective l January 2019). The directors of the charity are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. Structure* governance and managen)ent onstitulion Halton Community Transport is a company limited by guarantee governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission. tktai18 of trustees who served during the period and since thc period end are set out on page l. yanisational structure The organisational structurc consists of 2 levels: board of trustees and charity managem¢nt. The trustees are responsiblc for setting general policy, adopting an annual plan and budget, monitoring the charity by use of budget8 and making decisions about the direction of the charity, capital expenditure and senior staff appointmenl. The charity managcrnent sol¢ly comprises CEO, M S Arnold, who is responsible for clwity perforn]ance, ovcrsight of safeguarding, the use of resourccs, the development, management and operations of the group and the charAty. Members of the M¢inagement Committee elect from amongst their own number of honorary officers to include a Chalerson and Treasurer and may at any time remove or replace such officers. Officers shall serve for one year, after which they shall be eligible for re-appointlnent provided that no person serves more than five consecutive years in the same officer post. Risk Mana yement The trustccs have a risk management strategy which comprises: A review of the risks the clwity may face with The establishm¢nt of systems and procedures to mitigate those risks identified
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st IIRCH 2025 Related Parties The clwity has a 100 % 0med subsidiary Extra Mile Transy)rt Company Limited, which is incorporated in England. The principal activity of the company is the scrvicing of vehicles. training and the provision of fi1. This company was set up so that tbe charity could service its own vehicles and provide r¢vmue to assist with the running costs of the clwity. The cl]arity has a close relationship with Halton Borough Council who provides core funding to support the aims of the charity in providing safe affordable transport for elderly, disabled and vulnerable residents and community groups within Halton, Objectives and activities The Chari Commission's ceon ubli The trustees confm they have had regard to the charities commission's guidance on public benefit. The charity provides transport for disabled pcoplc and community groups in Halton. The objectives of the charity are to provide relief to the inhabitants of the Borough of Halton and its environs who have need because of age, learning or physical disability* or poverty, in particular but not so as to limit the gen¢rality of the for¢going: . to provide and maintain non-profit community transport services and to assist the charitable work of organisations and bodies engaged in the promoting and relief of such persons through the provision ofappropriate services. Achievements and perforniaDce ehievenJent8 and performanee Passenger trIp8 2024125 2023124 2022123 2021122 2020121 Dial a Ride (inc Merseylink) 52,680 41,331 33,248 23,062 5.833 ommunity Buses (inc Schools) 32,064 38,740 38,202 36,856 14,640 otal Passenger Trlps 84,744 80,071 71,540 59,918 20,473 ehicles 22 20 24 25 26 taff Employed 29 24 21 17 Is olunteer8 18 28 32 40 43 HCT has continued to thrive and are a strong and dynamic organisation, we work with our community to ty to meet their unmet transport needs and combat Transport Povety.
HALTON COMMUNITY TRANSPORT A COIVIPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 Financial review At year-end, the group has unrestricted income funds comprising general fund of £92,803 (2024: £117,416) and designated fixed asset fund of £76,149 (2024: £78,902). The group maintains cash and bank balance of £53,096 (2024: £100,116) and has net current assets of £8,257 (2024.. £46,187) at year<nd which enables us to prq)arc the fmancial statcmcnts of the group and HCT on a going concern basis. We arc unaware of any uncertainties to cause the group and HCT not to continue as a going concern. HCT has continued to demonstrate resilience and dynamisrn. dcspite this fmancial year being one of the most challenging on record. We remain committed to working closely with our community to address unmet transport needs and to combat transport povcrty. We had anticipated that a change in Government would bring an end to the period of austerily. Unfortimately, this proved not to be the case. Instead. we faced an unanticipated and unprecedented increase in National Insurance contributions which Fx)sed a genuine existential threat to HCT. Fortunately, our two main contractual partners- the Liverpool City Region Combined Authority (LCRCA) and Halton Borough Council - recognised the severity of this challenge and responded by incr¢asing contractual payments slightly, easing the immediate financial burden. This increase in National Insurance had a greater impact on HCT as a result of Ihe reduction in our volunteer base and the COespOnding growth in our paid staff team. This transition has been a natural bul unfortunate outcome of our ageing volLmteer workforce and the difficulty in recruiting replacements. During the year, two additional vehicles were brought into the fleet. One was acquired outright, following a toial insurance loss, the other as part of our ongoing fleet replenisl)ment strategy. Halton Borough Council has continued lo support HCT through its Dial-a_Ride funding, which remained at £30,315. School contracts have remained robust, with HCT op¢rating at full capacity throughout the financial year. Our relationship with Halton Borough Council continues on an "arni's length" basis, with advice and support available when requircd. We continue to deliver special educational needs transport contracts on behalf of Halton BC as part of our local value service provision, while also seeking to mcci the wider needs of the Liverpool City Region, particularly in neighbouring authorities. Our trading subsidiary, "The Extra Mile Transport Company Limited", has seen increased activity this year. Turnover continues to grow, and so too docs its contribution to HCT. We have also made further investments in the Garage to support ils growth. Extra Mile continues lo Strenen its reputation as a specialist in van and light goods vehicle serviccs, with more of our customers transitioning to Evs it is very important to secure new markcls. The consistent business we have developed in recent years remains strong, and recent investments in equipment are delivering returns. We remain focused on positioning Extra Mile for the future, which will require further investment in staff, tools, and equipment in OTdcr to stay ahcad of changing maTkct demands. Th¢ Management and Trustees remain committed to delivering high-quality community transport scrvices to the residents of Haln. The sustainability of Halton Community Transport, together with our ongoing responsibilities to customers, volunteers, and staff, remain central to all decision-making.
HALTON COMMUNITY TRANSPORT A COMPANY LIMITKD BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 The results for the year and thc group and the charity's financial position at the end of the year are shown in the attached consolidated fmancial statements. Investments powers and policy Under thc Memorandum and Articles of Associatioffj the charity has the powcr to invest in any way the trustees wish. The trustees, having regard to the liquidity rcquircmcnts of operating the charity and to the reserves policy have operated a policy of keeping available funds in an interest bearing account and seek to acbicvc a ralc of illt¢st which matcbes or exceeds inflation as measured by the retail prices index. Reserves policy It is the policy of the charity to maintain uJ]restricted funds, which are the free reserves of the charity. at a level which equates to approximately three months unrestricted expenditure. This provides sufficient fimds to cover management and athnini$tration and charitable expenditure. Unrestri¢ted funds are at an adequate level at the year cnd. The trustees actively review the major risks wbich the charity faces on a regular basis and believe that maintainÉng the free reserves at the level stated above, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions. Thc trustces havc also ¢xamin¢d other operational and business risks which the Charity faces and confm that systems have been established to mitigate the significant risks. The trustees review perfornwice, both fllwjcial and operational, ai thcir monthly meetings. Plan8 for future perlods HCT continues to work closely with the Liverpool City Region Combined Authority across the three routes we serrfice in St. Helens and South Liveryool. W¢ are pl¢ased to have 8u¢¢¢ssfully navigated the start of the LCRCA Regional Bus Franchising Pro¢ without disruption. We recognis¢, however. that the continuation of austerity measures and any further increases in taxation or National Insurance contributions could pose an cxistential threat to both the Community Transport sector and the UK economy more broadly. Rising living costs and ongoing economic challenges are already driving more people into transport povety and social isolation. Looking ahead, new contracts tbrougb Extra Mile Garage, partkcularly with Arriva North West to maintain their LGV fleet, represent an important focus for fjjture incotlle generation. These revenues will be reinvested into HCT. To nxiMise this opportunity. investment in garage infrastructure and equipment will be requirnl. Volunteers We remain deeply grateful to our volunteers, who serve as drivers, administrative staff, passenger assisL9nts, and Board Members. Despite losing scveral valued volunteers due to ill bcalth and agc-related infirniity, the volunteer team still contributed 14,816 hours to thc Halton community during the year. This equates to a social value of £260,613.44, based on the ONS 2024 Halton average hourly earnings of £17.59. This contribution is a true measure of the organisation's social value and demonstrates HCT'S continued importance to both the Halton community and the local economy.
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 ExemptioDS from dlselosure The charity is not exempt from disclosure of names of truste¢s, the charity's principal address, the nam¢ of auditor and scnior statutory auditors. Funds held a5 Custodian trustee on behalf of others The charity does not hold any fund as custodian for others. The Trustses The tsustees who served thc charity during the year were as stated on page l.
IIALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31st MARCH 2025 Auditors A resolution to re-appoint Mitchell Charlesworth (Audit) Limited as auditors for the ensuing year will be proposed at the annual general meeting in accordance with section 487(2) of the Companies Acl 2006. Registered office: Signed by order of the Trustees 33 Ditton Road Widnes Cheshire WA8 OPP M S Arnold Company secretary Approved by the trustees on
IIALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31ST MARCH 2025 Trnstees, responsibilities in relation to the consolidated financial statements The trustees (who are also the directors of Halton Community Transport for the purposcs of company law) are responsible for preparing Ihe trustees, Annual Report and the ¢onsolidated financia] statements in accordance with applicable law and United Kingdom Accounting Standards. Company law requires the trustees to preparc consolidated financial statements for each financial year, which give a true and fair view of the state of affairs of the group and the charitable company and of the incoming resources and application of resources including the income and expenditure of the group for that year. In preparing these consolidated financial statements, the trustees are requtred to: select suitable accounting policies and then apply them Consistently; observe the methods and principles in the Charities SORP 2019 (FRS 102); make judgements and accounting estimates that are reasonable and prudent. prepare the consolidaled fmancial statements on the going concern basis unless it is inappropriate to presume that the group and the charitabl¢ company will continue in operation. The truste¢s are responsible for keeping adequate accounting records thal dis¢los¢ with reasonable accuracy at any time the financial position of the group and the charitable company and enable them to ¢nsure that the consolidated fmancial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and the charitablc company and hence for tsking reasonable steps for the prevention and detection of fraud and other ieSulatie$. In so far as the trustees are aware: there 1.8 no relevant audit inforniation of which the charitable company's auditor is unaware; and the trustees havc taken all steps that they ought to have takcn to make themselves aware of any relevant audil inforniation, and to establish thai thc auditor is aware of that infornialion.
Mitchell Charlesworth (Audit) Limited Chartered Accountants Glebe Business Parf( Lunts Heath Road Widnes Cheshire IIALTON COMMUNrrY TRANSPORT LIMITED A COMPANY LIMtTED BY GUARANTEE Independent Auditor's Report to the Members ol Halton Communlty Transport Lnted Year ended 31 March 2025 Opinion W¢ hav¢ audited the consolidated financial statements of Hakon CommunAty Transport Limited (the 'charity') and its subsidiaries (the 'group') for the year ended 31 March 2025 which comprise the consolidated statement of financial activities, the consolidated balance sheets and notes to the accounts, including significant accounting policies. The financial reporting framework that has been applied in their prq)aration is applicable law and United Kingdom Accounting Siandards, including Financial Reporting Standard 102 The Financiul Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practiix) and the Charities SORP 2019. In our opinion the consolidated fmancial statem¢nts; give a true and fair view of the stst¢ of the group's and charity's affairs as at 31 March 2025, and of the group's incoming resources and appli¢ation of resources, including its income and expendilure, for the year then ende. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; have been prepared in accordance with the requirements of the Companies Act 2006, and have been prepared in accordance with the Charities SORP 2019. Basis for opinion We conducted our audii in a¢¢ordanc¢ with Int¢rnational Standards on Auditing (UK) (ISAS IUK)) alld applicable law. Our spOnsIbl11t]es under thos¢ standards are further described in the Auditor's r¢sponsibilities for the audit of the consolidated financial statements section of our report. We are independent of the group and charity in accordance with the ethical requiremcnts that r¢levant to our audit of the consolidated financial statements in the UK, including the FRC'S Ethic Stsndard, and we have fulfilled our other ethical responsibilities in accordance with thc5e requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provid¢ a basis for our opinion. Conclusions relating to going concern Tn auditing the consolidated financial statements, we have concluded that the trustees use of the going concern basis of accounting in the preparation of the consolidated fmancial statements is appropriate. Based on the work we have perforn]ed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's or charity's ability to continue as a going concern for a period of at least twelve months from when the consolidated financial stalcments are authorised for issue. Our respx)nsibilitics and the responsibilities of the trnstees with respect to going concern are descnl)ed in the relevant sections of this rew)rt.
Other inforniatioll The other inforn)ation comprises the inforniation included in the trustees. annual report other than the consolidated financial statements and our auditor's report thereon. The trustees are responsible for the other inforniation contained within the annual report. Our opinion on the consolidaied financial statements does not cover the other inforniation and, except to the extcnt othcrwise explicitly stated in our report, wc do not express any forn] of assurance conclusion thereon. Our responsibility is to read the other inforniation and, in doing so, consider whether the other inforniation is materially inconsistent with the consolidated financial statements or our knowledge obtained in the COUTSC of the audit, or oth¢rwis¢ app¢ars to bc materially misstatcd. If we identify such material inconsistencies or apparent material misstatements, we are required to detern]ine whether this gives rise to a material misstatement in the consolidated financial statements or a material misstatement of the other inforniation. If, b&sed on thc work we have perfornied, we conclude that there 18 a material misstatement of this other infonnation, we are Tequired to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by Ihe Companles Act 2006 In our opiniory based on the work undcrtaken in the course of the audit: the inforn]ation given in the trustees, report for the financial year for which the consolidated financial statements are prepared is consistent wilh the consolidated financial statements,. and the trustees, report has been prepared in ac¢ordanc¢ with applicable legal requirement$ Matters on whlcb we are required to report by exceptlon In the light of the knowledge and understanding of the group and charity and its environment oknained in the course of the auth't, we have not identified material misstatements in the trustees, report. We have nothing to rq)ort in respect of the following matters in relation to which tELe Companies Act 2006 requir¢8 us to report to you if, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us,. or the consolidated financial statements are not in agreement with the a¢¢ounting records and returns. or certain disolosures of trustees, remuneration specified by law are not made, or we have not received all the infonnation and explanations we require for our audit; or the trustces wcrc not entitled to prepare the consolidated financial statements in accordance with the small companies regime and take advantage of the small companics cxemption from the requirement to prepare a strategic report. Responslbllltles of trustees As explaincd MO fully in the trustees, responsibilities statement, the trustees (who are also the directors of the clwitable company for the purposes of company law) are responsiblc for the preparation of the consolidated financial statements and for being satisfied that they give a true and fair view, and for such inten1 control as the trustees detern]ine is necessary to enable the preparation of consolidated fllknqncial statements that are free from material misslalement, whether due to fraud or error. In preparing the consolidated financial statements, the trustees are responsible for assessing the group's and charity's &bility to continu¢ as a going concern. disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unle88 thc trustces cither intend to liquidate the group or the charity or to cease operdlions, or havc no rcali5tic altcrnativc but to do so. 10
Auditor's responsibilities for the audit of the consolldated finAneial statements Our objectives are to obtain reasonable assurance about whether the consolidated fmancial statements as a whole are free from matcrial misstatemenL whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of asswance but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatwncnts can arise from fraud or error and are considered material if. individually or in th¢ aggregate. they could rcasonably be expccted to influencethe economic decisions of users taken onthe basis of these consolidated financial statements. Th¢ to which our prOdureS are capable of dete¢ting igularitieS, including fraud, is detsiled below. Extent to whlch the audlt was considered capable of detecting irregularlties, Including fraud We identify and assess the risks of D]aterial misstatement of the consolidated financial statements, whether due to fraud or error, and then design and fOrnI audit procedures responsive to those risks. including obtsining audit cvidence that is sufficient and appropriate to provide a basis for our opinion. Identifying and assesslng potendal rlsks related to trregularltles In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non- Compliance with laws and regulations, we considered the following: the natLir¢ of the industry and sector, control environment and business perfomjance. the charity's own assessment of the risks that irregularities may occur either as a result of fraud or error. the results of our enquiries of management about their own identification and assessment of the risks and irregularities; any matters we identified having obtained and reviewed the companies documentation of their policies and procedures relating to: identifying, evaluating and complying with laws and regulations and whether they were awa of any instances of non-compliance; detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud. the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations. and the matters discussed among the audit engagement team regarding how and where fraud might occur in the eon801idated financial statements and any potential indicators of fraud. As a result of these procedures, we considered the opportwiities and incentives that may exist within the Charity for fraud and identified the greatest potential for fraud in th¢ following areas: (i) The presentation of the charity's statement of financial activities. and (li) the charity's accounting policy for revenue recognition,. In common with all audits under ISAS (UK), we are a180 required to perforn] 5peLific procedures to respond to the risk of management override. We also obtained an understanding of the legal and regulatory framewo that the company operates in, focusing on provisions of those laws and regulations that had a direct effect on the deterniination of material amounts and disclosurcs in the consolidated financial statements. The key law8 and regulations we considered in this context included: the Companies Act 2006 and Charities SORP 2019. In addition, we considered provisions of other laws and regulations ihat do not have a direct effect on the financial statements but compliance with which may be fundamentsl to the academy's ability to operate or to avoid a nterial penalty. This includes regulations concerning Data Protection and Safeguarding.
Audit response to rlsks identified As a result of perforniing the above, we identified income recognition, override of controls and adherence to laws and regulations as the key audit matters related to the potential risk of fraud. Our procedures to rcspond to risks idcntificd included enquiry of management, those charged with governance around actual and wtenttal litigation and claims, revicwing. reviewing consolidated fmancial statements disclosures and testing to supporting documentation to assess compliance with relevant laws and regulations described abovc as having a direct effect on the consolidated fmancial statemcnts, perforniing analytic procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement duc to fraud and in addressing thc risk of fraud through managem¢nt override of controls, testing the appropriateness of journal entries and other adjustments" assessing whether the judgements made in Tnakmg accounting estimates are indicative of a potential bi&8. and evaluating the business rationale of any significant transactions that are unusual or outside the nornial course of business. We also communicated relevant identified laws and Tcgulations and potential fraud risks to all engagement tea members and remained alert to any indications of fraud or non-complianc¢ with laws and regulations throughout the audit. A further description of our responsibilities for th¢ audit of the consolidated fmancial statements is located on the Financial Reporting Council'5 website at: wivw.fr¢.org.uk/auditorsresponsibilities. This description fornis part of our auditor's report. Use of our report This report is made solely to the charity's membws, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that wc might state to the charitable company's members those matters we are required to state to them in an auditor's report and for no other pury)ose. To the fullesl extent pennitted by law, we do not accept or assume responsibilily to anyone other than the charity and the charity's members as a l)ody, for our audit work, for this reporL or for the opinions we have fornied. Glebe Business Park Lunls Heath Road Widnes Cheshirc WA8 5SQ Robert Davies F. C. A. (Senior Statutory Auditor) MITCHELL CHARLESWORTH (AUDIT) LIMITED Accountants ststutory Auditor 12
ALTON COMMUNITY IRANSPORT A COMPANY LJMITED BY GUARANTEE ConsolidAted Statement of Financlal Activities (including income And expenditure account) Year ended 31° MAreh 2025 Total Funds Year to 31" March 2025 Total Funds Yearto 31" March 2024 Ullrestrlcted Funds Restrficted Fullds Note Incomlng resources Incoming resourcesfrom generatedfunds Activiliesfor generatingfynds Commercial trading operations Other income 177J80 1,161 177?80 1,161 146,461 Investment income 221 178,762 221 178,762 206 146,667 Jncomlng resoureesfrom eharitable aetivities.. Operation of transport servi¢es Total Incomlng resources Resources expended Costs ofgeneratlngfunds.. Commercial trading operations Investment management costs 889 222 J 067 984 889 222 1067 984 56,075 56,075 50.946 Sub total cost of generating funds Charitable 4ctivitles; Operation of transport services 58,836 38,836 57,095 1,023,832 1,023,832 960,805 Governance eosts TaKa¢lon Total resources expended Net outgoing resources before transfers Gross tTh2nsfers between fLU]ds Net movement in funds 10 15 12,682 12,682 11,117 1095 350 1031448 (27J66) (27J66) (43,820) (27J66) (27,366) (43,820) Reconelliatlon of funds Total fw]ds brought forward 196 196 240 138 Total fLmd8 carried forward 168 952 168 952 196 The group has no reColS¢d gains or losses other than the results for the year as set out above. There were no acquisitions in the current or previous year, and all of the activities of the group are classed as continuing. 13
IIALTON COMMUNITY TRANSPORT A COMPANY LIMED BY GUARANTEE Consolidated Balallce sheet Group Charity 31st March 31" March 31"Marcb 31" March 2025 2024 2025 2024 Fixed assets Tangible assets Investment 16 17 186J04 193.484 186J04 193,484 186J04 193,484 186J05 193,485 Current assets Stocks Debtors Cash at bank and in hand 18 19 3,611 65,174 53,096 3,611 42,458 100,116 3,611 58,273 48,131 3,611 42.458 90.996 121,881 146,185 110,015 137,065 Creditors: Amounts falling due witbAn one year 20 J13624 101759 90 Net current assets Total assets less current Ilabllltles 194,561 301,235 194,561 201,670 Creditors: Amounts falllng due After more than one year 21 Net assets 168 952 196 168 952 196318 The funds of the group and the charlty Restricled income funds Unrestricted incom¢ funds Gcneral fimd Designated fixed asset fund Total funds 92,803 117,416 92,803 117.416 22 196 318 168 952 The consolidated financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicabl¢ to companies subject to the small companies, regime. These consolidated financial statements were approved by the members of the committee and authorised for and ar¢ signcd on thcir bchalf by., M Arnold Company secretary and CEO 14
l. Aceountlng Polldes BASIS of Preparation and Consolidation The consolidated fmancial statements have been prepared underthe historical cost convelltion. The consolidated financial slatements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicablc in the UK and Republic of Ireland" ("FRS102"}, "Accounting and Reporting by Charities" the Statement of Recommended Practice for Charities applying FRS102, the Compani¢s Act 26 and UK Generally Accepted Accounting Practice as it applies from I January 2019. Halton Community Transport is a Public Benefit Entity as defmed by FRSI 02. The principal accounting policies adopted in the prepardtion of the consolidatcd financial statements are Set out below. These consolidated financial statements consolidate the assets, liabilities, income resources and resources expended of the charity and its wholly owned subsidiary Extra Mile Transport Company Limited (hereafter collectively refeed to as the 'group') on a line-by-line basis and all intra-group transactions balances, income and expenses are eliminated on consolidation. A separdte siatement of financial activities and income and expenditure account are not presented for the chariiy Itlf following the exemptions afford by s¢¢tion 408 of th¢ Companies Act 2006. GoiDg ¢on¢ern At tbe time of approving the consolidated fu1claI statements, the tNstees have a reasonable expectstion that the company has ad¢quate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the consolidated fmancial statements. Strdtement of Ca8h Flow8 The Inistees have taken advantage of the provisions in the SORP for charities applying FRS102 Updatc Bulletin I not to prepar¢ a stat¢m¢nt of cash flows. Incomlng re8ouree8 Voluntary income including donations, gifts and grants that provide core funding or are of a general naturc arc recognised where there is entitlcment, certainty of receipt and thc amount can bc measured with sufficient reliability. Such income is only deferred when: The donor specifies that tbe grant or donation must only be used in future accounting periods: or The donor has imposed conditions which must be met before the group has unconditional entitlemcnt. Income from commercial trading activities is recognised on a recoverable basis. Incomc from charitable activitics includcs income received under contract or where entitlemcnt to grant funding is subject to specific pcrfomance conditions and is recognised &9 carned (as the related goods or services a provided). Grant income includcd in this category providcs funding to support provision of specific transport services and is recognised where there is entitlem¢nt, certainty of receipt and the amount can be measured with sufficient reliability. 15
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the Consolidated flnaneial statements Volunteers and donated services and facilities The valu¢ of services provided by volunteers is not incorporated into these consolidated financial statements. Further dctails of the contribution made by volunteers can be found in the trustee's annual rq)ort. Resources expended Expenditure is recognised when a liability is incurred. Contraclual arrangements and perfonnance related grants are recognised as goods or services are supplied. Other grant pa>inents are rccognised when a constrnctive obligation arises that result in the payment being unavoidable. Costs of generating funds are those costs incurred in attracting voluntary income, and those Incued in trnding activities that raise fLmds. Charitable activities include expenditure associated with the provision of transport services. Governance cosls include those incurred in thc governance of the group and its assets and are primarily associated with constitutional and statutory requirements. Support costs include central fLm¢tions and have been allocated to activity cost categories on a basis consistent with the use of resources. Tanglble fixed assets Individual fixed assets costing £100 or more are capitalised at cost. Tangible fixed assets are depreciated on a straight linc basis over their estimated useful lives as follows: Asset category Freehold Property Fixtures, Fittings & Equipment Motor Vehicles Annual rate 150/0 20% Investment Investmcnt is initially measured at transaction price excluding transaction Costs, and is subsequently measured at fair value at each rq)orting date. Changes in fair value are recognised in nel income/(expenditure) for the year. Transaction costs are expensed as incurred. A subsidiary is an entity controlled by the Halton Community Transport. Control is the power to govern the financial and operating policies of the entity so as to obtain bencfits from its activities. Impairnjent of fixed assets At each reporting end date, the Halton Community Transport reviews the carrying amounts of its tangible assets to dctcnnine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recovcrdblc amount of the asset is estimaied in order to deterniine the cxtent of the impairnient loss (if any). Stock Stock is included at the lower of cost or net realisable value. 16
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the ConsolRdated financlal statements Provislon Provisions are recognised when the group and the charity have an obligation at the rq)orting date as a result of a past event which it is probable will result in the transfrr of economic benefits and the obligation can be estimated reliably. Provisions are measured at the best ¢stimatc of the amounts rcquired to settle the obligation. Where the effect of th¢ time value of money is terial. the provision is based on the prescnt value of those amounts. discounted at the discount rate that reflccts the risks specific to th¢ liability. The unwinding of the discount is recognised within interest payable and similar charges. Funds structure The group has a number of restricted income funds to account for situations where a donor requires that a donation must be spent on a particular purpose or where funds have been raised for a specific purpose. All other funds are unrestricted income funds. These are available for use at the trustee's discretion in filltherance of the general objectiV¢8 of the group. Included within the Unrestrict funds are designated ftmds which are fund8 that have been set aside for specific purposes. PensioD e08t8 The group operates a defined contribution scheme for the benefit of its employees. The costs of contributions ar¢ written off against profits in the ye&r they are payable. Flnance aDd operatlng lease8 Wher¢ the group enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a fmance lease. The asset is recorded in the balance sheet as a tangibl¢ fixed asset and is depreciated in accordance with the above depreciation policies. Future insta]ments under such leases, nct of finance charges are included within creditorJ. Rentals payable are apportioned between the finance element, which is charged to the SOFA on a straight line basis and the capital elemcnt which reduces the outstanding obligation for future instalments. Rcntals under operating leases are charged on a straight-line basis over the lease tenn. FlnAncial instruments Financial instruments are classified and accounted for, according to the substance of the contractual aningement, as financial assets, financial liabilitics or cquity instnunents. An equity instrument is any contract that cvidcnces a residual int¢rest in the assets of the company after deducting all of its liabilitics. Grants recelvable Grants receivable are included on an accnlS basis. 17
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the Consolldated fjnancial statements 2. Judgements and key sources of estimation uDcertalnty In the application of the wup's and the charity's accounting policies, the trustecs are required to make judgeLncnts, estimates and assumptions about the canying amount of asscts and liabilities that are not readily apparcnt from othw sources. The estimates and associated assumptions are based on historical expcrience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the tEvision and fijture periods where the revision affects both Current and future periods. 3. Legal status of the charlty The charity is a company limited by guarantee and has no share capital. The members of the company are the trustees named on page l. The liability of each member in the event of winding UP 15 limited to £1. 4. Financtal activities of the charlty The financial activities shown in the consolidated statement includes those of the charity's wholly owned subsidiary, Extra Mile Transport Company Limited. A summary of thc financial a¢iivities undertaken by the charity is set out below: 2025 2024 Gross incojJ]iDg resources Total expenditure on charitable activities 1,006274 915,024 1033 640 {27J66) 196 318 168 952 Net incominW(outgolng) resources Total funds brought forward Totydl fund8 efirried forward 969 161 (54.137) 250 455 196318 Represented by: Restricted income funds Unrestricted income funds 168 952 196 318 18
HALTON COMMUMTY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the Consolldated financial statements S. Incomillg resources from activities for generating fund8 The wholly owned trading subsidiary Extra Mile Transport Company Limited, which is incoTporated in the United Kingdon], pays all of its profits to the charity by way of donation. The subsidiary is used for Don-primary trading puOseS. The trading results of the subsidiary are SUMnsed below. 2025 2024 Turnover Other income Cost of sa]es and adMIntratIon costs Net proflt Amount gift aiikd to ¢lwity Taxation Interest r¢¢eiv Absorbed by subsid 177,380 1,161 146.461 116,831 (116,845) 84,084 (73,781) 14 14 The assets and llabllltles of the $ub8idiary were: Fixed assets Current assets Current liabilities Total net assets 13,628 14,023 Aggregate share capital and re8erYe8 The above rcsults include the trade with Halton Community Transport. Cost of sales includes expenditure incurred by Halton Community Transport on behalf of Extra Mile Transport Company Limited of £nil (2024: £nil). A balance of £1.762 was due from Extra Mile Transport Company Limited at the year end from Halton Community Transport. {2024: £4,903 due to Extra Mile Transport by Halton Community Transport). 6. Investment Income All of th¢ group's investment income arises from an interest bearing deposit account. 19
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the Consolidated fancIal statements 7. Incoming resources from charitable aclivfitles The income was primarily from th¢ operation of the transport services. Unrestrlcted Restricted Total funds Tolal funds funds funds 2025 2024 Grants Fares Donations Council contracts Mersey link Other incomc Profit on disposal of fixed assets 84,260 79,938 260 334,644 346,085 2,035 84,260 79,938 260 334,644 346,085 2,035 48,510 90,268 307,446 385,388 4,149 889 222 889 222 840 961 Costs of charitable actlvities by fund type Unrestricted Restrleted Total Funds Totsl Funds Funds Funds 2025 2024 Direct charitable activity Support costs 927,889 95,943 927,889 95,943 859,472 101,333 1,023,832 1,023,832 960,805 Costs of chvaritable actlvlti¢$ by activity type Actlvlties undertaken dlrectly Support Total Funds Totsl Funds costs 2025 2024 Direct charitable activity 927,889 95,943 1,023,832 960,805 10. Governance Costs Unrestrlcted Restrieted Total Funds Total Funds Funds Funds 2025 2024 Audit and accountancy 12,682 12,682 11,117 11. Trustees, emoluments None of the trustees (or any persons connected with them) received any r¢muneration or benefits from the group and the cljarity during the ycar (2024: £nil). 20
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTE Notes to the Consolidated fmanclal statements 12. Analysis of staff costs 2025 2024 Salaries and wages Social security costs Pension costs 621,056 49,810 519,957 43,862 574111 No employee received remuneration of more than £60,000. The group contiibutes to a personal pension plan on IKhalf of it8 employees. No contributions were payable to the fund at 3 1st March 2025 (2024: £Nil). 13. Staff numbers The average number of full-time equivalent employees (including casual and part time staffj duiing the ycar w&8 as follows: 2025 Number 25 2024 Number 22 Charitable activities Management and administration 27 24 14. Movement In total funds for the yevar 2025 2024 This is stated after charging: Depreciation of owned fixed assets Depreciation of fixed assets held under bire purchase agreements Auditor's remuneration: External audit Other audit services Other servic¢8 21,110 23,700 65,110 23.700 12,682 1,960 11,117 1,850 15. Taxatk)D The cllarity is a rcgistcrcd ChltY and no provision is considered necessary for tsxation. The trading subsidiary has a cory)oration t&K liability of £Nil (2024 - £2,431). 2025 2024 Current tax 21
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY CUAII4NTEE Notes to the Consolidated fmancial statements IS. Taxation (coDtined) ReconciliatioD of effective tax rate 2025 2024 Total r¢sources expended before taxation (27,366) (42,820) Expected tax based on the standard rate of tax in the UK 25 0/0 (2024 .19 0/0) Tax exempt charitsble activities Remeasuremenl of deferred tax for changes in tax rates Movement in deferred tax not recognised Total tax expense included In profit or1088 (6.842) (8,326) 6,842 10,748 (3) 12 2.431 16. Tangible fixed a$$ets - group Fixtures, Freehold Fittings & Property Equlpment Motor Vehicles Total Cost At I st April 2024 Additions Disposals At 31st March 2025 158,437 124,964 3,130 763,604 34,500 1,047,(J)5 37.630 158 437 128 094 Deprecfation At I st April 2024 Charge for the year Released on disposals At 31st March 2025 67,872 3,167 115,320 3,886 670,329 37,757 853,521 44,810 119 206 631529 821774 Net book value At 31st March 2025 At 31 st March 2024 87 186 304 193 484 22
HALTON COMMUNrrY TRANSPORT A COMPANY LIMrrED BY GUARANTEE Notes to the Consolidated fmaneial statements 16 Tangible fixed assets- ChArity (continued) Freehold Fittings & Property Equlpment Motor Vehicle$ Totsl Cost At I st April 2024 Additions Disposals At 31st March 2025 158.437 109.958 3,130 763,604 34,500 1,031,999 37,630 158 437 113 088 721547 993 072 Depreciation At I st April 2024 Charge for the year Released on disposals At 31" March 2025 67,872 3,167 100,314 3,886 670.329 37.757 838,515 44,810 631 104 200 29 Net book value At 31st March 2025 At 31 st March 2024 87 186 The net book value of assets held on hire purchase at thc year cnd was £63,400 (2024: £87,100) and the deprlatIOn charge for the year was £23,700 (2024.. £25.333). 17 1Dvestment- Charity 2025 2024 Cost At 31 st March 2024, 1 April 2024 and 31 sl March 2025 Carrylng amount At 31 st March 2024, 1 April 2024 and 31st March 2025 Details of the Halton Community Transport's subsidiary at 31 March 2025 are as follows: Class of /0 of directly Nature of business shares held held Name of undertaking Registered office Extra Milc Transport 33 Ditton Road Company Limiied Widnes, Cheshire WA8 OPP Vehicle repairs Ordinary and maintenance Share and provision of fucl 23
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notss to the Consolldated fmallcial statements 18. Stocks Group 2025 Charity 2025 2024 2024 Stocks 19. Debtors Group 2025 Charity 2025 2024 2024 Trade dcbtors Amounts due from subsidiary Other debtors 47,165 35,228 38,502 1,762 35,228 20. Creditors: amounts falllng due wlthln one year Group 2025 Charity 2025 2024 2024 Trade creditors Corporation tax Other taxes and social security costs Amounts due to subsidiary Hire purchasc agreements Other ¢r¢ditors and accruals 3,750 6.132 2,431 16,937 IQ691 13,071 11,478 4,903 17,744 754 17,744 17,744 17,744 113 624 101759 Hire purchase agreements disclosed under creditors falling due within one year are secured against the assets to which they relatc. 21. Creditors: amounts falling due after more than one year Group 2025 Charlty 2025 2024 2024 Hire purchas¢ agreements There are no amounts falling due in more than five years in respect of hire purchasc agreements. Hire purchase agreements disclosed under creditors falling due aftcr more than one year are secured against the assets to which they relate. 24
HALTON COMMUNITY TRANSPORT A COMPANY LIMITED BY GUARANTEE Notes to the Consolldatsd fanCIal ststements 22. Anftlysls of eharitable fund8 Analysls of unrestrlcted fund movements Group Fund at 31" March 2024 Ineoming Resources resourees expended Transfers Fund at 31 March 2025 General fLmd Dcsignatd f¢d asset fund Total 117,416 1,006,274 (1,030,887) 92,803 196 1033 640 18 1006274 L J68 952 Group Fund at 31" March 2023 Incoming Resources re$ourees expended Transfers Fund At 31" March 2024 General fund Designated fixed asset fid Total 158,483 987,628 (1,028,695) 117,416 240 138 987 628 1031448 Fixed xs8et fund (Restrlctsd) This fund represents the outstanding grant contributions towards fixed assets which have not yet been spent by th¢ group. Designated flxed asset fund (Unrestrlcted) This fimd rcprc5cnts the net book value of the proportion of the vehicles and equipment that was met by grant funding. This fLmd is reduced annually by the related depreciation. Transfers Transfers between funds primarily rcprescnt red &88¢ts purchased from restricted fLmds where the acquisition of the fixed assets has discharged the restriction and thc assets are transferred to unrestricted fLmds. Previously the fixed assets were held in restrictcd funds until llY depr¢ciated. 25
HALTON COMMUNITY TRANSPORT A COMPANY LImITD BY GUARANTEE Notes to the Consolidated financial statements 23. Analysis of group net assets between funds tb As at 31 Marcb 2025 Deslgnated Fixed Asset Fund Restricted Income FvDds General Fund Total Tangiblc fixed assets Cash at bank and in hand Other net current liabilities Creditors of more than one year 110,155 53,096 (44,839) 76,149 186J04 53,096 (44,839) th As at 31 March 2024 De8ignated Flxed Asset Fund Restricted Income Funds Gener21 Fund Total Tangible fixed assets Cash at bank and in hand Other net current assets Creditors of more than one year 114,582 100,116 (53,929) 78,902 193,484 100,116 (53,929) 43 53 90 26