Company registration number: 03961606
Charity registration number: 1082544
TRIP Community Transport Association
(A company limited by guarantee)
Annual Report and Financial Statements
for the Year Ended 31 March 2025
WESTCOTTS
CHABTSINDSS COVERSTS
ADVISERS

TRIP Community Transport Association
Contents
Reference and Administrative Details
Trustees' Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
.-
1
2 to 5
6
7
8 to 9
10 to 24

TRIP Community Transport Association
Reference and Administrative Details
Chairman
Ms M Newman
Trustees
Mr S M Brownridge
Ms M Newman
Mr M Harwood
Mrs VF Royle
Mr A G Antoniou
Ms J Flaherty
Mr D Barrow
Secretary
Mrs C Barrow
Charity Registration Number
1082544
Company Registration Number 03961606
Registered Office
Independent Examiner
The charity is incorporated in England and Wales
The Annex, Honiton Surgery
Marlpits Lane
Honiton
Devon
EX14 2NY
Westcotts (SW) LLP
Independent examiner
Queens House
42-44 New Street
Honiton
Devon
EX14 1BJ
Page 1

TRIP Community Transport Association
Trustees' Report
The trustees, who are directors for the purposes of company law, present the annual report together
with the financial statements of the charitable company for the year ended 31 March 2025.
Objectives and activities
The principal activity of the company was that of providing non-profit community transport services.
The objects of the charity shall be to provide transport and transport information, a befriending service
offering advocacy, advice and information and community based activities including the provision of
social care to the residents of Devon with particular focus on Honiton and its surrounding parishes
who have a need because of age, mental or physical disability, or poverty, and in particular but not as
to limit the generality of the foregoing:
(a) to provide non-profit community transport services:
(b) to assist the charitable work of organisations and bodies engaged in promoting the relief of such
persons through the provision of appropriate service: and
(c) to ensure, to the best of our abilities, that the transport, mobility need and associated support
service requirements of the elderly, frail, disabled, socially excluded and rurally isolated, located in the
area of benefit, to obtain health and social care are met.
Public benefit
The trustees confirm that they have complied with the requirements of section 17 of the Charities Act
2011 to have due regard to the public benefit guidance published by the Charity Commission for
England and Wales
Achievements and performance
There has been great improvement this past financial year in managing our finances.
Through economies of scale as well as attending outdoor events turnover was substantially increased
from £254,049 in 2024 to an increased amount of £378,967, an increase in revenue of 47%.
Our policy of seeking economies of scale has achieved results which have stopped the annual losses
that we had experienced.
The charity is currently on a not-for-profit basis with income and expenditure tracking each other
closely.
Our staff and volunteers remain
our main asset with staff working under some trying times and
volunteers rising to the challenges of the needs of the community for access to transport for various
medical and social journeys.
We are also backed by County, Local and Parish councils who without their continued support of the
Devon communities allows the whole operation to be viable enough to continue with the services
needed by communities and individuals within them.
Page 2

TRIP Community Transport Association
Trustees' Report
Financial review
During the year the charity received income of E378,967 (2024: £254,049) and incurred expenditure
of £366,347 (2024: £314,150) resulting in a surplus for the year of £12,620 (2024: deficit £60, 101).
Reserves carried forward at the year end totalled £119,147 (2024: E106,527).
Policy on reserves
The Trustees aim to ensure that the equivalent of a minimum of 25% of the charity's annual running
costs are available via its "Free Reserves" which are £52,350 (2024: £33,528). Total expenditure in
the year was approximately £366,000, (2024: E314,000).
Should reserves fall (or indicate that they may fall below 25% the trustees will prioritise efficiency
savings and fundraising to ensure that the minimum levels are met.
Should the charity's reserves exceed 35% of the annual running costs, the Trustees will consider the
priorities for the charity and invest such additional reserves for the benefit of its beneficiaries.
Plans for future periods
We will start a co-ordinated effort to seek funding to maintain our services within the East Devon
areas.
Since the takeover of the Axe Valley Ring and Ride Charity we have managed to integrate the
services into one with all residents having access to our services.
We will continue along the same path as the previous year managing cashflows and seeking revenue
streams that meet the challenges of the charity as well as keeping the long tradition of "service to our
communities".
Structure, governance and management
Nature of governing document
The organisation is a charitable company limited by guarantee (No. 039611606), incorporated on 31
March 2000.
The charity is registered with the Charity Commission (No. 1082544) and its principal address is The
Annex, Honiton Surgery, Marlpits Lane, Honiton, Devon, EX14 2NY.
The company was
established under a Memorandum of Association dated 31 March 2000, as
amended by a special resolution dated 2 June 2006, that established the objects and powers of the
charitable company and is governed under its Articles of Association.
Page 3

TRIP Community Transport Association
Trustees' Report
Recruitment and appointment of trustees
The charity is managed by a management committee who shall be Charity Trustees within the
meaning of the Charities Act. The committee consists of no less than 6 members or more than 15
members, which include honorary officers (the charity's trustees).
The committee may in addition appoint not more than 5 co-opted members providing that the number
of co-opted members shall not exceed one third of the total membership of the committee. Co-opted
members shall not hold their office until the following AGM.
The committee may invite any person to attend its meetings as an observer but without the power to
vote.
All committee members, including officers shall retire annually and be eligible for re-election at the
AGM.
Nobody shall be appointed as a member of the committee who is under 18 years of age or whose
appointment would be disqualified under the provision of the following clause. No persons shall be
entitled to act as a member of the committee until after signing a declaration of acceptance of
willingness to act in the trusts of the charity.
Statement of trustees' responsibilities
The trustees (who are also the directors of TRIP Community Transport Association for the purposes
of company law) are responsible for preparing the trustees' report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland".
Company law requires the trustees to prepare financial statements for each financial year. Under
company law the trustees must not approve the financial statements unless they are satisfied that
they give a true and fair view of the state of affairs of the charitable company and of the incoming
resources and application of resources, including its income and expenditure, of the charitable
company for that period. In preparing these financial statements, the trustees are required to:
• select suitable accounting policies and apply them consistently;
• observe the methods and principles in the Charities SORP;
• make judgements and estimates that are reasonable and prudent;
• state whether applicable accounting standards, comprising FRS 102 have been followed, subject
to any material departures disclosed and explained in the financial statements; and
• prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records that can disclose with reasonable
accuracy at any time the financial position of the charitable company and enable them to ensure that
the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial
information included on the charitable company's website. Legislation governing the preparation and
dissemination of financial statements may differ from legislation in other jurisdictions.
Page 4

TRIP Community Transport Association
Trustees' Report
The annual report was approved by the trustees
behalf by:
of the charity on 30/9/25 and signed on its
M Neumon
Ms M Newman
Chairman and trustee
.4.....
Mr D-Barrow
Trustee
STEVE BROWN RIDGE
Page 5

TRIP Community Transport Association
Independent Examiner's Report to the trustees of TRIP Community Transport
Association ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended
31 March 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 accounts in accordance with the requirements of the
Companies Act 2006 (the 2006 Act').
Having satisfied myself that the accounts of the Company 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 accounts 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
Since the Company's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that 1 am qualified to undertake the examination
because I am a member of Westcotts (SW) LLP, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to believe:
1. accounting records were not kept in respect of TRIP Community Transport Association as
required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act
other than any requirement that the accounts give a true and fair view which is not a matter
considered as part of an independent examination; or
4. the accounts 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
accounts to be reached.
Mr N Smy ACA
Independent examiner
Westcotts (SW) LLP
Queens House
42-44 New Street
Honiton
Devon
EX14 1BJ
Date: 09l12125
Page 6

TRIP Community Transport Association
Statement of Financial Activities for the Year Ended 31 March 2025
(Including Income and Expenditure Account and Statement of Total
Recognised Gains and Losses)
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investment income
Note
3
4
5
6
Other income
Total income
Expenditure on:
Raising funds
Charitable activities
8
9
Total expenditure
Net income/(expenditure)
Transfers between funds
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
22
Unrestricted
funds
€
183,702
152,217
42,332
616
(84)
378,783
(40,901)
(300,358)
(341,259)
37,524
(27,534)
9,990
Restricted
funds
184
184
(25,088)
(25,088)
(24,904)
27,534
2,630
Total
2025
183,886
152,217
42,332
616
(84)
378,967
(40,901)
(325,446)
(366,347)
12,620
12,620
89,687
99,677
16,840
19,470
106,527
119,147
All of the charity's activities derive from continuing operations during the above two periods.
The funds breakdown for 2024 is shown in note 22.
Total
2024
E
90,640
139,943
15,350
671
7,445
254,049
(18,208)
(295,942)
(314,150)
(60,101)
(60,101)
166,628
106,527
The notes on pages 10 to 24 form an integral part of these financial statements.
Page 7

TRIP Community Transport Association
(Registration number: 03961606)
Balance Sheet as at 31 March 2025
2025
Note
2024
E
Fixed assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
16
80,691
60,070
17
18
19
Creditors: Amounts falling due within one year
Net current assets
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
Unrestricted income funds
Unrestricted funds
Total funds
20
9,719
4,846
48,834
63,399
(24,943)
38,456
-
119,147
3,600
31,684
22,912
58,196
(11,739)
46,457
106,527
19,470
16,840
99,677
119,147
89,687
106,527
For the financial year ending 31 March 2025 the charity was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• question has bran cot reseed n8, arity to obtain an audit of is accounts for the year in
• The directors acknowledge their responsibilities for complying with the requirements of the Act with
respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the special provisions relating to
companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The notes on pages 10 to 24 form an integral part of these financial statements.
Page 8

TRIP Community Transport Association
(Registration number: 03961606)
Balance Sheet as at 31 March 2025
The financial statements on pages 7 to 24 were approved by the trustees, and authorised for issue on
3alalos and signed on their behalf by:
Me Neuma
Ms M Newman
Chairman and trustee
Trustee
The notes on pages 10 to 24 form an integral part of these financial statements.
Page 9

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
1 Charity status
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Mrs V Royle undertakes to contribute such amounts as may be required not
exceeding £1 to the assets of the charitable company in the event of its being wound up while she is a
member, or within one year after she ceases to be a member.
The address of its registered office is:
The Annex, Honiton Surgery
Maripits Lane
Honiton
Devon
EX14 2NY
2 Accounting policies
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all the years presented, unless otherwise
stated.
Statement of compliance
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice (applicable to charities preparing their accounts ir
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR
102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Basis of preparation
TRIP Community Transport Association meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy notes.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The trustees consider that there are no material uncertainties about the charity's ability to continue as
a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by
Exemption from preparing a cash flow statement
The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial statements.
Page 10

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and
assumptions that affect the amounts reported. These estimates and judgements are continually
reviewed and are based on experience and other factors, including expectations of future events that
are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely
equal the related actual outcome.
Income and endowments
All income is included in the statement of financial activities when the charity is entitled to the income,
any performance related conditions attached have been met or are fully within the control of the
charity, the income is considered probable and the amount can be qualified with reasonable accuracy.
The following specific policies are applied to particular categories of income:
Donations and legacies
Donations and legacy income is received by way of donations, legacies, grants and gifts and is
included in full in the Statement of Financial Activities when receivable. Legacies are included when
the charity is
advised by the personal representative of an estate that payment will be made or
property transferred and the amount involved can be quantified. Grants, where entitlement is not
conditional on the delivery of a specific performance by the charity, are recognised when the charity
becomes unconditionally entitled to the grant.
Grants receivable
Grants, where entitlement is not conditional on the delivery of a specific performance by the charity,
are recognised when the charity becomes unconditionally entitled to the grant.
Charitable activities
Income generated from the provision of transportation services is included in the Statement of
Financial Activities when the service has been provided and the entitlement to the income is earned.
Investment income
Investment income is included when receivable.
Expenditure
Expenditure is recognised on an accruals basis as a liability incurred. Expenditure includes any VA
which cannot be fully recovered, and is reported as part of the expenditure to which it relates
Raising funds
Costs of raising funds comprise the costs associated with attracting donations, grants and legacies
and the costs of trading for fundraising purposes.
Page 11

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
Charitable activities
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services for its beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an indirect nature necessary to support them.
Other expenditure
Other expenditure includes all expenditure that is neither related to raising funds for the charity nor
part of its expenditure on charitable activities.
Governance costs
These include the costs attributable to the charity's compliance with constitutional and statutory
requirements, including audit, strategic management and trustees meetings and reimbursed
Taxation
The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010
and therefore it meets the definition of a charitable company for UK corporation tax purposes.
Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains
received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section
256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are
applied exclusively to charitable purposes.
Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation
Depreciation and amortisation
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any
estimated residual value, over their expected useful economic life as follows:
Asset class
Equipment and vehicles
Depreciation method and rate
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value
exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purpose of impairment testing, when it is not possible to estimate the recoverable amount of
an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to
which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that
includes the asset and generates cash inflows that largely independent of the cash inflows from other
Page 12

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
Stock
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell.
Costs includes all costs of purchases, costs of conversion and other costs incurred in bringing the
stock to its present location and condition.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly
liquid investments that are readily convertible to a known amount of cash and are subject to an
insignificant risk of change in value.
Fund structure
Unrestricted funds are donations and other incoming resources receivable or generated for the
objects of the charity without further specific purpose and which the charity may use for its purpose at
its discretion.
Designated funds are represented by the book value of the minibuses that are required to be held to
provide the charitable activities of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through
the terms of an appeal.
Pensions and other post retirement obligations
The charity operates a defined contribution pension scheme which is a pension plan under which
tixed contributions are paid into a pension fund and the charity has no legal or constructive obligation
to pay further contributions even if the fund does not hold sufficient assets to pay all employees the
enefits relating to employee service in the current and prior periods
Contributions to defined contribution plans are recognised in the Statement of Financial Activities
when they are due. If contribution payments exceed the contribution due for service, the excess is
recognised as a prepayment.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the
contractual provisions of the instrument.
Basic financial instruments are initially recognised at the amount receivable or payable including any
related transaction costs, unless the arrangement constitutes a financial transaction, where it is
recognised at the present value of the future payments discounted at a market rate of interest for a
similar debt instrument.
Current assets and current liabilities are subsequently measured at the cash or other consideration
expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Page 13

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
3 Income from donations and legacies
Donations and legacies;
Donations from individuals
Donations and legacies;
Donations from individuals
Unrestricted
funds
General
€
183,702
183,702
Unrestricted
funds
General
€
78,427
78,427
Restricted
funds
184
184
Restricted
Funde
12,213
12,213
Total
2025
€
183,886
183,886
Total
2024
90,640
90,640
4 Income from charitable activities
Contracts and other services
Contracts and other services
Shopmobility
Unrestricted
funds
General
152,217
Unrestricted
funds
General
€
137,960
1,983
139,943
Total
2025
152217
Total
2024
137,960
1,983
139,943
Page 14

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
5 Income from other trading activities
Trading income;
Sale of disability aids, scooters and scooter repairs
Events income;
Fundraising events
Trading income;
Sale of disability aids, scooters and scooter repairs
Events income;
Fundraising events
Unrestricted
funds
General
41,670
662
42,332
Unrestricted
funds
General
E
14,776
574
15,350
Total
2025
41,670
662
42,332
Total
2024
14,776
574
15,350
6 Investment income
Interest receivable and similar income;
Bank interest receivable
Interest receivable and similar income;
Bank interest receivable
Unrestricted
funds
General
616
616
Unrestricted
funds
General
€
671
671
Total
2025
E
616
616
Total
2024
E
671
671
Page 15

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
7 Other income
Sundry receipts
Gains/(losses) on sale of tangible fixed assets for charity's own use
Sundry receipts
Gains/(losses) on sale of tangible fixed assets for charity's own use
Unrestricted
funds
General
220
(304)
(84)
Unrestricted
funds
General
172
7,273
7,445
Total
2025
" E
220
(304)
(84)
Total
2024
172
7,273
7,445
8 Expenditure on raising funds
a) Costs of trading activities
Note
Purchases (adjusted for stock)
Note
Purchases adjusted for stock
Unrestricted
funds
General
40,901
40,901
Unrestricted
funds
General
18,208
18,208
Total
2025
E
40,901
40,901
Total
2024
E
18,208
18,208
Page 16

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
9 Expenditure on charitable activities
Expenditure on charitable activities by activity type
Unrestricted funds
Designated
General
Note
Contracts and other
services,
shopmobility and
weekends away
Allocated support
costs
10
Note
25,778
178,852
95,728
25,778
274,580
Unrestricted funds
Designated
General
€
Contracts and other
services,
shopmobility and
weekends away
Allocated support
costs
18,720
10
18,720
133,543
98,669
232,212
Expenditure on charitable activities by activity type
Contracts and other services, shopmobility and
weekends away
Governance
Contracts and other services, shopmobility and
weekends away
Governance
Activity
undertaken
directly
€
236,419
-
236,419
Activity
undertaken
directly
195,275
195,275
Restricted
funds
€
23,740
1,348
25,088
Restricted
funds
43,012
1,998
45,010
Activity
support
90,992
6,714
97,706
Activity
support
COSTS
96,238
4,429
100,667
Total
2025
€
228,370
97,076
325,446
Total
2024
195,275
100,667
295,942
2025
€
327,411
6,714
334,125
2024
291,513
4,429
295,942
Page 17

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
In addition to the expenditure analysed above, there are also governance costs of £6,714 (2024 -
£4,429) which relate directly to charitable activities. See note 10 for further details.
10 Analysis of governance and support costs
Governance costs
Independent examiner fees
Examination of the financial statements
Legal fees
Independent examiner fees
Examination of the financial statements
Legal fees
Unrestricted
funds
General
€
3,865
2,849
6,714
Unrestricted
funds
General
E
2,735
1,694
4,429
Total
2025
€
3,865
2,849
6,714
Total
2024
2,735
1,694
4,429
Page 18

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
11 Net incoming/outgoing resources
Net incoming/(outgoing) resources for the year include:
2025
2024
Loss/(gain) on sale of tangible assets for charity's own use
Depreciation of fixed assets
304
26,902
(7,273)
20,032
12 Trustees remuneration and expenses
No trustees, nor any persons connected with them, have received any remuneration from the charity
during the year.
During the year expenses of E1,017 (2024: E121) were reimbursed to two trustees (2024: one
trustee). No volunteer expenses (2024: 47) were paid to any trustees (2024: one trustee). No
trustees (2024: none) supplied services to the charity to the value of Enil (2024: Enil). All transactions
13 Staff costs
The aggregate payroll costs were as follows:
2025
2024
€
Staff costs during the year were:
Wages and salaries
Social security costs
Pension costs
146,732
3,620
4,971
155,323
164,197
4,184
5,221
173,602
The monthly average number of persons (including senior management / leadership team) employed
by the charity during the year was as follows:
Trustees
Support staff
Drivers
2025
No
8
5
5
18
2024
No
9
7
4
20
No employee received emoluments of more than £60,000 during the year.
Page 19

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
14 Independent examiner's remuneration
Examination of the financial statements
2025
3,865
2024
2,735
Page 20

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
15 Taxation
The charity is a registered charity and is therefore exempt from taxation.
16 Tangible fixed assets
Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Charge for the year
Eliminated on disposals
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
17 Stock
Equipment
and vehicles
281,863
57,827
(37,409)
302,281
221,793
26,902
(27,105)
221,590
80,691
60,070
Total
281,863
57,827
(37,409)
302,281
221,793
26,902
(27,105)
221,590
80,691
60,070
2025
9,719
Stocks
18 Debtors
2024
3,000
Trade debtors
Other debtors
2025
3,825
1,021
4,846
2024
11,161
20,523
-
31,684
19 Cash and cash equivalents
Cash at bank
2025
48,834
2024
22,912
Page 21

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
20 Creditors: amounts falling due within one year
Other creditors
Accruals
2025
20,428
4,515
24,943
2024
E
6,462
5,277
11,739
21 Pension and other schemes
Defined contribution pension scheme
The charity operates a defined contribution pension scheme. The pension cost charge for the year
represents contributions payable by the charity to the scheme and amounted to £4,971 (2024:
£5,221).
22 Funds
Balance at
1 April
2024
Incoming
Resources
resources
expended
Transfers
Balance at
31 March
2025
Unrestricted funds
General
Community transport
Designated
Minibus fleet
Total unrestricted funds
Restricted funds
Purchase of replacement
vehicles
Befriending project
Befriending project-
laptop and mobile
telephone
Electric bus
Stronger community
Total funds
33,528
56,159
89,687
4,792
-
22
12,026
16,840
106,527
378,783
378,783
:
184
378,967
(315,481)
(25,778)
(341,259)
(24,925)
(24)
(139)
(25,088)
(366,347)
(44,480)
16,946
(27,534)
27.905
2
-
139
27,534
52,350
47,327
99,677
4,792
2,652
12,026
19,470
119,147
Page 22

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
Balance at
1 April
2023
Incoming Resources
resources
expended
Transfers
Unrestricted funds
General
Community transport
Designated
Minibus fleet
Total unrestricted funds
Restricted funds
Purchase of replacement
vehicles
Befriending project
Befriending project-
laptop and mobile
telephones
Electric Bus
Stronger Community
56,775
241,836
(250,420)
92,981
149,756
241,836
(18,720)
(269,140)
4,792
12,213
(42,568)
54
12,026
Total funds
16,872
166,628
12,213
254,049
(32)
(2.410)
(45,010)
(314,150)
The specific purposes for which the funds are to be applied are as follows:
Unrestricted funds:
To provide and maintain non profit community transport services. •
Designated funds:
To recognise the fleet of minibuses that are held by the charity.
Restricted funds:
Balance at
31 March
2024
€
(14,663)
(18,102)
(32,765)
30,355
2,410
32,765
33,528
56,159
89,687
4,792
-
22
12,026
16,840
106,527
Funds received from various grant providers and donors towards the cost of purchasing new mini
buses.
Funds held to provide 'befriending' training to volunteers.
Funds received from DCC to provide a laptop and mobile telephone service for the Befriending
Funds received from donors towards the costs of a new electric bus.
Funds received from grant providers towards the costs of stronger community.
Page 23

TRIP Community Transport Association
Notes to the Financial Statements for the Year Ended 31 March 2025
23 Analysis of net assets between funds
Tangible fixed assets
Current assets
Current liabilities
Total net assets
Tangible fixed assets
Current assets
Current liabilities
Total net assets
24 Related party transactions
There were no related party transactions in the year.
Unrestricted funds
General
Designated
3,294
77,327
43,999
-
(24,943)
22,350
77,327
Unrestricted funds
General
€
Designated
3,817
56,159
41,450
(11,739)
:
33,528
56,159
Restricted
funds
70
19,400
19,470
Restricted
funds
€
94
16,746
-
16,840
Total funds
at 31 March
2025
80,691
63,399
(24,943)
119,147
Total funds
at 31 March
2024
60,070
58,196
(11,739)
106,527
Page 24