2023-09-30-accounts

Reglstered number: 04285092 Charity numbef.. 1088567 NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 llii A18

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COIAPANIES HOUSE

NORTH I)ORSET COMMUNIry ACCESSIBLE TRANSPORT- NORDCAT IA company limtted by guarnnte•) CONTENTS Page Referen¢8 and admlnlstrauve details of the Charltable Company. Its Truste•s and advlsers Trustees. report Independent examlnerfs report Statement of flnan¢lal •ctiviti6s 10 Balan¢e sheet 11-12 Statement of ￿$h ftoT 13 Notss to the flnanclal statements 14-28

NORTH DORSET COMAWIIITY ACCESSIBLE TRANSPORT. NORDCAT IA company limited by guarnnteel REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITABLE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Trustses PAS J E R Smbth. Trustee Ms P H Batslone, Trustee Mr A Watson, Twstee Iresgned 10 January 20231 Mr N BNJgs. Trustee lappoN)ted 1 20231 Mr G Rose. Trustee Mr D Beer. Trustee (appointed 7 IAarth 2024) Company reglst•red ntsmber 04285092 Charity reglstsr nvmbor 1088567 Reglstered office 17b BLrtts Pond Industrial Esl*e stuminsler Newton Dorset DT10 1AZ Company se¢rgtsry Helen Reed Chief execvtfve offlcer Helen Reed Indep•ndeTht Examlneys Regulatory Audit Vicarage Court 160 Ermin Street Swndon Wittshire SN3 4NE Page I

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT {A COM￿nY limsted by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2022 The Trustees present their annual report tcgether with the fina￿lat statements of the Charitable Company for the 1 Odobei 2022 10 30 September 2023. The Annual report serves the purposes of both a Trustees. report and a dirèctors. report under company law. Th8 Trustees confirm Ihat the Annual report and finarKi81 slalemenls of Ihe charitatAe company eomply Nvith the ￿Tren1 statulory requiremenl$, the requirements of the charitable company's governing document and the provisions of Ihe Stslement of Recommended Practice ISORPI applicaWe to tharilies wepariThJ Iheii accounls in accordarKe ￿ th8 Financial Reporting Standard appltcable in the UK and Repubk'c of Ireland IFRS102) leffective 1 January 2019). Since the Charita￿e Company qualrfies as small under settion 382 of the Companies Act 20C6, the Strategic rep)rt required of medium and large companies under the Companies Act 2006 {Strategic Report and Directors. Report) Regulations 2013 has been omitted. Obj•ctives and activities . Objeets and activities for public benefft The obiects of the charity are to aP￿Y its fvnds for such exdusively charitable purposes a5 the trustees may Ihink fjl in accordance ￿ Ihe trust deed. The tm#ees confirn) that they have referred lo Ihe guidanee contsined in the tharily commision's general guidar￿e on Ihe publK benefrt when reviewing the charitys aims and objecbves and in F4anning luture activibes. Th8 principte ackn.vies and charrtable object ol NORDCAT is the relief of Isolati￿ of the inhabiianls of North Doisel and the surrourKling area through provisi￿ of a community transport serviee lo help those who have need because of Iheii age. poverty. mentsl or physical disabilty. This is acheived through operation of mir#buses under Sec*ion 19 of Ihe Transport ac¢ 1985. In setbng objedNes and planning for activibes. the Trustees have given due consideration to general guidance published by the Charity Commtssion relating lo pubh'c benefft, inckmling the guidance 'Public benefit.. runring a harity IPB2)'. Page 2

PIORTH t)ORSET COIAWHITY ACCESSIBLE TRANSPORT. NORDCAT {A c(vnpany limiled ty guar4nl••} TRUSTEES. REPORT {CONnNUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2022 Oblectlves and activiiies {ContinU￿) b. Slgnifi¢¥nt activitl•s NORDCAT conlinues to benefft those tsolated by disai)ilty. age. pjverty ¢X lack of commercial publi¢ transr•J1 servrces tyenabliftg access to towns for a vanety of PUFposes. "Dial a ride. community transport C&￿tinUeS bul has not yet regained its p￿ Covtd usage. not least as users have become older and frailer, or passed on. The Trustees re¢ognise the￿ is an intteasing need in our rural area and are endeavourin9 to make Tesidents the tywisations wothing in the area, particularty Parish Coun¢rlslMeelings aware of ils availabilrty. Shopping trips have been reduced bul ¢￿￿"nUe. The need for transport to medical appointments has also in¢reased as not all are mel by the existing services. Agasn, this 1$ an area NORDCAT WfKJld lo expar￿. working with the bcal authority. the NHS and other local voluntsry bodies. In partKular Dorset C(nmunity Actitin is launching a project in North Dorset. whid) NORDCAT is part of, to bring together au retevant bodies to consider how to improve sustaining Ihose discharged from hospital. NORDCAT is also seekn.ng to woik MO￿ dosety with the charity known as Friends Of Stour Connect lin the pYo¢ess of ¢hanging ils name to -Communty Connections. in tyder to darify that it is not part of the Stour Conne¢l Day Centre run by Care Dorset). The aim wousd be to provide Iran5POrt 5UPPQrt thg US•5 01 the faciiitses run ty that charity. Accessing educational fao"Irtse$ - NORDCAT Services Ltd's contra¢t wth Kirwon MauThrnrd College ended at the end of the summer tefm 2023 vtsi the college ￿a¢ed their conlract with a logistics firm from Maidenhead. NORDCAT was invited by that company to continue to prowde transport bLrt declined. As Nordcal is not a commercial company it would not be poss1￿e ￿thc￿t re training drivers and ¢haroin9 pem)ts. At that potnt the contrad with the Sbjdio S(knol, on the same ste. also ceased. NORDCAT has therefore disposed of ils larger vghKle$ and made 8 of rts driver5 redundant, and NORDCAT Services Ltd wtwch had been dormant an¢J only used as a paFer exercise for some time was ceased. c. Volunteers Special rnenlion St￿1￿ be rn￿e of the ded1&￿ed volunleeiB as5i5t the charity. The IFUStee$ Ore most grateful lo them for giving their time and ekn. Achievements and perfomwn Flftanclal review *. Golng conc•rn After rnaking appropriate enquiries. the TF%JStees i￿Ve a Teasonable expectation that the Charitable Company has adequate re$ource$ to ¢onb"nue in operatronal existence for the foreseeable fvjlure. For this reason, they contTnue lo adopt the going concem basis in preparing the financ4al statements. Fufther details rewding the adoption of the gotng concern basis can be ftyJnd in the a¢¢ouTrtiry poSw.

IKIRTH DORSET COAIMUNITY ACCESSIBLE TRANSPORT. NORDCAT {A company limited by guaranteel TrUSTEES' REPORT ICONTINUEDI FOR THE YEAR ENDED 3D SEPTEMBER 2022 b. Prln¢lple funding source5 though the organisation sldS re¢effts some grants from Parish Town ¢ouncil$, and now its contiact work has ¢ease¢J it relies MO￿ on prow5￿ of communty services fvnd gefterats"￿ Ths has lad to work lo ensure Ih8r the year Pfoduced a surplus in order to allrmlhe remaining c(Mnmunity seN¢es to be operated M) a way that is mosl aw)ropriate. e. Resenfes Poli¢y The reserves of the charity are those fvnds Ihat are I￿lY available to be spent in pursuing the ¢haritys objedives. Restricted and designated ￿ndS can h¢wEvei only be used for the purpose for which they have b8en eslabjished. F￿e Reserves (Gene￿ Funds) can be used lor any purpose by the charty in carTring oul its obiective. The free reserves of the charsty at the finan(ial year erJ were £164.685 12022 £45,4271. Ttto Slgnificant increase ihis year has been Ibje to pru*Jence over the cessation ol the contracts kr￿WIng that the lollowin9 year may not frave the knl of ￿￿e requwed to $LwrMt the remaining seryices. Free reseryes represent apprgximatety six ml￿thS recJJrring gewal frjnds expenditure {2023'. thTee months) subiect to anAl￿ review. Page 4

NORTH OORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT {A company limited by guaranle8) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2022 Struclure. governance and management a. Con$titutlon North t>orset Comfflunity Accessible Transwt - NORDCAT is registered as a charitable company limited by guarantee and was set w) by a Trust deed via a memorandum and artides of association. b. M•thods of appointmenl or election of Trustees The management of the Charilable Company is the responsibilty of the Trustees who arts elected arKI co-opted under the lemis of the Trust deed. ¢. Governing Do¢umenl The charity is controlled by its goveming document. a deed of trust. and ￿nSitUteS a limited company. limited by guarantee, as defined by the companies act 2006. North Dorset Community Accessible Transport {NORDCATI is a Company Limited by guarantee governed by its Memorandum and Articles of Association dated 11th September 2001. It is also a registered chaiity. so members of its board of directors are both company direetors and charity trustees. Membership of the organisalion is mandatory for indivtduals who use the Dial4-Ride services, and is available lo those who support the organisation. However these members are voling members. d. Recrultment and appolntment of new trustees The tNstees may appoint a truslee either to full a Casual vacancy or as an addibonal Irvstee. Any trustee so appointed shall retan their office only until the annual general meeting but they shall then be eligible for re- election. The number of trustees shall be no less than three but is not subject to a maximum. e. Organisatlonal strUG￿re The constulron of the board of trustees throUg1￿Ut the is reflected in thg cornpany PartI￿1arS on page 4. The board members are Ihe directors of o)mpany for Companies Act PUfF4xes. The Board of Directors is the goveming body and meets dependiNJ on ciujmslances. NORDCAT is CLbrrently managed by a Board of five trustees - ChaiM￿n Pauline Batslone, Joe Rose, Jane Smith and Nigel Biggs and the newest member of the team who has retumed lo the ty)ard Derek Beer. NORDCAfs Manager Helen Reed acts as Secretary to the Board. The Chaif thanks the Board Members who gwe up their free tinie to support NORDCAT and also Ihe Manager, Administrative Assistant Jennifer.. and our drivers. mechani¢s and voluntary helpers, because they all give so much to make NORDCAT possible..

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A ¢ornpany limlted by guarantee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2022 Structurni goveman¢g •nd managofflent Icontlnuedl f. Induction and tralning of new trustees membe￿ of the organisats.on at the Annual General Meeb'ng elect (lirector5. The Memorandum and Artieles allow for a minimum of 3 direclors but there is no maximum. It is therefo￿ not been necassary lo hold a contested election. 8efv￿n Annual General Meetings the board has powers to apptynt a(IdilK)nal directors. either lo fill a casual vacancy or to ￿[ng in addiliona skn.lls and experttse. Al directors have lo be re-elected at the next Annual General Meeting. The Board of Trustees has reviwied its curmt membershp and noted that il inctudes volunteer drivers, disabled people. males and females, and is generally representats.ve of the characteristics and ethni bad¢ground of its users. A need for tsaining of directors ha5 been identified. bul has not yet been delivered. g. K•y Managemgnt R•munerallon During the year. a total of key rnana9pment persmnd r¢muneralion of £40.79412022 - £40,794} was paid. h. Risk Management The directors have a duty to identify Ihe risks to whith tre tharity is exposed and to ensure appropriate controls are in place lo prn￿de rea$¢)nable assuran￿ against fraud and error. The directors have continued to monitor closely not just tl)e mw strategic and operab.onal risks laced by the organisat￿. bLrt also the processes in place lo mitigate these risks. 1- The organisation continues lo depend on key members of staff. and the pe￿anent loss of a single individual would therefore still have a significant effect. This is certainly a key risk" but the company continues to draw on a pool of v(￿Unteers who can provKte back-up lo temporary 1ndispo￿b0n and illne￿. DevOlUtiL￿ of some of the responsibilities of Ihe general manager lo other stsff is st511 a d￿llenge within an organi5ation of NORDCATS scale- although lo no greater extsnl than in othw organtsations of a sirnilar size. 2 - Finally. a serious a￿l￿ent involviTrJ a vehicle or passenger have an ifflpact on local eonfidence in our aclivities and thu5 ￿ntInueS lo be a risk. H¢)wever, the organisalion continues to mthgale that risk through maintaining insurance al the appropriate levd. thb¥er training. heallh safety reviewE, and vehlcle maintenance lo VOSA standards. Plans for future perlods The Trustees are considerirwj the firture strategy of the Chanty partwlarty respect lo ha￿r￿j all necessary licences for the operatrons and making sure trtat the mTriibus lleel is 8ppropriale for the services currenlly provided. Also workn.ng on the relationship 7Mth otrr chanb.es in txder lo provide a more rounded seNice lo the residents in North Oorset. M•mbern' liability The Members of the Charitable Company w¥antee to c¢ntrihts amount nol exceeding £10 to tr assets of the Charrtable Company in the event olwTrJin9 UP. Page 6

NORTH t)ORSEf COPaMUNITY ACCESSIBLE TRANSPORT- NORDCAT IA Company limlted by guarnnteèl TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 30 SEPTEMBER 2022 Ststsment Of Trustee$. responsibllitles The Trustees (who are also the diie¢tors of the Charilable Company for the purposes of company lawl are responsible fof preparing the Trustees. report and the fjnan¢ial statements in accordance wth applicable law and United Kingdom Accounting Standards (United KiThJdom Generally Accepled A¢￿￿ntsrtg Practice}. Comwy law requires the Twstees to wepafe finanetal statements lor eath fi￿nCial . Under company law. the Trustees must not approve the financial statements unless they are Satisfied thal they give a true and tsir view of the stale of affaifs of the Charitable Company and of 115 incoming resources and appli￿l￿n of resources. induding its income and expenditure. for that period. In preparing these financial stslements. the Trustees afe required to." select suitable accountiThJ poFicies and ihen apply them consistently". observe the methods and prinaple$ of the Chawiti"es SORP {FRS 102).. make judgments and acC￿nting estimates that are reasonable aTrJ prudent., stale whether applicable UK A¢counting Standards IFRS 102} have been followed. subj'ect to any materral departures disclosed and explained in the financial stslements.. pare the financial sl*ements on the goiry concern basts unles5 It is inappropriate to presume that the Charitable Company 4viII eonkn.nue in business. The Trustees are re$ponsib¢e for keeping adequate ac¢ounb"ng rectyds that a￿ 5uffiaent 10 Show and explain the Charitable Companls transacb.ons artd dis¢kJse with reasonat4e accuracy al any lime the financial posltion of the Charitable Company and enable them to ensure that the finanaal statements comply th the Companies Act 2006. They are asso re¥)onsible for safeguardin9 the assets of the Charitable Company and hence for taking reasonable steps for the ryevention and deiection of fraud and other irregularities. Approved by order of the members of the towd of Trustees on 25 June 2024 and stgned on thetr behalf by.. s P H Batston• ITrusleel

NORTH tX)RSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT IA company Ilrniled by guarantsft) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR Et4DED 30 SEPTEMBER 2023 Independent Examinef's Report to the Trustee5 of North Community Acctssible Tran$port- NORDCAT I'the Charitsble Company.) I report lo the charity Tnjstees on my examinalion of the ￿nts of the Charitable Company for the year ended 30 September 2023. Responslbllftles and 8a¥ls of Report As the Trustees of the Charitsble Company (and its directors for the wrposes of company law) you are responsible for the preparation of the accounts in a￿darKe ￿ the requirements of the Companies Act 2006 Cthe 2006 Acr}. Having satisfied myseff that the accounts of Ihe Charilable Company are not wuired to be audited under Part 16 of the 2006 Act and are eI￿l￿e for indeFndent examination. l ￿pOrt in respect of my examination of the Charitable Companys accounts carried out under section 145 of the Charils Act 2011 1.the 2011 Act'l. In earying out my examinatKJn I have followed Ihe Dire¢b"ons given by the Charity Commission under section 145{5llbl olthe 2011 Act. Indep•ndent ExamSnerfs Stalernmt Since the Charitable Companys gross itw>)me exceeded £250.000 fftir examiner musl be a member of a ixidy listed in section 145 of the 2011 Act. I confimi that l am qualified to undertake the examination because l am a member of the Associathjn of Chartered Cerbfied Accounlants, which is one of ts listed bodies. I have comF4eled my examination. I confim th matters, other than those fvlly detailed bel¢￿, have ￿me lo my attention in connecb.on wilh the examination givry me reasMaL49 cause to belifjve that in any matarial respe¢t.' accounting re￿r￿S were not Wl in respect of the Charitable Company as required by secticffl 386 of th& 2L)06 Act.. or the account5 do not accord Vlth those rewds: or the accounts do not compty the a(xounth"r•J reqU1￿ments of se¢Xion 396 of the 2006 Act other ihan any requirement that the accounts give a Inje and fair Mew which is not a matter conssdeied as part of an irKlependent examination,. or the actounts have not tse￿ prepared in awdarKe rylh the methods and principles of the Slalemenl of Recommended Practice for acwunting and repoTling by charibes appIl￿ble to Charities preparing t￿lf accounts in accordarKe the Finrttal ReportKYJ Standwd appTrKabte in the UK and Republic of Ireland {FRS 1021 I confirm that there are other matters to vthich your attent¢on sho￿￿ be drawn to enable a proper unde￿landIfig of the accounts lo be reached. Pa9e 8

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A company Ilmrted by guarant￿) INDEPENDENT EXAMINER'S REPORT {CONnNUEOI FOR THE YEAR ENDED 30 SEPTEMBER 2023 This report is made solety lo the Charitable COmpan￿S Trustees. as a body. in accordance with Part 4 of the Charities {Accounts and Reports) Regulations 2008. My work has l￿ft undwtsken so that I might slate to the Charitable Companls Trustees those matters l am required to state to them in an Independent examiner's report antl lor no other purp¢)se. To the fUl￿$t extent permrtted by law, I do not accept or a55ume responsibility lo anyone other than the Charitable Company and the Char[tal￿e Companls Trustees as a body. lor my work or for this repoTL Signed.. Dated". 26 June 2024 Robert Stokes FCCA. ACA For and on behalf of Regulatory Autht Vicarage Court 160 Ermin Street Swindon SN3 4NE Page 9

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A Company Ilrniled by guaranto•1 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDtTURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2023 Unrestricted funds 2023 Total funds 2023 Total funds 2022 Nots Income from: Donations and legacres Charitable activities 13,551 818,500 13.551 818.500 16.844 670.316 Totsl inc¢me 832.051 832.051 687. 160 Expenditure on". Charitable 8CtNities 712,794 711794 666. 183 Total expmdlture 711794 712.794 666, 183 Net movement In funds 119.257 119.257 20,977 Reconclllatlon of funds- Total funds brought fornard Net movement in funds 45.428 119.257 45.428 119.257 24,451 20.977 Total funds Car￿ed forward 164.685 164,685 45.428 The Statement of Financ￿[ Acbvities indth al wns k)sses rewgnised in the year. The notes on pages 14 to 28 fc¥m part of these finana81 sLitements. Page10

NORTH DORSET COMMUNITY ACCESSIBLE TIIANSPORT- NORDCAT IA company limited by guarantv) REGISTERED NUMBER: 04285092 BALANCE SHEET AS AT 30 SEPTEMBER 2023 2023 2022 Note Fixèd assets Tangible assets Irwe$lments 10 34.789 84.330 34.789 84.331 Current assets Debtors Cash at bart and in h8rKJ 12 4S.653 114.283 6. 150 46.103 159,836 52,253 Credrtor5." amounts falling due one 13 (28,998) (67,009) N•t current assèts I Ilabllites 130.838 (14, 756) Total assets les¥ current Ilabllitles 165.627 69,575 Creditors.. amounts falling due after more than one year 14 (9431 (24, 147) Not assats excludlng ￿nSIon assei 164.684 45.428 Total net a$$ets 164,684 45,428 Charlty funds Restricted fvnds Unrestrtied furKI 15 15 164.684 45,428 Total funds 164,684 45.428 The Chwitsble C¢)mpanywas entiued to exemption frryn audit under section 477 oftrt Companies Act 2CfvJ6. The memb&s have rh)t requyed company to obtain an au¢lit for the year in question in a￿Ordance wth section 476 of Companies Acl 2006. The Trustees acknovAedge their re￿￿￿"bI.ties ft>r cOmp￿.(￿j ilh the requirements of the Act with respect to accounting records and Prepara1￿ offinanrial s￿*￿ts. The financial stslements have been wepared in accordanco with the WOViSiDns applicaLle to entities subjed lo the small companies regime. age-1-1

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT IA company limited by guarantee) REGISTERED NUMBER: 0428S092 BALANCE SHEET {CONTINUED} AS AT 30 SEPTEMBER 2023 The financial statements were approved and aU￿￿rIsed for issue by the Trustees on 25 June 2024 and signed on their behalf by. Ms P H Batstone rusteel The ￿teS on pages 14 10 28 part of these financial ststements. Page 12

NChRTH DORSET COMMUNITY ACCESS18LE TR￿4$PoRT- NORDCAT IA Company Ilmlted by guarnnleel STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBeR 2023 2023 2022 Cash Itowg from operatlng actlvities Net cash used in opèring a(￿¥￿eS 127.580 174,866 Cash Ilows from investing actlvlties Proceeds from the sale ol tangible fixed assels Purchase ol tangl￿e fixed assets 41.$00 {31.362) (75.600) Net cash provided bylluggd in) lnvosllng aclivftles 10.138 {16.600) Cash floYS from financing activitles Repayments of borrow.ng 169.538 (61,836) Net cash used in financing a¢tlvilles 169,5381 {61.8361 Change In cash and cash 8qul¥alents In the year Cash and cash equivajenls at the beginning of the Jpar 68,180 97,430 (51,327) 46.103 Cash and cash equivalents at the end of the year 114,283 46,103 The notes on pages 14 to 28 fomi part ofttw financial statements Page 13

NORTH DORSET COWIUNifY ACCESSIBLE TRANSPORT- NOROCAT IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 General infomiatlon North Dorset Communrty Acce￿bIe Transport - NORDCAT is a private ccffipany fimited by guarantee wilhoul share caprtal registered in Engla￿[ and Wales. The regiSte￿d a6ess 1$ Untt 17B, BLrtts Pond Industrial Estate, Stumiinster Newton. Dorsel DT10 1AZ. The membws of the ￿￿panY are the Twstees named C￿ page l. The presentational currency is Sterling aTrJ rThxwJed to thg nearest VtvJle number. A¢countlng pollcles 2.1 Basls of preparatlon of flnaftclal strtements The finanaal statements have been prepared in ac¢￿darlce wtth the Charities SORP IFRS 1021- Accounting and Reporting by Charities". Statement of Recommended Practice appli¢aNe lo charities preparing their accounts in accordance the Finantsal ReportirKJ Standard applieable in the UK and Republic of Ireland IFRS 102) leffeth.ve l January 2019}, the Financial ReportSng Standard applicable in the UK and Republic of Irdand IFRS 1021 and the Companies Act 2¢X6. North Dorset Community Accessible Transp(xt - NORDCAT meets the definition of a public benefit entity urKler FRS 102. Assets and liabilit¢es are initsally rectsjnised al historical cost or transaction value unless otheThw"se ststed in the relevant accounts'ng policy. Z2 InGorne All income is recognised once the Charitable Company has enlitjemenl to income, rt is probable that the income will be received arwj the am(th of income I￿Vab￿ can be measwed reliabty. Grants are induded in the Ststemenl of financial activities on a receivable basis. The balance of income received for spectfic purF4)ses bul not expended during the peri￿J is shown in the relevant funds on the Balance sheet. WTrwe income is received in advance of enmement of receipt, ils recognition is deferred and i￿Lthd in creditrys as deferred u)come. Where entillement mr5 before income is r￿￿ved. the income 1$ accrued. Inwie tax recoverable in rdation to th)n*ions received uThJer Grfi Aid or deeds of covenant is recognised at the time of the (k)nation. Fees receiveak arKI charges seTriee are rects3rrised in Ihe period in which the seNice has been prowded. Subscriptions zrt fecogntsed in the perh)J in Ythtth tlw are inv(xced. Page 14

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT. NORDCAT (A c¢)mpany limitod by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 Accountlng pollcles (contlnu•d) 13 Expendithrn Expenditure is recojnised once ttwe is a le9 or Cp)nstrudJ"ve obligatson to transler economic benefit to a third paty. il is probable Ihat a transfer of economic benefiis will be wuired in settlement and the amount of the obligation can be measured relithy. Expgnditure is ¢la$gfie( by ad"Tvity. The costs of each activity are made up of the total ol dI￿¢t ¢osts and shared costs, ineludirtg support costs involved in undertaking each actiw. Drect costs attrsbutatAe to a single activity are allocated directly to that activity. Shared cosls whKh contribule to more than one ath.vity and support ¢osts which are not attritrjta￿e to a single actiwty a￿ apportioned tetsveen those a¢tivities on 8 basis ¢on51Stenl wrth the use of ￿SOUrCes. Central stsff fA>Sts are allocated on the basis of lime spent. and depreaation chorge$ aM¢xated on the pc¥bon of the asseys use. Expenditure on ¢haTbts￿e acliwtie$ is incurred on dire¢Uy undertaking activib"&s which fijrther the Chantable Companls 00￿￿"¥e$, as well as any assoaated 5UPPOrt costs. All expendiliNe is incI￿ve ol irr￿O¥erable VAT. 2.4 Govemfflent grnnts Govemment grants relatr"n9 to iang1.ble fixed assets are Ireated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets conwned. Other grants are credited to the Statemerrt of fThncial athblies as the ielaled ¥xpenditure is incuried. 2.5 Tanglble fix•d ass•ts and dpfKlation Tangible fixed assets Co￿1n9 £11Y) or m(xe are cawalised aTrd recognised when fLrtuTe economic benefits are probth and Ihe cost OF vkn ofthe asw wi be measured reliably. Tangible fixed assets are initiauy recognised at cost. After fecognition, under the cost model, tangible fiyed assets are rneawred al c05t less accumulated depreciation and any accumulated impaimient losses. All costs incurred to bring a ta￿￿e fixed asset into its intended workn.ng ¢ondikn"oft should be induded in measuremwrt of ¢osL Depreciats'on is charged so as to allcate the ￿st of tangknlg fixed assels k$s their reydual value over their estJ"maled useful lives. . Depfeciat50n is prO￿ded on the foHoMtyNJ bass.. Motor veh¢cles Fixtures and ffttings Computw •quynrt s￿0, 33% and 20% on cost 25% on cost 33% on cost 2.6 Invostments Fixed asset investh)ents are 8 fomi of fmarthial tnstrument and are iAitiè15y re¢o9nised at Ihgir transaction cost and subsequently measuied at fail value at the BaLance sheet date, unless the value cannot be measLffed reliat4y in whi¢h case rt is Measu￿ at cost tess impairment. Inve51menl 9ain5 and 106ses, whether realised or unfealised. are combined aTrJ presented as 'Gar￿(LosseS￿ on uivestment$' in the Statement of finan¢r aCtiV￿"e$. Investments in sth¥Jiaries are valued at cost less provi&on for impaiment. Pag8 15

NORTH DORSET CC)MMUNITY ACCESSIBLE TRAIISPORT. NORDCAT IA company limltsd ty guarantee) NOTES TO THE FIPIANCIAL STATEME14TS FOR THE YEAR ENDED 30 SEPTEMBER 2023 A¢¢ounting poli¢ie5 l¢oniinuedl Z7 Debto Trade and othef d$btNs are re¢owised at Ihe setllenRnt amount after any tr discount offered. Prepawnents are vatued at the anOLmt prep•d rtt ol any trats dis¢¢wnts due. 18 Cash at bank and In hand Cash at bank and in ttand indudes cash and short-lem highly liquid invethents wlh a short maturity of three months or less from the date of aCqUwti￿ or ¢)perM"ng of the depO￿L OT similar accourrt. 2.9 Liabiliti¢s and provisions Liabithlies are recognised when there is an obugation at the Bajance sheet dale as a result of a past event. it is wobable that a transfer of ecOr￿n￿ benefit will be requ%red in settlement. and the amount of the settlement Can be esb"mat8d relrabty. LIabl￿tieS are recognised at Ihe amoLml Ihal the Charitable Ccrfnpany anticipates il pay to settle the debt or the affl￿ftt rt Iws r￿l¥ell as •Jvanceil for the goods or.seThic•s it fflust provide. Provisons are measured ai the best estimate d the amounts required to settle the otili9ation. Where the effe￿ of the time value of rn￿eY is matwial. the prowsion 15 based on tha present value ofthose amounts. discounted at the dÈscourht rate that refie¢is the risks spe¢ffic to the liabiljty. The unwinding of the discount 15 Tecogntsed in the S&ement of financial adtvits.es as a finance cost 2.10 Fin•nclal instruments The Charitable Compaiy onty ttas frnan¢kgt assets financial liabslities of a kil￿ Ihat qualfy as basic financial mstnirnènts. 8asc finan¢iaS instrumerts 8re initsally recognised at transaction value and subsequenuy measured al the¢"r settlement Wal￿ ￿th tr exception of bank loans which are subsequenlty measured at amortised cost ugng the effe¢bve interest method. 2.11 FlTrance leases and hlre purchase Assets obtaird under hire purchase ¢onlra¢ts arhy firwi¢e lease$ are capitatised as tangible fixed 8ssels. Assets acquired ty finanGe lease a￿ dek)reuated over the shorter ofthe lease term onsj their useful [￿e$. Assets acquired by hiie purth8se are ¢Jeweciated over Iheir uselul INe$. Finance lease$ are those vthere substantralty all of the benefits and risks of ovmership are assumed by Ihe Chaiitable Company. Obligations Lhnder suth a9reement5 are i￿luded in credrtOf5, nel of the finance charge allocaied to future periods. The finance elemènt of the rental payrnent is tharged to the Statement of fsnan¢ial %tivibes so as to prodLKe a c¥Mslant per1￿j1C rale of charge on the net o￿l93110n outstanding in eath pery(•J. 2.12 OperatlRg leases Rentals pai¢J under operaling leases are charged lo the Stalwnenl of financial aclivits'es on a Str￿h* INlO ba&s over the lease lem. Page 18

NORTH DORSET COMMUNITY ACCESSIBLE TFiAPISPORT- NORDCAT (A company limit•d by guarante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEM8ER 2023 Accounting policles Icontlnued) 2.13 Penslon8 The Charitsble Company operates a defined ¢ontn"bution pensitin scheme and the pension charge repiesenls the amounts payable by the CharitslAe C¢ynpany to Ihe fund in iespeci of the year. 2.14 Fund accountlng General are unrestricted fijnds ￿{ch are available ts use al the disuetion of the Trustees in furtherance of the general objectives of the Chaiitable Company and whth have r￿t been d￿gnatel for other purposes. Restricted fun(ts are funds are to be used in accordance wlh 5peufic restsictions imposed by donoTS or whKh have been raised by the Charitsble Company fGY partiujlar purF4)ses. The Costs of raising and administering such fvnds are tharged against tt speafic fund. The aim and use of each restrKd fund is sel oul in the rbxes to the financial Stslements. Income fmm donations and legacies Unrestrf¢t•d funds 2023 Totsl fuDd$ 2023 Donat￿n8 13,551 13,$51 Unreslncled lunds 2022 Total funds 2022 Donations 76,844 16.844 Income from clmritable aclA¥5tles Unre$trict•d funds 2023 Total funds 2023 Grants receivable Prwsion of Communty Tran¥￿1- Hire of minitmjses. Concessi￿ary fares 818,5¢XJ 818.$00 818.500 818,500 Page 17

NORTH DORSET COMIAUMITY ACCESSIBLE TRANSPORT. NORDCAT (A company limii•d by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 In¢om• from Charitable adivitiès I¢(￿tinUe￿I UnTrstricted funds 2022 Total funds 2022 Grant5 receivable Provision of Communty TransP￿t. Hire of mirubL￿e5. COr￿eSSIOn¥ff fares 670.027 670,027 670,316 670.316 Analysls of eX￿ndI￿re on charltsbl• xtl¥lll•s Summary by fvnd type Unrestrkted lunds 2Q23 Total 2023 Proviwon ol CommuNty Transport 712.794 712.794 Unrestrit#gd funds 2022 Total 2022 Provi8ion of Community Transwt 666, 183 666, 183 Analy$b of •xp•ndltyr• by a¢tlY6tles Actlvldes ndèrtakèn dire¢tly 2023 Support ¢osts 2023 Total fvnds 2023 PTovision of CommuThty Transi 630.835 81,958 712.793 Pagg 18

NORTH DORSET COPIMUNITY ACCESSIBLE TIiANSPORT- NORDCAT {A Company limltsd by 9u•rants• NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEM8ER 2023 Anatysls of expendilure by •¢tlviti•s {¢ontlnu•d) AdNities undertaken dwectly 2022 Support costs TDtsI funds 2022 2022 Provision of comfflL￿ty Transp 560,540 105,643 666,183 Analysis of direct costs Prnvlsion ol Community Tran$port 2023 Total funds 2023 Slaff costs 307.351 323,484 307,351 323.484 Vehide expenses 830.83S 630.836 Pmvisron of Communty Trnnsport 2022 Total funds 2022 Staff cost$ Vghid• expenses 277. 143 283.397 277.143 283,397 560,540 560,540

NORTH DORSET COAIMU141TY ACCESSIBLE TrANSPORT- NORDCAT IA eompany Ilmited by guardntsel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EMDED 30 SEPTEMBER 2023 Analysis of expenditure by activities Icontinuedl Analysis of support costs Provl$lon of Community Transport 2023 Total funds 2023 Oepreaation Propety costs Administration costs Professional fees Finance costs 29.220 27.173 14.857 4,895 5.813 29.220 27.173 14.857 4.895 5,813 81.958 81.958 ProvisKJn ol Communty Transport 2022 Tofal fvnds 2022 Depreciati Property costs Administration costs ProfessionJ fees Finance costs Govemance costs 63.294 21,733 4. 132 4.500 11.039 63.294 21,733 4. 132 11.039 105,643 105,643 Page 20

MORTH I)ORsEf COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A company Ilmlled by guaftnte¢l NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENOED 3Q SEPTEM8ER 2023 Independent examlnerfs remuneration 2023 2022 Fees payable lo Ihe charrtab￿ Ctynpatys independent examinef for the irKlependent examination of the Charitajle Companvs annual a￿OUnts Fees pay¥￿¢ to Charitable C4nwls independent examiner in iespecl 1,950 1.750 1.725 1,5Ckl Stsff costs 2023 2022 Wages and salaries Scaal security cost$ Contribution to defined o)ntnbution pen￿ scheme5 289.723 14.802 2.82S 261, 794 12,627 2, 722 307,350 277, 143 The average numtr olpersMs employed tythe Charitable Company during the yeaf was as follows.. 2023 No. 2022 No. Provigon of community transFrfJrt Management arNI administratxrf) 17 16 19 18 No employee feceived reMuwat￿ aniountiNJ to more than £60.DOO in eithsr year. Ouring the key nwagwnent femur￿11￿ of £40.794 (2022". £40,794) was pakl. Trusto•s' r•munerdtion and expense5 Oufing the year. rK) Tnjstees Tecived any remuneraiion or beneffts (2022. £NIV. During the year ended 30 September 2023, no Tnstee eypenses have incLwred (2022- £NII), Page 21

NORTH DORSET COMMUNITY ACCESSIBLE TRANSPORT- NORDCAT (A company limited by 9uafante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 10. Tangible fixed assets Long-temi leasehold Plant and property machlnery Motor Flxtures Computer vehicles and fftilngs equlpment Tolal C(vst or valuatk>n At 1 October 2022 Additions Disposals 7.310 18.992 573,062 31,361 113.303) {382.573) 6.561 5.311 611.226 31.361 14,832) 1407,2591 16.5511 At 30 September 2023 7.310 5,689 221.850 479 235,328 Depreclatlon At l Odober 2022 Charge for the sear On disposals 7,310 18.992 488,732 29.221 113.3031 1330.8931 6,551 5.311 526,896 29,221 {4,8321 135S.579) {6.551} At 30 Septemt¢r 2023 7.310 187.060 479 200.538 Net book valug AI 30 September 2023 ¥790 34,790 At 30 September2022 84.330 84.330 IrKluded within fix&Y assets are Mot￿ vehicle$ held under hire ￿N￿ase with a nel book value of £5.04012022.. É65.6081. Page 22

NORTH DORSET COPAAIUNITY ACCESS18LE TRANSPORT. NORDCAT IA ¢ompany limltsd ty guafantael NOTES TO THE FIIIANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 11. Flyed assgt Inv¢slments Investments sub$idiary companles At l October 2022 tmsposals Nel I￿0k value At 30 Septenthr2022 12. 1)btorn 2023 2022 Du• wlthln on• y•af Trade debtors Other debtors Prepayments and accnjed income 34,660 5.575 5,31B 5,272 298 45.553 6, 150 13. Crodttots: Amounts falllng due wllhln one year 2023 2022 Trade creditors Amr4Jnts owed to group undertakirvjs Other taxation and socia securty Obligalions undw finance lease and wKthase oyrtraGts Other ¢rediltYS Accry￿18 8n¢J deferred income 4.262 (182J 9,982 9,900 3.382 56,233 4,326 3,249 3.674 28.998 67.009 14. Cr•dIto￿. Arnounts falling due after more than one y¢r 2023 2022 Page 23

NORTH DORSET COMMUNrff ACCESS18LE TRANSPORT- NORDCAT (A company Ilmiled by guarnnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 14. Credltoys: Amounts fallin9 due after more than one year (continued) 2023 2022 Net obligations under ffinan￿ lease and hire purchase contrads 943 24, 147 Page 24

NORTH DORSET COMPAUMITY ACCESSIBLE TRAMSPORT- NORDCAT IA company limited by guarante•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 1S. Statement olfunds Statement ol funds- current y•ar 8alan¢• at 8alance at 1 (ktobeT 2022 Sgplember 2023 Incorn• Expendfture Unrestricted funds 4S.421 031050 1712.7941 164,684 Statement of funds- prfor year B8lance at 30 September 2022 Balanc& al l Odobe 2021 Ino)me Expenditure Unrestricted funds ReseThes 24.451 687, 159 (666. 782J 45,428 16. Summary ol funds Summary olfuftds- current year aalance at 30 Septembèr 2023 8alanc• at 1 Octob•r 2022 Inwme Expendlbjrg General fvnds 428 832,060 1712.7941 164.684 Page25

NORTH DORSEf COMPAUNITY ACCESSIBLE TRANSPORT- NORDCAT IA ¢L¥Thpany Ilmil¢d by 9uarantwl NOTES TO 7HE FINANCIAL STATEAqENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 16. Summary offunds {continuedl Summary offunds - prlor year Balance al 30 September 2022 8alanc8 at i Odober 2021 Incr)me Expgndkure General ftmds 24.451 687. 159 (666, 182) 45.428 17. ATratysls of net assets between lunds Analysls al n•t assets b•t*e•n funds- ¢unent y•ar UTrrestrlctad funds 2023 Total futTrds 2023 Tangible fixed assets Current assets c￿dItorS due wtthin one ￿ar Cfeditors ¢Juo in MO￿ than one ye¥ 34.789 159,836 128,9991 19431 34.789 159,836 128,9991 {943 Tolal 164,684 164,684 Analysls of net assets between funds. prlorye•r Unrestricted funds 2022 Tolal fvnds 2022 Tan￿ts[e fixed assets Fixed asset investmants 84,330 84.330 Current assets Creditors due willin one Jpar Creditors due in more than one 52,253 (67,C(t9J (24. 147) 52,253 (67,009) (24, 147) Total 45,42f 45,427 Page 26

NORTH DORSET COMMUNITY ACCESSIBLE TIIANSPORT- NORDCAT IA company limlted ty guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 18. Reconclllatlon ol net movement In funds to net cash flow from operatlng activlties 2023 Nel income for Ihè year (as per Statement of Financial ktivitiesl 119.257 Adjustments for: Depreciats'on charges Decrease in debtors Deerease in cw*tors 29.220 39A03 160.3001 Net cash provided by operatlng actlvilies 127.$80 19. Analysb of ¢ash and cash equlvalents 2023 Cash in harKI 114.283 Total cash and cash equivalents 114,283 Analysis of changes In nel debt At30 September 2023 October 2022 Cash flo Cash at bank and in harKI Finance leases 46.103 (80.380 68.180 69.538 114,283 110,842) 134.2ni 137.718 103,441 Pap 27

NORTH DORSET COMMUNITY ACCESSIBLE TRAtISPORT. NORDCAT IA ¢(xnpany Ilmit¢d by guaranleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023 21. Penslon commitments The group operates a defined contribution pension scheme. The assets of the scheme ale held separately from those of the group in an independently administered lund. The pension cost ¢harge represents contributions payable by the group lo the and amounted to £909 (2022 - £2,932) were payable to the fLThJ al the balance sheet date and are induded in uedrtots. Members. IlabS1ty Each member of the charitable company undertakes to c￿tribUte to Ihe as5els of the company in the event of il being wound up while helshe is a member. ￿ vrithin one year after helshe ceases to be a member, such amount as may be reffjired, not ex¢eedry £10 for the debts aThJ liabilits'es contracted before helshe eeases to be a member. 23. Related party transactk*ns During the pef￿ NORDCAT made the following trans￿$ wilh a business run by key management personnel's family.. Rental income totalling nil12022.' nil) 7hilh nil ¢xiThJ al both year ends - Vehicle expenses In(￿rTed lotslling nil {2022: nil) wilh a debtor of r¥1 {2022". nil} induded in creditors at the year end. Pa9e 28