Reglstered number: 04180535 Charlty number: 1089874 MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) UNAUDifED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 •AE7HHUY)' 3010712025 COMPANIES HOUSE A23 Seavor (Swrth Cumbrfa) Umlted Chartered Actountants 12 The Office Mardale Road Pentith Cumbria CAII 9EH
MERSflSIDE TRANSPORT TRusf (A tompany limited by guarantee) CONTENTS OF THE UNAUDITED FINANCIAL sfATEHENTS FOR THE YEAR ENDED 31 MARCM 2025 CONTENT8 Page R8ference and adrnlnlstr8t6ve detall$ ol the Charlty, Its Tn>slees and athsers Tnsstees, report 24 Independent examinerfs report Stalemenl of finandèl acllvllle8 Balanca stteet Notes lo ffinanGial statements 9-19
MERSEYSZDE TRANSPORT TRusf (A company limited by guarantcc) CONTINTS or THE UNAUDITED fiNANCIAL sfATEMENTS FOR ThE YEAR ENDED 31 MARCH 2025 Trustses S J Kelty. Ch8ir A Pendleton A Rigby N M Hlllon. Secretary P M Cammack M S Peplow. Treasurer Company Regl8t•r•d Numb•r 0418(1535 Charlty Reglst•red Numbor 1089874 Prlnclpal Offlce 9 Edington Streel LNerpool L154NB Accountants Seavor {South Cumbria) Limited Ch8rteTed Accounlants 12 The oifice Mardale Road Penrith Cumbria CA11 gEH
MERSEYSXDE TRANSPORT TRusf (A company limited by guarantee) CONTENTS OF TIIE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 14ARCH 2025 TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Truslees present their annual report iogether with the financial slatements of the Merseyside Transport Trust lor Ihe year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustee5' report and a directors. report under company law. The TNstees confirm that the Annual report and fmancial ststements ol the charllable rryy comply with the current statutory requirements, the requirements of the tharitab companrfs governing document and the provisions of the Statement of Recommended Pradice (SORP) applicable to charilies preparing their accounts in accordance with the Financial Reporting Standard applTrcable in the UK and Republic of Ireland (FRS102) (effective l January 2019). Since the Charfty qualifies as small under seclion 382 of the Companies Act 2006. the Slrategic report requir8d of medium and large companies under the Companies Acl 2006 {Strategic R8POrt and Directors, Report) Regulations 201.3 has been omitted. Obj•cllv•s and actlvltles Policles and objectlves In setting obiecli'ves and planning for activrt5es, the Trustees have given due consltjeration to general gUIdan published by the Charity Commlssion relating to wblic benefit, induLling the guidance 'Public benefii: wnning 8 charity (PB2)'. Strategies for achfieving objectfves T.he.Trust has'organised and delivered several events designed to showcase the Trusfs collection to the general publlc whlch provlde a supplementary income stream to support the ongoing maintenance and restoration of vehicles in Ihe lIe10n. Actlvltles undertaken to achleve objectlves In addition to the organlsed events detalled in the "Revlew of Actlvltles" sectSon below, the Trust has provided skills development opportun5tles for volunteers aclivety working (under supervision) on restoration and maintenance of the Trusfs vehldes at its BUrsugh bas8. A¢hlevements and perfornian Review of aGtivitl The Trust held iwo events during the period under review, a Beer & Buses Day in April and 8 Llverpool Classic Bus Running Day In September. Both were well patronlsed and successful events. Restoration proceeded on a number of vehides under Ihe supeThision of skilled craftsmen wlth willing vojunteers spurTed on by healthy levels of sponsorshlp. Fundraising activities and income generation MernbeTship sub5criffjionE and particularty donalions trom Members and Friends of Ihe Trust were augmented by donations and sales arising directly from the two events organised during the year. Further rental income was received from individual vehicle Owne and the 502 group. Investment policy and performan The TteeS operate th the goveming document. the MemoTandum aml Arb'cles of AssoclallL having regards to the guidance provided by the Charltles Commission and in accordance wllh the Trustees Act 2000.
MERSEYSZDE TRANSPORT TRUST (A company limitod by guarantee) CONTINT•f OF THE UNAUDrrED FINANCIAL STATEHENTS FOR ThE YEAR ENDED 31 MARCH 2025 Financlal rèvlew Golng concern After making appropriate enquiries, the T(ustees have a reasonable expectation that the Chanty has adequate resources to continue in operational existence for Ihe foresee8ble future. For this reason. they continue to adopt the going conc4m basis In preparing the financial statements. Further details regardlng the adoption of Ihe going concem basis can be found in the accounting poIic4es. Reserves policy The Trustees have reviewed the charity's requirement for reseNes. The TnJst has a significant number of vehides awaiting festOTaiion as well as an overfidillg requirement to keep Ihe enti ollection in a secure. safe undercover storage. In the longer term this requirement would be best mel by acquiring a suilable freehold storage site as opposed to the Current renled premises. Having regard to these matters the Trustees believe the current level of reseNes to bé adequate; tha intention over the medium to long tem will be progressively to augment them, Princlpal rlsks and uncertainties The Trustees have assessed the major risks to whith the ¢*arlty is oxposed, In partiuJlar ihose related to the operatlons and finances of the charty and are satlsfied that systems and procedures are in place to mitlgate our exposure to the major rlsks. Stnicture. govemance and mana9•m•nt Constitution Merseyside Transport Trust is reglstered as a charltable company limited by guarantee and was set up by a Memorandum of Assoclallon. IAethods of appolntment or electlon of Tte0S The management of the Charity is the responsibilty of the Trust88s who are 81ected and co-opted under the terms of Ihe Memorandum of Assoclatlon. Organisatlonal stnicture and declslon4naklng pollcles The Trust benefits from a "flat. organisational structure. Decision making is a stratghtfoTward process - there are no sub-committees or management commlttee. The Trustees typically meet on 8 monthly basls andlor as requlred and recelve reports from the Chalrman, Treasurer and Secretary. Th8 Treasurer also circulates a monthty fmancial report electronicalty independent Trustees, meetings. Pollcle8 •doplad for th• Induetlon and lrnlnlng of Trust••s New Trustees are provided with the Trusfs key flocuments and exlsllng Trustees mentor them and explain the Twsl's operational details, The Charilies CommFssion leafiet °Re5ponsibility ol Charity Trustees" is also provided to new Trustees. Financlal rlsk management The Trustees have assessed the major risks to whiGh the Charity is exposed. in particular those related to the operations and finances of Ihe Charity. and are satisfied that syslems and procedures org in place to miligate exposure to Ihe major risks.
MERSEYSIDE TRANSPORT TRUST (A company Ilmited by guarantee) CONTCNTS or TIIC UNAUDITED fINANCIAL ATEMENTs FOR THE YEAR ENDED 31 MARCH 2025 Statement of Trustees. rnsponsibilities The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees. report and the financial stalements in accordance with applicable law and United Klngdom Accountlng Standards (Unlted Klngdom Generally Accepted Accountlng PractSce), Company law requires the.TTuslees to prepare financial statements for each financial . Under company low. the TrU•tQc• must hot approve the financlal ctatomontc unleGG thoy aro taliEfied th31 Ihay glve a Irue ond falr vicw ofthe. lato of affairs of thc Charity and of itc incoming resources and 3pplication of resources, including its income and expenditure, for Ihat period. In preparing these financial statements. the Twstees are required to: select suitable accountlng policies and then appty them consistenlly: observe the methods and principles of the Charities SORP (FRS 102); make judgments and accounting estimales that are reasonable and prudent. state whether applicable UK Accounting StarKlards {FRS 102) have been followed, subjecl to any material departures disclosed and explained in the financial slaternenis., prepare the financial ststements on the going concern basis unless it is inapproprlate to presume that the Charity will continue in business. The Trustees are responsible for keeping adequate accounling records thal are sufficienl to show and cxplain the ChariW= tranvvJaction4*• and disdose with reasonable accuraGy al any lime the financial posrtion of the Charity and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding Ihe assets of Ihe Charity and hence for taking reasonable Steps for the prevenlion and delectSon of fraud and ott)er Irregularilies. hpprovod by ordor of tho mombor8 of tha board of TFU8tees on rt and slgned on thelr behalf by.. sJ/J4 S J Kelly (Chair of Tnjstees)
MERSEYSIDE TRANSPORT TRusf (A company limited by guarantee) CONTINTS or TI4E UNAUDrriD FINANCIAL sfATEME.NTS FOR THE YEAR ENDED 31 MARCH 2025 INDEPENDENT EXAMINER'S REPORT FOR THE YEAR E14DED 31 MARCH 202S INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MERSEYSIDE TRANSPORT TRUST (the 'charW) I report to Ihe charty Trustees on my examination of the accounts of Ihe charity for the year ended 31 March 2025. Thls report is made solety to th8 charity's Trustees. as a boty. In accordance with Part 4 of the charits'es (Accourts and Reports) Regulation5 2008. My work has been undertaken so that I might stste to the charivs Trustees those matter51 am required to stale to them in an independent examinerfs report and for no other purpose. To the fullest extent pemiitted by law, I do not 8CGept or assume responsibility to anyone other than thc chority and the tharity J TrUteep as a body. for my work or for thls report. RESPONS181LmES AND BASIS OF REPORT As the Tnjslees of Ihe Chaiity (and Its dlrectors for the purposes of company law) y¢)u are responsible for the preparation of the accounts In accordance wlth the requirements of the Companies Act 21)06 ('the 2008 Having sat5sfied myseff thal the account8 of Ihe Charity ar8 not required to be audit8d undar Part 16 of the 2006 Act and are eligible for Independent examinatlon, I roport in rcspcct of my cxaminats'on of thc ChanV. accounts carrled out under secllon 145 of the Charll'es Act 2011 ('the 2011 Acf). In carrying out my examination I have followed the DircctionG givcn by Ihe Charity commiS1on undor 4*ection 145(5)(b) of tho 2011 ACL INOEPENDENT EXAMINER'S STATEMENT I have complgted my examination. l confirm that no matters have rA)me to rny attention in nnectiOn with the examlnation giving me ¢xuse to believe.. accoundng records wère not kepi in accordance with sectlon 130 of the Act; or the accounts did not accord with the accounling records; or the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Irue and fairf view which is not a matter considered 8s part of an independent examination. or The accounts have not been prepared in accordance with the methods and principles of the ststement of Recomfftended PraGtice for a(XXX1tin9 and reporting by tharities [8pplicable to charitles preparlng their accounts in accordance wlth the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)J. I have no concerns and have come across no other matters in connectlon with the examlnadon to whlch attention should be dfawn in this report in order to enable a proper under tanding of the accounts to be reached.
MERSEYSXDE TrANSPORT TRUST (A company limited by guarantee) CONTENT5 OF THE UNAUDThED FINANCIAL sfATEMENTS FOR THE YEAR EI4DED 31 BIARCH 2025 Jonaihan Mlller FCA DChA Seavor (South Cumbrla> Llmlted Chartered Accountants 12 The Office Mardale Road Penrith Cumbria CA119EH
MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) CONTENTS OF THE UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 14ARCH 2025 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENOITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Restrleted Funds 2025 Unrostrlcted Funds 2025 Total Fund8 2025 Total Furrfls 2024 Note Income from: Don811ons end legarAes 3.151 40,769 41920 43,117 Other tradlng acUvltie8 3,195 3,195 5.222 Investh)ents 4,141 4,141 1,148 Oiher inGome 9,660 Total InGome Expendlture on: Charitable aclivitles Total Expondltur• Net movement In funds Reconclllation of funds Total funds brought fOard 10,51B 97.394 107.912 100,155 Net movement In funds Total funds eonled frnrd 7.799 104,982 112 781 107 912 The statnent of financial aclSvlties Includes all gains and losses rocognised in the year. The notes on pages 9 to 19 fonn part of these financial ststements.
MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) CONTENTS OF THE UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Noto Cunent asset8 D8btors 827 587 Cash at bank and In hand 115 378 111.310 116,205 111,897 Credltors: amounts falllng du8 wlthln one year 12 Net Gurrent assets 112 781 107,912 Total assets less current Ilabilitles Creditors.. arnoun15 falllng due after more than ong year 112,781 107,912 13 Net assets 112 781 107.912 Tot•1 net ••*•ts 112 781 107 912 Charlty fund• Restricted funds 15 7.799 10.518 Unrestricted fvnds 15 104 981 . Totsl funds 112 781 107,912 The Charity was enlltled to exompiion from oudll under secllon 477 of the CompanleB Act 2006. The members have not fequiied the cc#np8ny to obtaln an audlt th• year in quesltijn in accordance wllh seclion 476 of Companies Act 2006. The Tnee5 acknowledge Ih8ir responsibilities for CL)mpiying with the requirements of Ihe Act ryth respect to accouniing rec¢)rds and preparaiion of fin8n¢ial statements. The financi815tatements have been pPared in accordance with the provisions applicable to enlities subject to the small companies regim•. The financial 818t8m8nts were ed and authorised for i88ue by the Tru81888 on r% and signed on Ih8ir b8h81f by: S J Kelly {Chatr of Trvslees) The notes on pages 9 to 19 fonn part of these financial slalements. M S Peplow reasurer)
MERSEYSIDE TRANSPORT TRUST (A company limited by gu3r3ntee) coKriNT• or THE UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. GENERAL INFORMAnON The charity Is a rx)mpany fimited by guaranlee. The members of Ihe company are the TnJstee8 named on page 1. In the event ol the charity being wound up, the liabilty In rwt ofthe guarantee is limited to £10 per rnember of the charity. 2. ACCOUNTING POUCIES 2.18asls of prcparatlon of financlal statements The fftianclal ststements have been preparBd frn accordance wlth the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice appllcable to chaTilies preparing their accounts in accordance wilh the Financial Reporting Standard appbcable In the UK and Republic of Ireland (FRS 102) (effectlve 1 January 2019), the Flnancial Reportlng Slandard applicable in the UK and Republic of Ireland {FRS 102) and the Companies Act 2006. Merseyside Transport Twst meets the definition of a public benefit entity under FRS 102. Assets and liabilltles are Inltlalty recognlsed at hlslorlcal cost or transaction value unless otherw5se slated In the relevant accounting policy. 2.2 Incom• All income is recognised once the Charity has entitlement to th6 income. it is probable that the income will be received and the amount of income receivable can be rneasured reliably. Income tax recoverable in relation to donations recelved under Gift Aid or deeds of covenant is recognised at the time of the donation. Income tax recoverable In relallon to Inveslment Income Is recognlsed at the tlme the Investrnent income is receivable. other income is recognised In the period in which il Is receivable and to Ihe extent the goods have been provided or on completion of the service.
MERSEYSIDE TRANSPORT TRUST (A company limited by gU74ranteo) CONTENTS OF THE UNAUDrrED FINANCIAL sfATEHENTS FOR THE YEAR ENDED 31 MARCH 2025 2.3 Expenditure Expendiiure is recognise(l once there is a legal or constructive obfigation to transfer economic benefit to a third party. It is probable that a transfer ol economic benefits will be required in setllement and the amount of the obligation can be measured reliabty. Expenditure is dassffied by activity. The c(Ets of each activity are made up of the total of direct costs and shared costs. Including Sup c<Jsts involved In Under eath aclivity. Dlrect costs attrtbutable to a single actimty are allo(xted directly to that acttvity. Shared costs which contribute to more than one activity and support costs which are not attributsble to a single activity are apportioned betsveen those activities on a basis consistent with the use of resources. Expenditur8 on clritable adivities is iTreA on directty undertaking the 8cITvib'es ththich further the Charity's objectives. as well as any associated support costs. All expenditure 18 inCs1Ve of irrecoverable VAT. 2A Inter•st r•celvabl• Interest on funds held on deposit is included when receivable and the amount can be measured reliabty by the Chariiy. this is normalty upon nolffication of the interest paid or payable by the Instilution wlth whom the lunds are deposlted. 2.5 Debtors Trade and other debtors are recognised at ths settlement amount after any trade discount offered. Prepayments ale valued at the amounl prepaid net of any trade discounts due. 2.6 Cash at Bank and In hand Cash at bank and In hand Indudes cash and short term hlghly liquld Investments wth a short maturity of three months or less from the date of acquisltion or opening of the deposit or similar 8ccount. 2.7 Llabllltl•8 and pwovl•lons LAbilities are recognised when there is an owtion at the Balance sheet date as a result of a past events, it is probable that a Iransfer of economlc b8nefjt will be requlred In settlement and the amount of the setuemenl can be estiFnated reliabty. Liabilftles are rewgnlsed at the amount thal the charty antlclpates tt will pay to settle the debt or the amount it has fe(xived as advanced payments for the goods or setvices it must provide. Provlslons are measured al the be esllmate of Ihe amounts requlred to settle the obligallon. Where the effect of the time value of money is material. the provision is based on the present value of those amounts discounled at the pr&tax discount rate that reflects the risks specific to the liablllly. The unwinding of the discount Is recognised wlthin interesi payable and similar tharges. 2.8 Financlal instrument• The charity onty has financial assets and financlal liabilitses of a kind that qualify as baslc financial instruments. BasiG financial instruments are initially recognised at transaction value and subsequenuy rne8suTed at Iheir settlemenl v81ue wilh the exception of bank loans which are subsequenlly measured at amortlsed cost using the effectsve interest method. 10
MEIISEYSIDE TRANSPORT TRusf (A company limlted by 9uarantee) CorENTs OF THE UNAUDThED FINANCIAL sfATEMENTS FOR ThE YEAR ENDED 31 MARCH 2025 2.9 Fund accounting General funds are unrestricted funds thith are available fw use at the thcretion of the Trustees in furtherance of the general 0.ectiveS of charity and which have nol been designated for other purposes. by donors or whith have been raised by the Charity for particular pury)oses. The costs of raising and adminlstering suth funds are charged agai1t the spe(afic fund. Restrided funds provided by Iwo donors are allocated to the restoration and upkeep of f4vo specific vehicles. A801 and A40. Inveslrnent inc(Kne. gains and losses are altha1 to the appropiats fund. 3. INCOME FROM t>ONATION AND LEGACIES Re51rlcted Funds 2025 Unrestrlcted Fund5 2025 Total Funds 2025 Donatlon• 2,600 551 34.081 36.681 Glft Ald 40,769 Restslcted Funds 2024 Unrestrlcted Funds Tolal Funds 2024 Donotlon8 Donations 2.220 33,Y8 35,568 Gift Aid 39.842 43.117
MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) CONTENTS OF THE U14AUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4. INCOME FROM OTHER TRADING ACTVITITIES Unrestricted Funds 2025 Total Funds 2025 Sale of Transport related il¢ms Total Funds 2024 Funds 2024 Sale of Transport related items 5. INVESTMENT INCOME Unrestricted Funds 2025 Total Funds 2025 Imerest receivable Llnrestricled Funds 2024 Tolal Funds 2024 Interest recefvabl
MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) coKrENTS OF THE UNAUDTTED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 6. OThER INCOMING RESOURCES iknrestrictsd Funds 202S Total Fun¢Js 2025 Rental incom8 Unrestricted Funds 2024 Total Funds 2024 Rental Income 7. ANALYSIS OF EXPENDrruRE ON CHARrrABLe AcnvrrIES Summary by fund type Restricteil Funds 2025 Unrestricted Funds 2025 Total Funds 2025 Storage. events, restrjrallon and mainienance 5,870 55.847 Restrtcted Funds 2024 Unra5tr1ctèd Funds 2024 Total Funds 2024 Storage. events. restor8t1 and maintenanr 2,912 48,478 51,390 13
MERSEYSIDE TRANSPORT TRusf (A company limited by guarantee) CONTENTS OF THE UNAUDTTED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 8. ANALYSIS OF EXPENDITURE BY ACTIVITIFS Ackn'vilies undertaken directy 2025 Support costs 2025 Total Funds 2025 Stmge, events, restoration and maintenanr 2.408 Act{tte8 undertaken dity 2024 Support Tot81 Funds 2024 2024 StDrage. events. restoratlon and malntenance 51,390 ANALYSIS OF SUPPORT cosrs Storage, evenls. stot*ion and malntenance 2025 Total funds 2025 Admlnlstrative expenses Printing. postsge and stationery Governan 6t$ 1.720 634 1.720 634 Conunuedl 14
MERSEYSIDE TRANSPORT TRU (A company limited by guarantee) CONTENTS OF THE UNAUDrrED FXNANCIAL sfATEMENTS FOR TME YEAR ENDED 31 MARCH 2025 Icontlnued Storage, events. restoration and Maintenance 2024 Tot81 funds 2024 Admlnistratfve expenses Printing, poslage and stationery Governance costs 25 25 2,373 493 2,373 493 2,891 2.891 ANALYSIS OF DIRECT COSTS Slorage. events, restornfjon arKI maintenance 2025 Total funds 2025 Rent. rates and other premises cosls Heal and ITghl Insurdnces Vehide expense6 Reslorallon costs Open day costs 37.945 778 2,241 5,113 7.149 37,945 778 2,241 5,113 7,149 212 212 Continuedl 15
MERSEYSIOE TRANSPORT TRusf (A company limited by guarantee) CONTENTS OF THE UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Icontlnued Storage. events, restorntion and maintenance 2024 Total funds 2024 Rehl. tales and olher premltses cos Heat and light Insuran5 35.878 675 35,878 675 2.027 S.321 1843 1.181 574 2.027 5,321 2.843 1,181 574 Vehlde expenses Open day Gosls Sales stands 48.499 48,499 ANALYSIS OF SUPPORT cosrs Storage, events, restoraiion and maintenance Tolal funds 2025 2025 Adminislratsve expenses Printing, postage and statlonery Govemance Gosts 55 1.720 634 1.720 634 2.409 2.409 Contlnuedl 16
blERSEY51DE TrANSPORT TRusf (A company Ilmlted by guarantee) CONTENTS OF THE UNAUDITED FINANCIAL STATEMENTS POR THE YEAR ENDED 31 MARCH 2025 Icontsnued Storage. events. restoration and maintenance Total lund8 2024 2024 Admlnlstratlve expenses Printing. postage and ststionery Govemance costs 25 2,373 493 25 2,373 493 2.891 9. ZNDEPENDENT EXAMINDER'S REMUNERATION 2025 2024 F88s payab lo Ihe Chartty's Independenl examlngr lor the Independ1 examlnatlon of the Charitys annual accamls 500 10. DEBTORS 2025 2024 Oue wlthln one year 827 587 I I. CAEDITORS: AMOUNTS FALLING DUE wrrHIPI ONE YEAR 2025 2024 Accnmls and defeffed Income 3,424 12. CREDrroRS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2025 2024 Aclyuals 8nd deferred income
MERSEYSIDE TRANSPORT TRUST (A company limited by guarantee) coKrENTS OF THE UNAUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. FINANCIAL INSTRUMENTS 2025 2024 FlnanGlal assets Fin8Thid a5set5 MeasUd at 18ir value through income and expenditure 115.374 111.310 Flnanclal assets measured atfalrvalue through Income and expenditure compiise cash and bankbalances. 14. sfATE14ENT OF FUNDS STATEMENT OF FUNDS - CURRENT YEAR Balance at 31 March 2025 Balance at 1 Aprll 2024 Inwne Expenditure Unrostrlct¢d lund$ General funds RtrIcted fvnd• Restrlcted funds Total of funds 107912 60,716 55,847 112,781 Balance al 1 April 2023 8818nce at 31 Marc* 2024 Income Expenditure Unmtrlct•d lund• General funds 90,000 55,872 48,478 97,394 Restrl¢ted fvnds R8stricted funds 10.155 10,518 TotBI of fund& 100.155 107 912 18
MERSEYSZDE TRANSPORT TRusf (A company limited by guarantee) CONTENTS OF THE UNAUDThED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF 14ET ASSEfs BEfwEEN FUNDS - CURRENT PERIOD Reslrfcted lunds 2025 Unreslrfcted funds 2025 Totsl funds Current a86e18 7.799 108.406 116,205 Credltors due within one year 3,424 3.424 Total 104 978 112781 ANALYSIS OF NET ASSETS BETWEEN FUNDS ~ PRIOR PERIOD Restricied funds 2024 Unreslricted lunds 2024 Total lund5 Current asseis 10.518 101,379 111,897 Credltors due wlthln ¢)ne ye8r 3.985 3.985 10.518 107.912 19