Charity registration number 1091986
Company registration number 04365607 (England and Wales)
Diss & District Community Transport Association Ltd Annual report and unaudited financial statements For the year ended 31 March 2025
Diss & District Community Transport Association Ltd
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | Mr B M Riches |
|---|---|
| The Revd M M Kingston | |
| Mr E A Bird | |
| Mr J Clark | |
| Charity number (England and Wales) | 1091986 |
| Company number | 04365607 |
| Registered office | 40 Fuller Road |
| Harleston | |
| Norfolk | |
| IP20 9EA | |
| Independent examiner | Hayden Watson |
| Elstree House | |
| Watson's Yard | |
| High Street | |
| Cottenham | |
| Cambridge | |
| CB24 8RX |
Diss & District Community Transport Association Ltd
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the financial statements | 7 - 15 |
Diss & District Community Transport Association Ltd
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".
Objectives and activities
The company mission statement is "to provide an affordable transport service to those who, for whatever reason, are without personal transport or unable to use scheduled buses and who would benefit by being transported to and from their homes to the facilities they require."
The directors' strategic objective is to continue
-
a. to meet the needs primarily for those who are in need because of age, mental or physical disability or poverty in particular but not to limit this to any local person.
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a. to assist the charitable work of organisations and bodies engaged in promoting the relief of such persons through the provision of appropriate services.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
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Diss & District Community Transport Association Ltd
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
REVIEW OF THE YEAR
The principal activity of the charity in the year ended 31 March 2025 under review was the operation of a community bus service.
The trustees of Diss & District Community Transport Association Limited have considered and complied with the duty section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission, including public benefit guidance.
We employ five members of staff of whom one is part time. Our staff are well respected by our passengers for the caring nature that they bring to the business. The day-to-day operational responsibility of the business was in the hands of the Transport Manager, Tom Clarke.
The dial-a-ride service can be used by members who need to reserve a trip at least 48 hours in advance. Most trips are to the main areas of population of Diss, Harleston and Long Stratton, taking people from their villages to shops, medical appointments, and other essential services.
During the year, there were 3,924 journeys in Norfolk (2023/24 – 3,879) and 1,413 journeys in Suffolk (2023/24 – 1,041). In addition to the main dial-a-ride service, we organised 79 members outings transporting a total of 1,366 passengers.
We also operate a group-hire service to enable local voluntary organisations to use our buses to take their members to meetings or on special outings by using our own, or volunteer drivers. This service, has the benefit to Diss & District Community Transport Association Limited of utilising some of our surplus capacity and cross-subsidising our core dial-aride business.
Our operation of school contracts for Norfolk and Suffolk County Councils raises funds to subsidise our core dial-a-ride business by bringing in additional income during the year.
We are grateful for financial support received during the year:
Bullock Fair Charity Shop gave donations / grants of £9,500. We also received the following grants from County Councils during the year;
Norfolk Count Council £30,858 (2023/24 - £30,858)
South Norfolk District Council £13,146 (2023/24 - £13,146)
The trustees wish to thank all staff, volunteers, and supporters for their commitment and contribution throughout the year.
During the year, Brian Riches continued as Chairman.
ACHIEVEMENTS AND PERFORMANCE
Operationally the Dial-a-Ride bus service has provided £11,334 and completed 7,965 passenger trips.
Total mileage in 2024/25 was 55,710 miles.
Financial review
Reserves policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. We also try to keep £25,000 in the Bus Club for emergency replacement of buses.
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Diss & District Community Transport Association Ltd
TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Structure, governance and management
The charity is a company limited by guarantee under company number 04365607 and is governed by its Memorandum and Articles of Association dated 1st February 2002.
The charity is also known in the local area under the alternative name of Borderhoppa.
The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:
Mr B M Riches
The Revd M M Kingston
Mr E A Bird
Mr J Clark
Recruitment and appointment of trustees
New trustees are recruited via invitation. If the proposed trustee accepts the invitation, then the new trustee is appointed by a resolution at a meeting of trustees at which there is a majority of the trustees present. This is formally documented via a memorandum of appointment of new trustees under the Charities Act 2011 part 18 (section 334). None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up.
The company's current policy concerning the payment of trade creditors is to follow the CBI's Prompt Payers Code (copies are available from the CBI, Centre Point, 103 New Oxford Street, London WC1A 1DU).
The company's current policy concerning the payment of trade creditors is to:
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settle the terms of payment with suppliers when agreeing the terms of each transaction;
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ensure that suppliers are made aware of the terms of payment by inclusion of the relevant terms in contracts; and
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pay in accordance with the company's contractual and other legal obligations.
The trustees' report was approved by the Board of Trustees.
.............................. .............................. Mr B M Riches Mr J Clark Trustee Trustee Date: .............................................
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Diss & District Community Transport Association Ltd
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF Diss & District Community Transport Association Ltd
I report to the trustees on my examination of the financial statements of Diss & District Community Transport Association Ltd (the charity) for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examiner's statement
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 that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or
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4 the financial statements 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 financial statements 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 financial statements to be reached.
Hayden Watson
The MHH Parternship Elstree House Watson's Yard High Street Cottenham Cambridge CB24 8RX
Dated: .........................
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Diss & District Community Transport Association Ltd
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 67,088 705 Charitable activities 4 96,710 - Investments 5 3,151 - Total income 166,949 705 Expenditure on: Raising funds 6 750 198 Charitable activities 7 158,610 - Total expenditure 159,360 198 Net income/(expenditure) and movement in funds 7,589 507 Reconciliation of funds: Fund balances at 1 April 2024 65,562 28,340 Fund balances at 31 March 2025 73,151 28,847 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 67,793 60,530 993 96,710 87,800 - 3,151 2,950 - 167,654 151,280 993 948 - 309 158,610 160,374 - 159,558 160,374 309 8,096 (9,094) 684 93,902 74,656 27,656 101,998 65,562 28,340 |
Total 2024 £ 61,523 87,800 2,950 152,273 309 160,374 160,683 (8,410) 102,312 93,902 |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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Diss & District Community Transport Association Ltd
BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities The funds of the charity Restricted income funds 17 Unrestricted funds 18 |
2025 £ 13,605 93,217 106,822 (7,074) |
£ 2,250 99,748 101,998 28,847 73,151 101,998 |
2024 £ 10,750 89,365 100,115 (6,213) |
£ - 93,902 |
|---|---|---|---|---|
| 93,902 | ||||
| 28,340 65,562 |
||||
| 93,902 |
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the trustees on .........................
.............................. Mr B M Riches Trustee
Company registration number 04365607 (England and Wales)
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
Charity information
Diss & District Community Transport Association Ltd is a private company limited by guarantee incorporated in England and Wales. The registered office is 40 Fuller Road, Harleston, Norfolk, IP20 9EA.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
1.4 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment 25% reducing balance Motor vehicles 25% reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.9 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts 12,834 705 Grants 54,254 - 67,088 705 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 13,539 16,386 993 54,254 44,144 - 67,793 60,530 993 |
Total 2024 £ 17,379 44,144 |
|---|---|---|
| 61,523 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 3 Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 £ £ Donations and gifts Membership fees 2,951 - Members donations 293 - Bullock Fair Charity Shop 2,500 - Bus Club - 705 NFU Donation - - South Norfolk Council - - GWN Trading 7,000 - Other 90 - 12,834 705 Grants Norfolk County Council 30,858 - Parish Council 250 - South Norfolk District Council 13,146 - Suffolk County Council 10,000 - 54,254 - 4 Income from charitable activities Fares County council contracts 2025 2025 £ £ Community transportation 40,187 56,523 Analysis by fund Unrestricted funds 40,187 56,523 |
Total Unrestricted Restricted Total funds funds 2025 2024 2024 2024 £ £ £ £ (Continued) 2,951 3,076 - 3,076 293 788 - 788 2,500 - - - 705 - 993 993 - 3,222 - 3,222 - 300 - 300 7,000 9,000 - 9,000 90 - - - 13,539 16,386 993 17,379 30,858 30,858 - 30,858 250 140 - 140 13,146 13,146 - 13,146 10,000 - - - 54,254 44,144 - 44,144 Total Fares County council contracts Total 2025 2024 2024 2024 £ £ £ £ 96,710 30,026 57,774 87,800 96,710 30,026 57,774 87,800 |
Total Unrestricted Restricted Total funds funds 2025 2024 2024 2024 £ £ £ £ (Continued) 2,951 3,076 - 3,076 293 788 - 788 2,500 - - - 705 - 993 993 - 3,222 - 3,222 - 300 - 300 7,000 9,000 - 9,000 90 - - - 13,539 16,386 993 17,379 30,858 30,858 - 30,858 250 140 - 140 13,146 13,146 - 13,146 10,000 - - - 54,254 44,144 - 44,144 Total Fares County council contracts Total 2025 2024 2024 2024 £ £ £ £ 96,710 30,026 57,774 87,800 96,710 30,026 57,774 87,800 |
|---|---|---|
| 17,379 | ||
| 30,858 140 13,146 - |
||
| 44,144 | ||
| Total 2024 £ 87,800 |
||
| 87,800 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
5 Income from investments
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Interest receivable | 3,151 | 2,950 |
6 Expenditure on raising funds
| Unrestricted Restricted funds funds 2025 2025 £ £ Fundraising and publicity Other fundraising costs - 198 Trading costs Depreciation and impairment 750 - Total costs 750 198 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 198 - 309 750 - - 948 - 309 |
Total 2024 £ 309 |
|---|---|---|
| - | ||
| 309 |
7 Expenditure on charitable activities
| Fares and | Fares and | |
|---|---|---|
| council | council | |
| contracts | contracts | |
| 2025 | 2024 | |
| £ | £ | |
| Direct costs | ||
| Staff costs | 69,108 | 60,953 |
| Busses running costs | 42,123 | 48,462 |
| Training | 105 | 122 |
| Costs of outings | 1,509 | 1,426 |
| 112,845 | 110,963 | |
| Share of support and governance costs (see note 8) | ||
| Support | 41,952 | 45,934 |
| Governance | 3,813 | 3,477 |
| 158,610 | 160,374 | |
| Analysis by fund | ||
| Unrestricted funds | 158,610 | 160,374 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8 Support costs allocated to activities
| Staff costs Subscriptions Insurance Repairs and maintenance Computer costs Stationery, postage and printing Telephone Advertising Premises costs Sundries Pension admin costs Governance costs Analysed between: Fares and council contracts 9 Net movement in funds The net movement in funds is stated after charging/(crediting): Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets |
2025 £ 30,903 120 627 65 337 436 1,209 - 7,478 460 317 3,813 45,765 45,765 2025 £ 3,813 750 |
2024 £ 35,338 120 439 245 225 623 1,171 850 6,084 581 258 3,477 |
|---|---|---|
| 49,411 | ||
| 49,411 | ||
| 2024 £ 3,477 - |
10 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
11 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 |
|---|---|
| Number | Number |
| 4 | 5 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 11 Employees Employment costs Wages and salaries Social security costs Other pension costs |
(Continued) 2025 2024 £ £ 95,666 92,931 2,777 1,645 1,568 1,715 100,011 96,291 |
(Continued) 2025 2024 £ £ 95,666 92,931 2,777 1,645 1,568 1,715 100,011 96,291 |
|---|---|---|
| 96,291 |
There were no employees whose annual remuneration was more than £60,000.
12 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
13 Tangible fixed assets
| 13 Tangible fixed assets |
|
|---|---|
| Plant and equipment Motor vehicles £ £ Cost At 1 April 2024 4,415 96,541 Additions - 3,000 At 31 March 2025 4,415 99,541 Depreciation and impairment At 1 April 2024 4,415 96,541 Depreciation charged in the year - 750 At 31 March 2025 4,415 97,291 Carrying amount At 31 March 2025 - 2,250 14 Debtors 2025 Amounts falling due within one year: £ Trade debtors 6,873 Other debtors 2,989 Prepayments and accrued income 3,743 13,605 |
Total £ 100,956 3,000 |
| 103,956 | |
| 100,956 750 |
|
| 101,706 | |
| 2,250 | |
| 2024 £ 5,141 2,698 2,911 |
|
| 10,750 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
15 Creditors: amounts falling due within one year
| 15 Creditors: amounts falling due within one year |
||
|---|---|---|
| Other taxation and social security Trade creditors Other creditors Accruals and deferred income 16 Retirement benefit schemes Defined contribution schemes Charge to profit or loss in respect of defined contribution schemes |
2025 £ 1,975 2,929 895 1,275 7,074 2025 £ 1,568 |
2024 £ 1,535 3,067 486 1,125 |
| 6,213 | ||
| 2024 £ 1,715 |
The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.
17 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At | 1 | April 2024 | Incoming | Resources | At 31 March | At 31 March | |
|---|---|---|---|---|---|---|---|
| resources | expended | 2025 | |||||
| £ | £ | £ | £ | ||||
| 28,340 | 705 | (198) | 28,847 | ||||
| Previous year: | At | 1 | April 2023 | Incoming | Resources | At 31 March | |
| resources | expended | 2024 | |||||
| £ | £ | £ | £ | ||||
| 27,656 | 993 | (309) | 28,340 |
18 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At | 1 | April 2024 | Incoming | Resources | At 31 March | |
|---|---|---|---|---|---|---|
| resources | expended | 2025 | ||||
| £ | £ | £ | £ | |||
| General funds | 65,562 | 166,949 | (159,360) | 73,151 |
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Diss & District Community Transport Association Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 18 | Unrestricted funds | (Continued) | ||||
|---|---|---|---|---|---|---|
| Previous year: | At | 1 April 2023 | Incoming | Resources | At 31 March | |
| resources | expended | 2024 | ||||
| £ | £ | £ | £ | |||
| General funds | 74,656 | 151,280 | (160,374) | 65,562 | ||
| 19 | Analysis of net assets between funds | |||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | |||||
| 2025 | 2025 | 2025 | ||||
| £ | £ | £ | ||||
| At 31 March 2025: | ||||||
| Tangible assets | 2,250 | - | 2,250 | |||
| Current assets/(liabilities) | 70,901 | 28,847 | 99,748 | |||
| 73,151 | 28,847 | 101,998 | ||||
| Unrestricted | Restricted | Total | ||||
| funds | funds | |||||
| 2024 | 2024 | 2024 | ||||
| £ | £ | £ | ||||
| At 31 March 2024: | ||||||
| Current assets/(liabilities) | 65,562 | 28,340 | 93,902 | |||
| 65,562 | 28,340 | 93,902 |
20 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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