OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2025-03-31-accounts

Chwfty rn91gti•tion numb•r 1098025 (England •nd W•1￿) CThnpany r•gists*tion nuM￿r 047f0761 FELIXSTOWE AREA COMMUNrrY TRANSPORT LTD FACTS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 •AÈFIIK41' 17111R025 COMPANIES HOUSE

135

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS LEGAL AND ADMINISTRATIVE INFORMATION Trust•o8 Mr S MrRCNice IAr l Read Mr J Smthsr {Apwnted 28 May 21R41 Charlty numb•r IEngland and Walqsl 1098025 Company nurnbgr 04710761 PrlncSpal addr•ss Portakabin Garrison L￿￿ Car Pa Felixsttr*e Suffolk IP117SH R•glst•w•d offic• The Portakabwi Garrtson la￿ Car Pa Felvxstth IP11 7SH Iniltyond•n¢ •x•mln•r Laker Gi>JhM"n Ltd Unrt 3 Threswords Busi￿S Pa Irthorth Ro•1 Feeri

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS CONTENTS TnJste¢s' report staleft￿l ofTrustees' lThJependent exaff•Ws repjt Staterrnt of fina￿101 athiS Balance Sheet Notes to Ihe fmanLyal stanrts 7-13

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS TRUSTEES. REPORT (INCLUDING OIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Trustees their amjal repryt and ffinanLial ststements fty Ihe year 31 Marth 21YdS. The ffinandal statement5 have been Fyepared in accordan¢e wth acwinlwy poh.cies set out in note 1 to the naniial statements arThJ cc¥mpty vAth Ihe Charitys goverrrirvJ dowmwrt. the Coryjan￿s Aca 200S. FRS 102 'Tre Fina￿31 ReportifKJ StaTrJard applicabfe in IIE UK ar%1 REpUb￿G of IidaThJ" aThJ Chan"ls SORP "A¢counting 8ThJ Reporb'rvJ by chan1￿$.. Slatemenl of ReccffimeThJed PractKe appJ•L4t to charities wepariro their ac¢rAJnts in accordan￿ the Financial Reporb"ro SlaThJa￿ applicablè in the UK aTh1 Repubk of IrelaThl {FRS 102)-. ObJ•ctSv•s and actlvhles To prothde a communty trarw(¥t s￿ee for the inhabitants of Felxstvrte aThJ ifs rwihtourhotrj vtho ¥e in need 015uch a Sen￿￿￿ because of a9e, sickness or dtsth.hty Imth￿ ￿ ptysKall, pobety, or b￿uSe of a lack of availaL¥"lty or adequate and safe pubh"c tra￿pOrt. The aim of the wow"diThJ Crnr4ts Serffi￿, c(rn￿r￿ty Car Sernryce. Group Hire and Group Cty)trad $em￿S. Tf Trustees h8 paK1 due regafd lo gL￿an￿ is$l￿ by Its Ch¥ty Conmissi￿ in athwties the Chaiity should u￿lertake. Achlovomgnts wrfom In ad(Jition lo the ddi¥ery of accessl)le Irar6wl serwces lo members during ffinancial period, FACTS also replaced the portabk buihliThJ housed TrJr office. as rt was beyoThJ econoric repair. &"te dearan￿ began in Auwst. ith gr0￿dI￿)rks a￿1 pa¥ing laid ts lolthr9 month lo allow rEw buildirg lo be sited on 8 October. The incbjded carpets. tAinds aThJ nthv desks. alwJ Nmth installat￿ ol an air source heal pump and air conditioning to improve crnrfort erer9y efficiery. The offKe wa5 (wpkted and fiAy operational from the beginning of De￿Mter. An offio.al openirrfj was in January to thank the $￿porterS Ytho had hed to finance and complete the project - ¥thich was a sryrMfKant undertaking. tKrt that wll staThJ us in good stead lor many years to come. A n￿￿r ol ot￿r estates ￿91￿je$ ha7R aL80 teen conweted t￿$ year. irKluding exterior painbn9 ol the exisliry portable twildiThJ and security UFrfyades to exterTror IvJhtiTrJ arKJ CCTV - 85 vehides are now parf(ed overrmght at our Gamson Lane base. Flnanclal rovléw It ts the policy of the Chanty Ihat ￿restn.¢ted fiJThls rb)I been desKJnal&J fof a speofic use should be mainiained at a level equivalent to bets4Een Ihree and six rnonlh's expen(hture. The Tnjslees consider that resaves at this level wll ensure that. in the event ol a sNJnfficant drop in fiJnth"ro. tlw ¥wll be abk lo continue the Charity$ Jlrent arlivities thile conyderalK)n is gi¥en lo ways in •Jditional [￿1$ may be raised. Thi5 I￿1 of reseThes has been maintained through(￿ yew. Structuro. governa￿• and managornont The Charity is a corrJwry lirnrted ty guar￿. The Trustees. who a￿ •l$ts the direct￿5 ￿ Ihe Mjwpose of c*)nww law. ¥￿￿ seNed dLXiryJ year and up to the date of signatLwe ofthe fina￿la1 slalements ￿re.. Mr S Jenniigs MrRCNi¢e Mr J Heath¢o¢k Mr l Read Mr J Smilhson (Resgned 22 January 2025) IAwc•"nted 28 May 20241 TnJ51ees art apwwrted in ¥￿h ConwanyNJ1th5 ofA5￿)uati￿. Nc￿e ol tlw Trustses has any beneffual inte￿1 in the cwwny. M of ts TnLStee5 we merter5 of the company and guarantee to contribute £1 ￿ the elent ol a tAwKI1￿J up.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS TRUSTEES. REPORT IINCLUOING DIRECTORS. REPORT) ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Twstses. wa$ ap MrSJe Trust•• MrRCNice Trust40 Date.. .£.71,.1

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees, are also the directws of FeliXSt￿￿E Area C￿nM￿ty Transwt LttJ for the purpose of company law, are iespongAble lor p￿panr#j the Trustees. R￿rt aTrJ finan(aal S￿ler￿nts in aCC￿danCe wth applicable l•Y Unlied KwvJdcrfn A{x4J￿1Ir￿j StaThJards Iuirrited lfjtwom GewaltyAc(pled Accounting Prathcel. Company law requires Trustees to wepare ￿na￿la1 ststenYts ts eath finanDal year ¥¥"ch 9Ne a true aryl fa view of the stale of affairs of the Chanty atNJ of incOThri￿J festhwces aTrJ appk3ts"￿ of reswrces. Ir￿th"r9 Ihe i￿￿me and expendilure. ofthe thariiable conyny fot that year. In prepariThJ Ihese finanaal ststewts. ts Trustees a￿ wthred to: - selecl suitable accounting policies then appty Ihem consistenlly: - observe the methods and priroples In the Chanties SORP.. - make judgements and estimates Ihat a￿ reasonat4e and - state %thelher applicable LIK Accounkn"ng Standarts have been folov•ed. subpd to ary Material departures isdosed and explained in Ihe ffftanoal stalennts." a￿1 . prepare Ihe financgal stalemerts ￿ the going cuKem ba515 u￿3 it i8 inppycyiate to presunR thal Ihe Chwity 11 Contyn￿ in operab"on. The Tfustees are responsible for keepxng &Jequate acC￿1vj records Ihal ¢thsdose ¥￿t￿ wsonable acojracy at any lime the financ#al position ol the Chanty and enab them lo ensure that the financial statements compty with the Comparues Act ZOQ. They are also respon&"ble for safeguar(Jir#J the assets of ￿ Chanty aThJ for ta￿"n9 reasonable sleps ts ihe p￿￿entI￿ aThJ detecb.on ol fraL*J arkj otlw irregLAarityes.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF FEUXSTOWE AREA COMMUNITY TrANSPORT LTD I rew)rt lo the TnJstee5 eXamu￿b￿ ol ts frwK?al slme￿ of Felryslry1￿ATea CoMU￿ Trnns[￿rt Ltd It￿ Chantyl ftthe year eTrJed 31 Marth 2025. R•sponslblliti•s and bas1¥ ol Ywirt As Ihe Trustees of the Charity laThl also its t11￿￿￿¥S lor ihe pwposes of ¢¢mpany law). you are respons￿ for I preparation ofthe fi￿nCial slalements in accordan￿ the reqwerwts ol t￿ ComparriesAct 2006. Having sabsfie<l myseff thai ts finanoal of the Charity a￿ not required lo be audrted under Part 16 of the compan￿ Act 20(A and are dwJitAe for iThjep￿rrt exarnmab"￿, I report in respect ol my examinafy'on of the Charty's financial slatements rarried wwjer seixion 145 of the Chwilies Act 2011. In carying out my examinats.on I have f￿￿w￿j the Dweclw)rts given by ￿ Chanty cC￿￿Ssion under Seth"￿ 1495llbl ofthe Charrties A¢t 2011. Ind•p•ndwrt ex•mln•f$ ststwwDt I have compkted my exafftnation. I cmfimi that rn mattws ha¥e con to rry allention in Conne￿1￿ with the exarninab.c￿ giving me cause lo belie￿ Ihat in any nwierial resped". accountiThJ rec(¥ds Ere r•)t kept in re¥ed of Ihe Charty as wwed tyjf seLon 386 of the Companies Ad 2006. finanoal statement5 do nol accord ¥Ath tts)se recrKds.' LY Ihe f￿anual siatemenis do not comtty Ihe arKc￿ti￿j reqwenws of sedion 396 of ihe Cornpanie5 A 2006 other than any reQ￿reTr￿nt Ihat ts ffinanl1￿ Stat￿￿$ gNe a Inje and fair ¥￿. ¥%lN"ch is r￿){ a matter considered as part of an Inde￿I￿nI exaiTh"nath"on'. ( I1 fina￿al staterrtnts have not been wepared in a(ay/daI￿ tr arKI princirAes of Ihe Slatement ol Re￿rnn￿￿￿ed Practice ts accounliThJ and reportirrfJ by chant￿$ applicalje lo chaiities preparing Iheir finanaal statements in a¢cwdarKe Reprytirwj Standard a￿"¢at1& in the UK and Re￿￿1C of Ireland IFRS 1021. I have no con￿M$ ar•J cL¥ne a(mss no other mattu5 ￿ c(￿n V•ith ￿ exarriThtion to vknich attent￿n 5hwld be drJ4¥n in tr#5 report in ordertts enatrle a woper wthrstsryjirwj of ts ffinoal slalernents lo te rethd. Laker Goodwln Jon05 Ltd Unit 3 Thresltknds Bus¥￿ Pa In￿)rth Road Feering Essèx C05 9SE Dal•".

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 AIARCH 2025 Unr•stric￿ Unr•stricted funds fund$ 2025 2024 Incom• from: Oonations and legacies Charitable acti¥ilies 79,329 85.464 42,748 71.372 Total Incom• 164.793 114.120 Expendltur• on: Charitable actpiities 125.267 128,017 Total •xp•ndilur• 125.267 128,017 N•1 In¢onWl•xwidltur•) and fflov•mwt In funds 39.526 113,8971 RKonclllaUon of funds: Fund bala7￿5 al 1 Awil 2024 93,055 106,952 Fund balanev at 31 IAarc* 2025 132.581 93,055 The stalemenl ol ffinancial aclmbes ¥KkMles all gaTh ￿K)losseS rec￿rISed year. All inc4MrE and expendrture derive from contiThJirrfJ a¢￿"t￿.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS BALANCE SHEET ASAT31 MARCH 2025 2026 Fixed ass•ts Tangible asset5 43,587 Cunent ass•ts Debtc¥s Cash al bart and in li 16.623 13.646 39.851 53,497 Credltors: amownts falllng wlthkn ong y•ar 12 11,3481 {4,029) N•t cu￿￿nI •SSèts 75.661 49,468 Totsl ass•ty Itss curr•nt lbi1tts 132.581 93.055 Th• fund5 01 th• Ch4rlty Un￿strIcted funds 14 132.581 93.055 132,581 93,055 company is ents"t￿ to tr exeftWJi from Ihe a(Jrt reqwrmnl in Sed1￿ 477 ofthe Compan$Ad 2006, for the year ended 31 Marth 2W25. The directOTS aCkn￿ledge t￿lT reSponsQjlrt￿ for cirylyw¥J the rewKerwts of the Convan￿S Act 20Ch3 respeci to accountiNJ records and pwaratM)n offmawal statennts. The nmbers have w wuifed the CLmnpany to ofAain an of ts finanual $laW￿ntS ye¥ in wesb'on in ¢WLlance with sedkjn 476. These financial $tstenEnts ho￿ been wepared li acc￿d¥￿t wlh tr aOi¢atilE to cimpani&s 3ubiect to the small compans win￿. The ffiftancial Statern￿ts V•tre approved ty the Tnthes on......................... Mr S Jennirwjs Trust0• KtrRCN Company regstrat*)n rwnty 04710761 IETh3land and

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounUng poUcl•s Charlty InfomHiton Felix$l¢)￿£ Area Comnwnity TrartsFxi Ltd is a prpiale compary lirThted by guarantee incorporated in England and ￿les. Ttre ￿gISte￿ offiee L% Tr PrA1•katsn. Gam￿ Lane Car Park. FelixSto￿, SuffofK. IP11 7SH. 1.1 Accountlng ¢onwrfion The financial statements have teen kwepared in accordarY£ vlith the ChaWs MemorandLm a￿1 Articles of Assocaation. the Conynies Act 20C6. FRS 102 The Fmanual Rewb"rJ Slandard 8pplrAble in t￿ UK and Republic of Ireland" fFRS 1W arnl the Chanbes SORP"ActountrwJ and Reporb'ng by Charities." Slalernent of Recolryn￿ded Procl￿ appl￿tye lo ¢arrbes ryepariThJ Iheir ¥¢(xJnts in accordance with Financial Reporbng SiaTrJard applKable in the UK aThJ Rewili¢ of Ireland IFRS 102)" (effective 1 January 20191. The Charity is a Pthic Benefft Enbty as dthed ty FRS 102. The Chanty ha5 taken adV￿ge of Ihe probrysi(￿ S¢)RP f¢ cwities not to wepare a Stakrnent of ash Flows. financial statements are wepare(l in sterfirKJ. is the fu￿bonal cuTherKy of the Charity. Monetary amounts in Ihese finanoal Staten￿nts are rourwkd to ￿are51 £ financial statements ha¥e ten prepared LJwJer ￿ hist0fic81 cost Cfxwenti￿. IrTh)dified to include the revalualKJn Of freeh)Id propvties aThJ lo Ind￿je investhnt prcyerts and certain ffinancsal instruments at fair valuel. The pnnopal accoLwiknJ p(4￿S aloKrted ￿e sel (xrt belw. 1.2 Golng conc•m the lime ol approthng the finaMal sts1em￿. ts Twusteey have 8 rary￿able expeLlatKm that ￿ Charity . has adequate iesources to continue in owrational eX5Ste￿ for the foreseeat4e fubJre. Thus the Trustees conlinL to •Jopt 9OVJ c{￿M basis of acc(wntirb3 in wepariThJ ts fir￿￿431 ststements. 1.3 Charitabl• funds Vnre$tricaed ftw)ds are avale for use at the of the Tn￿tee% in (urttrarKe of t￿1r tharital￿e obJ'ectiNEs. Restsided tWK15 8re $rt¥eo# to Spetsk ¢thd￿on$ by or 9rantNs as lo how trw may be used. The purposes aTrJ uses Oft￿ resbicted a￿ sel lo f￿a￿la1 slatements. ETh10￿ ffiJThJs a￿ sutyF¢t to speofic ty rknxs that'the c•al be rnainlained by the Charity. 1.4 Incorne InconE is reco3nised fknen the Charity ￿ k9alty enithd to st after ary perfonwrte coThth"IN)ns have been mel, amourrts ean te ffasured feliably. aThJ it is that Ir￿￿ will be rece¢ved. Cash thjnab.ons a￿ recogntsed on re(•. Oilw d(y)aiicffis e feo)grsed Charity has tn r￿tified of donalon, LM)less Ferf0m￿n£t ccoTrJth"ons requre defrThal of trE affMJunt. Incorne I￿ recoverable In relati￿ to dc¥￿tionS ￿cel¥ed ￿je[ (￿A#j or dee(Is of cobtnant is re¢trJntsed at ofthe donaticffj. Legacitt are rectyjnised on receipt of othewse rf tl Charity has ten nolikd ol an impending distribubon, ihe amount is knry•NTr. arK1 rec¢ipi is exFeded. If Ihe anKJLmt is not krw)wn. the legacy is treated a5 a ntingenl assel.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting poll¢loS (Cont1n￿oI 1.5 Exp￿dItur8 Expenditwe ts rectsjntsed orKe there 15 a legal oblwJab"on to trarnfer ec4JnomK beneffl to a third party, it is probabk Ihat a transfèr of ecorKMnic benefts AfjII be In seltle￿nt, and the amoLwM of Ihe obligation ￿ be ffasured relJ"th. Expenditure 1$ dassffied by a('￿ty. costs 01 eath a&l￿ty #Te made up of tr total of direct ¢osts and shaied costs. incjuding supt¥M costs in¥￿%￿d ￿ Lnjertakirrtj eath actmty. Direct CLJSts attriLKrtable to a single acliwty are allLKated dKecty lo Ihat adhwty. Shar&Y c051s C￿ntribute lo more than orne actiwty and support costs %th"ch a￿ not attributable to a ￿ThJIe ackn.ty a￿ apporb.oned beN%ten those actiwties on a basis consistent the use of restyrn. Central staff c05ts are allocatej C￿ ba￿S of bme spenl. aThJ depreoabon chaf9es are aifocated on ￿ p￿t￿n olthe asset's use. 1.6 TafigIb￿ fix•d ¥ss•ts Tangible fixed assels are measl￿1 at QJSt sthewenty ￿$￿ed at cost or valuation. net of ¢Jepffj¢ialion aTh1 ¥rry impairff# losses. t)epreriatity) is ￿¢C￿nIsed so as off tr ¢>)5t or vak48tthi of assets less trir residual v¥lues over t￿1r usthl &¥es cm the follcA4iNJ bases: Leasehold land a￿1 trMJikling$ Fixtures and ffittiThJs Ilotor veFKclps 5 year slrai9ht li S year stratght li 5 year 5tratght li gain or loss w￿lt￿j on the iJ¥w)sal of ￿ asset ts detemwd as the iliffWen￿ betr￿n sale pr￿eedS and {8￿1r￿ value oftr assei. arnl recowised in the Skkment of finwal actpthes. 1.7 Impalrrn•nt of fixed ass•ts At eath reportmg eThJ date. the Charity CaffYi￿ amwts of ts taryjible a55ets to determine ttr there Os any indicalKJn that assets ha￿ sufkred ￿ Impalm￿nI loss. If any SLtch indicalh)n exists. Ihe recoverth arnount of the asset 15 Èstwnated in wder to dete1M￿ the exlent of FNwinnent loss lif any). 1.8 Cash and cash •gulval•nts Cash and c45h equivaknls ind￿￿ cash ￿ haNI. deposs lkl al call ith lJars. other short-temi liq￿d investrnents wth orwJinal maiurits of Ilwee M(￿th5 LY kss. a￿1 bar o¥erdTafts. Batrdrafts are within b0rr0vm￿S in uJrenl fv'atlitJes. 1.9 Flnanclal Instruffi￿ts The Chanty has eleded to ap&ty FWOWiSKm of Se¢Xm 11 'Basic Financial In5trLwnents' aTrJ Secllon 12 'oth¢r Fina￿31 Irkstiumiis Is$￿, of FRS 102 to al ofits ffin•wl Fin8nrial ￿$tr￿￿ts a￿ reo)9ni5ed in tr bJ￿r￿ sw the Clkqrity beefjmes party to Ihe ¢ontradual Fiovi%ions olthe instrument Ftnan¢ial assels and liabililts afe offsei. net presented in the ffianryal stsiemenls, vhn tlwe is a legally wrforceable right to sèt off the recwised amoLmts and tlwe 1$ an intention to sètt on o n8t basis or io Tealise ts assel and seit tr lity Sl"nwAa￿.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ae¢ountlng polklps Icontlnuodl Basic fin•nchlass•ts Bawc finanoa assels, inckjde debtots aTrJ rash bank balances. are initialty measured at Irans8fAion I￿￿JIr￿j transath.on costs and a￿ S￿l$eQ￿nIty car￿d al amortised cost using the effecti¥ inleresl rnet￿d urtess the wrangemert C￿stsi￿te$ a fin8￿ir￿j Iransa("on, vtse transactiw is measured at Ihe present wal￿ of Ihe fiAwe ￿￿ipts a matei rate of interesi. Finanaal assets daS￿fied a5 receivable are amortis￿. Basic finanoal liabilths. inclLkling cr&Jttors aTrJ bank loans are intslty re¢￿J￿se￿ al tr8nsathon pri<￿ unless Ihe arrangefrenl ¢on$tiluies a financiNJ transacb"on. bthere debt in511u￿nI rrea5ured at Ihe present value ol the futu￿ payrrnts dIsC(￿rted at a rate ol interest. h"abiltw dassthed as payable wilhin one year a￿ nol aM0￿"Se￿. Debt ￿$trUMents are sUbseqU￿lIV camed at Cost. USKYJ eire0￿E interest rate NellM)d. Trade (yed￿l￿5 are obligatKJrts to pay for go¢xls or Se￿￿ thai been ac4uired in tr (xdinary course ol 0￿rationS from suppliers. Amounts payabk are dassrfd as oJrrent lia￿"1￿$ rf payment L8 (Jue wthin one year or kss. 11 not, IW are preSent￿j as nO￿a￿re￿ liats"hb"es. Trade uedttcKs a￿ recognised inth.alty at transaction pri￿ and subswuenty measured al amortised cost U5ir¥J ts effedi¥e interest rnethC￿. Financgal liab41t￿ are dwec4)3ni8ed Vlt￿ tr Chaiitys ccrfthclual oblybNB e4yre or are (bschafged or carKled. 1.10 Employ•0 bon•llts The cos1 of any unused entthrt￿rt is rec￿nIsed period in wttirh enWryee'$ ser¥Ke$ are recaved. Terminabon benefits are re¢tyrM5ed as ￿ exFense tren tr Chwty is demrytstrabty ¢ornmitted to twminate the Of￿ eiwoyee or ¢0 temyrkngti￿ beneffls. 1.11 R•iir•m¢rf b•n•ffts In ihe applic"on of the Char[￿$ acc1)￿1r￿d rA)IicE5. Truslees are reou¥ed to make I￿1geMents. estimates arvj a$$uftwiions about the caffwng amrwN of assets fiatxlilies that are ￿0¢)1￿ apparent from other 50ur¢e5. The e5tirn5 aTrJ a55(Kid assuw.orts are based on h￿t¢￿ical experience and other tsclots thai w$idered to I￿ relewdnL resulls may Ihese esiimaies. The e5timate$ and urx1erty.ro assunYt￿S a(e ￿¥1￿•￿1 an ￿9£y[￿j basis. Revi￿0￿$ to a¢countin9 esb"mates ple rec(3nised in the perityj esl¥nale i8 re¥ised wtsre the revision affects onty that pericJ. ￿ in the pefi(yJ of ￿ wgon aTh1 (ulfft WiC•ts 7A4we ts thisirm affe(as tw)Ih ¢urreN and fvture peric¥Js.

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Donati0Trs and 1•gael•s Unr•striet•d Unr•stri¢t¢d funds lund$ 202S 2024 Oonaticrfvts Grnnts Mentrr5hw lees 33.933 42.204 3,192 18,570 21,076 3,102 79,329 42.748 Incomo fr¢m charliabl• aGll¥lllos Unr•strlct•d Unr•strl¢t•d lund$ fvnds 2025 2024 Communlty ¢ar s•Thlcos Sale of90￿Ss 11,808 12,210 Connoctlng communStl•s Sale of gc#)Js 22,031 7.872 Gmup pass•ngor •nd hlrn In¢omo Sole of 51.625 51.29) 85,464 71,372 10

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Exp•ndltur• on ¢h¥itabl• a¢t1¥1￿$ Communlty Communlty transport transport Sorvlces 2024 2025 Dlrgct costs Staff costs Depfeciab.c￿ aTrJ impai￿ent Vehide costs Staff costs 0th8f $taff feled 56.977 18.723 28.032 1.677 373 19.485 55,S98 24,648 25,676 1,278 322 20.495 125.267 128.017 Anaty$l$ by lund unrestn.cted funds 125.267 128.017 Il•t mo¥8ffl•nt In lund5 2025 2024 The net movefflerrt in 15 slaled after Charli￿{L￿ed￿N¥j). Fees payable forlhe iThkpeThnt exaffitnatw Of￿ ctsnvs finanLial statwnents De5xecrdtion of O*r￿d taThJitAe f￿ed assets 18.723 24,648 No Tw$lees lor any pwsons conr￿￿ wth Iheml recerled ￿lU[￿all￿ or benttfits frryn the Charity durfng the year. The average monlhty nLwnter ofenwoyees ￿liF¥ ts yearwas.. 2025 Numbvr 2024 Numbor 2025 2024 Wages and salarEs Oiher pension costs 56.238 739 $4,961 637 56.977 55,598 11

FELIXSTOWE AREA COMMUNrrY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employ {Contlnu•dl Taxatlon chanty is exempi taxiw ty) its artm￿s te¢wse all its inc)rne 1$ ap￿ell for d)aritaWe purpose$. 10 Tanglbl• fixed as8•ts Total l•nd d Sdlr¥8 Cost At 1 April 2024 ditiM$ Disposals 11,041 26,203 (11,041} 15,447 3.854 132,798 159.286 32.057 111,041) At 31 March 2025 28.203 19,301 132.798 180.302 D•pY•clatlon and inpalrnmnt At l April 2024 Depreciation charged in the year Eliminated in rwed of dispos 11.041 2.820 (11.041} 14,491 $89 Y).168 15.314 115.700 18,723 {11,041} At 31 March 2025 1S,080 105,482 123.3B2 Carrylng •mOUnt AJ 31 Mafch 202S 25.383 4,221 27.316 56,920 At 31 March 2024 957 42,630 43.587 11 D•btors 2025 2024 Amounts l•lllng du• wlthln ort• yer. Trade debltys Olher debtors 6.151 559 9.913 4.880 8.7e6 16.G23 13.646 12-

FELIXSTOWE AREA COMMUNITY TRANSPORT LTD FACTS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Cr•dltors: amounls lalling due rylhln on• y• 2025 2024 Other laxalion arvj sodal seoJrity Trade credrtors cruals aTrJ deferred incure 711 903 2.415 1.(k81 123 1.348 4.029 13 R•tlrnm•nt b•n•fftschemes 2025 2024 Dèfin•d contribuilon schemes cttar￿ to woffit or loss in respecl of defi[￿ C(￿￿Al￿ sdv 739 637 The Chanty operntes a defjned contsibutiw p￿￿10n SCIR￿ for all qualif￿r￿j emtyoffts. The assets ol the schen are hebj sep¥8tety fr(n those of Il Charity wi an i1￿￿ty &jm￿ls1ered ftjnd. 14 Unr•strlct•d lunds The unrestridtd (Ln15 of Ihe charity c(rynse bala￿9 Oldc￿a￿.0ns grants vthich are not SLknlect lo spetsfic c￿￿11110nS by dorwys aTrJ giantors as to rnay be Ltsed. These indu(le designated lunds have been sel asKle ¢xrt of uwesiricted funds by the twstees lor Specific pLwp05e5. At 1 Aprll Incomlng R•wur¢es At 31 March 2024 rn$oUr￿ •xpendèd 2025 General fu￿jS 164.793 1125.267) 132,581 Pr•vlous yw: At 1 April Incorning 2023 r•sources R•sourc•s At 31 March expandgd 2024 Gwral luTha$ 1￿.952 114,120 1128.017) 93.055 15 R•lat•d party trangactlons Thefe ¥￿e no d￿￿O$)ble related party transac¢yB dwiThJ ts yew {2024. none). 13-