REGISTERED COMPANY NUMBER: 01515143 (England and Wales) REGISTERED CHARITY NUMBER: 1105202
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025
FOR
BEXHILL COMMUNITY BUS LIMITED (A COMPANY LIMITED BY GUARANTEE)
Gibbons Mannington & Phipps LLP Chartered Accountants 20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
BEXHILL COMMUNITY BUS LIMITED
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025
| Page | Page | Page | |
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | to | 7 |
| Notes to the Financial Statements | 8 | to | 14 |
BEXHILL COMMUNITY BUS LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31st December 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To provide a community transport service for such inhabitants of Bexhill and its neighbourhood who are in need of such a service because of age, sickness or disability (mental or physical) or poverty or because of a lack of availability of adequate and safe public passenger services.
Public benefit
The Trustees have had due regard to public benefit guidance published by the Charity Commission, and in their opinion the report on the achievements and performance demonstrates that they have complied therewith.
ACHIEVEMENTS AND PERFORMANCE
Charitable activities
2025 was another good year for the Bexhill Community Bus with further increases in both income and in passenger numbers.
Overall passenger numbers were up again - although the number of fare-paying passengers decreased by 9.45% this was more than offset by a 4.46% increase in those with concessionary cards. Our total passenger numbers of 37,770 were slightly under the 2019 total of 39,005, but still very good. The East Sussex County Council fare cap finishes at the end of January 2026 and it will be interesting to see whether this impacts on 2026's passenger numbers.
Total income for 2025 was up with increases in cash fares and in reimbursement for concessionary cards. Hastings Direct renewed their sponsorship of the 2024 bus.
Adult single fares remain at £1.50 for 2026 and we hope to maintain these through 2027.
We conducted our second passenger survey in June 2025 and the overall satisfaction rating of 9.79 was up on the 9.70 score from our January 2023 survey. Nearly 100 passengers completed the survey and there were many lovely compliments about the friendliness and helpfulness of the crews as well as numerous comments about how reliable and punctual our services are.
Volunteer numbers were fairly static with leavers being replaced by new recruits.
FINANCIAL REVIEW
Financial position
Fare receipts have increased by 27% this year, this was due to an increase in passenger numbers and the January 2025 raise in the price of fares. Other sources of income remained similar to the previous year, although the rebate of business rates was much less this year as the 2024 rebate covered multiple years.
The costs of running and maintaining the vehicles increased this year. Other overheads remained at a similar level as last year.
There was a deficit overall, before the change in the value of the investments, of £3,794. The investments showed a gain for the year of £18,156 so there was a net increase in funds of £14,362.
Surplus funds enabled us to invest a further £22,500 in our investment portfolio and the unrealised gains has resulted in our investments going up by over £40,000 in the year.
The surplus for the year has been added to the total funds which now stand at £330,171 to carry forward to next year.
Page 1
BEXHILL COMMUNITY BUS LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025
FINANCIAL REVIEW
Investment policy and objectives
Spare capital has been invested to produce investment income in a safe environment and the portfolio is managed by Handelsbanken Wealth & Asset Management, the Charity's investment managers. Income generated is currently being added to the capital in order to provide Capital growth towards the cost of new buses in the future.
Reserves policy
The Charity will retain sufficient reserves to enable it to deal with the timely replacement of buses and other working assets in line with its regular replacement policy. Reserves are invested with investment managers.
PLANS FOR FUTURE PERIODS
In 2026, the company:
-
will look to further increase passenger numbers,
-
aims to introduce a corporate 'uniform',
-
will continue to recruit and train more volunteers,
-
may again review the use of debit cards for fare paying passengers and
-
will aim to consolidate our finances in preparation for a replacement bus in either 2027 or 2028.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
The Company was incorporated on 1st September 1980, subsequently it was agreed in that any taxable profits made would be covenanted to Bexhill Council of Voluntary Services. Due to the winding up of this organisation, the Company sought Charity Commission approval for registration as a Charity in its own right. The application was approved and the Company was registered as a Charity on 29th July 2004. The Charity/Company is controlled by its Memorandum and Articles of Association as amended by Special Resolutions dated 13th May, 9th July 2004 and 8th March 2022.
Structure and management
The power of appointing new or additional Trustees/Directors is vested in the Trustees/Directors.
Any policy decisions are taken by the Trustees/Directors. There were no changes in policy during the year.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
01515143 (England and Wales)
Registered Charity number
1105202
Registered office
Unit 2 Beeching Close Bexhill-on-Sea East Sussex TN39 3YF
Page 2
BEXHILL COMMUNITY BUS LIMITED
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2025
Trustees
A L Hymans S Hardie J Pacitti B Drayson (resigned 25/8/2025) Mrs L Langlands D Everiss Mrs E White (resigned 2/4/2025) A Smale S A Warcup A R Loftus Mrs J Seares (appointed 8/7/2025)
Independent Examiner
David Ashby FCCA ACA Gibbons Mannington & Phipps LLP Chartered Accountants 20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
Bankers
Lloyds Bank 17 Wellington Place Hastings East Sussex TN34 1NX
Solicitors Gaby Hardwicke 34 Wellington Square Hastings, East Sussex TN34 1PN
Investment Managers
Handelsbanken Wealth & Asset Management No 1 Kingsway, London WC2B 6AN
Approved by order of the board of trustees on 22nd April 2026 and signed on its behalf by:
A Smale - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEXHILL COMMUNITY BUS LIMITED
Independent examiner's report to the trustees of Bexhill Community Bus Limited ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st December 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
David Ashby FCCA ACA
Gibbons Mannington & Phipps LLP Chartered Accountants 20 Eversley Road Bexhill-on-Sea East Sussex TN40 1HE
15th May 2026
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BEXHILL COMMUNITY BUS LIMITED
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 2,660 | - | 2,660 | 3,076 |
| Charitable activities | |||||
| Fare receipts | 46,514 | - | 46,514 | 36,425 | |
| Bus hire charges | 40 | - | 40 | - | |
| Fuel duty rebates | 5,136 | - | 5,136 | 6,019 | |
| Garage rents | 2,100 | - | 2,100 | 2,100 | |
| Other trading activities | 3 | 963 | - | 963 | 1,667 |
| Investment income | 4 | 71 | - | 71 | 236 |
| Other income | 5 | 259 | - | 259 | 4,241 |
| Total | 57,743 | - | 57,743 | 53,764 | |
| EXPENDITURE ON | |||||
| Charitable activities | 6 | ||||
| Community buses | 49,737 | - | 49,737 | 23,562 | |
| Office and other costs | 9,674 | - | 9,674 | 10,755 | |
| Garage costs | 2,126 | - | 2,126 | 2,066 | |
| Total | 61,537 | - | 61,537 | 36,383 | |
| Net gains on investments | 18,156 | - | 18,156 | 8,456 | |
| NET INCOME | 14,362 | - | 14,362 | 25,837 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 315,809 | - | 315,809 | 289,972 | |
| TOTAL FUNDS CARRIED FORWARD | 330,171 | - | 330,171 | 315,809 |
The notes form part of these financial statements
Page 5
BEXHILL COMMUNITY BUS LIMITED
BALANCE SHEET 31ST DECEMBER 2025
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 12 81,936 Investments 13 233,623 315,559 CURRENT ASSETS Debtors 14 3,659 Cash at bank and in hand 15,753 19,412 CREDITORS Amounts falling due within one year 15 (4,800) NET CURRENT ASSETS 14,612 TOTAL ASSETS LESS CURRENT LIABILITIES 330,171 NET ASSETS 330,171 FUNDS 17 Unrestricted funds TOTAL FUNDS |
Restricted fund £ - - - - - - - - - - |
2025 Total funds £ 81,936 233,623 315,559 3,659 15,753 19,412 (4,800) 14,612 330,171 330,171 330,171 330,171 |
2024 Total funds £ 109,682 192,967 302,649 2,554 11,807 14,361 (1,201) 13,160 315,809 315,809 315,809 315,809 |
|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.
-
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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BEXHILL COMMUNITY BUS LIMITED
BALANCE SHEET - continued 31ST DECEMBER 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 22nd April 2026 and were signed on its behalf by:
D Everiss - Trustee
A Smale - Trustee
The notes form part of these financial statements
Page 7
BEXHILL COMMUNITY BUS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Government grants are recognised when the charity becomes unconditionally entitled to the grant.
For legacies, entitlement is when probate is granted, the amount known, there are sufficient funds available for distribution or when a distribution is received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Leasehold property | - Straight line over the life of the lease |
|---|---|
| Bus equipment | - 20% on cost |
| Office furniture and fittings | - 20% on cost |
| Community buses | - 25% on reducing balance |
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 8
BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
1. ACCOUNTING POLICIES - continued
Cash at bank
Cash at bank includes cash and short term highly liquid investments.
Debtors
Debtors are recognised at their recoverable amounts to which the charity is entitled.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement value.
2. DONATIONS AND LEGACIES
| Passenger and other donations Gift aid tax recoverable Grants Grants received, included in the above, are as follows: East Sussex County Council 3. OTHER TRADING ACTIVITIES Profit from raffle Adverts on community buses 4. INVESTMENT INCOME Dividends and interest 5. OTHER INCOME Business rates refund Bank compensation |
2025 £ 1,522 312 826 2,660 2025 £ 826 2025 £ 130 833 963 2025 £ 71 2025 £ 234 25 259 |
2024 £ 1,892 358 826 |
|---|---|---|
| 3,076 | ||
| 2024 £ 826 |
||
| 2024 £ - 1,667 |
||
| 1,667 | ||
| 2024 £ 236 |
||
| 2024 £ 4,241 - |
||
| 4,241 |
continued...
Page 9
BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
6. CHARITABLE ACTIVITIES COSTS
| Community buses Office and other costs Garage costs 7. DIRECT COSTS OF CHARITABLE ACTIVITIES Vehicle tax and insurance Fuel and oil Vehicles repairs and servicing Annual ticket software Office rent, rates, light and heat Office repairs Garage expenses Stationery, postage, computer expenses and advertising Telephone (inc. broadband) Sundry expenses Fuel card charges Medicals Training costs Depreciation Profit on sale of bus 8. SUPPORT COSTS Office and other costs Support costs, included in the above, are as follows: |
Direct Costs (see note 7) £ 49,737 8,515 2,126 60,378 |
Support costs (see note 8) Totals £ £ - 49,737 1,159 9,674 - 2,126 1,159 61,537 2025 2024 £ £ 5,194 3,924 8,730 8,389 6,584 3,593 1,584 1,584 5,496 6,376 517 391 2,126 2,066 611 381 438 408 887 839 135 162 330 889 - 96 27,746 36,760 - (30,589) 60,378 35,269 Governance costs £ 1,159 |
|---|---|---|
Governance costs
| Governance costs | ||
|---|---|---|
| 2025 | 2024 | |
| Office | ||
| and other | Total | |
| costs | activities | |
| £ | £ | |
| Annual return fee | 34 | 34 |
| Accountancy | 755 | 715 |
| Independent examination fees | 370 | 365 |
| 1,159 | 1,114 |
continued...
Page 10
BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 27,746 | 36,760 |
| Surplus on disposal of fixed assets | - | (30,589) |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st December 2025 nor for the year ended 31st December 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st December 2025 nor for the year ended 31st December 2024.
11. STAFF COSTS
There were no staff costs for the year ended 31st December 2025 nor for the year ended 31st December 2024.
12. TANGIBLE FIXED ASSETS
| COST At 1st January 2025 and 31st December 2025 DEPRECIATION At 1st January 2025 Charge for year At 31st December 2025 NET BOOK VALUE At 31st December 2025 At 31st December 2024 |
Leasehold property £ 58,976 58,976 - 58,976 - - |
Bus equipment £ 3,206 2,008 599 2,607 599 1,198 |
Office furniture and fittings £ 1,905 1,604 101 1,705 200 301 |
Community buses £ 204,254 96,071 27,046 123,117 81,137 108,183 |
Totals £ 268,341 |
|---|---|---|---|---|---|
| 158,659 27,746 |
|||||
| 186,405 | |||||
| 81,936 | |||||
| 109,682 |
The leasehold property consists of a garage to house community buses on land leased from Rother District Council for a period of twenty one years from 23rd October 2000 at an initial rent of one peppercorn (if demanded).
continued...
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BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
13. FIXED ASSET INVESTMENTS
| MARKET VALUE At 1st January 2025 Additions Unrealised gain/(loss) At 31st December 2025 NET BOOK VALUE At 31st December 2025 At 31st December 2024 |
Listed investment £ 192,967 22,500 18,156 233,623 233,623 192,967 |
|---|---|
At the year end there were no investment assets outside the UK.
The historical cost of the listed investments is £184,780.
14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 14. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Other debtors | 692 | 43 | |
| VAT | 232 | 361 | |
| Prepayments | 2,735 | 2,150 | |
| 3,659 | 2,554 | ||
| 15. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors | 156 | 114 | |
| Other creditors | 4,641 | 1,084 | |
| Accrued expenses | 3 | 3 | |
| 4,800 | 1,201 |
16. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Within one year | - | 1,170 |
continued...
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BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
17. MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |||||
|---|---|---|---|---|---|
| Net | |||||
| movement | At | ||||
| At 1/1/25 | in funds | 31/12/25 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 315,809 | 14,362 | 330,171 | ||
| TOTAL FUNDS | 315,809 | 14,362 | 330,171 | ||
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 57,743 | (61,537) | 18,156 | 14,362 | |
| TOTAL FUNDS | 57,743 | (61,537) | 18,156 | 14,362 | |
| Comparatives for movement in funds | |||||
| Net | |||||
| movement | At | ||||
| At 1/1/24 | in funds | 31/12/24 | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 289,972 | 25,837 | 315,809 | ||
| TOTAL FUNDS | 289,972 | 25,837 | 315,809 | ||
| Comparative net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Gains and | Movement | ||
| resources | expended | losses | in funds | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 53,764 | (36,383) | 8,456 | 25,837 | |
| TOTAL FUNDS | 53,764 | (36,383) | 8,456 | 25,837 |
continued...
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BEXHILL COMMUNITY BUS LIMITED
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2025
18. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st December 2025.
19. LIMITED LIABILITY OF MEMBERS
The liability of the members is limited to a sum of £10 being the amount that each member undertakes to contribute to the assets of the Charity in the event of its being wound up while he, she or it is a member or within one year after he, she or it ceases to be a member, for
(1) payment of the charity's debts and liabilities incurred before he or she or it ceases to be a member;
-
(2) payment of the costs charges and expenses of winding up;
-
(3) adjustment of the rights of the contributories among themselves.
20. SCHEDULE OF BUSES
| SCHEDULE OF BUSES | |||
|---|---|---|---|
| RJ24AHA | RX20RNJ | Total | |
| £ | £ | £ | |
| Cost | |||
| At 1st January 2025 | 113,674 | 90,580 | 204,254 |
| Addition during the year | 0 | 0 | 0 |
| Disposal during the year | 0 | 0 | 0 |
| At 31st December 2025 | 113,674 | 90,580 | 204,254 |
| Depreciation | |||
| At 1st January 2025 | 28,419 | 67,652 | 96,071 |
| Charge for the year | 21,314 | 5,732 | 27,046 |
| On disposal | 0 | 0 | 0 |
| At 31st December 2025 | 49,733 | 73,384 | 123,117 |
| Net book value | |||
| At 31st December 2025 | 63,941 | 17,196 | 81,137 |
| At 31st December 2024 | 85,255 | 22,928 | 108,183 |
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BEXHILL COMMUNITY BUS LIMITED
FOR THE YEAR ENDED 31ST DECEMBER 2025
----- Start of picture text -----
21. Investments
At 1st January 2025 Acquisitions Sales Realised Unrealised At 31st December 2025
Market Gains/ Gains/ Market Historical
Number Value Number Cost Number Proceeds (Losses) (Losses) Number Value Cost
£ £ £ £ £ £ £
UK Funds
Managed Property Funds
Hb Cautious Multi Asset
Fund C Accumulation 107,390.437 172,952.30 19.06.25 6,142.294 10,000.00 16,363.40 120,733.981 211,815.70 164,780.33
09.11.25 4,349.343 7,500.00
10.12.25 2,851.907 5,000.00
Hb Cautious Sustainable Multi
Asset Fund C Accumulation 19,767.595 20,014.69 1,792.92 19,767.595 21,807.61 20,000.00
192,966.99 22,500.00 - - 18,156.32 233,623.31 184,780.33
----- End of picture text -----
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