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← Hull Community Transport (Charity)

2025-03-31-accounts

REGISTERED COMPANY NUMBER: 05372429 (England and Wales) REGISTERED CHARITY NUMBER: 1109030

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2025

for

East Hull Community Transport

Try Lunn & Co Chartered Accountants and Statutory Auditors Roland House Princes Dock Street HULL HU1 2LD

East Hull Community Transport

Contents of the Financial Statements for the Year Ended 31 March 2025

Page
Report of the Trustees 1 to 4
Trustees' Responsibility Statement 5
Report of the Independent Auditors 6 to 8
Statement of Financial Activities 9
Balance Sheet 10
Cash Flow Statement 11
Notes to the Cash Flow Statement 12
Notes to the Financial Statements 13 to 19

East Hull Community Transport (Registered number: 05372429)

Report of the Trustees for the Year Ended 31 March 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 31 March 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

East Hull Community Transport is a Community Enterprise working towards sustainability yet meeting the identified local transport needs of the City of Hull and it's environs, the East Riding of Yorkshire and North East Lincolnshire residents who through age, learning or physical disability, social exclusion or poverty, need support.

Our principal objectives are:

The main objectives and activities for this year continued to be to maintain East Hull Community Transport in line with our strategy and continue to balance the need for sustainability with the principal social objectives of the company. The strategies employed to assist the Charity to achieve this were:

Public benefit

As Trustees we consider we have complied with the duty in section 4 of the 2011 Charities Act to have due regard to guidance published by the Charity Commission. The Trustees are aware of the Charity Commission's guidance on public benefit and the trustees ensure that they carry out their charities aims for the public benefit. The charity's public benefit is detailed below in our objectives and activities.

Page 1

East Hull Community Transport (Registered number: 05372429)

Report of the Trustees for the Year Ended 31 March 2025

STRATEGIC REPORT

Achievements and performance Charitable activities

The objectives and milestones set by the Directors and Trustees, and outside agencies, in respect of our own targets and funding provision were met.

The main services that we operated in 2024/25 are shown below together with a brief explanation:

Dial a ride

A door to door wheelchair accessible transport service for individuals and families living in mainly East Hull that find public transport provisions difficult to use or access.

Group Travel

Up to 16 passenger seat minibuses, mostly with disabled access, are available to transport affiliated groups from non-profit making organisations with a Company employed driver.

General

Over the past year the charity continued to experience unpredictability, fuel price fluctuations and significant increases in wage costs. The current and challenging economic environment and cost of living crisis has had a direct impact on the delivery of the service and has required significant strategic management from the Trustees and the senior management team. The charity has been able to work through these challenges and as far as possible, has supported its employees over the year and was able to retain the majority of the team.

The results continue to demonstrate the hard work of the office staff and drivers over the last year. The constant drive has led EHCT to achieve and deliver its aims and objectives over the last year and has better placed it to continue to meet its aims and objectives in future years.

The company now has 44 vehicles and employs 38 personnel.

Name 2018/19 2019/20 2020/21 2021/22 2022/23 2023/24 2024/25
Dial a Ride 6,040 4,296 Not available 4,125 4,404 8,449 9,704
Group 62,008 59,012 55,796 61,750 71,820 80,832 107,604
Total
passengers 68,048 63,308 Not available 65,875 76,224 89,281 117,308

The Board remain committed to increase staff if this is possible in line with financial stability fulfilling both our sustainability and one of our main objectives of providing worthwhile employment. Morale of the staff both driving and office based is high and the workforce continue to be the greatest asset of the company. However our staff numbers and costs have to reflect our income and the funding we can secure.

In June 2024 the Charity updated the Charity's articles of association and name to reflect the actual services that EHCT provide and the geographical area that they provide them in. The articles now refer to providing services to the city of Hull and it's environs, the East Riding of Yorkshire and North East Lincolnshire. This was as a result of West Hull Community Transport ceasing operating in 2015.

Financial review

Principal funding sources

The principal funding is from the operation of transport activities for charities and schools.

Expenditure during the year has been in accordance with the charitable objectives and agreed business plan.

The Charity have also received grant income from Motability, a Charity registered in England and Wales, for the purpose of increasing the availability of the charity's dial a ride service.

Investment policy

Grants received in advance and any other surplus funds that may, from time to time, be available are invested in bank deposit accounts.

Page 2

East Hull Community Transport (Registered number: 05372429)

Report of the Trustees for the Year Ended 31 March 2025

STRATEGIC REPORT

Financial review

Reserves policy

The Trustees have established a level of reserves (that is those funds that are freely available) that the charity ought to have.

Reserves are needed to bridge the funding gaps between spending on the provision of community transport and receiving resources through organisations and grants that provide funding. Reserves are also held to cover the cost of replacing the vehicle fleet.

The actual reserves at 31 March 2025 were £1,428,023 (2024 £1,173,400). Of this sum the Trustees have designated £200,000 as the project sustainability fund and £200,000 has been designated to meet a part of the costs of replacing a part of the vehicle fleet. At 31 March 2025, total reserves include restricted funds of £110,503 (2024 £116,078) in respect of grant income from Motability.

Whilst the current level of reserves may prove sufficient, it is the Trustees view that it prudent to ensure that there are sufficient reserves to provide financial flexibility over the course of the forthcoming challenges.

Going concern

The board of trustees consider that there are no material uncertainties about the ability to continue as a going concern.

Future plans

The Charity continues to endeavour to renew and consolidate contracts and obtain service level agreements from a variety of sources. It is felt that the company is now balanced to see itself through the challenges ahead. The Board and management will continue to work at ways of generating income yet continue to maintain the subsidised services our clients depend on. The company continues to feel confident of its future despite the challenges it faces now and will face in the future including in relation to its operational activities.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

East Hull Community Transport is a company limited by guarantee governed by its Memorandum and Articles of Association dated 22 February 2005. It is a registered charity with the Charity Commission.

Recruitment and appointment of new trustees

New trustees are appointed under the terms of the trust deed and by invitation of the existing trustees.

Trustee induction and training

New trustees are briefed on their legal obligations under Charity & Company Law at the time of their appointment.

Organisational

The board of trustees, which can have up to 12 members, administers the Charity. The board meets quarterly. The Chief Executive and Chairman of the board of trustees meet periodically between board meetings. The Chief Executive is appointed by the trustees to manage the day to day operations of the Charity. To facilitate effective operations, the Chief Executive has delegated authority, within terms of delegation approved by the trustees, for operational matters. The board discuss and approve arrangements for pay and remuneration for key personnel during the quarterly meetings as required.

The Board directs the company and provides the necessary checks and balances to keep focus on our social objectives. Clients praise the staff care and professionalism of driving staff on a regular basis. The number of drivers employed in relation to the type and number of vehicles owned works well.

Risk management

The trustees have conducted a review of the major risks to which the Charity is exposed. There is an annual review of risks the Charity may face. Where appropriate, systems or procedures have been established to mitigate the risks the Charity faces. Internal control risks are minimised by the implementation of procedures for authorisation of all transactions and projects. Procedures are in place to ensure compliance with the road traffic act, the health and safety of staff and passengers. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity.

Page 3

East Hull Community Transport (Registered number: 05372429)

Report of the Trustees

for the Year Ended 31 March 2025

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05372429 (England and Wales)

Registered Charity number

1109030

Registered office

Compound One Hull Sports Ground Chanterlands Avenue Hull HU5 4EF

Trustees

Mr A C Cosgrove Mr G Longbone Mr D M Elliott Mrs G M Ockleton Mr G M Groom Mrs J E Price Mr J Georgiou

Company Secretary

Miss L Cavanagh

Auditors

Try Lunn & Co Chartered Accountants and Statutory Auditors Roland House Princes Dock Street HULL HU1 2LD

Bankers

Virgin Money 214 Holderness Road Hull HU9 2AA

Solicitors

Wilkin Chapman Rollits LLP Citadel House 58 High Street Hull HU1 1QE

AUDITORS

The auditors, Try Lunn & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on ............................................. and signed on the board's behalf by:

........................................................................ Mr A C Cosgrove - Trustee

Page 4

East Hull Community Transport

Trustees' Responsibility Statement for the Year Ended 31 March 2025

The trustees (who are also the directors of East Hull Community Transport for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Page 5

Report of the Independent Auditors to the Members of East Hull Community Transport

Opinion

We have audited the financial statements of East Hull Community Transport (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Page 6

Report of the Independent Auditors to the Members of East Hull Community Transport

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees' Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

We gained an understanding of the legal and regulatory framework applicable to the company and the industry in which it operates, and considered the risk of acts by the company that were contrary to applicable laws and regulations, including fraud. We designed audit procedures to respond to the risk, recognising that the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

We focused on laws and regulations which could give rise to a material misstatement in the financial statements, including, but not limited to, the Companies Act 2006 and UK tax legislation. Our tests included agreeing the financial statements disclosures to underlying supporting documentation, enquiries with management. There are inherent limitations in the audit procedures described above and, the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. We did not identify any key audit matters relating to irregularities, including fraud. As in all our audits, we also addressed the risk of management override of internal controls, including testing journals and evaluating whether there was evidence of bias by the directors that represented a risk of material misstatement due to fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 7

Report of the Independent Auditors to the Members of East Hull Community Transport

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Simon Moss F.C.C.A. (Senior Statutory Auditor) for and on behalf of Try Lunn & Co Chartered Accountants and Statutory Auditors Roland House Princes Dock Street HULL HU1 2LD

Date: .............................................

Page 8

East Hull Community Transport

Statement of Financial Activities for the Year Ended 31 March 2025

Notes
INCOME AND ENDOWMENTS FROM
Charitable activities
3
Grants & contracts
Provision for community transport
Investment income
2
Total
EXPENDITURE ON
Charitable activities
4
Grants & contracts
Provision for community transport
Total
NET INCOME/(EXPENDITURE)
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
34,696
1,136,113
13,812
1,184,621
45,000
879,423
924,423
260,198
1,057,322
1,317,520		 Restricted
funds
£
189,531
-
-
189,531
195,106
-
195,106
(5,575)
116,078
110,503		 2025
Total
funds
£
224,227
1,136,113
13,812
1,374,152
240,106
879,423
1,119,529
254,623
1,173,400
1,428,023		 2024
Total
funds
£
216,149
897,756
33,655
1,147,560
179,401
794,170
973,571
173,989
999,411
1,173,400

The notes form part of these financial statements

Page 9

East Hull Community Transport (Registered number: 05372429)

Balance Sheet 31 March 2025

Notes
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Debtors
11
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
12
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
14
Unrestricted funds:
General fund
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
176,964
210,019
1,022,074
1,232,093
(91,537)
1,140,556
1,317,520
1,317,520		 Restricted
funds
£
-
-
110,503
110,503
-
110,503
110,503
110,503		 2025
Total
funds
£
176,964
210,019
1,132,577
1,342,596
(91,537)
1,251,059
1,428,023
1,428,023
1,317,520
110,503
1,428,023		 2024
Total
funds
£
173,140
153,823
887,079
1,040,902
(40,642)
1,000,260
1,173,400
1,173,400
1,057,322
116,078
1,173,400

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:

............................................. Mr A C Cosgrove - Trustee

The notes form part of these financial statements

Page 10

East Hull Community Transport

Cash Flow Statement for the Year Ended 31 March 2025

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Sale of tangible fixed assets
Interest received
Net cash used in investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 2025
£
289,844
(28)
289,816
(67,331)
9,201
13,812
(44,318)
245,498
887,079
1,132,577		 2024
£
208,064
(60)
208,004
(124,253)
22,838
33,655
(67,760)
140,244
746,835
887,079

The notes form part of these financial statements

Page 11

East Hull Community Transport

Notes to the Cash Flow Statement for the Year Ended 31 March 2025

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2025 2024
£ £
Net income for the reporting period (as per the Statement of Financial
Activities) 254,623 173,989
Adjustments for:
Depreciation charges 53,389 48,492
Loss on disposal of fixed assets 917 174
Interest received (13,812) (33,655)
Interest paid 28 60
(Increase)/decrease in debtors (56,196) 6,197
Increase in creditors 50,895 12,807
Net cash provided by operations 289,844 208,064
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank and in hand
Total		 At 1.4.24
£
887,079
887,079
887,079		 Cash flow
£
245,498
245,498
245,498		 At 31.3.25
£
1,132,577
1,132,577
1,132,577

The notes form part of these financial statements

Page 12

East Hull Community Transport

Notes to the Financial Statements for the Year Ended 31 March 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.

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.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet.

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.

Computer equipment 33% on cost General 20% on cost Motor Vehicles 20% on cost

Taxation

As a Charity, East Hull Community Transport is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the Charitable Company.

The funds of the Charity are unrestricted and restricted income funds. The trustees intend to use a part of the unrestricted income funds to sustain the Charity and where necessary, replace the vehicle fleet. The Trustees have designated funds to reflect this. The restricted fund relates to monies received during the year by way of government grant as explained in note 3. The funds held in each category are disclosed in note 15.

continued...

Page 13

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

2. INVESTMENT INCOME

Deposit account interest
INCOME FROM CHARITABLE ACTIVITIES
Grants &
contracts
£
Bus Service Operators Grant
34,696
Mobility Grant
189,531
Hull City Council Grants
-
Dial a Ride
-
Group
-
Other
-
224,227		 Provision
for
community
transport
£
-
-
-
30,346
1,105,767
-
1,136,113		 2025
£
13,812
2025
Total
activities
£
34,696
189,531
-
30,346
1,105,767
-
1,360,340		 2024
£
33,655
2024
Total
activities
£
25,644
180,505
10,000
19,092
878,575
89
1,113,905

3. INCOME FROM CHARITABLE ACTIVITIES

During 2024-25 the charity recognised income of £189,531 by way of government grant under the Motability Community Transport Grant Programme. The grant money is restricted and must be used to increase the availability of the Dial a Ride service for the residents of Hull and the surrounding villages, particularly for older people and those with disability or mobility issues.

4. CHARITABLE ACTIVITIES COSTS

Grants & contracts
Provision for community transport
SUPPORT COSTS
Grants & contracts
Provision for community transport		 Direct
Costs
£
195,106
813,927
1,009,033
Management
£
45,000
37,575
82,575		 Support
costs (see
note 5)
£
45,000
65,496
110,496
Governance
costs
£
-
27,921
27,921		 Totals
£
240,106
879,423
1,119,529
Totals
£
45,000
65,496
110,496

5. SUPPORT COSTS

continued...

Page 14

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

6. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025 2024
£ £
Auditors' remuneration 4,800 4,500
Depreciation - owned assets 53,389 48,492
Deficit on disposal of fixed assets 917 174

7. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

8. STAFF COSTS

Staff costs were as follows:

Staff costs were as follows:
2025 2024
£ £
Salaries and wages 649,293 535,412
Social security costs 36,708 31,952
Pension cost 26,039 25,268
Total 712,040 592,632

The average number of employees during the year was as follows:

The average number of employees during the year was as follows:
2025 2024
Number Number
Chief Executive 1 1
Drivers 33 33
Administration and support 3 2
Total 37 36

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

2025 2024
Number Number
£70,001 - £80,000 1 1

The charity makes available a stakeholder pension scheme for its employees. It administers contributions to the stakeholder pension scheme for 2 staff and it makes contributions to the scheme for those 2 staff members.

continued...

Page 15

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Charitable activities
Grants & contracts
Provision for community transport
Investment income
Total
EXPENDITURE ON
Charitable activities
Grants & contracts
Provision for community transport
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
10.
TANGIBLE FIXED ASSETS
COST
At 1 April 2024
Additions
Disposals
At 31 March 2025
DEPRECIATION
At 1 April 2024
Charge for year
Eliminated on disposal
At 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024		 Unrestricted
funds
£
35,644
897,756
33,655
967,055
-
794,170
794,170
172,885
884,437
1,057,322
Motor
vehicles
£
496,399
58,627
(14,685)
540,341
330,154
50,127
(4,567)
375,714
164,627
166,245		 Restricted
funds
£
180,505
-
-
180,505
179,401
-
179,401
1,104
114,974
116,078
Computer
equipment
£
24,920
8,704
-
33,624
18,025
3,262
-
21,287
12,337
6,895		 Total
funds
£
216,149
897,756
33,655
1,147,560
179,401
794,170
973,571
173,989
999,411
1,173,400
Totals
£
521,319
67,331
(14,685)
573,965
348,179
53,389
(4,567)
397,001
176,964
173,140

continued...

Page 16

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade debtors
123,137
Other debtors
22,592
VAT
21,846
Prepayments
42,444
210,019
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
£
Trade creditors
39,138
Social security and other taxes
13,347
Other creditors
4,039
Accruals and deferred income
35,013
91,537
13.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
2025
£
Within one year
22,000
Between one and five years
75,500
In more than five years
32,000
129,500		 2024
£
79,755
29,421
15,718
28,929
153,823
2024
£
10,222
10,756
1,671
17,993
40,642
2024
£
26,500
85,500
44,000
156,000

14. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS		 At 1.4.24
£
1,057,322
116,078
1,173,400		 Net
movement
in funds
£
260,198
(5,575)
254,623		 At
31.3.25
£
1,317,520
110,503
1,428,023

continued...

Page 17

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS
Comparatives for movement in funds
Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS
Comparative net movement in funds, included in the above are as
Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS		 Incoming
resources
£
1,184,621
189,531
1,374,152
At 1.4.23
£
884,437
114,974
999,411
follows:
Incoming
resources
£
967,055
180,505
1,147,560		 Resources
expended
£
(924,423)
(195,106)
(1,119,529)
Net
movement
in funds
£
172,885
1,104
173,989
Resources
expended
£
(794,170)
(179,401)
(973,571)		 Movement
in funds
£
260,198
(5,575)
254,623
At
31.3.24
£
1,057,322
116,078
1,173,400
Movement
in funds
£
172,885
1,104
173,989

continued...

Page 18

East Hull Community Transport

Notes to the Financial Statements - continued for the Year Ended 31 March 2025

14. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS		 At 1.4.23
£
884,437
114,974
999,411		 Net
movement
in funds
£
433,083
(4,471)
428,612		 At
31.3.25
£
1,317,520
110,503
1,428,023

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Motability Grant
TOTAL FUNDS		 Incoming
resources
£
2,151,676
370,036
2,521,712		 Resources
expended
£
(1,718,593)
(374,507)
(2,093,100)		 Movemen
in funds
£
433,083
(4,471)
428,612

15. RELATED PARTY DISCLOSURES

During the year the charity paid expenses on behalf of a trustee totalling £766. At the balance sheet date an amount of £766 was owed to the charity.

Page 19