Holswoythy Rural
The Carroll Suite, Ho15WOrthy Memorial Hall, North Road,
Ho15WOrthy Devon EX22 6DJ
01409 259001
inh@holsworthyruraltran5POrt.co,uk
www.holsworth
rur
Itr
ort.co.uk
charity No. 1109623
Company No. 05287515
COMMUNITY
TRANSPORT
HOLSWORTHY RURAL
COMMUNITY TRANSPORT LTD
ANNUAL REPORT
April 2024- March 2025
Charity Number: 1109623
Company number: 05287515
Registered Office:
The Carroll Suite, Holsworthy Memorial Hall, North Road,
Holsworthy Devon EX22 6DJ
th
13 May 2025
LQITEri¥
LOTTERY FUNDED

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Charity Trustees at 5 April 2025:
Chairman:
Evelyn Sharman
Secretary..
Marion Perkin, Downicarey Cottage, St Giles on Heath, PL15 9RU
Treasurer:
John Lawlor
Trustees:
Ken James
David Perkin
Amanda Suitters
John Addicott
Structure, governance and management
th
Holsworthy Rural Community Transport Ltd {HRCT) was set up as a charity on 4 October 1999, as
th
North Tamar Community Transport Association Ltd (NTCTA). On 16 November 2004 NT￿A
became a Company Limited by Guarantee. The company is governed by a Memorandum and Articles
th
of Association dated 16 November 2004. In 2010 the decision was taken to change the name of the
charity to better reflect the area it serves.
HRCT Ltd is run by a Board of Trustees, decisions being made by majority vote (minimum quorum of
three). The Board meets at least six times a year and the Transport Manager, Finance Manager and
Community Development & Fundraising Officer all attend these meetings. The day-to-day running
of HRCT Ltd is undertaken by the Transport Manager and Finance Manager. User representatives
from the registered clients also have separate meetings with the Managers and a Trustee.
Trustees are appointed by the existing Board as need arises, either due to the resignation of a
current Trustee or for specific skills or experience in relation to the running of the project. When
required, the posts for Trustees will be advertised locally. Prospective Trustees will be interviewed
by the existing Trustees, and their appointment will then be decided by vote of the full Board.
HRCT Ltd aims to ensure that a minimum of six months running costs is held in reserves, in addition
to sufficient funds to ensure that in the event of HRCT Ltd ceasing to operate, all outstanding costs
can be met. This is currently the case.
The Trustees have referred to the guidance in the Charity Commission'5 general guidance on public
benefit when reviewing the aims and objectives and in planning of future activities. In particular the
trustees consider how planned activities will contribute to the aims and objectives they have set.

Objectives and activities
HRCT Ltd is based in Holsworthy and provides a service to 29 parishes, most of which are in the
Torridge District area, as well as areas in North Cornwall including Bude and Kilkhampton.
HRCT Ltd exists to provide transport for those who have no transport of their own and have difficulty
in accessing public transport. By doing this HRCT Ltd is improving the quality of life of local people by
making effective and sustainable community transport available in rural areas ensuring better access
to services li.e. retail, training, medical, education, social and other services) for the target
population.
At present HRCT Ltd operates a Ring & Ride bus service which runs at least three days a week, two
school contracts, a Volunteer Car service which is used primarily for people needing to attend
medical appointments and a minibus hire service for local community groups and charities.
The map on the next page shows the main area covered by the Ring & Ride, the 29 southern
parishes of Torridge. The service also covers some areas in Cornwall, including Kilkhampton and
Bude. There are no similar Services available to the Northern part of Cornwall.

Torridge District - Parish Boundaries
64
A>bol*liam
A0￿J￿ Biekwn
3 Alwcrdi$c*)ti
yinglDn
Ashreigney
8 Ajhwatqr
88aloftl
8Ml&ford
9 Black T￿M￿lOn
10 Brpdford
11 aiH(hworthy
12 Biidgwjle
13 &oad4Yoodwitlqer
14 8uckl.8nd Bre'lier
15 8ucklar.d Flllelgh
lfj Bulkworihy
18 Lk)¥elly
19 CorAoury
35 Littloharn
36 L.itilÈ TDmnqion
37 Luffincoll
38 k4et1on
39 lA1¢￿n D￿1¢1
40 K4DfjklobJh
41 N(Tdham
42 Nr*thwtt
43 Si P•rro¢k
52 St Giles on Heath
53 St Giles In th6 ￿1,00￿
21
13vwland
22 E** Purford
23 Frilhtplslock
24 Great Torrtnglon
Hakv
26 Hart13f5d
27 High Bickingion
28 HollocDmbe
4$ Parkha
29 HO1￿C￿hY
AS Peter5 Klaii¥nd
31) HD&worthy 47 Pslrctkslo4Y
31 HLJish
48 Pyv4Orthy
32 Huni$h3W
49 RcborDUg
33 Lpndcross
SO Shebte
34 L￿￿oi￿e
55 T•￿0
56 Thomtsjry
57 Inrginitrv
Weare Crff8rd
59 Wekomb
60 W￿1 Purfcjrd
61 Wlnkielgh
67 WDoll8rd¥wor,hy
63 Yamscc¥Thbe
64 Lundy
PJv%n

Financial review
The submitted accounts show the state of the organisation at the end of March 2025. HRCT Ltd has
secured a Big Lottery Fund grant which will total £189,000 over three years. Further funding is still
being sought, as the Big Lottery grant is not sufficient to cover all the orga nisational costs and
includes £65,000 allocated for a new minibus to replace the lease vehicle. However, additional small
grants are being applied for regularly.
Reserves policy:
Minimum of six months running costs to be held in reserves, plus allowances for redundancy
payments in the event of the closure of the organi5ation.
Current services provided
The Rin
& Ride
Pick Me U
is provided by minibuses. They collect clients from their homes, and
take them to widely varying destinations detailed on a bi-monthly timetable. Anyone who doe5 not
have transport available to them is entitled to use the service, regardless of age or financial position.
The Communi
Minibus Hire
Here for Hire
continues to grow in popularity, with more new groups
using the service, helping an estimated 500+ members of local community groups and charities.
The Volunteer Car
Cars for Care
is co-ordinated from the office and has a small team of volunteers,
using their own cars, taking people to appointments and services. The vast majority of these
journeys are for medical purposes. but occasionally for shopping or other appointments.
HRCT also operates two school transport contrarts for Devon County Council.
Achievements and performance 2024-25
The organisation ha5 $0 far successfully adapted its services to run within budget, with funding
coming from the Big Lottery Fund, various small grants and local Town and Parish Counci15. Services
are still reduced from what had been previously offered prior to 2023, but all Ring and Ride clients
have access to at least one journey a week, and the volunteer car service is meeting most requests
for transport to healthcare appointments.
The replacement of the leased minibus with a purchased vehicle has reduced the outgoing costs on
vehicles, with the bonus that the vehicle is more comfortable for the clients. Fares have been
increased slightly, as have membership fees, hire charges and the annual Ring & Ride membership
fee. Bude Age Concern are also Sponsoring part of the cost for Bude clients having received a
generous legacy. Numbers of clients have generally increased across all services.
The hire service for Socal community groups and charities continues to be well supported, with many
local groups and sports clubs using the buses on a regular basis.

Ring & Ride Passenger numbers
350
300
250
2020121
200
150
+2021122
2022123
2023124
loo
50
2024125
The Ring & Ride service continually adjusts to passenger need and demand, altering destinations and
combining different pickup areas. HRCT aims to provide the best possible service to their clients,
whilst being mindful of increasing costs. Minimum numbers of clients are required to run trips, and
every effort is being made to reduce costs while continuing to meet client need. This year has seen a
slight increase in passenger numbers, which is shows that the service is working efficiently as the
number of trips has not been increased.
The Volunteer Car service numbers have risen again for the fourth year running. The service is
running well, and some new volunteers have been recruited after the loss of several during and after
Covid. The booking fee has been kept at £3 perjourney. This is a time-consuming service to provide,
with each journey invoSving multiple phone calls.
Volunteer Car - passenger numbers
80
70
60
50
+2020121
40
4@m2021122
30
2022123
20
+2023124
io
••w2024125

,'4RSFOR ¢AFIE J RifiGA.PID RIDE .. HERE foR HIRE
The new minibus, nicknamed Ursula, with staff and trustees.
The long-term future of the service is obviously dependant on continued funding. The Trustees and
staff will continue to work to seek out further funding whilst cutting costs wherever it is possible to
do so without compromising the quality of the services offered to the community.
Report approved on: 20 NAY 2025
Signed:
Name:
Position:

Registered Charity No. 1109623
Company No. 05287515
HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
A COMPANY LIMITED BY GUARANTEE
UNAUDITED REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
A COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Contents
Pages
Directors Report
Legal & Administrative information
Independent Examiners, Report
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
7-11

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The Trustees. who are 31so directors for the purposes of company law, are pleased to present their annual
directors, report together with the financial statements of the Charity for the year ended 31 March 2024 which
are also prepared to meet the requirements for a director5, report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and
Articles of Association. and AccoLJnting 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 IFRS1021 (effective 1st January 20191
Reference and administrative detai15
Reference and administrative detai15 are shown in the schedule of members of the board and professional
advisers on page 3 of this document.
Constitution, Organisational Structure and Objectives
The charity Is a charitable company limited by guarantee without share capital, incorporated on
16 November 2004 and registered as a charity on 16 November 2004. It is governed by a memorandum and
articles of association dated 28 June 2001 as amended on 7 January 2002. Its objectives are to provide a
tommunity transport service for such of the inhabitants of Holsworthy and its neighbourhood who are in need
of such a service because of age, sickness or disability Imental or Physicall, or poverty, or because of a lack of
vailability of adequate and safe public passenger services.
The Directors who control the Charity and carry out the administrative duties are listed on page 3.
In planning our activities we have kept in mind the Charity Commissioners guidance on public benefit and have
followed this guidance to demonstrate the charitable aims are for the public benefit.
Trustees and their Interests
The members of the Charity are directors for the purposes of company law and trustees for the purposes of
Charity law. No directors hold shares but they have all guaranteed to pay an amount not exceeding £1 in the event
of the Charity ceasing and there being a deficiency. The trustees are appointed by the board of trustees following
recommendations from the Nominations Committee.
Future Strategie5
The Charity plans to continue to look at ways of reducing overheads and searching for further funding.
Results
The results for the year are as stated in the attached financial statements. A net surplus of £9,863
(Surplu5 of £36,456 - 20241 arose this year.
The final balances carried forward including Restricted Funds of £21,770 was £133,004.
Achievements and Performance
The organisation has so far successfully adapted its seNices to run within budget, with funding coming from the
Big Lottery Fund, various small grants and local Town and Parish Council5.
The replacement of the leased minibus with a purchased vehicle has reduced the outgoing costs on vehicles.
Fares have been increased slightly, as have membership fees, hire charges and the annual Ring & Ride membership fee.
The hire service for local community group5 and charities continues to be well supported and the volunteer car service
numbers have risen again for the fourth year running
ReseThies
These are held at a level which enables the Charity to carry out its objectives.

HOLSWORTHY RURAL COMMUNITYTRANSPORT LIMITED
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Risks
The trustees have reviewed all known risks and have satisfied themselves that there are adequate systems and
procedures in place to mitigate the risks identified.
Investment policy
The trustees have the power to invest in such assets as they feel is appropriate to the charity.
Surplus monies are held on deposit at the bank.
Responsibilitles ot the director5ltrustees
The charity trustees (who are also the directors of Ho15WOrthy Rural Community Transport Limited for the
PLJrposes of company lawl are responsible ,or preparing 3 trustee5' annual report and financial statements in
accordance with applicable law and United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice)
Company law requires the directors to prepare financial statements for each financial year which give a true and
fair view of the state of affairs of the charity and of the surplus or deficit of the charity for that period.
In preparing these financial statements, the (Jirectors are required to..
l. Select suitable accounting policies and then apply them consistently
2. Observe the methods and principles in the Charities SORP
3. Make accounting judgements and estimates that are reasonable, responsible and prudent
4. State whether applicable UK accounting standards have been followed. subject to any material departures
disclosed and explained in the financial statements
5. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the financial posltion of the charity and which enable them to ensure that the financial statements comply
with the Companies Act 2006. The directors are also responsible for safeguarding the asset5 of the charity and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information.
Legislation in the UK governing the preparation and dissemination of financial statements may differ from
legislation in other jurisdictions.
.lL.
jO-6-zs
Signed...........................-....................
Date..
ON BEHALF OF THE BOARD
E Sharman
Director

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
FOR THE YEAR ENED 31 MARCH 2025
Directors:
D W Perkin
F M Perkin
K J James
E C Sharman
J M Lawlor
Secretary:
F M Perkin
Charity Number:
1109623
Company Number:
5287515
Accountants:
Gareth Pollard Accou ntancy Services
The Old Orchard
Holsworthy
Devon
EX22 6LT
Registered Office:
The Carroll Suite
Holsworthy Memorial Hall
Manor Car Park
Holsworthy
Devon
EX22 6DJ

INDEPENDENT EXAMINERS REPORTTO THE COMMIThEE OF MANAGEMENT OF
HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
YEAR ENDED 31 MARCH 2025
We report on the accounts of the Company for the year ended 31 March 2025 which comprise of the
Statement of Financial Activities, the Balance Sheet and the related notes. The financial reporting
framework that ha5 been applied in their preparation is applicable law and United Kingdom Accounting
Standards (United Kingdom Generally Accepted Accounting Practice).
Respertive Responsibilities of Trustees and Examlner
As explained more fully in the Trustee5' Responsibilities Statement, the trustees (who are also the
directors of the charitable company for the purposes of company lawl are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view.
The trustees consider that an audit is not required for the year under section 144121 of the Charities Act
2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the
charitv 15 not subject to audit under part 16 of the Companies Act 2006 and is eligible for independent
examination.
It is our responsibility to=
l. Examine the accounts under section 145 of the 2011 Act
2. Follow procedures laid down in the general directions given by the Charity Commission
under section 1451Sllbl of the 2011 Act
3. To state whether particular matters have come to our attention
Basis of Independent Examiner's Statement
Our examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be requ ired in an audit, and consequently no opinion is given as to whether the accounts present a
true and fair view, and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention which gives us reasonable
cause to believe that in any material respect the requirements-
To keep accounting records in accordance with section 386 of the Companies Act 2006,. and
To prepare accounts which ar.cord with the accounting records and comply with the
accounting requirements of the Companies Act 2006 and with the methods and principles
of the Statement of Recommended Practice120151 have not been met,. or
To which, in our opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed............
Date-
Mr G Pollard
Gareth Pollard Accountancy Services

HOLSWORTMY COMMU141TYTRANSPORT LIMITED
STATEMENT OF FINANCIAL AcnviTIES IINaUOING THE INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 1025
Restricted Fund$
Big Lottery
Running Redundanry
Costs
Provision
General
Unrestrided
Fund
2025
Total
2024
Total
Note
Incoming Resources
From generated funds
Volunt8ry Income
Attivities for Generating Funds
Inve5trnent Income
51,154
81,S22
40,700
91,854
81,522
110,914
80,899
Total Incomin8 Resources
132,676
40,700
173.376
191,813
Resources Expended
Costs of Benerating funds
C05t5 of generatln8 voluntary income
Governance costs
121,603
810
41,100
162,703
810
154.487
870
Total Resources Expended
122.413
41,IQK)
163,513
155,357
Net income/lexpenditUTel for the year before transfers
10,263
14QKII
9,863
36,456
Total funds brought lorw8rd
Total funds carried forward
101,393
111,656
1,6
1,200
20,570
20,570
123,563
133,426
87,107
123,563
The statement of firianci31 artivities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing artivitles

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
BALANCE SHEET AS AT 31 MARCH 2025
2025
2024
Note
Fixed Assets
Tangible assets
18,419
24,557
Current Assets
Debtors and prepayments
Cash at bank and in hand
2,481
113,014
115,495
3.387
96,433
99,820
Creditors
Amounts falling due within one year
io
910
910
Net Current Assets
114.585
98.910
Net Assets
133,004
123,467
Capital and Reserves
Restricted Income Funds
Unrestricted Income Funds
13
21,770
111,234
22,170
101,297
14
Total Reserve5
133,004
123,467
For the financial year ended 31 March 2025 the charitable company was entitled to exemption from
audit under Companies Act 2006, s. 477 relating to small companies and the members have not
required the charity to obtain an audit of its accounts for the year in question in accordance with
s476. The director5 acknowledge their responsibilities for complying with the requ irements of the
Companies Act 2006 and Charities Act 2011 with respect to accounting records and the preparation
of accounts.
These financial statements were approved by the Directors on
and are signed on their behalf by=
jO-6-ZS
.iL.
Signed........-.-.........
ON BEHALF OF THE BOARD
E Sharman
Director

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES
lal Basis of preparation of financial statements
The financial statements have been prepared in accordance with 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
IFRS1021 (effective l January 20151-ICharities SORP IFRS 10211, the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006.
(bl Company Status
The charity is a company limited by guarantee. The members of the company are the trustees who
are also ordinary members.
{c} Income Recognition
Income is recognised when the charity h35 entitlement to the funds, any perforrnance conditions
attached to the itemlsl of income have been met, it is probable that the income will be received
and the amount can be measured reliably.
Income from grants, whether'capital, grants or 'revenue' grants, is recognised when the charity
has entitlement to the funds, any performance conditions attached to the grants have been met,
it is probable that the income will be received and the amount can be measured reliably and 15
not deferred.
For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware
that probate has been granted, the estate has been finalised and notification has been made by
the executorlsl to the Trust that a distribushian will be made. or when a distributuion is
received from the estate. Receipt of a legacy, in whole or in part. is only considered proable when
the amount can be measured reliably and the charity ha5 been notified of the executor's
intention to make a distribution. Where legacie5 have been notified to the charity, or the charity
is aware of the granting of probate, and the criteria for income recognition have not been met,
then the legacy is treated as a contingent asset and disc105ed if material.
{dl Donated services and facilities
Donated professionvl services and donated facilities are recognised as income when the charity
has control over the item, any conditions associated with the donated item have been met, the
receipt of economic benefit from the use by the charity of the item is probable and that economic
benefit can be measured reliably. In accordance with the Charities SORP IFRS 1021, the general
volunteer time of Ho15WOrthy Rural Community Transport Limited volunteers is not recognised
although this may be outlined in the Trustees, annual report.
On receipt, donated professional services and donated facilities are recognised on the basis of
the value of the gift to the charity which is the amount the charity would have been willing to pay
to obtain Se￿iCe5 or facilities of equivalent economic benefit on the open market,. a
corresponding amount 15 then recognised in expenditure in the period of receipt.
lel Investment income and interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured
reliably by the charity,. this is normally upon notification of the interest paid or payable by the
bank. Investment income is included when receivable and the value of investments are included
at revalued amounts.
In Fund accountlng
Unrestricted fund5 are available to spend on activities that further any of the purposes of the
charity. Designated funds are unrestricted funds of the charity which the trustees have decided
at their discretion to set aside to use for a specific purpose. Restricted funds are donations which
the donor has specified are to be solely used for particular areas of the charity'5 work or for
specific projects being undertaken by the charity.

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTING POLICIES {continuedl
Igl Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make a payment to
third party, it is probable that settlement will be required and the amount of the obligation can be
measured reliably. All expenditure is accounted for on an accruals b2515 and has been classified
under headings that aggregate all costs related to the category. Where costs cannot be directlv
attributed to particular headings they have been allocated to activities on a basis consistent with
use of resources.
(h) Fixed a55et5
Fixed assets purchased for contiryuing use by the charity for the furtherance of its objectives are
capitalised at cost and depreciated over their economic lives.
lil Depreciation
Tangible fixed a55ets are written off over their useful economic lives as follows..
Fixtures, fittings & equipment - 250A reducing balance
Motor Vehicles _ 250A reducing balance
OPERATING SURPLUS
Thi5 IS stated after charging..
2025
2024
Independent examiners fee
810
810
2025
Total
2024
Total
Unrestricted Restricted
VOLUNTARY INCOME
Grants
Big Lottery
Devon County Council
Other
40,700
40,700
20,148
755
61,603
9,100
19,236
54,469
82,805
20,148
755
20,903
Donations
Sub5idie5
6,081
24,170
51,154
6,081
24.170
91,854
13.374
14,735
110,914
40,700
ACTIVITIES FOR GENERATING FUNDS
Fares
Mini bus hire
Contract work
Booking services
BSOG.. Vat reclaim
Membership fees
Snail race
Sundry receipts
Amazon smile
18,808
8,906
48.390
18,808
8,906
48,390
18,534
10,315
43,367
3,857
2,229
2,059
392
120
2,659
2,149
2,659
2,149
610
610
26
80,899
81,522
81,522

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Big Lottery Redundanry
Unrestricted Restricted
Restrirted
2025
Total
2024
Total
5 INVESTMENT INCOME
Loan interest
6 COSTS OF CHARITABLE ACTIVITIES
Salaries
Pension
Redundancy
Staff travel
Staff medical
Casual labour
Rent
Repairs & renewals
DBS checks
Telephone & broadband
Postage & stationery
Insurance
Bu5 lease
Bus fuel expenses
Bus repairs & maintenance
Bus insurance
Advertising
Sundry purchases
Online booking
Bank charges
Christmas lunch
Legal & professional fees
Loss on disposal of asset
Depreciation
64,911
2,332
25,845
928
90,756
3,260
80.547
2,638
930
121
48
169
319
3,615
3,931
754
34
970
1,303
1,086
1,439
1,565
300
14
386
519
432
5,054
5,496
1,054
48
1,986
5,496
429
1,356
1,822
1,518
641
1.920
1,376
14,280
14,874
17,108
5,115
95
1,822
1,051
323
91
756
15,4951
8,185
154,487
11.681
15,294
4,459
3,005
499
1,163
307
4.651
16,332
15,294
6,235
4,202
499
1,163
307
1,776
1,197
2,000
2,000
6,138
121,603
6,138
162,703
41,100
7 GOVERNANCE COSTS
Independent examination
810
810
810
810
870
870

HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACcOUTr￿s
FOR THE YEAR ENDED 31 MARCH 2025
8 TANGIBLE FIXED ASsErs
Equlpment Vehicles
Total
C05t
As at l April 2024
Additions
Disposals
As at 31 March 2025
24,096
258,979 283,075
24,096
2S8,979 283,075
Funding l Awards received
As at l April 2024
Addtions
As at 31 March 2025
1,199
209.785 210.984
1,199
209,785 210,984
Depreciation
As at l April 2024
Depreciation on disposal
Charge for the period
As at 31 March 2025
19,094
28,44D
47,534
6,138
53,672
950
20,044
5,188
33,628
Net book value
A5 at 31 March 2025
As at l April 2024
2.853
3,803
15.566
20,754
18.419
24,557
2025
Total
2024
Total
9 CASH AT BANK AND IN HAND
Unrestriced Re5trirted
Unrestriced Restrirted
22,170
96.327
106
Lloyds account
Soldo card
Equals Card
91,244
21,770
113,014
74,157
106
171
91,415
21,770
113,014
74,263
22,170
96,433
10 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2025
2024
100
810
910
loo
810
910
Trade creditors
Accrua15
11 CONTROL
The company wa5 controlled throughout this period by its directors. The present directors are as listed on pa8e 3.
12 TAXATION
Holsworthy Rural CommLJnity Transport Limited is exempt from tax on income and gains falling within section 505 of the
Taxes Act 1988 or $256 of the Taxation of Chargeable Gains arisen in the Charity.
io

HOLSWORTHY RURAL COMMUNifi TRANSPORT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
13 RESTRICTED FUNDS
B/f
Income
Expenditure
C/f
Movements in restricted funds were as follows
Big lottery
Redundacy provision
1,600
20,570
22,170
40,700
141,1001
1,200
20,570
21,770
141, 1001
14 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
Funds
Restricted
Funds
Total
Funds
Tangible fixed assets
Current assets
Current liabilities
Net assets
18.419
93,725
19101
111,234
18,419
115,495
19101
133,004
21,770
21,770
li

INDEPENDENT EXAMINERS REPORTTO THE COMMIThEE OF MANAGEMENT OF
HOLSWORTHY RURAL COMMUNITY TRANSPORT LIMITED
YEAR ENDED 31 MARCH 2025
We report on the accounts of the Company for the year ended 31 March 2025 which comprise of the
Statement of Financial Activities, the Balance Sheet and the related notes. 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).
Respertive Responsibilities of Trustees and Examiner
As explained more lully in the Trustees, Responsibilities Statement, the trustees (who are also the
directors of the charitable company for the purposes of company lawl are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view.
The trustees consider that an audit is not required for the year under section 144121 of the Charities Act
2011 (the 2011 Act) and that an independent examination is needed. Having satisfied ourselves that the
charity is not subject to audit under part 16 of the Companies Act 2006 and is eligible for independent
examination,
It is our responsibility to=
l. Examine the accounts under section 145 of the 2011 Act
2. Follow procedures laid down in the general directions given by the Charity Commission
under section 14515llbl of the 2011 Act
3. To state whether particular matters have come to our attention
Basis of Independent Examiner's Statement
Our examination was carried out in accordance with the General Directions given by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also includes consideration of any
unusual items or disclosures in the accounts, and seeking explanations from you as trustees
concerning any such matters. The procedures undertaken do not provide all the evidence that would
be required in an audit, and consequently no opinion is given as to whether the accounts present a
true and fair view, and the report is limited to those matters set out in the statement below.
Independent Examiner's Statement
In connection with our examination, no matter has come to our attention which gives us reasonable
cause to believe that in any material respect the requirements,.
To keep accounting records in accordance with section 386 of the Companies Act 2006; and
To prepare accounts which ar.cord with the accounting records and comply with the
accounting requirements of the Companies Act 2006 and with the methods and principles
of the Statement of Recommended Practice120151 have not been met,. or
To which, in our opinion, attention should be drawn in order to enable a proper
understanding of the accounts to be reached.
Signed......-..............................................................................
Date..
Mr G Pollard
Gareth Pollard Accountancy Services