RegSslered Company number 05329004 Reglstered Charly number 1110204 ASHBOURNE COMMUNITY TRANSPORT TRUSTEES REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ASHBOURNE COMMUNITY TRANSPORT Report and accounts Contents Reference and Admlnlstralfve Detalls of Iho Ceffipany Rewt of the Tru8te85 Independent Auditors, Report on the Flmnaal Statements C(Moldated Statement of Rnancial ￿t￿ltIeS &10 11 Consoldaled Balanc& Sheet 12 Company Ba]anc6 shget Consolldated Slatemenlof Cash Flow8 13 14 Note5 to aGcounts 15Q1 ASHBOURNE COMMUNITY TRANSPORT REFERENCE AND ADP*llNISTRATIVE DETAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 DECEMBER 2024 Tru8t•e$ Ms P A Laughln Mr S Grlfflth8- r85￿￿￿ 14th October 2024 Ms J Hards Cllr S Lees Cllr D Murphy Mr R Watson Secrotary M8 P A Laughln Audlt Buckler Sp8ncer Lkniled Old Police Stall¢)n hur¢h Street Sw8¢Jllncat8 Derbyshlre DE118LN A£￿untants AlexandBr Accountancy 12 Granary Wharf Buslness Park WetmcTr Road Burton Trenl staffordshlre DE14 1DU Reglstered office Blenhelm Road rfietd Industrlal Estate Ashboume Derbyshlré DE6 1HA Reglstsred number 06329004 ASHBOIJRNE COMMUNtrY TRANSPORT REPORT OF THE 7RUSTEES FOR THE YEAR ENDED 31 DECEIIB&R 2024 TheTnth9 pr￿1￿1T rgpor14nd lorlhg warthd 31 The h&￿be￿ preF•ed In acC￿anCe w41h Ile eetr)unilng W￿c￿88t￿l In Not8 1 ltslhb attounl&and c<4rylywth govomlw d￿monl lh8 CJrs In w9 pas&engortr4nspryt lorhww arvj owc*lBtn￿lrSb8WXjWkn￿ fwr elglJl8 for NHS wim1$Blon￿ 6¢r¥lw'. affothbla, S￿*8$1￿￿tranS1￿1c¥1￿@W), and C¥Jmm￿￿ty¢￿llSthtbn￿ r8la8r8d vlthlb) ourareas of opern￿On. Our￿1£1 and Gon¥Nnltygroups ￿e￿all and ln¢kndosp￿tsWj, nol'onal b)a8S6uch a3 Ihp srKrtrta85cdthJn. thurd) grcxy, WDmBn's insblules and IrWnt[ur￿ du To (Wherlhb tran4<4tafvJ a rwG6 oftsjgtomers. 4ACT PwwAulstanta are If*n￿ tothe nalbjrd IADAS slantsrd 8nd hokl Bnhanc8d DBS and earbfic8iB5 fm8ccrgdlbJ trglthg In saWrtkng,flr5t abj 8ndwfieek*alr Anag8m8nl. T• r8w8s8rds a ￿￿kantC0￿1 Ic ts vipany. Aerr￿￿ no pthlofundlnll 2nd Its ffirT￿gh MnMwort( andth8 commerdd acw ol ¥thdtyo*n8d 8ubsldiwytheAel*own& LIWe Su8 C¢mwny ILBCI. LBC a Irthd i)JmFawyranlwd ty slwg lall uwned byAtrr) Its Board cl Dlr*knvthl¢h ]rK4￿10$ reprneentthe8 fm the ACTBowd orTn￿, W hr*lsa wmmerdal (*w*s10} Licon￿-1¢yth9 North Westand ￿￿tMEd￿nds ar9è9-48 AshboLY4e ComMMiyTran6WtUa Tho Ashboumo LNU8 Bu8 C￿>￿¥. LBcQ￿r9le8 as a ¢ommTrAd bug C4)mp8ny. meetsig all &taDJtoryand l*lativo requlwthts ofthe 80Ctor. Inf*MIiT4 emplw drfvu8 hoklw PSV I1W￿ gnd up toé810 Cèth¢awsrfFYofgsShx￿ Camwierw, To retekn traclknn kn a maTk*th8 C4Mpwryha5 ioflnmthèarvcplats tralnkng ￿*Ich h&$ bE¢¢m0 a MBJ¢x¢jpw￿WIcthI. ASH80URNE commuN￿y TR•lNSPORT PEPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Th&fwthg Tewlr•Jtorttaln the charbble 58Mrnb Ispthkl¢d ty thè loloiV•wtype8 of8cd¥itr. . OP8rnlng Lac81 Aulhorfty Contr￿1$ requlrfbvj 8¢£w￿bI•v￿1￿oB and9PaQ[￿StSWI￿rt-¥OmO ofwhl¢h con 8IUI b S19 ¢f tha Road Trafflo -faro6 fDr¢u6tonknJ B8fVth8, ¢ommwtyarKI •¢yW yrtyrj uaa -mnlÈsdcrfMtod ftorn 5UTNLP8ofrom Ihèa¢MYor￿trad1ng ￿. *thlch l¥waudo . wnnfw local and speBlall8ed ¥?rvttss, tncbjthg hom&lo 8 - kxfvate hlre In*)24, Ch8rtyC4ythu•J to rply ts8vBSbbWfyrfwwpJu&&&lmm Ih&7Awk oflhb tyxthrq orn1, th8sB much rethjced by Ihg contnLlng Inc¥eases In flx8d CDsls-vw and vehlL*cos15 aryj mthtenance.To maIn￿n uJmpedllven8BE allEaGUng drfvorsawe upln to the IrKr8858 kn tho Natsl Uvkno W8ue(OS%) %YaspakÉ aonyb9 ts buglnB5595.Vfihldo ¢ost 1nrTOA￿ ofbth8n 1￿15% woro al80 oxperfencqd Uncerl&tyw08 8150aoaW irythB 8t&t8 of LO￿lAUthOrity1}￿nc￿ts l&*air4to re(kKtM8 th tho Iwd$ ol tlw llo1illca¥onof ts Iwy laftnlmUonolAdultS¢dal Car• CoDtr8d888 a r8sullofth9 ofMullDByC¥a Cemms 8TRATEGIG REPwr**** eu)w8sto£1,33&643 tor Rasouw I￿al*d£l,351,8T8ast￿￿ptrtd kn £1,4&2,￿11 ts 202& Further1￿￿￿kn7 [8 elKI￿ In the noks kt ¥t*am# Tho altad)ad 1IM)d818tat￿rta ohvwth6￿r￿enf 8tatec1theflnw￿¢&¥￿*th tholnMt4e6 con6thrto b68¢mR￿. Underts M8mor8ndum ar¥J ArUdo5 ofAw*lluTr the Dyryanyhas th&powertr• Invwtln anyweyth8TFu8t855 E801i TNste•B. rwjatd lothe IquldllyreWrem8n￿* lo thor6s&Nv poHGY. haw operatal 4 pollcyolkeoplr¥J swplusts￿th lTrqxBd tBW IKJnd& and Internst￿￿1rvj dwI1a￿￿ts, 80ekkng tool)tththgbosl￿lth￿ InWT*g4nd Ihl# ( b) JJ24. Th8 pdky relqle8 6) ￿ unraAtrl(*dli¢nd& he>J tsfr)mMd￿ r￿11*fr￿￿09b ASH8OURNE COMMUNfTY TA￿spoRT REPORT OF 7HE TRUSTEES FOR THE YE￿1 ENDED 31 L)ECEMBER 2024 .ACTr￿￿￿¥ ￿ Re&lrfBted qndth¥olw&all fwids on the She8t arg h18n￿l*l4 Urmtyict6d .ACT Pammnsnt Endowm•ni Fub> -ACT ha¥ r8t?Ivbd Exp6ndoblB EmJv•nnan16 In thefc*m ofdLThfjon& Inthl6 (wo the to drecIthe￿ mc* b 8UPP)rt ohorttabk 8dMty9nd to Infomi tlw donallw wrdlryJty -Acf has Ilabinde81n relBIi(*) lothefc**#ny as IhoAnnuo1 R6Wt and Amnl&' ' r•nts r8lailng lo thg HQdopol aNI offk*&and fknr*¥>irnlng c*r*e*112 months} * v8h1doh1￿ ¢h8rw kn r¢laUorttoagre8d hIre￿0d5 . Legal roquiroments to meet￿￿v￿￿e$ 8nyp)tsnlal redunthAd&s Acr$ 9*wal pcWl•thgr*fo",8 fo bufjd up 8 W of lowr and St￿ I￿q￿raIlr3￿l liat411U891 ts) MWeA&k, Lmjlhl rnell ag#kn8tthrttgmi wunexpecw Impaoten tts Llsruptkm lo tha 4r88d plan. MlnlnwJmTw¥rtL•4*1 ¢1 R•saTVO Ihg*etknl ofrow￿ rnnalnsLI £IQQ,000. Hc4Yover. fv los$ ofwrng￿ts* •rtd th8 IMpa(a0flhaeth￿d inffftd 6ts tho obllltylo addto osFtrwlh ond dw8lwmontr8sw Inv•Alm•rtPolky ven FQ8knn ofthe Charity, Board ljas al￿￿a ￿￿Of1￿￿￿9¥ehIdos&rtd thi5 Ime ¢￿￿1n￿¢. kn at 31it Dfjoemljer 2W ACT only 3 v8hlrlesoth olaljo8tof￿. As ¥Jetho t￿1 of 904￿U￿ m0knt0n8￿8h1¥ I￿e36￿$1￿1fKa￿lly mterrf￿ of t￿Se koptunderwty￿8W, Pla F4Jlityof rxovkfro InL¥Jm¢ tsru￿ Cmrfwfrom iha &Uvllyof a Ir<rYa ami oNoln rBdned durfrvJ thB ￿&r builNs mr￿81 wa& Impac18d tythè10$8 cl a the fBducthJnoflhB r8quirBrrErts io another, es well 8s few8rcontr8cts on offer duo Ic* *IAuththfThrK2al r4Jnstralnts 8nd8 rwlwtton In ¢¥)￿￿11￿ wJthstsrnatsrrlvabWth b886& .ACTthwitabk 8er4108E L+IH CKffjfjrue b bg fvtha Deparknwrt rfTrdrwrf8 f*4*8d WId￿colagraed 0x￿P))￿S tr8191822 njlgs th Mnvnercw Il*rf(Undertkn￿ ts Psvkncg byACT TIA aB Th•A£h1￿M LIUbJ .Th8 *Dukl th81L8C 91￿¥ it5 COM￿[rA￿l aclNityb pro¥*l& o)nllnu8d BUFfAJrttoACT. Prt hhB ￿￿kIra￿aITr an 8888nlM wtofthe 8 n8wtswln066 mL¥Jal and cJwgl¥wd sys .ACTTMxld 9uppty drfvors, ocwlcThl voN(I914rg ¥wJ 4 80F¥1¢4d ¢th, IKludlng ath)th1gbEtknand to L8Cf¢ra Ilxd rTr)nlhlylee. LBC tantracthtrè ¥ehlcl8s but rKlthrg¢lyM¥4¥91off -Bldswwld b8 rn￿10 to retakn key(*mlrnXs uptsror￿￿l . r￿n￿d￿lIDn￿Jl￿d ￿p1Ven to ￿ pLth0￿mgkjTr o1th8bu&hw8 kThrfv8m8rt in r*¥4rtloc41 . Ihe ove￿[ p￿￿en￿￿o￿&, to kndud•• vthldo rwknwlold8nllfythe mu5tsu5kbb vohklg%foT pas8wr8, Ihg onylrthmgntand the ieyr4in In*wlYthACT opwats& ASHBOURNE COMNIuN￿YTRAN8P0RT REPORT OF TrIE TRUSTEES FOR ThE YEAR ENDED 31 DECEIABER2024 ChArtyl¥ oJntroAqd by Its w¥8rnlrq dotXTh8n4 adaad of Intsi, and Lxn51knJLBS a Ilmlt8d Lyjnyany. by9u0￿n1e& ￿d￿lned byts Ac4¥YX. In hvkl thJ*vJth8 Ilwa8agr88d ihBlthe88 shDukl and upd*d &8 necess￿. ThB ChwW8 adnthl8tra￿n ￿￿41& orgpTTh*JEd inth8 Referw andAdmlnl8trstfvts DdBII$ SBcth)n olthbreptyt. ThB Tn*kn, alNo the dlieGbJfB ILYthe sxjrpw Of¢￿patty thg ye￿ore80 WDVIW on Rthnce Palmhkqtrddve D8t&16 WO. Oryattlssttonal Stru TheACTB¢JgnlclTftrntOag ￿ fxiMprl6¥￿Pl012 mgmbgrs ollho 1r￿￿dIlg a nomknated repre8enth&fr￿￿ Ixal coundl$-for rnarbyyB8Tr pe￿￿￿rg ¢￿￿tyc￿)¢j1. D*bstNr8 D4105 DIBttktCw1c￿ and ABhbourn• Twi COU￿1. Th• tknninated wr8swt8kn h•w ilwa>¢ b8Bn (ull mwnbw8 olthe BoaRI th8 CDmmlssk>n and Comrth185 House arnl have ts ￿me rtghis tsUigalcn8 as the(thw8o¥Jd Boanf18 rea￿1ntsd bythè ch￿￿& mwnb8r80lthe knnual Genaral Me￿n9 *fil¢h18 hekl In Sooonknreth ￿ar. M ha¥* IL) Le pal&up memb&* oflho ¢xganlsoUM. Th•ro 8oHrd rrfemtrm os a Person Siwbfio•JtConlrnl Board meml*r restgn8d durfrfj the >var. Th0￿￿￿bItyofWl￿￿1lml￿S*1th 8n Inknt In Tru5twsJDlrxlL¥5 hAs boènknnd kn bo v*knJlkd-an &yrlorKfj #nf￿￿ to te #hared ctsdwlilos. ACT¢hdmMn ffjttMrxI and applk4b19 law. r#swlblHles undBr thDSg $18ndards aro furthar de8crfbed Inthg oudltor rnsponslblitl&s fortho audit of tin financ1￿ sta10rn8riLs s8dk)n of owr We are Independent of the ¢h8rfty in acoJrdance blth the elhi¢o1 req￿r￿nents that we rdgvantto ourwdll ofthp finand81 statsmertB In th• UK Indud1￿ tho FRC'S Ethlc41 Standord, and we hava lulfillad ourothtr rnspon8ibllW88 In accordance vrfth Ihes& rgffjdrements. We bolhv8 that lh8 audtt evktence w8 hav6 tsbtalned ￿ Sufflclentand apprO￿ate to provid8 a basi8 for Dur op1n1c￿. Conth8lonB relatlng to golng COn￿M In au(Mlng the group Ihanclal statsmgnts, wg o)bKlu(fgd the InJ8ts89 usa of tha gdng COn￿M b8Els ofa(xoun1kn9 In prep8Mllon rftho group flnanct81 statèmènts 1> AppmprtAb. Baaed on thoM¥Jrkw parftsrm￿, ￿ havo not Id6nthW any Msts￿8[ urKertai(rtW Tela&TrJ to ovvnts or ¢￿thStha( Irthdual orrdletttiv&ly, may cast s￿￿IfiCent doubt on the ur(yJp ordwws a￿lIty10 thinliM6 8s a golng concern for a pethd of at lea8ttsKfve mcmlhs from when the orlginal flnamlal 8tatemenlswere aulhorfsed for bsuo. OurrosporoltrAllb'¢s bhe rewMblllb"e8 oflhefN8tse8vAth re8peGt togokng d9¥¢￿bed In th6 ralevanls￿s afth Oth•r knlormallon ThB truBta88 Ar& raspon￿b￿ for tho othor infonr¥lign, Th9 ¢Jlhgr irf(mtioTr Infoinauon Included In tre ￿￿Ual reFw othgrthaTr the ffiTrancl81 statements and our a￿110￿8 raportlhareon. Owoplnton on tha flnandal 5lalerr￿nts d083 not fQWQTlhè oth ITth?rmalkn ond. qxcgiA to the extontod*Th¥ise explw slaed In our repor¢ we do not expre88 any fomi of 8ssuran(¥ ¢ondu8kJD thoroon. ¢onnedon vAth a￿￿11 of the group Ilnandal statpmenis. r¢ur r¢S￿n$￿IllY Is to rgad other information and, in dorng s n*tterwhoYw the other Infcrnallon Is malarf• Incor%15tent wmh the grouo flnandd statem8nts arour knDvIAdgv Dblalned in thE audltof 01heTh￿ appea18 to b8 materfally mlBStAled. If Identlfy such malerlal bKon9igknci88 orapparenl rnateTi41 nisstatarw)Is. rtyulred to dOtsrrrrf￿ vthelher there Is a malerkl mi661At8mert in the group fmanclal st818m8nts or a mateTid mlsstatsment of the other lnforrn￿r)n. M, ba5pd on the %￿rkw8 have porform￿l, Ive c(Ythlo Ihal therg b a m8terd nMs81at•mnt oftris informth. vtp are wulrnd to rawt IhAI (acL Wo lo rfjport •? Ihi# regar Oplnion ￿ ¢th•rfflattar pmcrtb•d by th• ComparrtO8 Act 2006 ASHBOURNE COMlllUNln TRANspoifr INDEPENDEwf AUDITOR'S REPORT TO THE MEMBERS OF ASHBOURNE COIIMUNrrY TRANSPORT In our op￿On, bam4 ¢n tho *Drk undartakèn In thè eourye Of1￿ wdlt.. tha Inlomauon glvon 1n.the SlratsglG RapDrt and Tru6teès' Rèport for th&fi)a￿￿1 yearknhthleh thg group flnandal statgments are prepared Is ￿nSIstent￿l￿ the flnanctal statements; and the Stratgglc R8Wt TDxteeg' R•wrt have Lwi prgp¥•J In accordance 8pplcat481og81 requlremonts,, and thg group fjnanclal Bts18ments for yoor end 2023 fwjt audlted. Whle we have performed tAqts on the8è figures ac3>yd8ncg wlh th8 réqulram8nts glvan h ISA IUKI 710, aTr r•qulr•d to hlghlghtthg facl no audll conduotgd on th98& fyure8. Platters on whlch w• are requlred to fgport by Dxe•ptfon In Ihg ilJht olour kn¢w4edgè and understanding of th4 group aNI chartty Its enylronm•nl obt4n8d In tha cour80 of tho audrL V*? have nol bjenlfleé material m1$81algmenls In th& StratEglG Report and th¢ Tn￿lee8. Report. W6 have to r4ptyt In respect olthe folbvlw matter8 ¥4lwo th? C¢)mpanlg8 Atst2￿ req￿￿8 us to rpport to youll, In our oplbkn: adequate havè rK)I b88n k8pL w retwn$ adewate for ourauolt have noibeen reoelved from branthe8 notvlsiied by u$.. or tha ftnajdal siatsmgrts arB mt In Agr6ament*th th6 records ￿{1 retums,. (*rtaln d8fJosure8 or WsteeB r¢rnunwatbDn bylow we not madg., or wg hoyg not I￿1Ve￿ al tha InformatIc￿ and eWalpJTrs ￿ r¢wlYe fwow a￿alL Reaponsibilld•8 of Ini8tq•$ As e￿In￿ mora fijlty In thE& Statgmfjnl of tnkstees. respoMthllllle8. tru¥tO0$ 8r• rnspon81￿e forthe [￿ParatiOn of tho group Ilnandd stat8mait8 and for bdng 6atlsff¢d thol they glve A trug 8nd ts1rvl￿. forsuch Inlvmal wntrol as thb tru8tW8 dolwm5nfr noc*￿ry to enable the PTepar9tlon of group fflnancl41 statements that are freofrL¥n m8tsrf8l mlsstatemgnl. wh8th8r dua to fraul or In th• group financlal Btatemgnts, the tru8tg6sare ro3poTr8W)b for the ¥b￿WI9 ¢ontlnue a8 a wln9 con(￿. dls¢kn$lng, 1$ &pplkabla, mattors ralatsd lo wlrvJ rAincem and th• coneem b&8b of al>%un￿n9 unlèss tho truslg8s etthgr Inlond to Iquidate tho ch8rfty OT to ce080 ep&Mdon$, or have no realE5tk *mativg Ixrtto do so. Audltor rwpon8lblllthg lorthe audlt of group fin4n¢l•l $t•tem•nt8 oblo(Ivg6 or¢ lo obtsln roasonabl8 BssurBnce abwththeth¥r tho flnanclal statemenls ￿ 8 vkde are free Irom mterfal ml$818tamenl, 44)th8r du? tti fraud or gffor, and lo Issué an Sud1t￿.$ reiyxt that inthdgB wroplnkn. R8a￿nable a88UTance ￿ a hlgh 1gvelolassurarK8, bul not a ougrantga that an audlt uJndu¢l8d In a￿￿￿9￿8 vith ISP6 IUKI wlm aw d8tèct a mal8d41 mlsslalgmgnt 8xl$ts. Mtsststements can arfse frorn fraud or orror and ￿nsIdtr￿l matorfAI W, Indlvlduallyor In aggregate. IhByty)ubJ rgaBonabtybe ex￿ to Inf0Jen￿ Ihg awnon*idaclslons ol useT5 laken rffl the ba81¥ r)f flnanclal stat￿8￿￿. Thè èxtent loT￿￿h our FNrKaduies ar8 capable of Irr8gularYJ•s, I￿lJd￿g1ra￿l h detalled belw. ASHBOURNE COMMUNITYTRANSPORT INDEPENDENT AUDITOR'8 REPORT TO THE MEMBERS OF ASHBOURNE COMMUNrrY TRANSPORT Irregularides, Includlng fraud, arè kn8tan¢e8 ofTh)nwQ)mpltsn¢ewlth laws and r¢guldons. We d&8lprt prrtgdur* In Ilne wlth our resF*ms1b￿u8s. Outt￿￿1 above, lo d8tecl matsTral mls5talemenl¥ in of Irrryul8rfY•s, Ind￿lI￿j fraud. ext8nlto *thich c￿r procpduTrB eOPAbb of dot8okng Irr•wlgrillg8, In¢￿￿n# fra￿1 [8 d8iallod ." We oblaln ond 14MS¥tè our underslanding oflfw entity, Its activthei ib (Y)thl ènvt#)Dm8nt. and Ikdy futura d•vqk)pmont8. incbjdllu in raWon to Ihe and rewlatory frAm8W￿ applcablg antity k COMp￿ng th that fr8mevth. BaB8d an thts und8rs18ndlT¥J, we Idontlty and 86808$ th9 rlyk¥ olmabdal n4sst8lèm8nt orth6 gro￿ fjnanctsl Statem￿1¥ *tthrdL tr) fraud or err￿, de8bJn and pwknrm aud￿ prceedurgs ￿ponS1v9 to thIYdO ri8ks, and obtaln wJdll evl¢knc* that IB Buffldent 4nd appmprfate to pro¥￿e a baslsfor ourophth. Th18 In¢lude8 cmskloralkrf) ofth& of act8 by the entttythfi1*￿ ￿ntrary to4ppllc4blg Mnd regulatton8. inckndlng fr￿￿. In response trt tha b19k4)I Irr8gul8rElles and noh)-compllane* wth Jm and regulallonA. Includlng fraud, desvJmd procthM8 wl Inct¢Jl8d.. Enqulryofmanagemenl arowd act￿al 8FKI poE8nilal IlbaalL￿ atM1 dalms 8$ wEII as #(*ual, SUSF*ded and alleged fraud. RevJe*lng mlnut68 of m•èlkngs oflh05e chty ¥Rth goveman¢x; Assèmlny Ihe extent 0fcompl1Art￿ wAth thg and re9￿atIonS consklored to hav¢ a mat￿7 etledon the grc¥LP Ilmnthl 8t8tomgnts orihg opetsiions oflhe enlty Ihrough gnqulry oJMI kn6pothon: R6vl•v*kng group 1Th19n¢i￿ slatomont (Is¢k)wrn lostiig to 8W>FJ)rlkng dD¢umentstk¥n to a56089 c¢xnpDarttr Lqws 8nd r¥gulalk￿s,. rformlry aud*wDrk ovwlhg rknk of management b]as ar¥J ovEThlde ofcontrc4s. Ini*Jthng tesling of BigrufKant￿UrngI gnlrfw ond othgr 0(yuthènts tr apprq)rithe8F. 8o¢aw¢ of Ihe knhorant Ilmltslon9 olan a￿Sit, IhBTr Is a ri8k that￿ *ll Th)1 d•l•ct all iffBgutsril$89. 1n¢&Xlk￿ Ihoso leodlno to a matortal nknlatement In the ITOLP f￿￿Cla ¥tat&mwits ￿ noMomtAian¢ol￿ wulatlon. Th1$ rfsk Inc￿aSe$ the mL¥e that law ￿ r8gukgUon LR reTrK*¥ed from the evèM8 ond transad#)ns rafbxad h trfvgroup llnandal slatoments. aswè bé b$3 IlkBky to b#¢m of In8lanc88 01 no￿￿mplIanCe. Thg risk of notdetfjdi￿ a malerlal mtaslaternent resthg from fraud 55 hlgher Ihqn for one trom errnr, a8 frAud maylnvofve ¢x)IlJslon, forggry. Int￿￿1￿7a1 om1s8J¢Ms, mlsreprasentsflorn, or the overrfdo of Intemal o)ntrol. U¥¢ ofour r•port Thls rwt E8 mado 3018I¥lo ￿ charit£4)le cornpanY8 twste88. 88 a l￿dY. h awdan¢e c￿pIer 3 ofPart 16 DfthB Gomp8nl86 rt2rJ)6. Our4￿l￿work has I￿gn undertaken so thai ￿ mlgm State io thaws trusleès th080 rnatter5v￿ ar6 to slale t¢) them In an audltofs 1gp¢rt 84)d for no other puTrosg. To Ihe fvNest extent pemilttod by law, ￿ do not accept ora88umé r88pcnBhilty to answe ollw than thè ¢harftsbl• ¢omp8ny and 18 Intstso8 93 a tJ*, ts ow ￿dit Yth, knth18 repNt, or for Iho oplrdwws havg Mr Davkl Bgzant FCCA Isthlorsfatutory Aud*)r) For8nd on b8haWof 8u¢klef 4*n¢•r Lknw, SlalutuyAudjtor P0￿e Stadon Ghurch Slrè8E blY&11ln￿te D•Nre rE118LN 1£-4-25 10 ASHBOURNE COMMUNITYTRANSPORT CONSOUDATED STATEMENT OF FINANCIAL ACTIVITIES {INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 DECEMBER 2024 Note Restr10t￿ Unrestricted Funds Funds 2024 2024 Total Fund3 2024 Total Funds 2023 Incomo from: Don8ffion8 and legacles Charitable activiti88 other tradlng actlvltles other Income 5.772 324,914 969,693 2,552 1,302,931 5.772 324,914 969.6S3 2,552 1,302.931 3,807 439,911 887,310 2,615 1,333,643 Expendlture on". Substdlary expenses Charftabla Actm￿88 475,080 876,598 475.080 876,598 425,144 1.Ir28.157 Total expendlluro 1,351,678 1.351,678 1.453.301 Nèt Income (48,747) (48,74n (119.658) Trathr be￿fien funds Net movem•nt In fund8 48,747 48,747 119,658 Recon¢lllallon of funds: Total funds brought forward Net movam8nt In funds 363,477 (48,747) 363,477 (48,747) 483,135 (119,658) Totsl fund5 carrled fr>rward 314,730 314,730 363,477 11 ASHBOURNE COMMUNrrY TRANSPORT Rqglstered number. 05329004 Consolldated Balance Sheet as at 31 DeCeM￿r 2024 Notes 2024 2023 Flxgd Hssgts TangIb￿ 8SS&ts 12 517 517 1.998 1,998 Current assots Debtors Ca8h at bank and In hand 14 214,124 317.793 531.917 202,897 356,175 F)69.072 Creditors: amounts falllng due withln one year 15 (217,704) {197,593} Net currnnt a8s0ts 314,213 381,479 Net asséts 314,730 363,477 Ros•rv8s Reserves 16 314,730 363,477 statom•nt of Ro8orvo$ 314.730 363,477 The Trust88s acknowledge Ihelr responsibilities for cOmpl￿ng ￿th the raqulrements of the Act r8spect to a¢countlng récords and preparation of financlal statements. The financial statemeTrts have been prepared in accordance with the prowsi(M8 appli¢able to entities subject to the small rAJmpanles r8gim8. The fingrKial statgments wer8 approved and authorisgd for188U8 by tha Trustees on arvj were 81gned on I ￿h&If b Mr R Watson - Trustee 12 ASHBOURNE COMMUNThY TRAN8PORT R8glstor8d number: 05329004 Cornpany Balance Sheet as at 31 Docember 2024 Not98 2024 2023 Flx•d assots Tanglbl& assats Invesbnents 12 13 517 100 617 1,829 100 1,929 Currenl asgets Debtors Cash al Lwnk and in hand 14 294,421 161,124 455.545 310,651 184,638 495.287 Crndltor¥". amounts falllng dua wfthln on8 y￿r 15 1141 A32) (133.739) Nel current assgts 314.113 361,FA8 Net assets 314.730 363 477 Reserv88 16 314.730 363.4ri Statement of Res&rvos 314.730 383,4TI The Trustees aGknowlodg8 their respons￿11￿.￿5 forc0mp￿TIO wlth fhB requlremenls of the Act with resp￿1 Io 8rxounUng rgcords and preparatton of finan¢lal slatements. The thanc181 stalgment8 have been prepared In ac¢(wdan¢8 the p￿￿810n3 applc8ble b enllttas subject to thè small companiBs regimo. The flnancid statements were approved and aulhorf8ed for Issu8 by tho Tru$loe8 on and wer8 slgned on baharr by. Mr R Watson- Trusts8 13 ASHBOURNE COMMUNITY TRANSPORT Consolldatod Statement of Cashfiows for the year ended 31 December 2024 2D24 Ca$hllow8 from oparallng act(viti Net cash usad In oFeratfng aCb'vlt￿S IM),934 9,779 Caghflows from Investlng actlvltles Purchase of tanglbl8 flx8d as891s Inter8St racelved 2.552 2,615 Nèt cash lused In y provlded by tnY¢stin9 actlvltlog 2,S52 {2,615} Change in cash and ¢ash equlvalents In the year Cash and cash equiv8lents at the beglnniro of the year 138,3821 356,175 (77,164) Ca8h and ca8h equivalentE al the end of the ygar 317.793 358.175 The notes on pages 15 to 21 fcm part of these Ilnan¢lal stalements 14 A8HBOURNE COMMUNITY IRANSPORT Not•s to th• Accounts for thèy•arand8d 31 Docqrnbgr 2024 1 A¢Munllng polk￿* Th8 flnanci81 slatem￿S olth&thailtth8 txmp•)y, ￿hb￿ 1$ a puWben8fft wrtltyund¥ FRS 101 have boon prÉp¥8d kn acojrdance vAth 1he Chorilas SORP IFRS. 1021 'Accounllr•J •)J Rgpfft ty Ch8rlUB5'. staiemenl of R8commeTrJEd Pradco ap￿lE&blo to lo Acrtsthnca wlth the Ftha￿al Roporung Slarthrd appllcablo In Iho UK and RbpuNk of IrdayKI (FRS 102) {effocdve 1 January 2019).. Fknanthl Standard 102 The Fln8lldal Ropjrbry Skndwd in ￿ UK and Ryknle £4 Irdand and IhÉt ComkwnI￿ 2006. ThB llnandal Btthm8nts hwe been p)rya￿l under th8 T¥￿ CLI￿1[￿a￿l 8tstement Df WinBndBI Adv[*￿8 ISC*AI sr*l CcmL*dated B*r￿ sheet¢¥￿¥D1[dthth¥ Ikn*KABI 8t8tem8nts And Its sub¥ldiqryundertrgklrwJ. Thè rnsuttsoflhgAttsgldkryern an B Ilnè by Ihe UmtsdApprDvlng thtsffin•wl81 sth1am￿l$. Ih8tru8ttts a leBSond￿0ftxrRth1O￿ thattho Ch4rity has adoquatfr resour096 town￿nu￿ In opergtTowl 8xM&rw farth8 tDreB88abhfthJrè. tho tNstee8 conlnug to adcptlh8goiry c4Jntr•m oraC¢oun￿ #) &at￿t& Al InryANe18 r8eA)g￿ In thg Sl8témgntof Flnondd once ts L*Èiityha9 MIMement*> the fvrth. 11 Ik that Inc￿8￿[5 bg recdvad 82¥1 Ihe arwuntoHn bg¥mswwA r*bty. Ghartyw èywdftoE,11 1$ probobb th* 4tran8f8rofoconomk t•n8ffi8￿I bo rw]ulred In $8tLknwnt and ¥muntcath8 thllgthcan bo rneagjred re￿aNy. ExpendknTh 1$ f*xon an￿n￿l and has been da98￿•1 und8r headkng8th&t &ggr8gato 911 cost rothkndk) Ih&¢At¢wy. W￿recostS Ganntstb& dir•attll'bute*a trj PIrt￿lar hga(Ilrtys theyhava be8n 11)cated to a¢fvMes on a basls C￿¥￿tentI4￿ tha In1w￿b￿ fi¥£d assets ire measured at tsjst ￿￿a￿JM￿la￿v& aNI *yxcuff•lali¥tiltroahinerrt ftged a55et8 ore measLwed al o)81 wjmulatfve derffeckn gny awll[￿lI￿a lrnpawmerrt kw&q. l)apr8datbn is pro¥KknA ￿ all tanukn￿ fixed agsels, th th8n freehL*I IW. al rates cakuL*ed to wnboff fv&xl. aBtfmated resl(*Jal wa￿. &BBelevwtyov8rttB eX￿*d fdk)¥w.' Motarwtr&48B EwlpmBnl o¥er7yoBrs ¢Jwer3 YF￿r Urneglrided lurt8 wi be Iwj In aCc4)rd9￿￿lIh thg dwllabbobjwUv85 ￿th&￿ser￿n ottho IN8tees unb* Ihgfi41d5 haYob8en de51ynth fc*otrw p￿￿e& T￿ch￿rIly11 FArt ora groupVAT wlslrallm vlth Thg Ashbwme Llile CUnp￿YLlrn￿￿d.A$h￿WnO CommunityTr8nopJrtl8 tho nomtr￿ted Lx)mp8ny for Iho r8knrns l(rf Ma￿ th& pawnen1•tr￿￿rrfJ the repa￿llent6. (ffi behglfol thgcompanbs In thègThpVAT wlstralthL Tha￿￿￿ty 1$ taxon Ib ch<aL*a¢dv 15 ASHBOURNE COMAIUNrrf TRAPISPORT Notgs to the Aecounts ft>rth8 year ond8d 31 D￿Mb￿r 2W24 2 Inc￿18 from dvniucns and l•g•Jlo# R*4trt¢t4d UnY••tA¢t•d FuThJ8 2024 RqÈtrlct4d Funds 2023 Vnrn8trlct8d F4ftd$ 2i123 4772 T•l41 S.Y72 3 Irom tharIt*lga￿mtl R8thcled UTrrBBtrfctsd 118strldèd UnreBfwl¢tod Pund8 Funds VundJ 2023 2024 265,e6D 69,12T 127 3B6,0fj2 Fares and cc*tra¢ts Gran11 Total 4 knGornofrom thrtradEnB a￿1¥￿tte9 Unr•#trl¢t•d Funds 2023 Funds 2024 Funds rrKomalrom Bubsldl*yeompAny O IncoThg Ircffl Funth 2024 Fyrmls 2024 Furn1$ Fund9 1615 Tolal • Axty8l$•f •xp•rylltsr••n ¢hO￿tabl4 o¢tMtkn• Su#MMry byf*nd typo Ilnr98trkt•d Fund8 Furtd# 2024 Fund& 2024 157 16 ASHBOURNE COMMUNrrYTrANSPORT Nots•to th• Accounts ft+rth• y￿r￿nd9d 31 D9￿Mb•r2024 7 In•￿116 tsf éxpen(tlur•ty Dlract ¢¢$ts S￿pOrt Support Costs 23 Costs 2023 2024 874.8n 201925 822,220 An&iy51sof Qos TrAnsport Totol Jnd# 2024 TM8PQrt Totsl 2029 123,640 561.033 1Y8,640 551,038 197,087 625,133 197, 616.133 Deprec4Alon onvaNcbs 874,673 gupp)rt swppo Total Fund¥ 2023 Funrf$ 2024 2023 122.S32 IA13 20&54 122. 1,312 122,889 lJ8prad*ian oneL*npuiÈr owipThnl 2A43 14,eori 27J97 33,666 4,081 14,eoo 2T,397 PMml885 ¢))sts othor costs 8gnkGlwgefj 32.31S 4,zJe 4.236 201,925 2(t3.g37 205,137 8 Indepnd•ntEurlnoT#' r¢nwner4tlo 2024 F8OÈPV)Ot4èb)thèttthp¥Yè mop￿Try9nt?xarnj O Inthp8ndenlP￿dI1VS. remuAarnthn 2023 10 StAftCoAts Group 719 41.179 81m4 887.687 41.379 11.034 4Q2 11. 11.3BO 673,e65 Thè avewo nLmberofpgr¥(m& tytho Comp￿d￿r￿j aB￿l0 e*tyJp compary 2123 2023 V•hkl& Opera 42 47 41 47 41 No tynptwg to mc¢elh8n £eo,¢)QO In ellhersw. 17 ASHBOURNE ¢OMMUNIIYTR8N8PORT Vor theyear ended 31 Deoefflber 2tr24 fl Trugt•4'9 romun•Mlon b•n•llt¥ There￿[e M IN51eeS remW￿ra￿0￿crf otlw benefitsforthe 310acgmb9T2D24 (>J23.£NLI. rg warg no b￿lee￿, p8kl 3f Oewtsr2024 P023-£NIL}. 12 TI￿gIbl& Ixad a8o•ts Group CoryxrteY& T•tsl Al 1 Jwuwy2 Addlllons SurlLL4 ￿ rov81u& Dlopos At 31 DO¢gffl>er2024 .016 1n,747 IW,818 6.016 180,813 DepR¢l￿¢Th At 1 Ja)uary 2024 i￿rOt thg YO¥ 8,Of8 1,481 172,797 178.81S 1.4B1 On daFQ8 Al 31 I)ff￿b￿￿24 7.459 172,T97 Net bopkvah Af 81 ljec4mber2 At 31 Do¢¢mbw20f& 517 517 1.988 c¢¥n￿ny IAdor vèhlcl8s EqulpThrrt Totsl 7.341 171797 180,138 At 31 Dee4mber2024 Ai l Jmry2024 Ch8rp fc*iho At 31 DwilJer2024 512 1.312 172,797 178. 1.312 Not book valu• At 31 Dec•thr2024 517 517 At 31 Dewnbar 1L¥ ASHBOURNE COMklUNrrY TRANSPORT Note8 to tho A¢eounts fortho ￿ttranded 31 D￿*￿ts2O24 13 Investswnls Company Investh*ntB ub81dl und•rtakkng¥ Cost At 1 Jwpry2024 Na Cpmpany Numbor hKludgd In Tho￿Al￿￿e CtyKpanyUmlt8d 09364842 100% Tha fknonclal r85uR8of the sub5id*ryforthe Expgndltur• Profitlor lh• perfod A8hLhJxn8 Littb Co Ltd 8190 149,849 loo 14 oobtors Gr￿p 2023 Company 2024 2024 Trade dgbt 12Bh30 149,074 81,476 Amwnts o**d tygY¢up woorta￿Ag$ Oth•rd&blJrs tT7,293 36M3 186,346 7.tr22 202.8g6 295,651 Amwnts (*Jeaftsrmtsr8 than on• Irthod abcyo 15.[ 15 Cr•dXor8: amWJtbf#llrtg du•wlthh yèttr Group 2423 coMp￿Y 2024 2024 81134 2(J.fA1 11&tr29 74,020 21,789 101.784 24.784 20A41 9e.127 Tayatlon SLx4ol 8￿rtty CDS 21,789 19 ASHBOURNE COMMUNiff TRANSPORT Nolo8 to tha Aettount# lor th•y￿r￿nded 31 D8oember2024 16 stat•M￿ alaneè at l Jan 2024 In¢ome ExpMd#ur• 31 Dac2024 Ge￿ra1 V£hk48 Co#tsacl U8blHty Fund RedLfftdw¥¥ Llablliiy Fund Prthlsos Uablw fund BSer¥icBs lryrDvBmwl F￿n￿ &n* Bu8es FunLI Umxpeaed Eveth Fun T¢)talfun 173,4TI 20.000 35,QOO 35,IYJLI 25.QOD 25,IJOD 827.851 (B7B.5981 124,79) J4,(MJo 26.￿0 25,C4JO .4 816 827&51 _374.730 Pblwyear Balan¢gal 31 Tr￿2029 1 Jan 2023 kn¢0rn• EXPUnd￿ GgneMI FUNI Contrad L￿bl￿tY Fund R￿ul￿Y LiablmyFund pr8mlses Up￿11￿ Furby Se￿1￿ In*)rtr4èmentFund Srnalbf Bu8eB Fund Unoywtsd EvgnlaFund 293,13S 906A99 11M.16n In.4TI 20,WD 3&1X)D 35,IXIO 85,rm 25,¢fv)O 25,th)0 6D.QDO Totsltundk 483,135 883M7T 17 RecOnGlllath￿ ot nat movomènt In lund*to ¢ash11owfrom opw*lng aclmt Group 2Q23 2124 119.658 U81monts IDr. Doprndatlon cha IrrtBTeEt tewlvgd D￿￿&￿Ill1¥ea8eI In debtOTS Incr￿¥￿(D￿K￿j In 1.481 12&521 (11228) 20.111 12,6151 18,560 21,265 cqth provhd8d tywrallng a¢tWos 779 18 AMtysb 4)F¢wsh 4nfl rash Balan¢• at l Jan 2W Coslthw Balanc• * 31 De¢ 2024 albank8TrJ In1￿ 358,175 38,882) 317,793 ASHOOURNE COMMUNiTY TRANSPORT Not88 ¢0 th• A¢¢oun*s forth• year endod 31 D•¢émb•r 2024 19 pvty IranslldonB T￿ Ashboume ult￿ Dus Compw LIMI￿1 Is a*l¥JllYow￿Y wbsldWolAshbrywngComrrxN*TranBp¢xL In¢lUd￿ In ¢omp8nydd)tarn lallng ¢JugwlNn orn>wl¥ £82,827121Y23. £26,847) owl Imm Th A8hbwrna LIIU8 Bu&Compwry Llmlt8d. J falllry du8 &flor LM9 l& £NIL120fd- E15,OQO) cM*d Irom The A¥h￿￿n9 sum of£30.UOO ¥ra8 ad￿c￿ In 2019 os knterostfrge k>gn. 20 0thorlnfonnalJo ASPBOURNE COMMUNITY T14ANSPQRT Is 8 Ilftw tty guorvAts In Erylpnd. Its T8*8d afflt*l¥. Ashtwmo DArb￿hir¥ DE6IHA 21