Company reglstration no: 05767006
Charity no: 1114100
Preston Community
Transport Limited
(A registered charity and
company limited by guarantee)
Report and Financial Statements
For The Year Ended
31 March 2025
frmha

PRESTON COMMUNITY TRANSPORT LIMITED
CONTENTS
Page
Board of Trustees, Report
Independenl examiner's report
Statement of financial activities
Balance sheet
Notes to the accounts
10

PRESTON COMMUNITY TRANSPORT LIMITED
BOARD OF TRUSTEES, REPORT FOR YEAR ENDED 31 MARCH 2025
The trustees of Preston Community Transport Limited, who are also the directors for the purposes of the
Companies Act, present their annual report and the financial statement for the year ending 31 March 2025,
which are also prepared to meet the requirements for a directors, report and accounts for Companies Act
purposes. The financial statements have been prepared in accordance with the accounting policies sel out in
notes lo the a¢¢ounts and comply with the Charity's trust deed, the Charities Act 2011 and Accounting and
Reporting by Charities.. Statemenl of Recommended Practice applicable to charities preparing their accounts in
accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective
Oclober 2019)
Objects of the company
From the Memorandum of Association "The object of the company is to provide community transport sewices
for such of the inhabitants of Preston and olher areas of Lancashire who are in need 01such service because of
age, sickness or disabilily (n7ental orphysical) orpoverty, or because of a lack of availability of adequate and
safe public passenger seThices."
Structure, governance and management
As Tequired by the Memorandum and Articles of Association. overall responsibility for the company's activities is
vested in the directors serving as the company's board of trustees. Trustees have individual experience and
expertise as seNi¢e users as well as specialisl professional skills. Trustee induction training is provided by the
chair, general manager and company secretary. Trustees are encouraged to participate in training and events
relevant to the company's aclivilies. During the year the members acted as the directors and also the trustees of
the company.
The board of trustees shall comprise not less than three persons. Trustees are elected individually at the AGM
by individual members of the company or persons nominated by organisations which are members. Trustees
hold office until the next AGM when they are eligible for re-election. The board of trustees may co-opt not more
than two other persons. whether or not they are members of the company, to serve as full voting members of
the board.
The main board of trustees meets quarterly and a sub-committee dealing with strategy and planning, finance,
fundraising, personnel. and health and safety. meets in the meantime and reports to the main board.
The board employs staff and deploys volunteers to provide a range of services. Overall responsibility for policy
implementation, service delivery and development and day to day operations is delegated to the general
manager, sub-committee chair and operations slaff based at the Mobility Centre. The Company's vehicles are
garaged at the Store Room, Marsh Lane. Preston.
Summary of aims and achievements
Preston Communit Transport is a small. community led, local charity providing affordable transport primarily for
people with restricted mobility with the aim of alleviating social. economic. rural and cullural isolation and
supporting the transport needs of other voluntary organisations.
Preston CT was established in August 1988 and has operated continuously since then, inilially as an Industrial
and Provident Sociely, then converting to a company limited by guarantee and a registered charity on 31 March
2006.
Preston CT'S minibuses are currently operated under Section 19 of the Transport Act 1985 with services being
provided to members of the Dial A Ride schemes or persons who fall wilhin the statutory definitions.

PRESTON COMMUNITY TRANSPORT LIMITED
BOARD OF TRUSTEES, REPORT FOR YEAR ENDED 31 MARCH 2025 (CONTINUEDI
Community Transport seNi¢es are provided by Preston Community Transport using core funding from
Lancashire County Council. This comes in Ihe form of a compelttively tendered county-wide contract be￿een
the County Council and Lancashire Communily Transport, a consortium of five community transport groups
which belween them cover much of the Council's area. This contract is due to be retendered in financial year
2025126 - this conslilutes a significant risk for the consortium members, which is mitigated by working closely
with the Council.
The County Council funding is supplemented by income generated from fares and olher contributions. We aim
to continue to increase both the number of passengers accessing the service and the number ofjourneys they
make as this will increase their contribution. Vve continue to provide a Shopmobility service in Preston City
Centre even though this no longer benefits from direct funding from Preston City Council- we aim to conlinue to
do so unless costs significantly outweigh income.
During the year we enhanced our Training function in respect of MIDAS (Minibus Driver Awareness Scheme)
and PATS {Passenger Assistant Training Scheme)- these longslanding schemes are nationally recognised as
having a significant impact on both the passenger experience and their safety. During the year a major upgrade
of MIDAS was introduced, partly to focus on a person-centred approach and partly to bring the system into the
digital age. The Communily Transport Association. the custodian of these schemes, needed experienced
Iraining units to deliver the new system and we were delighled to be accepted as the MIDAS Centre for the
North-west of England. This has brought in some immediate additional income but it has significant potential for
the future.
Overview
This year has seen an increase in passenger numbers especially in our group and day trip service. In terms of
passenger numbers we are faced with Iwo conflicting issues. There is an understandable continuing reluctance
of the more vulnerable individuals, who form a majority of our passengers, to resume their previous (i.e. pre-
Covid) travellsocial behaviours. However, on the positive side it is being increasingly recognised within 'official'
circles that loneliness is a major issue and Ihat access to transport for the most disadvantaged is a major factor
in combatting that. As an organisation we are well-placed to ensure that individuals are able to resume a full life
following Ihe pandemic and to continue to provide the vital links from home to social activitieslmedical
appointmentslshopping. etc.
The NHS in its many forms has increasingly recognised the vital role of Community Transport in providing the
links to improve individuals, well-being by giving wider access to social activitie5. 2024125 has seen Preston
Community Transport's active involvement in a couple of schemes funded by the NHS, as well as continuing our
active support for the development of South Ribble Council's Social Isolation network.
At the moment, wilh continuing funding support from Lancashire County Council and project funds from the
NHS, in the short-term our funding position seems relatively healthy. and the increase in passenger income as
our services recover will improve this situation. However, we are concerned that the Government under-funding
of both council and NHS activilies remain a longer-term threat.
Resources
SlaffNolunteers- our team continues to be our major asset and yet again has risen to the many challenges
which face them. Recruiting new volunteer minibus drivers continues to be an issue, as does the recruitment of
Trustees.

PRESTON COMMUNITY TRANSPORT LIMITED
BOARD OF TRUSTEES, REPORT FOR YEAR ENDED 31 MARCH 2025 (CONTINUED)
Vehicles - we have started our vehicle replacement programme. by replacing 3 of our vehicles. A key issue is
the long-term objective to move towards Electric Vehicles- however, following a comprehensive review of
existing replacement electric minibuses al the moment both they and their supporling infrastruclure are
prohibitively expensive, so that in the short-temi at least, we are constrained to continue replacement with
hydrocarbon fuelled vehicles. However, future replacements will take into account both the changes in demand
for our services and the need to provide flexible options.
Services - we provide a variety of transport services, their individual demand has varied over the last few years,
with a general fall following a past reduction of the LCC Contract payments, followed by the Covid disrLFplion
after 2020. However, numbers are recovering. with 24125 figures overall 6.80/0 ahead of the previous year.
Demand for our Community Cars service, which V￿th an ageing population, provides 2 Vltal link between our
passengers and doctors, surgeries has grown by over 30°/0 in the year. In terms of fulfilling a wider communily
benefit. this also means a greater involvement of volunteer drivers.
Key management personnel and remuneration.
The charity applies salaries commensurate with duties which are consistent with local benchmarking. Salaries
are reviewed annually by the Board of Trustees with the minimum in line with the Real Living Wage. The Charity
considers its key personnel to be the General Manager and the Community Cars Cowordinator
Post year-end events
Our vehicle replacement programme has continued with the acquisition of a larger replacement for our SUV
which will continue to Provide wheelchair transport for hire to families but also allow us more flexibility in
supporting existing and emerging Dial a Ride services. without the licence restrictions of the larger minibuses.
We have taken over the Central Lancs Dial A Ride Scheme in Chotley and look to develop a strong working
relationship with the local council with the hope of promoting the service.
Lancashire Community Transport has been r&awarded the contract from the County Council with a slight
reduction in funding and some additional administrative requirements.
Acknowledgements
We continue to be grateful for valuable support from local councils, the NHS and the invaluable support of our
volunteers, as well as our growing involvement with local communities.
Forward Plans
A thorough review of existing and projected ServI￿S is a high priorily., particularly in view of the polential expiry
of the latest LCC contract in 2028.
Reserves Policy
We continue to maintain uncommitted reserves which continue to provide for :.
The maintenance of at least 3 month's operaling costs to allow the restfucturing of the business in the
event of loss of funding.
Funding for replacement of vehicles - although the move to electric vehicles would at the moment need
further financial support.

PRESTON COMMUNITY TRANSPORT LIMITED
BOARD OF TRUSTEES, REPORT FOR YEAR ENDED 31 MARCH 2025 (CONTINUED)
Risk Management
The board discharges its responsibility for risk management by identifying key risks and reviewing and
approving operational and organisational policies including
Corporate, business and financial risk
Health and safety policy and pra¢tice
Protection of vulnerable people
Personnel poli¢ies
Customer care policies
Vehicle and driving management policies
These issues are amongst the topics reviewed by the Operational sub-committee.
Investment Policy
The Company does not directly invesl in anyihing other than Bank Accounts and feel that this is appropriate for
this organisation.
Publi¢ Benefit
Preston CT'S aims are described on Page 1 at'objects of the Company,. Its operations aim to benefit the
community by relieving social, economic. cuttural and rural isolation for members of the public wilh restricted
mobility or lack of transport facilities. As such our operations touch on the Charities Act description of charitable
purposes - '¢ommunity development.. 'human rights, and 'equalily and diversity, and fits description J 'relief of
those in need by reason of youth, age, ill-health. disability, financial hardship. or other disadvantage.
Membership of our schemes is fully open to members of the public and Dial a Ride services are required to be
provided to eligible members of the public under the Transport Act 1985. Any user charges are kepl as low as
possible and are reviewed regularly. Within our Objecls, access to our services is unrestricted within our
geographic area of operation. within Ihe limits of our operational capacity or unless safely would be jeopardised.
We aim to minimise environmental detriment through our supply chain and by always seeking to optimise
vehicle occupancy.
Flnancial Performance
The out-turn of a small deficil is a reflection of the success in the delayed replacement of our older vehicles
which has resulted in a higher depreciation charge, in part offset by a profit on disposal. This compares with the
surpluses earned in recent years with a lower depreciation charge resulting from an ageing vehicle fleet. In
terms of funds we have retained sufficient reserves to allow for vehicle replacement.
Small company provisions
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies, regime.
This report was approved by the Board of Trustees and authorised for i55ue on I'T
behalf b
ned on its
Mr C Smith
Trust
Mr P T J Bell (Trustee)

PRESTON COMMUNITY TRANSPORT LIMITED
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025
which are set out on pages 8 to 19.
Responslbilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible
for the preparalion of the accounts in accordance with the requiremen15 of the Companies Act 2006 ('the 2006
Act,).
Having satisfied myself that the accounts of the company are not required to be audited under Parl 16 of the 2006
Acl and are eligible for independent examination, I report in respect of my examination of your company's
accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011
Act.
Independent examlner's statement
I have completed my examination. I confirm that no matters have come to my attention in ¢onne¢tion with the
examination giving me cause to believe that in any material respect..
accounting records were nol kept in respect of the company as required by section 386 of the 2006
A¢l', or
the accounts do not accord with those records.. or
the accounts do not comply wilh the a¢¢ounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a 'true and fair view, which is not a matter considered as
part of an independent examination: or
the a¢¢ounts have not been prepared in accordance with the methods and principles of the Statement
of Recommended Practice for accounting and reporting by charities applicable to charities preparing
their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic
of Ireland (FRS 102).
I have no concerns and have Come across no other matters in connection with the examination to which attention
should be drawn in Ihis report in order to enable a proper understanding of the accounts to be reached.
dicc,,,
Nicola Mason FCA DChA
MHA
Chartered Accountants
Preston
..I.fJiDo.Lii￿b(f gogo

PRESTON COMMUNITY TRANSPORT LIMITED
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 202S
Unrestrlcted
funds
Restricted
funds
Total funds
2025
Total funds
2024
Note
Income from:
Donations."
Other donations
3.122
3,122
1,673
Charitable actlvities
255,619
255,619
226,882
Investments
6.888
6,888
6,335
Total income
265,628
265,628
234,890
Expenditure on:
Charitable activities
309,130
309,130
244,396
Total expendlture
309,130
309,130
244,396
Net incomel(expenditure)
(43,500)
(43,500)
(9,506)
Transfers between funds
Net movement in funds
{43.500)
(43,500)
(9,506)
Reconclliation of funds:
Total funds brought forward
467,197
467,197
476,703
Total funds carrled forward
423,697
423,697
467,197
All the above results are derived from activities which are continuing.
All gains and losses in the period are included above.

PRESTON COMMUNITY TRANSPORT LIMITED
BALANCE SHEET
AS AT 31 MARCH 2026
2025
2024
Note
Fixed assets
Tangible assets
10
92,236
91,392
Current assets
Debtors
Cash at bank and in hand
11
17,526
351,130
20,505
391,120
368,657
411,625
Creditors: amounts falling due wlthin
one year
12
(37.196)
(35,820)
Net current assets
331,461
375,805
Net assets
423,697
467,197
Reserves
13
Unrestricted general funds
Unrestricted designated funds
Restricted funds
72,015
351,682
115,515
351,682
423,697
467,197
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477
of the Companies Act 2006 relating to small companies. No members have required the company to oblain an
audit of its financial statemenls for the year ended 31 March 2025 in accordance with section 476 of the
Companies Act 2006.
The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which
comply with section 386 of Ihe Act and for preparing financial statements which give a true and fair view of the
state of affairs of the company as at the end of the financial year and of its incoming resources and application of
resources, including ils income and expenditure, for the financial year in accordance with requirements of sections
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the
small companies, regime.
These financial statements were approved by the trustee5 on 17
/.1 .go2Snd were signed on their behalf by..
Mr C Smith {
ustee)
Mr P T J Bell (Trustee)
Company Number: 05767006

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Accounting pollcles
The principal accounting policies adopted. judgements and key sources of estimation uncertainty in the
preparation of the financial statements are as follows-
Basis of preparation
The financial statements have been prepared in accordance wilh Accounling 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 issued in Oclober 2019,
the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102),
the Charities Act 2011, Ihe Companies Act 2006 and UK Generally Accepted Accounting Practice.
Preston Community Transport Limited meets the definition of a public benefit Èntily under FRS 102.
Assets and liabilities are initially recognised at historical cost or Iransaction value unless othe￿iSe staled
in the relevant accounting policy note(s}. The financial statements are presented in sterling which is the
functional current of the company and rounded to the nearest £.
Going concern
The trustees assess whether the use of going Goncern is appropriate i.e. whether there are any material
uncertainties related to events or conditions that may cast significanl doubt on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a period of at least one
year from the date of authorisation for issue of the financial statements. The trustees have concluded that
the charity has adequate resources to Continue in operational existence for the foreseeable future and
there are no material uncertainties about the charity's ability to conlinue as a going Concern, thus they
continue to adopt the going concern basis of accounting in preparing the financial statements.
Company status
The charity is a company limited by guarantee. The trustees are drawn from the members of the company
and volunteer members. In the event ofthe charity beingwound up, the liabilily in respect of the guarantee
is limited to £1 per trustee of the charty.
Fund accounting
General funds are unrestricted funds, which are available for use at the discretion of the trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds Ihat have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial slalements.
Restricted funds are funds which are to be used in accordance with specrfic reslriclions imposed by
donors which have been raised by the company for particular purposes. The cost of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted fund
is set out in the notes to the financial statements.

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies {continued)
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the item{s) of income have been met. it is probable that the income will be received and the amount
can be measured reliably.
Gifts in kind donated for distribution are included at valuation and recognised as income when they are
distributed to the projects. Donated facilities are included at the value to the charity where this can be
quantified and a third party is bearing the cost. No amounts are included in the financial statements for
services donated by volunteers.
Expenditure
Expenditure is recogni5ed once there is a legal or constructive obligation lo make a payment to a 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 basis and has been included under expense categories
that aggregate all costs for allocation to activities.
All costs of running the vehicles are charged to direct charitable expenditure.
Support costs are those resources expended in relation to the running of the charity and that are not
directly attributable lo the charitable activities that are undertaken.
Governance costs include those costs incurred in the governance of the charity's assets and are
associated with constitutional and statutory requirements.
Any expenditure for a future period is prepaid in the accounts until that period. Resources expended do
not includ8 VAT that can be reclaimed.
Investments and investment income
The company has no direct investments other than cash at bank. Interest is earned on surplus cash
balances.
Tangible fixed assets and depreciation
All fixed assets are initially recorded al cost. Depreciation is provided on all tangible fixed assets at rates
¢al¢ulated lo write off Ihe Cost over their expected useful economic lives as follows..
Scooters and wheelchairs
Motor vehicles
Compuler equipment
other equipment
over 7 years
33 % reducing balance
over 3 years
over 10 years
Debtors
Trade and other debtors are recognised at the settlement amounl due after any trade discount offered.
Prepaymenls are valued at the amount prepaid net of any Irade discounts due.
Creditors
Creditors are recognised where the charity has a present obligation resulting from a past evenl that will
probably result in the transfer of funds to a third party and the amount due to settle the obligation can be
measured or estimated reliably. Creditors are normally recogni5ed at their settlement amount after
allowing for any trade discounts due.
-10-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
Accounting policies {¢ontinued)
Financial instruments
The charity only has financial assets and financial liabilrties of a kind that qualify as basic financial
instruments. Basic financial instruments are inilially recognised at transaction value and subsequently
measured at their settlement value.
Operating leases
Rentals applicable to operating leases are charged to the SOFA on a straight line basis over the term of
Ihe lease.
Taxation
The company is a registered charity and is not liable to taxation on its charitable activities.
Pension contributions
The company's employees are entitled to join the NEST pension scheme. The accounts of the scheme
are held separately from those of the charity. Contributions payable are charged in the Slatement of
Financial Activities.
Judgements and key sources of estimation uncertainty
In the applicalion of the charity's accounting policies, the trustees are required to make judgements.
estimates and assumptions about the carrying amount ofassets and liabilities Ihat are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and
other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only
that period. or in the period of the revision and future periods where the revision affects both current and
future periods.
The trustees do not believe that there are any estimates and assumptions which have a significant risk of
causing a material adjustment to the carrying amount of assets and liabililies.
-11-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
Income from charitable activities
Unrestricted
funds
Restricted
funds
2025
Total
2024
Total
LCT contract income
Bu5 Service Operators Grant
Group transport income
Dial A Ride fares
Shopmobility hirè charges
Lancashire Ranger
Driver trainin9 income
Miscellaneous income
Community Cars
Lottery donations
L&L income
DAT Training Income
121,254
3,108
32,300
20.718
11,165
18,810
1,671
121,254
3,108
32,299
20,718
11,165
18,810
1,671
110,892
5,478
32,161
20,638
10,176
11,923
940
3,836
5,000
1,347
24,491
135)
(35)
46,629
46,629
255,619
255.619
226,882
Specific Dial A Ride and Communily Cars income from Lancashire County Council ended in March 2015.
Preston CT joined with other CT operators to build an informal consortium (Lancashire Community
Transport) and mount a joint bid for the new LCC contract. This LCT contract income therefore replaced
the previous income streams.
The total income of £226,882 in the previous year comprised all unrestricted income.
Expenditure on charitable activities
Unrestricted
funds
Restricted
funds
2025
Total
2024
Total
Transport and related services
Vehicle running expenses
WIC and SIC purchases and spares
Depreciation
Volunteer expenses
Slaff expenses
staff salaries and wages
storage costs
Support costs (note 4)
Governance costs Inole 5)
52,061
52,061
37,965
611
27,025
1.289
39,539
1,568
39,539
1,568
93,751
93,751
88,411
119,747
2,464
119.747
2,464
86,459
2,636
309.130
309,130
244,396
The above expenditure relates to the one charitable activity.. the provision of community transport
seNices.
The total expenditure of £244,396 in the previous year was all unrestricted expenditure.
-12-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
Support costs
un￿strICted
funds
Restricted
fund5
2025
Total
2024
Total
Slaff salaries and wages
Rates
Insurance
Light and heat
other office costs
Depreciation
Bank charges
46,296
1.181
46,296
1,181
42,552
1,067
1,090
10,120
31,170
9,397
62,309
9,397
62,315
564
564
460
119,747
119.747
86,459
Support costs include administration, management and strategic development time.
Governance costs
2025
2024
Statutory accounts and independent examination
other accountancy services
2,100
364
1,995
641
2,464
2,636
Net incomel(expenditure) for the year
2025
2024
This is stated after charging..
Depreciation of tangible fixed assets- owned by the chariiy
Independent examinalion fees
other accountancy services
39,539
2,100
364
27,025
1,995
641
-13-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS ICONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
Staff costs
2025
2024
Wages and salaries
Social security
Pension costs
127.459
10,032
2,556
99,493
22,715
8,755
140,067
130,963
No employees were paid at the rate of over £60,000 per annum in the current or previous year.
The key management personnel of the charity comprise the trustees. the General Manager, and the
Operations Co-ordinator. The total employee benefits of the key management personnel of the Gharity,
including National Insurance and pension contributions, were £65.135 (2024.. £68,593).
The trustees and connected persons were not paid or received any other benefits from employment wilh
the charity in the year (2024-. £nil) neither were they reimbursed expenses during the year (2024.. £nill.
No charily trustee received payment for professional or other services supplied to the charity (2024.. £nill.
Staff numbers
The average monthly head count was 7 staff {2024: 7 staffj and the average monthly number of full-time
equivalent employees during the year was as follows:
2025
2024
Management
SeNice delivery
Related party transactions
The charity is controlled by the Board of Trustees.
One of the Trustees of Preston Communty Transport is also a Trustee of INTACT. During the year sales
invoices totalling £nil (2024: £nil) were raised to INTACT. Included within trade debtors at Ihe year-end
was £nil {2024.' £nil) recoverable from INTACT.
There were no other tfansactions with related partie5 in the current or previous year.
-14-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS {CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
10
Tangible fixed assets
Scooters & Minibuses
Computer
Other
wheelchairs
and Equipment Equipment
vehicles
Total
Cost
At 1 April 2024
Additions
Disposals
23,904
322,700
34.745
5.370
5,638
(1.800)
20,849
372,822
40,383
(1,800)
At 31 March 2025
23.904
357.445
9,208
20,849
411,405
Depreciation
As at 1 April 2024
Charge for the year
On disposals
23,019
855
233,448
37.135
5.372
1,096
(1,800)
19,590
457
281,429
39,543
(1,800}
At 31 March 2025
23.873
270,584
4,668
20,047
319,172
Net book value
At 31 March 2025
31
86,861
4,.540
802
92,233
At 31 March 2024
885
89,252
1,259
91,394
11
Debtors
2025
2024
VAT recoverable
Trade deblors
Prepayments
A¢¢rued income
3,710
2,080
11,736
2,176
4,621
10,953
2,755
17,526
20,505
12
Creditors: Amounts falling due within one year
2025
2024
Trade creditors
Accruals and deferred income
other creditors
11,592
24,354
1,250
11,213
23,357
1,250
37.196
35,820
-15-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS {CONTINUTED
FOR THE YEAR ENDED 31 MARCH 2025
13
Movement In funds
Balance 1
April 2024
Income
Expendlture Transfers
Balan¢e 31
March 2025
Unrestricted general
Funds
115,515
265.628
(309,130)
72,015
Unrestricted designated
funds:
Vehicle and equipment fund
Wind up reserve
Transport fund
290.682
51,000
10,000
290,682
51,000
10,000
467,197
265,628
{309,136)
423,697
Balance 1
April 2023
Income
Expenditure Transfers
Balance 31
March 2024
Unrestrlcted general
funds
62.663
234,890
{244.396)
62,358
115,515
Unrestricted designated
funds:
Vehicle and equipment fund
Wind up reserve
Transport fund
353,040
51,000
10,000
(62,358)
290,682
51,OOQ
10,000
479.703
234,890
(244,396)
467,197
Designated funds
The vehicle and equipment fund allows for replacements, upgrades or modifications. The trustee5
have decided to transfer from this fund at the year end.
The wind up reseNe will allow for an orderly closure of the organisation in the event of a sudden,
total loss of funding, contract income or other circumstances beyond the control of trustees.
The transport fund will be available for groups and families having difficulties obtaining transport.
-16-

PRESTON COMMUNITY TRANSPORT LIMITED
NOTES TO THE ACCOUNTS (CONTINUTED)
FOR THE YEAR ENDED 31 MARCH 2025
14
Analysis of net assets between funds
Tangible
fixed
assets
Net
current
assets
Total
2025
Total
2024
Unrestricted general funds
92,223
4,332
96,555
115,515
Unrestricted designated funds:
Vehicle and equipment replacement fund
Wind up reserve
Transport fund
290,682
51.000
10,000
290,682
51,000
10,000
290,682
51,000
10,000
92,223
356,014
448,237
467,197
Prior year
Tangible
fixed
assets
Net
current
assets
Total
2024
Total
2023
Unrestricted general funds
91.392
24.123
115,515
62,663
Unrestrl¢ted designated funds:
Vehicle and equipment replacement fund
Wind up reserve
Transport fund
290,682
51.000
10.000
290,682
51,000
10,000
353,040
51,000
10,000
91,392
375,805
467,197
476,703
15
Defined contribution pension plan
The charity operates a defined Contribution pension plan for its employees. The amount recognised as
an expense in the period was £2,556 (2024- £8,755).
16
Operating leases
Total future minimum lease payments under non-cancellable operaling leases are as follows-
2025
2024
Not later than one year
Later than one and not later than five years
Later than five years
480
480
-17-