2025-12-31-accounts

Company registration number 06131244 (England and Wales) Charity registration number 1120818 (England and Wales)

EAST DURHAM COMMUNITY TRANSPORT LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

EAST DURHAM COMMUNITY TRANSPORT LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mrs C Hepple Ms B J Hind Mr K Spirit Ms M R Twidale Senior management A Kent Operations Manager J Atkinson Co-Opted Treasurer Country of incorporation United Kingdom 06131244 (England and Wales) Charity registration England and Wales 1120818 Principal address Parking Bay 1-6 3 Crook Way North West Industrial Estate Peterlee SR8 2HY Registered office 26 Willow Grove Horden Peterlee SR8 4SA Independent examiner Nicholas Liley FCA BK Plus Limited 13 Windsor Terrace Newcastle upon Tyne NE2 4HE

EAST DURHAM COMMUNITY TRANSPORT LIMITED

CONTENTS

	Page
Trustees' report	1 - 3
Statement of trustees' responsibilities	4
Independent examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the financial statements	8 - 16

EAST DURHAM COMMUNITY TRANSPORT LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT)

FOR THE YEAR ENDED 31 DECEMBER 2025

The trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)".

Objectives and activities

The Objects of the Charity and how it is attempting to achieve the objectives

The Charity is governed by a written constitution in which its objects are set out. The Charity aims to provide affordable, reliable, accessible transport for registered youth and community groups, registered charities, schools, statutory groups and other non-profit making voluntary organisations.

Objectives achieved in the year, a review of activities and significant changes and developments and plans for the future

Introduction

The charity carried out its main objectives throughout the year with the Travel Club playing a major part in generating income as well as the group and self-drive hires.

Trustees are satisfied with the performance of the Charity during the year from a staffing and professional view.

The Charity is in a good position financially as of 31 December 2025 and in a favourable place to continue its activities during the coming year, and that the Charity's assets are adequate to fulfil its obligations at this moment in time. In a time of worldwide uncertainty and a cost of living crisis causing rising running costs, the Trustees and staff achieve what they can with the resources available.

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Contributions from volunteers

Volunteers carry out valued work for the Charity both directly for the charity and as part of the member organisations.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Achievements and performance

Significant activities and achievements against objectives

Achievement of objectives and review of activities

The Trustees are satisfied that the aims and objectives of the Charity have continued to be met and have worked together with staff to make the working practices achievable and ensure that the Charity is providing services which the community needs.

The Lottery funding ended in March 2025 but income has been steady and the year ended in a good financial position.

A robust vehicle cleaning system and passenger guidelines are still in place even with all COVID restrictions lifted to ensure passenger safety and confidence.

Office staff are permanently working from home, liaising with customers hiring vehicles and vehicle cleaning etc from our secure parking site. The Operations Manager has ensured that the Charity runs just as smoothly as always with systems in place for vehicle collection, vehicle cleaning and office set up; staff meet regularly to discuss the working practices. Vehicles have all been correctly maintained and have had the usual regular safety inspections carried out.

Details of intangible income

There were no donations of intangible income during the year.

Financial review

Transactions and financial position

The charity reported a deficit of £47,137 (2024 - surplus of £1,966). At the balance sheet date, total funds amounted to £211,538 (2024 - £258,675) of which £37,739 (2024 - £48,696) was designated. The free reserves of the charity amounted to £173,799 (2024 - £209,979).

The Trustees consider the financial performance by the Charity during the year has been satisfactory. A majority of the expenditure is spent on support costs of activities.

Specific changes in fixed assets

Changes in fixed assets are shown in detail in the notes to the accounts.

Availability and adequacy of assets of each of the funds

Without external funding, the board of Trustees are aware that the Charity's assets are available and adequate to fulfil its obligations for a limited number of years and will address any issues accordingly but are confident that the current fleet of mixed type of vehicles is adequate to carry out said activities.

Policies on reserves, investment policies and investment performance

The Trustees have resolved to establish reserves to provide for future activities, and the Trustees have limited powers of investment.

Within those powers, a statement of investment principles has been adopted as set out below. The policy on reserves is that the existing financial assets are retained to produce income which is wholly utilised to support existing activities. There is no intention in the long term to either increase or reduce the capital held. This policy is justified in that it is necessary to preserve income at the present levels as far as possible in order to maintain the activities of the Charity, however due to the affect the COVID pandemic had on the Charity long term, reserves have been, and will be, utilised where and as necessary.

Funds are invested in short term bank deposit accounts because of the need to access the funds.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

Effectiveness of fundraising policies

The Charity relies on grant aid from the donors identified in the accounts, whose support is invaluable. There have been no other fundraising activities.

The major risks to which the Charity is exposed and reviews and systems to mitigate risks

The Trustees identify the major risks to which the Charity is exposed each financial year when preparing and updating a strategic plan, in particular those related to the operations and finances of the Charity. The Trustees then review any major risks which have been identified and establish systems to mitigate those risks. The Charity is satisfied that the systems are in place to mitigate their exposure to the major risks which have been so identified and reviewed.

Structure, governance and management

The organisation is a company limited by guarantee with charitable status, Registered Company No: 6131244, Registered Charity No: 1120818. The appropriate returns will be forwarded to Companies House and the Charity Commission.

The Charity's governing documents comprise its Memorandum and Articles of Association.

The liability of members is limited. Every member promises, if the charity is dissolved while he or she is a member or within twelve months after he or she ceases to be a member, to contribute such sum (not exceeding £1) as may be demanded of him or her towards the payment of the debts and liabilities of the charity incurred before he or she ceases to be a member, and the costs, charges and expenses of winding up, and the adjustment of the rights of the contributories among themselves.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mrs C Hepple Ms B J Hind Mr K Spirit Ms M R Twidale

Recruitment and appointment of trustees

Trustees are appointed by ordinary resolution.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The trustees' report was approved by the Board of Trustees.

Mrs C Hepple Trustee

29 May 2026

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

STATEMENT OF TRUSTEES' RESPONSIBILITIES

FOR THE YEAR ENDED 31 DECEMBER 2025

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

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

In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent; and

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

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF EAST DURHAM COMMUNITY TRANSPORT LIMITED

I report to the trustees on my examination of the financial statements of East Durham Community Transport Limited (the charity) for the year ended 31 December 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006.

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

• 1 accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006.

• 2 the financial statements do not accord with those records; or

• 3 the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination; or

• 4 the financial statements 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Nicholas Liley FCA

BK Plus Limited 13 Windsor Terrace Newcastle upon Tyne NE2 4HE 1 June 2026

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 DECEMBER 2025

Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income and endowments from: Donations and legacies 3 - - Charitable activities 4 76,820 18,971 Other income 5 1,163 - Total income 77,983 18,971 Expenditure on: Charitable activities 6 125,120 18,971 Other expenditure 11 - - Total expenditure 125,120 18,971 Net income/(expenditure) and movement in funds (47,137) - Reconciliation of funds: Fund balances at 1 January 2025 258,675 - Fund balances at 31 December 2025 211,538 -	Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ - 215 - 95,791 69,486 75,257 1,163 1,275 - 96,954 70,976 75,257 144,091 68,406 75,257 - 604 - 144,091 69,010 75,257 (47,137) 1,966 - 258,675 256,709 - 211,538 258,675 -	Total 2024 £ 215 144,743 1,275 146,233 143,663 604 144,267 1,966 256,709 258,675

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2025

Notes Fixed assets Tangible assets 13 Current assets Debtors 14 Cash at bank and in hand Creditors: amounts falling due within one year 15 Net current assets Total assets less current liabilities The funds of the charity Unrestricted funds 18	2025 £ 5,240 162,304 167,544 (2,649)	£ 46,643 164,895 211,538 211,538 211,538	2024 £ 3,164 216,641 219,805 (21,309)	£ 60,179 198,496 258,675 258,675 258,675

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 December 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on 29 May 2026

Mrs C Hepple Trustee

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

Charity information

East Durham Community Transport Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 26 Willow Grove, Horden, Peterlee, SR8 4SA. The principal operating address is Parking Bay 1-6, 3 Crook Way, North West Industrial Estate, Peterlee, SR8 2HY.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)". The charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment 22.5% on book value Motor vehicles 22.5% on book value

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.9 Financial instruments

All financial assets and financial liabilities of the charity qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors

Trade and other debtors are recognised at the settlement amount due net of any trade discounts.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount net of any trade discounts.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that 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.

3 Income from donations and legacies

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Donations and gifts	-	215

4 Income from charitable activities

Unrestricted Restricted funds funds 2025 2025 £ £ Transport services Generated income 67,165 - Grants 9,655 18,971 76,820 18,971	Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 67,165 65,010 - 28,626 4,476 75,257 95,791 69,486 75,257	Total 2024 £ 65,010 79,733
		144,743

5 Other income

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Other income	1,163	1,275

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

6 Expenditure on charitable activities

		Transport	Transport
		services	services
		2025	2024
		£	£
	Direct costs
	Staff costs	79,258	80,075
	Depreciation and impairment	13,404	17,295
	Training	145	640
	Travel expenses	3,115	1,074
	Vehicle running costs	34,428	32,009
		130,350	131,093
	Share of support and governance costs (see note 7)
	Support	12,341	11,200
	Governance	1,400	1,370
		144,091	143,663
	Analysis by fund
	Unrestricted funds	125,120	68,406
	Restricted funds	18,971	75,257
		144,091	143,663
7	Support costs allocated to activities
		2025	2024
		£	£
	Depreciation	132	169
	Rent, rates and water	3,897	4,080
	Insurance	1,120	1,032
	Telephone	1,297	925
	Printing and advertising	1,067	1,092
	Sundries	3,570	3,459
	Repairs and renewals	929	50
	Professional fees	329	393
	Governance costs	1,400	1,370
		13,741	12,570
	Analysed between:
	Transport services	13,741	12,570

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

8	Net movement in funds	2025	2024
		£	£
	The net movement in funds is stated after charging/(crediting):
	Fees payable to the charity's independent examiner:
	- for the independent examination of the charity's financial statements	1,050	1,020
	- for other assurance services	350	350
	Depreciation of owned tangible fixed assets	13,536	17,464
	Loss on disposal of tangible fixed assets	-	604

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

None of the trustees received any expenses from the charity during the year.

10 Employees

The average monthly number of employees during the year was:

The average monthly number of employees during the year was:
	2025	2024
	Number	Number
	4	4
Employment costs	2025	2024
	£	£
Wages and salaries	77,898	79,710
Social security costs	1,360	365
	79,258	80,075
There were no employees whose annual remuneration was more than £60,000.
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
	2025	2024
	£	£
Aggregate compensation	34,175	29,332

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

11 Other expenditure

	Unrestricted	Unrestricted
	funds	funds
	2025	2024
	£	£
Net loss on disposal of tangible fixed assets	-	604

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

13 Tangible fixed assets

Office equipment £ Cost At 1 January 2025 7,807 At 31 December 2025 7,807 Depreciation and impairment At 1 January 2025 7,200 Depreciation charged in the year 132 At 31 December 2025 7,332 Carrying amount At 31 December 2025 475 At 31 December 2024 607 14 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments and accrued income		Motor vehicles £ 212,741 212,741 153,169 13,404 166,573 46,168 59,572 2025 £ 1,073 1,975 2,192 5,240	Total £ 220,548 220,548 160,369 13,536 173,905 46,643 60,179 2024 £ 812 2,352 - 3,164

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

15	Creditors: amounts falling due within one year
			2025	2024
		Notes	£	£
	Other taxation and social security		1,186	1,245
	Deferred income	16	-	18,971
	Trade creditors		413	73
	Accruals		1,050	1,020
			2,649	21,309
16	Deferred income
			2025	2024
			£	£
	Arising from grants received		-	18,971
	Deferred income is included in the financial statements as follows:
			2025	2024
			£	£
	Deferred income is included within:
	Current liabilities		-	18,971
			2025	2024
			£	£
	Movements in the year:
	Deferred income at 1 January 2025		18,971	18,343
	Released from previous periods		(18,971)	(18,343)
	Resources deferred in the year		-	18,971
	Deferred income at 31 December 2025		-	18,971

Income is deferred where performance conditions are not met.

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

17 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

	At 1 January	Incoming	Resources	At 31
	2025	resources	expended	December
				2025
	£	£	£	£
The National Lottery Community Fund -
Reaching Communities	-	18,971	(18,971)	-
Previous year:	At 1 January	Incoming	Resources	At 31
	2024	resources	expended	December
				2024
	£	£	£	£
The National Lottery Community Fund -
Reaching Communities	-	75,257	(75,257)	-

The National Lottery Community Fund-Reaching Communities Grant funding is provided to support the East Durham Travel Club.

18 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

	At 1 January	Incoming	Resources	At 31
	2025	resources	expended	December
				2025
	£	£	£	£
Capital fund	48,696	-	(10,957)	37,739
General funds	209,979	77,983	(114,163)	173,799
	258,675	77,983	(125,120)	211,538
Previous year:	At 1 January	Incoming	Resources	At 31
	2024	resources	expended	December
				2024
	£	£	£	£
Capital fund	63,939	-	(15,243)	48,696
General funds	192,770	70,976	(53,767)	209,979
	256,709	70,976	(69,010)	258,675

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EAST DURHAM COMMUNITY TRANSPORT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2025

18 Unrestricted funds

(Continued)

Capital fund

The capital fund was established in the 31 December 2007 Charitable Trust financial statements and relates to capital grants received for the purchase of additional minibuses.

19 Analysis of net assets between funds

	Unrestricted
	funds
	2025
	£
At 31 December 2025:
Tangible assets	46,643
Current assets/(liabilities)	164,895
	211,538
	Unrestricted
	funds
	2024
	£
At 31 December 2024:
Tangible assets	60,179
Current assets/(liabilities)	198,496
	258,675

20 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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