Coinpany No. 07024763
Charity No. 1135063
Brentwood Community Transport
For the Year Ended 31 March 2025

CONTENTS
PAGE
Trustees, Annual Report
Business Operating Assumptions and Risk Statement
2024125 Financial Review
Refer¢nce and Administrative Details
Independent Examiner's report and statem¢nt
Statement of Financial Activities
12
Statement of Financial Position
13
Notes to the Financial Statement
14

Trustees, Annual Report
The Trustees present their report and accounts for the financial year ended 31 March
2025. The report complies with the Charities Act 2011 and the Companies Act 2006,
the Memorandum and Articles of Association, the Accounting and Reporting by
Charities Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard FRS 102 published in
October 2019. The report and accounts also comply with and prepared to meet the
requirements of a directors, report and accounts for Companies Act purposes.
Brief History
Brentwood Community Transport (BCT) was officially fomed in May 2001 and
operated under the umbrella of Essex County Council. In 2009, the organisation
became independent and a charity. The new organisation was first registered at
Companics House in September 2009, and a charity in March 2010. It began trading
at the beginning of March 201 O when all employees transferred Irom Essex County
Council to the new organisation.
Objectives and Activities
In setling our objectives and planning our activities, the Trustees have considered the
Charity Commission's general guidance on public benefit. All income received by
the charity has been applied to the provision of the charity's aims.
The BCT'S principal objectives can be summarised as follows:
To uphold the principles of the Charity. Namely:
To provide transport options for anyone who, for whatever reason, is
unable to use mainstream public transport. These reasons include but
are not limiied to age, illness or geographical isolation.
To assist the charitable work of organisations engaged in promoting
social benefits for such persons through the provision of appropriate
transport solutions.
J'o help minimise social exclusion, by providing affordable mobility
accessible transport solutions to needy individuals, and to provide
sustainable transport solutions to community statutory and non-
statutory organisations.
The main activities comprise the following:
Accessible Vehicle Service - designed for the residents of Brentwood
who are unable to access a standard vehicle due to disability.
Minibus Brokerage- consists of a pool of vehicles, providing groups
with an option of using a vehicle when required without the expense
of owning and running a vehicle themselves.

Social Car Scheme - a service providing local journeys for residents
who can access a standard vehicle but are unable to use public
transport.
808 Registered Bus Route - A local register¢d Section 22 bus route
providing transport for members of the public giving access to
Brentwood Community Hospital and local shopping services in
Brentwood.
St Helens School - Working in partnership with the parents of children
attending St Helens school. Providing school transport for rurally
isolated children attending St Helens School and unable to access
public transport.
Achievements and Performance
In the 12 months to 3 l March 2025, the Charity continued to experience a recovery
from the COVID 19 pandemic and have returned to full services. The Social Car
service has b¢¢n impacted by several factors not limited to the HMRC Approved
Milage Allowance payment (AMAP) rate of reimbursement to volunteers has not
been amended since 2021. Motoring cost are now 41.8 % higher than in 2012, an
inflation uplift is long overdue to keep payments to BCT volunteers affordable. This
along with increase in cost of living in today's economic Llimate is reducing the
number of volunteers available. We are actively promoting volunteer roles within
our organisation on all social media platfom]s and local forums.
Our Group transport has not r¢turned to pre covid levels mainly due to several local
groups disbanding post covid. We have space for growth in this area of which we are
advertising our services within the local community groups. We do provide training
but there are legal restrictions on vehicle licences limiting who drive Our bigger
vehicles.
In the twelve months ending on 31 March 2025, we achieved the following results
(2024 figures are shown in brackets).
170 (162) individual members
l 0 (12) group members, giving other charitable organisations access
to transportation for their events.
47,766 (46,756) passenger journeys for the residents of Brentwood.
St Helens School Service- For the children of St Helens School who
are rurally isolated and unable to access public transport. This service
was set up in partnership with the parents of the children travellirtg on
the service.
36,309 (35,199) passeng¢r journeys undertaken on th¢ 808 Brentwood
Community Hospital Shuttle Bus Service.
Essex Community Foundation
Malcolm & Beryl Crook fund
provided funding to help support the 808 Brentwood Comrnunity
Hospital Shuttle Bus Service.

Both Essex County Council and Brentwood Borough Council funding
was maintaTrned for a further year at the same level as in the previous
year. However, the contract temi was reduced from three years to one
year.
The agreement with Basildon Community Transport Services to
provide cover for the role of Chief Executive Officer at Basildon was
renewed. The Trustees believe that the contract with Basildon CT
provides a cost-effective approach and both organisations benefit
from resulting synergies. However, it is anticipated that, at some point,
Basildon CT will recruit additional staff members and this
arrangement may be terminated.
Business Operating A&sumptions and Risk Statement
Preface
The current and future operating environment continues to remain very challenging
for th¢ Brentwood Community Transport Charity.
Operaling Environment
Whilst financial impact of the COVID 19 pandemic has all but diminished, persistently
higher inflation conlinues to have a material impact on passenger numbers.
Furthermore, whilst the year-on-year change in inflation has fallen from its peak of
] l. l % in October 2022, the overall price level remains elevated and this 'cost of living
increase, materially impacts passenger numbers and our level of expenditures. Finally,
w¢ increases in salarics and wages partially related to increases in the National
Minimum Wage, add further increases in the cost base of the Charity.
Recent Developments
The demand on our 808 Brentwood Community Hospital Shuttle Bus has seen d
significant increase in passenger numbers, they now exceed pre-pandemic levels. In
November 2021 we increased our services for the parents of the children of St Helens
school and added another vehicle to provide safe accessible transport to school. The
demand for this service is still high and helping to reduce the congestion of vehicles
in Sawers Hall Lane which is an increasing problem within our local area.
We have been very successful in bidding for funds for Essex Community Foundation
the Malcolm and Beryl Crook Fund with funding toward the support of the 808-bus
service.
We continue to have a shared CEO agreement with Basildon Community Transport
which is an additional source of income and shared knowledge.
As a result of the theft of one of our vehicles, all our service vehicles have approved
trackers fitted giving real time inforniation. Not only is this sensible bul is a now an
increasingly common requirement of insurance companies.

Immediate Challenges
The Trustees of Brentwood Community Transport believes that the Charity provides
an essential service to the local community and hope that this will continue over many
years to come. However, our two main finding sources Essex County Council and
Brentwood Borough Council remain under significant financial pressures.
The Future
The operating environment rernains challenging. Although the rate of change of
inflation has fallen since the peak of I 1.] %, the price level remains stubbomly above
the Bank of England's 2% target, and with the imposition of indiscriminate tariffs on
global trade by the Trump administration, tog¢ther with increases in food prices, and
other costs, inflation rates globally look set to remain high, with a direct impact on
household budgets and they may not return to the prior very low levels. The cost-of-
living crisis continues to remain a key headwind in our operating environment and
future planning horizon.
Key operating AssupNptlons
The following key assumptions have been discussed and agreed by the BCT Trustees
as those most relevant and pertinent to the Charity's business and the economic and
social environment within which it operates. These assumptions are fundamental to
th¢ outlook and underpin the Charity's future business strategy.
l. Brentwood Community Transport provides an essential public service to the
residents of the Borough for whom the Charity provides a unique and important
lifeline.
2. Brentwood Community Transport is funded, in part, by grants from Essex County
Council, Brentwood Borougih Council both of which are expected to continue, and via
other sources although these other sources are, naturally, less certain.
3. The services provided by the Charity continue be restored post COVID-19 and we
expect passenger demand to continue to increase.
4. Higher employer pension contributions and increases in National Minimum Wages
continue to form a significant cost lo the Charity.
Key Operating Rlsks
The Trustees have a duty to identify and review all risks to which the Charity is
exposed (positive and negative) and carry out this duty and ensure appropriate controls
ar¢ in place and any necessary action is taken to mitigate such negative risks. These
include strong governance, together with clear operating procedures, and, where
necessary, focussed training.
There are any number of risks to the operating assumptions listed above. These include
but are not limited to the lollowing.

l. Our assumptions on ongoing funding from Essex and Brentwood Councils are
wrong.
2. Trustees believe that the reserves, as set out in this repor¢ will be sufficient to
maintain the existing services. Unexpectedly higher expenditures could mean that our
reserves would fall at a faster rate than anticipated.
3. As with other Community Transport Charities, which came into existence in their
current forni, some 20 years ago, it is expected that the Trustees will need to consider
and plan for the succession of senior staff members.
2024125 - Financial Review (figures for 2023124 are shown in brackets)
This financial year produced a surplus of £22,125 compared to a surplus of £23,460
in the prior year.
On the expenditure side, staff costs have increased quite significantly. This is due to
significant increases in the National Minimum Wage and salary increases for other
staff. Whi 1st we are extremely careful to manage cost increases generally many/ most
of these increases are outside the immediate control of the Trustee5. With respect to
wagesl and salaries, the significantly higher inflation experienced since 2021 has
materially impacted on our costs. Whilst the year-on-year change in inflation has
moderated, the overall price level remains elevated with increases in motor vehicle
repairs and servicing costs continues to be a significant cost to the Charity.
The Charity was able to purchase a second-hand Peugeot Boxer minibus for £13,125
which entered service in August 2024. This minibus has been named 'lain' in memory
of lain Robertson our long-scrving, kind, and hardworking volunteer. lain worked for
many years in the BCT office, and he sadly passed away in 2024. NB. As a result of
this additional purchase the cost of depreciation increased somewhat modestly in the
2024125 financial year.
Total income was £331,738 (prior year £320,247). Total expenditure was £309,613
(prior year £296,787). Total funds increased to £365,645 (prior year £343,520)
comprising General Funds of £294,216 (prior year £263,978) and Designated Fixed
Assets (representing the value of motor vehicles after depreciation) of £71,429 (prior
year £79,542).
Reserves Policy
Our current policy is, in norn]al circumstances, to aim to maintain our reserves to
provide six months of cover. In this financial year the level of General Funds of
£294,216 expressed in relation to expenditure of £309,613 equates to 11.4 months
(10.7 months).
Trustees believe that the reserves, as set out in this report, will provide sufficient
resources to provide sufficient working capital for our expected needs.

Plans for the Future
We continue to look for opportunities to increase and improve the services we provide.
to residents.
Structure, Governance and Management
The company is governed by its Memorandum and Articles of Association
incorporated on 21SI September 2009 and subsequently amended by resolution at an
Annual General Meeting, held on 16th July 2012.
The Directors of the company are also charity Trustees for the purposes of charity law
and under the company's Articles are known as members of the Management
Committee. The Management Committee, together with the Chief Executive Officer,
meet at least four times a year. The Management Committee is responsible for the
strategic direction and policy of the charity.
New Trustees are sought either through advertisements in the local press or introduced
via networking and all applicants are interviewed. Skills matching forms an important
part of the selection process.
The Chief Executive Officer is responsible for the day-to-day operational management
of the Charity. At the start of the financial year, the Company employed two full time
staff: one Chief Executive Officer and an Assistant Co-ordinator. Seven Minibus
Drivers together with one Administrator were employed on a part time basis. In
addition to their strategic and governance roles, the Trustees support the operations
and the Chief Executive Officer through supervision and application of their expertise
in business. At the end of the financial year, the Company employed two full time staff
(Chief Executive Officer and Assistant Co-ordinator), five part time staff (one
AdminIstra￿rS and five Minibus Drivers) and six casual hour contracted drivers.
Statement of Trustees, Responsibilities
The Trustees are required to prepare financial statements for each financial year, which
give a true and fair view of the state of affairs of the charitable company and the
incoming resources and application of resources, including the net income or
expenditur¢, for the year. In preparing those financial statements, the Trustees are
required to:
Select suitable accounting policies and then apply them consistently.
Make judgments and estimates that are reasonable and prudent.
State whether applicable accounting standards have been followed, subject to
any material departures disclosed and explaAned in the financial
statements. and
Prepare the financial statements on a going-concern basis unless it is
inappropriate to presume that the charitable company will continue to operate.
The Trustees are responsible for keeping proper accounting records which disclose
with reasonable accuracy at any time the financial position of the charitable company

and which enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence taking reasonable steps for the prevention and detection
of fraud and other irregularities.
Reference and Administrative Details
Trustees
Employees
Steven Richardson, Chairman
Steven Nicholls, Treasurer
Phil Mynott
Clive Bennett
Cliff Poppy
Tina Tickner, CEO
Denise Tery-Rob¢rts, Assistant Co-ordinator
Megha Gupta, Administrator
Tom Ellingford, Paid Driver
Jean Elliott, Paid Driver
Barrie Hindley, Paid Driver
Stephen King, Paid Driver
Mike Torrington, Paid Driver
Bryan Weal, Paid Driver
Changes to the board during this financial year:
There were no changes to the Trustee Board in the period.
NB. Steven Richardson's appointment as Chairnian in 2023124 was ratified at the
2024 AGM, during which the 2023124 Financial Report and Accounts were approved
unanimously by the attending Trustees and members attending.
Charity Number:
1135063
Company Number: 07024763
Registered
& Principal Office: Unit I la
The Baytree Centre
Brentwood.
CM14 4BX
Primary BAnkers
CAF Bank Limited
25 Kings Hill A venue,
Kings Hill,
West Malling,
Kent.
ME19 4JQ

Independent
Examiner
John Eke F.C.l.E.
4 Stable Court
Malborough
Devon TQ7 3FB
Acknowledgements and thanks
We thank our much-valued volunteers, and we are sincerely grateful for all their
help and continued support and without whom, the Charity could not function as
it does currently.
Volunteer Social Car Drivers:
Keith Russell,
Brenda Dael
Jack Young
Volunteer Minibus Drivers (volunteers):
Cliff Poppy
Paul Burton
Volunteer Office staff:
None
In normal circumstance, driver volunteers mean we can provide many more
journeys than would be possible with just paid drivers. Social car drivers use their
own vehicles to provide local journeys and assistance for residents who can access
a standard vehicle but are unable to use public transport; whereas Minibus drivers
use our vehicles for the same purposes, except cannot access a standard vehicle,
but are also able to cover abscnc¢s of paid drivers. Similarly) office volunteers
provide invaluabl¢ support in the areas of finance and statistics.
Signed by order of the Trustees
Steven RiLhardson - Chairman
io

Independent Examiner's Report to the Trustees of Brentwood
Community Transport.
I report to the Charity Trustees on my examination of the accounts of the company for
th¢ year ended 31 March 2025, and which are set out on the subsequent pages.
Responsibilities and basis of report
As the Charity's Trustees of the company (and its directors for the purposes of
company law) you are responsible for the pr¢paration of the accounts An accordance
with the requirements of Th¢ Compani¢s Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the charitable company are not required
to be audited under Part 16 of the 2006 Act and are eligible for independent
examination, I report in respect of my examination of your charity's accounts as
carried out under section 145 of the 201 l Act. In carrying out my examination I have
followed the general directions given by the Charity Commission und¢r section
145(5)(b) of the 2011 Act.
Independent Examiner's Ststement
As the charlty's gross income exceeded £250,000 your examiner must be a member of
a body listed in section 145 of the 2011 Act. l ¢onfinrA that l am qualified to undertake
the examination by being a member and Fellow of the Association of Charity
Independent Examiners which is one of the listed bodies.
I have completed my examination and confinn that no matters have come to my
attention in connection with the examination giving me cause to believe:
l. Accounting records were not kept in respect of the Company as required by section
386 of the 2006 Act; or
2. The accounts do not accord with those records; or
3. The accounts do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that th¢ accounts give a 'true and fair view which
is not a matter considered as part of an independent examination. or
4. The accounts have not been prepared in accordance with the methods and principles
of the Ststement of Recommended Practice for accounting and reporting by ¢hariti¢s
applicable to charities preparing their accounts in accordanc¢ with the Financial
Reporting Standard applicabl¢ 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 to enable a proper
understand.
of the accounts to be reached.
John Eke
Fellow of the Association of Charity Independent Examiners. 4 Stable CourL Malborough,
Devon TQ7 3FB. Date: L+O- Qd
2025
li

Statement of FinaDcial Activities for the Year Ended 31 March 2025
Unregtrieted Funds
Restricted Funds
Total Funds
2025
2024
2025
2024
2025
2024
Income and endowments frnm..
Income from Investments
Donations and logaci¢s
Charitable Activities
10,012
1,934
319 793
7,083
2,008
311 156
10.012
7,083
,934
2,008
.319793 311 156
Note 2
Total
331,738
320347
331,738 320347
Expeftdlture on:
Charitsble activities
Nole 3
309.613
296,787
309,613
296.787
Total
309,613
296,787
309,613
296,787
Net Income (Exp¢ndlture)
22,125
23,460
22,125
23,460
Net Movement in Funds
22,125
23A60
22,125
23,460
R¢¢on¢lllitlon of Funds:
BAl8nces blf
343.520
320,060
343,520 320,060
Balanc¢s elf
36S645
343,520
365,645 343,520
Thls SOFA Incorporates Incom¢ and Expendlture account as required under the Companles Act 21Y)6.
12

Statement of Flnancial Position as at 31 March 2025
2025
2024
Further
Details
Fixed Assets
Tangible assets
Current Assets
Debtors
Cash at bank
VAT recoverable
Total Current Assets
71,554
79,542
12,814
307,744
l3,794
276,296
320 558
290 090
Creditors
Amounts falling due within one year
VAT Liability
Total Current Liabilities
(22,820)
(19,957)
Net Current Assets
Roundin
294,093
263 978
Total Assets less Current Liabilities
43
Represented by Funds and Reserves:
Restricted Funds
Unrestricted Funds:
Designated Fixed Assets Fund
71,429
79,542
General Funds
294,216
263,978
Total Charity Funds
£365 64£
£343 520
Ft>r iheyewendlng 31/03n025 fh¢ coryoHy ettddedts exerydonfrom rtudliundtridellon 477olthe A¢1 2006
r¢latlng lo smNllcompattlÉ&
rhe ljnve Not reqmlredthe coryuny th ob¢Ath &n Audltof Its aee4iwthJortheyeorlrt In
rtcordfjllct wlth se¢lion 470.
rhe threctors 4tknowletlRe thelr respollslbllldeslor corylylng wlth the reqthmeots ofiheAetHplth pespectlo
These 4ceouffl￿¥ have beeAprepArerfln uceordanee wlth th¢pmvlflons wllcfjble to coryonlus¥bJeel fo th•smfjll
eoryanles, reslMK omdwlth FINaMclt7lRepordrtx SkthdarrfFRS 102.
This report and financial statements were approved by the members of the committee on
and are signed on their behalf by:
Steven Richardson (Chairman)
Company Registration Number: 07024763. Charity Number: 1135063
13

Notes to the Financial Statements- Year Ended 31 March 2025
Accounting Policies
Basis of accounting
The financial staternents have been prepared under the historical cost convention, and 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 FRS 102 published in October 20 l9 and comply with the Memorandum
and Articles of Association of the Company and the Companies Act 2006.
Income and endowments
Income from donations and grants, including capital grants. is recognised when there is
evidence of entitlement, receipt is probable and its amount can be measured reliably, except
as follows:
a) when donors specify that donations and grants given to the charity has a time related
condition and must be used in futur¢ acwunting periods, the income is deferred until those
periods.
b) when donors impose pre-conditions, which must be fulfilled before the charity becom¢s
entitled to use such income, the income is deferred until the pre-conditions have been met.
When donors specify that donations and grants, including capital grants, are for a particular,
restricted purposes, which do not amount to pre-conditions regarding entitlement, this
income is included in incoming resources as restricted funds when receivable.
Expenditure
All expenditure is accounted for on an accrual's basis. VAT is generally not included in
expenditure as VAT is recoverable on the basis that passenger transport is zero-rated. Some
expenditure, however, is outside the scope of VAT and as this VA T is not recoverable it is
included in expenditure.
Governance
These costs relate to compliance with statutory requirements,
DepreciAtion
Major expenditure on tangible fixed assets costing over £500 will be capitalised. The cost of
other items is written off as incurred.
14

Depreciation is calculated so as to write off the cost of the asset, less its estimated residual
value, over the useful economic life of that asset on a straight-line basis as follows:
Annual Rate
Office equipment 33.33 150%
Furniture & fittings 20 %
Motor vehicles
200/0
Taxation
The company is a charity within the meaning of section 505 of the Income and Corporation
Taxes Act 1988. Accordingly, the company can claim relief from taxation in respect of
income or capital gains received, to the extent that such income or gains are applied to
exclusively charitable purposes.
The majority of our transportation income is zero rated with regard to VAT. This is in line
with VAT Notice 744A March 2002 which allows zero rating when th¢ vehicles used are
designed or adapted to carry not less than ten passengers.
Income and Endoivments from Charitable Activities
Unrestricted Restricted
Total
Total
2025
2024
Grants
Fares and Contracts
Membership (Minibus & Social Car)
Other Incoming Resources
Total
102,570
170,820
1,056
102,570
I70,820
1,056
105,166
130,074
1,097
74
319 793
319 793
15

2.1. Grants
Unrestricted Restricted
Total
Total
2025
2025
2025
2024
General (Essex County Council)
General (Brentwood B. Council)
ECF 808 Service Support Grant
BSOG
NHS 808 Grant
Total
59,853
26.536
9,300
6,881
59,853
26,536
9,300
6,881
59,853
26,536
3,750
6,256
105 166
2.2. Fares and Contracts
2025
2024
808 Route
St Helen's School
Fare Income & Concessionary
Total
5,541
34,135
4,624
31,135
94
130 074
170 820
2.3. Membership
2025
2024
Social car
Minibus
Total
1,006
50
1,077
20
2.4. Other Incoming Resources
2025
2024
Sale of Motor Vehicle
Insurance settlement on stolen vehicl¢
Driver Assessments
Contract with Basildon CT
Total
4,000
24.672
800
45
16

3. Expenditure on Charitable Activities
2025
2024
Staff Costs
Premises - rent
Vehicle running costs:
Licences,
Repairs & Servicing
Fuel & Oil
Insurance
Consultsncy Services
Miscellaneous Vehicle Expenses
Legal & professional
Office:
Stationery> printing, & Telephone
Computer costs
Other miscellaneous payments
Depreciation
Total
196.354
2,760
188,682
2,760
567
43,307
13,158
12,128
182
39,904
14,196
7,681
10,535
3,928
3,935
3,280
3,125
1,627
8,603
3,466
1,036
5,149
4.043
309 613
296 787
3.1. Staff Costs:
2025
2024
Gross salaries
Employer Nl
Employer Pension
NEST Pension
Clothing
Training
Total
159,674
6,948
29,011
246
475
151,001
6,016
30,804
244
600
196
Figure(s) for gross salaries includes payment(s) received from Basildon Community
Transport for shared CEO Services. Total Stsff Costs relating specifically to BCT for
2024125 are £151,007 and for 2023124 £143,335 (Ref 2.4).
17

3.2. Staff Nos:
2025
2024
FTE
FTE
Full time
Part time
Total
Tangible Assets
The Charity was fomied in 2010 and the Tangible Assets fom)ing the transfer, were
valued at zero for the purposes of the accounts. These Tangible Assets were giftcd to
the Charity by Essex Couniy Counci l and other assels were either loaned by E3rentwood
Borough Council or are at an age th&lt they would be fully depreciated. Subscquently
tangible ilssets acquired by the Charity (since 2010) werL inlroduced into the accounts
at their actual cost and will be written off at their disposal (sold or scrapped).
Combined
Totals
Computer
Equipment
Motor
Vehicles
2025 2024
2025
2024
2025 2024
Costs as at start of year
Additions
Disposals
Costs as at end of year
3,770 3,770 246,967 188,742 250,737 192,512
13,125 91,766 13,125 91,766
41
7 26
3770 3770 260092 2469
2 25
37
Depreciation at start
Disposals
Charge in year
Depreciation at end
Carrying Value
3,770 3,770 167,425 182,616 171,195 189,980
(33,531)
{33,541)
21238 14 756
3770 188663 1
7425 192433 171 19
71429 79 542
71429 79 542
77
Debtors
2025
2024
Trade Debtors
Other debtors
Prepayments
Total
4,958
4,867
6,088
4,791
£12 814
£13 794
18

Creditors: Amounts falling due within one year
2025
2024
Other creditors
Accruals
Deferred Income
Total
9,665
4,365
6,301
4,726
7. Movement of Funds
Unrestricted Fund
General
Designated Restricted Tot81
Funds
Fixed Assets
Funds
Funds
Fund
Brought forward 01 April 2025
Incoming Resourc¢s
Expenditure
Transfers
Transfer of depreciation
Carried forward
263,978
331,738
(309,613)
(13,125)
79,542
343,520
331,738
(309,613)
13,125
294 216
429
The Designated Fixed Assets Fund represents thc net cost of fixed assets after depreciation.
Movements (depreciation and transfers) for the prior year are applied at the start of each new
financial year.
Any impainnent losses are assessed and recognised as expenditure in th¢ SOFA
8. Capital Commitments
None.
9. Contingent Liabilities
None.
19