Registered number: 06627417 Charity number: 1140229
KNOTTY ASH COMMUNITY TRANSPORT
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2025
KNOTTY ASH COMMUNITY TRANSPORT
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
TRUSTEES
C McCarron E White
SECRETARY
Mrs Elaine White
REGISTERED OFFICE
15 Waterloo Street Liverpool Merseyside L15 8JW
COMPANY NUMBER
6627417
CHARITY NUMBER
1140229
ACCOUNTANTS
Invictus Accountancy Services Limited Stable Court Business Centre Water Lane Farm, Tarbock Green Liverpool L35 1RD
Page 1 KNOTTY ASH COMMUNITY TRANSPORT
ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2025
| CONTENTS | PAGE |
|---|---|
| Report of the Trustees | 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Actvites | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 to 12 |
| Detailed Statement of Financial Actvites | 11 |
Page 2
KNOTTY ASH COMMUNITY TRANSPORT
TRUSTEES' REPORT FOR THE YEAR ENDED 30 JUNE 2025
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
PRINCIPAL ACTIVITIES
The principal activity of the charity in the year under review was the provision of community transport.
STRUCTURE GOVERNANCE AND MANAGEMENT
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006 and in accordance with the Charities SORP (FRS 102).
This report was approved by the Board of Trustees on
C McCarron
Trustee
The trustee's, who are also the directors for the purposes of Company Law are;
C McCarron
E. White
Trustee's are elected by members for a period of three years. When electing trustee's experience and occupational status is taken into consideration.
None of the trustee's have any beneficial interest in the company.
All members of the company guarantee to contribute an amount not exceeding £1 in the event of winding up.
Page 3 KNOTTY ASH COMMUNITY TRANSPORT INDEPENDENT EXAMINERS REPORT OF KNOTTY ASH COMMUNITY TRANSPORT FOR THE YEAR ENDED 30 JUNE 2025
Independent Examiner's Report to the trustees of Knotty Ash Community Transport
I report on the accounts of Knotty Ash Community Transport for the year ended 30 June 2025 which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the balance Sheet and notes.
Respective responsibilities of trustees and examiner
The trustees (who are also directors of the charitable company for the purpose of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
-
w examine the accounts under s.145 of the 2011 Act;
-
w to follow procedures laid down in the general directions given by the Charity Commision under s.145(5)(b) of the 2011 Act.
-
w State whether particular matters have come to my attention.
Basis of independent examiner's report
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair" view and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with the Companies Act 2006, s.386 and to prepare accounts with accord with the accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice: Accounting and
Reporting by Charities, have not been met: or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Invictus Accountancy Services Limited Stable Court Business Centre Water Lane Farm, Tarbock Green Liverpool, L35 1RD Dated:
Page 4 KNOTTY ASH COMMUNITY TRANSPORT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 JUNE 2025
| Incoming resources Incoming resources Actvites for generatng funds Total incoming resources Resources expanded Costs of generatng funds Charitable actvites Governance costs Total resources expended Net incoming resources for the year Net movement in funds: Net income for the year Total funds brought forward Net funds carried forward |
2025 Unrestricted Restricted Total funds funds £ £ £ 988,028 - 988,028 |
|---|---|
| 988,028 - 988,028 |
|
| 947,720 - 947,720 3,500 - 3,500 |
|
| 951,220 - 951,220 |
|
| 36,808 - 36,808 36,808 - 36,808 167,412 - 167,412 |
|
| 204,220 - 204,220 |
| Page 5 | ||||
|---|---|---|---|---|
| KNOTTY ASH COMMUNITY TRANSPORT | ||||
| BALANCE SHEET | ||||
| AT 30 JUNE 2025 | ||||
| 2025 | ||||
| Notes | £ | |||
| FIXED ASSETS | ||||
| Tangible assets | 2 | 89,360 | ||
| CURRENT ASSETS | ||||
| Debtors | 3 | 127,724 | 124,399 | |
| Cash at bank and in hand | 9,533 | 29,782 | ||
| 137,257 | 154,181 | |||
| CREDITORS:Amounts falling | 4 | 22,397 | 29,305 | |
| due within one year | ||||
| NET CURRENT ASSETS | 114,860 | |||
| TOTAL ASSETS LESS CURRENT LIABILITIES | 204,220 | |||
| CAPITAL AND RESERVES | ||||
| Unrestricted funds | 6 | |||
| General fund | 204,220 | |||
| Designated funds | - | |||
| 204,220 |
For the year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board of Trustees on
Signed on their behalf ........................................
Mr C McCarron Trustee
Page 6 KNOTTY ASH COMMUNITY TRANSPORT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025
1. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - Charities SORP (FRS 102) (effective 1 January 2015) - and the Companies Act 2006.
Change in basis of accounting or to previous accounts
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
Incoming Resources
All incoming resources are included on the Statement of Financial Activities (SoFA) when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.
Resources Expended
Expenditure is accounted for on accruals basis and has been clarified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Allocation And Apportionment Of Costs
All costs relate to the single activity of the charitable company and are recognised accordingly.
Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular purposes. Designated funds are funds set aside by the trustees out of
unrestricted general funds for the specific future purposes or projects.
Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective April 2008).
Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles
Fixtures & fittings
reducing balance 25% reducing balance 15%
Page 7
KNOTTY ASH COMMUNITY TRANSPORT NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025
Taxation
The charity is exempt from corporation tax on its charitable activities.
Trade and other debtors
Trade and other debtors are recognised at the settlement amount due after trade discounts.
Trade and other creditors
Trade and other creditors are recognised at the settlement amount due after trade discounts.
2. TANGIBLE FIXED ASSETS
| Cost At 1 July 2024 Additons Disposals At 30 June 2025 Depreciaton At 1 July 2024 For the year Disposals At 30 June 2025 Net Book Amounts At 30 June 2025 At 30 June 2024 3. DEBTORS |
Commercial Fixtures Vehicles Fitngs £ 158,176 14,630 80,625 0 5,867 0 |
|---|---|
| 232,934 14,630 |
|
| 123,429 6,842 27,580 1,168 815 0 |
|
| 150,194 8,010 |
|
| 82,740 6,620 |
|
| 34,747 7,788 |
|
| 2025 |
| Amounts falling due within one year: Trade debtors Rent deposit Taxaton and social security Other debtors 4. CREDITORS: Amounts falling due within one year: Taxaton and social security Trade creditors Other creditors Accruals |
£ 78,310 16,753 5,714 26,948 |
|---|---|
| 127,724 | |
| 2025 £ 2,277 15,920 0 4,200 |
|
| 22,397 |
Page 8
KNOTTY ASH COMMUNITY TRANSPORT
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 30 JUNE 2025
5. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £1, to the company should it be wound up. At 30 June 2025 there were 2 members.
6. UNRESTRICTED FUNDS
7. RESTRICTED FUNDS
| Brought | Incoming | Outgoing | Transfers | |
|---|---|---|---|---|
| Forward | resources | resources | ||
| £ | £ | £ | £ | |
| 167,412 | 988,028 | 951,220 | - | |
| 167,412 | 988,028 | 951,220 | ||
| Brought | Incoming | Outgoing | Transfers | |
| Forward | resources | resources | ||
| £ | £ | £ | £ | |
| 0 | 0 | 0 | 0 |
Page 9 KNOTTY ASH COMMUNITY TRANSPORT
INCOMING RESOURCES FOR THE YEAR ENDED 30 JUNE 2025
| Incoming resources Incoming resources from generated funds Actvites for generatng funds Fees for the provision of transport Grants received |
2025 £ 959,457 876,275 28,571 22,338 988,028 988,028 988,028 |
|---|---|
Page 10 KNOTTY ASH COMMUNITY TRANSPORT
RESOURCES EXPENDED FOR THE YEAR ENDED 30 JUNE 2025
| Resources expended | 2025 |
|---|---|
| Costs of generatng funds | £ |
| Charitable Actvites | |
| Salaries cost | 106,183 |
| Volunteers expenses | 398,229 |
| Staf training | 0 |
| Pension contributons | 4,046 |
| Rent and rates | 87,174 |
| Light, heat and power | 9,005 |
| General repairs and maintenance | 2,858 |
| Motor repairs and licences | 91,626 |
| Motor fuel and oil | 80,158 |
| Motor insurance | 87,532 |
| Vehicle rental | 34,950 |
| Statonery, printng & ofce supplies | 589 |
| Telephone | 4,151 |
| Sofware | 0 |
| Subscriptons | 320 |
| Legal and professional fees Business insurance Bank charges Sundry expenses Depreciaton of commercial vehicles Depreciaton of equipment (Proft) & loss on sale of commercial vehicles Governance costs Independent examinaton |
5,449 240 3,702 1,395 27,580 1,168 1,365 |
|---|---|
| 947,720 | |
| 3,500 | |
| 3,500 | |
| 951,220 |
Page 11
2024 Total
£
898,614 898,614
836,876 3,220 840,096
58,517
58,517 108,895 167,412
2024 42,535 124,877 167,412 167,412 167,412
Total
£ 172,806 80,625 5,867 247,564
130,271 28,748 815
158,204
89,360 42,535
2024
£ 102,783 16,753 4,864 0 124,399 2024 £ 2,146 23,294 0 3,864 29,305
Carried forward £ 204,220 204,220
Carried forward £ 0
2024 898,614 898,614 898,614
2024
£ 102,155 359,295 428 3,455 62,259 11,260 7,146 90,553 74,917 69,611 30,150
685 4,158 70 551
4,142 0 3,085 0 11,582 1,375 0 836,876
3,220 3,220
840,096