Charlty regIStraOn nUmr 1142212 (Englond and WJleg1 Company reglstration number 03285361 EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) LEGAL AND ADMINISTRATIVE INFORMATION Gmwong J F Kenny {Chairnan} J Gonzalez Charlty number 1 142212 Company numb•r 03285361 R•gl•tered offic• Alpha House 4 Greek St Stockport Cheshire United Kingdom SK38AB Ind•wndent •xamin•r A28tsALKlii Services Alpha House 4 Greek St Stockport Cheshire Vniled Kingdom SK3 8AB
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) CONTENTS Chaiman's repjrt Trust88$' report Indtp•ndent ex¥minerf8 report Sement of financial activities Balance sheet Not•s to the Unts 9.19
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) CHAIRMAN'S REPORT FOR THE PERIOD ENDED 31 AUGUST2025 Flnal Chair's Report Closure of Easy-Go CT IStockpoMI Limiied As the last Chair of Easy-Go CT Istockportl Limiled. it is with boih pride and great sadness that I present this final report marking Ihe official ¢losure ol our charily. Over the last 40+ years. the organisation has worked tirelessly to supporl our mission and serve the community. making a posrtNe impad and assisting countless residents ol Stockport and further afield wrth accessible transport to enable them to 8CCèSS Vltal seNices such as health and education whilst also pioviding 8ddilitsnal benefits to those Ihal have used our services. An Incredible amount has been achieved over the year5 and the organisalion has adapted when Ihe circumstance dtretned il necessary, all made possible by the dedication & hard work of our drivers, passengers assistance. mana9emenl, vc>lunl¢¢rs. supporters and also the truslees. The decision lo close h88 nol been taken lightly. After thorough deliberalion and consultation with trustees, staff, and stakeholders. il became clear that winding down operations was in the best interests of 811 concemed and in line with our legal and financial obligations. The primary factors leading to this decjsion include The age of the vehicle fleetlcosts. the cost to replace the vehide fleet, inueasing costs ol running the service while available funding Pots (from Local Authorities etcl have been decTe8sing for a number of years now as well as issues such as fewer number ol drivers having automatic D1 entitlement on their driving licences. Our service operations ceased at th8 end ol July 2025 while our wonderful managernenl team ol Sue, Call and Lucy ensuring the office side of Ihe org8ni5alion was wound down by the end of August 2025 Sue and Carf have continued to support the Trustees wth the winding down process into 2026 along with assistance Irom Gi8ham Tudhope. I would like to thank them for going above and beyond with this additional support. I would like to take this opportunrty to exlend my heartfelt thanks lo all who have contributed to the organisalion over Ihe las140+ years. To our volunteers, donors. partners. and 518ff - your generosity, hard work, and dedication have been the backbone of the organisation and the high level ol service provided and let us not forget the lasling impact of oui collective efforts have had on a great deal of people who havè access our services over the years. Remaining funds will be distributed in 8c¢ordance wrth our charitable aims and regulafory iequifemenls. We ar& confidenl that these resources will continue lo benefit thosè in need, even as our doors close On beh8ff ol the board, I wish everyone connected wrth Easy-Go CT ISto¢kportl Limited conbnued success in future ende8vours and thank you for your supporf over the years J F Kenny Chair, Easy-Go CT Istockportl Limited
EASY-GO CTISTOCKPORT) LIMITED ICESSATION ACCOUNTS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE PERIOD ENDED 31 AUGUST 2025 The tw$lees presenl their report and accounts for the period ended 31 August 2025. E8sy-Go CT Istockportl Limited is a registered eh8rity INO 11422121 and a company INO. 032853611 limited by membership guarantee. Its registered tsffice is shown on the legal and administrative information page", the charity's actwilies were previously ieported under charity number 1013459. The Trustees havè ma(5e the decesion for the Charity to ceasè opeialing. Ihis 16 disclosed further in the Chairman's rep¢rt. The financial persiod was extended to 17 months lo coinride with the completion tsf the outstanding contracts and for the staff redundancy process to be completed. The Charity will complete a final set of financial statÈmenls that wll cover a period that allows for all Temaining assets to be recovered, liabilities settled and any rernianing funds to be donated to 8 local charty with similar aims and objectives. The accounts have beèn prepared in accordance with the accounting policies sef out in note 1 to the accounts and comply with Ihe ¢harily'5 governing documenl, set out on page 4, the Companies Acl 2006 and "Acwunting and Reporting by Ch8rilies' Statement of Recommended Practi¢e applicable to charities preparing theiT accounts in accordance with the Financial Reporting Standaid applicable in the UK and Republic ol Ireland IFRS 1021" las arnended for accounting periods commencing from 1 January 20161. Obl•ctlvès and aetiviti•s The charity's objects were to relieve hardship and prgmote social inclusion by providin9 accessible. affordable, and supported transport to indNiduals who were unable to use conventional passen9er transport services due Age Sickness Mental andlor physi¢81 disability Poverty Lack of availability of appropriate supported passèngef wvices Throughout it$ operation, Easy-Go CT Istockportl Limited played a vital role in enabling vulnerable Indwiduals lo acces5 education. heamhcare. and essential community services, thereby reducing isolation, supporting independence. health and wellbeing. E3sy-Go CT (Stockport) Limited operated as a cornmunity transport provider sèrving Stod(porf and the surrounding areas. Its principal activities were carried out for the public benefit in accordance with ils governing ocument. The Trustees confirm that they h8ve had due regard to the Charrty Commission'$ 9vidance on public benefit. Easy-Go CT (Stockport) Limiled's activilies were demonstrably carried out for Ihe benefit of the publi¢, particulaily Individu81s with protected characterislics and those experiencing social and economic disadvantage. The transport servicès provided en8bd access lo educabon, medical treatment. and social care, delwering ¢lear and measurable public benefit.
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) TRUSTEES, REPORT {CONTINUED)IINCLUDING DIRECTORS, REPORT) FOR THE PERIOD ENDED 31 AUGUST 2025 Until the 1055 01 core local 8uthoiity lundin9 in 2022, Easy-Go CT Istockportl Limited deliverèd a broad range of community transport services. Following the with¢Jrawal ol this funding. the charity 18¢ecl significant and sustained financial challenges In rèsponse, seNices were progressively duced in each subsequent fin8n¢i81 year in 8n effort to remain viable. Despite these duCtIOnS, tl)o charity continued lo operate a limited nurnbew ol relble conlra¢ts, in¢luding. Adult and Social Care transport services Transport for ch41dren with Speaal Educational Needs and Dis8bilitiès ISENO} to and from school NHS-sUPPOrted patient transport, primarily lor individuals requiring regular dialysis Ire8lmenl These services remained operational for as long as wa$ fin8naally leasible, renecting the TfUStees' commilment lo beneficiaries and stakeholders. Applications for ernploymenl by disabled persons had aayS been fully considered. bearing in mbnd the apliludes of the applicant concerned. Had a membèr ol stalf become disabled, every effort would have made lo ensure that their employrnent within the charity continued and that the appropriate training had been arranged. 11 was the policy of the charity that the training. career devtrlopment and promotion of disabled persons should. as far as possible, be identical to Ihat of other employeès. Flnan¢i•l r1 During the period, the total incoming resovr¢es We £1,026,980 as compared to £738,319 in Ihe previou5 period. Total resources expended in the period were £1,078,164 as compared lo £686.370 in the previous period. The def11 for the peri¢)d was £51.184 88 comparèd to a surplus of £51,949 in the prior period. 11 was the policy of the charity that unrestricled funds which have not been designated for a specific use should be maintained al a level eouivalent to between three and six month's expendituie. The trustees considered thal resetvès 81 this level would ensure Ihal. in the event of a significanl di()p in fvnding, they would be able to continue the charity's current activities while ctsnsideration was given to ways in which addition81 funds could be raised. This level of reserves had been maintained throughout the perd and the Charity upon dosure is in a position to pay all outstanding liabilities. Unreslricled funds which have not been de519n8tèd for a specific use are adequately stated. The Trustees laced an increasingly dtfficull operating environmenl, characterised by.. The pemanenl loss of local authority funding from 2022 Rising operat+onal costs An agein9 fleet of vehides requiring frequent and coslly mechanical repairs Limited opportunilies lo secuie new stsstainable contracts Desprte prudent financial m8nagemÈnt and seNice reductions, the financial position of Easy Go CT Istockporti Limited became unsustainable. The Trustees conduded th81 thè charity ¢ould no longer Continl to operate withoul placing undue financial risk on creditors and staff As a result. Easy-Go CT Istockportl Limrted ceased trading at the end of July 2025.
EASY-GO CT {STOCKPORT) LIMITED (CESSATION ACCOUNTS) TRUSTEES. REPORT (CONTINUED){INCLUDING DIRECTORS. REPORT) FOR THE PERIOD ENDED 31 AUGUST 2025 Stru¢turtr. go¥¢rn•n¢e •nd Man?ment Governlng Document The charity is governed by its consbtution adopted 17 August 1988 and amended 7 October 1991 and 6 Juty 1992. This was superseded by the Memorandum and Articles dated 15 July 2011 and amended by a Special Resolution registered 27 September 2011. Governing Bcrflies The Boafd of Trustees is responsible lor Ihe overall governance ol the ¢hanty. The trustees, who are also the directors lor the purpose of¢ompany law, and who served during the period were". GMWon9 D Barrett J F Kènny {Chaimanl J Gonzalez (Resigned 14 November 20251 Gov¢rn•ne¢ and monag¥ment The Trustees met regularty throughout this period and maintained active oversight ol the Easy-Go CT Islockportl Limited's financial position. operational risks, and strategic options. They worked dosely with the managemenl team to explore all reasonable alternatives prior to the decision to cèase trading The Trustees supported management in engaging openly and ¢ompa$sionalely with staff. ensuring that appropriate processes were followed in relation to TUPE tr8nsfers or redundancies, in line with legal and èthical obligations Professional Support and Closure Process To ensuro the ¢losui¢ pro¢e$$ was condu¢ted spOnSIblY and in acwrdance with best praclice, the Board engaged Tsquared IUKI Ltd. Business Strategy Tumaround specialists. lo provide professional advice and support Ihroughovt the wind-down period. As part of the closure process, Easy-Go CT (Stockport) Limited's vehicles were disposed of through auction, with proceeds applied in accordance with the charity's obligations. Ststsment of TrustèÈ$ RpONSIbIlitI¢* The trustees. who are also the directors of Easy-Go CT Istockportl Limited lor the purpose ol company law. are responsible for preparing the Trustees, Report and the accounts in accordance with applicable law and United Kingdom Accounling Standards (United Kingdom Generally Accepted Accounting Pra¢ticel. Company Law requires the trustees to prepare 8ccounts for each finanual year whi¢h give 8 true and fair view of the state of affairs of the charity and of the incoming resources and application of rèsources, induding the income and expenditure, of the charitable company for that year. In p¥eparing these accounts, thè twusteès are requifed to.. selecl suit8ble a¢¢ovnling poliries and then apply thern consistently.. observe the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and prudent., and prepare the accounls on Ihe going concem basis unless il is inappropriate to prèsume Ihat the charity will continue in operation. The trustees are responsible lor keeping adequate accounltng records that disc105e with reasonable accuracy at any lime the financi81 position of the charity and enable them to ensure that the accounts comply with the Companie5 Act 20(. They ale also responsible for safeguaiding the assets of the charity and hence for taking reasonable Steps foi the prevention and detection of fraud and other irTegularities.
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) TRUSTEES. REPORT (CONTINUED)(INCLUDING DIRECTORS, REPORT) FOR THE PERIOD ENDED 31 AUGUST 2025 Concluslon The Trusteès rècognise with regret the closure ol Easy-Go CT Islockportl Limited. a charily thal delivered significant soGial value over many years. They wish to place on record their $in¢eie thanks to the staff, volunteers, funders. commissioners, and partner organisations who supported the charity and the communities it served. The trustees, report was approved by the Board of Truslees. J F Kenny {chaIan) Trustee Dated." ..1310512026......... .... ....
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF EASY-GO CT (STOCKPORT) LIMITED I report lo the trustees on my examinth'on of the financial statements of Easy-Go CT Islockportl Limited (the charityl for the pefiod ended 31 August 2025. R•$ponsibllitiès and b•¥i¥ of report As the trustees of the charity land also rts direcloTS lor the purposes of company lawl, you are responsible for the preparation of the financial $tat¥ments in 8ccordance wrth the requirements of the Companies Act 2006. Having satisfied myself th81 the financial statements ol the charrty are not required to be audited under Part 16 ol the Companies Act 20( and are eligible for independent ÈX8min8tion, I report in respecl of my examinats()n ol the charity's financial slalements carried tsut vnder section 145 of the Charilies Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llbl Of the Charities Act 2011. Ind*rt•nt èxamln•rfs $tatement Since the chanty's gross income ex¢eeded £250,000. the independent examiner must be a rnember ol a body listed in secfron 145 of the Charrties Act 2011 1 confirm that l am qualifjed to undèrtake Ihe examination because l am a member ol ICAEW. which 15 one of the lisled bodies. I have completed rny examinalion. I confirm thal no matters have come to my attention in connection with the examination giving me cause to believe that In any material respect". accountin9 records were not kept in respect of the charity as requirèd by sect50n 386 of the Companies Act 2006. the financial staternenls do not accord with those records.. the financial statements do not comply with Ihe accounting requirements of section 3% 01 the Companies Act 2006 other than any requirement that the fin8nci81 staternents give a twe and lair view. which is not a matter considered as part ol an independent examinalion." or the financial statements have not bèen prepared in accordance wth the methods 8nd principles of the Statement of Recommended Pradice for accountin9 and reporting by charities applicable to charities prepafing their finanaal statements in 8c¢oidance with the Financial Reporting Standaid applirable in Ihe UK and Republic of Ireland IFRS 1021. I would like to dr8w your attention to note 1.2 in these financial statements together with Ihe Chairman's and Trustees reports in relation lo the declaratin from the Trustees that the Charity is ceasing to trade. They have gone through a redundancy proccess and post period end have sold the assets ol ¢he company. Any iemaining cash assets with be donated to a local charily with similar objective5. Jonathan VVard- ACA Azets Audit Services Alpha Hous¥ 4 Greek Sl Stockport Che5hirÈ SK3 8AB United Kingdom Dated..
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 AUGUST 2025 2025 2024 Income and endowmen Charrtablè 8Ctivities Investrnents Other income 1,TrJ7,343 1,862 17.775 720.268 1,328 16.725 Total income 1,026,980 738.319 enditurè on: Charitable activities 1,091,354 886,370 Other I13.11} Total resources expended 1,078,164 686,370 Net l•xpendltur•ifineome forthè y•arf Net movement in funds {51,1841 51,949 Fund balances at 1 April 2024 79.198 27,249 Fund balances at 31 August 2025 28.014 79,198 The statement ol financial activities includes all gain5 and losses 091$•d in thè period. The st8lemenl Of financial activities includes all gains and losses recognised in the period. All income and expenditure derive trom continuing adivrties. The statement of financial aclivities also ComleS with the requirements lor an income and expenditure accounl urbder the Companies Act 2006.
EASY-GO CT(STOCKPORT) LIMITED (CESSATION ACCOUNTS) BALANCE SHEET AS A T31 AUGUST2025 2025 2024 Notes Flxed assèts Tangible assets Imiestments 12 13 34.037 34.038 Current assets Debtors Cash at bank and in hand 14 42,798 150,346 61,270 99,203 193,144 160.473 CdItOrS.. amounts falling due withln one year 1S 1165.130} 1115,3131 Net current assets 28.014 45.160 Totsl assets current liabilities 28,014 79.198 Th* fund$ of th¢ ehgrlty Unrestrietèd lund$ 16 28,014 79.198 28,014 79.198 The company is entitled lo the exemption from the audit requirement contained in section 477 01 the Companies Ad 26, for the period ended 31 August 2025. The di¥e¢tors 8¢knowledge their responsibilities for complying with the requirements ol the Companies Act 2006 with respect to accounting records and the preparalion of financial statements. The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476. These financial statemenls have btsen prepared in accordance with the provisions applicable to companies subject to the small cornpanies re9ime. The finar181 stslernents wefe approved by the Irustees on ......................... J F Kenny Ichairrnanl Tntstee J Gonzale2 Trustee Company registration number 03285381 IEngland and Wales)
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 AUGUST 2025 Accountlng policies Charlty Inforniatlon Easy-Go CT Islockportl Limiied is a prwate company limiled by guar8nlee incorporated in England and Wales.The registered Off is Alpha House, 4 Greek Street. Stockport. Cheshitè, SK3 8AB.The entity extended it's period end to 31 August 2025 8S the company is wnding up. 1.1 Accounung Convention The accounts have been prepared in a¢¢ord8n¢e with the charity's goveming document. sel out on pag• 4. the Companies Act 20[ and "Accounting and Reporting by Charities". Statement of Recommended Practice applicable to ¢h8rities preparing their accoun15 in 8c¢oidance with the Financial Reporfing Standard applicable in the UK and Republic of Iceland IFRS 1021" las arnended for accounting periods commencing from 1 January 20161. The Charity is a Public Benefit Entity as defined by FRS 102. The charity has laken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 nol to prepare a Statement of Cash Flows. The financial stalements are prepared in slerting, whith is the fvnctional currency of the charity. Monetary amounts in these financial st8t¢ments are rounded lo the nearest £ Thè accounts have been prepared tjndtr the historical cost convention. The principal a¢¢ounting policies adopted are set out below. 1.2 Going concern The Trustees of thè Charity have made the decesion to dose Ihe Charity. They have extended the period end to 31 August 2025. this period covers Ihe end of services they were contracted to operate and the completion of the redundancy process Post this period the entity will sell its 8SSets, seltle outstanding liab11.es and donate any remaining funds to a li)¢81 ¢harity with similar aims and objectives. 1.3 Charitable funds Unrestricted fvnds are available for use al the diSli0n of the trustees in furtherance of their charitable objectives. Restricted funds afe subjeet to specffic conditions by donors or 9rantors as to how they may be used. The purposes and uses of the Teslricled funds are set out in the note5 to the financial statements. Endowment fvnd5 8rÈ subject to speafic condilions by donors th81 the capital must be maintained by the charity.
EASY-GO CT(STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 AccountSng policies Icontlnuodl 1A Ineomlng resourees Income is recognised when the charity is legalty entitled to it after any perfomiance conditions have been met, the amounts can be me8sured reliably, and it is probable th81 income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been nolified of the donation, unless performance conditions require defetral of the arnount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at Ihe time ol the donaknon. Grant and conlracl Income income is COgnised in 8m)rd8n¢e with the lemis of those grants and contraels. Turnovei is measured at the fair value of the consi¢Jèration recèived or receivable and represents amounts receivable for services provided in the nomi81 Course of btEsiness. 1.5 Resources expended Expenditure is recognised once there is a legal or constructive obligation to transfer e¢onomi¢ beneffit to Ihird p8ty, il is probable that a transfer ol economic benefits will be required in Settlement, and the amount of Ihe obligation can be measured reliably. Expenditure is classrfied by activity. The costs of each activity are madè up of the lolal of direct costs and shared costs, including supporl costs involved In undertaking èach activity. Direct cosls attribulable to a single activity are allocated directly to that aclivity Shared costs which contribule lo more than one activity and support costs which ale not attiibutable to 8 Single activity are apportioned beeen those activities on a b8SIS ¢onsistent wilh the use of resources. Central staff costs are allocated on the basis of time spent. and depreciation chargès arè allocated gn the portion of the asset's use. R&source$ trxpended a included in the Statement of financial activities on an accruals basis. Ch8rit8ble expencliture comprises those cos15 incurred by the charity in the delivery of its activities and service5 for its beneficiaries. It includes bolh costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governan cosls include those costs associated with mtsèting thè conslitulional and statutory requirements of the charity and include the audit fees and costs linked tts the $tr8tegic man8gement ol the charity. All costs are allocated between the expenditure tegOrieS in the Statement of Financial Activities ISOFAI on 8 basis designed lo reflect the use of the resource Costs relating lo a particular activity are a110¢8led directy whilst others are apportioned on an appropriate basis. 1.6 Tanglble fix•d assots Tangible fixed assets are inrtially MeasUd at cosl and subsequently measured al cost or valuation, net ol depreuation and any impairment losses. lal Motor vehicles are stated at cost Depreciation is provided at 20OA pèr annum on a slraighl line basis, in order to write off each asset ovor its usèlul life. Ibl FixtLJres, fittings and equipment are staled 81 cost Depreciation is provided at 10Qk per annum on a $118ight line b8$i$. in ordei to WTiie off each asset over its useful life. Icl Compuler equipment is slated ai cost Depreciation is provided at 33Yo per annum on a slraighl line basis. in order lo write off each asset over its useful lile. The ggin or lo$$ ansing on the disposal of an asset is delertnined 8$ Ihe difference between the sale proceeds and tha cairying value of the asset. and is rgCQgnised in the slalement of financial activities. 10-
EASY-GO CT ISTOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST2025 Accounting pollcles IContlnu•dl 1.7 Impalmient of flxed assets At each reporting end date, the Charity reviews the ¢airying amounts of its tangible assets lo determine whèther there is any indicaiion Ihal those assels have SUfred an impairment loss. If any suGh indication ex15t5, the recovèrable amount ol the asset is estimated in order to deterrnine the extent of the irnp8irrnent loss lif any). 1.8 Cosh ond eash èquivalènts Cash and cash equivalents include cash in hand, deposits held 8t call with banks, othèr short-term liquid investments with original maturities of three months or less, and bank overdralts Bank overdrafts are shown within borrowings in current liabililies. 1.9 Financial instNments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial In8trument$ Issuès. of FRS 102 to all of its financial instrLtments. Finanaal instruments are recognised in the ¢harrty's balance sheet when the charity becomes party to the contractual provisions of the inslwmenl. Fin8ncJal assets and liabilrties are olfset. with the net amounts presented in the finan¢ial slalements. when there is a legally enfoiceable righl to set off the recognised amounls and ihere is an inlenlion to setlle on a net basis or to realise the asset and Settle the liability simukaneously. Basic financlal assgts Basic financial assels. which include dèbtors and cash and bank balares. are inilially measured al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes 8 financin9 If8ns8clion. where the transaction is measured at the present value of Ihe future ceIptS discounteil at 8 m8tket r8le of inteiesl. Financial ¥ss&ts ClasSrf as recewable within one year are not amortised. Basic finoncial liabilities Basie finanaal liabile$. including creditOTS and bank loans are initially recognised at transaction price vnless the arrangèment conslitules 3 financing transaction, where the debt instrument is measured al the present value of the future payments dis¢ounted al 8 market rale of interest. Finanaal liabilities dassified as payable thin one year are not amorlised. Debt instruments are subsequently Carried at amortise(I cost, usin9 the effectivè interest rale method. Tiade creditors are obligations to pay for goods or services that have been acquid In the ordinary eourse ol operatitsns from suppliers. Amounts payable are classified as current liabilities il payrnent is due wfihin one year or le55. 11 not, they aTe presented as non-current liabililies. Trade creditors are recognised inibally al Iransadion pnce and substquently measured at amortised cost using the effective interest method. Derocognltlon of Ilnanclal liabilities Financial Iiabililies are derecogni5ed whèn thè chacity's contractual obligations expire or are discharged or cancelled. 1.10 Employèè b•n•fits The cosl of any unused holiday entitlement is reco9ni$ed in th& pèriod in which the employee's s&rvices are re1vd. Teimination benefits 8re re¢ognised immèdiately as an expense when Ihe charity is demonstratAy committed to terminate the ernployrnenl of an empltsyee or to provide tem)inalion benefits.
EASY-GO CT{STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 Ac¢ounting ptsll¢ies IContlnu•dl 1.11 Expenditure All expenditure 1$ 8¢¢ountÈd lor on an accruals basis Critical accounting esumates and Sudg•ments In the application of the eh8rity'S 8ccounting policies, the trustees are required to make judgernenls. estimates and as5UrnPtions about the carrying amount of assets and liabiSities that are not readily apparent from other SOUf¢es The estimates and associated assumptions are based on histoncal experience and other factors Ihat are ¢on$i(lered to be relevant. Actual results may differ from these éstirnate5. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to 8ccounting 5tim31es are recognised in Ihe 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 cuiient and future riods. There were no critical a¢counling eslimales and judgemenls Income from inve¥tments Unrestrfietsd Unrestricted funds funds 2025 2024 Intest rec•ivabl8 1,326 12
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EASY-GO CT{STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST2025 Othtrr in¢om• 202S 2024 Bus Seryice Operators Grant 17.775 16.725 Nèt mavèment in funds 2025 2024 The nel movement in funds is slated after charginglluedrtingl". Fees payable for the independent examination of the charity's fin8n¢ial statements Depreciation ol owned tangible fixed assets Profit on disposal of tangible fixed 88setS 2.5C(J 13,804 18.609 I13,1) Charitable aetlviti•s 2025 2024 Staff costs Depreciation 8nd Impalmnt Motor expenses Consultancy fee5 765,802 18,609 236,499 15,237 431,838 13.804 192.540 7.316 1,036.147 645,498 sha ol support ¢osts (see note 91 Share of 9overnance costs (see note 91 49,207 38.372 2.500 1.091.354 686.370 Analysls by fund Unre8tricted funds 1,091,354 1.091,354 For th• p•rfod èndèd 31 M•r¢h 2024 Unrestricted lunds 686.370 686,370 Trustees None of the trustees lor any persons conrwted with them) received any remuneration during the year. 14_
EASY-GO CT(STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 Support CO8ts Support Governance osts costs 2025 2024 Basis of allocation Rent Office expenses Sundry Insurancè Subscriptions Staff training Bank ¢haiges Bad ¢Jebls Irrecoverable VAT Refreshments and volunteer expenses 29,100 18,942 2.482 29.1 18.942 2,482 18,ODJ 9,997 1,621 2.145 141 126 {3,) 141 126 {3.9631 47 5,336 82 Accountancy lees 6,CKJO 6,0 2,$00 Govemance 49,207 6,000 55.207 40,872 10 Employee8 The average monthly numbèr of employees during the period was.. 2025 Number 2024 Number Drivers Passenger assistants Adminislrth'on 19 19 Total 31 31 Employrngnt eosts 2025 2024 Wages and salaries 765.802 431.838 Included in wages are redundancy costs totalling £122.391. Th¥re were no employees whos? annual rèmuneration was £80.0 OT rn0. 11 Taxation Easy-Go CT Islockportl Limitèd is a registe charrty. no provision 1$ made for either current or deferred tsxation. 15-
EASY-GO CT(STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 12 Tangibl• fixod a¥8ets computern Motor vehlclg5 Toial Cost Al 1 April 2024 Additions Disposals 253 357.948 7.450 1365.3981 358,201 7.450 1365,3981 At 31 August 2025 253 2&3 Depreciatlgn and impaimient At 1 April 2024 Depreciation charged in the period Elirninaled in fespecl of disposals 83 170 324,081 18.439 1342,5201 324.164 18,609 1342,5201 At 31 August 202S 253 253 Carrying amount At 31 August 2025 At 31 March 2024 33,867 34,037 During the period thè charity ceased trading operations. fixed assets wrth a nel book value totalling £22.878 were 501d 81 auction for a consideration of £33.768. 16-
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE PERIOD ENDED 31 AUGUST 2025 13 Fix•d •$$*t InstMents Unli$t•d Invesknents Cost or valuatK>n At 1 April 2024 Disposals At 31 August 2025 Carrylng amount At 31 August 2025 Al 31 Maich 2024 On the 22nd October 2024, Easy Go Travel Service Limited was di$$0ed. 14 Dèbtors 2025 2024 Amounts falling dut wlthln on8 yèar.. Trade debtors Other debtots Prepayments and accruad income 48,741 2.299 10,230 9.030 33,768 42,798 61,270 15 Creditors: amounts falling due within ane year 2025 2024 Trade creditors Accruals and deferred income 155,682 9.448 112.813 2.500 165.130 115,313 17-
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 AUGUST 2025 16 Unrestricted funds The unreslricled lunds of Ihe charity comprise the unexpended balancès of donalions and grants which ale not subiect to specthc conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unre$tricled funds by the trustees for specifie purposes. Incoming resources Resources At 31 August expended 2025 2024 General fvnds 79.198 1.026,980 11,078,164) 28,014 Previou5 year.. At l April 2023 Incorning resources Resources At 31 March expended 2024 General funds 27.249 738,319 1666.3701 79,198 18
EASY-GO CT (STOCKPORT) LIMITED (CESSATION ACCOUNTS) NOTES TO THE FINANCIAL STATEMENTS {CONTINUED FOR THE PERIOD ENDED 31 AUGUST 2025 17 Rèlatéd party transactions Transactlons wittb related parti•s During thè period the charity entered into the following transactions wrth related partS.. During the year Easy-Go CT ISto¢kportl Limited pa Mr D Jackson £1,orx) 12024 - £1,200) for website support. Mf D Jackson is the son of Ihe genef81 manager Mr C Schoolden 19