REGISTERED COMPANY NUMBER: 07489822 (England and Wales) REGISTERED CHARITY NUMBER: 1145266 REPORT OF THE TRUSTEES AND UNAtJDrrED FINANCIAL STATEMEwrs FOR THE YEAR ENDED 31 JANUARY 2025 FOR GOSTART COMMUNITY TRANSPORT LTD Seago and Stopps Ch&rt¢red Ccrtifi¢d Accountants 61 Station Road Sudbury Suffolk C0102SP
GOSTART COMUr[y TRANSPORT LTD CONTF,NTS OF THE FINANCIAL STATF,MENTS FOR THE YEAR EIYDED 31 JANUARY 2025 Page Referellce and Administrntive Details Report of the Trustee8 Independent Examiner'5 Report Statement of Fiyjancial Aetivities Balance Sbeet 10 to 11 Notes to ibe Financial Statements 12 to 19 Detailed Statement of Finallcial ActiMties 20
GOSTART COMLIIUNITY TRANSPORT LTD REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 JANUARY 2025 TRUSTEES P Finch (appointed 27.4.24) D Martin (Treasurer) J M Kemp (appointed 3.4.24) A D Beecroft (app)inted 3.8.24) REGISTERED OFFICE Unit 6 South Suffolk Business Centre Alexandra Road Sudbury Suffolk C0102ZX REGISTERED COMPANY IWMBER 07489822 (England and Wales) REGISTERED CHARITY NUMBER 1145266 tNDEPENDENT EXAMINER Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP Page I
GOSTART COMMuNrrY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR EIWED 31 JANUARY 2025 The trustses who are also directors of the Charity for th¢ purposes of thc Compantes Act 2006, pr¢s¢nt their report with the financial statements of the charity for the year ended 31 January 2025. The tnJst¢¢s have adopted the provisions of A¢counting and Reporting by CharitÉes'. Ststement of Recommended Practice applicable to charities pr¢paring their accounts itt accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)- ORIECTIVES AND ACTivrriES AIMS AND ORJECTIVES The principal object of the charity is to provide low-¢ost accessible transport and related support for anyone who is trdvel disadvantaged by rcason of ag¢, disability, poverty or social isolation in Sudbury, Suffolk, and the surrounding villages and communities. By our activities, Gostart supports the physical and mental well-being of our mcmb¢rs. OUR OBJECTIVES ARE ACHIEVED BY.. l. Providing and maintaining non-profit making community transport services. 2. Working within the community in order to improve people's mobility. 3. Engaging and working with other voluntary groups withtn the Sudbury ar¢a. 4. Working to identify the needs of older people, particularly those livillg in isolation. those with limited mobility and aThyone who is lonely and risks failing health as a result. 5. Maintaining awareness of society changes and th¢ needs of memb¢rs of our community. Identifying the needs of individuals, and other organisations, and then testing out and delivering new or adapted services. llifieaut activities We provide.. l. Dial-a-Ride door-to-door services within an 8-mile radius of Sudbury. 2. MPV services providing a safe way of attending hospital and medical appointments furthcr afi¢ld. 3. Day C¢ntr¢ transport scrvices for elderly passengers and anyonc suffcring with dcmcntia. 4. Transport for primary school pupils taking part in out-of_school lessons and activities. 5. The Expanding Horizons proj¢¢t provides days out for older people who are lonely or isolated. 6. Transw)rt for members of small local voluntary groups tying to access activities and events. 7. Planning and TulllliTEg a twice weekly bus route to villages which have no oth¢r bus service to Sudbury. A schedule of data perfonnance is attached to these accounts. Page 2
GOSTART COMMUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 OBJECTIVES AND ACTtVlTIES PROVISION OF COMfvIUNrrY SERVICE AND PUBLIC BENEFrr Gostart provides community benefit by using safe, reliable means of transport for people of all ages. This applics particularly to anyone with limited or restricted mobility, who needs or wishes to get oul of the place where th¢y nornially live. This may bc for r¢asons such as a do¢tofs appoilltm¢nts, going shopping or for social internction. Community Transport provid¢s a direct benefit to passengers and T¢assurance by providing short duration respitc for carers and family members. Gostart engages and Works with a wide range of other voluntary and not-for-profit organisations in order to extend range and reach of services. There are dozen5 of small local groups who use Gostart services. Some examples of user groups that show th¢ diversity of groups that use Gostart services to the ¢ommunity: * Babergh Oddfellows. * Red House residential care home. * Sudbury Baptist Church. * Th¢ local day centre for older peopl¢. * Long MelfoTd amatsur football team. * All Saints Church Causeway Group. * Sudbury History Society. * Hard of hearing club. * St Joseph's care home. * Sudbury & Distinct Art Club. * Boxford Bowls Club. Page 3
COSTART COMMUNITY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 FINANCIAL REVIEW SUPPORT AND FUNDING We still would like and rtally n¢¢d to move away from d¢pendence on funding by the government at both local and national level. However, at present this still seems to be an unachievable goal. W¢ have five sources of income- passenger fares, htre charges for group us¢ of vehicles, donations from passengers and family members, grants from support bodies and direct government funding. During the year, Trustees took action to protect the sustainability of Gosiart operations. This included an increase in passenger fares, the first for some years. The increase which averaged 150/0 was iEnplemented i August 2024. Passenger feedback was only supportive, "still much cheaper than a iaxi" for &xatnple. Our largest single external funder is grant support from Suffolk County Council for Dial-a-Ride door-to-door services and our accessible MPVS as a subcontractor to Iladleigh Community Transport. Other funding support comes from a number of sources.. * Babergh District Council and Sudbury Town Council help with core costs. running costs and rates. * Parish Couticils of MoTdis Eleigh, Bildeston.Brent Eleigh and the Waldingfi¢lds, as support for 112 route. * HMG Dff through the BSOG scheme, under which some of the cost of fuel is subsidised. * His Majesty's GovertLtncnt and SCC with support for bus fares. We also appffciate donations I small granls from: * A few County and District councillors through their Locality Budgets. * Personal donations from many l(K&l residents and passengers, famili¢s. We acknowledge with grdteful thanks the support and help provid¢d by all those listed above and particularly the donations from passengers and family members which on many CasionS are "slipped quietly to driver with fare rnon¢y" Gostart would like to express sincere thanks to all donors and contributors. Without all your help and support we would not be able to continue operating Gostart services for people living in the Sudbury area. STRUCTURE, COVERNAY4CE AND MANAGEMENT Goverllillg duMellt The Charity is wntrolled by its governing documenL a deed of tnisL and constitutes a limited company. limited by guardntee, &s defined by the Companies Act 2006. Reeruilmenl and #ppoilltment of nejy trustees The app)intm¢nt of n¢w tru5tee5 are ratificd at th¢ Annual General M¢eting, when necessary. Page 4
GOSTART COMMUNITY TRANSPORT LTD IREGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 STRUCTURE, GOVERNANCE AND MANAGEIIqENr ORGANISATIONAL STRucfiiRE Structure and Membershi Gostart is an independcnt voluntary body which has a local tnembcrship made up of individuals and other not-for-profit bodics and organisations. Current individual membership stands at 838 mcTnbers and 89 local voluntary groups. L4)CAtion and Pro Gostart operates from Unit 6 in South Suffolk Business Centre. Sudbury. where we have an office and outdoor parking for our six vehicles. The offi¢¢ and parking area are all rented from Babergh District Council, via their managing agents. NWES. Gostart Pe le At 31 January 2025 we had three part-time members of staff. Deborah and Julie provided effectiv¢ management of the offi¢¢ in¢luding b(ioking5, vehicle allocation and all the general day-to-day office administration. Adam, ow maintenance man. has been with Gostart for just over five years. Julie retired s aft¢r the year end and the Trustees wish to record iheir thanks to her for 7 years of servtce to the Charity and its m¢mbers. Melanie joined u5 in Mar¢h 2025 in Julic's place and we w¢lcome her and the contribution she has already made. There aTe four trustees and we are always looking for new trust¢¢s to strengthen our team. All our 19 drivers re volunteets, we also have a couple of volunteers who travel as passenger assistants. Trustees reporled ihe unlimely death of ¢he Charity's Founder, Mr John Phillips. on April 15th 2024, laslyear'5 annual reporl. John worked tirelessly for the Charity and was well known and respected I11y, county-wide and even nationally. as an active member in the Community Transport world. His Tnany other interests and voluntary service activities had to accommodate his Gostart roles which included driving our vehicles when necessary. on duty to the end. To r¢pla¢e John in his dual rol¢ as both Founder Trustee and day-to4lay voluntary manager of Gostart proved a complex task for the Trustees. Unable to identify another such volunteer, the Trustees absorbed the duties and decided that they should appoint a part-tim¢ m4mager to take responsibility for day-to-day issues. En this we acknowledge the support of Bab¢rgh District Council who made a Community Cirant award of £1 0,000 toward ihis additional cost. Our first recruittnent failed, as the person apix)int¢d resigned after a few weeks. The Trustees are pleased to welcome a ncw Operations Manager, who joined us in July 2025. Vehicles We currently own six vehicles, &ll adapted for use by our membenslpassengers. All are in good working order though Tnost are now showing signs of "wear and tcar" Ihrough continual daily use. We have a good working relationship with a garage in Sudbury which pmvides a regular programm¢ of inspe¢tion and service under an agreement which meets the standards required by the Dff for vehicles carrying passengers. Our 5 older vehicles ar¢ dies¢l w)wered' we very aware of the need for replaccments in near future. During this year. Gostart took delivery of our first fully electric powered minibus. We Selected the supplier. agreed the specification, placcd the order and took delivery in May 2024. The vehicle was delivered in time to be present at the funeral of John Phillips, appropriate since he put so much effort into this k¢y project for Gostart. Page 5
GOSTART commu TRANSPORT LTD (REGISTERED I¥UMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT RISK MANAGEMENT The trustees recognise and undcrstand their duty to recognise and minimtse any risks to which the charity is exposed. The tnst¢es hav¢ to ensure that appropriate supervision and controls arc put in p5ace in order lo provide reasonable assurance against fraud or any actions which may cause damage to the charity. W¢ had previously identified four primary risks for Community Transport. Here are some of the risks faced by all Community Transport operators and how Gostsrt mitigates them. Requirement for S19 and S22 Pemits We currently have Six op¢rating pemjits issued by Dff under section 19 and two under section 22 of the 1985 Road Tralyic Act. All permits are current with validity dates between 2026 and 2027. These pemjits enable and allow us to opernte services such as door-to-door Dial-a-Ride, MPV services largely for patient transport to hospitsl. and one route registered with Traffic Commissioners. Recruitment and Training of volunteer& Gostart is heavily dependent on recruiting sU1c]ent volunteer driver5 and p8ssenger assistants to maintain its services. This can be problematic and is a continuing risk as almost all our voluntecrs are past ret1ment age. Gostart arranges and funds training for all volunteers. We use the CTA supported MIDAS system for training drivers and first aid training is provided by a firsi responder as required. Provision of training is an essential common-sense requirement but it is a significant reCU1Thg annual cost. Driving licene&s and driver6, medi¢*]s When drivers reach their 70th birthday they have to undergo a m¢dic&l before they apply for an updated licence which includes the "D" category. Gostart pays the medical fees for drivers, medicals since it is seen as unfair co expect volunteers to fund this themselves. GDPR regulations We continue to do our best to maintain safe and secure records in ¢ompliance with the GDPR regulations. Transport lo GP'S and hospitsl appoÈntmeLts Gostart aims to fulfil all the requ¢gts and bookings made by local people for transport, particularly where medical appointments are concerned. This often means providing s¢rYice where elderly and disabled passengers are d¢nied acce55 to NHS NEvf (Non-etnergency passenger transport. SAFEGUARDING The nature of activities and seryices provided by Gostart mean that all our drtvers are in daily Contsct with members of the public who may be at risk. GoSLth is involved with a wide age range of pass¢ng¢rs including young children and people w¢ll past retirement age. Amongst these pass¢ngers there are people wtth eyesight problems, hearing problems. mobility problems aTid an increasing number suffering from various fornis of dcmentia. All Gostart Staff and volunteers have a current enhanced DBS document which has been registered on the DBS accessible document site and As chked annually. Our safeguarding policy identifies thc Manag¢r as the person responsible for monitoring safeguarding issues. Page 6
GOSTART COMfviuNrrY TRANSPORT LTD (REGISTERED NUMBER: 07489822) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JANUARY 2025 STRUCTURE, GOVERNANCE AND MANAGEMENr POLlCtES AND PROCEDURES To support risk manageinent Gostsrt has developed and operatcs policies and operational procedures to ¢nsur¢ that services provided are frt for purpose and safe to use. During the year. Trustees reviewed the policies and updated th¢m wh¢rc tkc¢ded. As at the time this document was produced Gostart had in place the policies and proc¢dures detailed in the following schedule.. Safety issues- * Protection and safeguarding. * Accident and incident reporting. * Lone Working Procedure. * Use of electronic devices in vehicles. * Passenger loading tn vehicles. * GDPR Regulations. General purp)se: Privacy. Re¢ruitment Procedures. Purchasing and procuremenL Equal Opportunities. Safe fuclling policy and procedures. Hospilal Parking Arrangements, Environmental. Financial issues.. * Credit Control. * Reserves. * Volunteer expenses. * Money handling and record k¢¢ping. The Trustees confirni that they have refetTed to the guidance contained in the Charity Commi55ion's general guidance on public benefit when reviewing the charity's aims and objectives and in planning future activities. This report h8s been prepared in &crdanCe with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on ........... If 14 ZOPS - and signed on its behalf by= OaK/ D Martin - Trust¢e Page 7
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF GOSTART COMMuNrrY TRANSPORT LTD {REGISTERED NUMBER: 07489822) Independent examiDer's report ¢0 the trustees of GOSTART Community Trallsport Ltd {'the Company,) report to the charity trustees on my examination of th¢ accounts of the Company for the year ended 31 JaTtuary 2025. Responsibilities and basis of report As the charity's ttwstees of th¢ Company (and also its directors for the purposes of company law) you are responsible for the prepAration of th¢ accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myseifthat thc acco4Ents of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in resp¢¢t of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 201 l Act')- In Carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's statement I have complet¢d my examination. I confimi that no matters have come to my att¢ntion in connection with the examination giving me cause to belicye.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or the accounts do nol accord with those records; or 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 a5 part of an independent examination. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting attd reporting by charities (applicable to charities preparing their accounts in accordance with th¢ Financial Reporting Standard appli¢able in the UK and Republic of Ireland (FRS 102)). I have no ¢on¢erns and have come acros5 no other matt$ in connection with the examinatioll to which attention should be drdwn in this report in order to enable a Proper understanding of the accounts to reached. Andrew Stopps FCCA A Seago and Stopps Chartered Certified Accountants 61 Station Road Sudbury Suffolk COIO 2SP Page 8
GOSTART COMMUNITY TRANSPORT LTD STATEMKNf OF FINANCIAL ACTIvrrIKs FOR THE YEAR ENDED 31 JANUARY 2025 31.1.25 Total funds 31.1.24 Total funds UnTestri¢ted Restricted fund funds Notes INCOME AND EIWOWMENTS FROM Donations and legacies 95,346 10,876 106,222 145.367 Inv¢stm¢nt incomc 1.839 1.839 2.072 Total 97,185 10.876 108.061 147.439 EXPENDTfuRK OF4 Other 87,241 23.902 111,143 84,617 ET INCOMEI(EXPENDITURE) 9,944 (13.026) (3,082) 62,822 RECONCILIATION OF FUNDS Tolal funds brought forward 56,870 89,031 145.901 83.079 TOTAL FUNDS CARRIED FORWARD 66,814 76.005 142 819 145 901 The notes forni part of these financial *atements Page 9
GOSTART COMMUMTY TRANSPORT LTD (REGISTERED NUMBER: 07489822) BALANCE SHEET 31 JANUARY 2025 31.1.25 Total funds 31.1.24 Totsl funds Unre5tricfrd Restrictcd fund funds Notes FIXED ASSETS Tangible assets 18.653 59,104 77,757 24,035 CURRENf ASSETS Debtors Cash at bank and in hand 4,423 46.635 4,423 63,536 12,979 110558 16.901 51.058 16,901 67,959 123,537 CREDrroRS Amounts falling due within one year 10 (2,897) (2,897) (1.671) NET CURRENT ASSETS 48,161 16.901 65,062 121,866 TOTAL ASSETS LESS CURREwr LIABILTTIES 66,814 76,005 142,819 145,901 NET ASSETS 76,005 142,819 145,901 Unrestri¢ted funds Restricted funds 66.814 76,005 56,870 89,031 TOTAL FUNDS 142,819 145.901 The charitsble company is entitled to Cxemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January ?025. The members hav¢ not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance wtth Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting rordS that comply with S¢¢tions 386 and 387 of the Cofftpanies A¢t 2006 and (b) preparing financial statements which give a true and fair view of the state of affairs of ihe charitsble Company as at the end of each financial year and of its Surplus or deficit lor each financial year in accordance with the requirements of Sections 394 and 395 and which othcnvise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. The notes forni part of these financial statements Page 10 continued...
GOSTART cOMIU1Ty TRANSPORT LTD (REGISTERED NUMBER: 07489822) BALANCE SHEET- ¢ontinued 31 JANUARY 2025 These financial statements have been prepared in aCrdanCe with the provisions applicabl¢ to charitable companies subject to the small companies regim¢. The finan tatements were approved by the Board of Tn]stees and auihorised for issue on XQ. ZS... Bnd were signed on its behalf by: QaK/ D Martin- Trustee The notes fomi pth of these financial ststemeTJts Page 11
GOSTART CoTrfMUNr TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR EIYDED 31 JANUARY 2025 AccouNfING POLICIES Basis of prepari)Jg the financial statements The financial statements of the charitable company. which is a public benefit entity under FRS 2 02, havc been prepared in accordance with th¢ Charities SORP (FRS 102) 'Aceounting and Reporting by Charities: Ststement of Recommended Pra¢ti¢e applicable to ¢harities prcparing their accounts in accordance with the Financial Rcporfing Standard applicablc in the UK and Republic of Ireland (FRS 102) (effective l Jallu 2019),, Finan¢ial Reporting Stsndard 102 The Financial Reportillg Standard applicable in thc UK and Republic of Ireland, and the Companies Act 2006. The financial stat¢tn¢nts have bcen prepared under the historical cost convention. Income All incom¢ 15 recognised in the Statemcnt of Financial Activities once the charity has entitlement to the funds. it is probable that thc income will be received and the amount ¢an be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there 15 a legal or constructive obligation committing the charity to that ¢xpenditure, it is probable that a transf¢r of economic benefits will be required in settlement and the amount of thc obligation can bc measured reliably. Expenditure is accounted for on an accrnals basis and has been ¢lasstfied under headings that &ggate all cost relatcd to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consist¢nt with the use of rc50urces. Tangible fixed assets Depreciation is provided at the following annual rat¢s in order to write off each ass¢t over tts estimated useful life. Fixtures and fittings Motor vehicles Computer ¢quipment 25 /• on reducing balat]¢¢ 250/0 on reducing balance 330/0 on cost and 25f/*o on reducing balalice Taxation The charity is exempt from corporation tax on its ¢haritable activiti¢s. Fund aceouttting Unrestr¢ct¢d funds can b¢ used in a¢cordance with the charitsble objectives at the discretton of the trustees. Restricted funds can otily be used for particular restricted purposes wtthin the objects of the charity. Restrlctions arise wh¢n sp¢cified by the donor or wh¢n fiEnds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Hire purchase and lellg commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a strnight line basis ovcr the period of thc l¢as¢. Page 12 coniinued...
GOSTART COMMUNrrY TIIANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS- tonlinued FOR THE YEAR ENDED 31 JANUARY 2025 ACCOUNTING POLICIES- continued Finallcial instruments The charity enters into basic financial instrument transa¢tion4 as appropriate and as and when required, that result in th¢ ffcognition of financial assets and liabilities within the financial statements such as trade and other COUnts receivable and payable, bank loans and hire purchase and lease contrncts. INVESTMENT INCOME 31.1.25 31.1.24 Interest received 1,839 2,072 NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingl(crediting): 31.1.25 31.1.24 D¢pr¢¢iation- owned assets Other operdting Icases 25,624 4,498 8.010 4,472 TRUSTEES, REMUNERATION AND BENEFrrs There wer¢ no trustees, remuneration or other benefits for the year ended 31 January 2025 nor for the year ended 31 January 2024. Trustees, expenses A total of £1.810 (2024 - £676) was reimburs¢d to 3 trust¢¢s during the year for travel. motor. postage and sundry expenses wholly inCued in wnnection with the ¢haritable activities of the company. The in¢r¢ase in trustee5' expenses is largely attributable to the trav¢1 costs associated with the purchase of a new minibus. contÉnu¢d...
GOSTART COMlkIUNITY TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 JANUARY 2025 STAFF COSTS The average monthly numkr of employees during the year was a5 follows.. 31.1.25 31.1.24 Admitiislration No employ¢¢s re¢¢ived emoluments in excess of £60,000. COTrLPARATIVES FOR THE STATEIKENT OF FINANCIAL ACTIVtrIES Unrestricted Restricted fund funds Total funds INCOME AND ENDOWMEwfs WROM Donations and legacies 54,237 91,130 145,367 Investment income 2.072 2.072 Total 56.309 91.130 147.439 EXPENDrfuRE ON Other 78,317 6,300 NET INCOME/(EXPEIYDTfuRE) Transfer5 between fullds (22,008) 34,726 84,830 34.726) 62,822 Net movement in funds 12,718 50.104 62,822 RECONCILIATION OF FUNDS Total funds brought forward 44,152 38,927 83,079 TOTAL FUNDS CARRIED FORWARD 56.870 89,031 145.901 Page 14 continued...
GOSTART C0fv[I[NNTry TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS- colltinued FOR THE YEAR ENDED 31 JANUARY 2025 FEES FOR THE EXAMINATIOIY OF THE ACCOUNTS 31.1.25 31.1.24 Independent examiners fees Othcr fiDancial services- payroll 1.242 630 1,062 658 1.872 TANGIBLE FIXED ASSETS Fixtures Plant and 4uipment Motor v¢hicles Computer equipment fittings Tot&ls COST At l February 2024 Additions 1,548 540 1.661 271,973 78,806 3,098 278,280 79.346 At 31 January 2025 2.088 1.661 350.779 357.626 DEPRECIATION At l Febniary 2024 Charge for ycar 1,382 177 1.242 104 248,523 25,343 3,098 254,245 25.624 At 31 January 2025 1.559 273.866 3,098 279.869 NET BOOK VALUE At 31 January 2025 529 315 77.757 At 31 January 2024 166 419 23,450 DEBTORS: AMouNfs FALLING DUE wrtEItN ONE YEAR 31.1.25 31.1.24 Trade debtors Other debtors Prepayments and accru¢d income 1,565 2.503 355 2,550 1,728 4,423 12.979 Page 15 continued...
GOSTART COMMUNITY TRANSPORT LTD Y40TES TO THE FINANCIAL STATEMENTS - eODtillued FOR TIIE YEAR ENDED 31 JANUARY 2025 10. CREDrroRS: AMOUNfs FALLING DUE wfnuN ONE YEAR 31.1.25 31.1.24 Trade creditors Social security and other taxes Ac¢rned expenscs 1,608 (53) 1.342 421 90 1.160 2,897 1,671 11. MOVEMENT IN FUNDS Net movement in funds At 31.1.25 At 1.2.24 Ullrestricted fvnd$ General fund 56,870 9.944 66,814 Restricted fuuds Simpson Fund Route 112 Electric Vehicles GP Referrals S106Fund 1,451 1.580 86,000 (1.090) 1,511 (20,324) 2,000 4,877 361 3.091 65.676 2,000 4,877 89,031 (13026 76,005 TOTAL FUNDS 145,901 3,082) 142,819 Net movement in funds. included in the above are as follows- Incoming resourccs Resources expend Movement in funds Unrestricted funds General fund 97,185 (87241) 9,944 Restricted funds Simpson Fund Route 112 Electric Vehicles GP Rcfcrrals S106Fund 396 3,480 (1.486) (1,969) (20,324) {1.090) 1,511 (20,324) 2,000 2,000 5,000 123 10,876 TOTAL FUIYDS 108,061 111 143) 3,082) Page 16 continued...
GOSTART CoMhtUNy TRANSPORT LTD NOTES TO THE FINANCIAL STATEMKNTS- eontinued FOR THE YEAR ENDED 31 JANUARY 2025 11. MOVEME IN FUNDS- continued Comparatives for movement in funds Net movement in futkds Transfcrs between funds At 31.1.24 At 1.2.23 Unrestricted fund5 General fund 44,152 (22,008) 34,726 56.870 Re5trieted funds Rouied service Simpson Fund Route 112 Electric Vehicles 34,704 2.091 2.132 (34,704) (640) (530) 86,000 1,451 1,580 (22) 38,927 84,830 34,726 TOTAL FUNDS 83.079 62,822 145 901 Comparativ¢ net movement in fund4 included in the above aff as follows: Incoming resources Resour¢es expended Movement in funds Unrestricted fufjds General fund 56J09 {78,317) (22,008) Restricted fund5 Simpson Fund Rout¢ 112 Electric Vehi¢l¢s 484 4,646 86,000 (1,124) (5.176) (640) (530) 86,000 91.130 84,830 TOTAL FUNDS 147,439 84.617) 62,822 Page 17 ¢ontinued...
GOSTART COMKUNITY TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YKAR ENDED 31 JANUARY 2025 11. MOVEMENT IN FtrNDS- continued A current year 12 months and prior year 12 months combined position is as follows.. Net movement in funds I ransfer5 b¢tween funds At 31.1.25 At 1.2.23 Unrestrieted fuDd5 General fund 44,152 (12,064) 34,726 66,814 Restricted fun(ts Routed service Simpson Fund Route 112 Electric Vehicles GP Refea]S S106 Fund 34,704 2.091 2.132 (34,704) (1,730) 981 65,676 2,000 361 3,091 65,676 2.000 4.877 (22) 34.726) 76.005 TOTAL FUNDS 83.079 59,740 142,819 A Current year 12 months and prior year 12 months combined net movement in funds. included in the aknve are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 153,494 (165,558) (12.064) Restricted fullds Simpson Fund Route 112 El¢ctric Vehicles GP Referrals S106Fund 880 8,126 86,000 2.000 5.000 (2,610) (7,145) (20.324) (1.730) 981 65,676 2,000 4,877 (123 102.006 30,202 71.804 TOTAL FUNDS 255,500 195,760) 59.740 Page 18 ntinue(L..
GOSTART Com[uNITy TRANSPORT LTD NOTES TO THE FINANCIAL STATEMENfs- continued FOR THE YEAR ENDED 31 JANUARY 2025 12. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 January 2025. Page 19
GOSTART COMMUNITY TRANSPORT LTD DETAILED STATEMENT OF FINANCIAL ACTtVITIES FOR THE YEAR ENDED 31 JANUARY 2025 31.1.25 31.1.24 INCOME AND ENDOWMENrs DollatioDS 8nd legacies Sales Donations Grants Employment allowanc¢ 33,373 3.037 68.786 1.026 35,505 2.329 106,961 572 106.222 145,367 Ityvestment income Interest received 1.839 2.072 Tothl illeoming resources 108.061 147,439 Support costs Management Wages Rent and rates ElectrÈcity Insurance Repairs and renewals Telephone Postage and stationery Advertising Sundrie5 Trav¢1 and subsistence Motor expenses and fuel AOuntancY Professional fees and subscriptions Training costs Bookkeeping 34,149 4,498 1,117 9,877 729 1.231 958 3,559 639 1,198 22.695 1.872 432 171 2,120 28,252 4,472 488 8,481 344 1,038 1,141 316 394 ,093 28,226 1,721 441 85.245 76,407 FiDanee Bank ¢harges D¢pr¢ci&tion of tangtble red assets 273 25,625 200 8,210 Total resouw¢s expended 111.143 84,617 Net {eJpenditure)/income 3,082) 62,822 This page does not fomi part of the statutory finan¢ial stateTnents Page 20
PERFORMANCE DATA START Community Transport FEBRUARY 2024 TO JANUARY 2025. SERVICE Number of passenger journeys Dial a ride, Sudbury and surrounding vlllages 5802 MPV, taking local people further afield 667 Group Hire 1096 Expanding Horizons. day trips 170 Education 862 Gateway Club (closed in 2024) 256 Scheduled Bus Route; R112 1138 TOTALS 9991 Miles travelled by our vehicles 37822 Volunteer hours recorded for the year 4013 Gostart Annual Report 2024-25