REGISTERED COMPANY NUMBER.. 07825882 (England and Walesl
REGISTERED CHARITY NUM8ER.. 1148810
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
FOR
PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
Bevgn Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER2023
Page
Report of the Trustees
Independent Exam5nerfs Report
Statement of Financial Adyltles
10
ststOrn8nt of Flnanclal Po8ltion
11
Notes to the Financtal Statements
12 to 19
Datailed Statement of Flnan¢ial Activiti•s
20 to 21

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees who are also directors of th8 charity for the purpose5 of the Companies Act 2006. present their report with
th8 fin8nGial statements of the charity for the year ended 31 December 2023. The Iru5tees have adopted the provisions
of Accounting and Reporting by Charities.. Statement of Recommended Pra¢li¢e applicable to charities p￿pariNg their
accounts in accordan￿ with the Flnancial Reporting St8ndard applie8ble In the UK and Republic of Ireland IFRS 1021
18ffective 1 January 20191.
OBJECTIVES AND ACTIVITIES
Objectives and aims
PACTO'5 ch8ri1able objects a￿ specifically restricted to the following..
ro promote charltable and voluntary org8nisations Involved ilt the provislon of commtsnity transport wlthin
Pembrokeshire In particular not exclusively. by the provisTron of informatlon, tralnlngi advl¢e and supporL
Community Transport ICTI 15 defined as 'Yree or low (x)st transport for person5 in need by reason of old age, youth,
disability, poverty or for persons INing in geographically isolated are8$ with no, or limlled public transport..
Charities are organisations, which are est8blished for exduslvely charitable purposes in a¢cortJanc8 wSlh the laws of
England and Wales. Voluntary organisations are independent organisations which a￿ established for purposes that add
value to th8 ¢omrnunity as a whole. or a significant section of the community. and which are not permitted by their
constitution to mak8 8 profit for private di5tribLrtion. Voluntary organisations do not indude local gov8mment or other
5tstutory organisations.
Public Benefft
The trustees have had due regard to Charity Commission guidan￿ on Public Ben&fil and this annual report ol PACTOs
activities cleady dernonstrales that these objects are being fully met. We continue to provid8 a rang8 of services to
charttabl8 and voluntary organi52tions involv8d in the provisron of comrnunity transport.
Volunteer5
The aYerwJe number of volunteers involved règularty on PACTO busines5 17.
Page 1

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
ACHIEVEMENT AND PERFORMANCE
Charitable aclivilies
Whilst 5etviees a￿ now largely back to 'normal', we ¢ontinu8 to see an impact on peopl8's confidence to travel.
partscularfy amongst those who are elderly 8nd vulnerable. This provides both challen9es and opportunities for PACTO
and Pembroke5hire's community tr8nsport operators.
Take Me Too Project
We started this project year ha￿WaY through a yeadong marketing plan, 1dentfy￿ng appropriate locations, venues,
organisations and stakeholders to assist the relaunch of the Project, which was in June 2022. A new reotuitment drive
began to build the driver database, which is key lo the success of the project, 5UPPOrt8d through Social M8dia, Press
R818as8 and Outreach ses5iOllS.
It became very dear that we wer8 Still suff8ring the legacy of the Pandemic and the cost of living crisis as p￿pIe
changed their travelling habits
We undertook 8 public survey which ran through June to 18th July resulting in 460 responses.
Herg 8re sorne of the data result5'.-
How often do you or other members ol your household hav9 dtwiculty gètting somewhere you want or n88d to go due lo
lack of transport?
Answer Chol
1. Never
2 Rar8ty18 few times 8 yearl
3 Sometimes (every monthl
4. Often (every weekl
5. Donl know
Response Percent
29.1°A
37.1%
Response Total
132
168
96
56
124%
0.2Y.
The majority of people who responded don't have transport difficU￿e$, probably reflective of the wider populatio
P￿pIe who often have difficuty wrth transport seem rnore likely to be older175+ or younger 18-341
During a typical month. which of the following fom15 of transport do you use? Please seled all that apply
Answer Choicè
1. Personal or hou$8hold carlvanlrnotor cycle
2. Public Transport e.g bus or train
3. T8XI
4. Bicycle lincluding 8-bik81
5. Community T￿n$KM)rt. e.g Dial-a-Ride, Country
Car5, Pembrokeshire Voluntary Transport
6. Shared car Club
7. Infonnal lrfi sharing wth close family and friends
8. Fortnal lift share scheme e.g organlsed by a
work-place ur other group
Re5pons8 P8rcent
Response Total
415
128
47
43
91.6Y.
28.3%
10.4%
3.5%
16
338%
153
1.8%
The majority of responders have access to Person81 or household carlvanlmtstorcycle
Approx. 34U/o engage in informal lrft sharing with friends or close family
Only 1.8% engage in a formal lift sharing scheme 8.g. Ofganised by a work pla￿ or other group whereas a lot mort used
Public TrAnsport 28.3%
What do you feel are tre main barri8rs to lift sharing with'Take Me Tool.? Please order these in terms ol their importance
Answer Choice
1. Needing to p18n ahead to wu8sl or share a journey
2. 1 feel uneasy relying on someone else when i need to make an
important joumey
3. Lack ol flexibility once you have arranged a lrft share
4.1 am worrled about the potential ¢ommitrnent
5. 1 wouldnl want to share with a stranger
6. Potenti81 effort need8d to sign up to the 5chernÈ
7. My vehicle Is not suitable
8. Technical i55ue5 using an applwèbsite
9. 1 donl feel there are any barri8r5
Is there anything else you feel may be a barrie
Total Score
2108
Overall Rank
2092
2010
1973
1780
1395
1309
1296
707
80
Over 80 wmments were made by responder5 at18a5t 20 ofwhieh ￿lated to safety aspects
H8ve incr8a5es in the'cost of LNing' changed your travel habits? Pleas8 select 811 that apply
Page 2

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Answer Choice
1 1 am rn0￿ likely to combine joumeys into one trip than make
58v8ral over the week Ilor example shopping and an appointment)
2 1 am more likely to consider lift Sharing with a friendlfamily
memberlcolleague
3 1 am mole likely to consid8r lift sharing with a scheme like'Take
Me Tool
4 1 rnake fewer unnecessary journeys
S l am rn0￿ likety to Consider using public transport
6 1 have given up my vehiclelreduced the number of vehicles wthin
the household
7 1 have tried to reduce fuel bills by driving in an efficient
mannerlusing a more fuel efficient vehid
8 1 havenl made any changes
Response
Total
Response Percent
56.5%
183
37.0%
120
21.9%
61 4Yo
17.0%
71
199
55
4.3%
14
29.6%
23.1%
96
75
75'k of people have made 50rne chang88 to theiF travel habits as 8 result of cost of liwng challenges.
Combining journey5 and lewerjoumeys mean it is less likely that people would use TM2.
Unfortunately, that is how the Tak8 Me Tool Proj8¢t came to a close at tho end of December 2023, wth the ernpha515
now on 8xploring Tak8 Me Too Wotkl workplace liftsharing and attending wents lift5h8ring as the focus under UKSPF
funding.
PIVOT (Pembrokeshlre Intsgrated Voluntary Oryanlsations Teaml Project-
We have wntinued to manage the transport element of the PIVOT project. which 15 deliver￿ by Royal Voluntary S8rvice
IRVSI volunteer drivers. The PIVOT project airns to prevellt unnecessary admissions to hospital and to reduce the
interyention required from slatLrtory agencies, by providing home-based Iow-18vel prev8ntion and reablernent support.
Other partners in the prolect include Pernbrokeshire Association of Voluntary Servi¢es. 8ritish Red Cross and West
Wales Care & Repair. PIVOT is funtjed by the Welsh Government R8gional Integration Fund IRIFI.
A team uf around 20 RVS volunteers. working on a rota, provide tonsport and settling 8t hom8 for people with no other
5uitsble means of getting home. Tonsport is available 365 days & y84r.
The m8inslream PIVOT transport service is op8fdted by volunteers using their own cars. We also secur8d further RIF
funding lo provide a dedI￿ted wheelchair actessib18 seNice as part of the PIVOT scheme, allowing us to accept
journeys for patients who are wheelchair user5 or who find it Ilifficult to transfer intolout of an ordinary car. We eontinue£l
to run this WAV ser￿￿ u51n9 a team of dedicated RVS drivers and use of P8mbrokeshire Voluntary Tran5POrt's
Wheelchair Acc8ssible Cars. PACTO a551Sted with the coordination of the WAV service from November to March 2024.
Overall. PIVOT provided 567 standard car joumeys anij 54 wheelchair accessible car joumeys during 2023 (This
mpared with 423 ioumeys and 32 wheelchair accessible carjourll8ys in 20221.
Unpaid Carers Support
We were fortunate to obtain funding, during this project year, through Pembrokeshire County Councll to provide
enhanced transport opporiunities for Unpaid C8rers. We joined with the Royal Voluntary Service (Pernbrokeshirel to
enhance their Country Cars Service. The fundino provided the following enhancements to the Pembr0k85h5￿ Country
Cars scheme..
Unpaid Carers will be ab18 to access a second journey per week. (Country Cars is usually limiterl to one joumey per
weekl. Addition81 joumey5 rnay a150 b8 approved in 8xceplional circvrnstan¢e5, at the Scheme Coordinatorfs discretlon.
N.B. This is always subject to the availability of volunteer driv8rs.
- Where unpaid Carers need to travel with the person that they Ca￿ for on any Country Cars joumey, the c8rer will travel
free of charge. (Where the Carer 15 not Iravellin9 With the person that they care for, normal fa￿ wll apply).
Running from July to December the service provided 40 ca￿r joumeys and will continue through 2024.
Fflecsl Pembrokeshire
We continued to support Transport for Wales, Pembrokeshife County Council and Pembrokeshire Voluntary Transport
with the development and promotion of the Fflecsi Pembrokeshir8 service during 2023. This Included promotion of th8
service and supporting servic8 users and groups with bookings ov8r an expanded ar88 of operation, dug 10
Pembrok8shire County Council converting former fixed bus routes into Fflec5i 58rviees in the Milford, Dale Peninsular
and South Pembrokeshire areas.
Paotr 3

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
Over the year, the Fflecsi servi¢9 as a whole in P8mbrokeshire carried 38,280 passengerjoumeys and was used by over
2500 individuals. The NW Pembrokeshire Zone, operated by pwr, provid8d 9,765 passenger journeys 112.757
including the children carried on the school run whi¢h forms part of th8 $8rvi¢xl this represents an increase of 13Yo on
2022. The Service 15 Used by a wide range ol passengers, including people travelling to work, visitors to the area, and
children. In 2023, f8re-p8ying passengers continued to rn8k8 up over 50% 01 p85seng8rs on the Ffle￿i service, in
marked contrast to more traditional Community transport services, where nearty 311 passengers are concessionary bus
pass holders.
Tralnlng
Routine Minibus Driver Awareness Scheme IMIDASI training activty continued throughout the year. In 2023, we
delivered 241 driver assessrnents (compared with 168 in 20221.
We also assisted Pembrokeshire County Council by providing Bus Saf8ty training tr> school pupils as part of the Crucial
Crew programme for upper primary school pupils held in November 2023.
Publl¢lty and Promolion
We conbnued to play an importènt role in promoting and publiusing P8mbrokeshi￿'$ community tonsport 5etViGes
,during our Outreach Pro9fdfflme in 2023, attending in excess of 80 events and venues throughout the year. This was
evidenced by th8 increase of service users ft>r all our CT Organsisation.
Guidance and Supportfoi Communlty Transport Operators
PACTO provided a range of spec￿lC 5LJPPOrt to CT operators during 2023.
Rep￿sentatIOn
During 2023, PACTO staff sat on Transport for Wales. Integrated Responsive Transport National Prograrnme Board land
the Project Board for the Pembrokeshir8 IRT pilot), Pembrokeshire Greenways, the Regional Healthy Travel Charter
Stakeholderlsteering Group. the Day Opportunitigs Forum and the Ke8p Well K88p Warm partnership Steering Group.
PACTO presented a 'lightening talk" at the CTA Wales ￿nferen￿ In Aberyswh on 15103123.
W8 a150 repr858nted
the local Cornmunity Transport sector on m8ny third 88Ctor networks I￿OrdInated by Pernbrok8shire Association of
Voluntary Services.
Monitoring and Evaluation
PACTO is proud to hold the Trusted Charity Quality Mark at Level 1, which was 8warded in September 2018.
Staff Changes & New Projects in 2023
In November PACTO said gcKJdby& lo Debbie Johnson who had b8en our D8veloprnent Officer Since 2004. We wish her
well lor the futu￿. We successfully recruited a new General Manager - Adrienne Poole who started in that roll on
Ociober 2023 working alon9sid8 D8bbie for a srnooth handover.
It was Debbies expertise that saw PACTO successfully biddin9 for and being awarded. in September, a significant
three-yearfunding investment to transform community transport in Pembrokeshire by the Motability Foundation.
Communlty Transport Transfomiatlc*n Prolect
The objective5 of the Comtnunity Transport Transfomiation Projeci are as follows..
By end of Year 1. to h&ve a elearfy defin8d CT delivery model which detnonstrate5 bett8r coordination of the resources
we have, to better meet the needs of our p￿SengerS.
By end of the project, to support at least 500 passengers to access community transport seivices in Pernbrok8shire for
the first time.
To triple the number ol passengerjourneys by wheelchair accessible car over the wurse of three years.
' To increase the nurnber of passenger journeys on dial-a-ride Servi￿ by 50% ovei the wurse of thr88 y88rs.
To recruit 30 newwh8elchair accessible car volunteer5 by the end cf the projeci.
To embed travel supportlconfidence building lor people wrth extra mobility needs wthin the PembrokeshSre Communlty
Hub, supporting at least 300 people by end of the project.
The funding will provide for 2 new wh8elchair acc8ssib18 C8r8. 3 second-haniS acc85sib18 cars, and 4 second-hand
accesslble minlbuses. IA mixture of repl8￿ment vehicles and fl8et enhancern8nlsl
During the first year ol the project, we wll be worklng with CT operators. passengers, partner and 5UPPOrt organi5ations
and other stakeholders to review how community transport services are currently structured and deliV8￿d in
Petnbrokeshire. and to identify opportunities for the future. The sewnd and third years of the project wll allow the
implementation ol the changes which have been identified.
Where 'quick wins. are identified in the first y88r of th8
proje¢l, we will be able to respond to those opportunitie5 rnore quickly.
We have recruited the followng people..
Project Manager- Wyndharn Williams,
Page 4

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORTOF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER2023
Accessible Car Coor(linalor
Darnian Golden and
Transport Connectors- Ruby Woods and Jo Hicks.
We w8re also succ&ssful in being awarded a￿sS to funds through the UK Shared Prosperity Fund IUKSPFI for our
Foundation5 for Growth Proj&t.
This project wlll develop the soclal and human capital to underpin a strong Community Transport sertor in
Pembrokeshire re2dy to meet forthcoming challenge5, such as the ￿ShaPIng of conventional public transport networks
under financial pressure, and the transition towards a zero carbon future.
W& wll develop a Transport Connector 5ervi¢e to support people to identify and 8uess the transport options that best
meet their needs, support Comrnunity Transport operators to build the foundations to confidently and sustainably grow
their Services, and further develop community lift-sharino options with a focus on as5iStino with travel to work, groups and
evenl$.
Working clos81y with the Pembrokeshire Comrnunity Hub team, Ihe Transport Connector wll work with individua15 who
are having difficulty accessing etnployrnent. training. service5 activities or events. due to lack of transport or clue to
barriers accessing transport due to rnobility issues caused by physical and s8nsory impairni&nls. mental health. leaming
isabilitie5 or other difficulties. The Transport Connector ￿￿11 work wth beneficiaries to help them to identify and access
501ution5 for their transport needs. This will be responsive to th8 needs of the individual and might include.. providing
infonnation and advic8 about public and community transport and active travel options.. helping to facilitate lift sharing.,
helping with the logistits of joumey planning.. liaising with transport operators, employers, activity organisers etc. around
th8 individual's 8t￿5 n88ds to build a 501ution that will work lor them,. providing travel training 8nd support to build
confidence to travel independently. The Transport Connector wll also work wth groups and organisalions that support
people who experien￿ transport barrigrs to provide information. advice and geneial travel training, in order to better
support their users and increase the knowledge and skills of their 5t8ff and volunleers.
The project will support Cornmunity Transport oper8tors 8cxos$ Pembrokeshire to be able io better respond lo emerging
opportunities, needs and gaps in the transport network. and to plan for future Irall5ition to a low carbon fleet. This will
include:
A Community Transport Development Officer to support and arJvi5e Community Transport operators. community
groups 8nd local cx)mmunities on issues such as opeffjtional management, fleet planning, znd the development and
expansion of community Iran5POrt S8rvioes. This will add much needed capaC￿tY to the support PACTO can offer at
time when the need for 8 strong community transport sector Is greater than ever due to the growing vulnerability of the
rnainstream public tran5POrt netsvork.
Training for staff and volunteers.
IT Infrastructure to expand ac¢ess to booking 8nd s¢heduling systems. such as the Via Operations Centrè which
underpins Fflecsi Servi￿$ (this would include driver equipfflent and li¢enslng fees).
Vehide enhancem8nts to allow for these developrnents
e.g. fitting of tick8t machine infrastrueture to ￿Mmunity
minibuses to enable them to op&rate regISte￿d flexible bus Servi￿5.
Running costs for extended services. This be in new areas or allow us to tri81 ways to fl8xibly iri¢￿2$e capacity In
existing service area zones le.g. to rgspond to event5 by providing additional transport capacity).
A feasibility study Into the opportunity ol working tO9ether with cornmunily energy organiSat￿n8 and projects on
cornmunity-based transition to low carbon fleet. This will look at experien￿$ elsewhere in Wales and the UK as well as
develop and foster links between Pembr0keshl￿'S CT and community energy se￿Or9.
W8 will build on our wmrnunity lrft sharing project. Take Me Tool This project was funded by the National Lottery
Community Fund to d8velop lift sharing lo support people in rural cornmunities wthout acee$5 to other tran5POrt options.
The project comes lo an end in December 2023. SPF funding will enable us to develop the next phase of the project,
building on lessons 18amed to date. In par￿Cular, we have identified the opportunity to further explo￿ and develop
liftsharing for travel to wod( and travel to events and groups. We have been approached by local employers such as
Bluestone and Hywel Dda He81th Board who have identified the opportunity for lift-5haring lo support their staff and
organisalion. but who n88d support to develop a solution that will work for them. This element of the project will involve
supporting employers. groups and event organisets to understand. develop and irnplem8nt appropriate liftsharing
solutions fortheir organisation. using the tw15 and experience that we developed Ihrou9h Take Me Tool
The project rnan8ger is Ady Pool8 and to deliver this proje¢t we have ￿¢rUit8d the follo￿ng..
Transport Connector- Alison Morgan
DevelDpment Officer- Jemma Sinclair
Littsharing Coordinator- Toni Dorkings
Media & Marketing Officer- Tom Pritchard
As our Tearn has grown we have found the need to establish our own Office pr8mises which are based at The 010
School Estate, Station Road, Narberth. Our landlords a￿ PLANED.
Page 5

PEM8ROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OFTHE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
FINANCIAL REVIEW
Prln¢lpal fundbng sources
The ¢haritYs main $our¢es of funding during 2023 were the National Lottery Community Fund, Pembrokeshire County
Council, and the Welsh Government's Regional Int8grat8d Fund IRIF, via Pembrokeshire Associats"on of Voluntary
Services).
Total in¢oming ￿sourceS w8r8 £333.67312022 £145,940). Resou￿$ expend8d during the y88r were £206.13712022
£183.7731 resulting in a surplus of £127.536120221(Sefititl of £37,8331.
Restriclet5 fvnd5 amount to £231,58812022 £139.4911 and unr8stri(*ed to £78,71312022 £43,274) giving total reseNes
as at 31 D9￿mb9r 2023 of £310,301 12022 £1,822.7651.
Reserves policy
A reserwes policy for the organisation has been fomially agreed, in line wth the recofflmended practice of the Charty
Cornmission. In Current circumslan(xs, the Board recognises the need to build 8dequate reserves for th8 organisation
alised through sound management of 8vailab18 r&%ources, making sensible provision for the future and lo cover any
deficit in funds for activities for which futu￿ funding may not be secured. Trustees are pro-acts.vely worklng to ensure that
re5erwes are maintained at the required 18vel and monitor thi8 position on 8 r8gular basis.
It is established that the gener81 r8S8rves take into account at least th￿e months, overheads I running ¢osts,' provision
against the risk of funding being ￿ClaiMed by funder$'. sufficient funds to eover any deficit in ￿$Our￿ for restricted
projects or for core activity which tn?y riot be funded in Ihe future,. 8nd SLrfficient working capital to finance ca5hflow
shortfalls anticipated for any re5tricte(5 project or progfftmme. For 2022, the minimum required level of unrestri¢ted
surplus reserve5 was £35,000. For 2023 the 18vel was increased to £80,000. The level of reserves 1$ reviewed annually
by the Board.
FUTURE PLANS
Our PACTO priorities for 2024 are as follow5..
Our Mission.. To facilit8te innov8tive transport solutions for everyone across Pernbrok8shire.
' To work with our Cornmunity Transport operator5 to resolve transport Challenges.
To promde an extensive pool of knowledge and resDurce5 for our partners across the transport sector. present and
luture.
To b8 ￿UrageouS and bold in championing the Vol￿ of all service users to f8￿lItzte s8Ctor-leading transport 501utions.
' To be recognised across Pembrok8shire 8nd b8yond as a household name in the Community Transport sector.
To work with CT operators. passengers, partner and 5UPPOrt organisations and other stakeholders to ￿VIeW how
community transport 5erviGes ale Currently structured and de1iv8r8d in Pernbroke5hire, and to i15entify opportunities for
the future
Tts develop the social and human capital to underpin 8 strong Cornmunlty Transport sector in Pembrokeshire ready to
meet forthcoming challenges.
To develop and establish our Take Me Too Workl lfft-sharing scheme and dev81op 8 plan for th8 future of th8 project
after funding through UKSPF end$ in December 2024.
To continue to m8nage the transport element ol the PIVOT proj8Ct. extended to end August 2024. and to lead on the
tender process to manage future provision of the Rapid Transport Servic8 in supwrt of Patient Discharge for Hyw81 Dda
Health Board INHSI in P8rnbrok8shire from S8Pt8mber 1st 2024.
To continue to deliver MIDAS Training and WAV Car Driv8r as5e5srnents to drfvers ￿thIn the voluntsry and comrnunity
sector. schoo15 and the local authorty.
To seek and secure funding to str8ngth8n and develop communlty transport operation5 in Pembrok8shir8.
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing do¢ument
The charity is wntrolled by ils governing document. a d8ed of trust, and constitutes a limited wmpany, limited by
gu8fdntee, 85 defined by the Companies Ad 2006.
Recruitment and appointment of new truslees
In line with our Memorandurn and Artides of Association. our members in 2023 were Pembroke5hire
Voluntary Transport, Pr8S81i Rurydl Transport Assoc4ation, Manorbier Cornmunity Transport, Narberth and District
Community and Sports Associalion (who run the Bloofflfield 8u51, Royal Voluntary Service Iwho run Pembrokeshire
Country Cars) and Volunteering Matters. Each organisatron is enlitled to have one representative on the Board of
Trustees, Individuals can 8180 be rnernbers and the Board has the power to Co-opt additional Trustees where necessary.
Page 6

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBÈR 2023
STRUCTURE. GOVERNANCE AND MANAGEMENT
Organlsatlonal 5tru¢tsJre
Ch8lrpÉrson'. Caroline WIlEDn
Wi¢e-Ghairperson'. Emma Bingham
Treasur8r- MiL*elle Harri&%
PACTO 8rnployed 5 m8mber5 ofstaff durtng 2023-.
08bbla Johnson, Man￿&r.. Cmg Morgan, Training Co-or¢inator'. A(Srionn8 PoolB - Take Me Tool Project co￿rdinatOr
ruby Woods- Take M8 Tool Prolect A5slstsnl.' Jc Hlck8. Mafketing Assi5tanL
This Br8W to 8 In November.
Ady Poole- General Manager, Wyndham Willlam5- Proje¢t Manager," CrzigMorgan- Training Co-ordlnelor., Ruby Wt)ods
rMTI Assistsnt., Jo Hlok5 Ma￿￿11￿,. Jemma Sinclalr- Development Officer., Damian Golden - Vehcile GDrfrdlnator
Allson Morgan- Transport Conlluctor.
Inductlon and tralnlng of naw trusteès
Trustees follow an Induction programme as r8cOrnm6￿ed by th8 Charity Comm1551on. Trustees attend tT8lnlng cournes
provide(5 by PAVS Whe￿ appropriate.
Related parues
All those charged wth governance Idlre¢tors or tru8to£sl. key mènagement P8rsonnel and InLlrildual or enlily that
has wnlrol of the th8rity as well as thgir 5pouse5, dornesllc partn8rs and depEndents are relal8d partles.
As PACTO 15 an umbrella organisation d95igned to Provide support for Its membeTS, who nominet8 a trustee to represent
them on tho board, Iransactkjns bth8en the organisalion and its m8mbers hav8 not b88n disclose(t 58parately. None of
the hdlvidu81 organls*ions can control th? dectsions of the board without the agreement Df th8 Other tnjstees. The
rnemb8rs ara charil2blg oryanisalons 8nd none ofth8 truste85 gain personally.
Rl$k managemont
The Iru5t8Ès hsve a duty to Id8ntrfy and ￿vI0W the rfsks to which the charfty is exposed and to en5ur8 approprlat•
nlrols Bre In pla¢B to provlde rea8onablE assurance agalnsl and orror. The Ttustees malntaln a rkpk reglst8r.
whl¢h18 reviewed at le8St quart8rty.
REFERENCE AND ADMINISTRATIVE DETAILS
Rgglst¢red Gompany number
07825882 IEnglani5 and WalE51
Reglstered Cha￿ty numbwr
1148810
Reg15tered 4>ffi¢0
0ohY8rdd
Belhe5da
Narbeth
P8mbrok8shlre
SA67 8HF
TTUStee8
Trustee Dlr8Ctors
C A Wlkson
E Bin9ham
J Pe￿n$ {V￿lhdr8W November20231
T Nomian
D Goloen Iwlthdrgw Octob8r 20231
Indapendent Examlner
86vgn Buck18nd LLP
Charteod Ae￿Untsnts
45 High Street
Havgrfordwest
Pembrok8shire
SA812BP
Psg8 7

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
REPORT OF THE TRUSTEÈS
FOR THE YEAR ENDED 31 DECEMBER 2023
COMMENCEMENT OF ACTllnTIES
The ch81ilablg ¢omp8ny was in¢orpora¢ad on 27 Odober 2011 and begon thaTrtab18 aeiivi11os 1 January 2012.
Thls report has bBell prepared accordan¢9 wllh the sp8Bi81 PfDvi$ions of Pert 15 Df th8 Cornpanl&s Ac12006 rel￿rn0 lo
small wtnP8ni8S.
10.q: hz*.........
Approved by order of the board of twstees on .. .
. and svJntd on Its behaLf by..
i¢IiftEWi￿0n(SeplO,2Dl4￿-39G￿T￿lI
C A Wi150n- Trustee
Page 6

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISAnoNS
Independent examiner's report to th• trust¢e$ of Pembrokeshlre Association of Communlty Tran$port
Organisations I'the Company'l
I report to th8 ¢harity tru5te8s on my examination of the a(xounts of the Company for the year 6nd8d
31 December 2023.
Respon$rbllllie5 and bas1$ of report
As the charity's trustees ol the Company land also ils directors lor the purposes of company lawl you ar8 responsib18 for
the preparation ol the accounts in accordance with the reqUI￿rnents of the Compani85 Act 2006 Ilh8 2006 Act'l.
Having satisfied myself that the accounts of the Cofflpany are not required to b8 8udited under Part 16 of the 2006 Act
and are eligible for independent 8xamination, I report in ￿SpeCt of my exarninalion of your charitys accounts as carried
out uncler Section 145 of the Charitie5 Act 2011 I'the 2011 Acl'l. In carrying out my exarnination I have followed the
Directions given by the Charity Cornmission under Section 145151 Ibl of the 2011 Act.
Indapendent examiner's statement
sin￿ your charity'5 gross income exce8ded £250,000 your examiner must bè a rnember of a listed body. I can confirm
that l am qualified to undertake the exarnination because l am a metnber of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodies.
I have cornpleled my exarnination. I confirm that no rnatters have wme to rny attention In eonnection wth the
examination giving me cause to believe..
accounting records were not kept in respect of th8 Company as r4uired by Section 386 of the 2006 Act,. or
the 8¢oounts do not 8ccord wth thDse records.. or
the accounts do not ￿MplY with the awounting iequir8rnents of Section 396 of the 2006 Act other than any
reqUi￿rnent that the accounts give a true and fair view which 15 not a matter considered as part of an
iridependenl examlnation., or
the account5 have not been prepared in accordanc8 With the methods and princip18s of the Statement ol
Recomrnended prad1￿ lor aC￿>Unting and reporting by charities (applicable lo charitie5 preparing their account5
in accordan￿ with the Financial Reporting Standard applicable in the UK and Republic ol I￿land IFRS 10211.
I have no concern5 anc5 have o)me acros5 no other matters in connection with th8 exarnination to which attention should
be drawn in this report in orderto enable a proper understanding of the accounts to be reached.
Aun Evans FCA
Bevan Buckland LLP
ChErtered Accountants
Hav&rfordwesl
SA612BP
08te'.
Page 9

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
STATEMENT OF FINANCIAL ACTIVITIES
IINCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
Total
funds
2022
Total
func$5
Unr85tricted
funds
Restricted
fund5
Notes
INCOME ANO ENDOWMENTS FROM
Donations and legacies
40
40
Other trading a¢tivities
Investment income
19,364
2,577
311.692
331.056
2,577
145,101
839
Tgtsl
21.981
311.692
333 673
145 940
EXPENDITURE ON
Charitable activilies
Charitable activities
1.076
205,061
206,137
183,773
NET INCOMEIIEXPENDITUREI
Transfers btheen funds
20.905
106,631
127.536
137.8331
11
Net movement In funds
35,439
92.097
127,S36
137.8331
RECONCILIATION OF FUNDS
Total funds brought fon￿rd
43.274
139.491
182.765
220,598
TOTAL FUNDS CARRIED FORWARD
231.588
310301
The notes forrn part of th85è financial statements
Page 10

PEM8ROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGAN18ATIOIIS (REGISTERED NUMBER- 07È258821
STATEMENT OF FINANCIAL PO3ITtON
31 DECEMBER 2023
Unreslrls18d
nds
2023
Total
fund5
Re51ricte
funds
2022
Total
funds
FIXED ASSETS
Tan9ible sssets
Notes
5.997
URRENT ASSETS
Debtors
Cash 8t bank and In hend
6,687
73.744
26,438
213.113
33.128
13,391
179.851
80,431
239.551
319,982
193,242
CREDITORS
Amunts falllng due ￿thIN one year
10
11,7181
17,9631
19,6811
116,4741
NET CURREKf ASSETS
310,201
176768
TOTAL ASSETS LESS GURRENT LIABIUTIES
78,713
231,588
310,301
182,765
NET ASSET5
78,713
231,588
182,7&5
FUNDS
Unr8Stri¢led fund5
R￿noted funds
78,713
231.588
43.274
139 491
TOTALFUNDS
310301
Th8 charita￿8 CDrnpany is enlltled te exwnption from audtt under Section 477 01 the cornpanI￿ Act 2006 for the y9ar
ended 31 December 2023.
Yhe m8rnbe￿ have not rgquired the crmpany to obtaln an audil ol it5 finenci81 ststements for the year ended
31 De¢ember 2023 in 8ccor4Jance with s&c￿On 47e of th8 Compani85 Aet 20C6.
The tm8t8es ackntiwledge thelr respon￿bIlItIes for
en6Urtng that th8 ¢hartlable ￿rnPany k88P6 8CGountlng rewrd$ that rLsmply wth S8Ctions 386 and 387 of the
Companie5 Act 2006 8nd
preparfng fin8ndal statornpnts whith glve H Iroe and fair of lh8 3t8te of affdrs of th8 ¢hsrit8ble company a6
ot the ènd of 88ch finan¢l81 year and of its surplu$ or f18flcil for each fin8ndal year In 8¢rurdanco wtth the
requlrements of S￿tIo￿ 394 and 395 8nd which otherw88 c4mply w￿h th8 fEquirements of the Comp8nies ABt
2006 rela￿1￿ to ffftèncial ststements, $0 far a8 appllcable to the charitable ¢omp8ny.
These financial $ialern8nts have beèn pr&par8d in accordance with the provlslons 8ppllcabb to charitable compdnles
subjgct to the Small companies ￿U￿rne.
Ib}
Th8 ￿nand8] statements We￿ approved by the Board of TnJstse$ 8nd authorised lor issue on
..Ao..:..f..Z•.?.*...... ....... and were slgn8d on Its by..
caru￿ne￿I￿nI5￿Io,2o2*D￿.39GNT+
C A Wli8on- Trustee
The not86 form part of thes8 flnanLial $t8tsrn8nts
Page 11

PEMBROKESMIRE ASSOCIATION OF COMMVNITY
TRANSPORT ORGAN15ATIONS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
Ba8ls of prepatlng ttte flnanclal 5tstemants
Tha financial statements of the chtritable company. wh￿b L8 8 pub15¢ benefit entlty under FRS 102, have been
prepared in accordance wih tho Charities SORP IFRS 1021 A￿X)unting Repo￿ng by Ch8rfties'. Statemènt
of RecDrnmenLlad Practlc8 Epplicable ￿ chariuos preparing Ihelr accounts in acoordance wlth the MnanGi81
Reportlng Standard appllcable In the UK and Republi¢ of Ireland {FR$ 1021 {effectsve 1 January 20191,, Flnancial
Reportlno Standard 102'Th8 Flnancial Reporting Stsndard applicable In the UK and R8publlG of Irel¥nd' enLS Ihe
Companies Act 2008. The finan¢i815ts18ments heva been prepared undèr the hlstorical rx)$l (onvenlbn.
nan¢lal r8portlng stgndard 102 . redu¢ed dlsclo¥urt examption$
The charitable company ha5 taken advanlagÈ uf Ihe followno dL8closuro exernption$ In pr8P8rfng these flnanTral
st81￿ents, a5 permKled by FRS 102 The Finandal R8porbn9 Slandard appllcable In thts UK and Republic of
the requlram8nts ol Sectlon 7 Statement Df Cash Flokn8',
the requirefflent of paragrdph 3.17ldl',
thts requir8rn8nts of paragraph5 11.42, 11.44. 11,45, 11.47. 11.48(aXliil. 11.481ollNI, 11.48lbl and
11.481¢1',
the ￿qU1￿MenL$ of paragraphs 12.26. 12.27, 12.29181, 12.29lbl an¢J 12.29K
In prepafing the ac(yJunts, the twstees have considered whoth8r in appl￿￿￿ tho acwunbng polid8s requirEd ty
FRS 1Q2 and the Ch8rit185 SORP FRS 102 (he ￿tateM8nttsf c4mpardtive itèms was r8QtJlred.
Inoome
All incorne 15 recognised in the Statement of Flnanclal Actrrfities once the charity has enliilement to the funds, it is
probabl8 that the in(x)m8 will be receiv8d and the arnounl can be measured reliably.
Interest on funds hdd on deposlt Is Induded when rerLlvabla and the amount can b8 rnea5ured reflably by the
charily., this Is nomally upon notifl¢alSon of the Snleresl paid or payab58 by the Bank.
Expenditure
Llabllille8 are r￿gnised &s expendltur8 &s soon 88 thefe Ls a 18ga] or constructlve ob1ioaUon commltbn9 the
charity to Ih8t expenditu￿, it L8 prob8ble that a trar*fer of econotnl¢ b8nefits Kryll b8 requirBd In È8lllemw)t and
the amount ol the oblig8tion can b¥ m8a5ured r81iab1y. Expenditur8 is accounted foi on an 8ccwals basis and
has be8n classified under headings Ihal a99feoata all c05t r¥lateO to th8 category bwhore ￿$1S c8nMt b8
ire¢Uy attributad lo partlcular h8adlngs they have been 8110(aed to 8Ctlvltles on 8 basis L￿nS￿tent with the us8
of r88oufGes.
Tanglbl• fixed assets
Depre¢dation is provided at th8followlng annual rat89 in orfertswrita tsff eaGh asset over Sts e5tlmated usefvl life.
20% 00 (x￿t
25% on Cost
Mulorvehldes
Compuler equipment
Asseb over£150 aTr capl¢alis8d and Impalrrnent mviows are caTried out annualty.
Yaxatlon
The ¢haThty 1$ 8X8mptfrom ujrpoiauon tax on its charitEble acti￿11￿9.
Fund accountin9
Unrnstrlct8d funds can be used in 8ccordan¢8 With the charttable obj8CtN8s at thB di50retion of the trustees.
R6siricted funds can only be Used for partlcul8r restrfcled purpo8es wilhln the objects of the tharity. Restrictions
8risowhen sparifieLI bylha donor or when funds arg ralsedfor parb¢ul8r r8$trlcled purpose5.
Furtherexplanalion orth8 natur8 and purpDSa of 8aGh fvnd Is Indudad in the notes io thefiDènd81 stalements.
Pènsion costs and 0th8r postthr2tirement bèneffts
The charltable company operates a dèflned Wntribut￿n penslon Scheme. Contributlons payable lo the
charttab18 companls p£nslon schem8 are ch3tg8d to tha Statèmonl of Finandal Aclivitles In th8 par￿d to whi
they relatB.
Paga 12
ontinued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES- Continued
Preparatron of the accounts on a golng concern basis
The trustees have con5ider8d Ihe financial performance of the Charity for the foreseeable futur8, in particular, the
next 12 to 18 months and are confident that the Charity is a going concem.
OTHER TRADING ACTMTIES
2023
2022
Grants
Training fees
Project management fee
Consultan
Transfer ol funds
311,692
17,039
2,325
129.455
12,338
200
3,075
331 056
145.101
INVESTMENT INCOME
2023
2022
Deposit account interest
2.577
839
NET INCOMEIIEXPENDITUREI
Net incomellexpenditurel is staled after chargingllcreditingl.
2023
2022
Depreciation- owned assets
5,997
13,812
TRUSTEES. REMUNERATION AND BENEFITS
2023
2022
Truste8s' expenses
Trustees, fees
174
540
256
525
714
781
Th8 tre8surer was paid an honorarium of £540 during th8 year.
Truste85' expenses
2023
2022
Tru5te8s' expenses
174
256
Payments w8r8 made to one trust88 to reimburse expenses incurr8d on beh8K of the charty.
P￿913
conunued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS- contlnu
FOR THE YEAR ENDED 31 DECEMBER 2023
STAFF COSTS
The average monthly number Of efflployees durlng the year was as follows."
2023
2022
Community Transport Development OfficÈr
ProjecL Officer5
Manager
Project Assistants
No employees received emoluments in eX￿sS of£eo,000.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Other trading activits.es
Inve5trnent ￿n￿me
15,646
839
129,455
145,101
839
Total
16,485
129.455
145.940
EXPENDITURE ON
Charitsble activities
Charitable activits.es
34.677
183,773
NET INCOMEIIEXPENDITUREI
118,1921
22,889
119.6411
22,8891
137.8331
Transfers bettveen fund$
Net movemenl in funds
4,697
142.5301
137,8331
RECONCILIATION OF FUNDS
Total lund5 brought forward
38,577
182,021
220.598
TOTAL FUNDS CARRIED FORWARD
43,274
139,491
182.765
TANGIBLE FIXED ASSETS
Ilotor
vehicles
Computer
equipment
Tot81s
COST
At 1 January 2023 and 31 December 2023
247 729
1.769
249,498
DEPRECIATION
At 1 January 2023
Charge for year
241,732
5,997
1,769
243.501
5,997
At 31 Dec8rnber 2023
247.729
1,769
249,498
NET BOOK VALUE
At 31 D8c8rnb8r 2023
At 31 December 2022
5.997
5.997
The Motor Vehides owned by PACTO are provided on free loan to local organlsations in Pembroke5hir8 for th8
provision of communlty transport serwces. These organisations take all day to day responsibility for insuring and
QP8r8ting the V8hid8S.
Paoe 14
cL)ntlnued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS . contlnued
FOR THE YEAR ENOED 31 DECEMBER 2023
DEBTORS= AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Debtors
33,125
13,391
10.
CREDITORS: AMOUNTS FALLING DUE WtTHIN ONE YEAR
2023
2022
Suppli8rs
Social security and other taxes
Other ¢reditor5
557
3,475
5,649
14,454
2,020
9.681
16.474
11.
MOVEMENT IN FUNDS
N8t
movement
in funds
Transfer8
b8tween
funts
At
31.12.23
At1.1.23
Unrestricted funds
Gen&ral fund
43,274
20,905
14.534
78.713
Restricted funds
pcc
PIVOT
Big Lottery Bus Buddies
RCDF W81sh Government
Lottery Take me Too
WCVA Voluntary Services Grant
CTA Winter Pressu￿$
Welsh Government Volunteering Pembs
Project
Postcode Lottery Grant
Motability Foundation
UK Shared Prosperity Fund
PCC Carer$ Transport Grant
112.9171
2,359
13.5761
15.9971
165,7921
112,9171
4,941
2,582
3,526
6,002
112,147
6,653
7,931
46,355
16,6531
17.9311
650
650
30,000
156.285
1741
6.343
30.000
156,285
1741
139,491
106.631
231,588
TOTAL FUNDS
182.765
127.536
310,301
Page 15
conlinued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TPANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS - eontinu8d
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
MOVEMENT IN FUNDS- continued
Net rnOV8rnent in funds, included in the above are as fo11ows'.
Incoming
r8sourc8S
Resoureès
expended
Mov8m8nt
in funds
Unrestrictsd funds
General fund
21,981
11,0761
20,905
Restrl¢ted funds
pcc
PIVOT
Big Lottery Bus Buddies
RCDF Welsh Government
Lottery Take me Too
Post(x)dg Lottery Grant
Motability Foundation
UK Sha￿￿ Prosperity Fund
PCC Carer5 Transport Grant
39.631
40,280
152,5481
137,9211
13,5761
15.9971
165,7921
112,9171
2,359
13.5761
15,9971
165,7921
30.000
156,285
1741
6,343
30,000
177.957
17.460
6.365
121.6721
117.5341
221
311.693
205,0621
106,631
TOTAL FUNDS
333.673
206.137)
127,536
Comparatlves for movement in funds
Net
movement
in funds
Tr8nsfers
betrveen
funds
At
31.12.22
At1.1.22
Unie$trl¢ted fvnds
Geneial fund
pcc
Bus Buddies
35,947
2,630
16.271
18,9441
12,6301
34.463
43.274
34,4631
38,577
118,1921
22,889
43,274
Restrfjcted funds
pcc
Town Rider
PIVOT
CT Vehide replaeernent fund
Big Lottery 8us 8uddi8S
RCDF Welsh Govemment
Lottery Take me Too
Volunte8r R8cruitment Campaign
PAVS Supporting Community Action Fund
WCVA Voluntary Serviees Grant
CTA Winter Pressur
Learning Disability Innovats-on
Welsh Government Volunteering Pembs
Project
21,308
12,070
4,670
6,051
12,344
13.763
85.276
17,0761
1331
6,653
18,175
7,818
13,1581
12601
12,0881
118,1501
111,8101
2,582
16,0511
18,8181
113,8121
26.871
3.526
6,002
112,147
6,051
7,076
33
6,653
7,931
110,244)
17.7801
1381
1.002
3521
650
182,021
19,641
22,889
139.491
TOTAL FUNDS
220,598
37,8331
182,765
Paoe 16
continued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS- ¢ontSnu8d
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
MOVEMENT IN FUNDS- continued
Comparative net rnovement in funds. induded In the above are as follows..
Incoming
resour￿$
R8sources
expended
Movement
in funds
Unrestrlcted funds
General fund
Bus Bu(Sdi85
16,452
33
16.271
34,4631
34 4961
16,485
134,6771
118,1921
Restricted fvnd¥
pcc
Town Rider
PIVOT
Big Lottery Bus Buddies
RCDF Welsh Governrnent
Lottery Take me Too
CTA Winter Pressur88
Learning Disability Innovation
Welsh Government Volunteering Pemb5
Project
39,788
142,9461
12601
131,1011
18,8181
113.8121
138.7861
110,2441
12,7771
13,1581
12601
12,0881
18,8181
{13,8121
26,871
{10,2441
17.7801
29,013
65.657
15.0031
352}
129455
149 0961
19,641
TOTAL FUNDS
145.940
183 1731
37,8331
A current year 12 months and prior year 12 months combined position is a8 follows..
Net
movement
In funds
Transfers
b8trveen
funds
At
31.12.23
At1.1.22
Unrestricted funds
Gen8ral fund
pcc
Bus Buddies
35.947
2,630
37,176
5.590
12,6301
34,463
78,713
34.4631
38,577
2,713
37,423
78.713
Restricted funds
pcc
Town Rider
PIVOT
CT Vehicle repl3¢ement fund
Big Lottery 8us Buddies
RCDF Welsh Governrnent
Lottery Take me Too
Volunteer Recruitment Campaign
PAVS Supporting Community Action Fund
WCVA Voluntary Setvices Grant
CTA Winter Pressure5
Learning Di88bility Innovation
Welsh Govemment Volunteering Pembs
Project
Postcode Lollery Grant
Motability Foundation
UK Shared Prosperity Fun
PCC ca￿r$ Transport Grant
21,308
12,070
4.670
6,051
12,344
13,763
85,276
17.0761
1331
6,653
18.17S
7,818
116,0751
12601
271
118,1501
111,8101
112,917}
4,941
16.0511
50
6,051
112,3941
119.8091
{38,9211
46.355
7,076
33
16,6531
17.9311
1381
110.2441
17,7801
1,002
13521
30,000
156,285
1741
6,343
650
30,000
156,285
1741
6,343
182,021
86,990
37,4231
231.588
TOTAL FUNDS
220.598
310,301
Page 17
continued...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTE5 TO THE FINANCIAL STATEMENTS- ￿ntinU0d
FOR THE YEAR ENDED 31 DECEMBER 2023
11.
MOVEMENT IN FUNDS . eontinued
A current year 12 month5 8nd prior y8ar 12 rnonth5 combin8d net tnovement in fund5, induded in the above a
as follows..
Incoming
resources
Resourc88
&xpend8d
Movement
in funds
Unrestricted fvnds
Gener81 fund
Bus Buddies
38,432
33
11,2561
37.176
34 4631
38,465
135,7521
2.713
Restricted funds
pcc
Town Rider
PIVOT
Big Lottery Bus 8uddles
RCDF Welsh Govemment
Lottery Take rne Too
CTA Winter Pressu￿$
Learning Disability Innovation
Welsh Govemment Volunteering P8mbs
Project
Postcode Lottery Grant
Motabilrty Foundation
UK Shared Prosperity Fund
PCC Carers Transport Grant
79,419
195.4941
12601
169.0221
112,3941
119,8091
1104,5781
110,2441
12,7771
116,0751
12601
271
112,3941
119,8091
138.9211
110,2441
17,7801
69,293
65,657
15,0031
13521
13521
30,000
156,285
1741
6,343
30.000
177.957
17,460
6.365
121,6721
117,5341
221
441,148
354,158
86.990
TOTAL FUNDS
479613
389.9101
89.703
Transfers be￿een funds
With the 8gre8m8nl Df funders. any remaining balance on proj8Ct wrnp58tion is moved Into our unrestricted
serves and used lo support PACTO'S genewl Cha￿table a¢livities In 2023, this included the following proj8cts'.
WCVA Voluntary Service5 Grant and CTA Winter Pressures.. In addition, with the agreernent of Pembrokeshire
unly Council, historic underspend of our core grant. Was designat8d, along with unrestricted funds, to continu8
the Bus Buddies seNlce after the end of the orvJinal grant funded project.
12.
EMPLOYEE BENEFIT OBLIGATIONS
The Charity contributes to a defined contribution pension scheme. The scheme zssets are h81d separately to
thos8 of the Charity in an ind&pendently adrninistered fund. The cost to th8 Charity amounted to £4,006 12022
£5.0981 of which £nil12022 £nill was outstanding at the year end.
13.
RELATED PARTY DISCLOSURES
The￿ were no ￿lated party transaetions for the year ended 31 December 2023.
Page 18
¢x)ntinuÈd...

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
NOTES TO THE FINANCIAL STATEMENTS . Contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
14.
MEMBER'S GUARANTEE
The chaiity is a private company limited by guarantee Consequently doe5 not have share capit81. The
liability of the rn8mb8rs in the event of liquidation is limi19d lo £10 p8r member.
Page 19

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
INCOME AND ENDOWMENTS
Donatlons and le9acles
Gifts
Donations
40
Other tradlng actlvltles
Grants
Training fee5
Project management f88
Consult8n¢y
Transfer ol fund5
311.692
17.039
2,325
129.455
12,338
200
3,075
33
331,056
145,101
Inv•strn8nt income
Deposit account interest
2,577
839
Totsl Incoming re$our¢es
333,673
145.940
EXPENDITURE
Charitable activities
Wage5
Pensions
Telephone
Postage and stationery
A(5vertssing
Sundries
Travel anij subsisten
Meetings
Subcontract trdnsport
Vehicle Fnaintenance
Training
Vehicle hire
Computer and intemet
IT Development
Recxuitment
Project management
Equipment purchases
Motor vehicles
104.458
4,006
2,438
103.898
5,098
2.104
515
2,267
301
9.403
1,370
12,095
665
236
723
3,862
4,228
15.233
1,216
8,260
573
1,911
340
2,028
23,275
114
20.010
18,925
3,448
5,997
13,812
200,493
178,955
Support eosts
Management
Trustees, expenses
Tru5tees' honorarium
Trustees. expens8S
Translation
Accounts
Insuranc8
Payroll and rnernbership
Sundry
Carriecs forward
174
540
525
256
85
2,078
2,489
1,514
854
13
5,584
13
4,707
This page does not form part of the statutory financial $ts18rnents
Pago 20

PEMBROKESHIRE ASSOCIATION OF COMMUNITY
TRANSPORT ORGANISATIONS
DETAILED STATEMENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31 DECEMBER 2023
2023
2022
Management
Brought forward
Bank charges
Consultancy fees
5,584
60
4,707
81
5,644
4,818
Total ￿oUrCeS expended
206.137
183.773
Net Incomellexpenditurel
127.536
This page does not fom part of the statutory financial ststements
Page 21