Chayity Registration No.. 1151445 G)uwany Regith'atioLI No.. CE000317 FA COMMLfNrrY TFANSPORT {A Charitsblc tncorporated Organisation) TRUSTEES, ANNUAL REPORT AND FINANCtAL STATEMEwrs FOR THE YEAR ENDED 3 1ST MARCH 2025
FACT COMMLfNITY TRANSPORT FfNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 CONTENTS: PAGE.. AdninL8trative Detaits Trustees, Report Independent Examinels Report Stal¢m¢nt of Finan¢ial A¢tiviti¢s BalgAce Sheet Slatem¢nl of Cash Flows Notes to the Financial Statemettts 9-16 Detaited tnctsrne and Exp¢nditure Acwuut 17
FAcf COMMUNITY TRANSPORT. PAGE I FtNANCtAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. TTS TRUSTEES AND ADVISORS TRUSTEES.. CcAmcillor R W&st Mr G Christy C(xmcillor C Bodcn C(w)cillor C Scaton CHARrrY NUMBER.. II51445 COMPANY NUMBER.. CEOIK)317 PRINCIPAL ADDRESS: 5 Martin Avenue March Cambs PE15 OAY tNDEPENDEKT EK4MfNER'. lan W Shipley FCCA Pr¢ntis & Co LLP Chartered Accowitants and Independent Examiners I l5c Milt[ Road C8mbridg¢ CB4 IXE BANKERS.. BalayS Bank Pl¢ l aLurc&ill Place IA)ndon E14 5HP SOLICITORS.. Kenneth Busb Solicitors I l New Conduit Street Kings Norfolk PE30 IDG
FAcf COMMUNITY TIL4NSPORT PAGB 2 FINANCIAL STATEMBNfs FOR THE YE4R ENDED 3 i&r MARCH 2025 TRUSTEES, REPORT The trustees present their report and financial statements for the year to 31st March 2025. The financial statements have been prepThl in accordancc with the accounting policies set out in note I to the f511aii¢ial SEat¢ments and comply with the charity's governing document. the Ch8rities Aci 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a=counts in iccordance with Ihe Financial Reporting Standard applicable in the UK and Republtc of Irel}d (FRS 102) (effective l January 20191" OBJEcfivES AIID AC'fIvITtES The charity's objects are to provkde Dial a Ride services in the FenlatLd. Hwjtingdonshire and EBSt Cambridgeshire area8 for people who find it difficult or irnpo&8ible to use conventional modes of transw)rt either through mobility difficulties or a lack of a¢cess to transport. To provide Group Hire services lo voluntary and non-pTh)fit making groups. To assist local authorit&es and other such bodi¢s itt the exe¢utii>n of trpOrt services for the benefit of the Community. The policies adopted in the rthern¢t of thwe objects are to continue advertising our services and speak to othcr organisations that could signpost our Services to those in need and there 4a5 been Do ¢hange in these during the pei'iod. The charity also provides non-transport service4 e.g. Ethiendin8, social isolation. community fridge, lood banks. etc. The trustees have paid due reg to guidance issued by the Charity Commission in deciding what activities the charity should utLdertake. ACHIEVEMENfs. PERFORMANCE AND FUTURE PLANS Dui'ing th¢ year, FACT continued to deliver vital community transport services acix)5s Fenland and surrouoding are. despits operational chdlenges and changing ¢ontrAct landscapes. Passenger numbcrs grew steadily on core mute5, particularly Route 33A following the compl¢¢ion of March Town regeneration works. Thi5 service extsnded to June 2025, and a tender for the next contract has i¢en submitted. While new initiativcs such as the Manea-chatteris and Parsons Drove shuttle services were laLnched, uptske has been low, and their sustainability will be reviewed irL 2025. FACT successfully secured three new school transport Contracts in September 2024, generating additional itLcome and slr¢ngthcning seivice orovi5ion. Enagement with Cambridgeshire County Council regarding day ¢entre tran5pY)rt reNiain5 positive, with opportunities for future tenders. Howcver, the long-standing West An(ylia Crossroads contract ended in M8r¢h 2025 due to fvndiEkE withdrawal. Funding retna:.ned a pliority Ihmughout the year. Tr.e organisation filly utilised Seed ndIng and rndIng receivcd through the Older People Social Inclusion grant. Funding applications were Submitted lor Movetnmt for G(K)d and Postcode Places Trust funding. Bus Service 0ratOrS Grants IBSOG) claims were pmcessed. aTLd conLessionary fare reimbui'sements confirtned for 2025126. Flcet managtment 8nd COEnplian¢e weiE strengthened with renew insw2nc4 clcctrical safety improvements. and discussions for additional leased vehicles to m¢e¢ growing demand. A proposal for bus trackcrs is under consideration to improve efficiency and customer communication. ComTnullity ¢ngagcm¢rtt was sEroll& with FACT attending Golden Age Fayr¢s. local coffee mornings. and hosting work experience pl[nen Ch&llenges includ¢d low patroriage on sotne routes, ongoing roadworks, and Tn]Etment pressu5. which were m.itigated through new dt'iver appointments and volunteer engageent. Overall, FAcf reinains wmmitted to enhanciTJg accessibility and supporting vulnerable communities through su5tsinable trdnsport solutii)n5. PLANS FOR TtIE FUTURE The plans Eor the future ar¢ to reach more isolated members of our cotrununities to help CA)mbat loneSine55 and help wellbeing and obtain relevant fundtng opportunities to supwrt this work
FACI. COMMUNLTY TRANSPORT PAGE 3 FtNANCIAL STATEMBwfs FOR THE YEAR ENDED 31 ST NIARCH 2025 TRusfEES' REPORT .....IcontirLued FINANCL4L REVIBW The ch&ritVs total income was £872,174 (2024: £685,411), its total ¢xpenditure was £884.506 (2024: £764,597). IvIng a deficit of £12,332 <2024: £79,186). Thc trustees are putting in pla¢e wst tEduction and inconie generatiiig policies in an attempt to rev¢rse the defi¢it. At the year end total reserves were £1.034.703 (2024- £1,047.035) of which £58.411 (2024: £114.775) were Stricted, £976.292 (2024.. £932.260) were unrestricted and £143,764 (2024: £75,480) considered as free reserves. The charity does not hold any investments and surplus is held in iThter&st Ft4rinE deposit accounts. RISK POLICY The trustees have assessed the major risks to which the charity is ¢xt%)sed and are satisfied that systems in place to mitigate exposurc to major risks. RESERVES POLICY Il is th¢ policy of the charity that unrestTiCted fjjnds which have not been d¢s:gnaled for a 5pe¢ific usc should be maintained al a level ¢quivalcn¢ to between three and six months, expenditure. The trustees consider that reserves at this level will ensure th&1, in the event of a Significant drop in fijnding, they will be able to contiiiue the charity's current activitie5 while consideration is given to ways in which additional funds may be raised. This level of SerVeS has Ixen maint*ined throughout th¢ perlod. SI'RUCTURE, GOVERNANCE AND MANAGEME 'rhe ¢ELarity is a charitable ip.corporated organisation registercd with the Charities Commission on 28th March 2013. The trustees who served during the period and up to the date of 5ignalure of the financial statements were: Couneillor R West Mr G Christy Councillor C Boden Councillor C Seaton TTU8tees are iEcruited through recommendations and app)inted following interview and trustee approval. None of the trustees has any beneficial intcrest in the compgny. All olthe truste are members of the company and guarantee to contribute £1 in the event of a winding up. The chilY is overs¢ell by a Board of TnteeS who arc suptM)rted by.- Workshop Man&ger Finance Nlanager Hub Coordinator Transport Man8ger Service Coordinators Seivi¢es Manager Driver TrainerlAssessors Drivers Remuneration of key management 18 set by the tnjstees &fter tsking into 8c£ount such factoi% similar comparable roles in other organis8tions, experience, skills and wider considerntiorL such as Iwal Sts of living.
l-.AC~r t'ONIK.11.'N'll'l I"IiANSPOR T lTrlNAN('l..i1. s'fAI'F.%II--XTS FOR 'riii-. I'r.AR I.-NIDP.I? J 1ST 41.4RCII ?iI?J 'I'kll%'l'l.'I'.S' Rl--lY)iir l¢ffjiinuL %'I'A'I'I:'KFI:'NI' 01. INIISI'I-'I".%' RLSIJ()N411111.1-J-11.- ufihi stslL iil'alldits Dfihe ¢h&ril> and iil-lhe or dclllit of ihc chtsrii) Ir>r Ili#i sc&r. In p,ri)lL il?(i%c Ilyoncial 5talLmLt& ih¢'l-nLllixs arc rwuire¢J to-. (41 grlcL suslahli x¢ouniiny rMAiLi¥¥ dnd IhLM tIK'ni thi%is1LlIj. hi VwkL JU&Ln)eat% #Trd csiimdlN"s L4at JrL rc&s1)nuhlL and pnMILnl'. (¢1 IIrLtC lh¢ finwiLial atCrnLnls on * 8QlnB CIHJCLTh I¥LSiS unl$ il is irnppn)prtatL Ici w¢sume iliui th¢ CthuiilN IVFII Idi whthlikr the 11(1¢$ a41opted ar¥. IA a¢conLwce v4.iih ihc (Iwriii15 Aci 2011 and li i(h wplirknk aLwuniinB ststulaTts and SfJtenKiiis OfReLxMnm¢JLd Prx"tiLY. y4bieeÈ to Nndl¢rta1''1¥1f¢ di14TSLQ ad eN>lai¥] iii th¢ IttsonLi¥I sl#tettiinL<: {cl DhsLrnW IIT¢ mi't]M%ls atsd wineiplesolthc Cl)iilies WRP. n)¢ TNsiLts ayk. tL¥K)n¥iblL for kc¢pinu LYi4Kr lIulit1rt&l iihich iv51h rt4¢thubli ui£urney al yti> tsmv ilw. firilftLidl wsili1 ofthe Gh{(> and iltsi IltL linanLidl 4thLYIIL'iIISLiJmpl) m.ith thL (7T111$ lThi'lh&l¢L llrL' al.w rL•.%rxThIh1L fix $ofLswr4ling IhL 955Ct% ordi¢ ¢hurii)'. Ènd hLicc for tsking rliable for ih 'Thi. IrustL'L5 WREITM thci liaNc io Bui¢JJnLC (ntaIned ihL ('IMril!- C's)nms55iim'.% gLYILYJI gui(lafici' ¢ Trus1ecs' i¥as by the BIKbnJ i)r'i'rusw* 'fRI ES'n:.l."
FACT COMNfUNITY TRANSPORT PAGE 5 FtNANCIAL sTATENTs FOR THE YEAR ENDED 31ST MARCH 2025 INDEPENDENT EXAMINER'S REPORT TO THE TrUSTEES OF FAcf COMMUNrrY TRANSPORT I report to the Trust¢e8 on my examination of tbe accounts of FAcf cOmV1tY Trdnsport Cbaritable tncrryorated orgenisats'on ('the CIO'I for th¢ y¢ar ended 31st March 2025. RESPONStBILETtES AND BASIS OF REPORT As thc Trustees of the CIO you are responsibl¢ for th¢ preparation of the acc4JUllts ill accordance with the requirem¢nts of the Charitics Act 2011 ('the ACV). I report in rcspccl of my examillatii)n of IELe CIO'5 accounts carried out under section 145 of the 2011 Act and in carr>ing out my ¢xamination I havc followed the applicable dTrectiotLS given by the Charity Commission ullder section 145(5)(b) of tbe Act. INDEPENDENT EL4MfNER'S STATEMENT Since the companls gro&% irLcome exceeded £250.IKIO your examiner tnust be a metnber of a b(KLy libted in section 145of the 201 l Act. I Confir that l quali6cd to undcrtake the examinati(Trtt because l am a member of the Association of CEwteTed Certified Aceount8nts which is one of the listed bLes. I have completed my examiJ)ation, I confirm that no material DtterS have come lo my attention in cottnwtioll witb the examination giving me Ixuse lob¢li¢ve that ID any material r&8pecL" ac¢ounting records were not kw as requir¢d by se¢tion 130 of the Affj or the a¢¢ouuts do not accord with thos¢ Te¢ord%' or tho accounts do not comply the applicabl¢ requiTfflnents concerning the form and conl¢nl of accounts set out . aw)UDls give a in the Charities (Accoullts atld Rq)0rts) R¢gulati¢xL$ 2008 other than any requirement that th- trne and fair view whtth is not a matter considcrcd as a part of an independent examination. (2} (3) I have no concerrts and hav¢ come across no other EtLqtters in connection with thc cXaMitiOr to which attenli<)n should be draw in thts repott. to enable a proper understanding of the accounts to bc reached. IAN W SHIPLEY FCCA FOR AND ON BEHALF OF PRENTIS & CO LLP CHAIiTERED ACCOUWtAWTS & tNDEPENDENT EXAMINERS 115e Milton Road Cambridge
FACT COMMUNITY TRANSPORT PAGE 6 FtNANCIAL sfATEMBNfs FOR THE YEAR ENDED 3 1ST MARCH 2025 STATEMEwf OF FINANCIAL ACTIVITIES Restricted Unrestiicted Funds Funds 31st 31st March 2025 Totsl Funds 31st March 2025 Re8tri¢t¢d Unre51ri¢ted Total Funds Fund5 Funds 31st 31st 31st March arch M8rLh 2024 2024 2024 2025 Notes INCOME AND ENDOWMBNrs: Donations and legacies Charitable activities Other income 4,544 796,508 4,544 837,630 30,000 4,691 592,895 8,000 4.691 657,720 23,(K) 41.122 30.000 64.825 15,(XlO TOTAL INCOME 71,122 801.052 872,174 79.825 605.586 685,411 EXPENDITURE: Charitable activities 127.486 757.020 884,506 98,537 666,060 764,597 NET INCOME FOR THE YEAR Net movement in ndS (56,364) 44.032 (12,332) (18.712) (60,474) (79.186) Fund balance5 at 1st April FurLd balance8 at 31gt MarcEL 114.775 931260 1.047,035 133.487 992.734 1.126,221 17 58,411 976.292 .034,703 114,775 932,260 1,047.035 The Statement of Financial Activities includes all gains and10&ses recolSed in the period. All iiicome )d cxpcnditurG dcrivc from oontinuing octivities. lTre note5 on p&g¢s 9 to 16 form part of these financial statements.
I'.AI_I' C'(>MKIU%41-rY 'rRAN%POk'r
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31st 14ar¢h
20*5
31sL Nlarbth
rtXi.:l) ASSF.TS
Tanaiblc w5e
10
8i2.528
856.7¥1J
CUKIUNI. ASSF.I-4
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C'dsh ai hank and in Iwn
151.014
84.788
1?0,675
101.125
235.110?
221.80U
C're(It1($-. JmL7Ullts flin¥ Lkne within
or¢ey¢ur
(33.6271
(31.5451
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202.175
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Ttrt¥l les5eurr¢AI liabililies
1.034.701
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'lThc Ix)1¢5 on pagm) Iifthese flnatteral stfklcnl.
FAcf COMMUNITY TRANSPORT PAGE 8 FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAiiCH 2025 STATEMENT OF CASH FLOWS 2025 Total 2024 Totsl Note Net eash uged In operatlng activities 14 (16,337) (94,931> CAsh floTrvs form investing actAvltle$: Purchase of fix¢it assets Sale of fixed assets (579) 8,000 Net cash provided by ljjvestlog aetivities 7.421 Change in cash and cash equivaleDts in the ar Casb and casb equivalcnts al the bewg of th¢ r¢porting period Cash ad cash cquivalents at the end of the reporting ycar (16,337) {87,510) 101,125 188,635 84,788 101, 125
FACT COMMUNITY TRANSPORT PAGE 9 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MAIiCH 2025 NOTES TO THE FINANCIAL STATEMENTS ACCOUNTJNG POLICIES CHARJfY INFORMATtON FAcf CortununilyTranspc*t ts a charitable incorporated organisation registered with the Cbarity Collullission on 28th lar¢ 2013. ACCOUNTING CONVENTION The fmancial stateMts have beeu prepared in accordance with the chlty5 governing dwument, the Charities A¢t 2011 and "Accounting al Reporting by Charitie5". Statemellt of Re1Mended 'actice applicable to ctsarities preparing therr accoLLllts in accordallce witb the Financial Reportiiig St8ndard applicable iti thc tJK and Republic of Ireland (FRS 102) (effective lrt January 2019)" The Charity is i Public Benefit Elltity &s deFJned by FRS 102. The On8n¢iai State¢tS arc prcparcd in Sterli which is the functional CUTrnCy of the charity. Monetary atnounts in th¢ fillanciaL statements munded ts) the neartst £ The financial statements have be¢n prepared und¢r the hist¢yicai cost convention, m(yJificd to include the revaluation of freeSold properties and to illclud¢ investment properties and certain financial 1rLStrurynls al fair vaEue. The principal accounting policies adopted are set out below. GofNG CONCERN The filletaI statenents have been prepared on a going CCern basis. The a¢tiviries of &ssociated charities w¢re merged at the beginni of the last financial peri(xl and proved to be financially belleficial. Note 19 refer8 lo a ctIngent iiabiIity. The t consider the crystalEisation of tbis liability as it cUentlY stands a remote po&<ibility. If it did crystallis¢ wi)itst it would impact on tthe operation of tlle charity. th¢ tTUStees at the date of Silg ¢onsid¢r the charity would remain a going concern. CHARtT ABLE FUNDS Unrestricted funds are available for use at the discretion of the trustees in fi]rtherance of their charttable objectives. Resiri¢t¢d fflS are Sb)eCt to specific condit:otLS by dIorS as to how they may be used. The purtKTrses and uses of tlle restri¢t¢d fLllds are set out in the Dotes to the fLnancial statements. EloWelltS funds are subject to Splf1¢ ¢onditions by donots that the Capital mt be maiDtaitLed by the charity. tNCOME Income is recognised when the charity is legally enfitled to it atter any perforn]ance conditions have been met, the amoutLts can be Measured reliably. it is probabl¢ that tncome will be r¢¢¢ived. Cash donations arc recognised on receipt. Other donations are reco8nised once the Charity has be¢ notified of thc donati(m, unless perfonnanee conditions require deferr&l of the amount. Income tax recA)v¢rable in relation to donations received under Gift Aid OT decds of covenant is recolSL at thc litne of th¢ dotiation. Legacies are reCols¢d on elpt or otherwise if the charity bas been llotified of an impeiiding distribution, the amount is knoThTr, and receipt is expected. If the amount is known, the legacy is treed as a contitkgent 8sset.
FACT COMMUNITY TRANSPORT PAGE LO FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAtiCH 2025 NOTES TO THE FINANCIAL STATEMEKrs EXPENDITLryiE Policy for recognition of liabiliti¢s is as SI &s there is a legal or constructive d¥liBation cA)I)lttitig the Charity lo expenditure. Recognition of the costs of generating funds is ¢)n all &¢CnlS basi& excluding VAT. Charitable exp¢nditur¢ comprises costs incu by the clwity in the delivery of its activities and service5 for its beneficiari. Governance costs include those costs associated with m¢¢ting th¢ constitutional and statslory requirements of the Glty and inclwled audii fees and ¢osts linked to the strategic management of the cbarity. TANGIBLE FIXED ASSETS Tangible red assets aT¢ initially measured at ¢os¢ and subsequently tneasured at co valuation, nct of d¢preciation and any impaiment losses. Those individua15y costing £1,000 or more ar¢ capitatised at cost. Depr¢¢iation is iecognised so as to ILte off the cost or valuation of ass¢ts less their residual values ov their usefvI lives c)n the following ba5es'. Plant and ¢quipment Fixtures and fittings Computer equipment Motor vehicles iAnd and buildings 250h rediicing balatL¢e 250A reducing balarLC¢ 33% reducing balance 31V/. reducing balance 2Vo Teducing ballee (tand is not depreciat¢dl The gain or loss Lsing on thc disposal of au asfcl is determined as the difference between the s&le proceeds arLd the carying valuc of thc as5¢( and i5 rwognised iti net incomel(expenditure) for period. IMPAifiMEKf OF FIXED ASSETS Al each r¢porting end date, the clwity ftviews the carryi1 amounts of its tangible a&se15 to determiiie whether there is any indication that those assets have suffered an impairn]ent loss. If any wch indicati(Trn exists, &e recovernble amount of the ass¢t rs ¢stimat&l in order to detemmne tbe extent of the impairnient 10&5 {if any). CASH AND CASH EQUtVALEWts Cash aod cash eqllivaleryts include cash in band. deposits held call wryth banks, other s&ort-t¢m liquid iDvebrtmCDts witli (riginal tJ21urities of three nu)nths ¢x le&s and bank overdrdtts. Ballk overdrafts are siiown within 0wItlgS ic CuCnt liabilitscs. FtNANCIAL 1NSTRUfvNTs The charity has elected to apply tbe provisions of Section I I Wasic FIllanci Inruments' and Se¢tiw 12 Other Financial tnstruments of FRS 102 to all its financial instrumcnts. Financial instrninents are reCOld ill the chariws balan¢e sheet vALell the charity beLomes party to the Contractu provision of th¢ instrument. Financial assets and liabilities are oftseL with the net anwunts presrnted in the finwieial slatements, wlien thert is a legaLty enforceable right lo set off the recognised amounts and there is inlenrion to settle on a net basis or lo re41ise the a&qel and settle the liability Simultane(KlY.
FACT COMMUNITY TRANSPORT PAGEII FINANCIAL sfATEMEwfs FOR THE YEAR ENDED 31sr MARCH 2025 NOTES TO THE FtNANCIAL STA.rEbrrs BASIC FINANCIAL ASSETS Basic fin&ncial assets, which include debtors and and bank ba18nc¢& atT InitilY mtasured at transaction price includin8 transaction costs and are subsequ¢ntiy carried at amort15cd c05t Using the effective interest method unless the arrangcm¢nt Constitutes a financing transaction, where the transaction iy measured at tb.e present value of the ture receipts discountcd at a markeL rALe of interest. Financial assets classified as receivable within one year are not amortised. BASIC FINANCIAL LtABILITIES Basic financial Itabilities, including creditors and bank loans are initially recogrtised at trary5aCtion price nless the w'rangement constLtuies e fLnancin8 transaciion, where th¢ debt instrLment is mea5Jred at the present v&lue of the future payments diso)unt¢d al a market rate of interesc. Fin8ncial liabilities cla55ified L8 payable within one year are not amortised. Debt in5trumettls are subsequently carried at amortised costs, using the effective interest rate method. Trade creditors are obligatiorLS to pay for good8 or sctvi¢es that have been aaiuired in the ordinary course of operations fro. SLEppliers. AnT.ounts payable are classified as current liabilities if payment is du¢ witliin one }'ear or less. If noi, they 8re presented as non-current liabiliti&s. Trade creditors are recognised initially at ti?nsaction pric¢ and subsequently measured at amortised cost using tILe e(fective interest method. DERECOGNfFION OF FINANCIAL LIABILITIES Financial liabilities are dereco&iised when the charitys contr&duai obligations expire or are discharged or cancelled. i.lo, BMPLOYEE BENEFITS The ¢tsst of any ULIU5ed holiday entit[emt is recogrused in the Friod in which the einployee's servi¢¢s are received. Terininalion benefits are recognised immediately Js aji expense when the charity is demonstrably committed to terminate the employment of an employee or to provide tetmination benefits. RETIREMENT BENEFITS Payments to defined contribution retirement beneftt schemes. are Charged as an expense &s they fall due. CIUIICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the applicatton of the ohlS accounting tK>licies, the trustees 8re required to mrlke judgements, cstiTnates and &%sumptions about the carrying amount of assets 2nd liibilities that are not readily apparent from other sources. The estimales and associated aFsuinptioiis 'C based on historical experieo¢e and othcr factors that are considered to be relevant. Actual rcsults may differ from the estimata%. Tbe esiitrEates and underlying a55UTllPtions are reviewed on an ongoing basis. Revisions to accounting estimates recoglliscd in the period in which the estimate is revised whei'e the revisioii affects only that periiKI, or in the period of the revÈsion and future txrtod5 where the revision affects EK>th current and future periods. DONATIONS AND LEGAcs Restricted Unrestrict Funds Funds 2025 2025 Total RestrIcd Unir51ricled Funds Funds Funds 2025 2024 2024 I'otal Funds 2024 Donations and gifts 4,544 4.544 4,691 4.691
FAcf COMMUNITY TRANSPORT PAGE 12 FNANCIAL STATErs FOR THE YL4R ENDED 31ST MARCH 2025 NOTES TO THE FfNANCIAL STATEMENTS CHARITABLE ACTIVITIES Restricted Unrestricted Funds Funds 2025 2025 Totsl Restricted Unrestrictcd Funds Funds Funds 2025 2024 2024 Total Funds 2024 Comrnunity Transport Community Hub 796,508 796.508 41.122 592,895 592,895 64.825 41.122 64,825 41,L22 796.508 837,630 64.825 592,895 657,720 (yrHER INCOME R&stricted Unrestricted Funds Funds 202) 2025 Tota] Restricted UnTestri¢t¢d Funds Fund5 Funds 2025 2024 2024 Tolai Funds 2024 Pro¢e¢ds on d15FX)5 of motor vehicles C&re Together Seed Funding Education Passaiger Transl Team 8,(K)O 8,0(10 15,000 15,000 30,000 30,000 30,000 30.000 15,000 8,0(K) 23,000 CHARrrABLE ACTtVITIES Restricted Unrestricted Funds Funds 2025 2025 Total Re5tii¢tsd Unrestricted Funds Fuiids Funds 2025 2024 2024 Total Funds 2024 tbn&tions (to Ukraine) Staff costs Dcprcc&ation and impaiTment Vehicle hire Vehi¢le running costs Community Hub and dcpreciatiots of Hub &ss¢ts 204 34,656 204 407,940 28,846 126,844 122242 69.535 418,212 23.304 131.645 123,946 487.747 23J04 144,145 155.101 373,284 28,846 115,844 97,687 12.5 31.155 i 1,000 24,555 14.296 14,296 28,122 28,122 127,486 697.107 37.551 22,362 824,593 37.551 22,362 98.537 615.661 29,649 20,750 714,198 29,649 20,750 Shar¢ of SLlPPOrt Costs (note 7) Share of governancc c05ts (note 7) 127,486 757,020 884.506 98.537 666,060 764,597
FACT COMMUNITY TRANSPORT PAGE 13 FINANCIAL STATEMENfs FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THB FINANCIAL STATEMENTS SUPPORT COSTS Support Governonce ctS Costs Total 2025 Suppixt Governance Costs Costs rotal 2024 Rent Rates LigbL heat and power Insurance R¢patrs and renewaLs Telepb(ne and fax Computer softwaff and nLtenance Prinlitig, postage and stationery Sundry cxpcnses Bank charges AdvertisÈng and bsCriptiOnS Accountancy tegryl alld professional 520 2.512 6.363 9.887 5,906 1,515 2,703 3.335 2,937 1.553 320 520 2,512 6,363 9.887 5.906 1.515 2.703 3.335 2.937 ,553 320 15.800 6,562 520 1467 5,127 3,847 1.648 1280 3,258 5,850 3,645 1,583 424 520 2,467 5,127 3,847 I,fi48 1.280 3,258 5,850 3,645 1.583 424 14.790 5.960 15.800 6.562 14,790 5,960 37.551 22,362 59,913 29,649 20.750 50,399 TRUSTEES None o,. the trvstecs {or an persons cojmeeted with them) received anyrenwnerntion or benefits from th¢ charity during the Peri. See also note 13. EMPLOYEES Y¢ar Year ellded ended 31st Marc.rL 31st March 2025 2024 31 29 Number of employees The average monthly Un)ber of employees during the period was: Employtllellt costs 2025 2024 Wag¢s and sataries Social s¢¢urity costs Pension conttibulions Other siaff costs 459.503 22.042 6,202 385,986 15,198 4,484 2,272 487,747 41YI,940 No etDployees bad emoluments in exc& of £60,10 (2024: none) io. TANGIBLE FtXED ASSETS CURRENf YEAR Land and Plant and Fixtures and Compulcr Molor Buildings Equipment Fittings EqUip]Crt Vchieles Total COST At Ist April 2024 and at 31 March 2025 855,OfX) 22.988 16,202 5,124 150,179 1,049,493 DEPRECIATION At 1st April 2024 Charge 45,046 10,589 20.(H2 736 11,075 1,282 4,479 213 112,071 11,432 192,713 24,252 At 31st fvlarch 2025 55,635 20,778 12,357 4,692 123,503 216,965 NET BOOK VALUE At 3 1st N4arch 2025 799.365 2,210 3.845 432 26,676 832,528
FAcf COMMUNITY TRANSPORT PAGE 14 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2025 NOTES TO THE FINANCIAL STATEMEPryS io. TANGIBLE FIXED ASSETS PIitOR YL4R COST At 1st April 2023 Additions Plant and Buildings Equipment Fixthres and Computer Motor Firtings Equipment Vehicles Total 855.(100 22.988 16,202 4,545 579 150,179 1,048,914 579 At 31 March 2(r24 855,000 22,988 16.202 5,124 150.179 1,049,493 DEPRECIATION At 1st Aptil 2023 Charge 34.241 10.805 19.Q60 982 9,366 1,709 4,162 317 95,737 16,334 162,566 30,147 At 315t March 2024 45,046 20.042 11.075 4,479 112,071 192,713 NET BOOK VALUE Al 3 1st March 2024 809.954 2,946 5,[27 645 38,108 856.780 DEBTORS Amounts fallin£ due within one year Ti'ade debtO:5 VAT accoijnt Prepayments and accrued income 2025 2024 98.722 5.243 47,049 64,012 7,565 49.098 151,014 120,675 12. CREDITORS: Amounts falling due within one year Trnde creditors OLher taxation and so¢ial security OÈher crcditors Accrua]5 attd defenrd income 2025 2Q24 2l.899 6.716 1.112 3,900 17,094 7,266 3,285 3,900 33,627 31.545 13, RELATED PARTY TRANSACTION Trustee re1mbueMents for charithble expendiwr¢ of£4.959 were paid during the financial PEriod (£9.871: 2024) 14. RECONCtLIATION OF INCOMING RESOURCES TO NEf CASH FLOW FROM OPERATING AcrtVlTtES 2025 2024 Net rnovement in funds Adjustments for.. Depreciation and (profityloss on disposal Increase in dcbtors Increa5el(de¢rea5e) in creditors (12.3321 (79,186) 24,252 ?.2,147 {30,339} 125,653) 2,082 Il2,239) (16,337) 194,931)
FAC[ COMMUNITY TRANSPORT PAGE 15 FINANCIAL STATEMENfs FOR THE YEAR ENDED 31ST MARCH 2025 NOTES TO THE FANCIAL STATEM8Nrs 15. OPERATING IEASE COMMITMENrs 2025 2024 The following operating lease payments e committed to be paid: Total committn¢nts 551,816 87,976 These retste to the le&8es of mini bw committed to OD 4 2Lf25 for 4 ycars. 16. ANALYSIS OF NET ASSEIS BETvEN FUNDS YEAR TO 3 1ST MARCH 2025 Restricted Unrestricted Fun& Funds 2025 2025 Totsl Fund8 2025 Fiyed asscts Current assets Creditors within one year 2,642 55.769 829,886 832,528 180,033 235,802 (33,627) (33,627) 976292 1,034.703 58,411 Restricted Unrestricted Tota] Funds Funds Funds 2024 2024 2024 YEAR TO 31ST MARCH 21f24 Fixed a55ets Current a56ets Creditors due within one year 3,$90 853,190 856.78Q 113,063 108,737 221,800 (1.878) (29,667) (31.545) 114.775 932260 1,047.035 17. STATEMENf OF FUNDS YEAR ENDED 3 1ST MARCH 2025 Unrc5tri¢tcd funds General Funds- all funds Brought Forward Canied Income Expenditure Forward 932260 801.052 (757.020) 976,292 ReslJicted fjjnds Community Hub Shuttle Services Cambridgcthirc County Coullcil (Sociat Inclusion TT8mspon Gr8nts) National Lottery Cambridgthire County Council (Care Together Seed Funding) Totai rcstrictcd funds 63293 31,087 41,122 (75,603) (20,718) 28.812 10,369 30.000 {15,535) {93 8) {14,692) 14,465 4,765 5,703 14,692 114.775 71.122 {127.486) 58,411 Total funds 1.047,035 871174 (884,506) 1,034,703 Brought CarTied Forward l]vJme Exp¢nditJJrc Forward YEAR ENDED 3 Isr MARCH 2024 Unrestricted funds General Funds- all funds 992.734 605,586 (666,060) 932.260 Restrictcd funds Comfftunity Hub Shuttle Services Ukraine donations Clarion Nationa] lthery Can)bridgeshire County Councffil (Care Togethcr Secd Funding) Total restricted funds 62.g)3 50,472 204 14,205 5.703 64,825 (64,433) (19.385) 1204) (14.205) 63.293 3 l.087 5.703 14.69? 15,000 (308) (98.537) 133.487 79,825 114,775 Total funds 1,126221 685.411 {764,597) 1,047,035
FACT COMMUNITY TRANSPORT PAGE 16 FfNANCIAL STAIEMENfs FOR THE YEARENDED 31ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS STATEMENf OF FUNDS {cowr]NUED.............. SHurrtE SERVICES Ttsis f(mdillg has been proNryded for the providillg of shuttle services between destinations Sn local area8. This wa8 initially knded by lh¢ Chatt¢ris Town Council. CAMBRtDGESHtRE COUNrY coirNciL (CARE TOGETHER SEED FUNDING) Thcse funds have been awarded to support ¢xistTng successful 1ltieS exp8nd into new aT. This includes the Ci)mmullity Hub and comnty Transport SeTViKS. CAfvIBPJDGESHUtE COUNfY COUNCIL (SOCIAL INCLUSION IFANSPORT GRANrs) These funds hal'e been obtsined to provide d&y trips for over 6Ss in F¢nl¥n¢J and work 1th Fenland District Council to deliver a trallsport service for the nLik8t vulneTable adult4 covering the ggraphiCal area itL Fenland for older adults. COMMUNITY HUB AND NATIONAL LOTTERY Thes¢ grants were a)ntribuÉing to our variou5 warni Sp88 and community hub4 providing much need¢d daytime shelter ond social ¢nvironment to elderlyj lonely and disadvattsged10¢81 reyide]ts. 18. COFtrINGENT LIABILITY There is a remote possibilitv that a potenttal liability incurred by a edecSor organisation nwy be attributable to FAcf Community Traiw)orL This is in connecttiyn with funding received Frf)S5ibly breaching state aid rul¢s. TheTe is CA)nsiderdble uncertainty as to the amount illvolved and the legal basis for the liabi]ity and ther¢for¢ no provÉ8iOn teen iticlud&l in th¢ firjancial statements at the date of signi