WELSH BORDER COMMUNITY TRANSPORT
A CHARITABLE INCORPORATED ORGANISATION ANNUAL REPORT
AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Cliarity registration iiumber 1169910

WELSH BORDER COMMUNITY TRANSPOR T
LEGAL AND ADMD41STRA TIVE INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024
Trustee5
Mr C Bolton
Ivtrs C D Evaiis (Chair)
Couiicillor V Gay
Mr M Harris
Mr G Hayes
frs L Mellor
Mr R Peters
Mt A Woolley
Mrs PA E Woolley
Ms. Saiidra I)01108liue
(Deceased Nov 2024)
(Appoiiited 2024)
Charity llumber
1169910
Principul ￿ddresS
Toivn Couiicil Building
The Cyoss
Mold Road
Buckley
Flintsliire
Independenl ex4inlner
Ai)J)eiii8rie Ivey BS¢ ACA
Atk'inson Accounts
12 Mold Road
Buckley
Fliiitsjiire
CH7 2JB

WELSH BORDER COMMUNITY TRANSPORT
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Pfige
Tn]stees' r¢port
Jiidependent exaiiii]ieVs report
Stalen)¢iit of fllian¢illl ac(iv&li¢s
Balaiice sheet
Notes to th¢ f￿anCIal stateineiits
7-14

WELSH BORDER COMMUNITY TRANSPOR T
TRUSTEES'REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Tl)e trustees pr¢s¢nl Il)¢ir aimiwl report ai)d fll)ai)cial slateRnents for tl)e year ei)ded 31 Deeeniber 2024.
Tl)e fii)anci<?I statemeiils liave beeii prepared iti accord￿)ce ividi t]ie accoilllting policies set oiil li) i)ole I lo Ili¢ finan¢ial
staleiiients atid coinply ivit]) tl)e cliarity's goveniuig do¢unient. the Charities Act 2011 and"A¢coiiiiliiig aiid Reportiiig by
Charities.. Stateiiieiit of Recoii)nieiided Prgctsce applicabl¢ to ¢harili¢s pr¢p8rii)g tli¢ir u¢¢ouiils in 8c¢oidance ivith the Fll)an¢ial
Reporting Stsiidard &ppli¢abl¢ i]1 tlie UK aiid Republic of Ireland {FRS 102) (effective l Jaiiuary 2019)"
Objectives aild Actiyities
W¢lsh Border Coii)muiiity Trai)sport {WBCT) has iioiy been esthblislied for 34 years bellig sel lip originally in 1991. Our
sfated ai]n thei) as il 1$ noiv is lo provide oi) deit)and, alTordable and accessible trai)sporl services for elderly aiid or disabled
ll)dividua15 or resideiits iviili addilioilal iieeds t]￿)ug1)017t the County ofFluitsliire.
Workii)g for tlie bei)efit of individiials, organisatioiis aiid other ¢onllnuiiity groiips. people who are al risk of social isolalioii,
lliequality of traiiswrt oppojliuiilies, helpii)g to ullprove tiiental liealth througl) iiiclusioii aiid a ratig¢ of factor5 or noi)-specilic
need. We eiiable l(Kal groups and orgw)isalions lo b¢iiefil froin loiv ¢osL depeiidable tiansporl services for &ndividiials ivho
l)ave additioi)al need 01 belaiise Iliey are al risk due to loiieliiiess, disability, illi)ess, bellig elderly or liviiig iji isolclted areas
Ivhere tiiere are iio lldeqiiate public lrniisport facilities. Oiir main activities are tailored lo the ivell-being of d)ose people
tiiat iise our $ervic¢s. namely ittedi¢al appollitsi)eiits, social and liiiicl) clubs, liclirdressels appointsiients, visituig loved oi)es
id social acts'vities in general. Tl)es¢ a¢livilies pies¢i)t individua15 who are isolated the opportilliity lo socialise, protnotuig
Ivellbellig opportunities and provisioning. This represeiats approxinmtely 620/0 ofjounieys undertakeii by WBCT.
Ali iinportanl s¢rvi¢¢ WBCT op¢r81¢s are the nuinero(Is "sliopper" groiip5. conveying persons froill sheliered resideiitial
liousii)g or village areas offerijig a door-to-door servi¢e and ac¢ouiiling for approxllnalely 35 % of all journeys.
WBCT Future PIRn5
Welsli Border I￿ve Ét loiig liistory ofretauiijig slaffover niw)v years howev¢r as tsnie p8sses on Ilie staff are aging so a succession
plan 1$ beii)g fonnulaled diiring 2025 and into 2026. Firstly ll)e Manager ivl)o will reach stale relirenieEil age iii early 2026 is
looking lo l)ave a trained aiid lip lo speed replacenient lo eiisiwe a sInooth cliaiige over ivheii the tin)e oCci￿S polei)tially. Folloivi118
thi$ in the next feiv y¢ars m051 of the slaff ivho a]r in iheir early sixties or approachiiig that age Inay retire or leave diie to ill
healt]I, iione are coiisidering retireillenl CiUTeiiily.
Beii)g a traiisport Cliarity it is importanl tl)at oiir vehicle fleet are also iiiodern and fit for purpose, over ¢h¢ ii¢xt 1-6 y¢ar$ subject
to 4dequat¢ fui)dii)g t]iere ivill be a rolling program ofvelii¢l¢ r¢pla¢¢n)ail.
Longer terni it is enyisaged lliat WBCT will seek out iieiv preniises subject to fmaiices ivlieff all vel)i¢les ai)d sthff operations Can
b¢ lioused on oi)¢ site, hoivever t]lls is not likely lo b¢ any linie sooii
The knistees liave paid due regard lo guidance iSSLied by the Cl)aiity Coiilliiissioii in deciding ivliat activities tlie clinrity slioiild
undertake.
Pa8¢ 1

WELSH BORDER COMMUNITY TRANSPOR T
TRUSTEES'REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Acbievemenls nnd performRnce
We operate ivitli a sJi)nll slatT ofpaid drivers15) plu$ the Operalioi)s Manager aiid Assist&iil Manager ivho speiid part of their tiii)e
driving ivheii required. We also liave hvo office staff lookii)g after bookuig, sclieduling ai)d accounts el¢. We also depeiid oti our
team of volunteers ivhicli i)oiv totals 6 iiidividuals to suppleiiient the ivork ofdie ￿lid slaft.
Durllig 2024 we received our regiilar Biis Service graiit froiii tlie Welsli Govermi)eiit {£202.765) Ivliich is tli¢ iimllistay ofollr
yearly fwiding bllt ivas not siirricieiit for lis to break eveii lli th¢ year, additionally ive ivere gtai)t¢d fiinding froin the Nalioi]al
Lottery Coiiuiiiinity lllnd iii tlie siun of £IOO,000 over tI￿ee years1202425 &26) this was specifically for einplos'ing anotlier
driver, 11)eir 5alllry and piwchasuig of a sn)all illinibus ￿]d not lo siippleinent Ol￿ regiilar duties . We RTe iioiv a"Real Living Wage
"eniployer ivhich l)as added coiisiderably to our salane costs (riSll￿ bv llp to 160/0 in 2024) aIid ive have contlliued to be hit by
fluctualu)g fiiel costs. liiglier iiiSilTaii¢e ¢osts, malliteiiaii¢e and geiieral ¥osts llicurred in operating the charit),
Our r¢v¢niie froin fares ¢ollected in 2024 totalled £45,142 incliidllig donalioi)s and niembersliip coiitribiilions lip fron) £36,792 in
2023 an uicrea5e o(22.6Vo. Eviden¢e sllggests tlwl tJ)e need for our services is agai]i iii tlie ascertden¢y iyitli lis often ivorkiiig lo
full capa¢ity.
Finnnclal reyieiv
The results for Il)e year aiid Ili¢ ¢haritys fii)aiicial position al Il)e eiid ol'ih¢ year are slioivn ii) tlie attached fiiwicial slalen)eiits.
Year ¢nd 2024 saiv a net SU4)lus of £36,70i {2023: 1)¢1 siwpliis of£i1,6911.
Our n)ain source of llicoine is still tl)e Bus Service Support Gront IBSSG) Ivl)ich tolalled £202,464 (2023.. £201.380).
Th¢ ¢l)arity's prin¢ipol soiitces of fwids, as ll)di¢ated above. is froin a regional Blis Setvices Siipport Graiil (BSSG) from
Welsli Governn)eiit to tlie six cowities of Norih Wales ai)d distiibuled in accordaiice ivid) app]icalions niade frorn Il)e
various coiiununil}¥ tr8nsporl operators iti eacli aiiihority in North Wales.
Durijig 2024 ive ivere graiited a 3 5iear Nalioi)al lottery Con)munity grant (statllli8 oil 211612024) as of 3111212024 ive liave
received £41,745 01 ti)is grant M,hi¢h is giveii for sp¢¢ific piiryoses. Ollr iu)restricted reserves goll)g into 2024 ivere £280,398 as or
31st De¢ember 2024. Of Iliis £81294 ivas represeiiled by fixed assets used operationally by tlie charity.
The cU￿e11t ¢asli reserve is £208,930 (2023.. £247,804)
Res¢￿eS
It is tlie policy of llie charity that w]restsi¢ted funds iyhich have not been desi8iiated for u spe¢ific use sliould be inRll)lained at
level equivaleiit to betiveei) six and hv¢lve inoiit]I's exp¢i)ditllre. lil addition the Trustees have inade provision tlial sl)ould WBCT
¢ease lo exist rediuidancy paynients to staff ivould total £50,000. Tlie tsu$l¢es coi)sider that r¢serves aÉ this level ivill ensui¢ tI￿t,
in Il)e eveiil ora significant drop in luiidllig, t]iey ivill be able lo contlliue the ¢liarity's £iirrei)t a¢livilies ivhile ¢onsideration is
given to ivays ui ivl)ich additional fiiiids illay b¢ raised. Tliis level of reserves has beeii mainlaiiied througlioul the year.
Risk oll¢
The trustees have assessed die n)ajor risks to ivhi¢l) th¢ cliarity is exposed, and are satisfied that syslems are pla¢¢ to initigate
exposure to the major risks.
P&8¢ 2

WELSH BORDER COMMUNITY TRANSPORT
TRUSTEES'REPORT {CONTINUKD)
FOR THE YEAR Ef4DED 31 DECEMBER 2024
Structure
overJ)ance math
¢inen¢
The charity is a regislered Charitable lii¢orpornted Org￿liSatiOn (CIO) (Asso¢iolioii Stnictiire) iiuinber 1169910 iiry¢h volll18
In¢ii)bers otlier than ils Tnistees govemed by ¢oi)slitulion dated 24 October 2016.
The ￿lSteeS ii,lio served durllig the yeur aiid lip lo llie dale of signature of tlie fllwicial stalemei)ts iv¢r¢.'
Mr C Bolton {treagur¢r)
Mrs C D Evaiis (Cliair)
Coiincillor V Gay
Mr M HatTiS (Vice Chair)
Mr G Hayes
Mrs L Mellor
Mr R Peteis
Cl]r Mr A Woolley
Mrs PAE Woolley
Ms. S81)dra Doiioghue
All tlie trustees shall be members ofthe CIO or Ilie dilly appoi]iled represei)talives of orgaiiisatioiis ivliich ate n)emb¢rs.
(Decellsed November 2024)
Tl)e CIO lias a board oftnislees ¢oi)Iprising not less t]iaii lI￿ee {3) person$ aiid i)ot niore tl)aii hvelve (12) persoiis. Tl)e triistees are
¢l¢cled aiitiiially by tlie iiieinbers at the AGM ol'tlie CIO aiid relirii)g niembers sl)all be eligible for re-el￿1101) Iirythoiil lurtl)er
iiomuialion.
The trustees ar¢ supported in (tie day to day opeialions of WBCT by a mai)ager, paid slaft ivliicli includes officel adnii]i persoill)el,
drivers aiid a teain of voltiiil¢ers. The tnistees iionnally nieel on ive¢kday afteniooi)s or eveiiii)gs al least b1-qi1￿terIy, Ivith other
iiieetings held for reasoi)s of iirgeiicy. Meelii)gs are IioiiT COI)ducted face lo face at oiir offi¢¢s iii Buckley.
Trustees 8r¢ provided ivith tlie WBCT constitution aiid any relevaiit Cl)arity Conlli)ission lll(Ornlclt1021 e.g. The Essei)1181 Trustee
el¢. As stated, tile tnistees iiieet on a i¢giilar basis <2tid are provided ivith ciitrait fjtvdncial dats. reports elc. muiiiles of the previous
trustee meelijig ￿]d oiitcoi)ies noted for Il)e olli¢e ijianager to disseiiiii)ate lo staly.
The pay for eiiiployees aiid any alloivaiices for voliiiileers is sel against Ilie agreed pay policy Ihal is r¢vieii'ed aiuli￿llY togetlier
vith any ot]ier policies or eineigiiig legislative cl)aiiges (i.e. illinlliiuni pay el¢ ).
WBCT is a￿1]Iated to tlie local CVC and th¢ Conunuiiity Trai)sporl Associatioii ￿ld ivorks witli all local l)ospilals coi)veyin8
¢lieiils to niedical appouilni¢Jils, ¢aTe hoines aiid supw)rled livu)g ¢entres in the counly aiid many otlier lo¢al ivellbeing aiid social
iietivorkiiig clubs proiiioliJ)g iiiLliisioii aiid lielping lo ¢on)bat iwlotion aiid ll)eqiiality.
The trnslees, re￿rt ivas approved by the Board of Tnistees.
Mrs C D Evnns (Chair)
Trllslee
Dated.. 3rd
PB8e 3

IITELSH BORDER C.ON.INqUNITI." TRANSPORT
INDfiPEI NDEN'T ENAN,IINER'S REPORI, TO THE TRUSTEI Eis ofi IIIELSH BORDCIR co￿1￿￿uNI.fy TRANSPORT
FOR THE I'EAR ENDED 31 DEC[l￿,1BER 2024
l ￿pOrt lo the tnJste¢s oil my ¢xaiiiiiialioJi of ihe fiiiajicial sial¢iIie￿t& of Wel$li Border Coinmuiiity Transp)rt Itlie charity) for ilie
y¢aT ended 31 De¢¢inber 2024.
This I'eport is niAd¢ solely lo th¢ tyharity's tn151¢es, as a bod),. it) a¢¢ordotJce iviih s¢¢tioii 145 of the Charitl¢5 Aci 2011. My ivork
ha5 b¢¢n iiiidertaken so tl)at l JJJi8lit 5tal¢ to tlie cliority's Inislees t1105# Iiiatters l oin r6qiiired to stal¢ to iheiii iii tliis r¢p)rt omd for
iio oih¢r purpose. To ili¢ fullest ¢xt¢ht p¢riiiitted by laiv, I do not acc¢pt or assum¢ r¢S￿lI$1bilIty to aiiyoiie otlier thali ili¢ cliurity
and tlie cliarity's Inist¢¢s as o body. for Iiiy ii'ork, for tlii$ report, OT for tlie opiJiion5 1 have fornied.
onsibllltios and basis vf I'e
ort
As tlie ttust¢es of the cljurity yul are resp0115ible lor t5Je prtrpara(ioii of tli¢ fiiiancigl stoteni¢llt5 in accorda11￿ iviili tlie reqiiitrEt)¢ntS
of tlie Chaiiti¢s Act 2011 {th¢ 2011 Act).
HJvit)8 satl5fi¢d thvself tljat Ili¢ a¢¢oiii)Is of tlir comp2t3y are iioi required to be #iidiled iit)der Part 16 of ilL¢ 2006 Act lliid are
¢li8ibl¢ foT iiid¢peJidtiit ¢XQE))itifjtion, I report iii respect of my ¢xllii)iiiatÈoll of yovr clioTLty's accouiits as curried Olli uiider s¢ctLon
145 of lh¢ Charities Act 2011 {'the 2011 A¢l'). Iii carrying oiit ¢Jiv exoiniiialion I hav¢ folloiva the Dir¢ctioths given by the Charity
Comtnissiot) uiid¢r section 145(5) Ib) of tlje 2011 A¢t.
endent
nei. 5 State
Sin¢¢ the charity's gross income exc¢¢ded £250.000 your eliaEnin¢r IliiLSt b¢ a ill¢mb¢r of 8 body li5t¢J iii sectiiyi 145 of tlie 2011
A¢t. l ain qiialified to ujidertake tli¢ examhjiatioii by beiiig a qiialifi¢d ii)eJiib¢r of lh¢ liistittit¢ of Cligrtered Accoiirttaiits iii En8lHLid
id Wal¢s
I liav¢ ¢oinpl¢t¢d my ¢xg111iiiation. I ¢￿)fIni1 tliai no matter5 liuvr ¢om¢ to my ottrlltiots iii ¢OtiJi¢cli￿l 1I4tli the ¢xaEt)it)AtIOll 8jVLJ18
ii)e eaiise to believe tliat irt 8iiy Iijatetiol i¢$p¢¢t'.
accouttling records Ive￿ not kep( iii accordaii¢e ivith s¢rliOt1 130 of 111¢ 2011 Ac¢. or
tli¢ fiii8Jicial 51at¢meJJts do llot a¢¢ord ivith those f¢¢ords; or
tlie flnancial siateiJieJJts do noi ¢oiiiply iTh?tli th¢ applieabl¢ r¢quir¢iJieJits und¢r $¢¢tiotJ 386 of tli¢ 2006 Act oili¢r tliBJi uny
r¢quii'e*iJent tliat tli¢ fiijancial stht¢niei)ts giv¢ a'iNe 91Jd tairf vi¢iv is not a malt¢r ¢oJIside￿d a5 Port of iJid¢p¢iid¢nt
exairtirtatioi); or
tlie accoullts hol'e Jioi b¢¢n pr¢pgred iii oc¢ordort¢e ivitlj tlie m¢thods aE)d priiiGiples of tlje Stal¢iiient of rccomiiiended Praclh¢e
for acc(xiiitin8 and reportin8 by ¢1181ities applicabl¢ to eliarities pr¢pariJi8 th¢iT a¢¢oun15 ill occord8n¢e iTritlJ Ili¢ Fiiiwjcial Reporting
Staiidard applicabl¢ in the UK aiid R¢public of Itrlaiid IFRS1021.
I liave iio coii¢¢nis alid liov¢ ¢om¢ ocross no otlier inattcJ5 iii ¢￿ille¢ti￿1 ilitli tlie examitt4lioJi lo ivhicli att¢ntioJJ slioiild b¢
draiwi ill thi5 rel￿ iii ord¢r io ¢iiable a proper Iinderstanding of tlie f111a￿chaI siaietjieiils to b¢ i¢a¢lied.
Aiiiieinari¢ Ivey Bsc ACA
Atkijjsoii A¢¢outits
12 Mold Road
Buckley
CH7 2JB
Siwi¢d..
Dated..
7th F¢brn
25
P88e 4

IVEESH IIORDER COh.Ili'lUNITY TRANSPORT
srATEMENT or rilNANCIAL AcTI￿￿TIEs INCLUDING INCOfvIE AND ÉIPENDITURE ACCOUNT
riOR I'IIE YIAR ENDID 31 DCCLI¥IBER 1024
Ui)i'ÈAtrlcled Tot#1
Totnl Fun41¥
fil￿d3
2024
2024
2024
2023
Note
liicoiiie from,.
Donalions and l¢gts¢i¢$
ChAritsble &ctjVLlies
Investments
Tot81 income
loo,000
204,852
42,754
2,359
249 965
304.852
41,754
2 J59
349 96S
244,589
33,583
loo 000
279 954
-102 212
302
12
313 2611
313
60
268
Total e%p¢ndilure
Net incoiniJiWloulgoing) r¢50uIKeg befor¢ Ir&nsf¢r8
Net IMcoihol(expeiidltui'e) foi. the yeai'l Net li￿VeMe111 fundg
Fumd b8lBnces al l January 2024
Tran5f¢r3 b¢liv¢¢n fun
Fund b8lBnces al JI D¢¢Emb¢r 2024
952
36,705
309,48S
11,091
297,794
309.485
280 398
346 190
Th¢ $tsl¢meDI of finllnoithl a¢livitS¢8 inolud¢3 all gain7 and108ses r¢¢o8tti¥¢d in lh¢
Tlie sI￿l¢m￿nI of finan¢inl Aelil'ilj￿ in¢lud¢i g118ains aThd lo¥¥¢¥ r¢¢o81118ed iji th¢ y¢ar. All in¢om< and &xpEttdIt￿r¢ d¢rive froin eonlinuin8 ll¢tiviliey.
Pa8¢ 5

WELSH BORDER COMMUNITY TRANSPORT
BALANCE SHEET
AS AT 31 DECEMBER 2024
Note5
2024
2023
Fixed a$5et5
Tai)gible ass¢ls
Cui'rent 05set5
D¢biois
Cash 8t bai)k and iii liand
li
81,294
64,236
12
62,610
208,930
271,540
6,644
5,375
247,804
253,179
7.930
Credllor5: ninount5 falling due wlthln one )'ear
Nel Cu￿ent assets
Total n5set5 less £uri'ent Ilfvbllltles
The funds of th¢ ¢harl¢y
Reslricled [l￿dS
Unrestricted fuiids
13
264,896
346 190
245.249
309 485
65,792
280,398
346 190
309,485
309.485
Tlie financial staleineiits ii'ere llpprov¢d by the Inislees on .
Mrs C D Evans (Cliair)
Trustee
Pa8¢ 6

WELSH BORDER COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l Accoun¢lng policles
Chnrlty Informullo
Welsli Border Cointiiiuiilv T￿lspOr1 is a Cliaritable Iiico4)orated Orgai)isatioii (CIO).
1.1 Accouiitlng conyeiition
Tlie finaiicial statemeiils have b¢en prepared in ncccrdtstsce ivith d)e cliartty's goveniing dociiinent, the Cl)aiities Act
2011 and "A¢¢olliituig ￿ld Reporting by Charities.. Stalemeiit of Re¢onuneiid¢d Practice applicabl¢ lo cliarilies preparing
ieir a¢cOl￿tS in accord811ce iviih tlie Finaiicial Repottii)g Standard applicable lll tl)e UK ￿)d Repiiblic of Ireland (FRS 102)
(eifeetive l J￿1vary 2019)" Tlie charity is Public Benefit Eiitity as defii)ed by FRS 102.
Tlie charity lias taken advantage of the provisioi)s ui the SORP for charities applying FRS 102 U5yJale Biilletin l ijotto
prepare a Stateineiit of Casli Floivs.
The f￿an¢181 Stat￿1]entS I￿ve departed from the Cliarities (Accowils 8nd Reports) Regiilalions 2008 oiily to Ilie exteiit required
lo provide a true aiid fair vieiv. Tl)is departure lias iiivolvcd folloivi]ig tlie Slateinei)t of Re¢oiimieiided Practice for Cl￿ritieS
applying FRS 102 rather than Ili¢ versioi) of the stalen1￿1t of R¢¢oi)uiieiided Practice ivl)ich is referred to lli the Regiilalions
bul ivliicli has $ii)ce beeii ivitlidrali￿.
The fiiiancial stal¢ii)eiits are prepared ll) Sterliiig. Ivl)icli is the funclional Cuffeiicy of the charily. Moiielary llniowils in tl)ese
rll￿1Ic1al slateiiieiils are rouiided to tlie nearest £.
Tlie lin￿)¢1&1 staleineiits liave beeii prepared uiider ¢he l)islorical Cosl coiivailioii. Tlie prijicipal a¢¢ouiiliiig policies adopted are
set oiit beloiv.
1.2 Going con¢ern
At tlie liii)e of approvii)g the l-u)ancial stul¢ineiils, the trustees liav¢ a reasonable expeclation tl)al the ¢liarity has adequate
r¢sources to ¢oi)tlliue in operational existeii¢¢ for the lor¢seeable future. Tl)us the trustees contuiue lo adopt tl)¢ 8Ollig con¢¢rn
basis of a¢¢ouiitllig iii prepaiing Ihe fiiiaiicial sthteinenls.
1.3 ChAritable funds
u1￿¢Stricted luiids are available for use al the discret on ofdie trUSt¢es iii fUrther￿lee of their cl)aritsble objectives.
Desigi)ated fuiids coinprise funds ivliicli have been set aside at tlie discielioii of th¢ tnistees for specific punx)ses. Tl)e
piuyo3¢s and uses of tlie designated fiinds are set oiil in the notes lo the fllltsl)cial staleii)eiits.
1.4 Incomlng reSou￿e5
In¢oi)ie is recognised ivl)¢n the cliarily is legally ¢iititled lo il after any perfonnaii¢¢ coiidilions have been inet, the an)ouiils can be
measiwed reliubly, aiid it is probable tliat income ivill be received.
Casl) donatioi)s are recognised oil re¢eipt. Other doi)atioiis are recognised once tlie cliarity has beeii iiolified of tlie doi)atioi), u]iless
perforniance coi)dittoiis reqiiire deferr&l of the ainoimt. liicoine tax recoverable iii relation to donations received iiiider Gift
Aid or deeds of ¢ovei)aiil is recognised at die tune of the donatioi).
Legacies are recognised oil receipt or oihenvise i( th¢ cl￿rIty l)as been nolilied of an impeiiding distribution, the aii)ounl is
joi￿l, and receipt is expected. If tlie amouiit is not kniow), the legacy is treated as a contingent asset.
1.5 Resources expended
Expeiidiiur¢ is accoui)l¢d for on an accruals basis.
P&8e 7

WELSH BORDER COMMUNITY TRAJ4SPORT
NOTES TO THE FINANCIAL ST ATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
l Accountlng policies {¢oiiliiiiied)
1.6 Tanglble fixed assets
T8ngible fixed assets are initially ]neasi￿ed at cost Emd sUbseql￿1tIY n)easLwed at cost or valuation, i)et ofdeprecialion and aiiy
impainlient losses.
Depreciation is recog]iised so as to ivrite off ttie cost or valuatioii of as5¢ts less their residual valiies over their useful lives on the
rolloiviiig bases..
Motor vehicles
Fixtures aiid fittijigs
Con)Pllters
250/u redu¥ing bala1￿¢
250/0 reducii)g balance
33.30/0 reducing balaiice
The gain or loss arisii)B on the disposal of ali asset is delern)iiied as llie differei)ce betyveen llie sale proceeds ai)d the
carryiiig valiie ofdie asset, and is recognised ui tlie slalen)ent of fll)an¢ial activities.
1.7 Impnlrmen¢ of fixed as5el$
At ea¢h repoiting eiid date, tlie charity reviews the carryiiig ainowits of its langible as5els lo deterniiiie ivhettier there is
any indicatioii that Il)ose assets l)ave siiffered ali ui)painnenl loss. If Euiy sucli sjidicatioji exists, tlie re¢over8ble aiiioiinl or
the asset is estin)ated in older to delennine the eltenl of tlie iiiipainn¢iit loss {rf ai)y).
1.8 Cnsh And cfish equli'alents
Casli 8iid cash equivaleiits ii)clud¢ casli lli liaiid, deposits held at Cc111 iv&ili bal￿s, otl)er 5hort-terni liquid i]IveslmeJits iviili original
nialurili¢s of tl)ree moiitlis or less, and bai)k overdrafts. Blli￿ oyerdrafts are shoiwi ividiin boffouiji)gs ll) ciiffeiil liabilities.
1.9 Flnwncifil instruments
The charity has elected to apply tlie provisions of Section I I 'Basic financial histniilleiils, ￿]d Se¢tion 12 '01her FinAncial
Instnimeiils lssu¢s' of FRS 102 to all of ils fii)ancial llisln)ments.
Finai)¢ial ll￿tr￿llents are recogniscd in die charity's balance sheet ivlieii the charity becoines pJrty to the coi)tr&ctual provisioiis of
the iiistn]n)ent.
Fll)an¢ial assets ai)d liabi]ities are offset, Ivith th¢ iiet alllOLuils preseiited iii tli¢ fIn￿]ciaL slalements, Ivhen Iliere is a legally
eiifoTceable rigli( lo set off the iecognis¢d ￿]10￿11$ and tliere is an lllt¢iition to 5ettl¢ on a nel basis or to realis¢ Il)e asset and s¢ltle
tlie liability suiiultaiieously.
Bh51c tlnancial as5et%
Basic futsn¢ial assets, Ivhi¢li include debtors aiid ¢8sli aiid balaiices, ar¢ initially ineasured al transoctioii price
includiiig trai)saction ¢osls atid are subsequei)Ily ¢arried al ainortised cost usii)g tLie elTeclive iiiterest i)i¢lliod wiless th¢
arrw)gemenl ¢oiistitutes a fii)aii¢ing transa¢lion, Ivliere Il)¢ tr￿]saction is n)easuTed al Il)e presei)t value of the future receipts
discounted at a inarket rale of inter¢sl. Flliaiicial assets classified as receivable withiii oiie year are iiot amortised.
Poge 8

WELSH BORDER COMMuf41TY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
l Accouniln£ poll¢les Icoiillliued)
ljnphlrment of finfin£ifil Assets
Finaiicial assets, other tliaii those held al lair valu¢ tl)n)ugh iiicome and expeiidiliite, are a5s¢ssed t.or iiidicators of
inipainiieiil at ¢8¢1) reporting date. Finaiicial assets are impair¢d ivl)ere tliere is objective evideiice that. as a resiilt of oiie or
iiiore eveiils Iliat OC¢Utred after the lliitial recognilioii of tlie fiiiaiicial asset. the ¢$tiinaled future casli floivs have beeii afr￿ted.
If ali asset IS llnpaired. the unpainneiil loss is tli¢ ditTerence betsyeeii the catTyi]Ig amount at)d th¢ present value of the estullaled
asl) flows discounted at tlie asset's origllial effective ii)leiest rnt¢. The inipaini)eiit loss is recogiiised in net iii¢oineI(exp￿)d1Illfe)
for die year.
If Iliere is a de¢rease in Ilie impainnent loss aTising fioin ali ¢veiil occurriiig after tlie i]npainlleiil ivasrccognised, tlie
llnpainiieiit is reversed. The iever&91 is siieh t[￿t t]ie curreiil catryi]ig ￿lI￿ul11 does not exceed ivhat tl)e Ca￿Ing amoiiiil
Ivould l)ave been, had the iinpainlleiit not previoiisly be¢n recogiiised. Tlie lliipairnienl ieveisal 1$ iecognised iii iiet
iiicoiiiel(expendiliiTe) for t]ie year.
Derecv£nl¢ioD of tlnancial asye15
Flliancial assets ale d¢recogiiised only ivlien the coiitrachial riglils lo the casli floiys froin the asset expire or are settl¢d, or ivhen
tile charitv tr8nsl.ers the fiiiancial asset and siibsknnlially all Ilje risks atid reivaids of 01￿le[shiP lo ai)oiher eiility, or if soime
sigiiificant risks and r¢ivards of oivnersliip are retained but conliol ol'the asset lias tral￿ferred to aiiother paty that is able to s¢ll
die asset in ils th)tirety to an Ul￿elated third party.
Bnsic financinl liabilitie5
Basic fiiiw)¢ial liabilities, llicludii)g creditors aiid bdnk. lo￿)8, 8re initially reCO￿ll8ed al traiisaclion price iinless die arr￿lge1]iel1I
constitutes a flliai)¢uig tran&qction, Ivliere t]ie debt insttunient is Ineasiired ai ttie preseIit V<ilue of tl)e fiitEire paynieiits
diKoilllted al a niarket ri1te of llileresl. Fi]iancial liabilities ¢la$sitied as payable ivithin oi)e year are not amortis¢d.
Debt instninieiits are subsequently ¢artied al aii)ortised cost, llsiiig the effective inleresl iale In¢ihod.
Trade Credito￿ are obligations to pay for goods or services that have been acoiiired in the ordinary Course of oper81ioiis from
suppliers. Ainounts payable are classified as ¢uffeiil liabilities if payiiieiit is diie ivilliin oi)e year or less. If not, tliey are preseiited
as iioii-ciirreiil liabilities. Trade eredilors are reeogiiised inilially at transactioii price aiid subsequeiitly nieasured at ainortised
cost using the etT¢ctive inlerest method.
Der¢¢o£nitlon offinllncial liubillt1¢5
Finai)cial liubiliti¢s are derec0￿1iSed iyhen the cliatity's ¢onlra¢lual obligatioiis expire or are discharged or ¢an¢ell¢d.
1.10 Employee benefits
The cost of any unused lioliday eiititleinenl is reco￿}18ed in the p¢riod ui ivliich tlie employee's services are re¢eived.
Tetmll)ation benefits are recognised immediately as w) expeiise ivhen the cl)arity is demonstrably ¢oi)llnitted to ternilliale tl)e
employment of an anployee or lo provide tern)ination beiiefits.
P&g¢ 9

WELSH BORDER COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Critical n¢¢ountliig estimates and judgements
In the applicatioii of the ¢l)arity's accothitll)g policies. tli¢ trnstees are reqiiir¢d to inake jiidgeineiils, esliillales and assiiinplions
about tile ¢anyiiig aiiioiint of assets aiid liabililies tliat are iiot readily appareiil froin otlier sour¢es. Tlie estiinates aiid associated
assiin)plions nre based on hislorical expeiiei)ce And otl)er faclors tl)at are coi)sidered to be relevaiit. A¢￿￿] re&ilts niay difter Irom
these eslimales.
The estimates and widerlying a5$1]niptioiis are r¢vieived oil ali ongoing basis. Revisioi)s lo a¢Col￿til]g estin)ates are
re¢ogtiised in the period in ivhich the ¢Stil)￿te is revised ivliere the revisioii affects onl)I that period. or in the peTiod of tl)e
r¢vision and futur¢ periods ii,liere tlie revisioii affe¢ls botl) ¢iUTent and fliti￿e peTiods.
Income from donntlons and legll¢le$
Restrlcted fund5
Unreytricted
fund$
2024
TotRI Funds
Totftl Fuiid5
2024
2024
2023
Doiialioiis and gifts
Grai)t i]i¢oiiie
Meinbership fe¢s
2,144
202.464
244
204 852
2,144
302,464
244
304 852
2,935
241,380
274
244 i89
100,000
100000
Grnnt5 recelvnbl¢ for core ff¢ili'l¢les
Fliiitshire CC Bus Services Support Grai)I
Postcode Lollery
Lottery Graiit
Garfi¢ld Westoi) Foundatioi)
202,4(A
202.464
201.380
25,000
100,000
100,000
15,000
241380
100,000
Tlie Fliiilshire BSSG is received frorn tl)e Welsl) Govenlliienl. It is distribiited lo the six coiinlies of North Wales i]1 accordance
Ivitli applications inade by die various com]nunily Iraiisport operators iii eaeli aiithorily lli North Wales
Income froin chnrltwble nctiYitle$
Re5trlcted funds
Unrestricted
funds
2024
Total Funds
Totnl Fund$
2024
2024
2023
Income froin charitable activities
42,754
42,754
33,583
Income from inYestmentS
Restrlcted fund5
Unre$lricted
funds
2024
Totlll Fund5
Totfil Fuhd$
2024
2024
2023
tnler¢st receivable
1,782
Po8e 10

IVEI LSH IIORDER CON,IMUNITI' TRANSPORT
NOTfi S TO THE filNANCL4L STATLI fvIEI NTS (CONTINUED)
FOR THE I'fiAR ENDID31 DECEfvIBER2024
choj'lt￿b1e i¢tli?ties
2024
202J
Stoff costs
Depreciation aiid impainiient
Fu¢1
225,654
27.098
15.609
9,516
11,255
14,915
4.063
185,770
21.413
17,290
10,718
9,506
11,210
3,788
1,500
1,628
Bus inaiJJteiiallGe
Vehi¢l¢ iiisursjjce
Postage, o*fice ojjd inl¢rii¢i ¢osts
R¢iJt
Heat ojid light
Offiee iJisiitat)¢¢
Loss oil disposol of t£hll8ible fix¢d llssets
Suiidri¢s
318
.854
311,383
1,877
313,260
2,614
265,437
2.826
268,263
Shair of gOv¢1￿mIce costs {s¢enole 7)
AnalY￿S by fund
Ullr¢stsicttd flind5
R¢strieled funds
302,212
11,048
291 164
268.263
268 263
Support costs
Suppoi't C05tS
Govcrnance
¢osts
Govei'nance
costs
2024
2023
Suppoi't Costs
ExaMiill¢rs f¢¢s
Payroll
1.380
497
1,877
1,877
1,380
497
1.877
1,877
2,370
456
2,826
2,826
2,370
456
AEialys¢d beh¥¢eii Cligritsble activit1¢5
2,826
Gov¢rnBJic¢ ¢osts incliide5 Pllyt)i¢iits to tlie indepthideijl exaJni116rs of £1,380 (2023.. £2,370) for¢xainiii&tioiJ fe¢5.
Truslee5
Non6 of tlie tniste¢5 (or aiiy FcrsoJ)s ¢oiinecled ivitli Ili¢inl received aiiy ￿lI1￿￿er&I70jl oi bwiefits froth Ili¢ ¢liarity diiriiig th¢ yeaT12023.. £iiill
and Jjo triisie¢$ ivere reitjibursed expeJJ5e5 I￿ Ili¢ ye4Lr12023'. t)ts ¢n]steesl.
Pag¢ll

WELSH BORDER COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
9 Einployees
Ilie av¢rag¢ ii)oiitlily iiiiinber ol'einployees duilllg tlie yeur iyas..
2024
Number
2023
Nuinber
Cliaritsble activities
Emplo.ymei)t costs
Wages and salaries
So¢ial se¢urily costs
2024
21b23
212,959
12,695
225.654
176,531
9.239
185.770
T1iere ivere i)0 einployees ivhose aiuiiwl reiiillnerntion Ivas niore Il)gn £60,000.
10 Taxhtlon
11)e charity is exfflnpl fton) tsxalion on its activities because all its income is applied for charitable purposes.
11 Tangible fixed as5et5
Motor
Yehicles
Flxtures and
rillliig$
Computer$
Totnl
Co$t
At l J￿luary 2024
Additions 2024
Dispo&ql 2024
At 31 Deceittber 2024
Depre£latioii imphlrment
At l Jonuary 2024
Elinilliated on dispos81
Depr￿latiO1) Charged in tlie year
Al 31 De¢¢mber 2024
Currying amount
Al 31 Deceniber 2024
Al 31 Deceinber 2023
163,415
44,990
6,765
234
7,312
177,492
45,224
13,995
208,721
194,410
6,999
7,312
99,814
12,927
26,881
113,768
6.130
7,312
113.256
12,927
27,098
127.427
217
7.312
652
635
81,294
64.236
63,601
Po8e 12

WELSH BORDER COMMUNITY TRANSPOR T
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Debtors
2024
2023
Amoullt5 fAlllJig due ivithln tsne yeor..
Prepaynietits and a¢¢rued incoine
4,355
5,375
13 Creditors.. Rmounts faulng due ii'ithlll one yenr
2024
2023
Trade creditors
A¢¢nwls aiid deletred incoille
453
6.191
930
7,000
7.930
14 Unre51ricted fund$
Tlie unr¢$tricted fwids of t])e cliorily ¢on)prise the unexpended bal￿1¢¢$ of doi)alioiis and gr1￿15 Ivhicl) are iiot siibje¢t to specific
coiiditioiis by donors oiid granlors as to hoiv ijiey iiMy be used. These irtclude designated fuiids ivliich have been sel aside out of
unrestricted fiinds by Uie Inislees for specific purposes.
At l Janullri,
2024
Incoimlng
rcsource5
Resource
expended
Transfers
At31
December
2024
Tangible Fixed Asset Fund
Conlingeiicy fluid
G¢ii¢r81 fuiids
64,236
50,000
195,249
309 485
17,058
81,294
50,000
149,104
280,398
249.965
249 965
302,212
302212
6,102
23.160
Prevlou$ year..
At l January
2023
Incomlng
resource
Reyourcey
expended
Trun$fers
At31
December
2023
Tangible Fixed Asset Fund
Coiiting¢iicy fw)d
General funds
85,649
36,754
175,391
297 794
21.413
13,246
8.167
64,236
50,000
195,249
309,485
279,954
279.954
268 263
268 263
In otder to acciwatel5' sl)oiv ilie reserves lied up in fixed assets held by the cliarity, a desigi)aled tangible lixed assel Iiiiid has
been be ciealed. Tl)e flmd reflects tile iiet book value of tlie tai)gible fixed assets used operationally by th¢ elwity.
The trnslees hove also d¢s1￿}ated a ¢oiitingei)¢y fund io cover r¢duiidancy Costs in llie event of reduced fui)ding.
Pgge 13

WELSH BORDER COMMuf41TY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
15 Restricted funds
Tlie reslri¢ted fiiiids of the charity coiiiprise the iiiiexpei)ded b8laiiLes of doi)atioiis and granls ivhich ate siibj'ect lo specific
conditions by donors and graiitors as lo liow t]iey nmy be used.
At l Januhry
2024
Incoming
resour¢es
Resour¢es
expended
Transfei'$
At31
December
2024
Natioiial Lottery Conmiw)ity Fimd
100,000
11,048
23.160
65,792
Prevlous yenr:
At I Jg1)uAry
2023
Incomlng
resoiirces
Resour£e$
ekpended
Transfers
At31
Deceinber
2023
National Lottery Cominwiity Fund
NAtionhl IAbttery Communliy Fund
The National Lottery Grant is a grant toivards the purchase of a neiv niiniblls aiid tl)¢ ivages of 81141dditional driver. A tratisf¢r ivas
niade to iion-r¢stricted (uiids to rellect die grant aivarded toaivards die purcl)ase of the vehicle iiihicli is available for geiieral
cliariknble servi¢es.
16 Related pnrty irRnsnction$
Tl)er¢ ivere no disclosable relaled party traiis8¢tions duri]18 tlie year (2023- iioiie).
Page 14