WELSH BORDER COMMUNITY TRANSPORT A CHARITAJ3LE INCORP(IRATED ORCYANISATION ANNUAL REPORT AIND UNAUDITED FINANCIAL STATEIMEIYTS FOR THE YEAR ENDF.D 31 DF.CF.MBF.R 202$ Chai'ily rcgislr(Ition numbei. 1169910 'ELSH BORDTr.R COMMUNII'Y TRANSPOR'r LEGAL ATriD AI)MINIS'I'RA'I'IVL l￿FORNIA7.10P4, FOR THE YE.4R EliDED 11 DEC:EMBER 2U25 Trustees Mr C Bolion Mrs (' l) F.vans (Chairl Mr Harris Mi. G Hayes Mrs L Imellor Mr R Peters Mr A Il'oolley Mrs PA E Il'ooll¥y Ms. Sandra Donoghuc Charilv RumbLbr 1169910 Prlnclpal address TO￿.n CouDLil Building I'he Cross Mold Road Bucklej. Flintsliire Independent examiner Ann¢iiiarie Ivey Bsc ACA Atkinson Accounts 12 Mold Iload BuLkley Flintshire M'ELSH BORDER C:()MI)qUNITY TIL4NSP()RT C"()NTF.NT FOR THE YEAR LNDLD 31 DECLMBER 2025 P&￿¢ Truslc¢s' report Ind¢p¢iideiir exiimii)er's r￿tsrt Siaieinent of linat)cial activitie Balai)ce sheet Noies to the linancial stai¢menis 7-14 M'LLSH BORI)b.R CON1NIIIN'I I'Y'I'RANSPOR'I. TRLS'I'Tr:b:S'Rb.PUR'I- FI)R THE I'EAR Eh'DED.11 DECEIIBER 2U25 The trustees preseiii their aniiual report aiid finanLial stat6mLllls for ihc yLar ended 31 DcLLmbLr 2025. I'lie tinanlial 5tatenients liaie been prepui¢d in aL¢ordanLe with (h¥ aLLountinb poli¢i¢% sei our in not¢ I to Ili¢ financiul qtatemen(8 Jnd coinply with Ihe ch¥Jrit) .% governing document, Ihe Charities Act ?01 l and"A¢¢ountillg and Reporting by Ch#rilic5.' Statement of Rel0￿￿1￿nd¢d Pi'aclice applicdble ro Lharili¢s pr¢paring tlieir accoui)Is iii aLcordanL£ With the Fin8iiLiuI Repoi'liiig Staiiddrd dppliLable ii) tlie UK aiid R¢public ot ITelai)d IFRS 1021 leffeLtive l Jai)uary' 20191" Objectives and k)etivitie$ Welsh Bordtrr Community Transpon111.'BCTI Burd¢r lia5 b¢eti established tor 35 years. dating back to 1991. Our mission then as li is noiv (o pn)vide 01) deJnand, allordable and acce%%ible tran8port %eri'ice8 for elderly and or di.sabled individual$ or residenis ii-iih additional Ii¥Lds tlli'ou￿70UI rliL Coui)ty ut riiiit4hir¢. Workiiis for ihe beiiefit of i1)dividu￿11s. orbTaiiisatioiis aiid otl)er community woups. people who are at risk of Socidl i%olation. in¢qualii)' ol-transporl opporniniiies, helping? 10 11)Iprove iiienial health through inclusion and a range of la¢ior% or non-spe¢ili¢ i)eed. IIYC ciiablc local biroups aiid orbwaiiisatioiis to bciicfii froiii lou. cost, depeiidable Irdiispori serN'ice5 for iiidii-iduals ivho1121-e additioi)al iieed or beLclilSV rhey lir¢ at risk. due to loiieliiiess. disability. illn¢%%, b¢ii)&y ¢ld¢rly or livingT iii i%¢)Idi¢d aTea8 M,liei'e tli¢i'e are no adequaie public iranspon tacilities. Our Inain a¢iii'ilies are iailored to the well-beingi ol. (hose people that use our seri'ices, namely inedieal oppointnicnts. social and luncli clubs, hairdi'¢ss¥r's appoininienls. visiiing loved ones and social Clivilies in gLnLral. Tli¥si aLtil'illLS pfLSLI)t indii'iduals ii'ho aTL IS()latLd rhe opportuiiity to socialise. promoting ivellbeiiig opportunitie% aiid proi'isioning. Tliis repreb¥llts approxiii)al¢l)- 6?0/ts ol. journeys uiideriaken bj W'BC'I.. A vital service lor vulnertsb5e FlintsliiTe reiidenls. IVBCT operate.% nuinerous "shopper, giroups. ¢tsni'e)iiig persons froin 5heliered resideiitial housiiibj or villag?i' arcas, olleriiibi a dooi'.lo-door s¢rvicL, aiid aLcouiiiiii¥F toi. appi'oxiiiiatcly 350/0 ol. all jOUllliyS. Public b¥n¥fLI Th¢ tivslees liaie paid due rebyard to guidaiice issued by the Charity Cominission in deciding itrhat activities the chJrily should undertake. Page I M'EI.SH BORDF.R coll1￿lUN1'1.Y,1'RA￿.SPOR.[. I'IiL'SI'b:b.S'Rli.PUR-I' {CUN'I'INUEDI FOR THE YEAR EN'DED 11 DE(.'KIlqBER 2J2S Aehievement¥ ¥nd pvrformanfe We OPLratL Ii'iih d %niJll %Tdll'of paid drivei's15) J)lu4 tlie ()ptrJtiui)% MaiiagLr aiid Journly ScliL.dul¢r u.ho spLiid part ot theii. time drivknbT Ii'li¢ii required. We albu liai'v iwu VI'I IL¢ Stall. iiieiiibeis looking aller booking. sLlieLluliiib?. and aLLounls. ¥lL. W¥ also depend on our ieain ol-i'olunteers ￿'hICh now iotals 6 individuals io suppleineni Ihe ivork ol. (he paid sialT. During 20?5 ive received our reb7ulai Bus Sern'ice grant Iroin the Welsh (yovermiieni1£195.-1081 M'hicl) is Ihe n)ain51ay ol'our yLarly fundiiig bui ivas iiot butYILl¢I)t for us lo break even iii tlhe ai)d WdS doii'n on 2024 tlnd LUEisidtrrably les4 th￿111 iTh'e requested.. A(l(liiionallst M'¢ w¢J'¢ Liraiiled fui)dinbk Ironi ihe Naiional Lull¢ry C4)mmunity lund in lh¢ %um vl'£100.000 vver thr¢¢ year512V24.25 &.2()I this was specili¢all)' lor eniployinb) anoiher driver, Iheir salary and purehasinbi ol. a smg1111)Inihus and not io suppILlI)ei)t our rebiular dutie4 . W¢ JrL now a "Real Living bie"en)pluyer ivhieli dddtd Lonsideiablj. lo our salarv ousts iviih yedr on y¢dr inLie4Lses ubov¢ iiitlotion. Iiave beiven for specilic purposes. Our unresiri¢ied r¢%erv¢s were 1252,343 as 01. 31si De¢einb¢r 202S. Of this £63,569 I%'dS repiEse211ed by fixed assets used op¢r8tionally by thc Lliai'iÈy. The lurrcnt ¢ds11 reserve 15 £199.87812024: £208.9301 Roseri'es ollc Reserves policy,. It is the policy of the charity ihat unrcsiricted fund8 which have noi been designaied lor a specilic uqe should be maintained at a levgl ¢4uivaleiit lo b¥tti'een six- and Thi'elNe-mviitl)'s exp¢iidiiure. In 8dditiun. dic Trusltres Iidl'L mJdL proi'ision that should 14.IIC'T ¢ea5e to exis( reduiidanLy P'es Mrs L Mellor (Resigined Oci ?0251 Mr R Peiers IResign¢d Ocl 20251 Cllr. Imr A Woolley Mrs P A E Woolley ISeLreiaryl Ms. Sandra DonO￿lIe Ms. Rita Walker {Appoinitd JunL 2025) All tli¢ trustees sliall b¢ nienib¢rs ol'tlie CIO ur tl)¥ duly appoii)ted represeiitatives of or8anisa(ions wliiLI) 8r¢ In¢nib¢is. The CIO has a board of irusievs Lomprisiiig Ilot less than ihrer (31 persolls aiid i)oi niore rhai) tt4'eli'e {12) prrsoiis. In)st ￿1nd out¢Viii¢S 1)oted tor ilie Dttic¢ niaEiager to disscniiiidte to st￿lIT. The pay tor employees and any alloivances for i'olunleers is sel aBainsi Ihc a￿'eed pay polic>. that is rei'iewed annuallj, IOkTether i'itl) any other poliLieS ur L]ll¢rgring ILgislati&e chT the Board ot. Tnisie¢s. "Trustee Daied.. 10th Februa ?026 IVELSH BORDF.R co￿1￿[lNITI, TRANSPORT INDF'PbNDLN'I' LXANI 1 IYF.R'.% Rb.P()R'l I'() "I-IIF. TRU%TF.F.S OF 11'Tr'.1.51111()RDb.R COMM UIYII'I. I-RANSPOR'I- FOR'I'HL YEAR ￿￿'DED 31 DEC.LIllBER 2025 I report to the trustees on illv LJxan)ination of ihe finonLial sratL*ments of Ivelsh BoiQ¢r Coillmunity I'ransport (the chariry) for the yedr ended 31 Deceinber 2U?5. 'I'his report is made solely to the Lharity's Iru5tee5. as a body. in JLLordan¢¥ ￿'ith seLtion 145 of ihe Chai'ities ALI ?01 l. My work has been undertaken.%o th%Lt I Ini8h( sLiie to the chdrily's trustees tho8e matieN l ain required to ilate to theim in thi% repon and for i)0 oth¢r purpose. To Ili¢ fullLSI extenl pel-niilled b). laiv. I iivt 4lLL¢Pt ur 41ssuine r¢5puiisthbiliiy lo aiiyoiiL Oth¢r Ihaii th¥ cliariiy and thL Lharit￿$ trusie¢s as a body. for rny M'oi'k. for ihis report. or for ihtr opinions I have forined. nsiblllt5ty #Dd b￿&1% of re .45 Ihe rrusiees vf ihL charity you are r¢sponsibl¢ for thL PlLpariition ot the finaniiDI stst¢ments in aiiordanLe with the re4uir¢n)¢nts of the LhJriiieb Aci ?01 I IthL 2(>L l .4cil. Hal'ing saiislied mys¢lf that thL aLLounts of the ¥onipLtny are not required to be audited under Parr 16 of the 2UQ6 A¥1 and #re eligTihle for indepen(lent exaininalion. I report in respect iifmy exaininalioii of yOLir charity's aceounls as carriid (lut under Section 145 ufih¢ ChiiTili¢s ALt 2011 {'tli¥ ?Ul I ALI'I. In L(l￿n8 OUI Tny ¢xomii)a¢ion I hai'e ftslltsivL.d thi Diiiciions givLlI by lh¢ Chitriiy Coiw)ii5sion undLf 5LLtion 145151 Ibi of the 2011 .4LI. nt xamln r, SinLc the Lharity's gross inioiiie exLeeded £250.000 your Lxan)iner Inu51 be a menibei. of a body listed in seLtion 145 of th¢ ?01 I Aei. l ain qualified w und¢noke ihe examination by b¢ing a qualified Ineinber ol. (he I￿St1¢u1¢ of Chartered A¢counthn15 in Englund and Wale5 I hai'e conipleted Iny exaii)in(i¢ion. l LonfiTllI thui i)0 maile1￿ have come to my diteniion in LonneLtion with the exan)inalion givin In¢ ¢ause to believe thai in any muterial rc5P¢Ci'. accounting records were noi kepi in ae¢ordancc ￿'1th section 130 ofthe 2011 Act: or th¢ financial st1( renients do not acLord with those r¢Lurds'. vr the finallcial si(It¥ii)entb do Lon)ply ivith the JppliLable requirEm¢nis under StLtion 386 of IhL )006 ALI oihLr than any r¢quireiiieni ihai ihe Iinancial %(aiemeni% gil'¢ a'iruc and taiw view is not a inatter ¢vnsid¢Ted 4s purt vf an ind¢peiident Lxamiiiarioii. or the accounts liai'e not been preparcd in accordanc¢ wilh thl rneihods and princ?ples ol'ihe Siaiement ol'recoinimended Pnctice tor aicouiiting and rL'pL)rting by Lh' 2025 65,7Y2 280,398 346.190 Fund baiajices 8131 Decen]beT 2025 37.SV2 252 4.1 .146 1911 .146 IYII The slaiem¢ni uf finiE nLial llcliviii¢s tncludL'S all *iins and 105S¢S T¢coBnised in thr yrdr. The 51alem￿lI of tiiiaiicial ACliviiic5 iilEliid¢s all ¥aiiis aiicl I￿%5¢5 T¢CO¥lli5ed iii the ycai-. All iiYonie &iid ¢xp¢iidiwr¢ deTive fron) C￿111$111111¥ d¢iivilies. Pa¥L WF.I.SH IIORDLIi COMNIUNITY I'RANSPOR'I. B.ILANL Tr: SHb:Tr:"I' AT.11 DEC:EMBER 2V25 r4ole$ 21i25 2024 Fixed as5el$ T8ng>iblc assLIS Current a$$et$ Debiors Cash at bank and in hand 6.1,569 33.851 199,880 233.7.31 7.455 62.610 208.930 271.540 6.644 CreditOT5: amounts fallin% due ￿'•thin one year Net curreni asset% Total a¥¥els less currL'nt liabilities I'he funds ol. IhL' eharil). Reslriciid ILinds Unresriicted tuiid5 13 •?6,?76 ?&9,845 ?64.896 346.190 -47.-502 252.-143 ?8L).845 6.5.792 ?80.-A911 346.190 The linancial statenienls wei'e appruv¢d by the Irustees 011 Mrs C D Evans (Chai Trustee ei-1rrtL . Pa8e 6 II'&:LSH IIORDLR cO)I￿1V￿￿'1'l.Y'I,RA TriSPORT FOR THE I'EAR E￿DED.￿l DECEIIBER 2025 l Accounting policies Charil). infthi'maliun Welsli Border Coniinuiiity Trai)SFrt)rt is a Charitable bicoryoraled OrbTal)iSatioii IC.101. .1 Aecounling ¢unventiun Tlie fiiiaiicial slaieiiieiits hai'c beeii piepai'ed iii aLCCTddll¢e il-itli Il)e charity's goi-eniii)b doLuii)ei)I, the Cliai'ilies Act 2011 aiid 'AcLOIII)tiiigT aiid Reporting by C.liaritl¢s'. Stcltemeni of ReLommLndtd PrtlLtSLe lippliL￿lb]¢ to ¢liJritl¥S pi¥paring Iheir accounts in o¢cordance H'ith th¢ Financial Reporting Siandard appli¢able in the UK and Republic ol- Ireland i FRS 10? lelleclive l January, ?0191" The charil). is a Public Benejii Enlity as delined by FR% 102. Tlie charity has iaken ddi'uniagTe of ihe provisioiis in ilii. SORP for cliarilies applying FRS 102 Upddlt Bulletii) l ijor t prepar¥ d Stnition ol-lhe linan¢ial assei. Ihe estiiiiated luture Cash Ilom's have beeii aflected. Il. an as$el is impc1ired, the iinpairiiicnt loss is the dilyerence betm'ecn th¢ carrying ainoiinl and thc prcsLnl i'alue ot Ihe esliiiiated Cash floivs discoui)ted dt the original e*tective inttrresr Tat¢. T])¢ Iinpdiriiieiit loss is i'ecogni5ed iii i)et iiicomellexpeiiditure) tor rhe year. Il. tlicre i.s o decre&%e in th¢ impainnent logs ttrisinL Iroim ali ci'cni occurring &lier (he iinpaii'iiien( wag recogni*ed. Ihe impairnieiit is r¥iiers¢d. The reversal is SULh rhal tlIL current carryllig aniouiii does iiot exceed wh'ing anioiint ol-asseis and liabiliiies Ihat are noi readily apparcnt Iroiii oihcr sources. -rhe estiniaies and associ&ied assuiiiptions are based on l)istoriral experiei)Le diid uiher fa¢lurs ihat arL considered to be relevanl. Actual results may differ from tliese estimates. The ¢stiinates and uiiderlyinbl a5sumptiony are revicwcd vn yii ungruing basis. RLI'isions lo acLoui)til)bl Lslimtites dre r¢Lo¥iiised iii tl)e pvriud iii ii.l)i¢li tlie estiniate 15 rei'ised M'h¢r¢ tl)¢ re￿iS1O21 affeLts oiily tliar period. or iii the p¢riud of ih revision and fuiur¢ periods w'here the rei'ision all¢¢is bo(l) currellt and tulure periods. Iiicome from don4tion5 and legacies Re51ricted fund5 Unreslrie(L'd ru￿d5 2￿25 Tolal Funds Tvlal Funds 2025 2025 2024 Donalioiis and gifts Cjrant iiicoine Membersliip fees 22,624 1 ()6.871 60 219,555 2,624 196.871 60 199.5.55 2.144 30?.464 244 -104.1152 Grgnts receii'#ble for eorL aelivilie.¥ Flin15hire CC Bus Servi¢eq Support Grani Loitei), Gi'aiil Garti¢ld I4.'estoii foundatioii 196,871 196,871 ?0?,464 iuo,uuu 196.871 196,871 I'li¢ Fliiilsliire BSSG is r¥Leivttd troiii (lie 11.'elsli Governn)enl. li is di%iribui¢d iv tl)¢ six counli¢% ol-Norili M ales iii aLLordaiiue -ith applications Inade b)- the variou5 coniinLilliiy transport operators in cacl) aiiihoril). in North Ivales. A donation ol. L?O,000 il'as reLeii'ed frum thL MooiidancL follndatii)ii. Income from ch￿rItAble activilies Restrletcd funds UJhrestriLtL.d fund 2025 Total Funds Tulal Fuiids 2025 2025 2024 Incoine from Lhariliiblti activiti¥s 4?.080 Incomt I'roni investment5 Resiriltvd funds Unreslricled futhd5 202S 'I'vl#l fr.unds 'I'olal liunds 2025 2025 1024 Interest receivable 1,557 1,557 2,-159 Page 10 M'ELSH BC)RDbR C.()MfvILiJl'l'l'l' I'lL4￿5voR.I. NO'I"Tr.'S'1'U'I'llb. fr'INA.NC'IAI. S'I .I'l'b'.IIE)4'T'S IL'U,Y'I'INI LIED) FOR TIIF. I'EAR F.NI DFD J I I)F.C'EtsIBER 202$ Charitable aetivili¢b 2025 2024 Siatrcosis D¢pTeciaiion and impaimi¢nt Fucl Bus iiJ31lltLnani¢ VLhicle insur￿7￿￿¢ Postagc, 0￿1CC and iniemet costs K¢tLt Heal and lijshi Offic¢ uisurallec L05s on disp05nl of tanglble tix¢d ￿e[S Siit)dTies 229.)?1 21.()27 14.888 1.1.514 11.346 18.100 4.2(1'. ry5.654 27.11gX IS.6UY .516 4.061 1.432 318 1.8)4 -11 i.i¥.I 1.877 -111,260 Sliare of guYern#nce costs {s¢e note 71 319.5.17 An¥lvs1$ 1)v fund ?91.247 302.212 11.04 313.260 Restri¥1￿1 tunds -119..i.17 Supporl costs Support co$t$ GovL'riillnce 2025 vvvrnallLe vsls Support costs 2024 IV515 Exiimin¢r4 fe& PaJToII 5?6 5?6 ?.476 497 1.877 1.877 497 1.¥77 ,877 Analysed beiw'eeii Charitable aciiviti 1.476 Governance cosis in¢lvdes pa>4)ienis to the independeni exan)iiiers of £l.Y50 120*4.. £1..1801 for exainination fees. Trustees NonL of IhL iTUSt¢es lor any p¢rsons Lonnected ii'iili Ih¢ml reLL'iv¢d 4iliy rL'muneratioii or b¢n¢fiis from the Lh4irity during rhe ￿rI2(}￿4.. lnill alid llo truslces ivere reinibursed expenscs iii Ilie year (_ 7024.. no ITusle¢s). Pug¢ I I 'LL.%H BIIRDER CO.M.IIUTr4ITI' I'RANSPI)R'I' NOTES'I'O-I'HE b'llY,I￿cj,IL %'l'.4'1'E￿lE￿.['% ICO.% I'IIYUEDI FOR I'III,: I'b'AR F.INDF.D 31 DECE.IIBLR 2025 9 Emplo}'ees The avei?8e niontlily iiuinber ot'¢inployees dui'ingT Il)c year ivas.. 2Q25 Nuniber 2024 Nunlber Cliarilable activilieb Eniployinent LOSt& Wa&T¢S aiid sdlariis SuLial secui'ily ¢0slb 2025 21124 215.8?5 1.1,396 ?29.2?1 21?959 12,(>L)5 2?5,(>54 Th¢r¢ w¢re no employ¢es annual reiiiuner#iion was niorL Iliaii £60.000. 10 I'axation ThL Lh¢]rily is ttx¢tnpt frt)m iaxalion uji its activities beLaiise all ils iDLuine is applicd for cliJi'iiJblc piirposes. I l Tangible fixed a55et5 ttrlotor 'vhlcle5 Flxtures thnd fittlllg.s C.ompulers Total C05t Al l Jdnuury 2025 Ad(litiOllb ?025 Dispos£l12025 At I l DeL THE blN'AN'I:IAL %TATE)I IEINTS I(.'UINTINUEDI bOR Tllb. Yb"AR 31 DLiCLi.IIIIF.R 2V25 IS Restricted funds TIIL restricrtd fund% ot. tlie chariry Lomprisc tlie ullexpended bdlanL¢S of donations and ￿.￿nIS wl)ich are subjeLI to spc¢ifi¢ conditions b). donors and UTrai)tors as lo how Iliey i)iay be used. At I JAnuary 2U25 Inc(>nilng resource5 Resourees expended Tronsfers Deceniber 2025 National Loitery. Cominunity Fund 65,792 28,290 -17,502 Previous lear: At l January 2024 Incomin Resources expLnded 'Iran$fer$ At31 Dcrenibcr rcsourccs 2024 Naiioiial Loll¢ry C.ommui)iry fund 100.000 11.048 23.160 65.79? National I.ulli'ry Communlij Fund Tlie Natioiial Lottery Gittnl is a u'ant toii'ards ihe purchase ol'a neil. miiiibus and the wab)es ol. ali additional di'ii"er. A traiisf¢i' Ivas n￿de io non-re8tricied tLinds 10 reflect ihe granl ￿￿'arded towards the piirchase ol-tlie i'ehi¢l¢ ivhich is availablL lor general charitable services. 16 Related party Ir#nya¢tiDns There were no diselosable relaied part), transactions diiring ihe year12024 none). P#bFe 14