REGISTERED COMPANY NUMBER: IM635458 (England and W•le5) REGISTERED CHARrrY NUMBER: 1178677 SThATEGIC REPORT. REPORT OF THE TRUSTEES AND NANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR BUS USEKS UK CHARITABLETRUST LIMITED (A COMPANY LIMITED BY CUARANTEE) Had16 & Co. Ground Floor Imrt Building 2 Clov¢ C3¢¢nt London E142BE
BVS USERS UK CHARITABLE TRU LIMITED CONTENTS OF THE FINANCLIL STATEMENTS R THE YEAR EIYDED 31 MARCH 2(125 sknte Report 1 3 Report ofthe IndependentExamlTrer's R410rt StAtem¢nt of FITh•11 AclSvlll ststement of FIAAncl*l P0d0 Statement ofcath 10 IYot# to thestatement of Cuh Flow4 Notu lo th¢ Fts•181 StA¢ements 12 to 17 Drfall¢d Stat¢nRnt of Fingn¢lgJ A¢tlvitl 18
BUS USERS UK CHAIUTABIX TRUST LIMITED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2112S The truste¢s present thtir strateBi¢ report forthe yearended 31 Mah 2025. mission is lo bTiDg people togdher thrnu8h iD¢lu$ive, 8c¢e8sible transr1. This bTr>hder remit en8bles u5 to roc on the wider 50cietEI benefits of goDd tTansprt and to raise awamess of th¢ impact transl poverty has on loneliness, isolati¢)n and Social cluSiOn.0r aim is 10 8ive conununities a voice by eDsutiD8 they have a¢cess to the best polb1¢ transport link4 whverth¢ir needs and whereverthey live. Wc VmTk to: - Makc public nSPort fully inclusive and acce55ibl¢, and able to meet th¢ tran4JOrt need5 of1 wmmuniti¢6 . Promo hiBh Stan of UTb8n atxl ruroj troDsponplannin8 and Servi delivuy - Raise aworen¢ss of the so¢ial ¢x¢lusion caused by a la¢k of adequate transport and the economic and social factyr3 affting its provlon . Act on beha]f of p&ssen8er5 to resolve complaitts and address any underlying woblerns. During 2024125 we delivered a new Bus Usets UK Manifesto, Puttin8 cesSible public high on the ag¢Trda for the new GovernmenL Our commitment to PaS5engcrs Trmains our priority and we hAve continuesj to deliver rigorous oytstsnithng complaint handlin& compliance rnoThitorin8 aryl passenger adv0¢Y. Fundirtg from the Motability Foundation saw us publish the groundbTeakiD8 re[ 'Why are we waiting?, rcflecting the lived cxperiencc of disabkd pw¥ie and the barTi¢rs they fxc when travelling by b8. We are now pushin8 for aetiotl on 5taftdardisirtg ¢¢t$s1onary tsavel to improve access and ffmov¢ artificial borda5 within the UL We have F¢¢n wrtin8 closely with lo 80vernrnen¢s on the ffijture of tranwrt w ¢nsure consultttion is m¢anLTh81, transparent and inclusive. aTMJ we have h¢lpryl develop Pas5cngcr Charters based on what passengers attua]ty want and As we rnove throu8h our 50 Aullivmry year. w¢ will wntinue to champion the ri8hts o[p8&W 2nd ¢Ampaigll for accessible, inclusiv¢ transport foreveryone. PRINCIPAL RISKS AND UNCERTAINTIES There Tisks and uD¢¢rtainties to EVEpirs W¢ have been c8rrying out m8ny ODlin¢ & in person Surveys. prOtIng 8ettin8 bsck on to the bus working on 8 newappli¢i0n to help bu5 U5ets have a bettercxperle. RESOLVING COMPIAIKrs an Altemitiv¢ Dispute Resolution BY for the Wld coach industy, we hthdle Complaints on b9 and coach service5 across the UK (outside of London and Northern lrtland} for possengers tsnhappy wilh the response they've had frirfn w QPETalOr. rknin8 2024125. we receive& administer and attemwed to r¢solv¢ just under 4000 cornplaints from indivtdU UK b* and ¢oAch pysSen8ffl5 Iplus tThm passeng¢rs til Sco(iattd) which v¢ not IxeD reIVed by the We 81so Acted a National Enforcernenl Body for ¢¢Mnplaiots made by psssen8ers undcr the Pauenger Rights legisl2tionaimed at r&lucin8 di5eriminetion against trave51er5 withdisabiliti P&ge I
BUS USERS VK CHARITAB1 TRUST LIMITED STRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH Z025 WORKWITH GOVERNMENT Our wofk gives a unique utMIEr5tsndÈn8 of th¢ n¢th atbj concer of a[ local comrnunitits. We shwe this to m&ke sure passenger5 ore ai the heart of transportplanning and delivery. We contributed to 8 con5ultatiOttS itt 2024125 and look part a number of Sek¢t C¢)mmitte¢ merfings in Englan ScLrtland a1 Walcs, sharing ow unique penger insight and ensuring EOCAI communilies froni and centre of II¥D5porl pla[1n8 and delivery. We welcorn¢d the Bus Servi¢es (No 2) Bill 2025 and the aDnowLttm¢nt that ov¢r £1 billion i$ to be invtsted irt servicA but we warned of the n1 for a loThg4enn Amdin8 o)rnmitmeni and meanin1 publ¢c enga8emenL Respondin8 to the BuKs Cotmeetins CommuThities Inquiry we made it clear that any TTh 5y5tem must offer huge tlexibility and 1008-tertn r1n8.fel funthny to 8ive all eommuthities confidence that they have a bus service that truly meets their need5. Cowpmduc¢ion with dI&8b1 Fwle was the focus of our response to the National Centte for A1b1¢ TraDstK)rt Inquiry. along with promotion of pass)geT righL8 for dis8bled peopl< the litbng of all restri¢tiork8 on coDccssioDary Irdvel #nd lon¥-temi. ritiferttd fimding to protect the provisiots of socially llecesw traiis We Stres th¢ De¢d for paSer pTotecti¢)ns in our tt) the Bus FtanchisitJ8 Guidance CotLsultstioo 8Ad for the loca] community to be acttvely Involv in the frwKhtsing prrKts8 early enough to efft change. We led on Govemmeni ensure services at¢ planned and deSId alongside PASS¢W. particularly those exwiewing barri¢ to trnvel. Our r¢spoTLY to a llion Scotiish Government to improv¢ frnnchising made the ease that if pL8scnBer numbers are to ill¢rea then service5 niiL8t be quicker, more reliabl¢ and more llcce5sible. and bus netsvorks need to grow. T¢gardl¢ ofhow th¢y are op¢rntr In our submission to th¢ Nati¢)nal Planning Policy FrdTn¢work Consults¢10 w¢ called for all n¢w Iwusin8 znd emplo1 sites to be apprnved onty with adquate plans for publÉc transport acce54 and we ca]led for acce&4ible, inclusive lrnlSPOrt to forni an inte] part of the futtwg franiework W¢ ra1 on Centrni Govemment to recOlSe the Si18L eeonornie and enviroThTnental collknl>ution of bus setvices our submission to Atsthjm Budget Spendin8 Review. highli8htin8 the [e tt) view fuTKiiTh8 for these vital setvieeg as all iav¢stmenL WThile waming of the substhntiat iD¢r¢ased financial risk of fKallchisin& we also emphasis&l ow support in a¢hi¢vin8 t best possible servi¢es for local ¢ommuni¢i¢s in Ihe W¢st Midlands Bus Consulthtio ThrDugb¢Jui Sep*mbe¢s Catch the Bus Month we worked alongsid¢ ov¢r 200 stakeholder wups Éncludin8 the All Pzty Partiamentsry Grou operators, loc412tsthorities. pwen8er groups and nonyofiL8 a¢ross Engtarf sw1lat and Wal& to celetrfate altd prOllte the benefits ofsustsinabie. acexssible services. During 202412025 we saw o small increLY in incom¢ from operators subscribing to our Alternative Dispute Resolution servi¢¢ ¥nd from th¢ 8f8nts award1 by Scottish #t Welsh G0VenntAt$. Expenditw¢ inue48vJ. particularly arou1 staff costs &8 the or8aDisation wa8 fully staffed durin8 thhs period. Although 2024r25 ¢Thied with a stnall surplus it w&% le55 thart in 2023r24.
BUS USERS UK CHARITABLE TRUST UMITED srRATEGIC REPORT FOR THE YEAR ENDED 31 MARCH 2025 FUTURE PLANS In 2(r25r2026 our primary focus will be on cn5UriTr8 that changts in funding for vitsl public tranSIrt 5crvices does not ¥k¢ li hatder forrfft¥le to re]y on public in their areas. We will conllnue to remind decision makers of the huge role public trans plays in th¢ so¢i81 indwsion of all rnembetS of the publiw Hspart of the widershared and active travel wd Our annua] Caich the Month will conlinue work wilh local communitse4 loc authtiriti and bus operntors to highlight the eeonomiq wcial and environmental imwee of travel and ertournge more thd more to ty out this fomi of tronsport ¢ven if they have a¢55 toother foThAS of trans As att we wiu continue lo prnMC the acce111 needs of maoy MMl¢S and show how buses meet many of those neesjs. This will also fom) part of our work tn r&ynse to new IblIding programmes tvhich are often built without refererKe to the needs ofresidetts to get arouttd without a car. Our Chief Executive will continue her support for the dls]0-mkers in tsEnsrt to incre their engagement with groups representin8 disadvanthged tKopl& prnmottng their rights a5 PB85cn8ers BtKE encourying their involve[rllt in ¢s1)ng new v¢hicl¢s and interchang¢5. Bus Usw5 will also continue lo wnpgign for administrative barrÉers to tsavel forall recognised and des1Cd outof Ihe trspOrt networL especially ill reference to con¢essionary passes. We continue to WOTk with L1 Authoriti&s OD their Bus Scrvice Plans. Ethnced ParfnctshiN Bu5 Alliances and any new franchisin8 schemes to keep p&%sen8ers' n¢ets at the heart of nettvork development. We have d¢v¢loped a ran8¢ of t¢mpial¢ Pawnger Chart¢Th snd rylaints mxhani&ins and will ensw¢ tlw¢ are implernented . ways thai nke it essier for comrnuniiies to hold transport bodi¢s accountsble and for p&8sew to get redre&8 if thinBS We will develop ow relatioh1ps with politici)S and officers &t all levels of local, naftonai UK gov¢rnm¢Di working with allies And partners to iry to etkqure a more joine&up approach io integra4 staInable public trails for all comrnwiilie5. rurdl orurbarL Above ail. we will o)niinue to act as a passenger advo helping to inueas¢ regular, clean. 8¢, acc¢ssilJl¢ alba 8ffon18ble services whi¢h med the ne&ts olcommutkities. Oct 29, 2025 Approvlby order of tht board oftsuste&4 ott.................. .. It SI on itsbelt[ by.. Pag¢3
BUS USERS UK CHARITABLE TRUST LIMITED REPORT OFTHE TRUSTELS FOR THE YEAR ENDED31 MARCH 2(125 The 1¢¢$ who are also dirxtors of the clwity for the purpos of the Cornpnies Act 2W present their rqyort with the rtTwJcial sthtemellts of the charity for the year ended 31 March 2025. The trustees have adopted the PTOVi$iOM of Accounting #nd Reporting by Charities.. Slatement of Recommended Pwtice applicable to charities pffp8rin8 their accounts in acctstdonce with the Fioatscial Reporting Standard applieable io the UK and Repub]Rc of IRiand (FRS 102) l¢ffwtiv¢ l January 2019). At Bus User& ourchoritsble mission i5 tobring people andcommunities together. through soClIY inclusive transikrt Othr airn is to 8ive ¢ommwiities a voice by ensurin8 they have Aeeess the E¢st possible link& wha*ver their need8 and whcreverthey li W¢Twork to: - Make public traiOrt fully 1[1V¢8d aesSibl4 and able to me¢t th¢tyn5POrt n¢¢ds of au comrnunitits - Promo high stsndardsof urt•n And njral traEhSPOrt plannin¥ and seryt¢¢delivery - Raise aw8rtntss of the sociAI exciusion Sed by & lack of adequate •rt the Mi¢ and SOCI facti>rs affttting its provision - and we aa on beha]f of p&w8er& to TEsolv¢ th¢ircompi8intsand addrts8 any und¢rlyin8 Problerns. OWECTIVES AND ACTIVITIES ObJ¢¢ttvd To promote social incI10n for the public Ealefit by preventin8 People from bornIng socially excluded Relieving tkn attds of those PEople who soriaiiycxcludd and a5SL5tiDg them to Inle into 50ciely by.. - EnT traDSPOrt providers to adapt servicts lo meet the nee& of those whoare socially cxcludcd and lo provide sofe and convenient transF•rt h¢ilities to meet those neeth - RaLsin8awaOr the trwort needs of people who are socially excluth. To promote for thc public benefit hish standards of wbon and rutai ttaDSPOrt planning 9j scrviLr delivcry itt aordan with rel¢wdnt legislatton. standts and conditions. To ute th¢ publi¢ in ¥ betw und¢r#andin8 of the social and eK01Mi¢ Changes affectingpublic transpon prowsioll. Meeting our objerfives Under the ternJ5 of our registsxtioii, we are able to provide Advocdcyladvicelinfomti0Th, ro SF¥)nsor or und¢rtak¢ and to aet as an umbrellaor t¢sce dy.
BUS USERS UK CHARITABLE TRUST LIMITED REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 OWEcfivES ANDACnVITAES slgn1llnt actlvltlej - We contribud 8 consulthiions in 2024r25 lllld took part in a number of Selcci Cornmittec mectirt85 in En SryAl4nd and Wales, sharin8 our unique pLssen8er I1&h1 and ¢nswing IWAI wmmunits¢s are front and tentre or transport piatming gnd delivery. . Our yound b1r4k1 rtSC8r¢b 'Why art we waiiinuf shed tw light on the lived CXT>crieDCCS ofdisabled p&ssaw& hi8hli8hting the btirriets w f&ce when ac¢essin8 transport hu8e impact it hts on theird&y-to4liy lives. - For Catch tbt Bus Month 2024 we focu5d on acctssibility, showwin¥ the aThJaziD8 work beiDg done to impme AX¢55 w bu5 ond ¢h service5 4nd ClIng for ater collaboration brtw¢eD the pwle who design deliver servicA and th¢ people who use them. We worbj 8loJyide over 200 stakeholder wups including the All Party Plirtry Group, op¢rntors, IocAi authoritie& passenBer 8Mups and non-profits 8cnJss Seodand Wal¢s io ceitbrnte and protThe the bertefits ofsustatb1c. aeetssible bu8 servicei. - Ah¢4d of the Qen¢rgJ EIKtion. w¢ published our 2024 MaDifeAo ca]lin8 on the newly eleded Governmeni to PTioriti these liftlit)e and pul MMunItieS at th¢ hean of trans pl&nnin8 ftlon8 with lon8-t¢rn?. thlly fiuuled supp)n forpubli< shwrd and active ve1. - We joined forcc5 with five other disAbled pcoplc's charitic5 and pzssen8er or88rti$itioo$ to SI An Open letw from Tran8wt for All, w8in8 th¢ UK Prime Minisier to 5&ure publi¢ tyan6PQrt a1b111ty. - Wc supported ¢Rlls for 8 NJtion81 Stsndan5 on Bus Stops from Campaign for Better Tronsport after it reveaied that just i)ne third of people hAve 4ate or real-time Inforntion It their 0P and only half h&ve a shelter, makin8 travel ¢JiiTi¢uEI for imptissible for othth¥. - Inconsiste1¢8 in Con¢¢ssionary Bus Trnv¢l mth¢ accessinB educotion. employment and healthcare appointm¢nts a post¢ode lottery. So we have been lling on 8ovwnm¢n¢ to 8thnd&rdi8e the applicaiion pT(¢88 and use of bus PAS8e5 acnms England Scodond and Wolcs. - As pffi of the L4Mdon Bus AlliaKe, w¢ co]led on Trans for London improve pBsgen8er tiSfaCtIon levels. rtdu¢e joumey times artd make Lortdort's buses better for everyone. Clai1¢ W&lr5' iemj as Disabiliiy & Aeeul Amb•wdor for Bu5¢5 w18 ¢xl¢nded by Gov¢mTn¢nt for4D uddilional y¢w¥ b¢yond the OTiSin thr We have be¢n working with CPT and ilg operntor members on delivering frtt inforn)ation and training on lbility. We BAve & prtsetttation at the Europefftn PassenBer5 Federntton AGM about our work around c¢)mpliints' bandlin& cwmpai8nin8 and eompliattce, And our impael Sn improvin8 8ervi¢¢s ¢n$urltt8 th¢ ri8hts of p8ss¢n¥en I protec and upheld. - As parl of TrADSPOrt s¢10nd,5 Bu5 Futur¢s work. we lookeil at how bus 5ervic¢s could better fjjnded in the futwA 8crntinisib)8 the long-tem) effectivene85 of the NeNoTk Support Grani and loc•1 auihority gupported r¥I¢¢ model. for ¢xompl¢, 1 the pota1t1 irnp•¢t of xl¢£tive tiTn¢ wn5trNints ¢)n th¢ Und¢r223 tr•v¢l wd. - We memE¢rs of the Transport for Wales Bw Reforni Panel looking issues on journey towards franchisin& 8MI we eontinueto be illvol•Kd with TraC and Ff1$1 delivay woups Across Wale& - We gre on the Department for Tran5POrt Steering Group and contiTh be gctively involved with Erthted P&rbwrship boards the country. - W¢ Worked alotbBside Renfrcwshire Council to examine the fv(ure of community transport delivery across the local outhority from cunMt provision to inwtion wtth modes. Al¢)ngside the Community Trllrtsport Asso¢lAtio the COW1] will be developing 8 5 year deliveryplan ba8ed on this work to improve tsxn9POrt in the won. - We aaively $upwt¢d th¢ Wom¢n in and Coath Nott1 sker1 GTOUP 8nd C08ch arou and th¢ W¢)men Trans1 Divw5ity and IrLS1on Grwp. Pa8e S
BUS USERS UK CHARITABLE TRUST LIMITED REPORT OFTHE TRUSTELS FOR THE YEAR ENDED31 MARCH Z025 OWECTIVESANDACTIVITIES - Dwing 2024125 we had several Public Inquiries held by the Trnffic Commissioner followin8 moniithing exercis¢5 by our Bus Compliat)ce Officers (BCO¥). This¢ inquiri¢s led to improv¢m¢nts in s¢rvitts. iDfr&thcture and staff tixining and ensu opuators 8Te mee¢inB th¢ir Tespon5ibiliti¢s to P355¢ngers. STRUCTURE. GOVERNANCE AND MANAGEMENT Governlng do¢Umet The charity is controlled by its 8ovemin8 documenl a deed of tru5k ¥nd con5titute5 a limit&J company. limit by guarallK a5 {kfin by th¢ Cornpllies 2006. REFERENCE AND ADMINISTRATIVE DETAILS R¢glst¢r¢d Company number 04635458 (Engiand and Wa145) Reglsttwtd Ch#rlty number 1178677 Reglstsred offl¢e 22 Greencoat Place London SWIP IPR Trnste J R An(krwn Ms J K Martin C Barnes L Creaven C Osakwe (resig1 25.6251 J Aitken (appointed 18.6.24) Company Secretary M5 K E Dorub JDdep¢ndent EJ#rnlD¢r Khslid M¢hmwd H8dleys& Co. Grouftd Hoor Imrt Buildin8 2 Clove Cjrsrxnl Lonih)n E142BE ort 29, 2025 Approv1 by orderofthe board of trustees on....................... ..................... and SI on its l*hf by: HBsth.Tn
INDEPENDENf EXAMINER'S REPORT TO THE TRusfEF3OF BUS USERS UK CHARABLE TRU LImED Independent examSner'5 report to tb¢ try5teu of Bus U5eTh Uk Cbrltsbl¢Tryst rthe Compmny,) I TEPXt tothe charity on my exominwon ofthe a¢Unts of the CoD)P8ty for th¢yearwKla 31 March 2025. Rwonslbllldes #nd buts of report As the charitys tn]stees ofthe CoTnF•ny {nd a150 its dirtthrs for of eompany IN) you we wibk for Havins satisfied myself that the accounts of the coMY rnt rryuired to be aLKiited utth Part 16 of the 2Tr)6 Act and are eligible indepthnt ¢xaMIDa l Yewt in fEspxI of nry eJaminon of y¢)ur ¢bariWs CQUDt5 ts c&rti)J out Seetiort 145 of the Chariiies kn 2011 Cihe 2011 Acn. In £1ng my examination I hav¢ folloj the Dir¢dioM 8iv¢n by the Chtrity comrri uth 145(5)Ib) oftr 2011 Ak kndepthdelltexmlnerf• tstement Since yotsr chritys grc6s in¢ome uceeded £250,(KKI yrm ¢xamirtt be a member of a list bTrty. I w ¢onfinn that l aTn qu1r1ed to the eXami10n beawe l i menthr of the of Charknl Accowilants in England and whi¢h isortof the li#¢d btsjic I hve complet¢d my ¢xamination. I confirm tht no mittu¥ h&¥t e4)m¢ kn my attthtion in with th¢ exwniaation giviD8 me to b¢li¢v a(£ountin8 ttcords were not kept iti Tespea of theC(np•nyu by Se£tion 386 of th¢2006 A¢t or accounts do not accord wilh thaqe Tec. or accounts do comply with the ae¢thJnting of Sttrion 396 of 2006 A¢1 (rther than •ny requinI thRI the a011% 8ive a tru¢ fair view wbith ix not i matter considered pffi ofall Ind¢t examination: or the accounts h•ve not b¢¢n in x¢ordw¢ with the BDd prilpIeS of the St8menl of Recommended Pr1¢¢ f(r aK(witin8 and ryrtin8 by &riiies l•pplicabl¢ lo ¢lwiti¢J pryin8 their Ieeounts in 4r¢0rd with the Fin11[ Rwun8 Stand9 AppIic4ble in the UK wd R¢publi¢ of Ir¢lO (FRS 102)). be drnwn in this reptyt in 0rd¢rtoen1e1QptXWITh$Ofthe xcourts ro be reacht Khalid Mehm(•xi H&lleys & Co. GrDund How Imwt Buil(ti 2 Clove CrEs¢¢ E142BE
BUS USERS UK CHARITABLE TRU LIMITED $rTEmoF FINANCIAL AcfiviTIES FOR THE YL4R ENDED31 MARCH 2025 2025 2024 796.183 15.( 15.0 811.183 837.722 EXPENDITURE ON Ckarttsble 4edv5d SHnes 61&616 581328 9.703 8J74 1496 Advertising 3,650 4,072 2J82 3*10 4.176 1Thsurznce TJ¥v¢liin8 41982 39,883 18J03 Oth¢r s¥ui I 87.322 8(Kl947 748.388 Nrr INCOME 10336 89334 RECONCILIATION OF FUNDS Totsl t4wBhi forward 227.( 137,671 TiyfAL FWNDS CARIUED FORWARD 237241 227,005
BUS USERS UK CHARITABLE TRUST LIMITED STATEMENT OF FINANCIAL POSITION 31 MARCH 21125 2025 UTnStriCted fithd 2024 Not¢s cuRREr ASSETS Debto Cthgl bank 118,055 189.989 64.518 247J85 308,044 311103 CREDTfoRS Amounts rling due within on¢ year 10 (55.8031 (59265) NET CURRENT A&SETS 252,241 252.838 TOTAL Assrrs LE&S CURRENT LIABILMES 252,241 252.838 CREDITORS Arnounts fullin8 du¢ 8fter more thaft Qoe year (15,0001 125,833) NET ASSETS 237,24 227,005 FUNDS 13 237,241 227.C TOTAL FUNDS 237.241 227,3 Tr charitable wmpany i¥ entided to ¢x¢mption from audil wider Section 477 of the Cornp4nieJ Act 2006 for the ended 31 Mw¢h 2025. memb¢ts have not required the cOmpY obtsin wdit of its fin¢1] ststem¢nts for the year ended 31 Mah 2025 in acwrd4ntt with S¢¢¢itsn 476 of thB Comp&Thi A¢¢ 2006. The tnJstee5 acknowledge their re5pon¥ibiliti¢s for {) ensuring the ¢horitsbl¢ wnw4ny k¢¢ps arting I0[d& that Mmply with S¢ctiOM 386 Ind 387 of ttr Cornpanies kn 21Y)6 and pYepan'n8 financial stalemenls which give a tyue 4nd fair view of the s14t¢ of affoiTB of the ¢hwrit4ble cornpkny 85 at the end of each financial year and of its surplus or deficit for each financial ye•r in a¢wrdBn¢¢ with thB Tequircmcn¢s of Sections 394 and 395 and which otherwise ¢ornply with the requirements of th¢ Componies A 21KJ6 rei8tinB to financial statements. so f#r applicable to the ch8ri¢ble company. These financi81 st&tements hav¢ been prepared in aOrdanCe with th¢ provi$i¢w appliable to clMritAbl¢ ¢0ti4X subj'ect to the sm911 compgniej re8ime. The fllwlcial 8tht¢ments We apprnved by tht Bolrd of Trustees and Authorised for issue 0rt..29,..2025.... wxl weTe 5isned on its behalf by.. H B8rktt. Trus¢ Th¢ now fom) pjrt of the5¢ fir11 stments
BUS USERS UK CHARITABLE TRusf LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 Notes Cwh l)ow$ from operathi¥ attfvltle4 C&sh generated from operntions Inierestpaid (4@023) 1740) 100,781 (855) Net ush {used Inyprovjd by opvotingacuvities 146.763) Casb flo from flnandng a¢tlvities L1 JEpayments in year 110.833) (9.168) N¢t ed in financin8 activitieg {10.833) {9.168) Change In eash and ¢qufvglents In the reportkng period Casb and equiythts at tbe bryloolngof the repordng perlod (57.5961 90.758 247.585 15(827 Cash aDd tqulv8ients atthe ettd of the rep(•rtlng perfod 189.989 247J85 The notrs fomi par¢ of these fin&ncial thtements Page 10
BUS USERS UK CHARITABLE TRUST LIMITED NOTLS TO THE sfATEMEIYT OF CASH FLOWS FOR THE YEAR ElED 31 MARCH21125 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 Net Income for the rcportthg perlod {as per the Statementof Flnand A¢tlvltles) Adjustmetsts ftir: InteTE5t paid IlDcr¢wYd¢e in d¢bto 10336 89J34 740 (53.5371 13,4621 855 41,662 (31,070) Net (used iD)Iprovhled by oper8th1 {46,0231 100.781 ANALYSIS OF CHANCES IN NET FUIYDS At 1.4.24 CAsh flow At 31.325 Net cash Cash at bhnk 247.585 (57596) 189,989 247,585 (57.596) 189.989 Debts llItig due after l year {25,833) 10.833 (15.000) (25,833) 10.833 115,LlJO) Tots] 221,752 (46.763) 174.989 ThE note5 forn) part of these fitTran¢ial sialements Pagell
BUS USEKS UKCHARITABLE TRUST LIMITED NOTLg TO THE FINANCjALSTATEMEs FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICJ Ba$15 of prepaTIDg the fjrtdndai stAiements The financial staiemenls of the clwitable comp3ny, which is a public ben¢fii entity und¢r FRS 102. have been prep1 in accordan¢¢ w¢th the Charitses SORP (FRS 102) 'A¢countin8 atkl Reporting by chariti Stht¢ment of ROrtlended Prndice &ppiic8ble to eharities pryitt8 their aecounts iti attordArte with the Financial Re[in8 Stsndard BppliblB in the UK Dnd Republic of Ir¢l&nd IFRS 102) (effective l 20191,. Financial Reporting StaDdard IW2 Tr Finan¢i81 R¢port>ng Stand8rd applicabk in th¢ UK and Republic of ]land, and the CompAnie6 Aci 2006. The financial 8llltemen hav¢ been prepared under the historical cost eonv¢ntion. All inc¢mie is I1$ed in the steMent of Financial Aciivitteg once the ch&ity entitlnen( tho IlJnd5. li is pr(4)Abl¢ the Inco will bETTLeiwJ 4nd thewnount bB TD¢•swrd r¢li4bly. pendlturt Liibilities &re 08n11 as exFndiwre )ft &8 there li a le8al or eortstiwlive oblitiON commiNin8 the ¢hgrity to that experlture, it Is probable thgt a transfer of Konomic benefjts will b¢ requirtd in settlemcnt and the wnount of the obli8atiOD ¢an be m¢Lryured lIablY. Exptre i¥ ¥nted for on an bASi$ atMI has been Classifid undw headings thai aggTeBa all cost related to the eategory. Where sts c4nnot be dIrllY aitributed to porticular he4diDBB they hAve be¢n a]loc4ted &ctiviiies on a buis c•)n8iSteTht with the we of luoue3. TugtloD The charity is¢x¢mpt from ¢ow&tion tsx oth lty ¢hwit•ble i¢¢iviilM. occountlng UMtrictl funds be used in I¢rdCe with the chorimble objeLtives li thedijudion of the tnllieu. R¢#ricted funds can only be for ptirticular re1¢1 purposes withln the obj¢¢ts of the chtirity. Re9triCiiOn• arise when Bp¢cifRd by the donor or when fimdj rnId for particular r¢8tsicte4 purK•Jses. Fwth¢r ¢xplwwtion of th¢ and PUTPOB¢ of fund 18 Includ in the notu to thB fin¢1 styt¢m¢n DOiYATIONS AND LEGAC 2023 2024 545.602 249,553 968 586,904 235.195 623 Subxription¥ Cmher income 796.183 822.722 CJIts received, ineluded in the &Eov. Are follows: 2025 2024 a0Mm¢h1 545,661 586.905 545.662 $86,9)4 P8g¢ 12 CODtinued...
BUS USERS UK CHAIUTABLE TRUST LIMITED NOTES TO THE FtNANCIAL STATEMEWfS- FOR THE YEAR ENDED 31 MARCH 2025 INVLSTMENT INCOME 2025 2024 IB Recbarye 15.000 15.0 CHARITABLE AcTIs COSTS Support cost5 (see note 5) Direct Costs Sa]aries Telepkne 618.616 618,616 9.703 2J43 9.703 Advertising P05tsge & $13tio 3.650 4,072 2J82 3.650 4,072 Sw)dries Ttavelling 41982 41982 IT 26J88 683.748 26.388 710,136 SUPPORT COSTS Inforniation tecbno108y Fillan¢e Other costs 14,949 75.794 90,811 ITcos 26,388 26,388 68 26.388 14,949 75.794 117,199 TRUSTEES, REMUNERATION AND BENEFITS The were no MuneratiOn or other benefits for the year enW 31 March 2025 tK)r for the year ended 31 Marth 2024. There we 00 ttu%te¢¥ ¢xp¢Lv pd for the yearended 31 March 2025 nor forth¢yeareDded 31 March 2024. 13 con¢inue¢l..
BUS USERS UK CHARITABLE TRU LIMITED NOTLS TO THE FINANCIAL STATEMENTS- toDdDued FOR ThE YEAR ENDED 31 MARCH 2025 srAFF COSTS 2025 2024 W&ges ond salaries 618,616 581 J28 618.616 581328 The &v¢ra8e monthly tsumlxrofemployees during the was a8 follows.. 2025 21 2024 21 Athinisrraii No ¢mploy¢es re¢¢iv¢d ¢ll1ments in ex¢ of £60,(KK). COMPARATIVES FOR THE STATEI¥IENTOF FINANCIAL ACTIVITIES Unrestri¢¢*l INCOME AND ENDOWMENTS FROM DO[lOn$ and legaci 822,722 InveSthnI In¢ome 15.( Tot•1 837,722 EXPENDITURE ON ChArftsble •etlvltE Salarie8 Telephon¢ 581,328 8.374 2.496 Adv¢LtiSin8 Postsge & 8ts¢ion 3,810 4,176 2,696 Suftdries Trnvelltn8 39.883 IT cosrs 18,303 87,322 748.388 ThCOME 89,334 RKCONCILIATION OFFUNDS Total fiuMls brou8hi fonvard 137.671 Page 14 continu...
BUS USERS UK CHAIUTABLE TRUST LIMITED NOTLS TO THE FINANCIAL STATEMEfTS• FOR ThE YEAR ENDED 31 MARCH 2025 COMPARATIVLS FOR THE STATEM OF FINANCIAL ACTIVITIES-torttltsued fund TOTAL FUNDS CARRIED FORWARD 227,005 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 Trthdebtorn Other deb 65.515 1400 50.140 38.711 22(• 118,055 64518 IL CREDITORS: A05 FALLING DUE wmiiN OI¥E YEAR 2025 2024 Trad¢¢rgJito Social security atKt other VAT 5.773 26.550 6.956 14J99 2,125 4,957 32J96 s2• 11.177 2.035 55.803 59265 ii. CREDITORS: AMOUNTS FALLING DUE AFfER MORETHAN OP4E YEAR 2025 2024 BankloaDs (see note 12) 15,000 2533 IL LOANS An anatysis of the rnaturityof108ns is givth belov. 2025 2024 Amounts fallingdue betwe two and five y¢ars: Bank losDs. 2-5 ycars 15,000 25.833 Pa8¢ 15
BUS USERS UK CHARITABLE TRUST LIMITED NOTES TO THE FINANCIAL STATEMENTS• CODtlnued FOR ThE YEAR ENDED 31 MARCH 21125 I& MOVEMENr Ir4 FUNDS Net movement itt fi]Dds At 31.3.25 Ai 1.4.24 Uttrestrltied aeneral fund 227,005 10236 237241 TOTAL FUNDS 227,005 10236 237241 Net movement in nJnd4 included in the above Are u followj: expended in fimds Qenerai futtd 811.183 1800947) 10236 TOTAL FUNDS 811.183 1800,947) 10236 C•mprdYe4 for movement ID movement in Ilmds Al 31.3.24 At 1.4.23 UDrutrl¢ted Oenern] fij 137.671 89J34 227,005 TOTAL FUNDS 137,671 89J34 227.005 Cornpwative n¢t movement in fyud4 Tldj ID the al*)v¢ 88 fouows.. Incomin¥ Movement in funds p¢nd¢d Vhre4trftted Oeneral fund 837.722 (748J88) 89,334 TOTAL FUNtAs 837,722 (748J88) 89.334 Page 16
BUS USERS UK CHARITABLE TRiJsf LIMITED NOTESTO THE FIP4ANCIAL ATEMENfs- conllDued 13. MOVEMEKf IN FUNDS.t•tttiti•eA A 12 Fyioryetr 12 monts p)5ilwxi is Is follow&. At 31.325 Al 1.423 Unr¢5tr1rt General fijnd 137.671 9)570 237241 137.671 99J70 237341 A current year 12 monts and wior )Yar 12 JTKths cttnbin net Ixthtrnent in indthj in the 8b)ve are &$ follows: 1.6489)5 (1349J35) JS70 TOTAL FUNDS 10&9DS {1549J35) 99J70 Pa8¢ 17
BUS USERS UK CHARITABLE TRUST LIMITED DAlLED STATEMENT OF FINANCIAL ACTIVITIF FOR THE YEAR ENDED 31 MARCH 202S 2025 2024 Dw•¢lDns and Ewele4 545.662 249.553 968 586.904 235.195 Sulxeriptions Other income 796.183 822.722 JbVeg111Sellt Ihtollle BAB Rtch 15,000 15,( Totsl Incon ruour¢ 811.183 837,722 EXPENDITURE Ch5Thjb *¢dvldu Wg 618,616 2.382 9.703 3,650 2.343 4.072 41982 581J28 2.696 8,3?4 3,810 2,496 4.176 39.883 Telephonc P05ts8c and ststsonery Advertisin8 Sunthie8 Tr4vellin8 683,748 642.763 68 Informadon te£hnoloLV IT and software 26.388 18J03 Other debts Intere5tpNyhbl¢ 14209 740 10297 855 14.949 Covern#Net to Ac¢Ow)IcY f¢ Professional fegg 2215 73,579 2,035 74.075 75,794 76.110 Total TrEoutces expettded 800,947 748J88 Net l#ttyme 10336 89.334 This pfft8edoes not fomi part of the s¢atuknry financial 5ta¢¢m¢nts Page 18