Company registrdtiorl number.. 04992200 Chwity registrntiOD number. 1205584 Accessible Passenger Transport Services Limited (A compaDy IiDJit¢d by Buarnntrt} forthe YearEntsl 31 March 2025 McKellens 11 R[YeIeW The Embankmtht Busine&4 Pk Vale Road Heaton Mersey Stockport SK4 3GN
Accessible Passenger Transport Services Limited Contents Tn]5¢eeJ' Report 2to3 Stat¢m¢nt of Tn]stees' Rwtrnsibilities tnd¢p¢ndellt Audttors. Report 5t07 StatEtent of Finan¢ial Activitie5 Balattce Slteet atement of Cash FIOM 10 Notrs to th¢ Financiat Ststements 11 b) 18
Aceth8ible Passenger Transport Seryitts Limit Reference 2nd Adminiqtrative DetaiLs Trustees SR Ellison GL V¢rnon Secr¢tsry DJ Sweeney Senior Managenient l Lader5hip DJ Swe£ney. JoiDt Chief OrKTations EXecly¢ Tts) C Caw. Joint Chief Op¢ratiODS ExeclY¢ Cb*rity R¢gistrntioM Nllmber L205584 Company Regi8¢ration NuKDber 049Y2200 Registered Offi¢¢ PO Box 190 Lng$18h¢ Mattchester M12 4XZ Principal Offite Unit D New Bank Strttt M12 4TN Auditor McKelleTh5 Clwteffd A¢COun & Regist1 Audity I l Riverview Vale Road SK4 3GN BgDker5 Lloyd5 BaDk Heatd Gt¢¢n
Accessible Passenger Transport Services Limited Trustees, Report The trustees. Fkno are directors for tbe PUTposes of wtnpany Iaw, present the annual report tog¢thtt with tt financial st&tem¢nts 8nd auditor5, retM)rt of the ¢haritable company for the year ended 31 Mar¢h 2025. Objectivts and Activities Objects and The overnrchtng mission of th¢ Organi110n is to provide transpDrt atkd ancil]ary services to disable special educional Deeds and ¢lderly pa&senge¥s in key am of need. Thi5 inclyd¢s ¢du¢Mtio healt and commutiity areas. Our vision is b) eEwwer underprivil¢g¢d c4)InmtreS to acbieve self4u5tsin&iiity alld improved quality of lifr. The trustees confimi that they have compjied with the requirements of sedion 17 of the C1wities Act 2011 to have due regard to the public F•)efii guidatLGe published by th¢ Cttgrity CoMmi10n for and Wal¢5. Strncturfy governjnce #Dd mZDgement Organisalion4lslrncthre The organtzation is led by a Board of Thtt$ respmsible frjr 8Dvern8ncc 8t strategic dittctits Th¢ operattonal &8p¢¢ts are managed by two Exec1Ve Dirccknr5 suppond by deParental heads and Staff M8nagem¢nt Team The management team includcs depzrtmen¢al heads wialiLng in finatsK operation5, Ptogram4 #Dd mmunications. They Pl a critical role in implementing the st*ic objectiycs set by the Boord. Flunes IDstrments ObJediw¥ 4ndpollaa The cIwitS activities exlSe it to a number of fiDtincial risks including credit ri3L fiow risk and liquidity risk The us¢ of financial derivativ¢s is govemcd by the charity's ]iCIeS approved by the board of tTUStees, which provide wrttten prin¢iples on the use of fiDallcial d¢rivattV¢S to nknag¢ these rtsks. The charity does not chJ7o risk The charkty's artTvities exw)5e it prtmarity to the financial risk4 of changes in foreÉ8n curncy exchange rates and interest rdtes. The eharity uses foreign excl]kDge forward Contr and intuest rte swap o)nttaGts to hedge these expowres. Int¢rest b1[18 sets and liablliti&% h¢ld at fixed rate to vrtatty of cash fiow5. P88¢ 2
Ate$1b1e Passenger Transport Servi¢es Limited TruJtets' Report Credlt rlsk The charity's PTincipa] fllJancia] assets are baDk balauc¢s aTkd trade and other receivable4 and investments. The charity's credit risk is primartly attrtbutsble to its trade rtcetyables. The amounts presented sn the balance sh¢et are net of allowance5 for doubtfiTI receivables. An alloFAnce for irnpaiThneTht is made wher¢ ther¢ is au identified Ios8 went whicty based on Fttvtous experie is evidence of artdudioll in re£oveY8bility of the cash flows. The ¢r¢dit risk ott liquxd and derivative fitWLciaE ins1nt[lts is limited baUSe the counterpthes axe batdts with high credit.r2tÉngs assignd by int¢fDatioDai credit-ratiD8 a8cncies. The djarity has no significant CODcentiatÉon of cffdit risK exrA)sure 5pfEJ ovcr a large numb¢T of ¢ount¢rpartie5 and ¢ustomeT5. Llqulthty rKsk In order to maintsin liquidity to ensure that suffi¢ient ndS we available for ongoing Ope105 md fithre delopments. the ¢hattty uses a mixtse of lontr•term and short4emi debt financ Further d¢tails regwding liquidity risk LXTh be found in the Statemellt of a¢countiD8 P)licits iti the fmancial $tale]Thents. Disclosur¢ of infOrntiOn to llditor Each trustEe h&$ taken steps that they ought to have taken &$ a trustee in order io make themselves 4w4re of atty r¢l¢vant audit infomiation and to esthlish that the cb¥ritys audtlor is aware of that itlftimiation. Th¢ trustee5 nfirn) that there is no releVt itthnDation that they know of and of which they know the auditor is un&war¢. The al report was approvgd by theknL8tees of the cbarity on 23 Febnwy 2026 and signed on its behalf by: K Mutton TnLStee
Accessible P&55enger Transport Services Limited Statsment of Trustees, RespoDsibiliti&5 The trustees (who are also the dire¢tots of Aecessible P&s%n8er Transp)rt Services Limtt¢d for the purposes of company law) e respo]Lsible for prEparing th¢ report and the financial siatements in accordance with applicable law and United KiDgdom Accounting Stsndard5 (United Kingdom Getkera]ty Accepted A¢¢ounting Prn¢tic¢l, including FRS 102 The Financial Rery>rting Stsodard applithle in the tJK and Republic of IT¢land" Company law requires the trglet$ to pr¢pare fllwKial statcmcnts frjr cath financial year. Under company law the trustees must not approve the fiDau¢ial statements unle55 they are satisfied thai they wve a ttv¢ and fairview of th¢ state of affairs of th¢ charitable cotDpany and of the itjcoming resources and application of resourr¢s, including its alld expeAdinuA of the charitable compally for that pericd In preparing these fitwJ¢iat statements. the trustres are required to: s¢lect suitable o¢counting polici&$ 3Dd apply them consistendy: observe the methods aDd principles in the Chariti&s SORP. make judgemet¥ts and estimates tbat are reasonable and prnden¢ stste whether applicable acctsuniing stand8rds comprisin8 FRS 102 have beeo fouorf subject to any material depwtures disc105ed and cxplained in the finan¢iat Statunejts" and prepere the financial statcments on the going concern basis w¢S8 it is inappropTi8t¢ to pre5urne that the charitable company wÉll conttnue in bustness. The truste¢s are r¢sponsibl¢ for kttpin8 proper rrfonls that w disclose with rea50n&blt a¢curary at time the finanGial position of the ¢haritable compwry and etsable them to ensu thatth¢ financial statements omply with the CompaTEieS Act 2006. They 8r¢ also re5PODsible for safeguarding the ets of the charitable compsny and henc¢ for taking rwonable steps for the pr¢vention detection of fraud and other irregularities. The trust¢es are rEspollsible for the nLt¢DanCe and integrity of th¢ corwtrrnle and fin8ncial infonnation included on the charitrdblc compatrfs website. LegislatiOD govrrning the pI%p*lOn and dis5¢mination of fjnancial statem may differ from lelAtIOn in oth¢r juriylidioLg. Approved by the trustees of thc charity on 23 FebTWy 2026 and Sid its behalf by: K Mutton Trustee
A¢ees$ible Passenger Transport Serviw Limited Independent Auditor's Report to the Members of Accessible Passenger Transport Services Limited Opinion We have audited the financial ststements of Accc5siblc Passetkger Trnt>sport Seryices Limitd (the '¢hatityl for the year ended 31 March 2025. which comprise the Ststement of Financia] Acttvities. Balance SheeL Statement of C&th Flows, and Notes to the Financial Ststements. including a sumnw of significant a¢¢ountin f• policies. Th¢ financial reporting fiwn¢woTk that has been applied in their preparation is Untted Kingdom AccouDting Sthndards. wmprising Clwtties SOBP- FRS 102 The FIn¢tal R¢WiDg Standard applicable in the UK and Republic of Iretand, and appliLxble law (United KinB&)ty Generally Ac¢epEwI A¢counling Pradtce). tn our opinion the financial statemeEts: give a true and fair view of the state of the Charl affairs &8 at 31 Mar¢h 2025 atLd of its inLmitig resources and application of in¢luding its income and expenditur& forthe yew then ended,. have been properly prepated iti ¢0[da[ with United Kingdom (kn¢r8lly Acvpted Actltstig Prnctic¢' have been prEpar¢d in a¢conlaJw with the wuirrmellts of th¢ CompDies Art2006. BASIS for opinion We ¢onducted our audit in a¢¢oTdance with kntern1on Standards on AuditiD8 IUK) OSAS IUK)) and applicable law. Our respDnSlilI1IcS under those staDdards #ft further desuibed Èn the auditor responsibilities for the audit of the finan¢ial stateTnetsts s¢ction of our reporL We are itidepeDd¢nt of th¢ charity in accordance the ethical requirements that are relevant to our d[ of the fiDancial 51thnents in th¢ UK including the FRC, Ethical Standard, and we have fulfilled our other ethical re5tK>Trsibilitie5 Tn a¢¢ordanc¢ th&4e requirements. We believe th&t the audit ¢vid¢n¢e we bave obthitied is sufficient aod apptowiate ty provide a basi5 for our opinion. Couclusions relating to goÈng concern In wdiiing the falL<l8[ stthnent& hav¢ concluded that thttntstees us¢ of the goitlg concern basis of accounting in the PTepatation of the fjnaD¢ial ststements 15 appropriate. Based on the work w¢ hav¢ perfDmied, wc have not Idelltifi any materiat uncerttiitities relAttng to events or conditions th& individualty or collectively, may c&st sigDifi¢ant doubt on the charity'5 ability to ¢ontinue gs a going concern for a period ofat le&sttwelv¢ montlL5 frotll when the original fitwi¢ial 5tsternents WCIE #uth0ri5ed for issue. Ourrcsp¢)usiBilities 2nd thc KSPDttsibiliti¢s ofthe trustEe5 wilh ttspect lo going concern are des¢nW the relevant sections of thi5 reporL Other infor¥n#lio The trustees are respollsibk for th¢ other InfOrnOL The oth¢r infomtsioD cornprises the InfOatIOn included itt th¢ annual rcporL oth¢r than the r]nancial st¥ternetLts and ow auditor'5 rwrt tbereon. Our opinion on th¢ financial statements docs ttot rn the oth¢r ithfonnatÉon and. except b) the extent otherwise ExpEiGitly stated in our r¢por4 w¢ do not expre55 ally form of assur8nce conclusion theTeo In connection with our audit of the financial sfatemcnty our r¢sp)tbiIIty is to read the other infomlation an in doiD8 SO, COD5ider whether the other infrrmion is matriauy Inc[si$tellt with th¢ fiDancial statttnents or our knowledge obtaina in the audit or oth¢n¥is¢ app¢m to be materially rnisststed. If we identify suth material consistencies or appar¢nt material mrsslatEments. are wuired to deterniine whether there is o material misstateznent in the finallcial siatEtnents or a material mi&t¢t of tbe other inforniation. I£ bosed on the wwk we bav¢ perform¢4 conclude that there is a tDZtuial misststhettt of this other inf0nDatio 8re required to report that fxt. We have nothing tr) rew)rt tnthis tega Pgge 5
Accessible Pwenger Transport Services Limited Independent Auditor's Report to the Members of Accessible Passenger Transport Services Limited Opinioll on other tter prescribed by the Companles Aet2006 In our Opinio bosed on the ThY)rk undertsken iti the course of tb¢ audit the inforniauoll givett in the Tnt¥s, Report for the financi yc4r for which the fjnallcial sktemeots ar¢ prepared is eoDsistcnt wtth the fitEancial 8tat¢ments" and the Trustees, Report bas betD prepared in accord#nee with applicable Iwl mlUiEEm¢tts. matte wbich we are required to report by exceptio In th¢ light of our knowledge and uDderstand%ng of the charity and its envirottmeart obtained in th¢ ¢our5¢ of th¢ audiL we have not identified Tnateriat misstatements inthe Tr, RewL We have nothing to report ill respe£t of the followillg t1 the Companies Act 2006 reqlli u5 to report to you if. our opinion: adequaEe a¢ntIng rewrds bave not beell W or thwate for our wdit have not been received from bran¢h¢5 notvisited by or thc firtanciai st8teEnents ore not in with th¢ aUting tecords and rets]llL%" OT ¢ertain disc105ures of tnthes rAnuDetation specified by law att not made" or wc have not received a]1 the itthrniatxott and explanations w¢ require forour audiL Responslbilities of trustees As explained more fully in the Stthnertt of Tnle¢s, R¢5PNL5ibilitie5 {set out on page 4). the trustees ore responsible for the preparation of the financi8151atunents 8nd for being satssfied that they give a true and fair vi¢w, and for su¢h int¢rna] control &$ the trus(ees deterniine 1$ ne¢essary to eDabl¢ the prepatation of fiwDcia] ststements that are fre¢ from material mi5skteEDl whether due to fraud or error. In preparing the fiDallcial stat¢ments, the trustees are responsibl¢ for a85¢ssing the ¢harity¥ ability to conlinue ag a going Tr¢en dis¢losin& as applithl¢, lated to going ¢oAcern at)d using the going concern basis of accounting unless the trustees either intend to tiquidate the charity or to cease operation4 or have llo Teali5tlc alternative but ts) do so. Auditor r¢sponsli )i]ities for the avdit of the ffflaDci#I stltemetsts Our objecttves are to obt8iTr reasonable assurdn¢¢ about wEkn the fywKial 5tsterneDts &% & wIle are fiye from material misstat¢m¢nL whether due ID frllud or ettor. and to issue an auditor's r¢p)rt that includes our opinion. Reesonable 8ssur&nct is e bigh l¢v¢l of ce, but is llot a gu8ranter ibat an audit conducled in aceordan¢e with ISAS (UK) wtll always d¢tect a materiat Mi&ent when it exists. bfjsstatements can aris¢ from fraud or ertor and are Considered rIal 1£ iThdividuaily or in the aggregate, they Could reasottably be ¢xpted to influ¢¢ th¢ ¢¢onomic decisRoDs of users tsk¢n on the basis ofthes¢ financial statemeThts. Th¢ extent to whith our prOluT¢s aTE w*ble of dd¢¢tiog lrr¢gu]arK iDcludiDg fraud is detsiIed below. hge6
Aeeessible Passenger Transport Services Limited Independent Auditor's Report to the M¢mb¢rs of Accessible Passenger Transport Services Limited Our approach to identsfynig and assesslng the risks of material mis5tstrment in respect of inrgulartties, including fraud and non-¢ompliallce with laws and regulations, Wds as follows: . th¢ engagement partner ensuted that the engagetnent team collectively had the appropriate eompetenee, ¢apabiliti¢s and skills to identify or recognise non-compliance with applicable la and regulations. we identified the laws and regujations applicable to the charity througb disc10$ with StetS and other anagemeD( and frotn our knowledge and experience of the clwiry sector, • we focused on specific laws and regulations wthich we considered n]ay have a direct m*ria] effect on the financial statements or the operations of the charity, inclllding the Cl]2rities Act 2011, taxalion legi51atioD and data protectioJL anti-bnTrw, etnploymeni enviromnentaI and hea]th and safrty legtslatiOD" • we assessed the exlent of con4)liance with the laws and regulations identified ave through aktllg enquiries of mallagement and Inspecting legal correspondence; and . that identified laws and regu]ations were communic8t¢d within the audil team regularly and the team remaiDed alert to instatices of non-¢omplian¢e throughout the 4wJiL Use of our report This report i5 made solety to the charitable company's trustees. as a I. in accordance with Chapter 3 of Part 16 of the Companies Ad 2006. Our audit work ha5 been undertaken so that we might state to the charity's trustees tb05e ujatters we are required to state to them in an auditor's rert and for no other pu]pose. To the fulle extent permttted by law. we do not accepi or assume reS17)i11ty to anyone other than th¢ charitable company and its I1stee5 &8 a for our audit wor< for this re¥ or for the optnions we have fornjed. Paul Roper (Senior Ststutory Auditor) For and on behalf of McKellens, Staw Auditor I l Riverview The Embanknient BsInesS Park Vale Road Heaton Mergey Stockport SK4 3GN 24 Febtw 2026 Page 7
Accessible Passenger Trallsport ServRces Limited ststement of FinaDeial Activities for the Year Ended 31 Marcb 2025 ncluding Income and Expellditure Account aud Statement of Totsl Re¢ognised Gains and Loss45) Unrestricted Totsl 2025 Note Income attd Endowmetsts from: Charitsble a¢tivities Other income 2,839J48 80,147 2.839,348 80,L47 Totsl nJn¢ 1919.495 1919,495 Expenditure on: ChRritabl¢ a¢tivitie8 Other expenditure 11834.581) {82,190 11834,581) 82.190 Totsl exp¢ndituat (1916.771 (2,916,771) Net income 2.724 17?4 Net rnovernent ITr fill 1724 L724 RewncllTrAti0 of funds Totsl ndS brought forward {86.531) 83.80 186.531) Tot81 fuDds wried fOrd 16 18J.807) Total 2024 fund5 locome aMd EndoYrnJents from: Charitable activities Other in¢om¢ 1.859.662 89,964 1.859,662 89964 Total income 1.949,626 1.949.626 pendlthre on". Charitabl¢ acuvitipA Othcr expenditure (1038,41TJ (30,154} (2.038,417) (30,154) Totsl expenditire {2.068.571) 11068,571 Net ¢xpenditure (118.945) {118.94 Net movment in fvnd8 (118,945) (118,945) Retontlliation tsf fllttdj Totsl fijnds brought fonvdrd Tot fiEllds caled ftsrwd 31415 32,4l5 16 (86.530) (86,530 All of th¢ Charity activities d¢EiYe fiom contimiing opuafioDs duting the above periods. The finds breakdovJn for 2024 is sbown in tte 16. The notes on pages 11 ty 18 fomi an integral partof these financial ststements. Pa8e 8
Accessible Passenger Transport Servites Limited (Registration number: 04992200) Balance Sheet as at 31 March 2025 2024 As restited 2025 Note CurTent assets Debtor5 Cash at baDk and in hand 12 13 307,102 551203 875,349 61.290 858,305 936,639 Creditors: Amowits falling due th]ll ottt year Net liabilities 14 942,112) 11.023,169) 186,530) Funds ofth¢ ebArity: Unrestricted intome fundq Unmtrithd fimds {83.807) (86.530) Total funds (86,530) The fiDancial ststem¢Dts on pa8e5 8 to 18 wcre approv&J by the tntstees. 8NI authoris&J for issue on 23 F¢brnary 2026 and si1 on their behalf by. .D LLW K Mutto Trustee The D(ts on pa8&s 11 to 18 forn an intwal partof these financial 5trkm¢nts. Page 9
Accessibl¢ Passenger Transport Services Limited Statement of Cash Floivs for th¢ Year Ended 31 March 2025 2025 2024 No Cg$h flows from operating Aettv£ti¢s Net wh illcom¢l(expeuiSiture) 1724 (118.945) Working capit21 adjustrneDts Decreasellincre8se) in debtOf5 ID¢crewyin¢r¢as¢ in creditors Net e&sb flows from operating activrties Net inct¢asel(de¢rease) in easb aTLd ¢ath equivalents Cash and short-terni dewits C&sh movement 12 14 568247 (81.058 (94.035) 193 987 489913 (18.993) 489.913 551.203 {489,913) IIS,993 61,290 18,993 Cash athd cash equivalents at E April Cash and cash equivalents atJl March 61.290 80283 551203 61,290 Atl ofthe e&sh fiows ar¢ derived from c(*Ltinuing owations durtllg the OF two p¢riod Thc notcs OD PJ8es I I b) 18 forni an integrnl part of these fmancial ststeroents. Page 10
Acce&sible Passenger Transport Services Limited Notes to the Financial Ststements for the Year Ended 31 March 2025 I Charfty status The charity is limited by guarantr4 iHcorp)rnted in. and consequetrtty does not haye share ¢apits]. Ea¢h of the trust¢es is liable to contribute all #mowit not excttding Wil towards the assets of the ¢harity in the ¢vent of liquidation. The address of its registered offi¢e is.. POBOX 190 Longsight Mallchester M124XZ The principal place of bu5ine5S UnitD New Bank Street Mancb¢ster M124TN Th¢se fjnan¢iai statem¢nts w¢r¢ authorised for iwe by the tru51te5 on 23 February 2026. 2 A¢counthi¥ polieKes Sumn)ary orpficIt aeeollllikntig polldes illd key iceountlug eJ¢IDteS The principal accounting policies applied in the preparation of these fiDaDcial 5tatetnents are set below. Th¢s¢ policies have beett consistrotly appli to all th¢ y¢aTS pr¢s¢ntrd unless otherwise Stated. ststetntnt of compliince The financial 5tatcments have been prepartd ill accorilan¢¢ wsth A¢¢ounkng and Repotting by Chariti¢5'. StatEFnent of Recommended Pradice (applicable ts) rh8rities prepariDg their accotmts in a¢cordan¢e with the Financial Reporting Standard applicable in the UK aDd RewJbli¢ of Ireland (FRS 102)) (issued in October 2019) - (Charities SOBP IFRS 102)). the Finan¢ial Rewtiu8 Standard applicable iD the UK 8t Republi¢ of Irtlattd IFRS 102) ond the Companies Act 2006. B15is of prep#rgtio A¢cessible Passenger TranswTrrt Scrvie¢s Limited meets the d¢finitson of apublic ben¢fit entity w)der FRS 102. Assets and liabiliti¢s ar¢ initially recogDi5ed at hists)ricat ctt%t or traL%aLton value uDIess othetwise stated io the w¢levant accounting policy noles. Golllg contern The trvstees Consider that there are no materiat un¢ertaintie5 about the d)aritys ability to contiDue a 80108 ncern norany 5L8nificant of utlcertainty tltht affectthe ¢4nying value of ets held by the ¢harity. Pz8eii
Accessible Passenger Transport SerYi¢4s Limited Notes to the Financial Statements for the Year Ended 31 March 2025 Ckanges in a¢¢oMnting poli¢y Witb tbe charitable stat8 of the company beillg Eeo)gnised iti th¢ yetr thE &COUtts have been prepa¢rd under the provisions of the Charities SORP IFRS 102k having PFCVÉOU51y been prepared solely under the requirements of the Companies Act 2006. There ate no dwg¢s to wmparativ¢ amoutts to thi5 ¢hang¢. Prior period erroTS tn previous ye8ys the ¢hartty had migrnted its aWIt18 data onto a Dew brkeepIng platfoTrn. tn doin8 SO number of balanc&s were brou8ht across FA]1 subsw¢nt]y. We found not to b¢ r¢present2tTve of the athal amoutrts ond so the comparative figu5 have becn rtststtd to rerfjectthe true postiott as at 31StMah 2024. Relating to RtlatiDg ts Relating to prior periods the cllrrtnt the prior beforethe period period prior period dlsdosed kn dL8closed In dlsdosed in tlaese fatal1te8e finaDcialthe5e fuvAllcial ststemeDts ststernents Statements Profit for the yr Fixed (127.747) (1,358) (476,484) 350.095) Cuuent assets CUellt laibilities Income and endowmellts Expetsdithre All expenditttr is Te¢ogttised on¢e there is a or ¢ODsITUCtiv¢ obli8atiotL to that ¢xperylitur4 tt 15 probable sett]ement is required and the amount be measu1 reliably. All costs a a]lO¢d to the applithle expenditure heading that 8ggTegate $imitar costs to that cawry. Wbere costs cantr)t be dilY attributed to particular beadings they hav¢ been allocated on a basis collsisieut with the of resources. with central staff costs allo¢ated on tbe basis of ttme sp¢nL 2nd depreciation charge5 &EI(ated on the p)rtion of the tsset'5 119e. Other support C05ts are all¢xated b85ed on the sprtsd of stsff costs. Churitablt odivitres Charitable expenditure compriKs those o)sts illcurfftl by the djarity in th¢ delivffy of its a¢trities and s¢ryices for its beneficiaries. It includes both costs that can bc allocatEd ditectly to such ti¥LtieS and those costs of all Support costs Support cosis illclude central and bav¢ been allwated to activtty $t •ri¢5 on a b&sis consistent with the use of Ksourc&s. for exampL4 allocating property costs by tloor areas. or w Capi 5tsff wsts by th¢ time spent and oth¢r costs by th¢ir usa8e. P&ge 12
Accessible Passenger Transport Services Limited Iyotes to the Financial Stst¢ments for the Year Ended 31 Mar¢h 2025 Governance costs These include the costs attributsble to the charity's compliaDce with Constib0al aDd 51attrtDry requiremeTrts, T45gtion The charity is wnsidered to the t¢5ts s¢t out io Paragraph I Schtslule 6 of the Finanex Art 2010 and th¢r¢foff it meets the definitton of a ¢haTitable ¢omp8Dy for UK corpx)tation tax puryoses. Acco15)gly, the charity is ]x)tentialty exetnpt from taxation in respect of iDcotne or capitsl Wdill5 Teceivcd wtthin categories covered by Chapter 3 Part I l of the Corpormtton Tax Act 2010 or Section 256 of the T&Kloll of Chargeable Gains Act 199? to the extent that IncoD or gains e appli¢d ¢1$Vety trb chwit8bl¢ putPQS¢5. Trade debtorJ Trade dcbtors ar¢ atnounts due from customm for merchandise sold or seryices pyformd in the ordinary ¢ows¢ of business. Trad¢ debtors are recognised inttsally * the t1CtiOn price. IW are subsequendy measUd at amortised cost using the effKtiv¢ int¢rest methrf lus provision for irnpatrrnenL A provision for the impairnienl of de debtors is estsblished when thue is objective evid¢ll thatthe wiu oot be able to 11¢¢1 atl due a¢¢ording to the otiginal terTDS of the receibles. Cash and e5b equivalents C&sh and cash equivellts comprise on hJnd and call dwit& and other short-terni hithly liquid tnvesthjeots i11 are readily cotsvertible to a known amount of cash and ar¢ subject b) an insignificant risk of ehange ID valu¢. Trade creditors Trzde ereditors are obligations to pay for gr or sViceS that hfft len 4uired in the ordiDary course of busine&s from supplieTh Axounts payable are ¢1[fied as cumt liabilitie5 rf the chaTity does not have an un¢onditional righL at the end of the reportiog p¢riol to defer setti¢mept of th¢ ¢r¢ditor for at least tsv¢lY¢ months after the reporting date. If thcre is an un¢onditional right b) d¢fer setdement for at le8St byelve months after the reporting date. they 2Fe pr&scnted &4 notreurrettt liabilitie5. Trade Creditors are recogntsed iDrti8lly at the ttansa¢tion l¢e and sUbseque4lY measuted at aDlOrti5¢d cost using the effective itElerest rneth(xt. Fund 5t)wctllre Unrestricted income fimds 8fE geAJwal fidS that are available foT YSC #t the trustees dismtion in furthaancc of the objectives of th¢ ch[ty. Po8e 13
Accessible PasseDger Transport Serviw Limited Notes to the Financial Ststements for the Year Ended 31 March 2025 3 IDcorne frow ¢hgritble gdtvities Unr¢strAeted funds GeDerdl Total funds Transport $¢Ni¢¢s 2.839.348 2,839J48 Totsl for 2025 2.839.348 2.839,348 Total for 2024 1.859,662 1.859,662 4 Eipenditur¢ fhgritsbl¢ Actsvitl&% Ullrestrided funds CeDeNI Total funds Note Vehicle rental Vehicle Fuel Insurance Vehicle paIrS & servicing Li¢en¢es, adJniThsitTrtion cA)sts & [nIemajJuS ¢xp¢w Wz8e5 and salari P¢n51on costs Oth¢r staff costs Contra¢tot & self employed drtvexs Governance costs lJ64.401 364,134 149.030 78.799 881 327244 5.095 1,619 536228 7,150 1,364.401 364.134 149.030 78,799 881 327.244 5,095 1.619 536,228 7.150 Tot#1 for 2025 2.834,581 2,834.581 Tot1 for 21124 2,OJ8,417 2.038.417 Page 14
Accessible Passenger Transport Services Limited Notes to the Financial Statements for the Year Ended 31 March 2025 5 Other expendithre Unrestrieted Total General Postage and Cartiage Computer & Software Accoiintan¢y Fees Consultancy & ProfessÈon81 Fees Cleaning Bank and IDkr&8t Bad Debts 353 15.467 1,5 6,327 1.022 1.385 353 15,467 1.500 6,327 1,022 1.385 56,136 Totsl for 2025 82,190 82.190 Totsl for 2024 30,154 30.154 6 of governance alld support Costs Covernattce costs Ullrestrlcted fuDds Generni Tot*l fnnds Audit fees Audit of the financial statements Otherfee5 paid to auditoys 5250 1.900 5250 1,900 Totsl for 2025 7.150 7,150 Total for 2024 7 Net incomingloutgolng tesollrees Net in¢omxngl(out8oing) re50urc¢s for the year inthth: 2025 Alldit fees 5250 Page IS
Accessible Passenger Transport S¢rvi¢4s Limited Notes to the Financixl Statements for the YeY4r Ended 31 March 2025 8 Trn5tees remuneration and exwse5 No tn]sle¢s. nor ony perso lleCted with hw¢ weceivrAI any Temuneration from the cbarity durin8 the y¢ar. No hav¢ re¢¢iv¢d any Teimbu15ed expetLses or #tsy other benefits fnm thccknity during the year. 9 Stsff costs The aggregate payrnll costs were as follows: 2025 2024 Staff tosts durln% the year wer Wag¢s and salaries Pension ¢05ts Other stsff costs 327244 5.095 1,619 3565QO 333958 356.500 The raonthly average numb¢r of persons (in¢luding senior manweDt i leadership tcam) ernployed by the Charity during thc y¢ar eXeSsed Is full tim¢ ]Uival¢llts a5 follows.. 2025 21124 To41 employ¢¢s 70 52 No employee reIved l01ments of tlwi £60.NJO during the year. 10 Auditors, remuuerAtion 2025 Audit of the financia] statements 5.250 Other fees to auditors All other non-audit 5ervice5 1900 11 TA¢10 12 Debtors 2025 2024 Trade d¢btOTS PrtpaynLents 231111 74,991 875J49 307.102 875J49 Pw16
Accessible Pa&senger Transport Services Limited otes to the Financial Statements for the Year Ended 31 March 2025 13 C#sh and casb equivaleDts 2025 2024 Cash at bk Short-terni deposits 550.454 749 61262 28 551 JOJ 61290 14 Creditors: amounts fallltsg due within oneyeAr 2025 2024 Trade ¢reditor5 Other taxation and 11 s¢wity Accrnals 885590 46584 9.938 926,795 96,374 942.112 1.023,169 IS Obliggtiotts nnder Ite$ #Dd hire purtha5e contrac Op¢rAtiDg lease com]ttitmellts Total minimum le&se payrnents norlable operatin8 le&8¢s are &% follows.. 2025 21124 Other Witbin one y 380 1,212 380 1,5Y2 1.592 16 Fullds Balanee at I April 2024 Resollrees eipended Balamce 9t JI March 2025 Ultrestrleted fun Genernl (86531) 2919,495 11916.771) (83.807) B•l•Dce At I Aprll 2023 IneomiDg r¢50urc Ruourc ewded B#lanee at 31 M*reh 2024 Unr¢strirted fwids 32.415 1068.571) (86.530) Py17
Aeeo8sible Passenger Transport Service5 Limited Notes to the Finaneial Ststements for the Yer Ended 31 March 2025 17 Anatysis of llet 4ssets betwew fund5 Totsl fllllds at 31 Mar¢ 2025 Ujtrestrieted fuDds GeDerxi Deslgnated 858 J05 (94 112 936.639 (1,023,169 1.794,944 {1965.281 Curr¢Dt liabilities Total Detets 83.80 86,530 170.33 18 Related party trgnsctio Page 18