Company Registration Number.. 01509231
Charity Number 280698
BRENT COMMUNITY TRANSPORT
COMPANY LIMITED BY GUARANTEE
FINANCIAL STATEMENTS
31 MARCH 2025
GOLDWINS
Chartered Accountants & Statutory Auditor
75 Maygrove Road
West Hampste8d
London NW6 2EG

**BRENT COMMUNITY TRANSPORT COMPANY LIMITED BY GUARANTEE** 

## **TRUSTEES ANNUAL REPORT** 

## **YEAR ENDED 31 MARCH 2025** 

The trustees, who are also directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2025. 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

|Registered charity name|Brent Community Transport|
|---|---|
|Charity registration number|280698|
|Company registration number|01509231|
|Registered office|Office 301|
||10 Courtenay Road|
||East Lane Business Park, Wembley|
||London HA9 7ND|
|Trustees||
|The trustees who served the charity|during the period were as follows:|
||Moses (Resigned on 31 August 2025)|
||Nola Slater|
||Samantha Michele Banton|
||Cynthia Artry|
||Kevin Griffith (appointed on 10 September 2024)|
||Joyce Inoniyegha (appointed on 10 June 2025)|
|Auditor|Goldwins Limited|
||75 Maygrove Road|
||West Hampstead|
||London|
||NW6 2EG|
|Bankers|National Westminster|
||Kingsbury (A) Branch|
||567 Kingsbury Road|
||London, NW9 9EP|
|Solicitors|Withers LLP|
||16 Old Bailey|
||London EC4M 7EG|



**- 1 -** 



BRENT COMMUNITY TRANSPORT
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governlng Document
The charity is ￿nStituted as a company limited by guarantee and is therefor8 governèd by
Memorandum and Articles of Association. dated 25th July 1980 and also registered with the Charity
st
Commissioners on 21 August 1980.
Appolntment, Induction & tralnlng of Trustees
All members are circulatod with invitations lo nominate trustees prior to the AGM advislng them of the
retiring Iruslees and requesting nominations for the AGM.
When considering co-opting Iruslees, th8
Board has regard lo the requirement for any Specialist skills needed.
Organisatlon
The charity is organised so that the directors meet regularly lo manage its affairs. The day to tjay
management of the organlsallon is overseen by the Chlef Exeeullve Offlcer (ln the procgss of re¢ruilingl
and supported by a group ol commllled staff.
Thfr Management Commltloe aro responslble for:
Ensuring good govgrnance ol the charity
Overall management of thè charity
Oversee the budget lor the year
Approving 8ignalorie$ lo the bank aeKounl8
OBJECTIVES AND ACTIVITIES
The company is r&gisl8red as a charllabl8 Gompany limllod by gu8ranlee and was sat up by
Memorandum of Association. The principal object of tha company is lo provide and lo prornote the
eaucalion and reliève the need. hardship, distress, sickn888 8nd mental or physical disabilitigs of persons
resident or working In the London Borough of Brent 8niJ ils surroun(Jing dislricls..
1. Providing transport for su¢h pgrsons or for the removal and storage ol their goods and ¢hotlel8'.
2. Providing transporl for slalulory aulhori1l08 or voluntary organisalions that are engoged in promollng
such education and providing such relief.,
3. Distributing to needy persons furniture which has bèen donated lo Community Transport for that
purpose.
Since the forrnation of the charity much has changed such as the lack ol soci81 housing since Many
social house holders exercised their right lo buy their dwelling, under the Right lo Buy schgmo, the
demographic ch8nge has had an impact on the community's resources, inlrastructurg. and overall
developm8nl. The rnake-up of the populatad is clèar lo see as one group move out and a new grtsup
move in. We are no longer (unless things change in the lulurel providing a removal service for chattels
and storage of furniture, and therefore we don't distribute furnituro anymore. Notwlhstanding our
transport I minibus) services is still robust as ever.
PUBLIC BENEFIT
We have referred lo the guidance contained in the Charity Commissions general guidance on publi
bènefit when reviewing our aims and objectives and in planning our future services. In particular the board
ol trustees consider how our planned strrvices will contribute lo the aims and objectives they have sel.
Organi5ation Mission Statement & Summary of Activities
Our mission is lo help over¢ome so¢ial ex¢lu5ion experienced by the more dis8¢Jv8nlaged persons in our
community by providing affordable and accessible transport lo.. disabled. elderly and needy individuals,
voILJnlary & community organisalions. Day cenlres, Nursing Homes, places of worship, Youth clLibs,
statutory and olheT organisalions in order lo make a difference & benefit the communities, disabled.
elderly, young and other member and tJ$6rs of th8 servi¢8S.
We aim to provide svslainable transport solvlion$ 8nrJ are continuously monitoring the effects of our
organization on the environment by pulling in place rneasures to reduce our carbon foolprinl.

BRENT COMMUNITY TRANSPORT
COMPANY LIM￿ED BY GUARANTEE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Risk management
We continue to review our risk management strategy..
al An annual review of the risks the charity may face.,
bl The establishment of systems and procedures to mitigate those risks identified in the plan..
cl The implomenlalion of procedures designeé lo minirnise any potential impact on the charity should
those risks materialiso.
dl All Trustees and decision-making managers should declare & sign conflict of interest.
The Trustees have analysed the risk of charity operations lo identify possible risks and accordingly take
required actions or have plans in place lo tackle the risks. The table below identifies possible risks and
actions taken for minimizing loss by the charity.
Charity premises
(rental from
Premises remain a major risk as competition and demand for
land in the borough become more acute with developers competing Wlth
business units and housing stocks. The severe shortage of choice in this area
means we are at the mercy of the landlords as the rent Is ever increasing.
due lo the overall economic challenges and the ever diminishing land
available to park our vehicles.
private Landlord)
Shortage of
Drivers & Staff
Oriver shortaggs are Still 8 concern for the organisalion, and
across the transport sector generally. The shortage of
drivers has without doubl driven salary costs up and il's Sn
this area that rnay prove challenging.
During the year we have h8d to ulilize an agency to cover some
contracts which of course are at a higher cost.
Credit Risk Management
The charity does not have any material doubtful debtors at the balance sheet dale and all trade
debtors are recoverable
A¢¢ès*ible vehicle5 & Operations
Our fleet Df vehicles is of the highest spe¢ifi¢alion, and all are within the five- year replacement
programme. Al the vehicles are fitted with a live vehicle tracking device which gives us real lime
access to the location of our vehicles, where they ar8 going, how fast they are Iravelling and how far
they ar8 from the next pick-up destination.
Group Transport
Group transport remalns the only service we currentty provide. The demise ofthe ComRide service, and
the Community Care Scheme where we provide door to door IlndSvidual} a¢¢essible transport for
people who cannot use public transport due lo the lack of funding.
Based on the nurnber of phone calls we still rè¢eivg. the demand for this type of services is very much
need but du¢ to constraint on the public (local authorilyl purse their prioritising of funds, we not al this
stage in a position to r&float the soNi¢e prosenuy.

BRENT COMMUNITY TRANSPORT
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
S¢hool Bus se￿iCe
We continue to provide School bus services to the community and educational organisalions such as
schools who are registered charities and or have continuous charitable activities Ifoundalion.
Oial-A-Ride
London Dial a Ride IOARI is Transport lor London scheme providing accessible door to door
transport. It is non-chargeable service available to people who have a permanent or long term mobility
limilalion.
Local Authority- Brent Council
BCT work closely with the local authority to provide specialized accessibl8 transport lo day
centres and special needs school.
Training
8CT prides itself on ensuring that the workforce is fully trained up as possible. A skilled slaff group
(office and drivers) minimise the risks when providing services.. and as a consequent reduce any
potential legal issues.
We regularly review and update drivers CPC and Minibus Driver and
Assessment Scheme (MIDAS) training and Passenger Assistant on PATS training. This help to fomi part
of our external assessment by FORS and ISO 1501
FINANCIAL REVIEW
Greater scrutiny over our finances is always at the forefront of our minds, especially in the evef
tightening Inalional and globall economic constraints. The number of runs we previously covered has
fallen therefore a decrease in income will be fell.
Naturally, the desire and aim are to source additional contracts and service5 whereby we can rebuild
our reserves and to continue to rneet our obligations to payin9 competitive salaries and improve the
fabric of our OTganisalion.' replacement of vehicles.
The lull financial slate of the org8nisalion can be obtained from our audited accounts.
TRUSTEES. RESPONSIBILITIES STATEMENT
The Trustees Iwho are also the directors of Brent Community Transport for the purposes of company
lawl are responsible for preparirig the Trustees Annual Report and the financial statemenis in
accordance with applicable law and regulations.
Company law reqtJir¢s the trustees lo prepare finan¢ial Statements for each financial year. Undei that
law the trustees have elected to prepare the financial statements in accordance with United Kingdom
Generally Accepted Accounting Pra¢tiee Iunited Kingdom Accounting Standards and applicable lawl.
Under company law the trustees must not approve the financial statements unless they are satisfied
that they give a true and fair view of the state of affairs of the charity and the income and expendilure
of the charity for that period.
In preparing thes$ financial stslements, the trustees are roquired to..
select suitsblg a¢¢ounting policies and then apply them Consistently.,
observg the methods and prin¢ip185 in th8 Charitiès SORP FRS102'.
make judgements and accounting estimates that are reasonable and prudent.,
an
prepare the financial statements on the going Concern basis unlèss it is inappropriate lo
presume that the charity will continue in operation.

BRENT COMMUNITY TRANSPORT
COMPANY LIMITED BY GUARANTEE
TRUSTEES ANNUAL REPORT
YEAR ENDED 31 MARCH 2025
Th9 trusl&&s are responsible for koeping adequate accounting records that are sufficient lo show and
explain the charity's Iransaclions and disclose with reasonable accuracy at any tim8 thfj financial
position of the charity and enable them lo ensurg Ihal the financial statements Comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
lor taking r8ason8ble steps for the prevention anoj dètection ol fraud and other irregul8rilie5,
AUDITOR
Each of the persons who is a trustee 81 the dale of approval of this report confirms Ihal..
80 far a5 each trustee Ss aware, therè is no r81gvant audit Inforrnallon of which the charity's
auditor is unaware.. and tsach trustee has taken all steps that they ought lo have taken as a
trustee lo make them self aware of any rel8vanl audit information and to establish that the charity's
auditor is aware of that information.
The report was approvgd by the truste88 en .16. •12 .Sand approvod on Ihelr behalf by..
Sam8nlha Miehelo Banlon
Trustee

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRENT
COMMUNITY TRANSPORT
Opinlon
We have audited the financial slalemenls of Brenl Community Transport for the year ended 31 March
2025 which comprise the Slalemenl of Financial Activities, the Balance Sheet, slalemenl of cash flows
and the related notes. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard
102.. The Financial Reporting Standard applicable in th8 UK and Republi¢ ol Ireland (United Kingdom
Generally Accepted Accounting PractlCo1.
Oplnlon on flnan¢lal statèmonts
In our opinion the financial slal8menls'.
give a true and fair vi6W ()1 the state of the charitable comp8ny'$ 8ffalrs as al 31 March 2025
and of ils incomè and expenditure tor the year then ended..
have been properly prepared in accordance with United Kingdom Generally Accepl8d
Accounting Practice.. and
have been prepared in accordance with the requirements of the Companles Act 2006.
Bas18 for oplnlon
We conducted our audit in accordance with Inlern81ional Standards on Auditing IUKI IISAS IUKII and
applicable law. Our responsibilities under those standards are further described in the Auditor's
re5ponsibililies for the audit ol the financial slalemenls section ol our report. We arg ind&pendenl ol the
Charity In accordance with the ethical requirements th81 are relevant lo our audit ol the financial
statomenls In the UK, including the FRC'S Ethical Standard and we have fulfilled our other ethical
responslbllllle8 Sn accordance with those r¢quirements. We bglltsve that the audit evidence we have
obtained is sufflcienl and approprialg to provid9 a basis for our opinion.
Con¢lu$lon$ relatlng to going concern
In audiling th8 financial slalemenls, we hav8 Goncluded Ihal Ihe Irusle8s' use ol the golng concem
basls of accounting In the preparation ol the flnanclal $ialgments is approprlale.
Based on the work we have performed. we havg not id9ntiligd any malerlal unc8rtainli88 relating lo
evenl6 or conditlons that, individually or collectively, may cast significant doubt on the charity's ability to
continue as a going concern lor a perlod of al least twelve month5 from whèn the financial statements
re authorSs&d lor Issue.
Our responsibilllles and the responslbilllies of the dlreclor8 with r88pe¢l to going concern 8re descrfbed
In the relevant sections ol this report.
Other Inlormatlon
The Iruslees a￿ responslble lor the other Informallon. The other Informatlon comprfses the
information included in tho annual report other than the financi81 slalemenls 8nd our auditor'5 report
Ihergon. Our opinlon on Ihg financial slalements does not cover Ihg other information and. except lo
the &xtent otherwis8 explicitly stated in our report, we do not express any form ol assurance
conclusion Ihereon.
In connection with our audit of the financial stBtemenis, our r8sponsibility is lo rèad the other
information and, in doing so, Consider whether the other Informatlon Is matedally inconsistent with Ihe
financial slal8mgn¢s or our knowledge oblalned in the audit or otherwise appears lo be materially
misslaled. If we identify such m81erial incon8istsncie8 or apparent mal8ri81 misstslemenls, we ar&
required lo
detemine whether the￿ is a material misslalement in the financial statements or a material
misstatement ol the other information. If, based on the work we have performed, we conclude that
there is 8 m8téri81 misstatèment of this other information. we are reqUI￿d to report Ihat fact.
We have nothing to report in this rogard.

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRENT
COMMUNITY TRANSPORT
Opinion on other matter prescrlb•d by the Companles Act 2006
In OLJr opinion, based on the work undertaktsn in the course of the audit..
thè information given in the Iruslees. report {incoTporaling the directors. report) for the financial
year for which the financial statements are prepared is consislenl with the financial slalemanls.. and
the Iruslees. report lincorporaling the directors. report) have been prepared in accordance with
applicable legal requirements.
Matters on whlch we are rtrqulrtrd lo rtrport by excoption
In the light of the knowledg¢ and understandlng ol the Charity and Its environment ob¢8ined in the
course of the audit. we have not identified material misstatements in tha Truste6s' Annual Report.
We have nothing lo report In respect of the following rnallers where the Companies Act 2006 requires
us io report to youll. In our oplnlon..
adèquatè aceounling records have not been kept or returns adequate for our audit have not
bèèn received from branches not visited by us., or
the financial stalom9nl$ are nol in agrggmonl wilh the a¢counling records and returns., or
c&rtaln disclosures ol Iruslees, remuneration specified by law are not made., or
we have not receSved all the Informallon and explanations we require for our audlt.
ResponslbllStl•s of th• truste•s
As explainad more fully in the Tru$l&os' Respon5ibili1105 Slalement, the Iruslees (who are also tho
directors ol the charilablg company for tho purposes of company lawl are responsible lor the
preparation of the flnanclal slalemenls and for b8lng salisligd that they give a truo and fair vi9w and
for such internal control 88 they determine Is n8coss8ry lo enable the prep8rallon of financlal
slalements that are fr90 from materlal mlsstatemonl. whether due lo fraud or error.
In preparing the financial slalemen15, the trustees 8re responsible for assgsslng the Charfty's ablllty to
continue as a going concern, disclosing, as appllcable, mattgrs rololed to going concern and using thè
going concern basis of accounllng unless Ihe Irustees ellher Intend to Ilquidale the Charity or lo caase
operations, or have no reallslic alternative but lo do so.
Our responslbilltl•s for thè audlt of thg financlal statements
Our objectives are lo obtain rè8son8ble assurance about whether the financi81 $181om8nts as a whole
are Iroe from material misslalemenl, whether due to fraud or error, and to issue an audllor's report Ihal
includes our opinion. Reasonable 8ssuranc8 is a high lavel ol assurance. bul is not 8 gu8ranlee Ihal
an audit conducted in accordance with ISAS IUKI will always detect a material misslalemenl when11
exists. Misstatements can arise from fraud or error and are considered material il, individually or in the
aggregate, they could reasonably be expèctèd to influence the economic decisions of users taken on
th8 basis of Ihesg financlal statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities. outlined above, lo delect material misslalemenls in r8specl
of irregularities, including fraud. The exlenl lo which our procedures are capable of delecling
Irregularilias, Including fraud are set out below.
In idantifying and assessing risks of m8t8ri81 misgtxlemenl in respect of irregularities. includlng froud
and non-compliance with laws and regulations, our procedures included the following..
We enquired of management, which included obtaining and reviewing supporting
documentation, concerning the charity's policies and procedures relating to..
Delecling, evaluating, and complying with laws and regulations and whether they werg aware of
any instances of non-compliance.,
Detecting DI the risks of fraud and responding whether they have knowledge of any actual or
suspected fraud.,

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF BRENT
COMMUNITY TRANSPORT
We obtained an understanding ol the legal and regulatory framèwork that the charity operates
In, focusing on those laws and regulations that had a material effect on the financial statements or that
had a fijndamentsl effect on the operations ol the charity from our professional and sector experience.
We performed analytical procedures lo delect any unusual or unexpected rglalion5hips that
may indicale risks of material misslatemenl due to fraud.
Because of the inherent limitations of an audit, ther8 is a risk that we will not deteel all irregularities,
including those leading lo a material mi5slalemenl in the financial slalemenls or non-compliance with
regulation. The risk is also greater regarding irregularities occurring lo fraud rather than error, as
fraud involves intentional concealment, forgery, coSlusion, omission or misrepresenlalion.
A further description of our responsibilities for the audit ol the financial slalemenls is located on the
Financial Reporting Council's website al.. Iwww.Irc.org.uklauditorsresponsibililiesl. This description
forms part of our auditor's report.
U84 ol our rtport
This report is made solely lo the charitable company's members. as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. our audit work has been undertaken so that we
rnighl st8le lo the charity's members those mallers we are required to slate lo Ihew in an auditor's
report and lor no other purpose. To the fullest exlenl permill8d by law, we do not accept or assume
responsibility to anyong Other than the charity and the charity's members as a body, for our audit work,
lor this report. or for the opinions we have formed.
Anthony Epton (Senlor Statutory Audltorl
for and on bohalf of
Goldwins Llmlled
Statutory Audllor
Chartor¥d A¢countants
75 Maygrovg Road
West Hampsl•ad
London NW6 2EG
Date.. 19 December 2025

Brent Community Transport
Statement of financial activities
(incorporating an income and expenditure account)
For the year ended 31 March 2025
2025
2025
Unrestrlcted Restricted
funds
funds
2025
Total
funds
2024
Total
funds
Notè
Income from..
Donations
Charllable activities..
GH, D-2-0 ComRide Community Bus &
Membership
Conlr8cI Transport Services
School Transport Services
Investment income
20,949
20,949
185.541
638.197
163,112
38
185,541
638,197
163,112
38
176.030
595.£79
250,301
48
Total Sn¢om•
1,007,837
1,007,837 1,022.058
Exp•ndlture on:
Charitable acllvib'es,.
GH. D-2-0 ComRSde & Memb8rshlp
Community Car Scheme ICCSySocial
Services P8
Contract Transport Services
School Transport Services
165,874
165,874
180,189
3,839
682, 104
144.339
3,839
682,104
144,339
607,114
223,650
Totsl èxpend5ture
996,156
996,156 1,010,953
Ngt mov•ment In funds
11,681
11,681
11.105
Roconclllatlon of funds:
Total funds brought forward
17
418,219
52,800
471 019
459,914
Total funds carrled lon¥ard
429,900
52,800
482,700
471,019
Ail of the above results are dedvad from continuing acllvltle8.
There were no other recognised gains or losses oth8r th8n Ihosg slated above.
The attached notes form part of th989 financial stalemenls.

Brent Community Transport
Balance sheet
As at 31 March 2025
2025
2025
2024
2024
Note
Fixed assets:
Tangible 8s5els
Investments
10
11
270,612
289,676
270.613
289,677
Curr¥nt a55?ts:
Debtors
Cash at b8nk and in hand
12
262,650
75,764
338,414
227,692
84,919
312,611
Llabllllles.,
Crgdllors.. amounts falling due within ong yoar
114,162
108,900
Not currènl a$s•t8
224,252
203.711
Llabilitle5:
Creditors.. amounts falllng dug aftgr more than one year
14
112,1651
122,3691
Total nat a$$•t•
482,700
471,019
Fund
Restricted funds
Unreslrlcled funds..
Revalualion
General funds
Total unreslricled fund5
17
52.800
52,800
167,000
262,900
167,000
251,219
429,900
418,219
Total funds
482,700
471,019
The financSal sl81omenls have been prepared in accordance with the special provisions for small companies
under Part15 of th8 Companies Act 2006.
Approved by the Iruslees on
18 December 2025
.and signed on their behalf by..
amantha Mlctteie Banlon ICha5rl
Company reglJtration no. 01509231
The attached notes form part of the f1nancial statements.
-10

Brent Community Transport
Statement of Gash flows
For the year ended 31 March 2025
Noto
2025
2025
2024
2024
Cash flow$ from operating activities:
Nel cash provided by I lused inl operating activities
18
1,011
21,279
Cash flows from investing activlti•s=
Inleresu renu dividends from investments
Proceeds from the sale of propety.plant and equipment
38
48
15,000
Cash provided by I lus•d Inl investing a¢tivities
38
15,048
Cash flows from financing activities-
Repayments of borrowing
{10,2041
110,0181
Nel cash provided by (used inl financing activities
110,2041
110.0181
Change in cash and cash •qulval•nts In th& year
19,1551
26,309
Cash and cash equivalents at the beginning of the year
84,919
58,610
Cash and cash equivalent5 at the end of the year
19
75,764
84,919

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
1 Accountlng polS¢les
8asls of prfrparatlon
The financial statements have been prepared in accordance with Accountin9 and Reporting by
Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland
IFRS 102 - effective 1 January 20151- ICharili&s SORP FRS 1021 and the Companies Act 2006.
The charitable company meels the definition ol a public benefit entity under FRS 102. Assets and
liabilities are initially recognised al historical cost or transaction value unles5 otherwise slated in the
relevant accounting policy or note.
Golng conc•m
The trustees consider Ihat there gre no materi81 uncertainli88 about the charitable companls ability
lo continue as a going con¢ern.The Iruslees do not consider that there are any sources of
eslimalion uncertainly at the reporting date that have a significant risk of causing a material
adjuslmenl lo the carrying amounts of assets and liabilities within the next reporti'ng period.
Income
Income is recognised when the charily has enlillemonl lo the funds, any performance condilions
attached to the Income have begn mgt, It Is probable that the Sncome will be recelved and that the
amount can be measured rallably.
Income from government and other grants, whether 'capital' grants or 'revgnue' grants, is
reGognis8d when the charity has enlillemenl lo the funds, any performance conditions 8118ched lo
the gran15 have been met. il is probable that th8 income will be received and the amount can b8
measured reliably and is not deferred. Incomp received in advance for the provision of specified
5ervicg is delerred until the criteria lor incomo recognition are mel.
For legacies. entitlement is taken as the earlier ol the dale on which either.. the charity is aware that
probate has been gronted, the estat8 has been linalised and nolificalion has been made by the
execulorlsl to Ihe charity that a distribution will be made, OT when a distribution 15 received from the
eslale. Receipt of a legacy, in whole or In part, Is only considered probable when the arnounl can be
measured reliably and the charity h8s been nolilied ol the exoculorfs Intention to make
distribution. Whore legacies have been notified lo the charity, or the charity is aware ol the granting
ol probate. and the criteria lor income recognition have not been mel, then the legacy is a treated as
a conlingenl a5sel and disclosed if material.
Donations of gift$, s•r¥le•s and facilltiès
Donated professional services and donated facilities are recognised as income when the charity ha5
control over tho item or received the setvice, any conditions associated with the donation have been
met, the receipt of economlc benefit from the use by the charity of the item is probable and that
8conomic benefit can be measured reliably. In a¢cordance with the Charities SORP IFRS 1021,
volunle&r time is not recognised so refer lo the Irusloes, 8nnual report for more informallon 8boul
their conlribulion.
On receipt, donated gills, professional sorvices and donated facilities are recognised on the basis of
the value of the gift to the charity which is th8 amount the charity would have bèen willing to pay to
obtain services or facilities of equivalent economic benefit on the open m8rket.' 8 corresponding
amount is then recognised in expenditurg In the period of Teceipl.
-12

Brent Community Transport
Note5 to the financial statements
For the year ended 31 March 2025
1 A¢countlng policles l¢ontlnu&dl
Interè$t recelvablo
Interest on funds held on deptssil is included when receivable and the amount can be measurod
reliably by the charity., this is normally upon notification of the interest paid or payable by Ihts bank.
Fund accountlng
Unrestricted funds are available lo spend on activities that further any ol the purposes ol chafily.
Designated funds are unreslricled funds of the charity which the trustees have decided al their
discretion lo sel asidè to Use for a spe¢ific purpose. Reslricled funds are donations which the donor
has specified are lo be solely used for particular areas of the charity's work or for specific projec15
being undertaken by the charity.
Expendlture and Irrè¢overable VAT
Expenditure is recognised once there is a legal or conslrucllvè obligation lo make 8 payment lo
third party, it is probable that settlement will be required and the amount ol the obligation can be
measLJred reliably. Expenditure is classified under the following activity headings..
Costs of raising funds comprise of trading costs and the costs incurred by the charitable
company in inducing Ihbrd parties lo make voluntary conlrlbulions lo It, as well as the cost of
any a¢livlli88 with a fundraising purposè.
Expenditure on charitable aclivilie5 Includes the costs ol dellvgring 8clivilies undertakon to
further the purposes of tho charity and their associatod support costs.
Other expenditure represents those itams not falling Into any olhor heading.
Irrecoverable VAT is charged as a cost agalnsl thè activity for which the expenditure was incurred.
Allo¢atlon of support ¢ost$
Support costs are those luncllons that assist the work of the charity bul do not directly undortake
charitable aclivilies. Support costs include back office costs, finance, personnel, payroll and
governance Costs which support the charity's aclivilies. The8e costs have boon allocated between
cost of ralsing funds and exponditure on charltable aclivilies.
Operating leases
Rental charges are ¢harged on a slr8ighl line ba313 over the term of the lease.
Tangible fixed assets
Items of equipment are capilalised where the pur¢h8se price exceeds £1,000. Depreciatlon 18
provided at rates calculated lo writè down the Gosl of each asset to ils 881imaled residual value over
its expected useful life. The d8preclalion ratès in u38 are as follows..
Fixtures and fittings
Motor vehicles
20°A SL
Slocks
Stock is included al the lower of cost or net realisable value. Donated items of stock are recognisèd
( fair value which is the amount the charity would have been willing to pay lor the items on the open
market.
Debtors
Trade and other debtors are ￿cOgnISed at the 5elllemenl amount due after any trade discount
offered. Prepayments are valued at the amount prepaid nel of any trade discounts due.
-13

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
1 A¢¢ountlng policies Icontinuedl
Cash at bank and In hand
Cash 81 bank and cash in hand includes cash and short term highly liquid investments with a short
fllalurily of three months Dr less from the dale of acquisition or opening ol the deposit or similar
account.
CT?dltors and provlslons
Creditors and provisions are recognised where the charily has a present obligation resulting from
past event that will probably result in the transfer of funds lo a third p8rty and the amount due lo
settle the obligation can be measurad or estimated reliably. Creditors and provisions are normally
rgcognisgd al their settlement arnounl after allowing for any trade discounts due.
Flnanclal In$twm•nts
Th8 charity only has financial assets and financial Ilabililies of a kind that qualify 88 b881¢ financial
instruments. Basic financial instruments are initially recognised al transaction value and
subsequently measured al their selllemenl value with the exception ol bank loans which are
subs8qu8nlly measured al amortised cost using the efteclive inter051 method.
P•nsion8
The chgrily conlribul83 lo a deflned contribullon pension scheme currently with Standard Lifo. The
charlly's penslon policy is lo contribute lo the pension scheme lo match Individual slaff chosen
contribution up lo 50/0 which will Cover pension legislation changes and the r6quiremenl. Also as per
governmant introducad ponsion legislation, the charity's staging d8le for pension was 1. October
2015. The assets of the scheme 8re held separately from those of the charity in an independently
adminiyterod fund. The monthly pension cost ¢harg88 to the finBncial $t81emgnl of the charity
represents contributions payable under the scheme by the charity lo the fund. The chorily has no
liability under the scheme other than for the payment of those ccjnlrfbullons.
-14-

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
2 Detailed comparatives for the statement of financial a¢tivitie$
2024
2024
Unrestricted Restricted
Funds
Fund¥
2024
Total
Funds
Income from=
Charitable activities..
GH, D-2-D ComRid8 &
Membership
Community Car Scheme ICCS). LB Brent Social Services PB
Contract Transport Service5
School Transport Services
Investments
176,030
176,030
595,679
250,301
48
595,679
2SO.301
48
Total income
1.022,058
1,022,058
Expenditurè on:
Charitable aclivilies..
GH, D-2-D ComRide Community Bus & Membership
Contract Transport Services
School Transport Services
180,189
607,114
223,650
180,189
607.114
223,650
Total expenditure
1,010,953
1,010,953
Nèt mo¥•ment in funds
11,105
11,105
Total fund5 brought forward
Total funds carrled forward
407,114
418.219
52,800
52,800
459.914
471,019
3 Income from donation & grants
2025
Total Unrestricted Restricted
2024
Total
Unrestricted Re51ricled
Donations
Gran15
3.000
17,949
20,949
3,000
17,949
20,949
-15

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
4 Income from charitable
2025
Total Unrestricted Restricted
2024
Total
Unrestricted Reslricled
-D ComRi
Community Bus &
Membershi
Membership
GH, D.2-D ComRida
Community 8us
Total for Actlvlty 1
450
450
1,300
1.300
18S,091
185,541
185,091
185.S41
174,730
J76.030
174,730
176,030
Community Car Scheme
ccs
Isocial Services PB
CommLJnity Car Scherne
Total for Activlty 2
Contract Trans
Contract Sales
Dial-8-Ride Transport
Total for Actlvity 3
ort Servl¢fy$
216,759
421,438
638.197
216,759
421,438
638,197
172,082
423,597
595.679
172,082
423,597
595,679
School Trans
School Runs
Total for Acllvlty 4
ort Servl¢es
163,112
163,112
163,112
163,112
250,301
250,301
250,301
250,301
Total Income from
charltablfr a¢tlvltle$
986,850
986.850
1.022,010
1,022,010
S Income from Inv•8tm•nts
2025
Tot81 Unreslricled Reslricled
2024
Tot81
Unrestricted Reslricled
Bank interest
38
38
38
38
48
48
48
48
-16

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Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
Net income I lexpondlturel for the year
This is slated after charging I Icredilingl..
2025
2024
Operating lease rentals..
Property
Depreciation
Loss I Iprofitl on dispos81 of fixed assets
Auditor's remuneration..
Audit fees
91,778
19,064
84,648
19,064
6,400
5,400
5,400
AnalysSs of staff ¢o$ts. trust•• rernuneratlon and oxp•ns•$. and the cost of koy manag•m•nt
personnel
Staff costs wero as follows..
2025
2024
Salariès and wages
Social security costs
Employer's contribution lo defined conlribullon pensien schemes
395,670
28,989
16,573
441,232
382,172
30,259
15.918
428,349
No employee recelved employee bgnefi15 lexcludSng employer penslonl during the year b9tWogn of more
than £60,000.
The total &mployoe bonellls Including pensSon contributions ol the key management pgrsonnel were nil
12024.. £NS11.
The charity tru$t¢es were not paid or received any other beneflls from employment with the Charity or Ils
8LJbsidiary in the year12024.' Nill. Moses, thè Chair, provides free ol charge services to the charlly lor two
days a week. He has not been reimbursed any Iravelling expenses12024.' Nil) or training expenses during
the year 12024.. Nil) No charity Irusl8e received payment for professional or othgr seNiGes suppliod lo
the ¢harity12024.' Nill.
Staff numbern
The av&rage number of employe88 Ih8ad count basèd on number of staff employedl during the year was
as follows..
2025
No.
22
22
2024
Transport services
24
24
Taxatlon
The chariiable company is exempt from corporation lax as all its income is charitable and 13 applied for
charitable purposes.
-19-

B￿nt Community Transport
Notes to the financial statements
For the year ended 31 March 2025
10 Tangible fixed asset$
Fixtu￿$ and
fittings
Motor Refurbishment
vehi¢18S
costs
Total
Cost
At the start of the year
Additions in year
Disposals in year
At the end of th• year
52,200
568,638
31.711
652,549
52,200
568.638
31,711
652,549
Depre¢latlon
At the start of tho year
Charge for the year
Eliminated on disposal
At the end of tha y•ar
52,200
278.962
19.064
31,711
362,873
19,064
52.200
298.026
31,711
381,937
Net book value
At the end of the year
270,612
270,612
Al the start of the year
289,676
289,676
All ol the above assets are used for charitsble purposes.
11 Investments
2025
2024
Investments at falr value:
Investment in subsidiary undertakings incorporated in the UK
Brent CT Enginéoring Limited
Aggregate capital and reserves
8.328
7,918
12 Debtors
2025
2024
Trade debtors
other debtors
Prepayments
122,125
96.068
44,457
262,650
109,436
81,326
36.930
227.692
13 Creditors.. amounts falling due within onè year
2025
2024
Trade cr8ditors
Taxation and social security
Other creditors
Accruals
50.989
19.241
38.732
5,200
114,162
59.013
13,341
31,346
5,200
108.900
-20-

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
14 Creditors.. amounts falllng due after more than one year
2025
2024
Bank loan
12,165
12,165
22,369
22,369
15 P•nsion Scheme
The charity operates a defined contributions pension scheme.
16 An•lyslJ ol not assets between funds
General
unreslricled Revaluation
ReslrScled Total funds
Tanglble fixed assets
Investments
Net current asset$
Non current liabilitie5
Net a55ets at the end of thfr year
50.812
167.000
52,800
270,612
224,252
12,165
262 900
224,252
12,165
482,700
167 000
52,800
16a Analys18 of n•t a888ts b8tw88n funds Iprlor year
General
unreslricled Revaluallon
Reslrlcled Total fund
T8ngible fixed 88sel8
Investments
Net current assets
Non Current liabililios
Net assets at thg ond of the ygar
69.876
167.000
52.800
289,676
203.711
22.369
251219
203,711
22,369
471019
167 000
17 Mov•m•nts In fund8
Al Ihg stsrt
of th8 year
Income & Expenditure
gains
& losses
At Ihe end
Transfers of thè yaar
Restrlcted funds:
DFT Community Bus Fund
Total r•$trl¢t•d fund$
52,800
52,800
52,800
52,800
Unrestrlcted funds:
General funds
Rev3lu81ion
Total unre¥tri¢t•d funds
251,219 1,007,837
167,000
418.219
1996.1561
262,900
167,000
429,900
1,007,837
996,156
Total Funds
471,019
1,007,837
996.156
482,700
-21

Brent Communlty Transport
Notes to the financial statements
For the year ended 31 March 2025
17a Movements in funds Iprlor year)
Al the start
of the year
Income & Expenditure
gains
& losses
At the end
Transfers of tha yaar
Re¥tri¢ted funds:
DFT Community Bus Fund
Total r¢$trlcted funds
52.800
52,800
52,800
52.800
Unrestrlcted funds:
General funds
Revaluation
Totsl unrestrl¢tsd funds
240,114
167,000
407.114
1,022,058 11.010,9531
251,219
167.000
418,219
1,022,058
1,010.953
Total Fund¥
459,914
1,022,058
1.010 953
471 019
PurposBs of restrlet•d funds
Reslricled funds relate lo two minibuses donalod lo the charity IDK66CHL £70k and DK66CHN £70kl.
18 Reconclllatlon of not Income I lexpendlturel 1¢ not ¢a$h flow from operallng actSvltl•$
2025
2024
Net Incom• I lèxpendltur•l for the reportlng ￿rIOd
las par th8 Statèment of Ilnan¢ial activities)
Depreciation
Interest, rent and dividends from inveslmenl$
Lossl Iprofill on the salg of fixed assets
Ilncreasey decrease in debtors
Increasel Idecrgasel in credito
Net cash provld9d by I lu$ed Inl ¢p•ratlng a¢tlvltlo#
11.681
11,105
19,064
1381
19,064
1481
6,400
132.5311
17,289
21,279
134,9581
5,262
19 Analysls of cash and cash •quiv*lonts
AI 1 April
2024 Cash flow5 Other changes
At 31 March
2025
Cash 01 bank ond in hand
84.919
19,1551
75,764
Total cash and cash equlvalents
84.919
9.155
75.764
-22-

Brent Community Transport
Notes to the financial statements
For the year ended 31 March 2025
20 Operating lea$fj commltments
Total futuro minimum lease payments under non-c8n¢ellable operating leases arg Bs followy..
Property
2025
Property
2024
Less than 1 y8ar
1 5 years
98,556
139,621
23B,177
93.186
238,177
331,363
21 Logal statuts of the charity
The charity is a cornpany limited by guarante8 8nd has no Share capital. Each memb8r 19 liable lo
contribute a sum not exceeding £1 in the event of the charity being wound up.
22 Related party transa¢tlon*
As al the year-end, Brent CT Engineering Lid, the wholly-owned subsidi8ry owed the charity £43.193
12024.. £43,193).
There are no other donatlons from related parties which are outslde tho noimal course of business and
no r8Stri¢tgd don8llon8 from r85818d partles.
-23-