## **HOUNSLOW COMMUNITY TRANSPORT LIMITED**
# **FINANCIAL STATEMENTS 31 MARCH 2025**
**Registered Charity No. 291410**
**Company No. 1804094**
**LFM Chartered Accountants 23b Lenten Street Alton Hampshire GU34 1HG**
**HOUNSLOW COMMUNITY TRANSPORT LIMITED**
**REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
|**CONTENTS**|**PAGE**|
|---|---|
|Company and Charity information|1|
|Report of the Trustees|2 to 4|
|Independent Examiner’s Report to the Trustees of||
|Hounslow Community Transport Limited|5|
|Statement of Financial Activities (including||
|Income and Expenditure Account)|6|
|Balance Sheet|7|
|Notes to the Financial Statements|8 to 12|
|Non-statutory pages:||
|- Detailed Income and Expenditure Account (Total)|13|
|- Detailed Income and Expenditure Account (Minibus Hire Service)|14|
|- Detailed Income and Expenditure Account (Furniture Recycling Project)|15|
|- Detailed Income and Expenditure Account (Shopmobility)|16|
**HOUNSLOW COMMUNITY TRANSPORT LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025**
**COMPANY NUMBER** 1804094 (England and Wales)
**CHARITY NUMBER** 291410 **DIRECTORS/TRUSTEES** Bernard Robson John Stephens Lorna Stephens
**REGISTERED OFFICE**
**REGISTERED OFFICE** 9 Montague Road Hounslow Middlesex TW3 1JY **INDEPENDENT EXAMINER** LFM Chartered Accountants 23b Lenten Street Alton Hampshire GU34 1HG **BANKERS** CAF Bank Limited Kings Hill West Malling Kent ME19 4JQ Barclays Bank UK PLC 1 Churchill Place London E14 5HP
**HOUNSLOW COMMUNITY TRANSPORT LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025**
The Trustees, who are also Directors of the company, submit their Report and the audited Financial Statements of the Charity for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice Accounting and Reporting by Charities (SORP 2005) issued in March 2005 in preparing the Annual Report and Financial Statements of the Charity.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The Charity is a company limited by guarantee and does not have share capital. The funds received from grants and trading activities are mostly unrestricted and may be used in the furtherance of the Charity’s objectives in accordance with the Memorandum and Articles of Association, the Charity’s governing documents.
The charitable services provided by the Charity are for the benefit of residents and social/ethnic groups in the London Borough of Hounslow and surrounding areas.
A Trustee must not receive any payment of money or other material benefit (whether direct or indirect) from the Charity except as provided for in the Memorandum of Association eg for reasonable traveling, hotel and other expenses properly incurred by them in connection with their attendance at meetings or otherwise in connection with the discharge of their duties. The Charity has the power to make any investment, which the Trustees see fit, but only after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification.
The company is controlled by a Management Committee elected from the Charity’s membership and in 2024/25 consisted of the Trustees and two other members.
The role of the Management Committee is to oversee the overall management of the company and to ensure that the Charity complies with all of the necessary legal and charitable requirements, with appropriate monitoring of financial policies and procedures.
The Trustees who served during 2024/25 were:
Bernard Robson John Stephens Lorna Stephens
None of the Trustees has any beneficial interest in the company. All the Trustees are members of the company and guarantee to contribute up to £1 in the event of a winding up.
New Trustees are nominated by the membership for election at each of the Charity’s Annual General Meetings. Persons co-opted by the Management Committee normally serve a probationary period before being put up for election as a Trustee.
The Trustees have examined the major risks which the Charity faces and seek to control these risks to mitigate any impact that they may have on the Charity.
## **OBJECTIVES AND ACTIVITIES**
The objectives of the Charity are to provide the following services to individuals and social/ethnic groups within the London Borough of Hounslow and surrounding areas:
## **Minibus Hire Service**
The Charity provides safe, accessible and affordable transport to individuals and social/ethnic groups of every kind in the London Borough of Hounslow and surrounding areas. The Charity makes a meaningful contribution to reducing social exclusion and increasing access across Hounslow and places beyond that residents wish to visit. Most of the minibuses in the fleet are wheelchair accessible. The Charity provides opportunities for young
**HOUNSLOW COMMUNITY TRANSPORT LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025**
offenders in Hounslow to undertake community service by providing appropriate and worthwhile tasks for them to undertake.
## **Furniture Recycling Project**
The Charity runs the Furniture Recycling Project which provides good quality furniture and household appliances on a low cost basis to residents in the London Borough of Hounslow and surrounding areas that are considered to be in need and who have been confirmed as such by eg Social Services, the London Borough of Hounslow Homeless Persons Unit, local charities and church welfare groups. In addition, the Charity, in conjunction with the Hounslow Probation Service and other similar services, provides opportunities for people to undertake community service working for the project.
## **Shopmobility**
The Charity runs the Shopmobility service in the London Borough of Hounslow, providing a range of batterypowered scooters and wheelchairs that can be hired at affordable prices by residents of the borough and visitors of all ages with mobility problems and thereby provide for them access that they would not necessarily have had to central Hounslow for shopping and other visits.
## **ACHIEVEMENTS AND PERFORMANCE**
From the start of 2024/25, discussions on the future of the Charity were undertaken by the Management Committee as the financial projections indicated very clearly that the prospect of operating at a surplus in the future were very unlikely.
At a specially convened meeting of the Management Committee on 3[rd] February 2025 the decision was made, after a lengthy discussion, to close all the services manages by the Charity with a target date of 31[st] March 2025.
The target date was achieved, with the office premises at Montague Road and the Furniture Recycling Project premises both being vacated by the end of June 2025. The Shopmobility premises at the Blenheim Centre will be vacated, in line with the six month notice period, at the end of September 2025.
The future of the Charity will be subject of discussion by the Management Committee later in 2025. The balance of the funds held but the Charity when all assets have been sold should be £80k.
The Furniture Recycling Project achieved a turnover of £241.8in 2024/25 which is 4.58% less than the previous year. The Minibus Hire Service achieved a turnover of £91.2k in 2024/25, a decrease of 7.92% on the previous year.
Shopmobility had very few scooter and wheelchair bookings during 2024/25.
## **FINANCIAL REVIEW**
Details of the financial performance for 2024/25 are set out on pages 6 to 16. The Charity incurred a deficit of £89.9k for the year ended 31 March 2025.
The principal source of funding for the Charity in 2024/25 was the revenue received from the contract with the London Borough of Hounslow. The tender documents for the new contract starting 1[st] April 2025 are due to be received in the autumn.
## **RESERVE POLICY**
It is the policy of the Charity that an unrestricted and undesignated reserve should be maintained at a level of at least £45k to ensure that the Charity can:
**HOUNSLOW COMMUNITY TRANSPORT LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025**
- Maintain sufficient cash flow to allow time for payments to be received for use of the Charity’s services.
- Allow for unplanned repairs or maintenance problems with the Charity’s fleet of vehicles.
- Allow for the late payment of grants and other external funding and possible debt problems.
- Meet current liabilities in respect of rent, lease agreements and other creditors.
- Provide for potential redundancy costs and long-term sickness.
The Trustees consider that reserves should be maintained at this level to ensure that, in the event of a significant drop in funding, the Charity will be able to continue its current activities whilst consideration is given to ways in which additional funds may be raised. This level of reserve required by the Charity is reviewed on an annual basis.
## **DIRECTORS/TRUSTEES’ RESPONSIBILITIES**
Company law requires the Directors to prepare Financial Statements for each financial year which give a true and fair view of the state of the Charity at the end of the year.
In preparing those Financial Statements, the Directors are required to select suitable accounting policies, as described on page 8-9, and then apply them on a consistent basis, making judgments and estimates that are prudent and reasonable. The Directors must also prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the Charity will continue with its charitable objectives.
The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the Financial Statements comply with the Companies Act 1985. The Directors are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **INDEPENDENT EXAMINERS**
A resolution to appoint LFM as independent examiners for the ensuing year will be proposed at the Management Committee meeting held in August 2024 in accordance with Section 385 of the Companies Act 2006.
## **SMALL COMPANY EXEMPTIONS**
This report has been prepared in accordance with the special provisions for small companies under Part VII of the Companies Act 1985.
This report was approved by order of the Board on and signed on its behalf by:
## ------------------------ **John Stephens – Trustee and Company Secretary**
**HOUNSLOW COMMUNITY TRANSPORT LIMITED REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025**
I report to the Charity Trustees on my examination of the Accounts of the company for the year ended 31 March 2025 which are set out on pages 6 to 16.
## **Responsibilities and basis of report**
As the Charity Trustees of the company (and also its Directors for the purposes of Company Law) you are responsible for the preparation of the Accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the Accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for Independent Examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act.
## **Independent Examiner's Statement**
I confirm that I am qualified to undertake the examination because I am a Member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies in Section 145 of the 2011 act.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. Accounting records were not kept in respect of the company as required by section 386 of the 2006 Act
2. The accounts do not accord with those records
3. The accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an Independent Examination
4. The accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## **Matthew Ellis FCCA**
LFM The Stables 23b Lenten Street Alton Hampshire GU34 1HG
**Date:** ………………………
## **HOUNSLOW COMMUNITY TRANSPORT LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**Note**
**INCOME FROM:**
Donations and Legacies
5
Charitable activities
6
Bank Interest
TOTAL
**EXPENDITURE ON:**
Charitable activities
7
TOTAL
**Net income/(expenditure)**
Unrealised (losses)/gains on investments
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**Funds**
**£**
40,000
295,379
809
336,188
426,131
426,131
(89,943)
-
(89,943)
188,458
98,515|**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2025**
**£**
40,000
295,379
809
336,188
426,131
426,131
(89,943)
-
(89,943)
188,458
98,515|**Total**
**2024**
**£**
40,000
314,593
982|
|---|---|---|---|---|
|||||355,575|
|||||389,791|
|||||389,791|
|||||(34,217)
-|
|||||(34,217)|
|||||222,674|
|||||188,458|
All of the results derive from continuing activities.
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 to 12 form part of these Financial Statements.
7
## **HOUNSLOW COMMUNITY TRANSPORT LIMITED BALANCE SHEET 31 MARCH 2025**
|**Note**
**FIXED ASSETS**
Tangible assets
9
**CURRENT ASSETS**
Debtors
10
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
11
**NET CURRENT ASSETS**
Total assets less
current liabilities
**NET ASSETS**
**FUNDS**
Unrestricted funds
12
**TOTAL FUNDS**|**£**
69,290
70,745|**2025**
**£**
5,889
92,626
98,515
98,515
98,515
98,515|**£**
49,765
165,530|**2024**
**£**
6,901
181,556|
|---|---|---|---|---|
||140,035
(47,408)||215,295
(33,739)||
||||
||
|||||188,458|
|||||188,458|
|||||188,458|
|||||188,458|
## **Trustee Statements required by the Companies Act 2006**
In approving these Financial Statements, the Trustees, who are Directors for the purposes of Company Law, hereby confirm:
- That for the year stated above the Company was entitled to the exemption conferred by section 477 of the Companies Act 2006
- That no notice has been deposited at the registered office of the Company pursuant to section 476 of the Companies Act 2006 requesting that an Audit be conducted for the year ended 31 March 2024
- That we acknowledge our responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
The Financial Statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The Financial Statements were approved by the Board on and signed on its behalf by:
**Lorna Stephens –Trustee and Chairman**
**Company No: 1804094**
8
**HOUNSLOW COMMUNITY TRANSPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **1. GENERAL INFORMATION**
The Charity is a private Company limited by guarantee, registered in England and Wales and a registered Charity in England and Wales. The address of the registered office is 9 Montague Road, Hounslow, Middlesex, TW3 1JY.
## **2. ACCOUNTING POLICIES**
The principal accounting policies are set out below. The accounting policies have been adopted consistently throughout the year.
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
These Financial Statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (FRS 102), The Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic Ireland (FRS 102) (effective 1 January 2015) (the SORP) including Bulletin 1 and in accordance with the Companies Act 2006, from which there were no material departures.
The Financial Statements have been prepared under the historical cost convention and are prepared on a going concern basis.
Hounslow Community Transport Limited meets the definition of a public benefit entity under FRS 102.
## **GOING CONCERN**
The Financial Statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these Financial Statements. The budgeted income and expenditure is sufficient with the level of reserves for the Charity to be able to continue as a going concern.
## **KEY SOURCES OF ESTIMATION, UNCERTAINTY AND JUDGEMENT**
The preparation of the Financial Statements requires management to make judgements, estimates and assumptions that affect the amounts reported.
These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
## **INCOME**
All incoming resources are included in the Statement of Financial Activities when the Charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
- Donations and legacies received by way of grants, donations and gifts are included in full in the statement of financial activities when receivable
- Charitable activities being income from services provided recognised when receivable
- Income from investments is included in the year in which it is receivable
## **EXPENDITURE**
Expenditure is recognised on an accrual basis as a liability is incurred. The following specific policies are applied to particular categories of expenditure:
- Expenditure on charitable activities is costs incurred by the Charity in the course of meeting its charitable aims as related governance and support costs
9
**HOUNSLOW COMMUNITY TRANSPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **2. ACCOUNTING POLICIES (CONTINUED)**
## **TANGIBLE FIXED ASSETS**
Depreciation is provided at the following annual rates in order to write off each asset over its useful economic life:
Motor Vehicles 25% per annum on reducing balance and cost Computer Equipment 50% per annum on cost
## **FINANCIAL INSTRUMENTS**
Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument.
Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.
Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.
## **OPERATING LEASES**
Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
## **FUND STRUCTURE**
The funds held by the Charity comprise:
- Unrestricted general funds _–_ the ‘free’ funds held by the Charity to be used in accordance with the charitable objects at the discretion of the Trustees (including designated funds).
- Restricted funds _–_ funds held to be used only for restricted purposes within the objects of the Charity. Restrictions arise when specified by donors and grant making bodies or when funds are raised for particular purposes.
## **3. LEGAL STATUS OF THE CHARITY**
The Charity is a company limited by guarantee and has no share capital. The liability of each Member in the event of winding-up is limited to a maximum £10.
## **4. TAXATION**
The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
10
**HOUNSLOW COMMUNITY TRANSPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
|**5.**
**INCOME FROM DONATIONS AND LEGACIES**
**Unrestricted**
**Funds**
**£**
Grant - London Borough of Hounslow
40,000
40,000
**6.**
**INCOME FROM CHARITABLE ACTIVITIES**
**Unrestricted**
**Funds**
**£**
Minibus Hire Service
51,327
Furniture Recycling Project
236,755
Shopmobility
264
BSOG receipts
645
Employers allowance
5,000
Training
1,070
Membership fees
319
295,380
**7.**
**EXPENDITURE ON CHARITABLE ACTIVITIES**
**Unrestricted**
**Funds**
**£**
Purchase of furniture/white goods
133,137
Furniture collection costs
5,110
Staff costs (note 8)
188,395
Recruitment costs
-
Motor expenses
40,605
Drivers costs
13,099
Premises costs
1,914
Subscriptions and training
1,530
Depreciation
3,188
Volunteer expenses
1,266
Advertising
1,372
Rent and rates
6,116
Insurance
4,616
Electricity and water
4,188
Postage, stationery and telephone
6,233
Office machine maintenance
250
Computer expenses
6,948
Professional fees
3,915
Accountancy fees
1,833|**Restricted**
**Funds**
**£**
-
**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
**Restricted**
**Funds**
**£**
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|**Total**
**2025**
**£**
40,000
40,000
**Total**
**2025**
**£**
51,327
236,755
264
645
5,000
1,070
319
295,380
**Total**
**2025**
**£**
133,137
5,110
188,395
-
40,605
13,099
1,914
1,530
3,188
1,266
1,372
6,116
4,616
4,188
6,233
250
6,948
3,915
1,833||**Total**
**2024**
**£**
40,000|
|---|---|---|---|---|
|||||40,000|
|||||**Total**
**2024**
**£**
55,283
248,359
200
2,755
5,000
2,136
860
314,593
**Total**
**2024**
**£**
115,596
6,185
167,694
9,855
33,130
4,590
667
2,836
431
1,150
3,337
16,367
3,568
3,292
6,552
1,633
6,311
1,400
2,300|
||||||
||||||
11
## **HOUNSLOW COMMUNITY TRANSPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
|Staff welfare
Christmas dinner
Travelling
Bank charges|196
712
566
939
426,131|-
-
-
-
-|196
712
566
939
426,131|256
992
502
1,108|
|---|---|---|---|---|
|||||389,791|
## **8.**
## **STAFF COSTS, TRUSTEE REMUNERATION , EXPENSES AND KEY MANAGEMENT PERSONNEL**
|Salaries and wages
Pension costs
Social Security costs|**Total**
**2025**
**£**
172,557
2,365
13,473
188,395|**Total**
**2024**
**£**
154,056
2,159
11,478|
|---|---|---|
|||167,694|
No employees received employee benefits in excess of £60,000 (Year Ended 31/03/2024: nil).
No Trustees or persons connected with them received any emoluments in their role as Trustees from the Charity (Year Ended 31/03/2024: nil) and no Trustees have received payment for professional or other services provided to the Charity during the year (Year Ended 31/03/2024: nil). There were no reimbursements of individual expenses to any Trustee during the year (Year Ended 31/03/2024: nil).
The average number of persons employed by the Charity during the year was 9 (Year ended 31/03/2024: 10).
## **9. TANGIBLE FIXED ASSETS**
|**Cost**
At 1 April 2024
Addition
Disposal
At 31 March 2025
**Depreciation**
At 1 April 2024
Disposal
Provision for the year
At 31 March 2025
**Net book value**
At 31 March 2025
At 31 March 2024|**Motor**
**Vehicles**
**£**
**Computer**
**Equipment**
**£**
206,769
20,302
-
2,174
-
-
206,769
22,476
201,204
18,760
-
-
1,216
1,972
202,624
20,732
4,145
1,744
5,360
1,541|**Total**
**£**
227,071
2,174
-|
|---|---|---|
|||229,245|
|||220,169
-
3,187|
|||223,356|
|||5,889|
|||6,902|
12
**HOUNSLOW COMMUNITY TRANSPORT LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025**
## **10. DEBTORS**
|**EBTORS**|||||||||
|---|---|---|---|---|---|---|---|---|
|Trade debtors
Other debtors
VAT
Prepayments and accrued income
**REDITORS**
Trade creditors
Accruals and deferred income
**UNDS**
**Balance at**
**Year ended 31 March**
**2025**
**01/04/2024**
**£**
Unrestricted funds
158,458
Designated funds
15,000
Restricted funds
15,000
188,458
**Balance at**
**Year ended 31 March**
**2024**
**01/04/2023**
**£**
Unrestricted funds
192,674
Designated funds
15,000
Restricted funds
15,000
222,674|
**Income**
**£**
336,188
-
-
336,188
**Income**
**£**
355,575
-
-
355,575|**Expenditure**
**£**
(426,131)
-
-
(426,131)
**Expenditure**
**£**
(389,791)
-
-
(389,791)|
|
|**Total**
**2025**
**£**
57,931
1,720
270
9,369|**Total**
**2024**
**£**
37,086
2,420
3,964
6,295
49,765
**Total**
**2024**
**£**
20,505
13,234
33,739
**Balance at**
**31/03/2025**
**£**
68,515
15,000
15,000|
|**Total**
**2024**
**£**
37,086
2,420
3,964
6,295|
||||||69,290|||49,765|
||||||**Total**
**2025**
**£**
36,512
10,896
|||**Total**
**2024**
**£**
20,505
13,234|
||||||47,408|||33,739|
|||||**Gains &**
**(losses)**
**£**
-
-
-
-
**Gains &**
**(losses)**
**£**
-
-
-
-|||||
|||||||98,515|||
||||
|||**Balance at**
**31/03/2024**
**£**
158,458
15,000
15,000|||
|||||||188,458|||
## **11. CREDITORS**
## **12. FUNDS**
Designated funds relate to funds put aside for use on minibuses.
13
**HOUNSLOW COMMUNITY TRANSPORT LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025**
## **GROUP CONSOLIDATION**
|**£**
**INCOME**
Grants
Minibus Hire Service
Furniture Recycling Project
Shopmobility
BSOG receipts
Employers allowance
Training
Membership fees
Bank interest
**TOTAL INCOME**
**EXPENDITURE**
Purchases
133,137
Staff costs (Note 8)
188,395
Recruitment costs
-
Volunteer expenses
1,266
Drivers costs
13,099
Advertising
1,372
Rent and rates
6,116
Insurance
4,616
Electricity and water
4,188
Motor expenses’
40,605
Travelling
567
Midas training costs
1,480
Printing, postage and telephone
6,233
Accountancy fees
1,833
Premises
1,914
Office machine maintenance
250
Computer expenses
6,948
Bank charges and interest
939
Depreciation
3,189
Furniture collection costs
5,110
Subscriptions
50
Professional fees
3,915
Christmas dinner
712
Staff welfare
196
**TOTAL EXPENDITURE**
**TOTAL (DEFICIT)/SURPLUS FOR THE YEAR**|**2025**
**£**
**£**
40,000
51,327
236,755
264
644
5,000
1,070
319
809
336,188
115,596
137,694
9,855
1,150
4,590
3,337
16,119
3,568
3,540
33,130
502
2,237
6,552
2,300
667
1,633
6,311
1,108
431
6,185
599
1,440
992
256
(426,131)
(89,943)|**2024**
**£**
40,000
55,283
248,359
200
2,755
5,000
2,136
860
982|
|---|---|---|
|||355,575
(389,791)
(34,216)|
14
## **HOUNSLOW COMMUNITY TRANSPORT LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025**
## **MINIBUS HIRE SERVICE**
|**INCOME**
Grants
Minibus Hire Service
BSOG receipts
Training
Membership fees
Bank interest
**TOTAL INCOME**
**EXPENDITURE**
Staff costs
Rent and rates
Insurance
Electricity and power
Motor expenses
Travelling
Printing, postage and
telephone
Accountancy fees
Premises
Office machine maintenance
Computer expenses
Bank charges and
interest
Depreciation
Drivers costs
Subscriptions
Christmas dinner
Staff welfare
**TOTAL EXPENDITURE**
**TOTAL SURPLUS/(DEFICIT) FOR THE YEAR**|**£**
16,354
2,551
2,297
828
31,293
147
1,963
917
96
79
6,948
135
1,216
13,099
50
356
4|**2025**
**£**
37,000
51,327
645
1,070
319
809
91,170
(78,333)
12,836|**£**
48,481
2,334
1,784
990
27,237
468
2,793
1,150
(280)
418
6,311
80
203
4,590
-
496
8|**2024**
**£**
37,000
55,283
2,755
2,136
860
982|
|---|---|---|---|---|
|||||99,016
(97,063)|
|||||1,953|
15
**HOUNSLOW COMMUNITY TRANSPORT LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025**
## **FURNITURE RECYCLING PROJECT**
|**INCOME**
Employers allowance
Furniture Recycling Project
**TOTAL INCOME**
**EXPENDITURE**
Purchases
Staff costs
Recruitment costs
Volunteer expenses
Advertising
Rent and rates
Insurance
Electricity and water
Motor expenses
Travelling
Printing, postage and telephone
Accountancy fees
Premises
Office machine maintenance
Bank charges
Furniture collection costs
Christmas dinner
Subscriptions
Staff welfare
Depreciation – unrestricted
Professional fees
Training costs
**TOTAL EXPENDITURE**
**TOTAL SURPLUS/(DEFICIT) FOR THE YEAR**|**£**
133,137
162,557
-
1,266
1,372
3,565
2,319
2,102
9,312
420
3,491
917
1,748
171
804
5,110
356
-
193
1,973
3,915
-|**2025**
**£**
5,000
236,755
241,755
(334,727)
(92,972)|**£**
115,596
113,353
9,855
1,150
3,337
5,088
1,784
2,028
5,892
33
3,156
1,150
947
1,215
1,025
6,185
496
599
248
228
1,440
2,237|**2024**
**£**
5,000
248,359|
|---|---|---|---|---|
|||||253,359
(277,045)|
|||||(23,686)|
16
**HOUNSLOW COMMUNITY TRANSPORT LIMITED DETAILED INCOME AND EXPENDITURE ACCOUNT YEAR ENDED 31 MARCH 2025**
## **SHOPMOBILITY**
|**HOPMOBILITY**|||||
|---|---|---|---|---|
|**INCOME**
Grants
Shopmobility
**TOTAL INCOME**
**EXPENDITURE**
Staff costs
Electricity and power
Rent and rates
Printing, postage and telephone
**TOTAL EXPENDITURE**
**TOTAL SURPLUS/(DEFICIT) FOR THE YEAR**|**£**
9,484
1,258
71
778|**2025**
**£**
3,000
264
3,264
(11,591)
(8,327)|**£**
5,859
522
8,697
603
|**2024**
**£**
3,000
200
3,200
(15,681)|
|||||(12,481)|
17