North Coast Communits. Transport Company limited b). guarxlltee Company information TNstees Ken Mccaughey Andrea Elkin Frdnces Bo ' Francis Dic Secretary Andrea Elkin Senior Management William Moore Emma Mullan Company number N138840 Principal and Registered otTice Ivan Wilson Complex 277 Dunhill Road Colerdine Co Londonderry BT513QJ ALiditors MKP Accountsnts Ltd. Statutory Audilor 42A44A N¢M" Row Coleraine BT52 IAF Bankers First Trust Crescent Link Retail Park Unli 20 Londonderry BT47 6SA
North Cffast Community Transport Company limited b). gllarnjhtee Trusttts. Report (Including Direetlbrs Report) for the year eDded 31 March 2025 The Trustees, who are also the directOTS of the companv for the purwbses of the Companies Act, present their report and financial statements for the Year ended 31 March 2025. The infomiation '1th rcspcct to trustees, director& oificers and advi5cr5 set out on the infoTmation page. fonns pan of this report. -l-he financial s(atements comply wilh curreni siaiuiory requirements. Ihe Menioranduni and Anicles of Association. Accounting and Rew)rting b}. Chariiies-. Sthtemeni of Recommended Practice applicable to charities preparing their annual accoun15 in accordance 1th the FirnCIal Reportin¥ Standard applicablc in Ihe UK and Republic of Ireland issued in 0¢10r 2019. the Financial Rewrting Standard 8ppli¢8ble in the UK and Republic of Ireland IFRS102). The Companies Aci 2006 and UK Generdlly Accepted Practice. Objectives and Activities In shapingT ()ur ()bjeLtive5 for the >'ear and planningi our aclivilies, Ihe trustees have considered the Chdrity Coniniission guidance on public benefii. The principal aciiviry of ihe company is ro provide an affordable and accessible transpc)rt service to the rurdl communii). in Ihe Nonh Coasi area and io support and coniplinient other organisaiions involved in ¢ommunily development iniliaiives. North Coast Community Trdnsw)rt (NCCT) provides relief io ihose in need by reason of youih. age, ill health, disabilily. financial haTdship or oiher disadvaniag?e ihrouuh ihe provision ofcommunit) led access solulions in Ihe Nonh Coasi area. NCCT meeis our chariiable purwses ihrough the prn)vision of wholly charitable transport s()luiiuns lor beneficiaries who are unable loaccess conventional public or private transpori because ufagie. rural lo¢aiion. mobiliiy issues and poverty. Beneficiaries include people who are.. elderly. Fwtr. disabled. peoplL> witl) younky ¢hildr¢n. or those livinbj in isolai¢d areas and for communii)" or&Janisaiions. where ¢h¢re ar¢ no iidequa¢e public transport facilities. NCCT s¢¢ures grants and donalioThs lo supwn provision of subsidised iransport for beneficiaries. NCCT delivers Services usingF communily minibuses and volunteer car drivers. NCC'I- provides infomiation to enable people to avail of various nieans of trnvel to enable access to local services. working in partnership with other transport providLrs to ensure altemaiives and linkagjes to oiher services. Achievement5 and Performance ThL J'¢ar ?0?4125 has en a busj" one with lh¢ various s¢rvi¢es growing steadily. Th¢ Dial-a-lift trips increased by almost 1000 additional trip on the previous year and over all services irips increased b) 18.324. Wilh the Wheels?Wellbeing service finishing in Jul). 2025. H'e were delighied to report ihat e exceeded the target for trip dclivcry for thc duraiion of thc project. The ¢valualion of thi5 proj¢cl was significant in highlighting th need for the service within the communit) and forniulating dats that can be presented to government officials. We have recruited an additional 4 new minibus drivers 50 to assist Mith the delivery of our services and we arc ¢onlinuing to grow our volunt¢¢rs thi5 )'¢ar. Financial RevieTh' The statement of financial activilies for the year is sei oui on ge 10 of the financial siaiemenis. The prinLipal funderof the charity is the Departhient for Infrdsiruciure ihrough Ihe Rural TransrMIrt Fund. During the period ended 3 Isi March ?O?i. incoming resources includes grdnt income of £387.692 from the Rural Transport Fund. Page
North Coa51 Community Tran5POrt Company limited b). 8uarnnte¢ Trllstees. Report (In¢luding Dire¢tOTS Report) for the year ended 31 March 2025 .continued The amount received from Departnient for Infrastructure in resW of the a5Si5ted rural transwrt Scheme was £113,124. During th¢ year the Company also re¢eived funding of £420.028 from Motability and the majoril), of Ihis funding w'as expended on the purchase of new vehicles. Grdnr funding of £64.iS0 w'as received from National Lottery in respect of the Wheels 2 Wellilg project and fundin¥ of £131,878 was received froin Disability Action. All grani funding has been used solely for the purwses intended and in accordan¢¢ with the terms and condiiions of gTant. Reserves pollew 'I'he chariiy's policy on resiricied funds is io separaiely record donaiions. grants and other sources of fundraising where restrictions are imF<)sed ihat are narrower than the charily's overnll objectives. The trustees have reviewed the charity's requirements for reserves in conjunction with their analysis of the niain risks for the company. At 31" MarLh 2025 the charity held reserves of £1.651.270 of which £804,152 were resiricied Ilinds. Thei, have established a reserves poli¢y w'hich sthies thai Ihe unresiricled funds not invested in Fixed Asseis need to be sutTicieni io cover 6 monihs of core annual running costs and be suificieni to cover redundan¢y ¢osts and vehi¢le ¢ommitmenls. This equaies io approximaiel!, £1.076.583 in &)eneral funds. At this level. the irusiees Consider ihai they M'ould be able 10 coniinue ihe ¢urreni a¢(ivities of ihe cl)arily ill the short tem in the event of a si&Jnificant drop in in¢ome. li would also be necessar), to consider il)ai incoine would be replaced. At the balance sheet date free reserve& M'hich amount to £720.446 do noi exceed the niinimuni targTet amount. Plan$ for the future NCCT and the other RCTP'S continue lo fight for mulii-i'ear rin& fenced funding) and this will reniain as a priiiriij. f()r all with continuoLLS l()bbyinbv and enireaiinbv bvovernmeni oifiLials. Thank.fully. for ihe year 2025126, th¢ Dial-a-lift funding w&8 in¢reas¢d 10 r¢fle¢i th¢ proj¢¢t¢d d¢livery ¢apa¢ity and so it will be th¢ plan lor the incoming year to ensure ihis largei 15 met fully. The funding from the Community Lottery Fund for our WheelS?Welllng Service ended in July 2025. however. io our deligiht a similar service under Moiabilii). will be funded 10 assisi w'iih a similar projeLi focused on primiyily on a55iSting individuals io h05Pital appointm¢nts. As w¢ ¢oniinu¢ to deliver huTe aniounts ol-h¢alth- rclat¢d trips with no financial 5UPPOrt or contribution we M'ill f(KU5 heavily still on lobb)'ing to Hcalth officials for sUPPOrt. NCCT plan to continue to deliver remarkable services lo memkrs at the highest capacity possible on the allocated funding. Our Group Moiabilit). projeci has en in service since February, 2024 and we plan io coniinue to grow and develop this pn)jeci to lis full poteniial to ihe benefii of all our disabled members and develop the valued Tclationship they hold with thi5 funder. Structure, Governance and Man*gemen¢ Organisational structure North Coasi Community TransFK)rt is a company limited by guardntee and recognised as a charitv b). Inland Rcvcnuc. In tcrms of compath). law, charil). law and da). lo da). aclivilics. thc compan}. is an indcpcndcnt cntity. The trustees meet regularly to direa the operatiotLS of the charil).. The ctwity had 37 employees at March 3 1st 2025. Page 2
North Coa51 CommunitiT Tran5POrt Company limited b). guarnnte¢ Trustees, Report (Including DirertOT5 Report) for the yur ended 31 March 2025 .¢ontinued overnanee During the period under review the Irustee5 met approximately every eight weeks. A panel comprised of exisling trugiees selecis m¢rnb¢rs for lh¢ iK)ard. Trusttts serve for a one year twiod and may be re-elected for funher one year p¢riiKls. The irnsiees who served during the period io Mar¢h 3 Isi 2025 are listed on the inlormation page. Risk Management Thc trustees have reviewed the major risk5 to which the charity is exwised and Systems have been established io manage ihose risks. Reference and adrninistTation details North Coasi Comniunity Trangtxlrt. is a charitable company limid by guaraniee. incorp)rnied on June 20th 2000. It is rebyistered with the Companie5 Rebpistrar under reg?istration number N138840. li is also reL()gTiiised as a Lharily by (he Inland Revenue. XRi8093 and regisiered as a Lharity wilh ihe C haril) Coinmission foT Northern Ireland under referen¢¢ Nl100411. -I'he irusiees and se¢reiary of ihe chariiy are lisied on ihe inforinaiioii pabie. The PTincipal and rebiis¢ered office of ihe chariiy is also lisied on ihe infomiaiion page iogyeiher with details of Ihe professional advisors and bankers. Changes in fixed a55ets The movements in fixed asseis during ihe year are sei oui in ihe noies to ihe financial sthiements. Taxltion As a charity the company is noi liable for corpordtion on its other income or on capilal gains to the exlent Ihai these are applied io its charitsble objecis. Statement of trnstees, responsibilities in respeet of the an81 report #nd the fin#nei#l statements Company law requires the irusiees to prepare finala1 staiemenls for each financial }'ear which ulive a Irue and fair view of the State of affairs of the charitable compan). and of the incli1ng resources and application of resources, including the income and experKiiture. ofthe charitable comFan)' for that period. In PTepaTiiig these financial statements. the directors are required to- select suitabl¢ aecoLinting 11¢1¢5 and appl)" them consiqiently; observe the methods dnd prinLiples in ihe Charities SORP., mak¢ judg¢m¢nts and ¢stimat¢S that ar¢ r¢a50nabl¢ and prud¢ni' stat¢ whcthcr applicabl¢ UK Accounting Standards hav¢ ¢n follod. subject any material dcparturcs di5cIos¢d and ¢xplain¢d in th¢ flnancial 5tat¢m¢nts; and prepare the financial statemenls on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operdtion. The trustees are resEM)Thsible for keeping proFer accounling records which di5c105e with reasonable accuracy at any timc ihc fjnancial positioth of thc charity and th hclp cnsurc that thc accounts comply with thc Conipanics Act 2006. Th¢y ar¢ also responsible for 8af¢guarding th¢ a55¢ts of th¢ charity and h¢nc¢ for taking r¢asonablc steps for the prevention and deieciion of fraud and other irregulariiies. Page 3
North Coa51 CommunitiT Tran5POrt Company limited b). guarnnte¢ Trustees, Report (Including DirertOT5 Report) for the yur ended 31 March 2025 Statement of disclosure of information to auditors So far as each of ihe irustees in olyice ai the dale ofapprovai of ihese financial sthi¢menis is awar¢.' there is no relevant inforniation of hICh the charit} s audilors are unaH'are- and Ihe}' have iaken all the SpS that they oughi to have thken as inJsiees..'directois in order io make ihemselves aware of any relevont infom)ation and io cstablish tho1 the charity's audiiors are aware of thot inforinatioi). Auditors A resolution proposingi ihai MKP Accounthnis Lid IK re-appoinied as audiiors ofthe charity will be pul 10 the Annual General Meeiing. Small Compgnv Provisions This rLPi)rt hlc s LL'en prLpared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subjed io the small companies regime. This report was approved and authorised for issue by the Iruslees on l T October 2025 and signed on their behalf by.. Ken M¢Coughey Director Page 4