REGISTERED CQMPANY NUMBER: N1610269 (Northern Ireland)
REGIsfERED CHARrrY NUMBER: 101626
FERMANAGH COMMUNITY TRANSPORT
REPORT OF THE TRUSTEES AND
AUDrrED FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
CavanaghKelly
Chartered Accountants and Statutory Audltors
36-38 Northland Row
Dungarbnon
Co. Tyrone
BT716AP

FERMANAGH COMMUNITY TRANSPORT
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
Page
Report of the Trustees
Report of the Independent Auditors
Statement of Financial Artivities
statement of Flnanclal Positlon
io
statement of Cash Flows
li
Notes to the Statement of Cash Flows
12
Notes to the Financlal Stataments
13 to 21
Detailed Statement of Flnancial ActSvlties
22 to 23

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
The trustees who are also directors of the charity for the purposes of the Cornpanie5 Act 2006, present their
report with the financlal statements of the charity for the year ended 31 March 2023. The trustees have
adopted the provisions of Accounting and Reportina by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reportinq Standard applicable
in the UK and Republic of Ireland {FRS 102) {effective I january 2019).
OBJECTIVES AND ACTIVITIES
Objertives and aims
The principal objectives are to reduce sociol exclusion by providing an affordable, accessible and reliable
transport service in rural areas of Ferrnanagh.
Artlvltles and achlevements
Rural Dlal a Llft Door to Servlce
Comparing 2Q22123 agalnst 2019120, performance of the Rural Dial-a-Lift Service by number of trlps In 2023
(26,777) is at 99P/o of 2020 {27,037} performance. This rep￿SentS a considerable achievement on the part of
Fermanagh Community Transport, given our reduced operatlonal capacity overall which was impacted heavily
by energy and cost inflation across the board. The largest purpose by category Is day opportunities which
stands at 43.80/0 or IL.782 trips. This indicate5 that a very significant number of disabled and elderly rural
individuals rely on our service to get them to their day opportunities. In second place 15 5hoppingl personal
bu5iness/ social visits which accounts for 29.7% or 8,033 of all the trips tjndertaken in 2022-2023. Third is
education at 9.6¥0 or 2,571 trips and trainlng and ernployment at 6,3% or 1,687 trlps. Health related trips
account for a combined 9.70kn (2,597)of all trips in 2022-2023.
Dlsablllty Actlon Transport Stheme
Comparlng 2022123 against 2019120, the Dlsablllty Artlon Transport Scheme by number of trips In 2023
{1,705) was at 90Wo of 2020 (1,900} perfomiance. There has been a remarkable recovery slnce COVID'S
peak. In 2022 to 2023, the DATS was without a sufficient driver resource for a number of rnonth5 and this is
reflected in the flgures. In terms of trips by purpose through the Disability Attlon Transport Scheme In
Ennlsklllen town, an even higher percentage at 63.6010 of individuals compared to the DAL service 43.80h rely
on the se￿iCe to access day opportunities, This Is perhaps less of a surprise given that the DATS se￿Ice Is
specifically focused on those with a disabillty and those over 85 plus. Health related appointments account for
18.4Wo of Bll DATS trips in 2022 to 2023. 80th the DAL and DATS figures are hugely posltive and encouraglng
and demonstrate that FCT has the confidence and trust of Its members to transport them safely as they access
their basic and essentlal services. The build back in patronage is astoundlng when compared to tradltlonal
public transport patronage whlch Is running well behind the figures achieved by FCT. Covid encouraged many
more people to move to private vehicle5 as well as the Increase in worklng from home.
Volunteer Soclal Car Schem¢
Last year FCT had 5 volunteers under Its volunteer social car scheme. This has risen to 8 in 2022-2023, The
volunteers continue to play a vital role in helping us achieve and dellver so much more than we could were we
relying entirely on our paid drivers alone. The volunteers continue to glve u5 an enhanced agility and
re5ponslvene55 whlch contlnues to allow Us to facilitate and accommodate the increasing demand for trips
related to GP appointments and out-patient hospital appointments. We extend our sincere thank you to the
volunteer5 who are an exceptional group of people. We will be endeavouring to recruit more volunteers in
2023-2024, especially in the more remote and farthest reaches of Fermanagh.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
Group Hlre With and Without Fcf Driver
Group hirè remain5 negligible. Fermanagh does not have the size or density of population of the other
-oJnt.-es in Northern Ireland, no,- dae5 i: have the econ?mic value. Fermanagl records tb,n low=st -cnnomic
value of the other counties in Northem Ireland. As such, the vehicle hire with driver market is sirnply not
there. Of the groups in the past who did avail of this service, many of gone out of operation due to an end of
funding streams and the rislng costs of Dperatlon.
A welcome departure from the decline In group vehicle hire with driver has been the signlflcant take-up of the
support available to voluntary and community groups through with the support of the Cost of Living
Support programme from Fermanagh and Omagh District Council up to the value of £IOk in 2022-2023.
Under the programme, local community and voluntary groups were being offered free membershlp for one
year, free MIDAS trainlng for volunteers and two days free group mlnibus hire. As well as this, the funding
has also been used to facilitate transport to out of area hospital appointments for people who are struggling
with the cost of livlng. It has been tremendously rewardin9 to see the interest and value placed in thi5
programme of support by groups and individuals. Thi5 is something we will be looklng to build on in 2023 to
2024.
Membershlp Numbers
Membership of FCT'S Rural Dial a Lift Door to Door Service has witnessed an Increase in membership from 877
members In June 2019 to 1.083 members in March 2023. Thi5 15 a trend which can only be expected to
continue to grow given the ageing demographic and the increasing inaccessibility, unaffordability,
unavailability and infrequent publlc transport services and the exorbitant cost of taxls In the County.
FCT contlnues to Ilalse and collaborate with Fermanagh and Omagh Dlstrlct Councll Communlty and Voluntary
Sector Forum, Community Plannlng Transport Poverty and Antl-Poverty Worklng Groups, South West Ageing
Partnership, Communlty Transport Assoclation UK, Rcfps Managers. Forum and DfE, Queens University of
elfast, Disabillty Action, RNIB, as well as supportlng numerous other Inltlatlves locallyi reglonally and UK
wide.
Dfl Blue Green Capital Infrastructure Fund - Electric Mlnibus
Last year we were Suc￿sSful in our bid to the Dfl Blue Green Capltal Infrastructure Fund for funding to
purchase a 13-seater fully Bcce551ble mlnibu5. The minlbus was to be operated as part of a pllot scheme being
overseen by DfI. It was clear In the last pnnual report that significant delays plagued the promSsed delivery of
the vehicle. Regrettably, the company Nu-Track Ltd responsible for the supply and delivery of the vehicle was
put into adminlstratlon in 2022-2023.
Fermanagh Community Transport along with five other rural
communlty transport partnershlps each lost more than £70k each. Each was an unsecured credttor. Not only
was this a loss In financlal terms for FCT, but it represented a huge 1055 for those Indivlduals who rely on our
servlce and support, as well as an important and exciting opportunity to test the technology. A conditlon of
applylng for the Blue Green Fund was that each suc￿ssful organisatlon had to remove a conventional Internal
combustion englne (ICE) from its fleet, In real terms. F￿ Ltd experlenced the loss of two vehlcles.

FERMANAGH COMMUNITY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
Public beneflt
The Trustees of Fermanagh Community Transport conflrm that they have complied with their duty under
section 4(6) of the Charltles Act (Northern Ireland) 2008 to have reoard to the Charity Commission for
Northern Ireland's guidance on public benefit and that the public benefit requirement has informed the
activities of the charltable company In the year ended 31 March 2023.
Achlevement and performance
Charltable activities
The organi5ation has maintained its membership and its level of services to the target population throughout
the year.
Flnancial review
Financial position
Sources of funding for the Charity have remalned Stable wlth the charlty generating a deficlt durlng the year of
£(100,724) (2022: Surplus £127,729).
The Charity ha5 used its reserves to cover the deficit in line with the Charity's Reserves Policy.
Reserves pollcy
Fermanagh Community Transport's current pollcy is to trade and deliver servlces. employ stsff, rent premises,
purchase/hire/lease vehicles and equiprnentl purchase goods and services. The Fermanagh Community
Tran5POrt Tru5tee5 must ensure that it has sufficlent resources.
It 15 considered good Practi￿ to seek to build financial reserves which will enable the organisation to meet
future commitments or unforeseen expense5 Without a negative impact on the ability to deliver services or
develop our business in the manner planned.
By holding reseNes, the organlsation will be able to;
l. absorb setbacks and take advantage to change and opportunity,
2. demonstrate a plan for viability beyond the Immediate future and provlde reliable service5 over the Songer
term,.
3. dernonstrate to funders that the oryanlsation has given consideration to long-term plans and vlablllty,
Prlnclpal rlsks and uncertainties
The Trustees have conducted a review of the key risks facing the charity and have established procedures to
manage those risks. Significant external risks In relation to fundlng have led to the development of a Strategic
plan which allows for the diversification of funding and activities. Intemal risks are minimised by the
implementation of procedures for authorisatlon of all transactions and to ensure conslstent quality of dellvery
for all operational aspects of the charlty. These procedures are periodically reviewed to ensure that they 5t ill
meet the needs of the charitv.
Going Concern
The financial statement5 are p￿pared on a going concem basis, which assumes the charity wlll be in
operational existence for a period of at least 12 months from the date the accounts have been signed,
notwlthstandlng the fact the oroanlsation generated a total deficit in the year of £100,724 {2022
surplus of
£127,729). Included within the results for the year was a loss on disposal of fixed asset of £53,822.
Since the year end, the charlty has received notification of potential cessation of funding from its main grant
funder of the Rural Transport Fund Scherne by the Department of Infrastructure. At the date of slgning these
financlal statements, the charity remains confident ar¥ appropriate resolution can be sought and fundlng
provided, and whilst they await a final decislon, the charity has suffficient reserves to discharge all it5 liabilitie5
as they fall due until. However, the ability of the charity to corstinue as a going concern Is dependent on such
funding belng made avallable and the directors have prepared the ffinancial statements on the going concern
basls, on the assumption such fundlng will be received.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
STRATEGIC REPORT
srRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by Its goveming document, a (Jeed ol trusl, and constitutes a liinited compèny, limited bv
guarantee, ès defined by the Companies Act 2006.
Organl$atlonal structure
Fermanagh Community Transport is a company Ilmlted by guarantee, not having a share capltal. It Is regISte￿d as
charlty with the Charity Commission NI.
The charitable company wa5 established under a Memorandum of Association whlch established the objects and powers
of the charitable company and is governed under Its Artlcles of A550Clation.
Anyone wlthln the area of benefit who subscrlbes to the objects of the Company can become a member of the
Company. Suitable new Trustees are recruited from among the members by the ajrrent trustees and presented to the
AGM to be appointed as per the Governing Document.
REFERENCE AND ADMINISTRATIVE DETAILS
Reglstered Company number
N1610269 (Northem Ireland)
Registered Charlty number
101626
Registered office
42 Enniskillen Business Centre
Enniskillen
BT74 4RL
Trustees
Barry Boyle
Eileen Drumm
Allison Forbes
Catherine Magowan
Dovid Monaghan
Company Secretary
David Monaghan
REFERENCE AND ADMINISTRATIVE DETAILS
Audltors
Cavana9hKelly
Chartered Accountants and Statutory Auditors
36-38 Northland Row
Dungannon
Co, Tyrone
8T71 6AP

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2023
STATEMENT OF TRUSTEES. RESPONSIBILITIES
The trustees {who are also the directors of Femianagh Community Transport for the purposes of company low) are
responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accountlng Practlce).
Company law ￿qUireS the trustees to prepare financlal statements for each financial year which give a true and fair
view of the state of affalrs of the charitable company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company for that period. In preparing those financlal
statements. the trustees are required to
select suitable accounting policies and then apply them consSstently'
observe the methods and principle5 in the Charity SORP.
make Judgements and estlmate5 that are reasonable and prudent;
prepare the financlal statement5 on the golng concern basls unless It is inappropriate to presume that the charitable
company will continue In business.
The tnjstees are responsible. for keeping proper accounting records whlch disclose with reasonable accuracy at any
time the financial position of the charltable company and to enable them to ensure that the flnanclal statements
comply with the Companies Act 2006, They are also responsible for safeguarding the a55ets of the charitable company
and hence for taking reasonable steps for the prevention and detection of fraud and other Ir￿gUIanties.
In so far as the trustees are aware:
there 15 no relevant audtt Infom)atlon of which the charitable company's auditors are unawa￿, and
the trustees have taken all steps that they ou9ht to have taken to make themselves aware of any relevant audit
informatlon and to establish that the auditors are aware of that Information.
AUDITORS
The auditors, CavanaghKellyt will be proposed for re-appointment at the forthcoming Annual General Mee￿ng.
Report of the tru5tee5, incorporating a strategic report, approved by order of the board of trustees, as the company
dirertors, on 27 June 2023 and signed on the board's behalf by:
Catherlne Magowan
Trustee

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPORT
Opinion
We have audlted the financial statements of Femianagh Community Transport (the 'charitable company,) for the year
ended 31 March 2023 vvhlch comprlse the Statement of Flnancial Attivities, the Statement of Financial Positlon, the
Statement of Cash Flows and notes to the financial slatements, including a summary of significant accountlng policies.
The financial reporting framework that ha5 been applied in thelr preparation is applicable law and United Kingdom
Accounting Standards (Unlted Klngdom Generally Accepted Accountlng Prattice).
In our opinion the financial statements..
give a true and f.air view of Lhe slate o( tlie charitable company's affairs as at 31 March 2023 and of its incomlng
resources and appllcation of resources, including its income and expenditure, for the year then ended.
have been properly prepared in accordance wlth Unlted Kingdom Generally Accepted Accounting Pratiice,. and
have been prepared In accordance wlth the requlrements of the Companles Act 2006.
Basis for opinion
We condutted our audit In accordance with International Standard5 on Auditing {UK) (ISAs (UK)) and applicable law.
Our responslbllltles under those standards are further described in the Auditors, responsibilities for the audit of the
rinancial statements section of our report. We are independent of the charitable company in accordance with the
ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard, and we have ftslfllled our other ethlcal responslbllltles in accordance wlth these requirements, We believe
that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Material uncertainty related to going concern
We draw attentlon to Note 2 and page 15 In the flnanclal statements. whlch Indlcates that the potential lo55 of key
funding in respect of the Rural Transport Fund Scheme by the Department of Infra5tru(ture post year end is likely to
have a significant on the ability of the charity to continue as a golng concern. We draw the readers, attention to the
fact no forrnal dedsion has yet to be reached as at the date of signing these financial statements. As stated in the
note, these events and condltlons, along with the other matters set forth in Note 2, indicate a potential rnaterial
uncertainty that may cast doubt on the Company'5 ability to continue as a golng concern. Our opinion is not modified
in thi5 regard.
In auditing the flnanclal Statements, we have concluded that the dlrettors. use of the golng con￿rn basis of
accounting in the preparation of the financial statements Is appropriate.
other informatlon
The trustees are responsible for the other information. The other information comprises the inft)rmation included In the
Annual Report, other than the financial statements and our Report of the Independent Auditors the￿On.
Our opinion on the financlal statements does not cover the other information and, exTrpt to the extent otherwise
explicitly stated in our report, we do not express any form of assurance concluslon thereon.
In connection with our audit of the financial statements, our responsibllity is to read the other information and. in
doing so, consider whether the other information Is matedally inconslstent wlth the financlal statements or our
knowledge obtalned in the audit or otherwise appear5 to be materially mi55tated. If we identify such material
Inconsistencies or apparent material misstatements, we are required to determine whether this give5 rise to a material
misstatement in the financial statements themselves. If, based on the work we have perfomied, we conclude that
there Is a materlal mlsstatement of this other information, we are required to report that fatt, We have nothing to
report in this re9arfd.
Opinlons on other matters prescrlbed by the Companles Act 2006
In our opinlon, based on the work undertaken in the course of the audit:
the inforrrbation given in the Report of the Trustees for the financial year for which the finanaal statements are
prepared 15 tonsistent with the financial statements. and
the Report of the Trustees has been prepa￿d In accordance wlth appllcable le9al ￿quIreMentS.
Matters on whlch we are required to report by exception
In the light of the knowledge and understanding of the charitable company and its environment obtained in the course
of the audit, we have not ident￿ted material misstatements in the Report of the Trustees.
We have nothing to report In respect of the following matters where the Companles Act 2006 requlres us to report to
you if, in our opinion.
adequate accounting records have not been kept or returns adequate for our audit have not been received from
branches not vlslted by us; or
the flnanclal statements are not in agreement with the accounting records and returns,. or
certain disc105ures of trustees, remuneration specified by law are not made. or
we have not received all the information and expl8natlons we require for our audit.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPORT
Responsibilltles of trustees
As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of the
charitable cornpany for the purposes of company lawl are re5ponslble for the preparation of the financial statements
and for being satisfied that they give a true and fair view, and for such Internal control as the trustees determine is
necessary to enable the preparation of financial statements that are free from material mi5Staternent, whether due to
fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charftable company'5 ablllty to
continue as a going concern, disclosing, as applicable, matter5 related to going concern and using the going concern
basis of accounting unless the trustees either Intend to liquidate the charitable company or to cease operations, or
have no realistic altemative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from
material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that Includes
our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in
accordance with ISAS (UK) wlll always detett a material misstatement when it exists. Mi5Staternents can arise from
fraud or error and are considered material If. Indivldually or in the agg￿gate, they could reasonably be expected to
Influence the economic deci51ons of users taken on the basis of these flnanclal statements.
Irregularities, ip.cluding fraud, are Instances of non-compliance wlth laws and regulations. The objectives of our audit In
respect of fraud a￿ to assess the risk of material mi55tatement due to fraud, de51gn and Itnplement 3ppropriate
responses to thase assessed risks and to respond appropriately to inStan￿S of fraud or suspected fraud identified
during the course of our audit. However, the primary responsibility for the prevention and detectlon of fraud rests with
management and those charged with governance of the charitable cornpany.
In identifying and assesslng rlsks of material misstatement in respect of irregularltles, Including fraud and non-
compliance with laws and regulation5, our procedures included the following-
We obtained understanding of the legal and regulatory requirements appllcable to the chadtable cornpany's financial
statements and consldered the most signitlcant are the Companies Act 2006, Financial Reporting Standards (FRS 102),
and the Charitiès Act 2011;
We have assessed the risk of materlal mlsstatefnent of the financlal statements, including rlsk of material
mlsstatement due to fraud and how It might occur by holding discusslons with management and those charged with
governance,,
We enqulred of management and those charged with governance as to any known Instances of non-compliance or
suspected non-compllance wlth laws and regulatlons.
Understanding the Internal controls establlshed to mitigate risks related to fraud or non-compliance wlth laws and
regulation5' and
Discussions amongst the audit engagement team regarding how fraud might occur In the financlal statements and
any potential indlcators of fraud, As part of this discussion we identified the following potential areas where fraud may
occur: completeness of revenue recognition in respett of grant income and management overrlde.
The audit response to risks identified included:
Reviewing the financial statements disc105ure5 and testing to supporting documentatlon to assess compliance wlth
the relevant laws and regulatlons above.
Performlng analytical procedures to identify any unusual or unexpected relatlonships that may indicate risk of
materlal misstatement due to fraud;
In addressing the rlsk of fraud through management override of controls, testing the appropriateness of joumal
entries and other adjustments, assessing whether the jtJdgement5 made in making accountlng estimates are
reasonable and evaluating the business rationale of any significant transactions that are unusual or outside the normal
course of business.
A further descrlptlon of our responsibilities for the audit of the financial statements is located on the Flnanclal Reporting
Council's website at www.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the
Independent Audltors.

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPORT
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance wlth Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work has been undertaken so that we mlght state to the charitable company's
members those matters we are required to State to them in an auditors, report and for no other purpose. To the fullest
extent pemitted by law, we éo not accept or assume responslbillty to anyone other than the charitable company" and
the charitable company's members a5 a body, for our audit work, for thls report, or for the opli)lons we have formed.
Ryan Falls (Senior Statutory Auditor)
for and on behalf of CavanaghKelly
Chartered Accountants and Statutory Audltors
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP
Date.. 27 June 2023

FERMANAGH COMMUNITY TRANSPORT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
2023
Total
funds
2022
Total
funds
Unrestricted
fund
Restricted
funds
Notes
XNCOME AND ENDOWMENTS FROM
Donations and legacies
442,687
442,687
560,233
Charitable activlties
Restricted Charitable activities
Unrestricted Charitable activities
55,385
55,385
9,248
35,670
2,099
9,248
Other trading activities
Other gains/(losses) on disposals of assets
267
267
(53,822)
167
13,862
(53,822)
Total
9,515
444,250
453,765
612,03L
EXPENDITURE ON
Charltable activitles
Restrirted Charitable activities
Unrestricted Charitable activlties
525.742
525,742
28,747
465,956
18,346
28,747
Total
28,747
525,742
554,489
484,302
NEf INCOME/(DEFICIT}
(19,232)
(81,492)
{100,724)
127,729
RECONCILIATION OF FUNDS
Total funds brought forward
507,276
276,581
783,857
656,128
TOTAL FUNDS CARRIED FORWARD
488,044
195 089
683.133
783 857
CONTINUING OPERATIONS
All Income and expenditure has arisen from continuing activities.
The above Statement of Financial Activities Include5 all information as required to be disc105ed by the
Companies Act 2006.
The Statement of Financial Actlvltle5 Includes all galns ind losses recognised durlng the year.
The notes on pages 13 to 20 form an Integral part of these financial statement5.
The notes form part of these financlal statements

FERMANAGV COMMUNfTY TRANSPORT
srATEMENT OF FINANCIAL posmoN 3 1 MARCH 2023
2023
Total
funds
2022
Total
funds
Unrestrlcted
fund
Restricted
funds
Notes
FIXED ASSETS
Tanglble assets
12
88,091
9,B09
97,900
125,156
CURRENT ASSETS
Debtors., amounts fallln9 due wlthln one year
Cash at bank and In hand
13
44,628
392 191
16,439
168 841
61,067
561 032
58,769
640 378
436,819
185,280
622,099
699,147
CREDrroRS
Amounts falllng due wlthln one year
14
(36,866)
(36,866)
[40,446)
NET CURRENT ASStTS
399 953.
185 280
585 233
6S8 701
TOTAL ASSETS LESS CURRENT LIABILIllES
488,044
195,089
683,133
783,857
NET ASS￿5
488 044
195 089
683 133
783 857
FUNDS
Unre5trlcted funds
Restricted fvnds
15
488.044
195 089
507,276
276 581
TOTAL FUNDS
683 133
783 857
The flnanclal statements were approved by the Board of Trustees and authorfsed for155ue on 27 June 2023 and were
slgned on Its behalf by:
Catherlnt Magowan
Trusteo
The notes form part of these flnanclal statements
io

FERMANAGH COMMUN￿ TRANSPORT
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Notes
Cash flows from operatlng activlties
Cash generated from operatlons
19 394)
189,631
Net cash provided by/(used in) operating activities
19 394)
189 631
Cash flows from Investlng actlvities
Purchase of tangible fixed assets
Sale of tanglble ftxed assets
{59,952)
(71,762)
Net cash used In Investing activltles
59 952)
Change In Cash and cash
equlvalents In the reportlng perlod
Cash and cash equivalents at the
beginnlng of the reporting period
(79,346)
132,702
640 378
507,676
Cash and cash equivalents at the
end of the reporting period
561,032
640,378
The notes fom part of these financial statements
li

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE STATEMEKf OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2023
RECONCILIATION OF NET INCOME TO NEf CASH FLOW FROM OPERATING AcfivITIES
2023
2022
Net Income for the reportlng perlod (as per the Statement of
Financial Activities)
Adjustments for:
Depreciation charge5
{Profit)Iloss on disposal of fixed assets
Decrease/(increase) in debtors
(Decrease)lincrease in creditors
(IOG,724}
127,729
33,385
53,822
(2,297)
42,792
{13,862)
17,482
Net cash provlded by/(used In) operatlons
19 394)
189,631
ANALY51S OF CHANGES IN NET FUNDS
At 114122
Cash flow
At 3113123
Net cash
Cash at bank and In hand
640 378
561 032
Total
The notes form part of these financial statements
12

FERMANAGH COMMUMITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
GENERAL INFORMATION
The charity is a publlc benefit entity and a private company Ilmited by guarantee, registered in Northern
Ireland and a registered charity in Northem Ireland. The addre55 of the registered office l< 42 Enniskillen
Business Cenlre, Lackaghboy Industrlal Estate, Enniskillen, Co. Fermanagh, BT74 4RL.
ACCOUNTING POLICIES
Basis of preparing the flnancial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have
been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.,
statement of Recommended Practlce applicable to charities preparing their accounts in accordance with
the Flnancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective I
January 2019),, Flnancial Reportlng Standard 102 'The Financ￿al Reporting Standard applicable in the UK
and Republic of Ireland, ènd the Companie5 Act 2006. The financlal statements have been prepared under
the historical cost convention.
The accounts are prepared under the historlcal cost convention modlfled when necessary to include the
revaluation of certaln flxed assets.
In￿rne
All income is recognised in the Statement of Financlal Activities once the charity has entitlement to the
funds, it Is probable that the Income wlll be received and the amount can be measured reliably. The
following specific policies a￿ applied to particular categorie5 of income:
Income from donations and grants Is recogni5ed when there is evldence of entitlement to the glft, receipt
is probable and Its amount can be measured reliably.
Income from donated goods is measured at the fair value of the goods unless this is impractical to
measure reliably, in which case the vale 15 derived from the cost to the donor or the estimated resale
value. Donated facllltles and se￿iceS are recognised in the accounts when received if the value can be
reliably measured, No amounts are included for the CL)ntribution of general volunteer5.
Income from contracts for the supply of servlces Is recognlsed wlth the dellvery of the contracted
service. This is classified as unrestrlcted funds unless there is a contractual requirement for it to be spent
on a particular purpose and retumed if unspent, in which case it may be regarded as restricted.
Expenditure
Liabllities a￿ recognlsed as expenditure as soon as there is a legal or constructive obllgation committing
the charity to that expenditure, it is probable that a transfer of economlc benefits will be required in
settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an
accruals basis and has been classified under headings that aggregate all cost related to the category.
Where cost5 cannot be dSrectly attributed to particular headings they have been allocated to activlties on a
basis consistent with the use of resources.
Expendlture includes any VAT whith cannot be fully recovered, and Is classlfied under headlngs of the
statement of financlal attivltles to which it ￿lateS,,
Expendlture on charltable activities includes all costs incurred by a charity in undertoklng actlvlties that
further its charitable alms for the benefit of its beneficiarles, includlng those support costs and costs
relating to the govemance of the charity apportioned to charitable activities,
Other expendlture includes all expenditure that is neither related to raising funds for the charity nor part
of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs
attributable to J slngle activity are allocated directly to that attivity. Shared costs are apportioned
between the activities they contribute to on a reasonable, justiflable and conslstent basls.
13

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCXAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUNTING POLICIES - contlnued
Government 9rants
Government grants are recognlsed at the falr value of the asset received or receivable. Grants are not
reco¥fiised until there Is reasoiiable assurance that the charity will corriply with the coiditions attaching to them
and the grants will be received.
Where the grant does not Impose speclfled future performance-related conditlons on the recipient, It is
recognised in income when the grant proceed5 are received or receivable. Where the grant does impose
specified future performance-related conditlons on the reclplent, It Is recognlsed In Income only when the
performance-related conditior>s have been met. Where grants received are prior to satisfylng the ￿venue
recognition criteria, they are recognised as a liability,
Tangible fixed assets
Tangible assets are initlally recorded at cost, and subsequently stated at Cost le55 any accumulated depreciation
and impairment losses. Any tangible assets carrled at revalued amounts are recorded at the fair value at the
date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment
losses.
An increase in the carrying amount of an asset as a result of a revaluation, Is recognlsed In other recognised
gains and losses, unless It rever5e5 a charge for impairment that has previously been recognised as
expenditure wlthln the statement of flnancial actlvlties. A decrease In the carrylng amount of an asset as a
result of revaluatlon, Is recognlsed In other recognlsed gairs and losses, except to which it offsets any previous
revaluatlon gain, in which case the loss is shown wlthln other recognised ga5ns and losses on the statement of
financial activities.
Depreciatlon
Depreciatlon Is provided at the following annual rates in order to wrlte off each asset over Its estimated useful
Plant & Machlnery
Fixtures & Fittings
250/0 reduclng balan
40010 reducing balance
Impalrment of flxed assets
A review for indicators of Impairment is carried out at each reporting date. with the recoverable amount being
estimated where such Indlcators exlst. Where the carrylng value exceeds the recoverable amount, the asset Is
impaired accordingly. Prlor Impalrments are also revlewed for possible reversal at each reporting date.
For the purposes of impairment testing, when it 15 not P055ible to estlmate the recoverable amount of an
Individual asset, an estlmate Is made of the recoverable amount of the cash generatlng unit to which the asset
belong5. The ca5h-generating unit IS the Smallest identifiable group of assets that includes the asset and
generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
For Impalrment testlng of goodwlll, the goodwill acquired In a buslness comblnation is, from the acquisition
date, allocaled to each of the cash-generating units that are expected to benefit from the synergie5 of the
comblnatlon, Irrespectlve of whether other assets or Ilabil itles of the charity are asslgned to those units.
Taxatlon
The chartty 15 exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrlcted funds can be used In accordance wlth the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restrlcted purposes within the objetts of the charity.
Restrlctlons arise when specified by the donor or when funds are raised for partlcular restricted purposes.
14

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL sfATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2023
ACCOUIITING POLICIES - continued
Ire51gn4ted Fund
The Trustees have cont￿ded that there Is a reiiulrement for three Desianated Resorves as per
previous years. A Reserve for capltal purchaslng of buses. a Reserve for calculated closing down costs
In the event of a wlndlng up of t￿e organlsatlon and a Reserve to cover 4 months runnlng costs to
enable smooth running in the event of a major fvndlng shortfall. The amounts deemed necessary as
outllned In the concern nrte below.
Penslon costs and other postsretlrem¢nt benefflts
The charitable company operates a deflned contributlon pension scheme. Contributions payable to the
tharltèble company's pension scheme are charged to the Statement of Flnancial Artlvltles In the period
to whlch they relate.
Golng Concern
The financlal statements are prepared on a going cOn￿rn basls. whlch assumes the charity wlll be In
operatTonal exlsteno for a perlod of at least 12 months from the date the accounts have been slgneij,
notwithstandlng the fart the oryanisatlon generated a total deficit In the year of £100.724 (2022'_
surplus of £127,729). Included wlthin the results for the year was a loss on dlsposal of flxed asset of
£53.822.
Slnce the year end, the charity has rEceived notification of potentlal ￿$SatIOn of fundlng from It5 moln
grant funder of the Rural Transport Fund Scheme by the Department of InfrastrurturE. At the date of
slgnlng these financlal ststements. the charlty remaln5 confident an approprlate resolutlon can. be
50Ught and fundlng provlcfed, and whilst they awalt a final decisior*, the charfty has suffident reserves
to dlscharye all its liabilities as they fall due. However, the ability of the charity to contlnue as a going
concern Is dependent on such funding being made avallable and the dlrectors have prepared the
finandal statements on the golng concern basls, on the a55umptlon such fundlng wlll be re￿Ived.
DONATIONS AND LEGACIES
2023
2022
Dlsablllty Actlon Trnnsport Scheme
Asslsted Rural Transport Scheme
Rural Transport Fund Scheme
DfI Trpital Grant
DfI COVID-19 Grant
Fermanagh Omagh Dlstdrt Coundl
32,120
81.072
321,980
20,966
67,414
321,981
72,938
76,934
560 233
OTHER TRADING AcfIviTIES
2023
2022
Membershlp
15

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
INCOME FROM CHARITABLE AcrivrrIES
.. 2833..
2022
Actlvity
Kestricted Charitable acrivities
Unrestricted Charltable activlties
Unrestricted Charitable activltles
Unrestricted Charitable activities
Passenger one to one
other income
MIDAS tralnlng fee
Group booking
55,385
35,670
35
loo
200
CHARITABLE AcfiviTZES COSTS
Support
costs {see
note 7)
Dlrett
Costs
Totals
Restrlcted Charitable Activitles
Unrestricted Charltable actlvltles
462,919
62,823
525,742.
491 666
554 489
SUPPORT COSTS
Informatlon
technology
Management
Flnance
Totals
Restrlcted Charltable actlvltles
Support Costs, Included in the above, a￿ as follows:
2023
2022
Rent
Insurance
Llght and heat
Telephone
Postage and stationery
Advertlsing
Sundrtes
Repairs
Professional fees
Bad debts
Bank charges
expense5
10.943
1,212
10,877
5,180
5,289
1,651
4,017
977
9,886
755
1,134
10,649
1,416
3,585
3,294
3,125
3,793
4,047
3,186
5,185
106
710
16

FERMANAGH COMMUNrrY TRANSPORT
NOTÈS TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
NET INCOME/{EXPENDITURE)
Net Incomel(expendlture) Is stated after charglngl(crediting)'.
-2023
Depreciation owned assets
(Gain)11055 on disposal of ftxed assets
33,385
42,792
13 862)
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2023 nor for the year
ended 31 March 2022.
Trustees. expenses
Trustees expenses of £Nil were paid for the year ended 31 March 2023, (2022 - £Nil),
io.
STAFF COSTS
2023
2022
Wages and salarles
Soclal security costs
Other penslon costs
257,558
14,788
233,229
13,316
283 900
258 044
The average monthly number of employees during the year was as follow5..
2023
2022
Employees
15
16
No employees recelved emoluments In excess of £60,000.
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvrrIES
Unrestrlcted
fund
Restricted
fund5
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacles
560,233
560,233
Charltable actlvlties
Restrirted Charitable activitSes
Unrestrlcted Charltable actlvltles
35,670
35,670
2,099
2,099
Other trading artlvltles
other Income
167
167
Total
16.128
595,903
612,031
EXPENDITURE ON
Charitable activities
Restricted Charltable attivitles
Unrestricted Charitable activities
465,956
465,956
Total
465
17

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
ii.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcrivrriES - contlnued
Unrestrfcted
fund
Restricted
fund5
Total
funds
NET INCOME/(EXPENDITURE)
(2,218)
129,947
127,729
Transfer$ between funds
Net movement In funds
(2,218)
129,947
127,729
RECONCXLIATION OF FUNDS
Total funds brought forward
509,494
146,634
656,128
TOTAL FUNDS CARRIED FORWARD
507 276
276 581
783 857
12.
TANGIBLE FIXED ASSETS
Fixtures
and
fittings
Plant and
machlnery
Totals
COST
At l April 2022
Additions
Disposals
406,674
59,952
71 762)
20,495
427.169
59,952
71762)
At 31 March 2023
394 864
415 359
DEPRECIATION
At l April 2022
On Disposals
Charge for year
284,737
(17,940)
17,277
302,014
{17,940)
At 31 March 2023
298 814
317 459
NET BOOK VALUE
At 31 March 2023
At 31 Vlarch 2022
121937
125 156
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade debtors
Other debtors
VAT
Prepayments and accrued income
36,732
40,882
10,289
6,199
18

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Trade credltors
Social securlty and othertaxes
other creditors
Accruals and deferred income
25.824
6,279
758
27,856
7,001
1,584
15.
MOVEMEMf IN FUNDS
Net
movement
in funds
Transfers
between
funds
At 114122
Al 3113123
Unrestricted funds
General fund
507,276
119,232)
488.044
Restricted funds
DFI Rural Transport Fund
DFI Capital Grant
208,506
68,075
(27,670)
(53,822)
180,836
14,253
TOTAL FUNDS
783,857
(100,724)
683,133
Net movement in funds, included in the above are as follows:
Incomlng
resources
Re50urces
expended
Movement
in funds
Unrestricted funds
General fund
9,515
(28,747)
(19,232}
Restricted funds
DFI Rural Transport Fund
Assisted Rural Transport Scheme
Disability Action Transport Scheme
Gain/{Loss) on disposal of capital assets
Other Restrlcted
321,980
81,072
32,120
(53,822)
62,900
(349,650)
(81.072)
(32, 120)
(27,670)
{53,822)
62 900}
444 250
525 742)
81 492)
TOTAL FUND5
453,765
{554,489)
(100,724)
19

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - rontinued
FOR THE YEAR ENDED 31 MARCH 2023
15.
MOVEMENT IN FUNDS - continued
Comparatives fop mo¥ement ITr funds
Net
movement
in funds
Transfers
betlrieen
fvnds
At 114121
At 3113122
Unrestrlcted funds
General fund
509,494
(2,218)
507,276
Restrlcted funds
DFI Rural Transport Fund
DFI Capital Grant
129,197
17,437
79,309
50,638
208,506
68,075
TOTAL FUNDS
656,128
127,729
783,857
Comparatlve net movement In funds, included In the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General fund
16,128
118,346)
(2,218)
Restrlcted funds
DF[ Rural Transport Fund
Assisted Rural Tran5POrt Scheme
Disabillty Action Transport Scheme
Dfl Capltal Grant
Dfl COVID-19 Grant
Donations
Other Restricted
321,981
67,414
20,966
72,938
76,934
(242,672)
(67,414)
(20.966)
(22,300)
(76,934)
79,309
50,638
595,903
(465,956)
129,947
TOTAL FUNDS
16.
EMPLOYEE BENEFIT OBLIGATIONS
Deflned contributlon plans
Contributions to defined contributlon plans are recognised as an expense in the period in whlch the related
service is provlded. Prepaid contributions are recognlsed as an asset to the extent that the prepayment
will lead to a reduction in future payments or a cash refund.
When contributions aff not expected to be settled wholly within 12 months of the end of the reporting
date in whlch the employees render the related service, the Ilablllty is measured on a dlscounted present
value basis. The unwindin9 of the discount is recognised as an expense In the period in which it arises.
The amount recognised irs incorne or expendlture as an expense in relation to defined contribution plans
was £11,554 (2022: £11,499).
17.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
20

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023
18.
DFI RURAL TRANSPORT FUND GRANT
The Dfl Rural Transport Fund grant hès been used solely for the purposes intended and in accordance with
the terms and conditions of the grant.
21

FERMANAGH COMMUNrrY TRANSPORT
DETAILED STATEMENT OF FINANCIAL AcfIvITIES
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
INCOME AND ENDOWMENTS
Donations and legacles
Disability Action Transport Scheme
Assisted Rural Tr4n5POrt Scheme
Rural Transport Fund Scheme
Dfl Capital Grant
Dfl COVED-19 Grant
Fermanagh and Omagh District Council
32,120
81,072
321,980
20,966
67,414
321,981
72,938
76,934
7,515
442,687
560,233
Other tradlng aetlvltles
Membershlp
267
167
Charitable activitles
Passenger one to one
Other income
MIDAS training fee
Group booklng
55,385
35,670
35
loo
200
9,048
64,633
37,769
other income
Gainl (loss) on Sale of tangible fixed assets
53,822)
Total incoming resources
453,765
612,031
EXPENDITURE
Charitable actlvltles
Wages
Social securlty
Pensions
Tralnln9
Motor costs - direct
Plant and machinery
Flxtures and flttlngs
257,558
14.788
11,554
3,394
170,986
32,018
233,229
13,316
11,499
2,135
L33,225
40,646
491,666
436,196
Support C05t$
Management
Rent
Insurance
Light and heat
Telephone
Postage and stationery
Advertlsing
Sundries
Carried forward
10,943
1,212
10,877
5,180
5,289
1,651
4,017
39,169
10,649
1,416
3,585
3,294
3,125
3,793
4,047
29,909
This page does not form part of the statutory financial statements
22

FERMANAGH COMMUNrrY TRANSPORT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
2023
2022
Management
Brought forward
Repairs
Proressional fees
Bad debts
39,169
977
9.886
755
29,909
3,186
5,185
106
50,787
38,386
Flnance
Bank charges
1,134
710
Informatlon technology
IT expenses
9.010
Total resources expended
554 489
484 302
Not surplus/(deficlt)
100 724)
127 729
This page does not form part of the statutory flnancial statements
23