REGISTERED COMPANY NUMBER: N1610269 (Northern Ireland)
REGISTERED CHARITY NUMBER: 101626
FERMANAGH COMMUNrrY TRANSPORT
RepoRT OF THE TRUSTEES AND
AUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CavanaghKelly
Chartered Accou ntants and Statutory Auditors
36-38 Northland Row
Dungannon
Co. Tyrone
BT716AP

FERMANAGH COMMUNITY TRANSPORT
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Trustees
Report of the Independent Audltors
8 to 10
Statement of Flnanclal Actlvltl•$
li
Stat•m•nt of Flnandal Posltlon
12
Statement of Cash Flowi
13
Not•s to th• Statement of Cash Flow•
14
Notes to th• Flnanclal Statem•nt•
15 to 23
D•talled Statement of Flnanclal Actlvltl¢•
24 to 25

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees. who are also dlrectors of the charlty for the purposes of the Companies Act 2006, present thelr
report wlth the flnandal statements of the charlty for the year ended 31 March 2024. The trustees have
adopted the provlslons of Accounting and Reportlng by Charltles: Statement of Recommended Practice
appllcable to charities preparlng their accounts in accordance wlth the Flnanclal Reporting Standard applicable
In the UK and Republlc of Ireland (FRS 102) (effectlve l January 2019).
OBJECTIVES AND AcnvmES
Objectlves and alms
The principal objectlves are to reduce soclal excluslon by providing an affordable, acce5s1ble and rellable
transport servlce In rural areas of Fennanagh.
Actlvltles and a¢hlev•m•nts
Charltabl• Attlvlti•s
Rural Dlal a Uft Door to S•Thl¢•
Comparlng 2023124 agaSnst 2019120, performance of the Rural Dlal-a-Llft Sen4lce by number of trlps In 2024
{27,529) Is at 102% of the 2020 (27,037 trlps) performance. In 2022123, Fermanagh Communlty Transport
{Fcf) achleved 26,777 Rural Dlal a Llft trlps. Thls represented an Increase of 752 or 2.8%. Thls Is
undoubtedly a posltSve achlevement wlthln the contlnulng context of Increaslng Costs and ongolng fundlng
uncertalnty. However, In counterbalance to thls, Fcf has wltnessed a slgnlficant Increase In the number of
'Refusals' In 2023124. Thls phenomenon demonstrates that Fcf has reached saturatlon polnt In terms of
operatlonal capaclty afforded through the level of fundlng recelved through the Department of Infrastructure'5
Rural Transport Fund. Need and demand wlthln and across our rural communlty wlthln County Fermanagh are
exceedlng our capaclty to meet It. Thls Is Incredlbly frustratln9 glven the Ilfe-llne nature of our servlce and Its
crltlcallty to ensurlng access to baslc and essentlal servlces for those most removed from publlc transport and
or wlthout access to a car and who are predomlnantly older people, people wlth dlsabllltles and women. Most
of our members/ passengers are multlple Sdentlty In that they are often older, wlth a dlsablllty and female.
The largest purpose by category Is day opportunltles whlch stands at 12,408 or 45% of totsl Rural Dlal a Llft
Trlps. Thls represents a 1.2% rlse on the total for day opportunlty trlp number In 2022123. Thls Indlcates
that an Increaslng number of d15abled and elderly rural Indlvlduals rely on our servlce to get them to thelr day
opportunltles.
Rural Dlal a Llft TrlPSX PuFpose 2023124
R•i¥+Jl
451

FERMANAGH COMMUNfTY TRANSPORT
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024
..contlnued
In second place Is shopplngl personal buslnessl soclal vlslts whlch account for 30.3010, a rlse of 0.6% on
2022123 (8,033 trlps to 8,341 trlps). Educatlon came in at IO% compared to 9.6Wo In 2022123 (2,571 trlps to
2,722 trips). The training and employment category has fallen in absolute terms from 1,687 trips to 886 trlps,
representlng a reductlon In relatlve terms from 6.3% to 3%. Thls Is Ilkely attrlbutable to our Increaslng
Inability to offer the trlp needs of those who would wlsh to Use the servlce for tra5nlng and employment. FCT
cannot provide the dally tlme span to accomrnodate this category to the extent which Is sought. Health
related trips accounted for a comblned IO% of total DAL trlp numbers In 2023124, a rlse of 0.3% on 2022123
(2,597 trips to 2,797 trlps).
Dl•ablllty Actlon Trnnsport Scheme
Comparlng 2023124 against 2019120, the Dlsablllty Actlon Transport Scheme achleved 1,678 trlps compared
to 1,900 In the financlal year 2019120. 11010 (222) fewer trlps were achleved In 2023124 compared to
2019120. In relatlon to 2022/23, 1,705 trlps were achleved. 2023124 has therefore achleved 27 fewer trlps.
Thls Is a hlghly positive result glven the uncertalnty and relatlve reductlon In the fundlng made avallable for
the Dlsablllty Actlon Transport Scheme.
The relatlve breakdown of the Dlsablllty Actlon Transport Scheme trlps by purpose for the flnanclal year
2023124 1$ shown below.
DlsabilltyA¢t5on Transport Scheme Trlps x Purpose 2023124
IhpppipwP•T¥PMI.
Ih&th-Lo¢ai
E&utail=
J*
68% (1,141) of DATS trlps In 2023124 were for day opportunltles. This compares to a relatlve flgure of 63.6%
In 2022123. The total trlps for day opportunltles In 2022123 was 1.084. Health related appolntments both to
Hospltal and GP have rlsen by 0.6%, up from 314 to 317. Shopplng accounted for 9% (155 trips) In 2023124,
compared to (9.7 % ) (166 trlps) In 202V23.
Both the DAL and DATS flgures remaln strong wlthln the contlnulng context of relatlve fundlng uncertalnty and
relatlve fundlng redurtlons, but the Increaslng level of 'Refusals' across both DAL and DATS clearly
demonstrates that we have reached our maxlmum capaclty and are beglnnlnq to show slgns of reduction. We
cannot do more wlth less and less year on year.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
..continued
Motablllty Out of Arn• Home to Hospltal, Health and Wellbelng Serv1¢•
The Motabllity Out of Area Home to Hospltal, Health and Wellbelng Seniice which has been funded by the
Motablllty Foundatlon for a 3-year perlod as part of the overall £3.4 mllllon collaboratlve Programme whlch Is
being led by Easilink in Strabane, Omagh and Foyle, along with North Coast Communlty Transport and CDM
Communlty Transport commenced properly although tentatively In September 2023.
The ple chart below shows that Fcf has dellvered 162 trlps slnce September 2023 to the 31st March 2024. By
far and away the largest category of trlp has been for attendan￿ at hospltal appolntments outslde of the
Fermanagh area. Over thls early perSod Sn the servlce roll-out, members have been taken to Altnagelvln
Hospital, Mld-ulster Hospltal, Omagh Hospltal and Health Complex and the Clty Hospital In Belfast.
Motabllltyscheme
H•8lih. Oih•r
146.
A•ereollon
Volunteer Soclal Car S¢h•me
Last year FCT had 8 volunteers under Its volunteer soclal car scheme. Thls has rlsen to 15 In 2023-24.
Our Volunteer Soclal Car Scheme drlvers have been absolutely outstandlng In 2023124. In a year where we
have been operatlng for much of the tlme below par In terms of pald drlvers due to fundlng uncertalnty and
reductlons, the volunteers have stepped up and met the need and demand, especlally for the Increaslng
hospital and health related trlps across both the DAL and DATS, and wlthln the new Motablllty Scheme Out of
Area Service whlch started to corne onllne tentatlvely last September (2023).
Group Hlre Wlth and Wlthout Fcf Drlver
Group hlre on a self-drlve basls has begun to show some upllft In 2023/24. Thls appears to have been drlven
by the increaslng cost pressures and constraints faced by many of our local communityi voluntary and sport
groups for whom prlvate transport Is becomlng an Increasingly unviable optlon. Our servlce has enabled
several groups to contlnue to offer their group members the opportunlty to travel to varlous sporting and
communlty events within Fermanagh, across Northern Ireland and the United Kingdom. We had 2 accesslble
mlnlbuses whlch spent 2 weeks in England in the Summer of 2023.
Whilst we anticipate that this trend in group self-hire will contlnue, It w511 not add any signlflcant deg￿e of
earned Income to the organlsatlon's resources, especlally In any way toward making up for the reduction In
fundlng from the Department for Infrastwcture. The fact remains and has been impressed on the Department
for Infrastructu￿ on numerous occasions and as reported wlthln the Trustee Report 2023, 'Fermanagh does

FERMANAGH COMMUNITY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
.contlnued
not have the slze or denslty of populatlon of the other counties in Northern Ireland, nor does it have the
economic value. Fermanagh records the lowest economlc value of the other countles in Northern Ireland. As
such, the vehlcle h1￿ wlth driver market is simply not there. Of the groups in the past who did avall of thls
servlce, many have gone out of operatlon due to an end of fundlng Streams and the rlslng costs of operation,,
Membershlp Number•
Membership of Fcf's Rural Dial a Lift Door to Door Serv1￿ stands presently at 941. A recent Ilst cleanslng
exerclse brought the number of registered members down below 850 from over 1,000 members. It Is
Important to note that we are not attlvely promotlng the Dlal a Llft Servlce due to the budget clrcumstances,
yet we are seelng our membershlp upllft from the reduced membershlp followlng the Ilst cleanslng exerclse In
early 2024. Thls trend wlll undoubtedly contlnue considerlng the agelng demographlc wlthln the County, the
lack of avallable, sultable and accesslble publlc transport, the prohlbitive cost of taxis and the continuing c05t
of Ilvlng pressures whlch contlnue to rlse albeit at a slower rate from 2022123.
F￿ contlnues to lialse and collaborate wlth Fermanagh and Omagh Distritt Council Communlty a'nd Voluntary
Sector Forum, Communlty Planning Anti-Poverty Group, South West Agelng Partnership, Communlty Transport
Assoclatlon UK, RCTPS Managers. Forum and DfI, Queens Unlverslty of Belfast, Dlsablllty A¢tlon, RNIB, the
Eallng CT Soclal Value Calculator Revlsion and Update Group, the Large Communlty Transport Operators
Group (UK), our Motablllty Programme Partners, as well as supportlng numerous other Inltlatlves locally,
reglonally and UK wlde.
Publ1¢ b•n¢flt
The Trustees of Fermanagh Community Transport conflrm that they have complled wlth thelr duty under
sectlon 4(6) of the Charltles Art (Northern Ireland) 2008 to have regard to the Charlty Commlsslon for
Northern Ireland's guldance on public beneflt and that the publlc benefit requlrement has Informed the
actlvltles of the charltable company In the year ended 31 March 2024.
Flnanclal revlew
Flnan¢lal posltlon
Sources of fundlng for the Charlty have remained stable wlth the charlty generatlng a surplus durlng the year
of £50,737 (2023: deflclt £100,724).
The Charity uses Its reserves to cover any deficlts In Ilne with the Charlty's Reserves Pollcy.
Reserves polley
Fermanagh Community Transport's current pollcy Is to trade and dellver senilces, employ staff, rent premlses,
purchase/hlre/lease vehicles and equlpment, purchase goods and servlces. The Fermanagh Communlty
Transport Trustees must ensure that it has sufflclent resources.
It Is consldered g¢xJd practice to seek to bulld financial reserve5 whlch will enable the organlsatlon to meet
future commitments or unforeseen expenses without a negative impact on the ablllty to dellver servlces or
develop our buslness In the manner planned.
By holdlng reserves, the organisation will be able to.
• absorb setbacks and take advantage of changes and opportunltles;
demonstrate a plan for viability beyond the Immediate future and provlde rellable servlces over the longer
demonstrate to funders that the organlsatlon has glven conslderatlon to long-term plans and vlablllty.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
..contlnued
Prlnclpal rlsks and uncertalntles
The Trustees have conducted a review of the key rlsks facing the charity and have establlshed procedures to
manage those rlsks. Slgnificant external rlsks In relation to fundlng have led to the development of a strateglc
plan which allows for the dlversmcatlon of funding and activltles. Internal risks are minimlsed by the
Implementation of procedures for authorisation of all transactions and to ensure consistent quality of dellvery
for all operational aspects of the charlty. These procedures are perlodlcally ￿vIewed to ensure that they stiii
meet the needs of the charlty.
Golng Concern
The financlal statements are prepared on a golng concern basls, whlch assumes the charlty wlll be In
operatlonal exlstence for a period of at least 12 months from the date the accounts have been slgned.
STRATEGIC REPORT
STRucfuRE. GOVERNANCE AND MANAGEMENT
Gov•rnln9 document
The charlty Is controlled by Its governlng document, a deed of trust, and constitutes a Ilmlted company•
limited by guarantee, as deflned by the Companles Att 2006.
Oryanlsatlonal structure
Fermanagh Communlty Transport Is a company Ilmlted by guarantee, not havlng a share capltal. It Is
reglstered as a charfty wlth the Charlty Commlsslon NI.
The charltable company was established under a Memorandum of Assoclatlon whlch establlshed the objects
and powers of the charltable company and Is governed under Its Artlcles of Assoclatlon.
Anyone wlthin the area of beneflt who subscrlbes to the objects of the Company can become a member of the
Company. Sultable new Trustees are recrulted from among the members by the current trustees and
presented to the AGM to be appointed as per the Governlng Document.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
.contlnued
REFERENCE AND ADMINisfRATIVE DETAILS
Registered Company number
N1610269 (Northem Ireland)
R•gl8t•red Charlty number
101626
Regl•tered offlc•
42 Ennlskillen Buslness Centre
Lackaghboy Industrlal Estate
Enniskillen
BT74 4RL
Tru•t•es and dlrectors
Barry Boyle
Elleen Drumm
Allison Forbes
Catherlne Magowan
Barry Mcmanus - appolnted 27 June 2023
David Monaghan
Company Secr•tary
Davld Monaghan
REFERENCE AND ADMINisfRATIVE DETAILS
Audltor•
CavanaghKelly
Chartered Accountants and Statutory Audltors
36-38 Northland Row
Dungannon
Co. Tyrone
8T71 6AP

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
..contlnued
srATEMENT OF TRusfEES' RESPONSIBILrriES
The trustees (who are also the directors of Fermanagh Communlty Transport for the purposes of company law) are
responslble for preparlng the Report of the Trustees and the flnanclal statements In accordance wlth appllcable law and
Unlted Klngdom Accounting Standards (Unlted Kingdom Generally Accepted Accountlng Practlce).
Company law requlres the trustees to prepare flnancial statements for each financlal year which glve a true and falr
vlew of the state of affalrs of the charltable company and of the incoming resources and applicatlon of resources,
Includlng the Income and expendlture, of the charitable company for that perlod. In preparing those financlal
statements, the trustees are requlred to:
select suitable accountlng policles and then apply them conslstently;
observe the methods and prlnclples In the Charlty SORP;
make Judgements and estlmates that are reasonable and prudent;
prepare the financial statements on the golng concem bas15 unless It Is Inapproprlate to presume that the
charltable company wlll contlnue In buslness.
The trustees are responslble for keeplng proper accountlng ￿cordS whlch dlsclose wlth reasonable accuracy at any
tlme the flnanclal position of the charltable company and to enable them to ensure that the financlal statements
comply wlth the Companles Att 2006. They are also responslble for safeguardlng the assets of the charltable company
and hen￿ for taklng reasonable steps for the preventlon and detectlon of fraud and other Irregularlties.
In so far as the trustees are aware:
there Is no relevant audlt Informatlon of whlch the charltable company's audltors are unaware; and
the trustees have taken all steps that they ought to have taken to make themselves awa￿ of any relevant audlt
Informatlon and to establlsh that the audltors are aware of that Informatlon.
AUDITORS
The audltors, CavanaghKellyi wlll be proposed for re-appolntment at the forthcomlng Annual General Meetlng.
Report of the trustees, Incorporatlng a strateglc report, approved by order of the board of trustees, as the company
dlrectors, on 25 June 2024 and slgned on the l>oard's behalf by:
Cathe
Trust
e Mago

FERMANAGH COMMUNITY TRANSPORT
REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPORT
FOR THE YEAR ENDED 31 MARCH 2024
Opinion
We have audited the financial statements of Fermanagh Communlty Transport (the 'charltable company,) for the year
ended 31 March 2024 which comprise the Statement of Flnanclal Actlvlties, the Statement of Flnancial Position, the
Statement of Cash Flows and notes to the financial statements, including a summary of slgnificant accounting policies.
The financial reporting framework that has been applied In their preparatlon is appllcable lavi and Unlted Klngdom
Accounting Standards (United Kingdom Generally Accepted Accountlng Practlce).
In our opinlon the financial statements:
• give 3 true and fair view of the state of the charltable company's affalrs as at 31 March 2024 and of Its
incoming resources and applicatlon of resources, Including Its income and expenditure, for the year then
ended;
have been properly prepared In accordance wlth United Kingdom Generally Accepted Accountlng Practlce; and
have been prepared In accordance wlth the requirements of the Companles Act 2006.
Basls for oplnlon
We conducted our audit In accordance wlth International Standards on Audltlng (UK) (ISAS (UK)) and applicable law.
Our responsibllities under those standards are further descrlbed In the Audltors, responslbllltles for the audlt of the
flnanclal statements sectlon of our report. We are Independent of the charltable company In accordance wlth the
ethical requirements that are relevant to our audlt of the flnancial statements In the UK, Includlng the FRC's Ethlcal
Standard, and we have fulfilled our other ethlcal responslbllltles in accordan￿ wlth these requlrements. We belleve
that the audlt evldence we have obtalned Is sufflclent and approprlate to provlde a ba515 for our oplnlon.
M•terf•l unc•rtalnty related to golng conc•rn
We draw attentlon to Note 2 on page 17 In the financlal statements, whlch Indlcates that the reductlon of key fundlng
In respect of the Rural Transport Fund Scheme by the Department of Infrastructure Is Ilkely to have a slgnificant
Impact on the operatlons and abllity of the charity to contlnue as a golng concern. As stated In the note, these events
and condltlons, along with the other matters set forth In Note 2, indlcate a potentlal materlal uncertalnty that may
cast doubt on the company's ablllty to continue as a golng concern. Our opinion is not modlfled In thls regard.
In audltlng the flnanclal statements, we have concluded that the dlrectors, use of the golng contsrn basls of
accountlng in the preparatlon of the financlal statements 15 approprlate.
Oth•r Informatlon
The trustees are responslble for the other Informatlon. The other Informatlon comprises the information Sncluded In the
Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our oplnion on the flnanclal statements does not cover the other Information and, except to the extent otherwlse
explicitly stated In our report, we do not express any form of assurance conclusion thereon.
In connectlon wlth our audlt of the financlal statements, our responsibility Is to read the other Information and, In
dolng so, consider whether the other Informatlon Is materlally inconsistent with the flnanclal statements or our
knowledge obtained in the audit or otherwise appears to be materlally mlsstated. If we Identlfy such material
Inconslstencles or apparent materlal mlsstatements, we are requlred to determlne whether thls glves rlse to a materlal
mlsstatement in the financlal statements themselves. If, based on the work we have performed, we conclude that
there is a material misstatement of this other Information, we are required to report that fact. We have nothing to
report In thls regard.
Oplnlon• on other matters pres¢rlbed by th¢ Companle• Act 2006
In our oplnlon, based on the work undertaken In the course of the audit:
• the information given in the Report of the Trustee5 for the financial year for which the financial statements
are prepared is conslstent with the financial statements. and
thp Reprjrt nf thp Tnistpp.s ha< bppn prppar•d In xrrnrdanre wlth ?pplScable l@9al reqiilrempntrs.

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE INDEPENDEKf AUDITORS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPORT
FOR THE YEAR ENDED 31 MARCH 2024
..continued
Matters on whl¢h we are requlrnd to report by exceptlon
In the Ilght of the knowledge and understanding of the charitable company and its envlronment obtained in the
course of the audit, we have not identlfied material misstatements in the Report of the Trustees. We have
nothlng to report in respect of the followlng matters where the Companles Act 2006 requlres us to report to you
If, In our oplnion:
• adequate accountlng records have not been kept or returns adequate for our audlt have not been
received from branches not vlslted by us; or
the flnancial statements are not In agreement with the accountlng records and retums; or
• certain dlsclosures of trustees, remuneration specified by law are not made. or
• we have not recelved all the Informatlon and explanations we requlre for our audlt.
Responslbllltlos of trust¢¢s
A5 explalned more fully In the Statement of Trustees, Responslbllltles, the trustees (who are also the dlrectors
of the charitable company for the purp05e5 of company law) are responslble for the preparatlon of the financial
statements and for belng satlsfled that they glve a true and fair view, and for such Internal control as the
trustees determlne is necessary to enable the preparation of flnanclal statements that are free from materlal
mlsstatement, whether due to fraud or error.
In P￿parIng the flnandal statements, the trustees are responslble for assesslng the charitable company's
ablllty to contlnue as a golng concern, dlscloslngi as appllcable, matters related to golng concern and uslng the
going concern basls of accountln9 unles5 the trustees either Intend to Ilquldate the charitable company or to
cease operatlons, or have no reallstlc alternative but to do so.
Our r•sponslbllltl•s for the •udlt of the flnanclal statements
Our objertlves are to obtaln reasonable assurance about whether the flnanclal statements as a whole are free
from materlal mlsstatement, whether due to fraud or error, and to Issue a Report of the Independent Audltors
that Includes our oplnlon. Reasonable assurance Is a hlgh level of assurance but Is not a guarantee that an
audlt conducted In accordance wlth ISAS (UK) wlll always detert a material mlsstatement when It exlsts.
Mlsstatements can arlse from fraud or error and are consldered materfal If, IndSvldually or In the aggregate,
they could reasonably be expected to Influence the economlc declslons of users taken on the basls of these
flnanclal statements.
Irregularltles, Includlng fraud, are instances of non-compllance with laws and regulatlons. The objectlves of our
audit In respect of fraud are to assess the rlsk of materSal mlsstatement due to fraud, desSgn and Implement
approprlate responses to those assessed rlsks and to respond approprlately to Instances of fraud or suspected
fraud Identlfled during the course of our audlt. However, the prlmary responsibility for the preventlon and
detectlon of fraud rests wlth management and those charged wlth governance of the charltable company.
In Identlfylng and asses51ng rlsks of materlal mlsstatement In respect of irregularitles, Includlng fraud and non-
compllance wlth laws and regulations, our procedures Included the following:
We obtalned understandlng of the legal and regulatory requlrements appllcable to the charltable company's
flnancial statement5 and considered the most significant are the Companies Art 2006, Flnanclal Reportlng
Standards (FRS 102), and the Charitles Act 2011.
We have assessed the rlsk of materlal misstatement of the flnanclal statements, Includlng risk of material
misstatement due to fraud and how it might occur by holdlng discussions wlth management and those charged
wlth govemance.
We enqulred of management and those charyed with governance as to any known instances of non-
iompllaThLe ill tsiispeited Ilu(I-Luii IpIi(IfiLe wiil I IdYlS aiid i eyuldtiviis-
Understandlng the internal controls establlshed to mltlgate risks related to fraud or non-compllance wlth
laws and regulatlons; and
Discussions amongst the audit engagement team regarding how fraud might occur In the financial
statements and any potentlal Indlcators of fraud. As part of this dlscusslon we Identified the following potential
areas where fraud may occur: completeness of revenue recognition in respect of grant income and

FERMANAGH COMMUNrrY TRANSPORT
REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF FERMANAGH COMMUNITY TRANSPOR"
FOR THE YEAR ENDED 31 MARCH 2024
..continu•d
management overrlde.
The audit response to rlsks Identlfled included:
Revlewing the financial statements disclosures and testlng to supportlng documentation to assess compllance
wlth the relevant laws and regulations above.
Performlng analytical procedures to identlfy any unusual or unexpected relatlonshlps that may indlcate risk of
materlal misstatement due to fraud;
In addresslng the risk of fraud through management override of controls, testing the appropriateness of
Joumal entries and other adjustments, assesslng whether the judgements made in making accountlng estimates
are reasonable and evaluatlng the buslness ratlonale of any slgnlflcant transattlons that are unusual or outslde
the normal course of buslness.
A further descrlptlon of our responsibillties for the audlt of the flnancial statements Is located on the Flnanclal
Reportlng Councll's webslte-at www.frc.org.uk/audltorsresponslbllltles. Thls descrlptlon forms part of our Report
of the Independent Audltors.
Use of our report
Thls report Is made solely to the charltable company's members, as a body, In accordance wlth Chapter 3 of Part
16 of the Companles Art 2006. Our audlt work has been undertaken so that we mlght state to the charltable
company's members those matters we are required to state to them In an audltors, report and for no other
purpose. To the fullest extent permltted by law, we do not accept or assume responslblllty to anyone other than
the charltable company and the charitable company's members as a body, for our audlt work, for thls report, or
for the oplnlons we have formed.
Ryan Fall• FCA {Senlor Statutory Audltor)
for and on behalf of CavanaghKelly
Chartered Accountants and Statutory Audltors
36-38 Northland Row
Dungannon
Co. Tyrone
BT716AP
Date: 25 June 2024
10

FERMANAGH COMMUNITY TRANSPORT
STATEMENT OF FINANCIAL ACTIVXTIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
restated
Unrestrlcted
fund
Restrlcted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacles
532,505
532,505
438,797
Charltable actlvltl
Charltable actlvltles
Other trading attivities
Other galns/(losses) on dlsposals of assets
18,884
333
57,738
76,622
333
68,523
267
(53,822)
Total
19,217
590,243
609,460
453,765
EXPENDITURE ON
Charltable attlvrties
13,947
544,776
558,723
554,489
NET INCOME/(DEFICIT)
5,270
45,467
50,737
(100,724)
RECONCILIATION OF FUNDS
Total funds brought forward
488,044
195,089
683,133
783,857
TOTAL FUNDS CARRIED FORWARD
493 314
240 556
733 870
683 133
CONTINUING OPERATIONS
All income and expenditure has arlsen from contlnulng actlvltles.
The above Statement of Flnanclal Actlvltles Includes all Informatlon as requSred to be dlsclosed by the
Companles Act 2006,
The Statement of Financial Actlvltles Includes all galns and losses recognlsed durlng the year.
The notes on pages 15 to 23 form an Integral part of these flnanclal statements.
11

FERMANAGH COMMUNrrY TRANSPORT
STATEMENT OF FINANCIAL POSITION 31 MARCH 2024
2024
Total
funds
2023
Total
fund$
Unre$trirted
fund
R•strfcted
funds
Notes
FIXED ASSETS
Tangible assets
13
66,588
115,289
181,877
97,900
CURRENT ASSErs
Debtors: amounts falllng due wlthln one year
Cash at bank and In hand
14
63,483
427 532
15,636
109 631
79,119
537 163
61,067
561 032
491,015
125,267
616,282
622,099
CREDITORS
Amounts falling due within one year
15
(64,289)
(64,289)
(36,866)
NEf CURRENT ASSETS
426 726
125 267
551993
585 233
TOTAL ASSETS LESS CURRENT LIABILMES
493,314
240,556
733,870
683,133
NET ASSErs
493 314
240 556
733 870
683 133
FUNDS
Unrestrlcted funds
Restrlcted funds
16
493,314
240 556
488,044
195 089
TOTAL FUNDS
733 870
683 133
The flnanclal statements were approved by the Board of Trustees and authorlsed for Issue on 25 June 2024 and were
slgned on Its behalf by:
Catherine
Trustee
agowan
12

FERMANAGH COMMUNrrY TRANSPORT
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operatlng artlvltles
Cash generated from operatlons
120 916
19 394)
Net cash provided by/(used in) operatlng actlvltles
120 916
19 394)
Cash flows from Inv•stlng actlvltles
Purchase of tanglble flxed assets
Sale of tanglble flxed assets
13
(144,785)
(59,952)
Net cash used In investlng actlvltles
144 785
59 952)
Change In cash and ca$h
•qulvalents In th• r•portlng perlod
(23,869)
{79,346)
Ca$h )nd cash equlvalents at the
beginning of the reporting period
561,032
640,378
Cash and cash equlvalents at th•
end of the reportlng perlod
537,163
561,032
13

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Net Income for the reportlng p¢rlod (as per the Statement of
Flnancial Activlties)
Adjustments for:
Depreclatlon charges
(Profit)/loss on dlsposal of flxed assets
Decrease/{Increase) in debtors
(Decrease)/lncrease In credltors
50,737
(100,724)
60,808
33,385
53,822
(2,297)
(18,052)
N•t cash provlded by/(used In) op•ratlon•
120 916
19 394)
ANALYSIS OF CHANGES IN NET FUNDS
At 114123
Cash flow
At 3113124
Net u$h
Cash at bank and in hand
561
537 163
Total
14

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
GENERAL INFORMATION
The charity Is a publlc benefit entity and a prlvate company limited by guarantee, reglstered in Northem
Ireland, registered as a charlty in Northern Ireland. The address of the registered office is 42 Ennlsklllen
Buslness Centre, Lackaghboy Industrlal Estate, Ennlsklllen, Co. Fermanagh, BT74 4RL.
ACCOUNTING POLICIES
Basls of prepjrlng the flnanclal statements
The financial statements of the charitable company, whlch Is a public benefit entity under FRS 102, have
been prepared In accordance with the Charltles SORP (FRS 102) 'Accountlng and Reportlng by Charltles:
Statement of Recommended Practlce appllcable to charities preparing thelr accounts In accordance wlth
the Flnancial Reportlng Standard appllcable In the UK and Republic of Ireland (FRS 102) {effectlve I
January 2019),, Flnanclal Reportlng Standard 102 'The Flnanclal Reportlng Standard appllcable In the UK
and Republlc of Ireland, and the Companles Act 2006. The flnanclal statements have been prepared under
the hlstorical cost conventlon.
The accounts are prepared under the hlstorlcal cost conventlon modlfled when necessary to Include the
revaluatlon of certaln flxed assets.
Income
All Income Is recognised In the Statement of FlnancSal Actlvltles once the charlty has entitlement to the
funds, It Is probable that the income wlll be recelved and the amount can be measured rellably. The
followlng speclfic pollcles are applled to partlcular categorles of Income..
Income from donatlons and grants Is recognlsed when there Is evidence of entitlement to the gift,
recelpt Is probable and Its amount can be measured rellably.
Income from donated goods Is measured at the falr value of the goods unless thls Is Impractlcal to
measure rellably, In whlch case the value Is derlved from the cost to the donor or the estlmated resale
value. Donated faclllties and servlces are recognlsed In the accounts when received if the value can be
reliably measured. No amounts are Included for the contrlbutlon of general volunteers.
Income from contracts for the supply of servlces Is recognlsed wlth the delivery of the contrarted
servlce. Thls Is classlfied as unrestrlcted funds unless there Is a contractual requlrement for It to be
spent on a partlcular purpose and returned If unspent, In whlch case It may be regarded as restrlcted.
Expendlture
Liabilities are recognlsed as expendlture as soon as there Is a legal or constructlve obllgatlon commlttlng
the charlty to that expendlture, It Is probable that a transfer of economic ber)efits wlll be requlred In
settlement and the amount of the obligation can be measured rellably. Expenditure Is accounted for on an
accruals basis and has been classlfied under headlngs that aggregate all cost related to the category.
Where costs cannot be dlrectly attrlbuted to partlcular headlngs, they have been allocated to actlvltles on
a basis conslstent wlth the use of resources.
Expendlture Includes any VAT whlch cannot be fully recovered, and Is classlfled under headlngs of the
statement of flnanclal attivities to whlch It relates:
Expendlture on charltable actlvltles Includes all costs Incurred by a charlty In undertaklng actlvltles that
further Its charitable aims for the beneflt of its beneficiaries, includlng those support costs and costs
relatlng to the governance of the charlty apportioned to charitable actlvitles.
Other expenditure Includes all expenditure that is nelther related to ralslng funds for the charity nor part
of Its expenditure on charltable activlties.
All costs are allocated to expenditure categories reflectlng the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the activities they contribute to on a reasonablei justifiable and conslstent basls.
15

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES - contlnued
Governm•nt grants
Government grants are recognised at the falr value of the asset recelved or recelvable. Grants are not
recognised until there is reasonable assurance that the charlty wlll comply wlth the condltlons attachlng to them
and that the grants will be received.
Where the grant does not Impose specifled future performance-related condltlons on the reclplent, It Is
recognised in income when the grant proceeds are recelved or recelvable. Where the grant does impose
specified future performance-related conditions on the reclpient, it Is recognlsed In Income only when the
performance-related condltlons have been met. Where grants recelved are pdor to satlsfylng the revenue
recognltlon crlterla, they are recognlsed as a Ilablllty.
Tanglble flxed assets
Tangible assets are inltially recorded at cost, and subsequently stated at cost less any accumulated depreclatlon
and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the
date of revaluatlon less any subsequent accumulated depreclatlon and subsequent accumulated Impaimient
losses.
An Increase In the carylng amount of an asset as a result of a revaluatlon, Is recognlsed In other recognlsed
galns and losses, unless It reverses a charge for Impalrment that has prevlously been recognlsed as
expenditure within the statement of flnanclal activltles. A decrease In the carrying amount of an asset as
result of revaluation, Is recognised In other recognlsed galns and losses, except to whlch It offsets any prevlous
revaluatlon galn, In whlch case the loss Is shown wlthln other recognlsed galns and losses on the statement of
flnanclal activltles.
Deprn¢latlon
Depreclatlon Is provlded at the followlng annual rates In order to wrlte off each asset over Its estlmated useful
Ilfe.
Plant & Machlnery
Flxtures & Flttlngs
25% reducing balance
40% reduclng balance
Impalrment of flxed as•ets
A review for indlcators of impairment Is carried out at each reporting date, with the recoverable amount being
estimated where such Indicators exlst. Where the carrylng value exceeds the recoverable amount, the asset Is
Impaired accordlngly. Prlor Impalrments are also revlewed for posslble reversal at each reportlng date.
For the purposes of impairment testing, when it is not posslble to estlmate the recoverable amount of an
Indlvldual asset, an estlmate is made of the recoverable amount of the cash generating unlt to whlch the asset
belongs. The cash-generatlng unlt Is the smallest Sdentlflable group of assets that Includes the asset and
generates cash inflows that largely independent of the cash inflows from other assets or group5 of assets.
For Impalrment testlng of goodwlll, the goodwlll acquired In a buslness comblnatlon Is, from the acqulsltlon
date, allocated to each of the ca5h-generating units that are expected to beneflt from the synergles of the
comblnation, Irrespective of whether other assets or liabilities of the charity are asslgned to those units.
Taxatlon
The charlty Is exempt from Corporatlon Tax on Its charitable attlvltles.
Fund accountlng
Unrestricted funds can be used In accordance wlth the charltable objectlves at the discretion of the trustees.
Restricted funds can only be used for partlcular restricted purposes wSthln the objects of the charity.
Restrictions arise when specified by the donor or when fund5 are raised for particular restrirted purposes.
16

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES - continued
Deslgnated Fund
The Trustees have concluded that there Is a requlrement for three Deslgnated Reserves as per
prevlous years. A Reserve for capltal purchaslng of buses, a Reserve for calculated closlng down costs
In the event of a windlng up of the organlsatlon and a Reserve to cover 4 months running costs to
enable smooth running in the event of a major funding shortfall. The amounts deemed necessary as
outllned In the Going Concem note below.
Penslon costs and other post-rntlrnment beneflts
The charltable company operates a deflned contrlbutlon penslon scheme. Contrlbutlons payable to the
charltable company's penslon scheme are charged to the Statement of Financlal Actlvltles In the perlod
to which they relate.
Golng Conc•rn
The financial statements are prepared on a golng concern basls, which assumes the, charlty wlll be In
operational exlstence for a perlod of at least 12 months from the date the accounts have been slgned.
The charlty generated a total surplus of £50,737 after capltal fundlng of £143,910 and depreclatlon of
£60,808 (2023: deflcit of £100,724, after depreclatlon of £33,386 and a loss on dlsposal of fixed asset
of £53,822).
Durlng the year ended 31 March 2024, the charlty recelved notificatlon that Its maln fundlng would be
reduced by the grant funder (the Rural Transport Fund Scheme by the Department of Infrastructure).
Fundlng for 2024125 Is antlclpated to reduce. At the date of slgnlng these flnanclal statements, the
charlty's trustees remaln confident that sufflclent fijndlng can be secured, and that the charlty has
sufficlent reserves to dlscharge all Its Ilabllltles as they fall due. However, the ablllty of the charlty to
continue as a golng concern Is dependent on such fundlng being made avallable and the directors have
prepared the flnancial statements on the golng concern basls, on the assumptlon such funding wlll be
recelved.
DONATIONS AND LEGACIES
2024
2023
rnstated
Dlsablllty Actlon Transport Scherne
Asslsted Rural Transport Scheme
Dfl Rural Transport Fund Scheme
Motability capital grant
Motability
Fermanagh and Omagh Dlstrfct Councll
26,635
89,180
234,777
143,910
35,585
28,230
81,072
321,980
532 505
438 797
OTHER TRADING AcfiviTIES
2024
2023
Membershlp
17

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
INCOME FROM CHAIUTABLE AcfIviTIES
2024
2023
stated
Charltable a¢tlvltle$:
Restricted
Restricted
Unrestrlcted
Restricted
Unrestricted
Unrestrlcted
DATS fares
DfI Dial a Lift fares
Other Income
Motablllty fares
MIDAS training fee
Group booklngs
3,912
50,671
170
3,155
300
3,890
55,385
200
CHARITABLE AcfivITIES COSTS
Dlrect
costs
(Note 7)
Support
costs
(note 8)
TotalA
Restrlcted Charltable Actlvlties
Unrestrlcted Charltable Activities
492,910
51,866
544,776
506,857
51,866
558,723
DIREcf COSTS
2024
2023
Salarles
Soclal Securbty
Penslons
Tralnlng
Motorlng expenses
Depreclatlon
253,996
13,402
10,922
2,447
165,282
257,558
14,788
11,554
3,394
170,987
506 857
491 666
SUPPORT COSTS
Informatlon
techno109y
Management
Flnane•
Totals
Restricted Charltable actlvltles
801
Support Costs, Included In the above, are as follows:
2024
2023
Rent
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundrles
Repairs
Professional fees
Bad debts
Bank charges
rr expenses
11,375
1,420
5,423
5,267
3,873
1,488
4,807
1,335
6.067
370
801
10,943
1,212
10,877
5,180
5,289
1,651
4.017
977
9,886
755
1,134
18

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
NEf INCOME/(EXPENDThURE)
Net incomel(expendlture) Is stated after charglng/(credlting):
2024
2023
Depreciation - owned assets
(Galn)/loss on disposal of fixed assets
60,808
33,385
io.
TRusfEES' REMUNERATION AND BENEFITS
There were no trustees, remuneratlon or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Truste￿. •xp•ns•s
Trustees expenses of £NII were pald for the year ended 31 March 2024, (2023 - £NII).
STAFF COSTS
Ix.
2024
2023
Wages and salarles
Soclal security costs
Other penslon costs
253,996
13,402
257,558
14,788
278 320
283 900
The average monthly number of employees durlng the year was as ft)Ilows:
2024
2023
Employees
14
15
No employees recelved emoluments In excess of £60,000.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvmES- YEAR END 31 MARCH 2023
Unrestrl¢t•d
fund
Re•trlcted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donatlons and legacles
438,797
438,797
Charltable artlvltles
Restrlcted Charitable artlvltles
Unrestricted Charltable actlvltles
Other trading activltles
other galns/(losses) on dlsposal of assets
59,275
59,275
9,248
267
53 822)
9.248
267
53 822)
Total
9,515
444,250
453,765
EXPENDITURE ON
Charltable actlvltles
28,747
525,742
554,489
724
19

FERMANAGH COMMUNrrY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIvrrIES - contlnued
Unrestrl¢ted
fund
Restrlcted
fund$
Total
funds
NET INCOME/(EXPENDrruRE)
(19,232)
(81.492)
(100,724)
Transfers between funds
Net movement In funds
(19,232)
(81,492)
{100,724)
RECONCILIATION OF FUNDS
Total funds brought forward
507,276
276,581
783,857
TOTAL FUNDS CARIUED FORWARD
488 044
195 089
683 133
13. TANGIBLE FIXED ASSETS
Flxture*
and
flttlngs
Plant and
machlnery
Total•
COST
At l Aprll 2023
Additions
Dlsposals
394,864
143,940
20,495
415,359
144,785
At 31 March 2024
538 804
560 144
DEPRECIATION
At l Aprll 2023
On Dlsposals
Charge for year
298,814
18,645
317,459
810
At 31 March 2024
358 812
378 267
NET BOOK VALUE
At 31 March 2024
179 992
181 877
At 31 March 2023
14.
DEBTORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
VAT
Prepayrp.eryte and arrryed Incnrn.e
29,140
36,732
36,546
10,289
20

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
15.
CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade credltors
Soclal securlty and other taxes
Other creditors
Accruals and deferred Income
49,820
5,986
1,910
25,824
6,279
758
16.
MOVEMENT IN FUNDS
Net
movement
In funds
Trnn•f•r•
b•tw•¢n
ftinds At 3113124
At 114123
Unrn•trlct•d fund•
General fund
488,044
5,270
493,314
Restrlct¢d fund$
DFI Rural Transport Fund
DFI Capltal Grant
Motablllty Capltal Grant
180,836
14,253
(98,443)
82,393
14,253
143,910
143,910
TOTAL FUNDS
683,133
50,737
733,870
Net movement In funds, Included In the above are as follows:
In¢omlng
reJource•
R￿OurteS
expended
Mov•m•nt
In fund•
Unr•strlcted funds
General fund
19,217
{13,947)
5,270
Restrlcted funds
DfI Rural Transport Fund
Assisted Rural Transport Scheme
Dlsablllty Actlon Transport Scheme
Motablllty grants
Other Restricted
234,777
89,180
30,547
179,495
(333,220)
(89,180)
(30,547)
(35,585)
56 244)
(98,443)
143,910
590 243
544 776
TOTAL FUNDS
609,460
(558,723)
50,737
21

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
16.
MOVEMENT IN FUNDS - contlnued
Comparatives for movement in funds
Net
movement
In funds
Transfers
between
funds
At 114122
At 3113123
Unrestrlcted fund*
General fund
507,276
(19,232)
488,044
Restrlcted fund•
Dfl Rural Transport Fund
Dfl Capital Grant
208,506
68,075
(27,670)
(53,822)
180,836
14,253
TOTAL FUNDS
783,857
(100,724)
683,133
Comparatlve net movement In funds, Included In the above are as follows:
In¢omlng
r•sourc••
Resources
expend•d
Movement
In funds
Unrestrlcted funds
General fund
9,515
(28,747)
{19,232)
Re•trlcted fund•
Dfl Rural Transport Fund
Asslsted Rural Transport Scheme
Dlsablllty Actlon Transport Scheme
Galn l (loss) on dlsposal of flxed assets
Other Restrlcted
321,980
81,072
32,120
(53,822)
{349,650)
(81,072)
(32,120)
(27,670)
(53,822)
444,250
(525,742)
(81,492)
TOTAL FUNDS
17.
EMPLOYEE BENEFIT OBLIGATIONS
Deflned contrlbutlon pl•n$
Contrlbutlons to defined contrlbution plans are recognlsed as an expense In the perlod In whlch the related
servlce Is provlded. Prepald contributions are recognised as an asset to the extent that the prepayment
will lead to a reductlon in future payments or a cash refund.
When contributions are not expected to be settled wholly withln 12 months of the end of the reporting
date in which the employees render the related servlce, the liablllty Is measu￿￿ on a discounted present
value basls. The unwlndlng of the dlscount Is recognised as an expense in the period in which It arises.
The amount recognised In Income or expendItU￿ as an expense in relation to defined contrlbutlon plans
was £10,992 (?0ry3'. £11,554).
RELATED PARTY DISCLOSURES
There were no related party transactlons for the year ended 31 March 2024.
22

FERMANAGH COMMUNITY TRANSPORT
NOTES TO THE FINANCIAL STATEMENTS - contlnued
FOR THE YEAR ENDED 31 MARCH 2024
19.
DII RURAL TRANSPORT FUND GRANT
The DfI Rural Transport Fund grant has been used solely for the purposes Intended and In accordance wlth
the temis and condltions of the grant.
20.
Fln•ncl)I Commltments
Fermanagh Communlty Transport had outstsndlng capltal commltments for two buses ordered prlor to
the year end. The flrst, costlng £71,955, was dellvered In Aprll 2024 and was grant funded by Motabllity.
The second, costlng £75,527, Is belng paid Fermanagh Communlty Transport from its own funds, wlth
dellvery In the summer of 2024.
23

FERMANAGH COMMUNITY TRANSPORT
DETAILED sfATEMENT OF FINANCIAL ACTIvrriES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Restated
INCOME AND ENDOWMENTS
Donations and leg•cle$
Disablllty Actlon Transport Scheme
Asslsted Rural Transport Scheme
DfI Rural Transport Fund Scheme
Motability capital fundlng of buses
Motablllty revenue fundlng
Fermanagh and Omagh Dlstrlct Counc51
26,635
89,180
234,777
143,910
35,585
28,230
81,072
321,980
532 505
438 797
Other tradlng actlvltl
Membershlp
333
267
Charltable actlvltles
Dlsabllity Actlon Transport Scheme fares
Dfl Dial a Lift fares
Motablllty fares
Other Income
MIDAS tralnlng fee
Group booklngs
3,912
50,671
3,155
170
300
3,890
55,385
200
Other Income
Galn / (loss) on disposal of flxed assets
{53,822)
Total Incomlng re*ource$
609 460
453 765
24

FERMANAGH COMMUNrrY TRANSPORT
DEfAILED STATEMENT OF FINANCIAL ACTIvrrIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
EXPENDITURE
Charltable actlvltles
Salarles
Soclal Securlty
Pensions
Trainlng
Motorlng expenses
Depreclatlon on plant and machlnery
Depreclatlon on fixtures and flttlngs
253,996
13,402
10,922
2,447
165,282
59,998
810
506 857
257,558
14,788
11,554
3,394
170,986
32,018
491 666
Support Costs
Manag•m•nt
Rent
Insurance
Lights, heat and power
Telephone
Postage and statlonery
Advertislng
Sundrles
Repairs
Professlonal fees
Bad debts
11,375
1,420
5,423
5,267
3,873
1,488
4,807
1,335
6,067
370
10,943
1,212
10,877
5,180
5,289
1,651
4,017
977
9,886
755
Flnanc•
Bank charges
801
1,134
Informatlon t¢¢hnology
IT expenses
9,640
10,902
Total resources expended
558 723
554 489
Net surplus / (deflclt)
100 724
25