Company Registration No. N1607512 (Northem Ireland) Registered Charity No. NIC103418 CDM COMMUNITYTRANSPORT (a company limited by guarantee) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Ilavid Lyttle.Co Ch•t¢A¢¢*nIIs a Reqt Auditlbts
CDM COMMUNITY TRANSPORT COMPANY INFORMATION Trustees W Mayne MBE F Burton M O'Neill MBE S Donnel M Farquhar B Scullion Chairnian W Mayne MBE Secretary M O'Neill MBE Company number N1607512 Registered office Uni14 Derryloran Business Centre Cookslown Co Tyrone BT80 9LU Audilor David Lyttle + Co Ltd Station House 46 Molesworth Street Cookstown Co Tyrone BT80 8PA Business address Uni14 Derryloran Business Centre Cookstown Co Tyrone BT80 9LU Bankers Bank of Ireland 32 James Street Cookstown Co Tyrone BT80 8LU Solicitors Doris and Macmahon 63 James Street Cookstown Co Tyrone BT80 8AE
CDM COMMUNITY TRANSPORT CONTENTS Page Trustees. report Trustees, responsibilities statement Independent audiloffs report Statement of financial activities Balance sheet stalement ofchanges in equty 10 Notes to the financial statements The following pages do not forni part of the statutory financial statements Detailed statement of financial activrties 16-18
CDM COMMUNITY TRANSPORT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their report and financial statements for the year ended 31 March 2025. Background CDM Community Transport {CDM) was established in 2013 as a result of the merger of Cookstown Rural Community Transport and Dungannon and District Communty Transport. CDM Communty Transport is a company limited by guarantee wilh charitable status thal has been established to provide transport services, previously carried out by two organisations in Cookslown and Dungannon. The new company will also act as lead body to administer DFI frjnding to the existing Magherafelt organisation Out and About Community Transport. CDM Community Transport operates on a 10b pemiit. Onty registered members can avail of the transport services. Structure. governance and management The organisalion is a company limf(ed by guarantee and does not have share capital. The company is a regislered charity with the Nl Charities Cornmission from the 15 Dember 2015 {charity number= NIC 103418). The company was eslablished under a Memorandum and Articles ofAssociation, which established the objects and powers of the charitable company. and is governed under tts Artides of Association. CDM Community Transport has a cross-communty focus and is managed by the trustees who are elected annually and representatives must be eleded from both council areas. The appointment of trustees is in accordance with the charity's Articles of Association. whereby each member will be entitled lo nominate one person onty in writing not less than seven days before the dale of the Annual General Meeting. The Iruslees (who are also the directors for the purposes of company law) who served during the year were.. W Mayne MBE F Burton L Hughes M O'Neill MBE S Donnelly M Farquhar B Scullion (Resigned 6 June 2025)
CDM COMMUNITY TRANSPORT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Objectives and activities The objects and activities of the charity are= 1. To provide safe. accessible door-to-door transport to members. especialty the most disadvantaged members living in the rural areas of Mid Ulsler= -providing an accessible vehicle which can collect people from their homes and take them to the required destination -training driver5 to the MIDAS standard in order to provide a qualtty service -raising the profile ofCDM Community Transport in various hamlets and villages in the Mid UlsterArea in an effort to increase participalion in Ihe project -ensuring that staff who deal with disabled members are trained in Customer Care and PassengerAssistan -ulilising Ihe most cost*ffeclive vehicle in Ihe provision of demand led rural transport sel¢e$ -making the small vehicle available to families who have a disabled famity member. 2. To provide a door-to-door service to members living in rural areas where there is little or no other form of suitable transport available= -increasing the database of volunleer drivers who are willing lo give up their spare time for Ihe benefil of others -provide disability awareness training and First Aid to Suitable volunteers -raising awareness, especially in rural villages and hamlets -CO-ordinating volunleer availability with demand in spectfjc areas of the district -providing regular support, training and information for volunteer drivers -liaising with other community and voluntary activists in seNice provision to disadvantaged groups and individuals. 3. Increase the efficiency and effectiveness of local transport resources with a one-StOP-shop.' -providing information and advice lo members on various suttable modes of transport -building up relationships with private operators and taxi owners in the district -working collectively wilh Northern Ireland's wider netsvork of Rural Community Transport Partnerships lo lobby and advocate for change on issues affecting the Communty Transport sector. -providing a feeder service to the Public Transport -providing information on training available to other voluntary organisations. especially Ihose who operate their own transport. 4.CDM Community Transport have been providing Disability Action Service5 from April 2013.
CDM COMMUNITY TRANSPORT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Achievements and perforniance The company has during the year endeavoured= -to provide Dial a lift services to registered members living in rural areas of Mid Ulster who have no access to public transporl. -to provide free or 'A fare travel to members who have a verified smartpass. -10 continue lo provide group hire on either a knr(h' or'withoul driverf basis, During 2024-25 CDM Community Transport provided 17,844 Dial-A-Lift, 3,300 DATS Individual PassengerTrips and 24,700 Group Trips plus 13,860 Trips to Individuals and Groups under the Motabilty Project. At present CDM Community Transport have 363 group memberships, 550 individual members and 244 DAT members. The directors confirm that the RTF and ARTS grant has been used solely for the purposes intended and in accordance with the temis and conditions of grant. Motsbility Foundation Funding In 2023124 CDM along with three Rural Community Transport Project Partners (Easilink Community Transport, Fermanagh Community Transport and North Coast Community Transport) were successful in securing £3.42 million of funding over a 3 year period from the Motability Foundation through their 'Community Transport Grant Programme,. The projed will increase the quality of lrfe for people living with disabilities, mobilty issues and the elderty, by providing improved Iransport options across each SpeCtIve area. The programme consists of 4 key strands.. delivery of passenger trips to disability ntred groups., investment in a fleet of 23 fit for purpose accessible mini- buses,. a driver training and employment programme- and the establishment of a scheme to provide transport to regional hospital and health appointments. Donnant Funds- Moving Forward Project We have also been successfijl in our application to Dormant Funds to support for 2 years the development of a new 3 year Strategic Plan and some associated work around govemance, updated HR policy work as well as an opportunity to strengthen skills of the existing workforce.
CDM COMMUNITY TRANSPORT TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 Financial Review The results for the year are sel oul on page 7. These and the financial position al the year end were considered sat15factory by the trustees. Additional sources of fijnding were received in this financial year. from Dormant Accounts Nl and from Motability. The trustees will conduct annual reviews of the appropriate level of unrestricted reserves. The purpose of this reseNe is to provide stability for the charity to ensure that il is able to honour existing contractual obligations, to upgrade existing capital equipment. to cover unforeseen events beyond the company's control and to enable it to continue its operations in the unlikely event of a significant fluctuation in expenditure or income. The board has an ongoing programme of capital replacement due lo high maintenance and running costs. The committee aim lo build reserves of 3 10 6 months of annual expendilure, to meet financial commilments, lo meet capital repayments for vehicles purchased on Hire Purchase and also lo build in a provision for redundancy for all staff in the unlikely event that funding would cease. The committee currently ests'mate the provision for redundancy lo be £53,622. This may be achieved by increasing eamed income or reducing expenditure. The present level of reserves available to the charity is £272,740 and this is considered satistsctory. Of this amount, £168,602 is held in cash al bank and in hand. Audilor David Lyttle + Co Ltd were appointed auditor to the company and in accordance with section 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting. Statement of disclosure to auditor So far as the trustees are aware, there is no relevant audtl infonnation of which the company's auditor are unaware. Additionally, the trustees have taken all the neSSary steps that trustees ought to have taken as trustee in order to make themselves aware of all relevant audit infomiation and to establish that the company's auditors are aware of that information. This report has been prepared in accordance wtlh the provisions applicable to companies entitled to the small companies exemption. On behalf of the board W Mayne MBE Trustee 28 August 2025
CDM COMMUNITY TRANSPORT TRUSTEES. RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The Iruslees are responsible for preparing the financial statements in accordance with applicable law and regulations. Company law requires the Iruslees lo ppare financial statements for each financial year. Under that law Ihe trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Praclice (Untted Kingdom Accounting Standards and applicable lawl. The financial statements are required by law to give a true and fair view of the stste of affairs of the charity and of it5 incoming resources and application of resources, induding its net income and expenditure for the year. In preparing those financial statements. the trustees are required to= select suitable accounling policies and Ihen apply them consistently.. make judgements and estimates that are reasonable and prudent., prepare the financial statements on the going concem basis unless f( is inappropriate to presume that the charity will continue in business. The Iruslees a responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006.They are also responsible for safeguarding the assets of the charty and hence for taking reasonable sleps for the prevention and detection of fraud and other irregularities.
CDM COMMUNITY TRANSPORT INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF CDM COMMUNITY TRANSPORT Opinion We have audited the financial statements of CDM Communty Transport (the 'company') for the year ended 31 March 2025 which comprise the stalement of changes in equty and notes to the financial slatemenls, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepled Accounting Practice). In our opinion the financial stalements.. give a true and fair view of the state of the companws affairs as at 31 March 2025 and of its surplus for the year then ended.. have been property prepared in accordance with United Kingdom Generalty Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audil in accordance with Intemational Standards on Auditing (UK) IISAS {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'5 Ethical Standard, and we have fuffilled our other ethical responsibilities in accordance with these requirements. We believe that the audil evidence we have obtained is sufficient and appropriate lo provide a basis for our opinion. Other information The other information comprises the infomiation included in the annual report other than the financial statements and our auditorfs report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on Ihe financial statemenls does not cover the other infonnalion and, exp1 to the exlent otherwise explicitly stated in our report. we do not express any fomi of assurance conclusion thereon. Our responsibility is lo read the other infomialion and, in doing so, consider whether the olher information is materially inconsistent with the financial statements or our knowledge obtsined in the course of the audit, or othetwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required lo determine whether Ihis gives rise to a material misslatement in the financial statements themselves. If, based on the work we have perfomied, we condude that there is a material misstatement of this olher information, we are required to report that facl. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of our audit= the information given in the trustees, report for the financial year for which the financial statements are prepared is consistent with the financial statements., and the Iruslees, report has been prepared in accordance wilh applicable legal requirements.
CDM COMMUNITY TRANSPORT INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF CDM COMMUNITY TRANSPORT Matters on which we are required to report by exception In the light of the knowledge and understanding of the company and its environment obtained in the course of the audil, we have not identified material misstalemenls in the trustees, report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion.. adequale accounling records have not been kept, or retums adequate for our audit have not been received from branches not V151ted by us- or the financial statements are not in agreement with the accounting records and retums,. or certain disclosures of directors, remuneration specified by law are not made- or we have not received all the infomiation and explanations we require for our audit.. or Ihe directors were nol entitled lo prepare the financial stalements in accordance with the small companies regime and take advantage of the small companies, exemption in preparing Ihe directors, report and take advantage of the small companies exemption from the requirement to prepare a strategic report. Responsibilities of directors As explained more fully in the directors. responsibiif(ies statement, the directors are responsible for Ihe preparalion of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the directors determine is necessary to enable the preparation of financial stalements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using ihe going concem basis of accounting unless the directors either intend to liquidate Ihe company or to cease operations, or have no realistic altemative but to do so. Auditor's 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 misstatemenl, whether due to fraud or error. and to issue an audilovs report Ihal includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance wilh ISAS {UKI will aayS delect a malerial misstatement when it exists. Misstalements can arise trom fraud or error and are considered material rf, individualty or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. A further description of our responsibilities is available on the Financial Reporting Council'5 website at.. https=Il www.frc.org.uklauditorsresponsibilities. This description foms part of our auditoffs report. This report is made solety to the company's members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Acl 2006. Our audit work has been undertaken so that we might stale to the company's members those matters we are required to state to them in an auditoVs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this port, or forthe opinions we have formed. We are also asked lo confirm Ihat the grant provided by the DFI has been used solety for the purposes intended and in accordan with the terms and conditions ofthe grant and can confirm this to be the case. 28 August 2025 Stephen McGeagh (Senior Statutory Auditor) for and on behalf of David Lyttle + Co Ltd Station House 46 Molesworth Street Cookstown BT80 8PA Chartered Accountants Statutory Auditor
CDM COMMUNITY TRANSPORT STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestricted Restricted Restricted funds funds funds 2025 Total 2024 Total Incoming resources Incoming resources from generated funds 1,497 1,497 856 Incoming resources from charilable activities 79,297 544,791 274,193 898,280 689,259 Transferred to capital grant 171.9551 171,9551 Transferred Ito}Ifrom deferred income reserve Transferred to Out and About Community Transport (201,1261 (201,126) (193,4911 Tolal incoming resources 80,794 343,665 202,238 626,696 496,624 Resources expended Charilable activilies Governance costs 40.069 3.915 322,%2 20,703 131,195 8,729 494,225 33,348 489,564 40,311 Total resources expended 43,985 343,665 139,924 527,573 529,875 Exceptional items: Profivlloss) on sale of tangible assets 2,350 Net incominglloutgoingl resources 36.809 62,314 99,123 130,9011 Movement in designated capital reserve Net rnovement in funds 36.809 62,314 99,123 130,9011 Totsl funds broughl forward at 1 April 2024 235,931 235,931 266,832 Tolal funds ¢arried forward at 31 March 2025 272,740 62,314 335,054 235,931 The slatement of financial activities has been ppared on the basis that all operations are continuing operations. There are no recognised gains and losses other than those passing through the statement of financial activities.
CDM COMMUNITY TRANSPORT BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Tangible assets 270,798 287,910 Current assets Debtors Cash at bank and in hand 120,922 168.602 89,598 131.788 289,524 221,386 Creditors: amounts falling due within one year (45,6541 1107,7901 Net current assets 243.870 113.596 Tolal assets less current liabilities 514,668 401,506 Capital grant reserve {179.614) 1165.5751 335,054 235,931 Income funds Unrestricted funds General reserves Restricted funds 272.740 62,314 235,931 Total charity funds 335,054 235,931 The directors of the company have elected not to indude a copy of the profit and loss account within the financial statemenls. These accounts have been prepared in accordance wilh the provisions applicable lo companies subject to the small companies, regime. The financial statements were approved by the board and authorised for issue on 28 August 2025 and are signed on its behalf by.. W Mayne MBE Trustee Company Registration No. N1607512
CDM COMMUNITY TRANSPORT STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025 Own shares Income and expenditure account Total Balance at 1 April 2023 266,832 266,832 Year ended 31 March 2024: Loss and total comprehensive income for the year 130,901) (30,901) Balance at 31 March 2024 235,931 235,931 Year ended 31 March 2025: Profil and tolal comprehensive income for the year 99,123 99,123 Balance at 31 March 2025 335,054 335,054 10-
CDM COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Company inforniation CDM Communty Transport is a private company limited by guarantee incorporated in Northem Ireland. The registered office is Unit 4, Derryloran Business Centre, Cookstown, Co Tyrone, BT80 9LU. 1.1 Accounting convention The financial stalements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 20151 (Charities SORP IFRS 10211. the Finanal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. CDM Community Transport meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised al historical cost and transaction value unless olhetwise stated in the relevant accountancy policy note{sl. The financial statements are prepared on a going conrn basis. 1.2 Fund accounting Unrestricted funds are available for use at the discrets'on of the trustees in furtherance of the general objeclives of Ihe charity- Restricted funds are subjected to restrictions on their expenditure imposed by the provider of the funds. 1.3 Tangible fixed assets Tangible fixed assets are initialty measured at cost and subsequently measured at cost or valuation, net of depreciation and any impaimient losses. Deprecialion is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Office furniture and fittings Computer equipment Motor vehicles 25°/o reducing balance 33.330A straight line 25% reducing balance Following a review of depreciation policies during the year it was decided to amend the depreciation rate applicable to Motor Vehicles lo 20% reducing balan as this better reflected Ihe useful economic life, prevailing market conditions, and expectations of the Trustees. 1.4 Cash and cash equivalents Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call wtth banks, other short-temi liquid investments with original maturrties of three months or less, and bank overdrafls. Bank overdrafts are shown within borrowings in current liabilities. 1.5 Financial instruments The company has elected to appty the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes paty to the contractual provisions of the instrument. Finan31 assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to sel off Ihe recognised amounts and there is an intention to settle on a net basis or to realise the asset and setde the liability simulianeously. 11
CDM COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are inilialty measured at transaction price including transaction costs and are subsequentty carried at amortised cost using the effective interest method unless the arrangement constitutes a finanang transaction, where the Iransaction is measured al Ihe presenl value of the future 1pt$ discounted at a market rate of inlerest. Financial assets classified as receivable within one year are not amortised. Classrfication of financial liabilities Financial liabilities and equity inslruments are classffied according lo the substance of Ihe contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors. bank loans. loans from fellow group companies and preference shares that are classified as debt, are initialty recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt inslrumenl is measured at the present value of the future payments discounted at a market rate of interest. Financial liabiliti'es classified as payable within one year are not amortised. Debt instruments are subsequentty carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or ServIS that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequentty measured at amortised cost using the effective interest method. Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable lo the hedged risk. 1.6 Employee benefits The costs of short-temi employee benefits are recognised as a liabilty and an expense, unless those costs are required lo be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entement is recognised in the period in which the employee's services are received. Temiinalion beneffts are recognised immediatety as an expense when the company is demonslrably committed to terminate the employfflent of an employee or to provide termination benefit5. 1.7 Retirement benefits Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due. 1.8 Leases Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are dassified as operating leases. Assets held under finan leases are recognised as assets at the lower of the assets fair value at the date of inceplion and the present value of the minimum lease payments. The related liability is included in the balance sheel as a finance lease obligation. Lease paymenls are Ireated as consisting of capilal and inlerest elements. The interest is charged to profit or loss so as to produ a constant periodic rate of interest on the remaining balance of the liabilty. 12-
CDM COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.9 Government grants Granls are credited to deferred revenue. Grants towards capital expenditure are released lo Ihe income and expenditure account over the expected useful life of the assets. Grants towards revenue expenditure are released lo the income and expenditure account as the related expenditure is incurred. Judgements and key sources of estimation uncertainty In the application of the company's accounting policies. the directors are required to make judgements, eslimates and assumplions aboul the carrying amount of assets and liabilities thal are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual resuMs may differ from these estimates. The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in the period in which the estimate is revised where Ihe revision affecls only thal period, or in the period of the revision and fijture periods where the revision affects both current and future periods. Incoming resources An analysis of the company's incoming resources is as follows= 2025 2024 Incorning resources Incoming resources from charitsble activities Other incoming resources 625,198 446,859 625,198 495,767 Operating surplus 2025 2024 Operating surplusl{deficit) for the year is stated after chargingl{crediting)= Fees payable to the company's auditor for the audit of the company's financial statements Depreciation of owned tangible fixed assets Profit on disposal of tangible fixed assets 3,600 89,067 3,400 49,165 {2,350) Employees The average monthty number of persons (exduding trustees) employed by the company during year was.. 2025 Number 2024 Number Total 15 16 15 16 13-
CDM COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Taxation The association is a registered charity and Ihus is not liable to pay corporation tax. Tangible fixed assets Plant and machinery etc Cost At 1 April 2024 Additions 667,280 71,955 At 31 March 2025 739,235 Depreciation and impaimient At 1 April 2024 Deprecialion charged in the year 379,370 89,067 At 31 March 2025 468,437 Carrying amount At 31 March 2025 270,798 At 31 March 2024 287,910 Tangible fixed assels indudes assets held under finance leases or hire purchase contracts, as follows.. 2025 2024 Motor vehicles 8,964 11,953 11,953 Deprecialion charge for the year in respect of leased assets 2.988 3,894 Debtors 2025 2024 Other debtors Prepayments and accrued income 107,410 13,512 76,416 13,182 120,924 89,599 14-
CDM COMMUNITY TRANSPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Creditors: amounts falling due within one year 2025 2024 Obligations under finance leases Taxation and social security Accruals and deferred income 11 1,699 1,250 42,705 2,265 1,096 104,429 45,654 107,790 10 Capital Grant Reserve 2025 2024 Notes Govemment grants 179,614 165,575 11 Finance lease obligations 2025 2024 Future minimum lease payments due under finan leases.. Within one year 1,699 2,265 1,699 2,265 12 Charitable status CDM Community Transport is a company limited by guarantee which has charitable status. The Company is registered wilh the Nl Charity Commission under registered charity number NIC 103418. 15-
CDM COMMUNITY TRANSPORT MANAGEMENT INFORMATION FOR THE YEAR ENDED 31 MARCH 2025
CDM COMMUNITY TRANSPORT DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestricted Restricted Restricted Funds Funds Funds Total 2025 Total 2024 Incoming resources Incoming resources from generated funds Voluntary inconTe Donations Activities for generating funds Room hire Investment income Bank interest 1,497 1,497 856 Total incoming resources from generated funds 1,497 1,497 856 Incoming resources from charitable activities Income from Membershiplmini Bus Hire Assisted Rural Travel Scheme Dial a Lift Fare Income Disability Aclion setvices Mid Ulster District Council Rural Transport Funding Motability Project DormantAccounts Fund Nl 79,297 79,296 134,174 17,280 65,157 2,500 393,337 188,291 18,245 48,764 111,742 16,548 67,460 2,500 393,337 35,585 13,323 134,174 17,280 65,157 2,500 393.337 188,291 18,245 Tolal incoming resources from Charilable activities 79,297 544.791 274,193 898,280 689,259 Transferred to capital grant (71,955) 171,955) Transferred to Out and About Community Transport (201.126) (201,126) (193,491) Total incoming resources 80,794 343.665 202,238 626,696 496,624 16-
CDM COMMUNITY TRANSPORT DETAILED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestricted Restricted Restricted Funds Funds Funds Total 2025 Total 2024 Resources expended Charitable activities Direct Costs Wages and salaries Social security Costs Employers pension contribution Motor running expenses Training costs Advertising and promotion Uniforms Vehicle depreciation Amortisation of capitsl grant Finance lease inlerest and charges 3,570 938 191 333 134 106 50 28,320 132,126 9.051 47,591 3,732 761 34,721 4,842 533 183,287 13,721 2,798 114,905 5,406 1,490 50 6,084 51,794 86,198 16.084) (51,794) 157,878) 273 273 175,456 12,058 2,425 115,827 2,467 606 300 46,714 13,087) 273 79.852 430 850 Total direct Costs 33,642 224,155 92,453 350,250 353,039 Support costs Wages and salaries Social security costs Employers pension contributions Water rates Rent Insurance Ligtht and heat Repairs and maintenance Printing, postage and stationary Telephone Bank charges Sofvare licence Sundry expenses Office equipment depreciation Amortisalion of capilal grant 1,707 397 97 56.522 5,126 1.247 306 7.540 27,456 2,248 547 85,684 7,771 1,890 306 10,619 2,769 4,700 5,279 2,832 3,935 595 6,650 8.114 2,869 138) 80,933 7,567 1,894 550 10,038 1,763 3,752 3,849 4,603 4,479 644 6,650 7,365 2,451 113) 1,539 401 192) (54) 16 1,540 402 1,455 3.337 5,333 1,862 2,794 422 6,650 5.702 955 1,141 172 {587) 2,869 (38) 3,000 Total support costs 6,427 98,807 38,742 143,975 136,525 Tolal charitable activities 40,069 322,962 131,195 494,225 489,564 17-
CDM COMMUNITY TRANSPORT DETAILED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestricted Restricted Restricted Funds Funds Funds Total 2025 Total 2024 Governance Costs Wages and salaries Social security costs Employers pension contributions Legal and professional fees Accountancy 1,757 399 96 619 14.957 1,348 326 1,516 2.556 5,960 296 72 2,400 22,675 2,044 494 4,535 3,600 23,906 2,216 557 10,232 3,400 Total governance costs 3,915 20.703 8,729 33,348 40,311 Total resources expended 43,985 343,665 139,924 527,573 529,875 Exceptional items: Profivlloss) on sale of tangible assets 2,350 Net incominglloutgoingl resources 36,809 62,314 99,123 (30,901) 18-