Company Registration Number: N1038364
Charity Number: NIC103505
Down Armagh Rural Transport Partnership
IA company limitsd by guarantee, not having a share Capital)
Annual Report and Audited Financial Statements
for the financial year ended 31 March 2025
Daly Park & Company Ltd
Chartered Accountsnts and Statutory Auditors
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland

Down Armagh Rural Transport Partnership
IA company limited by guarantee, not havlng a share capital)
CONTENTS
Page
Trustees, and Other Information
Trustees, Annual Report
Statement of Trustees, Responsibilities
Independent Auditor's Report
9-11
Statement of Financial Activities
12
Balance Sheet
13
Notes to the Financial Statements
14-19

Down Armagh Rural Transport Partnership
IA Company limited by guarantee, not having a share capitall
TRUSTEES, AND OTHER INFORMATION
Trustees
John Spiers
John Magennis
Robert John Verner
John Kane
Alan Gilmore
Charity Number in Northern Ireland
NIC103505
Company Registration Number
N1038364
Registered Office and Principal Address
10 Charlestown Avenue
Portadown
Co. Armagh
BT63 5ZF
Northern Ireland
Auditors
Daly Park & Company Ltd
Chartered Accountants and Statutory Auditors
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland
Principal Bankers
Danske Bank
39 Market St
Lurgan
Co. Armagh
BT66 6AB
Northern Ireland

Down Armagh Rural Transport Partnership
(A company limited by guarantse, not having a share capitsll
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2025
The trustees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report, and the
audited financial statements for the financial year ended 31 March 2025.
The financial statements are prepared in accordance with the Companies Act 2006. FRS 102"The Financial Reporting
Standard applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable lo charilies preparing their financial statements in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
The Trustees, Report contains the informalion required to be provided in the Trustees, Annual Report under the
Statement of Recommended Practice (SORP) guidelines. The trustees of the company are also charity truslees for the
purpose of charity law and under the company's constitution are known as members of the board of trustees.
In this report the trustees of Down Armagh Rural Transport Partnership present a summary of its purpose, govemance,
activities, achievements and finan￿$ for the financial year 31 March 2025.
The company is a registered charity and hence the report and results are presented in a form which complies with the
requirements of the Companies Act 2006 and, although not obliged to comply with the Statement of Recommended
Practice (Charities SORP effective January 2015), the organisation has implemented its recommendations where
relevant in these financial statements.
Mission, Objectives and Strategy
Aims & Objectives
Down Amiagh Rural Transport (DART) provides affordable, accessible. community transport ServI￿S in response to
the needs of people living in the Craigavon and Banbridge area. DART secures grants and donations to support
provision of subsidized transport for beneficiaries. DART deliver services using community minibuses and volunteerfs
cars.
DART provides informalion and advice to enable people to avail of various means of travel to enable access to local
services. DART works in partnership with other transport providers to ensure alternatives and linkages to other
transport services are available for individuals and community organisations.
Stru¢ture, Governance and Management
Structure
Governin
Document
Down Armagh Rural Transport Partnership is a company limited by guarantee governed by its Memorandum and
Articles of Association. In the event of the charity being wound up. the liability in the respect of the guarantee is limited
to £1 per member of the charity. The company is under the contro5 of the directors who are, therefore. acting trustees
for the charity.
ointment of actin
Truslees l Directors
As described in the Articles of Association a new director may be eligible for appointment if 21 days before the annual
general meeling. written notice is deposited with the registered office of the intended proposal, signed by a member
and signed by the person being proposed. so as lo indicate hisl her willingness to be elected.
Trustee Induction and Trainin
New trustees are briefed on their legal obligalion under charity and company law. the content of the Memorandum and
Articles of Association. the Board and decision-making processes and recent financial performance of the charity.
Trustees are encouraged to view the Charities Commission website so as lo gain a full understanding of trustee roles
and responsibilities.
Revlew of Activities, Achievements and Performance
Despite continuing fiscal pressure and a 359/0 real-term reduction in public funding since 2018, DART completed over
26.000 passenger trip5 across its services. These trips included essential access to medical care. education.
employment, and communily participation. A major achievement was the continued delivery ofthe Access Plus program
funded by Motability, now in its second year, supporting 2.498 individual specialist trips for children and adults with
disabilities, up by 94 /D on year one figures.
This year marked the completion of a full digilal transfonnation programme, encompassing booking systems. driver
scheduling, user communications, and financial operations. These upgrades. supported through capital investment,
have significantly reduced back-office costs. improved service efficiency, and enhanced the user experience. DART
now operates as a fully digital organisation across all business areas.
As part of its Commitment lo future-proofing services. DART has continued to diversify beyond Dfl core funding. A major
milestone was reached in 2024125 with the planning and developrnent of a DVSA-approved Driver Training Centre, due

Down Armagh Rural Transport Partnership
IA company limited by guarantee, not having a share capital)
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2025
to launch in 2025126. This new facility will deliver certified D1 driver Iraining and Driver Certificate of Professional
competen￿ {CPC) modules, generating eamed income to cross-subsidise core community transport services.
Critically, four in-house trainers successfully achieved the VRQ qualificalion, enabling DART to intemally deliver CPC
D1 courses to a professional standard. This investment in Workfor￿ capacity nol only supports the new training
enterprise but also strengthens DART'S long-temi sustainability and regional impact.
A key achievement in 2024125 was the revitalisation of the Disability Action Transport Scheme {DATS) in Craigavon
and Banbridge, driven by the successful implementation of DART'S strategic marketing plan. This initiative resulted in
a 55.4 /0 increase in passenger numbers during the year. The service now features fully digital and mobile sign-up
options and a significantly streamlined cuslomer journey, enabling quicker access from registratson to first trip. This
transformalion has strengthened local engagement and positioned DATS as a more accessible and responsive
transport solution for disabled users.
The Drive to Thrive program continued to grow, enabling local volunteers to receive professional driving qualifications
in exchange for community service. This innovative model supports bolh social mobility and transport sustainability
while embedding DART deeper within the local community infrastructure.
DART has actively lobbied Minister Liz Kimmons and the Department for Infrastructure to address the precarious
funding model for community transport. The organisation has made clear calls for an end to discretionary funding
arrangements and a commitment to a multi-year funding seltlement, policy clarity. and greater integration of community
transport within the transporl network in Northern Ireland. Our advocacy efforts are driven by a vision of transport as a
foundational service for inclusion, independen￿, and regional cohesion.
The achievements of 2024125 demonstrate DART'S ongoing resilien￿, adaptability, and strategic intent in a challenging
policy and funding landscape. Through a focus on innovation. digital integration. and the development of sustainable
income slreams, DART continues to deliver essential setvices to the communities that rely on them most. DART
remains deeply committed lo ils mission of inclusion and accessibility and enters 2025126 with a renewed focus on
capacity building, partnership working, and long-term impact
Financial Results
Al the end of the financial year the company has assets of £694,618 (2024 - £652,371) and liabilities of£15,299 {2024
- £18,268). The net assets of the company have increased by £45.216.

Down Armagh Rural Transport Partnership
IA company Ilmlted by guarantee. not having a share capital)
TRUSTEES, ANNUAL REPORT
for the financial year ended 31 March 2025
Trustees
The trustees who served throughout the financial year, except as noted, were as follows..
John Spiers
John Magennis
Robert John Verner
John Kane
Alan Gilmore
In accordance with the Articles of Association, the directors relire by rotation and being eligible, offer themselves for re-
election.
Compliance with Sector-wide Legislation and Standards
The company engages pro-actively with legislation, standards and codes which are developed for the sector. Down
Armagh Rural Transport Partnership subscribes to and is ￿MplIant with the following..
The Companies Act 2006
The Charities SORP (FRS 102)
Reserves Policy
The Resetves policy has been updated during the course of the current year by the trustees. A new free reserves target
of between three to six months, running costs, up to a maximum of £420,000, has been agreed. In addition. the capital
replacement resetve target is slill £280.000. which the trustees feel would be sufficient for thè replacement of fleet
vehicles and accessible equipment as they reach the end of their natural life cycle. No change was made to the
contingency reserve.
The Trustees feel that these levels of reserves are essential to enable the Charity to continue to provide its activities for
the foreseeable future. The ReseNes Policy is an integral part of the charity's planning. budget and forecasts
Public Benefit
In setting our objectives and planning our activities for the year the trustees have given careful consideration to the
Charily Commission for Northern Ireland's guidance on public benefil to ensure that the activities have helped achieve
the charity purposes and provide a benefit to the beneficiaries.
Down Armagh Rural Transport (DART) Partnership exists to develop, deliver and maintain not-for-profit accessible
community transport oplions for the public benefit of our members.
Our public benefit provided through our transport services reduces social isolation and social exclusion by reaching the
hard to reach and providing access to essential setvices and connections to the wider community.
Our seNices improve the quality of life and health and well-being for our users by enabling access to health and medical
facilities.
DART'S sérvices also target social need by facilitating access to training and employment opportunilies for our
members.
Our organisation is committed to community development principles and we work in close partnership with other
organisations and charities engaged in promoting the relief of persons who are in need through the provision of
appropriate services.
Other direct benefits include the promotion of volunteering and training which provides public benefit to groups and
communities and the provision of accredited driver training which enhances the skills and personal development of
community volunteers.
Certification statement
We confirm that the RTF & ARTS grant has been used solely for the purposes intended and in accordance with the
terms and condition5 of the grant.

Down Armagh Rural Transport Partnership
IA compally Ilmlted by guarantee, not havin9 a share Gapltsll
TRUSTEES. ANNUAL REPORT
for the financial year ended 31 March 2025
The Audltors
The auditors. Daly Park & Campany Lld, (Chartered Accounlantsl have indicated Ihelr wllllngness to continue in office
in accordance with the provlsions of Section 485 of the Companles Aet 2006.
Approv•d by thè Board of Trustees on
'LS I￿[l£
and signed on It5 behall by..
John Magonni
Director
Alan Gilmore
Dir8Ctor

Down Armagh Rural Transport Partnership
IA Gompany limitèd by guarantee, not having a share capitall
STATEMENT OF TRUSTEES, RESPONSIBILITIES
for the financial year end8d 31 March 2025
The trustees. who are also directors of Down Arniagh Rural Transport Partnership lor Ihe purposes of company law,
are responsibl8 for p￿paring the ffnancial ststements In accordan￿ with applicable law and regulations.
Company law require5 the IrusteÈ5 as the directors to prepare financial siatements for each financial year. Undgr that
law the trustee5 have elected to prèpare the financial 5taternents in accordance with United Kingdotn Gen8r8lly
Accepted Accounting Practice (United Kingdom Accounting Standards and applicable lawl including FRS102 Yhe
Financial Reporting Standard applicable in the UK and Republic of Ireland Under Company law Ihe trustees must not
approve Ihe financial stalernents unles5 they are sa(islied that they give a Irue and fair view ol tho Slate of affairs of the
compony and of the net income or expendlture of the company for that period.
In preparing Ihese finanei815tatements. th8 trustees are required to..
select suitable accounting policle5 and apply them conslst8nly',
observe the methods and principles in the Charities SORP
make judgemgn15 and accounting eslirnates Ihat ar8 raasonable and prudent,.
state whether the financial slalemenls have been prepared in accordance with applicable accounting standards.
identify those standards. and note the eftect and the reasons for any material departur8 from those slandards., and
prepare the financial statements on the going eoncem basi5 unless il is inappropriate to presume that the company
will contlnue in op8ration.
The trusteès ar8 responslble for keeping adequate a¢¢ounting records that are sufficienl to show and explaln tha
cornpany's transactions and disc105e wth reasonable accuracy al any time Ihe financial position of the cornpany and
enable them lo ensurelhal the financial statements cornplywilh the Companies Act 2006 and. They are also responsible
lor safeguarding th8 assets of the Gompany and hence lor taking re3$0nable steps for the prevention and detection of
traud and other irregularities.
In so lar as th8 trustees are awar6'.
there is no relevant audit information linfomialion needed by th8 companys avdltor in eonne¢tion with preparing the
auditors ￿POrt) of which the company's audTlor is unaware, and
the tnjstees h8ve taken all the step5 that they ought to have taken a5 truslees in order to mak& themselves aware
of any relevant audit infomation and to establish that the company's auditor is aware of that Information.
Approved by the Board of Trustees on
and Signed on its behalf by:
John Magenni
Dlrector
.LLLLA Alan Gllmore
Dlrector

INDEPENDENT AUDITOR'S REPORT
to the Members of Down Armagh Rural Transport Partnership
IA company limitsd by guarantee. not having a share Capitsll
Report on the audit of the financial statements
Opinion
We have audited the company financial statements of Down Amiagh Rural Transport Partnership (Ihe company,) for
the financial year ended 31 March 2025 which comprise the Slatement of Financial Activities {incorporating an Income
and Expenditure Account), the Balance Sheet and notes to the financial statements, including the summary of significant
accounting policies set out in note 2. The financial reporting framework that has been applied in their preparation is
applicable law and United Kingdom Accounting Standards, including FRS 102 "The Financial Reporting Standard
applicable in the UK and Republic of Ireland" and Accounting and Reporting by Charities= Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with FRS 102.
In our opinion. when reporting in accordan￿ with a fair presentation framework the financial slatements=
give a Irue and fair view of the state of the company's affairs as at 31 March 2025 and of its surplus for the financial
year then ended..
have been properly prepared in accordan￿ with United Kingdom Generally Accepted Accounting Practice.. and
have been prepared in accordance with the requirements ofthe Companies Act 2006 and the Charities Act (Northem
Ireland) 2008.
Basis for opinlon
We conducted our audit in accordance with Intemational Standards on Auditing (UK) {ISAs {UK)) and applicable law.
Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the
financial statements seclion of our report. We are independent of the company in accordance with elhical requirements
that are relevant to our audit of the financial slatements in the UK, including the FRC'S Ethical Standard, and we have
fulfilled our other ethical responsibilities in accordan￿ with ihese requirements. We believe thal Ihe audit evidence we
have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In audiling the financial statements, we have concluded that the trustees, use of the going concem basis of accounting
in the preparation of the financial statements is appropriate.
Based on Ihe work we have performed. we have not identified any material uncertainties relating to events or conditions
that. individually or collectively, may cast significant doubt on Ihe company's ability to continue as a going concem for
a period of at least ￿e1ve months from the date when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant
sedions of this report.
Other Information
The other information comprises the information included in the annual report olher than Ihe financial statements and
our Auditor's Report Ihereon. The trustees are responsible for the other information contained within the annual report.
Our opinion on the financial statements does not cover the other information and. except to the extent otherwise
explicitly staled in our report. we do not express any form of assuran￿ conclusion thereon.
Our responsibility is lo read the other information and, in doing so, consider whether the other information is materially
inconsistent with the financial statements, or our knowledge obtained in the course of the audil. or otherwise appears
to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are
required to determine whether this gives rise to a material misslatement in Ihe financial 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 this regard.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audÈt'.
the information given in the Trustees, Annual Report for the financial year for which the financial statements are
prepared is consistent with the financial statements,- and
the Truslees, Annual Report has been prepared in accordance with applicable legal requirements.

INDEPENDENT AUDITOR'S REPORT
to the Members of Down Armagh Rural Transport Partnership
{A company limited by guarantee, not having a share capltall
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit,
we have not identified material misstatements in the Trustees, Annual 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=
adequate accounting records have not been kept; or
the financial statements are not in agreement with the accounting records and returns-, or
certain disclosures of trustees, remuneration specified by law are not made., or
Ihe trustees were not entilled to prepare the financial slatements in accordance with the small companies regime
and take advantage of the small companies, exemption in preparing the Trustees, Annual Report.
Responsibilities of trustees for the financial statements
As explained more fully in the Statement of Truslees, Responsibilities Set out on page 6, the trustees are responsible
for the preparation of the financial statements and for being satisfied Ihal they give a true and fair view, and for such
internal control as they determine is necessary to enable the preparation of financial statements that are free from
material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the company's ability to continue as a
going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of
accounling unless management eilher intends to liquidate the company or to cease operations, or has no realistic
alternative but to do so.
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financ¢al statemenls as a whole are free from
material misstatement. whether due to fraud or error, and to issue an Audito¢s Report that includes our opinion.
Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordan￿ with
ISAS (UK) will always detect a malerial misstatement when it exists. Misstatements can arise from fraud or error and
are considered material if, individually or in the aggregate, they could reasonably be expected lo influence the economic
decisions of users taken on the basis of these financial statements.
Irregularities. including fraud, are instances of non-compliance with laws and regulations. We design procedures in line
with our responsibilities. outlined above, to detect material misstatements in respect of irregularities. including fraud.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below..
There is an inherent difficulty in detecting irregularilies during audit. However the effectiveness of entity's controls, the
nature and extent of audit prO￿dureS perft)rmed, gives us confidence in detecling irregularities
Further information regarding the scope of our responsibilitles as auditor
As part of an audit in accordance wilh ISAS (UK). we exercise professional judgement and maintain professional
scepticism throughout the audit. We also:
Identify and assess the risks of material misstatement of the , whether due to fraud or error, design and perform
audit procedures responsive lo those risks, and obtain audit evidence that is sufficient and appropriate to provide a
basis for our opinion. The risk of not detecling a material misstatement resulting from fraud is higher than for one
resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the
override of internal control.
Oblain an understanding of internal control relevant to the audit in order to design audit procedures that are
appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the
company's internal control.
Evaluate the appropriateness of accounting policies used and the reasonablenes5 of accounting estimates and
related disdosures made by trustee5.
Conclude on the appropriateness of the trustees, use of the going concem basis of accounting and, based on the
audit evidence obtained, whelher a material uncertainty exists related to events or conditions that may cast
significant doubt on the company's ability to continue as a going concern. If we conclude that a malertal uncertainty
exists, we are required to draw attention in our Auditor's Report lo the related disclosures in the financial statements
or, if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit eviden
obtained up to the date of our Auditor's Report. However, future events or conditions may cause Ihe company to
ase to continue as a going concern.
Evaluate Ihe overall presentation, structure and content of the financial stalements, including the disclosures. and
whether the financial statements represent the underlying transactions and events in a manner that achieves fair
presentation.
10

INDEPENDENT AUDITOR'S REPORT
to the Members of Down Armagh Rural Transport Partnership
IA Company limited by guarantse, not having a share capital}
We communicate with those charged with governance regarding, among other matters, the planned scope and timing
of the audit and significant audit findings, including any significant deficiencies in intemal control Ihat we identify during
our audit.
The purpose of our audlt work and to whom we owe our responsibilities
This report is made solely lo the company's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might state 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 report, or for the opinions we have fomed.
Ruairi Maginn {S
for and on beha
DALY PARK & COMPANY LTD
Chartered Accountants and Statutory Auditors
4 Carnegie Street
Lurgan
Co. Armagh
BT66 6AS
Northern Ireland
ior Statutory Auditor)
3/Ll￿)25

Down Armagh Rural Transport Partnership
IA company limited by guarantee. not having a Share capital)
STATEMENT OF FINANCIAL ACTIVITIES
Ilncorporating an Incorne and Expenditure Accountl
for the financial year ended 31 March 2025
Other
DFI
Unrestricted Restricted Restricted
Funds
Funds
Funds
2025
2025
2025
Other
DFI
Total Unrestricted Restricted Restricted
Funds
Funds
Funds
Funds
2025
2024
2024
2024
Total
Funds
2024
Notes
Incoming Resources
Voluntary Income
Activities for generating funds
Investments
8,930
23,440
9,458
284,170
538,065
831,165
23.440
9,458
16,776
14,758
729
292,367
541,195
850,338
14,758
729
Totsl incoming resources
41,828
284,170
538,065
864,063
32.263
292,367
541.195
865.825
Resources Expended
Charitable activities
11,588
265,499
541,760
818.847
14,725
210,135
541.195
766,055
Net incomingloutgoing resources before transfers
30,240
18,671
(3.695)
45,216
17,538
82,232
99,770
Gross transfers be￿een funds
71,305
{75,000)
3.695
108,744
(108,744)
Net movement in funds for the financial year
101,545
{56,329}
45,216
. 126.282
{26,512)
99,770
Reconciliation of funds:
Total funds beginning of the year
13
577,774
56,329
634.103
451,492
82,841
534,333
Totsl funds at the end of the year
679,319
679,319
577,774
56,329
634,103
The Statement of Financial Activities includes all gains and losses recognised in the financial year.
The notes on page5 14 to 19 fomi part of the financial
stslements
12

Down Armagh Rural Transport Partnership
IA company limiied by guarallteE, not having a share capltall
Company Number.. NID3B3E4
BALANCE SHEET
as al 31 March 2025
2025
2024
Notes
Fixed Assets
Tangible assets
66,328
64,918
Current A55ets
Qeblors
Cash at bank and in hand
10
49,166
579,124
94.959
492.494
628,290
587,453
Creditor5'. Amounts falling due within Dne yezr
11
115.2991
(18,2681
Not Current Assats
612,991
569,185
Total Assets les$ Current Liabllities
679,319
634,103
Funds
Other RestNcted trust funds
Designaled funds Iunreslrictedl
General fund (unreslricledl
56,329
350,000
227,774
3SO,000
329,319
Total funds
13
679,319
834.103
These financial slalemenls have been prePa￿d in accordarT¢¢ with the speci81 provisions relating io small companies
within Part 15 of ihe Companies Act 2006.
Approved by the Board of Trustees and author15ed for Issue on ISI
behalf by
and signed on Its
John Magenni
Dlre¢tor
- Alan Gllmore
Dire¢tor
The notes on payes 1410 19 form part of Ihe finana81 stalEmEnts
13

Down Armagh Rural Transport Partnership
{A company limited by guarantee, not having a share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
GENERAL INFORMATION
Down Armagh Rural Transport Partnership is a company limited by guarantee incorporated in Northern Ireland.
The registered office of the company is 10 Charlestown Avenue, Portadown, Co. Armagh, BT63 5ZF. Northern
Ireland which is also the principal place of business of the company. The financial statements have been
presented in Pound (£) which is also the functional currency of the company.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
The following accounting policies have been applied consistently in dealing with ilems which are considered
material in relation to the charity's financial statements.
Basis of preparation
The financial statements have been prepared on the going concem basis under the historical cost convention,
modified to include certain items at fair value. The financial statements have been prepared in accordance with
the Slatement of Recommended Practice (SORPI "Accounting and Reporting by Charities preparing their
accounts in a￿OrdanCe with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS
102"
As pemitted by the Companies Act 2006. the company has varied the standard formats in that act for the
Statement of Financial Activities and the Balance Sheel. Departures from the standard formats are to comply
with the requirements of the Charilies SORP and are in compliance with section 4.7, 10.6 and 15.2 of that
SORP.
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2017 have been prepared
on the going concern basis and in accordance with the Statement of Recommended Practice {SORP)
"Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland FRS 102"
Cash flow statement
The company has availed of the exemption in FRS 102 from the requirement to produce a cash flow statement
because it is classified as a small company.
Incoming Resources
Voluntary income or capital is included in the Statement of Financial Activities when the company is legally
entitled to it. its financial value can be quantified wilh reasonable certainty and there is reasonable certainty of
its ultimate receipt. Entitlement to legacies is considered established when the company has been notified of a
distribution lo be made by the executors. Income received in advance of due perfomiance under a contract is
accounted for as deferred income until earned. Grants for activities are recognised as income when the related
conditions for legal entitlement have been met. All other income is accounted for on an accruals basis.
Resources Expended
All resources expended are accounted for on an accruals basis. Charitable activities include costs of services
and grants, support costs and depreciation on related assets. Cost5 of generating funds similarly include
fundraising aclivities. Non-staff costs not attributed to one category of activity are allocated or apportioned pro-
rata lo the staffing of the relevant Se￿ICe. Finance. HR, IT and administrative staff costs are directly attributable
to individual activilies by objective. Governance costs are those associated with constitutional and stalutory
requirements.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cosl or at valuation, less accumulated depreciation. The charge to
depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated
residual value, over Iheir expected useful lives as follows..
Land and buildings freehold
Fixtures. fittings and equipment
Motor vehicles
4a/0 Straight line
50 % Straighl line
50Q/o Straighl line
14

continued
Down Armagh Rural Transport Partnership
IA company limited by guarantee. not havlng a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
Debtors
Deblors are recognised at the settlement amount due after any discount offered. Prepayments are valued at
the amount prepaid net of any trade discounts due. Income recognised by the company from government
agencies and other co-funders, but not yet received at financial year end, is included in debtors.
Cash at bank and in hand
Cash at bank and in hand wmprises cash on deposit al banks requiring less than three months notice of
withdrawal.
Taxation and deferred tsxation
No current or deferred taxation arises as the company has been granted charitable exemption. Irrecoverable
valued added tax is expensed as incurred.
INCOME
DONATIONS AND LEGACIES
Other
DFI
Restricted Restricted
Funds
Funds
2025
2024
Unrestricted
Funds
DFI Restricted Income..
DRD Rural Transport Fund
Assisled Rural Transport Scheme
Disability Action Transport Scheme
Dial A Lift Passenger Fare
287,334
68,766
179,129
2,836
275.752
76,250
186,921
2,272
Other Restricted Funds
Unrestricled Funds
284,170
292,367
16.776
41,828
OTHER TRADING ACTIVITIES
Unrestricted Restricted
Funds
Funds
2025
2024
Transport Services & Training
23,440
23,440
14,758
INVESTMENTS
Unrestricted Restricted
Funds
Funds
2025
2024
Inveslments
9,458
9,458
729
EXPENDITURE
CHARITABLE ACTIVITIES
Direct
Costs
Other
Costs
Support
Costs
2025
2024
Direct servi￿ Delivery Costs
Dispatch Function Costs
Adminislration & Support
470,463
150,925
56,741
1,012
12,755
126,951
471,475
163,680
183,692
444,190
171.105
150,760
678,129
140,718
818,847
766.055
15

continued
Down Armagh Rural Transport Partnership
IA company limited by guarantee. not havlng a share Capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
ANALYSIS OF SUPPORT COSTS
2025
2024
Audit Fees
Depreciation
General Expenses
Bank Charges
General Office Costs
2,750
104,984
5,431
350
27,203
2,500
67,851
4,309
370
26.568
140,718
101,598
NET INCOMING RESOURCES
2025
2024
Net Incoming Resources are stated after chargingl(¢rediting):
Depreciation of tangible assets
(Surplus)Ideficit on disposal of tangible fixed assets
Auditor's remuneralion..
audit services
104,984
(4,583)
67,851
1,435
2,750
2,500
INVESTMENT AND OTHER INCOME
2025
2024
Bank interest
9,458
729
EMPLOYEES AND REMUNERATION
Number of employees
The average number of persons employed (including executive trustees) during the financial year was as
follows=
2025
Number
2024
Number
Employees
12
12
The slaff costs comprise..
2025
2024
Wages and salaries
Pension costs
186,128
4,451
188,366
4,463
190.579
192.829
16

continued
Down Armagh Rural Transport Partnership
{A company limited by guarantse, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
TANGIBLE FIXED ASSETS
Land and
Fixtures,
buildings fittings and
freehold
equipment
Motor
vehicles
Total
Cost
At 1 April 2024
Additions
Disposals
8,500
45,479
10,978
(14,197)
258,285
100,000
312,264
110,978
(14,197)
At 31 March 2025
8.500
42.260
358,285
409,045
Depreciation
At 1 April 2024
Charge for the financial year
On disposals
3,400
1,700
38,471
7,974
{9,613)
205.475
95,310
247.346
104,984
(9.613)
At 31 March 2025
5,100
36.832
300.785
342,717
Net book value
At 31 March 2025
3,400
5,428
57.500
66.328
At 31 March 2024
5,100
7,008
52,810
64.918
10.
DEBTORS
2025
2024
Trade debtors
Amounls owed by related parties
Other debtors
Taxation and social security costs
21,836
17.677
3,837
67,019
6,426
23,980
3,350
49,166
94,959
11.
CREDITORS
Amounts falling due within one year
2025
2024
Taxation and social security costs
Accruals and deferred income
6.820
8,479
7.747
10,521
15,299
18,268
12.
RESERVES
2025
2024
At the beginning of the year
Surplus for the financial year
634,103
45,216
534,333
99,770
At the end of the year
679.319
634.103
17

continued
Down Armagh Rural Transport Partnership
IA company Ilmlted by guarantee, not having a share capital)
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
13.
FUNDS
13.1 RECONCILIATION OF MOVEMENT IN FUNDS
Unrestricted Restricted
Funds
Funds
Total
Funds
At 1 April 2023
Movement during the financial year
451,492
126,282
82,841
(26.512)
534,333
99,770
At 31 March 2024
Movement during the financial year
577.774
101,545
56,329
(56,329)
634,103
45.216
At 31 March 2025
679.319
679,319
13.2 ANALYSIS OF MOVEMENTS ON FUNDS
Openlng
Balance
Closing
Balance
In¢ome
Expendlture Transfers
DFIR
ted Funds:
DRD RuralTransportFund
Assisted Rural Tra nsport Scheme
Disability Action Transport Scheme
Dia l A Passenger Fares
287.334.00
68,766.00
179,129.00
2,836.00
538.065.00
287,334.00
72,461.00 3.695.00
179,129.00
2,836.00
541,760.00 3,695.00
Other Restrict
Rank Foundation
Motability
SHSCT
24,000.00
44222.00 - 68,222.00
18.973.00 217.154.00
161.127.00 - 75,000.00
13,356.00
22,794.00
36.150.00
56,329.00 284,170.00
265.499.00 - 75,000.00
Unrestrlcted Funds:
Un restricted- Ca pitsl Replacement 280.000.00
Un restricted- Contingency
70,000.00
Un restricted Genera I
227.774.00
41,828.00
577,774.00 41,828.00
280,000.00
70,000.00
11.588.00 71,305.00 329,319.00
11.588.00 71,305.00 679,319.00
Total Funds
634103.00 8￿063.00 - 818.847.00
679,319.1]0
The Unrestricted Capital Replacement Reserve represents the approximate cost to fund four replacement
vehicles. The charity currently has five minibuses coming up to ten years old which will need to be replaced
to continue to provide all its existing seryices.
18

continued
Down Armagh Rural Transport Partnership
{A company limited by guarantee, not having a Share capltall
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025
13.3 ANALYSIS OF NET ASSETS BY FUND
Fixed
assets
- charity use
Current
assets
Current
liabilities
Total
Endowment capital
Expendable
199,493
598,087
797,580
Restricted trust funds
17,400
126,478
143,878
Unrestricted general funds
(150.565)
497.407
{608,9811
(262,139)
66,328
1,221,972
{608.9811
679.319
14.
STATUS
The company is limited by guarantee not having a share capital.
The liability of the members is limited.
Every member of the company undertakes to contribute to the assets of the company in the event of its being
wound up while they are members, or within one year thereafter. for Ihe payment of the debts and liabilities of
the company contracted before they ceased to be members, and the costs, charges and expenses of winding
up. and for the adjustment of the rights ofthe contributors among themselves. such amount as may be required,
not exceeding £ 1.
15.
POST-BALANCE SHEET EVENTS
There have been no significant events affeding the Charity since the financial year-end.
16.
TRUSTEE REMUNERATION
None of the Trustees received nor waived any remuneration for their services as Trustees in either the current
or previous financial year
19