Company Registration Number: N1038399 Charity Number: 103843 Down District Accessible Transport IA company limited by guarantee, not having a Share capitsl) Annual Report and Audited Financial Statements for the financial year ended 31 March 2025 Daly Park & Company Ltd Chartered Accountants and Registered Auditors 4 Camegle Street Lurgan Co. Armagh BT66 6AS Northem Ireland
Down District Accessible Transport IA company limited by guarantee. not having a Sha capltsll CONTENTS Page Trustees, and Other Information Trustees, Annual Report Statement of Trustees, Responsibilities Independent Auditorfs Report 10-12 Statement of Financial Activities 13 Balance Sheet 14 Notes to the Financial Statements 15-20
Down District Accessible Transport {A company limited by guarantee. not having a share capital) TRUSTEES. AND OTHER INFORMATION Trustses Wesley David Bumside Francis Eugene Casement David Lawrence Cole-Baker Helen Coulter Nicholas John Mccrickard William Samuel Alexander Megraw Richard Clive Wallingtorb David Patterson Company Secretary Mrs. Helen Coulter Charity Number in Northern Ireland 103843 Company Registration Number N1038399 Registered Office and Prlncipal Address Innovation House Down Business Centre 46 Belfast Road Downpatrick Co. Down BT30 9UP Northern Ireland Auditors Daly Park & Company Ltd Chartered Accounlants and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland
Down District Accessible Transport IA company limited by guarantee. not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 The tTUStees present their Trustees, Annual Report, combining the Directors, Report and Trustees, Report, and the audited financial stalements 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.. Slatement ()f Recommended Practi applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). The Truslees, Report contains the information 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 trustees for the purpose of charity law and under the company's constitution are known as members of the board of Iruslees. In this report the trustees of Down District Accessible Transport present a summary of its purpose, govemance. activilies, achievements and finanS for the financial 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 wilh the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102. the organisation has implemented its remMendatIOnS where relevant in these financial stalements. Principal A¢tivity Down District Accessible Transport (Trading as Down Community Transport) works across County Down and provides a range of services to individuals and groups affected by a lack of access to transport and rural isolation. Mission, Objectives and Strategy Mission Ststement Down District ACsSible Transport (Trading as Down Community Transport) woths across County Down and is one of a number of rural community transport partnerships which are all charitable organisations that provide a range of servi$ across Northem Ireland to individuals and groups affecled by a lack of access to Iransport and rural isolation, on a nol for profit basis. Community transport setvices are provided to those living in rural areas with the specific aim of reducing social exclusion and isolation and improving the independence and quality of life for members. Specifically Down Community Transport {DCT) benefits Ihe rural population by improving access to essential servi$ such as health care, education. employment and recreation. Working collaboratively with other agencies and community organisations DCT improves local communities by providing groups with transport and training. A significant pool of volunteers has been developed to compliment and add value to the partnerships range of seNices. Structure, Governance and Management Structure The organisation is a company limited by guarantee wilh a Company Number of N1038399 and is governed by its Memorandum and Articles of Association. The company is also a registered charity with the Charity Commission for Northem Ireland under the reference 103843.The company is under the control of the direclors who are also acting trustees for the charity. The day to day management of the organisation is undertaken by the fvll time manager. Regular board meetings are held on a monthly basis. Review of Activities, Achievements and Perfonnance In 2024125 Down District Accessible Transport (DDAT), trading as Down Community Transport (DCT) delivered the following DFI supported activities: Dial-a-lift, door-to-door transport service for individuals living in rural areas. • The Assisted Rural Travel Scheme. Dial-a-lift is a door-to-door transport seNice for individuals living in rural areas who are unable lo or find it difficull to use public transport. Dial a lift can be used to arxess local services such as.. GP I clinic appoinlmentsl Dentist or Opticians, Shopping. Visiting family and friends and many other recrealional activities. DDAT are passionately aware of the need for a seNice for rural communilies which fits between PubliG Services by Translink and the Private sector (taxis and Coaches). For over 25 years, Community Transport has offered a variety of transport solutions in the South East of Nl including Dial a Lift, Group Hire and a social car scheme (staffed by volunteers in their own vehicles). This effort is ongoing and the demand is as high as it ever was and DDAT cannot meet all the demand on its resources.
Down District Accessible Transport {A company Ilmited by guarantee, not having a share capitsll TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 In 2024125, we had to pause new individual membership applications pathay through the year to ensure that every exisling member could receive at least one funded trip. Our total individual membership stood at 519. Of the trips delivered, 56 % were made by people with a disability. Despite a challenging financial position. DDAT (DCT) successfu15y completed 15,069 Dial-a-Lifi journeys-highlighting the ongoing need for and value of our service. Grou Hirelsetf Drive.. DDAT also provides affordable and accessible Iransport for our 69 member groups. In 2024125, we completed 1,009 group hire bookings, resulting in 10,068 group hire trips. Notably, 41 % of thesejourneys were delivered by our dedicated volunteer drivers. l Es?144617900 Volunteer Soci81 Car Scheme: We operate a Social Car Scheme (SCS) whereby suitably recruited and trained volunteers use their own cars under the control of our staff, providing a safe, efficient, and affordable door-to-door service as an alternative for individuals that do not have access to their own transport or that of friends and family. and who have difficulty accessing public transport facilities. This form of transport provides a more flexible and accessible one-tO- one alternative to the minibus in circumstances where time and specific destination are critical. as in such oses as Social Welfare and Health related journeys when the driver may be required to wait and provide a retum joumey. In 2024125 we provided a totsl of 1,305 trips through the social car scheme. 1,123 of these were Dial-a-lifi lrips and 182 were Out of Area trips. The Mana ement ofthe Cha The DDAT Trustees and Managemenl Committee are responsible for overseeing the business of the Charity. There are currently 8 Trustees who meet on a monthly basis. There is a full time Manager who is responsible for the day-tO- day operational management oflhe charity. The 2 office slaff are bookings officers who work 30 hours and 24.5 hours per week.
Down District Accessible Transport {A company limited by guarantee, not having a share capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 There are 9 conlract drivers on a mixture of paid contract of 30 hours. 37.5 hours & 15 hours. All drivers have full D1 or full D PCV category driver linse and CPC. They also have Minibus Driver Awareness Scheme (MIDAS) training. Partnershi Workin DDAT is represented on the following voluntary sector networks= NMD Community and Voluntary Stakeholders Forum, Good Moming Down Management Committee, Safe & Well Caring Communities, Age Friendly Strategic Forum & Age Friendly Alliance. Throughout the year, DDAT assisted Lagan Valley Rural Transport in delivering their DATS service and continued to work closely with other Community Transport partners across Northem Ireland. As part of our ongoing partnership with the Community Transport Association (CTA). we helped collate vital data ft)r the CAT Mapping Nl event, which showcased the State of the Sector Report 2025. Held at Stormont. this event highlighted the crucial role Communty Transport plays across the region. The information we provided contribuled to a more accurate picture of the seclorfs challenges, achievements, and impact-strengthening our collective voice when advocating for support and recognition. In addition, DDAT actively participated in several key local events: we joined the Good Morning Down members, gatherings, took part in the annual Downpatrick Community Collective Santa Run, assisted Homeslart with their Christmas parcel and toy deliveries, and met with local MLAS to discuss the ongoing transport needs of our community. We also hosted a stand at the Positive Ageing Expo in Downpatrick Leisure Centre, organised by the Newry, Mourne and Down District Council. We collaborated with Newry, Mourne and Down Districl Council to secure funding for a new bus and worked closely with the supplier (TBC) to ensure it was delivered on time before the end of the financial year. Partners such as County Down Rural Community Neork report an increased demand for hardship funds, foodbanks, social supermarket and other poverty related supports in 2024125. Transport is among the most important support the community seclor can offer people living isolated and disadvantaged lives and highlighted factors include Access To hospital appointments, colleclionldelivery or prescriptions, transport to other community groups facilities, lack of shuttle buses to local hallslleisure ntre$, transport for day trips. shopping- compromised motability issues.. older people would like more outings wilh groups with accessible transport., better access for adulls with ADHD and Autism.. social prescribing and MDTS at primary care cenlres setting up activities with no transport provided.. community groups would like lo access other community sector services but again transport is a limiting factor. DOIVN. 1,1 The financial osition at the end of the ear. The 2024125 financial year was a particularfy difficult one for everyone, marked by UnrtaintY around funding for all
Down District Accessible Transport IA company limitgd by guarantee. not having a share capitsl) TRUSTEES. ANNUAL REPORT for the financial year ended 31 March 2025 voluntary organisations. While the charity is currently able to continue operating on the assumption of ongoing funding, it is our hope that serious consideration will be given to increasing the grant lo reflect rising costs. Addilionally, we urge that future budgei periods extend beyond one year lo allow for more effective planning and sustainability- In response to these challenges, the committee held a Slrategic Planning Day, attended by Kellie Armstrong MLA, Frances Campbell (Director, CTA Nll, and Kathy Graham from KG Strategies. The most serious financial pressures we Gurrently face are.. The need to replace an ageing fleet of minibuses while operating on a shrinking year-to-year grant., Rising operational costs, particularly fuel and wages. At the same time. we are experiencing sustained high demand for journeys. The cost-of-living crisis has only increased the need for our services, yet we cannot maintain the same level of delivery without additional support. Budget constraints in recent years have negatively impacted the number of trips DDAT can offer to each member. However. our volunteer drivers. through the Social Car Scheme, continue to go above and beyond to support isolated members of our community. The positive oulcomes of our work are significant. Our drivers, staff, and board members regularly hear heartfelt testimonials from passengers who describe how their lives have been enriched-and in many cases made bearable-through our service. Breaking down social isolation and loneliness is difficult to quantify, but irs written clearly on the faces of the people we serve each day. iJ,,,lU 7028 4401 7900 IOhtMU141T¥ FRANSPQItv Financial Review The trustees continue to monitor and update their reserves policy in order to establish the level of reseNes that are required to continue to provide support and investment into all the projects for the next year. The charity aims to hold a separate designated reSee fund of £216,000. equivalent lo six months running costs. The trustees feel that these levels of reserves are essential to enable the Charily to continue to provide its a1VitieS for the foreseeable future. The Reserves Policy is an integral part of the tharity's planning, budget and forecasts. Flnancial Results Al the end ofthe financial year the company has assets of£264,594 (2024- £189,675) and liabilities of£10,474 (2024
Down Distrlct Accessible Transport company limiied by guarantee, not having a &hare caplta TRUSTEES, ANNUAL REPORT for the financial year ended 31 March 2025 Trustses The CU&D1 trusiees ar8 as Sel out on page 3 Wesley Davtd Buinshje Francls Eug8ne Casemenl DavKI L8wr8nc& Cek-Bak8T Helen Couller Nicholas John McCrJck8rd WJlliamSamuelAlexandeiM8graw Richard Clive W811inglon Davld Patterson In accordancewllh Ihe Consutullon. lh& Irustees relira by rolallon and, bÈlng eligible. offer Ihemselvos for re-elèclion, The secretary who served durln9 thè fjnanclal year wès.. Mr5. H81en Coulter Compllan¢ewlth Se¢tor-Wtde Legislallon Slandards The Eompany er)gages pio-aclively wllh leglslation, siandaTds and codes whlch are developed lorthe seclor. Down Dfrslricl Accesslble Transportsubscrfbes lo and Is compllantwilh Ihe following= Th8 CompanlesAcl 2006 The Chartlles SORP IFRS 1021 Publlc B8nefll In selling our obiecllves and plannlryJ our aclivilies for IhB ygar Ihe Irust8es havo glven careful conslder8llon lo the Charlty Cvrnmls$lon of Northem IrePan6'$ 9ULdan¢p on publlc benefit to ensure thal the aclivill8s have helped achleve Ihe charity purposes and provlde a benefit to Ihe beneficjaries. Down Dislrfct Accessibk? Tran5POrt exi$15 to dÈvelop. deliver. and tnalnlaln non- for- profil aceesslble CMUnI1Y Iransport opllons for Ihe public benefi¢of oui members. Ourpublicbenefil provlded through our Imnsport Services reduces social isolation llnd social &xcluslon by reaching ihe haTd lo reach and Prov1ng acce$5 lo essenllal Eervlces and connecllons to ihe wlder communlty. Our SeCeS improve the oualily of Ille, health and well- being for our usets by enabllng acc88s ID heallh and m8dl¢al locllitie5.Down Dislrlcl ActssslblÈ Tiansport's S?CeS aL%o largol soaal need by facilitatn9 acc&ss ID Iraining and employmgnl opportunities for ourmember5. Certlll¢atlon Statement W8 confirm ihal the RTF gTanl has been used solely for the purposes intended and In accordancewilh Ihe term$ and ¢ondillons of Iho grant. The Auditors The audllots. Daly Paik & Company Ud, (Chortered Aceounlanlsl have Indlcaled Ihtir wlllingne55 lo conlhue In offtC8 in 8¢¢Drdance wllh IhB provlslon5 ofsecllon 48s ol tha Companie5Acl 2006. Approved by thè Board of TTUStees on 02106125 and slgned on Its b8half by.. Wllliam M Trustee H•l8n Coultor TTUStee
Down District Accessible Transport IA ¢ompèny IlThlled by guarantee, Dot havlng a sh•ro capll81) STATEMENT OF TRUSTEES, RESPONSIBILITIES lorlha financial year 8nded 31 March 2025 The Iruslees, who are also dlre¢lors of Down Dlslrict Acce8slble Tiansport for Ihe purposes of company law, ar8 respon5ibl8 for weparlng Ihe flnanelal slatemenls In accordance wilh applicab18 law and r8gulalions. Company law requlres the Irusle&s 35 the rtlreclors to prepare flnanclal slatemenls for each financial year. Under that law lh6 Iru51ees have elected to prep8r8 Ihe fiNala1 slal8menls In accordance wllh Unlted Kuigdom Generally Aceepled Accounling Pra¢tlce Iunlled Klngdom Accounling Standard5 and appllcabla lawl Includlng FRS102 The Flnandal Reporting Slandard 8ppllcabJ8 In Ihè UK and Republlc ol Iland, Undercompany law the tIU61ees rnusl not approv8 th8 finandal statements unless Ihay a satisfied that they give 8 true and lalr view ofihe state of 8ffairs of Ihe company and of lh8 nelincome or oxpendlluiè of Ihe company forthal pedoo. In pr8parlng thès6 finan¢lal slalem8nls, the Iruslees 8re requlrad lu. selectsultable accountin9 pollclos anrf apply them con515tenlly', obseNe the melhod5 and prfnclp18s In tho Charfll88 SORP maka ludgamenls and accoUnng eslimales Ihal are r0850nable al prudent., slate whether Ihe financial slal8rnenl$ havè been prepared Sn eccordance 1 appllcable accounllng slandard$, Idenllfy Ihose 51andard5. and note U)0 èffect and the rBason5 for any malerlal dapartur8 Irom Ihose standard5: and prepare the financlal statements on ihe golng con¢em basls unle55 It is In8pproprlai6 to prèsume thai Ihe company wlll continue lrt OP8rallon. Th8 tmslees arè responslble for k88ping adequate 8ccovnllng e0rdS Ih818re sufficlent to show and explaln the company'5 transa¢Uons and disclose wSlh reasonablo accuracy al any limp IhB finarlat poslllon ol the company and enable them loensure IhatlhBfinancial sialemenls complywllh the CompanlesA¢t20C6 and.They are also responslble for sale9uaidlng Ihe assets of the company and hence lor taklro reasonable Steps for the prpvenlknn and delecllon or rraud and olherliiegularilps. In $0 far as th8 tru$loe$ ar8 aware.. there is no relevant audit information Onlorrnallon needed by tha compaTrls audller In eannedlon wllh prepailng the audllof$ reportl ofwhlch the ¢ompany's audltor is unaware. and Ihe trustees have taken all Iha slep5 Ihal Ihey ought to have taken 8s Iru5tee$ In ordgr to make Ihèrn38lves awaie ol any relevant audit Informalion ond lo e51ablish Ihatthe eornpany'5 audltor 1$ aware of that InformaOn, Apprtsd by the Board ofTrLtr9teè9 on 02106125 and Slgned on Its behalf by: Wllllam M Truste• Helen Coulter Tlee
INDEPENDENT AUDITOR'S REPORT to the Members of Down District Accessible Transport IA company Ilmited by guarantee, not having a share capital) Report on the audit of the financlal statements Opinion We have audited the company financial statements of Down District Accessible Transport I'the company,) for the financial year ended 31 March 2025 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), Ihe Balance Sheel and notes to the financial slatements, including the summary of significant accounting policies set out in note 2. The financial reporting framework Ihat 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 accordance with a fair presentation framework the financial statements: give a true 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 accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act (Northern Ireland) 2008. Basis for opinion We conducted our audit in accordance with International Standards on Auditing {UK) {ISAs (UK)) and applicable law. Our responsibilities under those slandards 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 elhical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We do nol believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for an opinion Conclusions relating to going concern In auditing 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 the 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 the company's ability to continue as a going concern for period of at least fyvelve 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 sections of this report. other Infomiation The other information comprises the information induded in the annual report other than the financial statements and our Auditor's Report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other infomalion and. except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the other informalion is materially incon5iStenl with the financial slatements or our knowledge obtained in the course of the audit. 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 misstatement in the 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 nolhing lo 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 audit.. the infomiation given in the Trustees, Annual Report for the financial year for which the financial statements are prepared is consistent with the financial slatements., and the Trustees, Annual Report has been prepared in accordan with applicable legal requirements. 10
INDEPENDENT AUDITOR'S REPORT to the Members of Down District Accessible Transport IA company limited by guarantse, not having a share capltall Matters on whlch we are required to report by exception In the light of our knowledge and understanding of the company and its environment obtained in Ihe course of the audit, we have nol identified material misstalements in the Trustees, Annual Report. we have not oblained all the information and explanations that we considered neSary for the PUTpose of our audit,. and we were unable to determine whether adequate accounting records had been kept. 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 Irustees, remuneration specified by law are not made; or the trustees were nol entitled to prepare the financial statements 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 ststements As explained more fully in the Statement of Trustees, Responsibilities set out on page 7, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they detemiine 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 truslees are responsible for assessing the company's ability lo continue as a going concern, disclosing, as applicable. matters related lo going concern and using Ihe going concern basis of accounting unless management either 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 responsibility is to conduct an audit of the company's financial statements in accordance with ISAS (UK} and to issue an auditor's report. however, because of the matters ¢Jescribed in the Basis for disclaimer of opinion paragraph, we were not able to obtain sufficient appropriate audit evidence lo provide a basis for an audil opinion on the financial statements. Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, oullined above, to detect material misslatemenls in respect of irregularities, including fraud. The extent lo which our procedures are capable of detecling irregularities. including fraud is detailed below: Further infonnation regarding the scope of our responsibilities as auditor As part of an audit in accordance with ISAS {UK}, we exercise professional judgement and maintain professional scepticism throughout the audit. We also.. Identify and assess the risks of malerial misstatement of the , whether due to fraud or error. design and perfomi audit prOdureS responsive to those risks, and obtain audit evidence that is sufficient and appropriate lo provide a basis for our opinion. The risk of not detecting a material misstalement 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. Obtain an understanding of intemal conlrol relevant to the audit in order to design audit procedures that are appropriate in the circuMstans. but not for the purpose of expressing an opinion on the effectiveness of the ompany's internal control. Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by trustees. Conclude on the appropriateness of the trustees. use of the going concern basis of accounting and. based on the audit evidence obtained, whether a material UnrtaInty 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 material uncertainty exists. we are required to draw attention in our Auditols Report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up lo the date of our Auditols Report. However, future events or conditions may cause the the company to ase to continue as a going concem. Evaluate the overall presentation. structure and contenl of the financial statements, including the di5Glosures, and whether the financial statements represent the underlying transactions and events in a manner Ihat achieves fair presentation. 11
INDEPENDENT AUDITOR'S REPORT to the Members of Down District Accessible Transport (A company Ilmited by guarantee, not havlng a share Capital) We cornmunicate with those charged with governance regarding, among other matters, the planned scope and timing of Ihe audit and significant audit findings. including any significant deficiencies in internal control that we identify during our audit. Ruairi Magi n FCA (Senior Statutory Auditor) for and on half of DALY PAR & COMPANY LTD Chartered Accountants and Registered Auditors 4 Carnegie Street Lurgan Co. Armagh BT66 6AS Northern Ireland 71.ts.Lzs 12
ocoo ) Lr)o
Down Dlstrlct Accessible Transport IA company Ilmiled by guaranlee, nothavlng a sharecapllall Company Numbor. N1038399 BALANCE SHEET a5 9131 March 2025 2D25 2024 Notes Flxed Assets Tartglble assels 10 110,900 60,222 CurrentAssets Deblois Cash &1 b8nk znd In har 11 3{980 116,714 31,609 97.844 153,694 129,453 Credltors: Amounis fallSng due withln one year 12 11D,4741 140,7041 Net Current Assets 143,220 8B,749 Total As$ets less CurrentLlabllltles 254,120 148,971 Funds General lund (unres1cledI 251120 148,971 Total funds 14 254,120 148.971 ThEse financial 51atements have been prepared in accordan wllm the 8pedal prow5ions relating lo small coMpae$ wllhin ParL 15 of Ihè Companies Act 2006. 02106125 Approved by tho Board of Trustees and autlwrls•d for Issue on bÈhalf by andslgned on its Wllllam Megraw Trustee Helen Goulter Trustèè Theroie50n pages 151020form p8rtof lhefin9n?I$&IeenIs 14
continued Down District Accessible Transport (A company Ilmited by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 IA Company limlted by guarantee, not having a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 GENERAL INFORMATION Down District A¢$S1ble Transport is a company limited by guarantee incorporated in Northern Ireland. The registered office of the company is Innovation House. Down Business Centre, 46 Belfast Road, Downpatrick, Co. Down, BT30 9UP, Northem 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. GOING CONCERN At the date of approval of these financial statements, the charity has yet to receive formal confimiation from the Department of Infrastructure in relation to the 20251265 fiJnding for the Rural Transport Fund and Assisted Rural Travel Scheme. This funding amounted to £355.649 in the 2024125 financial year. In the interim period. the charity is currently receiving monthly grants on a similar level to the funding provided for 2024125. The trustees are confident that a formal letter of offer and agreement of the 2025126 funding package will be agreed shortly. In this interim period, the trustees are carefully managing cashflow and are in Ihe process of looking al other sources of income. Delays in the confimalion of these grants has been the norm in recent years. The trustees continue to prepare the financial statements on a going conrn basis. PRIOR YEAR ADJUSTMENT The comparative expenditure figures in the SOFA for 2024 have been adjusted as a result of a reallocation of expenditure following a review carried out by the Trustees during the current year. This reallocation better reflects the spread of costs against the actual activity of the seNice in the year. The Truslees feel that this adjustment was significant enough to warrant a prior year adjustment so as the financial statements show a true and fair view. Nole, none of the opening reserves has been affected by this change. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accounting policies have been applied consistently in dealing with items which are wnsidered 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 lo include certain items at fair value. The financial statements have been prepared in accordan with the Statement of Recommended Practice (SORP) "Accounling and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102 As permitted by the Companies Act 2006, the company has varied the standard formats in that act for the Statement of Financial Activities and the Balance Sheet. Departures from the standard fomiats are to comply with the requirement5 Of the Charities 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 accordan with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102" Cash flow ststement 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 quanlified with reasonable certainty and there is reasonable certainty of ils ultimate receipt. Entitlement to legacies is considered established when Ihe company has been notified of a distribution lo be made by the executors. Income received in advance of due performance under a contract is accounted for as deferred income until earned. Grants for activities are recognised as income when the related conditions for legal entillement have been met. All other income is accounted for on an accruals basis.
continued Down District Accessible Transport IA company limited by guarantee, not having a share capital} NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 Resources Expended All resources expended are accounted for on an accruals basis. Charitable activities include costs of seNices and grants, support costs and depreciation on related assets. Costs of generating funds similarly include fundraising activities. Non-slaff costs nol attributed lo one calegory of activity are allocated or apportioned pro- rata to the staffing of the relevanl setvice. Finance, HR, IT and administrative staff costs are directly attributable to individual activities by objective. Governance costs are those associated with constilutional and statutory requirements. Tangible fixed assets and depreciation Tangible fixed assets are stated at cost 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 their expected usefvl lives as follows: Fixtures, fittings and equipment Motor vehicles 15 /0 Slraight line 25Q/o Slraight line Leasing and Hire Purchases Tangible fixed assets held under leasing arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the balan sheet at Iheir cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to Ihe income and expenditure account. Leasing Rentals payable under operating leases are dealt with in the income and expenditure account as incurred over the period of the rental agreement. Debtors Debtors 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 the company from governmenl agencies and other co-funders. but not yet received at year end, is included in debtors. Cash at bank and in hand Cash at bank and in hand comprises cash on deposit at banks requiring less than three months nolice of withdrawal. Taxation and deferred taxation No current or deferred taxation arises as the Gompany has been granted charitsble exemption. Irrecoverable valued added tax is expensed as incurred. Deferred tax is recognised in respect of all timing differences that have originated but not reversed atthe balance sheet date where transactions or events have occurred al that date that will result in an obligation to pay more lax in the fulure. or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable income and its results as stated in the financial statements. Deferred tax is measured on an undiscounled basis at the tax rates that are anlicipated to apply in the periods in which the timing differences are expected to reverse, based on rates and laws that have been enacted or substantively enacted by the balance sheet dale.
continued Down District Accessible Transport IA company Ilmited by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 INCOME Unrestrlcted Other Restrlcted Restrittèd 2025 Total 2024Totsi VOltarY Irome DFI Rural Transport Fund A£si%ied Rural Trav£1 SchemÉ tisability Action TranspLYt SchemÈ Newry. Moume & Dn District Counch Cx7nat)n 299,281 56.368 299.2S1 56,369 i.f0 100,161 121 35S.649 4S7,S31 287.216 64,841 446 1.6tsJ ICQ,161 121 121 i.soo 354,C(>3 101.761 Acttvl¥és for Gon Funds "al a Lift Transport Serbices Indiwduèl Membership 7,935 7,93S 42,423 13.415 63.773 10,806 44.564 10.026 65.396 42.423 13.415 21.350 42,423 Investhient Incc4nÈ InterÉst received 1,23S 1.235 1.235 1.235 1.054 I,OS4 43.779 101,761 376.999 522.539 420,4S3 CHARITABLE ACTIVITIES 2025 2024 Admin & Support Transport Services NET INCOMING RESOURCES 417,389 443,097 2025 2024 Net Incoming Resources are stated after chargingl(creditingl: Depreciation of tangible assets Operating lease rentals Office equipmenl Auditor's remuneration: audit services 43,230 76,151 634 634 2,640 2.065 INVESTMENT AND OTHER INCOME 2025 2024 Bank interest 1,235 1.054 INTEREST PAYABLE AND SIMILAR CHARGES 2025 2024 Hire purchase interest 681 4,438
continued Down District Accessible Transport {A company Ilmited by guarantee. not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 EMPLOYEES AND REMUNERATION The staff costs comprise: 2025 2024 Wages and salaries Social security costs Pension costs 229,832 10,764 4,588 215,597 13,987 3,894 245,184 233,478 10. TANGIBLE FIXED ASSETS Fixtures, flttings and equipment Motor vehicles Total Cost At 1 April 2024 Additions 10.588 1,987 547.127 91,920 557,715 93.907 At 31 March 2025 12,575 639,047 651.622 Depreciation At 1 April 2024 Charge for the financial year 9.668 661 487,825 42.568 497,493 43.229 At 31 March 2025 10,329 530,393 540,722 Net book value At 31 March 2025 2,246 108,654 110,900 At 31 March 2024 920 59,302 60,222 The hire purchase liabilities detailed in the notes to the financial statements are secured against the relevant motor vehicles included in fixed assels. All Hire Purchase has been settled during the current year. 10.1. TANGIBLE FIXED ASSETS CONTINUED Included above are assets held under finance leases or hire purchase contracts as follows= 2025 Net Depreclatlon book value charge 2024 Net book value Depreciation charge Motor vehicles 20,559 34743 59.302 52,162 11. DEBTORS 2025 2024 Trade debtors Taxation and social security costs Prepayments and accrued income 6,589 4,250 24,141 7,802 2,005 21,802 34,980 31.609
continued Down District Accessible Transport IA company limlted by guarantee, not having a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 12. CREDITORS Amounts falling due within one year 2025 2024 Netobligations Underfinan leases and hire purchase contracts Trade creditors Taxation and social security costs Accruals and deferred income 26,310 8,235 3,377 2,782 6,602 1,090 2,782 10,474 40,704 13. RESERVES 2025 2024 Al the beginning of the year SurplusllDeficit) for the financial year 148.971 105.149 171.615 (22.644) At the end of the year 254,120 148,971 14. FUNDS 14.1 RECONCILIATION OF MOVEMENT IN FUNDS Unrestricted Restricted Dfi Restricted Funds Funds Funds Total Funds At 1 April 2023 Movement during the financial year 171,614 (22,644) 171,614 (22,644) At 31 March 2024 Movement during the financial year 148,970 105,150 148.970 105,150 At 31 March 2025 254.120 254,120 14.2 ANALYSIS OF MOVEMENTS ON FUNDS Balance 1 April 2024 Income Expenditure TransferyJ between funds Balance 31 March 2025 Dri Restricted funds DFI Rural Transport Fund Assisted Rural Transport Scheme DAL Fare Income DAL Membership Fees 299.281 56.368 7.935 13.415 289,146 54,459 (10,115> (1, {269} {454) 12,*1 376,999 ,232 (12.76D Other Restricted funds Disability Action Transport Scheme Newry. Mourne & D¢)wn District Council 1,6(NJ 100,161 753 {93.908) 5,500 101,761 2.353 (WJ,W3) 5,500 Unrestricted funds Unrestricted Funds 148,970 43,779 50,805 1C6.675 248,620 Total funds 148,970 522,539 417,389 254,120
continued Down District Accessible Transport IA company limited by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 March 2025 143 ANALYSIS OF NET ASSETS BY FUND Fixed assets - charity use Current assets Current liabilities Total Restricted Irusl fvnds 5,500 5,500 Unrestricted general fvnds 110,900 148,194 (10,4741 248.620 110,900 153.694 (10,474) 254,120 14.4 Designated Unrestricted Reserves Al the year end, the Trustees have three separate Unrestricted funds which make up the £248,620 total shown in note 14.2 previously . Designated Vehicle Replacement Reserve - £84,569 is cuThently held in this designated reserve for the sole purpose of purchasing replacement vehicles in the future. Designated Fixed Asset Resetve - £110,990 is currently reflected in this reseNe to isolate the unrestricted reserves that are currently tied up in fixed assets. This amount matches lotal tangible fixed assets in note 10 Free Reserves- the remaining total of £53,061 represents the unrestricted free reserves. 15. 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 Ihe assets of the company in the event of its being wound up while they are members, or wilhin one year thereafter, for the payment of the debts and liabilities of the company contracled before they ceased to be members, and the costs, charges and expenses of winding up. and for the adjustment of the righls of the contributors among themselves, such amount as may be required. not exceeding £ 1. 16. POST-BALANCE SHEET EVENTS There have been no significant events affecting the Charity since the financial year-end. 17. TRUSTEE REMUNERATION The trustees did not receive, nor did they waive, any remuneration during the current or previous financial year. 18. RELATED PARTY TRANSACTIONS The company has been invoiced £450 duiing the current financial year by BVM Business Services in respect of professional payroll seNice5 provided. BVM Business Services is owned and managed by the wife of one of the Trustees. All of these invoices have been paid in full during the current finanGial year. 19. AUDITORS REMUNERATION The auditors. Daly Park & Company Ltd. reiVed an audit fee of £2,640 (2024 £2,640) inclusNe of vaL