Company registration nulnber: M 050839
Charty registration nuTnber.' MC 104536
South Antrim Community Transport
(A Company limÉted by guarantee)
Anllual Report alld Financial Statetnellts
for the Year Ended 31 March 2024
TB Millar & Co
Charter¢d Accountant & Registered Auditor
6 Doagh Road
Ballyclare
Co Antrim
BT39 9BG

South Antrim Community Transport
Contents
Reference and Adln1n￿trativt Details
Trustees, Report
2to5
Statement of T￿￿tees, Responsibilxties
Independent Auditors, Report
7t0 10
Statement of Financial Activities
llto12
Balance Sheet
13
Statement of Cash Flows
14
Notes to the Financial Statements
15to28

South Antrim Community Transport
Reference And AdministraÉive Details
Secretary
Mrs E A Bell MBE
Prxncipal Offic¢
Unit 30
Dennison Industrial Estate
Mill Road
Ballyclare
Co Antrl
BT39 9EB
The charity is in¢0￿0[ated in N4)rthem Ireland.
NI 050839
Company Registration Number
Charity Registration Number
NIC 104536
Bankers
Danske Bank
Ballyclare
18 The Square
Ballyclare
BT39 9BB
Auditor
TB Millar & Co
Chartered Accowitant & Registered Auditor
6 Doagh Road
Ballyrlare
Co Antrijn
BT39 9BG
Page I

South Antrim Community Transport
Trustees, Report
The trustees, who are directors for the puq)oses of company Raw, present the amiual report together with the
financial statements and audÈtors' report of the charitabl¢ company for th¢ year ended 31 March 2024.
Trustees
Mr H Marr0￿ Chairman
EABellMBE
Mrs D Hopper, Treasurer
Mr R Arniour
Mrs M P Bogl¢
Mr T C Clarke
Mr J M A Farqlthar
H C Hendry
Objectives and activities
ses and Aims
Our c]wity's purpose as set out in the obj¢cts Contained in the company's ￿en￿randuM of association is to:
Reduce social isolation by providkllg a communkty transport service for such of the inhabitallts of South Antrijn
and its environs {"the area of benefit") who are in need of such a service because of age, sickness or disability
(mental or physical), or poverty, or becaus¢ of a lack of availability of adewate and safe public pass¢nger
services, without distinction of se& rnce or politicaL religious or other opinion as set oirt ill Section 75 of the
Northern treland Act 1988
our work delivers our aims
We review our aims, objectives and a¢tivities each ye￿. This review looks at ts w¢ achieved, aud the
outCi)me of our work in the previous 12 months. The review looks at the success of each key activty and tbe
benefrts they have brougbt to those indlviduals alld groups of people we are set up to help. The review aIso helps
us ensur¢ our aim, objectives and activities reniained focused oll our stated pury)oses. We hav¢ referred to the
guidance contained in the Charity Commission's genernK guidance on public benefit when r¢vi¢wing our aim and
objectives and in pla[￿1ng our ￿t￿re activiti¢s.
Thefo
of our work
OLW main objectives for the year continue t(> be the provisAOll of accessible alld affordable transport in the South
Antrim area to individuals and groups living in South AJrtrAm and its environs ("the area of benefrt ),
particularly people with reduced mobility.
How our activities deliver public benefjt
Our n￿1n activities and who we ty to help are descri￿ ed below. All our charitable activities focus on the
provision of accessible and affordable transport in th¢ South Antrim area to individuals and groups living in
South Ajtrim and its environs ("the area of benefit"), partA¢ularly people wifh reduced mobility.
Page 2

South Antrinj Commullity Transport
Trustees, Report
o used and ben¢fitrd from our servkce
South Antrim Community Transport is a membership only orgaDisation which provides an affordable,
accessÉbl¢ transport service to individuals and groups from within our deSI￿ted area that have difficulty
acGessing conventional forn]s of transport.
For the year April 2023 to Ma￿h 2024, South Antiim Con]mullity Transport provided the following services:
- Dial-a-lift service for our individual senrices.
- Con]niunity Wheels service, allowing individuals to travel outside the operntional area.
- Group Transport Service
- Door-tO-Door service on behalf of Disabilty Action in the urt)an towns of Antrim and Larne.
- Motability (to enhan¢¢ our cuThnt Dial-a-lift service), from July 2023.
We achieved this with the f￿￿1claI s¢rYices from Department of Infrastructure (DFI). the Department of
Agriculture, Environm¢nt and RuTal Affairs (DAERA), Disability Action (DA), and The National IA)ttery
Community Fund for Northern IreIaod and The Motability Foundation.
During the financial year, we provided these services with the assistance of voluntser drivers who have
registered with us to provide transport for out clients. Equal access to our services is an importallt issue for us.
We have monitored access to our services by recording gender, disabilAty, nwital status, ethnicity, sexual
orientation and r¢ligion of our clients. We believe equal access to our services is vital to our success. All
InfOrn￿tion provided by OUT ¢lients is covered by the Data Protection Act 1988.
Financial Review
Our continued success in the past year ha5 been due to the continued sound f￿anCIal n￿llagement and the
support of both staff aud vohmte¢rs. The directors are responsible for keeping adequate accounting records that
are sufficient to show and explain the cornpanys lrnnsactions and disclose with reasonable accuracy at any time
the fu￿￿claI position of the company and enable them to ensure tI￿t the flliancial statements comply with the
Companies Act 2006. They are respon5ibEe for safeguardnig th¢ assets of the company and hence for taking
r¢asonable steps for the prev¢ntion of fraud and other irregularities. The directors have secured new funding for
the year 2024- 2025 as outlined below.
The directors call confll7n the Department for Infr&Sts￿cture grant has been used solely for the purposes for
which it was provided.
Princi
al Fundin Sources
Aside from the income generated by our Group Transport Service provision, the Directors have seeured funding
from the Departtnent for Infrastructur¢ until March 2025. In addition to thA4 fi￿dIng has also beell secured from
Disability Actio￿ a subsidy from the Depariment of Agriculture Enviro1￿nt and RU￿ Affairs (DAERA). We
also receive funding from The Natiollal Lottery Community Fund for Northern Irelan4 and we hav¢ a new
fLmding stream from Motability UK from July 2023 to Jun¢ 2026.
Reserv
Poli
The Management Comtnittee has examined the chaTitys requFrements for reserves ill light of the risks to
the organRsation. It establithed a policy whereby the unrestricted fimds not committed or invested in tangible
xed assets held by the charity should be 3 months. These reserves are ll¢￿ed to Th￿et the wlxking capital
requirements of the Charity and the Management Committee És confident that at this level they would be able to
continue the current actÈvities of the charity in the event of a sigllificant drop in fimdi-llg.
The reserves required in March 2025 are £285.477. OL]r net assets on 3 1st March 2024 are £539,906.
Page 3

South Antrim Community Transport
Trustees, Report
Plan$ for the Future
South Antrim Conllllunity Transport aims to conttnue Providing an affordable, accessil)le transport se￿]¢¢ to
individuals and groups from the South Antrim ar¢a and its environs ('the area of benefit.) that have difficulty
accessing conventional forn]s of transport.
To achieve these aims we pmpose the following goaLs in order to adapt our services to meet the chattges that
challenge ug aEI, while continuing to provide a valuable service to our current members.
For tbe year April 2024 to March 2025 South Alltrfftm CoDwiullity Transport will again provÉde a Dial-A-Lift
service on behalf of the DFI and DAERA througb the snwt pass scheme. The Community wheels project is
fi￿ded by the National Lottery until June 2025. We have succesthlly been awarded fullding from The
Motability Foundation from June 2023 to June 2026 which will illcrea￿ our service provision for persons a
disability throughout our schemes.
Other services to be provided include Group Serviees for metnb¢rs and South Antrim Community Transport
have a service level agreem¢nt with DisabiEity Action to provide an urban 'Door to Door Service, for the Antri
and Larne areas.
Stru¢ture) governance and management
overnill
Document
The organisatioll is a charitable company limited by guarantee, illcory)orat￿ on 3rd June 2004 and recognised as
a regAStered charity by HM R¢venue and Customs. The con)pany wag established under a meMorand￿n of
Association which established th¢ objerts and powers of the ch￿l￿ble company and is governed Under its
Articles of AssociatiOAL
If upon winding-up or dissolution of the Company there renjains, after the satisfaction of all its debts and
liabilities, any propety whatsoever, the same shall not be paid to or distributed among the members of th¢
company, but shall be given or trallSfe￿d to some other clwAtable iustitutions having objects similar to th¢
objects of the Company, and whxch shall prohi￿lt the distribution of its or their Income and property to th¢
extent at least as great as is in)posed on the Company under or by virtue of Clause 5 hereof, such instittiti¢)n or
institutions to be determiued by the memb¢rs of the Company at or before the time of dAssolutÈon, au& insofar as
effect cannot bc given to such provision, then to som¢ other charitable objecL
tment and A
ointtnent
t Conllnittee
The diiectors of the company are also charty tn]sÉees for the pwpose of Charity law and under the company's
Articles are known as membeTS of the Management Committee. Under the requirements of the Memorandu
attd Articles of Association the members of the Management Committee are elected to serve for a period of
three years after which one third of the diIectors shajl retire from office birt can put themselves fonvard for
re-election on a rotational b&sis. AII members of1he Management Committee give their time voluntarity and
receiv¢d no benefits from the charity. Any expenses reclaimed from the Ch￿ty are set out in note 10 to the
accounts,
Trustee Induction and Train
Most tn￿ee$ are already familiar with the prnctical work of the ch&ity. Additionally, new trustees are invited
and encouraged to attend a short governance training to familiarise thentselves with the chaTity and the context
within which it operates.
Page 4

South Antrim Community Trajjsport
Trllstees, Report
"sational sIn￿tUr¥
The Manag¢metyt Conunitte¢ of 8 metnber8 meets bi-monthty and is respon￿￿1# for the str*gic Oire¢tion and
pts]ity of the charity, At present the has e￿￿t member8 from a variety of Profession￿ backwmds
relevaat to the of the Ch￿lty, Th¢ S￿etary aIso 6kts on the comnite¢.
A schw 0£ d¢lÈgation is ill place aud day to day re8pollsiI)ibty for the provision of th& s¢rvi¢e3 t&5t with
The Manager is re5trf)nsible for ¢nsurAng that the Charity debvers the seThices spe01f￿d and that key
perfor￿lanCe indicators are nkL The Manager is respon￿1)￿ for th¢ day lo managenwll of the SeThice,
iAdrYidual superyision of the #aff team and also onsuriJg that the toam ¢ontinu¢s to d¢v¢lop th¢ir skilLs alld
working practi¢¢s Ka liu¢ with goodrn¥tice.
The MaDa* Conunits conth¢ted a Tewiew aud updated the risk a89e8sments for the office premises and
Disclosart of iaformatioD to #udltor
Fa¢h tru*¢e has tsken sfrps that they ought to have ikn as atrustee in order to mak¢ tii¢ms¢Jves awdr¢ of auy
roIevtrtt ￿dit jJ)£Om￿on and to establish th8t Ihe tharity's ￿ditOr is aware of that ijjfonllatioll. Th¢ trust
confrn tbat there is no relevant inforn￿ri0ll that they know of and of which they know Éhe auditor is ullaware.
Reappointmellt of auditor
In accordance w2tb se&ion 485 of th¢ CtsJnpani&s Act 200& a resohttion for the Trappointin￿t of TB Millar
Co as auditors of th¢ thrity is to be pmp08edat the f(Kthcomifjg Gwlgral Meetill&
Small companfits prnvislon *Axtement
ThAS rcporth&s be¢n prepared in accordance the small compani&% regime underthe CornpaniL8 Act2006.
The aDnual rcport W4s approyedby the truste¢s of the cl￿Tty on 25 June 2¢124 and $￿ed on its b¢h￿f by:
MrHM
TnJsts¢
Pago 5

South Antrim Community Transport
Statement of Trustees, Responsibilities
The trustees (who &r¢ also the directors of South Antrim Community Transport for the puryoses of col￿allY
law) are responsible for preparing the trust¢es' rep￿rt and the finallcial staternents in accordance with applicable
law aud Unkted Kingdom Accounting Standards (UnÉt¢d Kingdom GeneAalty Acceptsd Accounting Practice),
including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" The
report and accounts have been prepared in ac¢ordanc¢ with the provisions in the Companies Act 2006 relating to
small companies.
Company Eaw requires the tDJste¢s to prepare fmancial stat¢ments for each financial year. Under company law
the ttustees must not apwove the fmallcial statem¢nts unless they are satisfied that they give a true and fair view
of the state of affairs of the charitable Co￿panY and of the incoming resources and application of resource4
including its income and expenditLJre, of the clwitable company for that perio& In preparing these fll)allcial
statements, the trnstees are required to.,
select suitable a¢¢ountiug policies and apply them consistently.
observe the methods and principl¢s in the Charities SORP.
make judgements and estitnates that are re&sonable and prudeni
state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any
material departlwes disclosed and explained in the financial statements" and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charitable wmpany will continue in business.
The trustees are responsible for keeping proper accounting rerords that can disclose with re&sonable accuracy at
any time the fjnancial position of the charitable company 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 charitable
company and hence for taking reasonable steps for the preventton and detection of fraud ¥nd other ]￿egUlar1tAes.
The trnst¢es are responsible for the nmintenance and integrity of tbe coryorate aud finallcial inforniation
included on the charitable company's website. Legislation governing the preparatiott and dissemination of
financial statem¢nts n)ay dAff¢r from legislation in other jurisdictions.
Approved by the trustees of the ch8rity on 25 June 2024 and signed on its bebalf by:
MrHM
Trustee
Page 6

Soutb Antrim Community TraDsport
Independent Auditor's Report to tbe Members of South Antrim Community TrallSPOrt
Opinion
We have audited the ftnancial statements of South Antrim Ci>nimunity Transport (the 'charity) for the year
¢nd¢d 31 March 2024, whiclk comprise the Statement of Ftnancial Activities, Balance Sheet, Statement of Cash
Flows, and Notes to the Financial Statements, including a summary of si￿Aficant accountiJ]g policies. The
fmancial r¢porting framework that has been appli￿ in their prepardtion is Unit¢d Kingdom Accounting
St&ndards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland, and applicable law (United Kingdom Generally Ac¢¢ptrd Accounting Practice).
In ow opinion the f￿ancIal statements:
gÉve & true alld fair view of the state of the charity's affairs as at 31 Ma￿h 2024 and of it5 re$￿ts for the year
have been properly prepared in accordan￿ with Unkted Kingdom Generally Accepted Accounting Practice.
have been prepared in accordance wkth the requirements of the Companies Art 2006.
Basis for oplnioll
We conducted our audit in accordance with Lnternational Standards on Auditing (UK) (ISAS (LU()) and
applicable law. OLU responsbi iliti¢s under those standards are firther described in the auditor responsibtllties for
the audit of the fllwicial statements S¢Ction of our report. We are independent of the charity ia accordance
the ethical requirements that are relevant to our audkt of the financial statements in the UK including the FRC'S
Ethical standar￿ and the provisions available for small entities, in the circumstances set out irA note to the
fmancial statem¢llts, and we have fidfilled our other ethical responsibilities in accordance with these
requirements. We believe that the audit ¢viden¢e wt have obtained is sufficÉeELt and appropriate to provide a
basis for our opinAOn.
Conclusions relating to going concer
In auditing the financial statements, we have concluded that the tr￿tee8 use of the going con¢ern basis of
accouuting in the preparation of the financial statements is appropriate.
Based ijn the work we have perfornied, we have not identified any material uncertainties relating to events or
conditions thaL individually or collertively, may cast stgnificant doubt on the charity's ability to continue &s a
going concern for a period of at least twelve months from when the Ori￿nal financial statements were authorised
for issue.
Our responsibillties and the Tesponsbi ilities of the I￿Ste¢S with respect to going concern are d¢5¢ribed in the
relevant sections of this report.
Other information
The trustees are responsible for the other tllfornmtion. The other information comprkses the inforniation included
in the annual report, other than the financial statements and our auditor's report thereoL Ow opillion on the
fmancial statements does not ¢over the other infonllation and, except to th¢ extent othenvise explicktly stated in
our report, we do llot express ally forn] of assurance conclusion thereoD.
In connection with our audit of the financial statements, our responsibility AS to read the other iDfonnation and.
in doing so, consider whether the other irlfornktion is materially inconsistent with the financial statements or
our knowledge obtained in the audit or oth¢rwise appears to be materialty misstated. If we identify such material
inconsist¢noies or apparent material misstatements, we are requir¢d to detsnnine whether there is a rnaterial
misstatem¢nt in the financial statements or a matertal misstatement of the other ]nforn￿ti0n. If, based on the
work we have perfomled, we conclude that there is a material misstaten]ent of this other inforn1atio￿ we are
required to report that facL
We have nothing to report in this regard.
Page 7

South Antrim Community Transport
Independent Auditor's Report to the Members of South Antrim Community Trallsport
Opinion on other matter prescribed by the Companie$ Aet 2006
In our opinion, based Oll the work undertaken in th¢ Course of the audit:
the information given in the Trustees, Report for the financial year for wbich the fll)ancial statsments are
prepared is consistent WAth the fllwiciaE ststements. and
the Truste¢s' R¢port has been pr¢pared in ￿CordanCe with applicable l¢gal r¢quiTem¢nts.
l￿tstters on whieh we are required to report by exeeption
In the light of our knowledge and understanding of the ¢haTity and its environment obtained yn the courge of the
audit, we have not Èdentified material misstatements ill the Trustees, Report.
We have nothing to report in respect of the following matters wher¢ the Compaaies Act 2006 requir¢s us to
report to you if, in our opinion:
adequate accounting records have not been kept, or rett￿lls adequate for ow audit have not been received
from branches not visited by us. or
the financial statem¢nts are not in agreem¢nt with the accounting records alld Teturns. or
¢ertain disclosures of trustees remuneration specified by law are not made. or
we have not r¢ceived all th¢ Inforn￿tion and explanations w¢ require for ovr audit.
Responslbilities of trustees
As explained more fi￿Y ill the Statement of Trust¢es' Responsibilities {s¢t out on page 6), the tntstses are
respoDsible for the preparatioll of the fmancial statetnents and for being satisfi¢d that th¢y give a trll¢ aud fair
view, 2nd for such illten)al control as the trustees deterniine is necessary to enable the preparation of fmancial
statements that &re free from materlal misstatemenL whether due to fraud or error.
In preparing the finan¢id stst¢m¢nts, the trustees are responsible for assessing the charAty's abilÉty to continue as
a going concery di8closin& as applicable, matters related to going corAcern and using th¢ going concern basis of
ac¢oiillting unless the trLk8tees either intend to liquidate the c]wity or to cease operations or have no realisti¢
alternative but to do so.
Auditor responsibilities for the audit of the financial statements
Our obj¢¢tiv¢s are to obtain reasollable assurance al)out whether the financial statements as a whol¢ free
from material misstatement, whether due to fraud or error, and to issue an auditor's r¢port that includes our
opinion. Re&sonabl¢ assurance ks a high level of assurance, but is not a gL￿rants¢ that an audit conducted iu
accordance with ISAS (UK) wlll always detect a materAal misstatement when it exists. Misstatements can arise
from fraud or error and are ¢onsidere(I matsrial 1£ indlvidually or in the aggregate, they could reasonably be
exp¢ct¢d to infiuen¢e the ¢¢onomi¢ decisions of users taken on the basis of these fmancial statements.
The &xtent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Page 8

South Antrim Community Transport
Indepelldent Auditor's Report to the Members of South Antrim Community Transport
We considered the oppor¢Linkties alld incelltives that ¢XiSt within th¢ Chaity for fraud and identified the
greatest potential for fraud in relation to revenue recognition and paymellt of amounts from the Charity.
coJDmon with all audits under ISAS (UK), we are also required to peTforni specific procedu￿ to respond to the
Tisk of n￿lagement override.
We also obtained all widerstanding of the legal and regulatory frameworks tbat the Clwity operates in, focusing
on provisions of those laws and regulations that had a direct effect on the detennination of material amounts and
disclosures In the fmancial statements. The key laws and regulations we considered An this context included
Companies Ad 2006, Charities Act (Nl) 2008 and guidance provided by the Charity Commission for Nortbern
treland.
In additio￿ we considered provisions of ￿levant laws and regulations that do not have a direct effect on the
financial stat¢ments but compliance with whicb may be fimdamentsl to the Charity's ability to operate or to
avoid a matsrial penalty.
Our procedures to respond to risks identified included the follo￿￿ng.
- reviewing the f￿anCIal staternent disclosures and t£stiDg to supporting docull￿ntatioll to assess complianc¢
with provisions of relevant laws and regulations deScrI￿ed as having a direct effect on th¢ fin￿Cial stat¢rnents'
- enquiring of management regarding actual and potential litigation and clairns.
- perforniing analytical procedures to identify any unusual or wiexpected relationships that may indicate risks of
material rnisstatement due to fraud.
- reading minute5 of meetings of those charged with governance and reviewing regutstory COTrespond¢nce with
the CILarity Collunission for Northern Ireland.
- in addressing the risk of fraud through management override of controls w< testsd the 4)propriateness of
journal entries and other adjustments" assessed whether the judgements made in making accounting estim*es
are indicative of a potential bias,. evaluated the business rationale of any significant transactions. and where
possible obtained direct confirniation of balances independently from the relevant paty.
We also cornrnunicated Televant identified laws and regulations and potential fraud risks to all engagement team
members, and remained alert to any indÉcations of fraud or non-compliance with laws and regulations
throughout the audit.
Because of the inherent limitations of an audiL there is a risk that we will not detect all irregukTitie4 including
those leadiug to a material misstatement in the f￿ancIal statements or non-cornpli&nce with regulation. This risk
increases the n]ore that compliance with a law OT regulation is removed from the events alld transactions
reflected in the fmancial statements, &$ we will be less likely to become aware of iJ]stances of non-complian¢¢.
The rÉsk is also greater regarding irregularities occurring due to fraud rather than e￿Or, as fraud involves
intentional ¢on¢ealment, forgery, Collusio￿ omÉssÉon or misrepresenlatioEL
Page 9

South Antrim Community Transport
Independent Auditor's Report to the Members of South Antrim Community Transport
Use of our report
This report is made solely to the charitsbEe company's trustees, 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 migbt stats to th¢ charity's
tr￿St¢es thos¢ matters we are required to state to tbem in an auditor's report and for no other purpose. To the
Ilest extent p¢rn)itted by law, w¢ do not accept or assume responsibility to anyone other than the charitable
company and its trnstees as a boay, for our audit worL for this reporL or for the opinÉons we have fornied.
Barry
For
Senior Statutory Auditor)
alf of IB Millar & Co, Statutory Auditor
onbe
6 Doagh
Ballyclare
Co Antrim
BT39 9BG
25 June 2024
Page 10

South Antrim Community Transport
Statement of Financial Activities for the Year Ended 31 March 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses).
Total
2024
Unrestrieted
Restricted
Note
Income and Endowments from:
Charitable activities
Investment income
Other income
71272
1.880
12,661
778,473
849,745
1,880
12,661
Total income
85,813
778,473
864,286
Expenditllre on:
Charitable activities
Other expeuditure
(584,441)
(79,920)
(584,441}
(116,820}
(36,900)
Total ¢xpenditure
(36,900)
(664,361)
(701,261)
Net income
48,913
114,112
163,025
Net movement in fimds
48,913
114,112
163,025
Reeollclliatlon of Iunds
Total fimds brought forward
246,207
130,701
376,908
Total funds carri¢d forward
22
295,120
244,813
539,933
Unrestricted
funds
Restrieted
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trad3ng activiti¢S
Investtnent income
500
28,637
7,941
1,190
500
272,382
7,941
1,190
243,745
Total income
38.268
243,745
282,013
Expenditure on:
Charitable activities
Other expendkture
(268,733)
(44,360)
(268,733)
(82,967)
(38,607>
Total expenditure
(38,607)
(313,093)
(351,700)
Net expenditwe
339
69,348
(69,687)
Net movement in fimds
(339}
(69,348)
(69,687)
Reeoneiliation of funds
Total fimds brougbt forward
246,546
200,049
446,595
Total funds Carried fon¥ard
22
246,207
130,701
376,908
The notes on pages 15 to 28 forni an illte￿al part of tbese f]nancial statements.
Page 11

South Antrim Community Transport
Statement of Finaneial Aetivities for the Year Ended 31 Mareh 2024
(Including Income and Expenditutre Aeeount and Statement of Total Reeognised Gains
and Losses)
All of the clwity's activities derive from Continuing operations during the above two p¢rio(Ls.
Th¢ funds breakdown for 2023 is shown in note 22.
The notes on pages 15 to 28 forni an Inte￿al part of thes¢ fllwicial statements.
Page 12

South Antrim Community Transport
(Registration number: M 050839)
Balance Sheet as at 31 March 2024
2024
2023
Note
Fixed assets
Tangibl¢ assets
15
214,378
127,189
Current assets
Debtors
Cash at bank and in hand
16
21,961
363,743
385,704
13,679
310259
17
323,938
Creditors: Amounts falling due wtthin one year
18
(41,399)
(36,569)
Net eurrent assets
344,305
287J69
Total assets less current liabilities
558,683
414,558
Creditors: Amounts falllng due after more thall one year
19
(18,750)
37,650)
Net assets
539,933
376,908
Funds of the charity:
Restricted income funds
Restricted fiuids
244,813
130,701
Unrestrieted ineome funds
Unrestricted fimds
295,120
246,207
Total funds
22
539.933
376,908
These fjnancial statements have been prepared in accordance the special provisions relating to companies
subject to the Sn￿11 c4)mwies regime ￿7th]n Part 15 of the Companies Act 2006.
The fjnallcial statements on pages l I to 28 were approved by th¢ trustees, and authoris¢d for issue on 25 June
2024 and sigued on theÈr b¢half by:
Mrs D Hopper
Trustee
The note5 Oll pages 15 to 28 fonn an xutegral part of these fu￿1claI stat¢m¢nts.
Page 13

South Autrim Community Transport
Statement of Cash Flows for the Year Ended 31 Mareh 2024
2024
2023
Note
Cash flows from operating activities
Net cath incomel{expenditure)
163,025
(69,68
Adjustments to cash flows from non-cash items
Depreciation
Investment income
116,820
(1,880)
277,965
82,967
(1,190)
12,090
Worlang capital adjustments
(tncrease)Idecre&ge in debtors
Increase in creditors
16
18
(8,282)
4,830
14,199
1,724
Net c&sh flows from operating activities
274,513
28,013
Cash flows from investing actlvlties
Interest receivable and similar income
Pur¢h&se of tangible fixed &ssets
Sale of tangible fLxed assets
1,880
(212,515)
8,506
1,190
(80,344)
15
Net cash flows from investing activities
{202,129)
(79,154)
Cash flows from finanelng activitfies
Proceeds ofloons and boTrowings
20
18.900)
56,550
Net infftase in cash and cash equivalents
53,484
5,409
Casb and cash equivalents at l Apri
Cash and cash equivalents at 31 March
310,259
304,850
363,743
310,259
Reeonciliatioll of aet cash flow to movement in net funds
Increase in cash
Cash outtlow from repayment of capital elem¢nt of fiTHllce leases and
hire purchase COntr￿ts
53.484
5,409
(18,900)
56,550
Cbange in net fimds resulting fr(Im c&8h flows
34,584
61,959
Net fimds at l April 2023
310,259
304,850
Net funds at 31 March 2024
344,843
366,809
All of the casb flows are derived from continuing ¢)perations durÈng the above two periods.
The Thotes on pages 15 to 28 forni an int¢gTal part of these fjjwicial statements.
Page 14

South Antri]n Conununity Transport
Notes to the Financial Statements for the Year Ended 31 March 2024
I Charity status
The charity is IAmited by guaralltse, incory)ornted in Northern Ire18nd, and consequently does not hav¢ share
capital. Each of the ttvstees is liable to ¢ontril)ut¢ an amount not ¢xc¢eding £1 O towards th¢ assets of th¢ ¢]Jarkty
in the event of liquidation.
The address of its registered office is:
Unit 30
DeDnison Industrial Estate
Mill Road
Ballyclare
Co Antrim
BT39 9EB
These financial ststements wer¢ autboris¢d for issue by th¢ truste¢s on 25 Jun¢ 2024.
2 Accounting policies
SumDxary of significant accounting policies and key accounting estimat&s
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applKed to all the years presented, unless otherwise stat
Statexnent of compliance
The fllwiciai ststements have been prepared in accordance witb Accounting and Reporting by Charities..
Statement of Reconllnended Practice (applicable to charities prq)aring their accounts in accordance with the
Financial Reporting Standard 8pplicable in the UK and RepubEic of Ireland (FRS 102)) (issued in October 2019)
- (Charities SORP (FRS 102)), the Fillancial Reporting St2ndaTd applicable in the UK and Republic of Ireland
(FRS 102) and th¢ Compani¢s Act 2006.
Basis of preparation
South Alltrltn Community Transport m¢¢ts th¢ definition of a public ben¢fit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction V￿￿¢ unless oth¢rwis¢ stated in the relevant
accourLting policy notes.
Page 15

South Antrim Community Tranyport
Notes to the Financial Statements for the Year Ended 31 March 2024
Going conoern
The effects of budg¢t cuts and soaring prices Ilas created a difficult environment ill wbieh the Charity operates.
Funding from the Departtnent of Infrasts￿Cture and Departhient of A￿lcultural Environment and Rural Affairs
has been agreed to March 2025.
The Charity has sufficient awumulated res¢rves available to cover a deficit in funding from these departtnellts
for a 12 month period from June 2024.
Funding from the NatÈonal Lottery Community Fund for Northern Ireland and the n¢w fimding stream from
Motability UK is being ￿e1Ved and utilised a¢¢ording to the conditions of the funding a￿¢Ment.
The Dir£ctors have pRtpared budget5 for the upcoming 12 months which indicate that the C]wity will continu¢
as a going concern.
The financial statements have been prepared on a going concorn basis.
Ineome and endowmeuts
All income is recogni£ed once the charity has entitl¢ment to the income, it is probable that the income will be
received and the amount of the income receivable can be measured r¢liably.
Donatsons legacies
Donations ar¢ recognised when the charity has been notified in writing of both the a￿Ount and settlement date.
In the event that a donation is subject to conditions that require a lev¢1 of perforni&llce by the charity before the
harity is entitled to the fi￿ds, the income is deferred and not recognised Ulltil eitber those conditions are Mly
meL or the fulfihnent of those conditions wholly within the control of the ¢harity and it is probable that these
onditions will be fillfilled in tbe rq)orting period.
Expenditure
All expenditure is recognised ollce there is a legal or ¢onsttu¢tive obligation to that expenditure, it is probable
settlement is requixea and the amount can be measured r¢liabty. All costs are allocated to the applicable
expenditur¢ heading t1￿$ aggregate SiEnilar costs to that category. Where costs cam]ot be directly attributed to
particular h¢adings they have been allocated on a basis Consistent with th¢ use of resources, with central staff
costs allocated on the basis of tim¢ sp¢]JL and depreciation charges allocated on the portion of the ass¢t's use.
Otber support costs are allocated based on the spread of staff costs.
Charztoble acllvldes
Charitable expenditure comprises those costs incurred by th¢ charity in the delivery of its actkvities alld services
for its beneficiaries. It includes both costs that can be allocated directly to sueh activities and those costs of an
indirect nature n¢¢essary to support them.
Support cost$
Support Costs include central fi￿CtionS and have been allO￿ted to activity cost categories on a basis c4)DSiStent
with the use of r¢sources, for example, allocating propety costs by floor areas. or per capit4 staff costs by the
time spent and other costs by their usage.
Page 16

South Antrim Community Transport
Notes to the Financial Statements for the Year Ended 31 Mareh 21)24
Governance costs
Tb¢s¢ include the costs attributable to the cJAarity's Compliance with Constitirtional and statutory requirements,
including audit, str&tegxc management and trustees meetings and reimbursed expenses.
Taxation
The charity is considered to pass the tests set out in Parngraph I Schedule 6 of the Finance Act 2010 and
therefore it meets the defmition of a charitable company for UK CO￿OratiOn tsx pwpos¢s. Accordingly> the
charity is potentially exempt from taxation in respert of income or capital gains received within categories
covered by Chapter 3 Part I l of th¢ Corporntion Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to clwitable pwses.
Tangible fixed assets
Individual fixed assets costing £100.00 or more ar¢ initially recorded at wst.
Depreciation and amortisation
D¢preciation is pmvided on tangible fixed &8sets so as to write off th¢ ¢ost or Valuatio￿ kess any estimatsd
residual value, over their experted useful economic life as follows:
Asset class
Depreciation method and rate
250/0 Reducillg balance basisl 250/0
Straight Line basis
250/0 lieducing balance basis 133.330/0
Stixigbt line basis
Motor vehicles
Furniture and equipment
Trade debtors
Trade d¢btors are amouots due from ¢ustom¢rs for merchandise sold or services peiformed in the ordinary
course o£busin¢ss.
Trade debtors are ￿ognIsed initially at the transaction price. They are subsequently measured at amortised cost
using the effective iuterest method, less provision for itnpairnient. A provision for the iJnpaiTment of trade
debtors is established whell ther¢ is objertive evidence that the cFwity will not be able to collect all amounts due
according to the origillai tern]s of the receivables.
Cash and cash equivalents
C&qh and cash equivalents comprise cash on hand and call deposÉts, alld other short-terni highly liquid
invesknents that ar¢ readily convertAble to a known amount of cth and ar¢ subje¢t to an inslgnificant risk of
ch?￿ge in value.
Page 17

South Antrim Co]nmunity Transport
Notes to the Fluallcial Statements for the Year Ended 31 March 2024
Foreign exchange
Transactions in foreign currencies are ￿Orded at the rat¢ of exchange at the dats of the transaction. Monetary
assets and liabilities denominated in foreign currencies at the balance sheet dale are reported at the rat&q of
exchallge prevailing at that date.
The results of overseas operations are translated at the average rates of exchange during the period ana their
balanc¢ sheets at the rates nding at the balance sheet date. Exchange differences ￿lsillg on translation of the
opelliug net assets and results of overseas operations are reported in other comprehensive income and
accumulated in ¢quity (attributed to non-controljing interests as appropriate).
Other exchange differences ar¢ recognised in th¢ Statement of Financial Activities in the period in which they
arise exwt for:
l) exchange differences on transactions entered into to h¢dg¢ certain foreign currency risks (see above)"
2) ex¢hange differences arising on gains or losses on non-monetary items which are reco￿lsed in other
comprehensive income" and
3) in the case of the Consolidated fmancial stat¢ments, exchaE)g¢ differences on monetary items receivable from
or payable to a forei￿1 operation for whlch s¢ttlem¢nt is neither planned nor likely to occur (therefore fonning
part of the net investtnent in the foreign operation), which ar¢ recognised in other comprehensiv¢ income and
reported under equity.
Fund structure
Unrestricted incolne funds are general funds that are avaiEable for us¢ at the truste¢s discretion in fi)rtherance of
the objectives of the charity.
Restricted income fiukds are those donatsd for use in a particular area or for specific purposes, the use of which
is restricted to that area or purpose.
Page 18

South Antrim Community Transport
Notes to the Financial Statements for the Year Ended 31 March 2024
3 In¢ome from donations and legaclos
To£al
2024
Total
2023
Donations and legacies.
Donations from companies, tn￿S and sirnilar proceeds
500
500
4 Income from Charitable activities
Ullrestrieted
fullds
General
Restricted
fllnds
Total
2024
Department for Infrastructure
Assisted Rural Transport Scheme
Disability Action Transport Scheme
Motobility Foundation
Group ServAces
Dial a Lift Passenger Ftwes
Disability A¢tioTh Pass¢nger Fares
Lottery Funding - Community Wheels
Antrim & Newtownabbey Borough Council
113,942
27,128
7,456
517.548
113,942
27,128
7,456
517,548
71,272
5,057
1,582
104,260
1,500
71272
5,057
1,582
104,260
1,500
71272
778,473
849,745
Unrestrieted
funds
Gentral
Restricted
unds
Total
2023
D¢partment for Infrastrtwtu
Assisted Rur￿ Tmsport Scheme
Group SeThices
Dial a Lift Passenger Far¢5
Disability Action Passenger Fares
Halifax
Lottery Funding - Communty Wheels
Antrim & Newtowivabbey Borough Council
Department of Con)munities
117,871
27,092
117,871
27,092
28,637
4,211
4,805
3,000
81,550
950
4,266
28.637
4.211
4,805
3,000
81,550
950
4,266
243,745
28,637
272,382
Page 19

South Antrim Community Transport
Notes to the Financial Statements for the Year Ended 31 March 2024
5 Income from other trading aetlvities
Unrestricted
funds
General
Total
funds
Total for 2024
Total for 2023
7,941
7,941
6 Other income
UDrestricted
funds
General
Total
funds
Gains on sale of tangible fixed assets for ¢haritys own use
Total for 2024
12,661
12,661
12,661
12,661
7 ExpeRdtture on cbaritable activitles
Restricted
funds
Total
funds
Note
Department for Infrastsucture
Motability Foundation
Staff costs
Allocated support ¢osts
Governance Costs
141,071
324,199
87,119
30,639
1,413
141,071
324,199
87,119
30,639
1,413
Total for 2024
584 441
584,441
Total for 2023
268,733
268,733
In addition to th¢ ¢xpenditure analysed above, there are also govemance costs of £1,413 (2023 - £1,328) which
relate directly to eharitabl¢ activities. See note 9 for further details.
Page 20

South Antrim Community TraDSPOrt
Notes to the Financial Statements for the Year Ended 31 March 2024
8 Other expendithre
Unr¢stricted
funds
General
Restricted
funds
Totsl
unds
Note
Depreciation, amortisation and other sÈmilar
costs
36,9(Xl
79,920
116,820
Total for 2024
36,900
79,920
116,820
Total for 2023
38,607
44,360
82,967
Page21

South Antrim Community Transport
Note5 to the FillancRal Statements for the Year Ended 31 Mareh 2024
9 Analysis of govornanee and support costs
Support costs alloeated to raising funds
Premises
costs
InformaÉion Adminfistration including
technology
costs
depreeiation
Total
funds
Basis of allocation
Provision of social transport
services
5,054
15.536
10,049
30,639
Total for 2024
5,054
15.536
10,049
30,639
Total for 2023
5,613
15,242
10,456
31,311
Basis of allocation
Reference
Method of alloeation
Actual cost
Governanee eosts
Restricttd
fiinds
Total
rullds
Audit fees
Audit of the financial statements
Other governance costs
1,230
183
1230
183
Total for 2024
1.413
1,413
Totgl for 2023
lJ28
1,328
10 Net incomingloutgoing resources
Net incoming/(outgoing) resources for the year illclude:
2024
2023
Audit fees
DeprecÉation of fixed ￿￿ets
1230
116,820
1,150
82,967
Page 22

South Antrim Community Transport
Notes to the FinAnci21 Ststements for the Year Ended 31 March 2024
11 Trustees remuneration and expen$¢s
During the year the chaTity nmde the following transactÉQnS WFth trustees:
No trustees, nor any persons ronnected with tELem, have received any remuneration from the charity dwing the
During the year £182 was reitnbursed to Trustees reEating to travel expenses.
12 Staff costs
The a￿gate payroll costs wer¢ as follows".
2024
2023
Staff cost5 duriDg tbe year were:
Wages and salaries
Other staff costs
85,509
1,610
87,119
72.635
1,578
74,213
No fflnployee received emoluments of more than £60,000 during the year.
13 Auditors, remuneration
2024
2023
Audit of the fllwicial ststements
1,230
1,150
Page 23

South Alltrim ComLuuuity Transport
Notes to tbe Financial Statements for the Year Ended 31 Mareh 2024
14 Taxation
The charity is a Ycgstered charty and is theref4)re exempt from tsxation.
15 Tanglble fixed assets
Furniture and
equipment
Motor vehicles
Total
Cost
At l April 2023
Additions
Disposals
30,076
1,971
378,825
210,544
(84,938
408,901
212,515
(84,938
At 31 March 2024
32,047
504,431
536,478
DepTeciation
At l April 2023
Charge for the year
ElimÉnated on disposals
26,701
2,118
255,011
114,702
76,432)
281,712
116,820
(76,432)
At 31 March 2024
28,819
293,281
322,100
Net book value
At 31 March 2024
3,228
211,150
214,378
At 31 Mar¢h 2023
3.375
123,814
127,189
16 Debtors
2024
2023
Trade debtors
Prepa)qnents
VAT recoverable
Other debtors
4,760
11,748
(795)
6,248
21,961
7280
3,373
3,021
13,679
17 Cash and cash equivalents
2024
2023
Cash on hand
Cash at bank
Short-terni deposits
3,097
237,825
122,821
2,397
259,843
48,019
363,743
310.259
Page 24

South Antrim Community Transport
Notes to the Financial Statements lor the Year Ended 31 March 2024
18 Credltors: amounts falllng due within one ye2r
2024
2023
Hire purchase and finance le&ses
Other taxation and social securxty
A¢cruals
18,900
2,898
19,601
18,9(MJ
2,357
15,313
41,399
36,570
19 Creditors: amouDts falling due after one year
2024
2023
Hire purclwe and financ¢ leases
18,750
37,650
20 Obligations under leases and hire purchase contraets
The total value of future minimum lease payments was ￿ follows:
2024
2023
Within Olle year
two to five years
(18.900)
(18,750)
(18,900)
37,650
(37,650)
(56,550)
21 Commitments
Capital commitments
The Company had no capital conllllitments at 31 March 2024 (2023 - £Nil).
The total amowit contracted for but not provided in tbe financial statements was £Nil (2023 - £Nil).
Page 25

South Antrim Community Transport
Notes to the Financial Statements for the Year Ended 31 March 2024
22 Funds
Balance at I
April 2023
Incoming
resources
Resources
expended
Balance at 31
March 2024
Unrestricted funds
General
Unrestricted
246,207
85,813
(36,900)
295,120
Restrieted funds
Depariment of Infr&stwctur¢
Department of Infrastructure .
capital
Assisted Rural Transport Schem
DALS fares
Disability Action
tthery Fund
Communty Wheels
ANBC Grants
Halif￿ Grant
Motability Foundation
113,942
(113,942)
86,100
(43,045)
(27,128}
(6.639)
(7,457)
(ioi,iio)
(10,626)
(815)
(1,000)
(352,599)
43,055
27,128
6,639
7,457
93,633
10,626
1,500
41,966
34,489
635
2,01)0
1,320
1,000
164,949
517,548
Total restricted funds
130,701
778,473
(664,361)
244,813
Totsl funds
376,908
864,286
(701,261
539,933
Page 26

South Antrim Community Transport
Notes to tbe Financial Statements for the Year Ended 31 March 2024
Balanee at I
April 2022
Incomillg
resources
Resources
expended
Balance at 31
March 2023
Unrestricted fund$
GÉneral
Unrestricted
246,546
38268
(38,607)
246,207
Restricted
Dep2riment of Infrastructure
Department of Infrastrnc1llre -
apital
AssAst¢d Rural Transport Scheme
DALS fares
Department of Communities
Disability Action
Lottery Fulld
Community WheeIs
ANBC Grants
Halifax Grant
117,871
(117,871)
129,145
(43,045)
(27,092)
(4,211)
(4,266)
(4,805)
(105,320)
(5,168)
<315)
(1,000)
86,100
27,092
4,211
4,266
4,805
76,382
5,168
950
3,000
70,904
41,966
635
2,000
Totsl restricted funds
200,049
243,745
(313,093)
130,701
Total funds
446,595
282,013
351,700
376,908
The Company purchased a 15 seat¢T electric bus in April 2021. The cost was fi￿lY fimded by the DFI under the
Blue Green tnfi7stsucture fimd. The total cost was £172,190 which included the install&ion of a charging point.
The purchase has been detailed as Departsnent of tnfrastructure capital funiL Th¢ fiJnd will be amortised in full
ov¢r 4 yws.
Page 27

South Antrim Community Transport
Notes to the Financial Statements for the Year Ended 31 March 2024
23 Analysis of net assets between funds
Unrestrieted
funds
General
Total funds at
31 March
2024
Restricted
funds
Tangible fixed assets
Current assets
Current liabilities
Creditors over l year
63,831
282,065
(32,026)
(18,750)
150,547
103,639
(9,373)
214,378
385,704
(41,399)
(18,750)
539,933
Total net assets
295,120
244,813
Unrestrieted
funds
General
Total funds at
31 March
2023
Restricted
funds
Tangible fixed &sets
cu￿ellt assets
Current liabilitÉes
Cr¢ditors over l year
38,463
275,916
(30,522)
(37,650
88,726
48,022
(6,047)
127,189
323,938
(36,569)
(37,650)
376,908
Total net assets
246207
130,701
Page 28