2025-03-31-accounts

COMPANY REGISTRATION NUMBER: NI607182 CHARITY REGISTRATION NUMBER: NIC104914

Easilink Community Transport Company Limited by Guarantee Financial Statements

31 March 2025

SP McCAFFREY & CO Chartered accountants & statutory auditor 50 Campsie Road Omagh Co Tyrone BT79 OAG

Easilink Community Transport

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

	Page
Trustees’ annual report (incorporating the director's report)	1
Independent auditor's report to the members	7
Statement offinancial activities (including income and
expenditure account)	12
Statement offinancial position	13
Statement of cash flows	14
Notes to the financial statements	15
The following pages do notform part ofthe financial statements
Detailedstatementoffinancialactivities	29

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name	Easilink Community Transport
Charity registration number	NIC104914
Company registration number	NI607182
Principal office and registered	Unit 12 Strabane Enterprise Agency
office	Orchard Road Industrial Estate
	Strabane
	Co Tyrone
	BT82 9FR
The trustees
	Mrs MaryT Conway
	Mr Daniel O Hagan
	Mr George Kerr M.B.E.
	Mrs Angela Hamilton
	Ms Jill McCormack
	MrJohn McCay
	Mrs Bronagh Kearney
	Mr John Murray
	Mr David Slater
	Mr David Jackson
Companysecretary	MaryT Conway
Auditor	SP McCaffrey&Co
	Chartered accountants & statutory auditor
	50 Campsie Road
	Omagh
	Co Tyrone
	BT79 0AG
Bankers	Allied Irish Bank
	2-4 East Bridge Street
	Enniskillen
	Co Fermanagh
	BT747BT

1

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continuea)

Year ended 31 March 2025

Structure, governance and management

Governing document

Easilink Community Transport is a company limited by guarantee (Registration Number NI607182). The company is governed by its Memorandum of Articles of Association. In the event of the company being wound up, liability is limited to £1 per member. The company is recognised as a charity by HMRC (ref XR32374) and by the Charities Commission for Northern Ireland (ref NIC104914).

Principal activity

The principal activity of the partnership is the operation of transport and other related services in the rural parts of Derry City, Strabane and Omagh district areas for the benefit of the community without distinction of age, sex, religion or other opinion.

Decision-making

The Board of trustees of Easilink Community Transport are responsible for the overall legal and financial management of the charity. The Board meets once a month. The work of implementing most of their policies is carried out by the Chief Executive, to which the Board has delegated responsibility.

Statement of risks

The main risks to the company are associated with not being adequately funded to continue with its services in a manner which meets the current high demand for accessible, demand responsive, door to door transport. The Charity is reliant on ‘Rural Transport Funding’ that it receives from the Department for Infrastructure. At the beginning of this year, this core funding was under threat in its entirety, due to the political impasse at Stormont and because of budgetary pressures within Dfl. From August 2023 onwards, this core funding was awarded, but was reduced by 5% for the remainder of the year. Due to the reduction in core funding, coupled with significant cost increases, particularly fuel, maintenance and minimum wage obligations, the company will now deliver less passenger trips per year at an increased cost per trip, even though demand for this service has never been greater. A key aim of the organisation's Strategic Development Plan is the development of alternative income streams, so that we we can reduce the reliance on government funding.

The Board of Trustees is responsible for all risks faced by the Charity. Risks are identified, assessed and controls established throughout the year. Through the risk management processes established, the Board is satisfied that all major risks identified have been adequately mitigated, where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

Objectives and activities

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities.

2

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Objectives and activities (continued)

Charity’s aims

Easilink Community Transport aim to provide a transport option to rural dwellers in Omagh, Strabane and Foyle areas who have difficulty or are unable to access public transport.

Achievements and performance

The table below summarises the number of trips carried out by Easilnk for the financial year ended 31 March 2024 (year ended 31 March 2023 is shown for comparison);

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |2025|2024| |Dial-A-Lift|Passenger|Trips|19,708|24,805| |Group|Hire|Passenger|Trips|19,968|33,258| |Disability Action|Passenger|Trips|4,319|1,896| |Rural|Links|to|Health|Passenger|Trips|4,105|4,812| |Motability|Group|Trips|7,432|-| |Motability|Door To|Door|Trips|8,405|-| |Volunteer|trips|(comprised|of above)|14,864|12,424|

----- End of picture text -----

Financial review

Grants

The directors are satisfied that all grants, including the Rural Transport Fund grant, have been used solely for the purposes for which they were intended and in accordance with the terms and conditions of the grants.

Reserves policy

The directors of Easilink Community Transport have set up a reserves policy which requires that reserves be maintained, in unrestricted bank accounts, at a level which ensures that Easilink's organisation core activities, redundancy provision and vehicle replacement could continue during a period of unforeseen difficulty. The directors consider that this figure should be £570,000 and will endeavour to reach this figure in the next few years. The Company's Reserve Policy is reviewed by the directors on an annual basis.

3

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continueg)

Year ended 31 March 2025

Plans for future periods

Strategic Development Plan for 2022/25

In January 2023 Easilink Community Transport developed a new, 5-year Strategic Development Plan which replaced our previous long-term Strategy. The planning process identified the below key priority areas which as an organisation we will focus on over this period:

• Lobbying and Influencing

• Capability and Capacity

• Diversify Our Income Generation Model

• Innovation and Service Development

• Short to Medium Term Sustainability

In January 2025 Easilink Community Transport's Board and Senior Management Team carried out a robust Interim Review of the Strategic Development Plan and developed ai ‘traffic light system’ to monitor progress against the five key objectives above, allowing the opportunity for gaps to be identified and actions revised where necessary.

D1 Driver Training Programmes

During the later stages of this financial year, Easilink Community Transport launched the 'Be Driven’ Driver Training Programme, a new initiative that will support eight community representatives from across the rural District Electoral Areas of Derry City and Strabane District Council to obtain their D1 minibus licences. This is a project supported by PEACEPLUS, a programme managed by the Special EU Programmes Body (SEUPB). The initiative is funded through Derry City and Strabane District Council's PEACEPLUS Local Co-Designed Action Plan. The training programme aims to increase access to vital transport services, enable greater community participation, and contribute to the social and economic wellbeing of local residents, as well as strengthen the capacity of rural organisations by addressing the shortage of qualified minibus drivers and improving access to affordable and inclusive transport.

Motability Partnership Based Project

Easilink Community Transport are delighted to have been successful in a £3.42 million funding bid to Motability through their ‘Community Transport Grant Programme’. The project which will begin in the coming months is a partnership between lead partner, Easilink Community Transport, and a further three Rural Community Transport Partners (CDM Community Transport, Fermanagh Community Transport and North Coast Community Transport). The goal of this 3-year Project is to 'Give disabled people who require access to Community Transport a better quality of life’ and we will achieve this through 4 key delivery strands: delivery of passenger trips to individuals and groups, sourcing, and procurement of twenty-three accessible vehicles, and the setting up of a driver training and employment programme. In May 2024 we held the official launch of The Motability Programme and were delighted to be joined by over 140 members, service users, funders and representatives from key stakeholder organisations.

4

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Plans for future periods (continued)

Risks

The main risks to the company are associated with being adequately funded to continue with its services. we are continuing to experience a significant increase in operating costs, particularly in relation to fuel and wages and we have received no formal indication from our core funders that additional revenue would be available to alleviate these cost pressures. As is demonstrated by the comparative DAL Trip figures above, these cost pressures are having a direct impact on the delivery of passenger trips, resulting in a significant reduction in our passenger trip numbers, an inability to meet the demand in our operational area and potential reputational damage if services cannot be fulfilled to the level which they were previously.

Trustees’ responsibilities statement

The trustees, who are also directors for the purposes of company law, are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and the incoming resources and application of resources, including the income and expenditure, for that period.

In preparing these financial statements, the trustees are required to:

• ° select suitable accounting policies and then apply them consistently;

• e observe the methods and principles in the applicable Charities SORP;

• e make judgments and accounting estimates that are reasonable and prudent.

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

Each of the persons who is a trustee at the date of approval of this report confirms that:

• ° so far as they are aware, there is no relevant audit information of which the charity's auditor is unaware; and

• ° they have taken all steps that they ought to have taken as a trustee to make themselves aware of any relevant audit information and to establish that the charity's auditor is aware of that information.

The auditor is deemed to have been re-appointed in accordance with section 487 of the Companies Act 2006.

5

Easilink Community Transport

Company Limited by Guarantee

Trustees’ Annual Report (Incorporating the Director's Report) (continued) Year ended 31 March 2025

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

The trustees’ annual report was approved on 16 June 2025 and signed on behalf of the board of trustees by:

Mr Daniel O Hagan Trustee onl VY Otero

Mr George Kerr M.B.E. Trustee

6

Easilink Community Transport

Company Limited by Guarantee Independent Auditor's Report to the Members of Easilink Community Transport Year ended 31 March 2025

Opinion

We have audited the financial statements of Easilink Community Transport (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities (including income and expenditure account), statement of financial position, statement of cash flows and the related notes, including a summary of significant accounting policies. 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 (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

• e give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

• ° have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;

• ° have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International 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 section of our report. We are independent of the charity in accordance with the ethical 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 believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern 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 charity's ability to continue as a going concern for a period of at least twelve months from 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.

7

Easilink Community Transport Company Limited by Guarantee

Independent Auditor's Report to the Members of Easilink Community Transport (continued)

Year ended 31 March 2025

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

• e the information given in the trustees' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

• ° the trustees’ report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

• e adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

• e __ the financial statements are not in agreement with the accounting records and returns; or

• e certain disclosures of trustees’ remuneration specified by law are not made; or

• e _ we have not received all the information and explanations we require for our audit; or

• e the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.

8

Easilink Community Transport

Company Limited by Guarantee

Independent Auditor's Report to the Members of Easilink Community Transport (continued)

Year ended 31 March 2025

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors for the purposes of company law) 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 the trustees 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 charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charity or to cease operations, or have 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 financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material 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 to 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:

Extent to which the audit was considered capable of detecting irregularities, including fraud.

We identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, and then design and perform audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion. In identifying and assessing risks of material misstatement in respect irregularities, including fraud and non compliance with laws and regulations, we considered the following: -the ability of management to to to override controls -the nature of the industry and sector, together with the performance of the entity-the use of estimates and judgements in the preparation of financial statements

As a result of the above we have considered the opportunities that may exist within the entity for fraud and identified the greatest potential for fraud to be management override of controls. In common with all audits under ISAs (UK)we are required to perform specific procedures to respond to the risk of management override.

In response to the above potential risks we have responded by: -we review minutes of meetings for reference to any breaches in laws and regulations and past instances of fraud -we discuss risk of fraud at the audit team meeting, including fraud relating to revenue recognition, related parties, and management override and financial statements disclosures - we discuss with management as to how they access, identify and respond to fraud risk within the company.

9

Easilink Community Transport

Company Limited by Guarantee

Independent Auditor's Report to the Members of Easilink Community Transport (continued)

Year ended 31 March 2025

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

• ° Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting 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.

• e Obtain 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 internal control.

• ° Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees.

• e 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 uncertainty exists related to events or conditions that may cast significant doubt on the charity's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor’s 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 to the date of our auditor’s report. However, future events or conditions may cause the charity to cease to continue as a going concern.

• ° Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

10

Easilink Community Transport

Company Limited by Guarantee

Independent Auditor's Report to the Members of Easilink Community Transport (continued)

Year ended 31 March 2025

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 internal control that we identify during our audit.

Use of our report

This report is made solely to the charity'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 charity's members those matters we are required to state to them in an auditor's 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 charity and the charity's members as a body, for our audit work, for this report, or for the opinions we have formed. Le Statutory Auditor)

For and on behalf of SP McCaffrey & Co Chartered accountants & statutory auditor 50 Campsie Road Omagh Co Tyrone BT79 0OAG

16 June 2025

11

Easilink Community Transport

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2025

			2025			2024
				Other
		Unrestricted Dfl Restricted		restricted
		funds	funds	funds	Totalfunds	Total funds
	Note	£	£	£	£	£
Income and endowments
Donations and legacies	5	1,801	374,460	1,486,937	1,863,198	1,298,438
Charitable activities	6	290,490	17,791	13,115	321,396	258,452
Investment income	7	6,875	-	-	6,875	5,542
Total income		299,166	392,251	1,500,052	2,191,469	1,562,432
Expenditure
Expenditure on raising funds:
Costs of raising
donations and legacies		23,042	262,824	1,433,743	1,719,609	1,207,633
Expenditure on charitable
activities		121,867	129,427	66,309	317,603	298,702
Total expenditure		144,909	392,251	1,500,052	2,037,212	1,506,335
Net income and net
movement in funds		154,257	-	-	154,257	56,097
Reconciliation offunds
Total funds brought forward
as previously reported		503,087	(57,390)	-	445,697	446,990
Prior year adjustment: Electric
minibus		(57,390)	57,390	-	-	(57,390)
Total funds brought forward
as restated		445,697	-	-	445,697	389,600
Totalfundscarriedforward		599,954	-	-	599,954	445,697

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 15 to 27 form part of these financial statements.

12

Easilink Community Transport

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2025|2024| |Note|£|£| |Fixed|assets| |Tangible|fixed|assets|12|414,450|518,570| |Current|assets| |Debtors|13|73,662|176,634| |Cash|at|bank|and|in|hand|1,081,293|756,278| |1,154,955|932,912| |Creditors:|amounts|falling|due|within|one|year| |Trade|creditors|47,188|137,140| |Other|creditors|including|taxation|and|social|security|14|603,633|443,511| |650,821|580,651| |Net|current|assets|504,134|352,261| |Total|assets|less|current|liabilities|918,584|870,831| |Creditors:|amounts|falling|due|after more|than|one|year| |Other|creditors|including|taxation|and|social|security|15|-|11,651| |Accruals|and|deferred|income|318,630|413,483| |Net|assets|599,954|445,697| |Funds|of the|charity| |Restricted|funds|-|(57,390)| |Unrestricted|funds|599,954|503,087| |Total|charity funds|599,954|445,697|

----- End of picture text -----

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

These financial statements were approved by the board of trustees and authorised for issue on 16 June 2025, and are signed on behalf of the board by:

----- Start of picture text -----
Mr Daniel O Hagan
Trustee
po
Ves J alagan-
----- End of picture text -----

Mr George Kerr M.B.E. Trustee eon a

The notes on pages 15 to 27 form part of these financial statements.

13

Easilink Community Transport

Company Limited by Guarantee

Statement of Cash Flows

Year ended 31 March 2025

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Cash|flows|from|operating|activities| |Net|income|154,257|56,097| |Adjustments|for:| |Depreciation|of tangible|fixed|assets|104,120|130,655| |Amortisation|of|intangible|assets|-|(120,396)| |Other|interest|receivable|and|similar|income|(6,875)|(5,542)| |Interest|payable|and|similar charges|6,529|6,426| |Changes|in:| |Trade|and|other|debtors|102,972|(119,957)| |Trade|and|other|creditors|(16,485)|894,272| |Cash|generated|from|operations|344,518|841,555| |Interest|paid|(6,529)|(6,426)| |Interest|received|6,875|5,542| |Net|cash|from|operating|activities|344,864|840,671| |Cash|flows|from|investing|activities| |Purchase|of tangible|assets|-|(431,731)| |Net|cash|used|in|investing|activities|-|(431,731)| |Cash|flows|from|financing|activities| |Payments|of finance|lease|liabilities|(19,849)|(20,498)| |Net|cash|used|in|financing|activities|(19,849)|(20,498)| |Net|increase|in|cash|and|cash|equivalents|325,015|388,442| |Cash|and|cash|equivalents|at|beginning|of year|756,278|367,836| |Cash|and|cash|equivalents|at end|of year|1,081 ,293|756,278|

----- End of picture text -----

The notes on pages 15 to 27 form part of these financial statements.

14

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in Northern Ireland and a registered charity in Northern Ireland. The address of the registered office is Unit 12 Strabane Enterprise Agency, Orchard Road Industrial Estate, Strabane, Co Tyrone, BT82 9FR.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

1. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

15

Easilink Community Transport

Company Limited by Guarantee Notes to the Financial Statements (continuea)

Year ended 31 March 2025

1. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• ° income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• e legacy income is recognised when receipt is probable and entitlement is established.

• e income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.

• e income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• e expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.

• e expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• e other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

16

Easilink Community Transport Company Limited by Guarantee Notes to the Financial Statements (continueg)

Year ended 31 March 2025

a

3. Accounting policies (continued)

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Research and development

Research expenditure is written off in the period in which it is incurred.

Development expenditure incurred is capitalised as an intangible asset only when all of the following criteria are met:

• ° It is technically feasible to complete the intangible asset so that it will be available for use or sale;

• e There is the intention to complete the intangible asset and use or sell it;

• e _ There is the ability to use or sell the intangible asset;

• e The use or sale of the intangible asset will generate probable future economic benefits;

• ° There are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and

• e The expenditure attributable to the intangible asset during its development can be measured reliably.

Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

a

17

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continueg)

Year ended 31 March 2025

1. Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 33% reducing balance Motor vehicles - 20% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset.

Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Government grants

Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the charity will comply with the conditions attaching to them and the grants will be received.

Where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.

18

Easilink Community Transport

Company Limited by Guarantee Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomesa party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

19

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Defined contribution plans (continued)

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

Easilink Community Transport is a company Limited By Guarantee and accordingly does not have a share capital.

Every director of the company undertakes to contribute such an amountas may be required, not exceeding £1, to the assets of the charitable company in the event of it being wound up while he or she is a member, or within one year after he or she ceases to be a member.

5. Donations and legacies

				Other
	Unrestricted	Dfl	Restricted	Restricted	Total	Funds
	Funds		Funds	Funds		2025
	£		£	£		£
Donations
Donations	1,801		-	-		1,801

20

Easilink Community Transport

Company Limited by Guarantee Notes to the Financial Statements (continued)

Year ended 31 March 2025

5. Donations and legacies (continued)

			Other
	Unrestricted Dfl Restricted		Restricted	Total Funds
	Funds	Funds	Funds	2025
	£	£	£	£
Grants
Assisted Rural TransportScheme	—	65,507	-	65,507
DisabilityAction Transport Scheme
Grant	-	~	83,927	83,927
Dept for Infrastructure: Rural Transport
Fund Grant	-	308,953	-	308,953
The National Lottery: Dormant Assets
Fund	-	-	31,808	31,808
Derry City& Strabane District Council:
Community Support Fund	-	-	3,869	3,869
Motability Foundation Funding -
Partnership	-	-	1,124,180	1,124,180
Derry City& Strabane District Council:
Volunteer CarScheme	-	-	800	800
National LotteryCommunity Fund:
Rural Links to Health and Well-being	-	-	74,488	74,488
Fermanagh &Omagh District Council
Grant	-	-	-	-
Derry City& Strabane District Council:
Department for Communities Hardship
Fund	-	_	4,520	4,520
Motability Foundation Funding -
Easilink	-	-	163,345	163,345
	1,801	374,460	1,486,937	1,863,198
			Other
	Unrestricted Dfl Restricted		Restricted	Total Funds
	Funds	Funds	Funds	2024
	£	£	£	£
Donations
Donations	320	-	-	320

21

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continueg)

Year ended 31 March 2025

5. Donations and legacies (continued)

			Other
	Unrestricted Dfl Restricted		Restricted	Total Funds
	Funds	Funds	Funds	2024
	£	£	£	£
Grants
Assisted Rural Transport Scheme	-	74,381	-	74,381
DisabilityAction Transport Scheme
Grant	-	-	82,842	82,842
Dept for Infrastructure: Rural Transport
Fund Grant	-	296,499	-	296,499
The National Lottery: Dormant Assets
Fund	_	-	-	-
Derry City& Strabane District Council:
Community Support Fund	—	-	-	—
Motability Foundation Funding -
Partnership	-	-	727,506	727,506
Derry City& Strabane District Council:
Volunteer Car Scheme	-	-	3,200	3,200
National Lottery Community Fund:
Rural Links to Health and Well-being	-	-	103,690	103,690
Fermanagh & Omagh District Council
Grant	-	-	10,000	10,000
Derry City& Strabane District Council:
Department for Communities Hardship
Fund	—	-	-	_
Motability Foundation Funding -
Easilink	-	-	-	—-
	320	370,880	927,238	1,298,438

22

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

6. Charitable activities

				Other
		Unrestricted	Dfl Restricted	Restricted	Total Funds
		Funds	Funds	Funds	2025
		£	£	£	£
	Minibus group hire	129,349	-	-	129,349
	DisabilityAction Transport Scheme
	Fare Income	-	—	13,115	13,115
	Dial-A-Lift Fare Income	-	17,791	-	17,791
	Membership fees	10,456	-	-	10,456
	Management fees and contributions to
	overheads	44,881	-	-	44,881
	Rural Links to Health and Well-being
	Income	44,831	-	-	44,831
	Training and seminars	-	-	-	-
	Motabilityfare income	42,249	-	-	42,249
	Proceeds from sale of minibuses	15,500	-	-	15,500
	Summer trips	3,224	-	-	3,224
		290,490	17,791	13,115	321,396
				Other
		Unrestricted	Dfl Restricted	Restricted	Total Funds
		Funds	Funds	Funds	2024
		£	£	£	£
	Minibus group hire	119,284	-	-	119,284
	DisabilityAction TransportScheme
	Fare Income	-	—	5,128	5,128
	Dial-A-Lift Fare Income	—	26,372	-	26,372
	Membership fees	-	6,992	-	6,992
	Management fees and contributions to
	overheads	28,279	—	-	28,279
	Rural Links to Health and Well-being
	Income	38,447	-	-	38,447
	Training and seminars	450	-	-	450
	Motabilityfare income	~	-	-	-
	Proceeds from sale of minibuses	33,500	-	-	33,500
	Summer trips	=	-	-	-
		219,960	33,364	5,128	258,452
7.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Bankinterestreceivable	6,875	6,875	5,542	5,542

23

Easilink Community Transport

Company Limited by Guarantee Notes to the Financial Statements (continued)

Year ended 31 March 2025

8. Auditors remuneration

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |2025|2024| |£|£| |Fees|payable|for|the|audit|of the|financial|statements|1,500|1,500|

----- End of picture text -----

9. Staff costs

----- Start of picture text -----
||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---| |The|total|staff costs|and|employee|benefits|for|the|reporting|period|are|analysed|as|follows:| |2025|2024| |£|£| |Wages|and|salaries|489,407|420,295| |Employer|contributions|to|pension|plans|15,542|15,975| |504,949|436,270|

----- End of picture text -----

The average head count of employees during the year was 25 (2024: 21). The average number of full-time equivalent employees during the year is analysed as follows:

----- Start of picture text -----
|||| |---|---|---| |2025|2024| |No.|No.| |Management|1|1| |Administration|9|7| |Drivers|15|13| |25|21|

----- End of picture text -----

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

10. Trustee remuneration and expenses

David Jackson, a trustee of the charity, was employed with the charity up to the end of April 2024. Mr Jackson was paid £2,561. Since leaving the charity's employment Mr Jackson will occasionally facilitate training to the charity. During the year he was paid £1,050 for his services.

No remuneration or other benefits from employment with the charity or a related entity were received by any of the other trustees.

24

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continueg)

Year ended 31 March 2025

11. Intangible assets

	Website
	£
Cost
At 1 April 2024 and 31 March 2025	2,100
Amortisation
At 1 April 2024and 31 March 2025	2,100
Carrying amount
At 31 March 2025	-
At31March2024	-

12. Tangible fixed assets

		Fixtures and	Motor
		fittings	vehicles	Total
		£	£	£
	Cost
	At1 April 2024 Disposals	67,260 -	801,458 (80,000)	868,718 (80,000)
	At 31 March 2025	67,260	721,458	788,718
	Depreciation
	At 1 April 2024	65,913	284,235	350,148
	Charge forthe year	675	103,445	104,120
	Disposals	-	(80,000)	(80,000)
	At 31 March 2025	66,588	307,680	374,268
	Carrying amount At 31 March 2025	672	413,778	414,450
	At 31 March 2024	1,347	517,223	518,570
13.	Debtors
			2025	2024
			£	£
	Trade debtors		40,256	156,057
	Other debtors (see below)		33,406	20,577
			73,662	176,634

25

Easilink Community Transport

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

13.	Debtors (continued)
		2025	2024
		£	£
	Other debtors
	Assisted Rural Transport Scheme Due	11,386	14,250
	VAT liability	22,020	6,327
		33,406	20,577
14.	Other creditors including taxation and social security falling
	due within one year
		2025	2024
		£	£
	Social securityand other taxes	6,411	4,237
	Obligations underfinance leases	11,651	19,849
	National LotteryCommunity Fund Grant not spent	12,778	59,385
	Motability Foundation Grant not spent	564,469	339,974
	The National LotteryDormant Assets Fund Grant NotSpent	8,324	20,066
		603,633	443,511
15.	Other creditors including taxation and social security falling
	due after more than one year
		2025	2024
		£	£
	Obligations underfinance leases	-	11,651
16.	Finance leases and hire purchase contracts
	The total future minimum lease payments under finance leases and	hire purchase	contracts are
	as follows:
		2025	2024
		£	£
	Not later than 1 year	11,651	19,849
	Later than 1 year and not later than 5 years	-	11,651
		11,651	31,500
17.	Deferred income
		2025	2024
		£	£
	At 1 April 2024	413,483	102,148
	Amount released to income	-	431,731
	Amount deferred in year	(94,853)	(120,396)
	At31March2025	318,630	413,483

26

Easilink Community Transport

Company Limited by Guarantee Notes to the Financial Statements (continueq)

Year ended 31 March 2025

17. Deferred income (continued)

Deferred Income received during the year was:

		2025	2024
		£	£
	Motability Foundation Grant for minibuses	-	(431,731)
18.	Government grants
	The amounts recognised in the financial statements for government grants are as follows:
		2025	2024
		£	£
	Recognised in accruals and deferred income:
	Deferredgovernmentgrantsdueaftermorethanoneyear	318,630	(18,248)

19. Analysis of changes in net debt

				At
		At1Apr2024	Cash flows	31 Mar2025
		£	£	£
Cash	at bank and in hand	756,278	325,015	4,081,293
Debtdue	due within one year	(19,849)	8,198	(11,651)
Debt	due afterone year	(11,651)	11,651	-
		724,778	344,864	1,069,642

20. Related parties

Easilink Enterprises Ltd is a related party. The directors of Easilink Enterprises Limited are Daniel O Hagan, Angela Hamilton and George Kerr. They are also directors Easilink Community Transport.

During the year Easilink Enterprises Ltd provided training to Easilnk Community Transport. The amount paid for this service was £4,746. At 31 March 2025 there were no monies owing between Easilink Enterprises Limited and Easilink Community Transport.

27

Easilink Community Transport

Company Limited by Guarantee

Management Information

Year ended 31 March 2025

The following pages do not form part of the financial statements.

28

Easilink Community Transport

Company Limited by Guarantee

Detailed Statement of Financial Activities

Year ended 31 March 2025

	2025	2024
	£	£
Income and endowments
Donations and legacies
Donations Assisted Rural Transport Scheme	1,801 65,507	320 74,381
Disability Action TransportScheme Grant	83,927	82,842
Dept for infrastructure: Rural Transport Fund Grant	308,953	296,499
The National Lottery: Dormant Assets Fund	31,808	-
Derry City& Strabane District Council: CommunitySupport Fund	3,869	-
Motability Foundation Funding - Partnership	1,124,180	727,506
Derry City& Strabane District Council: Volunteer CarScheme	800	3,200
National LotteryCommunity Fund: Rural Links to Health and Well-being	74,488	103,690
Fermanagh &Omagh District Council Grant	-	10,000
Derry City& Strabane District Council: Department for Communities
Hardship Fund	4,520	-
Motability Foundation Funding - Easilink	163,345	-
	1,863,198	1,298,438
Charitable activities
Minibus group hire	129,349	119,284
DisabilityAction TransportScheme Fare Income	13,115	5,128
Dial-A-Lift Fare Income	17,791	26,372
Membership fees	10,456	6,992
Management fees and contributions tooverheads	44,881	28,279
Rural Links to Health and Well-being Income	44,831	38,447
Training and seminars	-	450
Motabilityfare income	42,249	-
Proceeds from sale of minibuses	15,500	33,500
Summer trips	3,224	-
	321,396	258,452
Investment income
Bank interest receivable	6,875	5,542
Totalincome	2,191,469	1,562,432

29

Easilink Community Transport

Company Limited by Guarantee

Detailed Statement of Financial Activities (continued)

Year ended 31 March 2025

a

	2025	2024
	£	£
Expenditure
Costs of raising donations and legacies Driverswages Volunteer expenses	284,854 139,656	229,263 113,704
Taxis Fuel and vehicle expenses Motability Foundation project costs	- 139,111 1,124,180	275 136,885 727,506
The National LotteryDormantAssets Fund project costs	31,808	-
	1,719,609	1,207,633
Expenditure on charitable activities Wages and salaries Pension costs	204,891 15,542	173,014 15,975
Office equipment leasing costs Rent Rates &water	766 11,373 136	1,243 14,712 130
Light& heat Repairs & maintenance Insurance	2,840 1,091 3,579	6,606 1,157 4,641
Stationeryand postage Computer software costss Scheduling software licencefee Travel and accomodation expenses	2,634 5,935 13,173 1,791	2,618 3,921 9,424 4,962
Promotion and advertising Auditfees	6,860 2,062	4,877 1,850
Legal and other professional fees Rural Links overhead costs	2,042 8,000	833 16,000
Costs oftrustees' meetings Telephone Training and conference fees Amortisation Depreciation Bankfees and interest	4,527 8,412 2,196 (94,853) 104,120 3,050	2,435 6,341 3,379 (120,396) 130,655 2,135
Leasing and hire-purchase interest Human resources consultancy fees	3,479 722	4,291 2,160
Membershipfees Uniforms Recruitment costs	820 1,426 292	565 1,517 413
Sundries	697	1,444
Consultancyfees	-	1,800
	317,603	298,702
Total expenditure	2,037,212	1,506,335
Netincome	154,257	56,097

De

30