'IJL 2025 Company registration number N1036635 (Northern Ireland) Reglstered Charlty No. NIC105666 MID ULSTER COMMUNITY SERVICES LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Oavid lyttl8.co l R•*i••4
MID ULSTER COMMUNITY SERVICES LIMITED COMPANY INFORMATION Dlrectors C Brennan E Johnson M McErfean K McGlone B Oliphant H Suiter J Martin CBE Mary Hogg M Mccartney (Appointed 17 June 2025) (Appointed 25 March 2025) Secretary K McGlone Company number N1036635 Reglstered oiTice Unit 15 Station Road Irmlustrial Estste Magherafem BT45 SEY Audltor David Lyttle + Co Lld 15 Meeting Street Magherafelt Londondery BT45 68N Bankers Danske Bank 14 Broad Street Magherafelt Co Londonderry BT45 6EF Solicitors PADufy&Co 27 - 29 Broad Street Magherafiet
MID ULSTER COMMUNITY SERVICES LIMITED CONTENTS Pago Directors. report Directors, responsibilities ststement Independent auditorfs report Statement of financial activities Balance sheet Statement of changes in equty 10 Notes to the financial ststements The following pages do not forni part of the statutory financial statements Detailed statement of financial acliwties 16-18
MID ULSTER COMMUNITY SERVICES LIMITED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The directors present their annual report and financial statements for the year erKled 31 March 2025. Structure. governance and management Mid Ulster Community servIs TIA (Xjt & About Community Transport -out and About. was first established In 1999 as a Company Limited by Guarantee No. Nl 36635 govemed by its Memorandum and Artides of Assoaation under Companies (Northern Ireland) Order 1986 on 26th July 1999. The organisation is a company limited by guarantee and does not have share capital. The company is a registered charity with Ihe Nl Charities Commission from the 15 Decefflber 2015 (charity number: NIC 105666). The company was established under a Memorandum and Artides ofAssociation, which estsblished the objects and powers of the charitable company. and is governed under its Artides ofAssociation. Mid Ulster Community Services Ltd has a cross-community focus and is managed by the trustees (directors for company law purposes) who are elected annually. The appointment of trustees is in accordance with the charity's Articles of Association. whereby each member will be entitled to nominate one person only in writing not less than seven days before dale of the Annual General Mèeting. Dlrectors The direclors who held office during the year and up to the date of signature of the financial statements were as follows: F Wood C Brennan E Johnson M McErtean K McGlone B Oliphanl H Suiter J Martin CBE Mary Hogg M Mccartney (Resigned 29 April 2025) (Appointed 17 June 2025} (Appointed 25 March 2025)
MID ULSTER COMMUNITY SERVICES LIMITED DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Objectlves and actlvltles In 8nsuring Ihal the a1vIll8S of Out and AboLrt proNllde a public benefiL all our activities are related lo one or more of the following char5table objects: 1. To provide relief to the inhabitants of Norlhem Ireland so that people who are disadvantag8d because of age, mental or physical disability. sickness, povety. financial hardship or rural isolation have access to affordable transport provided by the local communty wherè thore is a lack of conventional public or private transport or where such transport is unsuited lo the particular needs of the above benefficiaries by.. a) providing and maintsining non-profft community transport services., and b) assisting other community organisations engage(J in lookbng after the needs of beneficiaries such as those listed above can also benefit by accessing the services and vehiCS controlled by Mid Ulster Community SeNices. Achlevements and perfomiance During the reporting period the organisation carried out its operations under the followng categories: 1. Dial a Lift (DAL) 2. Out of Area Transport 3. Group Hire 4. Training Flnanclal Review The results for the year are set out on page 8. These and the financial position at the year eNI were considered satisfactory by the directors. Funding was received (Juring the year to continue the Whools to Health project. This is a 5 year project funded by the Lottery, which started in July 2023. Funding also continued in the year for the Motability project. This is a 3 year project vthich again stsrted in July 2023. Funding is received up front for the annual delivery of th8 project. The projects run from July 2024 to June 2025 and the balance of funds received in this finanaal year will be spent in April. May and June 2025. The directors will conduct annual revie¥NE of the appropriate level of unrestricted reserves. The PUTwse of this reserve is to provide 51ability for the charity to ensure that it is able to honour existing contractual obligations, to upgrade existing capital equipment, to cover unforeseen events beyond the companYs control and to enable it to continue its operations in the unlikety event of a signrficant fluctuation in expenditure or income. The board has an ongoing programme of capital replacement due to high maintenance and running costs. The committee aim to build reserves to at least 3 months of annual expenditure, to meet ffinanaal commitments. This may be achieved by increasing eamed income or reducing expenditure. The present level of reserves available the charity is £271,932 and this is considered satisfactory. The committee have also decided to designate funds for capital expenditu, as its fleet ages and needs to be replaced. Auditor Davld Lyttle + Co Ltd were appointed as auditor lo the company and in accordan seCtn 485 of the Companies Act 2006, a resolution proposing that they be re-appointed will be put at a General Meeting. Statemenl of dlsclosurè to audltor So far as each person who was a director at the date of appromng this report is aware. there is no relevant audll information of which the company's auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the cornpanrfs auditor is aware of that information.
MID ULSTER COMMUNITY SERVICES LIMITED DIRECTORS. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 On behalf of the board E John Director 27 June 2025
MID ULSTER COMMUNITY SERVICES LIMITED DIRECTORS, RESPONSIBILITIES STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 The directors a responsible for prepariro the annual report and the financial statements in accordance with applicable and regulations. Company law requires the directors to prepare finanaal statements for each financial year. Under that law the directors have elected lo prepare the financial statements in accordance wth United Kingdom Generally Accepted Accounting Practice (Unrted Kingdom A¢untIng Standards and applicable lawl. Under company law, the directors must not approve the financial statements unless théy are satisfied that they give a true and fair view of the state of affairs of the c£)mpany and of the surplus or deficit of the )MpanY for that period. In preparing these financial statements, the directors are required to.. select suilable accounting pollcies and then apY them consistently; make judgements and accounting estimates that are reasonable and prudent" and prepare the financial statements on the going conc8m basis unless it is inappropriate to prèsume that the company wll continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
MID ULSTER COMMUNITY SERVICES LIMITED INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MID ULSTER COMMUNITY SERVICES LIMITED Oplnlon We have audited the financial statements of Mid Ulster Community Services Limited (the 'company'l for the year ended 31 Marth 2025 which comprise the statement of finanoal activities. the balance sheet. the statement of changes in equity and notss to the financial statements. induding significant accounting policies. The financial reporting fram8work Ihat has been applied in Iheir preparation is applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102 The Financial Ren9 St8nd8nl applicable in the UK and Republic of Iland (United Kingdom Generally Accepted Accounting Prdctice). In Our opinion the financial statements: give a true and fair view of the state of the companvs affairs as at 31 March 2025 and of its surplus for the year then ended. have been properly prepared in acKordance with United Kingdom Generally Accepted Accounting Praclice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basi5 ft>r opinion We conducted our audit in accordan with International Standards on Auditing (UK) (ISAS IUKI) and applicable law. Our responsibilities under those standards are further described in the Auditorfs responsibilities for the audit of the financial staten7ents section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, indudin9 the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audr( evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertatnty related to going concern We draw attention to Note 1.2 in the financial ststemenls, which indicates that the company has not achieved its core funding for the next financial year. As staled in Note 1.2. these evenls or conditions. along with other matters as set forth in Note 1.2, indicat& that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concem. Our opinion is not modtfied in resp8Ct of this matter. In auditing the financial statements. we have concluded that the directors. use of the going conrn basis of accounting in the preparation of the financial ststements is appropriate. Our spOnSibl11t1es and the responsibilities of the directors with respect to going concem are described in Ihe relevant sections of this report. Other infomiation The other information comprises the information included in the annual report other than the financial stalemenls and our auditoffs report thereon. The directors are sponsIble for the other infomation contained wilhin the annual report. Our opinion on the financial statements does not cover the other information and, excepi io the extent othetwise expliciuy stated in our reporL we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and. in doing so. consider whether the olher infomation is materially inconsistent with the financial ststements or our knowledge obtsined in the course of Ihe audit. or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required lo determine whether this gives rise to a material misslatement in the financial statements themselves. If, based on the work we have performed. we o)nclude that there is a material misstalement of this other infomation. we are required to report that fact. We have nothing to report in this regard. Opinions on othor matters prescribed by the Companies Act 2006 In our opinion. based on the work undertaken in the course of our audit.. the infomiation given in the directors. report for the financial year for which the financial statements are prepared is consistent with the finanaal statements.. and the directors. report has been prepared in accordance with applicable legal requirements.
MID ULSTER COMMUNITY SERVICES LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF MID ULSTER COMMUNITY SERVICES LIMITED Matters on whlch we are required to report by exception In the light of the knoedge and understanding of the company and its environment obtained in the course of the audit. we have not identified material misstatements in the directors. report. We have nothing to report in respect of the following matters in relation to which the Companies Acl 2006 requires us to report to you if, in our opinion- adequate accounting records have not been kept, or retums adequate for our audit have not been received from branches not visited by us: or the financial statements are not in agreement with the accounting records and retums.. or certain disclosures of diredors. remuneration specified by law are not made; or we have not received all thè infomialion and explanations we require for our audit: or the directors were rKJt entitled to prepare the financial statements in accordance with the small wmpanies regime and take advantage of the small o)mpanies' exemption in preparing the directors. report and from the requirement to Ppare a strategic report. Responsibllitios of directors As explained more fully in the directors. responsibilities ststement, the directors are responsible for the preparation of the financial statements and for being satisfied thal Ihey give a true and fair view. and for suth intemal control as the directors deterniine is necessary to enable the preparation of financial statements that are fre8 from material misstatement. whether due to fraud or error. In preparing Ihe financial statements, the directors are responsible for assessing the company's ability to o7ntinue as a going concem. disclosing, as applicable, matters related to going concern and using th8 going concem basis of accounting unless the directors either intend to IiquKlate the company or to ceas8 operations, or have no realistic altemative but to do so. Audltorfs responslbllltles for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether the financial glatements as a whole are free from material misstatement. whether due to fraud or error. and to issue an auditoffs 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 deted a rnalerial misstatement when it exists. Misststements can arise from fraud or error and are considered material rf, indiwdually or in the aggregate, they ci)uld r8asonably be expected to influence the economic deCIonS of users taken on the basis of these financial statements. A further description of our responsibilibes is available on the Financial Reporhng Council's website at: https:11 www.frc.org.uklauditorsresponsibilities. This description fom)s part of our avditols report. Use of our report This report is made solely to the companvs members. as a body. in accordance wtth Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale to the companls members those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent pemitted by law, we do not accept assume responsibility to anyone other than the company and the company's members as a body. for our audit work. for this report, or for the opinions we have fomied. We are also asked to confim Ihat the grant provided by the DFI has been used solely for the purwses intended and in accordance with thè terrns and conditions of the grant and can nfim) this to be the case. Use of our rèport This report is made solety to the companls members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken $0 that we might state to the companys members those matters we are required to stale to them in an auditorf5 report and for no other purpose. To the fullest extent permitted by law, we do nol accept or assume SpOnsIbl11ty to anyone other than the company and the company's members as a body, for our audit work, for this report. or for the opinions we have formed.
MID ULSTER COMMUNITY SERVICES LIMITED INDEP NDENT AUDITOR'S REPORT (CONTINUED) MEMBE OF MID ULSTER COMMUNITY SERVICES LIMITED Geag Senior Statutory Audltor For and on bohalf of David Lyttle + Co Ltd 27 June 2025 Chartered Accountants Statutory Auditor 15 Meeting Street Magherafelt Londondery BT45 6BN
MID ULSTER COMMUNITY SERVICES LIMITED STATEMENT OF FINANCIALACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestricted Restrlcted Restricted funds funds funds 2025 Total 2024 Total Incomlng resources Incoming resources from generated funds 1,280 1,280 656 Incoming resources from charitable adivities 82,964 233,244 179,227 495,435 641.888 Transferred to capital grant 1.333 1,333 (213.922) Total Incomlng resources 84.244 233,244 180,560 498,048 428,622 Resources expended Charitable adivities Governan costs 46,004 1,791 216.314 16.101 141,543 403,861 17,950 298,050 15,509 Total rosources expended 47,795 232.415 141.601 421.811 313,559 Exceptlonal items: ProfiU(loss) on sale of tangible assets 23,167 23,167 15.000 Net Incomlngl{outgoing) resources 59.616 829 38,959 99.404 130.063 Transferred (to)fftom designated ¢apiial reserve {59.616) (59,616) {67,548) Net movement in funds 829 38,959 39,788 62,515 Total funds brought forward at 1 April 2024 271,935 62,515 334,450 271,935 Total funds carried forward at 31 March 2025 271.935 829 101,474 374.238 334,450 The statement of financial activities has been prepared on the basis that all operations are continuing operations. There are no recognised gains and losses other than those passing through the statement of financial actrvities.
MID ULSTER COMMUNITY SERVICES LIMITED BALANCE SHEET ASAT31 PAARCH 2025 2025 2024 Notes Fixed assets Tangible assets 370.870 233,572 Current assets Debtors Cash at bank and in hand 26,193 304.895 55.767 348,169 331.088 403,936 Creditors: amounts falllng due wfthin one year {32.768) (32,036) Net current assets 298.320 371,900 Total assets less current Ilabllltles 669,190 605,472 Creditors: amounts falllng due after more than one year {167,788) (203.474) Net assets 501,402 401,998 Reserves Unrestricted General funds Designated funds 271,935 127,164 271,935 67,548 Restricted fiJrKIs 102,303 62,515 Members, funds 501,402 401,998 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small mpanIeS regime. Th8 financial statements were approved by the board of dir8ctors and authoris8d for issue on 27 June 2025 and ar8 signed on its behalf by: E John Director on Company Registration No. N1036635
MID ULSTER COMMUNITY SERVICES LIMITED STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2025 Income and expendlture Balance at 1 Aprll 2023 271.935 Year ended 31 March 2024: Surplus and total comprehensive irwme Balance at 31 March 2024 271.935 Year ended 31 March 2025: Surplus and total COmphen$1ve income Balance at 31 March 2025 271,935 10-
MID ULSTER COMMUNITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles Company infom)ation Mid U15t8r Community Services Limited is a private company limited by guarantee incorporated in Northem Ireland. The registered office is Unit 15, Station Road Industrial Estate, Magherafelt, BT45 5EY. 1.1 Accounllng convenllon The financial statements have been prepared in accordance Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 effective 1 January 20151- (Charities SORP {FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Mid Ulsler Communty Services Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost and transaction value unless othewse staled in the relevant accounlancy policy note{s). The financial statements are prepared on a going concem basis. 12 Going Concom The company meets its day to day running costs via a revenue grant from the Department of Infrastructure. This granl is nomally made for a 12 month perii)d and guarantees funding for that period. Ai ihe date of approving the accounts. the company have only received a letter of offer from the Department for funding to 30 June 2025. There has been no letter of offer of funding from the Department regarding the rest of the next financial year. This creates a material uncertainty over the ability of the (MpanY to continue as a going concern. The Trustees are in conslant contact wth the Department and have no reason to believe that funding will not be achieved. In the interim the Trustees have sought new sources of funding and started a process of cost reductions to ensure that the company can conb'nue as a going concem. At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate reSoUrS to continue in operational existence for the foreseeable futur8. Thus the directors conlinue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Fund accountlng Unrestrided funds are available for use at the discretion of the directors in furtheran of the general objectives of the charity. In addition to expendf(ure on transport provision. such funds may be held in order to finance capital investment and working capital. Designated funds relate to funds set aside for a specific purpose, in this case future capitsl investrnenL Restricted funds are subjected to restrictions on their expendiiure imposed by the provider of the fvnds. Endowment funds which comprise of unrestricted funds Ihat have been set aside by the Directors for particular pUoses. The aim and usa of each designated fund is set out in the notes to the financial statements. 1.4 Tanglble flxed assets Tangible fixed assels are initially measured at cost and subsequenuy measured at cost or valuation, net of depreciation and any impairment losses. 11
MID ULSTER COMMUNITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Depreaation is recognised so as to wrtle off the cost or valuation of assets less their residual values over their useful lives on the following bases: Plant and équipment Fixtures and fittings equipment Motor vehides 20Yo Reducing Balance 20Yo Straight Line 20% Straight Line 20% strah1 Line 1.5 Cash and cash equlvalents Cash and cash 8quivalents are basic financial assets and include cash in hand, deposits held at Call wtth banks, other short-tern liquid investrnents with original maturities of three months or 18ss. and bank overdrafts. Bank overdrafts are shovm within borrowings in current Ilabilities. 1.6 Flnanclal Instruments The company has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the companls balance sheet wthen the company becomes party to the contractual provisions of the instrum8nL Financial assets and liabiltlies are offset, wf(h the net amounts presented in the financial ststemenls. when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the assel and settle the liability simultaneously. Baslc flnancial assets Basic finaneial assets. which indude debtors and cash and bank balances. are initially measured al transaction price induding transaction costs and are subsequently carried at amortised cost using the effective interest method unless Ihe arrangement constitutes a financing transaclion, where the transaction is measured at the present value of the future receipts discounted at a markel rate of inte$1. Financial assets dassified as receivable within one year are not amorlised. Classffl¢atlon of flnancial liabilities Financial liabilities and equity instruments are dassified accordlng to the substance of the contractual arrangem6nts entered into. An equty instrument is any contract that evidences a residual interest in the assets of the eA)mpany after deducting all of its liabililres. Baslc flnonclal Ilabllltles Basic financial liabilities, indudirwJ creditors, bank loans. loans from fellow group companies and preference shares that are dassified as debt. are initially recognised at transaction price unless the arrangemenl nstitutes a financing transaction. where Ihe debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortlsed cosL using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If noL they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost u&ng the effeclive interest method. Changes in the fair value of derivatives that are designated and qualtfy as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liabilty that are attributable to the hedged risk. 12-
MID ULSTER COMMUNITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng policies (Contlnued) 1.7 Employee benefits The costs of short-term employee benefits are recognised as a Ilability and an expense, unless those costs are required to be recognised as part of the cost of stod( or fixed assets. The cost of any unused holiday entitlement is recognised in the perth in which the employee's services are received. Temiination benefits are recognised immediatety as an expense when the company is demonstrably committed to 18rninate the employment of an employee or to provide temiination benefits. 1.8 Retirement benefits Payments to defined contribution relirement benefit schemes are charged as an expénse as they fall due. 1.9 Leases Leases ar8 classified as finance leases whenever the terms of the lease transfer subslantially all th8 risks and rewards of ownership to the lessees. All other leases are classffied as operating leases. Assets h81d under finance leases are recognised as assets at the lower of the assets fair value at the date of InptIOn and the present value of the minimum lease payments. The related liability is inctuded in the balance sheet as a finance lease obligation. Lease payments are treated as consisling of capilal and interest elements. The interest is charged to profrt or loss so as to produce a constant periodic rate of interest on the remaining balance of the liabilty. 1.10 Government grants Govemment grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that spectfies perfOanCe conditions is recTr3nised in income when the performance conditions are met. Where a granl does not speufy Performan conditions it is recognised in income when the prOe$ are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a Employees The average monthly number of r$on$ (induding directors} employed by the company during the year was: 2025 Number 2024 Number Tcrtal Their aggregate remuneration comprised: 2025 2024 Wages and salaries Social security costs Penslon costs 244,444 17.768 7,485 195,204 11,613 6,375 269,697 213,192 13-
MID ULSTER COMMUNITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Interest recelvable and similar ineome 2025 2024 Interest Income Interest on bank deposit$ 1.280 656 2025 2024 Investment income indudes the following: Interest on financial assets not measured at fair value through surplus or deficit 1.280 656 Tangiblo fixod a$Mts Plant and Flxtures and equlpment ffttin95 Motor vehicles Totsl equlpment Cost At 1 April 2024 Additions Disposals 11.546 15.675 11,042 3,650 385,655 423,918 227,364 231,014 {124.473) {124.473) At 31 March 2025 11.546 15.675 14.6g2 488,546 530,459 Depreciation and impainnent At 1 April 2024 Depreaation charged in the year Eliminated in respect of disposals 6.377 1.034 10.535 2.358 9,293 916 164.141 64,075 (99,140) 190.346 68,383 (99,140) At 31 March 2025 7.411 12,893 10,209 129,076 159,589 Carrying amount At 31 March 2025 4.135 2,782 4,483 359,470 370,870 At 31 March 2024 5.169 5.140 1.749 221,514 233,572 Debtors 2025 2024 Amounts falllng due wlthln one year. Trade debtors Other debtors Prepayments and accrued income 4.203 16,756 5.236 3.698 47,772 4,297 26,195 55,767 14-
MID ULSTER COMMUNITY SERVICES LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Credltors: amounts falllng due wlthln one year 2025 2024 Trade creditor5 Taxation and sttial security Other creditors Accruals and deferred income 7,109 2,302 21,365 1,260 2.047 762 29,954 32.768 32,036 Retlrement benefft schemes 2025 2024 Defined contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 7.485 6,375 The company operates a defined contribution pension scheme for all qualifying employees. The ass8ts of the scheme are held separately from tt)ose of the company in an independently administered fund. Croditors: amounts falling due after more than one yr 2025 2024 Notes Govemment grants 167,788 203,474 Charitable status Mid Ulster Community Services Lld is a company limited by guarantee which has charitable status. The Company is registered with the Nl Chartty Commission under registered charity number NIC 105666. 10 Related party transactions No directors, reIved any remuneration during the year. One dir8Ctor received travel expenses amounting to £528 (2024: £258). 15-
MID ULSTER COMMUNITY SERVICES LIMITED MANAGEMENT INFORMATION FOR THEYEAR ENDED 31 MARCH 2025
MID ULSTER COMMUNITY SERVICES LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unreslrictsd Restricted Restrictsd Funds Funds Funds Total 2025 Total 2024 Incoming resources Investment Income Bank interest 1,280 1280 656 Total incoming rnsources from generatsd funds 1,280 1,280 656 Incomlng resources from charitable a¢tivities Income from Membershiplmini Bus Hire Assisted Rural Travel Scheme Dial a Lift Fare Income Income from Training Income from Meals wÈlhin Wheds Donations Mid Ulster District Council Rural Transport Funding Lottery Funding Motability Funding Halifax Foundation Nl 81.186 81,186 54.766 32,118 773 65.460 56,956 30.674 1,243 54.766 32.118 773 1.005 1,005 2,500 146.360 68,467 104.260 4.000 13 2,500 140,533 118,678 225,831 146.360 68.467 104.260 4.000 Total incoming resources from charitabl• actlvltles 82.964 233,244 179,227 495,435 641,888 Transferred to capital granl 1.333 1.333 {213.922> Total Incomlng resources 84,244 233,244 180,560 498,048 428,622 16-
MID ULSTER COMMUNITY SERVICES LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 MARGH 2025 DFI Other Unrestricted Re$trlcled Restricted Funds Funds Funds Total 2025 Total 2024 Resources expended Charftable xtivities Dlrect costs Wages and salartes Social security costs Staff training Staff pension costs Light and heal Insurance Motor expenses Volunteer expenses Bad and doubtful debts Travelling expenses Advertising Telephone Gifts Amortisation of Gapital grant Depreciation 7,366 696 135,218 8,998 2.630 4,042 1.963 1,882 50,460 751 101,860 244.444 195.204 8,074 17.768 11,613 2,664 268 7.486 6,375 3.500 2,716 2.237 2,180 64,829 58,810 13.816 1,863 325 187 417 1,075 2,133 810 2,840 3,646 204 110 (34.353) {34,353) {18,951) 34.353 68.384 25.144 313 1.537 355 3.131 14.369 13.065 325 257 160 1,085 (2921 204 3.132 34.031 Total direct costs 45,654 209,497 141,543 396.694 291,050 Support costs Rent 350 6,817 7,167 7,000 Total supp¢yt ¢osts 350 6.817 7.167 7,000 Total charltable actlvftles 46,004 216.314 141,543 403.861 298,050 17-
MID ULSTER COMMUNITY SERVICES LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 DFI Other Unrestri¢tod Rastricted Restrictsd Funds Funds Funds Total 2025 Total 2024 Govomance ¢o$ts Cleaning Property repair5 and maintenance Subscriptions Legal and professional fees Consultancy Audit fees Bank charges Printing, postage and stationary Sundry expenses Protective dothing l unlform Refreshments ProfiU(loss) on foreign exchange 131 366 346 331 382 150 49 346 {562) 193 59 417 366 346 4,251 1.650 2,890 271 3,127 3,628 623 159 569 3,453 1.800 1,700 272 2,985 2,297 1,267 380 3.920 1.268 2,741 58 2.781 4.190 751 59 Total governance costs 1.791 16.101 58 17.949 15.509 Total resources expended 47,795 232.415 141.601 421,810 313,559 Exceptlonal Ilems: Electric bus prepayTnent written off Electric bus capital grant written off ProfiV{loss) on sale of tangible assets 23,167 23,167 15.000 Net Incomlngl{outgolng) resources 59,616 829 38.959 99,405 130,063 18-