Company Number:N1040029 Charity Number:NIC107310 North & West Taxi Proprietors Ltd (A company Ilmlted by guarantee) Accounts for thL' yL4ar LsndL'd 31 January 2025
North & West Taxi Proprietors Ltd (A company limited by guarantee) Contents Pago Informalion Directort• Report Ind¢pcndent Examiner's Rcport Statement of Financial Activities Balancc Shcct Noles to the accounts. 8-12
North & West Taxi Proprietors Ltd (A company limited by guaranteL) Information Directors Andrew McCurtn¢y Putrick TL*r¢>nc¢ Pa&ye Secretary Andrew Mccartnoy Company No: N1040029 Charity No: NIC107310 Rcgistorcd officc Unit 16 Rsiih Mor Centre Bligh's Lane Derry BT48 OLZ Accounlants MLGrollrly Mccalt'erty & Company Lld Accountants & 'r(Ix C()n%ultants 2 Curlisle Terracc BT48 6JX Bankers AIB (NI) Meadowbunk Str£ind Road Dcrry BT48 7TN Page I
North & West Taxi Proprietors Ltd (A eompally limited by guarantee) Directors Report The direclors pr¢senC iheir report and the financial slalemenls fur Ihe yeuT ¢nd¢d 31 January 2025. Objeetlves and activities Th¢ principal activiiy of the company during the year under rcview was ihe runniiig of un udvicc and support centre in the Rath Mor centre in Derry. Company Number Charlty Number N1040029 NIC107310 Directors and thelr Interests The direciors of the charity for the purposes of charity law lind throughout this report ure collcclively referred to as the directors. Tlie directors servAng during the year and sin¢e th¢ y¢ar end werc a% follow%: Andrew Mccartney Potrick Terence Pagc Governlng Document The organi.SL1tion is a company wilh chan'table status. ThL company wa4 e8tablished under Memorundum & Articles of Associalion which oullined (he areil of benelit and Ihe objecls ol Ihe charilable organisalion. Risk Munagement The directors have a risk monag¢mcnl slralogy which con.si%18 ()[ cslablishing a sy.sl¢m ot. idcnlilying ri5k5 and Initigating Such risks. Roservcs Policy North & Wc8l Tuxi Propri¢lon¥ Lld havc u p()licy (hal unr¢slriLlcd roscrvc.s lo bo muinCEiinLd Lil a Icvcl lo covcr three months salary, operÉ1tional co%t8 nnd redundancy. Results & Performance The results and performance for the year of North & W¢.81 Taxi Proprietors Ltd are summarised in the enclosed accounts. Flnancial revicw The flnancial perfom)an¢e iq 8ummarised in the enclosed account%. Page 2
North & West Taxi Proprietors Ltd (A company limited by guarantee) Directors Report .continu¢d Dlrectors Responsibilities In Relation To Tho Financial Statements Th¢ directori of North & Webt Tuxi Proprietorb Ltd Ltd for the purposes of company law are responsible for preparing the Dir¢ctor8' Annual Report and the flnkriaL .4iutLmunt8 in accordance with applicable und Uniled Kingdom AcLoun¢ing Slandard5 (Uniled Kingdom Generally ALLepted Accounting Practice). Company law requircs thc dircctors to preparc financial statcmcnt% for each financial year, that give a iruc and fair view of the state of the affairs of the charitable company and of the incoming resources and application of resources. including the incomo and expcndilurc, ol. lh¢ Lharildblc company for that period. In prcpuring ih¥.se fin&ncial .%latement>, the dircctortr ur¢ rcquircd to.. select bultable accounting policieb and apply diem consistently; observe the methods and principles in the Cliarities SORP 2019 (FRS102); muke judgements and estimate8 that are rea8onable and prudent: staic whcthcr uppliLublc UK ALLuunling Standurds huvc bLcn followLLI, %ubjcct lo aiiy material depurturcs disclosed and expluined in the financiul btuteinents; prepare the financial statements oil the 8oiiig coiicerii basis unless Él is inupprvprialc to prcsunie that the charity will continue in but>inesti. The directors arr rcsponsiblc for maintuining propcr ULLounting records which di.%elose with reuson(Iblc accuracy thi Étsly time the financinl position of Ihe chnrity lind enllbles them to en.sure that the fin¢ill¢iiL 51(itements comply with Ihe Companies Act 2006. The director5 are also respun5ible for ,safeguarding the assets of the charity and hence for taking reasoiiable steps lor the prevcnlion (ind dclcLlion of Iraud and other irtegularilj¢.s. In so far as the directors are aware: -th¢re is no relevant iThforniation of which the charitable company's independent exuuminer 18 unaware. and -the directors have taken all the steps Ihut they ought to have iaken to miikc Ihtsmsclves aware of any relevant inforniation and to e5tabli5h that the independent exaininer is aware of that infomjution. This report is prepared in accordance with the %pe¢iJl provision% of part 15 of thL Companie8 Act 2006 relaling io ?mall LoMpUnie. This report was approved and authorised for issue by the Board on 21 October 2025 und signed ()n 118 behalt by Director Dlrector Pag>e 3
North & West Taxi Proprietors Ltd (A company limited by guarantee) Independent examiner'& report on the unaudited financial .statements to Iho directors or North & West Taxl Proprfietors Ltd We report on the accounts of the company I'or the year ended 31 J&inuary 202.5, which are 8et out on page Respective responsibilities of charity dircctors and L'xaTninLr' As the charity directors you are responsible for the preparulion of thL account8 in accordance wilh the requirement8 Ot the Companie8 Act 2006. HaviI)g sulisficd oursclvcs Ihal Ihc lhartiy i.s not subjecl to audil under company low, and is eligible for independent exaininalion, it is our respon%ibilily to. examine the accounts under seciion 65 of the Charities Act 2008. follow the procedure8 laid down in the general direction.4 given by ihu Charity Commi%sion for Norlhcrn Ireland under section 65(9)(b) ol. the Charitie8 Act 2008. state whether particullÉ r matter8 have come to our attention. B&si$ (If independent examiner's repi)rt We have examined your ch<irity account5 ds required undcr %cction 6.5 of the Charities Act and our examinaiion W1( s carried oul in accordance with the general directions givLn by ihc Charity CoTnmi5sion lor Northern Irelond under Section 65(9)(b) of tlie Charilies Act. Tlie examination included a review of Ihe accounling record.s kept by the charity and a comparison of the account% pre%entcd wilh those record%. It al%0 included a con5ideralion of any unusual ilems or disclosures in lh¢ a¢counl.s, and seeking explanalions from you as charity directors concerning any buch inaltcrs, Our role is to slatc whether any material mallers have comc lo our allcniion giving us cause lo believc: Ihal accounling reLords were not kepi in aLLordancu wilh 8eclion 386 ot. Ihe Companieb Aci 2006: that the accounts do not accord wilh those aLrvunting r¢¢()rds; that the accounts do not comply with the accounting requirements of the Secti()n 396 of the Companies Act 2006 and the mcthod8 and principles of thc Charilie.8 St&ilcmcnl of Recommendcd Praclicc upplicable lo choritics preparing their accounts in accordan¢L With Ihe Financial Reporting Standard applicablL in th¢ UK and Republic of Ireland; that there is further information needed for proper understunding, Independent examfiner's slatemenl Wc havc compl¢lcd our cxaminalion and havc no ¢oncern8 in re8pecI of Ilie mallers lisled ubovc and, in connection with the following directions of che Charity Comniibsion for Northern Ireland, we liave founLI no matter.¥ that require drawing to your attention, McGroartyy Mccafferty & Company Ltd Accountants & Tax Consultants 2 Carlisle Terraco Derry BT48 6JX Date: 21 October 2025 Page 4
North & West Taxi Proprietors Ltd (A cotnpany limitLd by &FuaranteL') Statement of Flnancial Activities for the yLar endcd 31 Januury 2025 Unrestricted Funds Restrlcted Funds 2025 2024 Income and Expendlture Incomlng Resources Grant8 & Sundry Income 50,4815 50,488 62.971 Tolal Incoming Resources 50.488 50,488 62.971 Resources Expended Managcmcni & Administration Tothl Resources Expended 48,679 48,679 58,637 48.679 48.679 58,637 Net Incomlng l (Outgoing) Resources 1,80() 1,809 4.334 Balances broughi forward l February 2024 8.245 34 8.279 3,945 Balances Caled forward 31 January 2025 10,0.54 34 10,088 8,279 Thc abov¢ umoun15 relate lo continuing opcralion.8 of ihL Lvmpuny. The Company has no recognised gains and losses other than tho.se in¢lud¢d in the rcsulL8 abov¢ and therefore no separate statement of total recognised gains and 1088e8 ha8 been prcsented. Th¢re is no difterence between thc nct incoming resources for the year 8latcd abovc and ihcir hisluriLtIl Losl cquivulcnls.
North & West Taxi Proprietors Ltd (A company limited by gUarantL} Balance sheet ab at 31 Januury 2025 2025 2024 Notes Flxed assets Tangible assets Current assets ca.sh at bank and in hand 990 1,000 9,902 8,083 Current liabilities ALcruals 804 804 Net currcnt asscts 9,098 7,279 Totgl assets less current 10,088 8,279 Reserves Brought forward llt l Fcbruttry 2024 Unrestricted Rc.sLri¢lLd 10.0.54 34 8,245 34 10,088 8,279 Page 6
North & West Taxi Proprietors Ltd (A company limited by guarantee) (continued) In opproving these financial slatcmcnls as dirLclors of thL Company we hereby confm: For the year ended 31 January 2025, the Company wa8 entitled to exemption under section 477 01. Ihe Companies Act 2006 rclaling io small Companics. The directors hav¢ not required the company io obtain an audit in accordunce wilh 5eLlion 476 ot. the Compunies ALt 2006. The directors acknowl¢dgc Ihcir Tc4pnn%ibililics for complying with Ihc rcquiremenls ol: the Compaiiic% Act 2006 with respect to accounting record% and the preplÉ ration of iiccounts. Th¢sc accounts huve been prepared in accordance with tlie pruvisions upplicablc to companie.s subject to the small compunie5 regime in accordance with FRS102 SORP. The financial statements were approved und authoriscd lor issue by thc Board on 21 October 20?5 and signed on its behalf by- Dire¢tor DirL'ctor Conipany Number: N1040029 Page 7
North & West faxi Proprietors Ltd (A company limited by guarantee) Notes to the accounts for the year ended 31 January 2025 Accounting policies The principal accounting policie>1 adopted in the preparation of the financial stalenients are set out below and have remained unchlged trom the previou8 yLar, and also have been consistently applied within the same accoun(8. 1.1. Accountlng conventlon The financial statements have been prepared in accordance with Accounting and Reporting by Charitie5,' Statement of Recommended Practice applicable to charitie8 preparing their aLcounls in accordance with thc Financial Rcporting SlanLlurd uppliLublc in ihL UK and R¢public ol. Ireland Charities SORP 2019 (FRS 102), the Financial Reporting Stundiird applicable in the UK and Republic of Trelund (FRS 102), Companies Act 2006 and Ch1& ritie8 Act (Northern Ireland) 2008. 1.2. Tangible fixed assets and depreclation Tangible fixed as*sets are stated at co%t less dcprcciation. Depreciacion is provided at rates calculiiled to write off the co.%t or valuation less residual value of each asgcl over its expected useful life, as tollow8: Equipment 200/0 Straight Line Income (i) Grants Grants rLpreben(s all amounts received and receivable during the year. Capital gran18 are relea8ed to the profil and lo.88 account in lh¢ y¢¥ar in which they are received in line with the SORP 2019 {FRS102), Revenue grunts are credited to the Statement of Fin<illci<l1 Activitie5 in the year they are received. (li) Donations & admini.8lralion incomL. Thib comprises amouiits received durlng the year. Expendlture (i) Dircct Charitable Expeiiditure This represents all expenditure directly (lttributable to charitable causes. (li) Management & Administration This includes all other expenditure not dirccily allocalcd abovc llnd a portion of thc ov¢rhead costs attributable to managemcnt and cidn)inistratTOn. Page S
North & West Taxi Proprietors Ltd (A cuJnpany limited by guarantee) Not to the accounts for the year ended 31 January 2025 Income 2025 2024 RtrIcted Income National Lotlcry Commui)ity Fund 31,859 31,859 nrestricted Income Donutions, training fees and Inanagement earnings 50,488 50,488 31,112 Total Incomo 50,488 62,971 Restricted Funds Funds rcccived which are eam)ark¢d by die funder for.8pecific purposes. Such purposes are within the overoll aims of the organisalion. (il) Unrestricted Funds Fund5 which are expcndable at the discretion of the company in fUrther1Ce of thc aims of the cliarity. In addition funds may be held in order to finance capital inve.51ment and workin8 capilal. Unrestricted reserv¢s are at a Level to cover three months salary, operational costs and redundancy. Page 9
North & West Taxi Proprietors Ltd (A conipany limited by guarantee) Notes to the accounts for the year ended 31 January 2025 Resources xpendLd Unreslrlcted Funds RestrictLd Funds Total 2025 Total 2024 ManagL¥ment & Admlnlstration Wages & sularies Self employed contractors TrainInCPc Rent Insurance Light & heat Adverti.sing Computerlsoftware costs Printing & stationery DVA Telephone Sundry expenses Accountnncy Bank charges Card chargcs Dcprccialion of fjxturcs & fillings 15,953 12,335 3.010 6,121 444 922 5,722 4.144 892 5,838 663 917 804 303 319 250 16,580 7,085 5,675 16.580 7.085 5,675 1,068 86 2,631 357 12,301 1.068 186 2,631 357 12,301 504 828 329 487 310 504 8?8 329 487 48,679 48.67() 58.637 Staff note The uvcrage number of pcrsons cmployed by tlie company durin¥ Ilic ycur uniounled to O (2024 - 1). The aggregate payroll costs inc'urred durins tlie year were., 2025 2024 Wagcs und salaries 15,953 15,953 Taxation There is no Chge lo taxation a.8 Ihc Lompuny has charitable siatus. Page 10
North & West Taxi Proprietors Ltd (A conipany limited by &yuarantee) Notes to the accounts ror the year ended 31 January 2025 Tangiblo assets Equlpment Total Cost At l February 2024 Additions 1,250 300 300 At 31 January 2025 1,550 1,550 Depreclatlon Ai l Februllry 2024 Chargc for Ihc yc&r 250 310 250 310 At 31 January 2025 560 560 Net book valuLS At 31 January 2025 At 31 jEuary 2024 990 990 1,000 1,000 Current Ilabllltles 2025 2024 Accruals 804 804 io. Movements In Funds At l Fcbruary 2024 At Outgoing 31 January resources 2025 Incomlng resources Restricted funds: 34 34 Unre,striLted fundb.. General funds 8,245 50,488 (48,679) 10,054 Total unrestricted funds 8,245 50,488 (48,679) 10,054 8,279 50,488 (48,679) 10.088 Purposes of Restricled Funds Restricted grants awarded to the charity is provided to cover the core objects a5 explained in directors rLPOrt. Page 11
North & West Taxi Proprietors Ltd (A company limited by guarantee) i otes to the accounts ror the year endcd 31 January 2025 11. Related Party Transactions There were no r¢lat¢d party irunsuLlions in the year under review. 12. Limlted by Guarantee The company is limited by guaranlcc und docs noi huvc u 51iurc Lapilal. 13. Controlllng inlerLSt Controlling interest rest.s with (he Bourd of Directorb. Page 12