COALFIELD COMMUNITYTRANSPORT SCIO
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Scottish Charity No. . SC032515

COALFIELD COMMUNrfY TRANSPORT SCIO
CHARITY INFORIAATION
Truste8$
Charity number
SC032515
Prlnclpal offlce
Block 4
Caponacre Road
Caponacre
Cumnock
KA18 1SH
Indopend•nt auditor
JRD LLP
Chartefed Accountants and Registered Auditor
11 Portland Road
Kilmarnock
KAI 2BT
Busin•ss address
Bl¢xk 4
Caponacte Road
Caponacre
Cumnwk
KA18 1SH
Bankers
Bank of Scotland
PO Box 1000
BX2 1LB

COALFIELD COMMUNITY TRANSPORT SCIO
CONTENTS
Page
Trustees. Rèport
Financial Ststgmonts
Auditorfs report
Statement of financial activities
Balance sheet
ststement of ca5hflows
Notes lo the financial slalements

COALFIELD COMMUNITY TRANSPORT SCIO
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 MARCH 2024
The tru5tee5 present their report and financial Staterr￿nts of the charity for the year ended 31 M2reh 2024.
The financial statements comply with Ihe Charities and Trustee Investment (Scollandl Act 2005 and the
Charities Accounts (Scotlandl Regulations 2006 las amendedl and the Iwslees have adopted the provisions
of Aecounting and Reporting by char￿es.. Statement of RecomwEnded Practice applicable to charities
preparing theif accounts ln accordance with the Financial Reporting Stsndard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 2019).
Chairp•r$on's Statgrngnt
The 2023124 financ￿1 year Saw an increase In passenger usage across our services by 30%.
12 new groups joine¢J throughout Ihe year taking group membership lo 99. In thè coming year the Executive
Manager will continue to work with groups to encourage memtership and support greater community group
cohesion.
Support grants re¢eived from Govemment bodies and funding levels remained al similar leve15 as the previous
year.
wrthin the year. partnership working wrf(h kxal aulhoritses to $UpF￿ children and adults with additional
supported needs to attend education and training opportuniti'es has arisen. This work supports the wider
community and increases capacity with the current fleet.
thin the fiscal year CCT took delivery of2 electric vehicles. These veh￿te$ were fvnded via various iniliabves
and funding streams, including a new Charge point fitted within the workshop. Successful funding allows CCT
lo work towards reduction in carbon emissions locally. Throughout the year the Executive Manager wll
continue lo apply for funding lor vehicle rep1a￿rnent or new prciecls.
Trustees are working on a business plan to formalise and plan for future growth within the organisation. Th8
Executive Manager 15 working on various wojects within the year, including trustee development plans in the
2024125 financial year.
Trustees will continue to workwtth the management personnel lo continue to investigate other income streams
and how we can work in partnership with the kral authonty, NHS and other partners lo establish a joined-up
approach ol working.
Structure Governance and Mana
ement
Recrultment and Appointment of fiustees
This is carried out in conjun¢b"on with the constitution - the existing ITUSlee5 may al any time appoint anyone
to be a trustee up to a maximum of 10.
Induction and Training of Trusteos
The charity is developing a more formal trustees. indUCt￿n pack, to be presented lo each new trustee. This
will identify the fole and responsibilities of the Irusl*', copies of previous minutes and reports for information;
a copy ol the most reeent business plan and a summary of the charity's acty"vities.
Organlsatlonal Structu
The Board of Tnjslees is resrrtinsible for policy decisions and ensuring that the charily operates within ils
constitution. Regular Board meetings are held lo effect poI￿Y decisions.
The charity operates a hierarchical management struclure in line wiv) Board p)licy requirements.
The Key Management Personnel during the financial year and preceding financial year were".
Pay Pollcy for Senior Staff
The pay ol senior staff is reviewed annually by the Board with reference to pay scales for similar organisations
wilhin the sector.

COALFIELD COMMUNITY TRANSPORT SCIO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Related Parties and Transaetlons wlth TrusteeslKey Management Personnel
Expense5 paid lo trustees are disclosed at note 4 to the financial slatemenls. There wefe no related paty
Iran5aclions with trustees. with the exception of the relationship be￿een one Injstees and a principal funder.
This is an elected councillor of East Ayrshire Council but who serves as trustee of the charity solely as an
individual and not as a representative of that funder. Related party transactions in respect of Key Management
Personnel are detsiled at note 4 to the financial ststements.
Risk Management
Health and Safety poI￿leS and risk assessments are accessible online and available on request. All issues.
industy changes and information are held in the organisalions online account and updated as and when
required. The lack of a 5uitsble reserve fund was previousty a concem, atthough this area has been developed
over the past year (refer lo reserves poI￿Y section below).
Ob ectives and Activities
Principal Aims
The charity's objeelives are to provide communty transport services within the East Ayrshire and environs,
who have need beeause of age. disability or wvety, and in particular but not so as lo limit the generality of
the forgoing to".
Provide and maintsin non-profit community transport services.
Assist the charitable work oforganisations and bodies engaged in pronv)ting the relief of such persons
through the provision of appropriate seryices.
The organisation's overarching aim is lo deliver, promote and support high quality accessible passenger
transport services in East Ayrshire.
Objectives for tho ygar
Continue to increase membership of group transport users in East Ayrshire.
Continue to increase membership of the Dayhopper Club_
Recruit more volunteer diivefs.
Continue to seek opportunitie5 to replace minibuses.
Reduce carbon emission5.
Continue lo develop Dl & m￿aS training.
Seek out opportunities for allernalive funding streams
Seek guidance on operating licen￿ and our trading ami lo continue operating under the S19 permit
system due lo department of Transport annoUr￿ernent of a change in regLFlation.
Achievements and Performance
Achievements this year include acquiring additional vehicles to support fleet replacement and new projects.
A dual 22Kw charge point was instslled in the workshop enabling better use of Evs on longer routes without
the Cost of publie charging.
The organisalion experienced a notable increase in passenger numbers. We have covered 250k miles irb the
year 10 99 groups and 300 members supporh'ng a eonsiderable number social service and membef users.

COALFIELD COMMUNITY TRANSPORT SCIO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Financial Roviow
Resorvos Policy and Golng Concern
At the balance sheet dale. the overall unrestricted funds were £978.678. However, thi5 Includes a designated
capital fund of £574,850 which represents the book value of fixed assets and not actual cash funds. The
designated vehicle replacement lund at 31 March 2024 was £189,050. Of this. £82.079 has been spent during
June 2024 leaving a balance of £IC6,971. The designated pfopety fund balance brought forward of £10,000
was partially spent during the year on necessary repairs leaving a balance of £2,851. A designated training
fund of £5,000 was brought lo￿ard at the end ofthe Previous year with £1.132 being ulili5ed leaving a balance
of £3,868 at 31 March 2024. A designated contingency fund of £150.CMJO was brought forward al the end of
the previous year, wlh no further transfers durin9 the year_ This reserve was sel at a level that the Board
considers appropriate for the charity's current activities and future plans and represents approximately 3
months njnning costs excluding fixed asset depreciation. In addition, there are uniestricted general funds of
£58,059 represents.ng the charity's Wofking capital. The overall tjnrestn'cted free cash reserves {excluding the
designated capital fvndl lotalled £405.826 at the balance sheet date. Taking into consideration current
economic uncertainty, existing and planned propety, vehicle and staff commitmen15. increased fuel and other
running costs. the trustees consider that adequate resources contsnue to be available to fvnd act¢vities for the
foreseeable future and are of the view that the charity eonb'nue5 to be a going concem.
Principal Funding Sources
Principal funders during the yearwere East Ayrshire Council. Slrathc￿de Partnership for Transport and Energy
Savings Trust.
Future Plans
Conlinualion of training of D1. Driver CPC. Midas and Passenger Assistant training will be priortties in the
corning year for the Transport manager and Trainer to be able to train our own staff and offer this to outside
organisalions and a5 an addrtional funding stream.
The organisation will continue lo seek opwrtunities of subsidised scheduled services through SPT. The project
will continue to seek capital replacement of minibuses and garage eqLFipment. The project will continue lo
make applications to charitable bodies.
The project is looking al widenin9 the SUPFKlrt to the community by Wofking in partnership with other publie and
third sector bodie5 in Ihe East Ayrshire area.
To have a trusteeslmanagement development day prior lo 31 March, 2025 which will include the fomialisation
of new trustees, induction procedures and the role and a fvrther review of the charity's conslitulion.
Reviow of Flnanclal Year
The excess of income over expenditure for the year was £417.365 {2023.' excess expenditure over ineome
£20,724). The overall result for 2023124 is after the impact of capital grants of £431,848 and depreciation
tolalling £60,818. The operational result, detsiled at the income and expenditure account al page 15 of the
financial statements. represent a surplus of £46.33512023.' £32,060). An analysis of the slalemenl of financial
activities is included al note 18 to the financial statements. This details the restricted and unrestricted funds
and related income sources. The total funds carried fo￿rd at 31 March 2024 were £980,67812023". £563,313)
as detailed above.
Le
al and Adminislrativg Infofmation
Charlty Informatlon
The Scottish Charity reference. contact infomiation and other administrab.ve details are shown on the foregoing
charity information schedule.
Constitution
The charity previously operated as a company limited by guarantee ISC2265471 and converted lo a SCIO on
23 October 2017. A copy of the consb"tulion, which deals wrth the appointment and removal of Iw51ees, the
charity's aims and objectives and other matters is available from the tnjstees at the principal office.

COALFIELD COMMUNITY TRANSPORT SCIO
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Board of Trustees
rp,- lollo,,
IL=fj J,.. 'fr3 financial period unless otherwise noted
There have been no lu-,
Board changes since the balance sheet date. In accordance with the con51ilulion.
stood lor re-election al the recent AGM. The trustees are also the only members
of th.. SCIO In Jcco-, d¥DC_. v/i:.h the Constitution
Auditor
JRD LLP was re-appointed as audilor for the SCIO'S 2023124 financial slalements al the previous AGM on 21
November. 2023
Slatement of Trustees, Res
onsibllities
The Iruslees are required to prepare accounts for each financial period which show a true and fair view ol the
slate ol affairs of the charity and DI the surplus or deficit for that oenod. which have been properli/ prepared
from and are In agreement with th2 accounnng records ana which comply witti relevant disclosure regulations
In preparing Ihesa accounts the trustees are requirsd to
Seleci suitable accounting Wlicie) and apply them consistJnlly'.
Make ILdgemenls and eilimaies Ihai are ieasonable and prudent
Follo'i'J 3pp'" =aDle accoLI?Fing i,.andard> sbbiecl lo any rp..aturia.: departure) #is".?s=d anrl ex
accodnis and
Pr-p3re In.e arcouilts on a gg1-, g -oricern Ctr3> s tir)less '. Is Ip.appropriata t? presu'w.2 Ih2L tne organi>ai,'on
p13Trn>d in th
The Iruslees are required 10 acl in accordance viith the-
onsl.lotion and within the frame'•iork of relevant cnaril/
legislation The/ are responsib.e ior kuepiqg prooer accounting records
¥ihicb. di>"lose vJilh reaJJnable
accuracy a; an/ lime the charilii s financia,. position and to enable them to ensure that the accoun15 cornolg
viiih Ihts appl,,cable reiJi'.ements of tha fo!itrll:"ng
Charities and Trustee Investment Iscopiandi Act 2005
Charities AcpoJnls Isrolland i Regulal..ais 2006
Sialemenl of Recommended Practice - Accouniing By Cp.arities I SORP 2019.1
The Irusleès Irh> responaibi'.Ity for
aKir.g reasop.abie > PS to safeguard the as>ets of lye char."li artd :o
pr&venl and delecl fraud and oiner i". r2gdlarÈ:ies.
Approv?d D J the B-a,'d ol Tru>',e?> on 11 Decamber 2024 and sigp.acl on It) bts￿.a,l ii.

COALFIELD COMMUNITY TRANSPORT SCIO
INDEPENDENT AUD￿OR's REPORT
TO THE TRUSTEES AND MEMBERS OF COALFIELD COMMUNITY TRANSPORT SCIO
Opinion
We have audited thefinancial slatenEnts of Coaffield ComrnunityTransport SCIO I'the SCIO'I for the year ended 31 March
2024 which comprise the Statement of Finaroal ActNities. Ihe Balance Sheet, Ihe Stslement of Cashllows and notes to
the financial slalements. induding a summary of signffjcanl accounbng poliaes. The financial weporting framework that
has been applied in their preparab.on is appli(abtÈ law and United Kingdom A¢counts"ng Slandards, Including Financial
Reporting Standard 102 Th8 Financial Reporting Standard applKsble in the UK and R&public of I￿land Iunited Kingdom
Generally Accepted Accounting Practi￿).
In our opinion the financial statements..
give a true and fair view of thè slate of the SCIO'S affair5 as at 31 March 2024 and of tts income and expanditure for
the year then ended,.
have bèen ploperfy p￿pared in ￿cOrdanCe with United Kingdorn Generally Accepted Accounting Pract￿e.. and
have been propaied in accordance wrth Ihe iequirements of the Chatibes and Trustee Investment (Scotlandl Act 2005
and regU￿tIOn 8 of the Charitw Accounts (Scotlandl Reguiab"ons {a$ amended).
8asl¥ for opinion
We conducted our audit in aCcordar￿e wrth Inlemalional Stsndards on Audtting {UKI IISAS (UK)) and Spplicable law. Our
responsibilities under tfvjse standards are fvrther described in the Audrtorfs responsibtlilies for Ihe audit of the financial
statements section of our iepori. We are independenl of the SCIO in accordance with the ethical requirements Ihal are
relevant to our au¢Jit of Ihe finanual 5tstemenls in the UK. Ir￿Juding the FRC'S Ethical Standard and the piovisions available
foi small entities, in the circumstances sèt out in note 6 to Ihe financial statements, and we have fulfilled our olhei ethical
responsibilities in accordance with these iequiremenls. We believe Ihat the audrt evidence we have obtained is sufficient
and appropriate to provide a basK% for our wThon.
Concluslons rèlatlng to golng eonc•rn
In auditing the finan¢*al statements. we have concluded thal Ihe trt15tee's use of the going concem basr5 of accounting in
the preparation of the financial statements is appiopiiate. Based on the wort( we have perfomed. we have not identified
any malerial urKertainties relating to events or condib"cM)s Ihat. individually orcotlectivety. may cast significanl doubt on the
SCIO'S ability lo contsnue as a going concem lor a KEricrfI of at least twefve months from when the financial statements ale
aulhorised for issue.
Our responsibilities and ihe respon$ibilit*s of the trustees with respect lo going concem a￿ described in the relevant
secbons ol this report.
Othor Infomiatlon
The other infom)ation compitses Ihe information rncjuded In the annual report other than the financial statements and our
auditor's rèport thereon. The tnJ5tees are responsible foi the other in10m￿ttOn contained ￿thin the annual report. Our
optnion on the financial statements does r￿t coverthe Other infomalion and. except to the extent otherwise explicitly slated
in our report. we do not express any fonn of assurance condusion theieon.
Our responsibility is to r6ad the other irbformalion and, in doing 50. consider whether the other infomiation is materialfy
inconsistent wlh the financial statements or otsr knowledge obtained in the course of the audit, or otherw¢se appears to be
malertally misstated. If we identify such malerial inconsisfencie5 or apparent material rnisstatements. we are required to
etermine whether Ihis gives rise to a fflalerial misstatement in the financial statements Ihemselves. If. ba$ed on the work
we have perfomed. we condude that theie is a materi* misstatement of this other informalion, we are required to re
that tsct. We havè nothing to report in thrs regard.
Mattgrs on whleh we arè required to report by ?xc•ptlon
In the lighl of our knowledge and understanding ol the SCIO and its environment oblained in Ihè course of the audrt,
have not identified material misstatements in the InJstee5' rewrt.
We have nothing to report in respect of the folkjwng matters in relah.on to which the Charities and Trustees Investment
(Scotlandl Act 2005 and the Charities Accounts {Scotland} Regulalions {as amended) require us to Teport to you if,
in our opinion..
adequate and propèraccounting records have noi been kept. Or￿t￿MS adequale forour audit have not been recewed
from blanches not visited by us", or
the financial statements are not Trn agreement wrth the a¢counbng records and relums., or
certain disclosur65 of trustees. rernuneration speryfied by law are not made", or
we have not ￿￿1ved all the inlomiation and explanatitins we require for our audit.
Page 1

COALFIELD COMMUNITY TRANSPORT SCIO
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES AND MEMBERS OF COALFIELD COMMUNITY TRANSPORT SCIO
ResponsibSlltie$ of trust••s
As explained more ful￿ in th8 trustee$. responsi￿1￿1eS statement Set oul on page IV of the truste8s' report. the trustees
{who are also the only members of the SCIOI are ￿sponsIb￿ forthe p￿ParatIOn oflhe financial ststements and for being
salr5fied that they gNe a true and fair view. and foi such inlemal control as the trustees deterniine is necessary lo enable
the prepafalion of finan¢ial statement5 that ale Iree ftom material rnisstatement. whether due to fraud or error.
In preparing the finanaal 5latgments. the trustees are res￿nsib￿ for assessing the SCIO'S ability to continve as a going
concern, disclosing. as applicable. matters related lo going concem and using the g￿n9 cotKem basis of accounting unless
the trustees eithor inlend to liquidate the SCIO or to Gease operations, or have Th) rtralislic alt8inatwe but lo do so.
Auditor'5 responslbllltl8s lor the audil of thg flnan¢lal statemtnts
Wè have been app(ynted as auditor under seetion 44{1llcl of the Charrtie5 and Trustee Inveslmenl (Scollandl Act 2(K)5
and report in accordance wth regulats.ons made under Ihose Acts.
Ou¥ objectives ale lo obtatn reasonable assurance aiK)iJtwhelherthe finanryal slalemenis as a whole are freefrom malerral
misstatement. whether due to fraud or error. and to issue an audilorfs report that include$ oui opinion. Reasonable
assur8r￿ is a high level of assurance but is nol a guarantee that an audil conducted in accordance wrth ISAS IUKI will
always delect a material misstatement when it exists. Misslatements Can arise frorn fraud or etror and are consideied
material il, indwidually 01 in the aggregate. they co(dd reasonably be expected to influence the economic deusion5 of users
taken on the basi5 of Ih8se financial sl8tements.
Irregularib"es. including fraud, are instarKes of non-clxnpliance with I￿5 and regulations. We design procedur65 in line
with our ￿sponsibl11be$, ouuined above. to detect malerial misstatements in respect of Irregularities. including fraud. The
exlenl lo whith our procedures are capable of detecting irtegularib"es, induding fraLFd are detailed below".
We identified and assessed the risks of material misstatement of the financial slalements from irregularities. whether due
to fraud or error, and also considered oui cornpetence and skills to recognise norpcompliance with laws and regulations
applicable to the SCIO. Vve discussed Ihese malters wilhin our audit team and also with the trustees. We Ihen designed
and perfomied audtl procedures responswe to those Fisks. including obtatning aydit evidence sufficient and appTopriate lo
provide a basis for OLFr optnion.
We obtained an understanding ofthe ￿al and regulatory frameworks wrthin which the charity operates. focusing on those
laws and iegulations that have a direGI effect on the determinatK)n of material amounts and disc105ures in the financial
statements The laws and regulat￿)n$ we considered in Ihis context were the Charities Accounts (Scotlandl Regulatrons
201A las 8mendedl and the Charities and Trustee Investrnenl (Scollandl Act 2CKJ5 togethw with the Charities SORP and
FRS102. We assessed the required com￿lSnCe wrth these Lgws and regulations as part of our audrt prDcedures on the
related financial statemènt items.
In addition. we consi(fered provisions of other laws and regLrlth"ons that do nol have a drrecl effecl on tho financi81
statements but cornpliance wth which might be fundamental to Ihe SCIO'S abilrty to operatè or to avoid a material penalty.
We also ￿nSIdered ltte opportunitEs and incentive5 that may exisl wlhin Ihe SCIO forlraud. The laws and regulations we
considered were General Data Protection Regulab"on. Heatth & Safety legislatM)n. Dtsclosurè Scolland related matters and
rèlevant employment and pensions legislation.
Auditing standards limit the required audil ￿￿eduleS to identfy n￿-coMpliancewlth these laws and regulations lo enquiry
of the trvstees and other management and inspeth.on of regulatory arnl legal c￿￿SFA?nd￿nce. if any.
In assessing the susceptibility of the financFal statements to material misst*ment. our audit procedures to Tespond to
these risks included".
enquÈries of rnanagefftent about their cwn identFfication aThJ 8ssessrrent of the risks of irregularities. including
fraud..
sample testr.ng on transactions and reviv•¥ of joum81 ￿lle5, i￿1￿￿•ng largelunusu81 transactions and those
outside the norrnal wvrse of business-.
reviewng correspondence wrth both furKlers and regulators",
reading minutes of meetings ofthose tharged wih govemance",
review of intemal controls in place io mib.gate the risk of Mat￿la1 mi$5tatoment fom) irregularrties, including
fraud..
carrying oul ahatyt￿aj procedures to identrfy unusual or unexpe¢ted fi￿￿￿ations.'
We identtfied the greatest IFsk of material impact on the finanual statements from I￿egUlarities. including fraud. to be within
the allocation ol inGome and expenditure between restricted and unFeslFiGled funds, ievenue recognition and cUl￿ff and
potential funding c￿wbackS.
Page 2

COALFIELD COMMUNITY TRANSPORT SCIO
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES AND MEMBERS OF COALFIELD COMMUNtTY TRANSPORT SCIO
Due to the inherent limitations of an audrt. there is a risk that we ￿11 not detect all irregLFlarilies. including those leading to
a material mi5Stalement in the finarKial statements or non-compliance ￿th regulation. This risk increases the more that
0mplian￿ wlh a law or regulation is rtrrnoved froffl the events and transactions refiecled in the financial stslements, as
we will bts less likety to become aware of instsnces of n(M￿OMplianCe. The risk is also greater iegardtng irregularities
o¢¢urring due to fra¢Jd rather than efrw. as frauil involves intentional concealmenl. fotgery, collusion. omisston or
miSrepresentst￿n.
A furlher descripbon of our responSi￿.1}tieS for the audit of the fina￿lar statements FS loc*d on the Financial Reporting
Council's websile at.. ￿￿.[rc.0rg.lIklaUd4IOT3reSpoftslb1tstle$. This desuiptN)n fornts part of our auditorfs report.
Use of our report
This report is madts solety to the SCIO'S members. as 8 body. in accordance with Regulation 10 of the Chartties A￿ountS
(Scollandl Regulab"ons 20C6 las amended)_ Oui audil woth has been undertaken 50 that we might slate to the SGIO'S
members and trustees those rnattets we are requiied to slate lo thern in an audilorfs report and lor no other purpose. To
the fullest extent permrtted by law. we do not accept or assume responsibilty to anyone other than the SCIO. the SCIO's
members as a bLxly and the SCIO'S trustees as a brmjy. ft>r our audrt work. for this report. or for the opinions we have
formed.
LUQ
JRD LLP (Statutory Audltorl
Chartered Accountants
Reglstorod Audltor
11 Portland Road
Kilmarno¢k
KA1 28T
30 0•eember. 2024
JRD LLP 1$ eligible lo act as an auditor in terms of se￿1￿ 1212 ofthe Compan￿$ kn 2
Page 3

I .(Il
(45

COALFIELD COMMUNITY TRANSPORT SCIO
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notos
Fixed assets
Tangible assets
Investments
574.849
270.869
574.850
270.870
Current a$sets
Debtors and prepayments
Cash al bank and in hand
206.640
257.435
464.075
102.904
209,983
312.887
10
Creditors." amounts falling due within
one year
11
158.2471
20,444
Nel current assets
405 828
980 678
292.443
583.313
Creditors." arr,ounls falli￿g due after
more Ih3n one year
Total as>els 5e)s current liabilities
980,678
563,313
Fund5 of the charity
Restriclnd Incom￿ funds
unrestric1￿d dnsi9nalecl lund>
Unresinrled IncgT,e tiiP,#s
13118
13118
13118
2.000
520 619
58 059
12.325
495 870
55 118
Total Charity Fund5
980,678
563.313
The I"'nancial stal￿mentS i'iere appro.ied bj In¢ B03Fa o,, I ra>l*s oq 11 D£>cemb￿,
and sigied on Its behalf by
2024

COALFIELD COMMUNITY TRANSPORT SCIO
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 MARCH 2024
Total Fund$ Total Funds
2024
2023
Notes
Net cash used in operating activities
14
412.250
{53,461)
Cashflows frorn investing actlv¢lies:
Interest and dividends
{PurchaselldisF)osal of fi'xed assets
Other net cash movements
1364.798)
(87,867}
Ngt cash provided by investing actlvltles
{364.7981
(87,8671
Cashflows from financlng aetlvltles:
Repayment of borrowings
Net cash provided by financing activities
Total cashflows in yèar
47,452
(141,3281
Change in cash and cash equivaleDls In the year
Cash and cash equivalents brought forward
209.983
351,311
Cash and cash equivalonts Carried forward
10115
257,435
209.983
Page 6

COALFIELD COMMUNITY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1 A¢¢ountlng pollcl•s
The principal accounting policies 3re summarised below. The accountiny policies have been applied
consislentty throughout Ihe year aThJ the prw)r year.
lal Basls of preparatlon
The financial 5ta¢ements are Pfesenled in sterfing 1£) and have been prepared in accordance with
Accounting and Reporting by Charitses". Statement of Recommended Practice applicable lo charities
preparing their accoun15 in arxordance vnth the Financial Reporiing Slandard applicable in the UK and
Republic of Ireland IFRS 1021 leffective l January 20191- {Charittes SORP IFRS 1021, the Financial
Reporting Standard applicable in the UK and RepublÈc of Ireland IFRS 1021, the Charities and Trustee
Investment (Scovandl Acl 2(X)5 and the Charih'es Accounts Iscottandl Regulalgons 2006 (as amend8dl.
Coalfield Community Transport SCIO meets the definth.on of a public benefil entty under FRS 102. Assets
and liabilits'es are initially recogniseil 81 historical cost or transaciion value tjnless otherwise stated in the
rèlèvant acGounling policy notels).
Ibl Preparation of accounts on a going concèrn basis
The financial slatetnents have been prepared on a going concern basis which assumes that the charity VAII
continue to operale for a period 0112 months frorn the date of approval by the Board. The charity is rel￿￿1
on external grant funding and, vknile the trustees have no reason to believe that such lund*ng will not
continue, the charitls abilty lo conknnve in business is dependent on being su¢ces5ful in attracting such
funding. The Trustees, Report contains details of the charty5 reserves policy, which considers both the
impact of CLtrrent genèral e¢onomic Un￿rtaInty and the charitys own circumstances.
Icl Fund accountlng
Unreslricted funds are available for use 8t Ihe discretion of Ihe trustees in furtherance of the general
objectives of the chaTily.
Designated fund5 are unreslricted fvnds which have been sel aside #i the discTeiion of Ihe trustees for
sperjfic purposes.
Restricted funds are subjecl lo restrictions on their expenditure imF4)sed by the donor or grantor.
Translers between funds ale made * the di5crelion of the tFUStees taking into ConS￿eT8t10n any reslrictions
imposed on lunds.
Idl Incomfr
All income is included in the st8temenl of financial activtties when the chafity is entitled lo the income, the
atnounl can be quantified wth reaSOna￿e accuracy and it is probable Ihat the income will be received. The
following specific poliaes afe applied tt) particular categories of income."
Income from donatKJns & legacies is received by way of grants. donalions and gifts and is included tn fuu in
the Statement of Financial Activities when receivable. Grants. where entrtlemenl is not condilional on the
delivèry of a sperial perfomiance by the charity, a￿ rec(4nised when the charity becomes uncondithJn8lly
enlrtled to the grant.
Donated services and facilities are induded at Ihe value to the tharty where th15 can be quanth"fied. The
value ol serwces provided by volLFnteers has not been included in these accounts.
Invèstmènt income is included when received.
Incorne from grants. where related to pertormance and speufic deliverabEes. are accounted for as the
charity earns the right lo consideration by its perfomance.
lel EX￿n￿lI￿re
Liabilities ale recognised a5 expenditure a5 soon as there is a legal or Constructive obligation commrtting the
chanly to that expenditure. it is probable that a transfeT of economic beneffts will be reqUI￿d in Settlement
and the am04Jnt of the obligation can be measured reliably. Expendrture is aC￿Unted for on an accnjals
basi5 and has been dassified L¢nder headings that aggregate all cost related to the category. Where costs
cannot be directly attributed to particvlar headings they have been allocated lo activifies on a basis
consistent the use of resources.
Governance costs includes those costs associated wlh meeting the constilutional and statutory
requirements ol the charity and include the audilorfs fees and costs linkèd to the strategic management ol
the charity which are voluntary other than trustees. travelling tsxpen5es reimbursed. Although d15closed
separately at note 19 govemance costs nryw lo￿ part of charilable expendrture Ipage 31 under the Current
SORP.
Page 7

COALFIELD COMMUNITY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMENTS {CONTIMUED)
FOR THE YEAR ENDED 31 MARCH 2024
1 Accountlng pollcl•s (eontinuod)
{fj Fixed asset$
Fixed a55ets lexcluding investments) ale stated at o)st less accumulated depreciation. Minor addilions
costing below £500 are not caprtaltsed.
Dep￿CiatIon is provided at Ihe following annLFal rates calcLtLated lo write off the cost of each ass&t over ils
trmpected useful lile which take into consideratM)n expected residual values in accordance with FRSIO2.
- Computei equipment
Fixtures & fittings
over 4 years on a straight line basis
Motor vehicles
over 7 years on a straight line basis
over 6-10 yeats on a straight line basis
Igl Hlr• purchase and leasing commitments
Rentals paid under operab.ng leases are tharged to the profft and loss account on 8 Straight line basis over
the period of the ￿SSe.
Ihl Penslon costs and o¢h•r p05t-retS￿mÈnt beneffts
The charity operates a defined contributs.on stheme for the benefft of its employees. The cost of contributions
are charged to the Incorne & Expenditu¥e account when incurred.
11) ot￿r basic finanelal inslrum•nts
Th& charity only has financial assets and ffinanual liabil￿"eS of a kind Ihat qualify as basic financial
instrument5.
Basic financial instruments are initt'ally recogniseil at transaction value and subsequently
measured al their settlernenl valuè.
ljl Cash at bank and In hand
Cash at bank and rash in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the date of acquisition cw opening of the dep95it or similaT account.
{k} Debtors
Short term debtors are rneasured at transactton price. less any impairment.
111 Credrtor5 and provlslons
Creditor5 and provisions are recogni5ed vthere Ihe charity has a present oblwJation resutting from a past event
that bwll probably result in the transfer of funds lo a thiid party and the amounl due to settle the obligalion can
be measvred or estimated reliably. Creditors and provis￿n$ ale nomially recognised at their settlement
amount after allowng lor any trade discounts (lue.
Im) Deferr•d Incomg
Grants received in advance of the agsotiated L￿"ng carried out are deferred only when the donor has
imposed precon¢Jitions on the expenditure of resouTces.
(ol Impalmients
Assets not measured al lair valuè ale reviewed for any indicalion Ihat the asset may ￿ impaired at each
balance sheet dale. If such indication ￿s1$. Ihe recoverable am￿nt of the asset. or the asset's cash
geneiating unit, is estimated and cofflpared to the Garrying amount. Where the carying amount exceeds its
recoverable amount. an impairment Ioss is recogntsed in profil or loss unless the asset is ¢8ffled at a
revalued amount wherè the impaimient loss is a revaluation decrease.
2 Stsff costs and numbèrs
2024
2023
Wages an¢J Salaries
National insurance
Perision costs
489,043 369,312
34.665
26.828
3,664
2,232
527,372 398,370
The number of employees during the year was 3412023.. 27) a headcount basis.
No ernpbyee ieceived èmolumenls in excess ol £￿,(￿Ks.
The charitys key management personnel are detailed tn Ihe Tmstee$' Rep)rt and their total employea
beneffts were £74.68912023.' £71.8211.
Page 8

COALFIELD COMMUNTfY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMEp¥fs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
3 Not Ineom•
2024
2023
Net ncorne ts slated after ¢hargino."
- Depreciation of ¢￿e￿ assets
- A￿J110¢S remtsneration Inote 61
Pension costs Inole 131
60.818
5.000
3,664
69,482
52.784
5.000
2.232
60,016
4 Trustee Remungr•tion ar￿ Rtlated Party Tvansaction
Trustees are not remunerated but a￿ ￿lI￿Ul5ed for expenses Ir￿ul￿. were fto expenses paid dLtring the Current or
prevous years to any Ilustees.
No trv81ee or other person related to the Ch￿ty any rErson￿ interest in any contract or transacb.on enleted inlo by the Charity
during the year. Th15 TS with the excepton ol trLL8tee$' a$So￿tion wth a wr¥cipal furKler l￿fer to Trustees, Reporti.
Co-ordinator, and
ransport Man3ger. were
emplngp.d hs -.k.p. r.Trarily dii-lnp t￿p. Je4r and received emollim.eris ?! r21.995 and £21 15. iespkctively. All staff salarios are
approved by the Board
S Taxatlon
The SCIO is a registerèd Scotttsh chanty arKI no WFWtion tsx ItabJ"ity arises. Thè SCIO Is VAT registered.
6 Audf£frf8 R•muneratl*)n
The audilorfs remunerath)n for the yew was £5.C(KI I2￿￿3." £5.(#XJl lor awjit seNres ancl £3.675 12023". £3.7251 lor non-audit
services.
7 Tan9lbkn lfjxed assèts
cornputer Fixtures. Fittlnys
Mtstor
Equipment
& Equlpmwt Vohicl88
Total
Cost
At 1 April 2023
Addiiiors
Disposals
31.822
3S.672 549,484 616,978
364.798 364.798
At 31 March 2024
31,822
35,672 914.282 981,776
Oepfeclatlon
Al 1 April 2023
Charye for the year
Oispos*5
27,923
1.667
16,6[￿ 301,380 346,109
4.053
55,098
60.818
Al 31 March 2024
29.590
20.859 356,478 406.927
Net book value
Al 31 Maich 2024
2.232
14813 557.804 574,849
At 31 March 2023
3,899
18.866 24B,104 270,869
Page 9

COALFIELD COMMUNITY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
8 Fixed asset investments
Shares in
group
undertakings
and
partlclpating
intergsts
Cost
Al 1 April 2023 & 31 March 2024
Holdings of more than 20%
The SCIO holds more than 20% of the share caprtal of the following companies..
Company
Country of registralion or
incorporation
Share$ held
Class
Parfclpating Inleresls
Thisue Transport Iscotlandl Ltd.
Seottand
Ordinary
100
The aggregate amount of capital and reserves and the results of these undertaking5 for the last
completed financial statements were as follows."
Capltal and Result for tho
Te$9rves
year
2024
2024
Thistle Transport (Scolland) Ltd.
This company has not traded since its incorporation on 17 January, 2008.
9 Debtors and prepayments
2024
2023
Trade debtors
Other debtors
VAT recoverable
Prepayments
47,355
94,998
41,078
23,209
11,124
41,833
2,851
47,096
206.640
102.904
10 Cash at Bank and In Hand
2024
2023
Bank current account
Business savings account
Cash balances
166.484
90.951
206,460
3,523
257,435
209,983
Page 10

COALFIELD COMMUNITY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEOI
FOR THE YEAR ENDED 31 MARCH 2024
11 Credltors: amounts falllng due withln ono yoar
2024
2023
Trade ¢reditors
Taxation and social setuvsty
Olher credttors 8nd accrued charges
20.490
25.275
12,482
10.058
1.525
8.861
58.247 20.444
12 Pension commitments
The charity operates a quall￿'r￿j scheme under the worf(plao pe￿I￿NS IBgislalion in respect of e1￿ible employees
who choose not to opt ￿t.
13 Funds
Unrestr5cted Unrgstrlcted
General Designated
Fund
Fundg
Restricted
FunLts
Total
Fund$
Fixed Assets
574.850 574.650
Currerst Assets
116,
345,769 464.075
Current Liabilities
58.247
158.247
Net Assets
58.059
920,619 980.678
Re3trlct6d Funds
Earl Year5 Pfo
This fund represent5 SFecific transport actmty invoknng 2 py)5t5 aThJ use of 1 vehicle on avwage. In addition,
there is an allocation of trainirrfJ. ¢Jevek¥)rwrt managerr*nt aThJ &lministratson in ￿lah"on to the direct activity rA>31s
plus only specific overI￿ad5
This fund rep￿sentS spec4fic transport activrty Tnvolwry 12 staff posts arwj use of 9 vehide5 on average In addition,
there is an allocation of training. deVelO￿nt. marwJement and thinistration in relalk)n to the ￿l￿t actwty costs
plus only $pe¢ifi¢ overheads.
Cumnock COn￿cl
Funded by SPT. this is a tree connectK)n service from ouuying villages and towns to the serwices provided in the
local area Such as doctor appointments. train co0￿ctiOns, loc4J hospital apwntrnents. shop￿ng. TrAsib"ng IrEThls or
relatNes and ￿spIte at local Ca￿ homes.
Uniestricted Genefal Funds
Core fvnding from our prinupal funders 15 regarded by the trustees as unrestricte(I bncorne, funding the servi
generally a￿1 not 5Feufic projects or actiWt￿$. This also Indu￿ other Incorne derived frorn di￿¢1 chantable
aciNities.
Dtslgnated Funds
Desi9naled Capital Fund- this repre5enis th8 value of fixed assets. whicth have been separated to dvatinguish these
fiom actual cash funds.
Otter Designated Fu￿$ - the trust8e5 have set 3SKle funds to cover future veh￿￿ replacemènt, property
commitment5 and general contingenC￿S. Other ￿serveS are con5*Jered lo be appropriate ￿lat￿)n lo the charitws
activit￿e8.
Page11

COALFIELD COMMUNITY TRANSPORT SCIO
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Re¢ondllatlon of not rnovemoni In funds to net cash flow from opgralln9 a¢tl¥lll•s
2024
2023
Net moyernenl in fuftds
Add back dep￿cIall0n charge
Deduct rnovement in deferred incorne
Deduct gains l Add Oack losses on ftted assets
I1n¢￿aseYDe￿ase in debtors
IncreasellDeueasel in ¢rgJitors
417.365
60.818
120.7241
52,784
1103.7361
37.803
175,9)81
9.6131
Ng1 cash usgd In opgratlny a¢dvl¢les
412.250
53,461
15 Analy515 of cash and cash equivalents
2024
2023
Cash in hand
CJ5h at bank
Overdraft facility rep8yble on demand
3.523
2C6.460
257.435
Totsl ea$h and ¢ash equivaltnts
2S7.435
209,983
16 Analysls of changes In nrt debt
At
01.04.23 Cashflows Oebt Aoelng At 31.03.24
Cash in hand
Cash at bank
Oveidraft facility payable on demand
3,523
K6.460
13,5231
50.975
257.435
209,983
47.4S2
257,435
Loans falling due wthin one year
Loans falling due after rnore than year
Finance18ase oblyations
Page 12

COALFIELD COMMUNFTY TIWISPORT SCIO
NOTES TO THE FINANCLAL STATEPAENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
11 Ollwmailers
•} FID*nckil Commltm¢nts
The onty maw￿1 f￿anci4 ￿ClI￿e WUFatr*aseaicar¥w*se1thsb4¥ Es¢Jl2. CurnThxk Tr *e cfAnmen¢ed on
18 FebNary 3019 for a Fern￿j of 5 ￿a￿S and tre vjffent ￿n￿al c(thYwWI E25.(N)D A twthEr *ase tern d S yeats ai art 8nnual
ial 01£30,tYJO h¥5 recentty be￿ thctThEfrom Fe￿2024
tyl ATh*tysis olEMp•ndifvre (nots 181
Costs
Costs Tot4 2024
T4¥lJl 202>
R•strithd Funds
P8ythI ¢OS
V*fii¢t8 run￿NIC0sts
Vsiiide insura￿e
Rerhargp ￿(L￿ts
JI.30l
289.327
57.802
ie.103
U.49$
371,527
233,nl
53,110
16,681
12.812
315.374
S7.602
16.10)
8.495
42.7
328.731
Unr•$trfctsd Funds
Payrt￿l (yjsts
150.170
87.875
238.045
1e4.599
383
25.￿0
2.124
5.494
3.676
2.041
Rent
Waterrates and charges
Offi￿ and otherinsuranc
Heal aryj I￿h￿
Set¥￿e¢har98s and c*aThr*J
Repa￿5 and mlinten￿
staff U￿10m}S
Printsng. posr¥and
AdVwts￿r
TeleFthane
Ccrfnputei CQAIS
ve￿de runnin9 COSL8
Vehicle Insuiance
siaff expen8e$
DaythppeilA¥vayhoprwfosts
Emp￿Yee & Heal￿ and Saf¢ty
Lega wore$$￿nI1 fe¢$
AccounLarwsupport EetW¢P5
SLaiuiOry¥(thfits & fees
Audill¢es
Sundry•pw$es
Pr(WI￿al (J)Sts
Ststyscnpt￿n5
Bank thaige5
RechatyOdGosts
25.
1.4
3.713
6.050
1.497
3.877
783
1.4
3.719
1.497
1.662
S.358
220
2.277
10.e78
39.795
1D.rh)g
47S
3.016
3.013
8.494
67.389
16.103
3.013
8.494
67.389
18.103
197
197
4.317
4.323
2.032
925
2.75Q
4.323
1032
925
2.7SO
5.orA)
2.2B6
1.475
2.2
s.o
2.28fj
578
S78
5e1
8.495
93.347
8.49$
395.$89
12.812
283.244
297.242
Deslgnalod Funds
1.132
1 132
7.149
60.818
69099
2.494
14.040
52.764
69.318
Repair5 and Mainte￿Ce
Oewecbabon
7.149
.816
81.950
7,149
rotal Resow¢es Exp•ndgd
836215
667.936
1)

2£
¥s88.
ÉlllxlS*.
¥k- Ut£ j
¥¥¥¥

COALFIELO COMMUNITY TRANSPORT SCIO
NOTES TO TME FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
19 Incomè and Expenditure Account
2024
2023
In¢rJrn*
East Ayrs￿￿ ctyjn￿- Maln F￿￿1￿j
East Ayr5hiie Coun(al- Earty Years
Easl Ayrshiie C¢)untrl- SoL7al Ca
Siralh¢We Partnership for Transport. Main FuTrliTrJ
Slraih¢tyde Partnership for TransPOrt- Comector
Netwoik Support Granl
ASN Schoo
FoundatvJn for Inlegialed Tran5pryI
Affit￿tK)n fees
Group transport
DayhopperlAwayhopper fee$
East Ayrshire CMryl- Fa￿11¢*5 recharge
E351 Ayrshire c￿ri1- Staff
Empkjyment Allowance
Olher income
Bank interest
54.412
38.240
294.177
38.240
256.821
50.OLM)
32.291
49,741
55,418
32.291
69.8B8
114.816
2.(M)O
70
64.295
29.S%2
55.583
1.360
44.613
21.617
12.320
26.299
5.ODO
3.492
821.732
647.212
Expendiiurè
siaff costs
Trainir
Rtrni
Walerrates and tha
OffKe and other insiirarKe
Heal and lighl
Setvice th•rge$ and
Repairs and mainten¥￿t
Sl8ff urmforms
Printing, posla9e arnl s￿l￿Y
Advertis￿0
Tek8phone
Computer costs
Vthi¢￿ runnMg costs
Veh￿￿ inSLYarKe
staff expenses
DayhoppprlAvrayhopper Gosl$
Employee & Heallh and Safety c(ffj$utt8ncy
Legal profes5ionJl fees
Accountancy 5UPPOn fee5
Slalulory Accounis and grani ¥erf¢kat*x fees
Aud11 fees
Sundry expenses
Subscriptions
Bank charges
Promoiional costs
527.372
1.132
25.1
1.450
3.713
6.050
1.497
398.370
2.877
25,000
2.124
5.494
3.676
2.041
18,766
1.662
5.358
220
2.277
10.678
91.9)5
26.690
75
3.016
648
1.132
1.475
2.250
5.000
1,196
561
852
1.409
17a
783
3.013
8.494
124.991
32.2(
197
4.317
4,323
2.032
925
2,750
5.0
2.286
S78
608
775.397
615.152
Operaling Re¥uM fly year
46.335
31060
l Grants
Slralhdyde Partr*rship lor Tran5W
Thè Robertson Twst
Enei9y SavirvJ$ Tiu$t
75,(#))
10.0
431.848
Oepreuati
80,818
52.784
Overall result for year
417,365
Page15