for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 2024
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2024 | 2023 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
( |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
( |
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| Tax: |
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(
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| Profit(or loss) for the financial year: |
( |
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As at
| Notes | 2024 | 2023 | |
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£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: | 3 |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 4 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income |
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| Total |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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Upper Wharfedale Bus CIC operates the 72B local bus service from Buckden to Grassington and Hebden in North Yorkshire. The service runs three times per day in each direction on school days and five times per day on Saturdays and school holidays. Buses connect with the Grassington / Skipton bus at Grassington with two trips per day to Hebden. The service is used by both local people needing to access local services, work and onward transport links, and by tourists who mainly visit the area for walking. The service exists to reduce social exclusion & isolation in a remote rural area – especially among the elderly & young people; it improves the independence & quality of life of residents and supports a sustainable local economy by increasing opportunities for tourism & business and enabling access to and from employment; it helps to reduce carbon emissions by avoiding private car journeys. In terms of passengers 2024 was our best-ever year with passenger numbers 9% higher than in 2023. The service continues to play an important role locally in providing safe travel in accordance with both government regulations and our objectives as an organisation. 44% of passenger journeys were concessions (National Free Bus Pass). Approximately 5% were children and young people.
The primary stakeholders are the passengers on the bus. These comprise both local people and visitors. The regular local passengers are known to the directors and to the drivers and make their views known regarding the service. These are generally very positive and are highly appreciative of the service provided. Those visitors who express views are almost universally positive. The other key group of stakeholders are the staff, who are a combination of part-time paid employees and volunteers. Routine two-way communication takes place through email and a drivers’ WhatsApp Group, as well as through face-to-face communication. Other stakeholders include: North Yorkshire County Council (NYCC) who subsidise the service. A monthly report is sent to NYCC. A regular dialogue exists between the directors and the NYCC Contract manager. The company passed two compliance audits by NYCC in 2024 with no demerits. Local Parish Councils. Councillors are informally updated regularly. Occasional newsletters are produced when there are any changes to the service (e.g. timetable changes). Service updates are communicated via the UWB website and through text messages, Facebook and Twitter as required. A dedicated phone number is published on the timetable, on the side of the bus and on the website so that passengers can contact the company by phone.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 September 2025
And signed on behalf of the board by:
Name: Peter Vetch
Status: Director