REGISTERED NUMBER: 05484224 (England and Wales)

GREEN DRAGON COMMUNITY TRANSPORT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Thomas

G R Devonald

Mrs C J Jones

Mrs J Hobson

SECRETARY:

REGISTERED OFFICE:

The Old School

Bwlchygroes

Llanfyrnach

Pembrokeshire

SA35 0DP

REGISTERED NUMBER:

05484224 (England and Wales)

ACCOUNTANTS:

Bevan Buckland LLP

Chartered Accountants

Castle Chambers

6 Westgate Hill

Pembroke

Pembrokeshire

SA71 4LB

FIXED ASSETS

Tangible assets

4

112,047

60,034

CURRENT ASSETS

Debtors

5

14,096

9,345

Cash at bank and in hand

37,845

36,200

51,941

45,545

CREDITORS

Amounts falling due within one year

6

9,058

8,045

NET CURRENT ASSETS

42,883

37,500

TOTAL ASSETS LESS CURRENT LIABILITIES

154,930

97,534

CREDITORS

Amounts falling due after more than one year

7

61,970

44,381

NET ASSETS

92,960

53,153

RESERVES

Income and expenditure account

92,960

53,153

92,960

53,153

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

A Thomas - Director

Mrs C J Jones - Director

G R Devonald - Director

1.	STATUTORY INFORMATION

Green Dragon Community Transport Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced sales of goods, excluding value added tax. Grant income is recognised on receipt.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment

-

25% reducing balance

Fittings

-

25% reducing balance

Motor vehicles

-

25% reducing balance

Office equipment

-

25% reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Grants

Grant income is credited to income on receipt and allocated over the life of the project. Any amounts outstanding at the year end are included in either debtors or creditors. Capital grant income is written off to the profit and loss account at the same rate as the estimated useful life of the asset.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

Equipment

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

2,269

3,021

178,924

10,300

194,514

Additions

-

-

70,075

28,281

98,356

Disposals

-

-

(12,000

)

-

(12,000

)

At 31 March 2025

2,269

3,021

236,999

38,581

280,870

DEPRECIATION

At 1 April 2024

1,781

2,897

122,147

7,655

134,480

Charge for year

120

31

29,460

7,732

37,343

Eliminated on disposal

-

-

(3,000

)

-

(3,000

)

At 31 March 2025

1,901

2,928

148,607

15,387

168,823

NET BOOK VALUE

At 31 March 2025

368

93

88,392

23,194

112,047

At 31 March 2024

488

124

56,777

2,645

60,034

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

587

1,477

Other debtors

13,509

7,868

14,096

9,345

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

7,428

6,414

Other creditors

1,630

1,631

9,058

8,045

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

61,970

44,381

8.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by its members.

9.	LIMITED BY GUARANTEE

Green Dragon Community Transport Ltd is limited by guarantee of its members, each member guarantees £1 only.

10.	GRANT INCOME

During the period the company received the following grants:

2025

2024

£

£

National Lottery - Capital Grant relating to purchase of vehicles

38,245

54,384

National Lottery - Revenue Grant

74,423

22,471

PAVS - Supporting Community Action Fund

-

2,245

PACTO

5,700

-

CAVO Age Friendly

500

-

118,868

79,100

All terms and conditions have been met, with no claw back due.