REGISTERED COMPANY NUMBER: 04691498 (England and Wales)

REGISTERED CHARITY NUMBER: 1099220

Report of the Trustees and

Financial Statements

for the Year Ended 31 March 2025

for

Compass Community Transport Limited

(A Company Limited by Guarantee)

Page

Report of the Trustees

1

to

5

Independent Examiner's Report

6

Statement of Financial Activities

7

Statement of Financial Position

8

to

9

Notes to the Financial Statements

10

to

16

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objects of the Charity are to provide a community transport service for the inhabitants of the City of Sunderland and it's environs who are in need of such a service because of age, sickness or disability (mental or physical), or poverty, or because of lack of availability of adequate and safe public passenger services.

The long term strategy is to expand the services to all areas of the City of Sunderland as increases in our reserves allow.

Organisation Membership as at 31 March 2025 was broken down by client groups as follows :

Number of

Members

People with physical disabilities

20

Elderly people

63

Youth Groups

9

Children's Groups

53

Religious

5

Others #

10

# - includes community associations, church groups and groups that are involved with more than one of the above categories.

Significant activities

The Charity have a modern, fully accessible fleet of minibuses which have been made available for hire to member organisations during the year. Drivers were provided, both employed and volunteers, who were Criminal Records Bureau checked.

Public benefit

The Trustees have had regard to the Charity Commission's guidance on their legal duty on public benefit, and are satisfied that the charity delivers public benefit, and due regard is paid to the guidance on public benefit when deciding on what new projects the charity should undertake.

Activities undertaken to further the charity's purposes for public benefit include the provision of community transport in the form of minibuses, to the disabled, old, infirm and socially excluded.

Volunteers

The Charity benefited during the year from the contribution of volunteers from both the Management Committee members (5 individuals) and a number of drivers who voluntarily offered their services to the Charity ( 2 driver / passenger assistants).

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

During the financial year the following specific outcomes were achieved, all of which exceeded the original objectives set in agreement with the funders :-

2025

2024

Number of Journeys undertaken

224

250

Number of passengers carried

3,245

3,385

Number of work placements provided

0

0

The charity continues to outsource the PATS training as this has been found to be more cost effective. The number of trips are up due to additional bus hire work. The Charity has managed to sign up a number of their old clients to the Charity's group shopper transport, funded by Nexus.

Internal and external factors

The continuance of funding support is reliant upon Government priorities and future policy.

As such, this is outside the Charity's control together with the susceptibility to fuel increases as a result of oil price fluctuations.

Developments are monitored by the Directors / Trustees to enable them to react positively to any changes.

FINANCIAL REVIEW

Financial position

The net expenditure of resources for the period amounted to a surplus of £103 (2024 - deficit £22,114). The amount attributable to reserves stands at £231,969 (2024 - £231,866) of which £0 (2024 - £0) is restricted.

Principal funding sources

During the year the Charity's principle income has been that generated by the provision of minibus hire to member organisations.

BSOG Fuel Rebates from the Department of Transport were received during the year totalling £10,530 (2024 - £11,644).

Reserves policy

The Charity is capital intensive and requires constant investment in vehicles, ICT, premises and staff.

The Directors / Trustees therefore feel that it is necessary to ensure that sufficient finance is available in order that operations can be sustained without over reliance on one off funding packages or regimes.

This will be reflected in the fees charged to member organisations and the Charity set aside reserves and make provisions for this in the budget forecasts.

The general reserve should be sufficient to cover up to a maximin of three months average total expenditure. The trustee's quantify three months expenditure to be around £108,949.

The reserves policy is reviewed annually and amended by the Management Committee if necessary.

The Directors / Trustees have the power to invest in such assets as they see fit. The Charity sometimes needs to react quickly to particular needs and has a policy of keeping surplus liquid funds in short term deposits which can be readily accessed.

FUTURE PLANS

The Charity's key objective for the future is to continue with it's plans to expand it's current geographical area of service delivery and make membership available to other organisations within the City of Sunderland.

The Charity will also be trying to gain more home to school contracts for Sunderland City Council.

The Directors / Trustees also recognise the susceptibility of the Charity to future funding streams and therefore will strive to secure future funding. The transport manager of the Charity is currently investigating possible future funding streams for the Charity.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The constitution governing the Charity is dated 10 March 2003.

Recruitment and appointment of new trustees

The Company has a Board of Directors (Management Committee), who are Trustees of the Charity, elected by the members at the Annual General Meeting where existing members of the Management Committee may stand for re-election.

Article 34 of The Articles of Association allows co-option by no more than 2 other persons by the Management Committee to service as full voting members.

Directors / Trustees normally have a specific interest in the transport provision regarding a geographical area of the City or a particular group of users.

Therefore, if resignation occurs which depletes the the key skills of the Board relating to transport, personnel or finance, the committee circulate that the Charity are looking for volunteers and also advertise through the volunteer bureau with a view to co-opting new Directors / Trustees.

Organisational structure

The company has a Board of Directors (Management Committee) who meet on a two monthly basis.

The Management Committee oversees the affairs of the organisation focusing on legal, technical, financial and operational aspects.

Key partners in the delivery of our services at present include the Local Authority and Nexus.

A Personnel Sub Group and Policy Sub Group are in place and their recommendations are brought forward to the Management Committee, at the two monthly meetings, for approval.

Day to day operation of the Charity is dealt with by the Chief Executive Office and Transport Manager who report directly to the Management Committee.

Induction and training of new trustees

As an introduction, new Directors / Trustees are provided with details of the services provided, copies of the minutes of recent meetings, the latest audited accounts and a copy of the publication "Responsibilities of Charity Trustees" issued by the Charity Commission.

A tour of the facilities and staff introductions is also arranged by the transport manager and administration officer.

Related parties

The trustees are related parties of the Company and no transactions were entered into between the trustees and the Company during the year.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

04691498 (England and Wales)

Registered Charity number

1099220

Registered office

11-12 Sandmere Road

Leechmere

Sunderland

Tyne and Wear

SR2 9TP

Trustees

P R Wood Trustee

I Galbraith Retired

C E Christopher Trustee

G Moon Director

During the financial year and up to the date of approval of the Trustees' report, an indemnity contained in the Charity's Articles of Association was in force for the benefit of the Trustees of the Charity, which was a qualifying indemnity provision of the purposes of the Companies Act 2006.

Company Secretary

M Fenwick

Independent Examiner

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

Bankers

HSBC Bank plc

Unit 49-51

The Bridges Shopping Centre

Sunderland

Tyne and Wear

SR1 3LE

Solicitors

O'Neill Richmonds Law Firm, Gosforth

SENIOR STAFF WITH DAY TO DAY MANAGEMENT

E Ward

M Fenwick

TRUSTEES RESPONSIBILITY STATEMENT

The trustees (who are also the directors of Compass Community Transport Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements the Trustees are required to;

- Select suitable accounting policies and then apply them consistently;

- Observe the methods and principles in the Charity SORP;

- Make judgements and estimates that are reasonable and prudent;

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006.

They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

- There is no information relevant to the independent examination of which the charitable company's auditors are aware; and

- The trustees have taken all steps that they ought to have taken to make themselves aware of any information relevant to the independent examination and to establish that the auditors are aware of that information.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 18 November 2025 and signed on its behalf by:

P R Wood - Trustee

Independent examiner's report to the trustees of Compass Community Transport Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

David Cook FCCA

TTR Barnes Limited

Chartered Accountants

3-5 Grange Terrace

Stockton Road

Sunderland

Tyne & Wear

SR2 7DG

19 November 2025

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

3

Travel by minibus

448,944

-

448,944

382,503

Investment income

2

602

-

602

542

Other income

80

-

80

-

Total

449,626

-

449,626

383,045

EXPENDITURE ON

Charitable activities

Travel by minibus

449,523

-

449,523

405,159

NET INCOME/(EXPENDITURE)

103

-

103

(22,114

)

RECONCILIATION OF FUNDS

Total funds brought forward

231,866

-

231,866

253,980

TOTAL FUNDS CARRIED FORWARD

231,969

-

231,969

231,866

2025

2024

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

10

208,749

-

208,749

188,080

CURRENT ASSETS

Debtors

11

26,907

-

26,907

31,471

Cash at bank and in hand

115,013

-

115,013

90,591

141,920

-

141,920

122,062

CREDITORS

Amounts falling due within one year

12

(69,295

)

-

(69,295

)

(46,555

)

NET CURRENT ASSETS

72,625

-

72,625

75,507

TOTAL ASSETS LESS CURRENT LIABILITIES

281,374

-

281,374

263,587

CREDITORS

Amounts falling due after more than one year

13

(49,405

)

-

(49,405

)

(31,721

)

NET ASSETS

231,969

-

231,969

231,866

FUNDS

16

Unrestricted funds

231,969

231,866

TOTAL FUNDS

231,969

231,866

The charitable 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 trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that 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 charitable 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 charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 18 November 2025 and were signed on its behalf by:

P R Wood - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have also been prepared on the going concern basis, which assumes that the company will continue in operational existence for the foreseeable future, which the trustees consider appropriate.

Income

Income from the supply of services is recognised with the delivery of the contracted service

provided that: the stage of the completion, the costs incurred in delivering the service and the costs to complete the requirements of the contract can all be measured reliably.

Membership subscriptions purchase the right to supply of services, with the incoming resource being recognised as income earned from the provision of services.

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

Income from interest is recognised when its receipt is probable and the amount receivable can be measured reliably. Interest is recognised using the effective interest method.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

10% on cost

Computer equipment

-

33% straight line

Tangible fixed assets are stated at historical cost, less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are recognised at transaction value and subsequently measured at their settlement value.

2.	INVESTMENT INCOME

2025

2024

£

£

Deposit account interest

602

542

3.	INCOME FROM CHARITABLE ACTIVITIES

2025

2024

Activity

£

£

Bus Hire

Travel by minibus

438,414

370,859

BSOG fuel rebates

Travel by minibus

10,530

11,644

448,944

382,503

4.	SUPPORT COSTS

Governance

costs

£

Travel by minibus

2,350

Support costs, included in the above, are as follows:

2025

2024

Travel by

Total

minibus

activities

£

£

Independent examiners fees

2,350

3,200

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

£

Depreciation - owned assets

37,443

29,196

Surplus/(deficit) on disposal of fixed assets

(1,862

)

2,346

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

7.	STAFF COSTS

2025

2024

£

£

Wages and salaries

236,056

209,527

Social security costs

8,958

7,620

Other pension costs

2,732

2,807

247,746

219,954

The average monthly number of employees during the year was as follows:

2025

2024

Average number of employees

17

15

No employees received emoluments in excess of £60,000.

The liability and expense for pension contributions are all allocated to the Travel by minibus activity, in unrestricted funds, as this is what they directly relate to.

During the year key management personnel received total remuneration and other benefits of £43,885 (2024- £41,551).

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

Travel by minibus

382,503

-

382,503

Investment income

542

-

542

Total

383,045

-

383,045

EXPENDITURE ON

Charitable activities

Travel by minibus

405,159

-

405,159

NET INCOME/(EXPENDITURE)

(22,114

)

-

(22,114

)

RECONCILIATION OF FUNDS

Total funds brought forward

253,980

-

253,980

TOTAL FUNDS CARRIED FORWARD

231,866

-

231,866

9.	AUDIT, INDEPENDENT EXAMINATION AND OTHER FINANCIAL SERVICES FEES

During the year the following fees were paid to TTR Barnes Limited (the Charities independent examiners).

2025

2024

£

£

Independent examiner fee

2,350

3,200

Assurance provided for BSOG Grant Claims

720

720

3,070

3,920

10.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,367

336,881

8,156

350,404

Additions

-

84,995

-

84,995

Disposals

-

(94,866

)

-

(94,866

)

At 31 March 2025

5,367

327,010

8,156

340,533

DEPRECIATION

At 1 April 2024

4,927

155,933

1,464

162,324

Charge for year

66

35,099

2,278

37,443

Eliminated on disposal

-

(67,983

)

-

(67,983

)

At 31 March 2025

4,993

123,049

3,742

131,784

NET BOOK VALUE

At 31 March 2025

374

203,961

4,414

208,749

At 31 March 2024

440

180,948

6,692

188,080

11.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,925

9,023

VAT

-

4,888

Prepayments

18,982

17,560

26,907

31,471

Debtors are measured on the basis of what will be recoverable in the future, discounted where material to present value.

12.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase (see note 14)

44,586

16,214

Trade creditors

17,145

22,089

Social security and other taxes

3,294

2,994

VAT

91

-

Accruals and deferred income

4,179

5,258

69,295

46,555

Creditors are measured on the basis of what will be payable in the future, discounted where material to present value.

13.	CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase (see note 14)

49,405

31,721

14.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2025

2024

£

£

Net obligations repayable:

Within one year

44,586

16,214

Between one and five years

49,405

31,721

93,991

47,935

Non-cancellable operating

leases

2025

2024

£

£

Within one year

39,000

39,000

Between one and five years

156,000

156,000

195,000

195,000

15.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

93,991

47,935

Hire purchase contracts are secured on the assets to which they relate.

16.	MOVEMENT IN FUNDS

Net

movement

At

At 1/4/24

in funds

31/3/25

£

£

£

Unrestricted funds

General fund

231,866

103

231,969

TOTAL FUNDS

231,866

103

231,969