GREATER MANCHESTER ACCESSIBLE TRANSPORT LIMITED
Financial health, per its FY2023 accounts
The accounts state that the charity reported a net incoming resource of £18,645 for the year ended 31 March 2023, with total unrestricted funds of £2,963,118. The trustees note that while the policy to build unrestricted reserves to cover three months of costs cannot be sustained due to funding pressures, assets and future funds remain adequate to fulfill obligations subject to any future reduction in grant funding.
What the accounts disclose
“Due to pressure on funding, the policy to build unrestricted reserves to cover 3 months costs plus dilapidation liabilities cannot be sustained. Reserves will be utilised to meet vehicle replacement costs including technology and depreciation costs.”
“The charity's parent undertaking is Transport for Greater Manchester which is ultimately controlled by Greater Manchester Combined Authority ('GMCA'). GMCA exercise control over GMATL through Transport for Greater Manchester Committee who receive regular reports on and can question the operation of GMATL.” — page 35
“The wholly-owned trading subsidiary, Your Bus Limited, provided support services for the provision of accessible transport for the needs of people in Greater Manchester, until it ceased operations as at 31 March 2016.” — page 30
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (06/01/2016)
Trustees
- Greater Manchester Combined Authority
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £4.0m | £4.8m |
| 31/03/2024 | £4.0m | £4.5m |
| 31/03/2023 | £4.2m | £4.2m |
| 31/03/2022 | £4.2m | £3.9m |
| 31/03/2021 | £4.8m | £4.5m |
Common questions
Is GREATER MANCHESTER ACCESSIBLE TRANSPORT LIMITED financially healthy?
The accounts state that the charity reported a net incoming resource of £18,645 for the year ended 31 March 2023, with total unrestricted funds of £2,963,118. The trustees note that while the policy to build unrestricted reserves to cover three months of costs cannot be sustained due to funding pressures, assets and future funds remain adequate to fulfill obligations subject to any future reduction in grant funding. Its FY2023 accounts were audited by Azets Audit Services.