WEST NORFOLK COMMUNITY TRANSPORT PROJECT
Latest income
£2.7m
Latest spending
£2.6m
Registered
1998
Accounts read
FY2025
Financial health, per its FY2025 accounts
The accounts state that the charity has a healthy balance sheet with a substantial cash position and healthy liquidity. The trustees report that the organization has emerged from recent years in a relatively strong financial position, although they note ongoing challenges regarding fleet maintenance and the need to ensure underlying business sustainability.
What the accounts disclose
Governance: The document notes a governance issue regarding trustee numbers: 'as we are constituted at the moment following the resignation of Sue Fraser, we have just three trustees which is less than ideal.' However, this is a current state description rather than a past regulatory failure or late filing admission. No other serious governance flags (like regulator engagement or internal control failures) are explicitly stated.
“as we are constituted at the moment following the resignation of Sue Fraser, we have just three trustees which is less than ideal.”
Per its FY2025 accounts as filed with the Charity Commission.
Trading subsidiary: WNCT Limited
“West Norfolk Community Transport Project Limited and its subsidiary WNCT Limited.”
Per its FY2025 accounts as filed with the Charity Commission.
Structured financials (annual return, FY ending 31/03/2025)
Total income
£2.7m
Total spending
£2.6m
Reserves (reported)
£2.1m
Employees
70
Trustees
- NICHOLAS CLIVE SMITHchair
- Keith Leslie Shayshutt
- PETER BROWN
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £2.7m | £2.6m |
| 31/03/2024 | £2.6m | £2.4m |
| 31/03/2023 | £2.7m | £2.6m |
| 31/03/2022 | £2.7m | £2.5m |
| 31/03/2021 | £2.7m | £2.2m |
Common questions
Is WEST NORFOLK COMMUNITY TRANSPORT PROJECT financially healthy?
The accounts state that the charity has a healthy balance sheet with a substantial cash position and healthy liquidity. The trustees report that the organization has emerged from recent years in a relatively strong financial position, although they note ongoing challenges regarding fleet maintenance and the need to ensure underlying business sustainability.