FELIXSTOWE AREA COMMUNITY TRANSPORT LIMITED
FACTS Operates a number of wheelchair accessible vehicles. It is structured to provide various transport services for the benefit of those in Felixstowe and the greater Felixstowe peninsular that are in need of such services because of age, sickness, disability, poverty or because of the lack of adequate public services.
Financial health, per its FY2025 accounts
The accounts state that unrestricted reserves of £132,581 were maintained at the end of the year, which the Trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net income surplus of £39,526 against charitable expenditure of £125,267. The Trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future.
What the accounts disclose
“Income from: Donations and legacies 3 79,329 42,748 Charitable activities 4 85,464 71,372 Total income 164,793 114,120”
“It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure.” — page 4
Funders the charity credits
- The Fred Alford Trust
Register events
- Received assets from another charity (13/02/2023)
Trustees
- Ian Read
- John Smithson
- Nigel Hookway
- Robert Charles Nice
- Simon Jennings
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £165k | £125k |
| 31/03/2024 | £114k | £128k |
| 31/03/2023 | £145k | £118k |
| 31/03/2022 | £79k | £93k |
| 31/03/2021 | £88k | £84k |
Common questions
Is FELIXSTOWE AREA COMMUNITY TRANSPORT LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted reserves of £132,581 were maintained at the end of the year, which the Trustees consider sufficient to meet their policy target of three to six months' expenditure. The charity reported a net income surplus of £39,526 against charitable expenditure of £125,267. The Trustees confirmed the charity has adequate resources to continue in operational existence for the foreseeable future. Its FY2025 accounts were independently examined.
Who funds FELIXSTOWE AREA COMMUNITY TRANSPORT LIMITED?
Funders whose own accounts filings name FELIXSTOWE AREA COMMUNITY TRANSPORT LIMITED as a grant recipient include THE ALLEN LANE FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE ALLEN LANE FOUNDATION | FY2023 | £4k |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| Postcode Lottery | 03/01/2025 | £25k | Millionaire Street 2025 01w3 Year 1 |
| The National Lottery Community Fund | 15/09/2023 | £10k | Core Costs Funding |
| The National Lottery Community Fund | 23/09/2021 | £20k | Community Transport |
| The National Lottery Community Fund | 15/05/2020 | £10k | Felixstowe Area Community Transport |