MERTON COMMUNITY TRANSPORT

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Auditor

Hartley Fowler LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The trustees have undertaken a review of going concern and have put in place a set of guidelines, as set out in the reserves policy section of the Trustees Report, to mitigate any further reduction in the reserves of the charity. The trustees have agreed various options to replenish the reserves so as to ensure that the charity is a going concern, these options are noted in the Financial Review section of the Trustees Report.”

Significant events

• “MCT successfully secured funding through the Community Transport Association (CTA-UK) from the Department for Transport's (DFT) initiative to reduce loneliness across the UK, delivering the Loneliness and Isolation Project (LIP) and later expanding and rebranding to the Excursion Club "Out and About" with funding support from Merton Council's Civic Pride Fund.”
• “The growing demand for the Out and About Project clearly demonstrates its vital role in promoting social inclusion and enhancing the quality of life for Merton's older and disabled community. To meet this ongoing need, sustained funding will be essential to maintain and expand the service in future years.”
• “Vehicle replacement (Replacing all vehicles that do not meet the ULEZ required standard by October 2025). The extended ULEZ has accelerated MCT's phase-out of older minibuses through sales or scrapping, and by replacing them with new, compliant vehicles.”
• “MCT commissioned an extension to the Operations Team's office space by adding an office for the Deputy Chief Executive Officer.”
• “The Board worked with the CEO to develop a succession plan.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +27.3%

  £1,148,807 → £1,462,526

• Cash

  +108.7%

  £71,985 → £150,265

• Net assets

  +21.5%

  £285,682 → £347,206

  highest in 3 filed years

• Employees

  +16.7%

  36 → 42

  highest in 3 filed years

• Wages

  +34.5%

  £591,460 → £795,482

  highest in 3 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers