Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
(Charity Registration No. 1008157)
Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
| Section | 1 | Reference and Administrative Details of the Charity, its Trustees and Advisors |
|---|---|---|
| 1.1 | Registered Name | |
| 1.2 | Registered Office | |
| 1.3 | Trustees | |
| 1.4 | Relevant Organisations | |
| Section | 2 | Structure, Governance and Management |
| 2.1 | Governing Document | |
| 2.2 | Recruitment and appointment of Trustees | |
| 2.3 | Policies and Procedures for Trustee Induction and Training | |
| Section | 3 | Objectives and Activities |
| Section | 4 | Financial Review |
| 4.1 | Overview of Bridgebuilder Trust’s Financial Position at 30 June 2020 | |
| 4.2 | Funds | |
| 4.3 | Reserves Policy | |
| 4.4 | Commentary | |
| Section | 5 | Plans for the Future |
| Section | 6 | Statement of Trustees’ Responsibilities |
| Section | 7 | Independent Examiner |
Statement of Financial Activities for the Year Ended 30[th] June 2021
Notes to the Accounts
Independent Examiner’s Report
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
The Trustees are pleased to present their report, with the independently examined financial statements of the charity, for the year ended 30[th] June 2021.
Section 1 Reference and Administrative Details of the Charity, its Trustees and Advisors
1.1 Registered Name
Milton Keynes Bridgebuilder Trust registered as a Charity on 13[th] February 1992. (Charity Registration No 1008157.)
1.2 Registered Office
Bridge House 1 Second Avenue Denbigh West Bletchley Milton Keynes MK1 1ED
1.3 Trustees
Trustees serving during the year and since the year ending 30[th] June 2021 were as follows:
Trevor Crowter Treasurer, Acting Chair to 1 September 2020 Rachel Foster from 2 July 2020 Andrew Gibbins from 4[th] October 2021 Charlotte Hampson from 4[th] October 2021 Alexandra Richardson to 14 December 2020 Secretary whilst a trustee Dale Small from 8 March 2021 Andrew Ware Secretary from 14 December 2020 Richard Wightman Chair from 1 September 2020 Magdalena Williams from 8 March 2021
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
1.4 Relevant Organisations
a: Independent Examiner:
Stephen Dunham 37 Watercress Way Broughton Milton Keynes MK10 7AJ
b:
Bankers:
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
c: Insurers:
Ecclesiastical Insurance Group plc, Montpellier House, Montpellier, Gloucester, GL1 1LF.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Section 2 Structure, Governance and Management
2.1 Governing Document
The Bridgebuilder Trust is governed by its Trust Deed dated 22[nd] August 1991.
2.2 Recruitment and Appointment of Trustees
The Governing Document provides that Trustees may invite new Trustees to fill vacancies. They will be subject to approval by the existing members of the Board of Trustees. There are a minimum of three and a maximum of ten trustees, and none may be remunerated.
2.3 Policies and Procedures for Trustee Induction and Training
New Trustees undergo an induction process and are encouraged to attend appropriate external training courses to facilitate the undertaking of their role. The Trustees normally hold four full meetings a year.
The charity is an associate member of Scripture Union.
Section 3 Objectives and Activities
We are a Christian charity which has been working in the primary and secondary schools of Milton Keynes since 1993. Our vision is: Engaging young people to explore faith and positive life choices.
Our mission is to build bridges between schools and the Christian community to enable young people to explore, be empowered, and engaged on Christian beliefs and values. These are amplified as follows:
Explore
We enable children and young people to explore the Christian faith and values from a personal perspective in accessible and memorable ways.
We communicate in a manner appropriate to pupils of all faiths or no faith, encouraging them to explore their own values and beliefs.
Empower
We seek to empower all children and young people regardless of faith or belief to think responsibly, reach their potential and make a positive impact on their surroundings.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
We help all children and young people to explore and talk about their Personal, Social, Health and Emotional well-being.
We empower young Christians to be confident in their faith and to be a positive influence.
Engage
We provide children and young people of all backgrounds with positive role models and support projects in schools by building bridges between schools and the Christian community.
We connect young people with the Christian community and broaden their horizons by developing opportunities to learn outside the classroom and to visit local churches.
Programmes
The programmes that we operate to achieve these aims are as follows:
M.O.U.S.E.
Year 6 road show led by young people to help children transition from primary school to secondary school.
Lifepath
An RE day out for years 4, 5 and 6 learning about a famous local Christian.
Prayer Spaces/Reflective Spaces
An opportunity to take time out to explore faith, values and spirituality.
Christmas and Easter Cracked
A Bridgebuilder resource for churches, so they can host Year 5 or 6 pupils in their church to learn about the meaning of Christmas and Easter.
Assemblies
Interactive and memorable presentations dealing with ethical and moral values.
Lessons
Interactive lessons that help children come to grips with the moral, ethical and spiritual issues that they face.
Emerge
An emotional literacy package, based on Christian faith and values, involving interactive sessions addressing issues such as conflict, anger management and self esteem that work well with small groups of students who find school life difficult. This can be used in the PSHE area of the curriculum.
Retreats
Full or half day retreats for students and/or staff.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Implementation of our programmes in the year under review
Due to the Covid 19 virus, this year our ability to carry out much of this agenda in person was much reduced.
However, we developed a substantially enhanced on-line service through our digital platform including the construction of a studio. Our in-person access to the schools is now improving but it is likely to continue to be much reduced from its pre Covid 19 levels for the next few months. We plan to offer in-person services in the future, where possible, and to supplement this with on-line material. We see our digital services as an important part of our overall offering for the future.
We have also developed a new six-part Emerge program, which we believe will be eagerly welcomed by schools in the aftermath of the Covid 19 lockdowns and the impact that had on schooling and the emotional health of school students.
Public benefit
The Trustees have taken account of the Charity Commission’s guidance on Public Benefit. Milton Keynes Bridgebuilder Trust provides a public benefit through supporting the Spiritual, Moral, Social and Cultural development of children and young people in Milton Keynes. We encourage students to think through issues such as fear, honesty, peer pressure, generosity, kindness and self esteem so they are able to build good character, reach their potential and positively impact the world.
Section 4 Financial Review
4.1 Overview of Milton Keynes Bridgebuilder Trust’s Financial Position at 30 June 2021
The accounts have been prepared on a receipts and payments basis. The main source of income is from donations from individuals and churches, with 59% of total voluntary income coming from individual donors. Fundraising activities are also conducted by volunteers and by staff.
The main expenditure of the charity relates to the salary costs for the staff, who are involved in the schools ministry, and the administration of the charity. Volunteers and the trustees are also involved in these activities.
4.2 Funds
Money given for a specific purpose is allocated to restricted funds.
The charity has a restricted fund for Hope MK, an event held annually for young people from 2013 to 2019. This restricted fund contained £7,102 on 30 June 2021. This fund is being held for use for Hope programmes in the future, or for events with similar aims. The charity also had a further restricted fund for the development of our
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Emerge programme. This contained £6,128 on 30 June 2020, which was fully used during the year in developing the more extensive Emerge program that we will now be offering to schools.
4.3 Reserves Policy
The Trustees aim to maintain free reserves in unrestricted funds of at least £30,000, to ensure that there are always sufficient funds to cover wind up costs.
4.5 Commentary
This year the donations we received from individuals and churches held up very well at a difficult time, for which we are very grateful. However, other income was sharply down, despite including some furlough payments and the availability of a generous grant for the Emerge program, which has now been used. We will need to rebuild our income quickly, or our ability to provide all our services will be constrained.
Section 5 Plans for the Future
The Trustees intend the Trust to carry on working in local schools among the young people of Milton Keynes, working in close conjunction with local churches. We plan to continue to offer services both in person and online.
We are also focussing on developing material on well-being and on subjects such as hope that help students connect the future and hope that can be found in Jesus with the pressures they are experiencing in daily life.
Due to the financial pressures and uncertainties of Covid we reduced our staffing levels slightly whilst we rebuilt the financial base of the charity. Following the year end, we have recruited an administrator to support Carol, our schools work team leader, which will free her for more work directly with schools, and have also recently recruited a part-time fund-raiser to increase the financial base and support of churches and individuals.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Section 6 Statement of Trustees’ Responsibilities
The Trustees are required to prepare financial statements for each year which give a proper view of the affairs of the Charity as at the end of the financial year and of its results for that period. In preparing those statements the Trustees are required to:
-
select appropriate accounting policies and apply them consistently;
-
make judgements that are reasonable and prudent;
-
state whether suitable accounting policies have been followed, subject to any departures disclosed and explained in the financial statements; and
-
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and enable them to ascertain that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charity and for financial information included on the charity’s website.
Section 7 Independent Examiner
Stephen Dunham was appointed as the independent examiner for the 2020/21 financial period.
Signed on behalf of the Trustees.
T E Crowter
Trevor Crowter
Treasurer
Date:
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Statement of Financial Activities for the Year Ended 30th June 2021
| Unrestricted | Unrestricted | Restricted | Total 2021 | Total 2020 | |
|---|---|---|---|---|---|
| Incoming Resources |
Funds | Funds | £ | £ | |
| £ | £ | ||||
| Incoming Resources from Generated | Funds: | ||||
| Church Gifts | 32,174 | 0 | 32,174 | 34,013 | |
| Individual Gifts | 44,530 | 240 | 44,770 | 43,413 | |
| Schools Donations | 2,360 | 0 | 2,360 | 1,521 | |
| Other Gifts | 0 | 0 | 0 | 0 | |
| Income Tax Recovered | 10,223 | 0 | 10,223 | 7,470 | |
| Furlough claims | 6,682 | 0 | 6,682 | 12,632 | |
| Activities for Generating Funds: | |||||
| Office Income | 98 | 0 | 98 | 84 | |
| Other Fundraising Activities | 1,353 | 0 | 1,353 | 19,914 | |
| Investment Income: | |||||
| Interest | 16 | 0 | 16 | 241 | |
| Incoming Resources from Charitable | Activities: | ||||
| Schools and Youth Activities | 0 | 0 | 0 | 5,799 | |
| Grants | 1 | 4,500 | 0 | 4,500 | 13,550 |
| Total Incoming Resources | 101,936 | 240 | 102,176 | 138,637 | |
| Resources Expended | |||||
| Costs of Generating Funds: | |||||
| Fundraising costs | 0 | 0 | 0 | 0 | |
| Total Costs of Activities | 0 | 0 | 0 | 0 | |
| Charitable Activities | |||||
| Schools Ministry Outreach | 2 | 101,984 | 6,127 | 108,111 | 130,297 |
| Governance Costs | 992 | 0 | 992 | 992 | |
| Total Resources Expended | 102,976 | 6,127 | 109,103 | 131,289 | |
| Net Incoming/(Outgoing) Resources | (1,040) | (5,887) | (6,927) | 7,348 | |
| Balance Brought Forward | 61,590 | 12,990 | 74,580 | 67,232 | |
| Balance Carried Forward | 60,550 | 7,103 | 67,653 | 74,580 |
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Balance Sheet as at 30th June 2021
| Fixed Assets Office Equipment 3 Total Fixed Assets Current Assets Current Accounts Business Reserve Account Cash Total Current Assets Total Liabilities Net Assets |
Unrestricted Funds Restricted Funds Total 2021 Total 2020 £ £ £ £ 0 0 0 0 |
|---|---|
| 0 0 0 0 20,406 7,103 27,509 34,473 40,000 0 40,000 40,000 144 0 144 107 |
|
| 60,550 7,103 67,653 74,580 |
|
| 0 0 0 0 |
|
| 60,550 7,103 67,653 74,580 |
Approved by Trustees on: 4[th] October 2021
Signed: 21[st] October 2021 Trevor Crowter, Date Treasurer
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Notes to the Accounts
Accounting policies
In preparing the accounts the following accounting policies have been complied with:
-
A) The accounts have been prepared on the historic cost convention under the Charities Act 2011 in accordance with applicable accounting standards and comply with the Charities (Accounts and Reports) Regulations 2008.
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B) All incoming resources are recognised on receipt. Resources expended are recognised on payment. Incoming and outgoing resources are shown gross.
1. Grants
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| General Grants | 4,500 | 13,550 |
2. Schools Ministry Outreach
| Employee Costs -Note 4 Staff Travel Conferences & Training Ministry Resources Volunteer Expenses Youth Events Rent, Insurance & Office Costs Subscriptions and Donations Digital Platform |
2021 £ 82,928 17 60 2,848 0 0 16,410 1,075 4,773 108,111 |
2020 £ 96,769 2,424 100 1,539 88 9,922 18,054 1,401 0 |
|---|---|---|
| 130,297 |
3. Office Equipment
Recently the office equipment purchased has been for modest amounts and has been charged at cost in the year of purchase. There are no longer any assets shown on the balance sheet for these items. The charity has no other fixed assets.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
4. Analysis of employee costs:
| Gross Salaries National Insurance – Employers Pensions |
2021 £ 74,449 1,610 6,869 82,928 |
2020 £ 83,996 3,583 9,190 |
|---|---|---|
| 96,769 |
No employee earned more than £60,000 and the average number of employees during the year 2021 was 3.4 (2020, 4.3).
A number of volunteers have supported the charity through the year in respect of schools ministry, fundraising and administration and no financial value has been included in these Accounts for their work. Without their
Trustee Expenses
During this year the charity did not pay any mileage expenses to the Trustees, nor any other expenses, except for reimbursements of the costs of certain small purchases on behalf of the trust.
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Milton Keynes Bridgebuilder Trust Report of the Trustees and Financial Statements for the year ended 30[th] June 2021
Independent examiner’s report to the trustees of Milton Keynes Bridgebuilder Trust
I report on the accounts of the Milton Keynes Bridgebuilder Trust (charity number 1008157) for the year ended 30 June 2021, which are set out on pages 1 to 13.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to :
- examine the accounts under section 145 of the 2011 Act;
● to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention:
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(1) which gives me reasonable cause to believe that in any material aspect the requirements:
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to keep accounting records in accordance with section 130 of the 2011 Act; and
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to prepare accounts which accord with the accounting records and comply with the accounting records of the 2011 Act
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Signed Date: 21[st] October 2021
Name: Stephen Dunham Relevant professional qualification or body: CIMA Address: 37 Watercress Way, Broughton, Milton Keynes MK10 7AJ Date:
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