2024-12-31-accounts

REGISTERED COMPANY NUMBEIL. 03061633 (England and Wale5) REGISTERED CHARITY NUMBER: 1051368 REPORT OFTHE TRUSTEE5 AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023 FOR BuRMAl￿oF￿$ COMMUN￿ PROJECTS Thomas Coombs Llmlted Chartered Accountsnts 3365 The Pentsgon Century Way Thorpe Park Leeds West Yorkshlre LS15 8ZB

BURMANTOFfs COMMUNITY PROJEcrs CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 1023 Pale Referen￿ and Administrthe Detalls Report ol the Trustees Statement of Trustee￿ Responslblfftle5 Independent Examlnerf5 Report io Stat•ment of Rnanclal Artlvltles li Balance Sheet 12 Cash Flt)w Statement 13 Ngtss to the Cash Flow Statement 14 Notes to the Flnan¢lal 5tstements 15 to 29

BURMANTOFTS COMMUNITY PROJECtS REFERENCE AND ADMINISThATIVE DEfAILS FOR THE YEAR ENDED DECEMBER 2023 TRiISTEES A E Heron Ichairl C M Bassant Ivke Chairl R L Andrews N Glbson Iresigned Iln1231 D FTaylor S W laines Iresi8ned 30151231 A Khan (appointed 28131231 S Mee50n A D Nicholl J H Smith D N OboiTr lappointed 30151231 M E Andrews (resigned iini231 COMPANySECR￿ARy J H Smith REGisfERED OFFICE St Agnes Church Hall 23 Shakespeare Close Leeds LS9 7UQ REGISTERED COMPANY NUMBER 03061633 (England and Wales) REGisfERED CHARITY NUMBER 1051368 INDEPENDENT EXAMINER Thomas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds Westyorkshire L515 8ZB BANKERS r8ln Monev 329 Hareh1115 Lane Leeds LS8 5BW Page I

BURMANTOFtS COMMUNITY PROJECTS REPORT TO THE TRUSTEES FOR THE YEAR ENDED 31sr DECEMBER 2023 The Trustees who are also diretttsrs of the charlty for the purposes of the C(Nnpanles Art 20061 present their report with the finantial statements of the charlty for the year ended 3151 DecÈmber 2023. The Trustees have adopted the provlslons of Accountlng and Reporting by Charities.. Statement of Recommended Practice applicable to charltles preparlng their accounts In accordante with the Flnanclal Reportlng Standard applicable in the UK and Republic of Ireland Icharities SORP IFRS 10211 leffectlve l January 20191. OBJECTIVES AND ACTIVITIES ThÈ charl lves Any Charitable purpose for the benefit for the community of Burmantofts. and its viclnlty wlthin the Clty of Leeds and throughout the UK in panicular the advancement of education. the protettion and pre5er¥ation of good health and the relief of poverty, deprivation, isolatlon, slckness and distress. What BurmantofLS Communit Pro. s does Bunnarrtofts Community Project5 IBCPI 15 an independent charity based In Leeds. From its small, local beginnings back In 1987 it h35 become a prominent provider of free legal debt advice. money guidance an(J benefits claim 5UPPQrt throughout Leeds as well as trainin8 and consultin8 to or8anlsatlons nationalty- The nee(1 we addre55 Is the allevlatlon of debt and poverty in Leeds and the UK. The malority of our clients live In areas of highest deprivation in Leeds, many of whlch are In the top 1% of area5 of highest deprlvation In England. The dernand for our servKe5 has never been higher continues to increase. We are recognlsed by our partners as experts in helping people who are in chaos or crlsls and the most vulnerable In 50clety, We have a reputation for resolvin8 complex issues and recelve a large volume of referrals from Citizens Advice, Leeds City Countil, Department of Work and Pensions IDWPI and 5oclal Prescrlber5 on behalf of GPS and mental health tharities. Our work has attracted interest and reco8nition from the money advice sector as well as polltlclans across the spectrum (locally and nationallyl. Money and Penslons Servlce IMaPSI and Advice UK. We are authorised by the Financial Condutt Authority IFCAI and hold the Ad￿ce Quality standard at Generalist level. How we su rt our cllents and rtners To achieve our aims there are turrently several service streams. all of whlch dovetall to provlde a seamless overall seNlce experience for ¢llents.' btAdvke {Ebor Gardens Athilce Centre)- legal and holistic debt advice including Debt Relief Order5, bankruptcy, In501vency and court representstion Money Buddles- financial capability. well-being and emèr8enc¥ debt advice delivered in hubs throughout Leeds, In NHS hospitals and in Food Banks Benefft Buddles - helping complete benefit application5 and 8uidinE clients through the complexlty of claims Including attending assessments and appeals at tribunal Ener8y AdVI￿- provide advice on energy issues through the Energy Redress scheme Fuel Vouchers- d15tribute fuel vouchers to clients who cannot top up their meters Food Vouchers- distrlbute food vouchers to clients who have no food Debt Relief Order Fund- pald for cllenvs fee for Debt Relief Orders. where theywere flnanclally ellglble The Money Buddle5 Network consultinB, 5upervisin8 and trainin8 3rd sector, local authgrltles and debt advlce agencles throuBhout the UK on how to dellver financlal capabllity 5eNices Page 2

BURMANTOFTS COMMUNITY PROJEcrs REPORT TO THE TRUSTEES FOR THE YEAR ENDED 315f OECEM8ER 2023 Our Im l. Re(kKed Indebtedness and Improvln8 flnanclal outcomes 5tstlstlcs DIIOIIZ02>3111212023 by wrvi¢¢ stream Money Buddles 3,554 £10,848.520 Benefit Buddles 1,422 £6.289A18 Debt Advlce 1.588 £7,378,462 Cllents helped nanclal galn5 Averdge financlal galn per client £3,052 E4A23 £4,646 In addition to the above we a150 helped 5,994 cllents by slgnposting them to or8anlsatlons better suited to their enqulrles, e.g. houslng advi￿. The cost-of-livin8 crisis continued tt) 5i8nificantly affect the people using our Se￿1￿5. with m05t of them being left with deficit budgets, and needing fwd banks and fuel vouchers. Average financial gains per client have significantly increased Dver 2022, partty reflecting the increased level of issues clients were facing. On occaslons in 2023 we were re￿IVing over 20 referrals a day, and we saw increases in cases of safeguardin& people feellng domèstic abuse and people in emergency homelessness situations. Complex caseworl accompanied with people fa¢in8 mental health challenge5. remained significantty high. Money Buddles thnanclal capabl11ty Improvements- upllft Flnandal Capablllty Area Inilial average score lout of 101 Hnal average score {out of 10) Uplfft loutof 10) Budgeting Feeling In control of monev Mentsl health easedllmproved Optimlsm for the future Understanding my money better Most of our cllents in 2023 had debt Issues and, as with the previous year. they continued to experience hish levels of anxiety and stress. exacert)ated by complexlties of their case5, housing concerns. people feeling suicidal and safeguardlng Issues. All of this ¢ontributed to the severity of their mental health challenges. The uplift lout of tenlls a relatlvely hlgh Increase and indicates the people we help fell the service had made a dlfference to them. BCVS performance and activities continued to build in 2023, when we.. Engaged and 5UPPOrted Leeds City Council with the Household Support Scheme and Enerbry Redress by distriblrting over £92,700 in food and fvel Vouchers and wider essentials to vul￿rable people. Knowing that familie5 could stsy warrn for longer and fted their chilijren was rewarding for all our stsff, who quite reBularly went more than the extra mile to help people. Provlded popup outreach Services at Post-offices in Leeds. Provided a Debt Relief Order service, which contributed to the payment of Debt Relief Orders for those who qualified. EnBaged with Local Councillors and created a direct pathway for them to refer to the Money Buddy services. Led and chaired the Leeds Debt Forum at the St George's Centre in Leeds, where Rachel Reevès IMPI attended to lend her Support to the work that we do in Leeds. Continued to chair the Leed5 and West Yorkshire DebtAdvice Netv￿rk. Revamped the Money Buddy trainin8 progrdmme. for both internal and external traininB QPPOrtunities. Pa55ed the Advice Quality Standard5 IAQSI audlL wlth mlnlmal adjustments. Passed the MaPS Quality Standards audits. Reviewed Debt Advice and related services in relation to the FCA'S new Consumer Duty requirements to ensure we are dellverlng good outcome5 for our clients. Page 3

BURMANTOFfs COMMUNITY PROJEcrs REPORTTO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 2. Improvlngour cU8ntÈ' haalth, well-be1￿ and optlmlsm, halplnq create 8p•¢e for future plannlng and acc8sslbllfty One of our mlssions is to get to the root cause of poverty, deprivation and isolation, and 8ddr888 It. Our Money Budd168 and Benefit Buddies outreach services are 211 face to f8C8 and demand for hélp often exceeds our capgcity. Our debt alfvicè seNices 8r8 delivered by face-to-face. telephone or digital options depending on what people accessing the service want or neeL1. We found thatfinancial phobia is on the incre55e and after supportfrom our Money Buddles, Benefit Buddies 8nd Debt Advisers. the peopLe we helped yvere reporting they were experiencing less stress and anxiety, and were feeling less suicidal. where the root cause of their problern5 was theirfin8nci81 circurn5tances before they sought help from us. Our being able to providg solutions to the problems that people were presenting with. had 8 huge ￿sitIve impact and peop18 told u5 they were more optimistic for the future which we noted from Dur clientfeedback records. Our website was developed 80 that it can be read in m8ny different languages. 8nd we can be 8ccessed vi8 tel8phone. face to face eppointment. Microsoft Teams virtual meeting, email. post 8nd tace-to-face drop-in as well as using the website contact forms. We have a diverse st8ff that can speak many different languages and we also havè access to Language Line for Maps funded cases. 3. Contrlbutlngto Laeds's flnanolol In¢lu¥lon stratw and eoliaboratlvo p•rtnernhip workln¥ We contlnued to work c1058ly with the local authority's Flngnc181 Inclusion Steering Group and partners 8Gross the clty to ontribute to tha city's 5tr8tegic 8pproach In th8 allevigtion of debtand poverty. For example. we ch8ired the ciwlde Leeds Debt Forum in November 2023. whlch brings multiple organis8tions together to act as 8 voice for the vulner8ble 8nd tho8è in poverty. We regularly had a pr886nce gt Lgeds Clty Council's Financiol Inclusion St8ering Group's quart8rly meetings, which guide the Councll's dlrectlon and priorities. In addition we chaiT the Leed8 and West Yorkshir8 Debt Advlce Nemrk, a renowned pressure group. which brings front Ilne debt advisers together 80 they Can eoLi8borate wlth each other in mangging demand for seNices as weil as working wlth the Local Authority in tockilng debt. povèrty and Isol8tton. 4. Soclal justice and pollcy chan16 at nadonal 18vo1 Throughout 2023 we co118t8d case studies where we fett that therè was soclal Inlustlca, and we used social media and contscts with our local MP8 to C8mpaign for change, W8 workad closely wlth AdvlceUK and Citizens Advlce on their c8mpalgns for chang8 and we worked closely wlth We Are Debt Advisors, who aL80 C8mp8igned for change when it c£mè to fundSng debt athice. Wè contlnued to have 8 good relationship with thè local MPS. who would often touch base wlth us to leorn from what W8 W8rè seèing 8t ground roots level. as well as work closely wfth our partners in Leeds who were seeing simSlar188ue8. In 2023 wè took part In programmes of a lew national media outlets, Including You and Yours on Radio 2, to help g8t the message across of the social Inlustrce that pèoplè we helped were Seeing, os the cost-of-lwingcrisiswas hitting all our cllents very hard. Th8 quality of advice and support we provide is what we take great pride in. Hamng developed a nation818w8rd-winningfinancial capability project in Money Buddies. working with local and national politicians to imprDve the lives of the vulnerable and in crrsis we have applled our learnings to develop new projects such as Benefit Buddies. The work we do 18 what is importantto U3. Sorr of the awards we h8ve r8c8ived are: Winner In8titute of Money Advisers- Best New Financial Capability Project2014 Winner Centre for Social Ju5tice- Debt 2017 Winner Institute of Money Advisers- Money Adviser 2019 Runner up Institute of Money Advisers- Best Financi8L Capabilty Project 2019 Runner up Institut8 of Money Advisers- Best Pertnership Working 2019 Runner up Institute of Monoy Advisers- Best Partnership Working2022 Runner up Institute of Money Advisers- Best FinanGial Capability Projert2022 Wlnner Instrtute of MoneyAdviser¥- Best Debt Te8m 2022 Page 4

8URMANTOFTS COMMUNITY PROJECTS REPORT TO THE TRUSTEES FOR THE YEAR ENDEO 31ST DECEMBER 2023 The ¢harlt s maln actfvltlés In 2023 In 2023 as we had just about recovered from the impact of the 202012021 pandemlc and services were now fully resumed throughout Leeils, with the Benefit Buddles service in full 5wlngt our debt advlce service contlnued to be delivered both face-to-lace and over the telephone, wlth only the odd servicè not runnln8 because of covid. However, following the pandemic the cost-of-living crisls hot hard with more people presentlng wlth deflclt budgets and stlll needing the face-tTrface debt advlce services. C35es remalned more complex to manage than prlor to the pandemit, as the country was heading for ? recesslon and even more safeguardlng Issues presented them5elve5. Houslng and homele5sne55 Issues were on the rise, and more people presented wlth sulcldal thoughts and slgnificant mentsl health challenge5. All of thls also impacted on the staff dellverln8 the service5. We were able to offer both fuel and food vouchers to our dlents wlth not enou8h money to Ilve on throuBh other projects (such as Household Support Fund and the last of Energy Savlngs Trustl, although this had a s￿Ificant impact on the amount of work needing to be done In relatlon to admini5tratlon of the varlous projects. In the early part of 2023 we had a waiting Ilst of up to 140 people, because all advSce services in Leeds were overvlhelmed and clients inslsted that they Stayed en our waitlng Ilst despite kr•)wing it would be some tlme before they could be seen. Durlng 2023 we took the declslon to close the waltlng11st and book appointments ts¥o weeks in advance, whlch was conslstent with what our colleagues workinB for other seNices were dolng In Leeds. Through the Leeds and West Yorkshire Debt Advlce Network all front-line money advisers had built up a good working relationship with each other and we were able to collaborate on sharing the workload when we were oversubscrlbed. This arrangement worked very well and helped us all manaBe the demand on our seNl¢es. We stsrted the year wlth 20 member5 of staff, 3nd thls soon Increased to 23. We malntsined that stsffing level and In addition to havlng one long stsndlng Money Buddy volunteer, we also had two other volunteers to WO￿ alon8side Money Buddles and Benefit Buddle> By the end of December 2023 we were dellverlnÉ services in 33 sltes across Leed5, a5 well as rernotely over the phone and from the central hub. We are stlll Short of space at the central hub where we are based, and the stsff remain worklng In a rots so as to manage numbers In the bulldlng. Even though we were through the pandemic, we also stlll had preventative measures In place Ilncludlng risk assessments) to protect staff and people accesslng the service. Hybrid workin8 and the use of digital technology has become the new normal for stsff whilst we find larger appropriate prernise5. All prolects continued to over-perform In relation to the number of pecfjle that we We￿ expected to help. In addltson to the exceptional performance on quantity, the last quallty a￿lIt of our debt advice servlce In December 2023 evidenced we were meeting 93% on our quality of advlce, which is over targeL The Money and Pensions Servlce IMaPSI funding Continued to be a challenge, even though there was confirmation of fundlng for debt advice services commencln8 from 1st February 2023 for 26 months. The funding level remaSned the same meanlnB a IO% cut In real tem)s. as salaries and costs had Increased in line wlth Inflatlon. It did not provide etwugh to fully cover stsff 5alarle5 ?nd we had to fund some of thls from our reserwes. We were fortunate to be able to do this in 2023, and we lost no MaPS funded advlser hour4 but thlsls a challenge to continue doing as our unrestricted reserves are limited. We continLted to use social media, includlng tskln8 part in interviews on varlous natlonal and local TV news programme5, plu5 attended and supporteil the We Are Debt Advlsers campaign group, AdVI￿vK meetlnBs and Maps Advlsory Groups with a view to try and influence positive changes to the MaPS contrart. We also met regularty with MaPS to tslk about the fundin8 challenges that the contract wa5 presenting, especially around the fact It was not er￿ugh to pay for all the salarie5 to run the project. Whilst some of thls work prove(I beneficial and some pre55ure was taken off the extensive quality of advice measures and revlews, the impact on the new contract wasrft as mueh as we would Ilke to have seen. Fundingfor the debt advice Sector contlnues to be a concern. As the MaPS fvndlng had so many challenges over the past few years, many debt advisers left the sertor. On one of our retruitment drlves for debt advisets, we saw no application5 at all for the debt advlser role. Through the natlonal meetlng groups that we attended we learned that th15 was in line with what other or8anlsatlons in the sector were facln& both locally and natlonally. Page 5

BURMANTOFfs COMMUNITY PROJEcrs REPORTTO THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2023 Benefit Buddie5 was in Its final year of the BIB Lottery fundlnL whlch we were able to extend by three months untll the end of November 2023. This 15 a prolect that wa5 in a great deal of demand, which we We￿ able to support with dedicated volunteers as well a5 pald staff. The project wa5 very successful, making a huge impact on people's live5 wlth significant financial gains. In comparison to the Money Buddie5 project the Benefit Buddies project was relatively small but wtth big L)Utcomes. At the end of the project in November 2023 the performance of thi5 project was at 150% of ta￿et. We managed to retain the full staff team within the organisation. including some redeploymenL Money Buddies. main Leeds City Council project funding changed during 2023. as it moved from Area Committee funding to grarrt fiJr¥Jing from Leeds City Council. Some of the Area CommSttee Money Buddy services were front-loaded financially by BCP. The move to central council gtant funding Éave us more Stability for the main Money Buddy project, which was needed, however, the funding was only for one year (until the end of March 20241. Thi5 meant that we were still having to fundraise for the main Money Buddy project year on year. In terms of performance, all the Money Buddy funded projects ex￿￿ed their targets, with the Trussell Tmst fvnded Money Buddy projert endin8 the year at over 198% of target. Money Buddy tralning was revamped in 2023. expandSng frorn a two-day tralning course to a four-day tralnlng course. The revamp of the training meant that we could go Into more detsil, incorporating prlnclples and value5 more, and cornplimenting It wlth a training k￿klet and homework. Feedback on the trainin8 wa5 that It was very good, and It covered 311 the attien5 a Money Buddy wa5 required to tske. We had recruited a Training and Development Manager who oversaw all the tralning of the staff and volunteer5 in 2023 and who delfvered the Money Buddy trainin8 face to face. FINANCIAL REVIEW The financial ststements comply wlth the Companles Att and the Ststement of Recommended Practlce on Account1￿ by Charlttes and the condition5 In the Companvs Memorandum and Articles of Association. The movement In funds is shown on the Ststsment of Financlal A(￿vItIeS on page 11. The charity's total Income for the financlal year was £886WJ912022- £1,122.4681. Total expendlture was £1,022,20412022- £869.3231 resulting In a deficit for the year of £135,30512022 yielded a surplus of £253,145). The charity continued to face the challenge5 of 5ecurln8 long term and more general funding. We continue to work towards diversifying our fundin& so that we are not totally reliant on one source of funding, but the demand for funding has increased across the advice sector and fundin8 available 15 unfortunately limited. Redurtion5 in over311 fvnding secured as at the end of 2023 meant the charlty madè the dlfficult decision to restructure in early 2024 $0 the charity could continue and funded services were maintained. Roserves The charitys free reserves. excludingfixed assets. Otthe ye8rend wer8 £85.164. The chaiity has resolved to maintain B particular fund level Itermed "Emergency Reservas.) amountlng 8t present to g mlnimum of £68.459 to meet estim8ted Glo¥ure costs, including rerjundancy costs. of the charity. The ch8rity 1$ dependent on funding to sualn its actlvitles, as eamed income 8lone i¥ unlikely to allow its projects to contlnu8 In operation in the event of funding Geo8ing or belng substantially reduced foi whatever reoson. The charity h88 th8refcre deoided that It should aspire to hold unrestrirted funds. in addltlon to the ebove emergèncy reserves. amounting to not le83 than thr8e months, runnlng costs. When compared to expenditure for 2023, estlmated running costs for 3 months total £200,000. Page 6

8URMANTOFTS COMMUNifi PROJEcrs REPORT TO THE TRusfEES FOR THE YEAR ENDED 31ST DECEMBER 2023 FUTLIRE PLANS Firstly, we alm to maintaln the flnanclal stability of the Charity. We will also contlnue to listen to our cllents to adopt new ways and enhance exlstlng ways to help them. To help us to do this we will look to: Dlversify income - Some of our service5 are funded by a sln8le organlsatlon. and if we 105t that fundin8 then the whole seryice would be put at rlsk. Therefore, we alm to have our servlces funded by as many funders as possible. Imwove fundlnB for our core funrtlons- While we have proSect-specific fundlng we have a shortage of core funds to deal with the Challenges of growth and manage fluttuations in projert funding. We wlll contlnue to seek fundlng for core functions. Expand our seThlces Ihroughout Le•ds and West Yorkshlre - WÈ would l(M)k to expand our 5eNlces throughout Leed5 ath potsntially West Yorkshlre. We would also seek fundlng to expand our portfolio of 5ervlces such as Housing and Employment advi￿. Introd￿Ce 'Bud8et Mastèrs, (Flnanclal Capablllty} tralnln8- Also known as Money Buddy training, this would be for the public and other organisations, and we would consider worklng more closely wlth employers to provide tralnlnB. xpand our Money Buddle5 Network- We aim to fvrther develop our Money Buddles Network throuBhout the UK. Thi5 could be In terms of con5ultancyi tralnlng, or supervls10n, Ensure our stsff contlnu• to have annual appralsals eath year and Per50nal Development Pl4ns are revSewed regularly- We belleve it is important staff are properly tralned In accordan￿ with trainlng needs identified In 121s and appraisals, and they are paid approprlately for their skills, experlence and hard work. Refresh our iechnlcal equlpment and explore new ways of utlllslTrg tethrrf>logy-This will help to make our service5 more efficient. We will improve our website and client access to their cases vla AdvlcePro. which is overseen by adviser5, a5 well as train Monev Buddles to help clients input thelr data. Expand our use of soclal, local Ind natlonal medla-This will help us In promoting our 5ervlces. and will Include Crea￿n8 a Monev Buddy Unke¢11n account. Dlverslfy our Trustee Board- We wlll conduct a new skills audlt and recruit Trustee Board members to fbll any Identified Trustee Board skllls gaps as well as from the local communlty or wlth lived experlence. STrUCTURE, 60VERNANCE AND MANAGEMENT Governkn document The legal status of Burmantofts Community Pfolects15 that of a Company Limlted by Guardntee e5tabli5hed on 22ThJ May 1995. The company 15 ￿gIStered as a charity under The Charlties Att 2011 and Is Bovemed by its Memorandum and Artlcles of Association as amended by spedal resolutlons on 29th September 1995, 11th April 2011 and AprS12018. A revlew gf the Artlcles to ensure they continue to meet the needs of the charity is nearlng completion. This has not resulted in significant changes belng proposed to the framewo￿, but some artlcles have been clarlfled and terminology updated. The members of the charlty are the current Trustees as named on the Referen￿ and Administrative Detslls page. The maximum ￿abilIty of each member is limlted to £1. Page 7

BURMANTOFTS COMMUNITY PROJEcrs REPORT TO THE TRUSTEES FOR THE YEAR ENDED 315T DECEMBER 2023 Th Trustee Board The charity is 8ovemed through a Trustee Board. which meets every two months as well as holdlng addltlonal shorter meetlngs on speclflc subject areas when required. There are also Committees to support the Trustee Board In meetlng its responsibilities. Day to day runnlng of the organlsatlon 15 delegated to the Chief Executlve and BCP Senior Leadership Team. Key management remuneration is set by the Trustees and reviewed on an annual b3515. The Trustees who have held offlce during the year are set out on the Reference and Administrative Detslls page. All Twstee$ give their time in this capacity voluntarily. We recruited 2 new Trustees In 2023 but we10st 3 Trustees includlng 2 long-stsndingTrustees. one of whom had been the Chalr. A new Chalr was appolntsd by the Trustee Board In July 2023. We will seek to recruit further Trustees to flll sk1115 gaps and diverslfy our Board, along with developlnB a tralnlng programme for the currentTrustees. We have 9 Trustee5 at present. Individua15 Intsrested In becoming Trustees are Invlted to Soln board meetlnss, initially as observers, Individua15 who exhibit ski115 5uitsble for the charSty and show a tontinued interest In the acilvltle5 Of the charity are then invlted to become a Trustee and are provided with Charity Commission publlcatlons on the responsibilities of a Trustse. The Board of Trustees continued to work effectively In 2023. A schedule of Matters Reserved for the Board Is In place together with a Scheme of OelegatSon for activitie5 delegated to the Commtttees and Chlef Executive. An effectlveness revlew ot governance actlvities was commenced in lats 2023, engaglng a third party organisation. and was completed In early 2024. Thls showed BCVS overall 8¢)vemance effertlvene5s wa5 good in ccmparlson to other charitsbk organisations. with areas of key focus being finantial stability. Board composltlon and use of dSgitsl media. Related rtles Any Indlvldual wlth an interest in a matter belng dlscussed at a meetlng must declare the Interest to the meeting. The chair of the meeting will then decide whether that individual should wlthdraw durlng the dlscusslon and, if noL whether the Indlvldual should be entitled to vote on the matter under dlscussion. Rlsk mana ment The Trustees have examined the major strateglc, buslness operational risks whlch the charlty faces and confirm that 5V5tems have been established to enable regular reports to be produced $0 that the necessary steps can be taken to lessen these rlsks. Report of the Trustees, Incorporatlng a Strategic report approved by order of the Board of Trustees, a5 the company directors. on Iyh September 2024 and signed on the Board's behalf bv: A E Heron- Trustee and Chair J H Smith-Tru5tee and Treasurer Pa8e 8

BURMANTOFTS COMMUNITY PROJE￿5 STATEMENT OF TRUSTEES, RESPONSIBILITIES sTATEm￿￿oF TRUSTEES, RESPONSIBILITIES The Trustees (who are also the dlrectors of Burmantofts Communlty Projects for the purposes of company lawl are responsible for preparfng the Report of the Trustees and the financial statements in accordance with appllcable law and Unlted Klngdorn ￿cOuntIng Stst)dards Iunlted Xingdom Generally Acceptsd AccountinB Practlcel. Company law requires the Trustees to prepare flnanclal statements for each financial year which 8lvè a true and fair view of the state of ffairs of the charltable company and of the Incomln8 resources and application of resources, Includlng the income and expenditure, of the charitable company for that perlod. In preparing t￿ fSnan¢ial ststements. the Tru5tee5 are required to.. select suitsble accountlng polities and then apply them conslstently; observe the methods and princlples in the CharitiesSORP: make ludgemernts and estlmates that are reasonable and prudent. state whether applicable accountlng standards have been followed, SLtbJect to any materlal departures dlK105ed and explalned In the flnancial statements,. prepare the financial 5tatsrnents on the golnB toncern basls unless it is inappropriate to presume that the charbtsble Company wlll continue in buslness. The Trustees are responsSble for keeping proper accounting records whkh disclose wlth reasonable accuTrcy at any time the flnantial positlon of the charStsble company and to enable them to ensure that the flnanclal statements comply with the Companies Act 2006. They are also responslble for safeguardin8 the assets of the charitable company and hence for taking reasonable steps for the preventlon and detection of fraud and other irreBularltie& Page 9

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF BURMANTOFfs COMMUNITY PROJEcrs Independent examlner's report to the trustees of Bumiantofts Con￿unIty Projects {'the Company'l I report to the charlty tvustees on my oxamination of the accounts of the Company for the year ended 315t December 2023. Reswnslbllltles and basls of report As the charity'5 trustees of the Company land also Its dlrectors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your Chari￿s accounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying Out my exarnlnatton I have followed the Dlrettlons given by the Charlty Commission under Sectlon 145151 Ibl of the 2011 Att. Indtyendent exaffllner'$ 5tstement I have completed my examination. I conflrm that no matters have come to my attention In connectlon with the examln*lon glvlng me tause to believe.. accounting recorés were not kept in respett of the Company as requlred by Sectlon 386 of the 2￿6 Att; or the accounts do not accord with those records- or the accounts do not comply with the accounting requirements of Section 396 of the 2QJ6 Act other than any requirement that the account5 give a true and fair view which is not a matter considered as part of an independent examination; or the accounts havÈ not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for accounting and reporting by charitles (applicable to charities preparing their accounts in accordance with the Financial Reporting Stondard applicable In the UK and Republic of Ireland IFRS 10211. I have no concerns and have come across no other matters In cgnnectlon wfth the examination to which attentlon should be drawn in this report In order to enable a proper understandlng of the accounts to be reaehed. Chrlstopher Danwin FG4 Thornas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West YoTkshire LS15 8ZB Date.. 19th September 2024 Page 10

BURMANTOFTS COMMUNITY PROJEcrs STATEMENT OF FINANCIAL AcllviTIES FOR THE YEAR ENDED 31ST DECEMBER 2023 2022 Totsl fvnds Unrestrlcted fund Restricted fvnds Totsl lunds Note5 INCOME AND ENDOWMENTS FROM onations and legacies 13,131 53.716 Charltsble a￿1vItIeS Grant makin8 873.768 873.768 1,068,752 Totsl 873,768 886,899 1,122A68 ExpEND￿vRE ON Charltsble artivitles Community Work 46,669 975,535 1,022,Z04 869,323 NET INCOMEIIEXPENDITUREI Transftss between fund5 (33,538) 11,836) 1101,7671 1,8Y6 1135,3051 253,145 Net M¢)vement kn funds 135,3741 (99,9311 1135,3051 253,145 RECONCIUATION OF FUNDS Total funds brou8ht forward 0,951 32&595 459,546 206AOI TOTAL FUNDS CARRIED FORWARD 95￿77 324241 459,546 The note5 form part of these financial Statements Page 11

BURMANTOFfs COMMUNITY PROJEcrs BALANCE SHEET 31ST DECEMBER 2023 2023 Totil funds 2022 Total funds Unrestrlcted fund Restrlcted fiJnds Notes FIXED ASSET5 Tangible assets li 10013 10013 9,713 CURRENT ASSETS Debtors Cash at bank and In hand 12 742 85,722 113,564 115,100 116,306 88,068 371,365 88A64 228,664 317,128 459,433 CIIEDITORS Amounts falllng due withln one year 13 13,3001 13,300) 19.6CKII NET CURRENT ASSETS 85,164 228,664 313,828 449.833 TOTALASSETS LESS CURRENT LIABILITIES 95A 218,664 324.241 459,546 NET ASSETS 228,664 324,241 459,546 FUNDS Unrestricted funds Restricted funds 15 95,577 228,664 130,951 328,595 TOTAL FUNDS 324,241 459.546 The charitable company is entitled to exemptlon from audlt under Sectlon 477 of the Companie5 Act 2006 for the year ended 315t December 2023. The members have not required the company to obydin an audlt of its financlal statements for the year ended 31st December 2023 In accordance with Sectlon 476 of the Companle5 Act 2CQ6. The trustees acknowledge thelr responsibilities for lal ensurlng that the charitable company keeps accountln8 records that comply wlth Sectlons 386 and 387 of the Companies Act 2[￿ and preparing financial statements which glve a true and f3lr view of the stste of affairs of the charltable Com￿nY as at the end of each financial year and of Its surplus or deflclt for each flnancial year in accordance with the requlrements of Sections 394 and 395 and whlch othe￿iSe CDmply wllh the requirements of Companies Act 2006 relating to financial ststements, so far as applicable to the charitsble company. Ibl The financial statements were approved by the Board of Trustees and authorised for Issue on 19th September 2024 and were SIBned on its behalf by. A E Heron- Trustee and Chair J H Smith-Trustee and Treasurer The notss form part Df these financial statements Page 12

BURMANTOFTS COMMUNITY PROJEcrs CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2025 2023 2022 Notss Cash flows from operatl)g artlvltles Cash genèrated from operatlons 1163,Z36) 221,220 Net cash lused Inl/provlded by operatin8 actlvltles 1163.236) 221.220 Cash flows from Investlng actlvltles Purchase of tan8ible flxed assets 13,2971 Net cash used in investlng actlvltles 17,3071 13.2971 Change kn cash and cash equivalents ITr the reportlng perlod Cash and cash equlvalents at the be8lnnh¥of the reportins period 1170.543) 217,923 371.365 153A42 Cash and cash equlvalents at the end of the reportlng pwlod 371,365 The notes form part of these financ131 statements Page 13

BURMANTOFfs COMMUNITY PROJECTS NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2023 RECOKIUATION OF NET IEXPENDITUREVINCOME TO NET CASH FLOW FROM OPERATING AcfiviTIE5 2023 2022 Net lexpendlturelllncome for the reportlng perlod las per the Statement of Hnancial Attlvhles) AdlustmÈnts for: Depreciation charges Increase in debtors 10ec￿a5el1lncrease in creditors 1135.305) 253.145 607 128,2381 16.3001 4.855 144.8201 8.040 Nel ￿$h lused inllprovlded by operadons 1163,236) 221,220 ANALYSIS OF CHANGES IN NEf FUNDS At 111123 Cash flow At 31112123 Net cash Cash at bank and in hand 371,365 1170,5431 371,365 1170 543) 200,822 Totsl 371,Y65 1170,5431 200,822 The note5 form part of these financial statements Page 14

BURMAriroFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 202a ACCOUNTING POLICIES Basls ol preparlng the financial ststsments The financial statements. of the charltable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reportin8 by Charities: Statement of RecommeThle(I Prarti applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable In the UK and Republic of Ireland IFRS 1021 (effective l January 20191.. Financial Reporting Standard 102 The Financizl Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 21))6. The financial statements have been prepared under the historical ￿5t convention. The trustees consider that there arè no material unceTtsinties about the Charity's ability to continue for a period of not les5 than 12 month5 from the date of the approval of the financial ststements. AccOrdIng￿ the financial statement5 have been prepared on the going concern basis Crltlcal accountln8JudgÈments and key sources ol estlmalion un¢ertalnty In the application of the charitles accounting policies, the tnjstees are required to make judgements. estimates and ?SSL6mptions about the carrying amount of assets and liabilitles that are not readily apparent from other sources. The estlmates and assoclated assumptlon5 are based on historlcal experience and other factors that are consldered to be relevant. Artual results may dlffer from these estimate> The estlmates and underlylng assumptions are revlewed on an ongoin8 basls. Rev15ions to accountlng e5tlmates are reco8nlsed in the period in which the estlmate Is revised, if the revlsion affects only that perlod, or in the perlod of the rev151on and future periods if the rev151on affeets both current and future perlods. All Income 15 reco8ni5ed in the Statement of Financlal Actlvltles On￿ the charfty ha5 entitlement to the funds, It15 probable that the income wlll be received and the amount can be measured rellably. Grants and donations are only included in the SOFA when the charlty has uncondltional entltlement to the resources. Where grants are related to performan￿ and specific dellverables. they are accounted for as the charlty earns the right to consideration by its performance. Expendlture Liabilitie5 are recogni5ed as expenditure as soon as there is a legal or constructive obligation cornmitting the charity to that expenditure. it is probable that a transfer of economic beneffts wll be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accourited for on an accruals ba515 and ha5 been cl355ified under headin85 that aggre8ate all cost related to the category. Where costs cannot be direth attrlbuted to particular he3dinBS they have been allocated to activltie5 on a ba515 con515tent with the use of re50urcÉs. The costs of generating Income consist of costs incurred attracting voluntary income and activities for generating funds. such as donation5 and grants. Costs of ch3ritsble activities include grants made and an ap[￿rtIonment of ovetheads and adrnini5tration costs. G¢)vernance costs compr15e all costs involvin8 the publlc attountabllity of the charity and Its compliance with regulation and practice. These costs Include costs related to extemal inspectlon an legal fee5 together with an apportionment of overhead and admlnistTation costs. T￿ltsIe fixed assets Tangible fixed assets are stated at cost lor deemed costl or valuation less accumulated depreclatlon and accurnulated Impairment105ses. Costs includes costs directly attrlbutable to maklng the a55et capable of operating as Intended. Depreclatlon is provided to write off the cost less the estlmated residual of tan8lble fixed assets by equal instslments over thelr estlmated useful economlc lives a5 follows.. Page 15 continued...

BURMANTOFfs COMMUNITY PROJEcrs NOTE5 TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEM8ER 2023 ACCOUNTING POLICIES- contlnued Tanglble flxed assèts Computer equipment - 25% on eost Taxatlon The charity is exempt from corporation tax on it5 charitsble activities. Fund accountinÉ Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. RestrIC￿On5 3r15e when specified by the donor or when funils are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included In the note5 to the financial Statements. Penslon costs and other posbretlrement beneffts The charitable company operates a defined contribution penslon scheme. Contrlbutions payable to the charltable companV5 penslon scheme are charged to the Ststement of Flnanclal Activities in the perlod to whlch they relate. Financial Instruments The charity has financial assets and financial liabilities of a kind that qualify as basic and complex financial instruments. Baslc financial instruments are measured at their Settlement value in the case of current a55ets and liabilities and at discounted settlement value in the case of credltors falling due after more than one year. DONATIONS AND LEGACIES 2023 2022 Donations 13,131 53,716 53,716 Page 16 contlnued...

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2028 INCOME FROM CHARITABLE AcrivrriES 2022 tivity Communlty Work Grants 873,768 1,068.752 Grants recewed, included in the above, are as follow 2023 Vnrestrlcted 2023 Restrlctad 2023 Totsl 2022 Totsl Mone Budthes: LCC- Financial Inclusion Team 26,376 LCC- Inner North West LCC- Inner East LCC- Innerwest LCC- Outer West LCC- Outer East LCC- Innersouth LCC- Inner North East LCC- Money Buddles 23124 Leeds NHS 13,188 13.188 8,792 17,477 11190 8.792 4,396 185,240 13.188 13,188 8,792 17,477 12,190 8,792 4,396 185,240 22,623 19,659 13,665 4676 14.893 3.188 4,494 263263 263.263 145,574 Other Grnnt&" Trussell Trust Money and Pensions Service 22123 Natlonal Lottery- Beneflt Buddies Advice UK Advice UK Projert Money and Pensions Service 23124 LCC- DRO Fees Project LCC- Household Support Fund 4 109.215 109,215 16,269 76,927 25.869 144,820 145,3CtI 76,927 71 181710 25,270 71 183,710 25,270 25,WO loo,000 National Lottery- Cost of Llvlng British Gas Project Leeds Debt Forum Moneyand Pensions SerNice 21122 Ener8y Savln8s Trust- Maln5tream Project Energy Savings Trust- Emergency Wlnter Scheme Hammersons- Money 8uddles Fuel Voucher Scheme 75,000 20,800 1243 20,800 243 63,839 142,349 1834 147.667 LCC- Household Support Fund 30,LXIO LCC- Household Support Fund 3 40,1WO Sir George Martln Martin Lewis Martin Lewls 2 50,L 97,500 923,178 1.068. 752 613.505 873.768 613,505 873,768 Totsl Grant$ RKe*4ed Page 17 Continued...

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANaAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 CHAR￿ABlE AcfiviTIES Co￿5 Oirett Costs Isee note 51 Support Costs Isee note 61 Totals Comrnunlty Work 837.614 184.590 1.022.204 2022 713.702 155,621 869.323 DIRECT COSTS OF C+IARITABLE ACTIVITIES 2023 2022 Wages Soclal securlty Pen5ion5 Payroll c05tS Project expenditure Rent, rates and water Insurance 418,547 37,042 16.167 47,a89 20m 117,055 11,733 3,175 171,233 13,463 2,374 k l! Llght and heat Postage and stationery Advertlslng Cleaning Repalrs and maintenance Computer software Subscriptions Legal ond prgfes5ional fees TraSnlng Depreclation 4097 10,674 3,013 7.837 3,206 2,868 14.087 318 5,149 6,607 2,920 8,128 2,524 7,451 2A95 2,874 13,018 1,779 5,988 4,855 837,614 713 702 Page 18 continued...

BURMAKfoFfs COMMUNITY PROJECTS NOTES TO THE FINANaAL STATEMENTS- continued FOR THE YEAR ENDED 31sr DECEMBER 2023 SUPPORT COSTS Information technology Management Flnance Community Work 81.636 11,524 20,763 Human resources Governance costs TotsLs Communlty Work 28,483 42,184 184,590 Support costs. included in the above, are as follows: 2023 Community Work 2022 Totsl activities Wages Social securlty Pensions Telephone Subscrlptlons Legal and Professional fees Sundries Auditors, remuneration Independent examination Trustee exper￿e5 124.661 12.979 4,809 10,908 12,074 15,524 335 102,079 10.494 3,915 10,032 5,812 12,OJ5 9.6CKI 3,300 1,684 184,590 155,621 Page 19 continued...

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31sr DECEMBER 2023 NET INCOMEIIEXPENDITURE) Net In¢ome/lexpenditurel is ststed after char8ingllcredlllngl: 2023 2022 Auditors, remuneratlon Independent examlnatlon Depreciation- owned assets 9.6 3,3(M) 6,607 4,855 TRUSfEES' REMUNERATION AND BENEFITS 2023 2022 Name oftru5tee John Smlth Itrusteel Reason Employment Legal aulhoTIty Goveming document 38,038 31,143 31.143 John Smlth recelved remuneration durlng the year, being employe(l as the Finance and Contracts Administrator. The charity has recelved consent from the Charlty Commission on the Ilth Aprll 2011 to remunerate hlm and the artlcles of association have been amended to allow forthls. No trustee recelved any other remuneration or benefit during thls or the prevlous year. Remuneratlon and ljenefits rwelved by key managementpersonnel The key management personnel of the charlty Include the trustees, the Chlef Executive Officer and the FlnarKe and Contracts Adrninistrator. The totsl employment Costs to the Charity were £97.84012022: £78.9291. Trustees. expeTh5•5 There were no trustees, expenses paid for the year ended 31st De￿mber 202312022: £1,6841. STAFF COSTS 2023 2022 Wages and salarie5 Soclal security costs other pension costs Payroll c05tS 520,62S 47,537 20,082 60,068 25,687 3,805 790.244 591,088 The averaBe monthly number of employees during the year was as follows.. 2023 2022 21 No employees recelved emoluments In excess of £60.000. The average number of full time equivalent employees in the year ended 315t December 2023 was 2212022- 191. Page 20 continued...

BURf¥lANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANaAL STATEMENTS- contifiued FOR THE YEAR ENDED 31ST DECEMBER 2023 io. COMPARATIVES FOR THE STATEMENTOF FINANCIALACTIVITIES Unrestricted fund Restricted funds Totsl funds INCOME AND ENDOWMENTS FROM Donallons and leBacies 53,716 53,716 Charltable acllvltles Community Work 1.068.752 1,068.752 Totsl 53,716 1,068,752 1,122A68 EXPENDITURE ON Charltable actfvhles Communlty Work 12,813 856,510 869.323 NEfiNCOME Tr8nsfer5 between funds 40.SX)3 9,752 212,242 19.7521 2S3,145 Net movement In funds 50.655 202,490 253,145 RECONauATION OF FUNDS Total fvnds brou8htforward 80.296 126,105 206.401 TOTAL FUNDS CARRIED FORWARD 130.951 328.595 459,546 ii. TANGIBLE FIXED ASSErs Computer equipment COST At 1st January 2023 Additions 24.217 At 3tst December 2023 31,524 DEPRECIATION At lstjanuary 2023 Charge foryear At 3tst December 2023 2¥111 NEf B(K)K VALiIE At 31st De￿mber 2023 10,413 At 31st December 2022 9,713 PaBe 21 continued...

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIALSTATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 12. DEBTORS: AMOUNT5 FALLING DUE WITHIN ONE YEAR 1023 2022 Trade debtors Prepayments and accrued Income 113,789 2.517 81,999 6,069 116,306 88,068 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2022 Accruals and deferred income LEASING AGREEMENTS Minlmum lease payment5 under non-cancellable operatln8 leases fall due as follow5: 2023 2022 thin one year Be￿een one and flve years 700 700 7LIJ 700 PaBe 22 continued..

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31sr DECEMBER 2023 15. MOVEMENT IN AJNDS Net movement In funds At 3￿￿/23 Unre5trkted Funds At 111123 General fund Designated Fund- Money Buddy Netrmrk 128,668 283 (35,3741 93,294 2,283 Restrlrted Fund5 Money and Pensions Service IMaPS122123 National Lottery- Beneffit Buddies Energy Savin&sTrust- Mainstream Project Energy SavingsTrust- Emergency Winter Scheme Advice UK- DRO Funding Advice UK- DRO Projett Hammersons- Money Buddies Energy Savings Trust- Fuel Vouchers LCC- Household Support Fund 3 Trussell Trust Slr Geor8e Martln Trust Martln Lewis Martin Lewls 2 MaPS PACE Money Buddy Contracts Blg Lottery- Money Buddies Leeds Clty Council- DRO Fees Project Leeds CAB Clydesdale Bank LCCSIF Proceeds of Crime LCC PPE National Lottèry Covid-19 Fund LCC- Household Support Fund 4 National Lottery- Cost of Livlng Money and Pensions Service IMaP5123125 British Gas Project Leeds NHS Leeds Debt Forurn 115,8941 69.260 1,923 1350) 3.01)0 19,370 94 16*2601 (1.913) (19,370 54.895 154,336) (9236) l120 14m91 111,149) 186,6001 559 IL064) 4.019 35,068 23,919 10,828 43,752 5,968 165) 13,971 49,720 1436} 3,21)0 350 13.535 3,21XI 350 IL8891 571 sn 11,(xA) 43.113 61749 15,283) 5.2n 12,764 43.113 62,749 (5,2831 5272 12,764 L002 328,595 199,9311 228,664 TOTAL FUNDS 459 113sR05) 324241 Pa8e 23 continued...

BURMANTOFTS COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 MOVEMENT IN FUNDS- conllTrued Net movement In fvnds. Included in the above are as follows.. Incomlnl Resources Resource5 Expended Movement In funds Transfers u￿re5trk￿ Funds General fund {46.6691 I1￿) 135.3741 Restrlcted F4mds Money and Pensions Se￿1￿ IMaPSI 22123 National Lottery- Benefft Buddies Energy Savings Trust- Mainstream Projert Energy Savings Tru5t- Emergency Winter Scheme Advice UK- DRO Funding Advice UK- DRO Project Hammersons- Money Buddie5 Energy Saving5Trust- Fuel Vouchers LCC- Household Support Fund 3 Trussell Trust Slr George Martln Trust Martin Lewis Martin Lewis 2 MaPS PACE Money Buddy Contracts BJg Lottery- Money Bud(Iles Leeds City Council- DRO Fees Project Leeds CAB Clydesdale Bank LCC SIF Proceeds of Crime LCC PPE 16.269 5101 1148,272) 15.894 (69,260) (1.923 76,927 11,923) 350 71 (19,6991 119370) 154,336) (9,236) (10711951 14J)191 11&1491 186,600) 154J36} 192361 109,215 14.019) IIL149) I86,6￿) 263,263 1230.311) 126,984) (651 5.968 165) ,971 25,270 (11,2991 IL889) 11,889 National Lottery Covid-19 Fund LCC- Household Support Fund 4 National Lottery- C05t of Living Money and Pensions Service IMaPSI 23125 British Gas Project Leeds NHS Leeds Debt Forurn (1,0041 (IAN) 43,113 62.749 15.2831 5.2n 12.764 o.(# 75.1)tKI 183.710 156,887) (W5 (1889931 115,5281 Iu,2201 1,241) 26,984 2,243 871768 1975,535 1,836 199,9311 TOTAL FUNDS 886,899 {1,02L21yII I￿5,305) Page 24 continued...

BURMAMfoFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2023 MOVEMENT IN FUNDS- contlnued Comparatlves for movement In fu￿d5 Net movement in fund5 At 3V12122 At 111122 Unrestrlcted lunds General fund Designated fvnd- Money Buddy Nthork 78,013 50h55 128,668 Restrlrted funds Money and Penslons Servite IMaP51202112022 Money and Pensions Serv1￿ IMaPSI 202212023 National Lottery- Beneflt Buddies Ener8ySavingsTrust- M8in*ream Project Energysavings Twst- EmergencyWlntsrSch8me Advi¢eUK- DRO funding Advi¢eUK-DRO Project Martin Lewis Martin Lewis 2 HamMe￿onS- Money Buddles EnergyS8vingsTrust- Fuelvouchers Leeds CityCouncil- Household Support Fund 3 Tru55ell Trust Sir George Martin Trust Money and Pensions Service IMaPS1 PACE Money Buildy Contracts Big Lottery- mO￿V B￿ldie5 Leei15 City Council- DRO Fees Projett Leed5 CAB Clydesdale Bank Leeds CttyCouncll-SIF Proceed5 of Cri Leeds fJty Council- PPE National Lottery Covld-19 FuTrJ Community an(1 Law Services ICALS) 3,522) 3.522 115W) 26,$84 {2,167) (53,8031 2,000 19,370 35,068 97,428 1150941 69260 1,923 (3501 42,676 4.090 53,453 19,370 97N28 3.400 54.895 9,136 I3.￿) 4019 (5) 44752 1,400 9,236 (3,1841 4.019 11,099) 26,527 17.225 65 {4361 [phone] 571 1,5001 126.105 328,595 TOTAL FUNDS 206,401 24145 459,546 Page 25 continued...

BURMANTOFfs COMMUNITY PROJECTS NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 MOVEMENT IN FUNDS- contlnued Net movement in funds. Intluded In the above are as follows.. Incomin8 resources Resources expended Transfers Movement in fLFnds Unrestrlcted I￿ndS Free charitsble reserve 53.716 9.752 50.655 Reslrlcted fvnd5 Money and Pensions Sèrvice IMaPSI 202112022 Money and Pensions Service IMaPSI 202V2023 National Lottery- Benefit Buddie5 Energy kvin8s Trust- Mainstream Projert Energy Savlngs Trust- Emergency Winter Scheme AdviceUK- DRO funding AdvlceUK- DRO Prolect Martln Lewis Martin Lewls 2 Hammersons- Money Buddies Enerbry $3vin85 Trust- Fuel Vouchers Leeds City Council- Household Support Fund Leed5 City COu￿11- Household SLTrPPOrt Fund 3 TnJ55ell Trust Sir George Martin Trust Community and Law Services ICAiSI Money and Pensions SèrvFce IMaPSI PACE Monèy Buddy Contracts Leeds City Council- DRO Fee5 Projert Leeds Clty Councll- PPE 63￿39 144,820 145,300 141349 1,834 io 152lJ6SI 1160,n41 i1￿.n6) 1144.516) 155,637) 18.252) 3.522 {15.894) (116 153W31 (5,630) (14 932) (721 19.370 35,068 97828 147,667 30,000 (917721 130.0001 130,7641 129,053) 1981 13J841 4019 {I,w) 11.099) Z6.$27 11,5001 (1,0991 (119.(b17) 1436) 145.574 io TOTAL FUNDS Page 26

BURMANTOFTS COMMUNITY PROJECtS NOTES TO THE FINANCIAL STATEMENTS- tontlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 Restrl d funds Nameoffund Purpo•e of re¥trfctlon Provide DebtAdwce $¢rvices Money8nd Pensions SeNlce IMaPSI 202112022 Moneyand Pensions Servlce IMOPSI 202212023 Money and Penslons Service IM8PSI 202312025 Natlonal Lottery- Benefft Buddies Provitle D8btAdvlce services Provlde Debt Advioe servlces To supportthe ben¥fit buddy servlce Energysavlngs Trust- Main8tre8m Project To provide an energy a(fvice service Energysavings Tw8t- Emergencywintsr Scheme Martin Lew18 To fund the purchasa and dlstrlbution of energyvouchers To supportthe Money Buddy service Martln Lewis 2 To support the Money Buddy servlce Advlc8UK- DRO fundlng To support debt advisers proce88lng Debt RelSef Order8 A￿iCeVK- DRO Project To fund a part time debtadvlsèr to concentrate on DRO5. Hammersons- Money Buddles To supportthe money buddyservice Energy Savings Trust- Fu8lVou¢her8 Tofund the purchase and distributlon of energyvouchers Leeds CityCouncll- Household Support Fund 3 Leads Clty Councll- Household Support Fund 4 TrussellTrust To distribute food 8nd fuel vouchers and purchose goods forvulneroble cllents To di8trlbute food and fuelvouch8rÈ ond purch880 goods forvulnerabie clients and provide emergency debt advice To provide Money buddy, bènèfit buddy an¢J debt gdvice se881ons 8t 12 foodbanks across Leeds To enhanceth8fundlngfor gdmlnlstration Str George Martin Trust Money and Pensions SeNlce IMaPSI PACE For equlpmentto allow debt advlsers to be included in CAB'S PACE tystem Support the Money Buddy service. Big Lottery-MoneyBuddies Leeds City Councll- DRO Fees Project To proMde ofundto P8yDROfe8swhentheclientdoesnothavethe money To supportth8 aims ofAdvlce Leeds in promotlng advice services in Leeds Leeds CAB Clydesdale Bank Towards phone 8y8tem enh8ncements. Leeds City Councll-SIF To set up and m81ntsin 8 Benefit BuddyServic8 Proceeds of Crime Tow8rd8 securlty enhancements Leeds Clty Council- PPE To provide PPE and other equlpmentto ensure the safetyof stsff ond clients To provide an emergency MoneylBenefit Buddy service during Covid National Lottery Covid-19 Fund National Lottery- Cost of Living To provide a Benefit Buddy servlce untll March .24 and enh8noe 811 services to promde housing advlce Pa8e 27

BURMANTOFfs COMMUNITY PROJEcrs NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 315T DECEM8ER 2023 Contlnued from prwious page Brit15h Gas ProSe¢t To pilotthe use of pop up Money Buddy sit8s in Post Offices Leeds Debt Forum To provide funds to aliowthe Leeds Debt Forum and associated group8 hold meetings and events To fund 2 money buddy centr8$ 22124 Leeds NHS Money Buddy Conlracts Leeds City Coun¢ll- Financi81 Incluslon Team- MoneyBu(Jdies Leeds Clty Council-Area Committees- Money Buddle$ Money Buddle$23125 To lund 3 money buddy centres 22123 Tofund 14 money buddy ¢entres 22123 To provid8 a Money Buddles service in 22 Leed5 City Councll sites Leeds NHS fund was part of the Money 8uddy agreements in in flnanclal year ended 31$1 December 2022. In January 2023, it was agreed that thi5 fund should be separated and set up as its own cost tentre. The Leeds Debt Forum fund was previously held by Burmantofts Community Projett5 as an agent, the control forthls lund has now been transferred to Burmantofts Community Prolects. This is further explalned in note 17. Page 28

BURMANTOFfs COMMUNITY PROJECTS NOTES TO THE FINANaAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST DECEMBER 2023 i& RELATED PARTY DISCLOSURES There were no related party transaction5 forthe year ended 31st December 2023. 17. ANALYSIS OF FUNDS RECEIVED AND HELD ASAGENT 2023 2022 Opening fvnd5 Incoming Transferred to Burmantofts Communlty Projects Outgoing 1.789 250 11.652) (781 2,026 335 15721 a05ing funds 309 1,789 At the start of the reporting period. Bunnantofts Community Projects was holdlng £1.652 on behalf of the Leeds Debt Forum in the Ebor Garden5 Advice Centre bank account, Previously these funds were not InclLKled in the accounts. It was declded that Burmantofts Community Projects will now tske control of these ftjnds to distribute, so these funds have been transferred from the amount held as an a8ent and recognised as restrlcted funds. The Inrtial absorptionls reco8nised as a donation. At the year*nd, £309 was held on behalf of two clients whlch was grant fundlng to meet the needs of two Indfvi(luals. These funds are also not Included in these accounts. Pa8e 29