Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help (Registered Charity No 1059913) Annual Report and Accounts for the year ended 31 December 2024
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Contents Page Annual Report Independent Examinels Report Receipts and Payments Account Statement of Assets and Liabilities Notes to the Accounts
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Annual Report of the Executive Committee for the year ended 31 December 2024 Bradford Guild of Help whose Registered Address is at 506 Thomton Road, Thornton, Bradford, BD13 3JD, was registered with the Charity Commission under number 1059913 on the 23 December 1996, having been constituted as an Unincorporated Association with a membership on 4 December 1996. The Charity has been administered during the year by an Executive Committee consisting of'.- Chaiman Vice Chairman Treasurer Secretary Mr S Blakeley MrLTMann Mr S Dennis Mr S M Fleming Mr G C Nicholson Mr B H Stern Executive committee appointments are made or ratified by the members. Other advisers and agents are=. General Secretary and Administrator Bankers Investment Managers Independent Examiner Mr S M Fleming Lloyds Bank PIC Rathbones Investment Management Alison Whalley FCA The objects of the charity are the promotion of charitable purposes for the benefit of the community generally. The aims of the charity are to promote any charitable purpose for the benefit of the community in the local government district of Bradford and in particular the advancement of education, the furtherance of health and the relief of poverty, sickness and the distress arising therefrom. In exercising their powers to meet these objectives the Executive Committee have due regard to the guidance on public benefit published by the Charity Commission. The initial endowment capital was originally funded by The Bradford Council of Social Service, The Mothers and Young Folks Club and The City Guild of Help funds. Grant assistance was received in the year from Daisy Bank Playing Field Fund of £210,00012023.' £nill. Investment income of £8,509 (2023.. £9,109) was generated. Grants distributed were £265,534 (2023.. £24,500) to local charities and organisations. Other expenses £5,57412023'. £4,700) were also defrayed making total revenue expenditure of £271,108 (2023: £29,200) leaving a net current account expense for the year of £52,599 (2023.. net expense £20.091). Free reserves have increased to £38,718 due to a transfer of £75,000 from investments (2023.. £13,035). The retention of reserves enables the Guild to continue to offer grant assistance to local charities even during periods when no grant assistance is available from Daisy Bank Playing Field Fund. Sales of investments were £148,681 (2023 £116,134) and purchases were £76,101 (2023 £119.622), after investment management fees and a transfer to the current account. the capital account has a net movement of £5,705 decrease. It is hoped that grants from the Daisy Bank Playing Field Fund will continue in 2025 to enable Bradford Guild of Help to continue its charitable objectives in the year and beyond.
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Annual Report of the Executive Committee for the year ended 31 December 2024 The investments have been managed on behalf of the Executive Committee by Rathbones Investment Management during the year, the principal investment objectives continue to be the steady growth of both capital and income. The total funds have decreased from £455,375 in 2023 to £421,252 in 2024, or by 7.492%. Approved by the Executive Committee and signed on its behalf:_ Dsr* by. 79BOE2B107BA4&8... S Blakeley Chairman Dated 24 October 2025
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Independent Examinerfs Report to the Trustees of Bradford Guild of Help for the year ended 31 December 2024 I report to the trustees on my examination of the financial statements of Bradford Guild of Help (the charity} for the year ended 31 December 2024 Respective responsibilities of trustees and examiner As the trustees of the charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act Independent examinerfs statement Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practi issued on 1 April 2005 which is referred to in the extant regulations but has not been withdrawn. l understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally ACpted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in an material respect.. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act., or 2 the financial statements do not accord with those records.. or 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial ststements to be reached. Alison Whalley FCA Azets Audit Services Limited Carlton House Grammar School Street Bradford BD14NS Dated 24 October 2025
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Receipts and Payments Account for the year ended 31 December 2024 Notes 2024 2023 Receipts Grant from Daisy Bank Playing Field 210,000 Investment income Dividends and interest from investments Interest on bank deposits 8,418 92 9,088 21 8,510 9,109 Sub total 218,510 9,109 Investment sales Movement in equity Sub total 148,681 479 149,160 116,134 235 116,369 Total receipts 367,670 125,478 Payments Grants paid 265.534 24,500 Administration costs Investment management charges Independent examiner's fee Sundries Room rent 3,282 2.292 3,523 1,020 5,574 150 4,700 Sub total 271,108 29,200 Investments purchased 76,101 119,622 Total payments 347,209 148,822 Net payments for the year Paid from investment capitsl account Bank balances at start of year Bank balanS at end of year 20,461 (69.777) 14,536 40,113 123,344) 6,776 31,104 14,536 All funds are unrestricted
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Statement of Assets and Liabilities at 31 December 2024 Monetary Assets Note 2024 2023 Bank balances Current and Investment Accounts 38,612 13,035 Capital Account (Initial Investment Fund) 1,501 40,113 1,501 14,536 Investments 2024 2023 Cost Market Value Cost Market Value Investments 320,889 381,139 374,171 440,839 Liabilities 2024 2023 Accountancy fees Uncleared grants and costs paid 1,260 27,638 28,898 2,358 2,358 The accounts have been prepared on a 'reiptS and payments, basis in accordance with Section 133 of the Charities Act 2011. Approved by the Executive Committee on 24 October 2025. and signed on their behalf'.- Docusiuned by. 79BOE2B107BA4B6... S Blakeley Chairman
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Notes to the Accounts at 31 December 2024 Note 2024 2023 Market Value Market Value Cost Cost Securities A2D Funding11 PLC Acnture PLC Aecom Technology Cotp Alphabet Inc Artemis Fund Mgrs ASML Holdings Aspect Capf(al BHP Group Ltd B&M European Value Retsil SA Babcock Int Group BAE Systems PLC Barclays PLC Blackrock Funds BlueBay Funds MGMT Coca-cola Co Diageo PLC Easlspring Investments Experian PLC Fidelty China speal Srts First Ttusl Glaxosmithkline Goldman Sachs Group Haleon PLC Hermes Investment HICL Infrastructure Co Ltd Ishares PLC Ishares PLC Physical Gold ETC Janus Henderson Global Investows JP Morgan Japanese Inv Ttusl Lilty IElil & Co Lion Ttusl Investments Ltd Lloyds Banking London Stock Exchange Group PLC Malborough Fund Mgrs M & G Investment Mgmt Microsoft Cotp Nvidia Corp Persimmon PLC Qualcomm Inc Reckitt Benckiser Roche Holdings AG SAP SE Schroder Japan Growth Fund Shell PLC Siemens AG Smith & Nephew PLC Spiraxx Group PLC Treasury 114% Treasury 118% IIL Gill Treasury 118% IIL Stock Treasury 118% Snr IIL Stock Treasury 4 34% Stock Treasury 518% Treasury 718% Green Gi Unilever PLC Visa Inc Volulion Group Wayslone Fund Serwces Cash 7.165 4.550 3.863 7.735 8.558 2.107 8,858 7.057 7.303 4.265 24.184 7.797 2.245 9,246 7.165 6,999 7,003 11,011 7.735 8,558 17,532 7,985 8.858 4.354 4.880 3.818 5,219 8,751 14,523 5,098 2,560 6,141 3.818 3.020 1,974 3.243 3.675 2,306 6,407 6.779 7.978 7,797 7,856 7,116 10,170 8,854 6.865 7.978 7.797 3.754 2.485 3.620 7.022 3.459 14.288 767 1.867 4.324 19.510 8.434 12.273 3.117 2.171 7.667 7.123 10.937 3.855 3.790 3.568 9.715 4.309 15,025 1.510 1.922 2.970 19.537 16,993 13.942 3.941 1.849 8.087 6,665 7.022 3.459 14,288 767 7,049 4,641 15,031 1,287 4.324 19.510 8.434 11.861 11,198 3,465 20,086 13,255 12,984 12,336 13.165 6,843 6,144 14,398 2,587 6,863 6.144 4,359 8.351 4,399 16,441 2,583 15,328 6,195 2.583 1.781 2.296 7.068 1,930 1.665 8,191 2,498 9,757 5,962 3.065 2.167 6.867 1.986 3.269 4.087 3,208 3.377 2.929 7.245 5.200 3.602 3.738 2,125 6,867 6,997 6,600 19,029 4,087 9.218 16,935 16,751 9,495 17,640 17,672 15,891 16.751 14.311 15,862 17,764 14,408 14,864 14.190 14,780 5.269 8,104 15,751 14,564 15,734 7,220 11,845 14.190 17.883 5.269 8.104 3.276 9.606 4.750 320.889 13.725 17,957 8.641 14,635 4.368 9.140 4.750 381.139 15.724 15,508 10.445 10,445 374,171 440,839
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Notes to the Accounts at 31 December 2024 Note Movements in Investments lat cost) 2024 2023 Cost at start of year Additions during year 374,171 76,101 375,437 119,622 450,272 495,059 Sales during year Costs deducted from cash held (Loss) Iprofit on sales ProfiU(loss) on non market transactions 148.681 3,282 (24,516) (484) (126,963) 116,134 3,523 (2,022} 235 (117,400) Purchases from cash held Transfer to bank account Additions from cash held Cost at end of year {76,101) {75,000) 148,681 320,889 (119,622) 116,134 374,171
Docusign Envelope ID.. 54AF78CE-022F4A28-8924-9D355D5BOIOB Bradford Guild of Help Notes to the Accounts for the year ended 31 December 2024 Note Grant Payments 2024 2023 Maria, Sue and lan Too Queensbury Golf Club St James Community Partnership Thornton Community Centre Bradford Christian School Emmaus Bradford Bronte Birthplace Hall Royd Band Red Letter Project Bradford Live 4,000 1,000 5,000 2,500 5,000 7,000 2,145 2,500 10,000 4,000 10,000 236.889 265,534 24,500 4 Related Party A grant was received from Daisy Bank Playing Fields for £210.000 (2024 £nil) during the year. S Blakeley, G Nicholson, L Mann, S Fleming, S Dennis and B Stern are all trustees of Daisy Bank Playing Fields and Trustees of Bradford Guild of Help. A grant was awarded to Emmaus Bradford for £Nil (2024 £7,000) during the year, Simon Blakeley who is a trustee of Bradford Guild of Help and a trustee of Emmaus Bradford. A grant was awarded to Red Letter Project of £10,000 during the year, Simon Dennis and Gordon Nicholson who are trustees of Bradford Guild of Help have connections to the Trustees of Red Letter Project. Trustees who have expressed an interest in the grant recipients are not involved in the grant approval.