Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** (Registered Charity No 1059913) Annual Report and Accounts for the year ended 31 December 2025 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Contents** ||Page| |---|---| |Annual Report|1 - 2| |Independent Examiner's Report|3| |Receipts and Payments Account|4| |Statement of Assets and Liabilities|5| |Notes to the Accounts|6 - 8| Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** **Annual Report of the Executive Committee for the year ended 31 December 2025** Bradford Guild of Help whose Registered Address is at 506 Thornton 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:- Chairman Mr S Blakeley Vice Chairman Mr L T Mann Treasurer Mr S Dennis Secretary 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 Mr S M Fleming Bankers Lloyds Bank Plc Investment Managers Rathbones Investment Management Independent Examiner Colin Whitehead FCA, MAAT, BA (HONS) 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 £70,000 (2024: £210,000). Investment income of £5.839 (2024: £8,510) was generated. Grants distributed were £78,050 (2024: £264,534) to local charities and organisations. Other expenses £4,652 (2024: £5,574) were also defrayed making total revenue expenditure of £82,702 (2024: £271,108) leaving a net current account expense for the year of £6,871 (2024: net expense £52,598). Free reserves have decreased to £7,067 (2024: £38,612). 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 £166,902 (2024 £148,681) and purchases were £157,542 (2024 £76,101), after investment management fees the capital account has a net movement of £6,161 increase. It is hoped that grants from the Daisy Bank Playing Field Fund will continue in 2026 to enable Bradford Guild of Help to continue its charitable objectives in the year and beyond. Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 1 ## **Bradford Guild of Help** **Annual Report of the Executive Committee for the year ended 31 December 2025** 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 increased from £421,252 in 2024 to £429,067 in 2025, or by 1.82%. Approved by the Executive Committee and signed on its behalf:- S Blakeley Chairman Dated 7 July 2026 2 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Independent Examiner's Report to the Trustees of Bradford Guild of Help for the year ended 31 December 2025** 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 2025 ## **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 examiner's 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 accordance 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 Practice issued on 1 April 2005 which is referred to in the extant regulations but has not been withdrawn. I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted 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: - 1 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 concerns 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 statements to be reached. Colin Whitehead FCA, MAAT, BA (HONS) Azets Audit Services Limited Carlton House Grammar School Street Bradford BD1 4NS Dated 7 July 2026 3 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Receipts and Payments Account for the year ended 31 December 2025** **----- Start of picture text -----**
Notes 2025 2024
£ £ £ £
Receipts
Grant from Daisy Bank Playing Field 70,000 210,000
Investment income
Dividends and interest from investments 5,819 8,418
Interest on bank deposits 20 5,839 92 8,510
Sub total 75,839 218,510
Investment sales 166,902 148,681
Movement in equity 342 479
Sub total 167,244 149,160
Total receipts 243,083 367,670
Payments
Grants paid 3 78,050 265,534
Administration costs
Investment management charges 3,242 3,282
Independent examiner's fee 1,260 2,292
Sundries 1 -
Indemnity insurance 435 4,938 - 5,574
Sub total 82,988 271,108
Investments purchased 157,542 76,101
Total payments 240,530 347,209
Net payments for the year 2,553 20,461
Transactions per capital account 6,460 69,777
Transactions per bank (3,620) (49,316)
Bank paid on behalf of Paul and Nancy Speaks (287)
-
Transfers to bank from Capital 75,000
Liabilities allocated (27,638) (107)
Bank balances at start of year 40,113 14,536
Bank balances at end of year 8,568 40,113
All funds are unrestricted
**----- End of picture text -----**
4 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Statement of Assets and Liabilities at 31 December 2025** **----- Start of picture text -----**
Monetary Assets Note
2025 2024
£ £
Bank balances
Current and Investment Accounts 7,067 38,612
Capital Account (Initial Investment Fund) 1,501 1,501
8,568 40,113
Investments 2025 2024
Cost Market Cost Market
Value Value
£ £ £ £
Investments 1 334,896 420,499 320,889 381,139
Liabilities 2025 2024
£ £
Accountancy fees 1,380 1,260
-
Uncleared grants and costs paid 27,638
1,380 28,898
**----- End of picture text -----**
The accounts have been prepared on a 'receipts and payments' basis in accordance with Section 133 of the Charities Act 2011. Approved by the Executive Committee on . and signed on their behalf:- S Blakeley Chairman 07-Jul-26 5 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Notes to the Accounts at 31 December 2025** **----- Start of picture text -----**
Note 2025 2024
1 Market Market
Cost Value Cost Value
Securities £ £ £ £
A2D Funding II PLC 7,165 7,147 7,165 7,057
Accenture PLC - - 4,550 7,303
Aecom Technology Corp 3,863 3,544 3,863 4,265
Alphabet Inc 7,735 37,233 7,735 24,184
Amazon Com Inc 2,938 3,261 - -
Artemis Fund Mgrs 8,558 7,936 8,558 7,797
ASML Holdings 2,107 3,218 2,107 2,245
Aspect Capital - - 8,858 9,246
Astrazeneca PLC 4,158 5,516
Babcock Int Group 3,818 8,055 3,818 3,243
BAE Systems PLC 3,020 5,485 3,020 3,675
Barclays PLC 1,974 4,093 1,974 2,306
Blackrock inc 4,122 3,979 - -
BlueBay Funds MGMT 6,865 7,252 6,865 7,123
Booz Allen Hamilton Holdings Corp 1,099 878 - -
Broadcom Corp 2,071 2,059 - -
Brummer Umberella ICAV 6,958 7,962 - -
Coca-Cola Co 1,487 2,131 7,978 10,937
Compass Group PLC 2,034 1,891 - -
Connor Clark & Lunn UCITS ICAV 3,500 4,418
Diageo PLC - - 7,797 7,866
Eastspring Investments 4,385 5,307 3,754 3,855
Experian PLC 2,485 3,699 2,485 3,790
Fidelity China Special Sits - - 3,620 3,568
First Trust 7,022 9,818 7,022 9,715
Glaxosmithkline - - 3,459 4,309
Global Reach Multi-Strat ICAV 6,788 6,829 - -
Goldman Sachs Group 4,940 6,535 14,288 15,025
Haleon PLC 767 1,499 767 1,510
Hermes Investment 1,867 1,782 1,867 1,922
HICL Infrastructure Co Ltd 4,324 2,910 4,324 2,970
Ishares PLC 11,880 13,104 19,510 19,537
Ishares PLC Physical Gold ETC 4,598 14,237 8,434 16,993
Janus Henderson Global Investors 6,867 7,973 12,273 13,942
JP Morgan Chase & Co 4,410 5,510 - -
JP Morgan Japanese Inv Trust 2,093 3,243 3,117 3,941
JP Morgan Funds Japan Equity 1,649 1,799 - -
Lilly (Eli) & Co 2,171 2,397 2,171 1,849
Lion Trust Investments Ltd 7,667 8,302 7,667 8,087
London Stock Exchange Group PLC 2,906 3,133 6,144 8,351
Magnum Ice Cream Co 270 447 - -
Malborough Fund Mgrs 4,359 5,243 4,359 4,399
Marsh Inc 2,507 2,207 - -
Meta Platforms Inc 4,436 3,926 - -
Microsoft Corp 2,583 7,551 2,583 7,068
Muzinich Funds 3,847 3,874 - -
Nvidia Corp 1,781 2,496 1,781 1,930
Palo Alto Networks Inc 2,127 2,054 - -
Persimmon PLC - - 2,296 1,665
Roche Holdings AG 3,065 4,620 3,065 3,377
SAP SE - - 2,167 2,929
Schroder Japan Growth Fund 3,777 4,620 6,867 7,245
Schroder Investment Mgmt 3,361 3,418 - -
Shell PLC 1,986 5,754 1,986 5,200
Siemens AG 3,269 4,796 3,269 3,602
Smith & Nephew PLC - - 4,087 3,738
SPDR Series Trust 10,802 10,740 - -
Spiraxx Group PLC 3,208 2,114 3,208 2,125
Thales SA 3,814 3,612 - -
Treasury 1/2% Gilt 20,288 20,922 - -
Treasury 1/8% I/L Gilt 15,891 15,914 15,891 15,862
Treasury 1/8% I/L Stock 21,716 23,501 16,751 17,764
Treasury 1/8% Snr I/L Stock 19,556 20,347 14,311 14,408
Treasury 3/8% Bonds 24,276 24,929 - -
Treasury 5/8% - - 14,190 13,725
Treasury 7/8% Green Gilt - - 17,883 17,957
Unilever PLC 4,956 8,164 5,269 8,641
Visa Inc 2,934 5,476 8,104 14,635
Volution Group - - 3,276 4,368
Vontobel Fund 5,491 5,514 - -
Walt Disney (Holdings) Co 3,394 3,214 - -
Waystone Fund Services - - 9,606 9,140
Cash 10,911 10,911 4,750 4,750
334,896 420,499 320,889 381,139
**----- End of picture text -----**
6 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** ## **Notes to the Accounts at 31 December 2025** ## **Note** |**2**
**Movements in Investments (at cost)**
Cost at start of year
Additions during year
Sales during year
Costs deducted from cash held
(Loss) /profit on sales
Profit/(loss) on non market transactions
Purchases from cash held
Transfer to bank account
Additions from cash held
Cost at end of year|**2025**
£
320,889
157,542
478,431
166,902
3,242
(16,906)
(343) (152,895)
(157,542)
-
166,902
334,896|**2024**
£
374,171
76,101
450,272
148,681
3,282
(24,516)
(484)
(126,963)
(76,101)
(75,000)
148,681
320,889| |---|---|---| 7 Docusign Envelope ID: 45A0FBDD-4600-835E-8004-DDF30E09C337 ## **Bradford Guild of Help** **Notes to the Accounts for the year ended 31 December 2025** ## **Note** |**3**
**Grant Payments**
St James Community Partnership
Bradford Christian School
Bronte Birthplace
Hall Royd Band
Red Letter Project
Bradford Live
Action for Sport
Asa Briggs Bowling Club
Bingley Community Kitchen
Bradford Bulls
Springflied Surgery|**2025**
**£**
-
-
-
-
-
-
5,000
800
2,000
70,000
250
78,050|**2024**
**£**
2,145
2,500
10,000
4,000
10,000
236,889
-
-
-
-
-
265,534| |---|---|---| ## **4 Related Party** A grant was received from Daisy Bank Playing Fields for £70,000 (2024 £210,000l) 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 Red Letter Project of £nil during the year (2024 £10,000), 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. 8