ocusign nve ope Charity Registration Number.. 1071625 Company Registration Number.. 03625785 Bonny Downs community association Bonny Downs Community Association Annual Report and Financial Statements Year Ended 31 March 2024 GSr&Co Griffin Stre Wciop & Co 100 YEARS
Docusign Envelope ID.. 72617E48.35494DS&AE2t>A98F20EBC25F Yeai" Ei)ded 31 fvlai ,,) £073 Bonny Downs Community Association Annual Report and Financial Statements Contents Charity Reference and Administrative Details Trustees, Annual Report (including Directors, Report) Independent Auditor's Report to Trustees Statement of financial activities (including income and expenditure account} Summary income and expenditure account Balance sheet Statement of cash flows Notes to the financial statements 4-13 14-16 17 18 19 20 21-43 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 726f7E4&35494D5&AE2tAgBF2oEBC2SF I'edl Liioed 31 f4liri,' Bonny Downs Community Associatlon Annual Report and Financial Statements Charity Reference and Administrative Details Charity registration number: 1071625 Company registration number: 3625785 Trustees: DHMann B Dexter N Brook M Dobiasova T Isaac l Okwudili D A Crawford E Sharp (appointed 12th March 2024) Company secretary: M Porter Senior leadership team: S Laing A Allgood J Craig P King S Begum Registered office: 49 Vicarage Lane East Ham London E6 6DQ External auditor: Griffin Stone Moscrop & Co. 21-27 Lamb's Conduit Street London WCIN 3GS Bankers: Co-operative Bank PIC l Balloon Street Manchester M60 4EP Barclays Bank PIC Newham Business Centre 737 Barking Road London E13 9PL Santander Business Banking Bridle Road Bootle Mersey5ide L30 4GB Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E4&35494D5&AE2D-A9BF20EBC25F etil Liided 31 fvlai Lli LO£4 Bonny Downs Communlty Association Annual Report and Financial Statements Trustees, Annual Report {including Directors, Report) The Trustees present their report and the audited financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice ISORPI 'Accounting and Reporting by Charities, IFRS 102) in preparing the annual report and financial statements of the charity. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charitrfs governing document, the Companies Act 2006, the Charities Act 2011 and Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance wwth the Financial Reporting Standard applicable in the U K and Republic of Ireland issued in October 2019. Trustees of the charity The directors ot the charitable company are its trustees tor the purposes ot charity law. The trustees who have served during the year and since the year end were as follows: DHMann B Dexter M Dobiasova N Brook Chair - Treasurer Vice chair T Isaac l Okwudili D A Crawford E Sharp Objectives and activities The charity is a charitable company limited by guarantee and was incorporated on 3 September 1998. It is governed by a memorandum and articles of association. Its objects are to relieve need, hardship and distress of the elderly or sick in the London Borough of Newham. or elsewhere. to advance education and to provide and promote the provision of sports and sporting facilities for all age groups in London Borough of Newham and elsewhere. Public benefit statement The trustees have considered the guidance published by the Charity Commission in relation to public benefit. How the charity has delivered public benefits is set out in the 'Achievements and Performance 2022123, section below. Fundraising Standards Information During the year BDCA employed two part-time grant fundraisers (equivalent to a 0.5 FTE postl who specialise in applying for Trusts and Foundations, lottery funds and government commissioning contracts and does not use external fundraisers. One of the Co-Directors and a Marketing Assistant (equivalent to a 0.13 FTE postl implement crowdfunding campaigns and regular donor drives to encourage local giving. BDCA complies with the Fundraising Code of Practice regulations that came into effect October 2019. There were no reported incidents of regulation breach or complaints made about any of our fundraisers. iffin Stone M05crop & Co
Docusign Envelope ID." 72617E48-35494D5&AE2f>A9BF20EBC25F Year Ènded 31 Ivlarch 2024 Bonny Downs Communlty A5s0¢1ation Annual Report and Financial Siatements In line with our GDPR and safeguarding policies, we only sent newsletters including direct fundraising appeals to service users who had freely given us opt-in consent. An unsubscribe button was available on every email to allow for easy and instant termination of messages at the recipient's request. Social media- based crowd funding campaigns included a non-financiaS option to support our work through spreading the word or volunteering so those unable to afford financial gifts are made aware of other valuable ways to get involved. Social media users can easily unfollow or temporarily mute crowdfunding campaign posts from our charity. Donations are received from service users either through our secure online giving plarform or via cash collecting tins or envelopes delivered to The Well Community Centre office / project staff. BDCA seeks to protect vulnerable people by not directing fund raising to specif ic individuals. monitoring amounts received from individuals and refusing excessive donations from vulnerable individuals. Where staff receiving or monitoring donations from individuals are concerned that the level of giving is disproportionate to their circumstances, they will refer this to the safeguarding team to review. Activities during the year BDCA'S activities during the year helped to fulfil our vision, mission and values: Vision: A thriving community where everyone feels connected, valued and fulfilled. Mission.. Breaking down barriers, bringing people together and building people up. Values: 11 Inclusion 21 Celebration 3) Empowerment In particular they reflect our Strategic Aims for 2022-2025: Joy Equity Diversity Innovation This report shows how the various activities and projects helped us progress towards these strategic aims during the 2023-2024 financial year. Joy Celebrating Together We brought our communities together to celebrate many occasions: we had inter-faith events for Easter, Christmas and Eid. We marked the Coronation with food, gatherings, and a cut-out of King Charles. We had parties to celebrate the legacy of our After School Club and the first birthday of our social enterprise N ursery. We also celebrated personal milestones such as our Family Hub volunteer Loritha finally receiving her Leave to Remain. Providing New Experiences Our Go Wild! Summer Scheme helped 200 local young people experience joy through a vast variety of exciting workshops including skateboarding, cooking, dancing, personal training, inf latables, music production and more. And age is no barrier to joy- our over 65s enjoyed many events and trips, including a Summer Staycation and a Turkey & Tinsel. weekend away for Christmas. Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D55-AE2t>A9BF20EBC25F Year Ei Ided 31 fvldi"cl) 2024 Bonny Downscornmunlty Associatlon Annual Report and Financial Statements Facilitating Personal Joy Thanks to generous donors to our Christmas Toy Appeal, 179 children from low-income families experienced the joy of receiving gifts. Our Community Support services provided personal joy and relief when our guests had their struggles resolved, such as having their debts written off or housing issue sorted. Our garden volunteers enjoyed much laughter and joy as they shared stories over tea break after each morning's hard work. The fruits of their labour also brought joy to volunteers and visitors alike, such as the red and yellow blooms of tulips. Highlights 529 local people of all ages enjoyed over 1.600 hours of sports and fitness activitie5 from Aerobics to Zumba to release those endorphins! 108 children and 189 older people enjoyed 13 trips from Fairplay House to Norfolk Broads. 440 parents and toddlers enjoyed fun activities in our indoor and outdoor playgroups Case Study.. Enza.. "Jninlng thp .4fJfA plnynroLiPS iV(7s ljfpchonqinq fnr me. Enza joined BDCA'S Parents & Toddlers groups when she moved into Newham 9 years ago. As a first-time Mum with no family in the area, she felt lonely, bored and sometimes anxious. Joining the playgroups gave her a lifeline: she found 3 support network and strong friendships with fellow new Mums who understood her. It helped her mental wellbeing by giving her a fun break from her daily routine and the ability to enjoy a cup of tea whilst still hot. Enza now feels so connected and rooted within her community thanks to BDCA that once when she and her husband considered moving out of London, they decided not to as they would miss the friendship and sense of community they have in East Ham. "I love wolking down our neighbourhood ond meeting so mL7ny fomilior foces thanks to the ploygroups," Enza says. "I know if onyone is facing any issues. they con go to BDCA where someone willfind a way to sort Itl EQUITY Advice and Support Our Family Hub provided immigration advice, and support around form fillin& housing and Universal Credit to families on low income and those with no recourse to public funds. We expanded support for our Over 65s through our Advocacy seiCe and our volunteer befrienders continued to provide friendship and connection to isolated older members. Our Community Support team also expanded to meet the growing needs caused by the Cost-of-Living Crisis. Alongside our Debt Advice Centre, we added budgeting workshops to help people to manage their money better, and our ESOL classes provided a safe place for locals to improve their English language skills. Providing Access Our Community Garden provided a tranquil natural space to local people, many of whom live in flats without garden5. Our volunteers loved the opportunities to grow. harvest and bring back the produce thev cooked to share with fellow volunteers. We secured five-year funding for our free sports sessions to enable physical wellbeing for locals who face barriers such as high gym prices or childcare issues. The funding also covers our CommuniTEA Café. which provides everyone with free hot drinks and a warm place to be all year round. Griffin Stone Moscrop & Co
Docusign Envelopè ID." 72617E48-35494D55-AE2D-AgBF20EBC25F Yeai" Elided 31 fvldl.ch 2024 Bonny Downs Community A55oelation Annual Report and Financial Statement5 Enabling Learning Our free youth club continues to provide young people with fun activities, learning, and new experiences such as Healthy Cooking in partnership with Eden Eat Club and gym with a qualif led personal trainer. Our Go Wild Summer Scheme helped 40 young people gain leadership qualifications, work experience and paid employment, whilst providing 103 children living in poverty access to free hot meals and activities during the school summer holidays. We supported 18 young people in their applications to the Youth Empowerment fund for much needed tech equipment and worked with Renewal Programme and PEPPO to offer free tuition clubs to support young people in their education. Highlights Our Advocacy service helped 170 older people tackle their hardships 347 people visited our Food Bank for emergency food parcels and sit-down hot lunches cooked by our volunteers 425 people used our Community Food Club for discounted food and essentials Our Debt Advisors provided 1.278 hours of advice and information to 59 clients Participant Quotes "I go to Pilates and look so forward to the closs and the coffee and cake or whatever the lovely people in the kitchen hove afterwords and it's allforfreel I'm also going on on over 65s outing. Well done to this omazing ploce. How lovely to know if you ore cold or lonely this ploce 15 here for youl "BDCA provided a fun and safe space for my kids during the Summertime, so thot I could continue to work and provide for mYfamily.- "BDCA ore helping all ways they con. Clothes. Vouchers, formula milk, nappies. All are really helpful for people who suffering to make our daily expenses." It's uplifting to be amongst others in the same boot and to see everyone thriving ond supporting each other." DIVERSITY Cross-cultura I friendsh i ps Our Family Hub continued to provide support for migrant families. Along with immigration and welfare advice and a Kidsbank of preloved clothes. families enjoyed activities to share each otherfs cultures, including cooking favourite recipes from home together every fortnight. We partnered with Greenwich University to campaign about the injustices facing newly arrived migrants especially those with No Recourse to Public Funds. Our free sports are led by diverse local instructors and helped people meet neighbours they might not otherwise have crossed paths with. These included Family Yoga for new mums, popular women-only fitness sessions, and Walking Football connecting men over 40 at risk of isolation. Responding to our diverse community We carried out surveys to engage our community and staff members in shaping our charity and services to better meet their needs. Our projects supported participants to take on active roles within their sessions, helping them to become leaders, volunteers and ambassadors and staff. We recruited a multi-lingual project attendee, Sharmin, to help welcome newcomers to our female exercise classes. GrifFin Stone Moscrop & Co
Docusign Envelope ID.. 726l7E4&3s4Ds5E2D9BF20EBC2sF I'ectr Ei)ded 31 tknl(ii cl) 20L4 Bonny Downs Community Association Annual Report and Financial Statements We listened to our community: at their request we started Yoga for All and Bhangra Fitness to engage under- represented audiences. Both have been extremely popular with Bhangra Fitness reaching maximum hall capacity in the first session. Learning about each others, cultures Our interfaith events brought together different communities to learn how we celebrate various religious events. such as the Onam Festival. Our partnership with Stratford East taught music and a Malayalee song to our families. Our Community Garden continued to bring intergenerational volunteers together. New regular volunteers this year have origins in Poland, Italy. Egypt. Bangladesh and America to name a few. Young people working on their Duke of Edinburgh Award. retired pensioners. and little toddlers with their parents, all joined together to weed. learn. and grow a variety of produces from quince to chocolate mint plants. Highlights 248 women took part in our sports and fitness programmes 77 volunteers from 2 to 76 years old spent 1,589 hours helping our garden grow 31 individuals spent 201 hours improving their English language skills Participant5 Quotes "It'5 been a lifeline. it's mode mefeel more integrGted within the community, helped me meet new people who live locally, it's been amazing., "In an oreo with o transitory population BDCA provide5 constancy andfamiliarity. It's on osset to Newhom.- "BDCA has improved my mental health massively being able to connect with so many different people of different cultures/backgrounds ond religions.- "BDCA has been o transformative experience for me. It s not just on organisotion,. it's a life-chonger. Through BDCA, I've improved my mentol wellbeing by connecting with a supportive community, enhanced my physicol health through engoging activities, and gained voluable skills. Moreover, I've made wonderfulfriends who hove become like family. BDCA hos truly enriched my life in way5 1 never imaoined." INNOVATION Trying out new ideas Driven by the vision of our office staff member Elkie, we piloted a playgroup for preschool children with Special Educational Needs in partnership with Mencap, LCIS and West Silvertown Foundation and funded by Kusuma Trust. With pilot funding from the NHS for preventative mental health services for young people, we have worked with music charity Community Albums to launch mentorin& accredited courses and therapeutic singing workshops for young people from nearby Eko Pathways School. In the garden, we partnered with New Life Newham to build a chicken coop and rescue rescued hens from battery farm. The anima15 are lovingly fed every day by a rota of Socals. In response to consultation. we invited experts from East London Business Alliance to deliver excellent employability training workshops to help local jobseekers find work. Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48.3s494D5ME2A9BF2OEBC2SF Year Ended 31 March 2i124 Bonny Downs Communlty Association Annual Report and Financial Statements Advancing our income sources Thanks to a grant from Suez, we boosted income from venue hire by making improvements to The Well Community Centre, including new air coriditioning unit5. We secured funding from Football Foundation for a brand-new tractor to maintain our well-used Football and Cricket facilities at Flanders Field. We also appointed a new Fundraising Assistant to boost our non-grant fundraising endeavours. He started selling clothes donated by local residents on the Vinted app and creating social media videos to encourage more residents to give theirtime and money. Reducing financial risks All charities faced intense financial pressure due to the Cost-of-Living crisis, and during the year trustee5 had to make some tough decisions for our social enterprises. We sadly decided to close our After School Club. after ten years of valuable service to local children and families. And we transferred our new social enterprise Nursery over to a more experienced provider, Tiny Town Daycare, to save job5 and protect this early years provision for working parents. Case StLidy'. Sharmin BDCA hnf helopfl mp qpt fjltter nnd ftronqpr Dhvficnlly nnd mentolly - Sharmin is a local parent used to working throughout her adult life. So, when she was made redundant from her long-term job after lockdown, it had a huge impact. She Says, ' M)1 coiifidence went, ond I felt very inseciire opid lost. Sharmin started attending our exercise sessions to improve her wellbeing. The classes helped her make new f riends and discover her passion for fitness as well as secure a new job as our Women's Sports Facilitator. 'After joining, I regoined my confidence, says 5harmin. "I love encouroging new people to join ond Seeing them flourish. And everyone coming together os o community ond having o good laugh with one onother." Highlights Our 2023 User surveys was ovehe[MIngIY positive. Highlights include: 98% would recommend BDCA activities to other people 97% experienced joy through our activities 94% feel more connected to their community 930A met neighbotjrs from different backgrounds. ages and cultures through our activities What our Partners & Supporters Say "Throughout more thon twenty years, Bonny Downs Community Associotion hos made an immensely positive. consistent contribution to the community I represent in Porlioment. Its ossessment of local needs is invariably sound. and it responds quickly ond flexibly when new needs orise - most remarkably during the Pt7ndemic. Activitie5 Clt The Well. and ot Flonders Field- both now vitol locolfocilities- are among the most hopeful in the area.- Sir Stephen Timms, MP for East Ham -1 want to express my deep appreciation and gratitude to BDCA for their unwavering commitment to our communityfor over many decades. BDCA'S tireless efforts have not only contributed to the overall well-being of our community but olso made a significant impact on the lives of our most vulnerable and marginalised residents. I would like to extend my heartfelt thonks to the entire staff of BDCA for their invaluable service. Your commitment, comp(7ssion, and hard work have created L7 stronger, more caring communityfor oll of us. Cllr Lakmini Shah, Councillor, L8 Newham GrifFin Stone Moscrop & Co
Docusion Envelope ID.. 72617E4&35494D5&AE2tkA9BF20EBC25F '1&05 Elided 31 twlai cli 2024 Bonny Downs Community Assoclatton Annual Report and Financial Statements -Bonny Downs has been East H(7m South's anchor charity. During the pandemic they Showed their incredible flexibility, coping with a more-than-five-fold increase in attendees at theirfood bank. Since the pandemic they have continued to make East Ham South a better place to live, both in terms of creating wonderful spaces like the CommuniTEA Cafe and gorden ond their myriad of activities for all ages. Cllr Susaii Masters, Councillor, LB Newham "We've long been admirers of BDCA and the amazing work they do, so iY5 been a privilege to be working closely in partnersl7ip with them this year. In the 6 months we have been based at The Well I have been so impressed at the scale and breadth of projects they deliver right ocross the community. From every age group to every section of East Ham's diverse demographic, no group is overlooked and the work is truly inclusive. It's been humbling to be able to work alongside these life- changing projects to help develop people and give the community a voice, through music and medio. We lookforword with excitement to what we will be able to achieve together in the coming months and years., Rob May, Co-founder, Community Albums "Our partnership with Bonny Downs (supported by Higgins) h05 ignited a culinary revolution in the centre. This collaboration has enobled us to merge two passions.. culinary education and community building. By joiningforces, we have expanded our geographic reoch to Newham and helped nurture young people's culinary talents by imparting life skills taught by our teom of professionally trained chefs. Our shared value and commitment to improving thefutures of young Londoners has meont this relationship has blossomed and we lookforword tofuture programmes with the centre. The proactive noture of both Chrispin ond Maya has transformed our ways of working with partnersl rhank youfor being o beocon for your members." Eden Lunghy. Head of Project5, Eat Club "We have loved partnering with Bonny Downs this yeorfor their Living Well Or(71 Histories project to celebrate BDCA'S 25th anniversary, funded by the Nation(71 Lottery Heritage Fund. It has been a privilege to interview staff and leGrn obout the history of this incredible community organisation ond the wonderful work that they do. This spring and summer, we olso worked closely with the Family Hub to take members on guided heritage trips ond visits around Newham, including the Thames Borrier Park and West Ham Stodium. We've been proud to display our exhibitions for Refugee Week and Block History Month at The Well and it's been omazing to get to know and work with the thriving community there. Freya Hope, Digital Community Officer, Eastside Community Heritage 10 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 726l7E48.3549405&AE2fgBF2OEBC2SF Year tnded 31 tvlarih 2024 Bonny Downs Community Assoclatlon Annual Report and Financial Statements Financial review (including reserves policy) The accounts have been prepared in accordance with the statement of Recommended Practice.. Accounting and Reporting by Charities {FRS 102) issued by the Charity Commission for England and Wales in October 2019. The Statement of Financial Activitie5 shows incoming resources of £1,501.521 12023: £1,235,216) and resources expended of £1.352.516 {2023: £1.326,0871 with additional Ioss on disposal of fixed assets of £10,102. Reserves carried forward amounted to £948,69112023: 809,7881 of these funds. £182,24112023: £94,905) were restricted funds, leaving unrestricted reserves of £766,450 12023: £714.8831 of which £380,69812023: £402,287) has been designated (see note 20a), leaving free reserves of £385,75212023: £312,596). Funds available without having to dispose of fixed assets were £330,70012023: £244,164) after investing £7,544.82 in the operational assets during the year. Where operational fixed assets were funded by restricted grants these have been included in income when spent and a transfer made from restricted funds to the designated fixed asset funds to cover the cost carried forward on the balance sheet to be depreciated over their useful life. The principal funding sources are grants £828,834 (2023: £495.6621. earned income from service contracts and other income £231,910 12023: £250,021), hire of facilities £139,596 (2023: £100,834), and user contributions and other income £301,18112023: £301,819). The trustees carried out a full risk analaysis of income and expenditure during the year and concluded the aim was to hold reserves equivalent to two to three months total running costs. to mitigate risk andlor cover the orderly winding down of activities should future funding be withdrawn. At current activity levels this represents a range of about £229.280 to £343,920 and current reserve5 cover this. The trustees are satisfied with the financial posttion of the charity- Plans for future periods A number of BDCA'S Community Support services operate from Bonny Downs Church Hall, which received planning permission in January 2024 for redevelopment. In the coming financial year. BDCA hopes to take on meanwhile use of a disused council building next door to The Well to ensure continuation of its vital services while the church hall is unavailable. Structure, governance and management Bonny Downs Community Association {BDCAI was formed by local people in 1998 in order to develop The Well Community Centre in partnership with Newham Council. Initially all team members were recruited from Bonny Downs Baptist church membership (and their families), however trustees are now drawn from a much wider spectrum of the community. The Charity is governed by its trustees who are also the company directors and meet regularly to manage its affairs on a voluntary basis. The charity employed 84 staff in total over the year127 FTEI The average number on the payroll over the year was 49. They were engaged in charitable activtties, finance and day-to- day administration. We also had IO0+ volunteers serving alongside the paid staff team to help deliver attivities, either as a placement from one of the projects or a member of the community giving a few hours a week. During this year BDCA is proud to be a London Living Wage accredited employer. 11 Griffin Stone Moscrop & Co
Do¢uslgn Envelope ID.. 72617E48_35494D5&AE20.A9BF20EBC25F e&r Ende(i 31 fvldrcn d024 Bonny Downs Community A550ciatlon Annual Report and Financial Statements Throughout this financial year, BDCA continued to embed its distributive leadership structure with more defined responsibilities for the senior team of five part-time Co- Directors12.8 FTE in total) who oversee the crucial charity-wide areas of Finance. Facilities, Partnerships, Fundraising, Innovation, Strategy, Marketing and Personnel. At the March 2024 Board meeting it wa5 agreed to change the job title of Sarah Laing from Managing Director to CEO. Risk management The trustees acknowledge there are busine55 risks associated with the service provided by Bonny Downs Community Association and have sought to manage those risks via insurance and working closely with Newham Council, which owns the freehold to The Well Community Centre and Flanders Field sports ground from which the charity operates. The principal operating risk is continuity of grant funding to cover the costs of charitable activities. Related parties Details of related parties and transactions with them are given in note 28. Funds held as Custodian Trustee on behalf of others BDCA does not hold funds as custodian trustee on behalf of others. Compliance with laws and regulations The trustees have established policies and procedures designed to ensure that it complies with all material laws and regulations in relation to the charitable company's operations and activtties. The trustees are not aware of any significant non-compliance with laws and regulations. Trustees, responsibilities Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing these financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently; observe the methods and principles in the Charities Statement of Recommended Practice ISORP IFRS make judgements and estimates that are reasonable and prudent; state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless it is inappropriate to presume that The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. 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. Independent auditor5 Following a tender process agreed at the 2023 Annual General Meeting. the Trustees appointed Griffin, Stone, Moscrop & Co as the charitable company's auditors. 12 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48.35494D5&AE2D-AgBF20EBC25F YL.iai Li Ided JI h(Idl cli 2J=. 4 Bonny Downs Community Associatlon Annual Report and Financial Statement5 Disclosure of information to the auditors We, the directors of the company who held office at the date of approval of these Financial Statements as set out above each confirm, so far as we are aware, that: there is no relevant audit information of which the company's auditors are unaware; and we have taken all the steps that we ought to have taken as directors in order to make ourselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. Small Companies, Exemptions The report of the directors has been prepared taking advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. In approving the Trustees, Annual Report, we also approve the Strategic Report included therein, in our capacity as company directors. On behalf of the board Signature: Dave Mann Chair of Trustees DATE: 26/1112024 13 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D55-AE2D-A9BF20EBC25F Year tnded 31 March 2024 Bonny Downs Communlty Assoclation Annual Report and Financial Statements Independent Auditor's Report to the Members for the year ended 31 March 2023 Opinion We have audited the financial statements of Bonny Downs Community Association Ithe'charitable company'l for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accotjnting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland Iunited Kingdom Generally Accepted Accountin8 Practice). In our opinion the financial statements: give a true and fair view of the state of the charitable companws affair5 as at 31 Marth 2024, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standard5 on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial Statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financi31 statements is appropriate. Based on the work we have performed, we have not identified any material uncertaintie5 relating to events or conditions that. individually or collectively, may cast Sl8nificant doubt on the charitable company'5 ability to continue as a goin8 concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustee5 With respect to going concerft are described in the relevant sections of this report. Other information The other information comprises the information induded in the trustees, annual report. other than the financial statements and our ouditorfs report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing 50, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements. we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have performed. we conclude that there is a material misstatement of this other infomiation. we are required to report that fact. We have nothing to report in this regard. 14 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E4&35494D5&AE2D-A9BF20EBC25F I'eai Ei Ided 31 f] Ji-kni 1 2J2. Bonny Downs Community Association Annijal Report and Financial Slalenients Independent Auditor's Report to the Members (cont.) Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit.. the information given in the trustees, report, which includes the directors, report prepared for the purposes of company law, for the finantial year for which the financial statements are prepared is con515tent with the financial statements,. and the direttors, report included within the trustees. report has been prepared in accordance with applicable 5e8al requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified rnaterial mi55totements in the directors. report induded within the trustees, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 require5 US to report to you if, in our opinion= adequate accounting records have not been kept. or returns adequate for our audit have not been received from branches not visited by us,. or the financial ststements are not in agreement with the accounting records and returns,. or certain disclosures of trustees, remuneration specified by law are not made,. or we have not received all the information and explanations we require for our audit; or the trustees were not entitled to prepare the financial statements in accordance with the small companies, regime and take advantage of the Small companies, exemption in preparing the directors. report. Responsibilities of trustees As explained more fully in the trustees. responsibilities statement, the trustee5 (who are also the directors of the charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misststement, whether due to fraud or error. In preparin8 the financial statements. the trustees are responsible for assessing the charitable compan¢s ability to continue as a goin8 concern, disclosing. as applicable. matters related to going concern and using the going concern basis of accounting unle55 the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statement5 35 a whole are free from material misstatement. whether due to fraud or error. and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISA5 IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularitie5, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: • carrying out substantive checking to support documents on a sample basi5 of individual transactions within income and expenditure to give comfort that on a sample basis the Statement of Financial Activities does not contain any irregular items,. carrying out walk-through testing to verify that the charity's accounting systems and controls are being implemented as designed; and the existence and valuation of these balances at the yearnd. 15 Griffin Stone Moscrop & Co c+l4thEDc(KA1th7sÉRETEBE*L1[aK
Docusign Envelope ID.. 72617E48-3s494D5&AE2tAg8F20EBC2SF Year Ended 31 March 2024 Bonny Down5 Community Association Annual Report and Financial Statements Independent Auditor's Report to the Members (Cont.) Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. Thi5 risk increases the more that compliance with a law or regulation is removed from the events and transattions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error. as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the FRCS website at: htt www.frc.or assurance auditor-s-res onsibilities-for-the-audit-of-the-fi descri tion-of-the-auditor%E2%80%99s-res This description forms part of our auditorfs report. auditors audit- onsibilities-for Use of our report This report is made solely to the charitable companrfs members, as a body. in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's member5 those matters we are required to state to them in an auditorfs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable compan(s members as a body. fof our audit work. for this report or for the opinions we have formed. Robert Smith (Senior Statutory Auditor) For and on behalf of Griffin Stone Moscrop & Co Chartered Accountant5 & Statutory Auditor 21-27 Lamb's Conduit Street London WCIN 3GS Date: 16 Griffin Stone Moscrop & Co
DolS19n Envelope ID.. 72617E48-35494D5&AE2D-A9BF20EBC25F LiiJ.d 3L K.1 Bonny Downs Community Association Annual Report and Flnancial Statement5 Statement of financial activities (including income and expenditure account) for the year ended 31 March 2024 2024 Restrirted Endowment funds funds 2023 Unrestricted funds Total Totsl Note Income and endowments from: Donations and legacies Activities for generating funds Investment income 213 131.355 618.734 1,592 738,537 11,303 869,892 630.037 1.592 582,260 652,674 282 Total income and endowments 751.681 749.840 1.501,521 1,235,216 Expendlture on: Raising funds Charitable activities Other governance 29.868 697.203 9.349 2.470 613,626 32,338 1.310,829 9,349 28,621 1,289.707 7,759 Total expendlture 736,420 616,096 1.352.516 1.326,087 Net gains / Ilossesl on investments Net Incomellexpenditure) 15,261 133,744 149,005 190,871) Transfers between funds 20 46.408 146.4081 Other recognised gains/{lossesl: Other gainslllossesl 110.1021 110,1021 Net movement in fund5 51,567 87,336 138,903 (90.8711 Reconciliation of funds: Total funds brought forward 714.883 94,905 809,788 900,659 Total funds carried fonvard 766 450 182 241 809 788 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised during the year. For charitable companies not preparing a separate summary income and expenditure account onlv. The notes on pages 21 to 43 form part of these financial statements. 17 Griffin Stone Moscrop & Co
Docusign Envelope ID". 72617E48-35494D55-AE2D-A9BF20EBC25F Ybdi Liid¢d JI Iv1J', Bonny Down5 Community A550ciation Annual Report and Financial Statements Summary income and expenditure account For the year ended 31 March 2023 2024 2023 Note Income Gainslllossesl on investments Interest and investment income 1.499.929 1.234.934 1,592 282 Gross income 1,501,521 1,235,216 Expenditure Interest payable Depreciation and impairment charges 1.281.499 1.250,375 9113 71.017 75.712 Total expenditure 1,352.516 1.326.087 Net Income/(expenditure) 149,Ci15 190,8711 The notes on pages 21 to 43 form part of these financial statements. 18 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D55-AE2t>A9BF20EBC25F Yeai Ended Jl Marcn Lod4 Bonny Oowns Community Association Annual Report and Flnancial Statements Balance sheet As at 31 March 2023 Company registration number: 03625785 2024 2023 Note Fixed assets Tangible assets 13 435,750 470,719 435.750 470,719 Current assets Debtors Cash at bank and in hand Deposit accounts 14 77,581 544.479 153,594 115,066 370,257 151,953 775,654 637,276 Creditor5: amounts falllng due within one year 15 {262.7131 1298,2071 Net current assetsllliabilities) 512,941 339,069 Total assets less current liabilities 948,691 809,788 Net assets/lliabilities} 948,691 809,788 Charity Funds Endowment funds: Permanent endowment Expendable endowment Restricted funds Unrestricted funds". Designated funds General fund 20b 182.241 94,905 20a 20a 380,698 385,752 402,287 312.596 Total charity fundslldeficit) 20 948.691 809,788 For the year ending 31 March 2024 the Company was entttled to exemption from oudit under section 477 of the Companies Act 2006 relating to small tompanies but as this company is a charity, it is subject to audit Under the Charities Act 2011. Directors. responsibilities.. The members have not required the compar)y to obtain an audit of its accounts for the year in question In accordance with section 476: The directors acknowledge their responsibilities for Complyin8 Wlth the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the Small companies, regime and in accordance with FRS102 an(1 Charities SORP IFRS 102}. The financial statements were approved and authorised for issue by the Board on 26th November 2024 and Signed on behalf of the Board ofTrustees. VLpkr Brian Dexter, Trustee Date: 26/1112024 The notes on page5 21 to 43 form part of these financial ststements. 19 Griffin Stone Moscrop & Co CA<9T¥ILCNTWII7&PEf5luTo5
Docusign Envelope ID.. 72617E43S4O5&AE2D9BF2OEBC2SF Yéai Li',dud 31 NitsI Lli 2U2.1 Bonny Downs Community Association Annual Report and Financial Statements Statement of cash flows For the year ended 31 March 2024 2024 2023 Note Cash flow from operating activitie5 Interest paid 26 227,710 49,864 Net cash flow from operatin8 activitie5 227,710 49,864 Cash flow from investing activities Payments to acquire intangible fixed assets Receipts from sales of intangible fixed assets Payments to acquire tangible fixed assets Receipts from sales of tangible fixed assets Payments to acquire investments Receipts from sales of investments Interest received Dividends received Rents received from investment properties 13 154,0851 646 {52.5601 1,592 282 Net cash flow from investing activities 151.8471 152,2781 Cash f low frorn financlng activltles Receipts from issue of new long term loans Repayment of long term loan5 Repayment of finance lease liabilities Interest paid Receipt of permanentlexpendable endowment Net cash flow from financing activities Net increaselldecreasel in cash and cash equivalent5 175,863 12,4141 Cash and cash equivalents at l April 2023 522.210 524,624 Cash and cash equivalents at 31 March 2024 698,073 522,210 Cash and cash equlvalents consists of: Cash at bank and in hand Short term deposits 544,479 153,594 370,257 151,953 Cash and cash equivalents at end date 31 March 2024 698.073 522,210 The notes on pages 21 to 43 form part of these financial statements. 20 GrifPin Stone Moscrop & Co
Docusign Envelope ID.. 72617E4&35494D55-AE21MgBF20EBC25F Bonny Downs Community Association Annual Report and Financial Statement% Notes to the financial statements l. Summary of significant accounting policies a. General information and basis of preparation Bonny Downs Community Association is a private company limited by guarantee in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page l of these financial statements. The nature of the charivs operations and principal activities are to relieve need, hardship and distress of the elderly or sick in the London Borough of Newham, or elsewhere. to advance education and to provide and promote the provision of sports and sporting facilities for all age groups in the London Borough of Newham and elsewhere. The charity constitutes a public benefit entity as defsned by the Financial Reporting Standard applicable in the United Kin8dom and Republic of Ireland IFRS 1021. The financial statements have been prepared in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" ISORP IFRS10211 issued in October 2019, FRS 102, the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Prattice las it applies from l January 20191. The financial statements are prepared on a going cOnM basis under the historical cost convention, modified to include certain items at fair value. The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £1. The significant accounting policies applied in the preparation of these financial statements are set out below. These poliaes have been consistently applied to all years presented unless otherwise stated. b. Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes including investment Sn fixed assets. The aim and use of each designated fund is set out in the notes to the financial statements. Restritted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. For clarity of reportin& only restricted fund income of £IO,QOO or more is shown individua51y in the notes to the accounts, amounts below this are aggregated and reported at project or activity level. Restricted funds used for purchase of fixed a55ets carried on the balance sheet are transferred to designated funds to offset future depreciation charges. c. Incorne recognition All incoming resources are included in the Statement of Financial Activities ISOFAI when the charity is legally entitled to the income after any Performan conditions have been met, the amount can be measured reliablv and it is probable that the income will be received. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. 21 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D5&AE2LiA9BF20EBC25F Year Ended 31 March 2024 Bonny Downs Community Associatlon Anniial Report and Financia1 Stalenients Donated facilitie5 and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably. and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and service5. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021. Further detail is given in the Trustees. Annual Report. Where practicable. gifts in kind donated for distribution to the beneficiaries of the charity are included in Stock and donations in the financial statements upon receipt. If it is impracticable to assess the fair value at receipt or if the costs to undertake such a valuation outweigh any benefits, then the fair value is recognised as a component of donations when it is distributed and an equivalent amount recognised as charitable expenditure. Gifts in kind donated for resale are included at fair value. bein8 the expected proceeds from sale less the expected costs of sale. Where estimating the fair value is practicable upon receipt it is recognised in stock and 'Income from other trading activities. Upon sale, the value of the stock is charged a83in5t 'lncome from other trading activities, and the proceeds are recognised a5 '1ncome from other trading activities. Where it is impracticable to fair value the items due to the volume of low value items they are not recognised in the financial statements until they are sold. This income is reco8nised within 'lncome from other trading activities. Fixed asset gifts in kind are recognised when receivable and are included at fair value. They are not deferred over the life of the asset. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacv being received. At this point income is recognised. On otcasion legacies will be notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity- Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants from the London Borough of Newham. Income from government and other grants are recognised at fair value when the charity has entitlement after any performance conditions have been met, it is probable that the income will be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Investment income 15 earned through holding assets for investment purposes such as shares and property. It includes dividends, interest and rent. Where it is not practicable to identify investment management costs incurred within a scheme with reasonable accuracy the investment income is reported net of these costs. It is included when the amount can be measured reliably. Interest income is recognised using the effective interest method and dividend and rent income is recognised as the charitls right to receive payment is established. d. Expenditure recognition All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all Costs related to the category. Expenditure is recognised Whe there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be required, and the amount of the obligation can be measured reliably. It is cate8orised under the following headings.. Costs of raising funds are those incurred in seeking voluntsry contributions and do not include the costs of disseminating information in 5UPPOrt of the charitable artivities. 22 Griffin Stone Moscrop & Co
Docuslgn Envelope ID.. 72677E48-3s494D5&AE2AgBF2OEBC2SF Yeai Liided )1 fvloi cli LiJ24 Bonny Downs Community Assoclation Annual Report and Financial Sialeniernts Expenditure on charitable activities includes the costs of arranging and running charitable activities and manaBin8 and maintaining the properties that are available for hire by the community or let to Other expenditure represents those items not falling into the categories above. Governance Costs are those incurred in connection with administration of the company and compliance with constitutional and statutory requirements. Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. Expenditure representing assets costing over £l.000 that will be in use for more than one year is accounted for as described in (fl Tangible fixed assets below. e. Support costs allocation Support costs are those that aSSi5t the work of the charity but do not direttly represent charitable activities and include office costs, governance costs, administrative payroll costs. They are incurred dirertly in 5UPPOrt of expenditure on the objects of the charity and include project management carried out centrally. Where support Costs cannot be dirertly attributed to particular heading5, they have been allocated to cost of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises costs and other overheads have been allocated on the basi5 of the head count/dirert salary costs. Fund-raising costs are those incurred in seekin8 voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. The analysis of these costs is included in note 7. f. Tangible fixed assets Tangible fixed assets are stated at cost lor deemed costl or valuation le55 accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets. at rates calculated to write off the cost. less estimated residual value, of each asset on a systematic basis over its expected useful life as follows= Building improvements- Over 4-35 years Plant and machinery- Over 34 years Fixtures and fittings - Over 3-5 years Sports equipment- Over 4 years g. Debtors and creditors receivable/payable within one year Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recogni5ed in expenditure. h. Cash and cash equivalents Cash represent5 cash in hand plus bank balances immediately available to the charity. Cash equivalents are bank balances held on short term deposit available to the charity at up to 3 months. notice. i. Impairment A55ets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asseL or the asseys cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recogni5ed in profit or loss unless the asset is carried at a revalued amount where the impairment10s5 is a revaluation decrease. 23 GrifPin Stone Moscrop & Co TE[£1)JKthTS1&S[ftEwjIC
Docusign Envelope ID.. 72617E4&35494D55-AE2D-A9BF20EBC25F Yeèr Ended 3.1 March 2024 8onny Downs Communlty Assoclation Annual Report and Financial Statements j. Impairment Provisions are recognised when the charity has an obligation at the balan sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated. k. Leases Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the a55et. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors. Rentals payable and receivable under operating lease5 are charged to the Statement of Financial Activities on a straight-line basis over the period of the lease. l. Employee benefits When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. Redundancy and termination payments are expensed as they become payable unle55 they arise from a business re-organisation when they are intluded as a provision when the decision is taken. The charity operate5 a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable. .Tax The charity is an exempt charity within the meaning of sthedule 3 of the Charities Act 2011 and is considered to pass the tests set out in Paragraph I Schedule 6 Finan Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. . Going concern The financial statements have been prepared on a 8oin8 concern ba515 as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The bud8eted income and e¥penditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. o. Financial Instruments Financial instrurnents such as loans, accounts payables. accounts receivables and cash are classified either as basic or complex. All financial instruments are initially measured at their fair values at the time the transactions occur. Subsequently all basic instruments are measured at amortised cost and all complex financial instruments are measured at a fair value through the comprehensive income statement. Financial instruments held by the charity are classified as follows: Financial assets such as cash and receivables are classified as loans and receivables and held at amortised cost using the effertive interest method Financial liabilities such as bonds and loans are held at amortised cost using the effertive interest method p. Judgements and key sources of estimation uncertainty The preparation ofthe finanaal statements requires management to make judgements, estimates and assumption5 that affert the amounts reported for assets and liabilities a5 at the Statement of Financial Position Ibalance sheet) date and the amounts reported for revenues and expenses durin8 the year. However. the nature of estimation me3n5 that actual outcomes could diffef from those estimates. The following judgements lapart from those involving estimates) have been made in the process of applying the above accountin8 policies that have had the most significant effert on amounts reco8ni5ed in the financial ststements: 24 Griffin Stone Moscrop & Co
Docusign Envelope ID". 72617E48-35494DS&AE2tkA9BF20EBC25F Year Ended 31 March 2024 Bonny Downs Community A5s0clation Annual Report and Financial Statements Other key sources of estimation and assumptions.. Tangible fixed assets. Tangible fixed a55ets a depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-a5se55ing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions. the remaining life of the asset and projected disposal values. The carrying value of fixed assets and accumulated depreciation are set out in Note 13. Allocation of administration costs. A proportion of expenditure is either not directly attributable to specific project5 or relates to the central administration of the charity. In determining how to allocate these costs the trustees have considered the level of activities in each projett, use of facilities and administrative support. 25 Grtffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48.3549405&AE2N9BF20EBC25F Year Ended 31 fv)arcn 2024 Bonny Downs Communlty Assoclation Annual Report and Financial Statements Notes to the financial statements 2. Income from donations & legacies Unrestricted Restrirted funds funds Totsl funds Unrestricted Restricted 2024 funds funds Total funds 2023 Gifts and Legacies 26,709 14,349 41.058 48.613 37,985 86,598 Government and non-government grants (note 31 104,646 724,188 828.834 92,199 403,463 495,662 Donated services Donated goods for distribution to beneficiaries Other 131,355 738.537 869,892 140,812 441,448 582,260 Income from grants, donations and legacies was £875,37312023: £582,260) of which £nil12023: £nill was attributable to endowments, £744,018 {2023: £441,448) was attributabSe to restricted and £131,35512023: £140,812) was attributable to unrestricted funds. Trustee donations during the year were £746 towards core costs and Christmas toy appeal {2023: £469- core costs and Christmas toy appeal). 26 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 726l7E4&35494D5E29BF2OEBC2SF Y&dl LiiLI id 21 M,lJi"ih. 2Q'4 Bonny Downs Community A550ciation Annual Report and Financial Statements Notes to the financial statements 3. Grants Total Funds 2024 urestcted Total Funds 2023 UrFrestscted Restricted Restricted London Borough of Newham lotherl National Lottery (Trust Reaching comrnunities G3rden/sportslelder5. Cost of Living supp)rt, youth, hertta8e project) Clty Bridge Trust IEldersl Sport Enand East End Community Foundatton (Covld rellef I summer schemelyouthl 64.661 64,661 2,500 38,033 40,533 33.560 1.100 227,354 39,482 260,914 40.582 15,366 36,088 8,063 15,366 39,465 8.063 3,377 29,262 20,239 37,052 23,626 113,395 29,262 20,239 40,038 23,626 113,395 7,000 10.000 2,830 44,333 21,052 36.691 40.371 43.425 7.000 9,995 14,367 10,316 7,885 10,593 47.163 21,052 36,691 40,871 43,425 7,000 9,995 14,367 10,316 7,885 10,593 Trussell Trust Mercers Company BBC Children in Need Ichlldrenllamlllesl Cadent Gas Ltd. 2,986 500 Albert Hunt Trust 7,000 Awards for All 10.000 Drapers UK Power Partners GVC Capital improvements (Bernard Sunley. Hobg Charlty, football foundatlonl 81£ Issue Invest (social enterprise 5UPPOrtfor Nursery 33,095 33,095 25,094 25,094 33.242 45.818 33,242 45,818 Garfield Weston 50,000 50,000 20,333 16.123 55.492 Masonic Charitable trust Ichildrenlfamiliesl Kusuma Ichlldrenlfamillesl 20.333 16,123 55,492 Compass Iyouth projettsl Other-grants Othe¥- donations io.cKJo 26.709 34,074 14,349 44,074 41,058 3,932 48,613 34,789 37,987 38.721 86,600 131,355 738,537 869,892 140,812 441.448 582,260 £64,661 {2023: £40.533} of government grants were received. £64,66112023.. £40,533) of government grants were received from London Borough of Newham for different projects. 27 Griffin Stone Moscrop & Co
Docusign Envelope ID. 72617E48-35494D55AE2D-A9BF20EBC25F Year Enoed 31 larcn 2024 Bonny Downs Communlty Assoclatlon Annual Report and Financi31 Statements Notes to the financial statements 4. Income from charitable activities (including Local Authority Service Contracts) 2024 2023 Administration- Management fees receivable Youth commissioning contract Homeless daycentre Sports ground maintenance The Well Community Centre room hire charges Sports pitch hire Nursery fees Children and families activities Elders activities Sports facilities and sports development activity fees Community Food Club Irestrictedl Sundry income 3.013 150,690 54,207 24,000 92,719 46,877 164.874 64.230 14.131 2,589 152,268 71,164 24,000 64.474 36.360 204.471 79,901 16,141 200 10.999 4,297 1,106 All unrestricted 630.037 652,674 Income from charitable activities was £630,03712023: £652,674) of which £nil12023". Enil} was attributable to endowments, £11,30212023: £nil) was attributable to restricted funds and £618,734 12023: £652,674) was attributable to unrestricted fu nds. 5. Income from investment5 2024 2023 Interest fixed interest securities Interest - deposits Other 1.592 282 All unrestricted 1,592 282 Income from investment was £1,59212023: £2821 of which £nil {2023: £nill was attributable to endowments, £nil12023: £nil} was attributable to restricted and £1,59212023: £282) was attributable to unrestricted funds. 28 Griffin Stone Moscrop & Co
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< Ln
Docusign Envelope ID.. 72617E4&3544D5S-AE2D-A9BF2OEBC2SF Ye6r Ènded 31 March 2024 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statement5 Notes to the financial statements 7. Allocation of sUPPOrt costs and shared costs Support costs Shared costs Total 2024 Support costs Shared costs Total 2023 Support cost analysis (Note 7a) Fund raising costs Central administration The Well Community Centre After school club Children and families Youth 37.979 1184,962} 1146,9831 11,514 21,807 33,321 21 6,471 6,492 26,680 27,517 30,726 31,542 16,058 17,126 8,488 8.548 28,843 39,134 23.578 26,334 52 38,IM)2 1157.9731 1119,9711 10,498 16,890 27,388 658 21,702 22.360 I,oii 18,407 19,418 490 21,707 22,197 13,353 13,712 4,130 4,245 19,223 31,537 20.051 21,009 168 837 816 Elders Food / garden project Sports developmentlfacilities Poverty response / community support Minibus 1,068 60 359 115 10,291 2,756 52 12,314 958 168 Nursery 5,275 22,311 27,586 2,725 22,510 25,235 Total 70.669 70,669 67,298 67.298 7a. Analysis of Support Costs Legal and Office professional running expenses expenses Legal and Office professional running Total 2024 expenses expenses Support costs Total 2023 Fund raising costs Central administration The Well Community Centre After school club Children and families Youth Elders Food / garden projert Sports developmentlfacilities Poverty response I community support Minibus 18.746 2.038 19,233 9,476 20 37,979 11,514 21 22,326 1,818 572 15,676 8,680 86 38,002 10,498 658 536 301 837 836 175 I,oii 490 482 334 816 50 440 67 i.coi 1,068 60 loo 259 359 50 65 115 596 9,695 2,526 10,291 2,756 52 1,889 10,425 955 12,314 958 230 52 168 Nursery 5,197 78 5,275 2.117 608 2,725 Total 27,945 42,724 70.669 29,929 37.369 67,298 30 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D55-AE2t)A9BF20EBC25F year Ended 31 fvlaich 2024 Bonny Downs Cornmunlty A$50Ciatlon Annual Report and Financial Statements Notes to the financial statements 8. Governance costs 2024 2023 Trustee remuneration and expenses Independent auditors. remuneration (including expenses and benef its in kindl 9.349 6,501 Other: adjustment to prior year audit fee accrual 1,258 9,349 7,759 9. Net income/(expenditure} for the year 2024 2023 Net income/(expenditure) is stated after charging/{crediting): Depreciation of tangible fixed assets Impairment of tangible fixed assets IGainl/loss on sale of tangible fixed assets Independent auditors, fees (excluding VAn: Audit services Other services Operating lease rentals 76,665 75,712 11.743 7,833 6,501 1,200 2,687 10. Independent auditor's remuneration The independent auditorfs remuneration (excluding VATI amounts to an independent audit fee of £7833 {2023: £6501) and other services are preparation of the statutory accounts of £Nil {2023- £12001. 11. Trustees, and key management personnel remuneration and expenses The trustees neither received nor waived any remuneration during the year {2023: £nil}. The total amount of employee benefits (excluding pension) received by key management personnel is £Nil12022: £Nill. The Charity considers its key management personnel comprise. lfflhe trustees listed on page l. )Itlhe senior leadership team (SLT) listed on page I, to whom the trnstees delegate day to day management of the charity. Remuneration of key management personnel- 2024 2023 Wages and salaries Defined contribution pension costs Other benefits 128,692 3,684 120,132 4,217 132,376 124,349 31 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-35494D5&hE2tkA9BF20EBC25F Ygdl Ei)ded 31 Iwldl 1¥ 2024 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements 11. Trustee5' and key management personnel remuneration and expenses (cont.) No trustees are accruing pension 3rranEements12023: £nill. The trustees did not have any expenses reimbursed during the year12023: £nil}. Included in above are £nil12023: £nil) which have been paid directly to third parties. 12. Staff costs and employee benefits The average monthly number of employees and full time equNalent {FtEI during the year was as follows: 2024 2024 2023 2023 Number FTE Number FTE Raising funds Charitable activitie5 Governance 0.63 26.4 0.02 0.77 24.66 0.02 49. 17 52.25 49.17 27.05 52.25 25.45 The total staff costs and employees. benefits was as follows: 2024 2023 Wages and salaries Social security Defined contribution pension costs Redundancy costs Volunteer costs Training costs Recruitment, staff welfare and travel Consulta nts 782,340 48,598 18,338 3,055 3,816 5,572 2,796 4,232 868,747 868,245 59,956 19,190 1,364 3,068 6,297 1,684 959,804 Total redundancy/termination payments amount to £3,055 (2023: £1,364) No employee5 received total employee benefits {excluding employer pension costs} of more than £60,000. Note.. social security costs include employer national insurance contributions. 32 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E4&35494D55-AE2L¥AgBF20EBC25F Year Ended 31 March 2024 Bonny Downs Communlty Asso¢latlon Annual Report and Financial Statements Notes to the financial statements 13. Tangible fixed assets Building development Nursery Nursery extension equipment Sports Offt facilities equipment Plant and machinery Minibus Total Cost or valuation.. At l April 2023 Transfers IIS,047 366,436 28.155 12,793} 39,544 40,083 101.404 2,793 22,881 {6841 14,092 704,761 Additions 31.204 54,085 126,0461 Disposals Revaluation 125,3621 At 31 March 2024 115,047 366,436 39,544 71,287 126,394 14,092 732,800 Depreciation- At l April 2023 Transfers Charge for the year Impairment Revaluation Elimin3ted disposals At 31 March 2024 80.910 13.084 8,095 13.6261 7.274 33.777 13.290 72,791 3.626 17,052 12,095 234,042 22,886 10.470 3,231 14.976 776 76,665 111,7431 11,9151 91,554 113,6581 297.049 103.796 23,554 37,008 28.266 12,871 Net book value: At 31 March 2024 11.251 342W2 2,536 43.021 34,840 1,221 435,751 At 31 March 2023 34,137 353.352 20.060 5.767 26.793 28.613 1.997 470,719 14. Debtors 2024 2023 Trade debtors Other debtors Prepayments and accrued income 44,874 74,689 32,707 77,581 40,377 115.066 15. Creditors: amounts falling due within one year 2024 2023 Trade creditors Other tax and social security Other creditors Pension contributions Accruals Deferred income (note 171 Bank overdraft 14,870 12,294 250 18,519 15,286 250 36.774 195.594 2,931 262,713 33,508 227,594 3.050 298,207 Details of leasing arrangements are provided in note 16. 33 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48.35494D5ME2N9BF20E8C25F Ye4r &Jided 31 fvldi cli 2024 Bonny Downs Community Assoclation Annual Report and Financial 5tatement5 Notes to the financial statements 16. Leases Operating leases - lessee Total future minimum lease payments under non-cancellable operating leases are as follows: 2024 2023 Not later than one year Later than one and not later than five years Later than five years 3,097 2,305 3,097 5,402 5.402 8,499 The charity completed a new 35-year lease on The Well Community Centre on 11 March 2021 with initial peppercorn rent for the first 5 years. after this period there is a rent review and a break clause, hence the total commitments until the first rent review are £5. 17. Deferred income Under I Year Over I Total Under l Over l Total 2024 Year Year 2023 year At l April 2023 Additions during the year (income received in advance) Amounts released to income 227,594 227.594 102,656 102,656 195.594 195.594 227,594 227,594 {227,5941 (227,594} (102,656) 1102,6561 At 31 March 2024 195,594 195.594 227.594 227,594 18. Accrued funding commitments Under I Year Over I Year Total Under I 2024 Year Over I Total 2023 year At l April 2023 Additions during the year charged to income Amounts paid during the year At 31 March 2024 19. Provisions for liabilities Total At l April 2023 Additions during the year Amounts charged against the provision Unused amounts reversed At 31 March 2024 34 Griffin Stone Moscrop & Co
Oocusign Envelope ID.. 72617E4&35494D5&AE2tM98F20E8C25F Yedr Ènded 31 ilrch 2024 Bonny Down5 Community Assoclatlon AnnLtal Report and Financial Statements Notes to the financial statements 20. Fund reconciliation a. Total funds Balance at I April 2023 Gains / Ilossesl Balance at 31 March 2024 Current period Income Expenditure Transfers Unrestricted.. General fund Designated= Fixed asset5 Iminibusl Fixed assets IBuildingl Fixed assets INurseryl Fixed assests {Office Equipment) Fixed assests {Sports Equipment) 312.596 751.681 678,525 385,752 697 696 24,937 346,203 12.424 18.026 22,038 16,276 7,094 11,791 2,899 319,825 20,534 37,439 110.1021 15,204 31,204 714,883 751,681 736,420 46,408 110,1021 766.450 Restricted (note 20bl 94.905 809,788 749.840 1,501,521 616.096 1.352,516 146.4081 182.241 948.691 110,1021 ote- transfers between restricted funds to fixed asset designated funds represent restricted grants spent on fixed assets which will be depreciated over their useful life. Balance at I April 2022 Gains / Balance at 31 Ilossesl March 2023 Prior period Income Expenditure Transfers Unrestricted.. General fund Designated: Fixed assets (Minibus) Fixed assets IBuildingl Fixed assets INurseryl Fixed assests (Office Equipment) Fixed assests (Sport5 Equipment) 364.022 793.768 845,194 312,596 8,047 37,553 352,237 2,642 14,156 778,657 7,350 19,648 17,167 1.234 697 7,032 11,133 11,016 9,510 38,691 24,937 346,203 12,424 18,026 714,883 793.768 896.233 Restricted {note 20bl 122,002 900,659 441,448 1,235,216 429.854 1.326,087 138,6911 94,905 809.788 35 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 726l7E48-354g4D55-AE2BF2OEBC25F Year tnded 31 Fvl6rcn 2L124 Bonny Downs Communlty Assoclatlon Annual Report and Financial Siatenients Notes to the financial statements 20. Fund reconciliation {continued) b. Restricted Funds Due to the number of restricted grants received, only those where receipts or payments in the year or carried forward balances exceed £8,000 are shown individually. Other restritted grant funds are pooled by activity. Balance at I April 2023 Gains / Balance at 31 Ilossesl March 2024 Current period Income Expenditure Transfers Restricted funds-admin Nursery grants lincluding Garflekl Weston) 2.948 576 11,8171 555 1.384 1,282 102 Holiday club grants IC&FI 1,500 11.145 12,645 Restricted funds IC&FI-other' 2,779 12.286 10,053 5,012 BBC Chlldren In Need 2,284 23,626 24,632 1,278 EECF Life Chances 1.515 15,450 16,432 533 Drapers company 7.935 3.385 4.550 City Bridge Trust- Elders 475 39,482 33,124 6,833 Restricted funds- Elders other 10.125 7.378 5,943 11.560 Restricted funds- sports 9.822 11,061 9.168 13,8541 7.861 National Lottery Heritage Fund 51.849 42,973 8.876 Restricted funds- The Well 345 9.461 19.5331 183 Restricted funds- Youth 4.778 4.167 4.122 4.823 Mercers Company Restricted funds- Food Project 274 37.052 31,622 5.704 5.417 2.sc 135 7.782 Restricted funds- Poverty response. 24.518 35.527 44.788 15,257 Trussle Trust Financial Inclusion Grants Nationa Lottery Cost Living support grant National Lottery Reachin8 Communitiès 3.624 20.239 18.178 5.685 38,559 38,547 12 5,864 126,991 114,034 18,821 Cadent Gas Ltd. 965 113,395 87,658 26,702 Compa55 Youth Grants 55,492 51,046 4,446 National Lottery Million Hours-youth 9,955 6.646 3.309 Kusuma grant IC&FI Masonlc Charitable Trust IC&FI' 16.123 11.552 4.571 1.196 20.333 15.307 6.222 L8N Welcome Newham grnnt IC&FI' 1,743 12.gX) 8,431 6.212 Community Food Club* LBN Community Meals grant LBN Community Advice in Newham grant 5.414 10.999 11,185 5.228 5.378 8.002 15.822 5.552 10,270 Capital grants for playlng field 34,667 1,612 131,2041 1,851 94.905 749.839 616.096 146A081 182.240 Split on caryforwèrd 36 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 72617E48-3s494D55-AE2Ag8F2OEBC2SF Ei)ded 31 fvldi Lh 2a24 Bonny Downs Community A550ciatlon Annual Report and Financial Statements Notes to the financial statements 20. Fund reconciliation {continued) b. Restricted funds {continued) Balance at I April 2022 Gain51 1105sesl Balance at 31 March 2023 Prior period Income Expenditure Transfers Restricted funds-admin 7,527 I,o(KJ 1,943 13.6361 2,948 Nursery grants lincluding Garfield We5tonl 4,3LI) 2.916 1,384 Holiday club giants IC&FI 20.621 19,121 1,500 RestrTCted funds IC&FI-other' 13,406 11.810 19.498 12.9391 2,779 8BC Children In Need 21,095 40.371 59,182 2,284 EECF Life Chances 28,485 1,515 Drapers cornpany 14.367 6.432 7,935 City Bridge Trust- Elders 4.883 36,088 40,496 475 Restricted funds- Elder5 Other 20.082 8,348 18,305 10,125 Restrirted fund5- Sports 913 30,507 21.598 9,822 Sport England- Cricket net5 9,510 19,5101 Restrictèd funds-The Well 25.104 381 124,3781 345 Restricted funds-youth 3,432 10.015 8,669 4,778 Mercers Company 36.691 36.417 274 Restricted funds- Food Project 6,270 13,050 13.903 5,417 Restricted funds- Poverty response" 32,423 71.517 72.840 16.5811 24,518 Trussle Trust Financial Inclusion Grants 2.450 18,552 17.378 3.624 UK Power Partner5 li 10,316 10.327 National Lottery Reaching Comrnunities 15,366 9,502 5,864 Cadent Gas Ltd. 43.425 42,460 965 Masonic Charitable Trust IC&FI 1.196 1,196 LBN Welcome Newham grant IC&FI' 1.743 1,743 Communtty Food Club* 5,414 5,414 122,LV)2 441.448 429,853 138.6911 94,905 Spllt on carry forward 37 Griffin Stone Moscrop & Co
Docusign Envelope ID.. 726l7E4&35494055-AE2Ag8F2OEBC2SF Y¥dJ Ei)ded 31 March 2024 Bonny Oowns Communlty Association Annual Report and Financial Statements Notes to the financial statements 21. Fund descriptions al Unrestricted fund5 The unrestricted funds represent the free funds of the charity which are not designated for particular purposes. bl Designated funds These represent amounts set aside by the trustees to cover investment in fixed assets and future expenditure or commitments such that the reseNes are not available to cover general operating costs. cl Restricted f unds Funds are deerned to be restricted when received for specific projects or to fund specific expenditure {for example salary costs for specific projects}. The details of the main restricted funds are given above. 22. Analysis of net assets between funds Unrestricted funds Designated funds Restricted funds Current period Total 2024 Fixed assets Cash and current investments Other current assets Creditors within less than one year Provisionslpensions 55.052 532,004 58.478 (259.7821 380,697 435,749 695.143 77.581 (259.7821 163,139 19.103 Total 385,752 380,697 182,242 948.691 Unrestricted funds Designated funds Restricted funds Prior period Total 2023 Fixed assets Cash and current investments Other current assets Creditors within less than one year Provisions/pension5 68,432 438,215 104,156 1298,207) 402,287 470,719 522,210 115,066 (298.207) 83,995 10,910 Total 312,596 402,287 94,905 809,788 38 Griffin Stone Moscrop & Co
Docusi9n Envelope ID.. 72617E48-35494D5ME2D-A9BF20E8C25F Yvdr Ei Ided 31 fvldicli 2u24 Bonny Downs Communlty Assoclatlon Annual Report and Financial Statements Notes to the financial statements 23. Pensions and other post-retirement benefits al Defined contribution pension plans tllhe charity operates two defined contribution pension plans for its employees. The amount recogni5ed as an expense in the period was £18,338 {2023: £19,190). ilhe defined contribution liability is allocated to unrestricted funds. 24. Financial commitments There are no financial commitments that have been authorised but not yet contracted for. Refer to Note 16 for details of operating leases. 25. Events after the end of the period There have been no post balance sheet events that require disclosure. 26. Reconciliation of net income/lexpenditure) to net cash flow from operating activities 2024 2023 Net incomel{expenditurel for year 138.903 190,8711 Dividends received Rents received from investment properbes Interest receivable (note Sl Interest payable Depreciation and Impaimient of tanwble fixed a55ets (note 91 Amorttsation and impairment of intangible fixed assets IGain5l/losses on investments IProfit11105s on disposal of tangible fixed assets IProfitl/loss on disposal of fixed asset investments ReIpt of endowment Post-employment benefits less payments Provisions less payments Ilncreasellde£rease in stock Ilntreaselldecrease in debtors Increaselldecreasel in creditors 11.5921 {282} 76.665 75,712 11,743 37,485 135.4941 153,254} 118,559 Net cash flow from operating activities 227,710 49,864 39 GrifPin Stone Noscrop & Co
Docusign Ellvelope ID.. 72617E4e_354DsAE2D-A9BF2OEBC25F Yecll Elided 31 rjr(i"l 2024 Bonny Downs Communlty Associatlon Annual ReporL and Financial Statement5 Notes to the financial statements 27. Financial instruments The charity's financial instruments may be analysed as follows: Financial Assets 2024 2023 Financial Assets Measured at Amort15ed Cost Trade Debtors Othef Debtors Cash and Cash Equivalents 44,874 32.707 698.073 74,689 40,377 522,210 Total financial assets 775,654 637,276 Financial Liabilities Financial Liabilities Measured at Amortised Cost Trade Creditors Other Creditors Bank loans and overdrafts payable within one year 14.870 244,912 2,931 18,519 276,638 3,050 Total Financial Liabilities 262,713 298,207 40 Griffin Stone Moscrop & Co
000 rs * Ln 0£ Griffin Stone Moscrop & Co
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Docusign Envelope ID.. 72617E48-35494D55-AE2tAg8F2OEBC25F Yeai Elided 3 L I}1 Ci) 2024 Bonny Downs Communlty Assoctation Annual Report and f inancial Statements Notes to the financial statements 28. Related party transactions (continued) BDCA is a charity rooted in the local community and has benefited from the commitment of several families based in the area who either work for the charity or serve as trustees. The charity operates an open recruitment for all positions and seeks to appoint the best candidate for each position. BDCA runs a summer activity programme for local school children and encourages older children / young adults to become young eaders and thereby develop organisational and leadership skills, some of the young leaders are children of staff and trustees. The following ernployees are related parties via family connections to either the trustees or key management personnel. The trustees are satisfied that all salaries are either at or below market rate for Similar roles in the area. Employer pension Gross pay contributions Leaving date Name Relationship T Laing B Laing K Griffith A Allgood J Craig M Porter Son of S Laing + Son of 5 Laing+ Brother of S Laing + son of A All8ood+ Daugher of D Mann ' Spouse of sister of D Mann. 1,503 1,577 24.953 1.547 33,960 4.300 67.840 728 927 129 1.784 Other Expenditure with related parties Name Relationship Amount Description A Laing Daughter of S Laing + 2,030 Leading attivity sessions 2,030 Other income from related parties Name Relationship Amount Description S Allgood Spouse of A Allgood + 560 Muga hire for community group 560 trustees + key management personnel 43 Griff in Stone Moscrop & Co