Bradford Youth Development Partnership
Charity number 1085821
A company limited by guarantee number 03891257
Annual Report and Financial Statements
for the year ended 31 March 2022
Bradford Youth Development Partnership
Annual Report and Financial Statements for the year ended 31 March 2022
| Contents | Page |
|---|---|
| Trustees' report | 2 to 5 |
| Examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the accounts | 9 to 13 |
Prepared by West Yorkshire Community Accountancy Service CIO
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Bradford Youth Development Partnership
Trustees' report for the year ended 31 March 2022
Reference and administrative details of the charity, its trustees and advisors
The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates P Tate Chair M Amran Vice-chair K Kennedy Secretary N Nawaz Treasurer B Francis R Bhatti B Mullaney Appointed 20 September 2022 F Haq Appointed 20 September 2022 S Hussain Appointed 20 September 2022 Charity number 1085821 Registered in England and Wales Company number 03891257 Registered in England and Wales Registered and principal address Bankers c/o Bangladeshi Youth Organisation Yorkshire Bank Plc CCLA Investment Management 52 Cornwall Road 14 Broadway Limited Bradford Bradford Senator House BD8 7JN BD1 1EZ 85 Queen Victoria Street London EC4V 4ET
Registered in England and Wales Registered in England and Wales
Independent examiner
Rhys North ACA West Yorkshire Community Accountancy Service CIO Stringer House 34 Lupton Street Leeds LS10 2QW
Structure, governance and management
The charity is a company limited by guarantee and was formed on 9 December 1999. It is governed by a memorandum and articles of association, as amended on 29 November 2001, 10 December 2002 and 25 May 2011. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £1.
Method of recruitment and appointment of trustees
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
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Bradford Youth Development Partnership
Trustees' report (continued) for the year ended 31 March 2022
Objectives and activities
The charity's objects
To promote the benefit of young people aged 8 to 30 within the area of benefit, especially but not exclusively a) by developing and managing youth initiatives which will enhance the development of young people. b) by working with and developing multi-agency and partnership approaches which will assist young people to participate fully in society. c) by establishing projects which will enable the citizens of the area to gain a greater understanding of the need of young people.
The area of benefit is defined as Bradford Metropolitan district, and any other area(s) in the north of England as the trustees may determine.
Public benefit statement
In setting our objectives and planning our activities our trustees have given, serious consideration to the Charity Commission’s general guidance on public benefit and in particular Education, Health & Well-being and Physical Activities for young people aged 8 – 30.
Achievements and performance
From the outset of the Covid-19 pandemic in late March 2020, we started working with others in the district to respond to the pandemic and provided services to those who needed it most. We were successful in getting funding to provide physical activities with a food element as well as working with local schools to deliver food parcels to families on low income / free school meal (FSM) due to school closures / food poverty.
We continued to operate and availed ourselves of opportunities for funding, including the HAF funding through Bradford Council and the Give Bradford Fund which was targeted at VCS organisations to support the continuation of services/support for small charitable organisations.
We were successful in receiving funds from the Co-op Foundation for a Peer Mentoring Project (£70,000 over 2 years) in partnership with Oasis Academy Lister Park.
Unfortunately, due to Covid-19, there were delays in implementing funded projects many of which were rolled over from year on year, which drastically affected face2face delivery.
We were allocated funding through Bradford Council's Winter Food Programme, which continued into 2022, to deliver Food Parcels to FSM families/families in need over the school holiday periods, working in partnership with local schools to identify families in need / in food poverty.
We continued our role as an Anchor Organisation for the NHS and supported smaller organisations, such as Bangladeshi Youth Organisation and Bradford Study Support Network to access small amounts of funding.
We remain a viable organisation, taking account of the Covid-19 Pandemic and reduction in funding year on year and all the challenges that this brings.
We are always optimistic about the future of BYDP and have complete faith in our continued efforts in playing our part in the delivery of much needed services to our local communities, particularly our young people and will always strive to innovate and adapt to changing circumstances and keep focussed on delivering the objectives for which BYDP came into being in 1999.
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Bradford Youth Development Partnership
Trustees' report (continued) for the year ended 31 March 2022
Financial review
The net expenditure for the year was £22,437, including net income of £6,422 on unrestricted funds and net expenditure of £28,859 on restricted funds, after transfers.
We have been successful in our fundraising activities during the 2021/2022 financial year and the trustees believe that the charity is able to continue for at least another 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
Trustees are aware that most of the current funding time expires at the end of December 2022, with one Project continuing to March 2024 (JUMP Heaton Connectors). As part of their strategic review, the trustees will take this potential impact on funding streams into account when considering future options beyond December 2022. This is likely to have some impact on the “free reserves” of the charity going forward.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £76,610.
The trustees have agreed that unrestricted funds neither committed nor invested in tangible fixed assets (free reserves) held by the charity should equate to six to nine months of budgeted expenditure, which based on 2022/2023 would be between £91,130 and £137,000.
Reserves are required to cover staff redundancies as well as any potential wind down costs as well being available to support the ongoing work of the charity and any deficits in budget, should the charity's income sources be reduced.
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Bradford Youth Development Partnership
Trustees' report (continued) for the year ended 31 March 2022
Statement of trustees' responsibilities
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
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 accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts 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.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees on 22/11/2022
Mohammed Amran (Trustee)
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Bradford Youth Development Partnership
Independent examiner's report to the trustees of Bradford Youth
Development Partnership
I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 13.
Responsibilities and basis of report
As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
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3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
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4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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 accounts to be reached.
Rhys North ACA
23/11/2022
West Yorkshire Community Accountancy Service CIO
Stringer House 34 Lupton Street Leeds LS10 2QW
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Bradford Youth Development Partnership
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2022
| Notes 2022 Unrestricted funds £ Income from: Grants and donations (2) 10,000 Contract / fee Income 34,321 Other income 482 Bank interest 79 Total income 44,882 Expenditure on: Salaries and NI (3) 17,033 Training and supervision 390 Staff travel and other staff costs 355 Education and activities 10,322 Trainee and volunteer costs 610 Transport 4,444 Rent and rates 4,000 Print, stationery and postage 484 Telephone 355 Insurance 643 Legal and professional costs 13 Subscriptions 50 Depreciation 3,597 Financial management and payroll 2,680 Independent examination 1,110 Board expenses 456 Sundry expenses - Equipment 185 IT Support 977 Total expenditure 47,704 Net income / (expenditure) (2,822) Transfers between funds 9,244 Net movement in funds 6,422 Fund balances brought forward 70,188 Fund balances carried forward (4) 76,610 |
2022 Restricted funds £ 48,798 - - - 48,798 47,277 40 18 18,078 73 297 - - - - - - - 80 - - - 2,550 - 68,413 (19,615) (9,244) (28,859) 158,483 129,624 |
2022 Total funds £ 58,798 34,321 482 79 93,680 64,310 430 373 28,400 683 4,741 4,000 484 355 643 13 50 3,597 2,760 1,110 456 - 2,735 977 116,117 (22,437) - (22,437) 228,671 206,234 |
2021 Total funds £ 156,290 6,939 - 98 163,327 61,033 1,058 60 13,811 60 2,777 3,000 57 538 606 55 40 3,599 2,936 1,110 144 318 - - 91,202 72,125 - 72,125 156,546 228,671 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Bradford Youth Development Partnership
Balance sheet
| as at 31 March 2022 2022 Unrestricted £ Fixed assets Tangible assets (5) - Total fixed assets - Current assets Debtors and prepayments (6) 221 Cash at bank and in hand (7) 77,499 Total current assets 77,720 Current liabilities: amounts falling due within one year Accruals 1,110 Total current liabilities 1,110 Net assets 76,610 Funds Unrestricted funds 76,610 Restricted funds - Total funds 76,610 |
2022 Restricted £ - - 2,000 127,624 129,624 - - 129,624 - 129,624 129,624 |
2022 Total £ - - 2,221 205,123 207,344 1,110 1,110 206,234 76,610 129,624 206,234 |
2021 Total £ 3,597 3,597 5,539 220,645 226,184 1,110 1,110 228,671 70,188 158,483 228,671 |
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on 22/11/2022
Mohammed Amran (Trustee)
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Bradford Youth Development Partnership
Notes to the accounts
for the year ended 31 March 2022
1 Accounting policies
Basis of accounting
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: 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) (effective 1 January 2019) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
Going concern
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
Incoming resources
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
Grants and donations
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
Expenditure and liabilities
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
Taxation
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
Tangible fixed assets
Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Motor vehicles: over 4 years
Pensions
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
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Bradford Youth Development Partnership
Notes to the accounts continued
for the year ended 31 March 2022
1 Accounting policies continued
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
| 2 Grants and donations Bradford Metropolitan District Council (BMDC) HMRC Job Retention Scheme (JRS) Leeds Community Foundation (LCF) BBC Children in Need Bradford City and Districts CCG Community Action Bradford & District (CABAD) National Lottery Community Fund (NLCF) Transforming Lives for Good (TLG) 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions Co-op Foundation/National Lottery Community Fund iWill Fund |
2022 Unrestricted funds £ - - - 10,000 - - - - - 10,000 |
2022 Restricted funds £ 8,947 35,000 4,851 - - - - - - 48,798 |
2022 Total funds £ 8,947 35,000 4,851 10,000 - - - - - 58,798 2022 £ 63,277 3,713 (3,713) 1,033 64,310 |
2021 Total funds £ 21,000 35,000 25,793 20,497 4,000 30,500 7,500 10,000 2,000 156,290 2021 £ 60,024 3,603 (3,603) 1,009 61,033 |
|---|---|---|---|---|
The average number of employees during the year was 4.8, being an average of 2.2 full time equivalent (2021: 5, 2.8 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme | 2022 | 2021 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 1,033 | 1,009 |
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Bradford Youth Development Partnership
Notes to the accounts continued
for the year ended 31 March 2022
| 4 Restricted funds BBC Children in Need Booster Co-op Foundation Transition Manningham Seed Bradford CCG - YHA CABAD Test & Trace Groundwork UK CNET-JUMP LCF Food Poverty BMDC Food Parcels Co-op/NLCF #iwill fund HMRC JRS |
Balance b/f £ 4,000 35,394 500 59,515 5,455 3,218 4,500 6,297 4,691 34,913 - 158,483 |
Incoming £ - - - - - - - - 8,947 35,000 4,851 48,798 |
Outgoing £ 2,590 14,004 - 15,797 5,455 156 3,075 5,997 12,282 4,206 4,851 68,413 |
Transfers £ (1,410) (1,436) (500) (992) - - (1,250) (300) (1,356) (2,000) - (9,244) |
Balance c/f £ - 19,954 - 42,726 - 3,062 175 - - 63,707 - 129,624 |
|---|---|---|---|---|---|
Fund name
BBC Children in Need Booster
Co-op Foundation Transition
Manningham Seed
Bradford CCG - YHA
CABAD Test & Trace
Groundwork UK
CNET-JUMP
LCF Food Poverty
BMDC Food Parcels
Co-op/NLCF #iwill fund
HMRC JRS
Purpose of restriction
To enable the purchase of computer equipment and IT training on social media platforms. Transfers relate to a contribution to overhead costs.
For the 'Mind the Gap' project. Transfers relate to a contribution to overhead costs and for minibus usage charges.
To develop a youth traineeship programme. The transfer relates to expenditure incurred pre 1 April 2021 that was previously treated as unrestricted expenditure.
To fund the Youth Health Champions programme. Transfers relate to a contribution to overhead costs.
To support the provision of positive messages concerning uptake of the Covid and flu vaccines.
To train 14 unemployed participants to the Level 2 Youth and community work qualification.
Sports activity sessions for 11-14 year olds. Transfers relate to a contribution to overhead costs.
Healthy Holidays with food programme targeting free school meal families during lockdown. Transfers relate to a contribution to overhead costs. Food parcel deliveries to families in need as part of food programme through Bradford Council. Transfers relate to minibus usage charges.
A joint project with Oasis Academy Lister Park School to develop a mentoring programme for young people. Transfers relate to a contribution to overhead costs.
Towards the cost of furloughed staff due to Covid.
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Bradford Youth Development Partnership
Notes to the accounts continued
for the year ended 31 March 2022
| 5 6 **7 ** |
Tangible assets Cost At 1 April 2021 Additions At 31 March 2022 Depreciation At 1 April 2021 Charge for year At 31 March 2022 Net book value At 31 March 2022 At 31 March 2021 Debtors and prepayments Debtors Prepayments Cash at bank and in hand Cash at bank Cash in hand |
£ 14,394 - 14,394 10,797 3,597 14,394 - 3,597 2022 £ - 2,221 2,221 2022 £ 204,904 219 205,123 Motor vehicles |
Total £ 14,394 - 14,394 10,797 3,597 14,394 - 3,597 2021 £ 5,311 228 5,539 2021 £ 220,510 135 220,645 |
|---|---|---|---|
8 Related party transactions
Trustee expenses
No trustee received any expenses during this year or the previous year.
Trustee remuneration and benefits
No trustee received any remuneration or benefit during this or the previous year.
Remuneration and benefits received by key management personnel
The key management personnel of the charity include the trustees and Chief Officer. The total employee benefits received were £33,632 (previous year: £29,852).
No trustee received any remuneration or benefit in this capacity during this or the previous year.
Other related party transactions
| Other transactions with trustees or related parties Assad Malik Development managers son Payment for admin work and delivery of food parcels. Name of trustee or related party Relationship to charity Description of transaction |
2022 £ - - |
2021 £ 1,400 1,400 |
|---|---|---|
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Bradford Youth Development Partnership
Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2022
| 2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 10,000 - Contract / fee Income 34,321 6,939 Other income 482 - Bank interest 79 98 Total income 44,882 7,037 Expenditure Salaries and NI 17,033 23 Training and supervision 390 458 Staff travel and other staff costs 355 - Education and activities 10,322 79 Trainee and volunteer costs 610 - Transport 4,444 1,639 Rent and rates 4,000 2,000 Print, stationery and postage 484 57 Telephone 355 411 Insurance 643 506 Legal and professional costs 13 55 Subscriptions 50 40 Depreciation 3,597 3,599 Financial management and payroll 2,680 2,936 Independent exam. and accountancy 1,110 1,110 Board expenses 456 144 Sundry expenses - 305 Equipment 185 - IT Support 977 - Total expenditure 47,704 13,362 Net income / (expenditure) (2,822) (6,325) Transfers between funds 9,244 8,784 Net movement in funds 6,422 2,459 Fund balances brought forward 70,188 67,729 Fund balances carried forward 76,610 70,188 |
2022 Restricted funds £ 48,798 - - - 48,798 47,277 40 18 18,078 73 297 - - - - - - - 80 - - - 2,550 - 68,413 (19,615) (9,244) (28,859) 158,483 129,624 |
2021 Restricted funds £ 156,290 - - - 156,290 61,010 600 60 13,732 60 1,138 1,000 - 127 100 - - - - - - 13 - - 77,840 78,450 (8,784) 69,666 88,817 158,483 |
2022 Total funds £ 58,798 34,321 482 79 93,680 64,310 430 373 28,400 683 4,741 4,000 484 355 643 13 50 3,597 2,760 1,110 456 - 2,735 977 116,117 (22,437) - (22,437) 228,671 206,234 |
2021 Total funds £ 156,290 6,939 - 98 163,327 61,033 1,058 60 13,811 60 2,777 3,000 57 538 606 55 40 3,599 2,936 1,110 144 318 - - 91,202 72,125 - 72,125 156,546 228,671 |
|---|---|---|---|---|
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