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 2024
Bradford Youth Development Partnership
Annual Report and Financial Statements for the year ended 31 March 2024
| 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 2024
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: | up to and including the date the report was approved were: |
|---|---|---|
| Name | Position | Dates |
| Peter Tate | Chair | |
| Mohammed Amran | Vice-chair | |
| Kerr Kennedy | Secretary | |
| Naeem Nawaz | Treasurer | |
| Byron Francis | ||
| Dr Ruby Bhatti OBE DL | ||
| Beverley Mullaney | ||
| Fazlul Haq | ||
| Suffia Hussain | ||
| 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 |
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 2024
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:
By developing and managing youth initiatives which will enhance the development of young people.
By working with and developing multi-agency and partnership approaches which will assist young people to participate fully in society.
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
We were commissioned by JUMP to deliver physical activities in the Heaton Ward of Bradford West Constituency in February 2022 (£95,000 over 2 years, ending March 2024). We achieved all of the outcomes/targets set for the project.
We continue to provide much needed services, and avail ourselves of opportunities for funding, including the HAF & HSF Funding through Bradford Council, and have received NHS funding (£25k to tackle health inequalities) as well as our application to Bradford VCSA (£5k per annum over 2 years) to continue our role as a Community Anchor Organisation.
We were also successful in securing £8,000 from the Power to Change – Leading the Way Programme to increase confidence, resilience, skills, networks and develop both personal and organisational leadership together with the support of a programme mentor, P2P learning sessions and access to a peer group for problem solving (July 2023 – March 2024).
In April 2023 we received a grant of £6,180 from the Yorkshire Sport Foundation to develop skills of young people and adult volunteers (CSLA Training through Bradford Council's Sports & Recreation Department).
We were successful in receiving funds from the Co-op Foundation for Year 3 of the Peer Mentoring Project giving a yearly budget of £35,000. This is a joint project in partnership with Oasis Academy Lister Park School.
We were allocated funding through Bradford Council’s Household Support Fund, to deliver Food Parcels to FSM families / Families In Need over 2021-2022 (150+) which continued into 2022-2023 (£24k Plus an Additional £3k to July / August 2023), to support 40+ families and provide additional food parcels over the Summer Holidays) and this has continued into 2024 (Apr.- Sept. 2024). We have also been allocated funding to run the HAF (Holiday Activities with Food) programme during 2023-2024 and 2024-2025 (£16,900k for 6 weeks of delivery over Easter, Summer and Winter in 2024) to provide activities with food to FSM children during school holiday periods, working in partnership with local schools to identify families In Need/In Food Poverty.
We have continued our role as an Anchor Organisation for the NHS/Community Partnership, Quadrant Community Partnership and supported smaller organisations, such as Bangladeshi Youth Organisation and Bradford Studies Sport Network to access small amounts of funding, recruitment and selection of staff for projects and advice and information as required.
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Bradford Youth Development Partnership
Trustees' report (continued) for the year ended 31 March 2024
Financial review
The net expenditure for the year was £19,659, including net income of £7,345 on unrestricted funds and net expenditure of £27,004 on restricted funds, after transfers.
We remain a viable organisation, taking account of the 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 their families 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.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £99,685.
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 expenditure. Based on 2024-2025 budgeted expenditure this equates to target reserves of between £49,200 and £73,800.
Reserves are required to cover staff redundancies as well as any potential winding down costs being available to support the ongoing work of the charity and any deficits in budget, should the charity’s income sources be reduced.
The extra reserves above £75,000 will be utilised to cover any shortfall in income during 2024-2025 and 20252026.
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Bradford Youth Development Partnership Trustees' report (continued) for the year ended 31 March 2024
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.
Approved by the board of trustees on 12/12/2024
Kerr Kennedy (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 2024, 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:
-
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
-
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
13/12/2024
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 2024
| Notes 2024 Unrestricted funds £ Income from: Grants and donations (2) 1,125 Contract / fee Income 39,373 Other income 1,326 Bank interest 4,788 Mini Bus Income 1,701 Total income 48,313 Expenditure on: Salaries and NI (3) 27,228 Training and supervision - Staff travel and other staff costs 1,303 Education and activities 3,297 Trainee and volunteer costs 50 Minibus costs 2,158 Rent and rates 4,895 Print, stationery and postage 20 Telephone 561 Insurance 420 Legal and professional costs - Subscriptions 202 Financial management and payroll 1,085 Independent examination 427 Board expenses 700 Sundry expenses - Equipment 15 IT support 248 Grant repayment - Total expenditure 42,609 Net income / (expenditure) 5,704 Transfers between funds (4) 1,641 Net movement in funds 7,345 Fund balances brought forward 92,340 Fund balances carried forward (4) 99,685 |
2024 Restricted funds £ 105,049 - - - - 105,049 51,564 1,880 312 38,519 375 1,021 2,250 - - 420 2,600 - - 827 - - 2,457 - 28,187 130,412 (25,363) (1,641) (27,004) 67,332 40,328 |
2024 Total funds £ 106,174 39,373 1,326 4,788 1,701 153,362 78,792 1,880 1,615 41,816 425 3,179 7,145 20 561 840 2,600 202 1,085 1,254 700 - 2,472 248 28,187 173,021 (19,659) - (19,659) 159,672 140,013 |
2023 Total funds £ 58,277 55,627 709 2,210 4,935 121,758 80,078 11,578 83 59,501 225 2,403 5,720 241 507 879 48 253 2,045 1,254 262 830 1,608 805 - 168,320 (46,562) - (46,562) 206,234 159,672 |
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
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Bradford Youth Development Partnership
Balance sheet
| as at 31 March 2024 2024 Unrestricted £ Current assets Prepayments 101 Cash at bank and in hand (6) 102,845 Total current assets 102,946 Current liabilities: amounts falling due within one year Creditors and accruals (7) 3,261 Total current liabilities 3,261 Net assets 99,685 Funds Unrestricted funds 99,685 Restricted funds - Total funds 99,685 |
2024 Restricted £ - 42,208 42,208 1,880 1,880 40,328 - 40,328 40,328 |
2024 Total £ 101 145,053 145,154 5,141 5,141 140,013 99,685 40,328 140,013 |
2023 Total £ 8,053 162,618 170,671 10,999 10,999 159,672 92,340 67,332 159,672 |
|---|---|---|---|
For the year ending 31 March 2024 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 are 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 12/12/2024
Kerr Kennedy (Trustee)
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Bradford Youth Development Partnership
Notes to the accounts
for the year ended 31 March 2024
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, if 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
l t
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.
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.
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Bradford Youth Development Partnership
Notes to the accounts continued
for the year ended 31 March 2024
| 2 Grants and donations Bradford Metropolitan District Council (BMDC) Co-op Foundation/Big Lottery Fund #iwill JUMP NHS West Yorkshire Integrated Care Board Power to Change Trust Leeds Community Foundation Yorkshire Building Society Yorkshire Sport Foundation Groundwork UK 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions |
2024 Unrestricted funds £ - 1,125 - - - - - - - 1,125 |
2024 Restricted funds £ 53,249 - 2,000 25,000 8,000 10,000 620 6,180 - 105,049 |
2024 Total funds £ 53,249 1,125 2,000 25,000 8,000 10,000 620 6,180 - 106,174 2024 £ 77,587 4,393 (4,393) 1,205 78,792 |
2023 Total funds £ 32,580 14,997 - - - - - - 10,700 58,277 2023 £ 78,880 4,737 (4,737) 1,198 80,078 |
|---|---|---|---|---|
The average number of employees during the year was 5.9, being an average of 2.9 full time equivalent (2023: 7.1, 3.2 FTE). There were no employees with emoluments above £60,000.
| Defined contribution pension scheme Costs of the scheme to the charity for the year 4 Restricted funds Balance b/f £ Bradford CCG 28,187 ESFGroundworks 2,497 Co-op/Big Lottery Fund #iwill Fund 31,823 BMDC HSF Programme 1,945 BMDC HAF Programme 2,880 NHS West Yorkshire ICB - Power to Change - Leading the Way - LCF - Bartlett Group Fund - Yorkshire Sport Foundation - JUMP - Yorkshire Building Society - 67,332 |
Incoming £ - - - 37,069 16,180 25,000 8,000 10,000 6,180 2,000 620 105,049 |
Outgoing £ 28,187 2,497 31,823 37,373 17,830 2,922 2,600 - 5,180 2,000 - 130,412 |
2024 £ 1,205 Transfers £ - - - (1,641) - - - - - - - (1,641) |
2023 £ 1,198 Balance c/f £ - - - - 1,230 22,078 5,400 10,000 1,000 - 620 40,328 |
|---|---|---|---|---|
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Notes to the accounts continued
Bradford Youth Development Partnership
for the year ended 31 March 2024
4 Restricted funds (continued)
Fund name Bradford CCG ESFGroundworks
Co-op/Big Lottery Fund #iwill Fund
BMDC HSF Programme
BMDC HAF Programme
NHS West Yorkshire ICB
Power to Change - Leading the Way LCF - Bartlett Group Fund
Yorkshire Sport Foundation JUMP Yorkshire Building Society
Purpose of restriction
For the 'Health Champions' project.
To train 14 unemployed participants to the Level 2 Youth and community work qualification.
A joint project with Oasis Academy Lister Park School to develop a mentoring programme for young people.
Food parcel deliveries to families as part of BMDC's Household Support Fund programme. The transfer relates a contribution to overheads and minibus cost.
To deliver the HAF (Holiday Activities and Food) programme over Easter, Summer and Christmas school holidays.
To work with secondary schools on the health and wellbeing of young people.
To support the strategic development of the organisation.
To support the development of the Heaton Health Hub and continue to provide much needed services in Heaton and other Wards in Bradford West Constituency.
Training and delivery of sports provision for young people. To purchase Scooters to use with young people. To purchase sports equipment.
| Tangible assets Cost At 1 April 2023 At 31 March 2024 Depreciation At 1 April 2023 At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 Cash at bank and in hand Cash at bank Cash in hand |
£ 14,394 14,394 14,394 14,394 - - 2024 £ 143,721 1,332 145,053 Motor vehicles |
Total £ 14,394 14,394 14,394 14,394 - - 2023 £ 160,802 1,816 162,618 |
|---|---|---|
5 Tangible assets
6 Cash at bank and in hand
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Bradford Youth Development Partnership
Notes to the accounts continued
for the year ended 31 March 2024
| 7 Creditors and accruals Creditors Accruals Taxation and social security |
2024 £ 1,270 3,134 737 5,141 |
2023 £ 9,480 1,519 - 10,999 |
|---|---|---|
8 Related party transactions
Trustee expenses
During the year 1 trustee was paid a total of £91 in respect of travel and other costs (previous year: 1 trustee and £158 for travel and telephone costs).
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 total employee benefits received by key management personnel were £33,598 (previous year: £36,426).
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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 2024
| 2024 2023 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 1,125 - Contract / fee Income 39,373 55,627 Other income 1,326 709 Bank interest 4,788 2,210 Mini Bus Income 1,701 4,935 Total income 48,313 63,481 Expenditure Salaries and NI 27,228 32,114 Training and supervision - - Staff travel and other staff costs 1,303 75 Education and activities 3,297 7,496 Trainee and volunteer costs 50 225 Minibus costs 2,158 1,008 Rent and rates 4,895 2,120 Print, stationery and postage 20 90 Telephone 561 126 Insurance 420 379 Legal and professional costs - 48 Subscriptions 202 253 Financial management and payroll 1,085 855 Independent examination 427 544 Board expenses 700 262 Sundry expenses - 500 Equipment 15 951 IT support 248 705 Grant repayment - - Total expenditure 42,609 47,751 Net income / (expenditure) 5,704 15,730 Transfers between funds 1,641 - Net movement in funds 7,345 15,730 Fund balances brought forward 92,340 76,610 Fund balances carried forward 99,685 92,340 |
2024 Restricted funds £ 105,049 - - - - 105,049 51,564 1,880 312 38,519 375 1,021 2,250 - - 420 2,600 - - 827 - - 2,457 - 28,187 130,412 (25,363) (1,641) (27,004) 67,332 40,328 |
2023 Restricted funds £ 58,277 - - - - 58,277 47,964 11,578 8 52,005 - 1,395 3,600 151 381 500 - - 1,190 710 - 330 657 100 - 120,569 (62,292) (62,292) 129,624 67,332 |
2024 Total funds £ 106,174 39,373 1,326 4,788 1,701 153,362 78,792 1,880 1,615 41,816 425 3,179 7,145 20 561 840 2,600 202 1,085 1,254 700 - 2,472 248 28,187 173,021 (19,659) - (19,659) 159,672 140,013 |
2023 Total funds £ 58,277 55,627 709 2,210 4,935 121,758 80,078 11,578 83 59,501 225 2,403 5,720 241 507 879 48 253 2,045 1,254 262 830 1,608 805 - 168,320 (46,562) - (46,562) 206,234 159,672 |
|---|---|---|---|---|
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