OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-03-31-accounts

TO OUR COMMUNITY,
PARTNERS AND FUNDERS .
TO OUR COMMUNITY,
PARTNERS AND FUNDERS .
TO OUR COMMUNITY,
PARTNERS AND FUNDERS .
3
Strategic Highlights. 3
Financial
Highlights.
...4
Operating
Highlights.
...4
Looking Ahead. .5
ABOUT BANG EDUTAINMENT. ...6
Our Values, Vision and Mission. ...6
Our Organisational
Structure
and Strategic
Framework .. .......,..................8
Our Strategic Aims and Objectives 2022-23.. ............11
LONG-TERM STRATEGIES &AMBITIONS. .12
A Values and Youth-Centred
Organisation
.. .12
Strategic Aims and Objectives .................................................... ........................12
Organisational
Outcomes
.13
IMPACT &VALUE .14
Activities, Achievements,
Performance.
.......................15
Public Benefit —Partnerships
and Policy.
.22
Activities 2023 —2024.. .23
FINANCIAL ACCOUNTS FOR THE YEAR ENDING MARCH 2023 .27
Independent
examiner's
report to the trustees.
.27
Statement of Financial Activities (Incorporating the income and expenditure account) for the year
ended 31March 2023. .28
Balance Sheet at 31March 2023. .29
Notes to the Accounts ............................................................ ... .31

Strategic Aims Strategic Objectives
Aim 1:Combat social and 1.1 To pilot and incubate
new approaches
to tackling
key social
economic hardship issues (in partnership)
1.2 To co-ordinate
and lead collaborative
approaches
between
BE's partners
including
undertaking
core management
and
back-office functions
on behalf ofthe
partners.
Aim 2:Facilitate community 2.1 Build the leadership
skills and capacity
of(young) people
leadership and the wider community
2.2 Support social enterprise
development,
including
direct
incubation
of new enterprise
start-ups
through
delivery of
the BEIncubator project (now called Riseup)
Aim 3:Facilitate community 3.1 Deliver community
events and other activities that will
engagement connect individuals
and organisations
to each other and
local services
Aim 4:Influence
policy and
4.1 Conduct Community
research
support systemic change 4.2 To evaluate the effectiveness ofthese new approaches
Aim S:Digitise all BE S.D Create educational
videos for young people to access and
programmes. engage
in programmes
online.
5.1Include young people
in the creation ofeducational
videos.

2023 2022
Unrestricted Restricted Total Total
Funds Funds Funds Funds
Notes 6 E
Incoming resources
Voluntary
Income
2 15,550 294,058 309,608 310,834
Charitable
Activities
3 44,305 44,305 14,185
Total incoming resources 59,855 294,058 353,913 325,019
Resources
expended
Charitable
Activities
6 41,906 285,345 327,251 364,493
Fund raising 4 9,000 9,000 5,000
Governance 5 1,356 1,356 1,320
Total resources expended 52,262 285,345 337,607 370,813
Net income/(expenditure) 7,593 8,713 16,306 (45,794)
Transfer between
funds
Total funds brought forward 40,738 91,725 132,463 178,257
Total funds carried forward 6 48,331 100,438 148,769 132,463

2023 2022
Notes
Fixed Assets
Tangible Assets 27,517 3,356
Total Fixed Assets 27,517 3,356
Current Assets
Debtors 7,937 13,641
Prepayment 4,329
Cash at Bank and in Hand 116,462 107,354
Total Current Assets 125,047 125,324
Liabilities
Creditors:
amounts
falling due within one
year
3,147 3,783
Net Current Assets 121,252 129,107
Creditors:
amounts
falling due after one
year
Net Assets 148,769 132,463
Funds ofthe Charity
Unrestricted 20,814 37,382
Designated (Fixed Assets) 27,517 3,356
Restricted 100,438 91,725
Accumulated Funds 148,769 132,463

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2023 2023 2023 2022
E E E
Young Brent Foundation 1,428 1,428 3,333
The Henry Smith Charity 50,000 50,000
Tudor Trust 2,000 30,000 32,000
City Bridge Trust 13,430 13,430 40,000
John Lyons Charity 4,000 65,000 69,000 40,000
Woodroffe Benton Foundation 500 500
Sport England 7,938 7,938
Asda Foundation Charity 500
Masonic Charitable Foundation 5,000 5,000
BNI Foundation UK 1,000 1,000
Nineveh
Charitable
Trust 2,500 2,500
The Rank Foundation 500 500 9,190
The Leigh Trust 2,000 1,000
The Field Family Charitable Trust 2,500 2,500
Peter Stebbings Memorial Charity 5,000 5,000
Big Lottery Fund 60,000
Thomas Wall Trust 4,990
Yonder Consulting 50 50
PIA Financial
Group
2,000
National
Lottery
Community Fund 9,829
Greater London Authority 7,324 7,324 45,404
Brent Council 5,000 5,000
Neighbourhood Comm Infra 101,938 101,938 83,650
HMRC Job Retention Scheme 13,438
15,550 309,608 310,834

Incoming Re sources from Charitable
Acti
vities
Unrestricted Restricted Total Total
Funds Funds Funds Funds
2022
2023
8 M&E overhead contribution 8,848 8,848 9,089
Roundwood School and
Community Centre 9,195 9,195 0
St Raphael's Family Wellbeing
Centre 15,000 15,000
CVS Brent 11,000 11,000 5,000
Bank Interest 262 262
London Borough of Brent 96
44,305 44,305 14,185

2023 2022
AGM and board meetings 336 300
Independent Examination 1,020 1,020
1,356 1,320

Brought Incoming Resources Carried
Forward Resources Expended Forward
2023 2023 2023 2023
Restricted Funds E E E E
Young Brent Foundation 1,428 1,428 0
The Henry Smith Charity 50,000 27,000 23,000
Tudor Trust 30,000 15,000 15,000
City Bridge Trust 8,000 13,430 13,430 8,000
John Lyons Charity 25,000 65,000 54,000 36,000
Woodroffe Benton Foundation 500 500
Sport England 7,938 7,938
BNI Foundation UK 1,000 1,000 0
Nineveh
Charitable
Trust 2,500 2,500
The Rank Foundation 500 0
The Field Family Charitable Trust 2,500 2,500
Peter Stebbings Memorial Charity 5,000 5,000
Thomas Wall Trust 4,990 4,990 0
National
Lottery
Community Fund 9,829 9,829 0
Greater London Authority 7,324 7,324 0
Brent Council 5,000 5,000 0
Neighbourhood Comm Infra 43,906 101,938 145,844 0
Totals 91,725 294,058 285,345 100,438
Unrestricted
Funds
Tudor Trust 0 2,XO 2,000 0
John Lyons Charity 0 4,000 4,000 0
Donation 4,454 50 2,504 2,000
Masonic Charitable Foundation 0 5,000 5,000 0
Asda Foundation Charity 0 500 500 0
The Leigh Trust 0 2,000 2,000 0
PIA Financial Group(Donation) 0 2,000 0 2,000
Charitable
Activities
(See Note 3) 36,284 44,305 36,258 44,331
Totals 59,855 52,262 48,331

Plant &
Machinery
Office
Equipment
Office
Refurbishment
Total
Cost E E
1stApril 2022 99,478 13,697 157,049 270,224
Additions 25,000 25,000
Disposals
As at 31March 2023 99,478 13,697 182,049 295,224
Depreciation
1stApril 2022 96,930 12,889 157,049 266,868
Disposals
Charge for year 637 202 839
As at 31March 2023 97,567 13,091 157,049 267,707
Net book value
As at 31March 2022 2,548 808 3,356
As at31March 2023 1,911 606 25,000 27,517

Debtors 7,937 13,641
Prepayments 4,329
7,937 17,970

2023 2022
Independent Examination 1,020 1,020
Taxation 8 N.l. 1,791 2,328
Pension 435
3,147 3,783

f cos ts and numbers
2023 2022
E E
Wages gr Contractors 188,227 193,875
PAVE/NIC 18,507 36,814
Employer Pension Contribution 4,150 7,581
210,884 238,270

Unrestricted Restricted Total
funds Funds Funds
Fixed Assets 27,517 27,517
Net Current Assets 20,841 100,438 121,252
48,331 100,438 148,767