Charity Tegi5tration number 1090036 Company rggislration numbeT 04283003 (England and Wal951 COMMUNITY ACTION BRADFORD & DISTRICT LTD ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 COMMUNITY ACTION BRADFORD & DISTRICT LTD LEGALANDADMINISTRATIVE INFORMATION Trustegs D O Amusan-Fagborun E Anand S E Dougla$ P M Essler M T Ge¥des M P Nicholson R D Templar KJWyatt SecTOtary S J Navtson Senior managoment S J Nevison {Chlel Execulivel Charity numbor 1090036 Company number 04283003 R•gl4tsrèd officè Cardigan House Fgrnclilfe Road Binglay We51 Yorkshire BD162TA Audltor BK Plus Audit Limited 52 Sl Johns Lane Halifax Wesl Yorkshire England HX12BW Bank•rg CAF Bank 25 Kings Hill Avenuo Kings Hill Wesl Malling Kenl ME19 4JQ COMMUNITY ACTION BRADFORD & DISTRICT LTD CONTENTS Pa99 Trustees, report Slalemenl ol Iruslees, responsibililies Independent audilorfs report 9-12 Consolidaled Slalemenl of f5nancial a¢livilie5 13 Group and Charity Balance sheet 14 Consolldaled Slalgmenl ol cash Ilows 15 Noles lo Ihe ¢onsolidalad financial slalements 16-32 COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The Iwslees present their annual report and financial slalemenls lor Ihe year ended 31 March 2024. Th8 financial slal8menls have baen prepared in accordance with the accounting policies Sel out in nole I lo the financial 51alemenls and comply with the charity's Igoverning documenll. the Companie5 Act 2006 and "Accounting and Reporting by Chaiilies.. Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021" leffeclive 1 January 20191. Obl¢¢tiv?s and activiti•s A summary ol Ihg objocls of Community Action Bradford & Dislricl {'Community Aclion'l as sel out In ils governing document are., "To promote any charitable purposes lorlhe benefilof th8 public, principally bulnol 8xclusivglyin tlje localgovommenl area ol City ol Bradlord M8tropolilan Dislricl and Ihe surrounding arpa and, in p8rticu18r, build the capacity of Ihird seclor organisalions and provide Ihem wilh lh8 n8G8ssary support, infom)alion and services lo gnabl8 Ihgm lo pursue or contribute lo any charilable puq)ose,' lo promolo, org8nise and facililalfr GO•operalion ond partnership wort(ing belwggn third sg¢lor, slalulory and other ￿l6Vant bodies in lh8 ochievemenl of Ihe above purposes wilhin the area ol b8nefil.' The aims, obieclive$ and aclivilies of the charity are reviewed annually. and aGhievernenls as5e¥s8d. Whon reviewin9 the aims and obj8clives of the chanly, in planning future aclivilies, th8 Iruslee5 have compliod wilh the duly in section 4 01 Ihe Chaiilles Act 201110 have dug règards lo public benefit guidanc* published by the Commission. Public benefit The Iiuslees have pald due regard lo guidanc4 issued by the Charily Commission in d8cMllng what a¢livilies the charity should undertake. A¢hlovom•nts and pertorman¢o SignifiGont aclivilies and achi8vemenls againsl obJecliv8S Our Work covers a number of diffeienl areas and we ara p￿aSed lo provid8 a summary of key achievem8nlsl deliverabl85 for a number of our areas, funded through City 018radford Melropolilan District Council IC8MDCI 9ran18 and contracts in¢luding the Voluntary, Community and Social Enlerprbe IVCSEI Support and Improvement Programme ISIPI, other grarsls and eained incorne. VGSE Support and Improvement P(ogramme.' 2023 saw this new conlfact roally gather paco with key d81iverable¥ starting lo make a raal difference lo the VCSE and communities in Bradford Dislricl, The new partnèiship of Community AGlion plus Participate Pfojecls. HALE and The VCS Alliance gellgd feally well and our customers were able lo see us working ¢105ely togelher. This ambitious progfamme slarted in Apwil 2022 with Community Aclion leading VCSE seclof SUPPOrt. The breakdown of Iha delivery of the VCSE SIP are as lollow$'. Capaclty Bulldin9'. led by Community Action and deliveied in parlnership wilh Participate PrDjeGls who spfrcialise in social enterprise support and developmenl and with WYCAS as a sub-conlraclor covenng financial organisalion development aclivilios. Volunteerlng.. led by Communily Action and dolivered in partnership with Partlclpale Pioje¢ls who specia115e in business volltnleering Infomiatlon and Insight. solely delivered by Communityklion Voic• and Influence., led by Community Action in partnership with The VCS Alliance citizon'$ Engagement,. led by HALE wilh sub-contractors at CNel. Keighley Heallhy Living and Bradlord Talking Media. This Lol has c1059 links to the vol￿ and Inlluence Lol COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Our beneficiaries have seen Ihal we are hava been able lo build on the prevlous seryice dellvery of each of the Individual organisalions in the partnership. By woiking 109elhei we are able lo provide a more joined up service, increasing the quality of Ouf work and feducing duplicalion. We remain working in a hybrid manner ie wilhoul th• need for 3 large office base and Ihe team have become mote agile and flexible in Iheir approach., again a benofil lo our beneficiaries. Further developments through Ihis contract arè Ihe allocalion of one named. dedicated worker for each of Ihe Bfadford Dislricl consliluen¢i8s and the ability to diveisify the Ironlline staff team as we were able lo reciuil new staff acr055 the Lols. In the summer of 2023 w8 were asked lo provide additional work under this conlracl lo support Ihe Slarl for Life and Family Hubs work in the dislriGI', this work was lead by CommunityA¢lion in partnership wilh HALE. We have recrulled a co-ordinaloi (based in a Ironlline VCSE organi5alionl and Peer Support and Voluntèèring Development Officer (based with Community Action}. In January 2024 the CEO of HALE left lh¢ o(ganisalion and Community Action look on th8 sole management of this projecl. In January 2024 we were informed by City o18radfofd Melropolilan Dislri¢l Council that Ihey were prop051ng lo cul Ihe VCSE SIP by £460,000 per annum. effectively removing the 08partm8nl ol Place conlribulion. Community Action undertook a thorough budgel consullabon impact assessment and 5ubmilled Ihis lo the council. However, Ihis cul was approved by the lull council on 71h March 2024. The partnership plus CNal and Racg Equality Ne￿ork have worked closely with the remainin9 commissioners of the VCSE SIP and the delivery of an Interim Aclivalion ¢onlraol will commence from Isl July 2024. Tho lead parlnef for the new contract will be The VCS Alli8nce and Community Acllon will be Iocusing their work on capacity building activiti95 in partnership with Padicipale Projècts. Th9 fgdu¢lion in Ihe funding is leading lo loss ol seveial of the staff learn through redundancy. This has impactsd on our redundancy dasignalion levels. We have also delivered these major piec85 of work.. Hoalthwatch Bradford and Distfl¢t - an independersl healthcare consumer champion. Mofe information including th9 annual roport lor Heallhwalch can be found alwww.heallhwalchbradlord.co.uk. Following th8 growth durln9 20221 23 the new mana9er has maintained the Tepulalion of Heallhwalch and il builds further in reach and achievemonls. The dècision taken lo'lloal off, H6allhwalch as an indapendenl enlily made lasl year fémains a work in progress. The limglln& for this has slrelGhed due lo issue5 with Director recfuilment and we remain dependent on the Charify Commisslon registering Ihg new body. Funding for the Heallhwalch conlra¢l has iolled over into a lurthor year, and our expectation ol a compelilive lend8r is now less likely. Heallhwatch are currently in dis¢u$sions aboul securing 3 5 year conlracl. Ilkley Office - our lurthesl oulr8ach with a big heart. A focal point of Ihe community, our Ilkby office is manag8d by one pe¥son and run by a volunteer workforce. We continued lo use Ihe legacy from Ihe Maufeen Wilson Eslale lo enable Ihis office to operate. From December 2022. we Iransfer￿d the Offi￿ lease lo Ilklgy Community Tiansport and sinc8 then we are now a lenanl in this officE. Thi5 is provin9 SUCC8ssful Ihus far. Towns Fund - Kelghlgy and Shipley - Our CEO is Ihe VCSE ￿presentallye on both of these Boards and has supporled the development of the Town Improvement Plans and thèir submission lo governmenl, Both plans were well ￿CeiVed and over £58.6m will come into the Dislri¢l over the next few years. Through Iho Kelghley Towns Fund we secured a capital grant of £162k lo repair the ioof al Central Hall., Ihis work w45 compleltrd in 2023 and we atè delighted lo hove used a local company lo complete this work. The process of receipl ol the capil31 grant was via an open and compelilive process and Community A¢lion WBf8 not part ol the decision makin9 panel. An inlernal check was car￿d out by the Assets Manaser and our CEO wa8 not involved. Shaping the Future in Volunteering - we began conversalions wilh a group of 26 national charitie5 about work lo support these charilies with the diveisificalion of their volunteering base. Grant applications were made by Shaping Ihe Future and were unsuccessful so several ol Ihe cha¥ikn'es conlribuled lo pol which has allowed us lo cairy out a pièce of research around diversifying volunlegfin9. This report was wèll received and we have èxlend8d this project until September 2024. COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Advic• Netsvork - in late March 2023 we were approached by CBMDC ID deliver an advice network lo support the new Welfare Advice conlract providers. This funding provides resc*urces lor a co-ordinator post for 18 months and the first 12 months of the wort( has proven that we will need further inveslmenl lo continue this work. We will be d8veloping a joint bid with Advice Providers to furKI this post from Novemb8f 2024. Internshlps we have developed a new relationship with the University o18radford and in summei 2023 sècured another inlarnship within Community Action,. Ihe placement lasted for three months and on completion wè hav? been abl8 lo offer them a roles wilhin the Start for Life part ol the VCSE SIP. Cost of Living Support we ware commissioned by CBMDC lo deliver a prinled support booklol and an aGGompanying website lo support peopl8 wilh Cost ol living issues. This Work was delivered Ihroughoul 2023124 and the website has been maintained Ihioughoul the year. The fe-commis5ioned lo ravi5e, updale and rgp¥inl the booklel look place in autumn 2023. Hafne8Sln9 thè Power of Communlti88.' In April 2023 we slarted lo lead J partnership programme across Bradlord Dislricl and Craven on behalf of the Wèsl Yorkshire ICB. Thi5 work is in partnership with The VCS Alliance, HALE, Participate Projec15, CNel. Race Equality Nehyork. Community First Yorkshire and Give Bradlord. Thg WQfk involves deliv8fing b85poke inlervenlions in areas of high needllow VCSE infraslfuclure andlor capacity plus a sm811 grants programme. The partn8fship agreed lo deliver a Parli¢ipalory Grant Making event in autumn 2023 and suc£esslully funded over 25 organisalions in one day. Olher projec15 alé focu589d on Black Maternity Health. Ciag area ol Shipley. Bradford Wesl and Cravan. Clty Culturo 2025., Communlly Aclion has been worklng closely with the Bradford Cullurg Company lo support them with their valunleering ambitions in 2025. This has been enabled Ihrough tha Spiril of 2012 (Olympic legacy lundingl programme and through provlslon ol b8spoke pieces of work 5uGh as capacity building and salegu8rdlng training. ervice d Ilve orlin We acknowledg8 the work ol our finance le8m, HR and admin staff lor thelr part in our aGhi¢vemenl of V)is work. We thank them all lor Iheii hard work. Cgnlral Hall continues lo recover Irom the imp?Gl ol COVID-19. showing a surplu5 that we are planning lo reinvest into Ihe fabric of Ihg building. We have now Completely filled all our lenanlable spaces, including securing a tenancy with Cellar Tr￿51 who slarted lo run an evening-ba59d crisis seNi¢e from the premise5 in late 20221egily 2023. CAB wéia suGcassful in itrlaining IheirWallaieAdvirA ¢onlra¢l and havo signed a naw three. ygar lease. Ar Bradford Community Payroll and Accounts ICPAI activity continues lo grow lollowing the further inve51menl in th staff loam within our Ifading arm. The joint post wlh OUT financg assistant workin9 acrgss both organisalions lo support both enlilies wilh back offirk funclions conlinued Ihroughoul 2023124 with a promotion lo tho post of finanG• manager in aulumn 2023. The Directors ol CPA signed off a new business plan lof Ihe organisallon during 2023 and this will see the slaff ol CPA being able lo start lo draw down perfomance-relaled rewards Iram the end of 2023124. The business plan also addressed the slalic funding Irom CBMDC. providing an incraase lo ourchafges lo Ihg Council. Th8 plan also includes phases lo develop both direcl paymanls WO￿ and payroll setvi¢es lo VCSE oiganisalions. rs We ale very proud of our partne￿hIp work bolh wilhln and outside ol Bradford., our key woik includes.. NAVCA. Our CEO remains active in thè ne￿Olk of CEOS that support each other through COIN. During the year NAVCA launched a new quality award called LIQA and we ale part of the pilot programmo lo devel¢)p this work further. West Yorkshiiè ISO$: In January 2024 the five dislrirt based infrastructure support organisalions (Biadford, Cald8rdal8, Kirklee5. Leeds. Wakefield} made a commitment lo look al joinl working al a West Yoik5hire level. For thi5 they pul out a lende¥ for independent facililalion. MVCA were successful in secufing this work and a plan of work will be delivered through 2024125. COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial fOVI8W The Slalernenl of Financial Aclivili8s shows total incoming resources of £1,920,572 12023.. £1.321,540) and lolal resourcas expended of £1,717,05412023'. £1.262.049), being a nel surplus on movement offunds of £203,51812023.' £59,491 }. The lolal reserves al the yeaf end afe £1,711,42012023.. £1,507,902). Unreslficied raserves at th8 year end are £1,435.98012023'. £1,274,192} and reslricled funds are £275.44012023.' £233.7101. Res8Thes policy The Truste85 Gonsider Ihat they should review the level of reserv85 held by th8 charity al regular intervals. The charity's unr951ricled reserves. which have not been designaled for a specific use and do not relale lo revaluation resèrves, stood 81 £448,40912023 £332.110). Tolal ReseN8S Less .' Reslriclgd Funds Less .' Designalod Funds Less '. Revaluation Fund 1,711.420 1275,4401 1462.5671 {525.0041 448,409 The Truslges fe81 that reserves should equale lo approximalely 51x months unreslricled running cosis, currènlly £200,552 (excluding impairment rev¢isall, lo ensur8 Ihal adgquale fund5 are available lo allow continuéd furtheranco ol the objgcl£ of Ihe charity in the evènl ol lempor8ry shorffall of incoming r85DUlC8S. whilst aliernale funds are sought, Tho Trustees believe that holding adequate funds Io cov8r six months opgraling costs Would allow for an orderly winding up ol the oigani$alion and would a150 enable the organisalion lo be abl8 lo meel obligations towards $18ff and creditors in the event of Ihgr8 being no possibility of securing allernalivg longer-lefm lunding. These roseNeg (no's 1-3 below) lolal £214.529. We aim to use SUTplus rèseNes in ways Ihal rnget our charitable objecllves. Development and maintenance reseN•s. available lo the Iruglees lo ulilise {no'$ 4-5 below), lolal £248.038. The Ifuslees hav8 d8si9nal¢d the following funds a5 al 3113124. Fund {11 Organisalion Closure costs 121 Redundancy Contingency 131 Landmark House Leas 141 Cenlfa5 Hall Mainlenarbce 151 Development Fund 124.136 83.893 6.500 30,717 217.321 462,567 08e (11 Staffing and running Costs lor six monlhs lo ensure proper dosure ol the organisalion., 121 Redundancy valuation lor all staff., {31 Funds lo guarante9 the lease of Landmark Hous8.. 141 Funds lo support the mainlenancg of our (lagship buildin9 in Koighley.. 151 Funds to invest in services that support the wider VCSE Sector in Bradford Dislrid. During 2024125 a spending plan for this fund will be dfawn up. COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Major risks A risk review continues lo be an on-goin9 aspecl of all proj8cI planning. monilofing and quality assurance. Many aspects of risk management, such aLtlhorisalion. monilofing. and reporting. slafl v&lling and appraisal, safety procedures fof staff. property and cl￿nts. and adequate insurance cover. are embedded in our policies and operating ptocedure5. We mainlain a full risk regislqr Ihal all staff and tru5te8s contribsjle lo. This helps lo inform our sub-commitlee work both during the year and in planning for Ihg future. Plan8 for futur8 pèrlods We devèloped a new job slt8 during 2022123, launched in April 2023: since then il has proved popular and we are looking lo move inlo phase 2 of this development by seeking private sector busine55es' job adverts on the Sile. W hop8 thi5 activity will enable us lo turn Ihe si18 into a lull incom6 slream whi151 keeping Costs low for the VCSE sector. Due to Ihe dramatic loss of income ffom the VCSE SIP contract. we ar8 looking al devgloplng our Ifading even further. The Board has invésted in a Business Development Team. ulilising ils Development Fund lor thi5 purpose. There is 8 gap in capa¢ily building lor srnall8r gras5rools organisalions and funds raised Ihrough this téam will bè allocated lo this gap. We will seek to provido ¢onsullancy around ourkgy gkills in the Ofganisolion and look al subscription 59rvic88 for our popular newsleller, Brioling Bradlord. structure, governance and rnanag•mont Community Action Bradlord and District is a regisl8red charity consliluled as a company limited by guarant99 and is governed by ils Memorandum and ArtiGles ofAssocialion. The member$ of the management commillee, who are also the d1￿clOr6 for the purpose of company law, whts servgd during the year are shown on page 7. The Iruslees, who are also the directors for Ihè purpose of company law, and who seryed dufing the yoar and up lo th8 date of 8ignalur• of the financial slalemenls were.. D O Amusan-Fagborun E Anand S J Davison S E Douglas P M Essler M P Fraser M T Gerdes M P Nicholson R D Templar K J Wyall (Resigned 19 Pthay 20231 (Resigned 30 Augusl 20231 COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT IINCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Recruilmenl and appoinlm8nl of Iruslees The Iruslees are conscious of Ihe need lo ensure thal they have an approprialè fange ol skills lo man898 Ihe charity. and the need lo ensure a Boaid which is r&presenlalive ol the range ol groups wilhin the membership ol the organisalion. To this end. the Board audits their skills on an annual basis lo have a clear idea of their liaining ne8ds. While recruilmenl of Iru51e2s is a democratic PTo¢ess, Ihe Iruslees issue task descriplions lo po18nlial candidales lo ensure they have a cloar idea of the requirements of IhB rote. Th8 Ifuslees also Seek to co-opt nèw Iruslees lo slrenglhèn the Board in areas of perceived w&akness. New Ifuslees received induction filés of general Inlormalion, including 51ruclur8s. budgels, staff roles and policies. They are also provided wilh a sel of Iha governing documents of both Community Action and ouf Irading arm, Community Payroll and Accoun15. All new members meet with the CEO and senior staff as part of Iheir induclion lo gain furthef understanding of Ihe organisalion and ils purpos8. Throughout the year s8nior staff afe inviled lo Board meetings lo update Trustees on Ih81f arealsl of Wofk. AS a 8oard we aro commilled lo ensuring Ihal our whole organisalion is reflgclive of Ihe comrnunilie5 W8 serv9 and dL*ring this yeai we added a standing ilgm lo our ag8nda covering EDI allowing us lo Gheck our prograss and development in thè diversification of our oryanisation. Dufing 23124 Ihe Board also agieed lo look into lh8 developmgnl ol a Stakeholder Advi50ry Group lo support Iheif desire to bè feflectNO of the communities in Bradford District. All tru51ees give their time voluntarily. Ofg8ni80lion81 slruclu The charity is organised so that the Iruslees mel regularly lo manage ils affairs.. our subvcommilleps meet when required lo meet the needs of the organisalion and we run Board me81inys bi-monthly. These rgmaln mostly online wilhirt Ihe paramel8rs ol governing document. Day-lo-day managemonl is undertaken by the Chief Executive Offlcer ICEO). The CEO is dlre¢lly accounlable lo the Chaii and colle¢lively lo the wider board ol Irusle88. The organisalion is divided into specialist dèpartm8nls or teams. Each team is. in lurn, managed by a manager. who is accountable lo lh8 CEO. One of our directors ale also director of CPA and our CEO lakes a second s8al al CPA Boafd. Community Acllon remains commilled lo the improvement and development of sound personnel managemenl slruclures and as 5u¢h during the year ensured regular rnanagarfs meetings across the organisalion, ongoing supervision and continued annual appraisals for all slafl. AS we now op8rale I￿rn four venues, we try to ensurg that staff are nehvorked and inform¢d of each olh8rfs acllvili85. Our inleinal newsl8ller which is used by all staff lo ¢ommunicalg inlernal changes and news remains populaf wilh Ihe staff. Relalionship with ra181od pgrties CAB&D is Invo￿8￿ in a number of partnerships In ordgr lo fulfil 118 objoclrves. CAB&D is also Ihe solé member of Bradlord Cornmunity Payroll and A¢￿￿nIS Limlled. (Company numbèr 030388131 and, in consequence. appoin15 thè diie¢lofS of that company. Funds held as custodian trusl•o Al 31 March 2024 the charity held funds as custodian on behalf ol olhgr organisalions tolalling £28,766. These alg h91d within separate bank accounl lo ensure segfegahon ffom Ihe charity's a5sels. Auditor DLtring the financial year. the charity operaled a compeliliv8 lender process and BK Plu5 Audit Llmikd were reappointed as auditor ol the charitable company for Ihree years, commencing 31 March 2024. COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 The Iruslees, report was approved by th& Board of Tnjslees. M T Gerdes Trusteo Dale.. 1911112024 COMMUNITY ACTION BRADFORD & DISTRICT LTD STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The Irvslees, who aTe also Ihe directors of CommunityAclion Bradford & Dislrict Ltd for the purpose of cornpany law, are 16sponsible lor preparing the Trustees, Report and the financial stalemenls in accordance with applicable law and United Kingdom Accounting Standard5 (Uniled Kingdom Generally Accepted Accourtling Praclicel. Company Law requires the Iruslees lo prepare financial statements lor each financial year whlch give a Irue and lair view of the slate of affalrs of the charity and of the incoming fe50urces and application of iesources, including the income and expenditure, of the charilable company for that yeai. In prtparing these fir¢ancial slalem8nls. the Irusle8s ar8 required ￿.. selecl suitabl8 accounling policle$ and then appty them consistently- obserye the m8lhods 8nd Pfin¢iple5 in Ihe Chariligs SORP- rnake judgements and eslwnatfj5 that are teasonable and prud8nl'. and prepare Ihe linancial slalemenls on th8 going concern basis unless il 19 inappropfialg lo pre8um8 that th8 charity will continue in operation. The Iru51ees are responsible for keeping ad8quale accounting records Ihal disclose wilh rea80nable a¢¢uracy al any limo the financial position ol the charity and enable them lo ènsure Ihal the financial slalemenls comply with the Companies Act 2006. They are also responsiblg for safeguarding tho assgts of Ihg charity and hencA for taking reasonable Steps lor the prevention and dgl¢clion of fraud and other irregularities. COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Opinlon We have audited the financial statemen15 Of Communty Aclion Bradlold & Diglricl Lld Ilhe 'pare¢)I chariiab19 company'l lor the year ended 31 March 2024 which comprise the slalemenl of financial aclivilies, the balance sheet, the slalemenl of cash flows and notes lo the financial slalemenis. including significant accounting policies. Tho rinancial reporting framework Ihal has been applied in their prepa(alion is applicable law and United Kin9dom Accounting Standards, including Financial Reporting Slandard 102 The Financial Reporting Slandard applicable in Ihe UK and R8public of Ireland {United Kingdom Generally Ac£epled Accounling Praclicel. In our opinion. the financial slalemenls.. give a true and faif view ol Ihe slate of the group and parent charitable company's affaifs as al 31 March 2024 and ol ils incoming resources and application ol re50urce$, foi the year then ended,. have been properly prepared in accordance with Uniled Kin9dom G8nerally Accepted Accounting Praclice-, and have been prepared in accordance with the requirement$ of th8 Companies Act 2006. Basis for oplnion We conducted our audit in accordance with International Slandards on Auditing (UK) IISAS {UKII and appllcable law. Our re5pon5ibililie5 undef those standards are lurthef described in Ihe Audilorfs rgsponsibili1185 lor Ihe audit ol th8 rinenclal s181gmenls section of our report. are indgpendenl of the group and parènt charitabl8 company in accordance with the ethical r8quiremenls Ihal are ielevanl lo our audit ol the financial slalements in the UK, including the FRC'S Elhical Standard, and we have luifilled our other ethical responsibilities in accordance wilh Ihgse requirem9nls. We bèlleve that the audll evvJenrA we have oblained Is sulficignl and approprialo lo providg a ba515 lor our opinion. Conclu¥iong relating to going concorn In audlling the financlal slalem8nls. we have Concluded that the Iruslges, usa of Ihg going ¢on¢ern basls of aL%ounling in the pieparalion ol the financial slalemenls is approprialo. Based on the work we havo performed, we have not idenlified any malerlal uncertainlles ￿lating lo ev8nls or conditions Ihal, individually or collectively, may cast significant doubl on the group and parent charitable company, ability lo continuo as a going ￿ncern for a pefiod of al Igasl hvalve fflonlh$ Irom when the finan¢ial slalemgnls are 8ulhorised for issu8. Our responsibilitie5 and the respon5ibililies of Ihg Iruslees wilh respect lo going concern are desciibed in the relevant sèctions ol this r8POrt. Other Infofrnatlon The other inlormalion comprises th8 information included in the annual report olhor Ihan the financial slalemenls and our auditorfs report Ih8reon. The Iruslees afe responsible for the other infom)alion ¢onlained within the annual report. Our opinion on the financial statements does nol cover the other inlormalion and we do not expr855 any foim ol assufan¢e eonclusion Ihereon. Our responsibility is lo read the olher informalion #nd, in doing so, consider whether the other inforrnalion is materially inconsislenl with tha financial slalemenls 01 OLtr knowledge Dblained in th8 course ol thè audit, or olhernise appears lo be materially misslaled. If we identify such malelial inconsistencies or apparent material mi5slalemgnls. we are required lo delerrnine whelhel this gives rise lo a material misslalemenl in the financial slalemenls themselves. If, based on the work we have p8rformed. we conclude that there is a malafial misslatemenl of Ihls other information, we are r8quired lo report Ihal lacl. We have nolhlng lo report in this regafd. Matter3 on whlch w8 are requirgd to report by exception We hava nothing lo report in respect ol Ihe following mallers in folalion lo which the Charities IAccounls and Reports) Regulations 2008 require us lo report lo you if. in our opinion.. the Informallon given in Ihe financial slalpments is inconsistent in any material respect with the Iruslees, r9POrt', oi Sufficient accounting records have not been kept- or the finanoal slalemenls are nol ill agreefflent wilh Ihe accounting records- or we have not received all the information and explanation5 we ieqLtire for our audit. COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Rè5ponsibilltles of trustees As explained more fully in the statement ol Iruslees. iesponsibililies, Ihe Iruslees. who afe also Ihe dlfeclors ol Ihp parent charitable company lof the purp03e of company law, are responsible for the prepaialion ol the financial slalem8nls and for being salislied that Ihey give a liue and fail view, and for such Internal conlfol as Ihe Irusl88S determine is necessary lo enabl8 the preparation of financial statements Ihal are free from material misslalemenl, whether du9 to fraud or efror. In preparing the financial slalements, the truslees are responsible For assessing the charity's ability lo ¢onlinue as a goin9 concorn, disclosing, as applicable, mattets ￿lated lo going concern and using the going concern basis of acLounling unless the Iruslees either inlgnd lo liquid818 the charitable ¢ompony or lo ceas6 operations, or havo no realislic altefnalive bul lo do so. Audltor's rgsponslbilitio5 for the audlt of the flnancial statem•nt$ We have been appointed as auditor under section 144 01 Ihe Chari118s Act 2011 and ieporl in accordanrk wilh the Act and relevant regulation5 made or having effect Ihoreundgr. Our obleclives are lo obtain reasonable a6$urance about whether thè linanci31 slalemenls as a whole are free from material misslalemenl, whether due lo fraud or error, and lo issue an audilorfs report Ihal includes our oplnion. Reasonable assurance is a high level of assurance bul is not a gu3ranlee Ihal an audit conductèd in accordan¢e with ISAS IUKI will a￿ayS d8lecl a material mi5Stalemenl when il exists. Misslalomenls can arise from fraud or error and are considered material if, individually 01 in the aggfegal8. Ihey could reasonably be expecled lo influence the economlc decisions ol users taken on the basis of Ihese financial slalemenls. The exl8nl lo whlch our procedures are capabb of delgcling irregularities, including fraud, is d8lailed below. A further description ol our responsibililias is available on Ihe Financial Repoiling Council's websit8 al.. hllps,'// www,frc.org.uk/audilorSr¢sponsiblli1￿5. This desuiplion forms part ol our audil0rf5 reporl. 10- COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Other matters Our approach lo idenlitying and assessing the risk$ of malenal misslalemgnl in respect ol irregularilie5. including fraud and non-compliance with laws and regulations, wa5 as follows.. Th8 engagement partner ensured that the engagement team collectively had the appropriale compel8nce, ¢8pabililie$ and skills lo identify or recognise non-compliance with applicable laws and regulalions.. W8 identified th8 laws and (egulalions applicable lo Ihe company through discussions with direclors and other management, and Irom our commercial knowledge and experience ol the industry sector,. Wo focused on speGifiG laws and fegulalion5 which we Considered may have a direct malerlal effect on the linancial slalemenls or the operations of the company, induding the Companies Act 2006, laxalion legislation and data prole¢lion, anli-bribery. omploym8nt, ènvironmental and health and safety lagislalion., We assessed the exlenl ol compliance with the laws and r8gulalions ident¢fied above through making enquir10s ol management and inspocling legal correspondence. and Ensufed law5 and Tegulatrons were comrnunicaled within the audil team regularly and the team iemalned alort lo instances of nonMII M T Gerdes Trusleo Company regislfalion number 04283003 (England and Wales) 14 COMMUNITY ACTION BRADFORD & DISTRICT LTD CONSOLIDATED STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 (Re5lated) Notss Cash flow8 from operating activit188 Cash generated from operations 25 80,343 289,058 Investing actlvlties Purchase ol tangible fixed asset5 Investment income received 8,188 15,199 16,216 6,263 Net cash generated froml(used In) Investlng activltles 7,011 9,953 Not cash used In flnanclng actlvltles Not Increasg In cash and cash equlvalenls 87,354 279,105 Cash and cash equivalents al beginning of year 1.488,207 1,209,102 Cash and cash oquSvalent$ al end ol year 1,575,561 1,488.207 15- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollclo8 Charity information Community Aclion Bradlord & District Ltd is a private company limited by guaranlee incorporated in England and Wa16s. The registered offio is Cardigan House, Ferndiffe Road, Bin9ley, We31 Yorkshire. BD16 2TA. 1.1 Accounting convontion The financial statements have be8n p￿pared in accordance with the charity's lyovefning documenll. the Companies Acl 20Q6. FRS 102"Th¢ Financial Reporting Slandafd applicable In Ihe UK and Rèpublic of Ireland ("FRS 102") and the Charities SORP "Accounling and Reporting by Charit￿5.. Statement ol Recommended PracliEe applicable lo charities Pfeparing their accoun13 in aGcordance with the Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021" leffeGlive 1 January 2019). The Lharily is a Public Benefit Erslify a5 defined by FRS 102. The ft"nan¢lal statements are prepared in slèrting. whith 15 the functional currency of Ihe ¢harity. Monetary amounts in these linancial slalemenls are rounded lo tho n8aresl £. The financial slalgm9nls hgve been prepared under the historical cosl convention. Imodified lo include the revaluation ol freehold properlies and lo include inveslmenl propertl85 and ctrfain linanci81 inslrumenls al laif valu$l. The pyinupal accounting policies adopted are sel out below. Group financial statgm9nts The Slalemenl of Financial Aclivi1195 ISOFAI and balance sheet consolidale Ihe financial $lalemenl$ of the charity and ils 3ubsidiary undertaking. The r95uIts ol the subsidiary are ¢onsolidaled on a line-by-line basis os the subsidiary and parent have identical pU￿oSe. No separate Slalerngnl of Financial Activities has been piesenled for the charity. as p6miilled by Seclion 408 of the Companies Acl 2006 and Section 24 01 the SORP (FRS1021. The charlly has availed itself ol Paragraph 411) ol Schedule 1 of the Largg and Medium sizes Companies and Groups (Accounts and Reports) Regulations 2008 and adapted the Companies Act formats lo refla¢l tha spacial nature ol the charity's a¢tbvilies. The Significant accounling policies applied in the Pfeparalion ol these financial slalomenls are 8el oul below. These policies hav8 been consislenlly applied lo all years presented unl955 olhorwise Slal8d. 1.2 Golng concorn Al Ihe lime ol approving the financial slalemenls. th9 Iruslees have a reasonable 8xpoclalion that th8 charity has adequatè resource5 lo conlinuè in operational existence for the foreseeable lulure. ThLt5 th8 Irusl8es conlinue lo adopt the going concern basis of aeeounling in preparing the financial slalemenls. 1.3 Charltablg funds Un16slricled funds are available for uso at the disuelion of Ihg trustees in furtherance ol their charitable objectives. Reslricled funds are subject lo specific conditions by donors or granlors a6 lo how they m8y be used. Thè PUfP05es and usgs of thè reslrKled lunds are sel out in the note5 to the financial st4lemenl5. 1.4 Income Incom8 is recognised when the charity is legally entitled lo il aftar any perfomance conditions hav9 be8n mel. the amounts can be m9asurgd reliably. and il is probable th?1 income will be feceived, Cash donations are recognised on receipt. Olher donations are recogni5ed once the charity has bean noliligd of Ihe donation, unles3 perfomance condiliorbs requir8 delerfal ol the amount. Income lax recoverable In relation lo donations received under Gift Aid or deeds of covenant Is fecogni5ed al Ihe time of the donation. Lega¢ie5 are recognised on rec8lPt or otherwise if the charity ha5 been nolifjed of an impondlng dislribulion, the amounl is known, and receipt is expecled. 11 the amounl is not known. the legacy is Irealed as a conlingenl ass81. 16- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcles Chaflty information Communlty Action Bradford & Dislficl Lld is a private company limited by 9uaranlee incorporated In England and Wales. The re9islered office is Cardigan House. Ferncliffe Road. Bingley, Wesl Yorkshire. BD16 2TA. 1.1 Accountlng Convention The financial slalemonls have been prepared in accordance with the charity's Igoverning docymanll, the Companie5 Act 2006, FRS 102"The Financial Reporting Slandard appliGable in Ihe UK and Republic ol Ireland" I'FRS 102-1 and the Chari1195 SORP "Accounting and Reporting by Charities.. Slal?rngnl of Recommended Praclice applicable lo charities Preparing their accounts in accordance with Ihe Financial Reporting Slandaid applicable in the UK and Republic of Ireland IFRS 1021° (effective 1 January 20191. The charity is a Publi¢ Benelit Entity as defined by FRS 102. Th8 linanci?18latemenls ar8 prepared in slerling. whi¢h is the lunclional currency of th$ charity. Monglary amounls in these linancial slalemgnls are rounded to Iha nearest £. The financial slalements have beon prepared under Ihe historical Cosl convention, Imodified lo include the revalualiun ol Ireehold Pfoperties and lo includg invèslmenl prop8rties and certain financial inslrum8nls al fair V81uel. Tho princlpal accounting policies adopled aro sel out below. Group flnan¢lal ststgmènt8 The Slalemenl of Financial Activities (SOFA) and balance 8h8el CAinsolidale th8 financial slalemenls of the ¢hafity and its subsidiary undertaking. The resu113 01 lh8 subsidiary are consolidalod on a line-by-line basis. The Charity has availed ilsglf ol P8ragraph 3 131 of Schedule 4 of Ihg Companies Acl 2006 and adapted th8 Companies Act formals lo rellecl the sp8cial nalure of the Charity's activities. No separate SOFA or Income and Exp9ndilure Account have been presented lor the Charity along as permilted by section 230 01 the Companies Act 2006 and paragiaph 327 01 Ihe SORP. 1.2 Golng con¢•rn Al the lime of approving Ihe financial $lplemen18. Ihe Iru3t8es have a ￿asonable expoGlolion that the charSty has adequate resourc95 lo continue in operational exislence for the foreseeable Future. Thus Ihe Iiusl8os continue lo adopt the going concein basis ol accounling in preparing Ihe linancial stalémenls. 1.3 Charltsblo funds Unreslricled funds ¥r8 available for use al the discretion of tha Iruslees in lurtherance of Iheir ¢harilable objeclives. R8slricled lunds are subjecl lo specific conditions by donors or grantors as lo how th8y may be u58d. The purposes and uses of the reslricled funds ale set oul in the notes lo the linancial slalemenls. Endowment funds 8fe suty'ect lo specifi¢ condilions by donors Ihal the capital musl bo malntained by th8 charity. 1.4 Incomo Income is recognised when the charity is legally enli118d lo it after any performance condilions have been met. the amounts can be measufed reliably. and il is probable that Income will bo réceived. Cash donalions are recognised on receipt. other donations are recognised onc8 the chaiily has been nolified of the donation. unless perfofmance ¢ondilions require deferral of the amount. Income lax recoverable in relation to donations received under GiftAid or deed5 of covenant is recognised al the lime of Ihe donalion. Legacies are recognised Dn receipt or otherwise if the charity ha5 been nolified of an impending dlslribulion, Ihg amaunt is known. and receipt is expected. If the amount is not known. the legacy is Irealed a5 a conlinggnl asset. 16- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting poll¢lÈs (Contlnued) 1.5 Expenditurè Expenditure is recogni5ed once Ihere is a legal Of eonslruclive obligation lo transfer economic benefit lo a third party, il Is Probable Ihal a Iransfei ot economic benefits will be required in $elllemenl. and the amounl of the obligallDn can be measufed reliably. Expenditurè is classilied by aclivity. The costs of each activity are made up of the total of direct costs and shared costs. including support C051s involved in undertaking each aclivity. Dir8Ct Cosls allribulable lo a 5ingl6 activity are allocated directly lo that activity. Shared ¢osls which conlribule lo more Ihan one a¢livity and support costs which are not allribulable 1¢ a sing18 aclivily are apportioned betsYe8n those activities on a basis con51slenl wllh the use ol resources. Central 513ff costs are allocated on lh¢ basis ol time 5Pgnl. and depreciation charges are allocated on Ihe portion of Ihg asset's use. 1.6 Tan9iblg fixgd assets Tangible fixed assets aré initially measured al cost and subsgqu6nlly measured at ¢081 or valLtalion, net of depreciation and any impaiTmenl losses. Oeprecialion Is recognised so as lo wrila off the cost or valuatlon of assels less their rasldual valu08 ovar their useful lives on the following bases.. Leasehold land and b*Jlldings FixlL¢rgs and filling$ Computers Slfaighl ling over 99 year lèase 20% rgdu¢ing balance I slraighl line over 314 years Slraighl lina ov8r 4 y8ars The gain or loss arising on the disposal of an asset is determined as lh8 difference beNvean Ihe Salè proceeds and the carrying value ol the ass?1, and is reco9ni5ed in the 51alem8nl ol financial aclivilles. 1.7 Impairmont of fixed assets At gach reporting end dale, the charity rgviawg the carrying amount$ of ils tangible ass8ls lo delemine whether there is any indication Ihal Ihose assets have suffered an impairm8nl loss. If any such indication exi515, the recov8fable amount of the assèt is estimatéd in order lo determine the exl8nl of the irnpairmènl loss lif any). 1.8 Cash and cash equlvalonts Cash and cash equivalents includ8 cash in hand. depo$il$ held al call with banks. olhef short-lerm liquid investmen15 with original malurilies of three months or Igss. and bank overdrafts. Bank overdrafls are shown within borrowings in currenl liabililie5. 1.9 Flnanclal in$trum4nts The charity has elecled to apply lh8 provisions ol Section 11 '8asic Financlal Inslrurnenls, and Se¢lion 12'01her Flnancial Instrumenls155ues' ol FRS 102 to all ol ils Iinancial inslrumgnls. Financial inslrltmenls are recognised in Ihe charity's balance sheel when th8 charity becornos party lo th8 ¢onlraclual provisions of Ihe inslrumonl. Flnancial assels and liabilities are offset. wilh Ihe nel amounts Pfesenled in the financial 51alemenls. when there is a legally enlorce3b18 righl lo sel off the recognised amounts and there is an inlenlion 10 settle on a nel basis or lo raalise the assel and settle Ihe liability simultanooLFsIy. 17- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies (Continued Baslc financlal as$¢ls Basic financial as5els, which include deblors and cash and bank balances. afe inilially measured al transaction price includin9 transaction eosls and are subsequenlly carried al amortised cosl using the effective inleresl method unless the afrangemenl conslilules a financing Iransaelion, where the transaction is measured al th8 present value of the lulure feceipls diseounled al a martet fala ol in18resl. Financial asse15 Glassified as receivable within one year are not amor115ed. Baslc financlal Ilabllltl8s Basic financial liabilities. including Cfedilofs and bank loans are initially r8cognis8d al Iran5aclion prlce unl8SS the arrangement con81ilut8s a financing Iransaclion. where the debt in51fumanl is measured al the Present valuo of the lulure payments discounled al a markel rale ol interè51. Financial liabililies clas5ifie¢J a8 payabl8 within ona year are not amorlised. Debt instruments are subsequgnlly carried al amorti$ed CA)sl. using the effectwe inleresl 1818 method. Trade ¢￿ditorS aro obligations lo pay lor goods or serviGgs that have been acqLtired in the ordinary course of operations from suppliers. Amounts payable arè dassified as current liabili118s if payment is due within one yBar or less.11 nol. they are presented as non-currenl liabilities. Trade creditors are recogni¥ed initially al transaction price arKI subs8qu•nlly measured al amortis¢d cost using the 8ffe¢livo interest m8lhod. Derncognlllon of Ilnanclal Ilabllltl•s Financial Ilabilill95 are dgrg¢oynised when the charity's contractual obSigalions expire or are dS$charg8d or cancelled. 1,10 Employ•• ben•fit9 The c051 of any unused holiday enlilleménl is recogni$¢d in the period in which the employee's 8ervices are received. Tarmlnallon benefits are recognised immedlalely as an expense wh8n the charity is demonstrably ¢ommilled lo lerminale the employment of an employee or lo provide lerminalion bengfils. 4.11 Rotlrement benofits Payments lo d81ined contribution relir8menl benefit schemos ale charggd as an exp8n3e as they lall du8. Crltl¢al accountin9 48tlrnat•g and Judgoments In the application of the charity's accounling policie5. the IfU8tees ale requirad lo make judg#menl8. estimates and assumptions about the carrying amount of assgls and liabili119s that are not readily apparent from other SQLtrc8s. The estimates and associaled a55umplion5 ar8 based on historical experience and olhei faclcrs that arg Gonsidered lo be relevant. Aclual results may differ from these eslimales. The tslimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting e$limales are recognised in the period in which Ihe eslirnale is ravisèd where th8 rovi$ion affects only that periad, or in th9 period ol the fevision and fuluie periods where the revision affecls both curtenl and future periods. 18- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 In¢omq from donation5 and legacies Unrestricted lunds 2024 Restrlcfed lund5 2024 Total Unrestrlcted R•stilct•d lunds funds 2023 2023 2023 IRoslal•dl (Restalèdl (Restaledl Totsl 2024 Donations and leg8cie5 Gran15 and conlracts Income 1,438 205.165 1.438 1,646,892 352 212,545 352 1,089,931 1.441,727 877,386 Donab"on from Irarjing subsidiary- Bradford Community Payro51 Tolal Incomg 206,603 1.441.727 1.648.330 212,897 877,386 1,090,283 Grant$ r•¢•lvable for actlvlti 8radlord Dlstrict and Cra￿n CliNrAI Commlssioning Group BMDC- Advice Ne￿Ork BMDC- Central Hall BMDC . Community Champh?M BMDC - Olsability Gfonl BMDC - DVSA BMDC- HALE BMDC- Heallhwaclh 8MDC- Other BMDC-VCSE SIP BMDC- VCSE ,. SF4rirt 012012 BMDC-Warm Spacas Bradlord VCS Allianee Communlty Transport Harrogat• and Di$lrirl NHS Fwndalion NHS Wesl Yoikshiie IC8 Shaping the Futur• Other 54.000 48.389 54,000 46,389 159.083 830 6.499 6,499 159.083 830 17,319 9,213 17.319 9.213 66,000 19,568 184,200 3,1 3.100 66,000 19,568 184,200 204.&)0 204,000 5.475 894.2S8 792 5.475 40,607 B53.591 792 175.411 517.485 29.245 692,896 29,245 4, 103 60,888 4.103 80,888 9.000 10.000 221.684 34.500 1.841 9,000 10,000 221,684 34,500 1,841 205.165 1.441.727 1.646,892 212,545 877,388 1,089,931 (BAIDC 2 8r¥dlord Metmpolilgn Dlslricl coun￿1) 19 COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income fTgm charitsblè 4¢tlvitigs Unr8strictgd fund3 R•$lrlcted funds Total Unrestrlcted Rostfictsd funds funds 2023 2023 IRgststgdl IR•stalod) IR•statgd) Totsl 2024 2024 2024 2023 Bulldlng$ Servlc• Chaiilable and project Income 128,229 128,829 124.878 124,878 Prolgcls and Programmqs Charilable and proled income 7,600 18.240 23,840 20.089 20,089 S•ctorSupport Charitable and project incomg Rent received 30.440 30,440 11,281 1g,744 31.025 166,269 16,840 183.109 136.159 39,633 17S,992 Othor tradlng actlvlt5•1 Unf•$trlGtgd Unr•strlct•d fund fund6 2024 2023 IRo$lalod Bradford Comrnunity Payroll Ltd 432,264 374,289 432,284 374,289 Incomo Irom Invoslmgnts Unrostrlcl•d Unr951rlct•d funds funds 2024 2023 IR95tstsdl Intere31 rece¢vable 15.199 6,263 15.199 6,283 -20- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDEO 31 MARCH 2024 EJpÈndlturq gn ¢hérfl•bl••ctfvllle8 e￿IdIn1* S•rvlt ProJ•¢ti ind Prollr4mrnt* 2014 ¥•¢lor S¥p•rt 1014 T•1 Chailtabl• eulldlngs S•rvl¢•¥ Prol•£l• P£ogrimrn•¥ 2023 Toi•l Support 2013 2024 2124 202J 202J IR•sl•l•dl IRe%141qdl 2023 Dlr•£l to¥li 511tt￿51ts Dppi•¢lJthn 8nd1rnP41irMnl BUI￿lD9 pndpiéml8•1 ¢0StJ (xri¢* ¢9115 rnput•rc04ti oitsr 8nd iro¥01 coJl8 siaii, h•8I114n&lra￿1ry Piolo¢i8nd 4¢1MIIy E4WI ao.245 147.456 49B.981 7.fj57 29.133 12.62D 707.6P 9.258 105.401 15.575 70.gJl 17),888 438.179 682,895 7,113 63.943 3S,6¥4 11.K9 3.082 620 224,010 180.501 9,924 320 505 70.828 1.448 .072 10,432 11.C69 3.928 7.303 8,433 3,127 2.6Y 35.698 240 696 169.& 2.472 5.972 5277 728.646 76 J76 6,710 4,103 174 712 15.815 30.176 2,085 2,227 2D2,975 145.735 R•) 311,499 J2.432 9.642 246,510 151.082 6Lb) 2.795 100 Pr¢(•S￿O￿al le Fln•nll• ￿St1 Olhèr ￿¥1• 9.924 320 470 35 ts05.038 993.629 1.lQ4.630 Jie 172.326 230.•05 36,899 1.240.246 Shar• al iupp¢Jrt ind gO￿rnInC￿¢o•t• li•• nol• 7 Suppo 973 273 12.439 13.IB5 17,792 17.792 307.039 gJS.412 905.gB8 i.TTJ.41S 112.328 230,gOS B3E,6P 1.259.028 Anilyil$ byfvnd 86.th) 679,538 393.165 1.384.950 1U,671 1.291 112.3Z8 292.180 54,019 81.427 778.611 RwW¢led fundts .412 230.85S 307.035 805.412 1,778.415 18.108 172.326 230.905 8J6.899 1,258.038 COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Olhgrtf•dlng cost¥ UnT•¥ti¢¢tqd funiS Unr•itr5¢tgd fwnd* 2023 IRBstsl•dl 2024 8radlord Community Payfdl Ltd 368,980 306,034 J6B,P80 306.D34 Support ¢o*ts 811g¢taqd to *¢tl¥ltl•g 2024 ZO23 IR•stat•d 13,785 19.108 An•lyB•d b•tw••rh: Buildin9 SÈNic8 Prolèc15 gnd ProgrnMTr￿I S•¢ior Support 973 1.381 15,488 1,23 373 12,439 13,788 18,10 Not mov•rn•nt In lund• 2024 2023 IR•$l•todl Th¢ nel mov*rn8nl In funds Is stslod *ft¢r ¢harging1l¢r¢d￿ Fees payabl• lor lh• audil of Iho charivi fin4nciBI sW¢effrtnli -Audil servK•s NDll qudil s•rvlus D4pi•clal1)n 01 owned lan9ibl¢ fL%ed a¥stts 10,200 1,565 9,258 8,420 1.490 12.176 11 TTu•t• None ol lh• InJsl•es l¢tr any porxon¥ connectedwilh Ib￿) rec•l¥td romunwation or b•n•filS Irorn Ihe GhHrii¥ ¢Juilng Ihe ye•1. Tiustee5 ind¢mnity Insuronce cover ffj Incl￿1•d Iht charity5 main insur4n¢• pclky. how•v¢rtb• Plen￿M pah1 1& not 6epwialely idenlifioblp from lh¢ lolal cosl incurrnd. Trnat¢es •xp•n8•S Ng Iruslee5 expen9es wtrre paid during the IlnintiHI year. 22- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Employees The avefage monthly number ot employees dUfW￿ Ihe yearwa5= 2024 2023 Numbor Number Chief Executiv8 Adminislalion, finance and managers Frontline sUPPOrt staff Heallhwalch Ancillary staff (Cleaners and Calè} Trading company 12 12 30 29 Employment costs 2024 2023 Wag88 and salartes Spcial seculrty costs Oltter penslon c051s 877,977 66,354 35,073 809,097 61,105 29,926 981,404 900.128 The number of emp5oyees whose annual rèmuneialion was more than £60,000 is as lollows.. 2024 Number 2023 Number £60,0001-£70.000 The f8muneralK)n of key management personnal was as follows- 2024 2023 Ag9regale compensation 64.296 62.111 13 Taxallon The charity 18 exempl from taxation on ils a¢livllies because all115 Income 1$ applied lor ¢haritablg purposes -23- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tanglble flxed assets CHARITY L•a$èhold Flxturo$ and land and flttlngs buildlngs Computers Total Co81 or valuatlon Al 1 Aprll 2023 Additions 275.OfA) 176,162 14,137 8,188 465,299 8,188 Al 31 March 2024 275.000 176,162 22,325 473,487 Ooproclallon and Impalfmenl Al l Aprll 2023 Depreclalion charged in Ihe year 159,565 3,319 8.840 5,937 168,405 9,256 Al 31 March 2024 162.884 14,777 177,661 Al 31 March 2024 275.0 13,27B 7,548 295,828 Al l Apfll 2023 275.DQO 18.597 5,297 296,896 Included wilhln long leasehold assets Is the cmarlty PTemlses al Cenlral Hall, KelJhley. These Pfemlses were rovalued on th 2 Oelober 2024 by Mark 8rearley & Company, Chartered SuryeyoTS and Commerclal Property Consullanl5,al £275.000. The property was proviously included in th8 finandal slalemènls al a value of E600,000 a8 per a valuallon dalod g November 2017 . however il has been noted Ihal tNs value was on the basis of freehold ownershlp aTrJ nol leasehold and thèrefore 8 reslalemenl15 requbred. Thè valuer ha8 conllrmed that Ihe lease￿)kI valuation oblalr*d would not have been materially dlfferenl al ellher 3113122 or 3113123. Iherefofe the broughl lornvafd val￿$ in Ihe accounls ha3 been amended lo reflect INS corfect basis ol valuallon. Al 31 March 2024, had the revalued a5sel$ been cafiied al hlsloric cost le9s a¢eumu1318d dep￿cIatIon and accumulated Imp3lrmenl1058es, 11)etr Car￿ng amount wou5d have been approximalely E121.98812023- £122,134). Tho rev8lualion s￿pIUS Ss disdosed in the detailed luTrJ5 analysis nole. -24- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 14 Tanglble flxgd assets IContinu•d) GROUP L•a5ehold Flxturgs and land and bullL11ngs Cornput•rs Total C08t or valuallon Al 1 Apill 2023 Addllions Di8posals 275,000 190,437 62,440 8.188 1,524 527,877 8,188 1,524 Al 31 March 2024 275.0￿j 190.437 69.104 534,541 Depr•clatlon and Impalirnenl Al 1 Aprll 2023 Depfe¢Sallon ¢harged in the year Ellmlnale on disposals Reversal of Impalrment 173,710 3,384 55.996 8,81 S 1,524 229,708 10,199 1,524 Al 31 March 2024 177.094 61,287 238,381 Al 31 March 2024 275,000 13,343 7,817 296,160 Al l Aprll 2023 275,000 18,727 6,444 298,171 COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2024 1S Flxed asset Investments There were no investment assets outslde the UK. Th8 companls investments al the balance Sheet dal8 Include the fgllawing Bradford Communl Pa roll Ltd The charity 15 the sole membei of Bradlord Community Payroll Ltd. which does not have share capital, therefore no inveslm8nl valtse Is presenl8d on thè balance sheet of Ihe chanty. Nature ol busing5$.' Pfovlslon ol payfoll and support services. Summa of Iradin results.. 31103124 31103123 Number Numbor Turnov8f Total Expendlluro Taxallon 434,664 372,432 178 375,188 308,421 776 62,410 70.S46 67.543 48.798 Donalion lo parenl charity (Pald in Year) 8,138 18,745 ol assets and liabil Assets 229,227 37,862 250,198 50,697 191,365 199,501 16 D¢btors GROUP 2024 CHARIIY 2024 2023 (Restatèdl 2023 IR¢staledl Trade debtors Other debtors Prepayments and accrued income 148.305 102,081 27.183 271.116 31,923 14,055 148.902 1,288 18,925 270,473 196 6.361 277,569 317,094 169,115 277.030 COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Crodltor5 GROUP 2024 CHARITY 2024 2023 IRèstatedl 2023 (Rgstalodl Nol Other laxallon and soclal secuflty Deferred Income Trade creditors Accrua15 and deferred Income 38,257 331,387 90.114 38.693 59,290 436.677 27,543 58,629 12.856 331,387 90.114 26,140 12,421 438.677 26,608 56,177 19 496,451 582.139 460,497 531,881 0ofgTf•d In¢omg GROUP 2024 CHARITY 2024 2023 IR•stalodl 2023 IR•¥latodl Other defèfred kncome 331.387 436,677 331.387 436,677 Deferredincome is Included In the finoncialsl8lemenls as lollows.. GROUP 2024 CFIARITY 2024 2023 IR•stalad) 2023 IR•stat•dl erre slnc wllhl Current Iiabllllies 331,387 438.677 331.387 436,677 veme Delerred Income al 1 Aprll 2023 Released from prevlous periods Resources delerred in the year 8ar.' 436,677 321,565 216.275 127.488 309,211 436.677 321,S65 216,275 127,466 305,211 331,387 436,677 331,387 436,677 19 Retlromont bgnollt $ch•mg5 2Q24 2023 {Rpstalèd} Delln*d Contributlon $ch•mes Charge lo prof51 or loss in respecl ol deT&ned contfibulion schemes 35.073 29.926 The charity Dperales a delN)ed ¢onlilbution penslon scheme lor all qual1fyin9 enwloyaes. The assets ol lh8 schBme are held separately from those of the charity in an independently adminisleTed fund -27- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEPJIENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restricted funds The reslricled fund5 of Iha charty comprise the unexpendod balances of donation$ and granis held on Iiusl sublè¢l lo gpeciflc ¢ondilions by donor5 as lo how they may bp used At 1 Aprll 2023 Incomlng Resources Resources pxpended Transfers At 31 March 2024 Blg Loll8ry Fund- HALE 8radford 8efriendlng NelMo Biadlofd CCG Day Opportunilies DVSA I INFO Heallhwal¢h 1,429 451 1.428 451 300 1.917 3,646 126,383 42.323 990 1.917 11,635 211.600 1,217 3,100 161,453 12,181 176,530 17,918 25,622 990 KiGkslart HPOC VCSE SIP voso Compulor Class Young Live$ Bradlofd Advice No￿Ork Shaplng Ihtr Future Olher 221.684 854.983 105 221.684 879.075 82 2.077 380 61.237 1.874 8.577 1,851 2,077 1,969 28,568 1.s89 48.389 34,500 74.453 27,676 14,970 74,453 20,713 19,530 233,711 1.458,567 1.384.950 31,886 275,442 Prevlous year: At 1 Aprll 2022 lftcomlng Resourc•8 R•sources •xpend?d Transf•rs At 31 March 2023 Bly Lollery Fund - HALE Bradford Bofriending Neiwork Bradford CCG Oay Opportunilitr$ OVSA I INFO Heallhwalch 1.677 302 300 19.668 51 19,916 200 1,429 451 300 1,917 3,646 126.383 42.323 990 2.084 28,7S2 98,880 42,323 167 66.000 204,139 35,602 176,636 Kickslart RIGS VCSE voso WT VCSE Infra & Rep Work Young Lives 8radford 60.688 556.4n 34,701 505,976 1.874 26.187 740 51,237 1,874 10,000 1,5B9 10.000 50 1.539 119.290 917.219 776.611 26.187 233,711 28- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINAhlCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 io Rgslrlctsd lunds Icontinuèdl ds.. 19 Lottery .. E6. Bbj Loliqry p[0￿¢t women and g5rts oper•thq KE*h￿¥￿01d. Blg Loitvry Fund .. HALE- Shipliy Atea Llnks BefrfeDdln9 •ndAdvoraGyproiecl Day¢ar0- CounGd grant lo day care sBrvlce5 ui 8￿￿1•Y Day Opportu#llhg- Day care seroic¢$ lor otderpeopl¢ kn B￿￿18Y DFffl•nllll Frlondly Kelghl•y- We employ 5UPPOrt Ihp stslfof DFK beh4Kolo mJnagemenl¢ommlttè•. Tthva piojvcl ¥14 dev6lop and btcomo Indepertdenl in fvlUI•. HÈdlLhwat¢h- Counrq conlracllo run H••lthwatth. 3 slalulorydutyol th¢ CoMdio&0knr Ilkley- Incotno by a b$nelaclof lo I￿lEY OffKe kn Ihe bgnefil ol kne IlklÈyward INFO- Ourlnlorrn8llon set¥￿e p[ov￿n9 newsltrtt¢is and sotk31mÈ￿a upd•tes ￿ th• $xlor: thi$18•mxlso m•naqe5 ouronlm• da18bè5¢ wThl¢h drives S•WEial Other￿￿bsrtos1pOrt•ts loi lh* loulVC5 and c4MmunI￿8. VOSO- Monies from Imo BISON qfinl Yotypg LIV•5 8r•JfO￿. CounEIl uranllo pm¥hh 1*pr￿n1￿￿on I¢￿1￿ sfifa b#tw•¢n fu Transfèrs fundts ¢apiesoni mDwm¢r¢l oly&41 •hd b•lanc•s relalkng 10 pro￿￿4 aDd ble doslno balan¢¢s hiv¢ beEn a￿1¢ed ￿1th th• frJnder lobe ullksed by thÈ chariw Dn allernal￿&p￿IeeiB. 21 SJnr4strltt•d lund4 Tb6 uni¢slFl¢led ol th8 ch•rfty compdsq th• unvxpend¢d bthnc45 ol donll'ong and grarrts *l*Eh ar¢ not Aublgcl t spo¢Mc CDndIt￿ni by donurs and 9￿￿1¢[* ia ￿ ttow ￿tY may be us•d. Trrtse knc*Jd* d•swoi*d funds whKb havè b•en J•1 •55dp oul ol unr•31fklod furtds bylh• Iiu8loe•foi SP•e*k purpos1¥. CHARirY'. Al l Aprll 2023 Intomlng 11•sour¢•¥ R•Jour¢•• •xpind•d Trnnif•rJ At31 Il•r¢h 2024 Unro*trfct•d lundA'. rallord CCC COBI olLlvlno INFO ISnkk•ll 332,110 441.667 12.836 7>03 3B2205 1.630 21.047 S,987 1,61J 402,619 17.173 9,1 ie D•*lgn4t•d fund.. 124,13 3r*.¥zo zfj.000 219,185 ¥0.634 124.136 30,717 6.St4) 236.821 13,893 103 Keighhy Landmart ktou$ Devébpment R4dundanc¥ 19.500 19.SOD 31$9 1,864 PMp•rty R•vilu4tlon furtd.. C•nlral 2TS,OC 275.W> 1,087.884 462.006 395.802 31.886 1,185.975 Al 1 Aprll 202> IAcomlng R•soutC45 Trnnsl•r* At J1 M•r¢h 2024 GROUP.. •xptnd• Unr¢slrl¢t•d fundA'. Oradford GCG Caslol INFO ISn5cXell 21.Q47 5,967 1.613 593.977 17.173 9.110 531,606 799.996 12.836 I￿03 7SB,672 1.620 O•slgnilqd lund.. Buil￿￿￿ I Ck¥sur¢ Cos1$ Kelgh5By Landffta￿ Hous Devekjpmenl Redundaney 124.136 11.217 26,1100 ?36,B21 B3,H93 124.126 11.320 45.5QO 215.185 80.634 103 1D,S00 19.500 3,259 t￿4 piopErty R•valuitivn lund- Central Ha Z75.000 275N%kl 1,287.381 B2O.J35 76Z.269 31.6B6 1,377.394 COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Unrestrlctèd funds Iconllnued) Prevlous year- CHARITY At 1 Aprll 2022 Incomlng Resources Re50ur¢es gxpended Transfers At 31 March 2023 Unrestrlcted lunds.. Bradford CCG 381.738 404.321 480,136 28,187 332.110 Designated fund: Bullding I Closurè Costs Keighley Landmark House D8velopm8nl Redundancy 124,136 11.320 45,500 219.185 80.634 124,136 11,320 45,500 219.185 80.634 Property Revaluatlon fund.. Central Hall 275.fy)0 275,000 1.137,513 404,321 480,136 28,187 1,087,885 Provlous year- GROUP At 1 Aprll 2022 In¢omlng Resources Resourcos exponded Tran5fors At 31 Mar¢h 2023 Unrg¥trlctgd funds: Bradlord CCG 582,496 729.608 788,685 26.187 531.608 D•slgnatqd fund: Bulkjlng I Closure Cost$ Keighley Landmark House Development Redundartcy 124.136 11.320 45,500 219,185 80,634 124,136 11,320 45,500 219,185 80,834 Proporty Revaluatlon fund: Central Hall 275.000 275,000 1,318,271 729,608 786.685 26.187 1,287.381 Descrl tlon ol unds Unrestrictèd fund . Bradford - Geneial funds brought forward from the Bradford CVS accoynls Designated fund , BuildinglC105uie Costs - Fund lo covef 6-monlh closure and building CD51s Designated fund . K8lghley- Fund lo earmark funds to be spent on Ke￿hleY aclivilies Designated fund . Landmark House - F￿nd lo earmaik the lease Commitment held by Ihe charity in relation lo Landmark House, the premise5 used by Bradlord Community Payroll Ltd Deslgnatod fund ,. Dèvelopment Fund - Fund lo support the CAB&D activities and inilialives in the future Designated fund .' Redundancy- Fund lo cover redundancy costs as al the year end Property Revaluatlon fund- Relates lo revalualion reserve for Central Hall, Keighley 30- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 22 Analy$ls of net assets betwefrn funds Unrastrlctod funds 2024 Rastrlclod fund3 2024 Total 2024 At 31 M•rch 2024: Tangible as5e15 Current assets I liabllilles 296.160 1.081.174 296.180 1.356,616 27S.442 1.377,334 275,442 1,6S2,776 Unrgjtilctod lund4 2024 Rostrlctod lunds 2024 Totsl 2024 At 31 March 2023 Tanglble as5els Curf8nl assets I Iliabillliesl 298.171 989.210 298,171 1,222,921 233,711 1,287,381 233,711 1.521,092 23 Oporallng lea¥• commltm•nt¥ 2024 2022 IRo$tat4dl Wilhln one year Betsv88n 8nd fve years In over five years 22,401 10.017 81 35,401 27,867 82 32.499 63,350 24 Contlngenl Ilèbll7tl• Ttte charity. as the SO￿ membei ol Ils Ifadino subsidlary, Bradloid Communlty Payroll and Accounts Ltd. und8rtak&s lo conlrbbule to the assets of the limiled company. in the event ol Iha company being wovld up eilher whSlst il Is a member or wllhin one year aller 11 cease$ lo be 8 member. for payrnenl ol the debts and liabililies of the Gompany conlracled before 11 ceases lo be a member such amount as rnay be r￿uIred nol exceeding £1. The chgrlly has been ￿qUired lo undèlwrile a guarantee lor tho Irading subsidiary In relallon lo Ils banklno relalionshlp with Unity Tiusl. Ihls guaranteg relates lo Ihe level of rnoney processing by Ihe cofftpany. 31- COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 25 Cash genoratod Irom oporatlons 2024 2023 {R•statodl Surplus for Ihe year 131.684 83,531 Adjuslmenls for.. Inve81menl Income recognised in Slalemenl ol financial aclwilies Depreclallon and impairment of langible frAed assels 15.199 10.199 6,263 12,171 Movements in working caprtal.. Decreasellincreasel in debtors Increase in ¢redilors 39.525 85,868 132,564 332,183 Cash 9on•rAt•d from op•ratlons 80.343 289,058 Analysls ol Changes In net fundB The chaflty had no malerial debl dunThJ Ihe year. 20 Prlor y94r Bd5ustmqnt A prior year adjuslmenl has been made lo iecognise the revaluation of Ihe leasehold prope￿ al Cenlral Hall, Keighley. This adjuslmenl revalues the propety on a leasehold basis and amends fixed assèt values and broughl forward unreslrioled lund$. -32-