Charity registration number 1090036 (England and Wale5) Company registration number 04283003 COMMUNITY ACTION BRADFORD & DISTRICT LTD ANNUAL REPORT AND CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
COMMUNITY ACTION BRADFORD & DISTRICT LTD LEGAL AND ADMINISTRATIVE INFORMATION Trustees M T Gerdes M P Nicholson R D Templar K J Wyall R Phaguray {Appoinled 12 November 2025) (Appointed 12 Nov6mb6r 2025) A Slétjo Secretary S J Nevlson Senior managèmènt S J N8vison (Chief Executive) Charlty numb8r 1090036 Company numb•r 04283003 R6glstorod offic8 Cardlgan House Ferncliffe Road Bingl8y W8sI Yorkshire BD16 2TA Audltor BK Plus Audlt Llmlted 52 St John5 Lane Halllax West Yorkshlre England HX128W Bankers CAF Bank 25 King8 Hill Avenue Kings Hlll Wesl Malllng Kenl ME19 4JQ
COMMUNITY ACTION BRADFORD & DISTRICT LTD CONTENTS Paue Trustees, port SlatemeT>I of trustees, r6sponslbilili8S Independent audltor's report 10-13 Consolidaled Sla18ment of Ilnanclal aclivlli8S 14 Group and Charlty Balance 8heet 15 Con$olldat8d Slatemenl of cash flows 16 Noles lo tho consolid81ed financlal s181emenls 17-33
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees who are also directors of the charity for the PUTPOSÉS of the Companies Act 2006, present Ihglr repori with th@ financlal 5talemenls of th6 charity for the year ended 31st March 2025. The Ifustees h&ve adopted the provisions of Accounling and Reporting by Charities= Slat8menl of Recommended Praclice appllcable to chaTilies pieparlng Ihelr a¢counls In accordance wlth the Financial Reportlng Slandard applicable in tha UK and Republic of Ireland (FRS 102) (effective 1 January 2015). The trustees ar8 pleased to pr8senl their annual Teport and accounts for Ihe y6ar 8nd8d 3181 March 2025. Thé Board of Tslee8 are s81i5fi&d wllh the performancè of th8 ch8rlly durlng the year and th8 poslllon at 31 st March 2025 and conslder Ihal Ihe charily is In a slrong posltion lo continu8 Ils aclivi118s during the Gomlng year, and Ihat lh8 charity's assels are ad8qv8te lo fvlfil Ils obllgalions. Objectlves and actlvltles A summary of the oblecls of Communlly Action Bradford & Distrlct ('Community Action,) 88 set out In Its governlng document are; "To promote any charilable purposes for th8 benefit of the publlc, princlpally bul not exclusively In the local government area of Cily of BradfoTd M8tropolllan Dlstrfct and the surroundlng area and. In particular, build lh8 capacity af thlrd sector organlsalions and provide Ih9m with the n8ce5sary support, informalion and servlces to enabl8 Ihgm to pur8ue oy contribute lo any charitable purpose; lo promote, organlse and f8cllllale co-operation and partnership worklng be166n third sector, slalutory and other re18vant bodies In the achlev8m8nl of th8 above purposes wllhln the area of ben8fl1." The almB, oble¢llv86 and actlvilles of the charfty are revlewed annually, and achi8v8m8nl$ 8ssgssed. When r8vi8wlng th8 aims and objaclives of the charlly, In planning future actlvltle5, Ihe Iruslees have cornplled wllh th8 duty In 88clion 4 of Ihe Charitles Act 2011 lo have due regards to publi¢ benefit guidance publlshed by the Commisslon. Public benefit We have referred to Ihe guidance conlalned in Ihe Charity Commlsslon's gengral guldance on publlo b8nefil whan reviewing our aim and objecllves and In planning our futur8 aclivllies. In particu18r, the trustags conslder how planned acllvltleE wlll contribute lo (he alms and objectives Ihey have sel.
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achlevements and performanco Significgnl actlvilles and 8chiev8m8nls agalnsl otyectivos Our work covers Several different areas and we are pleased lo provida a summary of key achievemenlsl dellverables for a numbar of our areas, funded through Clty of Bradford Metropolitan Disl(Icl Council ICBMDC} 8nd Bradford Dislrlcl and Craven IC8 grants and conlracis including Ihe Voluntary, Community and Socia5 Enterprise (VCSE) Suppori and Improvement Programm8 (SIPI, Aclivalion Contract and olhar grants and eam8d income. VCSE Support and Improvement Prograrnme: In January 2024 wa were informed by City of Bradford Metropolllan Dlslrlcl Council that Iliey w&re proposlng lo cul the VCSE SIP by £460.000 p8r annum, 6ff6clively removing th8 Department of Place conlribulion. Communily Actlon Bradford & Dislricl (Communily Acllon) undertoDk a thorough budget consullalion Impact as6essment and submi118d this to Ihe councll. However, this cul was approved by th9 full council on 7th March 2024. Therefore this contract only ran for Ihe first 12 weeks of Ihe financial year, in line wilh a contract terminallon notice. This ambitious progT8mm8 slarted in April 2022 wilh Community Actlon leadlng VCSE seclor support. The breakdown of th8 dellvery of Ihe VCSE SIP are as follows.. Capaclty Bulldlng.. led by Community Acllon and dellvered In p8rtn8rshlp wllh Partlcipate Prol8cI8 who sp8ciallso n 50clal enteIlse support and developm8nl and with WYCAS a$ a sub-conlraclor covering financlal organlsatlon dgvelopm8nl aclivi1186. Voluntèerlng.. led by Communlly Actlon 8nd delivered In partnershlp with Participate Prolects twho speclallse In buslne88 volunt8erlng Infonnatlon and Inslght.. sol8ly dellvered by Community Acllon Voice and Influenco'.16d by Communlty Acllon In partnershlp wllh The VCS Alllance citlzen'$ Engagement.. led by HALE with sub.conlractors al CNel, Keigh16y Healthy Livlng and Brodford Talklng Medla. This work has c108e Ilnks lo the VolGe and Infiuance Lot. Our b8neficlades have Seen Ihal we hav8 been able to build on the prevlous servlce delivery of eaoh of tha indlvidual organlsatlons In tha pArtn8rshlp. By collaboratlng log8lher, we w8r8 able lo provide a more joined up SBrvlce, Inoreaslng lh8 quallty of our work and reducing duplication. We T8main worklng In a hybrid manner l.e. wilhoul thg need for a large office base and the team have become more agi18 and flexible In Ihelr approaoh. agaln a benefit to our beneficiaries. Slart for Life Famlly Hubs {vla VCSE SIP) Despite the cul to Iha Departmenl ol Place budget. th8 conlracl for the Start for Life and Famlly Hubs work In the dlstricl remained and was r8commisslorsed under a r6vIs8d conlracl. Due to changes of leqdershlp at HALE, from AprS12024 thi8 work was led by Comrnunlty Action alone. The work was d8liv&red throuqh a co-ordinator (sub- conlracled to a fronlllno VCSE organisation) and, P8ar Support and Volunteering Dev8lopment Officer (based wilh Community AGtlon). This work conllnued until March 31st 2025. Due lo further slgnificanl changes lo the budget for 2025128, Community A¢lion did not agree lo conlinue this contract and the Work wa5 lakgn In-house by CBMDC leading to Ihe loss of the hyo roles descrlb8d above. Actlvation Contract From 1s1 July 2025, the sector support conlracl was commissioned by Bradford Dlstrict and Crav8n ICB. The18ad partner for the r)ew contract b6cam8 The VCS Alliance with Community Action focusslng our work on capacity buildlng aclivllies in partnership wllh Participate ProJ6cIs. Thls conlracl provided a new seNice targeted at a prescribed Ilst of commis51on8d organSsalions delivering children or heallh and soclal care granlslcontracts. 73 organisellons wer8 screened. The $8NiGe includes an organlsalional review {diagnoslic). a development plan and Ihon support (either from the staff team or vla a consultancy budgot). The contracl's restriclions only allowed this intensiv6 work wilh 40 organisalions wlth only 15 receiving a oonsult8ncy budget.
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 This work was delivered In partnershlp wllh Partlcipat8 Proje¢ls' Community Acllon led Ihe work wllh cherilies and Partlclpate Prolocls worked wilh social onl6rpris8s and provided some corporala volunteering opportunilles. Of the original 73 Ofganisations, Community Aclion work8d wllh 43. We also relalned some funding to support Briefing Bradford, our weekly newsle(t&r. Communlty Action were also able lo draw down some consultancy WOTk from the conlracl, rnostly largelad al marketlng and communicdtions. Under this parl of lh6 contra¢l, we supportod 9 of the 15 who allocated consultaney funds, Through the year, we have proved that the servl¢g works and during March 2025, il was conflrmed that the contract would be 8xlended for a furlher yeAr wilh fulure years dependent on 8nnounc8menls from NHS England and th8 Department of H6allh regardlng wholesale resliu¢lui8s and ongoing budgets. Movlng into the next year of th8 programme, we will ke8p the dellv8ry Ihe same. introduce a rolling Iralning programme and Idenllfy the prlority groups ours8lve8 Talhor than only working wllh those wllh current gTanlsl contracts froTll Ihe fund&rs. W8 have also delivered Ih8se major pleces of WOTk'. Leaders, Network - w8 launched a Leaders. Neork lo support all leadérs of VCSE organisatlons In the Clly ol Bradford Melropolllan Dlslrfcl. It has an active What5App group and mo8tS 8v8ry other month for neforkIng and informallon 8harln9 OPPOrtunilies. The overall oblecilv8 of Ihe neork Is to provide o space for leader5 10 $8ek peer.support. share good practice and collaborala. HealthwatGh Bradford and Dlstrlct - an ind8pendent heallhc8r8 oonsum8r champion. More Inform8tlon Includlng Ihe annual r8porl for Heallhwalch Can be found at www.h8811hwatchbradford.co.uk Following the growlh during 2023124 the new manager has mainlaln&d Ihe repulalion ol Heallhwatch and it builds further in réach and achievem8n18. The d8clslon taken to 'floal off Heallhwalch as an independonl enttY made In 2022123 was inilialgd over 2024125. Followng their successful registration as an Independent charlly In mld-February, on 3181 March 2025, w8 severed ties wllh Heallhwatch. We TUPE'd Ihe full le8m info the new charily and r8leased accrued funds lo them lor thgli reserves, We wish them every succe$8 In Ihelr new lormat. Ilkloy Offlco - our furthesl outreach wllh a big heart. A focal poinl of th8 community, our Ilkl6y offic8 was managed by one person and run by a volunteer worf(force. We continued lo use the legacy Irom the Maur8en Wllson Eslale lo enable Ihls offl08 to OP8rale. From D&cemb&r 2022, we Iransferred th8 office leas6 to Ilkley Communlly Transport and slnc8 then we are now a tenanl in Ihls office. Our staff capacity for Ihls offic8 was reduced to one day a waek 10 ensure we could use the legacy for as long as possibl8. Whilst we have fund5 for 2025126. we wlll havg to r8vlew thls outpost In tha last quarter of the 2025126 flnanclal year as th8 legacy wlll be exhausted in Aprll 2026. Shaplng the Fulure In Volunteering - working with 8 group of 26 national charltles WB have contlnu8d to d6v8lop Inltlalivgs lo help Ihern with the diverslficallon of thelr volunlooTing base. Following the Initial engag6mont piece ol work, we have since dollvergd a volunteering fair and undertaken a 'dBep dlve, plec6 of research ir510 the baTrieTS for three specific demographics. This work will come lo an ended In June 2025 when tho funding ceases. Cost of Llvlng support - we were commissioned by CBMDC to dellver ars online booklel and an accompanylng website lo support peopl8 wllh cost of livlng issue5. This work was delivered throughout 2024125 and Ihe websile has been maintained throughDUt the year. Incom8 ener Following the reducllon In our main conlract. we qulckly mobllisgd lo dellver bespoke WOTk on a consull8ncy bas18. We havo dellvered a nurnber of hlgh qualily impact reports, markaling slralegies and communicallon plans fof groups. In Septembgr 2024 we were awarded the contract for a substantial plece of Work for Bet(er Start Bradford supporting their legacy work. This initially Involved Iwo phases-. stakeholder engagement and recommendations for 18gacy work, We spoke to over 186 people and devèloped a thorough optlons appralsal. Four op1ions were then taken lo an engagement event to develop action plans.
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Thls has led to a further phase that will contlnue inlo Ihe autumn of 2025. In Ihis phase we aT8 SUPPOrtlng bid wiSllng, provldlng Soclal Venture Schools in partngrship with Participatè and d8veloping an Innovation Partnership. Other income generation has been bomè through Snick8t, ourjobs site. Thls went on the back burner in 2024 when Ihe staff m8mb8r who launched it left for employment elsèwhor8. They returned in 2025 and have r8invigor8t8d the slle and Irafflc through it, Increasing the income considerably. Part of our work through 20251261$ lo ensure other members of the team are able to deliver Ihls SeICe, reduclng dependence on one sing18 Staff rnember. Our Impact Courses on: fundlng Safeguatdlng Volunreei'lng Ciovernance Regisieri17g o Ihtsi"lty 146 ¢nèf¢lbo(s 10/0 Goodfor nerworklng, . olloborailons ond.sharfng'.. Development offi support Our support. is spread across all wards 1159 rlL)v_rs se£lOI jobj advertlsed . on wvrtij,snicI,'Èr.oig"
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 ortin our 8ervlc8 delive Wa acknowledge the work of our finance team, HR and admlh Staff for Ihelr part In our achl8vem8nt of this work. W8 thank them all for Iheir hard work. Central Hall conllnues to show a surplus Ihal we ara r8invesllng into the fabric of the buildlng. Our tenantablo spaces. r8main full and Ihe use of the olher rooms is steady over ihe year. Brodford Cornmunlty Payroll and Accounts Ltd. ICPA) activity conllnues lo grow followlng Ihe further investment i tha staff18am wllhln our Iradlng atin. The jolnt finance manager role. worklng across both organlsations lo support bolh enlilles wlth back-office funcllons, conlinued Ihroughoul 2024125. Thg 05recloTS of CPA signed off a revlewed l)uslness plan for the Ofganisalion during 2024 wllh the staff of CPA belng able to draw down p8rformanc8-relat8d rewards on successful compl8tlon of key pèrformanc8 Indicators. We are very proud of our partnershlp work both wilhin and outslde of Bradford., our k8y worf( include8: NAVCA.. Our CEO remalns activ8 in the network of CEOS that SUPPDrt each other Ihrough COIN. We completed our LIQA award in 2024 and continue10 6UPPOrt NAVCA to develop Ihls further. West Yorkghlre ISO3: In Janu8ry 2024 the five dlslri¢l- ba68d Inlraslruclure support organlsatlons (Bradford, Calderd8le, Kirtl86s, Loeds, Wakefield) mad8 a commitment lo look at loinl working at a Wesl Yorkshlre level, NAVCA supported th& partners through 2024125 to undersland the ben8fils of worklng morg 0108ely logether. Ihrough Ihls we jolntly sgcured 8 We81 Yorkshlre conlracl lo dellv8r Sport for Good, supported by Partlclpale Projects and Primrose Consultancy (providing additlonal exp8rii58 around soclal enlerprise 8nd equallly and inclusion) whl¢h wlll Nn through lo September 2025. On the back of a successful lender, th8 group have d8clded lo look al loint tradlng opportunltlés and will begin Ihls journey In the summer of 2025. The CEOS have also developed Ihelr own paer 5UPPOrt group whlch 8nab186 close worklng relallon$hlp8. Furthèmiore the group has enga98d with West Yorkshlr8 Combin8d Aulhoilty and IB worklng closely wllh them to develop a VCSE Advocacy Group Ihal wlll be launched in the autumn of 2025. Alongslde Ihl8 work the group meet8 monlhly wllh WYCA staff to discuss Joint Issues and find solutions. Group Flnanclal revlaw Th8 financlal slalemenls are set out on pages 14 to 33. The financial slalements have been prepared Impl8m8nllng Ihe 2015 Slaternenl ol Recommanded PraclSc8 for Accounling and R8PDrllng by Chaiilies Issued by lh8 Charity Commisslon for England and Wales. The Trust889 have taken acllon, because of their concerns about the Inadequate levels of reserves, lo better ensur8 that our flnancial performance will improve and be s81isfactory golng foNard. Tho Consolldaled Stalemenl ol Finan¢lal Aclivi118s shows total incoming resources of £1,351,648 (2024,. £2,278.902) and a lolal resource oxpended 01 £1.429,19912024.' £2.147,395) b81ng a net movement of funds of £77.551 deficil12024.. £131,606 surplus). The 10181 reserv8s al the year and ara £1,574,824 (2024.. £1,652,776). Unreslricted res8rv89 al Ihe year end are £1,557,fj53, <2024.. £1,316,824) and re51rlcted funds are £17,171 {2024.' £275,441).
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Res8lV8s policy The Tiustees consider that th&y should review Ihe level of reserves held by lh8 group at regular intervals. The charlly's unreslrlcted fr86 r858rves, which have not been designaled for a specific use and do not r81at8 to unrestricted free reserves, stood al £737,829 (2024: £448.409). Total Res8rve8 Restricted funds Designated funds Revaluation fund 1.657.653 117,171) 1563,0261 (272,780 Unrastrlcled fr88 res8Tve5 737,829 The Trustees f881 that re58rvÈs should equate to approximal81y six months unreslrlcled running costs, currently £228,925, to ensur& thal adequat& funds are available lo allow conlinued furtherance of Ihe objec16 of the charity In the èv8nt of lemporary shortfall of Incoming resources, whilst alternate funds are sought. Th8 Trustees belleve that holdlng adequate funds to cover slx months op8r811ng costs would 811ow for an orderly wlndlng up of the orggnisallon and would also enabla the organisalion lo b8 ablè to me81 obllgallons towards starf and credllors In the evenl of ther8 b8lng no possibllily of securlng altern811v8 longar.18rm fundlng. Wè aim lo use surplus res8rve8 In ways that meet our charitable objecllves. Th8 trustees de81gnaled Ihe followlng funds as at 3110312025. Funds Organlsatlon C106ure cost8 124,188 Redundancy Conllgency 62,072 Cenlral Hall Malnlenance 24.184 D8v¥lopmenl Fund 352,582 563,026 Major risks A rlsk r8vlew conlinues lo bè an on-go5ng aspecl of all projecl planning. monitoring and quallty assur8n¢e. Many aspects of risk management, such aulhorisalion, monitoring, and reportlng, slaff vettln9 and appralsal, safety procedur68 for s14ff, property and Clients. and adequate insurance covor, are ernbedded In our pollcie8 and operating procedures, We revlewed our full risk register during Ihe yeBr with all staff and Iruslees having eontribuled lo it. This will help to Inform our sub-commlttee work In the coming monlhs and yeaT8. Plans lor futur• porlod5 We arg cornmitted lo conlinuing th8 devBlopm8nt of our Lonsullancy serylc8s bolh as a stand-alDne organlsalion and in partnershlp wilh Wesl Yorkshira colleague5. To further th8 work with our West Yorkshire colleagues, we agre8d In1818 January 2025 lo all Invest in further facllitaled work. A18ndgr w8s published and Particlpale Prolects and their assoclale5 wlll dellver this work. We have a healthy reserves posltlon both wilhin unrestrlcted and de8ignaled funds and will ba resourcing some extra capaclty in Ihe team lo deliver work directly lo our beneficlarie5. W8 Were also aware in January 2025 Ihal Ihe gift from our trading aTffl was golng to b8 significant and some of Ihis incomo will bè used to directly support the sector throughout 2025126.
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 stTuclure, governance and management Cotnmunily Action is a registered charity Gonstiluled as a company limited by guarante8 and is govemad by Its Memorandum and Arlicles of Association. The members of the rn8nagement committee. who are also the directors for the purpose of company law, who served during the year ar& shown on page 7. The Irust60s, who ar8 also the dlr8clors for the purpose of company law. and who seNed durlng the y8ar and up lo Ihe date of signature of the financial stalem8nls w8re'. D O Amusan.FagboTun E Anand P M Essler M T Gerd88 M P NScholson R D Templar KJWyatt S Douglas R Phagurey A Sleilo (Resigned 12 Nov8mb8r20251 {Resigned 8 April 2025) (Resigned 9 July 2025) (Resigned 6 August 20261 {Appolnt8d 12 November 2025) {Appolnled 12 November 2025} Reorullm8nt and appolnfment ofirusle8s The tTuslees are conscious of the need to ensure that Ihey havg an approprlat& range of skllls lo manage the charlly, and th& need lo ensure a Board whlch is r8pr8s8nlative of th8 range of groups within Ihe m9mbership of the or9anlsallon. To Ihls end, Ihg Board audits their skills on an annual basis to have a c16ar idea of their Irainlng needs. Recrultment of trustees Is a democratic process, the Iruslèes issue task d8scriplions to polgnllal candlda18S to ensure they have a clear Idea of the Tequlrèmenls of the role. The Iruslees also soek lo co.opl new tru81e&s lo slrength8n Ihe Board In areas of p8rceived weakness. N8w Iru8tees received inducllon files of g8n8r81 Informallon, Including sliu¢lur8s, budgéts, sl8ff rdes and pollcles. They are also provided with 8 sel of Ihe governlng docum&nt8 of both Communlty Acllon and our trading arm. CPA. All new rnembers me8t with the Chlef Executlv8 Officer and $8nior staff as part of Ihelr Induction lo galn further underslanding of the organisotlon and ils purposo. Throughout the year senior stBff are invlted to Board meetings to update Trust88s on thelr aTea(s) of work. After Ihe 2024125 year end, three of our trusl8es resigned, due Io p8rsonal commilm8nls. The Board of TnJst8es Started an Immediate recruilmenl drive and socurad two new tTuslees appointed In November 2025, followlng full inductlon and anolher potential new Iruslee, If Ihey accept wlll be appolnled in January 2D26. As a Board we are comrnltted to en5urlng that OLrr whole organisalion 15 refle¢llve of the communilies w8 soNe. Our commllmenl lo EDI rgmains and continue lo Check our progress and developm8nt In Ihe dlver81flcatlon of our organisation, All trustees glve their Ilm6 voluntarily. Durin9 the year expenses w8rg reimbursod of £nil {202312024.. NIII.
COMMUNITY ACTION BRADFORD & DISTRICT LTD TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Organisallonal slnJctur6 The charity is organlsed so that lh8 Irustè8s met regularly lo managa its affalrs., our sub-commltlees meet when requlred lo meet the needs ol the organisalion and we run our Board meellngs bi-monthly. Th8se romain moslly online wilhin the paramelers of governing document. Day-to-day manag8menl is undertaken by th8 Chief Executive Officer ICEO). The CEO Is difeclly accountable lo th6 Chair 8nd collectively to Ihe wlder board of InJsteBs. The or9anisalion is divlded inlo speclalist d8partments or leams. Each team is, in turn, managed by a manager. who Is accountabl8 lo the CEO. On@ of our direclors are also director of CPA and our CEO lake5 a second s8at at CPA Board. Cornmunlty Actlon remalns cornmltted to thè improvement and dev8lopmenl of sound personnel management structures and as such during th8 year ensured Tegular managerfs meglings across Ihe organisallon, ongolny supeNision ind conllnued annual appraisals for all staff. As we now operate from various v8nue$ and working r8molely from home, we lry to ensure that slaff are ngtworked and infoTmed of 8ach olherfs aclivilies. Our inl8mal newsletter which Is usèd by all staff lo communlcate Inl8rnal changes and news remain8 popular wilh lh8 staff. R8latlonshlp wilh r618led partles Communlty Actlon is Involved In a number of partnershlps In order to fulfll Ihe oblgclives prevlously menlionad In thls report, Community Actlon Is also the sol8 member of Bradford Communlty Payroll and Accoun18 Ltd. (Company number 03038813) and, In consequence, appoints the directors of that company. Auditor During the flnancial y8ar, the ¢harily opérated a ¢ompelillve lender procès6 and BK Plus Audlt LSm11&d wer reappointed as auditor of the charitabl8 company for Ihree y88r$. commenclng 31 March 2025. Olsclosur8 of Information to audltor Each of tho Iruslees has conflrmed Ihal th8r816 no Information of whlch they ar8 aware whlch Is relevant lo Ihe audll, bul of whlch (he auditor Is unaware. They have further confimied Ihal Ihey have taken appropri8t8 sleps to Idenlify such relevanl Infomiation and lo establish that the auditor is awai6 of such inlormatlon. The Iruste85' feport was approved by the Board of Trustees. M T Gerdes Trustee Date: ..
COMMUNITY ACTION BRADFORD & DISTRICT LTD STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who ar6 also the dlreclors of Communily Action Br8dford & Dislricl Ltd for the purpose of company law, are rasponsible fof preparing the Trusleas, Report and Ihe financial slalements in accordance wilh appllcabl6 law and Unlted Kingdom Accounting Slandards (United Klngdom G8n&rally Acc8pled AccounlSng Practice). Company law requlfes Ihe tTusl8es lo prepere financial statement5 for 8ach finanG181 year which give a tru6 and falr V16w of the slate of affairs of the charity and of lh8 incoming resources and appllcallon of reÈourc&s, Includlng the Income and èxp6nditur8, of the charllable company for that y8ar. In prep8ring these flnarÉclal statemenls. tho Injslees are required to: select sullablè accounllng polici8s and Ihen apply thern consisl8nlly., obsaNe the methods and principles In Iho Charilies SORP. mak6 ludggments and esllmates that are reasonablo and prudènt- slate whether applScable UK Accounting Standards have been followgd. subject lo any materlal departures dlsclosed and explalned in the financial slalemenls., and prapare the flnancial 81alements on the golng concern basls unless It Is Inappropriate to presume that the charSty wlll continue in operatlon. The INslees are respon8lble for keeplng ad8quale acGountlng records that dls¢lose wllh reasonable accuracy at any Ilmg the flnanGial posllion of the charity and 6nable Ihem to ensur8 that the flnancisl slatem8nts comply with lh8 Cornpanl85 Aat 2Q06. They are also rasponsible for safeguardlng the asssls of lh8 charlly and h8nc8 for taking reasonable stepB for the prevantlon and delecllon of fraud and other Irre9ularitle$.
COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Oplnlon We have audited the financial stalemenls of Cornmunlly Action Bradford & District Ltd (the parenl 'charilable company,) and it's subsldlaries (the group) fDT th8 year endod 31 MaTch 2025 which comprls@ the consolidaled statement of financial aclivlli85, the group end company balance she8t, thg consolidated stalemenl of cash flows and notés to the financlal slat&ments, Including significant accounling policles. Th8 financial raporting framework Ihat has b8en appll6d in Iheir preparation is appllcab18 law and Uniled Klngdom Accounling Standards, including Flnanclal Reporllng Standard 102 The Flnancial Reportlng Standard appllcab18 in the UK and Republic of Ireland {Unit&iJ Klngdom Generally Acceplad Accounling Pracllce). In our oplnion, Ihe financial stat8m8nts: give a true and fair view of Ihe slate of the gfOUP and parent charllable Company's affalrs as at 31 March 2025 and or the group's incoming r8sour¢8s and applicallon of resources, Incjudlng ils income and expendilure, for the yaar then ended., have been properly pr8parad in accordance wilh Unit8d Klngdom G8nerally Accepted Accountlng Pracllce; and have been prepared in accordanc8 with the r8qulremenls of the Companl8s Act 2008. Basls for oplnlon Wo ¢onducted our audlt In 8ocord8nc8 wlth Inlern81ional Standards on Audlllng (UK) IISAS IUKI) and appllcable law. Our re6ponslbilllies under those slandards are further descrlbed in the Auditor's fosponsibililies for th8 audlt of Ihe financial statements s8cllon ol our report. We are Independenl of th8 group In accordance wllh the 8thical requireménts Ihat are relevant lo our 8udll of the financial 51alemenls in lh8 UK, Including the FRC'S Elhlcal Slandard, and we have fulfilled our olh8r elhlcal responsibilities in accordancg with Ih6se requlrem8nls. We b8llev& Ihal the audlt 8vld8nce we hav6 obla5ned18 8ufficl8nt and appropdate to provld8 a basls for our opinlon, Concluslon3 felallng to golng concern In audSllng th8 financial slalemenls, we have conclud8d that Iho trust8es' use of Ihè golng concem basls of accountlng In the preparallon of the financlal statements Is approprlalg. Based on the work w8 have perfomied, wa have not id8nllfied any materlal uncertalnlie8 rèlallng to evenls or condition8 th81, Individually or collecllvely. may cast Significant doubl on Ihe group's abS1ity lo conlinu8 as a going oncern for a p8rlod of al18asl twelve months from when th8 financial sla18ments ar8 aulhorlsed for Issue. Our responsibilities and the responslblSilles of the Irust88s wlth respe¢l lo going concern are described In the relevant secllons of Ihls rgport. Olher Informatlon The olhar InformaliDn comprfs8s the inlormalion included in the annual réport olher than the financial statemant8 and our auditor's reporl Ihereon. The Iruslees ar8 r8sponBibla for (he olher Information conlalned within the annual report. Our opinion on the financlal slatemenls dooE nol cov&r the olher information and, except lo Ihe extent otherwise explicllly staled in our report, we do not 8xpr8ss any fomi of agsurance conclusion thereon. Our r8spon8lbility is to read the other informalion and, In doing sc, considér whether the other Information is malorlally inGonslslenl with th8 finan¢ial statements or our knowledge obtained In th8 course of the audit, or olhernlse appears lo be materlally mlsslated. If we identify such material in¢onsislencies or apparent malerlal migStalem8nts, we are requiied to determine wh8lh8r this gives rise to a material misslalament In the flnanclal slalemenls Ihemselv8s. If, based on th8 work we have performed, we Gonclude thal Ihere is a material misslalern8nl of thi5 Other informallon, we are requir8d lo report that fact. We have nothin9 to report In Ihls regard. Opinlons on other matter5 prescribed by thg Companie5 Act 2006 In our opinlon, based on the work undertaken in Ihe course Df our audit.. the information glven in the IrustB85' report for the financial y8ar lor which the financial statemen18 are prepared, whicli includes the directors, report pparad for the purposes of company law, Is ¢onslstent wllh th8 financial slatem8nls', and the directors, r8POrt included within the trustee5' report haE been prepared in accordance wilh appllcab1818gal requlremenls. 10-
COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Matters on whlch we are Tequlr?d to report by exception In the light of the knowledge and understanding of Ihe gfOUP and ils 8nvironmant obtalned In Ihe course of Ihg audll, we have not Id8nllfi8d materlal misstatements In Ihe direclors, report In¢luded wllhin the Irusle8s' report. We have nolhlng to raport in respect of Ihe followlng matter5 In relation lo which the Companles Act 2006 rèqulres us lo report to you if, In our oplnlon: adequala a¢coLsnlin9 records hav6 not béen kapl, or retUTns adequale for our audll h8V8 not been received from branches not vlslled by u5; or the financlal slalemenls are not in agreement wlth Ihe accounting records and returns. OT certain disclosuras of trustees, remuneratlon spoclll8d by law aT8 not made., OT we hove not r8celved all the Inforrnalion and explanatlons w8 require for our audil., or Ihe trustees were not enlilled lo prepar8 the financial slalemenls In accordanc8 wllh the small companie5 regime dnd take advantage of the small Gompani88' exemplions in Preparing th& Iruslees, report 8nd from th8 r8qulr8rnenl lo prepare a slrateglc report. ResponBlbllltlo5 of trustegs As oxplalned more fully in the stalemgnl ol Iru81e8s' responsibililles, Ihe trusl8es, who ar8 al80 tha directors of th8 eharlty for the purpos8 of company law, are r6sponslble for thè prèparallon of the financlal slalemenls and for being sallsfied that they glve a true and lair vigw, Bnd for such inlemal conlrol as th8 Irust8es determlne Is neces8Bry Io enable th8 PTOparallon of financial slatemenls Ihat are fre8 from mal8rial misstatement, whelh8r due to fraud or error, In preparing lh& financial statemenls, Ihe Iruslees are responsib18 for a55esslng the charity's ability lo continue as a golng concern, dlscloslng, as appllcable, m8llÈrs related lo golng concern and uslng the golng con¢ern basls of gccountlng unles5 the Iruslee5 eilhvr int8nd lo liquidat& the charitable gTOUP or Io c8gSè operallons, or have no reallsll¢ altèrnative but lo do so. Auditpr's rosp¢n$lbllltles for the audlt of th• financlal slatemontg Our obl8cllves are lo obtain reasonab18 assurance about whelh8r the financlal stal8menls as a whol8 are freè from m8lerl81 mlsslat8m8nt, whether duè to fraud or error. and lo Issue an audltor's r8PDri Ihal Includas our oplnion. Reasonable assurance Is a high level of 8ssuranc8 bul Is nol a guaran18e that an audlt conducled In accordance with ISAS (UK) wlll olways delecl a material misslalement when il exlsls. Misstatemenls can arise Irom fraud or error and are Gonslderèd rn81erlal If, Indivldually or in the aggregate, they could reasonably be 8xpecled lo Snllu8ne& the economlc declslons of users taken on the basis of thesEI flnanclal slatem8nts. Thè èxtent to whlch our procedures ar8 Gapable of detecting Irr8gularllie8. Includlng fraud, Is delalled below. A further descrlpllon of our responslbllltles Is avallabl& on the Flnanclal Reportlng Counell's wab8lle al.. https:11 www.fr¢.org.ukJaudil¢rsresponslbilllies. This description forms part of Dur auditor's report. 11
COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF COMMUNITY ACTION BRADFORD & DISTRICT LTD oth8r mattor5 Our approach to Identifylng and as5esslng tho risks of material misstalemont In r6specl of Irregularlties, including fraL(d and non.compliance with laws and regulatlons, was as follows- The engagem8nl partner ensured Ihat Ihe eng8gemenl team coll8cllvely had the approprla18 compet@ncfj, capabililies and skllls to Identlfy or recognise non-compllance with applicable laws and regulations., We Identified th8 law5 and regulallons applicable to the group through dlscussions wllh directors and other management, and from our Commercial know18dg8 and experience of lh8 Industry sector; We focused on specific laws and r8gulallon5 whlch we considered may have a dir8cI meterlal effècl on the flnancial slol6menls or the operations of Ihe gfQUP, including Ihe Companles Act 2006, taxation 18glslallon and data prol8¢lion, antl-bribery, employment, envlronmenlal and health and safaly legislatlon; We 8ssessed the oxtent of compliance with Ihe laws ¥nd r89ulalions Identified above through making enqulrf8s ol man8gemÈnl and insp&cling legal corre8pondgnc8-, and Ensured laws and regulatlons were communlcaled within tha audlt leam regularly and the leam remalned alert to Inslanc8s of non.compliance Ihroughout lh6 audil. e ass8ssed the susc8Ptlblllly of th& group's financlal statements to malerial mlsslal8ment, Including obtalnlng an undeistanding of how Iraud mlght OCCUT, by.. Maklng enquldes of management as to wher8 Ih8y consldered Iher8 was a susceptiblllly lo fraud, Ihelr knowledge of actual. suspected and alleg8d fraud- Conslderlng th8 Inlemal controls in place to mitigate risks of fraud and non-compllanc8 wSth laws and regulallons., and Under61andlng the deslgn of the groups's rernuneralion pollcles. To address the rlsk of fraud through management blas and overrido of controls, we- Performed analytical procedures lo idenllfy any unusual or unexpected r818tionshlps: Tested journ81 enlries to Identlfy unusual Iransaclions Assessed whether ludg8menl8 and 8ssumpllons made in delermlnlng the accounting 851imal8s sel out in note 2 were indicallve of polantlal blas., and Invesligaled the rallonale behlnd significanl or unusual transactions. In (esponsp lo the Tisks of Irregulafilies and non-¢ompliance with laws and regulations, we deslgned procedures whlch included. bul wer8 not limlted lo: AgreBlng Ilnanclal statement dlsclosures to underlying SUPPOTling documenlation,. Reading the mlnutes of meetings of those charged wilh govemance; Enquirlng of managemenl as to actual and polential I[gatIon and claims- and Reviawing correspondeDC8 wilh HMRC. relevant regulators and the group's legal advlsors. There are inherent Ilmltations In our audlt procedures described above. The more r8mT)ved that laws and regulatiuns arg frDm the finanGlal transaclions, the less likely11 Is that we would become awaro of non-compliance. Auditing standards also limit the audit procedures requlred to Idenllfy non-compliance with laws and fagulations lo enquiry of the dlrectors and other manag8menl and the inspection of regulalory and legal correspondence, If any. Material mlsslalomenls Ihat ase due lo fraud can be harder lo delect Ihan those Ihat arise from erior as Ihey niay Involve deliberale concealment or collusion. 12-
COMMUNITY ACTION BRADFORD & DISTRICT LTD INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF COMMUNITY ACTION BRADFORD & DISTRICT LTD Use of our reporl This r8POrt is made solely lo the charilabl8 group's mombers, as 8 body, in accordance wlth Chapter 3 01 Part 16 of the Companles Acl 2006. Our audlt work has boen und8rtaken so thal we might sta18 to Ihe charilabl8 group's mambers Ih05e matters we are requlred to slate lo them in an auditor's report and (or no other purpose. To tho fullèst exlenl permltted by law, we do not accept or assume Tesponsibilily to anyone other than the charitable group and the chayltable group's members as a body, for Dur audll work, for Ihis r8pT)rt, or for the opinions we have formed. Victoria Atklnson FCA Isénlor Statutory Auditor) For and on behalf of BK Plus Audit Llmiled. Slalutory Audltor Ch8rt8red Accountan15 52 Sl Johns Lane Halifax Wesl Yorkshir8 HX12BW England Date.. .Iq.O..IW..u 20 IL eivs fiyiLILI Li1711 fvool 13-
COMMUNITY ACTION BRADFORD & DISTRICT LTD CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlclod fund8 2025 Re8trlcted fund> 2025 Total Unrestrl¢tod fund$ 2024 R8Strlcted fund6 2024 Total 2025 2Q24 Noles Income Irom; Donallons andlogacles cl Bulldlng ServlG85 Projects and Programmgs Sector Support Olher In¢ome Olh8r Iradlng acllvllles 120,785 463.258 584.041 206,603 1,441.727 1,648,330 129.361 129,381 5,433 124,546 1,418 486.345 128,229 7,600 30,440 eoo 16,240 128,829 23,840 30,440 5,637 21 124,525 1.418 486,345 4b 432,284 432,264 Investments 20,504 20,504 15,199 15,199 Total Incom8 882,734 468,914 1,351,648 820,335 1,458,567 2,278,902 Expondlturo on: Cha Ilable a¢llvlll8S Genaral Bulldlng SeTvlces Prolecls and Programm83 Sector Support Other trading costs 139,394 109,752 180,048 372.204 139.3g4 451,217 466.384 372,204 307,035 307,035 505.412 98S,968 368,980 341.465 286,336 505,412 879,538 86.430 368,980 Total ehaflleble expindilur• 801,398 627,801 1,429,199 762.445 1,384,950 2,147,395 Net Incomo 81.336 158.887 77.651 57,B89 73,617 131,506 TrBnsfgrs botw••n fund 99.384 99.384 31,888 31,8B8 Taxatlon 401 401 178 178 Net movement In fund$ 10 180,319 258,271 77,952 89,953 41,731 131,684 Re¢onclllatlon of funds: Fund bÉlan¢&s at 1 Aprll 2024 1.377.334 275.442 1.652,776 1.287.3B1 233,711 1.521,092 1.567,653 17.171 1.574.824 1.377,234 275,442 1,652,776 Th9 slalemenl of financl818clivllies includes all gakns and losses re¢ognis8d in the year. All In¢ome and expendllura d&rlve from conlSnulng aGlivilies. 14-
COMMUNITY ACTION BRADFORD & DISTRICT LTD GROUP AND CHARITY BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2025 GROUP 2025 CHARITY 2025 2024 2024 Notes Fixed assots Tanglble assets Inv881menls 14 15 287.949 296,160 285,508 295,826 Currenl assets 08blors Cash at bank and in hand 16 178,754 1,468,812 277,569 1.575,561 45,780 1,306,234 169,116 1,456,972 1,637,566 1,853,130 1.351,014 1,626,OB7 Cr9dltors . amounts falllng duo wlthln on• ygar 17 350,227 496.451 302,528 460,497 Net current as8et6 1,287,339 1.356,679 1,048,486 1,165,590 Total a$8et8 le45 currént Ilabllltl8s 1,575,288 1,652.839 1,333,994 1,461,416 Provlslons for Ilabllltles 464 63 Net asso1• axcludlng ponslon Ilablllty 1,574.824 1.652,776 1,333,994 1,461,416 Tho funds of tho chavlty Reslrlc18d funds UnreslriclBd lunds 20 21 17,171 1,557,653 275,442 0) 1.377.334 17,170 1,316,824 275,441 1,185,975 Total charltable expendlturo 1,574.824 1,652,776 1.333.994 1,461,416 Th8 financiBI slalemenls were approved by the Iruslees on ...... . M T Gard8S Trustèe Company registration number 04283003 (England and Wales) 15
COMMUNITY ACTION BRADFORD & DISTRICT LTD CONSOLIDATED STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Noto8 Cash flows from oper8tlng actlvltles Cash generated from operatloiis 25 133,598 80,343 Investing aCtilIes Purchase of langlble flx8d 8ss6Is Inv8slmenl Income rec81v8d 3.655 20,504 8,188 15,199 Net cash gen8rated froml{u$od In) Investlng acllvltlgs 16,849 7,011 Net cash u88d In flnanclng actlvltle8 Net Increase In Cash and cagh equlvalent8 116,749 87,354 Cash and cash 8qulva16nls al beglnnlng of year 1,575,561 1,488,207 Cash and cash equlvalènts at end ol yèar 1.458,812 1.575,561 16-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcle5 Charlty Informatlon Community Action Bradford & Dislrlcl Ltd is a privale comppny limited by guaranteé Incorporated In England and Wales. The reglslered offic8 Is Cardigan Hous8. Famcliffe Road. Biiig18y. West Yorkshire. BD16 2TA. 1.1 Accountlng convention The flnancial stslements have b88n pr8par8d in accordance with Ihe charity's governlng document, th8 Companl8s Acl 2006, FRS 102 "The Financial Reporting Standard appllcable In the UK and Republic of Ireland and tb8 Charities SORP 'Aceounling and Reportlng by Charilles.. Slalement of Recommended Practlce appllcable lo charltles prepaiing Iheir accounts in accordance wilh the Financlal Reportlng Standard appllcable in the UK and Republic of Ireland (FRS 1021" Th8 charity is a Public Benefit Entity as defined by FRS 102, The flnanci85 slatemenls are pr8par8d in sleding, which Is Ihe functlon81 currancy of the charlty. Mon8tary amounts in these financlal statements are rounded lo Ihg nearest £. The financlal 51alements have b8en prepared under Ihe hislorlcal Gost convention, Imodifi8d to includ6 Ihe revaluatlon of freehold propeilles and lo include investment properties and ¢8rtaSn financlal instruments al falr value], Th8 princlpal accounting pollcles adopted are set out below. Group flnanclal slatements The Statement of Flnancial Acllvllles {SOFA) and balance sheet consolida18 the flnanclal slal8m8nts of the charlty and Ils sub51diary underiaking. Th& results of the subsldlary are con801idal8d on a line-by-llne basls. The Charlty ha8 8vailed113elf ol P8ragraph 3 (31 of Sch6dule 4 of Iha Companles Acl 2006 and 8dapled the Companies Act formats lo r6fle¢l the sp6clal natura of Ihe ChaTlty's activlti8s. No separate SOFA or Income and Expenditure Account have been presented for the Charlty alone as permltt8d by 8e¢lion 230 of th8 Companies Acl 2006 and paragraph 327 ofthe SORP. 1,2 GoSng Concern Al the tlme of approvlng the finanGlel 8lat8m8nls. the tnjstges have a reasonable expeclallon Ihat Ihg charily has ad8quale resources to conllnu8 in operational exist8nce for the forese&able futurè. Thus the truslees contlnue lo adopt Ihe golng concern basls of accountlng In preparing the financlal 81alemenls, 1,3 Charltablo fund6 Unreslricted funds are avallabl8 for use al the dlscrellon of the Iru5tee8 In furtherance of Iholr charllable obl&ctive8. R8slrict8d funds are subj6Ct to speclflc condltlon5 by donors or granlors as to how Ihey may b8 used. The purposes and uses of the reslfi¢led funds are sel oul in Ihe notes lo the financial stalemenls. Endowment funds are subl8ct 10 5peclfic conditions by donors Ihat Ihe capilal must b8 malntain8d by Ihe charlty. 1.4 Income Incomg is recognlsed when the chaTity is legally enli118d to It after any performance conditions have been met, the amounts can be measured reliably, and it 15 probable that income will be received. Cash donalions are rf)cognlsod on Teceipt. Other don8lions are recognised once Ihe charity has been nolif18d of the donallon, unless performanc8 condillons requirè deferral of the arnount. Income tax reooveiable In relallon lo donations received under Glft Aid or deeds of cov8nant is recognisod at the lime of Ihg donalion. Legacies are recognls8d on receipt or olherwlse if Ihe charity has been natifiad of an impending dlslribulion, the amount IB known, and r8C8ipI is expeclad. If Ihe amount is not known, IhÈ legacy Is Irealed a5 a contingent assgt. 17-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng politles 1.5 Expendllurg Expendllure is recognised onco there is a legal or conslruclive obligation to transfer 8conomic benefit to Ihird party, It is probable that a Iransfer of aconomlc beneflls will bo required In settlemenl, and the amount of the obllgallon can b8 measur8d rellably. Expenditure Is Glasslfied by activtly. The costs of each actlvity are made up of the lolal of direct costs and shared costs, Including support costs involved in undertaklng each aclivify. Dir801 cosls attrlbutable to a single actlvlty are allocaled dlreclly lo that aGlivily. Shared costs which contributa lo more Ih8n one activity and $upporl costs which are not atlributable to a single acllvlty are apportioned belw88n those actlvillas on a basis conslslent with the uso of rgsoufces. Cèntral staff costs are allocated on the basis of lime spent, and depreciallan charges are allocated on the portlon of the asset'8 use. 1.6 Tanglblq flxed a$$•ls Tangibl& flxed assets ar8 inilially measured at C05t and subsequenlly measured al cost or valuatlon, nel of depr8c18tlon and any Impalmienl loss&s. Depreciatlon 18 r8cognlsed so a5 to wrlle off Ihe cost or v8luatlon of as6el81886 Ih81r r8sldu81 values over Ihelr useful IIv8s on the following bas8S.' Leasehold land and bulldlngs Flxlures and fittings Comput8rs Stralght Iln& over 99 year lease 20 /0 reducing balance I straight Ilna over 314 years Slralght Ilne over 4 y8ar8 Thé galn or loss arlsing on the dlsposal of an asset is determlned as the differ8nce b8iween the sale proc8eds and the carrylng valug of the Bssel, an(i Is recognised in Ihe statement of financlal a¢livili8S. 1.7 Impalrment of flxed assots Al each reportlng end dale. th8 charily revlews the carrylng amounls 01115 tangib18 ass81$ to dèt8rminfi whether there Is any indication that Ihose assals have suffered an impalrm8nl105s. 11 any such Indlcalion 8xlsls, the recoverable amount of Ihe asset Is 8sllmaled in OTd8r lo d818rmine the extent of the imp8irm8nl 106s (if any). 1.a Cash and cash equlvalents Cash and cash eqvivalenls include cash In hand. deposlts held at call wlth banks, other short-torm Ilquld inv8slments wilh original malurltles of Ihraa months or legs, and bank overdrafts, Bank overdrafts are shown wllhln borrowings In current Ilabllllle5. 1.9 Flnan¢lal instrumènts The charity has elected lo apply Ihe PTovislons of Section 11 'Baslc Flnancial Inslnjrnenls, and Secllon 12 'Olher Financial Instruments Issues, ol FRS 102 to all of Ils financial instrumgnls. Flnancial Inslnjmenls are rocognlsed in Ihe charlty's balance sheat wh&n Ihe charity becomes party lo th& conlraclual provisions of the instTumenl. Financlal a8sety and Ilabllilies are offset. with th& n6t amounts presented in the flnancial slatemenls, when there Is a legally pnforce8ble right lo set off the recognised amounts and there is an inlentlon lo settle on a net basis or to realis8 th8 asset and selfle Ihe Ilabillty simultaneously. 18-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollclos Baslc flnanclal assets Baslc flnanclal assets, which includ8 debtors and cash and bank balances, ar8 initially measured at Iransacllon prlce including Iransa¢lion costs and are subsequently carried at amortlS8d cost uslng the effecllva inter8sI melhod unless Ihe Brrangement conslilu1è5 a financlng transaction, where the Iransaclion Is measured al the pres8nt value of thè fulure receipts dlsGounied al a markel rate of intoresl. Flnanclal ass8ls classlfied as receivable within one year are nol amortlsgd. Baslc flnan¢lal Ilablllties BasiG flnancial liabllilies, Including creditors and bank loans ara initially recognised at transaction prlce unl8SS the arrang8m8nl conslltutes a fin8ncSng Iransaclion, wheré Ihe debt inslrurnenl is measured al the pres&nt value of tha future paymenls discount8d al a market rale of Interest. Financi81 Ilab111118s classlfled as payable wllhln on8 y8ar are nol amorlised, Debt inslrum8n18 are SLtbs8quently carried at amortlsed cost, uslng the eff8cllv8 Interest rale method. Trade creditors are obllgations lo pay for goods or services Ihal have been acqulred In the ordlnary oours8 of operations from suppllèrs. Amounts payable are classif18d as current IlabllllSes If payment Is duo wlthln one yeor or less. If nol, they are presenled 88 non-¢urr8nl 5iabili1188. Trade Gr8dllors are reco9nis8d initially at tr8nsa¢tlon prica and subsequenlly m88sured al 8mortlsed cost uslng th8 8ff8Ctlv8 Interest method, Dorecognltlon ol nnanclal Ilabilieies Flnancl81 Ilabllllles aré d8recognlsed when th8 chaTiIy'5 ¢onlroctual obllgallons expire or are disGharg8d or cancelled. 1.10 Employea bèn8flts The cost of any unused hollday enlltlement Is recognised in the p6rlod In which the employea's $&Nlces ar8 recelved, Tgrmln81ion ben8ftls are reoognlsed lrnm8dlately ag an expen68 when the Charliy Is demonslrably commltted to termlnale thè 8mploymenl of an employoe or to provlde letmination benafils. 1.11 Retlremont bengfltS Payments lo d81ned conlrEbutlon r81irement b8n8fit schemes are charged as an expense as they fall due. Crltlcal accountlng ostlmates andJvdgemont$ In the applic8llon of the chadly's accounting pollcles, lh8 truslees are requlred lo make ludg8mgnls. eslim8lès and a66umpllons about the carrylng gmount of 8ssels and liabilities thal are nol readlly app8renl from olher sources, The esllmates and associated assumptions are based on hislorical experience and other factors that ar8 considered lo be relevant, Actual results may dlffer from these esllmates. The estimates and underlylng assumptions aré reviewed on an ongoing basi8. RevlBlons to accounting 8sllmaleB are reoognSsed in the period in which the esllmate Is revised whare Ihe r8vision aff8Gls only Ihal perlod, or In lh8 P8riod of th8 revislon and fulure pèriods where the revlsSon aftecls both Current and future periods. 19-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Irom doMallon¥ anrf1og8cleg Unr08trl¢t•d funds 2025 R•slflctad funds 2026 Total Unr•8lrlcted lund6 2024 RgalFlot•d fund8 2024 Total 2025 2024 DonalSons 8nd1ogacl85 Grants ond contra¢l3 kncome Membershlp fe09 Donallon liom Iiai51Dg subsldlary- Bfadlord Commynlly P8yroll 2,650 116,575 l.S80 2,650 579.831 1,560 1.438 205.166 1,438 1,646,892 463.2S6 1,441,727 Total Ineom• 120.785 463,266 584.041 206,003 1,441,727 1,648,330 Granto ro¢•lv•blo foi cor• aollvltloa Acllvallon 61,862 61,862 8rAdlord Dlslrfcl Artd CrAv•n Cltnlc81 Commlsslonlng C3roup 8MOC. Advl¢e N8hYork 8MDG- ¢gnlr41 Hall 8MDC. Communlty Charnplon• 8MDC. D188bility Granl BMDC. DVSA BMDC- HALE BMDC. HeallhwaGlh BMDC. Othér BMDC. VCSE SIP MDC. VCSÉ Spldrt 012012 8MDC- Wgrrn SpÉc•$ BraLSlord VCS AliancD CAeAD. Cor• Cofflmunlly Transport MAryQgal8 And DS8lrlcl NHS Foundallon NHS Wegt Yorkshlre IC8 Shaphg the Futur Sport for good Oihgr 64,000 46,369 54,000 159,083 169.083 830 830 3.10D 3,100 198.995 198.995 3.363 282,261 204,000 204,000 6A75 894.198 792 3,383 5,476 40,607 262.281 853,S91 792 46,810 48,810 9,000 10,00 221.684 34,600 9,000 10.000 221,684 34,500 2,000 2.540 2,540 1,641 1,847 116.576 463,266 579.831 205,185 1,441.727 1,646.892 (BMDC - ar4dloid Mglmpolllan Dlsfrf¢l Coun¢HJ 20-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incomft Irom charltable activltièg Unr•$lricl•d funds 2025 Rostrletad lunds 2025 Talal UnTOStrlclod funds R•$trl¢t¥d fund$ 2024 Total 2025 2024 2024 Bulldlng8 S•rvlc Ch8rllabl8 and prolacl Incomo 129,361 129,361 128.229 800 128,829 Prolgct$ and ProgTarnme8 Charllabla and pialeGI Income 204 5.637 5,433 7,800 18.240 23,840 Sector Stspport CharllBble and PTtslecl Income Rent r&celvèd 124,fi25 21 124,646 30,440 30.440 253.882 5.658 259,340 166,269 16,840 IB3,109 4b Olh•r Sncom• Uni•8trlct•d fjnds 2025 Unr•&triclèd lunds 2024 other Income 1.418 1.418 Olhor Iradlng a¢tlvltl•8 Llnr•strl¢t•d lund8 2025 UnT•Strlcted funds 2024 Bradford Communlly Paytoll Ltd 486.345 432.284 486,345 432,264 Income from Invoslmont• Unro8trlcl•d funds 2025 Unr•strlcled fund 2024 Inter881 recelvable 20,504 15,199 20,504 15,499 21
00
4ri ryi i}1 - ¢0 4 ¢i ill Ila 00 Iiilii L) tL U & li O
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Oth¢r tradlng cos18 Unrestrlctod funds 2025 Unro¥lrl¢ted fund8 2024 Biadlord CommuThlty P8yYoII Lld 372,2(H 368.980 372,204 368,980 Support Gosl¥ ttllo¢t8•d to actlvltles 2025 2024 Govèrnance costs 13,268 13,785 Analyied b•lw••n'. 8ulldlng Servlc85 PrDj*rls and ProgrBmme8 Sector Support 580 276 12,413 973 373 12.439 13,288 13,785 10 Not movomonl In lund$ 2026 2024 Th8 n81 movement In funds Is slalad 0ft8r charglnull¢fodlllng Fees payable for Ihe audll ol the chariV5 finBndal 31atfjm#nls AudS18ervlcÈ8 Non audll seryloes Dèpfeclallon ol ownod tangible flxed agsel8 10,710 10,200 1,505 9,256 10,318 11 Durlng the year, lh• 808id approved coiisv1ncY work- M8rkg1 research and scoping Communlly Aclloi7 iecrulltnenl setvlce al th rale of £l,f 00 lor K Wyatt. No olhèr Ifltslo8 lor ony person5 connert8d whh them) ¥gcolv8d any i&mun&rallon or benefits from the ohArlty durlng lh8 y88r, Truslees Indemnlly in8uTRnce cover 18 induded wiihln Ihe ¢harllVs maln Insuranee poll¢y, however Ihe premlum pald Is nol sepg18lely Idenlif14bla Irom the lolal cost Incurred. Tru6l•es expen8•8 No Iwsleey expenses wera pald durlng Ihts finandal ar. -23-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Employfja The average monlhly numbar ol employees duilng the year was.. 2025 Number 2024 Numbor Chief Execullve Adminlstallon, financ& &nd manag&iB Frontline 5UPPQrt staff H8allhwalch AnGlllary 8laff (Cle8ngT6 and Café) Trading company 12 24 30 Employmont cost8 2025 2024 Wages and salades Spclal secuity costs Olher penslon cos18 760,637 86,833 39,109 877,977 88,354 35,073 856,579 981,404 Tho number of gmploy86s whos8 annual remunerallon was morg than £60,00016 as follows.. 202S Numb8r 2024 Numbpr £60,0001- £70,000 The remuner8llon of key management personnel wa5 a8 follows.. 2025 2024 AggregAle compansallon 66,981 64,296 13 Taxatlon The charfty la 6x8rnpI from taxallon on Ils acuvllles because 811 Ils income Is applled for charliabla purposes, The profits of the tradlng subsldlary are sublècl lo Corporallon lax.
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tanglble Ilxed a558ts CHARITY Leasehold Flxture5 and land and flttings bulldlngs Computars Tolal Cost or valuatlon Al 1 Aprll 2024 Addlllons 275,000 176,182 22,325 473,487 Al 31 March 2025 275,000 176,162 22,325 473,487 Depro¢lAtlon and Impalrmont Al l Aprll 2024 D&pr8clallon ch8rg8d In the year 162,884 2,655 14,777 4,573 177,fj61 10,318 3.090 Al 31 March 2025 3.090 165,539 19,350 187,979 Al 31 March 2025 271,910 10,623 2,975 285,508 At 31 March 2024 275,QOO 13.278 7,548 295,826 In¢ludèd wilhln long188sehold ass819 Is th8 charity premlses a¢ C8nlr81 Hall, Kelghlgy. Thèse prèm18es wèr8 revalued on tha Al 31 March 2025, hed Ihe revalued assels begn ¢ar(led at hl8torfc ¢0gt less accumulated depreclallon and a¢¢umulaled Impalrmenl losses, Ihelr carrying amount would have b8en approxlmalely £121,84212024 - £121,988). The revaluallon 6urplu$ Is dlsclosed In Ihe delail8d fund8 analysls note. -25-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tanglblo flxed assgts Icpnlinued) GROUP Leasahold Flxturés and land and fittlngs buildlngB Computèrs Total Cost or valuallon Al l AprTI 2024 Addlllons Dlsposals 275,000 190,437 69,104 3,655 26,716 534,541 3,655 40,630 13,914 Al 31 March 2025 275,CilO 176,523 46,043 497,566 Dopr8clatlon and Impalrmont Al l Aprtl 2024 D8preciallon charged In the year Ellmlnale on dlsposa18 Revorsol of Impolrmenl 177,094 2,720 13,914 61,287 6,056 26,716 238,381 11,866 40,630 3,090 Al 31 March 2025 3,090 165,900 40,627 209,617 At 31 March 2025 271,910 10,623 5,418 287,949 At 31 March 2024 275,000 13,343 7,817 298,160 -26-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Flxod aasèt Investments There wer8 no inv9s1Fnenl assets oulslde the UK. The cornpanrfs inv851menls al lh8 balanc8 Sheet date include the follDwlng aradford Commun5 Pa oll Ltd The charlty is Ihtr sole member ol Bradford Community Payrdl Lld. whlch does nol hav8 share capllal, Ih8refor8 no Invaslmenl valuB1s presènted on the balancè sh68t of the charlty. Nature of bu8lnes$: Provl8lon of payroll and support $oNlces. Summa ol Iradln resull8'. 31103125 311C+3124 Tumover To181 Exp8rtdllur8 Taxallon 486,345 1358,6151 (4011 434,664 1372,4321 178 127,329 163.1751 62,410 {70,5461 Donallon to porgnl charlly IPald In Year) 64,154 8,13fj ofa A58als Llabllllles 288,993 133,474) 229,227 137,8621 265,519 191,365 Dobtor8 GROUP 2025 CHARITY 2024 2025 2024 Trade d8blors Olhgr d¥blor5 Prepaymanls alld accfue¢i income 30,235 123,080 25,439 148.30S 102.081 27,183 30.235 1.237 14.3Q8 148,902 1,288 18,925 178,754 277,569 46,780 169,115 -27-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Cr4dltors GROUP 2025 CHARITY 2025 2024 2024 Nol•s Olhgr laxalloi) and soclal 8è¢VTiIy D8ferred Income Trad8 ¢reditor8 Accruals 38,461 89,248 183.965 38,553 38,257 331,387 90,114 36,693 10,630 6Y,899 183,955 2Cs,O34 12,856 331,387 90,114 26,140 19 350,227 496,451 302,528 480,497 Deferred Income GROUP 2026 CHARITY 2025 2024 2024 Other deferred Income 89,248 331,387 87,899 331,387 Deferred Inc¢)me Is Includ8d in lh8 fin8nc181 slalemenls as follows.. GROUP 202S CHARITY 202S 2024 2024 $ InGlud8d wllhln Curr&nl1Sablllllès 89,248 331.387 87.899 331,387 ovemenls In the D8ferred Ineomg 011 April 2024 Released from pr6vIous perlods ResourGes deferred In the year ear.. 331,387 {341,278) 99,139 436,677 {321,5651 216,275 331.387 {341,27fs) 97,790 438,677 {321,56S) 216,275 89.248 331,387 87,899 331,387 19 R8llr8lll¢llt bBngflt schgmos 2025 2024 Dgflnod conlrlbullon schèmes Cliarge to PToflI or Ioss In re6pocI ol doflned conlrllwlion sthemes 39,109 35,073 Tho chaTlly opeTBIBs 8 defin8d conlribulion pension scheme for al quallfylng èmployees. The a&%ets the sGhome are held sepBralely from (hose of the chaTily In an Independenlty administered fund -28-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Re¥lrlcted fLtnd8 The reslllcled funds ol Ihe chdrtty Coffjpllse Ihg unpxpgnded balancos DI donaUon$ 8nd granls hghj on INut svblecl lo 8peclflc ¢ondltlons by dwor5 a610 how ihpy May bo Al 1 Aprti 2024 Incomln Re60ur¢•8 R8#our¢g e¥pand•d TTan8f•r$ At 31 MaTch 2026 DVSA I INFO Healthwat¢h 12,1e1 176.530 17,918 28,569 140 1306,2021 (12,3201 {72,9601 19,5881 14,5261 21M.632 8.330 VCSE SIP Young LIvÈs 8r8dloid Advlco N8tWOfK shaplng Ihe Future 262,279 1286,3221 20.713 19,630 119,4951 113,9111 1.218 7,622 2.003 276,442 468,914 1627,8011 199.3041 17.171 Pr•vlou# y•8r', Th¥ r#$lrtcl¥4 funds ol Ih$ ¢h&rity rornpri8e the unexpended b41an¢88 ol dty)aUons and granis h8ld on Irusl iublo¢110 At 1 Aprll 2023 Inromlng R••our¢•É R•¥ouroe• •xpond•d Tran$f•r• At 31 March 2024 81g LDllory Fund- HALE 8radlord 8Èfrtpndln9 8r8dlord CCG Doy OppDrtunllla$ DVSA I INFO H&allhwatch 1,429 1451} 13001 1.917 3,646 126.383 42,323 990 11,4281 4SI 300 11,9171 11,635 211,600 1,217 13,100) {161.463) 12,181 176,530 17,918 {25,8221 19901 Klckalart HPOG VCSE SIP voso Computer Cla•s Younu Llv6$ Bradford Advlca N8tsVO Sh8plnu Ihe Fului• Qlher 221.684 854,983 105 I221.8> B79,07S) 1821 12,0771 13801 127.6761 (14,9701 174.4531 61.2?7 11.874) 18,6771 1,B51 2,077 1,969 28,56g 11,689} 48,389 34,500 74,453 20,713 19,530 233,711 1,458,567 11,384,950) 131,886) 2TS,442 Advlce Nelwork- grènt lo provlde a network fDF oiganisallons provtdlnEadvice seryice5 Blg Lottery Fund: E5- BIE Lottery prolect ¥upporllngwon7en and glils operalingin Keighleyward. Blg Lottery Fulld: HALE- ShipleyAiea Links 8elriending and Advocacy prolecl Computer ¢la¥s- Giant held on behall ol Sllver Surfer5 In Blngley lo enable Ihem lo run computer couises lor those over 51 Daycare- Councll Èranl to run daycare services In Blngiey 0oyOpportunilie3. Dayc81e 5ervlces foT older people In Binldey Pemoniia Fiiendly Kelghley- We Èmploy and SUPPDrtlhe stam ol DFK on beh311 DI a mallagemenl cornmlttee. This He&llhwateh- Councll contiacl lo lun Healthwalch. a slalulory duty of the Council lo delivei HPoC- grantto p¥ovlde 5UPPOrt lothe VCSE sector Ifom ihewest YorkshiFp Health and CorB Partnershlp -29-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDeD 31 MARCH 2025 20 RBitrfitod fvndi IConllnu8dl Iskley. Income lell bya benvlaLtllr lo Ilkley Otllce the bEnernoflhe Ilkleyward It4FO- Oui Inlorm8llDn sery4ce pl¢1ng newsletlei8 fjnd soclylniedlffl upd8te51otho 5ecroi.' thlste8maLsomanaÉès out onllne daiab&sÈ wiiich dilves sev¢ialoihef websiiaslpotialslor lthe localVCSaThd commu11¢$. %lckslBrt-Iralnlngpiol16mn)8 lor yo4nz PEtiple10 WOFk pxpeilencE Shaplngihe lutUfe-Thallonal prograrnme svpportvioihediversltyolvolunieK Suppoii afid d4v>lopmentlialnlng-Income Iiom oyi IialiilngprDgrarnm VCSE 51P- Councll controCttopiov5rle supportseTrlcostDlheVC5E 5eclor; Capaellybuiiding,voiuThtetrln&npOrkS,1I0lmaIl0noThd ¢lllipfi eiiKagemgni,' dÈUvÈied In a con50nlum 1h Paillcipaie Piol¢c15. HALE aiid IheVCSAlllaiice VOSO- Mon185 fiom the eisoN Want YounELlves 918dl)rd- CouncllEianiio proe¥01¢¢ an(1 iepie3en1411on &tltylty INB.. Releièntes lo'Coun¢n' above 18l&rtD Bradlord M2tropoblaTh Dlstrlclcounc Trnn$l¢rs b•lwèanfvnds fepr08efrl the rnov¢rnpnl tsfy••i ond b•hncbs i¢lath¥ to prcls that havll tyW•d 0o%l th• ¢1o3kng b4tsi¢•A hav8 21 Unr•ildd•d lund The unré8trlcled lund8 of th¢ ebirtly comprfsa th uDbxp8rtd8d bRLgn¢es of donaik)n8 vch ar• nol wibl•el lo opodlo CHARITY.. Incomlni R•¥ourui At 34 M4r¢h 2025 2024 •xp•nd• Uni••irf¢t•d fund6'. Goneral 081 of LWk)g Snlek 402,619 17.173 9,110 489,314 1445.5571 34,642 4bl,016 19,1181 D•ilgnal•d lund.. or01noI10Th CIo8ura eo&ti Centrd Hall Mainlèn4n¢e LInrnath Devehjpmonl Fund Redundoncy Conllpen¢y 124.138 JO.717 6.500 236.821 83.893 62 18,6331 124,188 24,1e4 16,600) 119,J52 13,591 352,582 62,072 Pfop•rty Rovaluaflon filnd.. r•gntr41 276.0 12.2201 272,700 1.1É5,97J 4Bg.514 1457.649 99.364 1,318,824 GROUP: Ai l Aprbl 2024 R•iovre•i oxp•nd•d rran4f•i• 131 Marth 2025 Ro#ouic•B Unr•slrf¢i¢d lund8.' Genor&l Coil o[L19 Snlcket 693.977 17.173 9.116 882.734 1719.6D71 34,642 721,846 (9,1181 De•lonatod lu#d,. Orttanithlbn CkJ$vro Cos18 Con81 H411 Malnltyn*n¢e 124,138 11,217 28.ono 236.e21 &3.093 124,188 4,884 19,500 352,582 62,072 le38) 16,5001 119,352 121.8211 Dev&loprnoil Fun R&dundsncy Conllgoncy 13.6911 proyérty R•yalu•tlon fvnd,. Centrel 2TS,WO 122201 2T2,780 1277,334 fjB2,734 1801.7991 99.384 1,557.663
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 UnreBtrlGted lund5 (Continued) Pr•vlous yvar- CHARITY At 1 Aprll 2023 Incoming Rg8ourc•s ReBour¢es •XPond8d Tron$fgrs At 31 March 2024 Unrèstrltted fund$', General Cost of Llvlnu SnlGkg1 332,110 4141.667 12,838 7.503 392,205 1,630 21.047 5.967 1,613 402,619 17.173 9,116 D8slgnal•d fund: Organlzalion Clo&urg c1$ Cenlral H811 M8inler&nce Londm8th House Developrn8nl Fund RedundanGy ConllgBncy 124,136 30,820 26,000 219.185 80,634 124,136 30,717 6,500 236.821 83,893 103 19.5Cia 19,500 3,259 1,B64 Property R•v8luallon fund: Central Hall 275,000 275,000 1,087,884 462.006 395,802 31,886 1,185.975 Prevlou• yar-GROUP: At l Aprll 2023 Incomlng Rosour¢•• Re8ouTee• expvnded Tran$f•r¥ At J1 March 2024 Unrè8trl¢ted fundjj: G&nero1 Co81 of LlvSng Snlckel 531,808 799,996 12,836 768,672 1.630 21,047 5,987 1,813 593,977 17,173 9,118 D81gnated fund: Orggnlzallon Closure Costs Central H411 MaInlen89 Landma House Developmenl Fund Rvdund8ncy Conllgency 124,136 11,320 45,5CKJ 219,185 80,634 124,136 11,217 26,000 236,821 83.893 103 19.500 19,500 3,259 1,004 Pyopèrty Rèv&luatlDn lund,. Central Hall 275,000 275,000 1.287.381 820,335 762,269 31,886 1,377,334 UnreslrScled fund - BTadlord - G&neial lunds brought forward from Ihe BraLllord CVS accoiints Deslgn8led fund , Bulldlnglclosure Co$15- Fund Iu cov8r 6-month closure and bullding cosls Deslgnalad fund .' Keiyhley- Fund lo eorm8rk funds lo be sp8nl on Kelghlgy actfvllles Deslgnaled fund '. Landmark House - Fund lo earmark Ih8193se commllmenl held by the chaiity in relalltsn lo Landmark House, the PTeml8e8 used by Bfadford Cotnmunity Payroll Lld Designated fund ', Developmenl Fund Fund lo support fhe CAB&D aclivi1195 and Inillali¥es In Ihe future Deslgnaled fund '. Rfjdundancy- Fund lo covei redundancy cos15 as al lh8 year end Property Rev85uallon fund- R91ale$ to rovaluollon re$8rve lor Cenlral Hall, K8lghl8y 31
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 22 A#31ysls of n&t 488è1¥ botwo•n funds Unreslrlct•d funtlq 2025 R•strlct•d fund 202S Total 2025 At 31 March 2024: T8ngible a58els Cuffenl assois I liablli1188 287,949 1,269,704 287,949 1,286,875 17,171 1,567,653 17.171 1.574,824 Unr9s1IlGted lund8 2Q24 Rgslrlct•d funds 2024 Total 2024 Ae 31 Mar¢h 2024 TAnglblg a$g815 Current 88tsels I Illablllll881 296,160 1,081,174 296,160 1,356.81G 275,442 1,377,334 275.442 1,652.776 23 Opgrallng le*B• commltm•nt8 202J 2024 Wllhln one year 8•04n two and fivg ye8r8 In over five years 11,539 22,401 10,017 81 85 11,628 32,499 24 Contlngent IlabllllEes The charlty, as thè sole rnember ol Its Ira<iino 8ub9idiary, 8iadlord Community Payroll and Accounts Ltd, undertakes to conltlbul8 lo Ihe assols of Ihg limll8d company, In Ihe ev8nl of the company belng would up 8Slher whllsl11 Is a mamber or vAlhln one year 8fter11 eeases to be 8 member, for paymenl of Iho debls and Ilabllilles of Ihe company conlracied beforè11 ¢08sos lo be a membe¥ such amount 8$ may bè rèquired nol Oxceedlng £1. The charfty haa been required lo underwrile a gu8rantee for tha trading subsldiary in rglalion lo Its bankln9 relallonshlp wlh Unlty Tiust, thls guarantè& rel&los lo the lovÈl of mon8y processing by the company. 32-
COMMUNITY ACTION BRADFORD & DISTRICT LTD NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Cash g&norat8d from opgratlons 2025 2024 Surplus for th6 yèar 77,952 131,684 Adluslmenls for: Investment Incomé rÉcognlsed In slalem8nl of Ilnandal a¢llvllle$ Depreclatlon and Impalrmenl of langlb18 flxed as58ts 20.504 11,866 15,199 10,199 MDvamonls In worklng c8p1181'. Decr8as&lllncrèas8) In d8blors Increase In credltors 98,815 145,823 39,525 85,866 Cash gon•rat8d from opèratlona 133,598 80,343 26 Anolyg1& of ch&nge$ In net lund$ The charity had no malerlal d8bt durfng th8 year. 33-