li
for tfie year ent(￿￿ JlarcA 2023
Company Registtauon Number. 0418IKJ68 (England and Wales)
Charity Number. 10911T7

Page
Rderence and Admini￿tive Detaih of the Charity. its Tn￿ree5 and Advisers
Trustees Re￿rt
Independeni Examiner5 Report on the Financial Statrments
Statement of Financi81 Activities
12-16
Notes to the Financial Statenwnts
17-24

Mrs E Ekpo Cbair of the Bwd
Mrcmeh
Mr A Ojeniyi
Mr P ChJufya
Mr Nason Bimbe
Pri￿1 0￿ BMECP Centre
loa Fleet Street
Brighton
East Sussex
BNI 4ZE
llldep¢ntsE7aml￿ Fabek Asgixiates & Co Ltd
Certified CharreTÈd Accountsnt8
32 Dewey Road
Dagenham
RMIO 8AR
BAthtK Natwest Bank
Brighton Town Centre Branch
Unit 40
56 Churchill Square
Brighton
BNI 2ES
(I￿lty 1091127

JIPA
The Trustees who are alg) Directors of the charity for the PurP￿S of the COMP￿leS Aci 21XIS.
Present their re￿rt with the financi￿ statements of the thariry for the year ended 31 March
2023. The trustees have adopted the provisions of Accouniin8 and RepoTtin8 by Charities:
Statement of Recommended Practice applicable to charities preparing their accounts in
aCCOTdance with the Financial Reportin8 Stsndard applicable in the UK atkd Republic of Ireland
(FRS 102) {effective I lanvary 2019).
As a not-for-profir 018anisation. the BMECP does not have shareholders to answer to. & the
BMECP operations are noi funded by the ￿131 Investment Business (SIB) and Brighton and
Hove Ciry Council. However. tbe BMECP is answernble, and the T￿￿ are accountable to its
membership.
As per the Memorandum of Awciation. the obiett of BMECP 18 to promote any charitable
purpose for the benefit of the public in Brighton and Hove and the surrounding area for Lhe
benefit of Black and minority etlmic indi%rydua]s and their famili¢
BMECP bou8ht 3 shell properry and EK)rrowed t21K),(MJ) from SIB to irnprove the properry. When
rooms are tr￿ked or offices are hired at the BMECP centre. the monies are reinvested back into
the centre to pay for operational costs and the general n￿nitI8 of the centre.
Our overall aim is to raise enough revenue tbrough irs ovrn business activities and project ￿ndIng
to make BMECP s￿sta1T￿b￿ and able to fund proiecLS, including training and events and to
support to 8upport BME communiry.
To promote equality of optK)rtunity for Black and Minoriry Ethnic individuals and their
families and to challenge and combat racism and all form8 of dI￿rimination.
To ￿pport Black and Minority Ethnic Group5. individuals and families by providing
them with inforn￿ti0n. advice. and other assistance.
To devclop and n￿Intain contacts with the statutory, voluntary, and private sector
organisations with the aim of encour4&ng them to implemeni w>licies that will prornoce
equaliry of oppommity and 8LXMI relations I￿een people of differeni ethnic origins.
To deliver any services that are wtthin the byope of the obj'ecrs of BMECP.
To promote or carry ollt research and to dissell￿te the usefill rwlts of such research
and 10 publish or distrlbute such inforn￿li0lL

To establish, develop and maintain a regjurce centre cat￿]ng particularly for, but not
solely. the needs of black and etFfftic peoples, Antludillg refugees and asylum seekers. who
are residenrs in Brigh(on and Hove Ciry.
The organisation'$ ch¥Titsble activities include:
The Centre has t*en in operdtion for MO￿ than 21 year5 and continues to thrive as a ￿PUlar
venue providing a welcoming, accessible. and affordable community space enjoyed by everyone.
We have several tenanty renting OUT office spaces and other S￿ce￿meetIng rooms are Tented for
training aDd other communiry acti￿tieS whi15t we conuDue to encourage the introduction of
client$ ro the centre. Whibt office renrzl does 8enerdte more sieady income for the Cenue, the
other available spaees being rented for meetingsltraining b88 meant that we have more available
sP￿e for meetiWtrainin8 for the Eenefit of everyone.
We have a diverse beneficiary gTOUP ¢hereby continuing to serve the communiry. Communiry
members and groups are encouz4ed to supporr the Centre to ensure that the rwrns and offices
are used and thai the CeDLre generaies enough income to be gelf-su5tainin8 which is very
important ftir the going concern of the Organi￿tiO
BMECP has also advertised a hot desking faciliry that enables sroaller group& organisations, and
individuals to use the Centre facilities including the Centre address for their group or business.
This also enables them to use the available desks as and when they require a privaie space on a
rota basis. Members are offered a discount on rcM)m knking. This is an opportuniry for co-
working and necworking with other like-minded people with regular yeminar8 and workshop8.
induded in the hot deskin8 P8ck&ge.
On the 30th of May 2018. BMECP was ryised by HMRC as a cbariry for purposes under
the Gift Aid xheme. This now means that BMECP can make claims for repayment of tax on
individual donation5 to the centre under tbe Gift Aid Scheme within 4 years of its accounting
period of the Teceipt of the donaiion.
In addiiion. BMECP 1$ eli8ible ro elaim a rop-up payrnent worth 25% of every Pound. even if we
don't have a Gift Aid declaration from the donor when there was a verbal confirniation from the
donor. Gift Aid donation8 will give the BMECP anoiher income strcam and will improve the cash
flow. which in tUTn BMECP will use the much-needed cash to promote and carry out its
charitable proiective. which is the e&sence of her e￿i￿en£￿.
Our website aers as the eye of BMECP to the public. VisitOTS can see what Mi￿10n.
BMECP has E*en using the websiip to fimdraise induding aid donations. We made
sL￿e our website has the ri8ht content and we bave attracted a lor of new visitors (traffic

has increased). our SUPPOTreT5 and other donors to market our organisation and rdise fimds
for our SC￿La] and charitable projects.
Our main aim is to encour4e OIJT ￿P￿tter4 as well as the public to visit our website so
th8t they can see wbat we do and at the same encour4e them ¢0 dO￿tr funds to the
charity.
Our aim is to leverage the phtforni to connect with people in Brigbton and the
surrounding areas.
Among the improvement& is to make the wetsite user-frien(lly and to provide a
compellin8 user experience regardle￿ of the device's screen size used to access it.
Included the statement of c￿kit Con￿nt and made it clear in terms of GDPR compliance.
Our Facebook page continues to attract more followers and improved engagement with the users.
We have made sure our Facebook page the right content. profile page photos and videos. We
also utilise all the suites of tools and services offered by Faceiwk. Our Facebook has been clearly
categoriged us Non-PTofiI and utilised services gjch a8 Fundraisers. events. pa8e in8i8hts,
donations and so forth. We will continue to take advants8e of Faceiwk TLds and services such
Fundraiser ana Donate Button to raise cash througb Gift Aid & other donations. With
improved engagement and growing number of followers, BMECP will work on straiegies that will
help in convenin8 some of the ftilloweTS into membeTS and aitical friends of BMECP. We will
also try to use ¢ool$ wch as Events to assisi us Organise supporteTS to par¢icipa¢e in the activities.
We can utilise tools such as Live for live Fundraising Streams and place free advertisement space
for charities. Furthermore. using the FUndraI￿r tLM)I, we use the abiliry br other people to
fundraise on our behalf For our various cause$.
BMECP currendy measure or record the number of people visiting the centre and record of
bookings or hiring our rTh)ms for training and Ixher Pllrp￿ for board decisions. BMECP wanrs
to move away from just recordin8 traffic into the centre bur into Mea8urin8 and Demonstrating
Social Impact. We want to measure the qualiry of our Servi￿ such as the experience of our
8erYiee users. AB a result, we are planning ro srart cap￿ring data ihrou8h qualirative means sueh
as Surveys and questionnaires. We will a1￿y5 ask the user of our 5errices io complete the
questionnaire or survey fonJ)s.
This project was funded by NHS England. The soal was to seDsitise the BME commwiiry to the
importance of organ donarion and make them more willing to take pan.
There was a deficit for the period of £52.720 (21J23): Surplus FA278 (2022) and unusable reserves
of £1,116.666 (2023): £1,135,452 (2022). The unusable reserve holds the chariry assets that are
used to generate the funds to the centre. Of the L52270 deficit, (Ffj,850) re51ricted and must
be used as speofied by the donors.

The reduction in income generated and reserves was due ro nation-wide lockdown of acttvities
fOllo￿ng the outbreak of COVID-19. BMECP had anticipated a quick return to norn)aicy
however unfortunately rhe knuDce back has been slow and challenging. BMECP has since and is
siill tweaking the financial sustainabiliry sttatrgies to refiect the Tealities to miugate the slow
bounce b8cL
BMECP'S Tnjstees recognise the imtnrtance of having income available to be spent at the
TTUStee8' discrerion in furtherance of the clwity's objert& but which is not yet spent, committed.
or designated.
A5 per the Governing docutnent. the Black and Minority Ethnic Communiry Partnership was
incorporated as a company limited by guarantee on 15 March 21J)l and received eharitable stacus
on 14 March 2￿2. Its governing d(￿ll￿ent is its Memorandum and Artide5 of Association dated
15 March 2(Kll as amended 30 March 2(K)l and 3 kprember 2
The Trustees must hold at least 3 meetin8s each year and the quonmi is 4.
Since the eeonomy opened there has been a lingering impact of COVID-19 that is still affectin8
the pace of room hiring at BMECP. We are still not at full capaciry in terms of room usage and
OCCUPoncy because some businesses were fully back which by extension is affecting BMECP
usage. Project fijnding was also a challenge to ateess due to the slow Ix)unce back from the
pandemic and the ongoing geopolitics challenges.
BMECP has tho had to cope with high energy bi]]s during the calendar yegr and this has become
an existential threat to the workin88 of BMECP. Energy costs increased by over 2LKV% in the 12-
24 months due to the war in Ukraine. which h&8 cau8ed a lot of supply chain problems. The
organisation is makin8 the rteee￿ary efficiency savin8S to cope with the surge in energy costs.
The f(M)dbank of BMECP started in May 2020 and the averd8e Dumber of families Se￿ed i8 one
hundred and rwenty (120) per week BMECP considers the Fod bank provision as a narural
extension of what it does to support the BME communiry within Bri8bion and Hove. Since we
Started the project during the Covid Pandemic", the nurnber of beneficiaries increased
exponenually to a point where the fi￿dill8 could not sustain the growth. By chrI￿rnaS of 2022;
BMECP had to make a painfLJ decision of Scaling down Ihe number5 to fit the budget envelope.
The scaling to only rarget families with children as well ￿ the elderly. Ivhile tbere are several
Food Banks in Brighton and Hove; BMECP compliments them but more )m￿rtantlY plugs the
gap in the provision of Cultu￿ foods that are required by BME communities in the ciry.
The average now served on a weekly iwi5 is alK)ut g) Familie&
Over the course of the financial year. a memkn of sraff and two tn￿teeS resi8ned. and this
Co￿5ti￿tea a risk to the works of BMECP as thi8 has implications on the Fople requireil for the

organisation to operare ar an opumum level. BMECP reco8nises this high rate of staff turnover.
and it 15 conunuing to work and implement strategies to Mitigate it.
Due to high infiation in the ]ast 12-24 month& BMECP'S cosrs especially Gas and ekctriciry,
labour. repairs. it￿￿ance. and znaintenance. have increased at a rare far much more than the
The biggest risk to BMECP Currently is the going concern. As of 31tt March 2023. BMEC made a
net deficit of £57k. which is 511)b of BMECP revenue.
The b)ard that IS 80in8 to be elected on the l(P of November 2023. should BMECP'S financial
POSitiOD & decide whether BMECP will continue to operate economically. effectively &
efficiendy into ihe foreseeable Euture.
The new board's main obiective is to eome up with a I￿sineSS strategic and recovery plan ro
increase BMECP'3 revenue and reduce opeTrtioDal costs.

The tDJStees are resF#)nsible for prepating the Tntstees. At)nu21 Repjrt and the financial
srAiements in accordance with applieable law and regulations.
Company law requires the trustees w PTepare financia] statements frir each financial year in
aecordance with UK Accounung Standards and applicable law (UK Generdlly Accepted
Accounting Practice).
The financial sraiements are required by law ro give a true and fair view of the stsie of affairs of
the clwitable company and of the exces8 of income over eXpendIn￿e for that period.
In preparing this financial statemenL the trustees are rwured to
select suitable accounriD8 policies and then apply them consisrendy.
make jud8menrs and estimates that are rewnable gnd prndenl
s¢ate whether applicable UK Accounting Standards have been followed, subject to
any material depamm disdosed and exp]aiDed in the financial statements" and
Prepare the financial rtatements on the going concern ba81$ unless it is inappropriate
to presume that the Charity will coniinue in its aetivities.
The tNstees are responsible for keeping proper accountin8 records that disc105e with reagjnable
accuracy 81 any time the financial position of the charitable company and enable them to
eTr8ure that its financial statements comply with the Charities Act 2011 as amended. They have
general respon8ibility for taking such Sieps as are reasonably open to them to safeguard the
a$8ers of the charitable company and to prevent and deteet fraud and other irregularities.
The tru8tee8 who held office at the date of approv￿ of this trusEeeB' re￿rt confiTm that. so far
as they are each aware. there 18 no relevant infonDation of which the Chariry's examiner 18
unaware. and each I￿Stee has taken all the steps that he/she ought to have taken &8 a trustee to
make himself I herself aware of any relevant information and to esrablish that the Chariry's
examiner is aware of that ]nforn￿tiO
In line wkth the provision exemption in the Charities Act 2011 as amended. tbe trust have
decided to continue the Se￿ICe$ of Mr Adekunle FawuDnU FCCL of Fabek Awciates & Co
Ltd &$ the chaTiry'S independent examiner.
Date 0611112023

We report on the accounts of the Tnw for the year ended 31 Mardi 2023. which are set out on
Pages 12 to 24
We have examined the financial statements of the Black and Minoriry Et}￿IC Communiry
Partnership {the Cl￿rIry) frir the year ended 31 March, 2023 which comprise the Statement of
Financial Aetiviues, the Balance SbeeL the Sratement of Cash Flows and the related notes.
induding a summary of significant accounting p)licies, the financial reponing framework that
has been applied in their preparduon, its applicable law and United kngdom Accounting
Standards. includin8 Financial Reportin8 Standard 102 - The Financial Re￿rtIng Srandard
applicable in the UK and Republic of Ireland, (United Kingdom Generally Accepted Accounting
Practice).
The financial statements have been prepared ill acconlance with Accountin8 and Reporring by
Charitics preparing their accounts in accordance with the Financial Rep)rting Standard5
¥pplicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and
Reponin8 by Charities.. Statement of Recommended Prnctice issued on l April 2(X15 which is
referred to in the exrant regulations knLt ha5 been withdrawn.
This has been done in order for the accounts to Provide a mie and fair view in accordance with
the Generally Accepted Accountin8 Practice effective for reporting periods beginning on or ofter
l January 2015.
In our opinion the financial statements:
Give a true and fair view of the stale of the charity's affair5 as ai 31 Mareh. 2023 and of
its incomin8 resources and application of resources for the year ended.
Have been Properly Prepared in accordance with United Kingdom Gerkerally Accepted
Accounting Practice. and
Have been prepared in accordance with the requirements of the Chariues Act 2011.
The chariry's trustees are resFrJnsible for the preparation of the accounts. The cbarAty'S truttees
consider that an audit 15 not required for thi% yw {under section 43(21 of the CILaLities Act 2011
(the 1993 Aci>l and that an independent examination is needed. It is our re4X)rt4ibiliry to..
examine the accounrs (under section 43(3}(a) of the 19Y3 Acr};
to follow the procedure5 laid down in the Gelle￿1 Directions given by the CFLatiry
Commissioners (under Section 43(7)(b) of the IW3 Act)" and
To slate whether particular matter5 have come 10 our attentio
io

Our examination was carried out in accordance with the General DirectiorL8 given by the
Charity Commissioners. kn examination includes a review of the accounting records kepi by
the chariry and a coMp￿150n of the accounts presented with those recor&s. It also indudes
consideration of any unusual items or disclo￿ ID the accounts. and seeking explanations
from you as trustees concerning any such matters. The pttKedure3 undertaken do not provide
all rhe evidence that would be required in an audit. and consequently we do not e4)re55 an
audit opinion on the view given by the accounts.
In connection with the examination, I have reviewed the knks of BMECP and can conclude that
except for the going concern rhar is under threat. no matter has come to our attention.
11) Ivhich gives us reaxjnable cause to believe tha¢ in any Jnaterial respect the requirements
keep accouDDng records in accordance wilh section 41 of the 2011 Act. and
To prepare accounts which accord with the accountin8 records and comply with the
accounting requirements of the 2011 Act as amended.
Have not been met; or
(2) To which, in our opinion, auention should be drawn in order to enable a proper
undeThtandin8 of the accounts to be reach
BMECP has overdrawn their unrestricted accowit and therefore concerned alh)ut BMECP'8
cashllow and the tn￿teeS must act to improve this otherwise, BMECP going concern is under
threat.
This Teport 1$ made solely to the chariry's tn￿tee$. a8 a ixmly. in accordance with Part 4 of the
Charities (Accounts aThd Reports) Regulations 2(M)8. Our exaMi￿tion of the accounts has been
undertaken so that we might state to the chariry's trustees those matters we are required 10 state
to them in an examiner s report and for no other purtKfje. To the fullest extent pennitted by law,
we do not accept or a&sume responsibiIity to 3nyone other than the charity and its trustees. as a
iK>dy. foT the independeni examination work. or for the opinions we have fornied.
Signed th#Duyof . 2027
Fabek Ass(Kiates and Co Ixd
rtified Chartered Accountants
32 Dewey Road
Dagenbam
RMIO 8AR
li

Prior Ye
Totsl FTAn&
2023
2023
2025
2022
Donatrjns & 14a
20,498
24,998
5,499
92,486
&3,453
1,390
73,235
5.4
ITbvestnws
103.731
20.498
124,229
138.078
I49.￿]
176,949
131,800
149.601
27.348
176,949
131,800
Net Il￿ne £01 tbe ymr
(45.870)
L6.850>
(52.720>
6.278
11.936
111.9361
33.934
(33.934)
18.786
(18.786)
2.720
Q52.720)
6.278
6.278
N*t mov*m*th IA fiu
Totsl fand• bTou8]Jt fornzd
21.368
1.135.452
1.156.820
1.153.542
12.566
1.116.666
1.104.100
1.159.820
All acti￿tieS derive frorn continuing operarions
12

SOFA- Prlor Year
2022
2022
2022
Dona￿￿ & Legacies
1&928
44,525
63.453
1.390
73,235
73,235
Totsl Incoll
93.553
44,525
138,078
043
39,757
131,800
92.043
39.757
131.800
Net i￿0￿C for the ye4r
1.510
4.768
6.278
TThn•fer• between fund•
(&IXKJI
(3,000)
Net illcom¢ 4fier trAu•feD A.B-C
Net movement in
1.510
1,510
1.768
1.768
3.278
3.278
Rec0￿1]11￿0ll of ta￿1•...
Totsl bMu8ht fowwaid
19.858
i.iU684
1.153.542
21.368
1.135.452
1. 1156,820
All activities derive from continuin8 OEThtion
BLACK & MINORITY rfHNIC COMMUNITY PARTNERSHIP . Re•ouzw app]kd bk the
Ye￿ ended 31 ￿￿¢￿ 2023 tow•zd• for Cjwtty n•e:.
2023
2022
ruds ge￿r￿1 yw SOFA
I￿720)
&278
(2.(PY3}
52,T20
4,185
di*p05aLs.
13

L￿t year
Totsl Fund•
2022
2023
2023
2023
21.368
18.786
40.154
48.936
Rectjgnisd arAI ktsses i*fo
145,870)
(24.502)
16.8501
152.7201
(12.566)
6.278
11.936
55,214
(From)rro unratiited revem*
Ili.Y36)
(15,{￿0)
12.566
12,566
40.154
Flxed u#•t
Totyl
Lut y￿1
Totsl Fund•
2022
2023
2023
2023
AtlAw
Trdmfer Itollfrorn Tevern*
1.11&666
1,116.6f
1,104,&)6
12,060
At 31 March
1.116.666
1.116.666
1.116.666
Totsl
Lut Y•ar
Total Fun
De•l8Ut•d fuYd•
2023
2023
2023
2022
{12.566)
L12.566>
1.116.666
40.154
l.l16,666
Fixed asset fiLt#b
i.ii&f/
Totsl
11566
1.111666
1.104.1(
1,156,820
14

BLACK Ik MINORrrY rrHNIC COMMUNrrY PARTNERSHIP
Compw)ie• Art 2(1)6
2023
2022
J.4YI
92.432
7&231
Ir*ere3t r￿e1￿•b
124.229
158.078
124,229
138.078
123,374
50,226
112,252
14,192
1,271
4,085
IT*T£St payabk
2.349
176.949
131.800
(52.720)
6.278
(52,720)
6,278
52,720
6,278
15

IA
2023
2022
Fixed uiefl
assets
1,13&7(
1.188.926
tkiKoT5
Cash at bank tn
6.820
13.520
10.6W2
14.185
wlthkn one y￿r
io
25,9J3
{16,943)
Net eurrent a•••ty
11.748
23.397
1.126,
1.212,323
Net
re than 01￿ year
122.8521
{55.5031
The totsl Aet 4••et• of tbe
i.io£ioo
1.156,820
The total net u•et• oe ¢he ¢knty •Te by the f4nd• of the ¢hTty. u folb)w•:.
12
12
1&786
1.11&666
Restrthl Fiyed A$$et FuThb
1.11&666
i.ii&(
1.135.452
12
21J68
1115EOI
21.368
D•8*n•t•d
1.104.100
1.156.820
16

2(K)6 wffh respect to accouthirg Yecords arxl PW*Tat￿n ofarn.
The fjJMKial statrmrn have i*en pryarEd in aLroTda￿e wmh pr￿m)n$ iD Part 15 of d* cornFq￿ Aa
2[￿ atoiubk $uiryeLt Small compan*s Tegu
TTU5tee
by tl* Eoard of
06 November 2023
17

NOTES TO THE FINANCIAL STATEMENrs
FOR THE YEAR ENDED 31 MARCH 2023
The financial statements have been prepared in accordance with the charities SORP IFRS
102) - Accountsng and Reporritig by CbaTitie& Statement of Recommended Prartice
pplicable to cE￿ities preparing their accounts ID accordance vrith the Financial
Reporring StandaTd applicable in the UK and Republic of Ireland IFRS 102) (effecuve I
January 2015). the FiDancial ReFK)rting Standard applicable in the UK and Republic of
Ireland (FRS 102 and the Chariues Act 2011.
The fu￿nCIal Statements have been prepared to give a true and fair view ana have
departed from the Chariries (Accounts and Re￿rts) Regu]ations 2(X)8 only to the extent
Tequired ￿ provide a true and Fair view. Thi5 depamire has involved following the
Charities SORP {FRS 1021 published on 16 july 2014 rdther than the Accounting and
Reporting by Chariues Statement of Recommended Practice effective from l April 2LX15
which sitice been withdrdw
Black and Minoriry Ethnic Community Partnenhip meet the definition of public benefit
entiry under FRS 102. Assets and liabilities are initially recognised at historical cost or
transaction value unless otherwise 8[a￿d in the relevant accountin8 p)licy.
All income is recognised once the Chariry has enridement to the income. It ts probable
that the income will be received. and the amount of income measured reliably.
Income tax recoverable in relation to invernent income is recOgnis￿ at the ume the
investment income is receiv4ble.
13
Expenditure is recognised once there is * leg41 or con8tnLthve obligation to transfer
economic benefit to a third parry. It is probable that a transfer of economic benefits will
be required in se¢dement and the amount of tbe obligation can be measured Teliably.
Expendirure is classified by activity. The costs of eacb activity are made up of the total
direct costs and shared costs, including suppon COSES involved in undertaking each
ctivity. Direct costs atttibutable to a sm8le activiry are allocated directly to that aetivity.
Shared c(6rs which cor￿Ab￿te to more tlwi one artivity and support costs which are not
atttibuiable 10 a single activiry are 3ptK)ttioDed between those activitie5 ou a basis
consisieni with the use of resources. Central staff costs are allocdted on the knis of time
spent. and depreciation charges all￿ated on the tx)rtion of asset's use.
18

Expenditure on charitable aetivtties in inCUTred on directly undertaking the actsvities
which funher the Chariry s objecuyes. as well as any asscKiated support cosrs.
Grants payable are charged in the year when the offer is made excepr in those cases where
the offer is conditional, such grants being recognIs￿ as expenditure when the conditions
attachin8 are h￿filled. Grants offered subject to conditions whith bave not been met at
the year-end are noted as a commitmenL but not accrued as e￿ndi￿re.
All expenditure i8 indusive of irrecoverabk VAT.
InrereBt on funds held on deposit is included when receivable and the amount can be
measured reliably by the Charity. this is normally upon notification of the ititerest paid or
payable by the institullon with whom the funds are dep￿lEed.
Tangible fixed assets are initially recognised at cost. After recognition under the cost
model. tangible fixed asyet3 are measured at cost less accumulated depreciation and any
accumulated impairment la￿s. All ¢￿ts incurred to brin8 a tangible fixed asset into irs
intended working condition 8hould be included in the JDea3urement of cost.
Depreciation is charged so as to alloca¢e the C(￿ of tan8ible f￿d assets less their residual
value over their estimated useful lives.
Depreciation t8 provided on the ftillowing bases:
Freehold property
. not depreciated
Lon8 (erni leasehold property
- IIKI years
Fixtures and Fillin8S
Office Equipment
- 7 years
1.6 Det*ty8
Trade and other debtors are recognised at the settlement amount after any trade di8couni
offered. Prepaymenrs are valued ar the amount prepaid net of any trade discounts due.
1.7 C4•h 4c and inhaod
Cash at bank and in h8nd indudes cash wxl Short terni Wy liquid investments a
short maturiry of three moDths or Itss from tbe date of acquisitton or opening or similar
accotmt. .
Liabilities are recognised when there is an obli8ation at the Ba]ance Sheet date as a result
of a past event. it is probable that a transfer of economic benefit will be required i
settlement. and the amowir of the setdement can Ee estimated reknbly.
19

Liabilities are recognised at the amount that the Chariry anticipated it will pay to settle
the delx or the amount it has received as advanced payments for the gl￿dS or seryices it
must provide.
Provisions are measured at the best estimate of the gmounts required to settle obligation.
Where the effert of the time is roaterial. the provision is based on the present value of
those arnounts. discounted at the pre-tax dis￿Unt rate that reflects the risks specific Lo the
kiabiiiry. The unwinding of the discount is recognis￿ in the Statement of Financial
Activities as a finance COSL
General fi￿dS are Unrestricted funds which are avai]able for use at the discretion of the
Trustees in furtherance of the general objective8 of the Charity and which have nor been
designated for other purposes.
Designated funds comprise unrestricied funds thai have been set aside by the Trustees fur
particular purpises. The aim and u% of each designated fimd is 8e¢ our in the notes to the
financial sutemeDrs.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by the donors or which have been raised by the Charity for partiollar purposes.
The cosrs of rdising and administering such funds are char8ed a8ainsr the specific fund.
The aim and use of each restricted fund 1$ ser out in the no￿ to the financial Statements.
Investmen¢ income. gal￿ and Ic8ses are aULra¢ed to the appropriate fund.
Unre5tik-ted Re5tiktrd Totsl Fund• Totsl FuTrls
2023
2023
2022
18,928
18,928
44.525
55.290
44,525
20.498
24.998
fa.453
20

UrfftstrKttd Restriicd Totsl FllT#b Torai Funds
2023
2022
5.4W
1.3
5.4
5.499
1,390
2023
2022
Property Rer*al Ir
432
92.432
54
73.231
92.486
73.235
UnrY¥trKted Rt8trTh1 Toul Fllnd• Totsi
Fu
2023
2023
2023
2022
Gr￿$ w4¢$ •ol s•kns . ¢hr48b
25.213
33.618
40,536
5fy)
16.498
16,498
27,705
OthEr proi&ts . $ewti% grp. wol
RefuTd
36.859
27.548
939
Li8ht aTrJ p)wer
21.105
21.105
9.236
3.626
7,r*7
7,750
21

TekpFKTrT￿. tax d￿j ijxen
Pcstsge
3.IW2
3.192
2.359
137
Hire of
1,120
589
1.823
569
Httkh saftty
1.365
547
1,612
547
1.612
Adjnll) costs
IT Swn crnt
8W
&747
.747
2.838
SCI)
CoJBthYKy feel
1.752
1.752
Bank tk¥8
242
2,349
1.226
242
2.349
50.226
4.085
14,192
111.742
111.742
52.896
111.742
111.742
52.896
Futkb
2023
2023
2022
271
1,271
U]trestriYed Restrtsj Total Fvzth Total Fu
2023
2022
T(xal dttEct
Tcrtal supp)rt c(L4ts
.859
111,742
27.348
64.207
111.742
77,633
52.896
1271
I49.￿1
27.348
176.949
131,8(Kl
22

S•&ry
2023
2022
33.618
40.536
Empbyds operdtir¥ of defff*d
837
Total 8knieJ. wA8tt 4na Te]ated ¢o•ts
34.455
40,836
Lo
Lea•ehoJd & Fl%turu &
Impro￿ *)
CNt
At l Aprll 2022
1,237.727
1.261.212
At 31 March 2023
1,237.727
5.468 1.261.212
At l Apnl 2022
Clwge for & year
72,286
50,226
49,870
AI 31 MAreh 2023
99,739
122.512
Net book v41ue
At 31 M￿Ch 2023
1.137.988
1,138,700
At 31 March 2022
1,187,858
1.188.926
2023
2022
Trade dei*0
13,975
6,820
(10,482)
3,493
6.820
23

A￿1# of cuh •rd ¢￿h equiv•
2023
2022
Ca8h in baTrl at for year etKled 31 March 2(r13
10.692
33.520
Totsl cuh and cuh equiv
10.692
33,520
io.
2023
2022
Trade cr*JitoYs
13,468
6. 197
6,268
2,158
5,786
25,933
16.943
ii.
2023
2022
55,503
Ai 31 Mueh202S
Tangtsk Fiyd As8eis
Currert Assets
1,11&666 1. 138.700
14.185
L25.933)
C22.852)
14,185
125.933)
{22.8521
Lorg Terni Lialthes
12,566
1.116.666 1,104.100
At l APAI 2022
Tangbk Fixed A%sets
Currerrt AsseL8
72.260
21.554
(16,943)
(55,5Q3)
1,116,666 1.188.926
18.786
40.340
06,943)
(55.503)
LOD8 Term Liablltt
21.368 1.135,452 1.156.820
There is no Related Parry trartsacrion to be disdosed for the ye4r 2022r23 and preceding
year 2021r21
There is no P￿ Imlance 5iieet event to be disCk￿d for the year 2022r23 and preceding
ye3r 2021r22.
24