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2021-03-31-accounts

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

Company Registration No. 04615676 (England and Wales) Charity Registration No. 1098088

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees H Rahman
D Hussain
H Miah
J Begum Ali
M Islam
M Azad
Charity number 1098088
Company number 04615676
Principal address 31 Cornwall Road
Bradford
BD8 7JN
Registered office 31 Cornwall Road
Bradford
BD8 7JN
Independent examiner Alison Whalley FCA
Naylor Wintersgill Limited
Carlton House
Grammar School Street
Bradford
BD1 4NS
Bankers National Westminster Bank Plc
1 Market Street
Bradford
BD1 1EG

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

CONTENTS

Page
Trustees report 1 - 5
Independent examiner's report 6
Statement of financial activities 7
Balance sheet 8
Statement of cash flows 9
Notes to the financial statements 10 - 23

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021

The Trustees present their report and financial statements for the year ended 31 March 2021.

The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's Memorandum and Articles of Association , the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 201 9 )”

Objectives and activities

To advance the education of the inhabitants of Bradford, particularly the Bangladeshi Community and other ethnic minorities including provision of vocational training in the order to improve employment opportunities.

To provide or assist in the provision of facilities for recreation or other leisure time occupation in the interests of social welfare particularly for young people and the elderly who are in need of such facilities with the object of improving their conditions of life.

To provide or assist in the provision of facilities for recreation or other leisure-time occupation with the object

of improving the conditions of life or the said person.

The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. BEAP's aims and objectives are for the betterment of quality of life for local residents in Bradford, in particular the Bangladeshi community. Our services meet the 2 principles of public benefit as stated by the Charity Commission.

There are clear tangible benefits from the projects and services that BEAP delivers.

Achievements and performance

2020-21 has been an incredible year with most of our core services on hold due to the Covid 19 pandemic.

However, the BEAP team has delivered a number of covid related projects from food parcels to online exercise sessions and online coffee mornings!

Despite the challenges, our flagship capital project ‘The Midland Road Sport Complex’ was still going ahead with its feasibility developmental stage. Although, the project will sit with the local authority, BEAP will be the lead organisation going forward.

Some of the projects delivered are mentioned below.

Improvement to BEAP Facilities

Over Covid, BEAP through the Government Interruption Grants took the opportunity to improve our facilities by improving our toilets facilities and create a new youth & community hub area. We also improved access to our building, installed CCTV, new fire alarm system and improved security to our facility. With covid in mind, we also improved our reception area and entry/buzzer system.

Midland Road Sport Complex Feasibility

Funded by Power to Change Development Grant & Football Foundation Grant. BEAP was provided Business Development support as part of the our resilience review. The support grants provided support with VAT advice, Business Plan, financial planning and also provide a new website & online booking portal.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

A4A Intergenerational Project

Our intergenerational project which consisted of multi-activities brought young people aged 14 -18 and older adults aged 55+ together in central Bradford to share skills and experiences over 36 weeks. Due to covid these were online at the latter stage of the project.

Older people & Sports

Initially the project was intended to be swimming sessions but due to Covid and with swimming pools being closed this was changed to multisport sessions. In addition, we provided nutritional foods at the end of each session

Older People Health and Wellbeing project / Day Centre Project

Our day activities service for older men & women from the South Asian community, provides a much need service which address social isolation & physical activity needs as well supporting older people with mild mental health issues. Our befriending support service provides much needed information to lead a better quality of life. Due to Covid and the high risk to older people

Finding your Footing

We delivered a physical activity programme utilising the power of sport to empower young people to help develop confidence, resilience and life skills, in order to increase attainment and access to educational learning opportunities within the world of work/school. Due to covid we’ve had to deliver this online on the latter stage of the project.

Connecting the disconnected through employment

We provided support to BAME unemployment people through CV writing, job search and volunteering opportunities. One to one support and tailored employment support to individuals seeking to get back into work. This service was severely impacted by Covid, although online sessions were provided, employment & training opportunities for participants were severely restricted.

Dames and Rackets

Our Dames and Rackets programme delivered by female staff members was very successful. The project focused on three main sports, tennis, football and netball, as requested by our target group. The key focus was on improving participants confidence, self-esteem and self-worth, whilst upskilling them key life skills such as leaderships skills, time management skills, organisational and interpersonal skills.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Fans For Diversity Fund

The project to engage with fans and increase more fans from diverse communities for Bradford City FC was on hold due to Covid 19.

Ready Set Play

Our early years project ensures our children have the best start in life, improve the lifestyle at home as a family as well as the children’s education at school. Delivering a number of activities such as children ready sessions, HENRY, lads and dads sessions and community parent forums. Due to covid, our sessions moved to online and our services have been restricted.

Active Families project

We delivered a number of multi sports activities engaging families from the Manningham area. Families engaged in a number of sports ranging from football, cricket, tennis and badminton. The project is led by Asian Sports Foundation which is funded through Sports England.

Sports Hall Activities & BEAP Building

Due to Covid 19 and government restrictions meant our sports hall was closed throughout the pandemic. Sport England Emergency Fund & Power to Change Emergency fund provided much needed funds to sustain our sports hall and pay fixed costs.

The Resilience Fund also supported BEAP to cover existing project and organisational development activity and current running costs.

Holiday Activity and food programme

We provided holiday activities to children & young people such as multisport activities and food in a safe environment. Due to Covid, numbers were restricted and outdoor activities were reduced.

Ready Steady Cook was a holiday programme for children aged 5-8 years old and their families. The project consisted of a range of sporting activities led by our qualified coach, who has the expertise and knowledge, to ensure well organised and enjoyable sessions, followed by a nutritional lunch.

BEAP Covid 19 response

BEAP delivered weekly meals on wheels service – offering nutritional hot food to our most at risk groups; - Providing telephone befriending to individuals who live on their own and have lost vital social connections due to the “lockdown”.

The service also provide access to health screening; access to legal advice, benefits and employability advice and signposting services online.

Race Equality Network Covid Response

Being an anchor organisation, we provided covid awareness messages to the South Asian community. This was done through short videos, newsletters, online and our telephone support. We provided Covid test kits to the community and signposted to vaccination centres in Bradford.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Manningham Housing Project

We provided online healthy eating sessions & online coffee mornings/mindset coaching sessions to South Asian women. The sessions addressed isolation and loneliness.

Youth Inspiring Futures

The aim will be to use sport to break down the barriers faced by BAME young people in Manningham and inspire, motivate and build their skills and aspiration. Due to covid this project was delayed.

Cleaner Streets Initiative

Our project provided the means to engage young people and address issues such as flytipping and community cleaning issues. Together with council department this project provided a platform.

Fundraising

Section 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising activities. The legislation defines fundraising as ‘soliciting or otherwise procuring money or other property for charitable purposes’. The charity does not actively raise funds from the public either directly or via use of an agent, accordingly no such amounts are presented in the financial statements for the year under review. The charity has received no complaints in relation to fundraising activity for the year under review.

Given the nature of the funding of the charity the Trustees consider that it remains appropriate not to be voluntarily bound to be regulated by the Fundraising Regulator.

Financial review

Income for the year amounted to £518,073 (2020 £209,584), with expenditure amounting to £208,039 (2020 £248,487) leaving a net income of £310,034 (2020 net expenditure £38,903).

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month s ’ expenditure , £51,000 to £102,000 . The Trustees considers that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. With unrestricted funds of £130,036 at 31 March 2021, t his level of reserves has been reached.

The Trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Structure, governance and management

The charity is a Private Limited Company without share capital incorporated on 12 December 2002, number 04615676. It was registered as a charity in England and Wales on 19 June 2003, number 1098088.

The Trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

H Rahman

D Hussain

H Miah

J Begum Ali M Islam M Azad

At each Annual General Meeting one third of the trustees retire by rotation and subject to eligibility may be reelected. New trustees must have been members of BEAP for at least two years and are selected via interview with the existing board. Training is provided through mentoring by longer serving trustees.

None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of a winding up.

Indemnity insurance amounting to £nil was paid in the year, (2020 £490).

BEAP Trustees have complied with duty as outlined by the 2006 charities Act. A dedicated trustee has been responsible for presenting up to date information to the board in regards to Charity Commission Guidance, Public Benefit.

A dedicated trustee has also been responsible for looking at risk assessments and health and safety whilst delivering BEAP activities.

The Charity is run by the trustees as listed on the legal and administrative information page.

The Trustees r eport was approved by the Board of Trustees.

H Rahman Trustee Dated: 30 December 2021

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF BEAP

I report to the Trustees on my examination of the financial statements of BEAP (the charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the Trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act) . In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Alison Whalley FCA Naylor Wintersgill Limited Carlton House Grammar School Street Bradford BD1 4NS

Dated: 30 December 2021

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted
Restricted
funds
funds
2021
2021
Notes
£
£
Income from:
Donations and legacies
3
110,089
339,358
Charitable activities
4
28,622
40,000
Investments
5
4
-
Total income
138,715
379,358
Expenditure on:
Charitable activities
6
40,816
167,223
Net income/(expenditure)
for the year/
Net movement in funds
97,899
212,135
Fund balances at 1
April 2020
32,137
30,850
Fund balances at 31
March 2021
130,036
242,985		 TotalUnrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
449,447
4,962
134,782
68,622
29,818
40,000
4
22
-
518,073
34,802
174,782
208,039
67,062
181,425
310,034
(32,260)
(6,643)
62,987
64,397
37,493
373,021
32,137
30,850		 Total
2020
£
139,744
69,818
22
209,584
248,487
(38,903)
101,890
62,987

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Fixed assets
Tangible assets
11
Current assets
Debtors
12
Cash at bank and in hand
Creditors: amounts falling due within
one year
13
Net current assets
Total assets less current liabilities
Income funds
Restricted funds
15
Unrestricted funds		 2021
£
51,680
352,546
404,226
(45,961)		 £
14,756
358,265
373,021
242,985
130,036
373,021		 2020
£
-
55,458
55,458
(3,522)		 £
11,051
51,936
62,987
30,850
32,137
62,987

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2021.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 30 December 2021

H Rahman

Trustee

Company Registration No. 04615676

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021

Notes
Cash flows from operating activities
Cash generated from/(absorbed by)
operations
20
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash used in investing activities
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2021
£
(12,033)
4		 £
309,117
(12,029)
-
297,088
55,458
352,546		 2020
£
(554)
22		 £
(29,812)
(532)
-
(30,344)
85,802
55,458

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

Charity information

BEAP is a private company limited by guarantee incorporated in England and Wales. The registered office is 31 Cornwall Road, Bradford, BD8 7JN.

1.1 Accounting convention

The accounts have been prepared in accordance with the charity's Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling , which is the functional currency of the charity . Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

The trustees do not consider the Covid-19 pandemic to have created a material uncertainty in relation to the going concern of the company.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Incoming resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Resources expended

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Support costs have been allocated to activity costs on an actual cost basis, plus a contribution to core costs if funds are available.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Leasehold improvements 10% straight line Fixtures and fittings 50% straight line Computers 50% straight line Motor vehicles 25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income/(expenditure) for the year.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any ) .

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity 's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity ’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2021
2021
£
£
Donations and gifts
560
-
Grants listed below
109,529
339,358
110,089
339,358
Grants receivable for
core activities
Manningham Housing
Association
-
1,184
Bradford Council
65,595
71,700
Bradford Council - Older
People
-
30,000
Awards for All
-
-
Sport England
8,750
-
Church Urban
-
4,500
Near Neighbours
-
17,035
Postcode Community
Trust
-
18,300
Give Bradford & Leeds
Community Foundation
-
53,696
Asian Sports
-
8,500
Cnet
-
-
ESF
-
-
Football Foundation
-
-
Grange Interlink
-
-
Groundworks
-
-
Power to Change
-
84,500
Tampax Tax Fund
-
-
The Football Supporters
Association
-
1,750
Transforming Lives
-
3,365
WYCA
-
-
HM Government and
The National Lottery
Community Fund
-
42,828
Sporting Equals
-
2,000
Job Retention Scheme
35,184
-
109,529
339,358		 Total Unrestricted
Restricted
funds
funds
2021
2020
2020
£
£
£
560
462
-
448,887
4,500
134,782
449,447
4,962
134,782
1,184
-
-
137,295
4,500
-
30,000
-
30,000
-
-
9,020
8,750
-
-
4,500
-
4,000
17,035
-
-
18,300
-
-
53,696
-
15,648
8,500
-
17,100
-
-
1,750
-
-
8,886
-
-
20,000
-
-
(4,951)
-
-
7,831
84,500
-
13,138
-
-
8,000
1,750
-
700
3,365
-
2,000
-
-
1,660
42,828
-
-
2,000
-
-
35,184
-
-
448,887
4,500
134,782		 Total
2020
£
462
139,282
139,744
-
4,500
30,000
9,020
-
4,000
-
-
15,648
17,100
1,750
8,886
20,000
(4,951)
7,831
13,138
8,000
700
2,000
1,660
-
-
-
139,282

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

4 Charitable activities

Unrestricted Restricted
2021
2021
£
£
Sports Hall hire
180
-
Services provided
under contract
15,000
-
Performance related
grants
-
40,000
Nursery rental and
contribution to costs
13,442
-
28,622
40,000
Analysis by fund
Unrestricted funds
28,622
-
Restricted funds
-
40,000
28,622
40,000
Performance related grants
Ready, Set, Play
-
40,000
-
40,000		 Total
2021
Unrestricted Restricted
2020
2020
£
£
£
180
22,618
-
15,000
-
-
40,000
-
40,000
13,442
7,200
-
68,622
29,818
40,000
28,622
29,818
-
40,000
-
40,000
68,622
29,818
40,000
40,000
-
40,000
40,000
-
40,000		 Total
2020
£
22,618
-
40,000
7,200
69,818
29,818
40,000
69,818
40,000
40,000

5 Investments

Unrestricted Unrestricted
funds
funds
2021
2020
£
£
Interest receivable 4
22

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

6 Charitable activities

Activities
and Advice
2021
£
Staff costs
26,282
Project costs
20,736
Activities and resources
-
Minibus and travel
3,830
Midland Road Sports Complex
14,749
65,597
Share of support costs (see
note 7)
57,874
Share of governance costs
(see note 7)
1,560
125,031
Analysis by fund
Unrestricted funds
40,816
Restricted funds
84,215
125,031		 Sports Early Years
C ovid
Support
2021
2021
2021
£
£
£
-
-
35,184
12,565
8,372
14,887
-
-
-
-
-
-
-
-
-
12,565
8,372
50,071
-
12,000
-
-
-
-
12,565
20,372
50,071
-
-
-
12,565
20,372
50,071
12,565
20,372
50,071		 Total
2021
Activities
and Advice
2020
£
£
61,466
4,261
56,560
45,876
-
13,619
3,830
3,956
14,749
53,962
136,605
121,674
69,874
35,956
1,560
1,930
208,039
159,560
40,816
65,947
167,223
93,613
208,039
159,560		 Sports
Health
Promotion
Early Years
2020
2020
2020
£
£
£
3,689
23,594
21,375
10,151
300
15,599
-
-
-
-
-
-
-
-
-
13,840
23,894
36,974
6,205
4,484
3,530
-
-
-
20,045
28,378
40,504
611
-
504
19,434
28,378
40,000
20,045
28,378
40,504		 Total
2020
£
52,919
71,926
13,619
3,956
53,962
196,382
50,175
1,930
248,487
67,062
181,425
248,487

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

7 Support costs

Support
costs
Governance
costs
£
£
Depreciation
8,328
-
Rent and rates
4,807
-
Utilities
3,303
-
Insurance
1,872
-
Staff travel and
communication and
training
3,265
-
Repairs and renewals
31,648
-
Telephone
934
-
Computer costs
1,538
-
Print, postage and
stationery
3,268
-
Su ndry
3,898
-
Professional and
consultancy fees
7,013
-
Indemnity insurance
-
-
Independent
examination
-
1,560
69,874
1,560
Analysed between
Charitable activities
69,874
1,560		 2021
Support
costs
Governance
costs
£
£
£
8,328
5,336
-
4,807
9,848
-
3,303
2,475
-
1,872
2,873
-
3,265
1,110
-
31,648
17,807
-
934
898
-
1,538
1,028
-
3,268
4,243
-
3,898
1,582
-
7,013
2,975
-
-
-
490
1,560
-
1,440
71,434
50,175
1,930
71,434
50,175
1,930		 2020
£
5,336
9,848
2,475
2,873
1,110
17,807
898
1,028
4,243
1,582
2,975
490
1,440
52,105
52,105

Costs are allocated directly to early years. All other costs are classed as activities and advice.

Governance costs includes payments to the a ccountants of £ 1,560 for independent examination fees (2020- £1,440).

8 Trustees

None of the Trustees (or any persons connected with them) received any remuneration , benefits or expenses from the charity during the current or previous financial year.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

9 Employees

The average monthly number of employees during the year was:

2021 2020
Number Number
6 5
Employment costs 2021 2020
£ £
Wages and salaries 60,636 51,111
Social security costs - 364
Other pension costs 830 1,444
61,466 52,919

No employee earned more than £60,000 during the current or previous financial year.

10 Taxation

As a charity the company is exempt from tax on income falling within part II of the Corporation Tax Act 2010 and on gains falling within s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objectives. No tax charges have arisen in the charity.

11 Tangible fixed assets

Fixtures and
fittings
Computers Motor
£
£
Cost
At 1 April 2020
40,942
12,283
Additions
7,380
4,653
At 31 March 2021
48,322
16,936
Depreciation and impairment
At 1 April 2020
30,965
11,775
Depreciation charged in the year
7,240
663
At 31 March 2021
38,205
12,438
Carrying amount
At 31 March 2021
10,117
4,498
At 31 March 2020
9,977
508		 vehicles
£
1,700
-
1,700
1,134
425
1,559
141
566		 Total
£
54,925
12,033
66,958
43,874
8,328
52,202
14,756
11,051

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

12 Debtors

Amounts falling due within one year:
Prepayments and accrued income
13
Creditors: amounts falling due within one year
Notes
Other taxation and social security
Deferred income
14
Other creditors
Accruals
14
Deferred income
Grants received in advance
Deferred during the year		 2021
£
51,680
2021
£
1,739
39,930
2,732
1,560
45,961
2021
£
39,930
39,930
39,930		 2020
£
-
2020
£
-
-
-
3,522
3,522
2020
£
-
-
-

Deferred income relates to grants where the recognition criteria have not yet been met.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

15 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Movement in funds Movement in funds Movement in funds Movement in funds
Balance at Incoming Resources Balance at Incoming Resources Balance at
1 April 2019 resources expended 1 April 2020 resources expended
31		 March 2021
£ £ £ £ £ £ £
Activities and
Advice 12,506 48,601 (31,152) 29,955 177,406 (126,804) 80,557
Sports and
Education - 32,030 (20,632) 11,398 12,000 (12,000) 11,398
Health 9,917 21,013 (28,120) 2,810 - - 2,810
Early Years 7,612 40,000 (40,000) 7,612 40,000 (20,372) 27,240
Fixed assets 7,458 - (3,891) 3,567 - (3,567) -
Midland
Road Sports
Complex - 33,138 (57,630) (24,492) 120,000 (4,480) 91,028
Covid
Support - - - - 29,952 - 29,952
37,493 174,782 (181,425) 30,850 379,358 (167,223) 242,985

Activities and advice were funded by:Bradford Metropolitan District Council Give Bradford and Leeds Community Foundation ESC Lottery fund Manningham Housing Association Postcode Community Trust Power to Change Reaching Communities The Football Supporters Association The Church Urban Fund Transforming Lives These covered a range of activities for holidays, online cook and eat projects, Multi sports activities for the young, food for vulnerable families, older people online emotional support and covid support.

Sports activities were funding by Asian Sports Fund for the Active Families Project and TFSA for the development of a fan zone in the sports hall. Early Years was funded by Bradford Council.

The refurbishment of the Midland Road Sports Complex has been funded by Bradford Metropolitan Council and Power to Change.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

15 Restricted funds

(Continued)

For the prior year:-

Activities and advice have been funded by ABCD, Groundworks, Awards for All and Bradford Council. The funds cover wellbeing, employment support and older people welfare.

Sports has been funded by West Yorkshire Tampax Tax, Bangla Bantums,Sports England, Manjit Wolstenholme Fund and Near Neighbours.

Health has been funded by Active Families, Grange Interlink,CAF, Health holidays and High Sheriff. Early Years has been funded by Bradford Council.

Midland Road Sports Complex relates to funding to develop a Sports Complex at Midland Road. The deficit on this fund is expected to be covered by grant funding which the recognition criteria have not yet been met.

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

16 Funds

Funds
Balance at 1 Incoming Resources Transfers Balance at 1 Incoming Resources Transfers Balance at 31
April 2019 resources expended April 2020 resources expended March 2021
£ £ £ £ £ £ £ £ £
General funds 64,397 34,802 (67,062) - 32,137 138,715 (40,816) - 130,036
Restricted funds 37,493 174,782 (181,425) - 30,850 379,358 (167,223) - 242,985
101,890 209,584 (248,487) - 62,987 518,073 (208,039) - 373,021

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

17
Analysis of net assets between funds
Unrestricted
Funds
Restricted
Funds
2021
2021
£
£
Fund balances at 31
March 2021 are
represented by:
Tangible assets
14,756
-
Current assets/
(liabilities)
115,280
242,985
130,036
242,985		 Total Unrestricted
Funds
Restricted
Funds
2021
2020
2020
£
£
£
14,756
7,484
3,567
358,265
24,653
27,283
373,021
32,137
30,850		 Total
2020
£
11,051
51,936
62,987

DocuSign Envelope ID: 96CA5420-67C5-4C10-97EB-3C3306BB57EA

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

18 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years
In over five years		 2021
£
4,390
17,560
61,460
83,410		 2020
£
4,390
17,560
65,850
87,800

19 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2021 2020
£ £
Aggregate compensation 29,636 28,511

No other transactions with related parties have taken place during the current or previous financial year which require disclosure.

20
Cash generated from operations
Surplus/(deficit) for the year
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Increase in deferred income
Cash generated from/(absorbed by) operations
21
Analysis of changes in net funds
The charity had no debt during the year.		 2021
£
310,034
(4)
8,328
(51,680)
2,509
39,930
309,117		 2020
£
(38,903)
(22)
5,336
12,106
(8,329)
-
(29,812)