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2022-03-31-accounts

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

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

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

CONTENTS

Page
Trustees report 1 - 3
Independent examiner's report 4
Statement of financial activities 5
Balance sheet 6
Statement of cash flows 7
Notes to the financial statements 8 - 21

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2022

The Trustees present their annual report and financial statements for the year ended 31 March 2022.

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 2019)”

Objectives and activities

To advance and deliver community projects based around education, health, sports, environment, and charitable needs.

To focus on meeting the needs of local people and to help the community to form action for positive change.

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

2021-22 was an incredible year with most of our core services restarting due to the Covid 19 pandemic.

The BEAP team has delivered a number of covid related projects

Despite the challenges, our flagship capital project ‘The Midland Road Sport Complex’ was on the way with works started

Some of the projects delivered are mentioned below

Midland Road Sports Complex

In Partnership with Bradford Council, the new development ‘Midland Road Sports Complex’ has been taking shape, making good progress. The new scheme would see the refurbishment of the existing sports hall, a new pavilion building with changing rooms, a café and a new synthetic 4G football pitch. BEAP will manage this facility and engage with the local community to increase active participation in sports & exercise.

Sports Hall Activities & BEAP Building

Due to Covid 19 and government restrictions meant our sports hall was closed throughout the pandemic and we have now started to open. It was a slow start.

Holiday Activity and food programme

We provided holiday activities to children & young people such as multisport activities and food in a safe environment.

Our 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.

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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.

A 12 week online healthy cook & eat session for older people and vulnerable families. Engaging with vulnerable families in the Manningham area of Bradford.

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

Project – Covid 19 project, BEAP Resilience

Covid 19 project to improve IT equipment, upskill staff and review BEAP governance documents.

Men Reaching Out

Male Domestic Abuse provision which specialises in supporting South Asian men. The MRO service provides a telephone helpline, 1 to 1 support and a peer support group.

Healthy Holiday Activities

We delivered activities for vulnerable children and their parents within the local area of Manningham Bradford. The sessions took place across the summer holidays, Christmas holidays and Easter holidays. In addition we provided nutritional foods at the end of each session.

We provided cook meals to children during the holiday period.

Household Support Fund

We provided monthly food parcels to vulnerable families and older people in the manningham area of Bradford. Cooked meals were also provided to older people who would struggle to cook healthy meals.

Bradford fund Resilience Fund – LCF

To help support with core running costs for BEAP during COVID 19 and delivery of food provision activity. Developing a marketing strategy for the new BEAP Midland Road Sports Complex.

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.

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

Financial review

Income for the year amounted to £569,674 (2021 £518,073), with expenditure amounting to £524,991 (2021 £208,039) leaving a net income of £44,683 (2021 net income £310,034).

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 months’ expenditure, £131,000 to £262,000. 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 £253,929 at 31 March 2022, this level of reserves has been reached.

The Trustees have 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.

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, (2021 £nil).

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 report was approved by the Board of Trustees.

H Rahman Trustee Dated: 16 February 2023

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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 2022.

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: 16 February 2023

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022

Unrestricted
Restricted
funds
funds
2022
2022
Notes
£
£
Income from:
Donations and legacies
3
70,892
445,781
Charitable activities
4
52,998
-
Investments
5
3
-
Total income
123,893
445,781
Expenditure on:
Charitable activities
6
-
524,991
Net income/(expenditure) for
the year/
Net movement in funds
123,893
(79,210)
Fund balances at 1 April 2021
130,036
242,985
Fund balances at 31 March
2022
253,929
163,775		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
516,673
110,089
339,358
52,998
28,622
40,000
3
4
-
569,674
138,715
379,358
524,991
40,816
167,223
44,683
97,899
212,135
373,021
32,137
30,850
417,704
130,036
242,985		 Total
2021
£
449,447
68,622
4
518,073
208,039
310,034
62,987
373,021

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

BALANCE SHEET

AS AT 31 MARCH 2022

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		 2022
£
18,000
413,359
431,359
(22,550)		 £
8,895
408,809
417,704
163,775
253,929
417,704		 2021
£
51,680
352,546
404,226
(45,961)		 £
14,756
358,265
373,021
242,985
130,036
373,021

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 2022.

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 16 February 2023

H Rahman

Trustee

Company registration number 04615676

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022

Notes
Cash flows from operating activities
Cash generated from 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 in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2022
£
(2,000)
3		 £
62,810
(1,997)
-
60,813
352,546
413,359		 2021
£
(12,033)
4		 £
309,117
(12,029)
-
297,088
55,458
352,546

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

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 amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. 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.

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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 the statement of financial activities.

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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 payments 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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2022
2022
£
£
Donations and gifts
465
-
Grants listed below
70,427
445,781
70,892
445,781
Grants receivable for
core activities
Manningham Housing
Association
-
400
Bradford Council
19,941
105,415
Bradford Council - Older
People
-
30,000
BBC Children in Need
-
39,930
Henry Smith Foundation
-
22,500
Sport England
-
95,000
Church Urban
-
-
Near Neighbours
-
-
Postcode Community
Trust
-
-
Give Bradford & Leeds
Community Foundation
-
10,000
Asian Sports
-
-
Yorkshire Cricket Club
-
2,536
Power to Change Capital
-
140,000
Power to Change
36,000
-
The Football Supporters
Association
-
-
Transforming Lives
-
-
HM Government and The
National Lottery
Community Fund
-
-
Sporting Equals
-
-
Job Retention Scheme
14,486
-
70,427
445,781		 Total Unrestricted
Restricted
funds
funds
2022
2021
2021
£
£
£
465
560
-
516,208
109,529
339,358
516,673
110,089
339,358
400
-
1,184
125,356
65,595
71,700
30,000
-
30,000
39,930
-
-
22,500
-
-
95,000
8,750
-
-
-
4,500
-
-
17,035
-
-
18,300
10,000
-
53,696
-
-
8,500
2,536
-
-
140,000
-
70,000
36,000
-
14,500
-
-
1,750
-
-
3,365
-
-
42,828
-
-
2,000
14,486
35,184
-
516,208
109,529
339,358		 Total
2021
£
560
448,887
449,447
1,184
137,295
30,000
-
-
8,750
4,500
17,035
18,300
53,696
8,500
-
70,000
14,500
1,750
3,365
42,828
2,000
35,184
448,887

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

4 Charitable activities

Unrestricted
Unrestricted
Restricted
2022
2021
2021
£
£
£
Sports Hall hire
31,998
180
-
Services provided under contract
9,000
15,000
-
Performance related grants
-
-
40,000
Nursery rental and contribution to costs
12,000
13,442
-
52,998
28,622
40,000
Analysis by fund
Unrestricted funds
52,998
28,622
-
Restricted funds
-
-
40,000
Performance related grants
Ready, Set, Play
-
-
40,000
-
-
40,000		 Total
2021
£
180
15,000
40,000
13,442
68,622
28,622
40,000
40,000
40,000

5 Investments

**Unrestricted ** Unrestricted
funds funds
2022 2021
£ £
Interest receivable 3 4

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

Total 2021 £ 61,466 56,560 3,830 14,749 136,605 69,874 1,560 208,039 40,816 167,223
Activities
Sports
Early Years
Covid		 and Advice
Support		 2021
2021
2021
2021		 £
£
£
£		 26,282
-
-
35,184		 20,736
12,565
8,372
14,887		 3,830
-
-
-		 14,749
-
-
-		 65,597
12,565
8,372
50,071		 57,874
-
12,000
-		 1,560
-
-
-		 125,031
12,565
20,372
50,071		 40,816
-
-
-		 84,215
12,565
20,372
50,071
Total 2022 £ 84,931 81,722 6,801 305,000 478,454 44,227 2,310 524,991 - 524,991
Activities
Sports
Covid		 and Advice
Support		 2022
2022
2022		 £
£
£		 41,920
18,011
25,000		 37,217
20,421
24,084		 2,267
2,267
2,267		 305,000
-
-		 386,404
40,699
51,351		 44,227
-
-		 2,310
-
-		 432,941
40,699
51,351		 -
-
-		 432,941
40,699
51,351
Charitable activities Staff costs Project costs Minibus and travel Midland Road Sports Complex Share of support costs (see note 7) Share of governance costs (see note 7) Analysis by fund Unrestricted funds Restricted funds
6

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

7 Support costs

Support
costs
Governance
costs
£
£
Depreciation
7,861
-
Rent and rates
9,106
-
Utilities
3,991
-
Insurance
1,512
-
Staff travel and
communication and
training
80
-
Repairs and renewals
8,673
-
Telephone
932
-
Computer costs
1,190
-
Print, postage and
stationery
4,455
-
Sundry
1,712
-
Professional and
consultancy fees
4,715
-
Independent examination
-
2,310
44,227
2,310
Analysed between
Charitable activities
44,227
2,310		 2022
Support
costs
Governance
costs
£
£
£
7,861
8,328
-
9,106
4,807
-
3,991
3,303
-
1,512
1,872
-
80
3,265
-
8,673
31,648
-
932
934
-
1,190
1,538
-
4,455
3,268
-
1,712
3,898
-
4,715
7,013
-
2,310
-
1,560
46,537
69,874
1,560
46,537
69,874
1,560		 2021
£
8,328
4,807
3,303
1,872
3,265
31,648
934
1,538
3,268
3,898
7,013
1,560
71,434
71,434

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

Governance costs includes payments to the accountants of £2,310 for independent examination fees (2021£1,560).

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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

9 Employees

The average monthly number of employees during the year was:

2022 2021
Number Number
8 6
Employment costs 2022 2021
£ £
Wages and salaries 83,016 60,636
Other pension costs 1,915 830
84,931 61,466

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 vehicles
£
£
£
Cost
At 1 April 2021
48,322
16,936
1,700
Additions
-
-
2,000
Disposals
-
-
(1,700)
At 31 March 2022
48,322
16,936
2,000
Depreciation and impairment
At 1 April 2021
38,205
12,438
1,559
Depreciation charged in the year
4,664
2,556
500
Eliminated in respect of disposals
-
-
(1,559)
At 31 March 2022
42,869
14,994
500
Carrying amount
At 31 March 2022
5,453
1,942
1,500
At 31 March 2021
10,117
4,498
141		 Total
£
66,958
2,000
(1,700)
67,258
52,202
7,720
(1,559)
58,363
8,895
14,756

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

12 Debtors

2022
Amounts falling due within one year:
£
Prepayments and accrued income
18,000
13
Creditors: amounts falling due within one year
2022
Notes
£
Other taxation and social security
1,237
Deferred income
14
19,000
Other creditors
-
Accruals
2,313
22,550
14
Deferred income
2022
£
Arising from government grants
19,000
Grants received in advance
-
19,000
At 1 April 2020
39,930
Deferred during the year
19,000
Released during the year
(39,930)
19,000		 2021
£
51,680
2021
£
1,739
39,930
2,732
1,560
45,961
2021
£
-
39,930
39,930
-
39,930
-
39,930

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

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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 2020 resources expended 1 April 2021 resources expended
31		 March 2022
£ £ £ £ £ £ £
Activities and
Advice 29,955 177,406 (126,804) 80,557 92,830 (77,900) 95,487
Sports and
Education 11,398 12,000 (12,000) 11,398 3,536 (3,536) 11,398
Health 2,810 - - 2,810 30,005 (30,005) 2,810
Early Years 7,612 40,000 (20,372) 27,240 - - 27,240
Fixed assets 3,567 - (3,567) - - - -
Midland Road
Sports
Complex (24,492) 120,000 (4,480) 91,028 235,000 (326,028) -
Covid
Support - 29,952 - 29,952 - (10,022) 19,930
Disability - - - - 16,910 (10,000) 6,910
Mental Health - - - - 22,500 (22,500) -
Holiday
Support - - - - 45,000 (45,000) -
30,850 379,358 (167,223) 242,985 445,781 (524,991) 163,775

Activities and advice were funded by:Bradford Metropolitan District Council BBC Children in Needs for youth activities Leeds Community Foundation Manningham Housing Association

Sports activities were funding Bradford Councile and The Yorkshire Cricket Club.

Health was funded by Bradford Council.

Early Years was funded by Bradford Council.

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

Mental health has been funded by Henry Smith

Holiday Support was funded by Bradford Council.

Disability was funded by Bradford Council.

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

15 Restricted funds

(Continued)

For the prior year: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: 77921545-00AF-45BE-9E00-6A0916FC2EF0

Balance at 31 March 2022 £ 253,929 163,775 417,704
Transfers £ - - -
Resources expended £ - (524,991) (524,991)
Incoming resources £ 123,893 445,781 569,674
Balance at 1 April 2021 £ 130,036 242,985 373,021
Transfers £ - - -
Resources expended £ (40,816) (167,223) (208,039)
Incoming resources £ 138,715 379,358 518,073
Balance at 1 April 2020 £ 32,137 30,850 62,987
Funds General funds Restricted funds
16

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

17
Analysis of net assets between funds
Unrestricted
Funds
Restricted
Funds
2022
2022
£
£
Fund balances at 31
March 2022 are
represented by:
Tangible assets
8,895
-
Current assets/(liabilities)
245,034
163,775
253,929
163,775		 Total
Unrestricted
Funds
Restricted
Funds
2022
2021
2021
£
£
£
8,895
14,756
-
408,809
115,280
242,985
417,704
130,036
242,985		 Total
2021
£
14,756
358,265
373,021

DocuSign Envelope ID: 77921545-00AF-45BE-9E00-6A0916FC2EF0

BEAP

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022

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		 2022
£
4,390
17,560
70,240
92,190		 2021
£
4,390
17,560
61,460
83,410

The building and pitches belong to Bradford Metropolitan Council, with a 25 year lease commencing 2018.

19 Related party transactions

Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2022 2021
£ £
Aggregate compensation 33,207 33,216

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 for the year
Adjustments for:
Investment income recognised in statement of financial activities
Loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease/(increase) in debtors
(Decrease)/increase in creditors
(Decrease)/increase in deferred income
Cash generated from operations		 2022
£
44,683
(3)
141
7,720
33,680
(2,481)
(20,930)
62,810		 2021
£
310,034
(4
-
8,328
(51,680
2,509
39,930
309,117