DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
# **FOR THE YEAR ENDED 31 MARCH 2023**
**Company Registration No. 04615676 (England and Wales) Charity Registration No. 1098088**
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **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|
||Azets Audit Services Ltd|
||Carlton House|
||Grammar School Street|
||Bradford|
||BD1 4NS|
|**Bankers**|National Westminster Bank Plc|
||1 Market Street|
||Bradford|
||BD1 1EG|
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 4|
|Independent examiner's report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Statement of cash flows|8|
|Notes to the financial statements|9 - 24|
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
The Trustees present their annual report and financial statements for the year ended 31 March 2023.
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**
2022-23 was an fantastic year with our launch of our new ‘Midland Road Sport Complex’ and our flagship ‘Men Reaching Out’ project going fully live!
Some of the projects delivered are mentioned below
## **Midland Road Sports Complex**
In Partnership with Bradford Council, the Football Foundation, Power to Change & Sports England, our new Midland Road Sports Complex was officially opened by Mark Hughes, Bradford City FC Manager (at the time!).
A community day was also organised with members of the local community coming together to celebrate new community facility being opened with local councillors and MPs being present.
## **Men Reaching Out (MRO)**
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. This has been a very much needed service and a lifeline for many of our service users.
MRO project is targeting men that are experiencing Domestic abuse by their partner. This could be in the form of Physical, mental, emotional or financial harm.
We have a referral system for clients to supporting organisations and council services.
## **Holiday programmes**
Our holiday programme for children has been ongoing over the holiday periods. The project consisted of a range of sporting & wellbeing activities led by qualified staff & tutors ensuring sessions are well organised and enjoyable, followed by a healthy & nutritional lunch.
## **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
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **BEAP Resilience Project**
With Covid 19 impact still felt by the community, there have been specific projects to look at re-skilling local residents in preparation for a new world of work.
The project provided opportunities to people in the community to volunteer and an effective drop-in service for vulnerable people.
The project has a referral system and marketing is done through social media and flyers at local shops, libraries,
medical centres, etc.
The services are targeting people within Bradford district that have been or experienced covid themselves or someone in their family. Once clients have been established social or physical activities/session would be developed and provided.
## **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.
## **Food Parcels**
We provided monthly food parcels to vulnerable families and older people in the Manningham area of Bradford.
## **Bradford 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.
## **Older People**
Our older people projects looked at developing, helping, and supporting older people in the community. We delivered social activities including trips, physical activities, walking, and supporting vulnerable and isolated elderly (this includes home visits, shopping, cleaning and basic advice assistance.
## **Young People**
Our youth projects looked at developing relationship and implement a number of young people friendly schemes.
We delivered a number of activities which are appropriate and address the social, emotional and life skills of young people.
## **Rounders Project**
Our rounders project was designed to deliver a Rounders programme for women from South Asian backgrounds that are inactive and sedentary.
This project was delivered by sessional workers and activities at our Midland Road Sports Complex
## **Buildings Projects**
Making our building accessible and disabled friendly has always been a priority for BEAP. Our Disability capital project looks at our facilities holistically at BEAP and improves building access and internal facilities for people with disability.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **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 £368,119 (2022 £569,674), with expenditure amounting to £295,169 (2022 £524,991) leaving a net income of £72,950 (2022 net income £44,683).
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, £74,000 to £148,000. 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 £361,558 at 31 March 2023, 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 is included in the insurance costs.
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.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
The Trustees report was approved by the Board of Trustees.
**H Rahman** Trustee Dated: 10 December 2023
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **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 2023.
## **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:
- 1 accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
- 4 the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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 Azets Audit Services Ltd
Carlton House Grammar School Street Bradford BD1 4NS
Dated: 10 December 2023
- 5 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**3**
12,920
300,522
Charitable activities
**4**
54,564
-
Investments
**5**
113
-
**Total income**
67,597
300,522
**Expenditure on:**
Charitable activities
**6**
968
294,201
**Net incoming resources**
**before transfers**
66,629
6,321
Gross transfers
between funds
41,000
(41,000)
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
107,629
(34,679)
Fund balances at 1 April
2022
253,929
163,775
**Fund balances at 31**
**March 2023**
361,558
129,096|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
313,442
70,892
445,781
54,564
52,998
-
113
3
-
368,119
123,893
445,781
295,169
-
524,991
72,950
123,893
(79,210)
-
-
-
72,950
123,893
(79,210)
417,704
130,036
242,985
490,654
253,929
163,775|**Total**
**2022**
**£**
516,673
52,998
3|
|---|---|---|
|||569,674|
|||524,991|
|||44,683
-|
|||44,683
373,021|
|||417,704|
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.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2023**_
|**Notes**
**Fixed assets**
Tangible assets
**12**
**Current assets**
Debtors
**13**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**14**
Net current assets
**Total assets less current liabilities**
**Income funds**
Restricted funds
**16**
Unrestricted funds|**2023**
**£**
206,203
304,091
510,294
(24,129)|**£**
4,489
486,165
490,654
129,096
361,558
490,654|**2022**
**£**
18,000
413,359
431,359
(22,550)|**£**
8,895
408,809|
|---|---|---|---|---|
|||||417,704|
|||||163,775
253,929|
|||||417,704|
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 2023.
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 10 December 2023
H Rahman
**Trustee**
## **Company registration number 04615676**
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**Notes**
**Cash flows from operating activities**
Cash (absorbed by)/generated from
operations
**21**
**Investing activities**
Purchase of tangible fixed assets
Investment income received
**Net cash generated from/(used in)**
**investing activities**
**Net cash used in financing activities**
**Net (decrease)/increase in cash and cash**
**equivalents**
Cash and cash equivalents at beginning of year
**Cash and cash equivalents at end of year**|**2023**
**£**
**£**
(109,381)
-
113
113
-
(109,268)
413,359
304,091|**2022**
**£**
(2,000)
3|**£**
62,810
(1,997)
-
60,813
352,546
413,359|
|---|---|---|---|
- 8 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **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.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **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.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **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.
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2023**
**£**
**£**
Donations and gifts
2,920
2,474
Grants listed below
10,000
298,048
12,920
300,522
**Grants receivable for**
**core activities**
Manningham Housing
Association
-
-
Bradford Council
-
131,714
Bradford Council - Older
People
-
-
BBC Children in Need
-
39,930
Henry Smith Foundation
-
65,667
Sport England
-
5,000
The Global Fund
-
22,500
Yorkshire Sport
Foundation
-
6,020
Rounders England
-
7,470
Give Bradford & Leeds
Community Foundation
-
-
The Charles and Elsie
Sykes Trust
-
3,000
Yorkshire Cricket Club
-
-
Groundworks
-
11,747
Power to Change Capital
-
-
Power to Change
10,000
-
Heriot-Watt
-
5,000
Job Retention Scheme
-
-
10,000
298,048|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
5,394
465
-
308,048
70,427
445,781
313,442
70,892
445,781
-
-
400
131,714
19,941
105,415
-
-
30,000
39,930
-
39,930
65,667
-
22,500
5,000
-
95,000
22,500
-
-
6,020
-
-
7,470
-
-
-
-
10,000
3,000
-
-
-
-
2,536
11,747
-
-
-
-
140,000
10,000
36,000
-
5,000
-
-
-
14,486
-
308,048
70,427
445,781|**Total**
**2022**
**£**
465
516,208|
|---|---|---|
|||516,673|
|||400
125,356
30,000
39,930
22,500
95,000
-
-
-
10,000
-
2,536
-
140,000
36,000
-
14,486|
|||516,208|
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DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **4 Charitable activities**
|**Unrestricted**
**Unrestricted**
**2023**
**2022**
**£**
**£**
Sports Hall hire
42,564
31,998
Services provided under contract
-
9,000
Nursery rental and contribution to costs
12,000
12,000
54,564
52,998|**Unrestricted**
**Unrestricted**
**2023**
**2022**
**£**
**£**
Sports Hall hire
42,564
31,998
Services provided under contract
-
9,000
Nursery rental and contribution to costs
12,000
12,000
54,564
52,998|**Unrestricted**
**Unrestricted**
**2023**
**2022**
**£**
**£**
Sports Hall hire
42,564
31,998
Services provided under contract
-
9,000
Nursery rental and contribution to costs
12,000
12,000
54,564
52,998|
|---|---|---|
||**2023**
**£**
42,564
-
12,000
54,564|**2022**
**£**
31,998
9,000
12,000|
|||52,998|
## **5 Investments**
||**Unrestricted **|**Unrestricted**|
|---|---|---|
||**funds**|**funds**|
||**2023**|**2022**|
||**£**|**£**|
|Interest receivable|113|3|
- 13 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
||**Total**|**2022**||**£**|84,931|81,722|6,801|305,000|478,454||44,227||2,310|524,991|||-|524,991|524,991|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Activities**
**Sports**
**Early Years**
**Covid**|**and Advice**
**Support**|**2022**
**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|432,941
40,699
-
51,351|
||**Total**|**2023**||**£**|67,839|151,442|7,324|6,763|233,368||58,831||2,970|295,169|||968|294,201|295,169|
||**Activities**
**Sports**
**Early Years**
**Covid**|**and Advice**
**Support**|**2023**
**2023**
**2023**
**2023**|**£**
**£**
**£**
**£**|30,612
12,409
12,409
12,409|72,048
16,454
36,740
26,200|2,442
2,441
-
2,441|6,763
-
-
-|111,865
31,304
49,149
41,050||58,831
-
-
-||2,970
-
-
-|173,666
31,304
49,149
41,050|||968
-
-
-|172,698
31,304
49,149
41,050|173,666
31,304
49,149
41,050|
|**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: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **7 Support costs**
|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Depreciation
4,406
-
Rent and rates
6,843
-
Utilities
7,823
-
Insurance
2,799
-
Staff travel and
communication and
training
-
-
Repairs and renewals
19,136
-
Telephone
1,381
-
Computer costs
1,511
-
Print, postage and
stationery
6,817
-
Sundry
1,378
-
Professional and
consultancy fees
6,737
-
Independent examination
-
2,970
58,831
2,970
Analysed between
Charitable activities
58,831
2,970|**2023**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
**£**
4,406
7,861
-
6,843
9,106
-
7,823
3,991
-
2,799
1,512
-
-
80
-
19,136
8,673
-
1,381
932
-
1,511
1,190
-
6,817
4,455
-
1,378
1,712
-
6,737
4,715
-
2,970
-
2,310
61,801
44,227
2,310
61,801
44,227
2,310|**2022**
**£**
7,861
9,106
3,991
1,512
80
8,673
932
1,190
4,455
1,712
4,715
2,310|
|---|---|---|
|||46,537|
|||46,537|
Costs are allocated directly to early years. All other costs are classed as activities and advice.
Governance costs includes payments to the accountants of £2,970 for independent examination fees (2022£2,310).
## **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.
- 15 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **9 Employees**
The average monthly number of employees during the year was:
||**2023**|**2022**|
|---|---|---|
||**Number**|**Number**|
||4|8|
|**Employment costs**|**2023**|**2022**|
||**£**|**£**|
|Wages and salaries|67,000|83,016|
|Other pension costs|839|1,915|
||67,839|84,931|
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 Taxation**
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
## **12 Tangible fixed assets**
|**Tangible fixed assets**||
|---|---|
|**Fixtures and**
**fittings**
**Computers Motor vehicles**
**£**
**£**
**£**
**Cost**
At 1 April 2022
48,322
16,936
2,000
At 31 March 2023
48,322
16,936
2,000
**Depreciation and impairment**
At 1 April 2022
42,869
14,994
500
Depreciation charged in the year
1,964
1,942
500
At 31 March 2023
44,833
16,936
1,000
**Carrying amount**
At 31 March 2023
3,489
-
1,000
At 31 March 2022
5,453
1,942
1,500|**Total**
**£**
67,258|
||67,258|
||58,363
4,406|
||62,769|
||4,489|
||8,895|
- 16 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**13**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**14**
**Creditors: amounts falling due within one year**
**Notes**
Other taxation and social security
Government grants
**15**
Accruals|**2023**
**£**
180,000
26,203
206,203
**2023**
**£**
1,349
17,500
5,280
24,129|**2022**
**£**
-
18,000|
|---|---|---|
|||18,000|
|||**2022**
**£**
1,237
19,000
2,313|
|||22,550|
- 17 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **15 Government grants**
Deferred income is included in the financial statements as follows:
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Deferred income is included within:|||
|Current liabilities|17,500|19,000|
|Movements in the year:|||
|Deferred income at 1 April 2022|19,000|39,930|
|Released from previous periods|(19,000)|(39,930)|
|Resources deferred in the year|17,500|19,000|
|Deferred income at 31 March 2023|17,500|19,000|
- 18 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
##
|**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**|**Balance at**
**Incoming**
**Resources**
**Balance at**
**Incoming**
**Resources**
**Transfers**
**Balance at**|**1 April 2021**
**resources**
**expended**
**1 April 2022**
**resources**
**expended**
**31 March 2023**|**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**|Activities and Advice
80,557
92,830
(77,900)
95,487
109,226
(109,107)
(25,000)
70,606|Sports and Education
11,398
3,536
(3,536)
11,398
15,964
(16,454)
-
10,908|Health
2,810
30,005
(30,005)
2,810
-
-
-
2,810|Early Years
27,240
-
-
27,240
22,500
(36,740)
(6,500)
6,500|Midland Road Sports Complex
91,028
235,000
(326,028)
-
5,000
(5,000)
-
-|Covid Support
29,952
-
(10,022)
19,930
27,167
(26,200)
-
20,897|Disability
-
16,910
(10,000)
6,910
16,910
(23,820)
-
-|Mental Health
-
22,500
(22,500)
-
69,309
(54,880)
(5,500)
8,929|Holiday Support
-
45,000
(45,000)
-
34,446
(22,000)
(4,000)
8,446|242,985
445,781
(524,991)
163,775
300,522
(294,201)
(41,000)
129,096|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**16**||||||||||||||||
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
##
|**(Continued)**||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**Restricted funds**|For the prior year:-||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.|Transfers have been made in the year to cover core costs.|
|**16**||||||||||||||||||
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
||**Balance at 31**|**March 2023**|**£**|361,558|129,096|490,654|
|---|---|---|---|---|---|---|
||**Transfers**||**£**|41,000|(41,000)|-|
||**Resources**|**expended**|**£**|(968)|(294,201)|(295,169)|
||**Incoming**|**resources**|**£**|67,597|300,522|368,119|
||**Balance at 1**|**April 2022**|**£**|253,929|163,775|417,704|
||**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||
|**17**|||||||
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
|**18**
**Analysis of net assets between funds**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2023**
**£**
**£**
Fund balances at 31
March 2023 are
represented by:
Tangible assets
4,489
-
Current assets/(liabilities)
357,069
129,096
361,558
129,096|**Total**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
**2022**
**2022**
**£**
**£**
**£**
4,489
8,895
-
486,165
245,034
163,775
490,654
253,929
163,775|**Total**
**2022**
**£**
8,895
408,809|
|---|---|---|
|||417,704|
- 23 -
DocuSign Envelope ID: 3096613D-C51F-4EC6-9309-DE7743C2C25F
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2023**_
## **19 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|**2023**
**£**
5,947
17,560
65,850
89,357|**2022**
**£**
4,390
17,560
70,240|
|---|---|---|
|||92,190|
The building and pitches belong to Bradford Metropolitan Council, with a 25 year lease commencing 2018.
## **20 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel is as follows.
||**2023**|**2022**|
|---|---|---|
||**£**|**£**|
|Aggregate compensation|33,322|33,207|
No other transactions with related parties have taken place during the current or previous financial year which require disclosure.
|**21**
**Cash generated from operations**
**2023**
**£**
Surplus for the year
72,950
Adjustments for:
Investment income recognised in statement of financial activities
(113)
(Gain)/loss on disposal of tangible fixed assets
-
Depreciation and impairment of tangible fixed assets
4,406
Movements in working capital:
(Increase)/decrease in debtors
(188,203)
Increase/(decrease) in creditors
3,079
(Decrease) in deferred income
(1,500)
**Cash (absorbed by)/generated from operations**
(109,381)|**2022**
**£**
44,683
(3
141
7,720
33,680
(2,481
(20,930|
|---|---|
||62,810|
- 24 -