Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
# **FOR THE YEAR ENDED 31 MARCH 2025**
**Company Registration No. 04615676 (England and Wales) Charity Registration No. 1098088**
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|H Rahman|
|---|---|
||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: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 5|
|Independent examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8 - 9|
|Statement of cash flows|10|
|Notes to the financial statements|11 - 27|
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
The Trustees present their annual report and financial statements for the year ended 31 March 2025.
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**
2024-5 was successful year where all our projects made a real impact in the community, not only locally but nationally as well.
## **Key Achievements:**
## **Healthy lifestyles**
Our Healthy lifestyle programme supported a dedicated health and gym programme designed to improve wellbeing and fitness in the community. It enabled people of all ages to access structured physical activities that encourage healthier lifestyles, while also supporting mental health and emotional resilience.
By reducing barriers to participation such as cost, accessibility, and confidence. Our programme ensured local residents to take part in exercise opportunities that might otherwise be out of reach. In addition to improving physical health, the programme creates a safe and welcoming space for social connection, peer support, and long-term positive health habits.
## **Older People Services**
We delivered a range of initiatives that aim to improve the quality of life for older residents, helping them remain active, connected, and independent for longer. These projects often focus on reducing social isolation, promoting good health, and ensuring access to vital services. Activities included lunch clubs, befriending schemes, exercise sessions, and community groups designed to bring older people together in safe, welcoming environments.
The support also extended to practical services such as advice on housing, benefits, and care, as well as promoting digital inclusion so older people can stay connected with family, friends, and services online. By funding these projects, we have investing in preventative measures that reduce loneliness, improve wellbeing, and help older people maintain their independence within their communities.
- 1 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Men Reaching Out (MRO) - Male Domestic Abuse Project**
Our flagship project, the MRO aimed at protecting and supporting victims of domestic abuse. The MRO provided confidential advice, support with finding emergency accommodation, and outreach work to help survivors escape abusive situations safely.
Our Male Domestic Abuse provision has specialised in supporting South Asian men by providing 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.
Our key focus is now how we sustain this provision and have developed fantastic partnerships and networks with key agencies including the police and health partners.
## **Household Support Project**
The Household Support Fund provided targeted help for families and individuals facing financial hardship, especially with the rising cost of living. This project offered essential support such as food parcels, vouchers, help with energy and water bills, and assistance with other household essentials. The scheme ensures that vulnerable households have access to the basics they need to maintain stability and dignity.
## **Holiday Activities and Food Programme**
The Holiday Activities and Food (HAF) programme provided free activities and meals during school holidays for children and young people from low-income families. Our project offered a wide variety of engaging opportunities such as sports, arts, cooking, and educational workshops. They are designed to keep children active, learning, and socially connected while ensuring access to nutritious food.
HAF also played a vital role in easing financial pressure on families during holiday periods and helping children return to school healthy and ready to learn. By working with schools, charities, and community groups, the programme creates inclusive, safe environments where children can thrive.
## **Sports and Life Skills Project**
This project combined physical activity with personal development to create a holistic growth programme for young people. Using sport as the foundation, the project teaches confidence, teamwork, resilience, and leadership in a constructive and engaging way.
Beyond exercise, the project integrates essential life skills, supporting participants to build self-esteem and ambition. It provided a valuable pathway into healthier lifestyles, better decision-making, and opportunities for personal growth, while giving young people a positive focus and direction.
## **B Active Project**
This initiative aimed at increasing participation in sports and physical activity. The programme helped to reduce inactivity and health inequalities by making physical activity accessible to everyone, regardless of background or circumstance.
The project supports inclusive sports opportunities that foster wellbeing, strengthen community ties, and promote active lifestyles. By creating welcoming environments, it encourages long-term engagement and helps embed physical activity into everyday life.
- 2 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Community Employment Project**
The project focused on training, skills development, and pathways into sustainable work. By addressing both unemployment and underemployment, the project helps local residents access meaningful opportunities.
Participants gained practical experience, confidence, and employability skills that prepare them for long-term careers. Beyond immediate outcomes, the project empowers individuals to envision and build brighter futures, while reducing barriers that may have previously limited access to work.
## **Sports & Engagement Events**
A number of initiatives supported community football and tournament activities that engaged young people through sport. These events encourage discipline, teamwork, and healthy competition while fostering a sense of community spirit.
Beyond the physical benefits, the tournaments celebrate local heritage and culture by bringing communities together in a shared experience. This combination of sport and culture strengthens bonds across generations and backgrounds, linking health with heritage.
## **Curry Fest Project**
Our flagship project _Bangladeshi Curry Fest_ , a major cultural celebration that highlighted diversity, heritage, and local pride. The festival brings people together through food, music, and shared traditions, creating an inclusive and vibrant atmosphere.
More than a celebration, Curry Fest helps foster cross-cultural understanding and stronger community connections. By raising awareness of heritage and cultural identity, it builds pride and belonging while promoting unity across diverse groups.
Our heritage project has established a long-lasting understanding of the heritage of Britain’s curry houses and the journey of the Bangladeshi diaspora, from seamen, to cooks in restaurants, to the women leading the ‘street food’ revolution.
We will deliver a programme of events, including cooking classes, school activities through a curry festival which will be an official part of Bradford’s UK City of Culture celebrations.
## **Girls Sports Programme**
Our girls sports aimed at encouraging participation in sport and promoting equality of opportunity. It offers safe, supportive, and inclusive sessions that might not otherwise be available.
Through sport, girls gain confidence, teamwork skills, and new aspirations. The programme challenges barriers to participation, inspires long-term engagement in physical activity, and nurtures the next generation of empowered young women.
## **Youth & Social Programme**
Our youth and social development project created positive opportunities for young people. By offering safe, engaging activities, it helps reduce isolation, build life skills, and foster community connection.
The programme encouraged leadership, resilience, and active citizenship, equipping young people with the tools to thrive. It provides a constructive route away from negative influences and towards empowerment, growth, and community engagement.
- 3 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **Midland Road Sports Complex**
Community days, Bradford City Development Centre, Women & Girls activities, boys football teams, walking football, adults fitness programmes, football tournaments have all been organised with members of the local community coming together to make this our flagship community project.
## **Buildings Projects**
Making our building accessible and disabled friendly has always been a priority for BEAP. We continue to look at our facilities holistically at BEAP and improve building access and our facilities for people with disability so they can fully engage with our services.
## **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 £445,413 (2024 £351,733), with expenditure amounting to £426,796 (2024 £359,842) leaving a net income of £18,617 (2024 net expense £8,109).
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, £100,000 to £200,000. 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 general funds of £432,774 at 31 March 2025, 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.
- 4 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **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 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 their duties 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: 17 December 2025
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Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **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 2025.
## **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: 17 December 2025
- 6 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and
legacies
**3**
1,044
314,785
Charitable activities
**4**
114,050
-
Other trading
activities
**5**
14,990
-
Investments
**6**
544
-
**Total income**
130,628
314,785
**Expenditure on:**
Raising funds
**7**
9,632
-
Charitable activities
**8**
73,302
336,116
Other
**13**
7,746
-
**Total expenditure**
90,680
336,116
**Net income/(expenditure)**
**for the year/**
**Net movement in funds**
39,948
(21,331)
Fund balances at 1 April
2024
392,826
89,719
**Fund balances at 31**
**March 2025**
432,774
68,388|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
315,829
4,200
256,778
114,050
73,168
-
14,990
16,941
-
544
646
-
445,413
94,955
256,778
9,632
19,240
-
409,418
44,447
296,155
7,746
-
-
426,796
63,687
296,155
18,617
31,268
(39,377)
482,545
361,558
129,096
501,162
392,826
89,719|**Total**
**2024**
**£**
260,978
73,168
16,941
646
351,733
19,240
340,602
-
359,842
(8,109)
490,654
482,545|
|---|---|---|
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.
- 7 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **BALANCE SHEET** _**AS AT 31 MARCH 2025**_
|**2025**
**Notes**
**£**
**Fixed assets**
Tangible assets
**14**
**Current assets**
Debtors
**15**
161,943
Cash at bank and in hand
246,279
408,222
**Creditors: amounts falling due within**
**one year**
**17**
(184,474)
Net current assets
**Total assets less current liabilities**
**Creditors: amounts falling due after**
**more than one year**
**18**
**Net assets**
**Income funds**
Restricted funds
**20**
Unrestricted funds
Designated funds
**21**
110,000
General unrestricted funds
322,774|**£**
367,434
223,748
591,182
(90,020)
501,162
68,388
432,774
501,162|**2024**
**£**
193,959
292,838
486,797
(20,850)
110,000
282,826|**£**
16,598
465,947|
|---|---|---|---|
||||482,545
-|
||||482,545|
||||89,719
392,826|
||||482,545|
- 8 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **BALANCE SHEET (CONTINUED)**
## _**AS AT 31 MARCH 2025**_
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 2025.
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 17 December 2025
H Rahman
**Trustee**
## **Company registration number 04615676**
- 9 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **STATEMENT OF CASH FLOWS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**2025**
**Notes**
**£**
**£**
**Cash flows from operating activities**
Cash generated from operations
**26**
218,439
**Investing activities**
Purchase of tangible fixed assets
(365,704)
Investment income received
544
**Net cash used in investing activities**
(365,160)
**Financing activities**
Repayment of bank loans
100,162
**Net cash generated from/(used in)**
**financing activities**
100,162
**Net decrease in cash and cash equivalents**
(46,559)
Cash and cash equivalents at beginning of year
292,838
**Cash and cash equivalents at end of year**
246,279|**2024**
**£**
(17,457)
646
-|**£**
5,558
(16,811)
-
(11,253)
304,091
292,838|
|---|---|---|
- 10 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **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.
## **1.4 Income**
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.
## **1.5 Expenditure**
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.
- 11 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **(Continued)**
## **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:
Freehold land and buildings Straight line over 50 years 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.
- 12 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **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 Taxation**
The tax expense represents the sum of the tax currently payable and deferred tax.
## **1.11 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.
## **1.12 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: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
1,044
-
Grants listed below
-
314,785
1,044
314,785
**Grants receivable for**
**core activities**
National Heritage
-
39,598
Bradford Council
-
138,770
ESC Lottery
-
19,630
Manjit Wolstenholm Fund
-
10,165
Henry Smith Foundation
-
54,167
Sport England
-
14,980
The Global Fund
-
7,500
Rounders England
-
-
Groundworks
-
16,000
ABCD
-
2,150
Sporting Heritage
-
2,000
Wellsprings Together
-
3,000
Historic England
-
6,825
-
314,785|**Total Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
1,044
4,200
-
314,785
-
256,778
315,829
4,200
256,778
39,598
-
49,498
138,770
-
123,524
19,630
-
10,100
10,165
-
-
54,167
-
71,166
14,980
-
-
7,500
-
-
-
-
2,490
16,000
-
-
2,150
-
-
2,000
-
-
3,000
-
-
6,825
-
-
314,785
-
256,778|**Total**
**2024**
**£**
4,200
256,778|
|---|---|---|
|||260,978|
|||49,498
123,524
10,100
-
71,166
-
-
2,490
-
-
-
-
-|
|||256,778|
## **4 Charitable activities**
|**Unrestricted**
**Unrestricted**
**2025**
**2024**
**£**
**£**
Sports Hall hire
82,282
61,168
Nursery rental and contribution to costs
27,768
12,000
Adminstration charge
4,000
-
114,050
73,168|**Unrestricted**
**Unrestricted**
**2025**
**2024**
**£**
**£**
Sports Hall hire
82,282
61,168
Nursery rental and contribution to costs
27,768
12,000
Adminstration charge
4,000
-
114,050
73,168|**Unrestricted**
**Unrestricted**
**2025**
**2024**
**£**
**£**
Sports Hall hire
82,282
61,168
Nursery rental and contribution to costs
27,768
12,000
Adminstration charge
4,000
-
114,050
73,168|
|---|---|---|
||**2025**
**£**
82,282
27,768
4,000
114,050|**2024**
**£**
61,168
12,000
-|
|||73,168|
## **Charitable trading income**
Government job retention grants
- 14 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **5 Other trading activities**
|**6**
**7**|**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Trading activity income: Cafe
14,990
16,941
**Investments**
**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Interest receivable
544
646
**Raising funds**
**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Trading costs
Other trading activities
9,632
19,240
9,632
19,240|**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Trading activity income: Cafe
14,990
16,941
**Investments**
**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Interest receivable
544
646
**Raising funds**
**Unrestricted Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
Trading costs
Other trading activities
9,632
19,240
9,632
19,240|
|---|---|---|
|||19,240|
- 15 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
||**Total**|**2024**|||**£**|88,692|135,772|8,705|14,524|247,693|89,639|3,270|340,602|||44,447|296,155|340,602|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Total**|**2025**|||**£**|86,980|208,764|5,712|306|301,762|103,724|3,932|409,418|||73,302|336,116|409,418|
||**Activities**
**Sports**
**Health**
**Early Years**
**Men**
**Employment**|**and Advice**
**Promotion**
**Reaching**
**Training**|**Out**|**2025**
**2025**
**2025**
**2025**
**2025**
**2025**|**£**
**£**
**£**
**£**
**£**
**£**|23,887
8,707
9,611
18,726
16,664
9,385|98,526
73,502
4,230
3,230
4,880
24,396|1,812
780
780
780
780
780|306
-
-
-
-
-|124,531
82,989
14,621
22,736
22,324
34,561|103,724
-
-
-
-
-|3,932
-
-
-
-
-|232,187
82,989
14,621
22,736
22,324
34,561|||73,302
-
-
-
-
-|158,885
82,989
14,621
22,736
22,324
34,561|232,187
82,989
14,621
22,736
22,324
34,561|
|**Charitable activities**||||||Staff costs|Project costs|Minibus and travel|Midland Road Sports Complex||Share of support costs (see note 9)|Share of governance costs (see note 9)|||**Analysis by fund**|Unrestricted funds|Restricted funds||
|**8**|||||||||||||||||||
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **8 Charitable activities**
**(Continued)**
## **For the year ended 31 March 2024**
|**Activities**
**and Advice**
**£**
Staff costs
26,998
Project costs
56,867
Minibus and travel
2,177
Midland Road Sports Complex
14,524
100,566
Share of support costs (see note 9)
84,107
Share of governance costs (see note 9)
3,270
187,943
**Analysis by fund**
Unrestricted funds
(18,523)
Restricted funds
206,466
187,943|**Sports**
**Early Years**
**Men**
**Reaching**
**Out**
**£**
**£**
**£**
14,845
19,113
27,736
40,256
17,295
21,354
2,176
2,176
2,176
-
-
-
57,277
38,584
51,266
-
-
5,532
-
-
-
57,277
38,584
56,798
17,021
21,289
24,660
40,256
17,295
32,138
57,277
38,584
56,798|**Total**
**2024**
**£**
88,692
135,772
8,705
14,524|
|---|---|---|
||**£**
14,845
40,256
2,176
-
57,277
-
-
57,277
17,021
40,256
57,277||
|||247,693
89,639
3,270|
|||340,602|
|||44,447
296,155|
|||340,602|
- 17 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **9 Support costs**
|Staff costs
Depreciation
Rent and rates
Utilities
Insurance
Staff travel and
communication and
training
Repairs and renewals
Telephone
Computer costs
Print, postage and
stationery
Sundry
Professional and
consultancy fees
Indemnity insurance
Independent examination
Analysed between
Charitable activities|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
12,974
-
14,870
-
7,975
-
9,800
-
5,108
-
1,520
-
39,164
-
1,574
-
1,472
-
5,144
-
3,049
-
1,074
-
-
332
-
3,600
103,724
3,932
103,724
3,932|**2025**
**£**
12,974
14,870
7,975
9,800
5,108
1,520
39,164
1,574
1,472
5,144
3,049
1,074
332
3,600
107,656
107,656|**Support**
**costs**
**Governance**
**costs**
**£**
**£**
13,044
-
5,348
-
6,250
-
7,296
-
3,117
-
325
-
43,107
-
1,528
-
783
-
4,395
-
3,636
-
810
-
-
-
-
3,270
89,639
3,270
89,639
3,270|**2024**
**£**
13,044
5,348
6,250
7,296
3,117
325
43,107
1,528
783
4,395
3,636
810
-
3,270|
|---|---|---|---|---|
|||||92,909|
|||||92,909|
Costs are allocated directly to early years. All other costs are classed as activities and advice.
Governance costs includes payments to the accountants of £3,600 for independent examination fees (2024£3,270).
## **10 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.
- 18 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **11 Employees**
The average monthly number of employees during the year was:
|**Employment costs**
Wages and salaries
Social security costs
Other pension costs|**2025**
**Number**
7
**2025**
**£**
91,797
7,327
830
99,954|**2024**
**Number**
5|
|---|---|---|
|||**2024**
**£**
98,303
2,289
1,144|
|||101,736|
No employee earned more than £60,000 during the current or previous financial year.
## **12 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. Tax charges have only been applied to the cafe profit in the year.
## **13 Other**
|**Unrestricted**
**funds**
**2025**
**£**
Financing costs
6,728
Corporation tax
1,018
7,746|**Total**
**2024**
**£**
-
-|
|---|---|
||-|
- 19 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**14**
**Tangible fixed assets**
**Freehold land**
**and buildings**
**Fixtures and**
**fittings**
**Computers Motor vehicles**
**£**
**£**
**£**
**£**
**Cost**
At 1 April 2024
-
48,322
26,995
7,400
Additions
341,585
-
3,026
21,093
At 31 March 2025
341,585
48,322
30,021
28,493
**Depreciation and impairment**
At 1 April 2024
-
45,807
18,923
1,387
Depreciation charged in the year
1,772
974
5,660
6,464
At 31 March 2025
1,772
46,781
24,583
7,851
**Carrying amount**
At 31 March 2025
339,813
1,541
5,438
20,642
At 31 March 2024
-
2,515
8,070
6,013
**15**
**Debtors**
**2025**
**Amounts falling due within one year:**
**£**
Other debtors
144,000
Prepayments and accrued income
17,943
161,943
**16**
**Loans and overdrafts**
**2025**
**£**
Bank loans
100,162
Payable within one year
10,142
Payable after one year
90,020|**Total**
**£**
82,717
365,704|
|---|---|
||448,421|
||66,117
14,870|
||80,987|
||367,434|
||16,598|
||**2024**
**£**
180,000
13,959|
||193,959|
||**2024**
**£**
-|
||-
-|
- 20 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**17**
**Creditors: amounts falling due within one year**
**Notes**
Bank loans
**16**
Corporation tax payable
Other taxation and social security
Government grants
**19**
Other creditors
Accruals
**18**
**Creditors: amounts falling due after more than one year**
**Notes**
Bank loans
**16**|**2025**
**£**
10,142
1,018
354
3,200
164,370
5,390
184,474
**2025**
**£**
90,020|**2024**
**£**
-
-
1,584
16,000
-
3,266|
|---|---|---|
|||20,850|
|||**2024**
**£**
-|
- 21 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **19 Government grants**
Deferred income is included in the financial statements as follows:
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Deferred income is included within:|||
|Current liabilities|3,200|16,000|
|Movements in the year:|||
|Deferred income at 1 April 2024|16,000|17,500|
|Released from previous periods|(16,000)|(17,500)|
|Income deferred in the year|3,200|16,000|
|Deferred income at 31 March 2025|3,200|16,000|
- 22 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **20 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**|**Movement**|**in funds**||||**Movement**|**Movement**|**in funds**||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Balance at**||**Income**||**Expenditure**||**Balance at**||**Income**||**Expenditure**|**Balance at**|
||**1 April 2023**||||||**1 April 2024**||||**31**|**March 2025**|
||**£**||**£**||**£**||**£**||**£**||**£**|**£**|
|Activities and|||||||||||||
|Advice|70,606||183,122||(180,629)||73,099||220,838||(257,299)|36,638|
|Sports and|||||||||||||
|Education|10,908||2,490||(7,490)||5,908||2,000||(2,000)|5,908|
|Health|2,810||-||(2,810)||-||2,150||(2,150)|-|
|Early Years|6,500||-||(6,500)||-||-||-|-|
|Covid|||||||||||||
|Support, Men|||||||||||||
|Reaching Out|20,897||32,666||(42,851)||10,712||21,867||(21,367)|11,212|
|Employment|||||||||||||
|and training|-||-||-||-||16,000||(16,000)|-|
|Mental Health|8,929||38,500||(47,429)||-||51,930||(37,300)|14,630|
|Holiday|||||||||||||
|Support|8,446||-||(8,446)||-||-||-|-|
||129,096||256,778||(296,155)||89,719||314,785||(336,116)|68,388|
Activities and advice include projects for cycling, travel, young people sports and life skills, weekly actvities and capacity building and were funded by Bradford Metropolitan District Council, Manjit Wolstenholme Fund, Historic England, The Global Fund, Wellsprings Together, The National Lottery, Sports England and National Heritage.
Sports activities were funded by Sporting Heritage.
Health was funded by ABCD for the Together of Health project.
Covid support, renamed Men Reaching Out, is funded by the Henry Smith Charity to provide activities, volunteering opportunities and a drop in service for vulnerable individuals.
Employment and training was funded by Groundworks.
Mental health has been funded by Henry Smith and The National Lottery to fund a Male Domestic Abuse Service.
- 23 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **20 Restricted funds**
## **(Continued)**
For the prior year:-
Activities and advice were funded by Bradford Metropolitan District Council, National Lottery Heritage Fund and Sports England.
Sports activities were funded by Rounders England and Sports England.
Covid suppot is funded by the Henry Smith Charity to provide activities, volunteering opportunities and a drop in service for vulnerable individuals.
Mental health has been funded by Henry Smith to fund a Male Domestic Abuse Service.
Transfers have been made in the year to cover core costs.
## **21 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
||||**Movement**|||
|---|---|---|---|---|---|
||||**in funds**|||
||**Transfers**|**Balance at**|**Income**||**Balance at**|
|||**1 April 2024**|||**31 March 2025**|
||**£**|**£**|**£**||**£**|
|Indoor and Outdoor Pitches|80,000|80,000|-||80,000|
|Staffing contingency|30,000|30,000|-||30,000|
||110,000|110,000|-||110,000|
A transfer was made in the prior year to provide for future repairs to the pitches and to provide for staffing contingency.
- 24 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
|**Funds**|**Balance at 1**
**Income**
**Expenditure**
**Transfers**
**Balance at 1**
**Income**
**Expenditure**
**Transfers**
**Balance at 31**|**April 2023**
**April 2024**
**March 2025**|**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**|General funds
361,558
94,955
(63,687)
(110,000)
282,826
130,628
(90,680)
-
322,774|Designated funds
-
-
-
110,000
110,000
-
-
-
110,000|Restricted funds
129,096
256,778
(296,155)
-
89,719
314,785
(336,116)
-
68,388|490,654
351,733
(359,842)
-
482,545
445,413
(426,796)
-
501,162||**Analysis of net assets between funds**|**Unrestricted**
**Designated**
**Restricted**
**Total**
**Unrestricted**
**Designated**
**Restricted**
**Total**|**Funds**
**Funds**
**Funds**
**Funds**
**Funds**
**Funds**|**2025**
**2025**
**2025**
**2025**
**2024**
**2024**
**2024**
**2024**|**£**
**£**
**£**
**£**
**£**
**£**
**£**
**£**|Fund balances at 31 March 2025 are represented|by:|Tangible assets
367,434
-
-
367,434
16,598
-
-
16,598|Current assets/(liabilities)
46,360
110,000
67,388
223,748
266,228
110,000
89,719
465,947|Long term liabilities
(90,020)
-
-
(90,020)
-
-
-
-|323,774
110,000
67,388
501,162
282,826
110,000
89,719
482,545|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|**22**|||||||||**23**|||||||||||
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **24 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|**2025**
**£**
4,390
17,560
57,070
79,020|**2024**
**£**
4,390
17,560
61,460|
|---|---|---|
|||83,410|
The building and pitches belong to Bradford Metropolitan Council, with a 25 year lease commencing 2018.
## **25 Related party transactions**
## **Remuneration of key management personnel**
The remuneration of key management personnel is as follows.
||**2025**|**2024**|
|---|---|---|
||**£**|**£**|
|Aggregate compensation|39,793|40,947|
No other transactions with related parties have taken place during the current or previous financial year which require disclosure.
## **Transactions with related parties**
During the year the charity entered into the following transactions with related parties:
A loan of £180,000 was made in 2003 to Neighbourhood Resource Centre. Muhammad Habibur Rahman is a trustee of Neighbourhood Resource Centre and BEAP. No further loans were made in 2024 or 2025.. A repayment holiday was agreed and repayments have commenced in 2024. The balance of the loan outstanding at 31.3.25 was £144,000.
Payments were made to Neighbourhood Resource Centre for marketing and promotion £3,000 (2024 - nil) transport of £nil (2024 - £2,450) and food and venue hire of £nil (2024 - £6,050).
- 26 -
Docusign Envelope ID: DB4DCA81-7F4B-4BCC-B378-DE13B761A257
## **BEAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**26**
**Cash generated from operations**
Surplus/(deficit) for the year
Adjustments for:
Investment income recognised in statement of financial activities
(Gain)/loss on disposal of tangible fixed assets
Depreciation and impairment of tangible fixed assets
Movements in working capital:
Decrease in debtors
Increase/(decrease) in creditors
(Decrease) in deferred income
**Cash generated from operations**|**2025**
**£**
18,617
(544)
-
14,870
32,014
166,282
(12,800)
218,439|**2024**
**£**
(8,109)
(646)
1,000
4,348
12,244
(1,779)
(1,500)
5,558|
|---|---|---|
- 27 -