|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 13|
1
## **Reference and administrative details of the charity, its trustees and advisors**
## **Trustees**
The trustees during the financial year and up to and including the date the report was approved were:
|**Name**|**Position**|**Dates**|
|---|---|---|
|Susan Bale|Chair (from January 2022)||
|Steve Mackay|Chair (to January 2022)||
|Clive Whittaker||From February 2022|
|Jeannie Crowther|||
|Karen Steenson|||
|Michael Kennedy|||
|Peter Walton||To September 2022|
|Sue Rana|||
|**Company secretary**|||
|Karen Steenson|(from January 2022)||
|Susan Bale|(to January 2022)||
|**Charity number**|1100741|Registered in England and Wales|
|**Company number**|04720047|Registered in England and Wales|
|**Registered and principal**|**address**||
Kirkgate, Shipley, West Yorkshire, BD18 3EH
## **Bankers**
Cooperative Bank, 1 Balloon Street, Manchester, M60 4EP Virgin Money, Jubilee House, Gosforth, NE3 4PL
Nationwide Building Society, 5-11 St Georges Street, Douglas, Isle of Man, IM99 1AS
## **Independent examiner**
Simon Bostrom FCIE
West Yorkshire Community Accountancy Service CIO, Stringer House, 34 Lupton Street, Leeds, LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 2nd April 2003. It is governed by a memorandum and articles of association as amended by special resolutions on 22 October 2003 and 4 April 2017. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
## **Change of name**
On 1 April 2012 Kirkgate Studios and Workshops changed its name to Hive Bradford (working name Hive); the name change was registered at Companies House on 16 March 2012.
## **Objectives and activities**
## **The charity's objects**
The advancement of education for the public by the provision of vocational and other training courses. The provision of facilities for recreation and leisure time activities for people who have need of them by reasons of age, infirmity or disablement, poverty or social and economic circumstances with a view of improving the conditions in life of such persons.
## **The charity's main activities**
Hive offers adult education classes in various arts and crafts activities. We also provide a range of activities for specific communities and clients both at the workshop and across Bradford District. We offer access to our facilities, creative equipment and support to individuals and volunteers looking to develop their skills and confidence.
2
## **Objectives and activities (continued)**
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education and the provision of facilities for recreation or other leisure time occupation. Hive Bradford works to promote the inclusion of:
- vulnerable and disadvantaged children and young people, young offenders and those at risk of offending, through learning, skills-building, creative opportunities and community projects.
- disadvantaged adults, particularly providing steps back into employment through volunteering, skillsbuilding and self-confidence.
- vulnerable and disadvantaged older people, through providing activities, social links and combatting loneliness.
Hive supports continuing life-long learning through a programme of creative adult learning, creative outreach courses, arts and health activities and free drop-in access. Hive Bradford also supports local economy and community regeneration through involvement in local visioning events, working in and fostering partnership, creating employment and volunteering opportunities, local procurement where possible and access to workshop facilities.
## **Achievements and performance**
After a year of opening for short periods of time and then going back into lockdown. Hive fully reopened its doors on 17th May 2021 with COVID safety restrictions in place. Initially we opened for pre-booked socially-distanced drop-ins and a mixture of hybrid online and in-person courses.
Simon, who had worked with us for many years as a woodwork tutor, technician and operations coordinator, retired in September 2021 and we would like to thank him for all his hard work at Hive.
Our regular full programme of courses began again in September 2021 with all-time favourites such as ceramics and stained glass filling up quickly as people were keen to get back into doing something creative. A new woodwork tutor, Emily, came on board and started to deliver beginner and intermediate woodwork courses, and classes for home-schooled children.
Our regular supported drop-ins, including chat and craft and drop-in and draw, began again. These sessions are particularly focussed on wellbeing, and slowly throughout the year we have increased the number of referrals from long-established mental health partners as confidence was building in taking part in group activities.
Thrive, our wellbeing project, was extended for an extra year due to the COVID disruption and staff illness, and is now due to run until December 2023. Work on the project this year has included work with Making Space and Empowered Lives, as well as a new partnership with Oasis Academy’s Community Hub delivering wellbeing events and projects. Sessions have been delivered in person and via Zoom allowing for a wider engagement with hard-to-reach communities during the pandemic. Thrive has supported a team of volunteers, recruited through partner organisations, to deliver a successful wellbeing project exploring cultural in arts and crafts.
Flourish, our project working with refugees and asylum seekers, continued to work with Roshni Ghar in Keighley and Shine in West Bowling as well as forming a new partnership with Bradford Refugee Forum. A mixture of indoor, outdoor and Zoom sessions helped to keep groups engaged. We held an exhibition of completed work from November 2021 to March 2022 at Bradford Industrial Museum, and some of this work is going to be kept as part of their permanent display. Flourish groups are also working on ceramic plates for our 40th birthday celebrations.
3
## **Achievements and performance (continued)**
Several years ago Hive and our upstairs neighbours, the Kirkgate Centre, established the Community Arts Umbrella (CAU) together, an organisation to manage the future of our beloved building. They submitted a Business Plan and application to the council for a Community Asset Transfer of the building, which has been stalled for some time, and more recently put together a bid to Shipley Towns Fund for renovations to both floors as part of a wider investment in Shipley through the Town Investment Plan or TIP.
The bid was successful in its first stage, subject to a more in-depth business case submitted to Government. The business case included proposed designs for the building and a consultation took place with Hive and Kirkgate Centre members between January and April 2022. As this report is being written, the business case is about to be submitted to Government, whilst the Community Asset Transfer has been approved subject to lease terms. Work should begin on renovating the building in spring 2023.
Our Christmas Fair and our AGM was held on 4th December 2021, which was an opportunity to introduce the initial plans for the project to our members, as well as enjoying the usual creative Christmassy fun.
This year we have significantly adapted our ways of working and upgraded our systems to enable better communication both internally and externally, and to allow us to work more flexible from home or in the office. This has had a massive impact on the way we work and will help us when we have to relocate during the building renovations. We are currently looking for a temporary base in the centre of Shipley whilst the renovations are taking place, so that we can continue some of our activities and keep people updated during the process.
In March 2022, as a result of an additional restrictions grant from Bradford Council, Hive were able to employ ten artist support workers to shadow our current tutors in the delivery of our creative classes. Once they have completed this programme we hope to support them further to develop their creative practises and deliver their own classes.
Hive is 40 years old in 2022 and we are planning a celebration day on July 23rd, including showcasing an archive of old photos of Hive (and Kirkgate Studios and Workshop) we have been building to commemorate this occasion.
This has been a challenging year for Hive to re-establish face-to-face services after long periods of full or partial closure and ongoing concerns about COVID-19, particular amongst some of our more vulnerable members. We would like to thank everyone that has supported us during this time and continued to make use of our services. We look forward to a bright future with a rejuvenated building.
4
## **Financial review**
The net expenditure for the year was £61,404, including net expenditure of £24,344 on restricted funds and net expenditure of £37,060 on unrestricted funds.
## **Reserves policy**
The management committee of Hive has agreed to maintain reserve funds at sufficient levels in order to allow the smooth operation of the charity’s activities (in accordance with Charity Commission guidelines). Hive aims to hold free reserves (ie. unrestricted funds not committed or invested in tangible fixed assets) of between 6 and 9 months (currently £105,152 - £157,727). In line with the Charities Commissions SORP 2005 Paragraph 55(a) Hive will include information about our reserves policy and the level of reserves held in its Annual Report.
The charity's free reserves, excluding fixed assets, at the year end were £139,826 (2021: £172,557), within the range required by the reserves policy.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees:
Signed Karen Steenson (Trustee)
Name Dr Karen Steenson
Date 10/12/2022
5
I report to the charity on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 13.
## **Responsibilities and basis of report**
As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company 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 your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Acts.
## **Independent examiner's statement**
I have completed my exmination. I confirm that no material 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 company as required by seciont 386 of the 2006 Act; or 2) the accounts do not accord with those records; or
3) the accounts 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 accounts have not been prepared in accordance with the methods and priniciples 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 accounts to be reached.
Signed: Simon Bostrom Name: Simon Bostrom
Relevant professional qualification or body: FCIE
Date: 14/12/2022
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
|Notes
2022
Unrestricted
funds
£
**Income from:**
Grants, contracts and donations
(2)
38,391
Sales and fees
33,101
Membership fees
3,615
Room hire income
280
Bank interest
371
Other income
-
Community Arts Umbrella income
373
**Total income**
76,131
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
(3)
51,867
Sub-contractors (artists)
36,654
Travel and subsistence expenses
-
Training and recruitment
336
Volunteer and participant expenses
116
Rent, rates and insurance
497
Utilities
2,640
Internet and telephone
522
Materials
830
Printing, stationery and office supplies
1,112
Marketing and publicity
12
Professional fees
1,157
Accounting (incl. examination)
5,470
Equipment
613
Van
999
Room hire
-
Cleaning and maintenance
3,585
Subscriptions
-
Security
74
Bank Service Charges
738
Governance
84
Community Arts Umbrella
863
Repayment of cancelled commission
-
Other Direct Costs (sundries)
365
Depreciation
4,657
**Total expenditure**
113,191
**Net income / (expenditure)**
(37,060)
**Transfers between funds**
-
**Net movement in funds**
(37,060)
**Fund balances brought forward**
183,058
**Fund balances carried forward**
(4)
145,998|2022
Restricted
funds
£
67,607
-
-
-
-
-
-
67,607
65,065
-
172
860
802
580
1,675
619
3,299
1,411
498
516
275
2,320
296
-
4,087
374
144
-
-
6,000
-
2,958
-
91,951
(24,344)
-
(24,344)
79,855
55,511|2022
Total
funds
£
105,998
33,101
3,615
280
371
-
373
143,738
116,932
36,654
172
1,196
918
1,077
4,315
1,141
4,129
2,523
510
1,673
5,745
2,933
1,295
-
7,672
374
218
738
84
6,863
-
3,323
4,657
205,142
(61,404)
-
(61,404)
262,913
201,509|2021
Total
funds
£
309,537
4,042
1,440
-
536
1,551
1,353
318,459
118,058
29,106
45
300
387
1,753
2,654
1,087
3,058
2,831
1,655
1,673
6,060
34,979
3,194
4,000
8,256
379
1,455
287
-
3,163
3,208
2,961
4,657
235,206
83,253
-
83,253
179,660
262,913|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
|2022
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
6,172
**Total fixed assets**
6,172
**Current assets**
Debtors and prepayments
(6)
15,565
Cash at bank and in hand
(7)
132,203
**Total current assets**
147,768
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
7,942
**Total current liabilities**
7,942
**Net current assets**
139,826
**Total assets less current liabilities**
145,998
**Net assets**
145,998
**Funds**
Unrestricted funds
145,998
Restricted funds
-
**Total funds**
145,998|2022
Restricted
£
-
-
331
73,804
74,135
18,624
18,624
55,511
55,511
55,511
-
55,511
55,511|2022
Total
£
6,172
6,172
15,896
206,007
221,903
26,566
26,566
195,337
201,509
201,509
145,998
55,511
201,509|2021
Total
£
10,828
10,828
18,097
237,125
255,222
3,137
3,137
252,085
262,913
262,913
183,058
79,855
262,913|
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on
Date: 10/12/2022
Signed: Karen Steenson
(Trustee)
Name: Dr Karen Steenson
8
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year.
## **Going concern**
At the time of signing these accounts the charity has been impacted by the global COVID-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred.
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £1,200 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives (3 years for computer equipment, 4 years for other equipment).
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
9
|**2 Grants, contracts and donations**
**2022**
**Unrestricted**
**funds £**
Arts Council
C19 Recovery
-
Arts & Investment Grant
18,500
Justart
15,000
Fundraising
17
Gifts and donations
3,945
Henry Smith Charity
Flourish
-
HMRC
Job Retention Scheme
-
National Lottery Community
Fund - Reaching Communities
Thrive Development
-
COVID-19 response and recovery grants
-
Other restricted grants
-
Other unrestricted grants and contracts
929
38,391
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Payroll fees
Furlough fees
Pensions
Pension fees
Bradford Met. District Council|**2022**
**Restricted**
**funds £**
3,919
-
-
-
-
15,350
8,470
39,868
-
-
-
67,607|**2022**
**Total**
**funds £**
3,919
18,500
15,000
17
3,945
15,350
8,470
39,868
-
-
929
105,998
**2022 £**
112,014
5,470
(4,000)
1,202
420
1,583
242
116,932|**2021**
**Total**
**funds £**
48,081
18,500
9,000
158
7,328
15,350
30,874
44,267
120,746
15,083
150
309,537
**2021 £**
113,589
4,866
(4,000)
1,410
600
1,485
108
118,058|
|---|---|---|---|
The average number of employees during the year was 8.3, being an average of 5.2 full time equivalent (2020-21: 9.9, 5.5 FTE).
|(2020-21: 9.9, 5.5 FTE).|||
|---|---|---|
|There were no employees with emoluments above £60,000.|||
|**Defined contribution pension scheme**|**2022 £**|**2021 £**|
|Costs of the scheme to the charity for the year|1,825|1,593|
|Amount of any contributions outstanding at the year end|-|-|
|Amount of any contributions prepaid at the year end|-|-|
10
|**4 Restricted funds**
**Balance**
**b/f £**
Arts Council
C19 Recovery
AN
-
Bradford & District Association
for Mental Health
Development
R
5,045
Brelms Trust
POP
AP
3,505
Henry Smith Charity
Flourish
AV 17,852
HMRC Job Retention Scheme
Furlough
AT
-
National Lottery Community
Fund (NLCF) - Reaching
Communities
Thrive
Development
N
46,253
Shipley Town Council
Fire door
AX
800
VCS Transformation Fund
CAU costs
P
6,400
79,855|3,919
-
-
15,350
8,470
39,868
-
-
67,607
**Incoming**
**£**|3,919
1,788
3,505
33,202
8,470
34,267
800
6,000
91,951
**Outgoing**
**£**|-
-
-
-
-
-
-
-
-
**Transfers**
**£**|**Balance**
**c/f £**
-
3,257
-
-
-
51,854
-
400
55,511|
|---|---|---|---|---|
## **Fund name**
**Thrive / Thrive Development**
**POP B&DAMH Development**
**Flourish**
## **COVID-19 Recovery (Arts Council)**
**Furlough Fire door CAU costs (VCS)**
## **Purpose of restriction**
Creative engagement promoting volunteering for people with mental health issues, originally taking place at Hive but now in the wider community. Creative team building for young people with mental health issues. Development projects.
Creative programme to improve representation, access to support services, and wellbeing, and to build support networks for vulnerable new communities, in West Bowling, Undercliffe and Keighley.
Funding to subsidise courses with lower capacity due to COVID-19, to deliver mixed online, remote, and in person creative activities, to facilitate remote and flexible working, and to set up a creative helpline for those unfamiliar with technology.
The Government's Job Retention Scheme
Contribution to replacement of external fire door Survey costs for the Community Asset Transfer
11
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Vehicles and equipment £**
**Computers £**
**Cost**
At 1 April 2021
22,718
4,125
Additions
-
-
At 31 March 2022
22,718
4,125
**Depreciation**
At 1 April 2021
11,890
4,125
Charge for year
4,656
-
At 31 March 2022
16,546
4,125
**Net book value**
At 31 March 2021
10,828
-
At 31 March 2022
6,172
-
**Debtors and prepayments**
**2022 £**
Debtors
Justart project
6,000
Student placements
-
Restricted grants
-
Unrestricted grants
4,625
Bank Interest
233
Direct Commissionings / Room Hire
-
Prepayments
Insurance / Van insurance
2,075
Salaries prepayment
2,962
15,896
**Cash at bank and in hand**
**2022 £**
Current account
37,787
Deposit accounts
160,369
PayPal
7,824
Petty cash
27
206,007
**Creditors and accruals**
**2022 £**
Creditors
Direct projects costs (artists,materials,marketing,training)
Di
6,090
Overheads (utilities, copier, cleaning, maintenance, security) Ov
1,827
Professional fees
Fe
504
Independent examination
Ye
684
Unearned income
Grants received in advance
Gr
17,460
Grants of £12,500 (BMDC Arts Recovery Grant) and £4,960 (CNET
26,566
Woodwork Wednesdays) were received at the end of March for
projects starting in April 2022, against which expenditure could not be
made until the project start date.|**Total £**
26,843
-
26,843
16,015
4,656
20,671
10,828
6,172
**2021 £**
7,500
1,183
3,281
4,625
-
150
320
1,038
18,097
**2021 £**
65,616
170,441
1,003
64
237,125
**2021 £**
1,698
125
630
684
-
3,137|
|---|---|---|
## **9 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The key management personnel of the charity comprises the Manager only. The total employee benefits of the key management personnel of the charity were £27,912 (2021: £23,236)
## **10 Operating leases**
|Within one year
In the second to fifth years inclusive
(No payments are committed over five years from the balance sheet date)
Expected future minimum lease payments over the remaining life of the lease,
analysed into the period in which the commitment falls due:|-
-
-
**Land and**
**buildings £**|**Copier £**
2,064
3,096
5,160|
|---|---|---|
12
|2022
2021
Unrestricted Unrestricted
funds
funds
£
£
**Income from:**
Grants, contracts and donations
38,391
55,819
Sales and fees
33,101
4,042
Membership fees
3,615
1,440
Room hire income
280
-
Bank interest
371
536
Other income
-
1,551
Community Arts Umbrella income
373
1,353
**Total income**
76,131
64,741
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
51,867
2,963
Sub-contractors (artists)
36,654
8,000
Travel and subsistence expenses
-
-
Training and recruitment
336
-
Volunteer and participant expenses
116
10
Rent, rates and insurance
497
911
Utilities
2,640
386
Internet and telephone
522
-
Materials
830
511
Printing, stationery and office supplies
1,112
456
Marketing and publicity
12
-
Professional fees
1,157
955
Accounting (incl. examination)
5,470
3,112
Equipment
613
100
Van
999
-
Room hire
-
-
Cleaning and maintenance
3,585
1,764
Subscriptions
-
-
Security
74
747
Bank Service Charges
738
273
Governance
84
-
Community Arts Umbrella
863
163
Repayment of cancelled commission
-
3,208
Other Direct Costs (sundries)
365
3
Depreciation
4,657
4,657
**Total expenditure**
113,191
28,219
**Net income / (expenditure)**
(37,060)
36,523
**Transfers between funds**
-
25,544
**Net movement in funds**
(37,060)
62,067
**Fund balances brought forward**
183,058
125,932
**Fund balances carried forward**
145,998
187,999|2022
Restricted
funds
£
67,607
-
-
-
-
-
-
67,607
65,065
-
172
860
802
580
1,675
619
3,299
1,411
498
516
275
2,320
296
-
4,087
374
144
-
-
6,000
-
2,958
-
91,951
(24,344)
-
(24,344)
79,855
55,511|2021
Restricted
funds
£
253,718
-
-
-
-
-
-
253,718
115,095
21,106
45
300
377
842
2,268
1,087
2,547
2,375
1,655
718
2,948
34,879
3,194
4,000
6,492
379
708
14
-
3,000
-
2,958
-
206,987
46,731
(25,544)
21,187
40,115
61,301|2022
Total
funds
£
105,998
33,101
3,615
280
371
-
373
143,738
116,932
36,654
172
1,196
918
1,077
4,315
1,141
4,129
2,523
510
1,673
5,745
2,933
1,295
-
7,672
374
218
738
84
6,863
-
3,323
4,657
205,142
(61,404)
-
(61,404)
262,913
201,509|2021
Total
funds
£
309,537
4,042
1,440
-
536
1,551
1,353
318,459
118,058
29,106
45
300
387
1,753
2,654
1,087
3,058
2,831
1,655
1,673
6,060
34,979
3,194
4,000
8,256
379
1,455
287
-
3,163
3,208
2,961
4,657
235,206
83,253
-
83,253
179,660
262,913|
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
13
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 13|
1
## **Reference and administrative details of the charity, its trustees and advisors**
## **Trustees**
The trustees during the financial year and up to and including the date the report was approved were:
|**Name**|**Position**|**Dates**|
|---|---|---|
|Susan Bale|Chair (from January 2022)||
|Steve Mackay|Chair (to January 2022)||
|Clive Whittaker||From February 2022|
|Jeannie Crowther|||
|Karen Steenson|||
|Michael Kennedy|||
|Peter Walton||To September 2022|
|Sue Rana|||
|**Company secretary**|||
|Karen Steenson|(from January 2022)||
|Susan Bale|(to January 2022)||
|**Charity number**|1100741|Registered in England and Wales|
|**Company number**|04720047|Registered in England and Wales|
|**Registered and principal**|**address**||
Kirkgate, Shipley, West Yorkshire, BD18 3EH
## **Bankers**
Cooperative Bank, 1 Balloon Street, Manchester, M60 4EP Virgin Money, Jubilee House, Gosforth, NE3 4PL
Nationwide Building Society, 5-11 St Georges Street, Douglas, Isle of Man, IM99 1AS
## **Independent examiner**
Simon Bostrom FCIE
West Yorkshire Community Accountancy Service CIO, Stringer House, 34 Lupton Street, Leeds, LS10 2QW
## **Structure, governance and management**
The charity is a company limited by guarantee and was formed on 2nd April 2003. It is governed by a memorandum and articles of association as amended by special resolutions on 22 October 2003 and 4 April 2017. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.
## **Change of name**
On 1 April 2012 Kirkgate Studios and Workshops changed its name to Hive Bradford (working name Hive); the name change was registered at Companies House on 16 March 2012.
## **Objectives and activities**
## **The charity's objects**
The advancement of education for the public by the provision of vocational and other training courses. The provision of facilities for recreation and leisure time activities for people who have need of them by reasons of age, infirmity or disablement, poverty or social and economic circumstances with a view of improving the conditions in life of such persons.
## **The charity's main activities**
Hive offers adult education classes in various arts and crafts activities. We also provide a range of activities for specific communities and clients both at the workshop and across Bradford District. We offer access to our facilities, creative equipment and support to individuals and volunteers looking to develop their skills and confidence.
2
## **Objectives and activities (continued)**
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education and the provision of facilities for recreation or other leisure time occupation. Hive Bradford works to promote the inclusion of:
- vulnerable and disadvantaged children and young people, young offenders and those at risk of offending, through learning, skills-building, creative opportunities and community projects.
- disadvantaged adults, particularly providing steps back into employment through volunteering, skillsbuilding and self-confidence.
- vulnerable and disadvantaged older people, through providing activities, social links and combatting loneliness.
Hive supports continuing life-long learning through a programme of creative adult learning, creative outreach courses, arts and health activities and free drop-in access. Hive Bradford also supports local economy and community regeneration through involvement in local visioning events, working in and fostering partnership, creating employment and volunteering opportunities, local procurement where possible and access to workshop facilities.
## **Achievements and performance**
After a year of opening for short periods of time and then going back into lockdown. Hive fully reopened its doors on 17th May 2021 with COVID safety restrictions in place. Initially we opened for pre-booked socially-distanced drop-ins and a mixture of hybrid online and in-person courses.
Simon, who had worked with us for many years as a woodwork tutor, technician and operations coordinator, retired in September 2021 and we would like to thank him for all his hard work at Hive.
Our regular full programme of courses began again in September 2021 with all-time favourites such as ceramics and stained glass filling up quickly as people were keen to get back into doing something creative. A new woodwork tutor, Emily, came on board and started to deliver beginner and intermediate woodwork courses, and classes for home-schooled children.
Our regular supported drop-ins, including chat and craft and drop-in and draw, began again. These sessions are particularly focussed on wellbeing, and slowly throughout the year we have increased the number of referrals from long-established mental health partners as confidence was building in taking part in group activities.
Thrive, our wellbeing project, was extended for an extra year due to the COVID disruption and staff illness, and is now due to run until December 2023. Work on the project this year has included work with Making Space and Empowered Lives, as well as a new partnership with Oasis Academy’s Community Hub delivering wellbeing events and projects. Sessions have been delivered in person and via Zoom allowing for a wider engagement with hard-to-reach communities during the pandemic. Thrive has supported a team of volunteers, recruited through partner organisations, to deliver a successful wellbeing project exploring cultural in arts and crafts.
Flourish, our project working with refugees and asylum seekers, continued to work with Roshni Ghar in Keighley and Shine in West Bowling as well as forming a new partnership with Bradford Refugee Forum. A mixture of indoor, outdoor and Zoom sessions helped to keep groups engaged. We held an exhibition of completed work from November 2021 to March 2022 at Bradford Industrial Museum, and some of this work is going to be kept as part of their permanent display. Flourish groups are also working on ceramic plates for our 40th birthday celebrations.
3
## **Achievements and performance (continued)**
Several years ago Hive and our upstairs neighbours, the Kirkgate Centre, established the Community Arts Umbrella (CAU) together, an organisation to manage the future of our beloved building. They submitted a Business Plan and application to the council for a Community Asset Transfer of the building, which has been stalled for some time, and more recently put together a bid to Shipley Towns Fund for renovations to both floors as part of a wider investment in Shipley through the Town Investment Plan or TIP.
The bid was successful in its first stage, subject to a more in-depth business case submitted to Government. The business case included proposed designs for the building and a consultation took place with Hive and Kirkgate Centre members between January and April 2022. As this report is being written, the business case is about to be submitted to Government, whilst the Community Asset Transfer has been approved subject to lease terms. Work should begin on renovating the building in spring 2023.
Our Christmas Fair and our AGM was held on 4th December 2021, which was an opportunity to introduce the initial plans for the project to our members, as well as enjoying the usual creative Christmassy fun.
This year we have significantly adapted our ways of working and upgraded our systems to enable better communication both internally and externally, and to allow us to work more flexible from home or in the office. This has had a massive impact on the way we work and will help us when we have to relocate during the building renovations. We are currently looking for a temporary base in the centre of Shipley whilst the renovations are taking place, so that we can continue some of our activities and keep people updated during the process.
In March 2022, as a result of an additional restrictions grant from Bradford Council, Hive were able to employ ten artist support workers to shadow our current tutors in the delivery of our creative classes. Once they have completed this programme we hope to support them further to develop their creative practises and deliver their own classes.
Hive is 40 years old in 2022 and we are planning a celebration day on July 23rd, including showcasing an archive of old photos of Hive (and Kirkgate Studios and Workshop) we have been building to commemorate this occasion.
This has been a challenging year for Hive to re-establish face-to-face services after long periods of full or partial closure and ongoing concerns about COVID-19, particular amongst some of our more vulnerable members. We would like to thank everyone that has supported us during this time and continued to make use of our services. We look forward to a bright future with a rejuvenated building.
4
## **Financial review**
The net expenditure for the year was £61,404, including net expenditure of £24,344 on restricted funds and net expenditure of £37,060 on unrestricted funds.
## **Reserves policy**
The management committee of Hive has agreed to maintain reserve funds at sufficient levels in order to allow the smooth operation of the charity’s activities (in accordance with Charity Commission guidelines). Hive aims to hold free reserves (ie. unrestricted funds not committed or invested in tangible fixed assets) of between 6 and 9 months (currently £105,152 - £157,727). In line with the Charities Commissions SORP 2005 Paragraph 55(a) Hive will include information about our reserves policy and the level of reserves held in its Annual Report.
The charity's free reserves, excluding fixed assets, at the year end were £139,826 (2021: £172,557), within the range required by the reserves policy.
## **Statement of trustees' responsibilities**
The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.
Company law requires the trustees to prepare financial accounts for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and apply them consistently;
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.
Signed on behalf of the board of trustees:
Signed Karen Steenson (Trustee)
Name Dr Karen Steenson
Date 10/12/2022
5
I report to the charity on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 13.
## **Responsibilities and basis of report**
As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company 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 your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Acts.
## **Independent examiner's statement**
I have completed my exmination. I confirm that no material 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 company as required by seciont 386 of the 2006 Act; or 2) the accounts do not accord with those records; or
3) the accounts 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 accounts have not been prepared in accordance with the methods and priniciples 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 accounts to be reached.
Signed: Simon Bostrom Name: Simon Bostrom
Relevant professional qualification or body: FCIE
Date: 14/12/2022
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
|Notes
2022
Unrestricted
funds
£
**Income from:**
Grants, contracts and donations
(2)
38,391
Sales and fees
33,101
Membership fees
3,615
Room hire income
280
Bank interest
371
Other income
-
Community Arts Umbrella income
373
**Total income**
76,131
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
(3)
51,867
Sub-contractors (artists)
36,654
Travel and subsistence expenses
-
Training and recruitment
336
Volunteer and participant expenses
116
Rent, rates and insurance
497
Utilities
2,640
Internet and telephone
522
Materials
830
Printing, stationery and office supplies
1,112
Marketing and publicity
12
Professional fees
1,157
Accounting (incl. examination)
5,470
Equipment
613
Van
999
Room hire
-
Cleaning and maintenance
3,585
Subscriptions
-
Security
74
Bank Service Charges
738
Governance
84
Community Arts Umbrella
863
Repayment of cancelled commission
-
Other Direct Costs (sundries)
365
Depreciation
4,657
**Total expenditure**
113,191
**Net income / (expenditure)**
(37,060)
**Transfers between funds**
-
**Net movement in funds**
(37,060)
**Fund balances brought forward**
183,058
**Fund balances carried forward**
(4)
145,998|2022
Restricted
funds
£
67,607
-
-
-
-
-
-
67,607
65,065
-
172
860
802
580
1,675
619
3,299
1,411
498
516
275
2,320
296
-
4,087
374
144
-
-
6,000
-
2,958
-
91,951
(24,344)
-
(24,344)
79,855
55,511|2022
Total
funds
£
105,998
33,101
3,615
280
371
-
373
143,738
116,932
36,654
172
1,196
918
1,077
4,315
1,141
4,129
2,523
510
1,673
5,745
2,933
1,295
-
7,672
374
218
738
84
6,863
-
3,323
4,657
205,142
(61,404)
-
(61,404)
262,913
201,509|2021
Total
funds
£
309,537
4,042
1,440
-
536
1,551
1,353
318,459
118,058
29,106
45
300
387
1,753
2,654
1,087
3,058
2,831
1,655
1,673
6,060
34,979
3,194
4,000
8,256
379
1,455
287
-
3,163
3,208
2,961
4,657
235,206
83,253
-
83,253
179,660
262,913|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
|2022
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
6,172
**Total fixed assets**
6,172
**Current assets**
Debtors and prepayments
(6)
15,565
Cash at bank and in hand
(7)
132,203
**Total current assets**
147,768
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
7,942
**Total current liabilities**
7,942
**Net current assets**
139,826
**Total assets less current liabilities**
145,998
**Net assets**
145,998
**Funds**
Unrestricted funds
145,998
Restricted funds
-
**Total funds**
145,998|2022
Restricted
£
-
-
331
73,804
74,135
18,624
18,624
55,511
55,511
55,511
-
55,511
55,511|2022
Total
£
6,172
6,172
15,896
206,007
221,903
26,566
26,566
195,337
201,509
201,509
145,998
55,511
201,509|2021
Total
£
10,828
10,828
18,097
237,125
255,222
3,137
3,137
252,085
262,913
262,913
183,058
79,855
262,913|
|---|---|---|---|
For the year ending 31 March 2022 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and with FRS 102 (effective January 2019).
The financial statements were approved by the board of trustees on
Date: 10/12/2022
Signed: Karen Steenson
(Trustee)
Name: Dr Karen Steenson
8
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102.
There has been no change to the accounting policies since last year.
## **Going concern**
At the time of signing these accounts the charity has been impacted by the global COVID-19 virus. The trustees have reassessed the charity’s ability to continue for at least 12 months from the date the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred.
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Tangible fixed assets**
Tangible fixed assets costing more than £1,200 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives (3 years for computer equipment, 4 years for other equipment).
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
9
|**2 Grants, contracts and donations**
**2022**
**Unrestricted**
**funds £**
Arts Council
C19 Recovery
-
Arts & Investment Grant
18,500
Justart
15,000
Fundraising
17
Gifts and donations
3,945
Henry Smith Charity
Flourish
-
HMRC
Job Retention Scheme
-
National Lottery Community
Fund - Reaching Communities
Thrive Development
-
COVID-19 response and recovery grants
-
Other restricted grants
-
Other unrestricted grants and contracts
929
38,391
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Payroll fees
Furlough fees
Pensions
Pension fees
Bradford Met. District Council|**2022**
**Restricted**
**funds £**
3,919
-
-
-
-
15,350
8,470
39,868
-
-
-
67,607|**2022**
**Total**
**funds £**
3,919
18,500
15,000
17
3,945
15,350
8,470
39,868
-
-
929
105,998
**2022 £**
112,014
5,470
(4,000)
1,202
420
1,583
242
116,932|**2021**
**Total**
**funds £**
48,081
18,500
9,000
158
7,328
15,350
30,874
44,267
120,746
15,083
150
309,537
**2021 £**
113,589
4,866
(4,000)
1,410
600
1,485
108
118,058|
|---|---|---|---|
The average number of employees during the year was 8.3, being an average of 5.2 full time equivalent (2020-21: 9.9, 5.5 FTE).
|(2020-21: 9.9, 5.5 FTE).|||
|---|---|---|
|There were no employees with emoluments above £60,000.|||
|**Defined contribution pension scheme**|**2022 £**|**2021 £**|
|Costs of the scheme to the charity for the year|1,825|1,593|
|Amount of any contributions outstanding at the year end|-|-|
|Amount of any contributions prepaid at the year end|-|-|
10
|**4 Restricted funds**
**Balance**
**b/f £**
Arts Council
C19 Recovery
AN
-
Bradford & District Association
for Mental Health
Development
R
5,045
Brelms Trust
POP
AP
3,505
Henry Smith Charity
Flourish
AV 17,852
HMRC Job Retention Scheme
Furlough
AT
-
National Lottery Community
Fund (NLCF) - Reaching
Communities
Thrive
Development
N
46,253
Shipley Town Council
Fire door
AX
800
VCS Transformation Fund
CAU costs
P
6,400
79,855|3,919
-
-
15,350
8,470
39,868
-
-
67,607
**Incoming**
**£**|3,919
1,788
3,505
33,202
8,470
34,267
800
6,000
91,951
**Outgoing**
**£**|-
-
-
-
-
-
-
-
-
**Transfers**
**£**|**Balance**
**c/f £**
-
3,257
-
-
-
51,854
-
400
55,511|
|---|---|---|---|---|
## **Fund name**
**Thrive / Thrive Development**
**POP B&DAMH Development**
**Flourish**
## **COVID-19 Recovery (Arts Council)**
**Furlough Fire door CAU costs (VCS)**
## **Purpose of restriction**
Creative engagement promoting volunteering for people with mental health issues, originally taking place at Hive but now in the wider community. Creative team building for young people with mental health issues. Development projects.
Creative programme to improve representation, access to support services, and wellbeing, and to build support networks for vulnerable new communities, in West Bowling, Undercliffe and Keighley.
Funding to subsidise courses with lower capacity due to COVID-19, to deliver mixed online, remote, and in person creative activities, to facilitate remote and flexible working, and to set up a creative helpline for those unfamiliar with technology.
The Government's Job Retention Scheme
Contribution to replacement of external fire door Survey costs for the Community Asset Transfer
11
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Vehicles and equipment £**
**Computers £**
**Cost**
At 1 April 2021
22,718
4,125
Additions
-
-
At 31 March 2022
22,718
4,125
**Depreciation**
At 1 April 2021
11,890
4,125
Charge for year
4,656
-
At 31 March 2022
16,546
4,125
**Net book value**
At 31 March 2021
10,828
-
At 31 March 2022
6,172
-
**Debtors and prepayments**
**2022 £**
Debtors
Justart project
6,000
Student placements
-
Restricted grants
-
Unrestricted grants
4,625
Bank Interest
233
Direct Commissionings / Room Hire
-
Prepayments
Insurance / Van insurance
2,075
Salaries prepayment
2,962
15,896
**Cash at bank and in hand**
**2022 £**
Current account
37,787
Deposit accounts
160,369
PayPal
7,824
Petty cash
27
206,007
**Creditors and accruals**
**2022 £**
Creditors
Direct projects costs (artists,materials,marketing,training)
Di
6,090
Overheads (utilities, copier, cleaning, maintenance, security) Ov
1,827
Professional fees
Fe
504
Independent examination
Ye
684
Unearned income
Grants received in advance
Gr
17,460
Grants of £12,500 (BMDC Arts Recovery Grant) and £4,960 (CNET
26,566
Woodwork Wednesdays) were received at the end of March for
projects starting in April 2022, against which expenditure could not be
made until the project start date.|**Total £**
26,843
-
26,843
16,015
4,656
20,671
10,828
6,172
**2021 £**
7,500
1,183
3,281
4,625
-
150
320
1,038
18,097
**2021 £**
65,616
170,441
1,003
64
237,125
**2021 £**
1,698
125
630
684
-
3,137|
|---|---|---|
## **9 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
## **Remuneration and benefits received by key management personnel**
The key management personnel of the charity comprises the Manager only. The total employee benefits of the key management personnel of the charity were £27,912 (2021: £23,236)
## **10 Operating leases**
|Within one year
In the second to fifth years inclusive
(No payments are committed over five years from the balance sheet date)
Expected future minimum lease payments over the remaining life of the lease,
analysed into the period in which the commitment falls due:|-
-
-
**Land and**
**buildings £**|**Copier £**
2,064
3,096
5,160|
|---|---|---|
12
|2022
2021
Unrestricted Unrestricted
funds
funds
£
£
**Income from:**
Grants, contracts and donations
38,391
55,819
Sales and fees
33,101
4,042
Membership fees
3,615
1,440
Room hire income
280
-
Bank interest
371
536
Other income
-
1,551
Community Arts Umbrella income
373
1,353
**Total income**
76,131
64,741
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
51,867
2,963
Sub-contractors (artists)
36,654
8,000
Travel and subsistence expenses
-
-
Training and recruitment
336
-
Volunteer and participant expenses
116
10
Rent, rates and insurance
497
911
Utilities
2,640
386
Internet and telephone
522
-
Materials
830
511
Printing, stationery and office supplies
1,112
456
Marketing and publicity
12
-
Professional fees
1,157
955
Accounting (incl. examination)
5,470
3,112
Equipment
613
100
Van
999
-
Room hire
-
-
Cleaning and maintenance
3,585
1,764
Subscriptions
-
-
Security
74
747
Bank Service Charges
738
273
Governance
84
-
Community Arts Umbrella
863
163
Repayment of cancelled commission
-
3,208
Other Direct Costs (sundries)
365
3
Depreciation
4,657
4,657
**Total expenditure**
113,191
28,219
**Net income / (expenditure)**
(37,060)
36,523
**Transfers between funds**
-
25,544
**Net movement in funds**
(37,060)
62,067
**Fund balances brought forward**
183,058
125,932
**Fund balances carried forward**
145,998
187,999|2022
Restricted
funds
£
67,607
-
-
-
-
-
-
67,607
65,065
-
172
860
802
580
1,675
619
3,299
1,411
498
516
275
2,320
296
-
4,087
374
144
-
-
6,000
-
2,958
-
91,951
(24,344)
-
(24,344)
79,855
55,511|2021
Restricted
funds
£
253,718
-
-
-
-
-
-
253,718
115,095
21,106
45
300
377
842
2,268
1,087
2,547
2,375
1,655
718
2,948
34,879
3,194
4,000
6,492
379
708
14
-
3,000
-
2,958
-
206,987
46,731
(25,544)
21,187
40,115
61,301|2022
Total
funds
£
105,998
33,101
3,615
280
371
-
373
143,738
116,932
36,654
172
1,196
918
1,077
4,315
1,141
4,129
2,523
510
1,673
5,745
2,933
1,295
-
7,672
374
218
738
84
6,863
-
3,323
4,657
205,142
(61,404)
-
(61,404)
262,913
201,509|2021
Total
funds
£
309,537
4,042
1,440
-
536
1,551
1,353
318,459
118,058
29,106
45
300
387
1,753
2,654
1,087
3,058
2,831
1,655
1,673
6,060
34,979
3,194
4,000
8,256
379
1,455
287
-
3,163
3,208
2,961
4,657
235,206
83,253
-
83,253
179,660
262,913|
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
13
## Hive Bradford
## Independent examiner's report to the trustees of Hive Bradford
I report to the charity on my examination of the accounts of the charitable company for the year ended 31 March 2022, which are set out on pages 7 to 13.
## **Responsibilities and basis of report**
As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the charitable company 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 your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Acts.
## **Independent examiner's statement**
I have completed my exmination. I confirm that no material 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 company as required by seciont 386 of the 2006 Act; or 2) the accounts do not accord with those records; or
3) the accounts 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 accounts have not been prepared in accordance with the methods and priniciples 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 accounts to be reached.
Signed: …………………………………… Name: Simon Bostrom
Relevant professional qualification or body: FCIE
Date: ………14/12/2022……..
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6