## Hive Bradford
Charity number 1100741
A company limited by guarantee number 04720047
## Annual Report and Financial Statements
for the year ended 31 March 2023
Hive Bradford
## Annual Report and Financial Statements
for the year ended 31 March 2023
|**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
## Hive Bradford
## Trustees' report for the year ended 31 March 2023
## **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, Treasurer Elaine Hankinson From July 2023 Hannah Robson From May 2023 Jeannie Crowther John Hird From April 2023 Karen Steenson Oliver Engley From May 2023 Raymond Higgins From March 2023 Sue Rana Clive Whittaker To April 2023 Michael Kennedy To June 2023 Peter Walton To September 2022 Steve Mackay To December 2022 **Company secretary** Karen Steenson **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.
2
## Hive Bradford
## Trustees' report (continued) for the year ended 31 March 2023
## **Objectives and activities (continued)**
## **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.
## **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 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 also supports local economy and community regeneration through involvement in local events, working in and fostering partnership, creating employment and volunteering opportunities, local procurement and access to workshop facilities.
## **Achievements and performance**
Hive has been very busy this year. As well as delivering our usual range of courses and projects, we have been working with the Kirkgate Centre on developing the Shipley Sustainable Community Hub, a project to refurbish and revitalise the building which both organisations have occupied for the last 40 years.
The building, an old school built in the 1800s, has not had any significant work done on it since the 1970s and is in need of structural, electrical, and environmental improvement. Hive and Kirkgate Centre have set up the Old School Building Company (OSBC - formerly known as the Community Arts Umbrella) to oversee the project and manage and maintain the building in future. The OSBC are completing a Community Asset Transfer of the building from Bradford Council and will then sublease the building to Hive and Kirkgate Centre. The OSBC has been awarded £2.51million from the Shipley Towns Fund for the renovation work, and are developing a plan for the project with architects, lawyers and members of both tenant organisations.
This work has taken up a lot of time for both organisations, and we would particularly like to thank former Chair of Trustees Steve Mackay, who was involved in the project from the start and put in around seven years to get us to this point, delaying his retirement from the board for three years. Karen Steenson has also been involved since the start and continues to represent Hive at OSBC meetings. We thank her for her continuing contribution to one of the largest projects Hive has undertaken. Susan Bale replaced Steve as Chair of the Hive board and on the OSBC, and has been a real asset in the partnership working between the two organisations.
Several of our longer-term project workers left during this period, including Claire Rookes, Jane McDonald and Luke Waltham, although they continue to work for us on an occasional basis in a freelance capacity.
Our regular full programme of courses continued this year and included ceramics, stained glass, painting and drawing and printmaking. We also developed some new courses including Collage and Mixed Media, Creative Journalling, Gelli Printing and Dress-making.
As we are going to be moving out of our building for a year during the renovations, we have been arranging regular visits to our new venues. St Peter's Church are being wonderful in helping us to relocate to their premises, whilst Bradford College and Shipley Men's Shed are housing our Pottery and Woodwork provision.
Our regular supported drop-ins continued to be delivered during this period to 350 people. These are free sessions to improve wellbeing and include Woodwork Wednesdays, Drop in and Draw, and Chat and Craft. These sessions are really popular as an introduction to Hive and are used as referral opportunities for mental health partners.
3
## Hive Bradford
## Trustees' report (continued) for the year ended 31 March 2023
## **Achievements and performance (continued)**
After a period of delivering activities online, Thrive re-established face-to-face sessions with Friday Thrive, a regular creative programme delivered at Hive where participants become volunteers and support the sessions after a period of time. These sessions are valuable for individuals leaving statutory health care to actively engage with the wider community, increasing wellbeing. The project is popular with healthcare providers, in particular Lynfield Mount Hospital.
We worked with asylum seekers and refugees from Afghanistan between April and July 2022. The project at Oasis Academy Community Hub, based around cultural similarities and collaborations, helped participants to integrate into the local community. Participants explored art forms from another culture, looking for similarities, and incorporate creative techniques from their own culture. We worked with 16 participants and their extended families, also focussing on ESOL teaching (English for speakers of other languages), with participants learning new vocabulary specific to the activities and Bradford City. The project helped to remove stigma towards asylum seekers by giving individuals a voice, informed participants of opportunities across the district, and provided a safe environment for participants to focus on their mental wellbeing.
In summer 2022 we delivered creative activities to residents of Manningham (BD9) for a full day of celebrations at the Dubrovnik Hotel in honour of the Queen's Jubilee. Over 80 participants joined in the creative fun, including creating flags that represented their ethnic identity and nationality, allowing different community ethnic groups to interact in a positive and safe environment.
We delivered creative sessions in different wards at Lynfield Mount, with a focus on colour. Each ward had an opportunity to experiment with clay to create self-portraits, pinch pots and hanging mobiles. All the work is now exhibited in the community café for visitors and patients to enjoy.
Flourish, our project working with refugees and asylum seekers, had an exhibition of work at Bradford Industrial Museum in early 2022. Workshops were also held during Refugee Week exploring journeys and destinations using papercrafts and drawing techniques. Banners and wall hangings made by groups on the Flourish project were exhibited in Bradford’s 2025 Building in Centenary Square. Participants said about their work:
"I was ashamed of my name but now I’m proud of who I am. The rest of the colours are to represent the beautiful colours of England in the spring and summer time."
"My work looks like tears of crying for leaving my home country Moscow. Crossing the river by plane to the green of England."
Our Together With Needle and Thread project focused on the Bradford connections of Louisa Pesel (18701947), born in Manningham, who worked with Belgian refugees and soldiers experiencing shellshock in the First World War (The Bradford Khaki Handicrafts Club). We partnered with Sharing Voices and a hotel housing refugees and asylum seekers, both in Manningham. The work of the Bradford Khaki Handicrafts Club was explored in detail and offered a way of reflecting on the armed forces community in the city and their experiences of returning to civilian life. The work produced on this project is currently begin developed into a book and we are running a session at the Great Get Together, a festival celebrating Refugee Week this year.
Hive was 40 years old in 2022 and to celebrate we put on an event as part of Shipley Festival, attended by the Lord Mayor. The event had participatory workshops showcasing our current creative activities and projects, including a potters wheel experience, plant dyeing, needlefelting, Arabic calligraphy, creative activities for kids, as well as music, food and giant bubbles. We had over 30 volunteers involved and it was attended by around 350 people.
A final highlight in the autumn of 2022 was a visit from noted potter and ceramic designer Keith Brymer Jones, who came to look at the studios and see some of the work produced by the potters from Hive. There was great excitement in the build up to this event and it was attended by 60 local potters. Keith also generously donated some clay to Hive, and we hope to see him again when we move back into our refurbished building in summer 2024.
4
## Hive Bradford
## Trustees' report (continued) for the year ended 31 March 2023
## **Financial review**
The net expenditure for the year was £22,632, including net expenditure of £16,017 on restricted funds and net expenditure of £6,615 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 £96,534 - £144,800). 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 £136,535 (2022: £139,826), 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
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 04/10/2023
5
## 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 2023, 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: 04/10/2023
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
## Hive Bradford
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2023
|Notes
2023
Unrestricted
funds
£
**Income from:**
Grants, contracts and donations
(2)
21,681
Sales and fees
50,389
Membership fees
5,660
Room hire income
1,100
Bank interest
199
Community Arts Umbrella income
193
**Total income**
79,222
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
(3)
27,319
Sub-contractors (artists)
31,576
Travel and subsistence expenses
29
Training and recruitment
-
Volunteer and participant expenses
61
Rent, rates and insurance
1,802
Utilities
498
Internet and telephone
677
Materials
404
Printing, stationery and office supplies
871
Marketing and publicity
-
Professional fees
1,673
Accounting (incl. examination)
6,269
Equipment
332
Van
2,865
Cleaning and maintenance
6,036
Subscriptions
288
Security
237
Bank Service Charges
955
Governance
230
Community Arts Umbrella costs
20
Other Direct Costs (sundries)
371
Depreciation
3,324
**Total expenditure**
85,837
**Net income / (expenditure)**
(6,615)
**Transfers between funds**
-
**Net movement in funds**
(6,615)
**Fund balances brought forward**
145,998
**Fund balances carried forward**
(4)
139,383|2023
Restricted
funds
£
91,214
-
-
-
-
-
91,214
77,253
8,848
249
1,053
1,341
331
5,806
325
6,458
1,832
614
-
-
1,952
-
665
55
-
-
49
400
-
-
107,231
(16,017)
-
(16,017)
55,511
39,494|2023
Total
funds
£
112,895
50,389
5,660
1,100
199
193
170,436
104,572
40,424
278
1,053
1,402
2,133
6,304
1,002
6,862
2,703
614
1,673
6,269
2,284
2,865
6,701
343
237
955
279
420
371
3,324
193,068
(22,632)
-
(22,632)
201,509
178,877|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|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
## Hive Bradford
## Balance sheet as at 31 March 2023
|2023
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
2,848
**Total fixed assets**
2,848
**Current assets**
Debtors and prepayments
(6)
3,366
Cash at bank and in hand
(7)
139,130
**Total current assets**
142,496
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
5,961
**Total current liabilities**
5,961
**Net current assets**
136,535
**Total assets less current liabilities**
139,383
**Net assets**
139,383
**Funds**
Unrestricted funds
139,383
Restricted funds
-
**Total funds**
139,383|2023
Restricted
£
-
-
-
42,441
42,441
2,947
2,947
39,494
39,494
39,494
-
39,494
39,494|2023
Total
£
2,848
2,848
3,366
181,571
184,937
8,908
8,908
176,029
178,877
178,877
139,383
39,494
178,877|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|
|---|---|---|---|
For the year ending 31 March 2023 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: 04/10/2023
Signed: Karen Steenson
(Trustee)
Name: Dr Karen Steenson
8
## Hive Bradford
## Notes to the accounts for the year ended 31 March 2023
## **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
## Hive Bradford
## Notes to the accounts for the year ended 31 March 2023
|**2 Grants, contracts and donations**
**2023**
**Unrestricted**
**funds £**
Community Arts Umbrella
Refurb Project Mgmt
-
Arts & Investment Grant
15,000
Arts Recovery Grant
-
CNET Woodwork Weds
-
Louisa Pesel
-
Warm Spaces
-
Fundraising
223
Gifts and donations
780
Leeds Community Foundation
Cultural Inclusion
-
Morrisons
Flourish
-
National Lottery Community
Fund - Awards for All
Mamari
-
National Lottery Community
Fund - Reaching Communities
Thrive Development
-
Sovereign
Flourish
-
Tesco / Groundwork
Digital Café
-
Wharfedale
Flourish
-
Other unrestricted grants and contracts
5,678
21,681
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Payroll fees
Furlough fees
Pensions
Pension fees
Bradford Met. District Council|**2023**
**Restricted**
**funds £**
9,000
-
12,500
4,960
9,000
1,000
-
-
2,500
19,500
9,950
17,304
2,500
500
2,500
-
91,214|**2023**
**Total**
**funds £**
9,000
15,000
12,500
4,960
9,000
1,000
223
780
2,500
19,500
9,950
17,304
2,500
500
2,500
5,678
112,895
**2023 £**
100,954
5,778
(5,000)
988
-
1,624
229
104,572|**2022**
**Total**
**funds £**
-
18,500
-
-
-
-
17
3,945
-
-
39,868
-
-
-
-
43,668
105,998
**2022 £**
112,014
5,470
(4,000)
1,202
420
1,583
242
116,932|
|---|---|---|---|
The average number of employees during the year was 7.2, being an average of 4.6 full time equivalent (2021-22: 8.3, 5.2 FTE).
|(2021-22: 8.3, 5.2 FTE).|||
|---|---|---|
|There were no employees with emoluments above £60,000.|||
|**Defined contribution pension scheme**|**2023 £**|**2022 £**|
|Costs of the scheme to the charity for the year|1,853|1,825|
|Amount of any contributions outstanding at the year end|-|-|
|Amount of any contributions prepaid at the year end|-|-|
10
Notes to the accounts for the year ended 31 March 2023
(continued)
## Hive Bradford
|**4 Restricted funds**
**Balance**
**b/f £**
CAU building refurbishment
Project Mgmt
AP
-
Bradford & District Association
for Mental Health
Development
T
3,257
Arts Recovery AJ
-
Wood Weds
AX
-
Louisa Pesel
L
-
Warm Spaces
AL
-
Leeds Community Foundation
Cultural Incl.
J
-
Morrisons
Flourish
P
-
National Lottery Community
Fund (NLCF) - Awards for All
Mamari
N
-
National Lottery Community
Fund (NLCF) - Reaching
Communities
Thrive
Development
R
51,854
Sovereign Healthcare
Flourish
AR
-
Tesco Bags of Cash
Digital Café
AT
-
VCS Transformation Fund
**CAU costs**
AN
400
Wharfedale Foundation
Flourish
AV
-
55,511
Bradford Metropolitan District
Council|9,000
-
12,500
4,960
9,000
1,000
2,500
19,500
9,950
17,304
2,500
500
-
2,500
91,214
**Incoming**
**£**|9,000
1,747
12,500
4,960
7,987
1,000
-
11,294
4,992
47,851
2,500
500
400
2,500
107,231
**Outgoing**
**£**|-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
**Transfers**
**£**|**Balance**
**c/f £**
-
1,510
-
-
1,013
-
2,500
8,206
4,958
21,307
-
-
-
-
39,494|
|---|---|---|---|---|
**Fund name CAU refurbishment project management B&DAMH Development Arts Recovery Woodwork Wednesdays Louisa Pesel / Together with Needle & Thread Warm Spaces**
**Cultural Inclusion**
## **Thrive / Thrive Development**
## **Flourish**
## **Mamari**
**Digital Café CAU costs (VCS)**
## **Purpose of restriction**
Contribution towards salary costs for building refurbishment project management undertaken by Hive project manager. Development projects.
Post-COVID recovery funding to rebuild sustainability.
Supported therapeutic woodwork drop-in sessions.
Project exploring the legacy of Bradford embroiderer Louisa Pesel with refugees and asylum seekers, through textiles and wellbeing activities. Providing a warm space for people to gather and socialise.
Cultural inclusion research in planning the refurbished building layout and facilities.
Creative engagement promoting volunteering for people with mental health issues, originally taking place at Hive but now in the wider community. 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.
Using creative processes to explore the journeys that refugees and asylum seekers have made to get to this country and their future journeys. Contribution towards costs of running digital café. Survey costs for the Community Asset Transfer.
11
## Hive Bradford
## Notes to the accounts for the year ended 31 March 2023
## (continued)
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Vehicles and equipment £**
**Computers £**
**Cost**
At 1 April 2022
22,718
4,125
Disposals
(1,262)
(4,125)
At 31 March 2023
21,456
-
**Depreciation**
At 1 April 2022
16,546
4,125
Depn reversed re. disposals
(1,262)
(4,125)
Charge for year
3,324
-
At 31 March 2023
18,608
-
**Net book value**
At 31 March 2022
6,172
-
At 31 March 2023
2,848
-
**Debtors and prepayments**
**2023 £**
Debtors
Justart project
-
Unrestricted grants
-
Bank Interest
-
Direct Commissionings / Room Hire
85
Prepayments
Insurance / Van insurance
1,513
Salaries prepayment
1,768
3,366
**Cash at bank and in hand**
**2023 £**
Current account
23,654
Deposit accounts
140,569
PayPal
17,287
Petty cash
62
181,571
**Creditors and accruals**
**2023 £**
Creditors
Direct projects costs (artists,materials,marketing,training)
Di
7,712
Overheads (utilities, copier, cleaning, maintenance, security)Ov
477
Professional fees
Fe
-
Independent examination
Ye
718
Unearned income
Grants received in advance
Gr
-
8,908|**Total £**
26,843
(5,387)
21,456
20,671
(5,387)
3,324
18,608
6,172
2,848
**2022 £**
6,000
4,625
233
-
2,075
2,962
15,896
**2022 £**
37,787
160,369
7,824
27
206,007
**2022 £**
6,090
1,827
504
684
17,460
26,566|
|---|---|---|
## **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 £28,917 (2022: £27,912)
## **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:|2,064
1,032
3,096
**2023 £**|**2022 £**
2,064
3,096
5,160|
|---|---|---|
12
## Hive Bradford
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023
|2023
2022
Unrestricted Unrestricted
funds
funds
£
£
**Income from:**
Grants, contracts and donations
21,681
38,391
Sales and fees
50,389
33,101
Membership fees
5,660
3,615
Room hire income
1,100
280
Bank interest
199
371
Community Arts Umbrella income
193
373
**Total income**
79,222
76,131
**Expenditure on:**
Salaries, NIC, pensions and payroll fees
27,319
51,867
Sub-contractors (artists)
31,576
36,654
Travel and subsistence expenses
29
-
Training and recruitment
-
336
Volunteer and participant expenses
61
116
Rent, rates and insurance
1,802
497
Utilities
498
2,640
Internet and telephone
677
522
Materials
404
830
Printing, stationery and office supplies
871
1,112
Marketing and publicity
-
12
Professional fees
1,673
1,157
Accounting (incl. examination)
6,269
5,470
Equipment
332
613
Van
2,865
999
Cleaning and maintenance
6,036
3,585
Subscriptions
288
-
Security
237
74
Bank Service Charges
955
738
Governance
230
84
Community Arts Umbrella costs
20
863
Other Direct Costs (sundries)
371
365
Depreciation
3,324
4,657
**Total expenditure**
85,837
113,191
**Net income / (expenditure)**
(6,615)
(37,060)
**Transfers between funds**
-
-
**Net movement in funds**
(6,615)
(37,060)
**Fund balances brought forward**
145,998
183,058
**Fund balances carried forward**
139,383
145,998|2023
Restricted
funds
£
91,214
-
-
-
-
-
91,214
77,253
8,848
249
1,053
1,341
331
5,806
325
6,458
1,832
614
-
-
1,952
-
665
55
-
-
49
400
-
-
107,231
(16,017)
-
(16,017)
55,511
39,494|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|2023
Total
funds
£
112,895
50,389
5,660
1,100
199
193
170,436
104,572
40,424
278
1,053
1,402
2,133
6,304
1,002
6,862
2,703
614
1,673
6,269
2,284
2,865
6,701
343
237
955
279
420
371
3,324
193,068
(22,632)
-
(22,632)
201,509
178,877|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|
|---|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
13