otley Road and Undercliffe Community Works Charity number 1109010 A company limited by guarantee number 05262323 Annual Report and Flnanclal Statements :: for the year énded 31 March 2024
Otley Road and Undercllffe Communlty Works Annual Report and Financial Statements for the year énded 31 March 2024:.: Contents Page Trustees, report 2to8 Examinerfs report Statement of financial activities .10 Balance sheet Notes to the accounts 12to 16 Prepared by West Yorkshlre Community Accountancy Servlce CIO
Otley Road and Undercllffe Community Works , Trustoos. report for the year ended 31 March 2024 Reference and adminlstratlve dotsils of the charity, Its trust60s and athilsors The trustees during the financial year and up to and Including the dat6 the report was approved were: Name Position Dates Rhys North- Community Partner North Wing Trust Chairrrreasurer Judy White - Resident Sue Mearns - Resident Janet Naylor- Communlty Partner PCC Rosie Fairhurst- Community Partner PCC Rebecca Exl8y- Professional working locally Nablla Begum - Resident Samia Naseer- Resident Shahnaz Afrln- Resident ".Kl Reslgned 23 April 2024 Resignèd 24 Saptembèr 2024 Appointed 1 August 2023 Appointed 1 August 2023 Company secrntary Jane Leas Sonlor Managom•nt Tèam Jane Lees Sandra Walker Chief executive officer . Nursery manager ":r Charlty number 1109010 Regist8red in England and Wales Register8d in England and Wales Company number 05262323 R•gistored and prlncipal addre8$ Undercliffe Lane Olley Road Vblest Yorkshire BD3 ODW Bankers The Co-operative Bank P.0. Box 250 Delf House Southway Sk8lmerdale WN8 6WT Independent oxamlner": . Cresswells Accountants (UK) Llmlt•d 12 Market Street Hebden Bridge Wesl Yorkshire HX7 6AD Structure, governance and management The charity is a company limited by guarantee. incorporated on 18 October 2004 and reglstered as a charPy on 12 April 2005. It is governed by a memorandum and articles of association. The liability of the mèmbers in the event of the company being wound up is limited to a sum not exceeding £1. Mothod of recrultmènt and appointm•nt of trustees The .-esident trustees of the charity are appointed by nomination and election and the community partners are appointed by St Augusline's PCC, North Wing Trust and user groups.
Otley Road and Undercliffe Community.Works Trustees. report (continued) for the year ended 31 March 2024 strudurè, govornan¢o and management contlnuod Recruitment and appointment of the directors Th8 directors of the company are also charity trustees for the purposes of charity law and under the companws articlès are known as membèrs of the company. Under the requirements of tha mèmorandum and articlès of asso¢iation, the directors of the Company serve for a period of three years, The six resident directors are elected and the community partner directors are nominaled by the partner organisations. The mernbership of the company is comprised of up lo.. 6 resident members and 11 community Partnar company members. The community partner member$ will be nominatèd from.. user groups or organisations based in Community Works premises (4), North Wing Twst (1 }, professionally qu81ified (1). professional with ralevant skills livinglworking locally {11, St Auguslin8's PCC (4). In seeking to appoint directors the company wll take Into account its Equality & Diversity Policy, people with . skills In and experience and understanding of working in the public, private and voluntary sedors. Also an approprlate mlx of gender, ethnlclty and agè. Trust88lDlrectors Inductlon and tralnlng The following training has been undertaken by directors.. roles and responsibilities of management committees, policies and procedures Including safeguarding and equality and diversity, employment law, tèms of referenc8 for committe8s. New directors will be asked to attend an appropriate induclion Iraining lo familiarisè themselves with the charity and the cont6xt within which it OP8ra18s and also to be aware of the responslbilitles under company and charity law. A copy of the memorandum and articles and the lalesl financial accounls have been given to dir8clors. Rèlallonshlp and Cowopératlon wlth other organlsatlons We continued to partner with St Augustine's Church in supporting UASC. We hava worked with Tho Fri8nds of Peel Park lo ralse the proflle of the park, Improvè opportunllies for play and increase a¢tivlty through lolnt evenls. During the year w8 established closer working ralalionships wlth Bradford Chlldren and Families Trust and Bradford Council in our jolnt approach to meeting the needs of children and familias. We conllnue lo partner wlth Bradford Collège, Shipley College and Hive to maet local need. We have developed a néw . partnership with HALE and Cafe West which will impact our future delivery, We also have a new partnership with DWP supporting adults Into employment. We continue lo partner wlth the Fe8ding Bradford & Keighley Netsvork. We have an excellent partnership with Innchurches and Food Savets which has enabled us to launch a Community F¢)od Mark8t from April 2023. Wè also did some amazing creative projècts with Cecil Greèn Arts, produclng a massive puppet for th8 GGT23. Rl$k Management The charity has conduclod a reviow of the major risks lo which the charity is exposed which have been re¢orded on the Risk Register. It has implemented the necessary procèdurés to comply with health and safely requirements for staff, volunteers, people who use Community Works and visitors to the c8nlre. The Risk Regisler is regularly rèvièwed on a six monthW basis and the procedure is reviewed annu811y' or as rèquired and updated as appropriate. ObJectlv•s and a¢tlviti•s The charftys objocts . To promote. for the benefit of the public. urban regeneration in areas of social and economic deprivalion, in particular for the benefit of the BD3 area and its local communily in Bradford.
Otley Road and Undercliffe Community Works Trustees. report (continued) for thè year endod 31 March 2024 Objèctlvgs and activitles contlnu#d ": . The ¢harltys aims Community Works has refreshed the aims of thè organisalion in recent years and expects to impacl in its neighbourhood in four key ar8as'.- i) Building social cohesion through bringing together individuals and changing communities. Seeking to und&rsland each othèr and celebrating our dlfferences. leading to a thriving neighbourhood. ii) To 8quip people with skills, knowledge, confidence and resilience to enable them to meet their needs and discover new solutlons, iii) Work togothar with children, young p8ople, adults and older people to èn¢ourage routès to improve life-_: chances. iv) To be a community resource that promotes good hèalth and well-belng. Publlc benefit statoment: In selling our obj&ctives and planning our activities our Trustees hava given serious consideration to the Charity., . Commission's gèneral guidance on public bgnefil and in particular hav8 consldèred how planned a¢tNiti6s wlll contribute lo the aims and objgclives Ihoy have set. Achievements and pgrfornianco Je consult with as many local families as possib18. induding those who do not use the C8ntre. about the aclivibes provided. Th.8 centre is also wor4ing to gèl local people involved in runnin9 th8 aGtivitie5. Communlty ProJ•ct Community Works has undertaken a range 0! activities which continue lo fulfil the objeeis of Ihe cb.arity and build on the succÈss of work undertaken previously. Our focus h35 continued lo be with adults who particularly need our support to improve their skills in speaking English end developing their confidenc8. This year we have unde.rtaken the followlng communlly project actlvities.. COm.UnlIY Projgct Workers in partnership with volunteers deliver basic ESOL class8s throughout the wéek and those allending Job Club are expected lo attend either these classes or other aclivitios we deliver that will incraase their confid8nce- thereby increasing people's independence and ability lo secure employment. We are very pleased to have Shipley College delivering 5 ESOL classes offering thg opportunity for people to again accredilation. Our Job Club initiativ& has gradually developgd and we havg continu8d to holp some local people obtain employment. During the financial year we 5eGured further funding from UKSPF towards thi5 work. Over the year we have continued to offer support lo those slrJggling with the cost of living crisis through our foodbank. During the ye8r we secured HSF w4ich is governmonl funding lo provido food for thosa in need. We have seen 8 massive demand for this support and at times this has been a challenge. Our partnership vith Foodsav&rs (InnChu-.ches) enabled us to Start a Community Food Markel which has been a huge success. enabling local people to become members and acc8ss affordable food bvhile still paying thelr way. We have continued to deliver Driving Theory classes which are delivered onlinè. Iwe provide bene..Its ad'lice in partnership With Family Action. . Comrr..ury!ly Project Workers have also conllnued to work with Refugèes and A$uM Seekers notably through . ona to one 5JPPOrt. our involvement in Refugee Week and continued partnership with HIVE. . Our Women's Group continuas to be very popular. helping build confidence and reduce loneliness. as well a$ . bring people together from dtfferent backgrounds. During the year we did some beautiful work with Cecil Green Anis. includin9 Enki- a massNe puppet that was 4he centre piece at the Great Get Togelher End of "" Refugee leek Celebration in Peel Park. Prod'Jcing beautiful lantern cups for the Lantem Parade in Lister Park, whith was hold in Octob&r 2023. . Our work with intercepted food Nas continued and we offor food that we cary't US8 to familiès via the foodbank.
Otley Road and Undercliffo Community Works Trustees. report (contlnued) for the year ended 31 March 2024 Achlèvemènts and pèrforn)an¢e contlnued Community Project continued We worked closely with Bradford Children and Families Trust who wer8 responsible for co-ordinating seNlces from our building with a foGUS on famllies with children up to 19 y8ars. Bett6r Start Bradford projècts have continued to be delivered, offering some parentlng support. We also delivèred ZLSmba in partnorship Wlth Happy Healthy You. During the year we worked with 741 adults (150/0 highar than Ihe pr6vlous year) over 1,284 sessions, with total of 8.891 attendances (304/0 higher than the previous yearl. This doesn't includ8 att8ndeés accessing S8ssions hosted by Community Works but delivered by Bfadford Children and Families Trust or Better Start Adult Learnlng During this period w8 worked in partnership with Bradford Collège lo delivèr baslc skills in English and Maths and IT Classès. Wé Wofkèd with Shipley College to delSver ESOL. Day Nursary Our setting contlnues to offer the highest standards - wlth a view to always improvlng. Ofsted graded us ag Oulslanding in November 2017, and on 31 October 2023 Ofsl8d inspected and awarded us Outstanding again. The report was incredibly positive and Ihè inspector said that we are an exemplar for other settings: We offer fifty six places which were mostly filled throughout the year wilh children frorn Ihe immediate area and continue to offer high quality education and care and mainlain our good reputation in the local community. The Nursery continued lo do w611 during the period however occupancy rates were not as high as we would have Ilked, largely due to the lack of support to idenllfy 2 year olds from Bradford Councll, who have reduced resources. The mix of children from a variety of backgrounds has continued. During the year we contlnuèd to dellver Two Year Old Offèr places supporting children to get th8 v8ry b8St start in lifa through high quality childcare provision. W8 use the Learnlng Journal programme which allows praclltloners to track children's progress and this can also include parent's contributions. The Frlendshlp Centre Aclivilies for older people includ8 the provision of day contrè sarvicès in conjunction with Bradford Social Serylces and opportunltles for volunteering. The C8ntr6 is open on Thursdays for up to 20 older pèople and offers a mlx of activities Including a hot meal, transport, bingo, inl8rgenerational activities w¢thSn the Centre, exercis8 and a variety of entertainm8nt. Th6 Cenlre strives to offer an imaginativ8 programme which stimulates challenges, informs, introduc8s n8W 8xp6riences and meets the needs id8ntif18d by attendees as ,' wall as providlng an opportunity for soclal Interactlon and support for older p80ple who are fraglte and soclally isolated. We are also delighted to Sè8 a more diverse mix of older people attending the provision and thal the provision is almost full. Children's Project Ourlng the period 238 children were involved In actlvities including Homework clubs. After School clubs. Holiday Playschemes and opportunities offered for volunteering. This project is financially supported by BBC Children in Need and JU:MP. however both funding streams have now ended. Durtng the year we reduced our programme delivering 7 sessions across the week including Saturdays. The provision Df meals wthin both term time and holiday sessions has proved very successful both in terms of numbers and the facl that children now have access to heallhy meals on a regular basis. W8 hav8 continued to deliver successful HAF programmes for children enlitled to free school meals during the Easter and Summer holidays. UASC Our partnership with St Augustine's has conlinued until August 2023. providing activities for yoijng people aged 16-18 who are Unaccompanied Asylum Seeking Children. This work came to a natural end having supported 59 young people over the life of the project. having met the intended aims.
Otley Road and Undercllffe Community Works O:,;,..:.. Trustees. rnport (Continued) for the year ended 31 March 2024 hievements and performance Continued Oth•r Activitles During the year we have continued to particlpate in the local area. jointly organising the Gr6at Get Together End of Refugee Wè8k Celebration in Peel Park. Voluntèorlng The Board of Directors acknowledges the huge amount of time and energy givèn to projects by volunteers and is extremely graleful for their support. Volunt88rs have made a significant contribution to many of the activities at Community Works as well as assisting with general help and care. The success of tho many projects has been achieved in large measure due to the contribution of local people. The Friendship Centre and the children's work would not be able to run without the huge input from volunteers. This is also true of the ESOL beginner's classes and the foodbank. Had this high level of volunteers involvement not taken place it is estimal8d the charity would have Incurred slgnlflcant further costs or at tlmes not been able to run actlvitles. Flnanclal ravlew The chariws Income is a mlxture of rèstrlcled funds from grants for speciflc projects and costs and unrestricted funds from rental incom8. The major sources of restricted funding are from: Bradford Early Years. Childcare and Adult ServSces. A project&d budget for the next Ihree years is in place and the work of generating finance continues. The total Income for the period was £441.11312023- £411,176) whlch was made up of unrestricted funds of £90,334 (2023- £60,127) and restrlcted funds of £350.779 {2023 - £351,049). Total costs for the period w8r6 £560,484 (2023 - £534.172}. The unrestrlcted fund carried forward is £822.048 <2023 - £907,697) and the r8Stricted fund carried forward is £11.070 (2023 - £44,792). Reserves pollcy In June 2024 the Board revlewed its Res&rv8s Policy In conjunctlon wlth the productlon of a three year flnanci81 plan. As part of thi5 review the Board agreed that unrestrictgd funds, adjusted to exclude thg net book value of the building, should be maintained at a lev81 which enabled activities to be fundèd beeen a lower larget of a minimum period of six months and ari upp8r target of 12 months budgeted expenditure, together with an allowance for dissolution costs - as at March 2024 this would represent target res8rves of beeen £310.000 and £496.000. The Board recognises Ihal its current level of unrestricted funds of £598.997 8xceeds this level bul is committed to monitoring its financial plan to manage its level of unrestricted funds to Ihis level. In order to achieve this target level of unrestricted reserves th8 Board has d81ib8rately sat deficit budgets in recent years and for th8 next fin.ancial y8ar. In recognition of ils loase respon5ibilit18S the Board has established a provision for dilapidation cosls associated with the propethi lease. The Board has reassessed the ch8ftty's ability to continue for at least 12 months from the date that the accounts are approved and has Goncluded that no material uncertainties exist that cast significant doubt on the charity's ability to continue as a going concern. The chari:Is free reserves. excluding fixed ass6ts, at the year end were £598,997.
otley Road and Undercliffe Community Works Trustees. report (contlnued) for the year ended 31 March 2024 Future Plans As shown in our report on our achièvaments and p8rformanc8 the charity has tontinued to provide a wide range of seNices to the community that it serves, During the year the Board has taken the opportunity to review its strateg[¢ aims with a view to confirming whether they are still applicable. This review confirmed that we felt that . the services we are delivering did serve the BD3 community although we remained open to providing new services where the need arose and funding was available. In particular the Board is kèen to explore partnership working opportunities going foNard where it will benefit the community we seek to seNe. The Board has continued to keep ils financial plans under careful review. In r8C8nt y6ars, as a r8suIt of deliberate plannlng, the charity has reduced its level of unrestricted reserves wlth the objeclive being to manage them lo within ils target range of reserves. By the end of 202412025 Ihe Board anticipates it5 level of unrestricted reserves will have reduced to just abova Ihe charilvs upper reserves targel of £496,000. Given this the Board will be carèfully revièwing its financial plans post March 2025 with a view to ensuring its finances can be managed sustainably golng fonwards. The Board recognises that thè financial climato it faces is cha118nging both in terms of Inflationary cost pres$ur&$ and reducad funding opportunllios. We look forward to celebratSng our 20th anniversary later thls year and, nohvlthstanding the above méntioned financial chall8ng8S, the Board r8mains confidenl that Community Works can continue to provlde sèrvlces that , will make a real differ6nca to th6 8D3 community.
otley Road and Undercllffe Community Works Trustees. report (continued) for the year ended 31 March 2024 Staloment of trustèès. re3ponslbllftlos The trustees (who are also the dSrèclors for the purposas of company law) are responslble for preparing the Trustees report and the financial statements in accordance with th8 appli¢able18w 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 resourc6s and application of r8sources, Including the income and 8xpenditure, of the charltable company for the year. In preparing these financial statements. the trustees are required to: select suitable accounting policies and apply them conslstently: observe the methods and principles in the Charities SORP; ., . make judgements and estimates that ara reasonable and prud8nt; state whethsr applicable UK accounting sl8ndards havo been followed, subject to any material departures disclosed and explained in the financial statements: pr8pare the accounts on a going concern basis unless il is inappropriate to pr68ume that the charitable company will continue in operation. The trust88s are responsible for keeping proper auntIng records which dtsclosé with r8asonable accuracy at any tim8 the financlal position of the eharltable company and lo enable th6m to ensur8 that the financlal accounts comply with th8 Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking raasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordanc8 With the Statam8nt Df Recomm6nd8d Practice: Accounting and Rèporting by Charities (Charities SORP (FRS102)), and In accordance with the Special provisions of the Companles Act 2006 relating to small companies. Approved hebo d of truslees on (Trustee)
Otley Road and Undercliffe Community Works Independent examinerfs report to'the trustees of Otley Road and Undercliffe Community Works I report on the accounts of the charitable company for the year ended 31 March 2024. which are sel out on pages 10t0 15. Responslbllltlos and basls of r•port As the charitls trustees of the Company (and its directors for the purposes of company lawl you ar8 responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acl,). Having satisfièd myself that the accounts of the Company are nol rèquired to be audited under Part 16 of the 2006 Act and ar8 ellglble for Independent examination, I report in respect of my examination of your charivs account8 as carrièd out under section 145 of the Charities Act 20111'the 2011 Act,). In carrying out my examination I have followed the directlons glven by the Charity Commisslon under section 145(51(b) of the 2011 Act. Indopond8nt gxamlnerf8 stalement Since your charivs gross incom8 exc88ded £250,000 your examiner must be a member of a listed body. I can confim that l am qualified to undertake the examination because l am a r8gist8r8d m8mb8r of th8 ICAEW which Is one of the listed bodles. I have completed my examination. I confirm that no matters have come to my altèntion in connèction wilh th8 examination giving me cause to believe,. 1, accounting records were not kapt In respect of the Company as requlred by section 386 of the 2006 Act,. or 2. the accounts do nol accord with thosè records. or 3. the accounts do not comply with the accounting requiremenls of section 396 of tha 2006 Act other than any requirement that the accounts glve a truè and fair viéw whlch Is not a matter considered as part of an independent examination., or 4. the accounts have not been prepared in accordance with lh8 methods and principles of the Statement of Recommended Practice for accounling and reporting by charities [applicabl6 to charilies preparing their accounls In accordance wlth the Financial Reporting Standard appllcable in the UK and Republic of Ireland IFRS102)1 I have no concems and have Come across no oth8r matters In connection with the examination to which attention should be drawn In thls report In order to enabl8 a proper understandlng of the accounts to be reached. John Dakin ICAEW Cresswells 12 Market street Hebden Bridge West Yorkshire" HX7 6AD
Otley Road and Undercliffe Community Works Statement of Financlal Activities ,' (Including summary income and expenditure account) for the year ended 31 March 2024 Notes 2024 Unrestricted funds 2024 Restricted funds 2023 Total funds Total funds Income from". Grants and donations Rental Income Bank Interest Other Income Total Incorno 350,779 350,779 58,691 18.892 58,691 18,892 50,780 7,291 350.779 441.113 411.176 Expondltur8 on: Salaries Nl and pensions PayToII charges Staff development Recruitment Food Materials and activities Building maintenance Rat8S Utilities Printing. postage and stationery Computer costs Telephone Publications and subscriptions Equipment Insurance Govarnance and audit Legal and professional f8es - Depreciation Sinking Fund SeriCe Providers Total expenditure Net incoma l (oxpenditur•) Transfers between funds Net movement In funds . 86.925 314.051 1,156 400,976 1,609 395.074 487 739 10.019 219 32 1.158 422 28.594 10.890 9.808 1,880 9.751 641 28.626 10.684 2,153 12.951 1.600 14.657 2.808 11,321 893 555 273 3,200 1,600 750 420 566 986 120 1,796 3.400 5.196 1.600 5.316 54.384 11.304 2.700 2.777 3.527 384.501 560.484 534.172 (33.722) (119,371) (122.996) 5.395 54,384 77 175.983 (85.649) (85.649) (33,722) {119.371) (122.996) 952.489 1,075,485 833.118 952.489 Fund balances brought fonyard Fund balances carrled forward 907.697 822.048 11.070 All incoming resources and resources expend8d derive from continuing activities. 10
Otley Road and Undercliffe Community Works . Balance sheet as at 31 March 2024 2024 Unrastri¢ted 2024 Restricted 2024 Total 2023 Total Flxed assets Tangible assats Total fixed assots 15} 303,882 303,882 303.882 303,882 358,266 358,266 Current assets stock Debtors and prepaym6nits Cash al bank and in hand Total current assets (61 171 16,402 .16,402 602,614 619,016 29,915 642,534 672,449 11,070 11.070 607,946 Current Ilabllltles: amounts falllng duo wlthln one yèar Credltors and accruals Total curront Ilabllltlos {81 8,949 8,949 8,699 8,699 8,949 Net current assets 1 (Ilabllltlas) 598,997 11,070 610,067 663,750 Total assèts less currènt Ilabllltlos 902,879 11,070 913,949 1,022,016 Provlslons for Ilabllltles 191 80,831 80,831 69,527 Net assots 822,048 11,070 833,118 952,489 Funds Unr8Stricted funds General unrestrlcted funds Deslgnated funds Unrestricted funds Restricted funds Total funds 816,441 5,607 822,048 816,441 5,607 822,048 11,070 833,118 907,697 110} 907,697 44,792 952,489 11,070 11,070 822,048 Forthè year ending 31 March 2024 tho charltablè company was •nlitled lo ox•mptlon from audR under se¢tl?n 477 of thè Companiès Act 2006 relallng lo small ¢¢*mnI9s. Th8 Memr8 hav8 not r8quirod tho charllablo company lo obt8ln an audit ol ils accoun18 for Ihè yèar In quegtlon accordancè th 8ocIK)n 476. Th8 trusiègs (who arè also thè diwlors Iof thè purposos of company lawl a¢knowEèdg8 thèir r8sponsibilili8$ for comptyin9 wlth th• roqulr8mènls of thè Act vhlh r8$PeCt lo Accounllng rècords and Ihtr preparation Df Èccountg. Those &¢counis have been prepared Sn accordancg tho provisions applieable lo ¢ompanies subjgct lo tho Small companies, reglme Bnd wlth FRS 102 (effoct¢ January 20191. The financial s tements ere approved by the board of trustees on Signed: (Trustee) Erfys.. .Nt2fi4..... 11
Otley Road and Undercliffe Community Works Notes to the accounts for the year ended 31 March 2024 1 Accounting poll¢ios Basls of accountlng Th8se accounts have been pr8par8d undar the historical cost convenlion wtth i18ms recognised at cost or transaction value unless olh8Nise stated in the r8levant note{s) to these accounts. The financial statements have been prepared in accordance wilh the Statement of Recommended Practice: Accounting and Reportlng by Charities preparlng their accounls In accordance wlth the Financlal Reporting Standard applicable in Ihe UK and Republic of Ifèland (FRS 102) (effedive 1 January 2019> and with the Charities Act 2011. Th8 charity constitutes a public benefit entlty as deflned by FRS 102. Thare has bn no change to the accounling polici8s sinc8 last year. I:;h No changes have been made to the accounls for previous years. Going concern The trustees are satisfied that Ihere are no malerial uncertainties about the charitys ability lo continue. Incomlng rosourc•s All incoming resources are included in the Ststement of Financial Activities {SOFA) when the charity becomes entilled to the r8sources. if it is more likely than not Ihal the trust88s will receive the resources and the monet8ry valu8 can be measured with sufficlent raliability. Grants and donatlons Grants and donations are only included in the SOFA when the charity has unconditional entillemenl to th8 resources. Where grants are related to performance and specific deliverables, they are acKiunted for as Ihe charity earns the right to consideralion by its performance. Exp•ndltur• and Ilabilltl•s Expenditure is recognised on an aGcrual basis as a liability is incurred. Liabilities are recognis8d where It is more lik8ly than not that there is a legal or construclive obligation corrimitting the ch8rity to pay out the resources and the amount of the obli9alion can be m8asur8d with reasonable certainty. Taxatlon As a charity the organisation benefits from rates r81i8f and is genarally exempt from income tax and eapital gains tsx but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates. Tanglblo flxed assets Tangible fixed assèts costing more than £500 are capilalised and included al cost including any incidental expefjses of acquisition. Gifted assets are sho%Yn al the value to the charity on receipt. Deprècialion is providefJ on all tangible fixed assets al rates calculated lo write off the cost on a straight line basis over Iheir expected useful economic lives as follows: Upgradg of landlord's propety.. temi of16ase Fixtures & fittings= over 3 and 5 years Computer equipm6nt.' over 3 years Pensions The charily operates a defined contribution scheme for the benefit of its employees. The costs of Contributions are recognisad in the year they are payable. Fund accounting Unrestricted funds are available for use at the discrètion of the trust88s in furtherance of the gèneral objeclives of the charity. Designated funds are unr8strict8d funds earmarked by tha trustè8s for particular purp0s6S. Restricted funds are subjected to restrictions on their expgnditure imposed by the donor or through the terms of an appeal. Further 8xplanalion of the nalure and purpose of each fund is included ifj the notes to the accounts. 12
Otley Road and Undercliffe Community Works Notes to the accounts continued for the year ended 31 Mareh 2024 2 Grants and donatlons 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2023 Total funds Bradford Metropolitan Dlstrlct Gouncll (BMDC) Communlty Actlon Bradford & District Feeding Britain Five Lane Community Partnership Natlonal Lottery Communlty Fund (NLCF) UKSPF BBC Children in Ne8d Groundworks ESF JU'.MP2 The Neighbourfy 326,149 2,000 625 1,970 12,000 8,035 326,149 2,000 625 1,970 12,000 8,035 266,509 3.000 51,427 19,951 8,162 2.000 351,049 350,779 350,779 3 Staff costs and numb•rs 2024 2023 Gross salari6S Social securfty costs Pensions 361,600 19,325 20,051 400,976 356,344 18.842 19,888 395,074 The. average number of employees during the year was 21, bèlng an average of 15 full time equivalent (2023:, 23 WTE, 15 FTE). There were no omploy8es wlth emoluments above £60.000. Doflned contrlbutlon pènsloh sch•m• 2024 2023 Costs of the scheme to the charity for thè y6ar 20,051 19,888 4 Restrlct•d funda Balance bff Incoming . Outgoing Transfers Balance clf O. BBC Children in Need BBC Children in Need UASC BDMC Great Get Tog8ther BMDC Day Nursery BMDC Health & Wellbeing BMDC Community Buildings 15,916 11,636 16,568 8,636 587 256.331 11,154 4.000 17.962 37.019 3,000 (3,000) 2,350 587 256,331 11,154 4.000 1.950 6.586 JU:MP The Neighbourly UKSPF Five Lana Communty Partnership NLCF CABAD Start for Lrfe Feeding Britain 3.000 8.035 1.970 12.000 1.970 12.000 2.000 625 384.501 625 350.779 44.792 11.070 For fund descrfptions see next page - 13
otley Road and Undercllffe Community Works:.: Notes to the accounts contlnued for the year ended 31 March 2024 4 Restricted funds continued Fund name ' Purpose of rostricllon BBC Children In Need ,, Staff costs for our After School & Holiday play scheme BBC Children in Need UASC To sUPPOrt un8ccompanied Asylum Seekers ag8d 16 to 18."" BDMC Great Got Tog8th8r To support th8 Gr8at Get Together at P881 Park BMDC Day Nursery For the provlsion of our 56 place nursery BMDC Health & Wellbeing. To support older people with their health and wellbeing through acttvilies BMDC Community Buildings To support the runnlng costs of the Centre. HAFP To deliver holiday play schemes HSF To provide food support for those struggling With the cost-of-living crisis .. To encourage inactive children to become active The Neighbourfy UKSPF - To provide food support for those struggling with th6 costryof-living crisis To provide support conceming the impact of cost of living pressures. Fiv8 Lane Community Partner¢ To provide a range of physical activiles for inactive children & adults. CABAD Start for Life To provide food support for those struggling with the cost-of-living crisis To engage with families O-3 and consult on their views Feeding Britain To deliver a holiday play scheme 5 Tanglble assèt• Landlord's .'property Computer equipm8nt Flxtur8s & fittings Totsl equipment Cost At 1 April 2023 Auditlons At 31 March 2024 1.188.948 97,148 1,328,152 1.188.948 97.148 7,113 1,328,152 Da reclation At l April 2023 Charge for year At 31 March 2024 832.632 32,993 540 969.886 54.384 1.024,270 886.476 7,113 Net book value At 31 March 2024 302,472 303.882 At 31 March 2023 356.316 358.266 6 Debtor5 and prepayments 2024 Debtors Prepayrybents Accrued income Other debtors 10.216 4.343 20.000 14
Otley Road and Undercliffe Community Works Notes to the accounts continued for the year ended 31 March 2024 7 Cash at bank and In hand 2024 2023.. Current and daposit bank accounts Cash in hand 602,604 10 602,614 642,409 125 642.534 8 Cr•ditors and accruals 2024 2023. Creditors Accruals Deferred income Other cr8dilors 1,044 5,966 1,458 5,198 267 1,939 8,949 8,699 9 Provlslons for Ilabllltlès, 2024 2023 Dllapldatlons fund 80,831 80,831 69,257 270 10 Deslgnaled funds Balance bir Incoming Outgoing Transfers Balance clf .. Community Food Markel 967 5.607 ' Fund name Community Food Market . Roason for dè8lgnatlon To rlngfence food market contributions for the food support costs. 11 Related party tran8a¢tlon3 . Trustee axpenses No trustee received any expens8s during this year or the previous yèar. Trustee rgmuneratlon and benefits No trust88 received any remuneration or benefil during this or the previous year. Remuneratlon and bonoflts r•¢oivod by key managément personn81 The total 8mploy88 benefits received by key management P8rsonnel w8r6 £53,978 (previous year.. £51,502}. Related party dlsclosur•s The Bradford Diocesan Board of Finance (Trustees of tha North Wing Trust}. as landlords of tle propety. are entilled to appoint a representative to the Board of the company. 12 Legal charge A legal charge has been placed on the lease for the Community Works property by the funders. The leas8 is with the Bradford Diocesan Board of Finance (North Wing Trust) for a period of t%venty five years starting in October 2005. 15
otley Road and Undercliffe Community Works:, statement of Financial Activities including comparatives for all funds (including summary income and expendlture account) for the year endod 31 March 2024 2023 2024 2023 Unrestricted Unrèstricted Restricted Restricted funds funds funds funds 2024 Total funds 2023 Total funds Income Grants and donations Rental Income Bank Interest Other Income Tolal Incom• 350.779 351,049 350,779 58,691 351.049 50,780 7.291 2,056 411.176 58.691 50.780 7,291 2.056 60.127 12.751 12,751 441,113 350.779 351.049 Expondllur• Salaries Nl and pensions Payroll charges Staff developmenl R8cruitmenl Food Ma18rials and activities Building maintenance Rates Utilitl8S Prinling. postage and stationery Computer costs Telephone Publicalions and subscriptions Equipment InsLirance Governanc8 and audit Legal and professional fees DepreGiation Sinking Fund Service providers Total exponditure Net income l (expèndlturo) Transfers betweèn funds N•t movement In fund8 82.449 794 314.051 312,625 905 396 357 9.603 6,166 400,976 1.609 395.074 1.699 1.199 219 32 679 422 28,594 10,89) 9,808 1,880 9,751 382 641 739 10,019 1.225 12.048 10.684 876 273 3,200 1,600 2.808 11,321 871 2.808 12.951 1.600 1.925 22 893 5.602 800 5.608 566 420 915 120 986 120 4.955 .1.600 5,196 1,600 5,316 54,384 11,304 5,395 54,384 11,304 77 2,700 175,983 199,517 384.501 (85,649) (139,390) (33.722) 4,473 (85,649) (134.917) 5,395 54,384 11.304 54.384 11.304 3,527 334.655 560,484 534.172 (119,371) (122.996} (33.722) (119,371) (122.996} 952,489 1.075.485 833.118 952.489 Fund balancos brought fovward Fund balanc•s carrled forward 907.697 1.042.614 822.048 907,697 44.792 11,070 44.792 16