(rity Reiratlob) 1111920 C•mpary Rqistr•tion No. 05571461 IErW•nd and W•le4 BRADNET ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 'KYIHK5K 0210312024 CCh4PANIES HOUSE
BRADr GAL AND AOMINI TRATIVE INFORMAnop4 FOII THE YEAR ENDED 31 MARCH 2023 Saddiwe- P*ned 10 May2023 rar Hu554n-Rest¢ned 24 Mèy 2023 Jamal Ahmad-P•polnted 15 Mty2023 Tahlrah Ahmed-wnted IS 2023 Safi Kouw-Appolnted 15 M•r2023 Chadty nu U910 C•mp¥tynumb 055n861 Prkndple address Thorp G•rth •dford 8DW9LD 15tered offKe Guardlan Howe 22 ManDf RAT 8014QU Attntants T¢)re¥eV Oent Ltd 1-3StAnn'5 place Pdlon lane Halifax SR8
BRADNEr CONTENTS FOR THE YEAR ENDED 31 MARCH 2023 Tru5tees' Report Trustee Ile5ponslbllldes eper#1nt Exan¥ners Report Statempmgf Financil Athiues Balan$h•¢t Ststernentofcash Fl Notss tothe Fpftandl SLitem 11-17
BIiAOIIEr TRUSTEE REPORT OR THE YEAR ENDED JI CH 2023 Stru¢ adnetba compary MmRed tyiw•tee In(orpwatrd 235eptwrer2tK15 wlth ¢ony•iy number 0557286L The comnY was etsb1l5trd undera Memonrlum ènd xtlde5 of A%sodatlon whith form Oradnet15 alx> a drity rewstered on 14th 2(¥)5 wlth durfty number 1111920. Acrtydln8. the Board of Llrettor5 ofthècompaw arÈals0 Its tru#tt5 fthe purpw of charfty law.. ho¥¥, thr¢w8houtthls reportthey ¥rt m11odive re[ee toas"Dir•aw<. The Nane: K5addlque I Hus5aln J Ihmad T Ahmed 2610912018 10105n023 3VOV2019 2410512023 n023 15105/ZQ23 er3dneV5 8wd ofDlrecl4rs 15 respmsiblefor trstraitl¢ dlrectorand o¥trnn rnan4emènt ofbTadrt. The Board of De¢t h•$ membersfrom a varietyof prof¥1)nal batgrounds and experien Df dlsabNIty relevèntto Bradfieys ethos and The Dlrnrtors meet abwr t6 to É weeks todIsaS 6È1ide up¢ stratr aNI bu51ness mtsr Asch ofdolryalton Is in Pla ind day.t reswjnb1[ty forthe Pftrfflon otthe seNkes rtrtwlth the ief Executlyè 5UPPPrted bythe C¥e maerad Fin(¥ oifirEr. The chiefE¥eIe Is re5pwdblefor wwrIthat n¢t deU¥vsthe seNI(ttthatha¥e been mmmtssloned orfunded ind that key pwfonnance Indicaknr5 ar MÈL Our banker5: U01$ B¥nK CSty 0145. HumIer Dradlorf BDI INT Our ac¢ounwts: Ttrerfdl DentLtd. 1.3 StAnn's Pe1kn lane, Halll¥K HXI SPA.
W4DNEr YRUSTEE REPORT FOR T NDED 31 Bradne1'sol0nI$Ih1t rIety5ld be truly Indug¥effth dsthled people ¢ted asw•l ¢theD5.' gradneVsrn15slonl¥ Yopromoteequ•Mty•nd InchtsSonTIth dis•blod people". Yo emp¢Mer •ll dts>W peopleto hd)Ite aftdttxftrol (Nwtheir IITrts and real irthdentt qualty of ILIe". eradrt5¥alues are that awe (•mTr¥ll•d to m• a Pos111erento all t0 people wetmrkfor wrth. To w(¥note arrtl athitht+)w m&slon wewllS conknueto: wth 411 eradnet peopleto de51gn and pw50Tr5ed qualltysems tftablo Bfadrt people to rnaSntsSn dlwty. IWthendth, th1[¥ respect and bulld5ngtru# Nwowerl Bradnet perylt to he Infornied th0[ and rontrol ¢y4ertheirlr¥e5 wthln thelr Eftrfch all Bradnet people5, Ilfe enrournK accusto I)pptnits. Byadnet's Ob bTrdnet¥Jlll: 1Tr401ve dbslb peop1elnthfiftk and dÈlkryof Bradn•t¥s•r¥ktt and pr4ects thamplon rlghtofertrydlsabled Per to thallerye d15cFknlnat(¥y ry pTr(kefrom i ri8hts4•sed ap&Yoath Se the knoleaaKd frryn its dlrectwork th dlsled bwleto foreouaIrtyd Incluslon of dISab pwle atall levels SUPPO¢ infonn and thocatelor4tr¥¢ftsabled petsMand enh(¢ hISr¢I1tytO be kndeynden¢ he impnfftd Iwe tharKes reduce150kitlonand reaspJf4tfon5. Athle¥mo Fdltwrythè pandernlo ttalm ha5 bÈentoafy linited rE50urn wllh the ((n¥je dEknryofsThryKN. tik• manyor8anls•tlrth rnLwJert rsour¢es, tr trrfernll •kn h¥s betn to wntinue tosurvive and ha¥e enough capadty at the olher er1 ofthe health ui5iS to reBenerte a1 irow. ThÈ501ial tare artna tortlnues to be underBre•t straln natlonally due todrffi¢uli• ofrttrth•it and retention. and loraily are con¥hulry to eXperIen obstacksto re¢rultrn&)t due to people ha¥in8 tsken up otherrnphyn*n¢ not belng Interested Ina are carew Ora pot4 of lirritedtrlentwith zll othèr COMp1)rstryIng to reuutt atthe sametime. A poor hourly rate has the werall effta oforganlsatlons beinE to Irv&%tagt In strengtheniry InfrastN¢tt4re or Incenfvlslrrf people IL)loln theWffjrkfvr.
DNEY TRUSfEE REPORT FOA THE YEAR 31 Notwlthstanthn8trabThe th•llenges, Bradnèt has Éxperlenced a ytarofconsolldavrn •nd Modestth. H&fin¥addre5ses the le8awdebts ènd obhgatlons, tht tharlty h35demonstraTrd an excellent reslllence ar perseveran, and the seTric has imprDYed grtatty to the exnI that, followin8 the Care Quality Camm¢5slon insppLSon In Marth 2023. the overall ratin8 h•$ betn raed t•"GDo¢f. The sodal Workers and heath prOfOnI15nnUetO turn to kndnet for pro¥lsloTr ofsupport toseryke users, and comm1)nerS contlnu to showconfideno In (¥81 byaWard1 cthmm1$51onsandc&)ntoctssutha5 thepported LFAng Framework ThewE ha5 been 3 ofst•ff comparedith1•5t radtheththe dthteto impro¥e quallty nd control is re5ultin8 in a corEtam th71 ha5 to sh¢N cornmthenL In termsofan Improved seThèusereyrno. feedbxk has Inrfitated sJtL5facllon wth the qu1 of servio rrfew, with comments taken fward lor IMprtr4l tomnwnKion and de4el¢)pmenL Equalty. the PA5 ha¥e expressed Sa$10tM rfth the fartthatthv havef¢und the Reg15tff¢d Manayr ?ppro¥hablEand 5upporfve and. whlle dernaThl for more work Ishard ttslulfil ¥¥lth lirnlted urowlh.the PA5 havefonvnuedtodemonstyate (mItreNt and dÈdicatthi. A ktrt ol the ains of last year for irnpravir8 v5er servire and staff eryagernenL as wdl as the Inu¢•sed profik olkndnevs worl have been fulfilled dup tv varfous fadors.. 11 hoped that pro8res5 tse made toconnect wlth oruanoatkns and stakeholders to devdop partneIpS for referyals fr ¢¥e and supporL th15 ha5 been dlfficuKa8alnst the back4round of many oryanlsaiion5 belSh¢t staffed and bdn8 unableto progres5 tnthtlves et¢ fvndlry or capadry. Bradnetcontlr•Jesto hav$ ewlor¥tory dbcusslorfjTith prteDthI p•rtneTh whlth It b5 hoped t11 bear fruit in the comllyye•rs-tt b at lea eeplr¢ Brlnefs profiSe in the publit awtft• oreq1tyand dNer5ty. Wtththe akn ofdhY51fylnK Inujmeand brfr add61fonallty tooJrser4eswe knd6ed and suxeeded In 4 tenderto dell¥er a day11rne attivftles seThlce. Thts has had averyslDw strt fl15V duets IoEdown restrlcllons not belnB removeil unUI latejuly and. seccffldty, Internal capadiyhad to redtrwed iosupwt Bradrtei folhwlrq th• departure of the Re8i5tered Mana8er. With the appdntrnentof a rw Re81sted Mana8er It15 hoped to redoubleourefforts tode¥elop and dèliver thls It win a dthId sthedule of4cti¥lty ind1 ouveach anderyagement 4blth Sodal W0eT$ and other alKI and devislnKand delfvetln8 variety01actittle5 are at¢esyble and re4¥arding for dilfertnt Yp$ of sèNice ustt It isa Iopar pr¢)8rnmme. $0 itha$ 8re potent1 for Innry•th xtivhle5 ?ndstelnfome. A bli driveln the cornln8yèar wiil be to hnprtrée ourdieitsl Infrastrucle ts embrxe nw01 ddrythln that are incrtasith wulred ty comm155er$ fundE A lot ofh¥d has comlnued to8• intomthialnlni trol 0f0radneysfintS'. PlewIth a hi8h tumtrler ofstaff and frequenlthanges ft ¥Rs dlfficult to 8aln aD understardn8 of IncomeaTr8 expendlwre: a root and branth [e ofcontracts aNI eonvnthents h% resulted Ina vÈry cape finan¢¢ fundi and ¢peratioft detNtry. There is rtill rnuch to do In eASur1r a solid foundation for 8rvwth. butthe key fartw 15 that there are rw no unlnowns re8ardlN Bradnevs flnances. Tht o¥erall t¢n5tsYldatlon of cJ)nXnknThts has W5uked In a mc¥Sett surplus comp3red with a deficit Sn the pmious year. with carefvl rnonitorin8 and ryulatiry ol all oul8oln8 expendltufe and constsnUy attemptlreto Increase reye bythe whole Brndnet team we seem to be in a fiYJth bertWPOsitiOn than wt wert I1 IB months Thpfdlo*inB arelust some brlef pthtsto N8hllBht th¢Impr¢p#eTht in our lInan. l. We stwted the ftewflnan¢tsl yearwfth i ynall dtfiriL thwh th15 ran be seen as a Posthe. conslderirwwe were ptylngoff histoi?c HMRCdebt and our DWP grant VAS still pendi.
8RAONET RUSTEE REPORT R ThE YEAR ENDED 31 MARCH 4. AthltvÈrne Perlornan <•ble0 In frA1 tmntts, ey£itr May. ha¥e been steadl1y1rnpr41r&.The M3Y defidt was Nstorfc HMRC debL 3. June. juartd AuiL8t betn very prnM.. we hwe been stradly 1nueas1n8rsUTpI e to Bradnet recehlrqall ourbackdated p3wrwtsfrorn DWP. 4 ThrouBhouttheyear hm lod8ed ¥•rf(u5fvndI bSd5 10fid ofwrKtI1S. nun of theseha¥ebÈen (CSIu1 but Itshow5 the dmfirultdlrnate for8rnnts due to thegre demand. BradnEt has hfr•Mw. been sur£essfvl ITh bel awwded the Supported Livin8 Framework * Braofowd Cwndl whlth wlll ehablE Usto d1rIall0Yeil support to people leamins d153bYttl•s thatwas pre4kntslydelr•Jthri a m6xtureol home m supwl and In conclusion, 3$ alwzys represents a major OPFthinity to d¢¥dop s¢xneth5n88reat within thè health and soaal tare afeTha that is Irxal aNI ustr4etr. htrwew. as knys, we need fvnthrrfand good staff. The dlfflrjlty of Sethri grnnt fundlr¥ thi5 year dwte se¥Yzl fun1Th8 bids illustres tr challen8in8 external wlronmenL and the owiln8sear(h for qualty w50nnel sIw5 the undEf-fvrKfed of the heafth and Soclal tarèfleld In attrdctin88ood ptopje th the rfght ILMI of reward. Htrwe¥tt. with the rneryr with INcfwe 11 renHln uNffident of the fvt Iwould nke to er#J by thwktrq aHthestsff fwthelr hwd o¥erthe year, arrtl ftblowtruAee5 fOrthr valuable tin and commiknnL Durln8 pand•rftCovld.19 fotrjssed on through ttal Sodal Care fTrmewixk We wlll refresh ourfvndratslrq Strat In 2024. Bradnet Trmalns rryThnltted a5atowryk In p4rtnwthTWlth lo¢al slatutryy md Tffjlufttsry asths ¥¥tyds dupliotion and maximises¥•lue for mor• forfvndw5 and the c¢¥rrfnunty at larBe. brin8 rnuch teded Snward tn%wtsit to Th• Board ConS to mage rtsks on re8ulaf basLsto proted the or83n and seTht£e Due to dt£rea5ed servke user baseour inr4xr¢ ha5 s&nlfkanty decreased. We ha¥tto impm ouropu•tlon•l t¥Jslness togeneryéts In¢¢)mèto bt more sustalnable ITh lorwterrn. TheTntsttts tOntInt0£yer(JSe robust comrols torenxtyopThlon thallerjys by adoptiry robust approa(htsto Immntt78hterflN1al controls. bu&ness plannlry Iwhlth will inctyrporate a SWOTanaly315 and rlsk manaBernentl. Implernentlnl a FundralslngStrate8y and appry forfUrtherfvrKll successk+n plannln& use ofexpert 1( and the impltrnentatim offflwe rqLY¢W relruilfflent and selertion preT¢S fw re¢ruliinestsff with the appropwble Sk1115 Introd1[0 offvrther staff berfits to r*aln staff.
BRADNEr
TRusfEE REPORT
OR THEY
ED 31 MARCH
Re5er¥es Pol
The Tritstees havè txaminEd thecomS requlrwtsitsf0rfeserS kn Iqht of the main rfsks to the companv.
R•spon&hlths olthè Obect•V5
Company law require5 the directors loPrEpanènr11l5IaterneThtsft¥eXh finan¢wJ ye3rthlch 8ib a true and
talr viewofthestste of the aff•rs of the rornpany as atthebalanceshéèt date and ofits ina>mln8 rnsourrys Ind
•pplicatlon of resourtss. Induding InC¢ealld experrtiitur< for ts31 year. In Pfeparift8 those flA•n¢fal
statements. the rert$5hlxjjd follty• best
al Select suitable arrounting poleS and then appty thefft MIStty,
bl Mèkeludgements ande5timatesthat arertasonableand prudent
¢1 Pfeparethe Ilnar¢dal staternts on•gthng ta basts uftless it15 InapwwlotrtO¥55umE thattt
company will
RADNEr srATEMENf OF TftUSTEES' RESPONSIWLMES R THE YEAR ENDED 31 MARCH 2023 The trustees ar• rtspon%Ne for prnparI the Innual Report and the flnancid statemonts accordK wfth aPpcable law 3nd United lln8dom GenerallyN£cWedAryntln8 Practlce. Thetrustte5arere4UKtd tycthmpany wt0prePaftnOrKI stmEntsfiYeJthfinand?lyearwhkhfveatruÈ dfalrvlewofthefinandalacii¥itsolthe ¢harftyandof tsfinandal po4tbon atthe end ofthatyear. In weparing Ihose fknanciol 5tatementsthE trusttts are reqthd to: al Sdert suikble ac¢ounliffj prfi(iÈs and apththem wtslste b) Make adhtherts and elllmates th•t•rereasoNbleand pntht ¢) Si•t whetherthe pol adopted ar In attordancewlth the Compar4es Prtt 2(K16 TJlth ¥Plble accountlr4 5tsndards and statements of recommerded praclice. subiecl to •ny matwlal departwes disdosed arO e%lifted Sn tht finan¢ial statem dl Prepare theflnand?I st¥tementsM a8olnB1oern bas15 unle55 tn?pprowktet0¥55umethatthe dnrrtywlll contlnue in ¢peration The trustees are rtsponsblt for keepkni prtper attounting records whkh dlscktse with re350nable arwracy ¥t anyrnethenIfidaI posfjilrmotthè chwltyand enablethern to en5urethat the fir5ancial ststemertscomplywf£h the Cornpanle5 Art 21Kh also wespons1¢ fDrsafryuprdir%the assèts dthe tharityand hencèfortakirt8 r•asonablÈ sthps for the pre*nVM arnl deiÈCtkn offraud and
INDEPENDENTEXAMINERS REPORTTOTHE TRusfEES OF 8IIADNEr FO(t THE YEAR ENDED 31 20 I report to the¢h•ritytrurteuon my ewinttion ofthe arownts ofthe Cmpanyfwtheyearended 31 Marth 2023. Re5pfftlll¢ksand tras15 01 report A5 thé chwtys trustee5 of the C4rnpany land rt5 dTrrectorsfoTthe puw dcomparry lawl you are responsle forthe pretr ofthe ac¢ouftts in aqordarWlththI requirErnwts of th? CornpaniesArt2006 I'the IL Arfl. Havln8satlstled 5tIthe8cc0ts oftheCompan¥are réqulred to b¢¥utted ur&f Part 16 oflhe 20J6 Ad and areellElble for1ndep&rt1 examinaiiw I rewt kn •f my eXaMitI olyour th¥Ws aE£ounts as carrled out underseaion 145 of the Chartties Att 20111.the ZOII lft tarryln8 out mv eumlnattoD I have folbAd the L¥TrdiE L7barityConwMtsslon under5rftJn 14951 {bl ofthe 20U Indephdentthmlnorfs I confirm that l am qualfied to dertake the evanNwUoh be¢•Jse l am memberof thl¢h Is orn ofthe risted bod. I h•ve eted my evrnlnatlon. Iconfirm that maiters hawefcqnÈto m¥atttkn In connertlon wlth the tKamlnatlon iMr¢ me¢ay5eto beIJ¢ L records were not kepttn rÈspertof tht Companyasfequired 386 ofthe 2C•)6 2. The ac£ounts do notxrord whthose rewds: 3. Theaccourjts do Mtcrynptylth the a¢¢ountlnB requlrernents ofsettk>n 396of the20D6 Ao pther than any Mqulrementthaltheatnts8fve a'twue arnl fair¥1ewTl is not a m•tterwisklered a5 part of an Independ¥rtexwnlfiatl¢Jn: or 4. The ac((bunts have not been pPared In accordan with the mèthods znd pMtipksDlthe Ststement of Recon1nded knctice for acttyJnt5n8 and reportlry ty tharftie5 [apph"cablo ro thariiles weparln8 thelr accounts In attwdanrewbththeFknaKJal Reporting Stsrard appl1l3bIn the UKand A•p¥bllcof Iland IFR5 102}. I have no and no othermatter5 in corfftdhknwith tr¢xamlr4tion to whlth attentton shwkl be Inthi5 fEPryt in en•bk a properwel$t•d1ry olthe acwjntsto be Teached. rnantha. J. S FCCA Tore¥dl Dent Umlted Chartered Cerfied P&<ountsnts 1- 3 Stkni'5 Pla¢ Pellon Lane Halifai HXI 5R Oate 3 lanuary2024
BRAONET STATEMENT OF FINANCIALAcTrvinES INCLUD114G INCCthIE AND EXPE14 R THE YEAR ENDED 31 MARCH 202 Totsl Funds 2023 Charltabfe acti10e5 Other 1.164.368 9.707 428fi35 8A3 Tolal Inwrne erAlty•¢nts L174075 1,174,075 437,258 Charilawo artl¥lties 763 434521 941763 941763 434.521 Ilrf {¢xpendyreyknmlrytheyepr 231312 231312 1737 Transferbet*th funds Fund bglan¢t broforWaThI 115.079 112342 346.391 346,¥Ji I159 Ivihe ye¥•therthan the rexits4bv Tho Thote5 on p4ts11.17tomi an InttyAI part af thex IlTra15Iernwts.
IIADNEr NCES AT 31 MARCH 2023 Tanglbje assets lnvesljrts io 27.743 32.162 27.744 31163 Cvrroffitas 250,fYJ5 127,543 61,707 Cash * bank Ind in haNI 185.250 edltors: Due wsthkn om year P7J57) Net curneni •ssetslllW)4IOe5) 378fiq7 186,846 Uabjllll 219.(A19 Due knr mDrethan oneyè {60.&> 1103.9301 Net asiets 3463 ij5m ¢tyMfvnds General unrestrirted fvnds Re5tTl¢ted fvn¢J5 346.391 115.079 TotalfvrAIs 115.079 For thefinonchil yar Sn question the c(wnpanywa5 entived to ex•npkn undwsecdon 477 ofthe Companles Act2t)% relattn8 to srnall cofflpanie5. No memkn required the companyto obtaln an audit of Its accounts fortheyearln què51ion Sn accordan wlth section 476•f the CompanitsA¢t 2(. The dlreclow5 a¢knowltd8e their r¢spons5bl1 ity for¢Ory with the rewlrnentsofthekiwith resped to auoun15ng records and for the preparatkin of accounts. These accounts have been yepwed In actoTr(e ¥Ath the FKTrlslons applkable to mpanie5 subiettto the small rompanles. The Ial¥l $ernents wère appro bythe boanl ofthrettors arrfl forlsA on DÈcember 2023 and are518ned on its beNIll by. Kwser com Retstration Nth0557U61 The on py 11. 17 form an Inteyal p*t Dfthe5e fmaal 5tstements
MENr o AT 31 MARCH HF Fun 231 59,288 Purchase of property. plant equlprnent Proceeds from sale ofpropofty, and egulpmnt 18991 13,624) 18991 13,624) C¥hllwsfrom fln•Ml adlth. Repwffjts ofborrnw5n8 Cash Inflows from new bomy•l 143.9x1) 12111 94A02 55383 ath and c45h 4ui¥alents attr bnnlry Pertod 61.707 6324 Cash ¢•5h equhryl•ts the ofthe reporthy pwlod 6.109 6L707 Rewn£11I3tlun of ffetlnc4TheI(eype•JtrftrtUt1 From artlbftl 23L311 2,n7 StorementoAJIMftciolortivftle5J Depred•tlon <harys ioss on sale offixed I1$ CTeasel{derreasel ITh debtor5 D¢/ Ilrvea5el in credltW5 Oettoasel tleaSe in dderrnd Income 5.319 6,111 {121552) 25.153 49.ni 729 wpbl•d by1¥5ed In) opelathry aaMIIM ts9231 The notes oft pa8e$ 11- 17 fom an Inwral partofthe flnan¢lal ststements io
OTES TOTHE FINANCIALSTATEME E YEAR ENDED 31 MARCH 202 C•rnpany lrformth Bradnet 55 a private wmpanyllmlted by8uaNntee In¢¢wtrd kn Ewland and Wales. The reièrtd Offi Is Guardian House, 22 Manor P4w. Brndford, BD14QU. These attounts have been prep2d in accordah¢t wlth FRS 202 Tr Hnancial Repw 5tsnd•rd applicablt in the UK and Aepubli¢ of irew I-FRS -k£ounttry and Repwbn8 by Charftles" the Ststement of RecDrnftfided PractKe for tharitles apO>ryn8 FLS 102. th? C¢>mpanle5 Att 2006 and UK Genffilty Atteptod A¢£0118 Prnclltsas tt appfie5 frvrn i January 2015. The accounts afe prepared ITh sterflft& Thlth b the frjnrtional wrrerlty of the cPTry. Monetsry amouTrts In these financi•l smements afe rtyjrthd to the neI$t L The ac¢ouThts hwe been prep•red (m the h[stOr cost coft¥entbn. The prlrKbpk a(rounry polkles adw areset our belw. Fdlowln8 the Care Quanty c0rnrn1ssl ICQQ fvture fvn¢fins has beuthie uncetsin wlth wholesale ojts and market prtSSUWE5. Morther, Bradf<>rd cnCIl stlll rÈtain5 Confiden In romrnlssitiThinB Bradnet to dtSb¥er ore. and fvnd¥5 5uth o Bi8 Lottery are c4ntlnuinA w mak• irnnts f¢r ¢awtsI and rLryenue Fyojerts. Thus the tIUSlees contlnue to adèpt the t£M ba51s In preparingthe a¢counts and attttime tsfapprv4ithe xcount& s anOanbathwe Med tost•rttoexpkne opllons Iw9J51alnablHtywhlth rnay include mErylTrdtNhth other orBantsatFons. Unrethded funds are a¥•Na forke atthedwtt0IthttrpJsttts In fvrthernnceofthew tharitsb obje¢1& unless the funds he bÈtrt desyatedforothtrwoose5. Re5trfcted fvnd5 are tre donated for ust In a parUculaT area or art Iw spedftt pJrposes. tr use of whkh15 restrictedtoth or puryose. IK(¥n•ls When1ty blryaltyenuded tortknr•ny performce rondllionshwebeen the amounts can bÈ measuTrd Teliabty. al it yobable that iKorne TIAII be recthved. Cash donaV¢ns are fecwtsed on rec Othtr are reco8nised onte the tharfty has been notiffed of the doeft. unless perlom)ance ¢orrf•ft5 fEqUifE defeffjl of ts •ntyJnL IncornE TKoverae In relation to donatlorts re urOer Gfft tsr deeds of to4ot)ant ts reco6n(5ed at the lJnofthe donalton. Turno4•r is measured ¥t thÈ fatr vak* the ron51defation ruthed w retti¥ab and repsents amounts yeablets tsd5 and $te5 provided in the Aonnal (nurse of buslntss. nèt ofdbSCOUlIts, VATwd other ulE5 refatedt•> Rtsourre5 expended are rKoRfilsed In wKJd kn ththlth tlw are Inojned. HE50ur£es expende4 ?Te allocated to thè parbtylaracbvltyTAtheie tht aJ5t rnlatès di to that attivity. olertld expendlture hBS been aljocknd Ween the$t¢treS0fRe$0u Expended In ¥coarKeTh the us•8tofthE a$5•ts. li
NOTES TO THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 hlARCH Tar¢1blellK•ts T8n8ible fixed assets are Inttlally measu at COStafid subSeqwit measured atC05tor¥aluatloh. nèt ofd1preo8tiL and anylmpallnt1(6$. Depredatlon Is rew8nlsed so 35 to wrSte off the(05t val150n of 35sets1tssthElr re51duavalut5 mr theirusefu11frS M the folkylnBba5es". Land and bld51¥ xture5, ffttlrqs & equismrt 2Y6 sirdleht Ilfte 25% red1 b3n The yin and l(tss ari51w¥ on dlsposal of aro asset is detrrfflord as the dlff•renu between the sale prtteedsantlthe lvalUe oftht assetand b recolSed as rtthc•rrel lexper+threl fortheyear. L7 Imp•trmntolflxed a5ts At reportin8 end dale, the tharity we•s the rarrylreamounts ol itstsbIe and Intarylble a5sÈts 1¢ deterrnlne thetherthere15 thdkauon thatth05e a55ets h¢ 5uffEred an ImpairtIO55. If any suth indiratin e¥ists. the re(overable amourt oftheasset 15 estimated In orderto deternl1the extent of thp impinrffit1055 Itf ryI. Ret¢werable amauntisthe ht8hwof falrvalue less COStstosell aval in u52. In assesswvd in use. the e5tlrnated future ts5h are dtsr4>unted to thetrpre5entvalue u51nB • pre-tax dlscwnt rats that refierts current market assests of thÈ t))e value Df arml the rtsks spetKl¢ to tl I¢ IL whKh thee5bmatesoffuture cth flows h4 not been adj. 11 the recoverable 4fflount al asset ts tlmated to bè less than Its cair¥kng amoun¢ the urTr4ni arnot0f theasset15 reduced tolLS recoverab amount. kn Impamrtloss is retOVllSEd wnrnedlately in kKOmeXPendtUre1oTthe year. unle55 the relLWarta5Xt 55qarri¢d atavalued amou in whith case the iffpainnent10ss treated as a reAluatloD deryease. A•to8nised itryainmnt ID5ses are rthrsal if. iffity If. the reaso for the Irryalmnt 1055 hwe Eeased to appty. Where [MlM ltsss subsequently Thttses. the carryln8 amount of the asset Is n¢reased to th¢ re4rf5ed e5ttmate rfjls r¢rty4wable ¥m(wni but $0 thai the irKreased urryln8 amount does rt eyreed th? L3rrylrq amwnt that would have bE determined had no ¢mpalrrnent loss been retogntsed forthe atIn piorw. ArÉversalofan lrnpalrnntloss Isrewtsed Immedlatrly, unl the relevantasset is tarriEd in ata relae0 amtyJnL Inwhlth ose the reversal of the Impaknientloss Is treated as a revaluation incease. Cash and cash equplalents indLKler& in h•wl. dèsthts heldwith banks. Othtrshtyt-tsmi Iuld Investments Iwith ownal matuthits Irfthe rnth5 orle55) and bAnktr4erfraft5 are 51withthln bowroln85 In ¢wrrent Thabllittes. L9 Flftandal Imvumoots The tntst onty has finartial asstts al flnandal Igblliues (4 a klNI that qLnfy as bJSiE financi instruments. Bask finanaal Iruments are In]Ual recc8nlsed at tran5•rtion ¥alue and wb5equent mSUred at IltseIeMert ¥alue with tht e¥ctption of bank ltsans ¥thlth art subsequenlty measured amorti5ed cox uslnA the effectr* interest mtthod.
BRADNEr NOTES TOTHE Flf4ANCIAL StAIEMENTS FORT EN 1.10 Émpltyoo bÈnoffts ThètttstanVuftused hdidty entit1&hent15re¢cen[ In the pttsod In whkhthe ernploye•'$5eThi¢es Termlnakn benefits are reayibed Imrnedlatelyas an eKpersewhen the cornpany is demon5trabty committed to terrntnatetheemplLryment of an empltyee orto pr¢Nlde tswrnlrnatioh benefits. i.li Penjknty The tharftyoperatssadefined trIbU CMtribu15ws •re charged kn the StstementofFinanclal Pai¥ths asthry beccffje papble In aLrordano wtth the nAe5 ofthe sche. Donatlonsand 2023 estlthln th•riiablExUbftle5 1.164J68 428,635 oiher IneomÈ 9.707 &623 Totsl knrtyne-Ansls Unrestricted funds Re5trkted 1,174.075 437258 L174.0 437258
BRADN NOTES TO THE FINAW ATEME AR E140ED 31 MARCH 2023 Staff costs1Se• note 71 Depie£iatiM and ImMIent Lo# on Sale of assets RÈpawnertof ¢yftrdraft by114cr 875.448 5319 326,501 6.111 392.612 Share 0fsupportots (See note91 Share of8vwernance tists (See note 9) 61996 41.909 941763 434.521 Ihrestrlcted fvnd5 Aesfr*tedfunds 434.521 942.763 434521 14
BRADNET NOTES T FOR THE Y THE FINANCIAL STATEMÉNTS ND Totsl 2023 Total 2022 Stsff costs dntIWeTe'. Wa8tswd lrIeS Sooal seDJrity cgsts Other pelOrt (osts B19,n4 46.793 8A31 15.814 875A48 326.501 The mr4e nurnberof person5 ITnthdlsQnI¢r IntMÈn1 taaml empltyffd durfngthÈyearbastd i actkd number5 was as follow5: Charitsble Adl Internal staff 59 io io lo expense$W relmbutsedto Inistees dwother.12o22- 1411. S#pportM Swpp•rt Go4rnaM Total Paslsolamocatlon PrnI5¢S LDsts n2 TIZ 16.415 9.223 AIoL3tlon on tlme 9,339 Alloravon (ffj Ilme 7.529 AIIoLZtion tlrne 345 Allocation on twne 1506 Allcotion tkne 1941 Allocation on tkne l.n2 AllOn tkne 8A61 Altxthn on time 793 PJlo¢alion on time Stsff rdated costs nance costs Marketing 476B 443 558 1016 10.112 8.755 443 Consuttanty Legal and professA)nal ndryeynses 10.112 4755 207 61396 41309
RADNEr OTÉS TO THE FINAN IAL sfATEMEpirs FOR ThE YEAR ENDED 31 MARCH Twilbl•lW aslets T•t Oyldh¥ ffttlry5 At IAprd 2022 Aldliiorf 101059 93.568 195,628 At31 Marth 2023 IOIOS9 196527 At J Apr512022 DeprEckth th•r8td for theyear Deprec]atJth Elim on Ilisp05 163.465 5.319 3278 At31 March J123 84.150 168.n4 At31 Marth 2073 17J)9 9.833 27,743 Al 31 March 2022 50 12,212 32,162 Tréde debts 2L036 841 2242n 119.502 250ms 127.543 16
BRADNET NOTES TO THE FINANcL STATEMENTS FOR ThE YEAR ENDED IMAA 12 Cndltors ArnoWtstaIHdUvWlth1fi Secured bank loans & ovwdr•ft5 OthertaxaOTr ar soclal 5ecwlty Tr3de and sundry ¢re&ilors Attruals anddeleffed incoft 23.719 27.557 Loan fri*n INCIC Loanfrrm INcr 43.930 103?30 17