(￿rity Re*iratlob) 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 BRAD￿r 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 Att￿ntants 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#1￿nt Exan¥ners Report Statempmgf Financil Athiues Balan￿$h•¢t Ststernentofcash Fl Notss tothe Fpftandl SLitem 11-17 BIiAOIIEr TRUSTEE REPORT OR THE YEAR ENDED JI CH 2023 Stru¢ adnetba compary MmRed tyiw•tee In(orpwatrd ￿ 235eptwr*er2tK15 wlth ¢ony•iy number 0557286L The com￿nY was etsb1l5tr￿d undera Memonr*lum ènd *xtlde5 of A%sodatlon whith form Oradnet15 alx> a d￿rity rewstered on 14th 2(¥)5 wlth durfty number 1111920. Acrtydln8￿. the Board of Llrettor5 ofthècompaw arÈals0 Its tru#tt5 f￿the purpw of charfty law.. ho¥￿¥￿, thr¢w8houtthls reportthey ¥rt m11odive￿ re[e￿e￿ toas"Dir•aw<. The Nane: K5addlque I Hus5aln J Ihmad T Ahmed 2610912018 10105n023 3VOV2019 2410512023 n023 15105/ZQ23 er3dneV5 8wd ofDlrecl4rs 15 respmsiblefor tr￿strait￿l¢ dlrectorand o¥trnn rnan4emènt ofbTadr*t. The Board of D￿e¢t￿ h•$ membersfrom a varietyof prof¥￿1)nal bat*grounds and experien￿ Df dlsabNIty relevèntto Bradfieys ethos and The Dlrnrtors meet abwr t￿6 to É weeks todIsa￿S 6È1ide up¢ stratr* aNI bu51ness m*tsr Asch*￿ ofdolryalton Is in Pla￿ ind day.t￿ reswjn￿b1[￿ty forthe Pftrffl*on otthe seNkes rtrtwlth the ief Executlyè 5UPPPrted bythe C¥e ma￿￿era￿d Fin￿(¥ oifirEr. The chiefE¥e￿I*￿e Is re5pwdblefor wwrI￿that *￿n¢t deU¥vsthe seNI(ttthatha¥e been mmmtssloned orfunded ind that key pwfonnance Indicaknr5 ar* MÈL Our banker5: U0￿1$ B¥nK CSty 01￿45. 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's￿ol0nI$Ih1t r￿Iety5￿￿l￿d be truly Indug¥ef*fth dsthled people ¢￿ted asw•l ¢theD5.' gradneVsrn15slonl¥ Yopromoteequ•Mty•nd InchtsSonT*Ith dis•blod people". Yo emp¢Mer •ll dts*>W peopleto h￿d￿)Ite aftdttxftrol (Nwtheir IITrts and real irth￿dentt qualty of ILIe". eradr*t5¥alues are that￿ awe (•mTr¥ll•d to m*• a Pos￿￿111eren￿to all t￿0 people wet*mrkfor wrth. To w(¥note arrtl athitht+)w m&slon wewllS conknueto: wth 411 eradnet peopleto de51gn and pw50￿Tr5ed qualltysem￿s tftablo Bfadr*t people to rnaSntsSn dlwty. IWthendth￿, t￿h1￿[¥ respect and bulld5ngtru# Nwower*l Bradnet perylt to h￿e Infornied th0[￿ and rontrol ¢y4ertheirlr¥e5 wthln thelr Eftrfch all Bradnet people5, Ilfe enrour*nK accusto I)pp￿t￿nit*s. Byadnet's Ob bTrdnet¥Jlll: 1Tr401ve dbslb￿￿ peop1elnth*￿*fiftk￿ and dÈlk*ryof Bradn•t¥s•r¥ktt and pr4ects thamplon rlghtofertrydlsabled Per￿ to thallerye d15cFknlnat(¥y ry pTr(*kefrom i ri8hts4•sed ap&Yoath Se the kno*le*aaK*d frryn its dlrectwork th dls*led bwleto foreouaIrty￿d Incluslon of dISab￿ pwle atall levels SUPPO¢ infonn and thocatelor*4tr¥¢ftsabled petsMand enh￿(¢ hIS￿r¢*I1tytO be kndeynden¢ h￿e impnfftd Iwe tharKes reduce150kitlonand r*easpJf4tfon5. Athle¥*mo Fdltwrythè pandernlo tt*alm ha5 bÈentoafy linited rE50urn wllh the ((￿n¥je￿ dEknryofs*ThryKN. tik• manyor8anls•tl￿￿rth rnLwJert r*sour¢es, tr* trrfernll •kn h¥s betn to wntinue tosurvive and ha¥e enough capadty at the olher er￿1 ofthe health ui5iS to reBenerte a￿1 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 other*rnphyn*n¢ not belng Interested Ina are carew Ora pot4 of lirritedtrlentwith zll othèr COMp￿1￿)rstryIng to reuutt atthe sametime. A poor hourly rate has the werall effta oforganlsatlons beinE to Irv&%tag￿t In strengtheniry InfrastN¢tt4re or Incenfvlslrrf people IL)loln theWffjrkfvr￿. DNEY TRUSfEE REPORT FOA THE YEAR 31 Notwlthstanthn8tr*abThe th•llenges, Bradnèt has Éxperlenced a ytarofconsolldavrn •nd Modest￿th. H&fin¥addre5ses the le8awdebts ènd obhgatlons, tht tharlty h35demonstraTrd an excellent reslllence ar perseveran￿, and the seTric* has imprDYed grtatty to the ex￿nI that, followin8 the Care Quality Camm¢5slon insppL*Son In Marth 2023. the overall ratin8 h•$ betn ra￿ed t•"GDo¢f. The sodal Workers and heath prOf￿￿OnI15￿n￿nUetO turn to kndnet for pro¥lsloTr ofsupport toseryke users, and comm1￿￿)nerS contlnu to showconfideno In ￿ (¥8￿￿￿1￿￿ byaWard1￿ cthmm1$51onsandc&)ntoctssutha5 the￿pported LFAng Framework ThewE ha5 been 3 ofst•ff compared*ith1•5t ￿ra￿dtheththe dthteto impro¥e quallty nd control is re5ultin8 in a corEt*am th71 ha5 to sh¢N cornmthenL In termsofan Improved seTh*èusereyr*no. feedbxk has Inrfitated sJtL5facllon wth the qu￿1￿ of servio rrfew, with comments taken fward lor IMprtr4l￿ tomnwnK*ion and de4el¢)pmenL Equalty. the PA5 ha¥e expressed Sa￿$10t￿M *rfth the fartthatthv havef¢und the Reg15tff¢d Manayr ?ppro¥hablEand 5upporfve and. whlle dernaThl for more work Ishard ttslulfil ¥¥lth lirnlted urowlh.the PA5 havefonvnuedtodemonstyate (￿￿mItr￿eNt and dÈdicatthi. A ktrt ol the ains of last year for irnpravir8 v5er servire and staff eryagernenL as wdl as the Inu¢•sed profik olkndnevs worl have been fulfilled dup tv varfous fadors.. 11 hoped that pro8res5 tse made toconnect wlth oruanoatkns and stakeholders to devdop partne￿IpS for referyals fr* ¢¥e and supporL th15 ha5 been dlfficuKa8alnst the back4round of many oryanlsaiion5 bel￿Sh¢￿t staffed and bdn8 unableto progres5 tnthtlves ￿et¢ fvndlry or capadry. Bradnetcontlr•Jesto hav*￿￿￿￿$ ewlor¥tory dbcusslorfjT*ith prteDthI p•rtneTh whlth It b5 hoped t￿11 bear fruit in the comllyye•rs-tt b at lea￿ *eeplr¢ Br*lnefs profiSe in the publit awtft• oreq￿1tyand dNer5ty. Wtththe akn ofdhY51fylnK Inujmeand brfr** add61fonallty tooJrser4*eswe knd6ed and suxeeded In 4 tenderto dell¥er a day11rne attivftles seThlce. Thts has had averyslDw strt fl15￿V duets IoE*down 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 r*w Re81ste￿d Mana8er It15 hoped to redoubleourefforts tode¥elop and dèliver thls It win a dthI￿d sthedule of4cti¥lty ind￿1￿￿ ouveach anderyagement 4blth Sodal W0￿eT$ and other a￿lKI* and devislnKand delfvetln8 variety01actit￿tle5 are at¢esyble and re4¥arding for dilfertnt Y￿p$ of sèNice ustt* It isa Iopar pr¢)8rnmme. $0 itha$ 8re* potent￿1 for Innry•th* xtivhle5 ?ndste*lnfome. A bli driveln the cornln8yèar wiil be to hnprtrée ourdieitsl Infrastruc￿le ts embrxe n￿w￿01 ddrythln that are incrtasith wulred ty comm155￿er$ fundE A lot ofh¥d has comlnued to8• intomthialnlni ￿trol 0f0radneysfin￿t￿S'. Ple￿￿wIth 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 cap*e 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)nXnkn￿Thts has W*5uked 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 re￿ye bythe whole Brndnet team we seem to be in a fiYJth bertWPOsitiOn than wt wert I￿1 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￿ <•b￿l￿￿e0 In ￿ frA1￿￿￿ tmntts, ey£itr May. ha¥e been steadl1y1rnpr￿41r&.The M3Y defidt was Nstorfc HMRC debL 3. June. ju￿artd AuiL8t betn very prnM￿￿.. we hwe been stradly 1nueas1n8￿rsUTpI e to Bradnet recehlrqall ourbackdated p3wrwtsfrorn DWP. 4 ThrouBhouttheyear** hm lod8ed ¥•rf(u5fvndI￿ bSd5 10fi￿d ofwrKt￿I1￿S. nun of theseha¥ebÈen ￿(C￿SIu1 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 d*1￿￿rIall0Yeil support to people leamins d153bYttl•s thatwas pre4kntslydel￿r•Jthr￿i 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 fun￿1Th8 bids illustr*es 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 rnery*r with INcfwe 11 renHln uNffident of the fvt Iwould nke to er#J by thwktrq aHthestsff fwthelr hwd o¥erthe year, arrtl ftblowtruAee5 fOrth￿r valuable tin* and commikn*nL Durln8 pand•rftCovld.19 fotrjssed on through ￿￿tta￿l Sodal Care fTrmewixk We wlll refresh ourfvndratslrq Strat￿ In 2024. Bradnet Trmalns rryThnltted a5a*towryk In p4rtnwth￿TWlth lo¢al slatutryy md Tffjlufttsry asths ¥¥tyds dupliotion and maximises¥•lue for mor• forfvndw5 and the c¢¥rrfnunty at larBe. brin8 rnuch t*eded Snward tn%wtsi￿t to Th• Board Con￿￿￿*S to m￿age 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 tOntIn￿t0£yer(JSe robust comrols torenxtyopThlon* thallerjys by adoptiry robust approa(htsto Im￿￿mntt78hterflN￿1al controls. bu&ness plannlry Iwhlth will inctyrporate a SWOTanaly315 and rlsk manaBernentl. Implernentlnl a FundralslngStrate8y and app￿ry forfUrtherfvrKll￿ successk+n plannln& use ofexpert ￿￿1(￿ and the impltrnentatim offflwe rqLY¢W relruilfflent and selertion pr￿e￿￿T¢S fw re¢ruliinestsff with the appropwble Sk1115￿ ￿ Introd￿1[0￿ offvrther staff ber*fits to r*aln staff. BRADNEr TRusfEE REPORT OR THEY ED 31 MARCH Re5er¥es Pol The Tritstees havè txaminEd thecom￿S requlrwtsitsf0rfeser￿S kn Iqht of the main rfsks to the companv. R•spon&*hlths olthè Obect•V5 Company law require5 the directors loPrEpa￿￿nènr11l5IaterneThtsft¥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 ts￿￿￿￿31 year. In Pfeparift8 those flA•n¢fal statements. the ￿rert￿$5hlxjjd follty• best al Select suitable arrounting pol￿eS and then appty thefft MISt￿ty, bl Mèkeludgements ande5timatesthat arertasonableand prudent ¢1 Pfeparethe Ilnar¢dal statern￿ts on•gthng ta￿￿ basts uftless it15 InapwwlotrtO¥55umE thattt company will se wlth reasonable a¢curaty atanytirne Br3dnefs Inanoal posttyn. and toenable them to enSu￿that the statements mplywiththe Corrp3nlesArt2W6. The Dirertory a￿41$¢ rewns1￿• fcrfsalegvarthng the assets olthe ¢ompany wd, hence. fortsikln8 fea3onablesteps 1orthejxev￿Ilort artd detett#)n olhud * other Irre8ukrttle& Mtmber5 of the board of Oirectors, •WE Dtrectorshrthe purposeof c have taken inorfwtt* mèk• outsekn aware otany rekn•nt Infonnati￿ and to tst3bli%h thatthe ¢ompanVs atcountsnts are awarè of that Attt4un The ￿nandal Statements have been preparEd In a¢cordanteith tr￿$￿ten￿r of RKornffi￿ded Pr¥tke'. Actounting and Repprtin8 by Charfttes1155ued Marth Xl)5 bythe Chafftles Commisskn) and ln a¢cordance wth thespe(ial pro¥ision5 Of Part 15 of tht Coryanles Att2tyJ6 relat￿t¢ srnall entltles, and 8radnÈtS gLvernlng documen Apy0￿d bythe dlrertors on 19 Dtten*er2023 afidsffj￿d on its beha￿UNder￿e*4ted autPth br. 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 ￿ accord*K* wfth aPp￿cable law 3nd United lln8dom GenerallyN£cWedAr￿yntln8 Practlce. Thetrustte5arere4UKtd tycthmpany ￿wt0prePa￿ftnOrK￿I st*mEntsfiYeJthfinand?lyearwhkhfveatruÈ dfalrvlewofthefinandalacii¥it*solthe ¢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 ￿ T*Jlth ¥Pl￿ble 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 a8olnB1o￿ern bas15 unle55 tn?pprowktet0¥55umethatthe dnrrtywlll contlnue in ¢peration The trustees are rtsponsblt for keepkni prtper attounting records whkh dlscktse with re350nable arwracy ¥t any￿rnethe￿nIfidaI 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. Re5pfft*lll¢ksand tras15 01 report A5 thé chwtys trustee5 of the C4rnpany land rt5 dTrrectorsfoTthe puw dcomparry lawl you are respons￿le forthe pre￿￿tr￿ ofthe ac¢ouftts in aqordar￿WlththI requirErnwts of th? CornpaniesArt2006 I'the IL￿ Arfl. Havln8satlstled ￿5￿tI￿the8cc0￿￿ts oftheCompan¥are réqulred to b¢¥ut*ted ur&f Part 16 oflhe 20J6 Ad and areellElble for1ndep￿&rt1 examinaiiw I rewt kn ￿•f my eXaMi￿tI￿ olyour th¥Ws aE£ounts as carrled out underseaion 145 of the Chartties Att 20111.the ZOII lft tarryln8 out mv eumlnattoD I have folbA*d the L¥TrdiE￿ L7barityConwMtsslon under5rft*Jn 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¥att￿tkn 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 w*hthose rewds: 3. Theaccourjts do Mtcrynpty*lth the a¢¢ountlnB requlrernents ofsettk>n 396of the20D6 Ao pther than any Mqulrementthaltheat￿nts8fve a'twue arnl fair¥1ewT*l￿ is not a m•tterwisklered a5 part of an Independ¥rtexwnlfiatl¢Jn: or 4. The ac((bunts have not been p￿Pared In accordan￿ with the mèthods znd pMtipksDlthe Ststement of Recon1n￿ded knctice for acttyJnt5n8 and reportlry ty tharftie5 [apph"cablo ro thariiles weparln8 thelr accounts In attwdanrewbththeFknaKJal Reporting Stsr*ard appl1l3b￿In the UKand A•p¥bllcof I￿land IFR5 102}. I have no and no othermatter5 in corfftdhknwith tr*¢xamlr4tion to whlth attentton shwkl be Inthi5 fEPryt in en•bk a properw￿el$t•d1ry olthe acwjntsto be Teached. rnantha. J. S FCCA Tore¥dl Dent Umlted Chartered Cerfied P& 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 rewlr*nentsofthekiwith resped to auoun15ng records and for the preparatkin of accounts. These accounts have been yepwed In acto￿Tr(e ¥Ath the FKTrlslons applkable to mpanie5 subiettto the small rompanles. The I￿a￿l¥l $￿ernents wère appro￿￿ bythe boanl ofthrettors arrfl forlsA* on DÈcember 2023 and are518ned on its beNIll by. Kwser com￿ Retstration Nth0557U61 The on py 11. 17 form an Inteyal p*t Dfthe5e fmaal 5tstements MENr o AT 31 MARCH HF Fun 231 59,288 Purchase of property. plant equlprnent Proceeds from sale ofpropofty, and egulpmnt 18991 13,624) 18991 13,624) C¥hllwsfrom fln•Ml￿ adlth. Repwffj￿ts ofborrnw5n8 Cash Inflows from new bomy•l 143.9x1) 12111 94A02 55383 ath and c45h *4ui¥alents attr* b*nnlry Pertod 61.707 6324 Cash ¢•5h equhryl•ts *the ofthe reporthy pwlod 6.109 6L707 Rewn£11I3tlun of ffetlnc4TheI(eype•￿JtrftrtU￿t1 From artlbftl 23L311 2,n7 StorementoAJIMftciolortivftle5J Depred•tlon ryn8 FLS 102. th? C¢>mpanle5 Att 2006 and UK Genffilty Atteptod A¢£0￿11￿8 Prnclltsas tt appfie5 frvrn i January 2015. The accounts afe prepared ITh sterflft& T*hlth b the frjnrtional wrrerlty of the c￿P￿Try. Monetsry amouTrts In these financi•l smements afe rtyjrthd to the neI￿$t L The ac¢ouThts hwe been prep•red (m the h[stOr￿ cost coft¥entbn. The prlrKbpk a(roun￿ry 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 c￿nCIl 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 attt*time tsfapprv4i￿the xcount& s anO￿anbath￿￿we Med tost•rttoexpkne opllons Iw9J51alnablHtywhlth rnay include mErylTrdtNhth other orBantsatFons. Unrethded funds are a¥•Na* fork*e atthedwtt￿0IthttrpJsttts In fvrthernnceofthew tharitsb obje¢1￿& unless the funds h*e bÈtrt desyatedforothtrwoose5. Re5trfcted fvnd5 are tr￿e donated for ust In a parUculaT area or art Iw spedftt pJrposes. tr use of whkh15 restrictedtoth* or puryose. IK(¥n•ls When1￿￿*￿ty blryaltyenuded tortknr•ny perform*ce 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 do￿￿eft. unless perlom)ance ¢orrf￿•ft5 fEqUifE defeffjl of ts •ntyJnL IncornE TKovera￿e In relation to donatlorts re￿￿ urOer Gfft tsr deeds of to4ot)ant ts reco6n(5ed at the lJn*ofthe donalton. Turno4•r is measured ¥t thÈ fatr vak* the ron51defation ruthed w retti¥ab￿ and rep￿sents amounts ye￿￿ablets ￿tsd5 and $￿te5 provided in the Aonnal (nurse of buslntss. nèt ofdbSCOUlIts, VATwd other ulE5 refatedt•> Rtsourre5 expended are rKoRfilsed In wKJd kn ththlth tlw are Inojned. HE50ur£es expende4 ?Te allocated to thè parbtylaracbvltyTAtheie tht aJ5t rnlatès di￿ to that attivity. olert￿ld expendlture hBS been aljocknd Ween the￿$t¢￿￿treS0fRe$0u￿ Expended In ¥co￿arKeT￿h the us•8tofthE a$5•ts. li NOTES TO THE FINANCIAL STATEMENIS FOR THE YEAR ENDED 31 hlARCH Tar¢1blellK￿•￿ts T8n8ible fixed assets are Inttlally measu￿￿ at COStafid subSeqwit￿ measured atC05tor¥aluatloh. nèt ofd1preo8tiL￿ and anylmpalln￿t1(6￿$. Depredatlon Is rew8nlsed so 35 to wrSte off the(05t ￿val￿150n of 35sets1tssthElr re51duavalut5 mr theirusefu11fr￿S M the folky*lnBba5es". Land and b￿ld51¥ xture5, ffttlrqs & equism*rt 2Y6 sirdleht Ilfte 25% red￿1￿ b3￿n The yin and l(tss ari51w¥ on dlsposal of aro asset is detrrfflor￿d as the dlff•renu between the sale prtteedsantlthe ￿l￿￿valUe oftht assetand b reco￿lSed as r*tthc•rrel lexper+threl fortheyear. L7 Imp•trmntolflxed a5*ts At reportin8 end dale, the tharity we•s the rarrylreamounts ol itsts￿bIe and Intarylble a5sÈts 1¢ deterrnlne *thetherthere15 ￿ thdkauon thatth05e a55ets h￿¢ 5uffEred an Impair￿￿tIO55. If any suth indiratin￿ e¥ists. the re(overable amourt oftheasset 15 estimated In orderto deternl1￿the extent of thp impinrffit1055 Itf ￿ryI. Ret¢werable amauntisthe ht8hwof falrvalue less COStstosell a￿*val￿ in u52. In assesswvd in use. the e5tlrnated future ts5h are dtsr4>unted to thetrpre5entvalue u51nB • pre-tax dlscwnt rats that refierts current market asses￿￿ts of thÈ t*))e value Df arml the rtsks spetKl¢ to tl* I￿¢ IL whKh thee5bmatesoffuture cth flows h*4* not been adj￿. 11 the recoverable 4fflount al ￿ asset ts t￿lmated to bè less than Its cair¥kng amoun¢ the urTr4ni arno￿t0f theasset15 reduced tolLS recoverab￿ amount. kn Impam*rtloss is retOVllSEd wnrnedlately in kKOm￿eXPend￿tUre1oTthe year. unle55 the relLWarta5Xt 55qarri¢d atavalued amou￿ in whith case the iffpainnent10ss ￿ treated as a reAluatloD deryease. A•to8nised itryainmnt ID5ses are rth*rsal if. iffity If. the reaso￿ for the Irryalm*nt 1055 hwe Eeased to appty. Where ￿ [M￿lM*￿ 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 r￿t eyreed th? L3rrylrq amwnt that would have bE￿ determined had no ¢mpalrrnent loss been retogntsed forthe a￿tIn piorw￿. ArÉversalofan lrnpalrn*ntloss Isrewtsed Immedlatrly, unl the relevantasset is tarriEd in ata rela￿e0 amtyJnL Inwhlth ose the reversal of the Impaknientloss Is treated as a revaluation inc*ease. Cash and cash equplalents indLKler& in h•wl. dèsthts heldwith banks. Othtrshtyt-tsmi I￿uld Investments Iwith ownal matuthits Irfth￿e rn￿th5 orle55) and bAnktr4erfraft5 are 51wit*hthln bowro*ln85 In ¢wrrent Thabllittes. L9 Flftandal Imvumoots The tntst onty has finartial asstts al￿ flnandal Igblliues (4 a klNI that qLn￿fy as bJSiE financi instruments. Bask finanaal Ir￿uments are In]Ual￿ recc8nlsed at tran5•rtion ¥alue and wb5equent m￿SUred at I￿ltse￿IeMert ¥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 Thètttst￿anVuftused hdidty entit1&hent15re¢cen￿[ In the pttsod In whkhthe ernploye•'$5eThi¢es Termlnakn benefits are reayibed Imrnedlatelyas an eKpersewhen the cornpany is demon5trabty committed to terrntnatetheemplLryment of an empltyee orto pr¢Nlde tswrnlrnatioh benefits. i.li Penjknty The tharftyoperatssadefined ￿￿trIbU￿￿ CMtribu15ws •re charged kn the StstementofFinanclal Pai¥ths asthry beccffje papble In aLrordano wtth the nAe5 ofthe sche￿. Donatlonsand 2023 est*lthln th•riiablExUbftle5 1.164J68 428,635 oiher IneomÈ 9.707 &623 Totsl knrtyne-An*sls Unrestricted funds Re5trkted 1,174.075 437258 L174.0 437258 BRADN NOTES TO THE FINAW ATEME AR E140ED 31 MARCH 2023 Staff costs1Se• note 71 Depie£iatiM and Im￿MIent Lo# on Sale of assets RÈpawnertof ¢yftrdraft by114cr 875.448 5319 326,501 6.111 392.612 Share 0fsupporto￿ts (See note91 Share of8vwernance tists (See note 9) 61996 41.909 941763 434.521 Ihrestrlcted fvnd5 Aesfr*tedfunds 434.521 942.763 434521 14 BRADNET NOTES T FOR THE Y THE FINANCIAL STATEMÉNTS ND Totsl 2023 Total 2022 Stsff costs d￿n￿tI￿￿WeTe'. Wa8tswd ￿l￿rIeS Sooal seDJrity cgsts Other pe￿lOrt (osts B19,n4 46.793 8A31 15.814 875A48 326.501 The mr4e nurnberof person5 ITnthdl￿sQnI¢r I￿n￿tMÈn1 taaml empltyffd durfngthÈyearbastd i actkd number5 was as follow5: Charitsble Adl Internal staff 59 io io lo expense$W￿ relmbutsedto Inistees dwo￿the￿*r.12o22- 1411. S#pportM Swpp•rt Go4*rnaM Total Paslsolamocatlon P￿rnI5¢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 All￿On ￿ 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 8￿41 2242n 119.502 250ms 127.543 16 BRADNET NOTES TO THE FINANc￿L STATEMENTS FOR ThE YEAR ENDED IMAA 12 Cndltors ArnoWtstaIH￿dUvWlth1fi Secured bank loans & ovwdr•ft5 Othertaxa￿OTr 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