Company Registration number: 05495250 Charity Registration number: 1120155
Building Bridges in Burnley
Annual Report and Financial Statements For the year ended 31 March 2021
MBProcter Bookkeeping Services
40 Springfield Bank
Burnley Lancashire BB11 3AU AAT: 20048045
Building Bridges in Burnley
Reference and Administrative Details
| Charity name: | Building Bridges in Burnley |
|---|---|
| Charity Registration Number: | 1120155 |
| Company Registration Number: | 05495250 |
| Principal Office: | Building Bridges in Burnley c/o Kaye Turner |
| Registered Office: | Building Bridges in Burnley |
| Burnley Campus | |
| Byerden Lane | |
| Burnley | |
| BB10 1JD | |
| Trustees: | Beatrice Foster |
| Cllr Afrasiab Anwar MBE | |
| The Right Revd. Philip John North | |
| Sajda Majeed MBE | |
| Peter Lumsden | |
| Fr Aiden Edwards | |
| Bankers: | Royal Bank of Scotland |
| 40-42 St James Street | |
| Burnley | |
| Lancashire | |
| BB11 1NQ | |
| Independent Examiner: | MBProcter Bookkeeping Services |
| 40 Springfield Bank | |
| Burnley | |
| Lancashire | |
| BB11 3AU |
Trustees’ Statement for 2020-2021
Building Bridges in Burnley
We have had another tough year due to the pandemic. All face to face activities have been affected including the annual program of events and delivery in schools.
As an organisation we rely heavily on the interaction with our local communities and the restrictions have made this difficult. Despite these challenges BBB volunteers have responded in a way that must be commended, supporting our most vulnerable communities by partnering with local partner organisations including Burnley Together and Burnley Council.
BBB were awarded a Mayor’s Medal in recognition of the work the trustees and volunteers have done to support communities, deliver key messages to keep people safe and tackle vaccine hesitancy.
Through our community champions we have been able to engage the most vulnerable in society including taking a lead in vaccinating the homeless and rough sleepers. The schools programme has continued albeit online with staff and volunteers quickly adapting and embracing technology and virtual learning. We have also been able to run some of our events online, the silver lining being that attendance and representation is improved due to not having to travel.
As restrictions have started to ease we have been able to hold some face to face provision and respond to local, national and international issues. The peace vigil for the Holy Land being a highlight, attracting hundreds of people to the peace gardens for a multi-faith event to pray for peace whilst calming tensions during an emotive period.
As we look towards the next twelve months we are excited by the appointment of a full time worker through the Near Neighbours programme, a relaunch of the Schools Project and Faith Friends and the engagement of new volunteers and trustees to drive the organisation forward.
The pandemic has brought its challenges but faith communities, the voluntary sector and Building Bridges in Burnley have been at the forefront in the response and sent out a strong statement that we are stronger together.
Cllr Afrasiab Anwar MBE
Building Bridges in Burnley
Trustees’ Responsibilities in relation to the Financial Statements
The Trustees, who are the directors of Building Bridges in Burnley (for the purposes of Company Law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and the United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice)
Company Law requires for Trustees to prepare the financial statements 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 income and expenditure, of the charitable company for that period. In preparing these financial statements the Trustees are required to
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Select suitable accounting policies and then apply them consistently
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Observe the methods and principles in the Charities SORP
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Make judgements and estimates that are reasonable and prudent
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State whether applicable UC accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
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Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Independent Examiner’s Report to the Trustees of Building Bridges in Burnley
I report on the accounts of the company for the year ended 31 March 2021
Respective responsibilities of the trustees and examiner
The Trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
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Examine the accounts under section 145 of the 2011 Act
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Follow the procedures laid down in the General Directions given by the Charities Commission under section 145 (5)(b) of the 2011 Act, and;
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State whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charities Commission.
An examination includes a review of the accounting records kept by the Charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as Trustees considering any such matters. The procedures undertaken do not provide all the evidence that would be required for an audit and consequently no opinion is given as to whether the accounts present a “true and fair view” and the report is limited to those matters set out in the statement below.
Independent Examiners statement
In connection with my examination, no matter has come to my attention
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1) which gives me reasonable cause to believe that in any material respect the requirements;
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to keep accounting records in accordance with Section 386 of the Companies Act 2006, and
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to prepare accounts which accord with the accounting records, comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice Accounting and Reporting by Charities,
have not been met, or;
- 2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
M B Procter
Independent Examiner
Date: 24 June 2021
Building Bridges in Burnley
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2021
| Unrestricted Funds Note £ Incoming resources Incoming resources from generated funds Voluntary income - Bank Interest 17 Total incoming resources 17 Resources expended Charitable activities Governance costs Total resources expended Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Restricted Funds Total Funds 2021 Total Funds 2020 £ £ £ 43550 43550 37455 - 17 6 43550 43567 37461 24695 24695 21256 - - - 24695 24695 21256 18855 18872 14778 27516 27516 12738 |
|---|---|
| 46371 46388 27516 |
Building Bridges in Burnley
1Balance Sheet as at 31 March 2021
| Note Fixed Assets Current assets Cash at bank Cash in hand Prepayments Unpresented cheques Net Current Assets The funds of the charity Funds P & L Account |
2020 2019 £ £ 47559 28687 217 6577 1388 |
|---|---|
| 54136 27516 |
|
| 28687 12738 25449 14778 |
|
| 54136 27516 |
Notes:
For the financial year ended 31 March 2021 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476
The directors 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 the Financial Reporting Standard for Smaller Entities (effective April 2008)
Approved by the Board on (date) ________ and signed on its behalf by
Trustee
Building Bridges in Burnley
Notes to the Financial Statements for the year ended 31 March 2021
1. Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice “Accounting and Reporting by Charities (SORP 2005)” issued in March 2005, the Financial Reporting Standard for Smaller Entities (effective April 2008) and the Companies Act 2006).
Fund accounting policy
Unrestricted income funds are general funds that are available for use at the Trustees. Discretion in furtherance of the objectives of the charity.
Restricted funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.
Incoming resources
Voluntary income including donations and grants, that provide core funding or are of a general nature is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability.
Investment income is recognised on a receivables basis.
Resources expended
Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accurate basis and has been classified under headings that aggregate all costs related to the category.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
Governance costs
Governance costs are costs relating to the preparation and examination of the statutory accounts.
Fixed assets and depreciation
Individual fixed assets of £100 or more are initially recorded at cost.
Depreciation is provided on tangible assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows
Fixtures and fitting – 20% straight line.
Building Bridges in Burnley
Notes to the Financial Statements for the year ended 31 March 2021
2. Investment income
| . Investment income | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |
| funds | funds | funds | funds | |
| 2021 | 2020 | |||
| £ | £ | £ | £ | |
| Bank interest | 17 | 17 | 6 |
3. Trustees remuneration and expenses
No Trustees received any remuneration or expenses during the year.
4. Employees remuneration
There are no employees of the charity
5. Taxation
The company is a registered charity and is therefore exempt from taxation
6. The charity
The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £10 towards the assets of the charity in the event of a liquidation.
7. Related parties
Controlling entity
The charity is controlled by the Trustees who are all directors of the company.
8. Analysis of funds
| 8. Analysis of funds | |||
|---|---|---|---|
| As at March 2021 |
Incoming resources |
Resources expended |
|
| £ | £ | £ | |
| General funds | |||
| Donations(Vouchers) | 1200 | ||
| BBB & Near Neighbours | 2500 | ||
| CommunityChampions | 5000 | ||
| CVS EmergencyFund | 2500 | ||
| Peter Lumsden Project | 4150 | ||
| Schools and Faith Friends | 8400 | ||
| Ghausia Food Bank | 5000 | ||
| Near Neighbours | 16000 | 6710 | |
| Admin/Insurance(Governance costs) | 2127 | ||
| Projects | 3531 | ||
| Projects | 11126 | ||