Charity Registration number: 1120155
Building Bridges in Burnley
Annual Report and Financial Statements
For the year ended 31 March 2023
MBProcter Bookkeeping Services
40 Springfield Bank
Burnley Lancashire BB11 3AU
Building Bridges in Burnley
Reference and Administrative Details
| Charity name: | Building Bridges in Burnley |
|---|---|
| Charity Registration Number: | 1120155 |
| 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 | |
| Yasara Naheed | |
| 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 |
Building Bridges in Burnley
Trustees’ Statement for 2022-2023
The past twelve months have been very fruitful for Building Bridges in Burnley. We celebrated 20 years of the organisation and it was wonderful to welcome back founding members and those pioneers who had the vision to set up the organisation.
The year has been full of celebration with our annual programme being delivered which has included community celebrations, a return of our multi faith seminars in the faith centre and inter faith week programmes.
This year has been particularly important in developing relationships and dialogue with strategic partners across the town and the forming of a partnership 'Burnley for All. Working with Burnley Council, Burnley FC, Burnley Leisure, Burnley Youth Theatre, Burnley College and UClan to develop projects and engage new audiences. This has allowed us to avoid duplication and work to support all our communities and bring people together.
Particular highlights include the annual fundraising dinner where we were joined virtually by one of our trustees all the way from Bethlehem in the Holy Land. Additionally the success of the first ever community Iftar at Turf Moor in partnership with Burnley FC is something we are already planning to make even bigger and better next year.
As a result of the partnership working and engagement of key partners it was wonderful to see Building Bridges in Burnley awarded the Medium to Large Community Group of the year at the inaugural Burnley above and Beyond Awards. A testament to the hard work of our volunteers and trustees.
The schools projects continue to go from strength to strength with new schools continuously signing up as a result of the excellent relationship with SACRE and Lancashire County Council.
Over the next twelve months we hope to carry on the great work, recruit new volunteers and further develop our youth Sports programme. I would like to thank all our volunteers, trustees, members and participants for their contributions throughout the year.
Afrasiab Anwar MBE
Chair
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 2023
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
Date: 06 June 2023
Independent Examiner
Building Bridges in Burnley
Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2023
| Unrestricted Funds £ Incoming resources Incoming resources from generated funds Voluntary income - Bank Interest 273 Total incoming resources 273 Resources expended Charitable activities Governance costs Total resources expended Net movement in funds Reconciliation of funds Total funds brought forward Total funds carried forward |
Restric ted Funds Total Funds 2023 Total Funds 2022 Total Funds 2021 Total Funds 2020 £ £ £ £ 57292 64985 43550 37455 273 22 17 6 57565 65007 43567 37461 47344 29577 24695 21256 1847 24878 - - 49191 54455 24695 21256 8374 10552 18872 14778 56940 46388 27516 12738 |
|---|---|
| 65314 56940 46388 27516 |
Building Bridges in Burnley
Balance Sheet as at 31 March 2023
| Note Fixed Assets Current assets Cash at bank Cash in hand Current Liabilities Unrepresented cheque Pension Net Assets The funds of the charity Funds P & L Account |
2022-3 2021-2 2020-1 2019-20 £ £ 73381 61771 47559 28687 34 499 217 (30) 303 |
|---|---|
| 73688 65505 54136 27516 |
|
| 65314 47558 28687 12738 8374 17947 25449 14778 |
|
| 73688 65505 54136 27516 |
Notes:
For the financial year ended 31 March 2023 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 2023
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 2023
2. Investment income
| . Investment income | ||||||
|---|---|---|---|---|---|---|
| Unrestric | Restrict | Total | Total | Total | Total | |
| ted funds | ed | funds | funds | funds | funds | |
| funds | 2023 | 2022 | 2021 | 2020 | ||
| £ | £ | £ | £ | £ | £ | |
| Bank interest | 273 | 273 | 22 | 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
(For info - these do not form part of the accounts)
| As at March 2023 |
Incoming resources |
Resources expended |
|
|---|---|---|---|
| £ | £ | £ | |
| General funds | |||
| Donatons | 57565 | ||
| BBB | 3420 | ||
| Near Neighbours | 4647 | ||
| Schools Link | 10490 | ||
| Peter Lumsden Project | 90 | ||
| Schools and Faith Friends | 28698 | ||
| Governance | 1847 | ||