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2023-03-31-accounts

Bradford & District Senior Power

Charity number 1129877

A company limited by guarantee number 06338089

Annual Report and Financial Statements

for the year ended 31 March 2023

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Bradford & District Senior Power

Annual Report and Financial Statements for the year ended 31 March 2023

Contents Page
Trustees' report 2 to 4
Examiner's report 5
Statement of financial activities 6
Balance sheet 7
Notes to the accounts 8 to 12

Prepared by West Yorkshire Community Accountancy Service CIO

1

Bradford & District Senior Power

Trustees' report for the year ended 31 March 2023

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Bernard Lewis Jean Walker Christine Watkin Greg Lucas Hannah Dowler

Charity number

Company number

Chair

1129877 06338089

Resigned 7 April 2023

Appointed 25 January 2023 Registered in England and Wales Registered in England and Wales

Registered and principal address

Bankers

7 John Street Yorkshire Bank plc Bradford 1 Westgate BD1 3JS Shipley Bradford BD18 3SD

Independent examiner

Rhys North ACA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a company limited by guarantee and was formed on 8 August 2007. It is governed by a memorandum and articles of association as amended by special resolution on 22 May 2009. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £10.

Method of recruitment and appointment of trustees

The trustees of the charity are also the directors for the purposes of company law and are appointed by the members at the AGM.

Objectives and activities

The charity's objects

To promote the relief of older people in any manner which now or hereafter may be deemed by law to be charitable in and around the metropolitan district of Bradford.

2

Bradford & District Senior Power

Trustees' report (continued) for the year ended 31 March 2023

The charity's main activities

Providing older peoples' events to combat loneliness, providing advice to older people when requested, producing quarterly newsletters to keep our members in touch and provide them with useful information.

Public benefit statement

In setting our objectives and planning our activities the trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular to working together with older people, their families and carers.

Achievements and performance

During the year Covid was still having an impact on our services. It continued to be difficult to get people to leave their homes and attend the various activities & cafes that we run at BDSP.

We run two programmes across the city centre Hub in John Street Bradford, and the Tuesday Club at St Marys Wyke. Since April 2023 we have also begun running a monthly Dementia Friendly cafe at St Marys Wyke.

We are continuing to find the need for telephone befriending and group befriending activities, especially since the Covid pandemic.

We can see an increase in attendances since the Covid pandemic, but now with Covid transmissions increasing it may become difficult again to maintain the numbers.

People are feeling unsure and worried about the ongoing Covid pandemic. We feel positive about the future of BDSP, we are looking forward to new opportunities to grow and prosper with the support of all our staff, trustees and volunteers.

Financial review

The net expenditure for the year was £20,647, including net expenditure of £15,349 on unrestricted funds and net expenditure of £5,298 on restricted funds.

The trustees have reassessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.’

We have already secured grant income for the coming year and continue to explore new opportunities to expand the support and work undertaken.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £26,025.

The trustees seek to maintain ‘adequate reserves’ so as to ensure that all reasonable day-to-day running costs can be met as and when they fall due, recognising the basic financial principle that the Board of trustees is responsible for ensuring that the solvency of the charity is maintained. 'Adequate Reserves' is deemed to be sufficient funding for six months of normal expenditure.

3

Bradford & District Senior Power

Trustees' report (continued) for the year ended 31 March 2023

Statement of trustees' responsibilities

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law 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 resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

select suitable accounting policies and apply them consistently;

observe the methods and principles in the Charities SORP;

make judgements and estimates that are reasonable and prudent;

state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;

prepare the accounts on a going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Approved by the board of trustees on 21/11/2023

Bernard Lewis (Trustee)

4

Bradford & District Senior Power

Independent examiner's report to the trustees of Bradford & District Senior Power

I report to the charity trustees on my examination of the accounts of the charitable company for the year ended 31 March 2023, which are set out on pages 6 to 12.

Responsibilities and basis of report

As the charity's trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Rhys North ACA

22/11/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

5

Bradford & District Senior Power

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2023

Notes
2023
Unrestricted
funds
£
Income from:
Grants and donations
(2)
712
Fees
4,679
Other income
272
Bank interest
1,009
Staff secondment
13,205
Total income
19,877
Expenditure on:
Salaries and NI
(3)
21,645
Payroll charges
301
Sessional workers
7,207
Volunteer travel and expenses
256
Rent and rates
405
Utilities, phone and internet
1,226
Printing, postage and stationery
-
Events and activities
59
Equipment
81
Insurance
546
Independent examination
871
Other professional fees
2,034
Repairs, cleaning and maintenance
29
Bank charges
203
Depreciation
184
Sundry expenditure
179
Grant payments
-
Total expenditure
35,226
Net (expenditure)
(15,349)
Fund balances brought forward
41,374
Fund balances carried forward
(4)
26,025		 2023
Restricted
funds
£
41,207
-
-
-
-
41,207
13,755
-
15,518
250
2,496
589
149
3,006
1,015
-
-
3,189
22
-
-
36
6,480
46,505
(5,298)
53,099
47,801		 2023
Total
funds
£
41,919
4,679
272
1,009
13,205
61,084
35,400
301
22,725
506
2,901
1,815
149
3,065
1,096
546
871
5,223
51
203
184
215
6,480
81,731
(20,647)
94,473
73,826		 2022
Total
funds
£
90,768
2,439
83
168
-
93,458
36,166
387
28,412
818
1,574
1,314
613
7,177
1,507
474
600
16,127
5
205
183
1,142
-
96,704
(3,246)
97,719
94,473

All incoming resources and resources expended derive from continuing activities.

6

Bradford & District Senior Power

Balance sheet

as at 31 March 2023
2023
Unrestricted
£
Fixed assets
Tangible assets
(5)
-
Total fixed assets
-
Current assets
Debtors and prepayments
(6)
745
Cash at bank and in hand
(7)
27,208
Total current assets
27,953
Current liabilities:
amounts falling due within one year
Creditors and accruals
(8)
1,928
Total current liabilities
1,928
Net assets
26,025
Funds
Unrestricted funds
26,025
Restricted funds
-
Total funds
26,025
-		 2023
Restricted
£
-
-
-
48,470
48,470
669
669
47,801
-
47,801
47,801
-		 2023
Total
£
-
-
745
75,678
76,423
2,597
2,597
73,826
26,025
47,801
73,826
-		 2022
Total
£
184
184
9,337
89,595
98,932
4,643
4,643
94,473
41,374
53,099
94,473

For the year ending 31 March 2023 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its accounts for the year in question in accordance with section 476. The trustees (who are also the directors for the purposes of company law) 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 FRS 102 (effective January 2019).

The financial statements were approved by the board of trustees on 21/11/2023

Bernard Lewis (Trustee)

7

Bradford & District Senior Power

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102.

There has been no change to the accounting policies since last year.

No changes have been made to the accounts for previous years.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Office and computer equipment: over 3 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

Further explanation of the nature and purpose of each fund is included in the notes to the accounts.

8

Bradford & District Senior Power

Notes to the accounts continued

for the year ended 31 March 2023

2 Grants and donations
Bradford Metropolitan District Council (BMDC)
Groundwork UK
Sutton Centre
The Leap Bradford
Bradford Comm. Empowerment Network (CNET)
Bradford VCS Alliance
National Lottery Community Fund (NLCF)
Postcode Neighbourhood Trust
Royds Community Association
Sir George Martin Trust
Other donations
3 Staff costs and numbers
Gross salaries
Social security costs
Employment allowance
Pensions		 2023
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
712
712		 2023
Restricted
funds
£
11,998
2,959
1,250
25,000
-
-
-
-
-
-
-
41,207		 2023
Total
funds
£
11,998
2,959
1,250
25,000
-
-
-
-
-
-
712
41,919
2023
£
34,654
3,198
(3,198)
746
35,400		 2022
Total
funds
£
22,259
19,100
-
-
10,000
2,250
11,909
19,926
2,500
2,000
824
90,768
2022
£
35,432
2,895
(2,895)
734
36,166

The average number of employees during the year was 1.5, being an average of 1.2 full time equivalent (2022: 1.7, 1.3 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme 2023 2022
£ £
Costs of the scheme to the charity for the year 746 734

9

Bradford & District Senior Power

Notes to the accounts continued

for the year ended 31 March 2023

4 Restricted funds
Aspire I
Lord Mayors Appeal
ABCD- Men Move
Groundworks
Transformation Fund
Omicron Grant
Local Connect Fund
Postcode Lottery
Community Chest
BMDC Tasty Chewsday
Sir George Martin Trust
Christmas Cuppas
Development Funding
The Leap Bradford
CNET - Deja Brew
BMDC - St Marys
Sutton Centre - Exercise		 Balance b/f
£
713
30,925
229
-
664
5,339
1,103
4,464
250
-
632
393
3,387
-
5,000
-
-
53,099		 Incoming
£
-
-
-
2,959
-
-
-
-
-
10,498
-
-
-
25,000
-
1,500
1,250
41,207		 Outgoing
£
149
-
229
2,959
664
5,339
1,103
4,464
250
10,498
632
224
3,387
11,018
5,000
589
-
46,505		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Balance c/f
£
564
30,925
-
-
-
-
-
-
-
-
-
169
-
13,982
-
911
1,250
47,801

Fund name

Aspire I Lord Mayors Appeal ABCD- Men Move Groundworks Transformation Fund Omicron Grant

Local Connect Fund Postcode Lottery Community Chest BMDC Tasty Chewsday Sir George Martin Trust Christmas Cuppas

Development Funding The Leap Bradford

CNET - Deja Brew

BMDC - St Marys Sutton Centre - Exercise

Purpose of restriction

To support the publicity of the charity. To be used for equipment in the Bradford People's Centre. To support groups for older men. Towards helping the over 55's get back into work.

For repairs and to buy equipment to replace items damaged by flooding. Towards Motivational Monday, Tasty Chewsday, Crafternoon Tea and New Horizons projects.

Towards the Crafternoon tea project.

To provide and deliver Crafternoon tea to elderly local residents. To buy equipment. To provide food and activities on Tuesdays. To cover the rent of premises for Tasty Chewsday.

To run sessions to provide refreshments and Christmas treats to our elderly centre users. Towards business development support costs.

Towards engagement with community groups pursuing art based activities across Bradford.

To provide structured physical and mental exercise to over 60’s to aid mental health issues.

Used to support elderly activities at St Marys. To provide exercise activities for service users.

10

Bradford & District Senior Power

Notes to the accounts continued

for the year ended 31 March 2023

5
6
7
**8 **		 Tangible assets
Cost
At 1 April 2022
At 31 March 2023
Depreciation
At 1 April 2022
Charge for year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
Debtors and prepayments
Debtors
Prepayments
Other debtors
Cash at bank and in hand
Cash at bank
Cash in hand
Creditors and accruals
Creditors
Accruals		 £
550
550
366
184
550
-
184
2023
£
-
261
484
745
2023
£
75,665
13
75,678
2023
£
1,739
858
2,597
Office
equipment		 Total
£
550
550
366
184
550
-
184
2022
£
8,622
253
462
9,337
2022
£
89,576
19
89,595
2022
£
4,043
600
4,643

9 Related party transactions

Trustee expenses

During the year 1 trustees were paid a total of £32 in respect of travel (previous year: 2 trustees and £35).

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous year.

Other transactions with trustees or related parties
Hannah Dowler
Trustee
Name of trustee
or related party
Relationship to
charity
Description of transaction
Freelance cooking services		 2023
£
468
468		 2022
£
-
-

11

Bradford & District Senior Power

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023

2023
2022
Unrestricted Unrestricted
funds
funds
£
£
Income
Grants and donations
712
4,641
Fees
4,679
2,439
Other income
272
83
Bank interest
1,009
168
Staff secondment
13,205
-
Total income
19,877
7,331
Expenditure
Salaries and NI
21,645
803
Payroll charges
301
387
Sessional workers
7,207
12,746
Volunteer travel and expenses
256
62
Rent and rates
405
206
Utilities, phone and internet
1,226
1,242
Printing, postage and stationery
-
-
Events and activities
59
416
Equipment
81
46
Insurance
546
474
Independent examination
871
600
Other professional fees
2,034
2,717
Repairs, cleaning and maintenance
29
5
Bank charges
203
205
Depreciation
184
183
Sundry expenditure
179
473
Grant payments
-
-
Total expenditure
35,226
20,565
Net income / (expenditure)
(15,349)
(13,234)
Fund balances brought forward
41,374
54,608
Fund balances carried forward
26,025
41,374		 2023
Restricted
funds
£
41,207
-
-
-
-
41,207
13,755
-
15,518
250
2,496
589
149
3,006
1,015
-
-
3,189
22
-
-
36
6,480
46,505
(5,298)
53,099
47,801		 2022
Restricted
funds
£
86,127
-
-
-
-
86,127
35,363
-
15,666
756
1,368
72
613
6,761
1,461
-
-
13,410
-
-
-
669
-
76,139
9,988
43,111
53,099		 2023
Total
funds
£
41,919
4,679
272
1,009
13,205
61,084
35,400
301
22,725
506
2,901
1,815
149
3,065
1,096
546
871
5,223
51
203
184
215
6,480
81,731
(20,647)
94,473
73,826		 2022
Total
funds
£
90,768
2,439
83
168
-
93,458
36,166
387
28,412
818
1,574
1,314
613
7,177
1,507
474
600
16,127
5
205
183
1,142
-
96,704
(3,246)
97,719
94,473

12