Bradford & District Senior Power
Charity Number 1129877
A company limited by guarantee number 06338089
Annual report & financial statement for the year ending 31 March 2024
Bradford & District Senior Power
Annual report & financial statement for the year ending 31 March 2024
| Contents | Page |
|---|---|
| Trustees' report | 2 to 5 |
| Examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance Sheet | 8 |
| Notes to the Accounts | 9 to 13 |
2
Bradford & District Senior Power
Trustees' report for the year ended 31 March 2024
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
Hannah Dowler Bernard Lewis Chair Of Trustees Greg Lucas Tim Sanders Appointed 22/10//2024 Christine Watkin Charity number 1129877 Registered in England and Wales Company number 06338089 Registered in England and Wales
Registered address
Bradford and District Senior Power, 51 Kyffin Place, Sutton Community Centre, Bradford, BD4 8NB
Operating addresses
St Mary's CofE, Green Lane, Wyke, Bradford, BD12 8QH
Bradford Mechanics Institute Library, 76 Kirkgate, Bradford BD1 1SZ
Bankers
Current Account - Virgin Money, Westgate, Shipley, Bradford, BD18 3SD
Independent Examiner
Andrew Russell, APR Accountancy Services Limited, Shan House, 80-86 North Street Keighley, West Yorkshire, BD21 3AF
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 discussion and agreement. Trustees wishing to be considered should contact the charity.
3
Bradford & District Senior Power Trustees' report (continued) for the year ended 31 March 2024
Objectives & 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.
The Charity's main activities
As a charity dedicated to older individuals, we strive for a society in which all older adults are treated with dignity and afforded the opportunity to lead fulfilling lives. Our person-centered approach to service provision focuses on enhancing the physical and mental well-being of each individual we engage with, while also delivering essential social support and guidance.
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, the future changes to the Oastler Shopping Centre has brought uncertainty to one of our projects and we decided to move to new accommodation and facilities instead of waiting to be told we had a short period of time to move out and then struggle to find a location to move to. This project has moved to the Bradford Mechanics Institute Library, a short distance from our previous location, from April 2024.
We also run a weekly programme on a Tuesday at St Marys Wyke. In additional we are running a monthly Dementia Friendly Cafe also at St Marys Wyke. These are well support by attendees and together form the work we received funding towards from Bradford Council.
We are continuing to explore opportunities for befriending activities, as we are seeing a greater number of people struggling after the Covid pandemic, rising energy cost as we as the general strain on individual living standards. We are seeing a continued number of people who are feeling unsure and worried about the situation they face now and into the future. It is hoped that our planned program of befriending will be able to start in the coming year and support all the work we are current undertaken. The Creative Place Partner (The Leap Project) are continuing to support the work we have undertaken over the last 12 Months supporting local community project developing activities and engagement with local communities across Bradford.
We continue to 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 £3,524, made up from expenditure of (£10,109) on unrestricted funds and expenditure of £13,633 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.
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Bradford & District Senior Power
Trustees' report (continued) for the year ended 31 March 2024
Reserves Policy
The charity's free reserves, excluding fixed assets, at the year end were £15,916. The trustees seek to maintain ‘adequate reserves’ 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 the aspiration of sufficient funding for three to six months of normal expenditure.
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 31st January 2025
Bernard Lewis Chair of Trustees
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Bradford & District Senior Power
Independent examiner’s report to The Trustees of Bradford and District Senior Power
I report to the charity trustees on my examination of the accounts of the Trust for the year ended 31 March 2024, which are set out on pages 6 to 12.
Respective responsibilities of The Trustees and examiner
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:
1 accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination; or
4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
Date: 31st January 2025 Name: Andrew Russell
APR Accountancy Services Limited Shan House, 80-86 North Street Keighley, West Yorkshire, BD21 3AF
6
Bradford & District Senior Power
Statement of Financial Activities
(including summary income and expenditure account) for the year ended 31 March 2024
| Notes Receipts Grants & Donations 2 Fees Other Income Bank Interest Staff Secondment Total Receipts Payments Salaries and NI 3 Payroll Chargers Sessional workers Volunteer travel and expenses Rent and rates Utilities, phone and internet Printing, postage and stationery Events and activities Equipment Insurance Independent examination Other professional fees Repairs, cleaning and maintenance Bank charges Depreciation Sundry expenditure Grant payments Total payments Net receipts (payments) Transfers between Funds Net receipts (Payment) after transfers Cash Funds at 1 April 2023 Cash Funds at 31 March 2024 4 |
£ 224 7,460 303 1,837 19,254 29,078 27,914 424 7,277 54 - - - 294 - 728 513 1,344 20 147 - 472 - 39,187 (10,109) - (10,109) 26,025 15,916 2024 Unrestricted funds |
£ 63,858 - - - - 63,858 15,644 - 12,625 27 3,320 2,056 279 5,093 1,361 155 - 2,669 136 - - 46 6,814 50,225 13,633 - 13,633 47,801 61,434 2024 Restricted funds |
£ £ 64,082 41,919 7,460 4,679 303 272 1,837 1,009 19,254 13,205 92,936 61,084 43,558 35,400 424 301 19,902 22,725 81 506 3,320 2,901 2,056 1,815 279 149 5,387 3,065 1,361 1,096 883 546 513 871 4,013 5,223 156 51 147 203 - 184 518 215 6,814 6,480 89,412 81,731 3,524 (20,647) - - 3,524 (20,647) 73,826 94,473 77,350 73,826 2024 Total funds 2023 Total funds |
|---|---|---|---|
7
Bradford & District Senior Power
Balance Sheet
as at 31 March 2024
| Notes Fixed assets Tangible assets 5 Total Tangible assets Current assets Debtors and prepayments 6 Cash at the bank and in hand 7 Total current assets Current liabilities: amounts failing due within one year Creditors and accruals 8 Total current liabilities Net assets Funds Unrestricted funds Restricted funds Total monetary assets |
£ - - 276 16,324 16,600 500 500 16,100 15,916 - 15,916 2024 Unrestricted funds |
£ - - - 61,249 61,249 - - 61,249 - 61,434 61,434 2024 Restricted funds |
£ - - 276 77,573 77,849 500 500 77,349 15,916 61,434 77,350 2024 Total funds |
£ - 2023 Total funds |
|---|---|---|---|---|
| - | ||||
| 745 75,678 |
||||
| 76,423 | ||||
| 2,597 | ||||
| 2,597 | ||||
| 73,826 | ||||
| 26,025 47,801 |
||||
| 15,916 | 61,434 | 77,350 | 73,826 |
For the year ending 31 March 2024 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 31st January 2025
Bernard Lewis Chair of Trustees
8
Bradford & District Senior Power
Notes to support accounts for the year ended 31 March 2024
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
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Notes to support accounts continued
Bradford & District Senior Power
for the year ended 31 March 2024
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.
| 2 Grants and donations Contracts - Bradford Metropolitan District Council Groundwork UK Sutton Centre The Leap Bradford South Bradford - Combined Funding Grant ACCP Awards for All Lottery Other donations and income 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions |
£ - - - - - - - 29,078 29,078 2024 Unrestricted funds |
£ 32,858 - - 15,000 5,000 1,000 10,000 - 63,858 2024 Restricted funds |
£ 32,858 - - 15,000 5,000 1,000 10,000 29,078 92,936 2024 £ 42,703 3,415 (3,415) 855 43,558 2024 Total funds |
£ 11,998 2,959 1,250 25,000 - - - 712 2023 Total funds |
|---|---|---|---|---|
| 41,919 | ||||
| 2023 £ 34,654 3,198 (3,198) 746 |
||||
| 43,558 | 35,400 |
The average number of employees during the year was 2, being an average of 1.5 full-time equivalent (2023 1.5, 1.2 FTE) There were no employees will emoluments above £60,000.
| Defind contribution pension scheme | 2024 | 2023 |
|---|---|---|
| £ | £ | |
| Costs of the scheme to the charity for the year | 855 | 746 |
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Bradford & District Senior Power
Notes to support accounts continued for the year ended 31 March 2024
| 4 Restricted funds ACCP Aspire I Awards for All Lottery Christmas Cuppas City Bradford Metropolitan District Council (3 Linked Activity Grants) City Bradford Metropolitan District Council (St Marys) Lord Mayors Appeal Sutton Centre - Exercise activities South Bradford - Combined Funding Grant The Leap Project (CCP) Total for restricted funds |
B/Fwd. £ - 564 - 169 - 911 30,925 1,250 - 13,982 47,801 |
Receipts £ 1,000 - 10,000 - 32,858 - - - 5,000 15,000 63,858 |
Payments £ - 281 - 169 32,000 911 - 1,250 3,768 11,846 50,225 |
Transfers £ - - - - - - - - - - - |
C/Fwd. £ 1,000 283 10,000 - 858 - 30,925 - 1,232 17,136 |
|---|---|---|---|---|---|
| 47,801 | 63,858 | 50,225 | - | 61,434 |
Fund name
ACCP Aspire I Awards for All Lottery Christmas Cuppas
City Bradford Metropolitan District Council (3 Linked Activity Grants) City Bradford Metropolitan District Council (St Marys) Lord Mayors Appeal Sutton Centre - Exercise South Bradford - Combined Funding Grant The Leap Bradford
Purpose of restriction
To support Training and food related activities To support the publicity of the charity.
To support the Motivation Monday Activities
To run sessions to provide refreshments and Christmas treats to our elderly centre users.
To provide weekly food and activities on Monday & Tuesdays Also monthly support for a monthly Café
Used to support elderly activities at St Marys Church
To be used for equipment in the Bradford People's Centre. To provide exercise activities for service users. To support food related and exercise activities
Towards engagement with community groups pursuing art based activities across Bradford.
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Bradford & District Senior Power
Notes to support accounts continued for the year ended 31 March 2024
| 5 TTangible assets Cost At 1 April 2023 New purchases At 31 March 2024 Depreciation At 1 April 2023 Charge this year At 31 March 2024 Net book Value At 31 March 2024 At 31 March 2023 6 Debtors and prepayments Debtors Prepayments Other debtors 7 Cash at the bank and in hand Cash at bank Cash in hand 8 Creditors and accruals Creditors Accruals |
Office equipment £ 550 - 550 550 - 550 - - 2024 £ - 276 276 2024 £ 77,573 - 77,573 2024 £ - 500 500 |
Total £ 550 - |
|---|---|---|
| 550 | ||
| 550 - |
||
| 550 | ||
| - | ||
| - | ||
| 2023 £ - 261 484 |
||
| 745 | ||
| 2023 £ 75,665 13 |
||
| 75,678 | ||
| 2023 £ 1,739 858 |
||
| 2,597 |
9 Related party transactions
Trustee expenses
During the year no trustees were paid in respect of travel (Previous year 1 trustee and £32)
Trustees renumeration and benefits
No trustees received any renumeration or benefit during this or the previous year
Other transactions with trustees or related parties
| Other transactions with trustees or related parties Name of trustee or related party Relationship to Charity Description of transaction Hannah Dowler Trustee Freelance cooking services |
2024 2023 £ £ 2,050 468 2,050 468 |
|---|---|
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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 2024
| Income Grants & Donations Fees Other Income Bank Interest Staff Secondment Total income Expenditure Salaries and NI Payroll Chargers Sessional workers Volunteer travel and expenses Rent and rates Utilities, phone and internet Printing, postage and stationery Events and activities Equipment Insurance Independent examination Other professional fees Repairs, cleaning and maintenance Bank charges Depreciation Sundry expenditure Grant payments Total Expenditure Net income / (Expenditure) Fund balances brought forward Fund balances carried forward |
£ 224 7,460 303 1,837 19,254 29,078 27,914 424 7,277 54 - - 294 - 728 513 1,344 20 147 - 472 - 39,187 (10,109) 26,025 15,916 2024 Unrestricted funds |
£ 63,858 - - - - 63,858 15,644 - 12,625 27 3,320 2,056 279 5,093 1,361 155 - 2,669 136 - - 46 6,814 50,225 13,633 47,801 61,434 2024 Restricted funds |
£ 64,082 7,460 303 1,837 19,254 92,936 43,558 424 19,902 81 3,320 2,056 279 5,387 1,361 883 513 4,013 156 147 - 518 6,814 89,412 3,524 73,826 77,350 2024 Total funds |
£ 712 4,679 272 1,009 13,205 19,877 21,645 301 7,207 256 405 1,226 - 59 81 546 871 2,034 29 203 184 179 - 35,226 (15,349) 41,374 26,025 2023 Unrestricted 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 Restricted funds |
£ 41,919 4,679 272 1,009 13,205 2023 Total funds |
|---|---|---|---|---|---|---|
| 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 |
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