COMPANY REGISTRATION NUMBER: 6370028
CHARITY REGISTRATION NUMBER: 1135599
BRADFORD & DISTRicf COMMUNITY EMPOWERMENT NETWORK UMITED
(A company limited by guarantee)
REPORTS AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024

BRADFORD & DISTRicf COMMUNITY EMPOWERMENT NETWORK LIMITED
Company Infomiatlon
Dlrectors/Trustees
P James {Chair)- reslgned 20 June 2023}
H Ha5anlChair, w.e.f. 20 June 2023)
P Bloom {Treasurerl
J Scott
P Tate
A Perveen {resSgned 20 June 2023)
H Naib
A15mall
S Zamir
S Ahmed (appolnted 4 October 20221
Prlnclpal Staff - Chief Executive-j Khan
Accountants
Abbas & Co Accountants Limited
11 Ha Ilfield Road
Bradford
West Yorkshire
8DI 3RP
Banker5
Unity Trust Bank
Nine Brlndleyplace
4 Oozells Square
Birmlngham
BI 2HB
Reglstered Offlce
1st Floor
10 Mornington Villas
Bradford
West Yorkshire
BD87HB
Company Regi5tratlon Number 6370028
Charlty Registratlon Number
1135599

Bradford & D15trlct Community Empowerment Network Limlted
Report of the Trustees/Dlrectors for the year ended 31 March 20241conVd)
The trustees are pleased to present their annual dlrector5' report together with the financial Statements of the
charity for the yearendlng 31 March 2024 which are also prepared to meet the requirements for a dlrectors, report
and accounts for Companies Act purpose5.
The financial statements comply with the Charitles Act 2011, the Companie5 Act 2006, the Memorandum and
Artlcle5 of Association, and Accounting and Reporting by Charltles: Statement of Recommended Practice applicable
to charities preparing thelr accounts in accordance with the Flnanclal Reporting Standard appllcable in the UK and
Republic of Ireland IFRS 1021 (effective l January 20151.
Chalrfs Report
As Chair, firstly I would like to thank all our CNet staff and our Chief Executlve, Javed Khan for taklng CNet to a level
that one could be proud of desplte the challenges all alon8 thi5 year and last year due to the restraint budget set
for the activitie5. CNet aims 15 to empower communltles across Bradford & Dlstrlct by supporting the communlty
and this mission is based on the Quality and Professionallsm CNet has shown and proven and to ensure to dellver
thelr best all along.
I belleve the greatest contrlbution to CNet development for future expansion and growth Into an even better com-
pany• is not only the knowledge, abilities and experience of the members of the Board of Dlrectors, It is also the
ability to speak out and perform their dutie5 from various perspective5, born out of diverslty in terms of career
background. As the Chalrman of the Board,15eek to ensure that member5 respect and listen carefully to one an-
other and that all members are free to express their oplnlons wlthout prejudice. I run meetings of the Board of
Dlrectors so that member5 can exchanBe questlons and oplnions. Looklng back, CNet has a long-standlng culture of
encouraging free and open discu55ion among employees. I belleve enablln8 each member to express a wide arrav
of oplnlons and engage In Ilvely discussion based on hls or her own knowledge and experience Is essentlal to the
decision-makln8 process at Board meetSn8s.
As Chairman of the Board, I will work to cultivate even more lively deliberatlons so that the Company can swIftIy
make the best posslble declslons and actively contribute to the lon8-term, sustalnable enhancement of CNet. Hav-
in8 analysed and evaluated the responses, we confirmed that, generally the company's Board Is functionlng appro-
priatelv.
All projects under CNet for 2023 14 ha5 achleved Its target and has been working endlessly towards the next year
target and activities. Detai15 of the projects Is as per the annual financlal report In place. CNet staff ha5 worked
dS1igently across the board to fulfil the obllgatlon to support groups and indivlduals worklng for a better Bradford.
The Board members work wlth all mernber5 of staff, offerlng support when and where needed by listening to new
idea5. We work as a team effectfvely and efficiently. We are open to Ideas and Is readyto take on whatever necessary
to flourish and expand the successful role in this District, working with partner or8anisation5 for the benefit of all
people and organi53tlon5 who needed CNet help, support and expertise.
l am very proud to be their Chairman and to be able to work with such an outstandln8 Staff and Board Member5.
There will be more challenges moving forward but wlth proper plann5ng and attitude CNet wlll achieve Its goals.
Finally, on behalf of the Board, I would again like to thank all of our amazing staff and people across the business
for all of their commitment and hard work durin8 the year and we wlll continue to work on further improvement
80ing forward.
Hazlin Ha5an (Ch

Bradford & Dlstrlct Community Empowerment Network Llmited
Report of the Trustees/Dlrectors for the year ended 31 March 2024 Icont'd)
Structure• governance and management
Bradford & District Community Empowerment Network Limited is a company limited by guarantee and a registered
charity. It is governed by its Memorandum and Articles of Association. It Is a membership or8anisatlon and its
Directorsnrustees are elected by members in accordance with the procedures set out In the Artlcles of Association.
Directors/Trustees should, wherever possible, add to the skills of the Board as a whole. The charlty has in place a
procedure and process for the inductlon and training of new Dlrectors/Trustees which includes detailed brieflngs
on their legal obllgatlons as Dlrectors and as Trustees, Charity Commlsslon advice and guldance, existing decislon
maklng proce55es, familiari5atlon with the current business plan and the financial position of the charity and visiting
the charity's premises to meet other DlrectorslTrustees and key members of staff.
Objectlves and actlvltles
Our purposes
The principal purposes of the charlty are to develop the capacitles and skills of members of the comrnunity
{particularly those who are deprived or excluded) in such a way that they are better able to Identify and meet their
needs, en8a8e wlth public dec15ion makin8 and to partlclpate more fully Sn Society and to promote and support
public dec15ion making in the provision, Improvement or maintenance of public amenltles,
In shaplng our objectlves and plannin8 our activities for the year, the trustees have had regard to the Charltv
Commlssion's guidance on publlc benefit, including the guldance 'publlc benefit: running a charlty (PB2)'.
Maln Actlvltles
Support lrnpmvement Programme (SIP)- CNet is the lead or8anlsatlon supporting the co-ordlnation of the buslness
SU5tainabillty lot of the councll's wider Infrastructure Support Improvement Programme. Network Central partners
are the Race Equality Network and lrnpact Hub. The first task wa5 taking over the facilitation and admlnlstration of
the Local Community Support Grant5 (forrnerly Day Opportunities). The grants support projects for older people
and people with learnlng disabilities.
The total value of all application5 made was £1.9Z5,745
89 orBanisatlons applled to deliver 206 projects across the district
139 projects across 75 organisations were funded
A total of £1,338,344 was award to successful appllcants per year for 2 years
The funds were allocated across the dlstrict, we achieved a falr balance of both geographlc and community of
Interest spread. The￿ were a number of new projects and contlnuatlon of some existing ones. Some 8roups
offered to merge project5 which allowed the funds to stretch further and benefit more people,
Cltlzens Engagement- Part of the SIP contract we are worklng With Hale as the lead to support engagement
with the communities of Bradford Dlstrlct and Craven using ABCD approaches, building on existlng strengths
of people and with communities. To delivering Information In a balanced way to support people and
comrnunities to make declsions for themselves.
The Bradford Dlstrlct Frlendshlp Grants scheme is funded by Bradford Council to help community groups wlthln
the Bradford Dlstrict to support people living wlth dementia and/or 5ens0ry impairment to Ilve Independently,
build friendship5 and be enga8ed with their local community.
CNet has been facilitating the grants on behalf of Bradford Council since April 2023. Up to March 2024 there were
two round of grants, each taklng appllcatlons for projects from £500 to £2,000. Amounts awarded in each round
were:

Bradford & Distrlct Community Empowerment Network Limited
Report of the Trustees/Dlrectors for the year ended 31 March 2024 {conVd}
Round I
£22,511.37 in total
Dementia: £9.463.80
Sen50ry Impairment: £13,047.57
Round 2
E30,390,00 in total
Dementia: £20,221.00
Sensory Impairment: £10,169.00
Projects funded have included a sensory meadow for people with vlsual Impalrment, dementla awareness events
for communltles of Interest, and interactlve muslc sessions.
West Yorkshlre Comblned Authorltvs Thlrd Sector Advlsory Group: We promote the work of the offlce around
the 8radford Dlstrlct and also regularly organlse and run events highlighting155ues and priorities Identified Sn the
Police & Crime plan. Thls done by Invitin8 member5 of groups and organisatlons across the district to hear speakers
who are connected to organisations worklng In the partlcular highlighted area of work, speak about their work and
thls Is followed by discusslon5 to Identify any gaps, to encourage networklng and plan how to work tO8ether more
effectively. We also worked with a number of focus group5 to IdentSfy current and lon8.term issues affectin8
communlty safety In the Bradford district.
The Vlolence Redurtlon Unlt (VRU) - a Series of 'How To, booklets were created and published. In addltlon to the
three prevlous booklet5, a further two booklets have been produced and released this year on 'How to Campaign
& Lobby, and 'How to Or8ani5e an Event, as well as tralnlng sesslons to go alongside them.
Achlevements and Performance
The company has successfully managed the grant makin8 activities for and on behalf of the councll, co-deslgnin8
and co-produclng the process worklng alongside commissioners. We have run a 5erie5 of communlty development
and health initiatives. We have designed. developed and delivered communlty engagement and interventions for
a number of projects, developlng our partnershlp offer. We have promoted our servlces on our website and
increased our usage of social media which has increased our profile.
The director5 believe that the company ha5 performed well given the changes In contracts. The company has
worked hard to create a sound foundation for it to continue to develop and where opportunitie5 arise to expand
the range and diver51ty of its offer. We have, In line with our reserves policy, bullt 5ufflclent reserves to sustaln us
for an acceptable perlod of time.
Plans for future perlods
The trustees alm to contlnue to develop the work of the organisation through exploring a number of proposals
around community development, Grant giving and sustalnabillty. The organlsatlon is expectlng a dlmlnutlon In the
amount of grant monies received over the next year. However, we have considerably reduced our operational c05tS
and are prudent with our expenditure. We have had to make staffing and structural changes to the or8anisatlon
in line with the new contractual and financial constralnt5, We wlll contlnue to explore and pursue new opportunitie5
as and when they arise.

Bradford & Dlstrlct Communlty Empowerment Network Llmited
Report of the Trustees/Dlrectors for the year ended 31 March 2024 {conVd)
Flnanclal Review
The statement of financial affairs show5 total income of £371,151, a decrease of 41.5% on the previou5 year, and
tot31 expenditure of £288,408, a decrease of 45.8%, resulting in a surplus of £28,743, compared with a surplus of
£10,629 for 2021-22. The decreases in income and costs were affected by reductlons In grant income and grants
paid Of £226,776, followlng the decision by the local Council to take grant payments Sn house, whilst outsourcin8
thelr admin15tratlon. The trustees contlnue to seek to 5U5taln the flnancial position of the organisation by attracting
funding from non-traditional funders to offset the potentlal reductlon In funding from central and local government,
wh115t malntalning its Stated purposes and objectlves.
Reserves Pollcy
In accordance wlth the Charity Commission Guidance, the trustees have considered the reserve needs of the charity
and have established a pollcy whereby unre5trlcted funds neither committed nor Invested In flxed assets (free
unrestrlcted reserves) should equate to 6 (2023 31 months of total expenditure (excluding grants paSd> plu5
statutory redundancy and notlce perlod costs. At 31 March 2024, free unrestricted current reserves totalled
£303,640. After deducting the costs of statutory redundancy and notice costs1£137,231), the remalnlng reserves
represent 7,0 months12022 - 5.8 months) of total expenditure lexcludlng grants paldl for the year. The trustees
wlll contlnue to seek to malntaln the achlevement of the pollcy target.
Investment Pollcy and Objectlves
The uncertalnty surrounding future fundlng precluded a long terrn investment pollcy in prevlous year5. Durlng
2018-19, the Trustees Invested part of Its reserves in a Building Soclety deposlt account as a short term investment
and a slmllar amount In the COIF Charltles Investment Fund as a medium to lon8 term Investment whllst retaining
the equlvalent of three month's costs In Its current account as worklng capltal. In 2020-21, the charlty topped up
Its Investments to the maximum covered by the Bank Guarantee and made a further, slmllarly slzed Investment, of
a short temi nature, In a bank deposit account, whilst maintalnlng the equlvalent of three month's COSt5. In 2023-
24, part of the medium to long term Investment was redeemed to provide fund5 to malntain future liquldlty INote
11 in the financial statements refer5)
Golng concern
The or8an15atlon's budget for 2024-25 shows a deficit Position based on current contracted funding. The Trustees
have authorised the use of a consultancy to asslst Sn addresslng the position, through provldlng addltlonal bld
writing capaclty as well as carryin8 Out a review of the charitls existinE bu51ness, organlsatSon and governance. In
the contlnulng dlfflcult economlc climate that is affectlng most small charities, it is posslble that funding may not
be able to be secured golng forward, In whlch case the charlty would have to utilise its reserves, scale down or
cease its activlties. The trustees and staff are fully aware of this, are maklng every effort to source new fundlng
streams and are confident that these can be achleved. The accounts, therefore, have been prepared on a 80in8
concern basls.
Rlsk Management
The director5 have a duty to Identlfy and revlew the rlsks to which the company Is exposed and to ensure
appropriate controls are in place to provlde reasonable assurance against fraud and error. The dlrectors regularly
review the flnancial, business and operational risks which face the organisation and ensure that strategies are in
place to deal wlth them.

Bradford & Dlstrlct Community Empowerment Network Limited
Report of the Trustees/Directors for the year ended 31 March 2024 (convd)
Statement of responslbllities of trustees
Company law requires the trustees to prepare financial statements for each flnanclal year whlch glve a true and falr
view of the state of affairs of the company as at the end of Its financial year and of the surplus or deficlt of the
company for that period. In preparing the financial statements, the trustees are required to:
Select suitable accountancy pollcies and then apply them consistently
Make judgements and estimates that are reasonable and prudent
Prepare the financial statements on the golng concern basi5 unless It Is Inapproprlate to presume
the company will continue In business
The trustees are responsible for keepin8 proper accountlng records whlch disclose with reasonable accuracy at any
tlme the financial position of the company and to enable them to ensure that the flnanclal statements comply with
the Companie5 Act 2006. They are also responsible for safeguarding the asset5 ofthe company and hence for taking
steps for the prevention and detectlon of fraud and other irregularities.
Statement of dlsclosure of Informatlon to Independent examlners
The trustees of the company who held office at the date of approval of thls annual report confirm that:
So far as they are aware, there is no relevant information needed by the compan15 independent
examlners In connectlon wlth the preparation of their report, of whlch the company's Independent
examiners are unaware, and
They have taken all steps that they ou8ht to have taken as trustees in order to make themselves
aware of any relevant Information and to establish that the comp3n¢s independent examlner5 are
aware of this information.
The company has taken advantage of the small companles, exemptlon In preparln8 the report above
The trustees declare that they have approved the Trustees, Report lincludlng Dlrectors, report) above.
Signed on behalf of the charity's trustees/directors
Haslin Hasan- Dlrector/Tru5tee Ichalrl
19th September 2024

BRADFORD & DISTRICT COMMUNITY EMPOWERMENT NETWORK LIMITED
Independent Examlnerfs Report to the dlrectors of Bradford & Dlstrfct Communlty Empowemient Network
Llmlted on accounts far the year ended 31 March 2024
Respectlve responslbllltles of trustees and examlner
The trustees (who are a150 the director5 of the company for the purposes of company law) are responsible for the
preparatlon of the accounts, The charitls trustees consider that an audit is not required for this year under
sectlon 144 of the Charitles Act 2011 (the Charitles Act) and that an independent examinatlon 15 needed. The
charity's gross income exceeded £250,000 and l am qualified to undertake the examlnatlon by belng a qualified
member of Certifled Publlc Accountants Assoclation,
It is my responsibility to:
Examine the accounts under section 14S of the Charitles Act,
Follow the procedures lald down in the general Dlrectlons glven by the Charity Commlssion (under section
14515}{bl of the Charities Act, and to State whether partlcular matters have come to my attention.
Basls of Independent examlnerfs statement
My examination was carrled out In accordance with 8eneral Directions 8iven by the Charlty CommSssion. An
examlnation includes a review of the accountlng records kept by the charity and a comparison of the account5
presented wlth those record5. It also include5 conslderatlon of any unusual Items or dlsclosures Sn the accounts,
and seeklng explanatlons from the trustees concernin8 any such matters. The procedure5 undertaken do not
provide all the evidence that would be requlred In an audlt, and consequently no oplnlon Is glven as to whether
the accounts present a 'true and falrf vlew and the report is limited to those matters set out in the statement
below.
Independent examlnerfs ststement
In connection with my examination, no matter has come to my attention to Indicate that:
Accounting records have not been kept In accordance wlth sectlon 386 of the Companies Act 2006;
The accounts do not accord with such records:
• where accounts are prepared on an accrua15 ba515, whether they fail to comply with relevant accounting
requirements under section 396 of the Companles Act 2006, or are not con5i5tent wlth the Charltie5 SORP
IFRS1021
Any matter whlch the examlner belleves should be drawn to the attention of the reader to galn a proper
undefstandln8 of the accounts.
Abbas & Co Accountants Llmlted
I l Hallfield Road
Bradford
BDI 3RP
19 September2024

BRADFORD & DISTRicf COMMUNITY EMPOWERMENT NETWORK LIMITED
STATEMENT OF FINANCIALACTIVITIES
(Including Income and Expendlture Account)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
Funds
Restrlcted
Funds
Total
2024
Total
2023
Note
Income from
Charltable activlties
Interest received
Other Income
Total Income
42,647
31,531
5,813
79,991
237,160
279,807
31,531
5,813
317,151
536,897
3,388
1,577
541,862
237,160
Expendlture on
Grant payments
Charitable activlties
4,455
232,705
4,455
282,819
1,134
288,408
231,231
299,217
775
50,114
1,134
51,248
Support costs
Total Expendlture
Net income and net
movement in funds
Total funds brought forward
Total funds carrled forward
237,160
531.223
28,743
274,897
303,640
28,743
274.897
10,639
264,258
274,897
303,640
The statement of financial actlvlties includes all gains and losses recognised in the year.
All income 3nd expenditure derive from contlnulng actlvltles.

BRADFORD & DISTRICT COMMUNITY EMPOWERMENT NETWORK LIMITED
BALANCE SHEET
31 MARCH 2024
2024
2023
Notes
Fixed Assets
Tan8ible a55ets
Investment
Current assets
Debtors
10
11
3,526
32,653
4,395
85,000
12
116,243
184,989
23,838
241,645
265 483
Cash at bank and in hand
301232
Creditors: amounts falllng due
wlthin one year
13
33,771
79,981
Net current asset5
267,461
303,640
185,502
274,897
Total net assets
Funds of the charity
Restricted income funds
Unrestrlcted fund5
14
303,640
303,640
274,897
274,897
Total funds
The company was entitled to exemption from audit under sectlon 477 of the Companies Act 2006 relating to
Small companles.
The members have not requlred the company to obtaln an audlt In accordance wlth sectlon 476 of the
Companles Act 2006.
The dlrectors acknowledBe thelr responsibilities for complyin8 With the requirements of the Companie5 Act
2006 with respect to accounting records and the preparation of the accounts, These accounts are prepared In
accordance with the provisions applicable to companles subject to the small companies regime and In
accordance with FRS 102 SORP.
The notes on pages 11 to 18 form part of these accounts
Name: Hazlin Hasan
Chair of Trustees on behalf of the tru5tee5
Approved by the trustees on 19 September 2024
io

BRADFORD & DisTricf COMMUNITY EMPOWERMENT NEfwoRK LIMITED
STATEMENT OF CASH FLOWS
for the year ended 31 March 2024
2024
2023
Cash used In operatlng actlvlties- Note 16
{109,0031
1134,615}
Cash flows from Investlng actlvltles
Purchase of tangible assets
Redemption of investment
{284)
52,347
Cash provlded by (used In) Investlng actlvltles
52,347
{284)
Cash used In financlng actlvltles
Increase Idecreasel In cash or cash equlvalents In the year
Cash and cash equivalents at the beginning of the year
Total cash and cash equivalents at the end of the year
156,6561
241,645
184,989
{109,0031
376,544
241,645
11

BRADFORD & DISTRICT COMMUNITY EMPOWERMENT NEfwoRK LIMITED
NOTESTO THE ACCOUNTS
For the year ended 31 March 2024
l Accountln8 Pollcles
No changes have been made to the accounting policies and accounting estimates initially adopted for the financial
year ended 31 March 2024. No materlal prior year errors have been identlfled in the reporting perlod.
The principal accountlng policies adopted, judgements and key sources of estlmatlon uncertalnty In the preparatlon
cf the financlal statements are as follows:
al Basis of preparatlon
The flnancial statements have been prepared in accordance wlth Accounting and Reporting by Charities: Statement
of Recommended Practice applScable to charities preparing thelr accounts In accordance with the Financlal
ReportlnE Standard applicable in the UK and Republlc of Ireland IFRS 102) li55ued on 16 July 2014)- {Charitie5 SORP
IFRS 10211. with the Flnanclal Reportlng Standard applicable in the UK and Republlc of Ireland (FRS 102) and with
the Charitles Act 2011. Bradford & District Community Empowerment Network Llmlted meets the deflnStion of a
public benefit entity under FRS 102. Assets and Ilabllltle5 are Inltlally recognlsed at hlstorlcal cost or transactlon
value unless otherwise stated in the relevant accounting pollcy notels).
bl Reconciliatlon wlth previous Generally Accepted Accounting Practlce
In preparing the accounts, the trustees have consldered whether In applylng the accounting policies requlred by
FRS 102 and the Charitles SORP FRS 102 the restatement of comparatlve Items was requlred. No restatements
were required.
c) Preparation of the account5 on a going concern basls
Although the company reported a cash outflow of £ for the year, prlnclpally due to a large reductlon In deferred
income, the trustees are of the vlew that the immediate future of the company is secure and on that basis the
company is a going concern.
The ongoing uncertainties applying in the charity sector- the reductions in fundlng avallable to local authorities,
the potentlal economic effect5 of natlonal polltlc31 and economlc deci5ion5 on the availability of future funding and
the consolldatlon wlthln the sector- have been reviewed and quantifled as accurately as Is currently posslble and
action plans have been formulated to mitigate their effects and ensure the securlty of the charlty.
dl Income
Income is recognised when the company has entitlement to the funds, any performance condltions attached to the
itern(51 of incorne have been met, It Is probable that the Income will be received and the amount can be measured
reliablv.
Income from government and other grant5, whether 'capital' grants or 'revenue' grants, Is recognised when the
company has entitlement to the funds, any performance conditions attached to the grants have been met, It is
probable that the income will be received and the amount can be measured reliably and is not deferred.
Income recelved In advance is deferred until the criteria for Income recognitlon are met.
e) Interest recelvable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
company: this Is normally on notification of the interest paid by the Bank.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted
funds are Brants which the grantors have specified are to be solely used for particular areas of the charity's work
or for speclflc activities undertaken by the charity.
12

BRADFORD & DISTRICT COMMUNITY EMPOWERMENT NEfwoRK LIMITE,D
NOTES TO THE ACCOUNTS (convd)
For the year ended 31 March 2024
gl Expendlture and unrecovered VAT
Expenditure Is recognised once there is a legal or constructive obligation to make a payment to a third party, it 15
probable that settlement will be required and the amount of the obligatlon can be measured reliably. Expenditure
on charltable activltles Includes all actlvltles undertaken to further the purp05e5 of the charity and thelr associated
5UPPOrt costs. Irrecoverable VAT Is charged as a cost agalnst the activity for whlch the expenditure was incurred.
h) Operating leases
The company classifies the lease of prlnting and other equlpment as operatlng leases; the title to the equipment
remalns wlth the le550r. Rental charge5 are charged on a straight Ilne basls over the term of the lease.
11 Tanglble flxed a55ets
Individual fixed assets are capltallsed at cost and are depreclated on a reducing balance basls over their estimated
Useful economlc lives on the followlng bases:
Land & Buildin85
Plant & Machinery
15% of reduclng balance
20% of reducing balance
jl Debtors
Trade and other debtors are recognlsed at the net settlement value. Prepayments are valued at the net prepaid
amount,
k) Cash at bank and in hand
Cash at bank and In hand Includes cash and current account balances.
l} Creditors and prov151ons
Credltors and provision5 are recognlsed when the company has a present obllgation resulting from a past event
that will probably result In the transfer of funds to a thlrd party and the amount due to settle the obligation can be
measured or e5tlmated rellably, Creditors and provisions are normally recognised at their net settlement value.
m) Flnancial instruments
The charity has no Pinancial Instruments and financSal liabilities.
n) Transitlon to FRS 102
No restatement of items has been requlred In maklng the transitlon to FRS 102. The transition date was l April
2014.
ol Volunteers
The charity benefits greatly from the involvement and enthu5ia5tic support of many volunteers, detalls of which
are given In the annual report. In accordance wlth FRS 102 and the Charltles SORP IFRS 102), the economic
contribution of 8eneral volunteers is not reco8ni5ed in the accounts.
13

BRADFORD & D15TRicf COMMUNITY EMPOWERMENT NETWORK LIMITED
NOTES TO THE ACCOUNTS (convd)
For the year ended 31 March 2024
Z. Income from charltable actlvltie5
Unrestricted
Fund5
Restricted
Funds
Totsl
2024
Total
2023
Big Local
Health Action12023 NHS Bradford
BYDP
Inspired Nelghbourhoods
Bevan Trust
Mind in Bradford
WY Comblned Authority
West Yorkshlre PCC
12,307
19,737
12,307
21,479
58,060
26,083
3,593
4,000
4,000
62,284
25,405
1,913
351,559
1,742
759
13,364
759
14,764
1,400
Bradford M.B.C
39,S05
190,993
230,498
42,647
237,160
279,807
536,897
3. Other Income
2024
2023
Room Hlre
4. Grant payments
Grant payments are made by the company under commlsslons from external funders
2024
2023
CBMDC- ASB Grants12023- Mental
Health, Growin8 and ASB grants)
4,455
231.231
4,455
231,231
14

BRADFORD & DISTRICT COMMUNITY
EMPOWERMENT NETWORK LIMITED
NOTES TO THE ACCOUNT5 (convd)
For the year ended 31 March 2024
5. Total resources expended
Charitable
activity
Govern-
Total
2024
Total
2023
ance
Direct costs
Wages & Salarles
Staff Training
Project costs
Travel and venue hlre
Rent. rate5 and Insurance
General Expenses
Repairs and maintenance
Telephone
Computer software and maintenance
Prlntlng, postage and stationery
Promotlon and publicity
Accountancy fee5
Consultancy costs
Legal fees
Bank Charge5
Depreclatlon
174,941
389
57,764
3,033
27,960
1,336
1,601
1,177
6,166
2,276
174,941
389
57,764
3,033
27,960
1,336
1,601
1,177
6,166
2,276
187,999
68,457
2,934
24,069
963
968
2,261
5,188
2,166
143
1.940
1.775
3,400
1,775
3,400
900
145
132
132
869
869
1,084
299,217
282,819
282,819
Support costs
Trustee travel relmbursements
54
54
62
Independent examlnerfs and fllin8 fees
1,080
1,134
1,134
1,080
1,134
283,953
232,705
713
775
299.992
282,819
232,705
Restrlcted resources expended
259.227
Unrestricted resources expended
50,114
1,134
51,248
40.765
282,814
1,134
283,953
299,992
6. Trustees remuneratlon
Expense5 were reimbursed to I trustee during the year amountlng to £54 (2023- 1 trustee £621.
7. Total expenditure
Total expenditure includes the following item5:
2024
2023
Independent examlnee5 and filing fees
1,080
713
Depreciation of owned assets
869
15

BRADFORD & DISTRicf COMMUNITY EMPOWERMENT NETWORK LIMITED
NOTES TO THE ACCOUNTS (convd)
For the year ended 31 March 2024
8. Employees remuneratlon
During the year the company operated a money purchase pension scheme through 5cottlsh Equitable.
Employees contract directly with the insurance company. The company makes a contribution of 5.5% of
salary. One employee was a member of the scheme throughout 2023-2412022-23- one). During the year,
the company also operdted a money purchase penslon wlth NEST to all employee5 quallfylng for automatlc
Enrolment. There are five member5 of the Scheme (2022-2023- flvel. The company makes contfibutlons
In line wlth statutory rates {3% from l April 2019).
The average number of employees durlng the year was..
2024
Nos.
2023
Nos.
Charitable activities
staff costs for the year were:
2024
2023
Wages and salaries
Social securlty costs
Penslon costs
Staff health scheme
160,360
9,458
4,626
497
171,912
10,940
4,398
749
174,941
187,999
No employee recelved employee beneflts lexcludlng employer penslon costs) for the reportlng perlod of more
rhan £60,000. The Chlef Executlve officer and the Development Manager are deemed the senior employee5 of the
company and their combined employee benefits for the year were £88,26112022-23 £89,995)
9. Taxatlon
The company is exempt from tax on income and gains falling wlthln sectlon 505 of the Taxes Act 1988 or sectlon
252 of the Taxatlon of Chargeable GaSn5 Act 1992 to the extent that these are applied to its charitable obJects.
16

BRADFORD & DISTRICT COMMUNITY EMPOWERMENT NETWORK LIMITED
NOTES TO THE ACCOUNTS (convd)
for the year ended 31 March 2024
10. Tanglble flxed assets
Land &
Plant &
Machlnery
8ulldln8S
Total
Cost
As at April 2023
Additions for the year
As at 31 March 2024
Depreclatlon
As at April 2023
Charge for the year
As at 31 March 2024
853
23,609
24,462
853
23,609
24,462
655
30
685
19,412
839
20,251
20,067
869
20,936
Net Book Value
A5 at 31 March 2024
168
3,358
4,197
3,526
4,395
As at 31 March 2023
198
11. Investment
The charlty holds 189.9112023- 494.351 Accumulatlon Unlts In the COIF Charities Investment Fund as a medlum to lon8
term investment. During the year, 304.44 unit5 were sold to provlde funding for the charlty In future years. The market vali
at 31 March 2024 was £47,98412023 - £113,166).
12. Debtors
2024
2023
Income due
116 243
13. Credltors: amounts falllng due wlthin one year
2024
2023
Accruals and deferred Income
33,771
79.981
17

BRADFORD & D15TRicf COMMUNITY EMPOWERMENT NETWORK LIMITED
NOTES TO THE ACCOUNTS {conVd)
for the year ended 31 March 2024
14. Analysls of funds
Ati
Incomlng
re50urce5
Resources
At31
Apr-23
expended
Mar-24
General funds
Unrestricted income fund
Restrlcted funds
Bi8 Local
Health Actlon
Bradford Councll
Mlnd in Bradford
West Yorkshlre Combined Authorlty
Total restrlcted funds
274,897
79,991
-51,248
303,640
12,307
19,737
190,993
759
13,364
237,160
317,151
-12,307
-19,737
-190,993
-759
-13,364
-237,160
-288,408
Total funds
274,897
303,640
15. Analy515 of net assets between funds
Unrestrl¢ted
Funds
Total
2024
Total
2023
Tanglble assets
Investment
Current asset5
Creditor5: amount5 falllng due within one
year
Net assets
3,526
32,653
301,232
3,526
32,653
301,232
4,395
85,000
265,483
{33,7711
303,640
{33,771
303,640
(79,9811
274,897
16. Reconclllatlon of net movement in fvnds to net cash flow from operatlng actlvltle5
ZOZ4
2023
Net movements on funds
Add back depreciation charge
Ilncreaselldecrease in debtors
Increase/ldecrease) in credltors
Net cash used in operatlng actlvltle5
28,743
869
(92,4051
(46.2101
1109,0031
10,639
1,084
117,9591
{128,3791
{134,6151
18

17. Member5, Ilablllty
Bradford & Dlstrlct Community Empowerment Network Limited is a company limited by guarantee and ha5 no
share capital. In the event of the charity being wound up. the liabllity of the guarantee is Ilmlted to £1 per
member of the charity.
19