REGISTERED COMPANY NUMBEIL. I142373 IEnglAnd lwd Walts) REGISTERED CEL4RITY NUMBER: 1138142 Tt Unaudit Financi iatemen Year nded 31 March 1024 lade5 cia ro Litnited b Guarantec dco Thompson je5 Businw Solution5 Limifyl 2 Heap Bridge Bury taDcashirc BL97HR
Imar 24 Page Tn]stees' Rwn lttd¢pendent Examinerfs Report Statement of Financial Activiti4S Balan Sheet 10 to 11 Notes to the Fit)ancial Stst¢ments 12 to 18
Assttiatio omm Year E 3JM& h 2024 The tsust¢&s who also directols of the charity for th¢ puposes of the Companies Act 2006, present their the financiwl strt¢ments of the charity for th¢ yw ended 31 March 2024. The tNs¢eu have adopted th¢ pmisions of Accounting and RetK)rting by Chariues.. Stat¢m¢nt of Recommended Pra¢ti¢e applicable to ¢harities pr¢parin8 their accounts in a¢ with the Financial Reporting Stsndard applscable in the UK and Republic of Ireland (FRS 102) (¢ffeLtiY¢ I January 2019). CHARrrY's MISSION AND OWECTtVLS The charitys mi&8ion 1$ to promot¢ the welfare And wellbeityg of the deprived and disadvonts8tsJ communities within Rochdale wthout distllKtion of race. colour, ¢thcIty. gender or Yicws held such as p)litical, religious orother. The key charitsbl¢ objectives of the organization ar¢.. • Providit)g welfare advice, inforination, ond support s¢ryices * FacilitatinB ESOL, IT learning ond other vocaiional training . Providing administrative, IT and Job Club support • Ptofftoiit)8 active #gein8 through day ¢are facilities and activiti¢S for thc elderly • Pro]notin8 healthy, active lifestyles providing gender specific fith¢ss faciliti¢S • Promoting and facilitating positive ehildtcrt andyouth a¢tiviues . Promoting ¢ommwiitycohe8ion by c¢lebTating cultur41 diversity and cncouragingrn¢thl hartnotty . Fosterin8 a >sItiVe outlix& by ¢n8ag young phe. wtsmen and the ¢ld¢rly LD prcductive a¢tiviti¢s. ENSURING THE WORK DELIVERS THE CHARrrY's AIMS AND OWECTIVES The tHanJg¢ment committ¢e meets regularly during th¢ year ro r¢view, Vide and dire£t the work of the (wnization. The major servic¢ ar¢as are closely monitored by the offiex bea[$, who inform th¢ full committee of the activities, issu ¢hall¢n8e5 and 0p>rtLMlti¢s. This govemart¢¢ 3Cture seeks to cnsur¢ that the Se1¢eS and the activities ¢anied out by the ¢irity are in kttping with Its obje¢tives 2nd 5Ètisfics the need8 of the Community to deliver its overall mission. In partKcular, th tnJsteC5 tefer to th¢ guidance contained in the Charity Ctinmiis510n's genernl gUidCe on public bEnefit when ¢onsidcring how pianfted a¢tiviti&% will wntribut¢ to the Charity objectives at ahrTh8. Pag¢ I
iation Trustees. R¢wrt l March 2 HOW OUR ACTivrrIES DELIVER PUBLIC BENEFIT The key beneficiaries of ow work are the e4)mmunities in the Ca1)Ment that w¢ savc. Predomittant(y but not ¢xcI1VeIy. our 8¢r5 come fM the lthal Bangladeshi, Pth'staDi and the K25htnin communities. however. the Equality Policy that we abide by ensures that no d&%ffving individual is dÉscriminat>l against. Our focus h&$ been on all ag¢ 8roup5 above 5, a ix)th men atld wom¢o. Our servi¢¢ users cotnc from all over the rOUgh of Rochdal¢. Additionally, we have started to digits]ly ls1 individya]s from other pa of th¢ county ttkrough telephone appTrintmen¢S &8 a triage paitixr with WAD and HMCTS. The Adiryc< Inf0mtiOn And Guidance service is wimarily takcn up by the people for whom Engltsh is not thcir fLt5t longuage and thos¢ who la¢k th¢ knowIge or the confid¢nK of dealing with the authorities otL the owm. Basides addressing the ¢otWInr andwelf2re ri8hts issues, the service aL%o help5 with forni fi51ing. The day car¢ service tjxgds th¢ elderly and wjnetable adults, both tMl¢ and femal¢. by orthting gerth spe¢ifi¢ w¢llbeing da. Thc fittw Servi likwix, run 8ender specific 5essioDS and th¢ main benefi¢iari¢8 have been the eom[llUDits Asian women who baUSe of their r¢ligiO8 and cultur&l sensitivities. g¢n¢rally, avoid ujixed Biryn. (Tr gym is curretttly d05ed due to on-80ing consttu¢tion). The leamin8 and training 8ervi¢¢ fo¢u8¢s on th¢ n¢eds of th¢ cOMntry by faCilitatU ESOL, n. other Yo¢atiODal clas5 aDd weekend homework ¢lub. The w¢ekend youth ¢lub fwJs¢s on the developTrt of th¢ ¢hiLdt¢n and youth throu fjJD and enrichiD8 STEAM &tivitie8. As a licensed provider of the Duke of Edinburgh Awards prograe. w¢ benefit thc IIKal youths from disadvantsg¢d ba¢k8round in acquirin8Cn1a[ lif¢ skills to h¢lp them navigatewith ronfidence in &dult life. Similarly, the variou5 &1-hoc proje¢ts are all d¢signcd bcn¢fil thc rwetlive StionS of the ¢otnmunity. The eentre being Iwatcd at th¢ heart of th¢ ¢ommunity allows easy acce55 (O the wups aT the l¢Kal C0munitieS to me¢t. discu, con$ult and rwi #¢iivities. W¢ also for8e pattrashi% with other ¢baritable at)d ¢orpor4t¢ or8anitstions to bn'n8 in s¢ryi¢es tha¢ bwefit thc communiiies. Page 2
Year E 31M ACHtEVEMENT AND PERFORMANCE REVIEW OF PROGRE&S AND ACHIEVEMEf*YS Th¢ most notable achLevcment for the year wa5 th¢ re¢ogllition of the cad¢0cP partrShiP. The BACP Cadent Centr¢ for Wam)th pmject nomillat for an award Third sects Bu8irtess Chan'ty AwaT&% held in May 2024. BACP Centre for Wamith ¢am¢ runner up behind Sky {with partsler Ag¢ UK Age Seotland. Age Cymru and Ag¢ Nl) in th¢ Community Impact Catrgory. On the backdrop of this success, the parthe45hip with Cadent been ¢xtended for another ycar to May 2025. We were a]so successful IA altracting fvnding for running HAF {Holid&y Activity and FootLsl rff¢wamme thJritt8 simmier atMI wint¢r s¢hool holidays. The building extension work w&s irt pro&8. To a¢¢ommodatr th¢ ¢onsIntiOn work. howevcr, some rcsulaJ seryi¢es, Were kept on hold. The total foorfall recorded durin8 the year, exupt thos¢ r¢118 to cxt¢mal iwkiD8S. Was 6943, & klow.. Advice. InfomNiion & Guid4tt¢e Service 1255 Women'5 Wellbeing Group DOFE Sessional a¢tivites Talk English H1th Talks Arabic Cla&% ITIDi8ital Servic&Job Se4rch FTidayG¢t To8eth¢r Saturday Youth Club Sunday STEAM Club HAF(Holiday. A¢tiviti¢s & Fd8) Homework Club S(KialisatioD {non4Jay cafe days) Con)munity Event&lActiviti¢S 665 253 131 128 689 728 554 167 746 FINANCIAL REVIEW The charity plalls its bL8e1 at th¢ beginning of the year io ¢nsure it maintains its s¢fvLces to th¢ commwiity. This year ended with a surplLL8 itl the income expetldituw aourt1 of £289.644, 0( whi¢h £272.707 w&8 5P6TLt on the buildi08 improvements shown in note 10. The net swplu5 being £14.422 utir£skncted and Q515 restricted. (1023 Surylus £208,845 of whi¢h £l53.801 was spent on bw"Iding improvcm¢nts). The mw¢ment of the ¢xisting fimd8 and Tesourcts ntinUed to b¢ rd)USL in¢luding ¢&8h in th¢ bank whi¢h showed os £224,486 at the ¢nd of thc year (in compari50rt to £205,877 the previous ycar). ortd the OFa&tion $ize4ble back up of free ]tseTrYs anyullforcseen ¢iJrumstSJLees. P8ge 3
ladesh Andc TnLStees' R for the Year Ended 31 M 24 - Wwk to change the organi72tional Structure to Cto IChari¢able tn¢o4xTrrdted Orwus8tion) from the ¢utr¢nt Cowi& LitDit¢d by Guarantee. to be vISid and re-ptopos¢dto tb¢ general nmb¢r$hip for approval. . New fullding (wrnwities. from th¢ ¢haritablc atmj the corporate seclw. will eotitinu¢ to be exploted in onlef to ensure suwithility in th¢ fa¢¢ of a continued risk of reductt.onlelimln1OTr of the o)r¢ fijnding. - Ncw scrvie&xliYities to be explored in cotbsul¢arion the cvmmunity to reap the mLxirnum b¢rtefit from the tthv ¢xtcThsion. We'll a¢tiv¢ly explore to BACP iDto a¢onJmunity hub sid¢ by side offering own services. . The IT iThfrastrucbJre aT¥J organi7Ational capacity will bc 5tr¢ng¢hened. - The maTk¢ting and social maia presffice will strength¢ned to raise theprofile of the oiganisation. - A new thtiLristic1080 for the OTganisation to signal change, mtylernity and diversity will k actively explorr3L - The ¢xi5tsng building will upgraded in of energy ¢tYJciaKy options ond extern facelili - Effortwill eontinue on Tecniiting a Jnorc divcrsifiedboard in tern of skills. exp¢ri¢nv, 8ender atKI a8e. - PretAfdtory work to stsrtto wri the n&Kt 3-ye8r business plan forthr organisation. STRucfuRE GOVERNANCE AND MAI¥AGEMENT Gov¢rnln8 do¢uttbeDt Th¢ CIlty is a company limita by guarnDtee and i8 gov¢mryl by its MeMorarum and Articles of Association dated 19 June 2land subs¢quent approved am¢ndnMts. li is registered as a charity with the Charity Commission. The membership of th¢ or8anization is op¢n to all roidents of Roehdale of Bangladeshi origin. T¢ servic% of th¢ orgatlization, how¢ver, are open to all and is in no way limiied to its members only. BACP adheres to th¢ Equality Policy aDd serv¢5 911 ¢h¢ eommunitscs within iL8 reath who fonn the ben¢ficiarie5 of th¢ ¢harity. Thc Btsard has the power io make bye laws and rules governing the affairs of the djarity. The membe, in general m¢eti may alteror ap1 such Nl¢s and bye laws. Th¢ m¢mb¢]s of the Company agtt¢ to C4)ntri a sum not exceeding £1 in the ¢vent of charity being wThd up. With a view to effcctively govem, the 8eneJxl members during the elections of the ix)ard of trustees, Jlso elect the Offiee B¢8ttrs - thc Chair, Vi¢¢ Chair. G¢o¢d Secretsry and the Treasurer. The offiee beareTS mainLqin 8 ¢11)s¢ link with the ¢¢ntre management ¢0 oversee owation. Its additior4 the Board cle¢ts SU1 ¢ommittee& where nectssary, for the effediv¢ n11[011ng of differcnt s¢rvi¢¢s and a150 to take the Icad on its behalf ott mattets relating to th¢ services to ¢U[e the bcst tn¢ffest of theben¢fi¢iaries. APPOIPTtMENf OF DIREcfoiL8 AND TRUSTEES Th¢ DiTectOT5. who are the Tnjstees. are appointed by th¢ members in th¢ generdl medin8 every thd year and are collectively knowth &8 the Board The cutsent board of w&8 elccted wioppithl and approved at the AGM held on 30th October 2016. NoTtHal¢y was (h'swupia during the li8 Covid -19 crigis and th¢ IMdiate aftemth and the current board ¢OntinU in operdtion with ihe approval of the general members the AGM 012021. In the AGM of 2022, the existing lJ)ard wds allowed to continuc till the cortstn]ction of the buildin¥ exl¢Dsion was complcd. The buildillg work is still in pro8T¢SS. The Truste¢s who servol during th¢ year are listul OD page 5. Page4
forthe l Matcll ORGANISATION The Board. which no¢ b¢ than three me[nrS attd not more than fifteen, admint$ters the charity and meets AS n¢¢¢ssary, usually 6 to 8 times duTing the year. Bcsides the offjce bearers and the 5ub-¢OMttee$. th¢ Board also, ocwiottally, Sets up ad-hoc working grou to look at specifi¢ matters if athd wbenTJ¢¢¢ssary and to r¢port back The day ¢0 day operatiDD of th¢ charity is the respottsibility of the Centr¢ Mona8er, to whom the Tn(8 delegate authority ror (walionai matter5 In¢]]ng fLnaIK¢, employmeni and developmenL within the ovcrall strate8y agre*l by the Board. TRUSTEE INDucfIoN AND TRAINING The Otg8ti]ti¢)n has a process for the induction of th¢ mcmbeg%. of the Boord of Directots. RISKMANAGEMENT The Ttustres have urtder takcrt a revi¢w of the tnaj£Y risks to whi¢h thc chan.ty 1$ ¢xposed 8t syst¢ms have been ¢stablish¢d to mitigate those risks. Peri¢xii¢ reviews w¢ made to ensur¢ that the charity ntinUeS to identify aT¥J mitigate major risk that may arise. Th¢ major financial risks facing the charity arise in cotmection with.. - the un¢ertaiDty abwt the corLtinuation of funding by th¢ ¢or¢ funder, kh(la1¢ Borough Council. due to their own cost savitlg pursuits.; - the short l¢mi nature of project fi]nding; the clwl'ty Tn&y )lso faee cotttinuing OTganisation41 ¢hallen8cs in ali8ning its resources w net the requirem of its servi¢e lIoTs, whilst tnaiTLtaining its financial viability. REFERENCE Af4D ADMtNisfRATIVE DETAILS Reglstered CoDwally number 04237330 {EngJand attd Walcs) Regi5tertd ChATity numl 1138142 Reglst¢red offlce 108 Eiarnsay Strcet Rochdale OL162EZ Trnsttts Shek Mobamllled Kayrnl Aiam Fozor Ali FaDJk Ali Mohammcd Abdul B&sith Mrs F¢rdou5y CtK>wdlllLry {appointed416Q023) Syed Jamal Hsai Dr Musharr2f Huwin (2PtX)Lntryl 41612023) SY( SoTkum l$18m Abu] Kxlam A7m Mahbthil Aiam Khan (awointed 41612023) Suhel Miah Sakon Miah lam Saiful Siddique Page 5
Ttuste¢s' Re f rth¢Y¢ 31M REFERENCE ADMINISTBATIVE DETAILS Comp2Ny Secretary Azrn Mahbubul Aiarn Kho Ind¢pendent Exmln¢r Mrs J Roa¢h Thompson Jones Business SolutioThs Lifflited 2 Heap Bridge Bury BL9 7HR DIRECTOR'S RESPONSIBILrriES The trust¢¢s and directors for the purposes of Company law, pr¢sent their annual rwrt and tk unauth"t¢d financial ststements of th¢ charity for the year ended 31 March 2024. The Bogrd have adopt•J the provision of the Charities SORP (FRS 102) - AccountLn8 and RertIng by alities.. Ststem¢rtt ofReeOJ¢TIdtd praetice applicabl¢ in the UK and Republic of Ireland (eff¥¢ l January 2015, inLluding upjate bulld1 on 2 FebTuary 2016 and 5 OctrAxr 2018) irt prepalillg th¢ repth and fllwlcial $latements of the Charity. The accounts have becn prtywl in accordan¢e with the CMipanies A¢¢ 2(K)6. The In (Ntho are also directots of Ban8lade5h Asswiation and ComrnuDity Pmjttt - BACP) for th¢ purpose8 of ¢ompany law) are restK>nsible for prewin¥ the Trustee5' R¢tx)rt and the financial 5tatem¢nts in accordance with aHbli¢able law and UtLid KJn8dom A¢¢ountirLg Standatds (United Kingdom GeTLernlly Accepted AccvJntin8 Pra¢tice) aTMI with the provision for small companie5. Cornpay law r¢quties the truste¢s to prepare financial statements for each financial year wbich give a tru¢ and fair view of the statc ofaffaits of the chaTitabl¢ ¢omp&ny ld of the incomin8 resou¢$ alICation of r&8ource In prcporiD8 the financial st&t¢menty the diredors required to.. * s¢lrft5Uitabk a¢couDting policies andthen applythem cot)sistentiy; • obs¢nT¢ th¢ meth(wJs and prI1p[eS in the Charities SORP. • Jnak¢ judgements and esiimatcs that •re reasoDabl¢ and prudent; • stat¢ wbether applicable a¢c4)UDtiDg standards hav¢ becn followed, subJ'e¢t to any Inateri depwtyres disclosed and ¢xplained Én the finaneial ststem¢nis: . prepare the fitwi¢ial stat¢m¢nt$ on the going conccm basis unless it is inappwte to ptrsuttle that the elwity will cotitinu¢ inbusilltss. The tru5t¢¢s ar¢ r¢sponsibl¢ for keeping proper accounting recor(ts which disclose with teamable ¢UracY at at)y ti]ne th¢ f3claI [SItion of th¢ ctlariry and which enable them to eD5ur¢ that the firthncial 5ratem¢nts c(lpIY Compani¢s Act 21)06. They are also t¢stA)nsible for safeguwding the 95s¢ts of thc charitsble company 9md h¢n¢¢ for tsking rea501bI¢ stcps for the prevention and dettion of fraud and other regularIti. In so faras the trustees atkl directots ar¢ aware.. • ibere is JM) relevant audit inf0mtion ofwhich the charilable company's auditors are unawe. and • the tntstees It directors have tsken ail st¢p$ that they ought to have tsken to make themsdves awatt ofaTJy r¢l¢vant awlit ittfornation and to es¢ablishthat th¢ •Itor is aware of tha¢ infomi*ti. Page 6
e5h Association And C ni Trustces, Re for the Ycar Ended 31 March 2021 The repon of the members of the board were Approved by the Board on .......... .. . behalf .. and signed on their Muhammad Muhib r Rahman. Trustee Page 7
t Examitl esh Associal Indeptndent ¢xamlDer's report to the trnsQ¢¢5 0(Bangl¥desh A550clatlon And COMMnIty Projrtt fthe Cowpany,) I r¢1 to th¢ ¢harity L)wiee5 on my examination of the accounts of the Company for the yeAretMlcd 31 March 2024. Responslbllltle5 and basls of report As the charity's tre¢S of the Compat)y land also its dityctors for the purposes of wmpany lawl you are reS[rf)jb1e for the prepmtioD of the accounts in ordanCe with the requir¢ments of the Companies A¢¢ 2(K16 ('the 2006 Arfl. Havins satisfled tnyself the accounts of th¢ Company are not wuired to be audited und¢r Part 16 of the 2006 A¢¢ And ar¢ ¢li8ible for indep¢nden¢ ¢xamiDation, I r¢pDrt itl reSpt of my examination of your charitys accounts carried out under Section 145 of the Charities Atl 2011 Cthe 2011 Act'l. tn carryitlg out my examination I hav¢ followed the Dir¢¢tior)s 8ivcn by the Chatity Commi&sion under SeAiott 145(51 (b) of the 2011 ACL Independent examltt¢Vs $tstemeDt Sinc¢ your charitys gross income exceeded £250,1)(M) your examiner rn¢ bc a mcmber of 8 listed btyjy. I can that I am qualified to UDdertske the exaujination E¢eaus¢ l om a member of the Iwtitute of Ctwiered Accoutttants in England and Wales, which i$one of the listed di¢s. I have completed my examinatioo l eonfirtll tbJt no matters have com¢ to my attetttion itt Connection with th¢ ¢xaminatio givingme ¢awe to bckneve.. 8cCOuntmgrrd8 were not kept in r¢4K¢t of the Compatty a8 rquircd by stion 386 of the 2006 A¢. or the accounts do not 2ccord with tknsc rt¢ords', or the accounts do not Comply with tlle accoutiting requirementg of S¢ction 396 of th¢ 2006 kn oth¢r than any rwiremcnt that the ac£ow)ts give a true and fair view which is not a malter cotlsidva as part of an ind¢pmdent ¢xaminaiion,' or th¢ a¢¢ounts have not been prqwed in accord2[e with the method8 and pritt¢ipl¢s of the Stat¢ment of Recolnm¢nd Practice for accounting and reporting by charities {appli¢able to chan'ties pepAring their accounts in a¢cordancc with the Financial Rqjorting Stsndard applicable in th¢ UKand Roubli¢ of IrelandlFRS 102)). I have no concerns atKI have come across other matters in Cotlltion with the ¢xaminatioTh wbieh attention should be drawn in this T¢rt ith order to en8ble aproper understanding of the aecoulltsto be reached. Mrs J Roach Thomp50n Jones Bs&eSS Solutiolls Limit¢d 2 Heap Bndgc tancashire BL9 7HR Pag¢ 8
Ban ocia S¢ellt of_Fin an IncorD Year Ended ial Activiti d Ex endim arch 2024 for 21)24 Total futtds 21123 Total fun Unr¥trlcted R¢strkted (und fund INCOME AND ENDOWMENfs FROM GrnDts )ddoatiOnS 113.8 275222 389,022 270,522 Charite actiTrTties Gym. rwm hirc & rcnt 18,533 18,533 17.666 Other income 2.838 2,838 Tot41 135.171 275.222 410.393 289.182 Charitsble tIvItIeS TNL COn)mltyFUTId Support w$ts Action Together 705 76,Wl 118,572 118,572 2.177 2,177 2.031 120.749 120.749 80J37 NET JNCOME 14.422 275222 289,644 208.845 RECONCILIATION OF FUNDS Total fijnds btY)ught forward s,024 587,834 747,858 539,013 TOTAL FUNDS CARRIED FORWARD 174.446 863.056 1.037,502 747858 CONTINUThG OPERATIONS All Trthcome ottd expenditu has arisen from ¢oJJtinuin8 athiviiies. Tr n(rte5 fonn part of thcse finon¢ial S¢ents Page 9
A58wiatioA Balance Sheet 31 Mareh 2024 21124 Tot#1 nd 2023 Totsl funds Unre5tr1eted Restrlcted fund ASSUS io 820,521 820521 548258 CURRENf ASSETS Debtors C&sh at bank 3.297 181.951 3297 224,486 5.473 205,877 42,535 185.248 42,535 227.783 211J50 CREDITORS Amounts falliD8 duewithitt one y 12 {10.8021 (10,802) (11.750) CURRENT ASSETS 174.446 42.535 216,981 I99.6} TOTAL A&SETS LESS CURRENT LIABILITIES 174.446 863,056 1,037,502 741.858 NET A&SETS 174.446 863,056 1,037,$02 747,858 FUNDS Unrestri¢1 fimits Rcstri¢ted futt 14 174,446 863,056 If.024 587.834 TOTAL FUNDS L.037.502 747.858 The charitsble compbny is entitled to exwtion from audit d¢r SectioD 477 of th¢ CornpsDies Art 21X)6 for the year ettd 31 Marth 2024. The members have not rffjuirtil the wnpany tts obtain an audit of i¢S fin8ttcial sratements for the ye entsj 31 MCh 21)24 in a¢¢ordance with Strtion 476 ofthc Compani¢8 Act 2006. The trustecs ackn)owl¢dge their rryowibiiiti&g for {a) ensuritig that the C11t#bI¢ company kew a¢¢oullting r)rdS that cotnply Wbth Sectiottg 386 and 387 of the Comwdnies Act 2006 and preparing fuJanrio1 statemeThts which ve a truc and fair vi¢w of the state of affaits of the charitabl¢ ¢ompany as at th¢ ¢rtd of each fjnantial and of its surplus or deficit for each financial year in a¢¢ordance with th¢ Jwuiremcnts ofscctions 394 and 395 and which othenvise ci)mply 7th the requiTements of the Companies Act 2(H)6 relating to financvdl sttement& so far as applie8bl¢ to the ¢Iltable company. (b) The notes forni part of the firtancial statemts Page 10 ColltinuJ...
Ban ladesh A&%ociation Communi Bal8nce Sheet- continued 31 Mawh 2024 Thegc financial statements have been prcpartd in accord8nce with the provisions applicable to ¢haritable c4)]npani¢s subject to the Sm1 cornpanie5 regime. The financial Statements were approved by the Board of Trust¢¢s and authori5ed for issue on and were signed on behallby.. muham Muhibur Rahman-'ITUStee Th¢ notes fomi part of these financial statements Pagell
Now the Finall¢t StatCnEents for the Y Ethded 31 March 2024 AccouTrfnNG POLICIES BASIS OF PREPARING THE FINAf4CIAL STATEMENTS Th¢ fmancial sta1ernts of th¢ chan"¢able Mpany. Trthich L5 a public benefit entity U[tr FRS 102. have been prepared in g¢¢ordance with the Charities SORP IFRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Pts¢tice applicable to elwities ptPaTirtg their ac£ounts in aceordartce with the Financial Rqtsg Standard applicable irt th¢ UK and Rq)ublic of Irelartd (FRS 1021 (effective l January 2019)., Finonn81 RetortiDg Standard 102 Tr Firtartcial Rew>rting Stmdard appliuble in th¢ UK and Republic of Ir¢tand' and th¢ Companies A¢t 21Kkn. The fitWLcid Ststerneuts have been PT¢par•l under the hi*ori¢al wst ¢ottvelltion. tNCOMITr4G RESOURCES GTIts are creditcd to tev¢nue on a recciYabl¢ basis. All ittcome is recoLSed oncc th¢ ¢lwity entitlement the income. 1¢ 15 probable that the income will bc received, attd th¢ amount of i1)me rec¢ivable w t¢ [neasUrj T¢liably. Restricted ffimds are to be used for specified purwses as I"d by the donor. ExFtndittw¢ which meets thes¢ iteria'8 is identified to the fillJ(L togeth¢r with a fair allou¢ion of OV¢eldS and support cosrs. Utw¢styi¢t¢d fiLnd% are donat20tLS atld oth¢r irt¢oti)ing resources received or genttated for charttable prllpo8¢S. RESOURCES EXPENDED All cxpenditurc L5 aceountrd for on an accruals basis. All exp¢ns¢8 in¢ludiDg support ¢osts 8nd governaDce costs a allOted oraPrtiontd appli¢abl¢ ¢xp¢ndillLre headings. Liabili¢i¢s ate reLsed &s expenditur¢ as SQDn a8 there is a legal OT constrtive obligation committing the ¢lwity to that CAdit¢, it is probable that settlcm¢nt will be required and the amowit for the obligation can be me&sured reliably. TANGIBLE FLXED DepTlattOn ftsprovid¢d gt th¢ followiDg anDual rak8 iti order to writeoff ea¢h &ss¢t over its e5tinJatcd lif¢. Gym & Gym Equipment Furnitu & Offi¢¢ Equipment 21Y/o on reducing balance on reducti balan¢¢ TAXATtON The ¢h8rity 18 exempt from tax on in¢om¢ and gains falling within chapter 3 of part I l of the CtiOn Tax Act 2010 or 5¢ction 256 of the Tati0Th of Chargeable Gains Act 1992 to the extent th¢s¢ are applied to its ¢h8ritsble objects. No ch¥¢$ have arisen irl th¢ charity. FUND ACCOUNfiNG Utlstricted funds ¢art b¢ wed in actQTdance the charitable obj¢¢uve6 ot the disclon of the tret&. Restii¢ted fimds can only be used for particullr restricted putposcs withit) th¢ objects of the charity. R¢strictiOLL¥ arlsewh sp¢¢ifid by the th)nor or when are rdi5ed fDI paniculat restri¢tyl pur[x)s. Funlherexplanation of th¢ n2ts]re and purpose of each fund is iucluded in the notes io the 5thtements. Page 12 eorttitiu¢d...
lades And Notc5 to taicmcnts- continued 24 GRANfs AND DONATIONS 2024 2023 15.( 15,IYK 1,200 153.071 A¢tion To8ether TNL Community Fund Cad¢nt Centre For Wamrth Dottations HAF Proj¢¢i Yi)uth Fwidets DOFE Avlard Pwjert liochdalt Towtiship Capiral Proj 235.750 98.8(M) 51M) 15.173 6,)0 8.895 389,022 270,522 INCOME FROM CHARITABLE AcvivrfiES 2024 2023 15 13.479 2,082 124 14,754 2,053 735 Rth)m Hire & Rent Commuttity Admin Setvic¢ We Are Digital Seryic¢ Other Inrne Fundraising Donatie 986 810 65 18,533 17,666 CHARITABLE ACTIVITIES COSTS Support costs (*e note 6) Costs Is ttote S) Tathl$ SUprtlsts Gov¢rnancc costs Il8,572 118572 2.177 2.177 18,572 2,177 120.749 Page 13 coniinue¢l..
Notrs to the Fitwi forthey iat Statements- ed 31 March DIREcf COSTS OF CHARITABLE ACTivrriLS 2024 2023 Sraff Costs Payroll Cos¢8 InsuTAnce Ligh¢ heal Tclcphone Postage and stationery Cie8nin8 Sunthi£8 W8t¢r 78,937 365 2,078 7,397 317 1,025 1,032 1,010 738 1,424 319 2,689 2.854 17.784 159 66,060 325 1,729 3.422 360 603 45 515 856 715 IT Costs Events Ad Hoc Projects TV & Music Licence ,725 427 321 159 555 I l8,572 78,306 SUPPORT cosrs 2024 2023 Artouthtsn¢y Fees CompaTLie5 House Bank Charges 34 199 13 218 2.177 2,031 NET INCOMFJ(EXPEI4DrruRE N¢t in¢omd(exp¢ndittwe) stated After¢hn81{LTtoItittg).. 21124 201) Dyeciation. OFrna 555 Page 14
Notes to thc FinaDsial Staiements- cot)tinued f¢x the Year ETthd 31 Mardj 2024 TRUSTEES, REMUNERATION AfiD BENEFITS There were no th1¢¢$. rwnun¢rdtion or other benefits for th¢ year ¢nded 31 Marctl 2024 nor for the year end 31 March 2023. TRusfEES' EXPENSES There were no trwtees, ¢xp¢nse8 paid for the year ended 31 Mat¢h 2024 nor for the ye4rended 31 March 2023. STAFF COSTS 2024 2023 Wagas and salaries 78,937 78.937 66.060 Th¢ average monthly numlxrof employees dIng th¢ ytrdr w&8 &s follows.. 2024 2023 No employ$ re¢eived ¢moluments in exce&% of £60,0. TANGIBLE FtXED ASSETS FurDlture & Offite Equipment Freethold propttty Gym&Gy Equfybmemt COST At l April 2023 Additio 554,042 272.71)7 31.156 I,158 586.356 272,707 At 31 Marth 2024 826,749 31,156 1.158 859,063 DEPRECIATION At l Apnl 2023 Charye for year 8,005 29.014 428 38,098 16 At 31 Marth 2024 8.5 29.442 I,095 38,542 NET BOOK VALUE At 31 March 2024 818,744 1.714 63 820,521 At 31 Mor¢h 2023 546.037 2,142 79 548,258 Pag¢ 15 contitiued...
iati Notes 10 the Financial Stam forth¢yE l M h2024 - continued DEBTORS: AMOUNTS FALLING DUE wmiIN ONE YEAR 2024 2O2J Trade d¢Mors Ptepayments and AccnThl Incom¢ ,270 2,027 3,599 1,874 3,297 5,473 12. CREDrroRS: AMOUNTS FALUNGDUE WtTHtN OP4E YEAR 2023 Bank loans and ovttthafts (se¢ note 13) Other crojiiors 1.050 2.251 7.500 4,250 7.500 Defetred IncoTtLe 10,802 11,750 13. LOANS Att analysis (pf th¢ matsity of loans is givcn bekiw.. 2024 2023 Amounts falling due within one year ot) demand.. Bankoverdrafts 14. MOVEMENT IN FUNDS Net movenn¢ At 1.423 31324 Unrestrlct¢d funds 160,024 14,422 174.446 Rt8tricted funds Restrirfed fimd 587.834 275222 863.056 TOTAL FUNDS 747.858 289,644 1.037,502 Page 16
Notes to the Financial StatcmerLts- continucd for the Yeor Ended 31 Mareh 2024 14. MOVEMENT IN FUNDS-¢ODtlnued Net moveTRent in fiu¥J5. included in the above are as follows.. INMIng reAourees Ruourc expended Movement UJJr¢stylotsd funds 135,171 {120,749) 14.422 Rtstrided funds Re8trtctcd fi]nd 275.222 275222 TOTAL FUD4DS 410.393 (120.7491 289,644 comrAt1ve& for rnovernent fundg Net At IA.22 ID funds 31J.23 Urtrtstritttd fund$ General fiJDd 141653 17J69 160.024 R¢strl¢ted fuDds Rr51Tided fijnd 396,358 191.476 587,834 TOTAL FUNDS 539,013 208,845 747,858 Compardtive net nu)vement in fi]nd4 included in the abovc art Ls follows.. Incomthg Resoureej expended Movement funds UJwestTkted fund5 95,660 (78291) 17,369 Restricted funds Rutricted fimd 193.522 (1046) 191.476 289,182 180.337) 208,845 Page 17
iad&th Association Flo101be Financial temetts- ntinued 2024 RELATKD PARTY DISCLOSURES Thcre wereno related party tranwtions forthe yw¢nd¢d 31 March 2024. Pag¢18