BIDGLEY POWER FOUNDATION
“ EMPOWERING COMMUNITIES BY CONNECTING PEOPLE”
ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
I am pleased to present our annual report for the 2020 financial year. This report outlines significant deliveries, achievements and challenges faced by Bidgley Power Foundation for the period of December 2020 to October 2021. I am delighted to emphasise that our organisation managed to deliver satisfactory outcomes during the review period despite various challenges and obstacles due to the current Covid 19 pandemic and funding constraints.
We have laid a strong foundation in 2020 to improve the organisation even with the pandemic situation. The takeover of the Aston Pavilion from the Birmingham City Council is one of the major steps we have taken.
Over the last 12 months, we have grown as an organisation - embracing change, welcoming opportunities, and meeting challenges. Our partner organization contributed massively to the successful operation of our activities. West Midlands Police, StreetGames, Birmingham City Council, Aston Villa Football Club, Badminton England, and Sport Birmingham are some of our key partner organizations. These partners were a catalyst for delivering expected wider social outcomes which include reduction in youth-related crime and anti-social behaviour, increases the skills of local youth to support their transition into employment, and positive effects on physical and mental well-being of those who actively participated in our programmes.
All these achievements were the result of our dedicated staff and volunteers who worked hard tremendously during this challenging and turbulent times. Their valuable contribution helped us to implement our targeted programmes effectively and successfully.
I would like to thank our staff and volunteers for their personal contribution to our organisational successes on behalf of the Trustees and management committee. It is their expertise, knowledge, and compassion that make our services stand out for our participants. I take this opportunity to thank all who assisted us.
Mr Pritesh Pattni Chair, Bidgley Power Foundation
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
TABLE OF CONTENT
| Chair’s message | 1 |
|---|---|
| Executive summary | 3 |
| About us | 4 |
| Our vision | |
| Our mission | |
| Aims | |
| Projects launched in 2020 | 5 |
| Food bank | |
| Take over of Aston Pavilion: community asset transfer | |
| Volunteer training on Covid 19 | |
| Power of sport to tackle crime | |
| Make A Difference (M.A.D) Project | |
| Financial Performance: 2020 | 10 |
| Future plans: 2021-2022 | 1 2 |
| Support and contact us | 15 |
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
In the past year the Bidgley Power Foundation has made great strides towards achieving many of the aims set out in the Constitution. Our attempts to serve local community have significantly raised the profile of the charity not only with local people, but also with other voluntary and statutory groups working within the Birmingham city as a whole.
During 2020, we managed to achieve some of our targeted activities. One of the goals is to secure Aston Pavilion as in a community asset transfer from the Birmingham City Council. Transferring this community asset into a viable and useful place is a great challenge to us. We are working hard to transform the Aston Pavilion into a vibrant community hub which will be a challenging task in the coming financial year.
We are also working with a number of high level strategic bodies and partners to implement our projects. This has been another success area for the charity where through partnership working, we have been able to address many issues as well as successful delivery of large-scale community events. By working with Parker organisations, we want to delivering the best value for our funders and service users alike.
As everybody faced, Covid 19 pandemic was a challenge for the charity in implementing the projects planned during the last year. However, as a charity we have made to deliver some useful projects as highlighted in this report. We delivered about 500 food parcels during the review period. We implemented programmes for disability service provision as well as learning and skills development for both young and old within our locality. This commitment is always be part of the journey and not a destination. We hope that our review of the last year offers you an insight into the start of this journey.
Many improvements have been made in areas such as governance, financial policy, fundraising and training of our most valuable resource which are our volunteers who go to make this organisation. In this year we have developed the capacity to challenge decisions which affect our service users.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
Our Vision
Bidgley Power Charity is a people first organisation working in partnership to maximise positivity, independence and participation in civic life for young, old and disabled people in the city of Birmingham.
Our Mission
To work in partnership to make the hopes, dreams and aspirations of all who access and volunteer in our services a reality, enhancing quality of life, retaining dignity and treating others with respect.
“THE BIDGLEY POWER FOUNDATION IS A PEOPLE FIRST ORGANISATION WORKING IN PARTNERSHIP TO MAXIMISE POSITIVITY, INDEPENDENCE AND PARTICIPATION IN CIVIC LIFE.”
Our Aims
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To provide recreational and leisure time activity in the interests of social welfare for able bodied and disabled people.
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To act as a resource for people living in Birmingham especially helping young people by developing their skills, capacities and capabilities to enable them to participate in society as independent, mature and responsible individuals.
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Advancing vocational education (non-academic) and work-based education to develop employability and enterprise skills and to help Relieve unemployment.
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To promote civic life in the local community through volunteering and providing opportunities for people to make a positive change to their communities.
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We work with a diverse range of people both able bodied and disabled in need of help and support, from 6-year-olds to 60-year-olds plus, and offer specialist services catering for their different needs.
Locations
Our services are provided in a range of settings from schools, leisure centers and parks , to individuals’ homes within the community across the Birmingham city and beyond. We have services based in the Aston Area of Birmingham but through our partnerships we have worked with people from all across the country and Europe.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
A) FOOD BANK
A food bank was launched in July 2020 with the help of many partner organisations. Most needy people received a mixture of fresh food and tin products. Food parcels were delivered every Saturday and Sunday in July and August in 2020. The volunteers were doing an amazing job and thanked for their hard work and we were able to distribute 500 food packs to support vulnerable people across Birmingham.
Partners involved in implementing the programme were as follows.
The Active Wellbeing Society
Aspire and Succeed TESCO Aston Islamic Relief UK, West Midlands
This project
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Inspired and community involvement
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Volunteer development
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Caters to the broader section of the local community
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
B) TAKE OVER OF ASTON PAVILION: COMMUNITY ASSET TRANSFER - OUR MAIN GOAL
Bidgley Power Foundation (BPF) has been working hard to get the Aston Pavilion community hall in 2020 from Birmingham City Council under their community asset transfer scheme. This asset will help to serve the community by launching community-led programmes for the betterment of local people and it will make a significant difference to the local area as follows.
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The centre will be available for community use and develops a strong sense of community.
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Foster social inclusion and a caring community
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Promote the provision of accessible social, recreational, educational, and cultural facilities within Aston and neighbouring areas for the benefit of local residents
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Encourage local community and other local organizations to work together to achieve continual improvement to the facilities and future prospects of the Pavilion
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Increase communication with partners, such as schools and other youth service centres in the local area
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Increase participation in sport, physical activities and improve healthy lifestyles
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Provide mentoring and carrier guidance
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Develop skills and capacity of the community
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Create employment opportunities
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Enhance citizenship learning
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Prevent offending amongst those at risk of offending
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Reduce anti-social behaviour and crimes
This facility will be used for community
gatherings, training, multi-religious and sports events and it is considered as a multi-faceted
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
resource.
Proposed uses of Aston pavilion
We have planned to convert the Pavilion for the following purposes for the betterment of the local community.
Figure: 1 Pavilion as a multi-faceted resource
A cultural centre
The Pavilion will offer spaces for diverse cultural activities to develop and strengthen. The community hall will provide a gallery area for local artists, a hall for music and drama performance (particularly for amateur dramatic, music, and operatic groups), regular folk dancing, rooms for creative workshops and a venue for events (for Festival, Arts Trail and Music Festival for example), film shows, lectures, and exhibitions.
A social centre
The Centre will offer a welcoming, friendly and safe environment for social activities and social contact for all sections and all age groups within the local community. The coffee lounge/café will provide a focal point for these social activities as well as offer a welcoming venue to the casual visitor. It will serve as a meeting place for local residents and for community forums, a place where people will become inspired to try new things and discover how they can become more directly involved in the life of their community.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
A learning centre
BPF has planned to use the Pavilion as a learning centre to teach English and Maths to the students. This will help disadvantaged children in Aston area. Further, this will be sued as an adult education centre to fulfill the needs of the adult population
A leisure and recreational centre
The Pavilion will be able to host a variety of clubs and societies many of which are struggling to find appropriate and affordable premises in which to operate. It will provide how such socially important activity can thrive and develop and new groups can startup.
The community hall will support a wide range of fitness activities - dance exercise, Pilates, Yoga, etc. The hall has the potential to provide a range of health-related recreational activities.
An advice centre
The Centre will provide the opportunity for organisations that offer advice and counseling services to hold regular drop-in sessions or one-off events for the benefit of local residents. This will obviate the need to undertake long and expensive journeys to other venues around the city. Organisations providing advice on benefit claims, career development, health matters, crime prevention and domestic security, parental support, personal finance and debt management are examples of this. Regular local councillor surgeries will also be held in the building.
C) VOLUNTEER TRAINING ON COVID 19
BPF launched a volunteer training programme for 30 young people on how to stay safe during the Covid 19 pandemic. The participants had the opportunity to learn simple steps on how to act during the Covid pandemic. The training programme focused on the following.
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The importance of wearing face masks in public places, and outdoors when social distancing is not an option.
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Risk levels during Covid 19
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Information about symptoms, how to reduce your risk, what to do if you're feeling unwell
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Coping with lockdown restrictions
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Caring for someone during the pandemic
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Information about the test centres
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Accessing health services
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
The participants are from the communities who are living in Aston, Lozells and Ladywood.
D). POWER OF SPORT TO TACKLE CRIME’- NETWORK EVENT 29TH JANUARY 2020
Bidgley Power also worked with Street Games to build strong foundations to tackle youth violence and community safety in 2020 utilising the power of sport. With the recent launch of the West Midlands Violence Reduction Unit (VRU), the event was held on 23[rd] January 2020 at 10:00 a.m 12.30 at the Aston Villa Park.
Streetgames, Sport Birmingham and Think Active was working together to support young people to uplift their lives.
The purpose of this session is to further understand the local community sports sector operating in this arena by exploring the existing learning and understanding what has worked well and why and then to begin to frame this in line with the outcomes of the VRU.
E). MAKE A DIFFERENCE (M.A.D) PROJECT
Bidgley Power Foundation, in collaboration with the Sport Birmingham launched ‘The Make A Difference (M.A.D) project in the Aston Pavilion in July 2020. This is an openaccess youth development programme targeted young people aged 11-16. Thirty young people participated in this programme.
This programme aims to work with young people who face personal and social disadvantages or circumstances that make it difficult for them to cope within formal structures.
Young people engaged in the outdoor personal development programme, equip them with life skills to assist their development both within and outside of the school setting and help them to transfer their learning into real-life situations.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
The programme comprises of a classroom, scenario-based delivery which is then incorporated within a practical setting using sport and physical activities. Importantly, M.A.D is young person-lead, meaning that activities are informed by the young people and based on their needs and interests.
INCOME: 2019 AND 2020
Thanks to our generous partners, funders, and the local community, we have raised £30,900 during 2020 as highlighted in Table 1 and Figure 1 to implement our planned projects. However, the table shows that the income has decreased by 42% when compared to 2019. The reduction of the income has been occurred due to the Covid 19 pandemic and limited funding sources.
Table 1: Income and Expenditure, 2019 & 2020
| Year | Income (£) | Expenditure (£) | Excess of Income |
|---|---|---|---|
| 2019 | 53852 | 49292 | 4560 |
| 2020 | 30900 | 31990 | -1090 |
Figure 1: Income and Expenditure, 2019 & 2020
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Income Expenditure
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
EXPENSES
The data suggests that 42% of the expenses have been spent on rent and rates as shown in the Figure 2. 36% of the income has been spent on volunteer expenses and salaries. Volunteers play a leading role in organising events and implementing our projects. They are a valuable resource and focussing on developing their skills is a key priority in the future.
Figure 2: Expenses 2020
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
In the next year, we will devote our resources to three main subject areas.
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i. Facilitate disadvantaged children to continue their education and
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ii. Encourage adults and young people to be active through engaging in physical activities
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iii. Enhance the community relations in Aston
Therefore, BPF will promote apprenticeship programmes in collaboration with local entrepreneurs and voluntary organisations. Job fairs designed for registering and matching apprenticeship services to local unemployed and school leavers will be a key planned activity during the next year provided the current Covid 19 situation improves.
‘Homework club’ for children
We hope to achieve the above objectives through the implementation of the following proposals.
Refurbishment of Aston Pavilion
One of our key priorities this year is to secure and refurbish the Pavilion. This centre will be converted to a more user-friendly manner. Under the refurbishment programme, three new office spaces for hire out on a short-term basis will be formed. This office space will be used as a training room, seminar rooms mainly for newstart-ups small scale businesses.
Children are a major asset to the growth of Birmingham city because they are the future leaders. However, child poverty in the city is too high. In Birmingham, about 37% of all the children are living in poverty (about 100,000 children). This is the highest rate of child poverty across the UK’s core cities. Ladywood Constituency where our charity is working has the third-highest level of child poverty in the UK among parliamentary constituencies with 47% of children living in poverty after housing costs (Birmingham Child Poverty Commission, 2015).
The current communication system of the Pavilion will also be upgraded including the establishment of a free WiFi network.
Support young people to enter the labour market
Tackling child poverty is a major challenge and children in poverty have lower educational outcomes than their peers, leading to disadvantaged in their latter life. Therefore, we will embark on a programme to teach children English and Mathematics by establishing a ‘ homework club’ in Aston.
Unemployment is one of the major issues in Ladywood constituency (where Aston falls). According to the data published by the Birmingham City Council in 2020, the Ladywood constituency has the highest claimant unemployment rate (23.2%) in June 2020. The Sutton Coldfield constituency has the lowest unemployment rate (3.8%). This comparison indicates the magnitude of the unemployment issue in Ladywood.
Sports and physical activities
One of the key issues in the Aston areas is inactivity and health issues such as obesity, and diabetes. It has been estimated that around 80 percent of people in Aston are inactive. Therefore we will promote football in collaboration with Aston Villa Foundation.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
Set-up a ‘youth-club’ and leisure facility for young people and the local community
Birmingham city councils stated aim is to facilitate the transfer of assets of community interest to community groups who can further the use of the buildings.
Lack of local leisure facilities and skilled young people are some of the key issues in Aston. These issues are mainly related with the deprivation. According to index of deprivation in 2010, Aston is ranked fourth worst deprived ward in Birmingham. This situation has created lack of leisure opportunities for young people. In order to assist in tackling this issue, a ‘youth club’ in the Mansfield Green Park, Witton Road in Aston will be established in collaboration West Midlands Police, Aston, Aston Sports and Community Club CIC and Sacred Heart Catholic church.
Counselling services for youth , disadvantaged and disabled adults
According to 2001 census of population, 35 percent of households in Aston are comprised of lone parents. Further, young people have faced a variety of problems due to lack of personalised counselling services. Therefore, it is planned to offer personalised counselling services for young people and lone parents who need assistance, proper guidance and mentoring in personal issues.
The proposed project will:
Provide a venue for young people and adults to spend their spare time fruitfully
Develop community volunteering schemes and recognise local volunteers
Offer a sports training facility for sports such as football and cricket through local partner
Volunteering is at the heart of the Bidgley Power Foundation and we aim to spread this ethos. Levels of volunteering are very low in Birmingham with as little as 12% of adults and 7% of young people doing any volunteering for the community. The Charity aims to reverse this trend by developing programs to recruit, use and retain volunteers from all walks of life in local schemes.
Promote volunteering opportunities and improve skills, experience, leadership qualities, confidence and organisational skills of young people
Develop a community venue for learning and skills development
Currently there a little or no facilities where the local community can access vocational learning . The Aston area has a very high number of NEET young people as well as adults with no formal education. Initiatives have been made by the local council to bring skilled jobs to the area but nearly 80% of the residents have no recognised qualifications.
Recognising volunteers and groups by hosting community awards Known as the “Aston Oscars” with the emphasis on promoting giving back to the community as a virtue.
Establishments of Aston resident community forum
The Charity seek to address this inequality and help local people access vocational education by developing a centre for learning based in a local building. The Charity has identified a venue in the local park which can hold up to 80 people which is owned by the council.
Currently (by the end of 2021) there is no resident association in Aston. BPF, therefore, is in the process of establishing a resident community association. This will provide an opportunity for the community to involvement and help to shape local services, monitor performance, agree on actions for service improvement and discuss the issues in the area.
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area.
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
DONATE AND HELP US TO IMPROVE THE LIVES OF THE PEOPLE WE SUPPORT. OUR SERVICE USERS ARE OFTEN OVERLOOKED BY SOCIETY AND WE WANT TO MAKE SURE THAT THEY HAVE TO THE BEST OPPORTUNITY TO LIVE INDEPENDENT QUALITY LIVES.
Birmingham City Council
Badminton England
Aston Sports and Community Club CIC
Sacred Heart MSC Cordate Community, Witton Road, Aston.
Special Olympics Disabled Clubs
Aston Villa Foot Ball Club
Sports England
Birmingham Sports Partnership Deloittes
The Disability sports forum Locality
Street Games
Broadway School , Aston
Sister to Sister Muslim Women’s Forum
Midland Heart Housing Association
Heart of Birmingham Primary Care Trust
Social Investment Board
James Pearce & Co Solicitors
NACVO
Tesco Stores Aston
Vaghella and Co Chartered Accountants
Aston Manor Coaches
Birmingham Resilience Team
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ANNUAL REPORT 2020: BIDGLEY POWER FOUNDATION
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YOU CAN HELP
PEOPLE
UNLOCK THEIR
POTENTIAL
AND BUILD A
BRIGHTER
FUTURE BY
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Please lend your support and help us in our vital work by:
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[making a one-off or regular donation ]
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[volunteering at one of our services ]
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[taking part in one of our community fundraising events. ]
Find out more about our work and how you can support us at www.Bidgleypower.org or contact:
The Bidgley Power foundation
Tel: 0121 328 7260
459 Lichfield Road
E-mail: info@Bidgleypwer.org
Aston
www.Bidgleypower.org
Birmingham B6 7SS
Find us on:
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REGISTERED CHARUTY NUMBER: 1145102 (England and Wales)
REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020 FOR BIDGLEY POWER FOUNDATION (REGISTERED CHARITY)
Carringtons Accountants Unit C 325-329 Holyhead Rd Handsworth Birmingham B21 0BH 0121 6664960
BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020
| Page | |
|---|---|
| Company Information | 1 |
| Report of the Trustees | 2 |
| Income and Expenditure Statement | 3 |
| Income Statement notes | 4 |
| Balance Sheet Statement | 5 |
| Notes to the Financial Statements | 6 |
| Certified Accountants' Report | 7 |
BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020
TRUSTEES: MR PRITESH PATTNI MR ADRIAN JAMES MR JASON KHAN
SECRETARY: MR PRITESH PATTNI
REGISTERED OFFICE:
459 Lichfield Rd,Aston,Birmingham, B6 6LR
REGISTERED NUMBER: 1145102 (England and Wales)
ACCOUNTANTS: Carringtons Accountants Unit C 325-329 Holyhead Rd Handsworth Birmingham B21 0BH 01216664960
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BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020
The trutesss present their report with the financial statements of the company for the year ended 31 December 2020.
PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of charatable services and reliefs to people living not exclusively in Aston and Birmingham.
DIRECTORS
The trustees shown below have held office during the whole of the period from 1 December 2019 to the date of this report.
Mr P V Pattni Mr A James Mr J Khan
STATEMENT OFTRUSTEES' RESPONSIBILITIES
TheTRUSTEES are responsible for preparing the Report of theTRUSTEES and the financial statements in accordance with applicable law and regulations.
Company law requires theTRUSTEES to prepare financial statements for each financial year. Under that law theTRUSTEES have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law theTRUSTEES must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the
Company and of the surplus or deficit of the company for that period. In preparing these financial statements, theTRUSTEES are required to:
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select suitable accounting policies and then apply them consistently;
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make judgements and accounting estimates that are reasonable and prudent;
TheTRUSTEES are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company 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 provisions of Part 15 of the Companies Act 2006 relating to small companies.
ON BEHALF OF THE BOARD:
Mr P V Pattni - Director
Date: …30/8/2021
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BIDGLEY POWER FOUNDATION (REGISTERED CHARITY)
INCOME AND EXPENDITURE STATEMENT FOR THE YEAR ENDED 31st DECEMBER 2020
| 2020 | 2019 | |||
|---|---|---|---|---|
| INCOME | ||||
| Restricted Funds | 25255 | 37693 | ||
| Unrestricted Funds | 7577 | 16047 | ||
| 32832 | 53740 | |||
| Add Interest Received | 68 | 112 | ||
| 32900 | 53852 | |||
| Expenditure | ||||
| Rent and Rates | 13471 | 14376 | ||
| Utilities | 304 | 1321 | ||
| Insurance | 699 | 647 | ||
| Consumables | 2921 | 4987 | ||
| Subscriptions/Fees | 995 | 1047 | ||
| Stationary | 415 | 590 | ||
| Clothing | 35 | 300 | ||
| Small Equipment | 121 | 288 | ||
| Salaries/Volunteer Expenses | 11485 | 15876 | ||
| Depreciation of Equipment | 788 | 2055 | ||
| Equipment write offs | 756 | 7805 | ||
| 31990 | 49292 | |||
| Excess of Income | 910 | 4560 |
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BIDGLEY POWER FOUNDATION (REGISTERED CHARITY)
INCOME STATEMENT FOR THE YEAR ENDED 31st DECEMBER 2020
The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2019
The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2019 in accordance with Section 476 of the Companies Act 2006. TheTRUSTEES acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b) Preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of trustees on .20/9/20 and were signed on its behalf by:
Mr P V Pattni - Director_
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The notes form part of these financial statements
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BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) BALANCE SHEET FOR THE YEAR ENDED 31st DECEMBER 2020
| 2020 | 2019 | |||
|---|---|---|---|---|
| FIXED ASSETS | ||||
| Equipment | 5645 | 8905 | ||
| CURRENT ASSETS | ||||
| Cash in Hand - Unrestricted | 2100 | 1200 | ||
| Cash in Hand - Restricted | 2920 | 9321 | ||
| 5020 | 10521 | |||
| CURRENT LIABILITIES | ||||
| Creditors | 5105 | 10300 | ||
| 5105 | 10300 | |||
| NET CURRENT ASSETS | -85 | 221 | ||
| TOTAL NETT ASSETS | 5560 | 9126 | ||
| REPRESENTED BY | ||||
| Retained funds brought forward | 4560 | 4656 | ||
| Retained Excess of Income | 910 | 4560 | ||
| 5560 | 9216 |
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BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2020
| CURRENT LIABILITIES | ||
|---|---|---|
| 2019 | 2018 | |
| Creditors | 5105 | 10300 |
| 5105 | 10300 | |
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CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OFTRUSTEES ON THE UNAUDITED FINANCIAL STATEMENTS OF BIDGLEY POWER FOUNDATION(REGISTERED CHARITY)
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) for the year ended 30 November 2019 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.
This report is made solely to the Board ofTRUSTEES of BIDGLEY POWER FOUNDATION (REGISTERED CHARITY), as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) and state those matters that we have agreed to state to the Board ofTRUSTEES of
BIDGLEY POWER FOUNDATION (REGISTERED CHARITY), as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http:// www.accaglobal.com/factsheet163.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board ofTRUSTEES, as a body, for our work or for this report. It is your duty to ensure that BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of BIDGLEY POWER FOUNDATION (REGISTERED CHARITY).
You consider that BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of BIDGLEY POWER FOUNDATION (REGISTERED CHARITY). For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
ACCOUNTANTS:
Carringtons Accountants Unit C 325-329 Holyhead Rd Handsworth Birmingham B21 0BH 01216664960
Date: .21/8/2021
This page does not form part of the statutory financial statements
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1. STATUTORY INFORMATION
BIDGLEY POWER FOUNDATION (REGISTERED CHARITY) registered in England and Wales. The charities registered number and registered office address can be found on the Company Information page. The presentation currency of the financial statements is the Pound Sterling (£).
2. ACCOUNTING POLICIES
Basis of preparing the financial statements These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section
1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover
Turnover comprises of the revenue recognised by the company in respect of goods, services supplied.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
with execeptional COVID19 financial imapct the directors issued a £2000 personal loan to the chairty to avoid the tax liability associated with a trading loss.
Carringtons Accountants Unit C 325-329 Holyhead Rd Handsworth Birmingham B21 0BH 0121 6664960
July 28th 2021
Accounts for The Bidgley Power Foundation
To whom it may concern,
We write as the appointed auditors of the charity registered with the charity commission as “the Bidgley Power Foundation”. Formerly known as the Bidgley Power Community Charity and registration number 1145102.The registered address of the charity is : 459 Lichfield Rd,Aston,Birmingham B6 7SS.
The production of the Statement of Accounts as at the 31 December 2020 each year is a statutory requirement.
This letter gives an undertaking from the auditor to those concerned that an appropriate level of care, diligence and consideration has been employed in arriving at the figures contained in the Statement of Accounts.
As the appointed Auditor we have now concluded this year’s audit and her findings in respect of the accounts themselves and the charity’s Value for Money conclusion are reported elsewhere in the accounts as attached. Our opinion is unqualified, indicating that the Statement of Accounts gives a true and fair view of the charity’s financial position and that the charity made proper arrangements to secure economy, efficiency and effectiveness in its use of resources
Sincerely yours,
Mr G.J. Carrington