REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
BROMLEY CHILDREN & FAMILIES Voluntary Sector Forum
CHARITY NUMBER 1153545
CRANE & PARTNERS CHARTERED ACCOUNTANTS LEONARD HOUSE 5 - 7 NEWMAN ROAD • BROMLEY KENT BR1 1RJ
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
| Chair’s Report | 1 |
|---|---|
| Report of the Trustees | 2 |
| Independent Examiner’s Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 |
| Notes to the Financial Statements | 8 |
| Detailed Statement of Financial Activities | 13 |
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
CHAIR’S REPORT FOR THE YEAR ENDED 31 MARCH 2023
2022-2023 was another year of significant growth and development for Bromley Children and Families Voluntary Sector Forum. We are swiftly becoming one of Bromley’s most prominent charities, and the impact of our work and partnerships are evident across the borough; with the local authority now recognising our charity as an important partner in their work with children, young people and families.
The Forum’s involvement in more major projects this year have continued to consolidate our reputation in the Borough for being a stable, committed and forward-thinking organisation which is best placed to deliver partnership projects.
As part of our vision of being a voice for the sector, our inclusion in to key committees and forums including the SEND Governance Board, Bromley Safeguarding Children Partnership, Bromley Children’s Executive Board, ProActive Bromley, Youth Justice Action Group, Traveller community steering group, 0-25 Transition Board and the Youth Providers MET Police Committee enables us to represent the sector and help our members to stay up-todate with policy and practice developments.
Our Chief Operating Officer Samantha Britnell continues to innovate across all areas of our organisation’s work; building collaborative relationships with not only our member organisations but our local authority, funders and other innovators within key institutions such as The Mayor of London’s office. The key message of ‘Together We Are Stronger’ is always at the core of her strategy, and seeking ways in which to connect people and organisations to increase impact drives her actions.
Our Development Officer Samantha Baldwin has continued to utilise social media to increase our connections and coordinating our community benefit projects including the Easter Egg collection, Back to School Stationary project, ‘Young Parents and Baby Swimming’ initiative, in partnership with MyTime Active, and of course our annual Masonic Biker’s Santa Run, with our incredible friends from the South East Masonic Bikers collecting thousands of pounds for us to spend on presents for the most vulnerable children and young people across the borough.
This wonderful initiative annually allows us, as a collective of amazing charities to get gifts to some of the most underprivileged children and families in the borough and to change their lives, even if just for a short time over the festive period.
The power of the Forum has always been in the passion of those working within the sector being brought together to share knowledge and mutually support each other. Whilst the sector, and those it serves, are increasingly finding the national financial situation, and the cost-of-living crisis, challenging, we managed to attract more funding and facilitate more collective projects than ever before. Proving once again that determination, creative thinking and the power of collective action can triumph.
Through this success, we, we have been able to secure a beautiful office space in Bromley’s revamped Old Town Hall and to recruit more talented staff and volunteers to our team, including our first PAYE Employee Shanna Jarvis, our new Office Manager and PA to the COO.
We are committed to providing support to and advocating for the sector, without which many services would collapse and many hundreds of people across the borough would suffer greatly. The voluntary sector prevents health, justice and social care crises and has risen out of need, and our natural human desire to relieve need and hardship.
The forum truly connects the Bromley Voluntary Sector and never has it been truer than this year that ‘Together We Are Stronger’. I want to say an immense thank you to our Samantha and Sammy for driving forward all the developments that the Forum has seen this year and to the Board of Trustees for their wisdom, support and commitment.
Our generous partners-in-giving, The Entertainer toy shop, again gave the forum a 25% discount which helped us to purchase hundreds of toys and games to share between 20 different charities including Bromley Children’s project, Bromley Brighter Beginnings, Bromley Foodbank, Bromley Traveller & Gypsy project, Kinship Carers, CASPA, St Edwards, St Hilda’s, Lay Witness for Christ International and Crystal Palace Community Trust.
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The trustees present their report with the financial statements of the charity for the year ended 31 March 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES SIGNIFICANT ACTIVITIES
The Forum’s activities for the year followed the objectives set in our Strategic Plan and included:
1. Information
Outcome: Throughout 2022-2023 the Forum continued to seek new and innovative ways to meet the needs of our members. The Forum worked extremely hard to secure funding in challenging market conditions, allowing us to grow as a charity. Our membership grew, with new and significant organisations joining to co-deliver on the hugely successful and popular HAF and Short Breaks projects.
The demand for both HAF and Short breaks far exceeded the available provision, our aim for the future is to create additional placements for children and young people across the borough. As updates about local and national information changed, The BCFF used our continually refreshed and redesigned social media to provide updates. A constant reminder to the local area about how busy the BCFF has been and how valued our offer is to both organisations and the people we offer services to.
We were able to continue to provide valuable information to our members and support that is often otherwise not easily available. This included changes or updates to regulation around GDPR, local support and access to local and national funding opportunities and the everchanging financial, political and wellbeing landscape in London and the UK. The Forum channeled more statutory funding into the voluntary sector in Bromley than ever before and focused on our strategic plan to ensure security and stability with clear direction in to 2023 and beyond.
2. Networking
Outcome: We are delighted to share that, based on the success of previous Holiday and Food Activities (HAF) camps; we have been able to expand our offer to a wider variety of activities for Bromley children aged 5-24. This means that the BCFF are working with more Forum member organisations across the whole of the London Borough of Bromley and the Department of Education programme.
The aims of HAP camps are to provide a safe space for Bromley children and young people where we can promote education on maintaining good mental health whilst reducing boredom and addressing ‘holiday hunger’.
To achieve this, The BCFF have added organisations that specialise in Tennis, boxing, Football (Bromley FC) Zap, Creation station and many more!
For the first time, The BCFF have worked with The London Borough of Bromley Children’s Disability Team to offer a range of enrichment activities each holiday for children and young people with special educational needs and disabilities. New providers include Palace for Life, ZAP kids Club and LWFCI.
The initiatives of both HAP and Short breaks allow The BCFF to work with more organisations, charities and service providers, allowing for greater capacity for children and young people and their families across the borough.
At the BCFF we also haven’t lost sight of what our members have asked us for, and this includes sharing information and good practice to enable our member groups to develop and thrive. Bringing people together is the core of what we do. Our hugely successful Teddy’s Bear’s Picnic, Easter Eggtravananza and Santa Run projects have seen a huge increase in participation from member organisations but also an increased demand by service users.
Our Development Officer Samantha continued to develop our social media and online networking, with our online presence increasing rapidly through her commitment to developing our Instagram, Facebook and TikTok accounts. Our ‘Friends of The Forum’ page attracting local businesses and individuals outside of the sector as supporters.
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023
The Forum’s presence spread across the borough thanks to our Chief Operating Officer, Sam’s hard work in connecting with schools, sports clubs and businesses, utilising venues for our work and our members’ work and creating partnerships and strengthening the support for children, young people and families cross-sectors and throughout the borough.
The Forum has, as part of an intention to develop our support services, initiated a number of new projects which we have identified the need for, including the Parent Carer Network bringing together carers of young people who are at risk of crime and antisocial behaviour - which has taken off magnificently, with one key parent member now working for the Forum to lead on this and other projects. Similarly, the Forum has become a founder member of the Gypsy Traveler group which was formed by traveler parents who want to affect positive change for their children in their communities. Our new young parent group swimming initiative involves parents under 24yrs and we are confident that this will also develop as a powerful network.
3. Consultation and Representation
Outcome: The London Borough of Bromley was enabled to consult organisations working with children, young people and families within the voluntary sector. The Forum represented children’s, young people and family services effectively, (especially regarding service provision in these challenging economic times).
The Forum has and will continue to be a conduit by which the LBB can consult organisations working with children, young people and families. The strategic work done by both our Chief Operating Officer and Development Officer has resulted in even greater connections with the Local authority; with the Forum now being considered an important partner in the borough. The BCCF has also participated in numerous Local Authority initiatives and contributed to strategic meetings outlining the demands for services throughout 2022/3.
It is the Forum’s ambition to continue to increase its ability to proactively represent the needs of children, young people, and families in Bromley, offering support to its member groups as appropriate. This year we have consolidated several partnerships and projects which will enable us to meet this goal.
We continue to represent the interests of member organisations on the Bromley Children’s Safeguarding Partnership, Voluntary Sector Strategic Network, Bromley MET Stop & Search Committee, and the Children’s Executive Board and have widened our cope of representations, now additionally sitting on the Youth Justice Forum, Gypsy Roma Travelers Group, SEND Governance Board and the Violent Crime Unit (VRU) Parent Champion Network.
4. Encouraging Good Practice - Training and resources (Workforce Development)
Outcome: Improved skills and knowledge for those working for member organisations whether paid staff or volunteers.
We continue to seek ways to support member groups increasing the skills and knowledge to serve children and young people across the Borough.
This year with increased numbers of participants on all levels (from beneficiaries to staff throughout our member and partner organisations), we have been able to provide greater capacity building opportunities and take advantage of external trainers in order to bring our professional community together; an example being the delivery of the two-day Mental Health First Aid Training which brought together delegates from 10 organisations.
Through our project delivery we have been able to provide high level support and workforce development/ mentoring/advice and guidance on various topics including safeguarding; with our Chair leading our internal safeguarding network and engaging with the DSLs across delivering organisations.
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
04
5. Administration, Finance/Fundraising, Reporting and Governance
Outcome: Value for money, effective governance, financial security and efficient administration.
The Forum is a ‘no-frills’ network providing support and information for the benefit of local children’s, youth and families voluntary organisations. We seek to keep our expenditure to a minimum whilst ensuring any funding we secure has maximum impact in the areas and communities that need it the most. After a number of years without any statutory funding, and whilst we do not receive any statutory funding for the direct running of our charity; with the Holiday Activity and Food funding for Bromley now being channelled through the Forum, we are a verified LA contractor and grateful for the financial support we receive.
Other sources of funding include trusts, foundations and community funding - all areas we aim to develop moving in to the next financial year.
Our members continue to support us through donations.
In the previous year, BCFF were also awarded the Parent Carer champion Network and Mentor Support Programme Funding which continues.
None of the Trustees has any beneficial interested in the charity. If the Forum is wound up, the members of the Forum have no liability to contribute to its assets and no personal responsibility for settling debts and liabilities.
There are occasions when Trustees (due to their professional abilities/qualifications) are allowed to request renumeration. For example, one of our Trustees takes on the responsibility and crucial role as Safeguarding Lead at both our Short Break and HAF holiday Camps. The Board of Trustees agreed that due to the amount of time this takes, it is appropriate that remuneration can be claimed.
Risk management
Risks are identified, assessed and controls established throughout the year. The key controls used include:
-
comprehensive strategic planning, budgeting and accounting.
-
clear authorisation and approval levels.
-
vetting procedures as required by law for the protection of children.
Reference and administrative details
Registered Charity number 1153545
STRUCTURE, GOVERNANCE AND MANAGEMENT
Background
The charity is controlled by its governing document, a deed of trust, and constitutes an Charitable Incorporated Organisation.
Bromley’s Children and Families Voluntary Sector Forum was established in the early 1990’s as an independent network of voluntary and community organisations concerned with children, young people, and their families. The Forum acts as a primary point of access for a diverse range of organisations in the London Borough of Bromley for information, training, joint planning, consultation, and representation purposes. There are approx. 170 groups in membership, many of which are small and do not have the time or expertise to keep up to date with changes in legislation, good practice, or funding opportunities. A full list of membership can be found at www.bcfforum.org
Recruitment and appointment of new trustees
Trustees are appointed at the Annual Meeting based on nominations received from trustee and member groups. Consideration Is given to specialist skills or knowledge, competence and overall suitability. New Trustees receive information about their responsibilities and the aims of the charity. They are required to undergo a Disclosure and Barring Service Check (DBS). Trustees meet every two months. The day to day running of the charity is undertaken by the Chief Operations Officer.
Principal address
Clockwise Bromley Old Town Hall Bromley BR1 3FE
Trustees
-
H Dyer
-
P Cosgrave
-
P Mapakou
-
B McDonald
-
P Rastall
-
J Rosewell (appointed 4/11/2022) – Vice chair
Independent examiner
Crane & Partners Chartered Accountants Leonard House 5 - 7 Newman Road, Bromley, Kent BR1 1RJ
Tel: 07957 924 287 Email: charityadmin@bcfforum.org www. bcfforum.org
Approved by order of the board of trustees on 31st December 2023 and signed on its behalf by:
H Dyer - Trustee
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
Independent examiner’s report to the trustees of Bromley Children and Families Voluntary Sector Forum
I report to the charity trustees on my examination of the accounts of Bromley Children and Families Voluntary Sector Forum (the Trust) for the year ended 31 March 2023.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Independent examiner’s statement
Since your charity’s gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
I report in respect of my examination of the Trust’s accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Graham Atkin FCA Chartered Accountant Crane & Partners Chartered Accountants Leonard House 5 - 7 Newman Road, Bromley Kent BR1 1RJ
31st December 2023
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
----- Start of picture text -----
2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
----- End of picture text -----
| INCOME AND ENDOWMENTS FROM | |||||
|---|---|---|---|---|---|
| Donations and legacies | 3,369 | 446,570 | 449,939 | 199,532 | |
| Other trading activities | 2 | 7,366 | - | 7,366 | 41 |
| Total | 10,735 | 446,570 | 457,305 | 199,573 | |
| EXPENDITURE ON | |||||
| CHARITABLE ACTIVITIES | |||||
| Activities | 707 | 261,537 | 262,244 | 64,890 | |
| Other | (2,287) | 183,963 | 181,676 | 90,329 | |
| Total | (1,580) | 445,500 | 443,920 | 155,219 | |
| NET INCOME | 12,315 | 1,070 | 13,385 | 44,354 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | (824) | 74,505 | 73,681 | 29,327 | |
| TOTAL FUNDS CARRIED FORWARD | 11,491 | 75,575 | 87,066 | 73,681 |
The notes form part of these financial statements
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
BALANCE SHEET
AT 31 MARCH 2023
----- Start of picture text -----
2023 2022
Unrestricted Restricted Total Total
fund fund funds funds
Notes £ £ £ £
----- End of picture text -----
| CURRENT ASSETS | |||||
|---|---|---|---|---|---|
| Debtors | 5 | - | 55,942 | 55,942 | 11,602 |
| Cash at bank | 11,493 | 32,670 | 44,163 | 74,505 | |
| 11,493 | 88,612 | 100,105 | 86,107 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 6 | - | (13,039) | (13,039) | (12,426) |
| NET CURRENT ASSETS | 11,493 | 75,573 | 87,066 | 73,681 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 11,493 | 75,573 | 87,066 | 73,681 | |
| NET ASSETS | 11,493 | 75,573 | 87,066 | 73,681 | |
| FUNDS | 8 | ||||
| Unrestricted funds | 11,493 | (824) | |||
| Restricted funds | 75,573 | 74,505 | |||
| TOTAL FUNDS | 87,066 | 73,681 |
The financial statements were approved by the Board of Trustees on 31st December 2023 and were signed on its behalf by:
Helen Dyer - Ttrustee
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)’, Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
2. OTHER TRADING ACTIVITIES
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Community Fundraising | 7,366 | 41 |
3. TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Trustees’ expenses
There were no trustees’ expenses paid for the year ended 31 March 2023 nor for the year ended 31 March 2022.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
----- Start of picture text -----
Unrestricted Restricted Total
fund funds funds
£ £ £
----- End of picture text -----
| INCOME AND ENDOWMENTS FROM | |||
|---|---|---|---|
| Donations and legacies | 10,513 | 189,019 | 199,532 |
| Other trading activities | 41 | - | 41 |
| Total | 10,554 | 189,019 | 199,573 |
| EXPENDITURE ON | |||
| Charitable activities | |||
| Activities | 2,534 | 62,356 | 64,890 |
| Other | 10,447 | 79,882 | 90,329 |
| Total | 12,981 | 142,238 | 155,219 |
| NET INCOME/(EXPENDITURE) | (2,427) | 46,781 | 44,354 |
| Transfer between funds | (4,066) | 4,066 | - |
| Net movement in funds | (6,493) | 50,847 | 44,354 |
| RECONCILIATION OF FUNDS | |||
| Total funds brought forward | 5,668 | 23,659 | 29,327 |
| TOTAL FUNDS CARRIED FORWARD | (825) | 74,506 | 73,681 |
5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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2023 2022
£ £
Trade debtors 55,942 11,602
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts (see note 7) 13,039 12,426
----- End of picture text -----
7. LOANS An analysis of the maturity of loans is given below:
| 2023 £ |
2022 £ |
|
|---|---|---|
| Amounts falling due within one year on demand: Bank overdrafs 13,039 12,426 |
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
8. MOVEMENT IN FUNDS
----- Start of picture text -----
Net movement
At 1.4.22 in funds At 31.3.23
£ £ £
----- End of picture text -----
| Unrestricted funds | |||
|---|---|---|---|
| General fund | (824) | 12,317 | 11,493 |
| Restricted funds | |||
| Young Londoners Fund | 5,747 | (5,747) | - |
| LBB VRU/MOPAC Motingham Big Local Refocused |
29,087 3,775 |
(5,643) (442) |
23,444 3,333 |
| Clarion Futures Communities | - | 7,367 | 7,367 |
| LBB HAF | 26,489 | (4,303) | 22,186 |
| LBB ShortBreaks | 9,407 | 5,939 | 15,346 |
| West Kent Freemasons | - | 2,717 | 2,717 |
| Tesco Community Grant | - | 930 | 930 |
| London Youth | - | 250 | 250 |
| 74,505 | 1,068 | 75,573 | |
| TOTAL FUNDS | 73,681 | 13,385 | 87,066 |
Net movement in funds, included in the above are as follows:
----- Start of picture text -----
Incoming Resources Movement in
resources expended funds
£ £
----- End of picture text -----
| Unrestricted funds | |||
|---|---|---|---|
| General fund | 10,735 | 1,582 | 12,317 |
| Restricted funds | |||
| Young Londoners Fund | 3,251 | (8,998) | (5,747) |
| LBB VRU/MOPAC Motingham Big Local Refocused |
35,850 - |
(41,493) (442) |
(5,643) (442) |
| Clarion Futures Communities | 8,000 | (633) | 7,367 |
| LBB HAF | 232,932 | (237,235) | (4,303) |
| LBB ShortBreaks | 84,757 | (78,818) | 5,939 |
| West Kent Freemasons | 2,717 | - | 2,717 |
| LBB Access to Sport | 71,811 | (71,811) | - |
| Tesco Community Grant | 2,055 | (1,125) | 930 |
| Waitrose Community Fund | 1,000 | (1,000) | - |
| London Youth | 1,750 | (1,500) | 250 |
| Co Op Community Grants | 2,447 | (2,447) | - |
| 446,570 | (445,502) | 1,068 | |
| TOTAL FUNDS | 457,305 | (443,920) | 13,385 |
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||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
8. MOVEMENT IN FUNDS CONTINUED...
Comparatives for movement in funds
----- Start of picture text -----
Net Transfers
movement between
At 1.4.22 in funds funds At 31.3.23
£ £ £ £
----- End of picture text -----
| Unrestricted funds | ||||
|---|---|---|---|---|
| General fund | 5,668 | (2,426) | (4,066) | (824) |
| Restricted funds | ||||
| Young Londoners Fund | 5,747 | (3,879) | 3,879 | 5,747 |
| LBB VRU/MOPAC Motingham Big Local Refocused |
15,912 2,000 |
13,175 1,775 |
- - |
29,087 3,775 |
| Clarion Futures Communities | - | (187) | 187 | - |
| LBB HAF | - | 26,489 | - | 26,489 |
| LBB ShortBreaks | - | 9,407 | - | 9,407 |
| 23,659 | 46,780 | 4,066 | 74,505 | |
| TOTAL FUNDS | 29,327 | 44,354 | - | 73,681 |
Comparative net movement in funds, included in the above are as follows:
----- Start of picture text -----
Incoming Resources Movement in
resources expended funds
£ £ £
----- End of picture text -----
| Unrestricted funds | |||
|---|---|---|---|
| General fund | 10,554 | (12,980) | (2,426) |
| Restricted funds | |||
| Young Londoners Fund | 9,442 | (13,321) | (3,879) |
| LBB VRU/MOPAC Motingham Big Local Refocused |
39,843 6,666 |
(26,668) (4,891) |
13,175 1,775 |
| Clarion Futures Communities | 1,800 | (1,987) | (187) |
| LBB HAF | 104,205 | (77,716) | 26,489 |
| LBB ShortBreaks | 27,063 | (17,656) | 9,407 |
| 189,019 | (142,239) | 46,780 | |
| TOTAL FUNDS | 199,573 | (155,219) | 44,354 |
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BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM |||
NOTES TO THE FINANCIAL STATEMENTS CONTINUED
8. MOVEMENT IN FUNDS CONTINUED...
A current year 12 months and prior year 12 months combined position is as follows:
----- Start of picture text -----
Net Transfers
movement between
At 1.4.22 in funds funds At 31.3.23
£ £ £ £
----- End of picture text -----
| Unrestricted funds | ||||
|---|---|---|---|---|
| General fund | 5,668 | 9,891 | (4,066) | 11,493 |
| Young Londoners Fund | 5,747 | (9,626) | 3,879 | - |
| LBB VRU/MOPAC Motingham Big Local Refocused |
15,912 2,000 |
7,532 1,333 |
- - |
23,444 3,333 |
| Clarion Futures Communities | - | 7,180 | 187 | 7,367 |
| LBB HAF | - | 22,186 | - | 22,186 |
| LBB ShortBreaks | - | 15,346 | - | 15,346 |
| West Kent Freemasons | - | 2,717 | - | 2,717 |
| Tesco Community Grant | - | 930 | - | 930 |
| London Youth | - | 250 | - | 250 |
| 23,659 | 47,848 | 4,066 | 75,573 | |
| TOTAL FUNDS | 29,327 | 57,739 | - | 87,066 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
----- Start of picture text -----
Incoming Resources Movement in
resources expended funds
£ £
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| Unrestricted funds | |||
|---|---|---|---|
| General fund | 21,289 | (11,398) | 9,891 |
| Restricted funds | |||
| Young Londoners Fund | 12,693 | (22,319) | (9,626) |
| LBB VRU/MOPAC Motingham Big Local Refocused |
75,693 6,666 |
(68,161) (5,333) |
7,532 1,333 |
| Clarion Futures Communities | 9,800 | (2,620) | 7,180 |
| LBB HAF | 337,137 | (314,951) | 22,186 |
| LBB ShortBreaks | 111,820 | (96,474) | 15,346 |
| West Kent Freemasons | 2,717 | - | 2,717 |
| LBB Access to Sport | 71,811 | (71,811) | - |
| Tesco Community Grant | 2,055 | (1,125) | 930 |
| Waitrose Community Fund | 1,000 | (1,000) | - |
| London Youth | 1,750 | (1,500) | 250 |
| Co OpCommunityGrants | 2,447 | (2,447) | - |
| 635,589 | (587,741) | 47,848 | |
| TOTAL FUNDS | 656,878 | (599,139) | 57,739 |
9. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
||| REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
13
||| BROMLEY CHILDREN AND FAMILIES VOLUNTARY SECTOR FORUM
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2023
----- Start of picture text -----
2023 2022
£ £
----- End of picture text -----
| INCOME AND ENDOWMENTS | ||
|---|---|---|
| Donations and legacies | ||
| Charitable trusts | 445,639 | 197,392 |
| Donations | 4,300 | 2,140 |
| 449,939 | 199,532 | |
| Other trading activities | ||
| Community Fundraising | 7,366 | 41 |
| Total incoming resources | 457,305 | 199,573 |
| EXPENDITURE | ||
| Charitable activities | ||
| Grants to other charities | 256,884 | 60,674 |
| Other | ||
| Freelance consultancy services | 67,186 | 46,709 |
| Rent | 53,543 | 16,903 |
| Meeting costs | 285 | 485 |
| Computer costs | 1,431 | 4,587 |
| Insurance | 674 | 370 |
| Sundry expenses | 1,958 | 1,671 |
| Marketing material | 6,401 | 4,082 |
| Refreshments, food and beverages | 25,803 | 1,664 |
| Fundraising expenses | 557 | 171 |
| Training programmes | 695 | 7,188 |
| Volunteer expenses | 617 | 309 |
| Membership and subscriptions | 180 | 125 |
| Other expenses | 287 | 2,465 |
| Equipment | 1,704 | 3,600 |
| Activity provider | 17,795 | - |
| Resources | 2,230 | - |
| DBS checks | 330 | - |
| 181,676 | 90,329 | |
| Support costs | ||
| Management | ||
| Telephone | 2,444 | 3,303 |
| Postage and stationery | 360 | 461 |
| TravelandAccommodation | 1,547 | - |
| 4,351 | 3,764 | |
| Management | ||
| Finance | ||
| Bank charges | 68 | 15 |
| Governance costs | ||
| Accountancy and legal fees | 941 | 437 |
| Total resources expended | 443,920 | 155,219 |
| Net income | 13,385 | 44,354 |
This page does not form part of the statutory financial statements
||| REPORT OF THE TRUSTEES & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023
16
BROMLEY CHILDREN & FAMILIES Voluntary Sector Forum
CHARITY NUMBER 1153545
Get involved
Please contact Charity Administrator: Old Town Hall 30 Tweedy Road Bromley BR1 3FE
www.bcfforum.org
Tel: 07584568776 Email: charityadmin@bcfforum.org