## Bradford Under-Fives Association
Charity number 1167014
## Annual Report and Financial Statements
for the year ended 31 March 2023
**----- Start of picture text -----**
Group's logo
**----- End of picture text -----**
## Bradford Under-Fives Association
Annual Report and Financial Statements for the year ended 31 March 2023
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 4|
|Receipts and payments account|5|
|Statement of assets and liabilities|6|
|Notes to the accounts|7 to 8|
## **Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Bradford Under-Fives Association
## Trustees' report for the year ended 31 March 2023
## **Reference and administrative details of the charity, its trustees and advisors**
The trustees during the financial year and up to and including the date the report was approved were: **Name Position**
Doreen Williams Chair Sally Griffin Treasurer Jeni Lynch Secretary **Charity number** 1167014 Registered in England and Wales
**Charity number**
## **Registered and principal address**
## **Bankers**
Mayfield Centre Unity Trust Bank plc Broadway Avenue PO Box 7193 Bradford Planetary Road BD5 9NP Willenhall WV1 9DG
## **Accountants**
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
## **Structure, governance and management**
The charity is a Charitable Incorporated Organisation (CIO) association formed on 10 May 2016 and is governed by a constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by the members at the AGM.
2
## Bradford Under-Fives Association
## Trustees' report (continued) for the year ended 31 March 2023
## **Objectives and activities**
## **The charity's objects**
To advance the development and education of children under statutory school age within the area of the City of Bradford and its neighbourhood for the public benefit, by providing in particular but not exclusively, a support service to the managers, leaders, practitioners or volunteers working in non-domestic group settings for children under five years old.
## **The charity's main activities**
Delivered support, training and projects to Toddler groups as they reopened post COVID and resources to families in voluntary, maintained and school sector toddler groups around home safety, sensory, baby play. Speech and language support and signposting to appropriate agencies to parents for babies and toddlers born in lockdown.
## **Public benefit statement**
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of education.
## **Achievements and performance**
The last financial year has been really challenging for the organisation.
The loss of council funding meant that for the first time in our history, we have had to look for external funders so that we could keep doing our valuable work with groups and the families who attend them. We developed a new business plan to help us set out our targets for the year.
I am pleased to report that we have been successful in receiving funding from a number of external agencies this year. While we were thrilled about this, we also recognise that looking for and filling in funding bids is an ongoing piece of work, and Susan has spent a significant amount of time on this during the last year.
We can report that a lot of groups have still not reopened since the pandemic. However we have kept in touch with them and offered support as much as we have been able to. We have also supported some new groups as well. We are not up to the same capacity as we were before the pandemic and can report that membership’s numbers are still below the pre pandemic level.
Leanne offered targeted supported to groups as they reopened and delivered some projects as well. Leanne left us in December for pastures new.
In February we welcomed our new toddler worker Sanya. Sanya has made a good start and has been out in the community introducing herself to our groups before the term ended.
Susan continues to work on the organisation’s media presence, and we now have a Twitter platform to add to our social media networks. In addition to this we now offer a blog on our website, which Susan keeps updated.
Susan has continued the work to establish and reignite partnerships with external agencies, attending meetings and trainings, which will be of benefit to the groups and families.
I would like to thank our dedicated staff and volunteers for all their hard work over the last year.
## **Financial review**
The net payments for the year were £31,652, including net payments of £31,668 on unrestricted funds and net receipts of £16 on restricted funds.
3
## Bradford Under-Fives Association
## Trustees' report (continued) for the year ended 31 March 2023
## **Reserves policy**
The charity's free reserves, at the year end were £50,486.
It is the charity’s policy to hold six months running costs based on the current rates of salary, rent and insurance costs, whilst maintaining current staffing hours and office space. This level of reserves will be reviewed on an annual basis and/or in the light of changes to our commitments.
We are aware that current reserves are significantly higher than the stated reserves policy, however these will be used if we are unable to gain funding from grants we have applied for.
Approved by the board of trustees on 11/07/2023
Mrs Doreen Williams (Trustee)
4
## Bradford Under-Fives Association
## Receipts and payments account for the year ended 31 March 2023
|Notes
2023
Unrestricted
funds
£
**Receipts**
Grants and donations
(2)
5
Contract income
-
Bulk buy shop income
311
Member subscriptions
235
Bank interest
413
**Total receipts**
964
**Payments**
Salaries NI and pensions
21,556
Payroll charges
288
Training services
-
Travel expenses
421
Office expenses and telephone
2,012
Rent and rates
2,856
Insurance
675
Bulk buy shop purchases
229
Equipment and resources
805
Independent examination
456
Bookkeeping
750
Bank charges
72
Trustee travel expenses
132
Website design
-
Consultancy
1,050
IT equipment
1,330
**Total payments**
32,632
**Net receipts / (payments)**
(31,668)
**Fund balances brought forward**
82,154
**Fund balances carried forward**
(3)
50,486|2023
Restricted
funds
£
13,250
-
-
-
-
13,250
10,500
-
-
-
-
1,500
100
-
74
-
-
-
-
1,060
-
-
13,234
16
1,787
1,803|2023
Total
funds
£
13,255
-
311
235
413
14,214
32,056
288
-
421
2,012
4,356
775
229
879
456
750
72
132
1,060
1,050
1,330
45,866
(31,652)
83,941
52,289|2022
Total
funds
£
1,810
22,666
181
265
760
25,682
32,494
414
650
394
1,650
4,566
775
314
774
576
283
72
-
750
1,092
-
44,804
(19,122)
103,063
83,941|
|---|---|---|---|
5
## Bradford Under-Fives Association Statement of assets and liabilities
|as at 31 March 2023
2023
Unrestricted
£
**Cash funds**
Cash at bank
50,467
Cash in hand
19
**Total cash funds**
50,486
**Debtors and prepayments**
Prepayments
**Monetary assets**
Shop stock
**Assets retained for the charity's own use**
Three laptops
Three desktop computers
One photocopier
**Liabilities**
Accruals
Other creditors|2023
Restricted
£
1,803
-
1,803|2023
Total
£
52,270
19
52,289
2023
£
423
423
2023
£
1,043
1,043
2023
£
627
3
627|2022
Total
£
83,919
22
83,941|
|---|---|---|---|
The financial statements were approved by the board of trustees on 11/07/2023
Mrs Doreen Williams (Trustee)
6
## Bradford Under-Fives Association
## Notes to the accounts
for the year ended 31 March 2023
## **1 Accounting policies**
## **Basis of accounting**
The trustees have taken advantage of section 133 of the Charities Act 2011 and have prepared the accounts on a receipts and payments basis.
There has been no change to the accounting policies since last year.
No changes have been made to the accounts for previous years.
## **Taxation**
As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.
## **Fund accounting**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.
Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.
Further explanation of the nature and purpose of each fund is included in the notes to the accounts.
7
## Bradford Under-Fives Association
## Notes to the accounts continued
## for the year ended 31 March 2023
|**2 Grants and donations**
Bradford Metropolitan District Council (BMDC)
Give Bradford
Sir George Martin Trust
National Lottery - Awards for All (AfA)
Other donations
**3 Restricted funds**
Balance b/f
£
Bradford Parent & Toddler Assoc.
527
BMDC Early Years
200
BMDC
1,060
Give Bradford Microgrant
-
Sir George Martin Trust
-
National Lottery AFA
-
1,787|2023
Unrestricted
funds
£
-
-
-
-
5
5
Incoming
£
-
-
-
2,250
2,250
8,750
13,250|2023
Restricted
funds
£
-
2,250
2,250
8,750
-
13,250
Outgoing
£
74
-
1,060
2,250
2,250
7,600
13,234|2023
Total
funds
£
-
2,250
2,250
8,750
5
13,255
Transfers
£
-
-
-
-
-
-
-|2022
Total
funds
£
1,810
-
-
-
-
1,810
Balance c/f
£
453
200
-
-
-
1,150
1,803|
|---|---|---|---|---|
## **Purpose of restriction**
**Fund name Purpose of restriction** Bradford Parent & Toddler Assoc. To fund toddler projects to benefit member groups BMDC Early Years To support Parent and Toddler groups across Bradford BMDC To refresh the branding and a new website Give Bradford Microgrant For building organisational resilience Sir George Martin Trust Towards core costs, in particular salaries National Lottery AFA Towards core costs
## **4 Related party transactions**
## **Trustee expenses**
No trustee received any expenses during this year or the previous year.
## **Trustee remuneration and benefits**
No trustee received any remuneration or benefit during this or the previous year.
8