## Scholemoor Beacon CIO
Charity number 1170019
## Annual Report and Financial Statements
for the year ended 31 March 2024
## Scholemoor Beacon CIO
Annual Report and Financial Statements for the year ended 31 March 2024
|**Contents**|**Page**|
|---|---|
|Trustees' report|2 to 5|
|Examiner's report|6|
|Statement of financial activities|7|
|Balance sheet|8|
|Notes to the accounts|9 to 16|
**Prepared by West Yorkshire Community Accountancy Service CIO**
1
## Scholemoor Beacon CIO
## Trustees' report for the year ended 31 March 2024
## **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 Dates**
**Position Dates** Chair
Sara Lee Saiqa Rani Nasima Sidat Gulshan Munir Dr Shabana Akhtar Rowena Herbert Catherine Lawton Shakil Rashid
Appointed 8 November 2023 Resigned 14 September 2023 Registered in England and Wales
## **Charity number**
1170019
## **Registered and principal address**
**Registered and principal address Bankers** Scholemoor Community Centre Virgin Money Dracup Ave 14 Broadway Bradford Bradford BD7 2RJ BD1 1TW
## **Independent examiner**
Alan Dodd FCCA **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) formed on 3 November 2016 and is governed by an association constitution.
## **Method of recruitment and appointment of trustees**
The trustees of the charity are appointed by the members at the AGM with one-third of trustees retiring from office each year.
## **Objectives and activities**
## **The charity's objects**
To further or benefit the residents of Scholemoor and the neighbouring communities, without distinction of sex, sexual orientation, race or of political, religious or other opinions by associating together the said residents and the local authorities, voluntary and other organisations in a common effort to advance education and to provide facilities in the interest of social welfare for recreation and leisure time occupation with the objective of improving the conditions of life for the residents. In furtherance of these objects but not otherwise, the trustees shall have power:
2
## Scholemoor Beacon CIO
## Trustees' report (continued) for the year ended 31 March 2024
## **Objectives and activities (continued)**
## **The charity's objects (continued)**
To establish or secure the establishment of a community centre and to maintain or manage or co-operate with any statutory authority in the maintenance and management of such a centre for activities promoted by the charity in furtherance of the above objects.
To develop the capacity and skills of the members of the socially and economically disadvantaged community of Scholemoor in such a way that they are better able to identify, and help meet, their needs and to participate more fully in society.
To promote such other charitable purposes (charitable under English law) for the public benefit in Scholemoor and for the benefit of the neighbouring communities as may from time to time be determined. Nothing in this constitution shall authorise an application of the property of the CIO for purposes which are not charitable in accordance with section 7 of the Charities and Trustee Investment (Scotland) Act 2005 and section 2 of the Charities Act (Northern Ireland) 2008.
## **The charity's main activities**
Since the extension to the community centre which opened in April 2021 we have been able to deliver so much more to local people. Three years on – it feels like we need yet another extension, due to pressure on the building and trying to balance the competing demands of income generation and providing sessions to meet the needs of the local community.
We have seen a slight increase in our earned income through one off room hire and hope to develop more long term arrangements to ensure that we are diversifying our funding as much as possible.
We continue to offer a range of sessions for local people across all ages and offer one to one support for those in crisis. We have successfully got additional funding for young people and are extending the offer to provide one to one support to them and provide new opportunities to achieve. This includes supporting a young person to take part in their college course, another to respond more positively to advice and support a young woman taking a pregnancy test. We are putting in place plans to get young people represented at Board meetings and to have their voice heard throughout the organisation.
## **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 improving the lives of people living in Scholemoor, providing a range of activities and increasing the capacity of local residents.
## **Achievements and performance**
We held our first Feedback week in November around the time of the AGM, with a new feedback form that we had created while spending time creating a Theory of Change (ToC) through support of Power to Change Funding. The feedback was overwhelmingly positive and there are a number of local people who come to the centre more than once a week and feel that we are a safe space where they can get help and support. Volunteers are welcome and the recipient of volunteer of the year 2023 travels every week from Leeds to support the older people’s lunch club.
The FoodSavers marketplace goes from strength to strength with seventy active member and money saved by members into the credit union for 2023 – 2024 was over £3500, for some people this would be their first experience of saving. Every time they come to the marketplace they buy 10 items and £1 of what they pay goes into their credit union account.
3
## Scholemoor Beacon CIO
## Trustees' report (continued) for the year ended 31 March 2024
## **Achievements and performance (continued)**
We continued some of the same activities including Holiday provision for children and young people, Scholemoor Youth Action Group and wellbeing activities for adults. We started some new sessions – thanks to Comic Relief funding and welcomed Shanaz to the team. These were 3 sessions a week after school and included cooking, sports and a mini youth group. There was also some events on a Saturday morning as well. We made some new partnerships over the year including building a relationship with Beacon Boxing Club, providing football sessions in partnership with Bradford City Football Foundation and Friends of Bradford Becks.
We continued to focus on play and getting children active, in the school holidays and term time and took part in a Street Play pilot in January. We delivered some Story Sack training to parents and worked with the Create Strength group to find out more about Trauma informed practice and staff members undertook Adverse Childhood Trauma training.
Local people often ask us to arrange trips to places of interest and we were able to take 2 coaches to Scarborough this year, a trip to St Ives (Bingley) and Tong Garden Centre with the Wellbeing groups. We also took 2 coaches to Yorkshire Wildlife Park in the summer and a great time was had by all.
We had some special events as well including a celebration for the coronation of King Charles, a Here to Help event in partnership with Department for Work and Pensions (DWP), Family Support session for those families with Children who have Special Educational needs and/or disabilities (SEND) and a visit from the ever-popular Jellyfish Theatre. Bringing information or having a focus is brilliant for Scholemoor as there are fewer opportunities for the children, families and residents living here.
Scholemoor Beacon has continued to support activities wider than Scholemoor and advocate for Scholemoor. We are the deputy anchor of the WOW community partnership, member of Bradford Community Play Partnership, Great Horton Ward Leadership Team and on the board of the Local Access Bradford and District Partnership.
Bradford 2025, City of Culture is approaching and our young people have been active in focus groups and two young people attended the brand launch for Bradford 2025. We are delivering a Youth Arts project currently and planning to take full advantage of City of Culture.
## **Financial review**
The net expenditure for the year was £18,136, including net income of £6,195 on unrestricted funds and net expenditure of £24,331 on restricted funds after transfers.
4
## Scholemoor Beacon CIO
## Trustees' report (continued) for the year ended 31 March 2024
## **Reserves policy**
The charity's free reserves, excluding fixed assets, at the year end were £86,609.
This represents around 5 months of budgeted expenditure.
- 1 The purpose of our reserves policy is to:
- l Give confidence to funders by demonstrating good stewardship and financial management
- l Demonstrate the charity’s sustainability and capacity to manage unforeseen financial difficulties
- l Give voluntary funders, such as grant-makers, an understanding of why funding is needed to undertake a particular project or activity
- l Give assurance to lenders and creditors that the charity can meet its financial commitments
- l Manage risk to the charity’s reputation from holding substantial unspent funds at the year-end without explanation
- 2 Scholemoor Beacon is currently dependent on donations and grants to sustain its activities. If these existing sources of income are depleted or lost, it is crucial to ensure that there are sufficient reserves to keep Scholemoor Beacon running for 3 months or to allow the charity to wind up while meeting its obligation to staff and service users.
The main concerns of the board are to ensure:
- l That staff can continue working
- l That staff can be supported if the charity should go through a time of financial instability
- 3 It is the policy of the Trustees to maintain reserves sufficient to cover all the Restricted Funds and no less than three months' and no more than six months' operating costs. These reserves should be built up from the unrestricted income.
- 4 . If the charity has excess reserves then the board will consider how these funds could be best used and make this clear by designating funds for future expenditure. If this is the case then these designations and timings are included as an appendix to this policy.
- 5 . If significant resources are held in reserves then the board may consider investing some of these funds to obtain a financial return for the charity. In making these decisions, the board will consider the likelihood that some or all of the reserves held may need to be accessed at short notice.
- 6 If the charity has excess reserves, the board will ensure that the organisation does not misrepresent the urgency or need for funds with donors.
- 7 The level of reserves should be calculated and monitored every 3 months by the Treasurer.
- 8 This policy shall be reviewed every 3 years and whenever there are significant changes in staff hours, staff numbers or new projects.
Approved by the board of trustees on 20/11/2024
Saiqa Rani (Trustee)
5
## Scholemoor Beacon CIO
## Independent examiner's report to the trustees of Scholemoor Beacon CIO
I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2024, which are set out on pages 7 to 16.
## **Responsibilities and basis of report**
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
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 charity as required by section 130 of the Charities Act;
- 2 the accounts do not accord with those records; or
- 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.
Alan Dodd FCCA
28/11/2024
## **West Yorkshire Community Accountancy Service CIO**
Stringer House 34 Lupton Street Leeds LS10 2QW
6
## Scholemoor Beacon CIO
## Statement of Financial Activities
## (including summary income and expenditure account) for the year ended 31 March 2024
|Notes
2024
Unrestricted
funds
£
**Income from:**
Grants and donations
(2)
4,330
Fees, trips and fundraising
20,717
Other income
50
Bank interest
1,429
**Total income**
26,526
**Expenditure on:**
Salaries, NIC's and payroll costs
(3)
5,168
Freelance fees
827
Travel and transport
1,133
Trips, events and activities
127
Telephone and internet
261
Repairs and maintenance
247
Equipment and materials
672
Independent examination
1,594
Insurance
1,361
Food and refreshments
1,808
Other expenses
-
Advertising and publicity
117
Professional fees
-
IT support
-
Printing, postage and stationery
461
Rent and rates
60
Utilities and cleaning
193
Depreciation
6,452
Bad debts
180
Training
-
Volunteer expenses
183
**Total expenditure**
20,844
**Net income / (expenditure)**
5,682
**Transfers between funds**
513
**Net movement in funds**
6,195
**Fund balances brought forward**
296,962
**Fund balances carried forward**
(4)
303,157|2024
Restricted
funds
£
146,410
6,765
-
-
153,175
113,905
17,643
2,087
5,069
383
6,768
7,991
-
166
5,203
-
702
1,685
251
864
104
12,209
-
-
1,143
820
176,993
(23,818)
(513)
(24,331)
64,796
40,465|2024
Total
funds
£
150,740
27,482
50
1,429
179,701
119,073
18,470
3,220
5,196
644
7,015
8,663
1,594
1,527
7,011
-
819
1,685
251
1,325
164
12,402
6,452
180
1,143
1,003
197,837
(18,136)
-
(18,136)
361,758
343,622|2023
Total
funds
£
150,448
10,593
238
305
161,584
112,591
14,996
337
4,175
763
7,998
10,115
1,518
1,156
5,454
208
225
3,779
222
1,441
348
7,227
6,323
-
1,088
408
180,372
(18,788)
-
(18,788)
380,546
361,758|
|---|---|---|---|
All incoming resources and resources expended derive from continuing activities.
7
## Scholemoor Beacon CIO
## Balance sheet
|as at 31 March 2024
2024
Unrestricted
£
**Fixed assets**
Tangible assets
(5)
216,548
**Total fixed assets**
216,548
**Current assets**
Debtors and prepayments
(6)
880
Cash at bank and in hand
(7)
96,415
**Total current assets**
97,295
**Current liabilities:**
**amounts falling due within one year**
Creditors and accruals
(8)
10,686
**Total current liabilities**
10,686
**Net current assets / (liabilities)**
86,609
**Net assets**
303,157
**Funds**
Unrestricted funds
303,157
Restricted funds
-
**Total funds**
303,157|2024
Restricted
£
-
-
6,750
33,715
40,465
-
-
40,465
40,465
-
40,465
40,465|2024
Total
£
216,548
216,548
7,630
130,130
137,760
10,686
10,686
127,074
343,622
303,157
40,465
343,622|2023
Total
£
222,487
222,487
100
149,493
149,593
10,322
10,322
139,271
361,758
296,962
64,796
361,758|
|---|---|---|---|
The financial statements were approved by the board of trustees on 20/11/2024
Saiqa Rani (Trustee)
8
## Scholemoor Beacon CIO
## Notes to the accounts
for the year ended 31 March 2024
## **1 Accounting policies**
## **Basis of accounting**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.
The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for previous years.
## **Going concern**
The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.
## **Incoming resources**
All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, if it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.
## **Grants and donations**
Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.
Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.
## **Expenditure and liabilities**
Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.
## **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.
## **Tangible fixed assets**
Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows:
Leasehold extension: over the life of the lease Office equipment: over 4 years Computer equipment: over 3 years
## **Pensions**
The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.
9
## Scholemoor Beacon CIO
## Notes to the accounts
for the year ended 31 March 2024
## **1 Accounting policies continued**
## **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.
## **Leases**
Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.
10
## Scholemoor Beacon CIO
## Notes to the accounts continued
## for the year ended 31 March 2024
|**2 Grants and donations**
Asda
Bradford Metropolitan District Council (BMDC)
Comic Relief
Give Bradford
Henry Smith Charity
InCommunities
Local Care Direct
NHS Charities Together
Play Bradford
Tudor Trust
Virgin Money Foundation
Bettys and Taylors
Bradford & District CNET
DWP Kickstart
Eccleshill Adventure Playground
Garfield Weston
Groundwork UK
Leap
Power to Change
Sir George Martin Trust
Sovereign Healthcare
VCS Alliance
Other donations
**3 Staff costs and numbers**
Gross salaries
Social security costs
Employment allowance
Pensions
Payroll costs|2024
Unrestricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
4,330
4,330|2024
Restricted
funds
£
400
42,430
3,953
8,308
32,000
650
7,669
4,623
11,327
35,000
50
-
-
-
-
-
-
-
-
-
-
-
-
146,410|2024
Total
funds
£
400
42,430
3,953
8,308
32,000
650
7,669
4,623
11,327
35,000
50
-
-
-
-
-
-
-
-
-
-
-
4,330
150,740
2024
£
113,251
7,573
(5,000)
1,969
1,280
119,073|2023
Total
funds
£
1,800
37,078
4,941
-
-
1,155
-
9,246
-
25,000
8,000
4,250
3,052
941
5,244
25,000
1,325
880
8,810
2,500
4,860
700
5,666
150,448
2023
£
107,047
7,502
(5,000)
1,721
1,321
112,591|
|---|---|---|---|---|
The average number of employees during the year was 7.3, being an average of 3.9 full time equivalent (2023: 7.2, 3.7 FTE). There were no employees with emoluments above £60,000.
|**Defined contribution pension scheme**|2024|2023|
|---|---|---|
||£|£|
|Costs of the scheme to the charity for the year|1,969|1,721|
|Amount of any contributions outstanding at the year end|380|234|
11
## Scholemoor Beacon CIO
## Notes to the accounts continued
## for the year ended 31 March 2024
|**4 Restricted funds**
Bradford VCS Men's Group
Bradford Community Play
Play Bradford
Asda Foundation
Asda Foundation
Bettys and Taylors
BMDC Children Support
BMDC Core Costs
Board Development
Give Bradford
BMDC Combined Fund
Comic Relief
Charity Aid Foundation
Greenmoor Fundraising Support
BMDC Future Boost
Garfield Weston
Getting Ready to Commute
Provident Growing our Own
BMDC Healthy Holiday grant
Henry Smith Charity
Keeping Healthy Keeping Active
City Connect
Kings Coronation
Leeds NHS Charitable Trust
Power to Change resilience
Sir George Martin Trust
LCF Tackling Food Inequality
InCommunities
Tudor Trust core grant
Tudor Trust staff wellbeing
UK Shared Prosperity Fund
Virgin Money Foundation
BMDC Warm Spaces
Local Care Direct
Greenmoor Youth Group|Balance b/f
£
4,746
456
-
-
1,021
2,161
-
-
901
-
-
4,926
555
97
372
21,852
1,140
2,356
2,789
-
-
1,112
320
2,088
2,245
2,500
1,440
500
-
581
6,953
3,077
-
-
608
64,796|Incoming
£
-
11,342
6,750
400
-
-
4,940
3,829
-
8,308
3,485
3,953
-
-
-
-
-
-
17,088
32,000
11,150
-
-
4,623
-
-
-
650
33,000
2,000
-
50
1,938
7,669
-
153,175|Outgoing
£
4,557
8,935
150
259
1,021
2,161
1,409
3,383
8
171
3,120
8,879
555
-
372
21,852
96
125
18,658
32,000
10,371
-
320
6,711
2,245
-
1,440
500
33,000
641
6,953
3,127
1,938
2,036
-
176,993|Transfers
£
-
-
-
-
-
-
(513)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
(513)|Balance c/f
£
189
2,863
6,600
141
-
-
3,018
446
893
8,137
365
-
-
97
-
-
1,044
2,231
1,219
-
779
1,112
-
-
-
2,500
-
650
-
1,940
-
-
-
5,633
608
40,465|
|---|---|---|---|---|---|
## **Fund name**
Bradford VCS Men's Group Bradford Community Play Play Bradford Asda Foundation Asda Foundation
Bettys and Taylors
## **Purpose of restriction**
Deliver sessions for local men with a sessional worker to facilitate activities. To provide outdoor adventure play and to activate the community to play. To provide outdoor adventure play and deliver a local play forum. To provide general support for local people.
To support the local community with the cost of living crisis. Purchase slow cookers and flasks, keep the centre warm.
To employ a community cook and deliver food related activities and education to children and young people
12
## Scholemoor Beacon CIO
## Notes to the accounts continued
## for the year ended 31 March 2024
**4 Restricted funds (continued) Fund name Purpose of restriction** BMDC Children Support To provide support for children, young people and families. Transfer comprises a purchase of equipment which has been capitalised for the general use of the charity. BMDC Core Costs To support the general running costs of the building. Board Development To fund Board development activities. Give Bradford To deliver youth arts to young people and take them to arts-based facilities. BMDC Combined Fund To provide stock for the Foodsavers marketplace and support with the cost of living crisis. Comic Relief To provide after-school activities for primary age children. Charity Aid Foundation Covid support for local people - help with food, bills and additional costs for delivery and outreach support. Greenmoor Fundraising Support To pay for additional fundraising support to identify support with core costs. BMDC Future Boost To provide football sessions for young people 16 - 25 years old. Garfield Weston To support the delivery of Scholemoor Youth Action Group and develop the offer further for young people living in Scholemoor. Getting Ready to Commute To deliver a cycling project for people who are unemployed or in receipt of benefits to assess their cycling and help them obtain a free bike. Provident Growing our Own To improve children's literacy and numeracy of children by taking children to the community allotment to grow and also cook their own fruit and veg. BMDC Healthy Holiday grant To provide holiday activities for children, in particular those on free school meals. Henry Smith Charity To support the running costs of the organisation. Keeping Healthy Keeping Active To deliver preventative activities for older people. City Connect Keyworker scheme to support use of bikes to and from work, Dr Bike sessions and route planning. Kings Coronation For a coronation celebration at the community centre. Leeds NHS Charitable Trust To work in partnership with People Matters and deliver wellbeing sessions and share learning. Power to Change resilience To support the staff team with cost of living, make the centre more energy efficient and provide support to the local community with their bills. Sir George Martin Trust To support the men's group. LCF Tackling Food Inequality To support the delivery of low cost food options to local people through the marketplace and community café. InCommunities To support work with Incommunities tenants and local people using the centre. Tudor Trust core grant To support the running costs of the organisation. Tudor Trust staff wellbeing To support staff wellbeing. UK Shared Prosperity Fund To provide low energy lightbulbs and food for the marketplace. Virgin Money Foundation To enable the centre manager to take part in the Leading the Way programme which is delivered with Power to Change. BMDC Warm Spaces To provide a safe, warm and welcoming space for people who are struggling with the cost of living. Local Care Direct To continue the 2 Wellbeing activities including a walking group. Greenmoor Youth Group To support the Scholemoor Youth Action Group.
13
## Scholemoor Beacon CIO
## Notes to the accounts continued
## for the year ended 31 March 2024
|**5 **
**6 **
**7 **
**8 **|**Tangible assets**
**Cost**
At 1 April 2023
Additions
At 31 March 2024
**Depreciation**
At 1 April 2023
Charge for year
At 31 March 2024
**Net book value**
At 31 March 2024
At 31 March 2023
**Debtors and prepayments**
Debtors
**Cash at bank and in hand**
Cash at bank
Cash in hand
Held as agent
Cash held at payroll company
**Creditors and accruals**
Accruals
Other creditors|£
-
-
-
-
-
-
-
-
Class 4|£
9,613
-
9,613
418
209
627
8,986
9,195
Leasehold
extension|£
224,886
-
224,886
14,352
4,784
19,136
205,750
210,534
Leasehold
extension|£
6,806
513
7,319
4,048
1,459
5,507
1,812
2,758
2024
£
7,630
7,630
2024
£
101,059
92
-
28,979
130,130
2024
£
9,594
1,092
10,686
Office
equipment|Total
£
241,305
513
241,818
18,818
6,452
25,270
216,548
222,487
2023
£
100
100
2023
£
127,573
79
(250)
22,091
149,493
2023
£
9,518
804
10,322|
|---|---|---|---|---|---|---|
14
## Scholemoor Beacon CIO
## Notes to the accounts continued
## for the year ended 31 March 2024
## **9 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.
## **Remuneration and benefits received by key management personnel**
The total employee benefits received by key management personnel were £33,492 (previous year: £38,107).
## **Other transactions with trustees or related parties**
||**Other transactions wi**|**th trustees or relate**|**d parties**||2024|2023|
|---|---|---|---|---|---|---|
||||||£|£|
||**Name of trustee**|**Relationship to**|**Description of transaction**||||
||**or related party**|**charity**|||||
||Kate Lawton|Trustee|Cleaning services||897|-|
||||||897|-|
|**10 **|**Funds held as agent**||Balance b/f|Incoming|Outgoing|Balance c/f|
||Youth worker funds||£
250|£
-|£
250|£
-|
||||250|-|250|-|
||**Fund name**|**Additional information**|||||
||Youth worker funds|Funds for a local authority youth worker who|||received external|funding for a|
|||specific project and was permitted||to use the|charity's bank account to hold||
|||the funds.|||||
15
## Scholemoor Beacon CIO
## Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2024
|2024
2023
Unrestricted Unrestricted
funds
funds
£
£
**Income**
Grants and donations
4,330
9,358
Fees, trips and fundraising
20,717
9,570
Other income
50
238
Bank interest
1,429
305
**Total income**
26,526
19,471
**Expenditure**
Salaries, NIC's and payroll costs
5,168
4,689
Freelance fees
827
10
Travel and transport
1,133
3
Trips, events and activities
127
257
Telephone and internet
261
127
Repairs and maintenance
247
4,442
Equipment and materials
672
1,129
Independent examination
1,594
648
Insurance
1,361
761
Food and refreshments
1,808
468
Other expenses
-
208
Advertising and publicity
117
-
Professional fees
-
575
IT support
-
-
Printing, postage and stationery
461
638
Rent and rates
60
179
Utilities and cleaning
193
548
Depreciation
6,452
6,323
Bad debts
180
-
Training
-
-
Volunteer expenses
183
230
**Total expenditure**
20,844
21,235
**Net income / (expenditure)**
5,682
(1,764)
**Transfers between funds**
513
1,009
**Net movement in funds**
6,195
(755)
**Fund balances brought forward**
296,962
297,717
**Fund balances carried forward**
303,157
296,962|2024
Restricted
funds
£
146,410
6,765
-
-
153,175
113,905
17,643
2,087
5,069
383
6,768
7,991
-
166
5,203
-
702
1,685
251
864
104
12,209
-
-
1,143
820
176,993
(23,818)
(513)
(24,331)
64,796
40,465|2023
Restricted
funds
£
141,090
1,023
-
-
142,113
107,902
14,986
334
3,918
636
3,556
8,986
870
395
4,986
-
225
3,204
222
803
169
6,679
-
-
1,088
178
159,137
(17,024)
(1,009)
(18,033)
82,829
64,796|2024
Total
funds
£
150,740
27,482
50
1,429
179,701
119,073
18,470
3,220
5,196
644
7,015
8,663
1,594
1,527
7,011
-
819
1,685
251
1,325
164
12,402
6,452
180
1,143
1,003
197,837
(18,136)
-
(18,136)
361,758
343,622|2023
Total
funds
£
150,448
10,593
238
305
161,584
112,591
14,996
337
4,175
763
7,998
10,115
1,518
1,156
5,454
208
225
3,779
222
1,441
348
7,227
6,323
-
1,088
408
180,372
(18,788)
-
(18,788)
380,546
361,758|
|---|---|---|---|---|
16