2022-12-31-accounts - Burmantofts Senior Action CIO

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Burmantofts Senior Action CIO

Charity number 1175661

Annual Report and Financial Statements

for the year ended 31 December 2022

Burmantofts Senior Action CIO

Annual Report and Financial Statements for the year ended 31 December 2022

Contents	Page
Trustees' report	2 to 4
Examiner's report	5
Statement of financial activities	6
Balance sheet	7
Notes to the accounts	8 to 14

Prepared by West Yorkshire Community Accountancy Service CIO

Burmantofts Senior Action CIO

Trustees' report for the year ended 31 December 2022

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 Chair

Cllr Denise Ragan Paul Kelly Donald Forrester Jean Stafford Tricia Gradys Moira Flynn Asghar Khan Alganesh Habtemariam

Appointed 5 October 2022 Appointed 1 September 2022

Treasurer

Appointed 22 March 2022 Appointed 13 July 2022 Appointed 13 January 2023

Charity number

1175661

Registered in England and Wales

Registered and principal address

Lower Ground Floor 75A Stoney Rock Lane Leeds LS9 7TB

Bankers

Virgin Money 329 Harehills Lane Leeds LS8 5BW

Independent examiner

E J Beverley 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) association formed on 9 November 2017 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.

Objectives and activities

The charity's objects

To relieve those who are in need by reason of their old age in the Burmantofts and Richmond Hill Ward and the neighbouring areas of the metropolitan district of Leeds in such ways as the trustees shall think fit, in particular, but not exclusively by: the provision of activities, support and services to enable them to live independent lives in their own homes, reduce isolation and poverty and promote safe and healthy living.

Burmantofts Senior Action CIO

Trustees' report (continued) for the year ended 31 December 2022

Objectives and activities (continued)

The charity's main activities

Burmantofts Senior Action CIO (BSA) mission is to improve the lives of older age people (60+) in and around the area of LS9 East Leeds. BSA helps older people to live independently in their own home, find alternative appropriate accommodation, reduce social isolation and loneliness through social groups, events, and trips, promote healthy life choices, and assist with individual support. BSA works in partnership with health, social and charitable organisations in the local area and city wide. We celebrate the individual, what they have achieved in life and what they still want to achieve now; aiming to strengthen participants to be valued members of the local community.

BSA aims to:

l Relieve social isolation and loneliness.
l Identify gaps in provisions for support.
l Support older people to live independently.
l Promote social inclusion for all communities.
l Be an open and friendly place for local people to drop in.
l Improve the previsions of digital engagement in the area.
l Try to improve the environment where older people live.
l Reduce the burden on NHS services by supporting community care.
l Work with partner organisations who bring additional resources to our area.
l Be a force for good, championing the wishes and needs of older age people.

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.

Achievements and performance

During 2022 BSA has significantly strengthen its approach and services. The staff team entered its first full year under the management of Tom Armstrong as Project Manager and the team has grown to 6 members of staff. Thanks to the dedication and support of its Chair the Trustee board has grown to 8 people, including many people from the local area. BSA was not immune to the further challenges in 2022 including challenges on fundraising. However, we are pleased to report that the year saw BSA return a stable financial position and one the trustees feel sets a solid foundation for future growth. BSA continues to support the most vulnerable members of our community with wellbeing telephone calls, home visits, one-off trips and events, outreach support on finance and benefits, and food and essentials help where needed. Our partnership approach, working with other community focused organisations continues to showcase good results, as does our increased focus on volunteering.

Burmantofts Senior Action CIO

Trustees' report (continued) for the year ended 31 December 2022

Financial review

The net income for the year was £28,447, including net income of £17,486 on unrestricted funds and net income of £10,961 on restricted funds.

Reserves policy

The charity's free reserves, excluding fixed assets, at the year end were £41,195.

Once a year the Trustees of BSA consider the level of reserves that it is prudent for the organisation to hold. Consideration is given to redundancy liabilities, lease agreements and any other significant factors that should be taken into account if the organisation were to close. This is currently set to 3 months of operating costs, equating to £30k.

Approved by the board of trustees on 08/08/2023

D Forrester (Trustee)

Burmantofts Senior Action CIO

Independent examiner's report to the trustees of Burmantofts Senior Action CIO

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 December 2022, which are set out on pages 6 to 14.

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.

E J Beverley FCCA

10/08/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Burmantofts Senior Action CIO

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 December 2022

Notes 2022 Unrestricted funds £ Income from: Grants and donations (2) 8,800 Bank interest 21 Contributions and sales 7,666 Total income 16,487 Expenditure on: Staff and volunteer costs Salaries, NI and pension (3) - Seconded staff - Redundancy - Payroll charges and recruitment - Agency staff - Staff travel - Staff and volunteer training and expenses - Premises and administrative costs Rent - Building security - Utilities - Repairs, maintenance and minor equipment 176 Insurance 357 Independent exmination - Telephone - Memberships and subscriptions - Printing, photocopying, postage and stationery - Other administration costs - Charitable activities: direct costs Events and activities 39 Hospitality 22 Marketing and publicity - Room hire 79 Grants refunded - Depreciation 827 Review costs Professional fees - Business plan review - Total expenditure 1,500 Net income / (expenditure) 14,987 Transfers between funds 2,499 Net movement in funds 17,486 Fund balances brought forward 24,166 Fund balances carried forward (4) 41,652	2022 Restricted funds £ 146,726 - - 146,726 94,458 - - 840 - 2,833 1,412 4,400 442 2,066 2,189 771 1,386 1,862 216 1,543 4,725 6,583 2,216 2,336 2,394 - - 594 - 133,266 13,460 (2,499) 10,961 58,474 69,435	2022 Total funds £ 155,526 21 7,666 163,213 94,458 - - 840 - 2,833 1,412 4,400 442 2,066 2,365 1,128 1,386 1,862 216 1,543 4,725 6,622 2,238 2,336 2,473 - 827 594 - 134,766 28,447 - 28,447 82,640 111,087	2021 Total funds £ 99,989 3 201 100,193 41,033 5,357 4,580 411 1,126 652 343 4,400 524 532 1,344 1,065 600 1,409 201 374 2,297 2,809 265 997 50 4,699 827 800 3,850 80,545 19,648 - 19,648 62,992 82,640

All incoming resources and resources expended derive from continuing activities.

Burmantofts Senior Action CIO

Balance sheet

as at 31 December 2022 2022 Unrestricted £ Fixed assets Tangible assets (5) 457 Total fixed assets 457 Current assets Debtors and prepayments (6) 2,831 Cash at bank and in hand (7) 39,750 Total current assets 42,581 Current liabilities: amounts falling due within one year Creditors and accruals (8) 1,386 Total current liabilities 1,386 Net current assets / (liabilities) 41,195 Net assets 41,652 Funds Unrestricted funds 41,652 Restricted funds - Total funds 41,652	2022 Restricted £ - - - 69,435 69,435 - - 69,435 69,435 - 69,435 69,435	2022 Total £ 457 457 2,831 109,185 112,016 1,386 1,386 110,630 111,087 41,652 69,435 111,087	2021 Total £ 1,284 1,284 5,731 76,267 81,998 642 642 81,356 82,640 24,166 58,474 82,640

The financial statements were approved by the board of trustees on 08/08/2023

D Forrester (Trustee)

Burmantofts Senior Action CIO

Notes to the accounts

for the year ended 31 December 2022

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, 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 £250 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: Fixtures and fittings: over 4 years IT equipment: over 4 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.

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.

Burmantofts Senior Action CIO

Notes to the accounts continued

for the year ended 31 December 2022

2 Grants and donations Leeds City Council (LCC) core funding LCC other grants Leeds Community Foundation (LCF) Mencap Leeds Leeds Older People Forum (LOPF) Volition Leeds Asda Leeds Convalescent Society Housing Advice George Martin Trust Leeds Benevolent Society Leeds Quakers Veolia Touchstone Wades Charity Windmill West Yorkshire Police Commission University of Leeds Damasq Ltd Donations 3 Staff costs and numbers Gross salaries Social security costs Pensions	2022 Unrestricted funds £ - 300 - - - - - - - - - - - - - 950 - 1,900 5,000 650 8,800	2022 Restricted funds £ 60,406 800 29,371 - 23,999 1,000 500 - 3,000 21,000 - 1,000 700 4,000 950 - - - - 146,726	2022 Total funds £ 60,406 1,100 29,371 - 23,999 1,000 500 - 3,000 21,000 - 1,000 700 4,000 1,900 - 1,900 5,000 650 155,526 2022 £ 88,661 7,024 4,765 94,458	2021 Total funds £ 80,164 3,000 4,881 4,750 4,000 2,000 1,000 - - - - - - - - - - 194 99,989 2021 £ 39,147 - 1,886 41,033

The average number of employees during the year was 5, being an average of 3.4 full time equivalent (2021: 1.4, 1 FTE). There were no employees with emoluments above £60,000.

Defined contribution pension scheme

Costs of the scheme to the charity for the year

2022	2021
£	£
4,765	1,886

Burmantofts Senior Action CIO

Notes to the accounts continued

for the year ended 31 December 2022

4 Restricted funds Balance b/f £ Asda 2022 - Asda Christmas party 1,010 Mencap Leeds 1,445 Leeds Convalescent Society - Covid response 4,000 100% Digital - Enhance - Gardening Fund 612 George Martin Trust - Jimbo's Fund - Jubilee Party - LCC ASC 34,870 LCC Covid-19 harm minimisation 3,742 Leeds Benevolent Society - Leeds Quaker Meeting fund 228 Lunch Clubs 2,296 MICE - RERF - Let's Talk Transport - Taxi East - Touchstone - Trips Fund 618 Unrestricted - Wades - Wellbeing Fund - Windmill - Stay Well This Winter 2021 2,500 Winter warmth 2019 6,370 Leeds Benevolent Society - WYPC Commissioner 783 58,474	Incoming £ 1,000 - - 500 - 10,000 22,499 - 3,000 10,828 5,927 60,406 - 20,000 - 2,616 400 1,000 1,500 400 700 - - 4,000 - 950 - - 1,000 - 146,726	Outgoing £ 476 1,010 1,445 500 4,000 160 19,413 612 1,519 7,312 5,927 56,541 3,742 11,652 228 1,657 300 1,000 1,076 333 700 618 - 486 2,185 950 1,271 6,370 1,000 783 133,266	Transfers £ - - - - - - (1,875) - - (624) - - - - - - - - - - - - - - - - - - - - (2,499)	Balance c/f £ 524 - - - - 9,840 1,211 - 1,481 2,892 - 38,735 - 8,348 - 3,255 100 - 424 67 - - - 3,514 (2,185) - 1,229 - - - 69,435

Notes to the accounts continued for the year ended 31 December 2022

Burmantofts Senior Action CIO

4 Restricted funds continued

Purpose of restriction

Fund name Asda 2022 Asda Christmas party Mencap Leeds

Asda 2022 To fund a Christmas party and New Year celebration. Asda Christmas party For holding a Christmas party but used for an event in March 2022. Mencap Leeds To provide support to clinically vulnerable people most impacted by social distancing measures. Leeds Convalescent Society To fund IT classes. Covid response To support work during the pandemic. 100% Digital IT equipment and furniture. Enhance This is a city wide project to support to support older people once they have been discharged from hospital. The transfer relates to management fees.

Gardening Fund Funds from the Housing Advice panel and other contributions. George Martin Trust To support the production of activities and a newsletter. Jimbo's Fund To support a volunteer expansion programme. The transfer relates to management fees. Jubilee Party Towards the cost of a Jubilee Party. LCC ASC For staff salaries and project manager remuneration. LCC Covid-19 harm minimisation To address the challenges older people face which have been exacerbated by the pandemic. Leeds Benevolent Society To fund an outreach worker. Leeds Quaker Meeting fund Towards printer/copier costs and updating financial management package. Lunch Clubs Towards the costs of running Lunch Clubs. MICE Towards the cost of office supplies. RERF To fund a trip to the recycling centre. Let's Talk Transport Part of a city-wide initiative to improve transport for older people. Taxi East To fund taxis for members whilst the Access Bus was unavailable. Touchstone To fund 2 trial group sessions. Trips Fund Towards trips. Wades Towards the cost of trips. Wellbeing Fund Towards the cost of office improvements. This fund is paid in arrears when the grant is fully spent. Windmill Towards the cost of trips. Stay Well This Winter 2021 Towards the Staying Warm this Winter project. Winter warmth 2019 Towards Winter warmth activity costs. Leeds Benevolent Society Funding from Leeds Benevolent Society for Single Ladies to fund winter warmth packs. WYPC Commissioner Towards the Safer Communities project.

Burmantofts Senior Action CIO

Notes to the accounts continued

for the year ended 31 December 2022

5 6 7 8	Tangible assets Cost At 1 January 2022 Additions At 31 December 2022 Depreciation At 1 January 2022 Charge for year At 31 December 2022 Net book value At 31 December 2022 At 31 December 2021 Debtors and prepayments Debtors Prepayments Cash at bank and in hand Cash at bank Cash in hand Creditors and accruals Creditors Accruals	£ 1,847 - 1,847 924 466 1,390 457 923 IT equipment	£ 1,456 - 1,456 1,095 361 1,456 - 361 2022 £ 2,480 351 2,831 2022 £ 109,004 181 109,185 2022 £ - 1,386 1,386 Fixtures and fittings	Total £ 3,303 - 3,303 2,019 827 2,846 457 1,284 2021 £ 5,375 356 5,731 2021 £ 76,012 255 76,267 2021 £ 42 600 642

Burmantofts Senior Action CIO

Notes to the accounts continued

for the year ended 31 December 2022

9 Related party transactions

Donations from trustees and related parties

The total aggregate value of unconditional donations to the charity from the trustees or related parties was £150 (2021: £nil).

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 £37,196 (previous year: £15,636).

No trustee received any remuneration or benefit in this capacity during this or the previous year.

10 Operating leases

Within one year In the second to fifth years inclusive Expected future minimum lease payments over the remaining life of the lease, analysed into the period in which the commitment falls due:	2022 £ 1,467 - 1,467	2021 £ 4,400 1,445 5,845

Burmantofts Senior Action CIO

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 December 2022

2022 2021 Unrestricted Unrestricted funds funds £ £ Income Grants and donations 8,800 3,194 Bank interest 21 3 Contributions and sales 7,666 201 Total income 16,487 3,398 Expenditure Staff and volunteer costs Salaries, NI and pension - - Seconded staff - - Redundancy - - Payroll charges and recruitment - - Agency staff - - Staff travel - 24 Staff and volunteer training and exps - - Premises and administrative costs Rent - - Building security - - Utilities - - Repairs, maintenance and minor equip. 176 372 Insurance 357 - Independent exmination - - Telephone - - Memberships and subscriptions - - Printing, photocopying, post and stat. - - Other administration costs - 150 Charitable activities: direct costs Events and activities 39 794 Hospitality 22 - Marketing and publicity - - Room hire 79 - Grants refunded - - Depreciation 827 827 Review costs Professional fees - - Business plan review - - Total expenditure 1,500 2,167 Net income / (expenditure) 14,987 1,231 Transfers between funds 2,499 - Net movement in funds 17,486 1,231 Fund balances brought forward 24,166 22,935 Fund balances carried forward 41,652 24,166	2022 Restricted funds £ 146,726 - - 146,726 94,458 - - 840 - 2,833 1,412 4,400 442 2,066 2,189 771 1,386 1,862 216 1,543 4,725 6,583 2,216 2,336 2,394 - - 594 - 133,266 13,460 (2,499) 10,961 58,474 69,435	2021 Restricted funds £ 96,795 - - 96,795 41,033 5,357 4,580 411 1,126 628 343 4,400 524 532 972 1,065 600 1,409 201 374 2,147 2,015 265 997 50 4,699 - 800 3,850 78,378 18,417 18,417 40,057 58,474	2022 Total funds £ 155,526 21 7,666 163,213 94,458 - - 840 - 2,833 1,412 4,400 442 2,066 2,365 1,128 1,386 1,862 216 1,543 4,725 6,622 2,238 2,336 2,473 - 827 594 - 134,766 28,447 - 28,447 82,640 111,087	2021 Total funds £ 99,989 3 201 100,193 41,033 5,357 4,580 411 1,126 652 343 4,400 524 532 1,344 1,065 600 1,409 201 374 2,297 2,809 265 997 50 4,699 827 800 3,850 80,545 19,648 - 19,648 62,992 82,640