Burmantofts Senior Action CIO t/a Burmantofts Community Friends Charity number 1175661 Annual Report and Financial Statements for the year ended 31 December 2023
Burmantofts Community Friends Annual Report and Financial Statements for the year ended 31 December 2023 Contents Page Trustees, report 2to4 Examinerfs report Statement of financial artivities Balance sheet Notes to the accounts 8t0 17
Burmantofts Community Friends Trustees, report for the year ended 31 December 2023 Reference and administratlve details of the charity, its trustees and advlsors Charity name The legal name ot the charity Is "Burmantotts Senior Action CIO- but the charity operates tjnder the name "Burtnantofts Community Friend5" The trustees during the tinancial year and up to and including the date the report was approved were.. Narne Cllr Deriise Ragan Paul Kelly Donald Forrester Jean Stafford Tricia Gradys Moria Flynn Aghar Khan Alganesh Habtemariam Elaine Barrow Farooq Muzammal Posltlon Chair Dates TreasUr Appointed January 2023 Appointed June 2023 Appointed July 2023 Key personnel Tom Arrnstrong Position CEO Charity number Registered and principal address Lower Ground Floor 75B Stoney Rock Lane Leeds LS9 7T8 1175661 Registe in England and Wales Bankers Virgin Bank 94-96 Briggate Leeds LSI 6NP Independent examlner Paul Cowham FCA DChA Paul Cowham Accountancy Service Withinglon Wtsrks Wilhingttsn Baths 30 Burtor) Road Man¢hester, M20 3EB structure, governance and management The charity is a Charitable Incorporated Organisation {CIO} association fomied on 9 November 2017 a nd is governed by a constitution.
Burmantofts Community Friends Trustee5' report (continued) for the year ended 31 December 2023 Method of recruitment and appolntment of trustee5 The trustees of the charity are appointed by the members at the AGM. Objectives and activities The charitv's objects Every year Burmantofts Community Friends mission is to improve the lives of older people aged 55+ living in Burmantofts L59, East Leeds, and the surrounding areas. We work with older people, their families, carers and communities and aim to reduce social isolation, tackle poverty and help them to live independently and with the best life possible. The charity's main activities Burmantofts Community Friends (BCF) is a trading name of Burmantofts Senior Action, Charitable Incorporated Organisation (CIO) foojsed on the needs of people over 55 living in LS9 East Leeds. BCF has been in operation since 1995 and partners with key stakeholders such as Leeds City Council and the NHS. We offer prartical support for mental and physical wellbeing with daily activities, infomiation, advocacy, outreach,and support services. We are managed by a board of trustees with representation from the local area. The Charitv has 10 key objectives: Reduce social isolation and loneliness. Identify qaps in provision for support. Support older people to live independently. Promote social inclusion for all communities. Be an OLien and friendly place for local DeoDle to drop in. Improve diqital inclusion and aCsS to support. To improve the environment Whe older DeoDle live. Reduce the burden on NHS seNices by improving community care. Work with partner organisations who bring additional services lo our area. Be a force for good, championin9 the wishes and needs of older people. Public benefit statement In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Comrnission's general guidance on public benefit. Achievements and Derformance During 2023 we have made significant improvements to our marketing approach by incorporating a new working name, Burmantofts Community Friends, which has increased our appeal to the wider community and has helped us to increase local resident participation. We have significantly increased our trustee board members to 10, with the key positions of Chair, Vice-chair, TaSurer nd Company se¢tary all being filled. BCF has improved the management structure by promoting the Project Manager to Chief Executive Officer. This better reflects the duties and forward planning nature of the position. BCF now hosts more regular activities than at any time in it5 history. The CEO and trustees have developed a 5-year growth strategy that will support the future development of the organisation and encourate stability and growth.BCPs financial positlon s within our operational guidelines and one which trustees feel sets a solid foundation for future growth. BCF continues to focus its support on the most vulnerable members of our community with home visits, office appointments, gular social opportunities, one-off trip5 and events, outreach support on finance and benefits, and wellbeing telephone calls. Our partnership approach has enabled positive working relationships with other community-focused organisations. Our volunteer programme has agreed, and we have two new volunteer projects active travel and befriending.
Burmantofts Community Friends Trustees, report (continued) for the year ended 31 December 2023 Achievements and performance {continued) Our principal achivements during 2023 included.. l. Increased membership. We continue to work on increasing the reach and scope of our support services. 2. Developed and increased the staff team - all positions are occupied and thi5 means we can focus our work on expansion and quality improvement. 3. An increase in the number of community events and social activities offered. Examples of new groups include men's social, women's wellbeing. memory support. supported shopping and digital drop-in activities. 4. Volunteer expansion. One of our volunteer-led projects helps to support the most isolated individuals in getting out of their home and into the community. BCF has also increased the number of active volunteers in the organisation. 5. Health and wellbeing initiatives - as part of our work with the NHS on the Enhance contract, BCF has established a weekly health and wellbeing hub and a pain clinic where local people can receive practical health support from trained professionals. 6. Digital Snclusion as part of our main support strategy. digital inclusion is one of our pillars of support. Emphasis has been placed on digltal skills training in the community. Financial review Overall, there was a stjrplus for the year of E15,711. This was made up of a surplus under unrestricted funds of £53,638, and a deficity under restritted funds of £37.927. The charity grew by almost 50Wts over the year. and the trustees are pleased with the result. Reserves policy The charity's free reserves. excludino fixed assets. at the vear end were £95.290. Once a year the trustees of BCF 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 three months of operating costs, equating to E30k. Expenditure in 2024 is expected to be close to E300,000. The opening reserve of £95,290 is approximately 3.5 months. The difference has been used to cover the cost of unfunded staff hours. Approved by the board of trustees on 271(>912* D Ragan (Chair)
Burmantofts Community Friends Independent Examiner's Report to the trustees of Burmantofts Senior Attion CIO Va Burmantofts Community Friends I report to the charity trustees on my examination of the accounts of Bumiantofts Senior Action CIO for the year ended 31 December 2023 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 for my examination of the CIO'S accounts as carried out under sertion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Direttions 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 attentlDn 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 company as required by settion 130 of the Charities Act: 2 the accounts do not accord with those records: or 3 the accounts do not comply with the applicable qUirements 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 concems and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable a proper understanding of thp ac.cnuntg ta bg rpached. P1 Cowham Signed.. Name: Date: 4 September 2024 Paul Cowham Accountancy Withington Works Withington Baths 30 Burton Road Manchester, M20 3E8
Burmantofts Community Friends Statement of Financial Activities (including summary income and expenditure account) for the year ended 31 December 2023 Notes 2023 2023 Unrestricted Restricted funds funds 2023 Total funds 2022 Total funds Income from: Charitable activities Investment income Total income 84.089 30 84,119 153.931 238.020 30 238,050 163, 192 21 163,213 {41 153,931 Expendlture on: Charitable artivities Total expenditure Net income / (expenditure) for the year Transfers between funds Net movement In funds for the year 151 177 611 177 611 222 339 222,339 134 766 134,766 44,728 39.391 (23.680) 28,447 15,711 53,638 (37,9271 15,711 28,447 Fund balances brought forward Fund balances carried forward 111 087 126,798 95,290 31,508 111 087 All Incoming resources and resources expended derive from continuing artivbties.
Burrnantofts Community Friends Balance sheet as at 31 December 2023 2023 2023 Unrestricted Restricted 2023 Total 2022 Total Fixod assets Tangible assets Totsl fixed assets 1121 457 457 Current assets Debtors Cash at bank and in hand Total current assets 113) 603 6.730 7,333 120 962 128,295 2,831 109 185 112,016 96,217 32,078 Current liabilities: amounts falling due within one year Creditors and accruals Total current liabilities 1141 927 927 570 570 1,497 1,386 Net current assets / (liabilities) 95.290 31.508 126,798 110,630 Net as$ets 95,290 31,508 126 798 111,087 Funds Unrestricted funds Restricted funds Total funds 116) 115) 95,290 95.290 41,652 95.290 31.508 126,798 111 087 The flnancial statements were approved by the board of trustees on Date: Slgned.. (Treasurer) Name D Forrester
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 Accountlng policies The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the pparatIOn of the financial statements a as follows: a Ba51s of preparatlon These accounts have been prepared under the historical cost convention with items COOni5ed 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. b Preparation of the accounts on a going concern basls The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concem. c Inc¢me All incoming resources are included in the Statement of Finanoal ALtivtties (SOFA) when the Income from government and other grants, whether 'capital' grants or 'revenue' grants. IS recognised when the charity has entitlement to the ftjnds. any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not defer. Income received in advance of a provision of a specified service is deferred until the criteria for income recognitlon are met. Donated services and facilities Donated professional services and donated facilities are recognised as income when the charity On receipt, donated professional SeNiS and donated facilities a recognised on the basis of the value of the gift to the charity which is the amount the charity would have been wTrlling to pay to obtain services or facilities of equivalent economic benefit on the open market. corresponding amount is then recognised in expenditu in the period of Ceipt. e Int¢rest receivable Interest on funds held on deposit is included when re1vable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank. f Fund accountlng Unrestrirted funds are available to spend on activities that further any of the purposes of charity. Deggnated funds are Unstricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured liably. Expen¢Jiture is classified under the following artivity headings: Costs of raising funds a those costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds. Expenditure on charitable activities comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both the direct costs and support costs lating to such activits"es. Other expenditure represents those items not falling into any other heading. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was h Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly I Operating leases Operating leases are leases in which the title to the assets. and the risks and rewards of Tanglble fixed assets Individual fixed assets costing £250 or more a capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows: Fixtures and fittings Office equipment 4 years 4 years k Debtors Trade and other debtors a CogniSed at the settlement alnount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. I Cash at bank and in hand Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the dep051t or similar account. m Credltors and provision5 Creditors and provisions are recognised where the charity has a present obligation SuItIng from a past event that will probably result in the trnnsfer ol funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade rfisrniinfs diip. n Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic firlancial instruments. Basic financial instruments are initially recognised at transactron value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effettive InteSt method.
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) o Pensions Employees of the charity are entitled to join a defined contribution 'money purchase, scheme. Legal status of the charlty The charity is a Charitable Incorporated Oroanisation (CIO) and has no share capital. Income from charltable actlvlties unStrICted Restrirted 2023 2022 Leeds City Council Leeds Cornmunity Foundation (LCF) Leeds Older People's Forum {LOPF) Asda Leed5 Benevolent Society George Martin Trust Veolia Touchstone Wades Charity Windmill University of Leeds Damaso Ltd. Donations Givea Gift Space 2 Sky Department of Work and Pensions Other income Contributions and sales 60,906 32.989 24.954 55.936 93,895 24,954 57,236 61,506 29,371 23,999 1,000 21,500 3,000 1,000 700 4,000 1,900 1,900 5,000 650 1,300 20.000 3.000 20,000 3,000 3.000 1.000 3,000 1,000 866 868 4,900 4,500 3,300 1,567 280 19,520 4,900 4.500 3,300 1,567 280 19,170 350 7,666 Total 84,089 153,931 238,020 163,192 Total by fund 2022 16,466 146,726 163, 192 unstrICted Restricted Total 2022 Leeds City Counol (LCC) core funding LCC other grants £$ Community Foundation Ld5 Older People's Forum (LOPF) Asda George Martin Trust Leeds Benevolent Souety Veolia Touchstone Wades Charlty WNndmill univeitY of Leeds Darnasq Ltd. Donations Contributions and sales 60,406 800 29,371 23,999 1,000 3,000 21,500 1,000 700 4.000 950 60,406 I,ioo 29,371 23,999 1,000 3,000 21.500 1,000 700 4,000 1,900 1,900 5,000 650 7,666 300 950 1.900 5,000 650 7.666 Total 16,466 146,726 163,192 io
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) Investment Income UnstrICted Restrirted 2023 2022 Income from bank deposits 30 30 21 30 30 21 AnalysSs of expenditure on charitable activities Total 2023 Total 2022 Staff costs Accommodation Project costs Governance costs (see note 6) SupDOrt costs (see note 6) 121,361 7,590 42,803 11,003 39,582 88,089 2,473 11,196 1,980 31,028 222,339 134,766 2023 2022 Restricted expenditure Unrestricted expenditure 177,611 44,728 133,266 1,500 222,339 134,766 Analysis of governance and support costs Basis of apportionment Support Govemance Total 2023 Staff costs Office costs Independent examination Legal and professional Time spent Staff hours Staff hours Staff hours 18,838 20,744 18,838 20,744 800 10,203 800 10,203 39,582 11,003 50,585 Basis of apportionment Support Goveman Total 2022 Staff costs Office costs Independent eXaMinatn Legal and professional Tinje spent staff hou staff hou Stsff hou 11,454 19.574 11,454 19,574 1,386 594 1,386 594 31,028 1,980 33,008 li
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 {continued) 14et Income/(expendlture) for the year This is stated after chargingllcrediting): 2023 2022 Depreciation Independent examiner's fee 827 1,386 800 Staff cost$ staff costs during the year were as follows- 2023 2022 Wages and salaries Socia1 security costs Pension costs Payroll charges and recruitment Training and travel 125,342 5,216 7,088 1,255 1,298 88,661 7,024 4,765 840 4,245 140,199 105,535 Allocated as follow5: Charitable artivities Support costs 121.361 18,838 94,081 11,454 140, 199 105,535 No employees has employee benefits in ex$$ of É60,000 {2022- Nill. The average number of staff employed during the period was 6 (2022: 5). The average full time equivalent number of staff employed during the peri¢xl was 4.4 {2022'. 3.4). The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity Yrfe £35,901 12022.. £33.912). Trustee remuneration and expenses, and related party transactions Nelther the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2022.. Nil). No members of the fflanagement committee received trdvel or subsistence expenses during the year (2022:£0). There are no donations from related parties which are outside the normal course of business and no restricted donatÈons from related parties. No tnjstee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees. during the year12022'. nil). 12
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) 10 Government grants The government grants COgnISed in the accounts We as follows.. 2023 2022 Leeds City Council 93.895 61,506 93,895 61,506 There were no unfulfilled conditions and contingencies attaching to the grants 11 Corporation tax The charity is exempt from tax on income and gains falling within Chapter 3 of Port 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objerts. No tax charges have arisen in the charity. 12 Flxed assets: tangible assets Fixture5 & fitting5 IT Equipment Total Cost At l January 2023 Additions 1.847 1,456 3,303 At 31 Decernber 2023 1.847 1,456 3,303 Depreciation At l January 2023 Charge for the year 1,390 457 1,456 2,846 457 At 31 December 2023 1.847 1,456 3,303 Net b¢)ok value Al 31 Oecember 2023 At 31 December 2022 457 457 13 Debtors 2023 2022 Debtors Prepayments 6.810 523 2,480 351 7.333 2,831 13
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 {continued) 14 Creditors: arnounts falling due wlthln one year 2023 2022 Other creditors and accruals 1,497 1,386 1.497 1,386 15 Analysis of movements in restricted funds t5aiance at 31 December 2023 Balance at l January 2023 Income Expenditure Transfers Advancecare Asda Covid response Digital sUPPOrt projects Enhance Gardening Group George Martin Trust 500 (500) (524) (5,000) 524 5,000 9.840 1,211 29,728 43,071 1,000 3,000 (20,103) (35.393) (1.000) (4,481) (5,722) (7,038) 13.743 1,851 1.481 Hatchwell Jimbo's Fund LCC ASC Leeds Benevolent Society Let's Talk Transport Lunch Clubs MICE Resilience Sky Stay Well This Winter Taxi East Trips Fund Wades Wellbeing Fund 4,900 {4,043) {2,892) (38,735) {857) 2,892 38.735 8.348 424 3,255 loo 20,000 (20,317) 1424) (3,405} {ioo) {13,9411 (3,300) {10.975) (67) { 1,352) {6,514) {4,545) 8,031 4.685 300 15,000 3.300 12,365 4,535 300 1,059 1,229 67 (630) 1,989 1,352 3,000 6,730 3,514 (2,185) Total 69,435 153,931 (177,611) {14,247) 31,508 14
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) 15 Analysls of movements in restrirted funds (continued) aiance ai 31 December 2022 Balance at l January 2022 Previous reportin9 pej Income Expenditu TransfeR5 Asda Mencap Leeds Covid response 100% digital Enhance Gardening fund George Martin Trust Jimbo s Fund jubil Party LCC ASC Leeds Benevolent Society Leeds Quaker Meeting fund Lunch Clubs 1,010 1,445 7,742 1,000 (1,486) (1,445) (7,742) (660) (19,413) (612) (1.519) (7,312) (5,927) (56,541) 524 10.500 22,499 9,840 1,211 (1.875) 612 3,000 10,828 5,927 60,406 1,481 2,892 (624) 34,870 38,735 20,000 (11.652) 8,348 228 2,296 (228) (1.657) 2,616 3,255 NICE RERF Let's falk Transport TaKi East Touchstone Trips Fund Wades Wellbeing Fund Stay Well This Winter wrpc Comm55ioner 400 1.000 1,500 400 700 950 4,000 (300) (1,000) (1,076) (333) (700) (1,568) (486) (2, 185) (8.641) (783) loo 424 67 618 3.514 (2,185) 1.229 8,870 783 1,000 Total 58,474 146,726 (133.266) (2,499) 69.435 15
Burmantofts Community Friends Notes to the accounts for the year ended 31 December 2023 (continued) 18 Analy$is of net assets between funds General fund Restricted funds Total Tangible fixed assets Net current assetslllrabilities) Creditors of more than one year 95,290 31.508 126.798 Total 2023 95,290 (14,247) 126,798 Genernl fund Restrirted funds Total Tangible fixed assets Net current assets/(liabilities) CditO of more than one year 457 41. 195 457 110,630 69,435 Total 2022 41,652 69,435 111.087 19 Contingent assets There were no contingent assets. 20 Contlngent liability There We no contingent liabilities. 21 Post b31ance sheet events There We no significant post balance sheet events. 17