Charlty RwJ18tratlon No 1188520
Compny Reglstration P40 11707660
Contsnts
th• y¢4r Mded 31 Deethb•r2023
Bedford Blues Foundation
10

Bedford Blues Foundatlon
Trustees. report
For the year ended 31 December 2023
The trustees are plcascd to prcsent their annual diff¢tors' reporL togth with the fina￿111 s¢atrmeDts of th¢
charity for the year to 31 Ikcember 2023 which arc also prepared lo meet the requsrcments for a dir¢ctors' rwrt
end accounts for Companxe$ Act pu￿09e$.
The fin￿¢1￿ statanents cc*npty with the awtties Art 2011. thc Companies Act 21)06, the Menbxondum
Articles of As80ciation, aNI thc thaTitiu Ststement of Re¢orn￿ Practi¢e (applicable to clwitie8 prwin8
their accowits in aecordonee with the Financi•l Reports￿ sta￿1•rd ¥plic8bJ¢ in th¢ UK and Republic of Ireknd;
FRS 102) i￿lled in October 2019.
Objettlvu Ind a¢dvhl
The purps¢s •nd objectives of the cbarity ar¢."
to iyomote C￿mmUnty participation in healthy re¢r¢4tioth by wmryding f•cilitiU for plryiD8 n￿bY UDion
football ('f4eilitie8" rn¢•￿ equipment and or8anizin8 wting acliviti¢s);
to provide 4nd *sisi in pwvidimg opporbJnitiH for other spori re¢T¢ation or other leisure lim¢ o¢¢upation
of wch persons who hav¢ n¢cd for suth f¥ilities by Teajon of their youth, ftg¢. infirniity OT di8abl¢ment,
poverty or soci81 and ￿onI)mi¢ ¢Ir¢uM#•￿ or fw the publi¢ at * iti the ititerets of wcial w￿r￿¢
d with th¢ of impThng their L¥mditioN of lrfe.
to advance such charitable puTroxs (￿¢￿￿n8 to the law of En8lwMI W￿¢1) ￿ the tru￿ ￿ fit
In xtting the charity's objectives and plannin8 th¢ xtivitie8. the ¢ruthu have e¢)nsidered the Chrity
Commissi¢n'$ 8uid•n¢¢ on publi¢ bthefiL
The obic¢tive$ •re Ixin8 pwsu¢d Ilrou8h the following strategies.
facilitatin8 the pl4yiD8 of ￿&bY and th physAcal I￿v(￿ re¢mtion athxtKs.
providitig facilitie5 for the plAyin8 of spths cyble of improving hulth in to promo1¢ hmlthy li
ethicate thildrcn a￿5 young people (ittlUd￿g their •¢adcDNC. social and ph￿1￿1 ethKation •nd skills
training) throu8h sport. r¢crcalioN Icimu¢ tim¢ activities arma such other means ￿ the trusleeB think fit.
host workslKy arAd 8imil*r se8sions desipKd lo communic*e and deliver the aims of th¢ ch•Tity.
Or8anisin8 challenges in whi¢h people ¢•n p*trip*te ￿ the level of their ability in order to rnise fimds
for the charity and prixnote the meuage of buildin8 weifoein8, Inch￿1Vity and skilb.

Bedford Blues Foundation
Trustees, report
For the year ended 31 December 2023
A¢hlevem¢Dt8 perform*D¢e
Overvle
2023 wa5 another excitin8 year of development for our charity, cottsiderabty incrt4sin8 our supwrt to youThg
p¢ople in B¢dford and achieving our chwiry's aims aTMI objectives. In our fouth operational year, we reached
3.790 young peopl¢ across a variety of pN)grammes and community focustyj itileryentions in Bedfordshire. We
r¢ath¢d thes¢ youn8 people through our two d¢liv¢ry me¢h•nism4 ow outtexh pro8r8mmes and community
ru8by pro8rommes.
This ¢T￿t￿ challenges thTDugh the year on balancin8 the increa8e in demand against the quality and impacl of
ovr d¢livory pro8fAmm¢s. To mana8¢ thi4 wc extended our delivery te￿￿ ￿To$S both departsnents and r¢cruit¢d
d¢gre¢ appr¢mtice for the frst timo. We continued to work closely with our stratssxc partners including BedfLYd
Blue4 the Polic¢ and Crime Commi8sion¢r. B¢dford C(wn¢il aod Chiltern LAarnin8 Th
ImpAet
We are deli8ht¢d to hav¢ reaclKd over 3.790 children and youn8 people thr(w8bout the year. Ills represeJ)ts
another siwjificant step fonvard for u4 incre4sin8 our Ttach by over 1,400. There were various reasons lor this
incrnase. includin8 the frst full year of dtliv¢ry sin¢¢ Blues C(rfnmunity m¢¥ged with our eharty in April 2022.
During this period our team r¢branded several programmes iacluding Rugby and R¢adin& as well as the
introduction of our 8irl's pro8ramm¢ throu8hout B¢dfiTd 8¢C4￿￿￿ry school8.
Both our Community Rugby and Outreath departrnents have Se￿ incr¢*w in th¢ir rea￿ ¢otttribuiin8 to our
overall impacL Our 2023 rexh in numbers has beon as folk>ws:
3.790 young pwl¢ reach throu8h our pro8rammcs.
13.470 throughput (number of unique visits to our ge￿I0￿S).
55Yo m81¢s 145•A Female5.
48Yo from d¢priv¢d wanls in Bcdf(Ydshire.
32.501• from a culturally divcr8e cthnmutiity.
19Yo With a dis&bilAty.
3,148 ¢hildren (within the 3.790) experienced our community TU8by deparbnent and pro8ramm¢s throughout the
ye4r Bedford Borough and Central Bedf￿Sh1re. With the Women's World Cup comin8 to Fnglgnd in
2025. we are seein8 opportunitie$ f(K 8irls to play rn8by which has been a focus of our community rugby le8m.
Working alongside sfftx S￿000￿ s¢hools acro88 Bdford friTr January lo Mwch. w¢ d¢liv¢r¢d 6 weeks of
coaching for year 8 clis¥e4 culminating in an inclusive fextival for all p4rtieipant$. This ensureAI that each 8irl in a
Year 8 cl&s5 reached and could experi¢nce the sporL A¢ros$ th¢ delivery. each gtoup was given an
introduction to rngby. the fundamenthl skills nceded and a #tep by step guide to t4￿￿¢t rugby in a Safe and
¢￿trOlled environment. Some participants Said:
. Ih4Tre lolJ ofnewfrlendsfvm oiher scknoLf I mtTrwgedio score 4 trles whkh 15 sonxihlngl
¢0￿d￿ i do before. I hope to ¢onlinueplaying nwby now and wanl tofind oyl TrH)re abo* o dub io jon
The ￿h¢S were rea1tyg0￿andwn￿ go oytside my comfvrtzonel

Bedfonl Blues Foundation
Trustees. rnport
For the year ended 31 December 2023
ImpA¢t (conllnued)
'Thls Iw been myfirJt werieNce oIn￿Y and l ffjloy IL going ts ty t*)* ts outside ol
schooL'
Our outreach teAm ¢￿I]n￿￿ to m4k¢ 8i8nificant strides f￿&T4 suppitin8 yoiing p¢oplc from ¥e¢ondBry
hools within disthantaged areas of BedfLYdshire. Our outr¢•th prO8T*ttttll￿ foGus on usiog n￿ty5 ¢oT¢ vilues
to address chall¢ng¢s with attaiDm¢nt in sch￿1 and b￿￿VIoUr. &8 Thrll •8 combat i&8ues with rn•ntal and phy6iC41
wellbein&
Our Tackje IJFE program¢ uses sport a8 a t(K)I to develop soft skill$ in young t¢¢n4geJs who might strug81• to
develop these areas in Khool. SewDdary ￿h(M)IS refer thex students to the prowm¢ and our Hub at
Goldin8ton Road where they exptrien¢¢d a variety of gFK)rt4 metttoring And visits fr(xn external providw5.
ThrouglK)Ut 2023. we saw 88 young people thr￿8￿ Tackle LIFE, 65% male ODd 35•A female. 7Ph of th¢$¢
Pthicipants lived within d¢priv¢d wardq in Bcdford and 54% were from culturnlly div¢rse communiti￿.
OUT f¢niwlc {￿]Y proyamme Be You emb¢dd¢d acTOSS a Dumber of school8. The pr08r￿e was designed by our
f¢mthle colleagues workitig at the Foundation, for fcmal¢s strngg)in8 with anxieties Ind confide4tt to d¢v¢lop 50ft
skills. B¢ You focuse8 on boostin8 wlliK)W¢lln¢lJt and providing &n outjet fLY youn8 women to expyess themselves
ond discover n¢w skius and talents during their time on th¢ pro8Twnm¢, Across 2023 we 8aw 64 girls on the
pro8ramme. 4￿/• with a disabllity. 35% frixll ¢Ul￿raIfy div¢n¢ communities and 68% fr(qn derrived wards in
Bedford.
Our ABII.ITY Blu¢s inclusive sport programme continued to suppcvt children with a disnbility get more active.
We So participants through the pro8r4mme. 75Y• were mak ttTh135% cwne from dwivod wards
Bedfordshire. On¢ p￿¢￿t said..
"Lu¢y lJHsi wotted io say a thank I*￿ lo >Y>wSeh￿ all ihe ¢￿h¢1 andpreJen(
wkn made It so eryoyable. Re¥ben reauy develwdpersonally soclally ow lh¢ lime he'j
been doing M￿l￿pOrt ihth is in no SH￿11p￿ down k> thEfrlrndshipJ hf'i wilh ewryone on
TIMffJday even￿8j. '
Plans for th¢ future and Jtrate8le pknnnlDZ
The chvity is now plaDJ)in8 f(Y 2024- 2027 and strncthriti8 A str•te8ic plan that fiKuses on high quality 8ervice8
d strong rehtionshipj. With 4 srftled staffing 8tructsJre, we are now ai¥)ut to w￿k on long terni funding option5
and services that cre* a18Stin8 impaci wilh participants. Our new strategy vlill xt ambitious targets whilst
¢nablin8 grown in a controlld way. Unthrplnn￿ by a sound p¢opk plan and operntional eX￿lleD￿.
Financial Revi¢TV
Unrestridoa incom¢ amounted to £196.143 for tht yev (2022: £301,182) •nd re*icted income was £119,705
(2022". £72.868), Of the total income, £61,424 was inc(WD¢ from dontitiow* (2022: £95 J61) and £254.424 was
grant and crther charitsblc in¢omc (2022: £237,527). Totd expenditure was £341339 (2022: £304,016) of which
£243,916 was uDr¢strideAJ (2022: £220,618) aThl £98.423 re5trith￿ (2022: £83J98).
At the year end total utiresthct&4 fimd% wtte £65.672 (2022: £117.495) •d r¢thiC￿l fimd8 were £83,716 (2022:
£58.384).

Bedford Blues Foundatlon
Trustees, report
For the year ended 31 December 2023
2023 athbled us to roll out a sec￿￿ yeu of ow fiuthiDB pl￿ with no r¢5tr1c4i￿ taking th¢ from
2022. Our goal is to strengthen our unrestricled resrn to wovid¢ •t kast a six month bufftt to enable LM
8Tity to kn sugt8inabk. 2023 saw significant investment in our t¢Jm* growin8 our c￿ll￿tty Tugby deprthent
attd investing in our team's pers(*￿1 developnenL creating On ¢nvironment for ¢acb m¢mber of 5tsff to yow ID
thw roles and our or8Anisolion. Our income •xceeded £315,848 ￿lS￿1x1 with our tsrsds and was secured througb
Re8erveJ Polky
It is the poli¢y of the trustees to hold available reserv¢8 r¢weyentin8 a mititmum of thr¢¢ of G¢n¢rnl Fund
nditure. with A tar8¢t to increas¢ this to six month4 in to a￿Ur¢ the a(aivities of the charity c
crntinu¢ in the event of any variation in fimding. Six months of reserv¢8 equals aFwoxiDut¢ty £125,000. At 31
Dxember 2023 the frec reserves of the clwity were £65,672 (2022: £117.495). Th¢ kvel of reserve5 held
1$ thqefor¢ slightty hi8her tha)) the desired mittimurn lev¢1 and sl¢p8 are being tak￿ to E￿Ik1 ftte rtXTves further
towards th¢ 14rget level of six months by rethinin8 UDrestrirt¢d fimds in the shryt te¥m. The trust¢es
monitorins the level of resuves ￿ an (m80in8 h8is fxknitig thi• into th¢ir &i5ialls •¢cordin81y.

Bedford Blues Foundatlon
Trustsès, report
For the year ended 31 December 2023
Charity nthnber.
1188520
Company numb¢r.
11707550
Tr•iteu aDd admlnith*toY•
TTU5tees:
G Alrtd
V Brading
S IA)us
A Novell (rul￿4 3] 2023)
M Onn¢rod
WJ Pearson
A Sjnart (arnint•d 8 F¢brw 2023)
The trustees are the dire£tors of the clwitsbk Ccdnpny (the clwity) fly the pur￿SeS Df LX)mpany law.
Th¢ athninistraiton kn vhlom day to thy
mana8¢m¢nt is delegatd..
Mr T HThwd
The principal addrcs
Bedford Ru8by Chb
Goldin8knn Road
Bedford
MK40 3NF
Th¢ princip•l bankm are."
Handelsbanken
2d FI￿r Clift1￿ Hou
4a Goldin8lon RoAd
B¢dfLYd
MK40 2
Accountants:
Monico T￿leY Limi￿1
19 Goldington RoAd
Bedford
MK40 3JY
IndeF￿ntht Examiner.
IMis¢ Tunloy FCA CTA DChA
19 Goldingtttyj Road
MK40 3JY

Bedford Blues Foundatlon
Trust88s' report
For the year ended 31 December 2023
Struetury GI)Vern￿￿e M￿￿te￿¢ll¢
Gov*rnlll£ do¢ume•t
B¢dford Bhn F(MJndation is a limited by gllrntee and g0ven￿d by its Memorandum and Articlcs of
A8SOCiatioo dated 3 De¢ember 2018 latsr supffsded by its Memorandutn and Articks of Association dat¢d 12
farch 2020. It is registered as a ¢h8rity with the Charity Commission. over the age of16 can b￿0m•
m￿]bU of the company. Th¢ minimum number of mc4nb¢rs 1$ 5 th¢¥¢ is Do maximum. Fach manber a8r&J
to conlnkn £10 in the ¢v¢nt of th¢ charity winding up.
The trustees airn to me&t at least qU8rtcTly. and more often if circumstanc<s require it. All sttate8i¢ discus$1￿8
and decisions aro tfjkcn by the tnain of trnst¢es at their meetin8s in relation to the running of the chazity, thè
4)mmunity faGiliti¢s th¢ activiti￿ wovid¢d by tho Gharity. Th¢ cry¢TJll accountability ofthe Foundation is tho
r¢spon¥ibility of the triistw workin8 thrn8h the H¢ad of Foundation who the doy-l(trthy responsibility f¢x
the operntional man¥8￿￿t ofth¢ F(Mthtion and I¢￿ ofmployees.
RetrnltmeDt •ppol*thie•l of truth4•
Committee. The Found•lxM is dedi¢aknl to beitiB ￿ equitabk or8aDiW and aiming to b¢¢om¢ representsti
of th¢ community it serves.
Potential tru8te¢s are Biven more detsi18 of the charity'8 aim8 and ￿tiVi￿e8. If existing trus*es ayee, they are
then proposed as new trustees at the suiwuent trugtees. meeting. This proc•s5 allow du¢ ¢widttation of the
person's eli8ibility. perf•)nal Compet￿Ice, sp¢ciali# knowled8e skills.
Indu¢don And Trvrte¢ tr*lxlng
Wh¢n nvw trust¢e8 join they are pvcn an inrThm￿ iDtrodudion to th¢ir role withiti the charity and ih¢ir k8al
sponsibilities. All trust￿ •r¢ r•quir•l to v*•d th¢ n•¢¢s1•ry Ch•rity 8llid•nce on berA)min8 4
K•y M#D4¢m*nt P¢nMn¢l
The tru¥tK5 mide¥ thelnsefves to compris¢ the key mana8ement per￿￿￿1 of the in clwge of directing
and controlling thc ch￿lty. All trust¢CS 8ivc of their time freely Jjo Trus*e [￿nuDeration was paid sn the y¢ar
nor were any expense5 reimbur5¢& Th¢ pay of th¢ ¢hwrity'S sraff t¢•m is reviewed uthual]y by the In￿¢￿8.
Risk Management
trustees 4re satisfied tlkat syytems are in place to idelltify and mana8¢ tbe risks wlkth aT¢ id¢ntified. The winciplc
risk faced by the charity is the reduction in income meaning sufficient fijnds rnay Dot b¢ av•ilabl¢ to cover the
expenditure. The ttugtses ciMsider that this risk is ad4uatety mili8at¢d by th¢ir poliGy of holding sufficient
rns¢rv&s in ord¢r to eThsure the activitie6 of the th•rity Continue in the event of w variation io fimdin8 while

Bedford Blues Foundation
Trustees, report
For the yèar ended 31 December 2023
Clwrlty growth
The Foundation InCre￿d e4)a¢ty in 2023. from fu114ime staffto nine. Our c(xnmunity ru8by t￿M
to four members of staff. including OUT d¢grte aFvrentice. t￿¢ to the Incre￿ of demand on our delivery
Blues Foundation is 8n independent charity led by trusttt8 PO&8]c￿te ab(Mrt the imp￿1 our work h￿ providing
an extensive skill 8rt designed to guide the ¢lwity ￿ me¢t its {￿j¢cuy¢S and provide ¢xtsll¢nt standlrth to
Slalea¢DI of Truteu. YtlPODIIIAUd#
Th¢ trustces (who are also the dire¢torn of BedfoTd Blues Fowidation for the puryxis¢g of compAny lfjw) we
responsible for preparitt8 th¢ Trust¢¢s Annual Kep)rt armj the fllwici￿ stat￿llent9 IA ac¢ordanc¢ with applicable
law and Utiited Kingdom Acco￿ting Standards Iunited KinBdom GMMalty AvKpted Aceountin8 Pr•¢ti¢¢).
Company law requires the trusttt8 to fmancial stst¢m¢uls for finanGial y¢pr, whith giv¢ a tru¢ md
fair view of ihe slate of affAirs of th¢ ch8ritsbl¢ cixnpwry and of th¢ incoming rcKNJTl￿ and opplication of
rogources, including the inc4xn¢ And oxrthditur4 oftt* charitsble compw f(r that year. In pr¢prin8 thes¢
fmfincI￿ ststemeJL% thc tru5te¢8 •Te require41 to:
s¢1¢￿ sultable ￿¢(￿111￿8 poli¢ieJ and then them CL￿%1$¢¢ntIYtr
observe the methods and PTinciple5 in the Charities SORP 2019 (FRS 102):
make jud8ements and estimates th•i 4T¢ rwon8bl¢ atml pDJden¢
stst¢ wh¢thsx applicable UK Arxountln8 St•nduds have been follow*d. •ubjKI lo any mtsial deprtu
discjosed and explained in th¢ aatements.
PT¢paT¢ th¢ fuwicial statements on the 8oin8 Concern bfjsij UD1¢59 it is ¢0 w¢sume that the
chAritsble ¢L￿panY will continue ID operation.
The trustees ire regponsli >1¢ for k¢epin8 adequate aceouthg rccordj vlhich disclose with reasonabl¢ accuracy at
any time the financial position of the charitsbl¢ ￿mpanY and ¢nable them to enwre that the fijjancial statements
comply with the CompAnie8 Act 2(Ki6. Ihy are 41x0 r¢S￿n81b[¢ for safe8uardin8 th¢ asKts of the dwit4ble
ompany and he4xe for takitt8 reasonable steps fty th¢ pr¢veDIioD *KI detrAi¢m of fraud wld other I￿eS￿18r1ti¢8.
Thi5 R¢￿rt has be¢n prepar¢d in T%cordw with the 4)e¢ial ]XOViYiODS ofplrt 15 of th¢ Compatiies Act 2006
relating to ￿￿111 compfini¢&
Approved by the BIArd of Tnutees on 9 May 21Y24
and si8D¢d on th¢ir b¢half by
J Stonor
Trth (Clmlr)

Independent Examlnerfs Report to the Trustees of
Badford Blues Foundation
I report to the charity truste¢s on my wMi￿tiO]I of th¢ of th¢ ¢thnpany for th¢ y¢ar ¢llded 31 December
2023 which are set out on pw$ 9 to 19.
RupomJibilld•s bdi of ryort
A8 the charity trudees of th¢ ¢(rnptyy (and also its dIr￿l0￿ th¢ of law) you ar¢
responsible for the preparntion of the a¢¢ounts in accordwtt the requirthents of the Compfinie8 Act 2006
('the 2006 Act,).
Having sati8fie41 myself th&t the actounts of I1￿ compftlly n(* ryuired to be audited uttder Part 16 of the 20(h5
Act and are eligible for ittdcp￿t Cxaminatio￿ I r¢p)rt in respect of my examination of your ccmpany's
accounts as carried under section 145 of th¢ Chorities Act 2011 ('the 2011 Act,). In curyin8 my
examination I have followed the DiTwtiQll¥ 8ivcu by th¢ Cbwity CLmiYiOn uts4er 145{5XI)) of the 2011
I have ¢c¢npleted my ex8minati(m. I confinn that no matters have CaDe to my attention in c11nne￿on with thp
examination giving m¢ cause to believe that in any Materi￿ ￿SpeLl.
a¢¢ountin8 reccfds were nLrt kept in regpecl of the compw as re4uirtsJ ty *clion 386 of the 2006 Ac(. oi
2. the accounts do not ac¢ord with thos¢ w)rds" or
the ￿(m)UnIS do compty with the accounting requirements of section 396 of the 2006 Act other than
requir¢mcnt that the accounts give • 'trn *tsd tr vi¢w' vknich Li nLrt A matter c4)Dsidernl os part of
iDdepelldent examination; or
4. the accouDts have not been w9)1￿1 in accordar￿¢ with the methimh and pr￿￿1p]es of the SfAtement of
Recommended Practice for accountin8 and reFKlrtin8 by chariiicg applicable to charities Fyyring their
ounts in a￿ordan￿ with the FID8￿181 ReportsD8 Stalld￿d applicable in the UK al￿ Republic of Ireland
(FRS 102).
I have no concerns and ¢om¢ o¢ro$8 ￿ other mitt¢ts in ¢omX¢ti<￿ with tho ¢x8mination to which attention
should be drawn in thi$ re￿￿rt in (xd¢r to ¢￿ble 14 pry undc¥stwKling of the acwunts io be rea¢h¢d.
IA>￿1$¢ Tunky FCA cfA [￿hA
ICAEW. Charter¢d Acwunlanl
19 GoldiD8tOD Road
Bedford
MK40 3JY
ts.. 9 May 2024

Bedford Blues Foundation
Statement of financial activities
(including Income and Expendlturn Account)
For the year ended 31 December 2023
Total
fands
f•ndi
2023
2022
Inconw ald endowments Ikom:
D(￿tiOnS and leFi¢s
Clwitable activiths
Other trAding activitseg
Totsl iwome
50,904
103,164
42,075
10.520
109,185
61,424
212,349
42.075
95,361
237.527
41,162
196.143
I I9.705
315,848
374,050
Expendlknr• on:
Raising fund8
ExpenditUT¢ on ¢harll•bl¢ a¢livi¢i¢8
16,549
227J67
3,966
94.457
20,515
321,824
14,198
289.818
Totsl expendlton
243.916
98.423
342,339
304.016
Net Imcom¢
(47.T13)
21282 (26,491)
70,034
(4.050)
4,050
Net movement in funds
(51,823)
25J32
126.491)
70.034
Re¢oociliation of funds.,
Fund bal•nces brou8ht fonvard
Fujd balaDw ¢•rrkd fOr￿rd
117.495
58,384
175,879
105.845
11.12
65.672
83.716
149J88
175,879
The Ch￿lty,8 I￿Orn¢ and exptndtturn all rola* to C4mtinuin8 opcrations.
The charity ha8 no rtrA>8nI￿J 8alDs IX k*yes than those [￿lUd￿ above.
The notes to the fum￿121 s¢atan¢nts #130 forni p*rt of these fffjlancial ststements.

Bedford Blues Foundation
Balanc• Sheet (Company number 11707550)
As at 31 December 2023
21123
2022
Debtors
Ca8h at bank And in hand
4198
160.801
33.385
J60.109
Total eurr•Thl Alxts
188,999
193.494
LlabllldeA:
Creditors: ranounts falling du¢ within on¢ ye4r
io
(39,611)
(17,615)
Net current axets
149.388
175,879
Total Det
J49.388
175,879
Th¢ f￿d8 of the ebarlty..
Unrestrirted funds
Restricled ￿ndS
65,672
83.716
117,495
58.384
12
Total ehAdty
13
149J88
175.879
For th¢ finan¢i41 year in question the company was entitled tr* exemption under I￿￿￿)n 477 of the Compani¢8 A
2006 relatin8 to small wmpanies.
No members have required th¢ wmpany to oi*Ain an audit of its a￿Unts f<x the yur in qu¢stioD in a¢¢ordance
wftth section 476 of the Companies Act 2006.
The directlxs acknowledge their responsibilty fly cornptyim8 with the requiran¢nts of th¢ A¢t with respKt to
accounling records 8nd forthe prwtioD of the I￿oUllts.
The fu]&r￿l&l Statements have beth pyepuoj in •¢eothce with th¢ wvisions w11￿￿ to ¢LMnpthlts subje¢t to
th¢ small companies, reBime.
Approved and authori8ed for i88ue by the Board of Th￿e¢S on 9 May 2024
and si8lled their behalf by
A Smart
io-

Badford Blues Foundation
Notes to the flnancial statements
For the year ended 31 December 2023
Statmltsry inforn￿l•ti
Bedford Foundation 1$ a private ¢ompwg limited by guay•thffj re￿ltern1 in F￿gland wiihin the
United Kin8dom. Th¢ ￿mPany$ re8ithered Dumber aThd re&￿d office addrem can be found on the
Company Infomlthtion pag¢.
The fmancial statements art presAt¢d in 8t¢rlitiB which is the fimctioMI CUT￿¢Y of the o)mp•ny
rounded to th¢ n¢ar¢st £.
The significant atcountittg poli¢ies A￿lled in the Jxep*Ation of these fmancial statements are set out
below. Th¢se poli¢i¢$ hav¢ b¢¢n con5iSt¢ndy appli¢d to rdu years ￿eSented unkss othep+Vi8e stat￿.
A¢¢outhiz PDlkle8
modified to include celtsin ilems al fair value.
Bedford Blue8 Fourmlation CODStitutes a public be4th entity M dcfine41 by FRS 1tr2.
The fuwicial stAtem￿t8 been pr¢pwred in •c¢ordance W￿1 the Clwitie& Sthtement of RecL(nmended
Practice (opplicablc to charitiL8 Fryarin8 their acwunts in accordanc• viith th6 Fin￿¢181 Reportin8
Standard appli¢able in the UK and Republic of Ireland IFRS 102)) (issued in O¢tob¢r 2019)- (the
Charities SORP (FRS 102)X the Finan¢illl Rwtin8 Standard applicable in Ihe UK and Republic of IT¢l•nd
IFRS 102) and the Comp•ni¢J ALI 21MJ6.
The trustee8 ¢onsider that there no matsrial uncertaintie8 obout the charity's tbi]ity to ￿ntinu9 a$ a
8oAng concern. The key risk to the ¢Trwity is the IKrtMtial reduction in income but the level of r¢g¢rv¢s h¢ld
sUff￿1¢0t to miti8atr this rith for th¢ foresee&bk futhre and is not CODsidered to ca* any doubt over the
goin8 concern bAgiS.
22 FaDd *¢¢oullthE
Unrestri¢t¢d fimds funds given the 8oneral Purp￿ of the chaTity th¢se funds may be exp¢ndrAI
on the obpcts of th¢ charity at th¢ di8r¥rtioD of th¢ ttusi•M.
Restricted funds K¢ those fimd8 wbue * conditiOD Iw be¢n impsed (m their use by the donor.
li

Bedford Blues Foundatlon
Notss to the financlal statements
For the year ended 31 December 2023
2J Ixom•
Voluntary income i￿luding d(Thtion& gifts a￿1 kwi¢5 grants th*t provide core fimding Lr Are of
meawred with •JfficieDt r¢liabilty.
Income charitable activities includes income re￿1Ve0 und¢r ¢4)ntrad LY where entsll¢m¢nt to 8rnnt
fimding is subject to specific perFornwic¢ ¢ondition$ is as e4rned th¢ related services are
provided. GTant inc(xJ)¢ included in this Gat¢gory p￿Vide9 fundlng to SUp￿rt ￿rfO￿anCe &tivities and is
re¢o8nised whue there 18 entitiemffll PTohbilty of •lld the amount be me4swAI with
suffKient reliability.
Income IB deferred when eit1￿ th¢ d￿or wifm thal the 8rint or dOn￿ts￿ must only b¢ wed in future
8ccounting year, (Y the d¢)llor ha5 impoxd ¢rndi¢ions whi¢h be met bef(Y¢ th¢ ¢Trwity h
unconditional •ntidemenL
Investment income is r¢coBnIs￿ a reLY1v￿￿ b•818 in the Sl*m¢nt of FinarKi81 Artivitle8.
2.4 Allo¢*tknn olexpenditu•
Expenditsre 15 re¢wig¢d on¢¢ th¢K is i legal cr conglnth¢ obligation to make a payment to a third
party, it 18 probable that settlem¢nt will ￿ required •ttd the *mount of the obliBatiOn bt measured
T¢li¥bly, EX￿nd]Illre 1$ ¢I￿lfied under the following activity h¢#din8s:
Expenditure on charitsble xtivitie8 inchth8 th¢ co* of a(*iviti69 ujthrtkn to furthef th¢
purpos¢s of the Ch￿lty and their ￿0¢lated supwil costs.
Other exptndititye r¢pY¢g¢nts those itoms not f￿liti8 into othcr headin&
Irrecoverable VAT is a5 0 against tho activity for which the exp¢nditiur iKurred.
Expenditure on capital I1￿￿8 is capitslised and iticluded within fixed assets WI￿1 it b¢wmes payablc.
SUp￿rt costs ar¢ tho8¢ fundions thJl usist the of the clwity Imrt do not directly undert&¢ chwitable
iviti¢s. Support C(A8ts include bxk office fiD•nK wsonneL payroll a￿1 governanGc wsts whiGh
SUPFVrt th¢ Trusts acttvities. These costs hav¢ b¢eD all(￿1￿ between c05t of Tai5in8 fund8 and ex￿￿ditll
OD ¢horitsble activiti&8. The boses on whicb support cosLq ￿v¢ bem illoc*ted are set out in th¢ notw to the
2.5 GmrnAn¢e ¢￿ts
Governance rewuent ¢XP¢Dditure illcwyed by the tru*es which is asxKiala with the gOvern4n￿ of
Ibe cbarity. Th¢g¢ ¢osts •Te when the liability aris¢s.
12-

Bedford Blues Foundatlon
Notsg to the financial ststemonts
For the year ended 31 December 2023
2.6 FiDancknl Inatrwnents
Th¢ tharity onty hu fmanctal a&*ts and finM¢1￿ liabilities of a kind that qualtfy as basic fjnanci
iDstrum¢ots. Basic financial inslnrnents are initialty Twniscd at valu¢ and sub8¢quendy
measured at their settlement value with tk ¢xc¢ption of bank loan5 are sUbsequ￿tIY measured at
2.7 D¢bto
Trad¢ and oth¢r debtors ve r¢eognised at thè s¢ttl¢m¢nt •mount du¢ allrf lrnde dixouDt offerfyl.
Prepwn¢nts aTP valu¢d al th¢ amount PTepid D¢t of any trade diwunts du¢.
Cash at bank ¢ash in hand i￿]￿1¢$ •lld thort t¢rni hi8hty liquid inveglments wlth a 8hort maI￿rity
of three months or Iu8 frcm the dats of wuisition c*op￿Ing of the d¢poxit tt similar a¢￿￿nt.
2.9 Credltora And Pro￿￿1
Creditors and PmiXiOD8 ar¢ where th? cbtirity a prestht obligoti(m re8ultinB from a PASt
event that will probabty result in the transfer of fithds lo a third pty and the amount due to ￿ttle the
obligation can be measured or estim￿ reliabty. Creditors and provi6iong are nomially reeo8nised al their
settlement amouni after allowin8 ft* aDy tr*dè diqcounts th*.
2.10 Publlc Benefit Enthy coKeJth+nAry IOA
Public Benefit Entity Gon￿%10￿1ry lopns made I￿j received aro initially mtamwtAI at the thmount paid or
¢ived and T¢w￿l￿d in th¢ b•l&n¢e sheet Kwrdingly. Any *CTu¢d in*R¥i re<¢iv&ble or payable 18
Ihen ￿illI￿d Èpinst the cmyin8 valu¢ of th¢ Ic•0 in subsynt yevs.
Ctrldul AttoMnthi8 Judgeme*ts amd kny *•ree• of eIdn￿lI0• ll•e*rt*knty
ID the applicati(n of the cknritys acc(wntin8 policies. the trustees ue requited to make judgrni¢n
¢5timates and 488umption8 aknut the carrying amount ofassets liabilities tbat arn not readily ap￿ront
from other 80urces. The es¢imates associated assumptions al¢ based on historical ¢xP¢riN￿ oth¢r
The esttmtttes and undertyiD8 0&81]JDPtiODS ar¢ r¢vi¢wa on an ongoiti8 ba￿. Revi$ions to 8¢countin8
estIn￿leS are ￿￿ognISed in thv year in which the estimale 19 revise41 the revi8i(m aff￿ts only that
year. or in the ye&r of the revision firture years where the revisi￿ affe¢ts t*)th current and future y¢JTS.
In the opinion of the trustees thac are no oyitical acc0untinsiud8￿nejts or estim&tion thicerttiiDties withi
the chaTity.
13

Bedford Blues Foundation
Notes to tho financial statements
For the year ended 31 December 2023
of tbe tharlty
The cknity is a ¢haritsble eompfiny limited by guarantee and has DO shar¢ upitsl. In the event of th¢
¢harity LKing wound up, liability in ￿Spect of the 8uarant¢£ is limited to £10 per membu of the Ch￿lty.
AttatyJ• of¢xp¢￿llllre M charitable acliviti
2023
Staff
Oth¢r Adivity Support
eo•ts •tsff
eo•ts
2023
Total
74,405
115.118
27,614
4.947
31695
134.714
65,144 185.209
Support ¢osts
Governance costs (nots 6)
I9￿,523
31561
32.695
66,IM4 321.823
I￿1
Sta
(Xber Aedvlty Sipptyrt
2022
eo•ts C￿tr Totsl
SpM)rL 8ch(M)l and (￿Mmunity activiti
SUp￿rt coyts
GovernaDGe co*s (DOt¢ 6)
69,661
80,882
i.ooo
33,178
4275
54,839
157,678
45.083 130240
151,543
37,453
54.839 45.983 289.818
Of thc ab)v¢ ¢xpmditur¢ for th¢ y¢8r ¢nded 31 DwMnbcr 2023. £74.405 of 51aff cost8 restricted (21)22:
£41,537), £5,347 of (rther Staff costs were restrACtd (2022: £8.183). £12.447 of direct activity w5ts weT¢
restriGt¢d (2022: £27.852) £2258 of supp(Yt ww¢ t95triGtod (2022: £5.826). Th¢ b•l8n¢e of
£227,366 was unregtricted (2022.. £206,420).
14-

Bedford Blues Foundauon
Notsg to the flnanclal statomonts
For the year ended 31 DerAmber 2023
Allocatlon ofeovern*mt• wpport ¢•)•ts
is Sho￿ below.
S•pport GovernAnrt 2023
Totsl
B%sl• of
4pportlo•Jtheut
Staff r
Oth¢T Staff
Rent
Travel costs
oirv ¢0sts
Bank cbar8¢S
Insuranc¢
IT costs
Professifflal fr¢$
Independ¢nt Expminltion fee$
ependent Examiner'5 fee fcr
accounts Preparation setvie¢s
Sundry ¢ost8
115,118
4,947
8.700
7.515
27.975
1.952
3,159
2,850
10.984
I.IxM) J16,118
4.947
8.700
7.515
27.975
1,952
3.159
2.850
10.984
420
rmle speot
Invoiced coyt
Invoiced cost
Invoiced cost
Lnvoio¢d c¢>st
Invoiced co
Invoiced ¢os¢
Invoithl ¢os¢
Invol￿d
420
480
Gove￿￿
Invoi¢¢d cost
185209
1,900 187,109
2022
Totsl
BAJI• or
•pportloDmMt
¢oJts
Stsff costs
Other staff co
Rent
TThv¢l costs
80,882
4275
81.882
4275
5,OLX)
1982
19,352
1.756
rllne sp¢nt
Invoi¢ed cost
Illvoi¢e4J cost
Invoiced cojt
nvol￿J
Invoiced wst
Invol￿d cost
Invoic¢d
tnvoi¢•4 Cost
19J52
1.756
3.666
1.519
10.050
Bank charg¢s
IT rosts
Prnfessional fees
[ndel￿dent Examinatil￿ fees
IrJdep¢ndent Examiner's fee for
accounts preparntion scrYi¢
Sundry
1.519
10.050
420
420
758
758
Invoic41 cost
130240
1,900 131140
15-

Bedfonl Bluos Foundatlon
Notes to the financlal statements
For the year ended 31 December 2023
StAff coth numb8
21)22
Wagu and 8aknie8
S(Kial security c4ysts
P¢nsions
176.552
10.859
3,112
141.949
6.767
2.828
190,523
151,544
Number
Stsff numb¢r• by fllmetlon:
No ¢mploye¢ rK¢iv¢d rullun¢ratiffj ofmore £60.1)00 (21)22: M*).
Th¢ tZUStea are ￿)nsidered to be the key manJ8¢m￿lI p￿0￿￿1 of the ¢harity. Th¢ truste￿ receiv￿1 no
2023
2022
Trade deTrrto
24,640
3,558
31.786
1,599
28.198
33J85
10 Credlton: dN• withlfi year
23
Trade ￿edIt(￿s
Tax&tion and social 8¢cufbty
ACCn￿lS
Other creditOTS
7,590
3.7￿2
2273
25.956
8.800
3216
4,750
849
39.611
17.615
In¢lud¢d in Oth￿ ￿¢d1th ate Pensi(￿ of £1,153 (2022: £849).
16-

Bedford Blues Foundatlon
Notss to the financlal statements
For the year ended 31 December 2023
11 Unreatrleted ftynd•
Tra•8feTh Balance #l
mOv￿￿ent l• year between
31 Dot
ID¢0m1￿ Outgofi
fundj
2023
lJaD
117,495
196,143
(243,916)
(4.050)
65,672
117,495
196,143
(243.916)
(4.050)
65,6n
It ill th¢ policy of the trustees to IK*ld avail¥ble re8¢rv¢g repr￿ntin8 a miDin)um of three months of General
Fund èXP¢Ddittw¢. with a target to inczwe this to six month& in ordef to ensu￿ the activities of the charity
¢an ¢ontinu¢ in th¢ OV¢Dt of #ny v4ritition in funditi8. Six month$ of re8erY¢s equal$ apprnxim&tely
£125.000). Th¢ curTeDt l¢v¢l of res￿V¢S held is thuefore sligh￿Y highu than the desired minimthn level
and st¢ps ore b¢in8 token to build frt¢ r￿¥Ve5 fiuther towards the tar8d kvd of$ix month& by r￿AInIng
unrestrided fvnds in tkn short tenn.
12 Re•trftted fam
B*l*•c¢ at
IJ•
TraA•fer• BAIADet at
Move*tht In bttwoe
31
Ollteol
ABILITY Blues
Classroom fimd
England Rugby Fwnilies Fund
Ki¢kst4rt
Run Row Ride
Ta¢kl¢ Life
6.471
1,470
7.402
1,931
9.420
(17,473)
{iJ26)
(13,7￿)
(1,582)
144
4,135
1.931
10.520
27.554
4.717
1.895
51.400
(37.169)
(1.480)
(27,188)
19,700
61,485
3,237
7,422
Be Y(w
31.365
17.000
1.350
(17.(XlO)
58384
119,705
(98.423)
4.050
83.716
A transfer of £39 was made fr(Th unrestricted funds to restricted funds lo cover the excess of ex￿￿lture
over income on the Penrose Project fi￿￿. A trans￿ of £17,000 was made from the Sports Bas¢d
Pr¢v¢ntion rcgtricted fund to th¢ T8¢klc Lif¢ f¢Stric1￿ fund to rdk¢t th¢ f￿1 th8t th￿C income streams are
part of the sarn¢ fimd. Transfers of £2,71J) and £1.350 were made to Tostiided funds Tackle Lift and Be
YOU from Unre￿￿. These transf¢rs w¢rc ma(k du¢ ¢0 Te¢la&4if￿41lQll of th¢ IDCw￿.
17-

Bodford Blues Foundatlon
Notes to tho flnanclal statements
For the year ended 31 December 2023
12 R•strllrt￿ fuDd8 (¢ODthiued)
Nathe of fund
ABILITY Blu
Pwrptsx of f•nd
To sups¥xt a muhFspc#t disability programme
To Sup￿¢ the cost of th¢ FoundatiOD hub being refitted iti
2022
To suppKYt 4 multi-spcqt PTogramme for famili¢s
Government fimded employinent support
To suppjrt • fcff fundin8 meth f(* vulntrnbk
petyk dwing th¢ pnd¢mi¢
England Ru8by Fomili¢8 Fund
Run Row Rid¢
T*¢kl¢ Lif¢
di6advantawl chilth¢n
Try to ch￿8¢
B¢ You
To supyt a pro￿0￿Me building Confid¢n￿ and self-
es*e4n, life skills and pRllbeing io young wom¢n llnd girlg
To 511PPQrt a 4￿& wJ8rAmme providing support to
viclims of ¢ffime
Sports B•s¢d Pr¢vention Pilot
13
Net aiiets held by fun
C•rremt Ca•h At C•rr•D¢
Auets
Bomk UAbllttlu
Total
UDf¢stri¢t¢d funds
2(198
77,085
83.716
(39.611)
65,672
83,716
2&198
160.801
(39,611) 149J88
14
At 31 December 2023 the chuity had no financi￿ ¢￿￿11￿¢￿ts ct ¢(￿tingent liabilities (2022: £niD.

Bedford Blues Foundation
Notes to tho flnanclal statements
For the year ended 31 December 2023
Donotions from trustees durin8 the ycar am(Mmted to £422 (2W: fAOO). Th¢r¢ WCfV DO other related
16 ComparAtfve Stalement of Ffixalld￿ Adfvhlea
The Stat¢m¢nt of Fin￿￿1￿ Adivili¢8 f(v the pwiod ethJ¢d 31 D￿1b¢r 2022 is pr¢sffjt￿l for illu51ralive
fun
2022
run
21n2
And endovrniexts from:
Donations and Iyiej
Charitable actsvittos
Othpr trading activiti
90J61
169,659
41.162
5,1)00 95J61
67,868 237,527
41,162
Totsl lth¢orn•
301,182
71868 374,050
Eipendltuyt om:
Raising fimdj
Exptnditure oll ch8ritabl¢ activilies
14.198
206,420
14,198
83J98 289,818
Total exp¢ndltun
220.618
13,398 304,016
80.564
(10.530) 70.034
15,968
(15,968)
Nct movement in fuNIJ
96.532
(26.498) 70.034
Reconciliation of fiMid8:
Fvnd balm￿ u at l January 2022
20,963
84,882 105,845
rorward at 31 December 2022
117.495
58,384 175,879
19-