## **Bradford Cinderella Club** 

## **Annual Report** 

## **Period Ending 31 October 2020** 

## **Bradford Cinderella Club** 

**216 Chapel Street Bradford BD1 5DJ** 

**t. 01274 306 428 e. secretary@cinderellaclub.org w. cinderellaclub.org** 



## **Agenda** 

## **Annual Public Meeting for year ended 31[st] October 2020** 

## **16 Chapel Street Bradford BD2 5DJ** 

## **14 July 2021** 

1. Open the meeting & welcome The President Mr James Saville 2. Report of The Public The Secretary * Meeting 2019 Mr John Atkinson 3. The Treasurers Report Treasurer Year ending 31 October 2020 Ms Rachel Thompson 4. The Secretaries Report 2020 The Secretary * Mr John Atkinson 5. Proposal Reports be accepted Mr Paul Thompson Trustee 6. Seconder Reports be accepted Mrs Julie Pearson Applications Secretary 7. The Lord Mayor Message from the Lord Mayor Councillor Shabir Hussain 8. Chairman’s Comments The Chairman/Trustee Vote of Thanks Mr Terry Pearson 9. Meeting Closes The President Mr James Saville 

_* Due to illness the Secretary’s reports will be read by Vice Chairman Mr John Atkinson._ 

1 



The Principal Objectives of the Bradford Cinderella Club are: 

1. Provision of Clothing and Footwear for the not-so-fortunate. 

2. To endeavour in every possible way to improve the hard lot of all the poor and underprivileged children who are in need of the help which a Society as ours can give 

3. The provision of Activities and Holidays for older children. 

Subscribers may earmark their contributions for any of the above-named objects.  Unless so specially allotted, it is understood that the subscriptions will be used for the general purpose of the club. 

Subscriptions by covenant can be arranged.  This method permits us to claim refund of Income Tax, thereby increasing the value of each donation. 

Donations will be thankfully received by the Treasurer, the Secretary, or may be paid direct into our account: Account No. 00021683   Sort Code 40-52-40. 

Cheques should be made payable to the Bradford Cinderella Club. 

On behalf of the Committee 

Chris Hayden Honorary Secretary 

16 Chapel Street Bradford West Yorkshire BD1 5DJ 

2 



## **CHARITIES ACT 1960 – REGISTRATION No. 223444** 

## BRADFORD CINDERELLA CLUB 

Headquarters: 16 Chapel Street, Bradford, West Yorkshire. BD1 5DJ 

|**President:**|Mr J Saville||
|---|---|---|
|**Chairman:**|Mr T Pearson||
|**Vice Charman:**|Mr John Atkinson||
|**Honorary Secretary:**|Mr C Hayden||
|**Treasurer:**|Ms Rachel Thompson||
|**Applications Secretary:**|Mrs J Pearson||
|**Committee:**|||
||Mr J Atkinson|Mr C Hayden|
||Mr N Leach|Mrs L Norton|
||Mr S Kirby|Mr M Conway|
||Mrs J Pearson|Mr T Pearson|
||Mr J Rehman|Mr J Saville|
||Miss R Thompson||
|All c/o 16 Chapel Street, Bradford BD1 5DJ|||
|**Trustees:**|||
|Mr T Pearson|20 Leeds Road, Bradford, BD2 3BD||
|Mr J Saville|73 Hoyle Court Drive Baildon|BD17 6ES|
|Mr P Thompson|45 Ridgeway Wrose Shipley BD18 1PJ||
|**Auditors:**|||
|Ian Richards & Co.|9 The Cross Bramhope Leeds|LS15 9AX|
|**Bankers:**|||
|CAF|25 Kings Hill Avenue Kings Hill||
||West Malling Kent ME19 4JQ||
|**Investment Consultant**|||
|Brewin Dolphin|10 Wellington Place, Leeds LS1 4AN||



3 



**Bradford Cinderella Club** 

## **Annual Public Meeting** 

## **July 2020** 

Due to the pandemic the Annual Public Meeting was held virtually with a recording being available online. 

An abridged version can be viewed here: https://www.youtube.com/watch?v=_JemgnR10s0 

4 



## **The 130[th] Annual Report The Bradford Cinderella Club** 

## **Secretary’s Report November 2019 – October 2020** 

Secretary’s Report 8 July 2021 

It is with some sadness but greater hope that I present Bradford Cinderella Club’s 130th Secretary’s Report. 

Sadness because I’m presenting and Chris, our devoted secretary, is unwell – and we wish him all the best and can’t wait to see back with us soon. Sadness because, again, the pandemic has meant we have been unable to support as many children as we would wish. Sadness because children of our city and district still need our support for trips, treats and the basic necessities. 

However, I am filled with hope. 

I am filled with hope as our Crash Pad is now finished and ready to welcome children for much needed respite, much needed care, much needed breaks away from their troubles. I cannot imagine the daily grind of young lives so blighted, but I am filled with hope that this wonderful building will be a great comfort to many in the coming years, and they will cherish the memories made here. 

I am filled with hope as we have expanded our committee. We welcomed Mike Conway who has reinvigorated our quest for donations to keep us going for another 130 years, and rejuvenated our relationship with The T&A so we are back in Bradford’s conscious. 

I am filled with hope as I remember how tirelessly our committee and a good number of our friends got together to fill and wrap over a thousand shoeboxes so that the most needy and vulnerable in our community got just a little something on Christmas Day. 

I am filled with hope as the world opens up again, and we are again receiving applications – which means that the poorest, most vulnerable children in our community are having fun again. I am filled with hope when I picture these children paddling in the sea, climbing rocks, riding rollercoasters, and slurping ice creams. We exist to put smiles on children’s faces, and I am filled with hope when I picture those smiles that we – through the generosity of Bradfordians – have made happen. 

I’m filled with hope every time we give money to support the great groups we have in our community who work so hard to make young people’s lives better. 

Finally, I am thankful. 

I’m thankful for every minute our tireless committee gives to put smiles on children’s faces. I’m thankful for the leadership, drive and energy Terry brings. 

5 



I’m thankful to our trustees who work to ensure we have the funds to put smiles on children’s faces – and thankful for every penny donated by those in Bradford and beyond. I’m thankful to those who will, long after we’re gone, be putting smiles on children’s in another 130 years’ time. 

And I’m thankful to you for listening. 

Thank you. 

John Atkinson on behalf Chris Hayden Hon. Secretary Bradford Cinderella Club 8 March 2018 

6 



## **The 130th Annual Report** 

## **The Bradford Cinderella Club** 

## **Treasurer’s Report November 2019 – October 2020** 

You will see from the appended auditors report that financial statements are becoming more extensive due to the increase in compliance requirements. I thought it would be useful to extract the figures that are more pertinent to the activities of funding underprivileged children. 

In the year ended 31 October 2020 we provided funding of some £11775 to fund underprivileged children to attend residential activities with their schoolmates, to hold Christmas Party’s that would otherwise not happen, send children off to the theatre ad give some a chocolate treat either with a selection box at Christmas are a chocolate egg at Easter.  This is despite the issues created by covid 19 on a par with previous years. 

Every pound that is funded is carefully scrutinised by our committee before being granted. 

In addition to funding individual children we also funded the annual shoebox appeal to a level where we can be secure in the knowledge that every shoebox delivered to a child at Christmas has a range of quality presents inside. 

In December 2019 this Charity purchased goods to the value of around £6012 we also held some stock from previous years, plus a further £1473 in other costs for the purchase of boxes, storage & transport which makes our annual shoebox appeal a massive investment but one where we know children who would not otherwise get anything at Christmas get something. 

Due to the issue that we felt Covid could create we started our shoebox shopping early for Christmas 2020 & purchased goods to the value of £4588 along with purchase of boxes & sundry items totalling £750. 

Our Cards for Care Scheme continues to grow at a managed pace by providing continual and oneoff funding to the most disadvantaged children in our area.  In the last financial year funding had dropped to £384 compared to a more normal £5000. 

During 2020 there was a decrease in the funding of this charity’s objectives, the total going from £28481 in 2019 to £24598 in 2020. 

The largest cost-head for the year was again the investment made into building conversion at 16 Chapel Street to create the new Crash Pad facility.  While the costs invested totals £127662 that cost is then capitalised in terms of the overall balance sheet value. The project was completed in early 2020 in time for the opening in February 2020. 

7 



In 2019 /2020 our overheads have increased from around £2500 per year to approximately £13,500 this is due to the increase in costs of insurance & utility costs. 

This leaves the Charity with net assets at 31[st] October 2020 of £654109 a decrease on 2019. 

It would be remiss of me to finish our annual financial report without expressing huge thanks to all those individuals who donate to us, whether that is a monthly donation or an individual one. We also benefited from a Covid grant & corporate grant from B&M. I have long said that the work of this charity can only be done to the extent we achieve with the kindness and generosity of our donors. 

Thank you. 

That concludes my financial report for the period ending 31 October 2020. 

Rachel Thompson Hon. Treasurer 

Bradford Cinderella Club June 2021 

8 




## **A Special Message from the Lord Mayor of Bradford** 

It gives me enormous pleasure to offer my warmest Civic greetings to all at the Bradford Cinderella Club, as you meet once again to further your valuable work. 

The Cinderella Club – and its deserved place in the hearts of the people of this District – is unique.  I look back over your long history of charitable work in Bradford with great pride, as I hope that you do. 

The restrictions imposed by the pandemic sadly mean that I cannot join you in person today, but that it no way dilutes the affection in which I, and many others, hold you and your work. 

You, as a charity, set out in 1890 with the welfare of Bradford’s children and young people at the very core of your being.  With that passion came a determination to keep all your running costs low, so that as much of what you raised went to benefit those youngsters most in need. 

Across many generations, those in need of your help have benefited from your remarkable work, the tireless efforts of your magnificent volunteers and the great generosity of our local people and organisations. 

I hope that in the hurly burly of fundraising and the generally hectic nature of modern life, you never lose sight of the profound impact your efforts have on underprivileged children. 

I hope that you continue to carry out your sterling work for many more years and I wish to close by commending and congratulating you all in helping the district’s young people. 


**Councillor Shabir Hussain** 

**Lord Mayor of Bradford** 

July 2021 



## **Audited** 

**Accounts** 

**Period Ending 31 October 2020** 



Clwilv regisiration numbcr." 223444
Bradford Cinderella Club
Annua] Report aiid Financul Statements
for ihe YcaT Ended 31 oc10￿r 2020
lan Richards & Co (Lcedsl Limiied
9 Th¢ Cross
Brainho
Leeds
LS16 9AX

BrAdford CinderellA Club
Contents
Reference and AdllU'ntstrats"we Detai15
Trnstees, R¢port
Staicm¢nt of Trllstees, Responsibilities
Indcpendent Examiner's Report
Statemenr of Financial ACtI￿ltI¢5
Balance Sheet
Notes to thc FinanciaI Stat¢rncnts
7t014

Bradford Cinderella Club
Reference And Administrative Details
Trnstees
Mr Terry Pearson
Mr Jamcs SaTrqlle
MrPaul Thompson
Secretary
Mr Cl￿15t￿p11¢r Ha)'d¢n
Other Offjce
Mr Ten) Pears0￿ Chaiman
Ms Rac1￿1 Tliompson: Treagur¢r
Principttl Office
16 Chapel Street
Bradford
BDI 5DL
Charit) Registration Number
223444
Ballken
CAF Bank Limited
25 KiTrg5 Hill Ai'enue
W¢st Malling K¢nl
ME194JQ
Barclays Bank plc
Idlc Brancli
PO Boi 224
Bradford
Accountants
Richards & Co (Leeds) Liinited
9 The Cross
Bramho
LS16 9AX
Page I

Bradford Cinderella Club
Trustees, Report
Tlie trU￿eeS presenÉ th¢ annu91 rcport together with th¢ financi￿ statements of th¢ charily for tb¢ )¢ar cnded 3 1
October 2020.
ObJectlv&4 and aCti￿ltIeS
Structure. goi'ernance and management
Firtancial in5trumcnt4
Objectives undpolicies
The cliaritp's actiNities cNpose it to a numbcr of financial risks lncluth'i￿J credii rtsk. Cd5h flow risk and liquidity"
risk. Thc use of financial dcrii'atiN'es is goN'erned by th¢ chariti s policies approvcd b} tlie Ix)ard of iruslees,
ii.liich PTON'idc iirittcn principles on the usc of financ￿1 d¢rivatii'es lo inanage tlicse risks. Tlie clwiti" docs not
us¢ deri￿.atlve financia] Ènstruments for ￿￿culatIv¢ PUry)5CS.
Creditrisk
The chic rity's principal finaiicia] assets are bdnk balanccs and caslL trad¢ and othcr reCei￿able$. ar￿ iniestincnts.
Thc cliarir}"'s credÈt Ti5k is prirnarilj altr￿ulabl¢ lo its trade receii'abl¢s. The arnouiits presenicd in the balance
sheet are nei of allowanccs for doubitul rrfeii'dbles. An allowance for lmpa1rn￿lt is n￿de where thcre is an
idenlified l()ss cvent whicli, based on previous experience. is ¢fvid¢n¢e of a teduction in ihe recoTrerability of th¢
cash flows.
The credit risk oil Iiqilid
banks with liigh crcdit-r
Th¢ charity no si
countcrpartias a
CU5
unds ar￿ derivative financial instrunKnts Is liinit¢>J because the countcrpartie$ are
ngs assisned bv int¢rnaiional credii-rdung ag¢ncics.
nific￿l coiiceiitrdlioii ￿ rreth'i Fisk. wilh exposur¢ spread over a large number of
mcrs.
rtm'a
approved bj the trnst¢¢s of the charity on 10 Jlln¢ 2021 and signed on its b¢half by..
Mr Tcrri
Trustee
arso
Pagc 2

BrAdford Cinderella Club
St%tement of Trustees, Responsibilities
Tlic injsiccs arc responsible for pr¢paring tlic trustees, repotl and the financial staleinenis in accorddllC¢ iiith the
United Kingdoni A¢couniing Standard5 (United Kingdom G¢nerall}' Acccpted Acc0uniii￿ Practs"¢e) at
applicable laiv a￿1 regulations.
Th¢ applicable to charities reqll1r￿ th¢ tnLSt¢¢s to prcparc financial statements for each financiat )car wliicli
gil'e a tnie and fair Mcw of the statc of affi1irs of the ch81itv and of the incoming resources and application of
resouTces of the clLqriI}' for thai ￿riod. In preparing these fInan￿al statcrn¢nts, tl)c trustces ic rc required to..
s¢l¢ct suitsble accounting policies and then apply them consisteiitly.
obs¢rv¢ th¢ rn¢thiKls and principles An the Chatitses SOIIP:
makeilldgcm¢iits al￿ estitnates thaÈ are reasoiydble and prudent.,
s¢atc whcther applicable accounting standdrds have 1￿c￿ folloived: subject lo any matcriai dcpartures
disGloscd and eNplain&l in the fin8nciJl statcm¢nts', a￿1
prepare tli¢ financial stat¢inenls on ihe going concern basis unless it is inappropriate lo presume ¢lwt th¢
Cl￿￿(1. will ¢ontinu¢ in busin¢ss.
Th¢ irnstees arc rcsw)iisible for keeping proper accounting records t1￿1 disclos¢ willi rcasonublc dccuraw. al
tim¢ the financial position of the chanty. and ¢nablc tliun to ensure ilial tlie finan¢idL Siat¢Encnts coinplv witli the
Charitics Act 2011, the applicable Charitics (Accouiits and Reports) R¢guldlion* aiid the proi'isions of th¢
constitiition. The trustees arc also r¢stx)nsiblc for safeguardiiig Ltie ass¢is of ihe cliatitv and h¢nff for iaking
reasonc1blc steps lor Ihe prei'ention and deieciion of fraud and otl)er irregularitsas.
Approved by
trustccs of tlie c
rity on 10 Jlln¢ 2021 and signed on its behilf M,:
Truslee
Page 3

Bradford Cinderella Club
Independent Examiner's Report to the trustees of Bradford Cinderella Club
I repon io thc charity. tn]stces on mv ¢Namination of the accounts of ihc charity for t1￿ Jear ended 31 October
2020 11.hich ar¢ s¢1 out on pagcs 5 to 14.
R&%pective responsibilitte8 nf trnstees k)nd examiner
As the charit) s trnstees ol Bradford Cinderella Club vou are responsible for the preparation of the accounts in
accordan￿ with the requircrncnts of Ilie Charitics Act 2011 {'Ihe Act,).
I report in rcspecl of my ¢iaminatson of the Bradford Cindcrclla Club's a¢counis caFried out under seciion 145
of the 2011 Act 8t￿ in carrying oiit my examination I I￿le folloiv¢d all the applicable Direciions gtven b). the
Charity" Commission linder section 14515)(b) of the Act.
Independent ei4mincr'J Jtatement
I have completcd ms. cxamination. I confim that i)0 material inatl¢rs ha￿¢ come to a¢i¢niion in conncetion
I￿1th thc exami]L4tion ￿.￿ryng mc cause lo belieNe that in any inalerial respect..
l. accouniing records w¢ff not kepi in respe¢[ of Bradford Cinderella Club as requireif b}. section 130 of t
Act; or
2. Ihe accounts do not accord with those records; or
3. the ac¢ounis do not cornplv wilh ihe accounting requircments concerning the forni and content of accounts
sei out in the Cliariues {Accounis and Rewrtsl Rcglllaiions 2(NTr8 other than requireinent th* the
aceounts give a 'Érne and fair view M'hich is not 8 inaltCT coftsidered as part of an indepe1￿¢n[
exdmination.
I hai.'e no con¢¢rns and have come across no oiher matters in connection ￿t￿ the exan)inats"on to M'hi¢h attcntion
should be drAM'n ill this report in order to enabl¢ a proper undcrstanding of (he a¢￿unt$ to be rcached.
lan Richards & Co (Leeds) Limited
Accountsnts
10 June 2021
Page 4

Bradford Cinderella Club
Statement of Financial Activities for the Year Ended 31 October 2020
Unrestricted
funds
Total
2020
Note
lTrcume and Endowments from:
Donations and lega¢ie$
Oth¢r in¢oine
35,233
5,094
35.233
5,094
Total inconie
40,327
40.327
Expenditure on:
Charitable 2ctiviti¢s
Oth¢r ¢xp¢nditure
(24.598)
129,198
124.598)
{29.198
TOLII e¥penditu
153.796)
{53.796)
Net movement in funds
(13,469)
(11.469)
Reconciliati(￿ Ibf funds
Total fijnds brought fonvard
667,578
667.578
TotsI funds carried foN'ard
654.109
Unrestri¢ted
funds
654,109
Total
21)19
Note
Income Endowment5 from:
Donalions and legacies
Oth¢r income
7,423
21,257
7.423
21.257
Toial income
28.680
224.6¥0
Expenditure on:
cl￿n(able 2Ctii'ities
OtheT expendilur¢
Total expenditu
(28.4811
(16.858)
128,481)
116.1158)
(45.3_39)
{45.339)
Net mth'ement tn fwids
(16,659)
{16,659)
Recon£iliatirn of fynds
Total funds broughi foniwd
Total funds carried fo￿,ard
661.506
661,
6gH.847
644,847
All of the charit5 s aclivities derive from conlinuing operations during Ihe abo￿ two periods.
Tlie funds breakdown for 2019 is shom'n in note 9.
Pag¢ i

Bradford Cinderella Club
(Registration number: 223444)
Balance Sheet As at 31 October 2020
2020
2019
Note
Fiied &￿et9
Tangiblc assets
InN'estm¢nts
472,765
3il.616
355.181
487.2
824,381
842,471
Current assets
Casli c2t bank and in hand
42,213
58,634
Creditor$: Amounts falling due within one vear
{234,1371
(233.527
Net current liabilities
{191,9241
(174,8931
Net awts
632.457
667,578
Funds of the charitv:
Unre¥tricted income funds
Unrcstrictcd funds
Revaludtion r¢s¢n'¢
654.109
(21.652)
644.847
22.7.31
Total unrestTid&l funds
632.457
667.578
Total funds
6.32,457
667.578
Tlie financial statements on pages 5 to 14 were approved bi. tlie lrnstees, and authoris¢d for issue on 10 June
2021 a
signed on theirbeliair
r James SaTrille
nistec
Page 6

Bradford Cinderella Club
Notes to the Financial Statements for the Year Ended 31 October 2020
l A¢c(wnting policies
Statement of compliance
The financial siaicin¢nis hav¢ bcen prepar￿1 in aceordanee Mith Accounting and Rep)rting bi". Chariii¢s.'
Statement of Recommended Pracrice applicAbl¢ to chariiics preparing their accounts in ￿l¢CordanCe }￿th the
Financial Reporting Siandard applicdble in thc UK a￿1 Rcpiiblic of Ircland {FRS 1112) IcffccÉii"c l J￿1n￿&1ry
2015) - ICli2riti¢s SORP {FRS 102)). Ilie Fin(inc￿l Reporting Siaiidard applicabl¢ in ihe UK and R¢publi¢ of
Irela[￿ IFRS 102) and the cl￿nu&S Act 2011.
Basis of prepar#¢ion
Bradford Cindcrclla Club ineets the definilion of a public benefii entity. und¢r FRS 102. Assets and liabilities Ic re
initially wwgniscd at historica] cost OT transaction iialue unless oiheThTrise stated in the relthwni a¢¢ounting
poliw notes.
EAemption from preparing a cash flow statement
Tlie cl)arili' opied io earl!, adopt Bulletin I publis1￿d on 2 Febn￿ry. 2016 and have iher¢for¢ not in¢lu(kd a cash
flow statement in tl?ese fI￿ncIal sidteinents.
Going concern
Tlie (rnsi¢¢s ¢onsid¢r ih¢r¢ are no mat¢nal unccllainiies about the charit￿s ability to conts'nue as a going
conc¢rn.
Transition lo FRS 102
In prcp<iring tlie accouiits. the trnSt￿ have considered wheiher in applying ihe accounting policies required b}.
FRS 11)2 al￿ ihe Charities SORP FRS 102 a restatenient of coinp(IraliN'e items was required. No restaiemenis
arc rwuired as a resuli of ihe transitson to FRS 102.
Jncome and endowments
Voluniary in¢om¢ including donation& gifts, legacies and granis t1￿ provide core funding or ar¢ of a gcncEal
lur¢ is re¢ognised w"h¢n th¢ charity. has Cntltlcn￿nt to tlie income, it is probable ihai the in¢ome Mqll be
received and tli¢ amount can be mcasurcd M'ith sutTicient reliability.
DoNation5 undlegaci
Donations and legaGic5 r¢Gogniscd on a receivable basis when receipt is probabl¢ and th¢ arnount can E¢
r¢liably n)casured.
Grants receivable
Grants are recogrnsed when the charity has an entitlement to the funds and any ¢onditiOllS link￿1 io the grants
haie b¢¢rt tnet. Wher¢ perforn￿nTr COLiditio1￿ are attac11(￿ to tlic grani aiid dre l'ei 10 be m¢t, lh¢ is
[￿0g￿￿ed as d lidbilit). and i￿luded on the balance slieei as deferred income lo be released.
Page 7

Bradford Cinderella Club
Note5 to the Financial Statements for the Year Ended 31 October 2020
Expcnditure
All el￿ndItUTe is rceogniscd once tliere is a l¢gal or constructive obligation to that expenditure. it is probable
settlemeni is required 2nd the (?illount can be tneasured reliablj.. All ¢osts are alloci£ tcd io the applicable
eitti)diture licading tl]at dg¥reg1c le s￿￿111￿￿ costs to ih41 cai¢gory. Whcrc costs cannot ￿ directl), attribut¢d to
pariicular hedth.nbs ttie}' have ￿en allocaied on a basis consisi¢ni M'ith the use of resoUr￿s, i￿1th centnd staff
osts allocated on ihe bdsis of timc deprecialion charges allo¢atcd on the portion of the asset's use.
O¢licr suppori cosls are allocated b￿¢d on the spl￿d ofstsff costs.
ChoritL7ble ortiviti
Cliariiablc ciycnditure compriscs those costs incunEd bi, Ihc charitTr' in the delivery of its 2Ctivilic5 and 5cr41jces
ror its btncficiaTiCS. It includes both costs that can bc allocated dircctl}' to suclj activiiies arld those costs of a
indir￿1 naiure n￿eSSa[! to support them.
Gruxtprov4sions
Provisions for grants ar¢ mad¢ the intentson to Inake 8 grant h&4 been communicated to the recipient bul
tliere is un¢ertaiiity aboui eliber tlie timing of grant or the amouni of grdnt payable.
Government grants
G￿ernment grants are recO￿li5¢d based on il)e accrual model and ar¢ ime￿Ured al Ihe fair i.alue of ihe asset
rccciird or receii'ablc. Grants aT¢ classified as r¢laiing either lo tcvcnue or to assets. Granis relaiing to re￿en￿¢
are rccognised in Incoine ov¢r ilie ￿ri[￿l iii wliich the related Costs are r¢cogni5ed. Grants relating io assets are
rccognised over the e￿cted useful life of tlie asset. Where part OC a grant reldling to an assel is deferred it is
rccogniscd as dcfcrred income.
Taxatio
Tlic charitv is considered to pass thc tesls sel oul iii Paragraph I S¢hcdule 6 of the Finan¢¢ A¢i 2010 cind
tlicrcfore it meets th¢ d¢fiiiition of a cliaritable coinpanTr for UK corporalion tax purw)ses. A¢wrdinglv. thc
charity. is ￿ten(la11￿ exempt frorn t&iatioii iii respecl of iiicoin¢ or capital gain5 receiN'ed withJ"n ¢diegories
coi'ered bv Chapter 3 Part I l of the Corporation Tax Act 2010 OT S¢ction 256 of t1￿ Tlviion of ChaT&FCdblc
Gains Act 1992. ￿ thc cxtcnt that sucli iiicoJn¢ or gains are applied exclusii'¢lv io ¢hariuble purposcs.
Tangible fixed A8%ets
Indillidu￿ fixcd a5sels cosling £0.00 or inore are iniliallj recorded at cost, less any subscqucnl accumulated
deprecialion and subsequent accuinulated im1￿mient losses.
Depreciation and amortisation
Dcpreciation is proi'idcd on tangible fi.xed asseis so as ￿ iTrTite off tli¢ ¢osi or valuaiion. Ick$ any estiinaled
residual i'aluc. oN'er their e.xpe¢ted useful economic life as lolloM'.s'.
Vixed gsset irtTrestrnents
Fixed ass¢t iiii'eslinenl& otlier ihan programme ￿elat￿ inveslment& are included c1t inarket value ai the balan
sheet dat¢. Ruliscd gall￿ ar￿ losses ini'eslnients are calculaied as the diff¢rence beiiieen sales pr(wds and
thcir inarka Value at lh¢ stsrt of tk ycar. or llieir subs¢qu¢ni cosi. and are charged or ¢redited to the Statement
of FinAncial Actilwities it] the penod ofdispoul.
Unr&11ised gains losscs rcpresenl Ihe rnoTrE￿¢nt in D￿rket ialues during the y￿r and are creditrd or
chdigcd to ihc Siatem¢nt of Trinancial Actiillilies based on th¢ illarket N'alue at ihe year end.
Page 8

Bradford Cinderella Club
Notes to the Finaneial StAtements for the Year Ended 31 October 2020
Cash and equis-alents
Cdgh and cggh equivalejits comprisc cash on hand and call dcposit$, 2nd other short-lerm highty liqllid
ini'estsnents t1￿1 are readily convertible to a knO￿n atnount of cash and ar¢ Sllbje￿ to an insignificant risk of
change in I'alu¢.
Fund sÉrnc￿rc
Unr¢stri¢ted incoiiie funds dre gjenetal fijnds tlllt are available for use at the trnst¢¢s's di￿re[lOn in furthera￿¢
ofihe obje¢tiTres of th¢ charity.
Financial instrnments
CluMification
Financial assets and financia] lidbiliti¢s arc recognised when the charily becomes a party to th¢ contractual
proTrisions of tlie inslnEment.
Fiiianciai liabililies and equity instruments are clwified a￿OrdEng ￿ th¢ substanc¢ of the contractual
arrangcmu)ts Cntcrcd inlo. An equit) ins(rutnenl Is an& conlract (IL21 evidences a r¢siduai int¢r¢sl in th¢ as5¢ts of
Ihe cl)anlTr' after d¢du¢ting all of its liabiliti¢s.
Recognition 4¥ndme¢s¥remenl
All finaiicial assets and liabiliti&4 are initially measur¢d at trdnsa¢tion pric¢ (including tra￿￿¢tion costs). c¥ccpt
for ihos¢ finan¢ia] assets ¢lassifi¢d as ai fair value through piofit or 105s. H,hich drc initiall)- rncasured ai fair
alue Iwhicli is nornii£ Ily the transaction price excluding trdnsaction costs). unless Ihe arrang¢ineni consiitutcs a
financing transaction. Jf an arrangement constilutes a financing Iransaciiorn the financial a5￿t or fiRancia]
liabllii! is measured at the pr¢s¢nt value of the futur¢ p(D'"mcnts discounted at a markei raie of inieres( for a
simi]ard¢bi instrnin¢nL
Finaiicial asseis dnd liabiliiies only offs¢i in siatrin¢nt of finan¢ial p051tion when. dnd onlv w'hcn there
exisls a legallv entorceable rigll to sei off ihe recognised amounts and the charity intends either to scttle on 2
net bcisis, or lo realise the asset and settle lh¢ liabiliii, siinuluneousl!.
Financial asseis are derecognised ivhen a￿1 onl!. ii.hcn #) thc contrnetuai rights lo the cash flom's fmm ihe
fin<in¢iJl assct cipirc or arc scttled. b) the ehdrity trdll5feTS to 3notlier part). 8ubqtanliallj all of ihc risks and
wards of ownership of the financial assel, or c) the charit)." despil¢ haTring rctciin(xi some, but not all,
sigynificani risks al￿ rewards of owll¢rship, has traJlsfeTr￿1 control of thc a&sct to anotherparts..
Fitthncidl lia￿.11t]Lq aTe derecognised only iTrhen the obligation s￿£Ified in ihe cot]tract is dischargL￿, cancelled
or expirs.
Inve¥tmcnts in non-convertible preference shares And non-￿Ilabl¢ ordinary or preference sliares (where shares
are publicly traded or their fair N"aiue Is ￿liablY m¢asurablcl arc illeasured ai fair value tI￿oUgh profit 01 loss.
Wlwe fair value cann(* be measurcd rcliablv. investments are ineasured al cosi less imp<lim￿nI.
In*estments in mbsidiari¢s atd associatcs are rneasured al cosi Iesg itnpairntent. For ini'estments in subsidiaries
acquiTed for consideration in¢luib'ng thc issu¢ of sharcs qualifving for merg¢i ￿lE¢r. cost is mcasured by
refcrcncc to thc nomina] Tralue of the shaff5 issucd plus fair valiic ol other consideration. AnTr prcniiutn is
ignorcd.
Page 9

Bradford Cinderella Club
Notes to the Finantial Statements for the Year Ended 31 October 2020
Fair w(4lMe me4surem*
The best evidence of fair i'alue is a quoted pri￿ for An idclllia] asset in an active market When quoted prices
arc unc1Trailable, tlie price of Ll Tecent Iran5a¢tson for an idcnlia] assct provides ei'ideiice of fair 121u¢ as lony ¢
tliere has not ￿en a signifitranl changc iii cconoinic Circuinstances or a sigiiificant lapse of lime since the
transaction look placc. If ilic market is not actii'e and Tecenl Iransactions of an identical asset on tl)eir own
nol a good eAimate of fair value. thefait valu¢ Is ¢stsmated by usillg a TralUatI(￿ lecl)nique.
2 Ancome frnm donation5 and legacie¥
Unrestricted
funds
Total
2020
Total
2UI
General
Donaiions a￿1 legacies.
Donations froin individuals
Grants. incluth.ng Gqpilal grants;
G￿'ernMent grants
25,233
7.423
iO,O(K)
7.423
Page 10

Bradford Cinderella Club
Notes to the Finaneial StAtements for the YeAr Ended 31 Oetober 2020
3 Net incomingloutgoing resourc
Net outgoing resources for th¢yw include..
2020
2019
Depreciation of fiKcd assels
10.077
7,523
4 Independent examiner's remllneration
2021)
2019
Examination of th¢ financiat statements
2,000
2.000
Page 11

BrAdford Cinderella Club
Notes to the FinAncial Statements for the Year Ended 31 October 2020
5 T￿￿tIOn
Thc (I￿ritV is a r¢gisl¢red ¢haritJ' and is ihcrefore exempl frorn I￿all¢)n.
6 Tallglble fix¢d awts
￿nd
buildings
Total
Coyt
At l Noiember 2019
Additions
376,168
127.662
376,168
127.662
At 31 0clot￿r 2020
503,830
503.830
Depreciation
At l Nth'cnttKr 2(119
Charge foi the}'ear
20,988
10.1)77
20.988
At 31 Octob¢r 2020
31,065
31,065
Net b￿k value
At 3 1 (klober 2020
472,765
472,765
At 31 (ktober 2019
355,180
.355.180
7 Fixed asset investment$
2020
2019
Other investments
351.616
487.2
Page 12

Bradford Cinderella Club
Notes to the Financial Statements for the Year Ended 31 October 2020
Other itti'estments
Li$ted
iDvcytmcnts
Total
Cost or Valuation
At l Novemkr 2019
351.616
351,616
At IE October 2020
351,61C)
151.616
Net book value
Ai 31 O¢toEer 2020
3f1.616
-371.616
Ai 31 October 2019
351,616
-351,616
8 Creditors: amount5 falling due within one year
2020
2019
Othercrediiors
234,137
271.i27
9 Fund$
Bal*nce at I
Noi"etnber
2019
Incomillg
resources
ReJources
exi)ended
Balancc at 31
October 2020
Unrestricted fllnds
G¢n¢iai
1667,578)
147.3751
60.844
(654.1091
B#lxnce at I
NoTrember
2018
Incomin%
re8ourc¢s
Resources
expended
Balance at 31
October 2U19
Unrestricted fuDd$
General
661.506)
(26.202)
42,861
(644.8471
Page 13

Bradford Cinderella Club
Notes to the Financial Statements for the Year Ended 31 October 2020
10 Anal3"sis of net assets betwctn funds
Unrestricted
funds
General
Total funds
Tan￿ble fixed asscts
Fiicd asset ini.'cstmciits
Curreni asseis
Curreni liabtliiieg
472.765
351.616
42.213
(234.1371
472,765
351,616
{274.137)
Totsl nei assets
6_32,4.i7
632.4)7
J l Analysis of rtet fund$
At l Noi'ember
2019
At 31 October
2020
Cash flo
Cash aibank dnd in I￿
58.634
{16.421)
42,213
Net debt
58.634
{16,421}
42,213
Page 14

BrAdford Cinderella Club
Ststement of Financial Aetivitieg by fund for the Year Ended 31 October 2020
Totthl
Ufjrestricted
tunds
2020
Unrestricted
funds
2019
Income and End0￿MentI from:
Donatio￿ and legacieg
Other income
35.233
5.094
7,423
21.257
Totsl income
40,327
28,C)RO
ExpendiÉure on:
Chgriiabl¢ activilics
Other eNycnditu
(24.5981
29,198)
128.4811
(16,8.58)
Total ex￿nditute
{53.796)
(45.339)
Net expenditu
{13,469)
16,6)9
Net movement in thnds
(13,469)
116,6i9)
Reconciliatioft of funds
Toidl funds brouglii fonvard
Tolal funds carried fonvard
667.578
661.506
654.109
644,847
Page 15

Bradford Cinderella Club
Detailed Statement of Financial Activities for the Year Ended 31 Oetober 2020
Total
2020
Total
2019
Income EDdowment¥ from:
DO￿tiO￿ and Icg<lCiCS lanalyscd below)
O(licr incorn¢ lanai)'sed below)
7,423
21.257
5,094
Total incoinc
40,327
28.680
Exp¢nilithTe on:
C.harildblc actiN'ities (arwlysed b¢lowl
(hher expenditu￿ (analyscd bclow)
Tolal eX￿ndliUrt
{24.598)
29.1911
{28,481)
16,8)8
{53.796)
(45.339)
Nct expenditu
{13.409)
(16,659
Net movement in ￿ndS
{13.469}
(16,659)
Reconciliation of funds
To(al funds brought forward
Total funds Ca￿led forward
667,578
661,50(Tr
654.109
644,847
Page 16

Bradford Cinderella Club
DetAiled Statement of Financial Activities for the Year Ended 31 October 2020
Total
2020
Total
2019
Donations tsnd Iqqcie$
App￿15 and donations
UK GoN'ernmeni granis
25,233
10,111M)
7.423
35.233
7,423
Othgr income
In¢om¢ froin listed investments
Int¢res¢ on cash deposits
(Gain) on PTOgraMn￿ relat￿1 ￿nvestsnents
18,701
78
2,478
10
7.(H8
i.1194
21,257
Choritahle uetivlti
Funding
24.598
(28,481)
{24.598)
{28,481)
C)th¥r upenditur¥
po￿0110 management costs
Ingiirallce
Telephone and fax
Rate5
OtTice ¢xp¢nses
Liglit and lieal
Printing, postag¢ and stationery
Just giving cosls
Sundry expenscs
The audit ofthe charity's annual a¢wllnis
Depr¢¢idlion of freehold property
{_3:516)
(3.591)
(1,348)
{1,341)
(2641
(5,263)
(5,109)
(1.235)
(60)
(58)
(216)
(657)
12.000)
(216)
11.5821
12.(M)01
{lQ.n77)
29.198
16,8.i8)
Pagc 17