2023-03-31-accounts - Bede House Association

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Company number: 420386 Charity number: 303199

Bede House Association

Report and Financial Statements 31 March 2023

CONTENTS REFERENCE AND ADMINISTRATIVE INFORMATION ........................................................ 2 OBJECTIVES AND ACTIVITIES ............................................................................................4 ACHIEVEMENTS AND PERFORMANCE ............................................................................. 5 FINANCIAL REVIEW ........................................................................................................... 10 PRINCIPAL RISKS AND UNCERTAINTIES ......................................................................... 12 PLANS FOR FUTURE PERIODS ......................................................................................... 13 STRUCTURE, GOVERNANCE AND MANAGEMENT .......................................................... 14 INDEPENDENT AUDITOR’S REPORT ................................................................................ 17 STATEMENT OF FINANCIAL ACTIVITIES .......................................................................... 21 BALANCE SHEET................................................................................................................ 22 STATEMENT OF CASH FLOWS ......................................................................................... 23 NOTES TO THE FINANCIAL STATEMENTS ....................................................................... 24

Bede House Association

Reference and administrative information

For the year ended 31 March 2023

REFERENCE AND	ADMINISTRATIVE INFORMATION	ADMINISTRATIVE INFORMATION
Company number	420386, incorporated in the UK
Charity number	303199, registered	in England and Wales
Registered office and	351 Southwark Park Road, London, SE16 2JW
operational addresses	Bede Centre, Abbeyfield Road, London, SE16 2BS
Council	The members of the Council, who are directors under company law,
	who served during	the year and up to the date of this report were as
	follows:
Current Members	W Cookson	Chair
	J Cotton	Vice Chair
	S Dingomal	Treasurer (appointed 22 September 2022)
	C Cook
	A Booth
	C Knight
	J Kong
	S Murphy
	R Ogilvie
Retired Members	M Hickson	Retired 10 November 2022
	N Panesar	Retired 24 June 2022
	J Kent	Retired 10 November 2022
Principal staff	Mahua Nandi	Director and Company Secretary
	Carole Brady	Learning Disabilities Service Manager
	Ahlam Laabori	Domestic Abuse Project Manager
	Pam Whyte	Finance Manager
Bankers	Unity Trust Bank, 4	Oozells Sq, Birmingham B1 2HB
	CCLA, 85 Queen Victoria St, London EC4V 4ET
	TSB, PO Box 373, Leeds, LS14 9GQ
Auditor	Sayer Vincent LLP
	Chartered Accountants and Registered Auditors
	Invicta House, 108-114 Golden Lane, London EC1Y 0TL

Bede House Association

For the year ended 31 March 2023

Report of the Council

The members of the Council, who are also Trustees and Directors, present their report and financial statements of Bede House Association (“Bede House” and “Bede”) for the year ended 31 March 2023.

MESSAGE FROM WENDY COOKSON, CHAIR OF BEDE COUNCIL

Bede remains a central part of the community in Bermondsey, Southwark, after successfully navigating and emerging from the pandemic and, more recently, Southwark Council’s change in plans for the Abbeyfield Estate. The staff, volunteers and Trustees continue to work creatively with these and other challenges, to the benefit of all those we support. We become stronger as a result, relying on our resilience that is borne out of many years responding to the needs of the community as it has changed since 1938 when Bede was formed.

All of us at Bede are always acutely aware that our continued success relies on charitable donations from trusts and from members of the public. We are eternally grateful for this valuable support that enables us to continue to support so many in our community. Thank you.

Wendy Cookson chair@bedehouse.org

Bede House Association

Report of the Council

For the year ended 31 March 2023

OBJECTIVES AND ACTIVITIES

Bede House Association’s charitable objects are “to promote any charitable purpose, in particular for persons in the London Boroughs of Lambeth, Lewisham and Southwark through the advancement of education, the relief of persons with disabilities, educating children and young people through their leisure time activities to develop their physical, mental and spiritual capabilities and by such other means as Council Members shall determine.”

We deliver on these objects in the following way.

Bede in the community: With deep roots in Bermondsey, Bede provides welcoming, accessible spaces and opportunities centred on the local community’s needs.

Providing high-quality expert services: We work directly with communities and individuals where they face particular barriers to inclusion, health and wellbeing. Our strengths are in person-centred, holistic support for three key groups:

People with learning disabilities
Local young people
Survivors of domestic abuse and their families.

Bede is supported in these aims by:

Our staff and volunteers: Bede’s people are responsible for the high quality of the services we provide. We value their expertise and ensure that working at Bede is a happy, healthy experience. We provide paid and voluntary work opportunities that enable strong, diverse local communities to thrive.

Our funders and supporters: Bede could not achieve its purpose without the support of our wide range of funders, supporters and partners. We work to ensure that they understand their importance as part of the Bede family. Bede works in partnership with others to benefit the individuals that Bede wants to support into happy, flourishing lives.

Our infrastructure: We invest in our buildings, community spaces and digital systems, to make efficient use of the resources we have available and free up our staff and volunteers to spend time at the frontline of our work.

Good governance and sustainability: Bede is a responsible contributor to its community. We manage our finances and resources sustainably. Our trustees ensure that Bede is well governed and meets all of its obligations.

Members of the Council have referred to the Charity Commission’s general guidance on public benefit when reviewing Bede’s aims and objectives, and in planning its future activities. In particular, Members of the Council consider how planned activities will contribute to Bede’s charitable purpose.

Bede House Association

Report of the Council

For the year ended 31 March 2023

ACHIEVEMENTS AND PERFORMANCE

At heart, Bede is a local community organisation, anchored in the Abbeyfield estate next to Southwark Park in Bermondsey, south-east London. It still operates from its original House, from the purpose-built Bede Centre in the estate itself, and from local allotment and nature garden space that Bede manages for Southwark. There has been ongoing uncertainty about plans for regeneration of the wider estate, and since 2016 Bede has worked within an area that is increasingly a building site with restricted access. During the course of 2022 it became clear that the council’s plans for the estate had changed, and that Bede would have to rethink its own plans for a new community centre. This has meant that we have had to carefully review all our activities and make sure they are flexible enough to respond to the changing needs of our local community over the next few years.

In 2022/23 Bede worked directly with 780 individuals (656 in 2021/22), through its wide range of services ranging from short-term group work, to intensive 1-1 support built up over many years. This figure does not include all the family, friends and local community members connected with Bede, and we estimate that we reach around 2,000 members of the Southwark community.

Figure 1: Bede’s mix of service users 2016-23

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All LD participants Starfish clients Starfish children Schools workshops Youth clubs
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Supporting local young people

Bede has run a multi-faceted youth programme for several years, supporting local young people through a programme of clubs, mentoring and school sessions, as well as volunteering and training opportunities. Building work around the club meant that our facilities have become ever more restricted, and in December 2022, we took the difficult decision to pause our youth work from the Bede Centre. Once the local authority’s plans for the estate become clearer and activities can be managed safely, we expect to restart our drop-in youth clubs. In the 9 months of operation in 2022/23, 74 young people joined Bede’s clubs (75 in the full year 2021/22). They attended a total of 536 times (1,138 in 2021/22).

Bede House Association

Report of the Council

For the year ended 31 March 2023

Supporting families and carers

25 carers of people with learning disabilities were supported to attend work or education (24 in 2021/22). In addition, 3 carers rely on the Bede service to be able to attend health appointments. Austerity and the cost-of-living crisis continued to affect families and the impact accelerated this year. In October 2022 Bede facilitated a meeting between clients, their families and carers, advisors from Mencap and local Southwark councillors to discuss the social care charges being increasingly levied on individuals to contribute to care costs. It provided an important opportunity for clients to outline the real-life effects of these policies to local decision-makers.

A place for the local community

As we emerged from lockdown Bede was once more able to offer out its community hall and facilities for resident events and parties. In August we held our first summer Fun Day for 3 years and hosted over 100 clients, members, family and friends, and local councillors. We were delighted that the Mayor of Southwark joined us for a joyous afternoon of food, fun and entertainment, after so many years of isolation.

We continued to work with local health teams to provide a local base for outreach work. Bede hosted a Covid booster clinic in the centre in autumn 2022, primarily for clients with learning disabilities to access the vaccine in a comfortable, familiar environment.

Enabling Disabled People to be Respected, Valued and Active

Bede supports a vibrant community at the Bede Centre of people with learning disabilities, who in turn support the local community through their work in the area. In the year Bede worked with 116 individual people with learning disabilities (105 in 2021/22). Southwark Council estimates there are around 1,300 people in the borough with moderate or severe LD, which would mean Bede supports around 9% of the total population.

Figure 2: Total and social care-funded clients with learning disabilities 2016-23

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All LD participants Funded clients
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Of the 116 people we have worked with over this year, 66 currently have a formal service agreement with Bede (72 in 2021/22). These service agreements are reliant on local authority

Bede House Association

Report of the Council

For the year ended 31 March 2023

funding, which is under clear and sustained pressure that we expect to continue over future years. However, despite cuts to council funding Bede has worked with more individuals than in any previous year. Bede received 65 referrals in the year and offered taster visits to 43, to allow people to try out activities and get used to the centre. 6 have so far joined club and a further 4 are waiting for funding to be authorised to join regular activities.

We continue to provide support through our social club and other activities that are not funded by the local authority but are nevertheless a lifeline for people that can otherwise struggle to find friendly, accessible space outside their home. An average of 18 people join Bede’s social club each week.

Supporting active lives

Bede clients follow a personal timetable drawn from a rich mix of activities at the Centre and in the local community. In order to offer a wide variety of opportunities, Bede builds partnerships with other local organisations and fundraises to enhance what could be offered through the local authority social care budget alone. Activities include art, craft, music and fitness sessions at the Centre, as well as walking groups in Southwark Park. We support several groups working at the local allotment in Southwark Park. In the year we made improvements to the Aspinden nature garden, and a weekly group maintains the space and conserves the wildlife there. 3 clients continued to volunteer at Surrey Docks Farm over weekly visits. In September 2022 we held our annual Harvest Day at the allotment jointly with Surrey Docks Farm, where several of our gardeners proudly showed off the produce they had grown in the year.

Clients continue to work in the Bede café, preparing food and serving customers each day. We also run a baking group, which will be able to make use of the domestic kitchen in the ground floor of the Centre rather than the more overwhelming industrial kitchen in the café.

Bede works in partnership with Docklands Settlement, who provide modern sports facilities for Bede’s football and multi-sport groups twice-weekly. Bede is an active member of the disability football league and teams compete regularly in the local championships.

Supporting independent travel

Over the years Bede has trained and now employs 3 travel buddies with mild learning disabilities. One of our original buddies has now become a support worker. Buddies partner with clients, supporting them to travel independently by public transport and gain confidence. 498 trips were diverted from car journeys in the year (272 in 2021/22). Travel has always been a barrier to wider independence and employment, and this project supports people with learning disabilities to achieve both. In the year we also received funding from Transport for London to expand support to ‘walking buddies’, to further support clients’ health as well as their independence through travel.

Connecting clients with the wider community

We relaunched our Inside Outside project in summer 2022, where volunteers from the Bede Centre support local householders with gardening, shopping and other support. Volunteers made 198 visits in the year (144 in 2021/22). Funding from Southwark Charities and United St Saviours Charity allowed us to expand our contacts with householders and we supported 35 people in the year (6 in 2021/22).

Through the EQUIP Community Grants programme, Bede supported 8 participants towards

Bede House Association

Report of the Council

For the year ended 31 March 2023

employment. We supported participants to work out their employment goals and identify any training needs they had. Over several weeks, participants undertook training, covering time management, personal presentation, CV writing, interview training and mock interviews. At the end of the funded programme in December 2022, all 8 participants were accepted or were waiting for placements into employment or training.

Freedom from Fear and Breaking the Cycle of Violence

Figure 3: Reach of Bede’s domestic abuse prevention and healthy relationship activities

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2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
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Bede’s Starfish domestic abuse service worked intensively with 166 adult clients in the year (113 in 2021/22 – a 47% increase in one year), and with 195 children (116 in 2021/22). We have seen a large increase in clients requiring mental health support and 42% of clients presented with a mental health need. As the only service in Southwark that has a specialist domestic abuse counselling service, we expect the demand for this service to grow further.

Although the number of cases increased significantly, the routes by which people came to Bede remained relatively stable. Nearly half (45%) of the people that came to Bede in the year approached us directly. Of the 55% referred by professional agencies, social services referred 22%, health teams 11% and other voluntary agencies 10%.

In February 2023 the Starfish team began a new partnership with Refuge, to expand its successful specialist counselling and begin a new child therapy service for survivors of domestic abuse. In the 2 months to end of March 2023 we opened 48 new counselling cases across our small team, demonstrating the huge need for such a service. A quarter of these cases were assessed as high risk.

We supported 26 clients with court orders (12 in 2021/22) and 100% were obtained. We have seen a marked increase in court dates, but they continue to be severely affected and delayed by budget cuts and Covid backlog in the court system. We have however seen the positive impact of our involvement in keeping clients' trust and engagement in the process. Most clients have no legal representation and would drop their cases in the face of delays.

Bede House Association

Report of the Council

For the year ended 31 March 2023

58 of the 195 children we worked with were open to social services, either as a Child Protection case, Early Help or Child In Need. 14 cases were assessed at reduced risk and 9 were removed from child protection plans with Bede’s support.

We continue to run a successful, expert-led Freedom Group programme, with 17 women attending a 6-month cycle of sessions. The group receives consistently positive feedback with 100% of participants stating they have learnt what domestic abuse is. 98% felt more empowered to leave a current abusive relationship; 100% found sharing experiences with their peers empowering; 100% of clients reported a reduction in loneliness; 97% felt that the group helped boost their confidence; 70% felt less angry.

Following Bede’s return from lockdown, we integrated our schools’ workshops on healthy relationships more closely with our domestic abuse support work. Workshop facilitators now have expertise in surfacing the signs of abuse and supporting young people at risk of entering abusive relationships. We completely revised our materials in line with national guidance and trends. 229 young people attended workshops in 2022/23 (247 in 2021/22).

Staff and volunteers

Bede is a major provider of volunteering and training opportunities in Southwark, particularly for local young people and for people with learning disabilities. 21 (20 in 2021/22) Bede staff, and most of our volunteers, live in the borough. As we have progressively lifted social distancing measures we have actively recruited new volunteers through the year and now have 26 regular active volunteers across the charity, not including the 9 Bede Council members who are trustees of the charity.

Students on placement from London Southbank University continue to support the domestic abuse team and for the first time we are working with social work students from Southwark’s Frontline training programme. Two interns have joined us in the year from Vanderbilt University, Tennessee.

Members of Friends of Bede and employees of companies who have chosen to support Bede volunteer to help with fundraising activities and social events involving the local community.

Bede’s spaces

Bede House Association owns the freehold of Bede House, its original premises on Southwark Park Road, and has a 60-year lease on the Bede Centre in the Abbeyfield estate till 2030. We continued to hire a local tenants’ hall until the end of November 2022, to allow for additional social distancing, but brought all activities back to the Bede Centre hub in December.

Bede works with Southwark Council to manage 2 local green spaces. These proved to be a lifeline for clients and members through the lockdown period, and we have continued to support an expanded programme of outdoor activity as life returns to some normality. Following on from the successful refurbishment of the allotment in 2021, we invested in the Aspinden nature garden to install a covered pergola and wheelchair-friendly boardwalk, and to repair the pond system. The work was completed in March 2023 and we are building up community links to make the space accessible to local groups.

Bede’s lease on the Bede Centre is until the end of 2030. For the past several years the charity

Bede House Association

Report of the Council

For the year ended 31 March 2023

has been working with Southwark Council to agree plans for a new Centre, as part of a refurbished Abbeyfield Estate. During the course of the year, the council reviewed its wider plans, and in early 2023 it took the decision to demolish the estate rather than refurbish the existing buildings. This has a significant impact on Bede’s plans, as we were due to move to a new centre sited in the refurbished tower block with a 125-year lease. Rather than stall our own plans indefinitely pending certainty from the council, Bede’s trustees took the decision to invest in a small-scale improvement of our existing buildings. We were incredibly grateful that some donors to the new Bede Centre agreed to redeploy funds to this project, as it allowed us to make improvements with immediate benefit. At March 2023 the improvements were underway and will provide better wheelchair access and a wider range of quieter spaces for people who might otherwise find Bede too overwhelming.

FINANCIAL REVIEW

Results for the year

Income of £1,320,092 from continuing operations (excluding the capital appeal for the new Bede Centre) has decreased by £17,921 (a 1.3% decrease from £1,338,013 in 2021/22). Income less expenditure from continuing operations, excluding the capital appeal for the new Bede Centre resulted in a deficit of £9,147, compared to a surplus of £69,265 in the prior year. Restricted income for the capital appeal for the new Bede Centre was £60,402, which increased our overall income to £1,380,494, making an overall surplus of £51,255.

Income and fundraising performance

About half of Bede’s total operating income is derived from personalised adult social care budgets, individually negotiated and agreed for each client. In 2022/23 this totalled £759,123 (£558,670 in 2021/22). Numbers and income have recovered after being cut during lockdown. These places are funded under individual contracts by the local authority, principally the London Borough of Southwark, but we are aware that clients are increasingly being required to pay towards these costs via care charges.

£32,019 (£40,816 in 2021/22) was from individual donors and fundraising efforts. The difference in income was primarily due to fundraising from London Marathon sponsorship. Four runners very generously supported Bede in the October 2021 marathon, but there was no in-person event held in the 2022/23 year. We are incredibly grateful to all our donors, both old and new.

Bede is otherwise dependent on charitable revenue grants and donations. Income for 2022/23 from these sources was £494,031 (£721,628 in 2021/22, and higher than anticipated because of one-off Covid emergency grants). Our thanks go to all our grant funders for their vital support in the 2022/23 financial year, including:

Alan & Babette Sainsbury Invesco Cares Reuben Foundation Abal Environmental Services Ltd Jack Petchey Foundation Robert Holman Memorial Trust Alchemy Foundation Jessica Mathers Trust Sir James Roll Charitable Trust Alma Jean Henry Charitable Trust John Horseman Trust Southwark Charities Amazon Giving Fund John R Murray Charitable Trust Southwark Council Andrew Sutton Trust John Scott Charitable Trust Stella Coffee & Tea Aspinwall Charity Ladbrokes Coral Trust St Olave's & St Saviour's BBC Children in Need Leanne & Winston Newman Foundation Fund Bernays Charitable Trust Charitable Trust Team London Bridge

Bede House Association

Report of the Council

For the year ended 31 March 2023

Blakemore Foundation	Masonic Charitable Foundation	The Amicable Society
Capital Group	Mbili Charitable Trust	The Baily Thomas Charitable Fund
Casey Trust	Michael & Anna Wix Charitable Trust	The Henry Smith Charity
Chesterhill Charitable Trust	National Lottery Community Fund	The London Community Foundation
City Bridge Trust	Newcomen Collett Foundation	The Paddington Development Trust
Clare and Bermondsey Trust	Ninth Wave	Tisbury Telegraph Trust
Clifford Charity Oxford	North Southwark Environment Trust	Trelix Charitable Trust
Costa Community Fund	Norwegian British Chamber of	United St Saviour's Charity
D R Fine Charitable Trust	Commerce	Veale Wasbrough Charitable Trust
David Isaacs Fund	Okra Studio CIC	Webb Family Charitable Trust
Eric F Sparkes Charitable Trust	Omnicom Media Group UK	Westminster Foundation
Galldris Construction	Transport for London	Worshipful Company of Cooks
Garfield Weston Foundation	Pat Newman Memorial Trust	Worshipful Company of Launderers
H & J Spack Charitable Trust	Pom Charitable Trust	Worshipful Company of Poulters
Haramead Trust	Refuge	Worshipful Company of Tylers &
Henhurst Charitable Trust	Rest-Harrow Trust	Bricklayers
Hugh Symons Charitable Trust		WRA Charitable Trust

Trustees are aware that Bede’s success relies on charitable donations from trusts and from members of the public. Bede is registered with the Fundraising Regulator which sets expectations and standards. There were no fundraising complaints in the year. Senior staff members and the central team are all engaged in negotiating, renewing and accounting for funds spent against grant agreements, as well as applying to charitable trusts and managing relationships with supporters and donors. Bede also works with external fundraising consultants. Progress on fundraising is scrutinised by members of the Council at every Finance Committee and Council meeting.

Expenditure

Overall expenditure rose by nearly 5% year on year. Much of the additional expenditure in the year was in respect of one-off repairs to the Bede Centre, which will be in operation for the next few years as Bede agrees a revised plan with Southwark Council for new premises. The charity also began to feel the effects of inflation within the year, which we expect to continue for the next few years. 69% of expenditure was on staff costs, which actually decreased by 1.9% year on year as a result of staff turnover and a subsequent reorganisation of Bede’s activities to reduce expenditure on senior and back-office staff.

Funds

Total funds at 31 March 2023 were £1,618,612 (£1,567,357 at 31 March 2022).

Restricted funds, which have been given for a particular purpose and are not available for general use by the charity, totalled £549,393 (£488,991 at 31 March 2022). 96.5% of this comprises a restricted fund for the new Bede Centre capital appeal, which stood at £530,523 on 31 March 2023 (£470,121 on 31 March 2022). Funders have been kept updated with the change in Southwark’s plans and we still expect to incur these costs in due course, as Bede is still planned to move to a new centre as part of the redeveloped estate.

Total cash balances at 31 March 2023 were £1,357,958 (£1,352,521 at 31 March 2022). This includes the restricted capital appeal fund, which is held in cash deposits.

Trustees set aside designated funds to underwrite its charitable activities, to provide security if Bede does not achieve its short-term fundraising targets or incurs unforeseen short-term

Bede House Association

Report of the Council

For the year ended 31 March 2023

costs. See Note 17a for details. Designated funds stand at £545,591 at 31 March 2023.

Reserves Policy and Reserves Level

Bede House Association retains free reserves (unrestricted reserves excluding fixed assets), to underwrite the key risks facing the charity. In particular, half of the charity’s annual income derives from fundraised income, with a third on average needing to be renewed each year in an uncertain climate. Bede’s expenditure is primarily on staff and premises costs, meaning that the charity is committed to year-on-year expenditure without the associated security of income.

To provide some security to Bede’s beneficiaries, the trustees’ policy is that Bede holds free reserves of not less than three months projected operating expenditure, and that six months’ expenditure is appropriate to manage fluctuations in Bede’s fundraising income in ordinary circumstances. Trustees designate funds against specific identified risks where possible.

Projected expenditure for 2023/24 is £1,460,876, and free reserves at 31st March 2023 stand at £874,119, which therefore represents seven months’ operating expenditure. This is slightly in excess of the reserves stipulated in the policy and reflects the fact that Bede is managing additional risks over the next five or so years. The charity is planning a major transition to new premises, in a volatile fundraising period with upward inflationary pressures on costs.

Policy on selection of investments

Bede House Association holds all its balances in instant access and short-term cash deposit accounts. Deposit accounts are explicitly managed to achieve the objectives of the Trustee Act 2000.

Going concern

Bede House has sufficient assets in place to cover its current plans and has not undertaken any significant future financial commitments. No commitments are made without sufficient resources being in place to cover such expenditure. Bede’s trustees monitor any financial commitments arising from development of the new Bede Centre to ensure that the charity is able to meet any payments that will fall due as a result.

PRINCIPAL RISKS AND UNCERTAINTIES

Bede Council has identified the charity’s key areas of risk as: finance, funding, staffing, reputation, premises, governance, service quality, information governance, third party suppliers, donors, and safeguarding. Bede Council considers an updated risk register at every meeting, and monitors strategies for mitigating risk as well as any incidents arising and lessons learned.

Bede’s core work is with children and young people and adults at risk of abuse, and the charity closely manages its safeguarding risks. Bede’s senior operational managers are safeguarding leads for the charity. All staff, volunteers and trustees complete regular training and appropriate DBS checks are renewed every three years. Senior managers maintain close links with social services to ensure safeguarding issues are reported and procedures followed. Bede Council annually reviews Bede’s safeguarding policies, procedures and lessons learned from any incidents. They are informed immediately of any major incidents that have occurred,

Bede House Association

Report of the Council

For the year ended 31 March 2023

and how managers have responded.

Along with many other charities, Bede is currently facing heightened finance, funding and premises risks. Bede’s funding relies heavily on grants that are given for a limited period, and we are under significant pressure on our budgets through inflation on all costs. The Council monitors the charity’s finances and fundraising pipeline closely throughout the year. We plan ahead and seek to generate income from a diverse range of sources, against forward budgets that include appropriate inflationary increases.

Bede’s premises are central to the charity’s role as a local community organisation. As well as its two buildings, Bede manages garden and wildlife spaces, all of which play a key role in our services. Bede’s premises committee meets monthly and monitors compliance with Bede’s responsibilities as an employer, an owner and manager of buildings, and as a social care provider. Southwark Council’s change of plans for the estate and new Bede Centre has created a heightened risk for the charity, but Bede holds one building freehold and has several years’ remaining on the lease for the other, so has some years over which to consider its options. The premises committee assesses all options available to the charity at its regular meetings.

PLANS FOR FUTURE PERIODS

Bede’s plans were very significantly disrupted by Southwark Council’s change of plans for the Abbeyfield Estate, and with it for the new Bede Centre. The council has undertaken to draw up new plans in consultation with local residents. While Bede supports this community-led approach, it does mean that definite plans for the estate are likely to be several more years in development. We have invested in short-term improvements to our current Centre. This will allow us to expand our work immediately and trial different activities and approaches pending clarity over long-term plans for the new centre. We are also revisiting plans for Bede House, which the charity owns outright. We have been very grateful to the many donors and friends that have pledged funding to our new Centre plans, and who continue to support Bede as we revise our approach.

Bede has well-established services, and leads the way in Southwark in its support for people with learning disabilities and in its support for survivors of domestic abuse. The Bede learning disabilities service is a key partner in Southwark’s successful bid to innovate its short breaks service for disabled children and young people. The project starts in April 2023 and Bede will trial new approaches to supporting 19-25-year-olds in the borough to develop their confidence and independence after school and college. The Starfish team will continue to provide an expanded service of specialist counselling and child therapy, as part of its partnership with Refuge, and will continue to build on the successfully revised healthy relationships workshops in schools.

We continue to see the effects of pandemic and increased costs of living on the mental health and wellbeing of our clients and neighbours. We also expect local funding restrictions to become ever-more pressing and with increasing impact on the people we support. Our community-based work, including the youth clubs that have been part of the Bede tradition for many years, is very much dependent on the council’s plans, and we have taken the decision to scale back activities pending more certainty. Part of our investment in the current Centre is to make the buildings more accessible for the local community, including benches and planters to brighten up the building works around us.

Bede House Association

Report of the Council

For the year ended 31 March 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT

Legal status

Bede House Association was incorporated as a company limited by guarantee on 28 September 1946 and registered as a charity in England and Wales on 30 July 1962.

The accounts of Bede House Association have been prepared in accordance with the provisions of the Companies Act 2006, the Charities SORP in accordance with FRS102, applicable UK accounting standards and the Memorandum and Articles of Association of Bede House.

Governance

Bede House Association is governed by its Council. The 12 members of the Council from 1 April 2022 to the date of this report, are listed in the reference and administrative details at the beginning of this report.

There are currently 3 male and 6 female Council members, 5 of whom live or work in Southwark. Council members have no beneficial interest in the Association. They all work on a voluntary basis. We express our heartfelt thanks to Nitu Panesar, John Kent and Martyn Hickson, who all retired from Council in 2022/23 after several years of service.

The Council met 6 times in 2022/23 (2021/22: 6 times). Members of the Council take account of the Charity Code of Governance and review performance against the Code. Committees report to the Council. They comprise the Finance Committee, which meets at least quarterly, and a Premises Committee, which meets monthly. Ad hoc committees are constituted for specific tasks such as to oversee individual trustee appointments.

Management

The Council is responsible for the strategic direction of the charity, including approval of the annual plan and budget. The Council monitors progress and any associated risks, and makes decisions about the appointment of Council members and senior staff.

The Council delegates responsibility for the day-to-day operation of Bede to the Director, Mahua Nandi, and the Bede Senior Management Team.

Pay and Remuneration of Employees

Bede’s strength derives from its dedicated, skilled staff team, and around 69% of our resources are expended on staff costs. We seek to achieve a fair balance between good rates of pay, security of employment, and the need to utilise our charitable funds responsibly. Salaries are benchmarked against national NJC pay scales, National Living Wage, London Living Wage, and an assessment of the market rates for each particular post. The Council reviews salaries each year, and when vacancies occur that present a special case for review. It has regard to the ratio of the Director’s remuneration against the lowest salary of the organisation, and in 2022/23 the Director’s hourly rate was less than 3 times that of the lowestpaid staff. We offer permanent or fixed-term contracts, and only occasionally engage employees on variable-hour contracts. Although Bede is not a member of the Living Wage

Bede House Association

Report of the Council

For the year ended 31 March 2023

Foundation, all staff are paid at, or above, the London Living Wage (LLW).

Recruitment, Induction and Training of Members of the Council

Recruitment of new members of the Council takes place when required, and with regard to maintaining a balance of skills and experience. Trustee vacancies are advertised publicly and candidates are interviewed by a panel of existing Council members.

New members of the Council undergo an induction led by the Bede Chair of Council and Director, building on Charity Commission guidance CC3: The Essential Trustee, guidance from Community Southwark (the local Council for Voluntary Service), NCVO and other bodies. The Council’s performance is reviewed regularly and in 2021 the Council undertook a refreshed review of its effectiveness against the 2020 Charity Code of Governance.

Members of the Council hold office for one year from the charity’s Annual General Meeting at which they were elected. They may be put forward for re-election at the charity’s next Annual General Meeting. No member of the Council is individually entitled to appoint new members of the Council.

Connections to wider networks

Bede is just one organisation in the wider Southwark support system for the local community. We work in partnerships and informal relationships across all aspects of our work. Many of these working relationships have been forged over several decades. We work closely with Millwall Community Trust, Surrey Docks Farm, Time and Talents, the Docklands Settlement and many others. Bede staff represent the wider voluntary and community sector in the local care partnership integrating health and social care support in the borough, particularly with regard to support for people with learning disabilities. The learning disabilities team forge close links with colleagues in Southwark Council and local colleges to support clients at the Bede Centre.

The Bede Starfish Domestic Abuse Project is an integral part of local provision, and after several years working independently of the commissioned service Bede entered into a formal agreement to provide specialised services to the locally-commissioned provider Refuge, from February 2023. Bede attends the MARAC (Multi-Agency Risk Assessment Conferences) steering group and works closely with the police. Since July 2016, Bede has been providing weekly sessions at the Community Safety Unit. This continues, even following the reorganisation of policing in south London. Bede also works closely with statutory services in Southwark to ensure joined-up support for our clients and beneficiaries.

Friends of Bede engages wide community support for Bede’s activities and stimulates voluntary and community activity in the neighbourhood amongst individuals and local businesses. We are very grateful to Team London Bridge for their ongoing support in linking Bede with corporate partners, who provide resources and support to our clients.

Auditors

Following a routine, periodic re-tendering for audit services, Sayer Vincent were appointed by Bede Council in February 2014

Bede House Association

Report of the Council

For the year ended 31 March 2023

Statement of responsibilities of the Council of Bede House Association

Company law requires the Council to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the members of the Council are required to:

Select suitable accounting policies and then apply them consistently;
Observe the methods and principles in the Charities SORP;
Make judgements and estimates that are reasonable and prudent;
State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and
Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The Council are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as each of the Council members are aware:

There is no relevant audit information of which the charitable company’s auditors are unaware; and
The Council members have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

The Council are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Sayer Vincent LLP were re-appointed as the charitable company's auditors during the year and have expressed their willingness to continue in that capacity.

The report of the Council has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

On behalf of the Council

W COOKSON 05 July 2023

S P DINGOMAL 05 July 2023

Independent auditor’s report

To the members of Bede House Association

Opinion

We have audited the financial statements of Bede House Association (the ‘charitable company’) for the year ended 31 March 2023 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Give a true and fair view of the state of the charitable company’s affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure for the year then ended
Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
Have been prepared in accordance with the requirements of the Companies Act 2006

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Bede House Association’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly

Independent auditor’s report

To the members of Bede House Association

stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
The trustees’ annual report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
The financial statements are not in agreement with the accounting records and returns; or
Certain disclosures of trustees’ remuneration specified by law are not made; or
We have not received all the information and explanations we require for our audit; or
The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report.

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Independent auditor’s report

To the members of Bede House Association

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

We enquired of management which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to:
Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance;
Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud;
The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations.
We inspected the minutes of meetings of those charged with governance.
We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience.
We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit.
We reviewed any reports made to regulators.
We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations.

Independent auditor’s report

To the members of Bede House Association

We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.
In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities . This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Joanna Pittman (Senior statutory auditor) 13 July 2023

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Bede House Association

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2023

Unrestricted Note £ Income from: 2 181,335 3a - 3b 759,123 3c - 4 4,990 12,829 958,277 5 - 958,277 44,257 77,912 804,734 40,521 6 967,424 (9,147) - (9,147) 1,078,366 1,069,219 Total funds carried forward Other income Total funds brought forward Net income/(expenditure) for the Total expenditure Charitable activities Youth Adventure Project Domestic Abuse Project Learning Disabilities Project Capital Appeal for the Bede Centre Total income Raising funds Net movement in funds Donations and legacies Transfers between funds Charitable activities Expenditure on: Investments Income from Operations Domestic Abuse Project Learning Disabilities Project Youth Adventure Project	Restricted £ 300 137,301 126,031 98,183 - -	2023 Total £ 181,635 137,301 885,154 98,183 4,990 12,829	Unrestricted £ 238,595 - 558,670 - 6,560 453	Restricted £ 94,990 124,725 82,073 231,947 - -	2022 Total £ 333,585 124,725 640,743 231,947 6,560 453
958,277	361,815	1,320,092	804,278	533,735	1,338,013
-	60,402	60,402	-	57,064	57,064
958,277	422,217	1,380,494	804,278	590,799	1,395,077
44,257 77,912 804,734 40,521	- 137,601 126,031 98,183	44,257 215,513 930,765 138,704	76,410 41,900 572,273 15,804	- 146,745 160,765 254,851	76,410 188,645 733,038 270,655
967,424	361,815	1,329,239	706,387	562,361	1,268,748
(9,147) -	60,402 -	51,255 -	97,891 -	28,438 -	126,329 -
(9,147)	60,402	51,255	97,891	28,438	126,329
1,078,366	488,991	1,567,357	980,475	460,553	1,441,028
1,069,219	549,393	1,618,612	1,078,366	488,991	1,567,357

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 17 to the financial statements.

Bede House Association

Balance sheet

Balance sheet	Balance sheet
As at 31 March 2023			Company no. 420386
Note £ Fixed assets: 12 Current assets: 13 164,822 1,357,958 1,522,780 Liabilities: 14 99,269 16 17 410,151 100,000 35,440 159,660 363,968 Net current assets Total net assets The funds of the charity: Creditors: amounts falling due within one year General funds Total unrestricted funds Total charity funds Restricted income funds Unrestricted income funds: Designated funds - charitable activities Revaluation reserve Designated funds - fixed asset reserve Designated funds - maintaining Bede's premises Cash at bank and in hand Tangible assets Debtors		2023 £ 195,101	£ 94,411 1,352,519	2022 £ 219,506
		195,101 1,423,511		219,506 1,347,851
	1,522,780 99,269		1,446,930 99,079
	410,151 100,000 35,440 159,660 363,968		551,339 100,000 56,087 163,420 207,520
		1,618,612		1,567,357
		549,393 1,069,219		488,991 1,078,366

		1,618,612		1,567,357

Approved by the trustees on 05 July 2023 and signed on their behalf by

W COOKSON S DINGOMAL Chair Treasurer

Bede House Association

Statement of cash flows

For the year ended 31 March 2023

£ £ 51,255 31,668 (12,829) (70,411) 190 (127) 12,829 (7,263) 5,566 5,439 1,352,519 1,357,958 2023	£ £ 51,255 31,668 (12,829) (70,411) 190 (127) 12,829 (7,263) 5,566 5,439 1,352,519 1,357,958 2023	£ £ 126,329 38,341 (453) 2,333 (139,198) 27,352 453 (2,382) (1,929) 25,423 1,327,096 1,352,519 2022	£ £ 126,329 38,341 (453) 2,333 (139,198) 27,352 453 (2,382) (1,929) 25,423 1,327,096 1,352,519 2022
12,829 (7,263)		453 (2,382)

	5,439 1,352,519		25,423 1,327,096
	1,357,958		1,352,519

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b) Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

c) Going concern

The trustees considered the most conservative version of the budget up to 12 months of signing, only taking into account secured income. Considering the levels of cash held and reserves being in line with policy, there are no material uncertainties about the charitable company's ability to continue as a going concern.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

d) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, 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 deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

e) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

f) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

g) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies (continued)

h) 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 reliably. Expenditure is classified under the following activity headings:

Cost of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
Expenditure on charitable activities includes the costs of delivering services undertaken to further the purposes of the charity and their associated support costs.
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 incurred.

i) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, support costs, which are the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, are apportioned based on direct costs, of the amount attributable to each activity.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

Governance costs are reallocated to each activity based on direct costs, of the amount attributable to each activity.

j) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

k) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £1000. Depreciation costs are apportioned along with other support costs to each activity based on direct costs, of the amount attributable to each activity. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Freehold land
Freehold land Not depreciated
� Freehold building Straight-line over 50 years � Information technology Straight-line over 4 years � All other assets Straight-line over 4 years

l) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

m) 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 deposit or similar account.

n) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of 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 discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies (continued)

o) Pensions

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. The pension cost charge represents contributions payable under the scheme by the charitable company to the fund. The charitable company has no liability under the scheme other than for the payment of those contributions.

2 Income from donations and legacies

Income from donations and legacies	Income from donations and legacies
Unrestricted £ 69,841 Alan & Babette Sainsbury Charitable Fun 6,667 Capital Group - City Bridge Trust 5,216 Clare & Bermondsey Trust 42,000 Core Grant LBS 18,000 Covid Emergency Fund - Garfield Weston Trust 20,000 Job Retention Scheme - London Marathon 2,511 National Lottery Community Fund - United St Saviour's Charity - User Contributions 17,100 181,335 Gifts		Restricted £ 300 - - - - - - - - - - - -	2023 Total £ 70,141 6,667 - 5,216 42,000 18,000 - 20,000 - 2,511 - - 17,100	Unrestricted £ 108,401 3,333 4,100 - 18,000 23,338 20,000 13,241 8,296 - 30,000 9,886	Restricted £ - - - - - - - - - 94,990 - -	2022 Total £ 108,401 3,333 4,100 - 18,000 23,338 20,000 13,241 8,296 94,990 30,000 9,886
	181,335	300	181,635	238,595	94,990	333,585

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

3 Income from charitable activities

3 Income from charitable activities
Unrestricted £ Bert Aase Trust - Children in Need - City Bridge Trust - Forrester's Trust - Henry Smith - National Lottery - Refuge - Safe Healthy and Equal Relationships - Other funding - a) - Supply of services 759,123 London Marathon Charitable Trust - Mayor's Fund for London - National Lottery - NHS South East London CCG - Paddington Development Trust - Southwark Charities - The London Community Foundation Worshipful Company of Cooks - Other funding - b) 759,123 Bert Aase - Capital Group - Charterhouse - Children in Need - City Bridge Trust - Jack Petchey - London Borough of Southwark - London Marathon Charitable Trust - Mayor's Fund for London - National Lottery - Safe Healthy and Equal Relationships - St Olave's & St Saviour's - Other funding - c) Sub-total for Youth Adventure Project - Total income from charitable activities 759,123 Sub-total for Learning Disabilities Sub-total for Domestic Abuse Project	Unrestricted £ - - - - - - - - -	Restricted £ - 9,306 52,000 - 20,000 16,420 13,333 11,742 14,500	2023 Total £ - 9,306 52,000 - 20,000 16,420 13,333 11,742 14,500	Unrestricted £ - - - - - - - - -	Restricted £ 10,000 - 68,225 10,000 15,000 - - - 21,500	2022 Total £ 10,000 - 68,225 10,000 15,000 - - - 21,500
	-	137,301	137,301	-	124,725	124,725
	759,123 - - - - - - - -	- - 2,250 70,915 - 6,667 5,625 15,000 10,000 15,574	759,123 - 2,250 70,915 - 6,667 5,625 15,000 10,000 15,574	558,670 - - - - - - - - -	- 6,000 - - 30,000 13,333 - - 10,000 22,740	558,670 6,000 - - 30,000 13,333 - - 10,000 22,740
	759,123	126,031	885,154	558,670	82,073	640,743
	- - - - - - - - - - - - -	- 18,000 - 22,194 - 10,590 11,831 - - 10,568 - 3,000 22,000	- 18,000 - 22,194 - 10,590 11,831 - - 10,568 - 3,000 22,000	- - - - - - - - - - - - -	55,192 18,000 6,000 31,000 32,625 - 46,763 4,000 2,880 - 11,742 6,000 17,745	55,192 18,000 6,000 31,000 32,625 - 46,763 4,000 2,880 - 11,742 6,000 17,745
	-	98,183	98,183	-	231,947	231,947
		361,515	1,120,638	558,670	438,745	997,415

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

4 Other income

Other income
Rent of premises Other Income Other donations under £10,000 Westminster Foundation Capital appeal for the Bede Centre	Unrestricted £ 781 4,209	Restricted £ - -	2023 Total £ 781 4,209	Unrestricted £ 2,700 3,860	Restricted £ - -	2022 Total £ 2,700 3,860
	4,990	-	4,990	6,560	-	6,560
	Unrestricted £ - -	Restricted £ 50,000 10,402	2023 Total £ 50,000 10,402	Unrestricted £ - -	Restricted £ 50,000 7,064	2022 Total £ 50,000 7,064
	-	60,402	60,402	-	57,064	57,064

5 Capital appeal for the Bede Centre

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

6a Analysis of expenditure (current year)

Analysis of expenditure (current year)
Staff costs (Note 8) Other staff costs inc holiday pay accrual Project costs Premises costs Insurance Postage & stationery IT & communications Repairs & maintenance Sundry Bank charges Fundraising & publicity Other professional fees Audit & accountancy AGM & trustee expenses Depreciation Support costs Governance costs Total expenditure 2023 Total expenditure 2022	Cost of raising funds £ 13,130 - - - - - - - - - 19,119 - - - -	Charitable activities			Governance costs £ 13,130 - - - - - - - - - - - 8,940 2,040 -	Support costs £ 115,265 2,546 - 14,326 14,471 2,242 47,650 92,845 1,097 1,030 - 13,395 - - 31,668	2023 Total £ 920,218 18,497 137,619 14,326 14,471 3,018 48,023 94,135 1,357 1,030 19,119 14,778 8,940 2,040 31,668	2022 Total £ 938,155 (17,327) 104,537 16,113 11,426 10,909 42,804 65,053 1,260 1,118 38,865 9,377 7,518 599 38,341
		Domestic Abuse Project £ 138,017 7,426 10,095 - - 23 97 - - - - 1,383 - - -	Learning Disabilities Project £ 568,418 8,498 98,738 - - 753 276 1,290 260 - - - - - -	Youth Adventure Project £ 72,258 27 28,786 - - - - - - - - - - - - 101,071 35,117 2,516 138,704 270,655
	32,249 11,205 803	157,041 54,563 3,909	678,233 235,650 16,882		24,110 - (24,110)	336,535 (336,535) -	1,329,239 - -	1,268,748 - -
	44,257	215,513	930,765		-	-	1,329,239	1,268,748
	76,410	188,645	733,038		-	-

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

6a Analysis of expenditure (prior year)

Charitable activities	Charitable activities	Charitable activities	2022 Total £ 938,155 (17,327) 104,537 16,113 11,426 10,909 42,804 65,053 1,260 1,118 38,865 9,377 7,518 599 38,341
Domestic Abuse Project £ 127,794 (449) 6,600 - - - 3,693 - - - - 633 - - - 138,271 46,050 4,324 188,645	Learning Disabilities Project £ 498,213 (18,852) 61,929 - - 4,514 6,469 459 249 35 - - - - - 553,016 164,571 15,451 733,038	Youth Adventure Project £ 131,075 3,595 34,784 - - 390 4,435 256 113 38 - 405 - - - 175,091 87,362 8,202 270,655
			1,268,748 - -
			1,268,748

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

7 Net income for the year

This is stated after charging/(crediting):

This is stated after charging/(crediting):
	2023	2022
	£	£
Depreciation	31,668	38,341
Operating lease rentals:
Property	262	262
Other	6,373	7,992
Auditor's remuneration (excluding VAT):
Audit	7,450	6,480

8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Salaries and wages Social security costs Termination payments Employer’s contribution to defined contribution pension schemes	2023 £ 795,912 72,748 22,751 28,807	2022 £ 837,034 71,492 - 29,629
	920,218	938,155

No employee earned more than £60,000 during the year (2022: nil).

The total employee benefits including pension contributions and employers National Insurance of the key management personnel were £249,559 (2022: £293,568).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

Trustees expenses totalled £nil (2022: £nil). Trustee indemnity insurance was £659 (2022: £599).

9 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows:

Youth Adventure Project Learning Disabilities Project Support Domestic Abuse Project	2023 No. 4.0 29.0 3.0 3.0	2022 No. 4.0 26.0 6.0 5.0
	39.0	41.0

10 Related party transactions

Aggregate donations from related parties in the year to 31 March 2023 were £2295 (2022: £2,827).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

11 Taxation

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

12 Tangible fixed assets

Tangible fixed assets
Net book value Cost or valuation Depreciation At the end of the year At the start of the year p At the end of the year At the end of the year At the start of the year Charge for the year At the start of the year Additions in year	Freehold property £ 205,000 -	Short-term leasehold property £ 34,573 -	Project equipment £ 56,866 -	Fixtures and fittings £ 33,641 4,841	Computer equipment £ 129,537 2,422	Motor vehicles £ 66,704 -	Total £ 526,321 7,263
	205,000	34,573	56,866	38,482	131,959	66,704	533,584
	30,080 3,760	34,573 -	56,727 139	33,641 101	95,525 17,233	56,269 10,435	306,815 31,668
	33,840	34,573	56,866	33,742	112,758	66,704	338,483
	171,160	-	-	4,740	19,201	-	195,101
	174,920	-	139	-	34,012	10,435	219,506

Land with a value of £17,000 (2022: £17,000) is included within freehold property and not depreciated.

The freehold premises of Bede House were revalued in March 2016 by C. Withers Green BSc MRICS Sip TP, a Chartered Surveyor, at an amount of £205,000, based on open market value at current use. The historical cost of the freehold property is £11,500 and is held in the designated fixed asset fund together with the net book value of the other fixed assets. The remaining net book value of the freehold property is held in the revaluation reserve. This valuation is treated as the deemed cost at 1 April 2014 as permitted by FRS 102.

All of the above assets are used for charitable purposes.

13 Debtors

Debtors
Trade debtors Prepayments Accrued income	2023 £ 144,970 13,405 6,447	2022 £ 76,456 12,122 5,833
	164,822	94,411

14 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Taxation and social security Deferred income (note 15) Trade creditors Accruals	2023 £ 6,773 16,500 24,358 51,638	2022 £ 18,231 16,779 20,635 43,434
	99,269	99,079

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

15 Deferred income

Deferred income comprises of income received in the current financial year but which by terms of the grant or the date of the event refer to the next financial year and will be recognised as income in 2023-24.

Balance at the beginning of the year Amount released to income in the year Amount deferred in the year Balance at the end of the year	2023 £ 43,434 (138,362) 146,566	2022 £ 162,549 (220,547) 101,432
	51,638	43,434

16a Analysis of net assets between funds (current year)

Analysis of net assets between funds (current year)
	General
	unrestricted	Designated	Restricted	Total funds
	£	£	£	£
Tangible fixed assets	159,661	35,440	-	195,101
Net current assets	363,967	510,151	549,393	1,423,511
Net assets at the end of the year	523,628	545,591	549,393	1,618,612

16b Analysis of net assets between funds (prior year)

Analysis of net assets between funds (prior year)
Tangible fixed assets Net current assets Net assets at the end of the year	General unrestricted £ 163,419 207,521	£ 56,087 651,339 Designated	Restricted £ - 488,991	Total funds £ 219,506 1,347,851
	370,940	707,426	488,991	1,567,357

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

17a Movements in funds (current year)

Movements in funds (current year)
Restricted funds: Total restricted funds Total designated funds Revaluation reserve General funds Fixed Asset fund Maintaining Bede's premises fund Unrestricted funds: Domestic Abuse Project Youth Adventure Project Central Development Designated funds: Learning Disabilities Project Learning Disabilities Project Domestic Abuse Project Total funds Youth Adventure Project Total unrestricted funds Bede Centre Capital Appeal	At the start of the year £ - - 18,870 - 470,121	Income and gains £ 137,601 126,031 98,183 - 60,402	Expenditure and losses £ (137,601) (126,031) (98,183) - -	Transfers £ - - - - -	At the end of the year £ - - 18,870 - 530,523
	488,991	422,217	(361,815)	-	549,393
	106,267 222,178 222,893 56,088 100,000	3,799 776,200 1,984 - -	(77,912) (804,738) (40,520) (20,648) -	- - - - -	32,154 193,640 184,357 35,440 100,000
	707,426	781,983	(943,818)	-	545,591
	163,420 207,520	- 176,294	(3,760) (19,846)	- -	159,660 363,968
	1,078,366	958,277	(967,424)	-	1,069,219
	1,567,357	1,380,494	(1,329,239)	-	1,618,612

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

17b Movements in funds (prior year)

At the start of the year £ - - - 47,496 413,057	Income and gains £ 124,725 82,073 231,947 94,990 57,064	Expenditure and losses £ (146,745) (160,765) (254,851) - -	Transfers £ 22,020 78,692 41,774 (142,486) -	At the end of the year £ - - 18,870 - 470,121
460,553	590,799	(562,361)	-	488,991
100,152 209,987 172,597 88,286 100,000	48,015 584,464 66,100 - -	(41,900) (572,273) (15,804) (32,199) -	- - - - -	106,267 222,178 222,893 56,087 100,000
671,022	698,580	(662,176)	-	707,426
167,180 142,273	- 105,698	(3,760) (40,451)	- -	163,420 207,520
980,475	804,278	(706,387)	-	1,078,366
1,441,028	1,395,077	(1,268,748)	-	1,567,357

Domestic Abuse Project - this project provides practical and emotional support for the victims of domestic abuse and hate crime.

Learning Disabilities Project - this project provides education, training, work and volunteering opportunities, plus practical, emotional and social support for adults and young people leaving school who have a recognised learning disability.

Youth Adventure Project - this project supports local young people to develop their potential and enjoy life through a programme of evening clubs, detached youth work on local estates, summer and holiday residentials, trips and activities.

Central Development - includes the central services of the charity in addition to projects developing community engagement through forums and informal networks concentrating on environmental, and multi faith issues.

Bede Centre Capital Appeal funds - comprise the charity’s fundraising to support the development of a modern community centre to replace the current Bede Centre.

Purposes of designated funds

Designated funds are those set aside from the General fund by the Council for particular purposes. The Maintaining Bede's premises fund totalling £100,000 was set aside to ensure that an adequate and suitable space is provided to enable the charity to achieve its strategic objects and goals. The Council is considering ways in which this fund might be applied for the future benefit of the charity. The Fixed Asset fund represents the fixed assets purchased with unrestricted funds or with restricted funds where there is no continuing restriction as to use. The balance carried forward together with the revaluation reserve, is the net book value of the assets.

The designated fund for Domestic Abuse, Learning Disabilities and Youth Adventure Project, is the setting aside of previous surpluses and deficits generated by the individual project to ensure the continuing operation of the project in future years.

Bede House Association

Notes to the financial statements

For the year ended 31 March 2023

18 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following

Less than one year One to five years Over five years	2023 2022 £ £ 262 262 1,048 1,048 655 786 Property	2023 2022 £ £ 262 262 1,048 1,048 655 786 Property	2023 2022 £ £ 6,589 6,481 15,829 21,065 - - Equipment	2023 2022 £ £ 6,589 6,481 15,829 21,065 - - Equipment
	1,965	2,096	22,418	27,546

19 Statutory information

Bede House Association is a charitable company limited by guarantee and has no share capital. It is registered as a charity in England and Wales and incorporated in the UK. The registered office is 351 Southwark Park Road, London, SE16 2JW.

The liability of each member in the event of winding up is limited to £1.