IiEGISTERED COMPANY P4UMBER: 01088965 (England aDd Wales) REGISTERED CHAIUTY NUMBER: 503434 Report of the Trnsttts and Audited Finanf ial Staterntmts for the Year Ended JI Marth 2021 for Bradford Cyrenlans Ltmited (A Company Limited by Guarantee) LIA Kilner Joljnson Lid Nerwork House West 26 Stubs Beck Lane Cleckhealon West Yorkshire BD19 4 A4ASYOZA 0410812021 COMPANIES HOUSE A19
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Bradford CyreniaDS Limited CoD¢ents of tbe Finlocial StateJntDts for the Year Ended 31 March 2021 Page RefereDce and Administr4tive Detai15 Report of the TTUSttts Report of the llldependent A¥dltors Statement of FiDaneil Aeiivities B#ln¢e Sheet Cash Flow StaterneDt io Notes to ihe Csh Flow SttemeDt Notes to the Financial StattmtDts 12 10 18 Deta51ed Statemetst of Flty*ntial AttAvltles 19 to 20
Bradford Cyrenian$ Ltinited Referente and Adminis¢r4tive Details for th¢ Year Ended 31 M¥rcb 2021 TRUSTEES E Mowlem J Hadi A Smith (resignejj 12.1.21) J Butler E Walgrove P Johnson REGISTERED OFFICE 255 Manningham lan¢ Brddford West Yorkshire BD8 7EP REGISTERED COMPAP4Y NUMBER 01088965 (England and Wales) REGISTERED CHAIUTY UMBER 503434 AUDITORS KJA Kilner Johnson Ltd Nenvork Ho¢ Wesi 26 Srubs Bttk Lane Cleckheaton Wesi Yorkshi BD19 4TT
Bradford Cyrelli*L$ Limiied Report of the Trustees for the Year E#ded 31 Mareh 2021 The twste¢s who are also directors of the charity for the purposes of the Compatiies Act 2(K)6. present their repKYrt with the flnancial statemenLS of the ¢Ilty for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Chan"ties: Ststement of Recommended Prdctice applicable to charities preparing their aecounts in accordance with the Financial Rewrting Standard applicable ill the UK and Republic of Iland (FRS 102) (effective l January 2019). OWECTIVES AI¥D ACTIVITIES Charitable objectives Our purpose, as set out in the objectives Con]ned within the MeMornum and Articles of AsSlatIon Stsie that we are committed to.. The relief of poverty, sickness and old age ID particular (1 noi exclusively) by the PTovision of housing, social housing, hostel accornmodation and associated services, advice and infonnation for the public benefit. Bradford Cyrenians pn)vides flexible. preventstive suppm servivs io a range of clients who present with multiple. complex issues. Our aim is to encourage individuals to tske resSKynsibility aThl enable them to develop life sk]"Ils in a safe and non-threatenLn8 environment. Our focus is on prevention and enabling uNJLviduals to take control of their lives and becorne seif-reliant. Bradford CyTenians Mission Statemeni ad5'. Bradford Cyr¢nian$ is committed delivering th¢ provi5i0th of safe and secur¢ hou$iDg. advice and support to vulnerdble eOllLmunities. Using an empowering appToach we will work towards enabling vulnerable 5ervi¢e users to fmd positive soluiions whilst respecting their indiv2dual rights and choi¢es. The focus of our work Our rnain Continues to be able to provide a range of services to wN]nerable communities through.. provision of lernporary accommodatton with support through our IK)srel and supported tenaricles, which is delivered as part of our statutory homeless contrdct. We also have a rdnge of noJJ-commissioned acconllnodatson based services, housing related support and community outreach seTri¢es that are deliveied a variety of benefi¢iaries that present with muliiplejcomplex issues. How our aciivilies deliver pb]It benefil All our clwi"table ac(ivities focus on the delivery of supJx)rt services or intrnsive knusing managenKnt thai enables vulnerable communiiies in thk]"ng back control. mainthining their accommodation aTrJ improving their qualiry of life. OUT ieams faciliiaie this process by ettgaging through professional conduct empowering individuals io become aciive citizens in their local comrnunity.
Bradford CyT¢ui•n$ Limited Report of the Trustees for the Ytr EDded 31 Mxr¢h 2021 STRATEGIC REPORT Achievement and performAn¢e Charitable activities t¢ io Covid-19 and the tmpa¢t this has had on s¢ryi¢e delivery we have been unabl¢ to draw together an Annual Review Report for 2021. We do however have our websiie and this is r¢gularly uwlated to reflect th¢ work and achievetnertts carried out across Bradford Cyrenians. The Homele53 P4r¢nership (THP) The Hostel and Supported Tenancies services have played their pan in delivering a rdnge of atcommodation and support that have bttn commissioned as part of the homeless contract. Fulfilllng our obli8atitsns and commitmeni 10 accomm(xlating single rnenlwomen. We c¢)niinue io see an increase in the multiplejcornplex needs that clients are presenting with, particularly mental and physical health issues. Tcams continue to Work collabtsratively with Housing Options in order to minimise voids and wherever wssible, byp11i$e B&B Sthys. Over the lasi 12 months, th¢ Supported Tenancies Team has reported an increase in the numiw of clients they are working with who have experien¢ed domestic abuse. Going forwat¢l we watti piloi some addilional support thai helps address these issu¢s whi15t developing their life skn"Ils. Cold Weather Provislon (CWP) Due to the Ti5ks Posed by Covid-19. the Hi)stel Wds unable to participate in Brddford's CWP initiative this year. Supporting Former Rough Sleepers witb Aeeommodtion & S¥pport Our Re+Start Project continues to work with and accommoda former rough sleeping men and women. Due to Covid- 19 re5triclions, our team5 have been wthle to work jointly with their established partners. As Sing of lockdown continues, tearns are re-establishing litths with agencie5 and professionals from both thc statutory and VCS sector. plans to InCree capacity across our services, particularly RSP have resuTned and the tealn will wotk alongside our housing partners iu order to take oll tttore units of acm(lation. thus wotk with more vuh)erable clien(s. Services for Men experieD¢ing Domestic Abuse Men Standing Up continues to 5UPPOrt extremely vu]nerdble men fleell doTnestic abuse. The range of services we offer include.. helpline support, access to a rdnge of housing. from emergencylshort ierni long sthy housing. thle to Covid-19 restriction a combination of community SUPPOrt and telephone support was delivered 10 clients. MSU'S helpline continues to help to SIJKI victims and remove wtential barriers towards men accessing support. a result, the numbers usin8 the service to seek our supwrt goes from strength io strength. This year we saw a significant increase in calls taken by the helpline, with a totsl of 2.144 calls from Isi April 2020 to 3 1st March 2021_ Since the easing of lockdown, MSU have seen a significant increase in in the numberof victitns Seeking help. particularly around their accommodation neds. The ieam are responding io this issue by taking on more units to increase OUT StIKk and ensure vulnerable men are supported Anto safe a¢Con)tIon.. Aeeommodation & Suppori for Ex-offendtrs Supp(>rted Tenancies Offenders Projeei Continues support menlwomen who present with mulriplelcomplex issues including a history of ex-offending. We bave been in the process of handing back a number of units the RSL as they re-configure their housing stock. This has inevitsbly meant that we have seen a Teducuon in our capaciry, which was only exacerbaied by the subsequeT]I lockdown. However. as easing of lo¢kdowiJ continues, we envisage taking on more units in the cominE year thus reNrninE io the capa¢iry we were aL prior to lockdown. We rewgnise th¢ imwrtAnc¢ of having a¢¢ommodation with support in place for ex-offenders io help preveni thern r¢-offending and returning to prison. Resettlem¢n¢ & Floatiig Suppor¢ Strvi¢u (FSS) Our Support Team ¢ontinues tooffer a seamless transition frorn ourtcrnporaryaccoTnrDodatiOT] into the¢lien¢s own home. Our pre-tenan support work and planned resettlement progrdllllne hclps prevertt our service useTS becoming isola¢ed OT face problems that can r¢sult in the tenancy failitig. Dutmg the pandemic aThJ subsequeni lockdowns OUT floaiing support and conununity Outyh Work Iwi int¢grai for supN)rtillg clients.
Bradford Cyreniins Limited Report of the Tru51tts for the Year Ended 31 M4T¢h 2021 Nortnally. at this stage we would report on the numiw of pkned move•ons that have thken place in the year. However, due io the impaci of Covid-19. the Governmeni as well as Public Health were en¢ouragmg w]nerable people to rernain in their curreni aomndaIi0n to ¢nsur¢ their Safety. So whilst there bas b¢¢n sorne minimal move-on taking placc. Team5 have laTgely supponed clients to remain in th¢ira¢commodaiion Wh¢v¢1 possible. Long-stay Housing with Suppor¢ Homes4Life {H4L) h&s become a key fealure of our services and is available to Itfi¢l2T1eS from within our curreni services, commissioned and rK)n-cornrnissioned. Moving into our H4L service means that clients can work towards a full lenaDCy al not have to think aF•ut moving again. It offers stabLiity and an oppo[nity to work towaids more long Tm goals. Plaos for 2021122 will be to focus on increasing H4L's capacity to ensure that more of our clients can move into more long- terni settled accoTnDKthtion with sup) Housing & Support for Lone Parents Parent+ was unable to expand capacity last year due to the effecLS of Covid-19. We are rW in the pr(e$S of taking on mor¢ UDits and hop¢ to be worklng with mor¢ famili¢s to ensur¢ thai they can access g(XMI quality hOing as well as a packag¢ of 5uppon. Reflectlng On the last 12 monihs.... Thepandemic has led ro the tyagi¢ loss of two of ouremployees thai was unrelawl to work. Nevertheless the sathiess and loss we feel is difficult to quantify and our thoughts and prdyers are with th¢ir families and friends. Our clients due to their pre-exi5ting health issues were ai risk of contrdciing the vinLS, which is why our teams stepped up ar]d showed resilience despite the risks being high. Their determination and tenacity enabled our clients io remain safe and supported Ln what was. an unprecedented lime for the whole countsy. Our sincere thanks go io all our team5 bui a special thatths go io those teams based at OUT 255 address, where stsff continued to work throughoui the iIKkdown periods, makin8 sure our hostel and a$slated servi$ ¢ontinued io op¢rat¢ a5 norn1. Flnancial rtview As a Registered Provider (RP), Bradford Cyrenians ried, ov¢r the lasi fuwi¢ial year lea* rn¢)re units how¢v¢r du¢ to the impact of Covid-lg and subsequent lockdowns. it became a challenging task to achieve. Ernergency Covid-19 funding enabled us to sustain our services during what was an unprecedented titne, absorb the additional costs that we Lncurred towards making sure our services were Covid-safe as well ag tske on the addilional infrasthJ¢wre costs needed for staff to Work from home. Whilsi we105t some Cdapaciry evenmally. w¢ wer¢ able to tak¢ on som¢ units b¢for¢ th¢ year end. STRUCTURE, GOVERNANCE AND MANAGEMENT Organisation The company is limiied by guaran and has no share ¢apithl. The company is a r¢gist¢r¢d ¢barity. Th¢ ¢harity is onstituied acwrding io memorandum and articles of 8ss(Kiauon. The company is directed by a Management Committee. whose members ale elected a( a general meeting of the member of the company. It comprises of a Chair. Vice Thair. Treasurer and at least one other. who meec every 6 weeks with the Chief Execuiive and other $ff repvesentsiives who are also in attendae. Brddford Cyrenians is a Registered Provider with Homes England. TegistratioD Dumber 4860. Aplt¢t of new trusttrs New trustees are appointed by an ordinary resolutlQD of tbe Charity. All members are circulated with invitations io nominate trustees prior to the Annual GcDeRi Meetin8 ready for elections io take place ai the Annual Genernl Meeting. Btadford Cyrenians has not Tecruited any new meTnbers to the Board. We lost ooe of our long setving ts51ee due to her taking early reiiTemeni. We continue to have five very loyal and committed Board members who each represent differenl 5¢Ctors and bring an expertiselspe¢ialism towards the continued development and sustainability of Brddford Cyr¢Dians.
Brdford Cyr¢ni•oJ Limited Ryrt ofthe T45 for Ihe Yr EDded 31 Mar¢b 2021 sniucTURE, GOVERNANCE AND MANAGEMEKr IDduetioll aud 178 of tr•stees New tTust¢¢5 ergO ori¢Dtation kn brief them on their legal obligatiotts wider chuity and law, the cont¢Trt of the Memoranthlln and Articles of A$$110n aDd C(xk of Govenwjce that we h4v¢ wlopted &% of good practi¢¢. Tne are encourngeA w attend exiernal trnining ewenLS and e-learning to faci]itstr the widertakitig of theirrnle ag and when ff is prxticable. Risk maDagtm¢D¢ The trustees have 8 rÉsk marta8emait Slt¥iegy, wbi¢h 1$e5 of ID annual Tevt¢w of the risk5 fac¢d by the cbarity. Trustees and the Chtef Exeojtive wkll consider rÉsLs and the systems and prith miti8a those rt5ks idetttified ill th¢ plan. A key element in the management of fmancial risks is the annual review of disaster recovery strategy. Current ass¢ts and 5¢tting of a r¢serves polRcy. ATEMENT OF TRUSTEES. RESPONSIBILITIES The trnstees (who aT50the directors of Bradford Cyren1#8 Lilliibj for the of u>mpany law) are r¢sn&Ie for prwllig the iieptrt of the TnLts aDd the fmanciJl 5tst¢ments io wrdanrx with applithk law and United Company law requires th¢ tru5te¢s lo prepare financial stswnents foreach financial year which give a thle and fair vtew of the stste of affairs of the clwitsblt Cotnpany artd of th¢ incoming resour$ and'appli¢iort of resour5, including the required 5¢1¢ Suitabl¢ accounting w>licies and th¢n apply them consistentty. observe the methots and PTTrncipI¢s in the Charity SOBTr. cotnpany will Co]Ue in busus5. The ITUStees are responsible for keeping accourttiDg Tecords whi¢h disclose with reasonable aeeurn¢y At any tt¢ the [anCial w)sition of the charitable wmpany and to ellable them toenAwe thatthe finala1 ststements cotnply with the CoTnpanies Act 2006. They are also respjnsible for safeguarding the assets of the clwithble company and hence ar¢ responsible foT taktng reasonabk p5 for th¢ preveDtioD &Dd detKrion of fTrud aDd other irregularities. In so far as the InteeS aware: ' there is tto relevanl audii infonnation of which th¢ charitable npY'S auditors are Unaw"al}d the truste¢s bave taken all sw that they Ou1 t(> bave to make themselves aware of ADY Tel¢vartt aiidit inforniation ad to esthblish that the aUdItt are aware of that inforni*iLm. AUDfTORS Th¢4uditor& KJA Kiln¢rJ0ho W will be wysed fOrTe4pplnatthc f(fftbComi8 AnnualGellerai Meetin diTl0T8 OD 20 J¥Jty 2tr21 and S.on the TrKwd's beIlf by". P Joknson. Trustre
Report of the Independent Allditors to the Members of Bradford Cyrettlas Limited Opinion We have auditcd the fanCIal statemenL8 of BradfoTd CJTeniatL5 Lirnited (thc 'charitable companyj for the year eThJed 31 March 2021 which cornprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statetneni and noies io the fjnaueial statements, inclUdg a sujnrnary of signthcaDt accounting policies. The fmancial reporting framework tha11 been applied in theirpreparation is applicable law alldullited Kmgdom Accounting Standards (United Kingdom Generally Accepted Accotsntin8 Practice). In our opinion the firt8ncial ststements.. give a true and fair view of the state of the charitable company's affairs a5 ai 31 March 2021 and of its incoming resources and application of restsJTce& including its irtcome and eXpendire, for the year then ended. hav¢ been properly prepared in accordance with United Kingdom Generally Accepted Accounting Prncii¢e,' and have been prepared in aCcordat with the requiremellts of the Companies Act 2006. B9515 foT opinion We conducted our audit in a(xordance with Iniernaiional Stsndards on Auditing IUK) (ISAS (UK)) and applicable law. Our responsibilities under those sthndards are further described in the Auditors, Tesponsibilities for the audit of the rinancial 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 ststements in the UK, includittg the FRC'S Ethical Standard, and we have fulfilled our other ethical re4K)nsibilities in accordance with these requirernents. We believe that the audit evidence we have obtained is suificient and appropriate to provÈde a basis for our opinion. Conclusions relating to going ¢on¢ern In auditing th¢ fmancial strtemeThts, we hav¢ concluded that the mte¢S, use of the going con¢¢rn basis of ac¢ounting in th¢ pr¢parJti¢)n of th¢ fLnan¢ial stri¢m¢n is appropriate. Based on the work we have wfornie4 we have DOI identifitsj auy material uncertaillties reiaiing to events or conditions thai. individually or collectively. may casi siguificant doubt ort the cFJarithble companys ability io continue as a going c¢)nc¢rn for a period of ai le&s1 twelve months from when the flnancial 8re authorIs for issue. Our responsibillties and the responsibilitits of the trte% with respect io going concern are described in the relevant sections of this report. Other informAtion The tnLSttts are responsible for the other Ormatio[L The other information comprises the tnforniation included in the Annual Report, other than the fllwlcial statements and our Reporiof the IndeEndent Auditor5 thereon. Our opinion on the financial s¢aiements does not cover the other inf0mtion excepi to the exnt otherwise expliciily ststed in our Tepor¢ we do noi express any fom] of assurance CO]Usion thereorL In connectiOD with our audit of the fmanckal StateMell our responsibility is to Tead the other inforniation and, in doing so. consider whether the other infomlaiion is materially inconsiSrti with the financial statements or OUT knowledge obtained in the audit or othenvise appears to be maierially mi(cd. If we ideniify such matmal in¢onsisiencies or apparent maierial missthtement4 we are required io detem)Tne whether this gives rise to a material mis51aiemeni in the financial slatements themselves. If, based on the work we have perf0rnie we conclude that there is a rnateriai misstaternent of this Other infonnation. we are required to rq)ort thai fact. We have ntsthin8 to report in this regard. Opinions OD other matters preseribed by the Compamies Act 21J06 In our opinion. based on the work undertaken in the coutse of the audil." the inforn)aiion given in the Report of theTAteeS forthe fmaJKial year forwhich the fmanciaj sthtements areprepared 15 ¢onsisteni with the fuwicial stsiem¢nts,' and the ReFrf)rt of the Trustees has been PTepared in with applicable legal re4uirem¢nts.
Report of the Independent AuditOTS to the Members of Br¥dfDrd CyreDj115 Limited Matters on which we are required to report by exteption In the light of the knowledge and UndersldIng of the charitable company and irs eDviroomenl obtained in the course of the audit, we have Jjot identified marial misthiements in the Report of the Tn¢$. We have nothing report in respeci of the following matter5 wbere th¢ Companies Act 2006 requir¢s us to r¢port to you if, in our opinion.. adequate accoullting recordshave noibeen kepi orrentsms allate forouTaudit have noi tten received from bran¢h¢s not visiied by us," or the fmancial statements are noi in agreement with the Unting rwds and Teturns" or ¢enain disclosures of tslLSittS' remuneration sp¢¢ified by law are not made,. or we have not received all the infonnaiion explat)ati(w we require for our audiL Responsibilities of trns¢tts As explained rnor¢ fvlly in the staen1 of Tru5tees' Responsibilities. the trustees (who are a150 the directors of the charitsble company for the purwses of cornpaDy law) are responsible for the prcpatation of the fancial statemen¢s and foi being satisfied that they give a true and fair view, and such internal control as the tsusitts detemiine is necessary io enable the preparation of f]nan¢ial siateTnents that aTe free from Marial mitemen( whether due co fraud or eOr. In preparing the fmancial s(atements, the tsusieesare reswjnsible forassessing the charlbleCOMpanY'S ability to continue as a going concem. disclosing, as applicable. matters rela*d io going cO¢M and using the going wncern basis of accounting unles5 the trusiees either intend liquidate the ¢l)ariwble cotnpany OrtoCe operydtions, or have no realistic altemative but to do 50. Our responsibilities for the #udit of the financial Statements Our objectives to obtain rcasonable a5sufdnce about wbether the fala1 sthiements as a whole are free from material isstatetnenl. whether due to fraud or errol. and to issue a Report of the Independeni Audi¢ors thai in¢ludes our opinion. Reasonable assurdttce is a high l¢v¢l of ¥suron¢e, bul is Thoi a guardniee thai an audit conducted in accordance with ISAS IUK) will always detect a material tnhsstatemeDt wheD li exists. Mi5StatetneDts can arise froTn fraud or error and are onsidered material if, individually or in the awegate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these fillallcial statelllents. There were no irregularities. including fraud or n(ffl-¢ompliance with law regulatio5 d¢t¢ct¢d. A further description of our responsibilities for the audit of the financi81 stsiements is located on the Financial Reporting Council s website atwww.frc.org.uklauditorsresponsibilities. This descripiion fomispart of our Report of the Independent Audiiors. Use of our report This report is made solely kn the charitablc compan$ memljers. as a body. in aCrdance with Chapier 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stste to the charitable company's mernbers those Tnatters we are reqUd to sthte 10 them in an auditors. report and forno otherpurpose. To the fvllesi exieni perniined by law, we do no¢ accept or assume rewnsibility to anyone other than the ¢han'thbl¢ cornpany and the cbaritsble company's members as a body. for our audit worl for this Teporn or for the opinions w¢ have forni¢d. ffendi MBA FCA (Senior Statuiory Auditor) for and on behalf of KJA KilneT Joljnson Lid NeNork House West 26 SNbs Beck Lane Cleckheaton Wes¢ Yorkshire BD19 4TT Dat¢.'
BTadfoTd Cyrenians Limii¢d Statement of Financial Activitie5 for the Year Ended 31 M•r¢h 21121 2021 Total funds 202 Total fuDd5 Unre5tri¢ted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donaiions and legacies 468.643 48,108 516.751 356,912 Ch*ritablt activities Contrn¢hLal in¢ome from HRS Provision of Accommodation 203,444 769.688 203,444 769,688 195.000 820.477 Other income 48 48 504 Tot•1 1,441.823 48,108 1,489.931 1,372,893 EXPENDITURE ON Charitable aetivities Provlsion of Accomtnc%Jation Men Standing Up 1,308,674 I J08.674 99.548 .155.550 105,180 99.548 Total 1,308.674 99,548 1.408.222 1.260,730 NET INCOMEI(EXPENDITURE) 133,149 (51,440) 81.709 112,163 RECOL¥CILIATION OF FUNDS Total funds brought fonyard 349,836 51,440 401.276 289,113 TOTAL FUNDS CARRIED FORWARD 482.985 482 985 401276 The notes fonn part of these fllthncial statements
Brndford Cyr¢niaDs Limited "Bln¢e Sheet "" 31 Mareh 2021 2021 Tot21 funds 21)20 Tot41 rund$ Unr¢siritt funds R¢5tricted fund5 Notos FIXED ASSETS Tangible assets io 68.847 68.847 77,170 CURREPU A&SETS Debtors Cash in hand 40,905 40,905 399 109 15.666 440.014 440.014 375.571 CREDITORS Arnounts falling du¢ wiihin one year 12 125.876) (25,876) (51.465) NETCURRENT ASSETS 414 138 414 138 324 106 TOTAL ASSETS LESS CURREf4T LIABILITIES . 482,985 482.985 401276 NET ASSETS 482,985 482 985 401,276 FUNDS Ilnrestricted fitnds Re5tricled fvnds 13 482,985 349,836 TryfAL FUNDS 482 985 401276 The financial ststeTn¢nts were approv¢d by the Board of Truste¢s.and authorised for issue on 20 July 2021 and were signed on its behalf by= fj,L J Butlw.- TrUs_ The notes foTm part of these financial Stsments
Bradford Cyrenffians Llmlted Ca$h Flow Statement for tbe Yer Ended 31 Mreh 2021 2021 2020 Cash flows from operating #ctivities Cash generaied from operdtions Net cash provided by operating aciiviiies Cash flows from investing activities Purchase of tsngible red assets cash used in investing activiiies l9610) Change IA cash and eash equivalents in the reporting period Cash and cash eqDiv4lent$ at the beginning of the reporting period 39204 53,063 Ca$h 4nd c39h ¢quivxl¢Dt$ at th¢ end or the reportiDg period 359 905 The notes forni part of these financial statements io
Br*dford CyreDians Limitfd Note5 to the Cash Floiv Ststem¢nt for the Y¢ar Ended 31 Marfh 2021 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2021 2020 Net income for ibe reporting period (as per the Ststement of FiDxncial Aetivities) AdjustmeDts for: Depreciation charges Increase in debtors Decrease in cteditors 81,709 112,163 13,265 (25,239) 10.249 (105) Net Cash provided by operatioD$ ANALYSIS OF CHAJYGES ILY I¥ET FUNDS At 1.4.20 Cash flow At 3JJ.21 Net casb Cash at bank and in ljand 359.905 Total 359.905 39.204 399,109 The noies form pan of these financial statements
Bradford Cyrettiarts Limited Ntste$ to ihe Finnci•l Statemetsts for the Year EDded 31 Mreb 2021 ACCOUNTING POLICIES Basis of preparing ib¢ fanCial st*temellts The financial staternents of the charitable company. which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Stsiement of Re¢ornmended Prdctice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019),. Financial Reporting Standard 102 'The Financial RqrtIng Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The fllwJ¢ial ststements have been ptepared under the historical Cost convention. Ineome All income is recognised in the Smen1 of Financial Aciiviiies once the chariry has en(iilement io the fiwd5, it is probable that the income will be re1Ved aud the amounr wi be measuroj reliably. Expenditur¢ Liabilities are rewgnised as expenditure ls soon as there is a legal OT eonstructive obligati(m committing the charity to that expendiDJre, it is probable thai a trdllsfcr of economic benefits will be required in settlement and the amount of the obligation can be rnSured reliably. Expcnditure is accounted for on an accruals basis and has been classified under headings that a88re8ate all c(tr Telated to the category. Where costs cannot be dlrectly attributed to particular headings they have been alloCaj io xtiviiies on a basis consistent with th¢ us¢ of resources. TaDgible fixed assets Deprcciaiion is provided ai the following anDual rates in order to write off each asset over its estimated use] life-. Leasehold lrnprovements_ 50/0 Straight Lin¢ Fixtures, fittings and equipm¢nt- 25% Strdighi Line Taxatiots The charity is exempi from ¢orporaiioo lax on its ¢baritable activities. Fund aCCOUDting Unrestricted fiumts cart be used in accordance with the clwitable objectives at the discretion of the truSe$. Restyicted filnds can only be used for paniwlarT¢5tyiCt¢d purp05¢s within the objects of th¢ charity. R¢stTictions arise when specifled by the donor or when fuJKls are rdised for particular restricte4J purtx)ses. Further explanation of the rtatore and purpose of each nd is included in the noies io the financial 5taiements. Hire pllrchase and leasing commitments Rentsls under operating le&ses are charged to the Statement of Firwicial Activities on a strai8ht line basis over the period of the lease. Pension eosts and other post-retirememt benefits The charitsble company operaies a defmed contribuiion pension heMe. Contributions payable to the charitsble company's pension scheme are charged w the Stsiemeni of Financial Activiries in the period w which they Telai¢. 12 ontinu¢d...
Bradford Cyrenians Limited Noles t• the Fin#n¢il Statements- ¢ontinu¢d for the Year Ended 31 m¢& 2011 DONATIONS AND LEGACIES 2021 2020 Gifts GTants Job reiention sch¢me 12,985 486.571 3.062 353.850 516.751 356.912 GrdDts r&eived, included in the aiK>ve. ar¢ follows.. 2021 2(I20 Other gran¢5 486 571 353 850 INCOME FROM CHARITABLE ACTIVITIES 2021 2020 Attlvlty Contractual income from Iliis Provision of AccoJnmc¥Jation COntracttl income Housing benefit 203.444 769 688 195,000 820.477 973 132 1015477 cHARALE AcrtVlTIES COSTS Support costs (see tes) Provision of Accommcdaiion Men Standing Up 1.308,674 99,548 1408 222 SUPPORT COSTS GoveTnnfe ¢05ts Management Tota15 Provision of Accommodation Men Stsnding Up 1.303.766 99.548 255 4.653 ,308,674 403 314 255 1408 222 13 continued...
BradfoTd Cyretylas Limited Notes to tbe Financial St#ttJnents- ¢ontinued for th¢ Year Ended 31 M#r¢h 2021 NET INCOMEI(EXPENDITURE Nei incomeJ(expendiwre) is slated ¥ft¢r chargin{crediti8)'. 2021 2020 Auditors, remuneraiion Depreciation- owned assets Other operating leases 4,573 13,265 215933 4,454 10.249 253 229 TRUSTEES, REMUNERATION AND BENEFITS There were no tsustees. remuneration or other benefits for the year 31 Mw¢h 2021 nor for th¢ year ended 31 March 2020. Trustees. expenses There w¢r¢ no trustees, expenses paid for the year etthd 31 March 2021 nor for the year ended 31 March 2020. STAFF COSTS 2021 2020 Wag¢s and salaries Social security costs Other pension costs 753,810 56.268 643.274 43.112 837.276 71J,658 Th¢ average monthty number of employees during the year w&$ as follows.. 2021 43 2020 41 Employtts No employees received emolumenis in excess of £.(#)0. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES U*restricted fuDds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 242,822 114,090 356,912 Charitable activities Contractual income from HRS Provision of Accomm(xlation 195,(XJO 820,477 195.000 820.477 Oth¢r in¢otn¢ 504 504 Total 1.258.803 114.090 1.372,893 14 contitiued...
Bradford CyreDians Limited Iyotes to the Financial Statements- continued for the Year Ended 31 March 2021 COMPARATIVES FOR STATEMEIYT OF FINANCIAL ACTIVITIES- continued Unrestricted Restricted fund5 fllnds Total funds EXPENDITURE ON ChAriiable aetiviiies Provision of A¢eomm(*Jation Men Standing Up 1.133,288 22.262 105,180 1.155.550 105,180 Total 1.133,288 127.442 1,260.730 NET INCOMEI(KXPENDITURE) 125,515 (13.352} 112.163 RECOIYCILIATION OF FUNDS Total funds browght forward 224J21 64,792 289.113 TOTAL FUNDS CARIUED FORWAIID 349,836 401276 io. TA]YGtBLE FIXED ASSETS Fixture$ and rittings Long Itasehold Totals COST At l April 2020 Addhiions 63.061 52,416 115.477 At 31 March 2021 120419 DEPRECIATION At l Aprhl 2020 Charge for year 12,668 25.639 38.307 At 31 March 2021 14,716 36,856 51,572 NET BOOK VALUE At 31 March 2021 At 31 March 2020 15 coniinued...
Brxdford CyreDiall$ Limtted N•te$ to the Flnaneial Statrm¢nl$- ¢ontinued for the Ytar EDded 31 March 2021 DEBTORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2021 2020 Trdde d¢btors Other debtors Prepayrnents and accNed inc(vne 39,487 1,039 379 5,005 1,039 9.622 12. CREDITORS: AMOUNTS FALLING DUE TllN ONE YEAR 2021 2020 Trade creditors Social security and other t&xes Accrnals and defevred iticotRe 9.730 11,586 18,120 10.387 13. MOVEMENT IN FUNDS Net movern¢Dt [d5 Trarysfers between funds At 31.3.21 At 1.4.2 Unr¢stri¢ted funds Gen¢ral fund Sinking Fund Pla[ed Works Landlord's Responsibility Fund 264.836 40.0(X) 25,0(X) 133.149 {5.000) 392.985 40,000 25,000 349.836 133.149 482,985 Restricttd fllnds MSU 51,440 (5 1,440) TOTAL FUNDS 401276 482 985 Net movement in filnds, included in the above are as follows: Incoming r¢wur¢¢s Resources expended Movement in fund$ Unrestricted funds General 1,441.823 (1,308,674) 133,149 Restricted funds MSU 48.108 199,548) (51,440) TOTAL FUNDS 1.489.931 1.408 222 16 continu¢d...
Bradford Cyreni*n5 Limited Iyotes to the Financial Statement$- continued for the Year Ended 31 March 21121 13. MOVEME]4T IN FUNDS- eontiDued Comparatives for movemeDt in funds Net movement in fwuds Tr4nsftr$ between fund5 At 31.3.20 At 1.4.19 Unrestricted funds General filnd Sinking Fund Planned Works tthndlord's Responsibility Fund 204J21 20.0(KJ 125.515 (65,000) 20,000 25,000 264,836 40.0(X) 25,0(X) 224J21 125,515 349,836 Regtrlcted fndS MSU Floating SUprt Officer 42,530 22262 8,910 22.262) 51,440 TOTAL Fuf4DS 289.113 112.163 401,276 Comparative net movement fund4 included iD the above art as follows." Resources expended Movement in furtds resourte$ Unrestrieted funds General fund 1258.803 (1.133288) 125,515 R¢slri¢t¢d funds MSU Floaiing Support Officer 114.090 (105.180) 8.910 114,090 127,442 13.352 TOTAL FUNDS 1372 893 I2 730) 112 163 Transfers betweeD lunds As at 31 March 2020 the rrusiees agreed that£65.0 should be ansfer1 from the gener81 fimd to the following designaied fvnds.. Sinking Fund Planned Works Fund Landlord's Responsibility Fund £20,000 £25,000 £20.000 17 continued..
Bradford Cyrenios Lin)ited Not¢$ to the Flnane5al Statements- continued for tbe Yer Ettded 31 M*reh 2021 14. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2021. 18
Bradlord cyren1aS Limited DetaAied St¥4tement of Flnaneial Aetivlties for ibt Year Ended 31 Mareh 2021 21121 2020 INCOME AND Ef4DOWME Donations And legaeies G5fts Grants Job retention heme 12,985 486,571 3.062 353,850 516.751 356,912 Cbaritable 8ctivities Contractual income Housing benefit 203.444 769 688 195.000 820 477 973.132 ,015.477 Other Ineomt Batth interest reteived 48 504 Total IneomlD8 resotsrces 1.489,931 1.372.893 EXPENDITURE Support costs Management Wages Social security Pensions Rent RaS wa Light and heal Postage and Stationery Sundri&s Repairs and maintenance Subscripti¢)n5 Motor expenses Estsblishment expenses Offlce costs T¢lephon¢ Insuranc¢ Staff training Long leaschold Fixtures and fittings 753.810 56,268 27,198 215.933 5.870 28.085 2,356 18,907 77.236 5.915 21,898 90,939 60,901 11.838 9.601 3.294 2,048 643.274 43,112 27,272 253,229 5.021 21,109 3,294 6,770 47.672 7.8(K) 13,647 94,455 54,149 9.721 9.679 5,427 2,048 1,403,314 1255,880 Finance Bank charges 255 396 Governance costs Auditors. remuneraiion Carried fonvard 4,573 4,454 This page does not forni part of the ststhtory financial th*memts 19
Bradford Cyreniawjs Limited Deiailed St4¢ement of Financial Aetivitie5 for the Year Emded 31 M*rch 21J21 2Q21 2020 G•vernance costs Brought forward Legal fees 4,573 80 4,454 Total resources expended 408 222 1260 730 Nei income 112 16J This page does noi fonn pan of the sthmtory fuwKial statements 20