REGisfERED COMPANY NUMBER: 01088965 l£ngl#nd Wales) REGlStERED CHARITY NUMBER: 5113434 Report of the TnJs¢ees #Dd Alldlted Fln*ncSal Ststements for the Ye•r E•ded 31 Marth 2022 ffyr Bradford Cyreni*ps Limited (A CDrnPally IAmited by Gu*r*ntee) LVA KiinerJohJwn Ltd (Ststutory Audhtt)ts) Network House Stubs Beck Lane Cletkheaton BD19 4 'ABC0VH40* 0710912022 COMPANIES HOUSE A16 #112 Bradford Cyrenl*lls Llmittd Conlents of the FID#D¢1￿ St4tcm¢nts foT the YtAr End¢d 31 2022 PaRe Reference alld AdmiDistr*tive Detai Report of tbe Tryst¢es 2 to 5 Report of the IDdepeDdtnt Allditon St*temeDt of Fill￿¢1*1 A¢tlvi¢les Bthn¢¢ Sheet 10 C¥h Flow St*teD*nt Notes to the Cash FIOTV StAtemeut 12 Notes to tb¢ Fi￿ll￿￿ Statements 13 to 18 Bradford CyrewiaAs Limlted Refer¢Dee gnd Admltiistrative Details for tbe Y¢4T Ended 31 Mar¢h 2022 TRUSTEES E Mowlem J Hadi J Builer E Walgrove P joh[￿1￿ Miss S Forrest (app01t￿ed 14.6.22) REGISTERED OFFICE Bradford West Yorkshire BD8 7EP REGISTERED COMPANY NIIMBER 01088965 (Engknd and Walts) REGISTERED CHAIUTY 503434 AUDITORS KJA Kilner Johwn (Statutory Auditors) Network Hou%e Stubs Beck Lane Cleckheaion BD19 4rr Bradford Cyrenixns Limit¢d Report of the Trns¢ees for the Year Ended 31 M*reh 2022 The knjsiees WI￿ ar¢ a]50 dir¢ctOT5 of th¢ charity for the purwses of th¢ Cozt]panie5 Aci 2006, present tbeir i¢port with the financial staie]llents of the cban.ty for the year ended 31 March 2022. The m￿ree$ bav¢ adopted the provisions of Accounting and R¢portiDg by Clwities.. statell￿nI of RecomutTthd Ptsetice apph"cable to charities prepariThg their aceouuts in attordance with the Financial Remng Standard applicable in tb¢ UK aud Republie of Ir¢laod (FRS 102) (eff￿tiyc l January 2019). Ch4ritsble objtttlves Our purp05c. as set out in the objectives contsin¢d within the Meny)randum and Anicles of As￿latiOn slate that we are Committed ro: The Ielief of poverty. sickness and old age in panicular (bui noi exclwivelyl by th¢ PTOVi5ion of ho]Lsing, social housing, host¢l ¥￿rn[Im)d¥tiOll and associ*ed seryices. advice and llLfornJatson for the public benefiL Bradford CYrn￿ provides fl¢xibl¢. prev¢ntstiv¢ 511PPOrt servi￿5 to a r4ng¢ of clients who pres¢nt with multiple, mplex issues. Our aim is ro co￿U[age individuals to take Tesponsibiliry and enabl¢ th¢m to d¢velop lif¢ skills in a saf¢ and non-thtt¥teJ)ing euvirollmeni. Oijr fr￿uS is on prevention and enablmg Lnth"viduals to thke control of their lives and become self-relianL BTadford Cyr¢niaDs MassioD ststen￿￿t reads: Bradford C￿￿nianS is Committ￿ to deliv¢riDg th¢ provision of safe and secure hO￿81n8. advice attd support to vujllerable conmiutiiiies. Using ￿ en]pow¢ring approach we will *f*rk towards enabling wlJKrable servAce users to fiDd positive solutions wbilsi respeciing their individual rights and thoic¢s. Tbe focus of our work Our main fo¢us continues to be able ￿ provide a range of Se￿L¢eS to vulnerable communtties through". provision of temporary accomm￿allOn with $upport through our bostel and supported tenaucies. wkn.ch is delivered as part of our statutory bomeless ¢ODtra¢t. W¢ a150 bav¢ a range of non-CQllLmissioned accomrnodatitin based services. bousin8 related support attd comtnunity outreacb services that are detivered ¢0 a vari¢ty of ttn¢ficiaries that pre5¢Dt witb muliipl¢l¢ompl¢x issu¢s. How our atdvltles dellver public benefjt AII OUT charitsble a¢iivities f￿v$ on th¢ deliv¢ry of sUPPOrt s¢rvices or inteLsive housing management that ¢nable$ Yulllerable Commuuilies ith iakitig back control. main(aining their acconunodation and improving their quality of life. Our stsff teams facilitst¢ thi$ process by engaging through professional c(Jnduci erywering ittdividuals to become activ¢ ¢itiz¢ns in their local comtnunity. Br*dford Cyrenialls Limited Report of the Trntees for the Year Ended 31 Mar¢b 2022 ACIUEVEMEKf ALW PERFORfvIANCE CharitAblt activities The Homeles$ Partnersbip (THP) The H05tel and Supported Te1w￿leS seryices have played their part sn delivering a range of acCom[￿￿atiOn and support that have been cornrnissjo￿d as part of the homeless contracL Fulfilling our obligations and commitment to accommodating singl¢ m¢Dlwomen. W¢ continue t0 Ste an increase in the multipleJcompl¢x n¢eds that elients are presenting with, panicutarly m¢ntsl and physical health issu¢s. Teatn5 continue to wort collaborativcly wtth Housing Options in ord¢T to voids alld whetever possible. bypasslminimise B&B slay5. Cold Weather Provlslon (CWP) . Due to the risks pised by Covid-19. the Hostel was unable to participate in Bradford's UWP initiative tbis year however as we ell￿rge from Covid-19 our plans are to rtrénEage io the initiative providing safety of all service users al￿ stsff at the host¢l be maintained. Supportlng FOrn￿r Ro4gh Sleepers with Acconunodation & Support Our Re-start Project ¢ontinll¢s to work with and aceonjtnodate forn*r rough sleeping nxn and wornen. Due to increased demand. we are workn.ng with I￿￿O¢rable ¢h¢nts and 1sai5ing closely with key agencies s￿h as BradfoTd HOP and No Second Nigbt Out Service. Services for Men experie￿1￿8 Domestic Abwe M¢n Standing Up continues to 5UPPOrt extrEmrly vulnerable men fleeing dorrtesti¢ abu5t. The rdn8e of services we cart offer in¢llld¢'. h¢lplinc suppoffj access tt) emergencylshort tcrtn to long stsy i￿uSIng and Conimunity outreaehlfloating SUPPOrt. Over the last year, MSU ha5 WOTked positively to supp)rt maie victinjs particularly those facing honollr based violence/forced n)arriag4 men witb llo recourse to public fiumjs aod vi¢tim5 from GBT conjtnunities. A¢¢oJUnM￿&tsO￿ & Supwtrrt for Ex-offenders Supported Tenancies Offendets PrOj￿t continues lo support M￿￿WO￿￿en WIM) present with n￿ltiple1coMpleX issues including a ￿"stOry of ex-offending. wo￿1￿8 closely with our housing parmers, STOP has b¢gLm to lease more units of accommodation ensuring that we cau offer wfAP around support services for ex-offenders to help piev¢nl them re-offending and rettwning to pri50ll. Resettlement & Fjoatillg Support Strvices (FSS) Our Support Team continues to offer a seam]ess traLsition from our tenworary accommodation into the eliertvs own home. Our pr¢-tenancy suP￿rt work and pJaoDed resettlement programn* helps prevent our seryice users becoming isolated or face prOblets￿ that can result im their fella￿ failing. Long-stay Housillg with Support Homes4Life has b¢wme a k¢y f¢attw¢ of ow services and 15 available to beneficiarics frorn within our current services, comroissAoned and non40mmissioned. Moving li￿ our H4L servi¢¢ that clients can woik towards a full tenatw and not bave to think about nK)ving again. li offers stability and an opportimity to work towards rnore long tenn goals. Our plan5 10 increase long stay capacity both at H4L aod MSU are undemy and we look forward to developing this straiegy across other services in the fun]re. Houslng & Support for iAbDe P8rents Parent+ is supporting and engag]ng with other famTIy-certtred based organisations tt> enswe that a robwt package of support can be provid¢d to the family as a whole. Ovcr the last year have ideniifled ihai 6￿/ts of the familie5 Parent+ supports are thosc fleeing from dOn￿stiC abuse. Going ftirward. we hope to source incornc that enables us to develop a specialist DV support woik¢r posL Bradford Cyrtnians Limited Report of tbe Trusttts lor the Year Ended 31 March 2022 FINANCIAL REVIEW FID8nelal p05itio As reported in the accowlts we eryjed the finaft¢ial year on a deficit of £128K. LiTre many busine55es and charitles operating during the pandemic. we attribute the loss in income and lack of opportunities due io Covid-19 and its effe¢ts. As we entered April 2021 w¢ w¢r¢ still under lo¢kdown restri¢tioos. As a r¢5uI( w¢ ¢ouid not b¢gin l¢asing units of aceommodation from our housing partn¢T5 becau5¢ there wa5 a lack of throughput. The advi¢¢ from Governn)ent offlce b¢ing that housing providers encourage ttnanis to remaTrn in their current accommodatiort io pr0￿ct thetn frorn conttacting Covtd-19. We could not therefore aclu.eve our business targets and kncrease our capacity despite ow budgets being set io it￿rpOrate thosc in¢omc aDd expenth'ture costs. This utthubtully led to Pre5W￿ on our bud8¢tary for¢cast lor 2021r22. Furthem)ore. despite new fill￿1￿E applications being submitted to the L£*tterie5, due to a backlog of bids there was a d¢lay of 6 montbs beforc we secured fill￿1￿8. Nevertheless, we were able to secure Lotteries fiEnding a5 well as a fiwther 3 fithr years of investment fUr￿l￿g from tbe HeDry Smith Chan"ty. As we emu8e from tbe pandemi we look optimistica]ly ro th¢ new financial year and r¢suming normal working pwtices. which include5 working with our parttW to iD£rease capacity levels. enabling us to work with more vulnerable ComnJu￿ties. STRUCTURE. GOVERNANCE AND MANAGEMENT Organlsatlo Th¢ eornpaDy is limited by guarantee and bas tso share capitsL The company 1$ a regI￿ered ctwity. The charity is ¢onstityt¢d a¢¢ording to rnemorandum and artitles of 8sg)ciaiion. The eompany is dire￿e￿ ty a Managen%ni Committee. whose members are elected at a general meeting of the member of the company. It comprises of a Chair. Vice Chair. Treasurer and ai least one other. vtho nxel every 6 weeks with the Chief Executivc and other staff represeDtatives who are also in 8ttelldat￿. Bradford CyT¢nians 15 a R¢g1st¢￿d Provider Hom¢5 Engw re8i5tration Dwnbu 4860. Appointment of Dew Iruste¢s New tryst¢e5 ar¢ appointed by an ordinary resolution of the Cbartty. All llmbers are eirculated wtth itLvi18titsnS to nominaie tnjstees prior ￿ the Annual Gen¢ral M¢¢iÉDg ready for elxtsons to tsk¢ plx¢ a¢ th¢ Anoual General M¢etiDg. Bradford Cyrenians has ooi r¢cruiied any new memb¢rs io tb¢ Board W¢ lost ou¢ of our long serving due to ber king early retiremenL We ¢ott(inue io have five very loyal and conllnit*d Board n]enthers wbo each represent differetti sectors and bring all expertiselspecialism ￿WardS the COttiinue4J develOpn￿￿t athd s￿tainablI1ty of Bradford CyreniatLS. Induction and training ofDeY4 tru5tttS New trnstees undergo orientatiott to brief them on their legal obligations under charity and company law. tbe content of th¢ mer[￿ra￿dUm and Articles of Association and C(yJe of Governance thai we have adopted as part of good praeiice. Trusie¢s are ellcoufdg¢d to attend ¢xt¢rnal training ¢v¢nts and e-letirning to fa¢ilitate th¢ und¢rtaking of their rol¢ a5 and when il is pia¢iicable. Risk rnanagemtst The rrusiees have a risk managenxnt srrateBy. thich compri5e5 of an annual r¢view of th¢ risks fa¢¢d by th¢ Charity. Trustees and the Chief Executive wtll consthr risks and the $ysten￿ aod procedures io mitlgate those risks identtfied i the pI￿L A key el¢ment in th¢ maDa8etnent of fwancial Iisks 15 the annual review of our di5&Ster recovery Strategy, ¢u￿¢nI 3S5¢ts atKI 5¢tting of a r¢s¢rves pobcy. STATEMENT OF TRUSTEES, RESPONSIBILITIES The tn￿ree$ (who are also the dllecrors of Bradford Cyrenians Limited for the purposes of company law) are responsible for preparing the R¢port of the Trustees and th¢ financial ststen*nts in accordance with applicable law and United Kingdom A¢¢ounting Swthrd5 IUnit¢d Kingdom Getmlly A¢¢ept&l Aeeounting Practice). f4r t&e Ytar ERded JI Martb 2022 SfATEMENF OF TRiisfELg IIESPONSIBILTTILS. coDtADued tkn state of xffairs of the charitsble Company of the illcomi08 ffSOUW and app]ication of rtsour¢¢8 in¢ludmg tbc rwired to select suttsbk accouniitig ￿l¢l¢S aodthen aN*ly tbem coosi#dT• . observ¢ th¢￿etb[￿lS and prrllciples ill tre Cbanty SORP. . makc judgements and estirnatcs that aTere&%onabkandpnkknt" 0￿￿la1 posiiion of the charttthle coo¥J2oy aod io ellable them EO erGurc that thc fitsatKial ststemthts cott)ply vlith the relfonable s*ps forthe pr¢veMlion ￿dde￿I0￿ of frawl alld othu wregu Inso hra$ tW5w4re awaT . theie is oo televatt¢audi¢ iJkn of which & thèn"tsble awlitoTr•rwiaware: and ond to establish thatthe authtots are a￿a￿OrtI￿E mforn*tio AiIDJTORS Tb¢ atwjitots. KJA Kiltiet JobwonIxd (Stats]tory Authfws). wlll be forre-wirn &the fortho)tiJing Atsllua] General Meeting. Appn)v&l byordetof the board of ￿￿te¢S 00_. PJO Tr￿st£t Report of ¢h¢ Independent Auditors to the Members of Bradford Cyr¢ni*ns Limited OpiDio We have audited th¢ financial mi¢m￿ts of Bradford Cyr¢nians Limiied (the '¢horitrble ¢ompany'l for the year ended 31 March 2022 which cornpri5¢ the Slatement of Fit)ancial Activities. the Ba]ance Sheel the Cash Flow Sta￿Ment and notes to the financial sia*ments, Inc1￿lIng a of significant accDunting ￿lICieS. The financial reporting framework that has beetl applied in tlyeir preparatiOQ 15 applicable law and Uni*d K￿ga0￿ Accounting Standards (United K￿8(k)M G¢n¢rally A¢c¢pted Accounting Prxiic¢). In our opinion the ruw￿la] ststements". give a true 2nd fair view of the state of the GI￿ritab￿ ¢oryan￿S affairs as at 31 March 2022 and of its It￿Orning resources and application of resources, including its income and expendiftU< for the year then ellded.. have been pmperly pr¢pared in accordance with Uniied K￿gdOM Gencrnlly Accepted AccountKng Practice. and bave been prepared in accordance with the requiremenis of the CotDpames Act 2006. Basls for opinlo We conducted our audit in accothe with Inkrnational Stslldatds on A￿J111￿8 (UK) USAS IUK)) and ￿plICable law. Our responsibilities Wlder those standards are furtbel de￿ribed in tb¢ Auditors, r¢sponsibilities for the audil of the fJn8ncial statements 5ectioll of our report. We are ind￿ndent of th¢ charitable company ill accordance with the ethical requir¢m¢nt$ thai are relevant to our audtt of th¢ firwKial ststemeots iti the UL including the FRC* Ethi"cal Standard, and we have fiiifilled our other ethical responsibilities in accordance with ihese reqtiiren*nts. We believe the audit evide￿¢ we have obtained is sufficient and appropnaie ￿ provide a basis for our opinion. Con¢lllslo￿s rel#ting th goill8 eoiictni In auditin8 the financial statemeor5, we have conclud￿ that th¢ t0￿e¢s. we of the goiuE concern basis of accounting i the preparation of the finawial th*ments 15 appropriatr. Based on ihe work we have perfonne& ￿ have not ide￿lfied any material uncertaintie5 relating to ¢V¢Dts or eonditiODS thal iAdividually or collectively, rnay cast sigDhlicant doubl on tbe charitsblE cornpanys abtlity to ¢ontinu¢ as a going ¢oncem for a period of ai least ttvelve motLt]k8 from when the ruw￿181 staternents ar¢ authorised for issue. Our responsibilities and tbe res￿nsIbl11ties of the tnjsttts with respect to going concern are 4eseribed in Ibe relewdnt sections of this report. Other InlornMtioD The tNstees are responsible for the other infonnation. The other infornution cornprsses th¢ infornuiion i￿luded in the Annual R¢port. oth¢r than th¢ fmancial stslellmts aod our R¢port of the Independeni Auditors there4)n. Our opinion on the fmaDcial stsiemettts does lloi coyer tbe other llhfomlliion alld. except io th¢ ¢xtent oth¢twisc explicitly staled in our report. we do not exptess any forryh of &ssuratK¢ QQDcIu5i0n th¢reoA. It) COWLeCtion with our audit of the fjnancial staEements. our r¢sponsibiliry IS to read the other infomiation and. in doing so. consider whether rhe other infornwtion is ma￿rially inconsistent with the f5nancial statements or our knowlcdg¢ obtained in the audJ"t or otheTrvise appeots io be materially misststed. If we identÈfy such mater&al i￿on$1$tenc1es or apparent material misstatements, wc are requ￿ed to d¢t¢rmine wheth¢r this gives ris¢ to a material misstatement in the financial 5talements themstlv¢s. If, based on the work we have perfomY4 we conclude that there is a material rni55tatement of this other informatioo we are required ￿ repon that facL We have t￿thing io report in this regard. OpiDiOllS 00 other uwtt¢rs prescrlbcd by the CoD4>aAies Art 21106 In our opinion, based on the wort undenaken tn ihe Course of the audit.. Ihe inforniation given in the Report of the Trustee5 for the f￿￿1￿1 year for which th¢ fJDancial stst¢ments are prepared Is ctsn5iStent V4ith the fina￿]81 ststemtnts. w]d the R¢port of the Tn￿e¢S been pl￿ared in accoTdaoce wilh applicable legal requirenwits. Rwrt olthe Indepelldent Auditors to tb¢ Members of Br•dford CyTethl*ni Limlted Matter$ which we are requirul to T¢port by exc¢plion In the light of th¢ knowledge and understanding of the tharitable company aThJ its ¢nYiroDmeDt obtained in the course of the audit, we have not idet)ufied rnaterial mi5sts1ements in the Report of the Trusiees. We have nothing to report in reSp￿t of the following u¥tters th¢ Conwanie5 Act 2￿6 requires ￿ to report to you if. in ow opitiion.. adequate aCcou￿$ng records have ￿)t b¢ert kept or FeDJrns a&qu*e for our a￿jit have not be¢0 re¢eivrd from branches not VlSited by us.. or the financial staien*nts ar¢ not in agreeftrnt with tbe accouniing rKords and relurns. or certain disclosure5 of trn5tees' remunttation specified by law a￿ t￿1 it or we have not receKved all tbe urfomlltion and explanations require (or our audir. or tbc tnLStees were not entitled to take advantsge of the small companies exemption frorn the wuirement to prepare Strategic Report or in preparing th¢ Report of the Trllsttes. Responsibilities of trustees As explained ￿Ore ￿1]Y io the Ststen*Dt of Tn￿ees. Responsibilities. the trusiees (who are also the direciots of th¢ charitable company for the purpo8e5 Of conyiy lawl are te5ponsible for the pr¢paration of the financtal statements and for being satisfied that th¢y give a tme and fair view, and for Such internal control as the tThstees d¢t¢rmine is necessary to enable thc preparation of financial ststements that ar¢ free from material mis5tstun¢nt, wheth¢r due to fraud or etror. In preparing the financial statements. the tntstees atr restx)JJsibl¢ for a55essing the charitsble compan￿5 ability to continue as a going ¢OtLCm disclosJn& as applicable. matter5 relat¢d to goiDg concern and the going cow¢m basis of accounting unless the tr1￿¢¢$ either interyl to liquidate the ¢haTit4bl¢ Company or lo cease operdtion4 or have no realLStic alternative but to do so. Our responsibilltles for the audlt of the fin*neial statsmettts Our objectives are to obtsin reasonablc assurance about whether tbe financial sta*ments as 8 ￿le are free from material misstaterncnl. whether du¢ to fraud or error. and to i55ue a Report of the Independent Auditor5 that includes our opinion. Reasonable as5uran¢¢ is a higb level of a55uran¢¢. but Is not a guarant¢¢ that an audit conducted in accordance with ISA5 IUK) will alway5 deteci a tnatrrial misstsQment wben it exists. MisstsL¢meDts can aris¢ from fraud or error and are considered maierial if. u￿1vidUallY or in the aggregaie. they could reaso￿ablY be expected to influence the economic decisions of users taken on the basi$ of these financial stat¢ments. The extent to which our pr0eeth￿ are capable of detecting irre8ularRties. including fraud is detailed belovr. While pIar￿ing our audit, we have made enquirie5 of management and those charged with governanc¢ arowld any acttol or pofeniial liligation and clatms against tbe COn￿allY for nou-coJnplTrallce with wific laws aJd TeBulations. The satne has been done in respect of any instances of fraud or irregularitie5. The resEM)A8es received have been communicated Wlth the engagemeDt ieam at tbe plaDDing stage. We have not been infornrd of aoy specific law5 or regulatory rela*d is5U¢5 tha¢ could materi8lly impact the financial Stat¢tD¢nts in addition lo this. there has iwi no suwt&l fraud or irregularities reported to us. While plaTLnin8 our audit the ¢ngagernent partner 5¢1ected appropriately traintd staff to b¢ engaged in th¢ audit and the ieam are allocat¢d bas￿ on their ¢ompelence and capabilities. The audit work undertaken is a 5ubwntive work based audit approac￿ r¢viewing to source d(Kumentats'on where appropriate and includes a review and walkthrough of the systems which n)anagenThit have put in place. These tests are dirtttional. Therefore. they are de5igtLed a ￿aY to [DaxirDj￿ audil effectivene55 and the possible ideThtification of any material fraud, irregularxties. or Inst￿¢S of sy5t¢m5 a￿1 pr￿edUre bT¢aches. Our t¢sting dtd not id¢otify any issues that require5 any additiollai reportmg. These tests and oth¢r ar¢&5 of audit work are destgned to enhanc¢ our ability to detect casts of nk4terial fraud and Certain irregularities. It should be noted that our audit is Carried out using a maierjal based approach and therefore does not test every transaction, as such it would not detect all instance5 of irregularitics and specif￿allY fraud ￿til¢trI is ittherently ror¢ diffi¢ult to det¢¢t. A fijrther d¢5CriPtion of our responsibilities for the audit of the fman¢ial statetr*nts is located on th¢ FinwDcial Reporting Council's website at www.fr¢.org.uklaudilotsr¢5p)nsibilities. Thi5 deseriptLon forn￿ part of our Report of the Independent Auditors. Report of the lttdependettt Auditors to the Members of Bndford Cyrenlans Llmited Use of our report This report is made solely to the charitsble Compan￿5 as a body. in a¢cordanc¢ with Chapter 3 of Part 16 of the Companies Act 21)06. Our audit work has beetj undertaken so we might srate to the charitable compan3es members those ￿￿tter5 we are required to state to them in an allditor5' report and for no other purpose. To the fullest extent pertnitted by law. we do noi accepi or assume responsibility to anyone other than the charitsble cornparly and th¢ charitabl¢ cOmpan￿S membets as a bc*Jy. for our audit worK for this repory or for the Opillions w¢ have fomied. Ra72 Effendi MBA FCA (Senior Statulory Auditor) for a[￿ on behalf of KJA Kilner Johts%on Ltd {StaD￿OryAud1toffsj Network House Stubs Beck Lane Cle¢kh¢aton BD194TT Br¥dford Cyreniu5 Limited Statement of Financial Actfvities for the Ye*r Ended 31 March 2022 2022 Total ttds 2021 Total fvttd$ Unrestrlcted Restrkted ttds futtds Ntstes COME AI¥D ENDOWMENTS FROM Donations attd legacies 227.828 227.828 516,751 Charit4ble actlvitle5 Contractual income frorn HRS PIovision of A¢comtnodation 206.516 970.047 206.516 970,047 203.444 769,688 30 48 Total 1,404.421 1.404.421 1.489.931 EXPENDITURE ON Charit*ble actlvltles Provi55on of Accommodation MeTh Standing Up 1.435.150 97,362 1,435,150 97.362 1,308,674 99.548 Total 1.532.512 1.532.512 1,408.222 INCOMTJ(EXPEI¥DITURE) (128.091) (128.0911 81.709 RECONCILIATION OF FUNDS Total funds brought forw*rd 482.985 482,985 401,276 TOTAL FUNDS CAJUUED FORWARD 354,894 354,894 482,985 Th¢ rffjte5 forni part of these firtancial Sthiement5 Btxdf•rd C.yrrtii*&5 ilmbittd Falanc¢.5ii 31" M¥rcb 2022 ..2022 M&iri¢ièd FIXEf5 ASSETS 'rdngiblL.8ssei$ .10 ¢URRENT A55ETS DEbtor5 sh in hthy 92.J3D ,399',i09 J95"iiJJ .I49',D.14. CRE.DII'URS mouriis. fulling%iye%¥iiiiill.tir(é yw. N£T. eURR£NT.AssÈ]8 ..27.I379". IPl.5?$.. .TOTAL.ASSETh LE.SS.cUR￿￿. LIA'.HFLiTi&s Nrr.A.SS81.'S. "354.89¢ 482485 13 Unr$S￿l¢trO lunds $54,89'4' TofAI-FVN 'r.hw linanciil sialcmrmt5thovo"bw>.f.r¢pwEd. in.accérda￿ ￿1￿".#*...PrQY4.¥AWI..,￿pp11èI￿￿IO￿I￿ritObjttknm￿￿n.lE￿. $_iii?j.&t.' lo",Uie srrig11 erting Standard applicable in the UK aThd R¢publi¢ of Ireland, and the Companies Act 2￿6. The fiuawial 51*ements been prcpared under the historical cosi convention. In¢om¢ All incom¢ is r¢wgnised in the Ststemtnt of Financial Activhties once the charity Iw entltlement io the fi]nd& it is probable that th¢ income will b¢ ￿¢￿Ve￿ and the al[￿t can be n￿s￿red reliably. E￿eDdi￿re Liabiljties a￿ recogni5ed as ¢xpendittJre a5 yjon therc is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlemeni and the arnount of the obli8ation can be measured reliably. ExpendiDJre is ac¢ounied for on ￿ accruals b&8is and has been c12Ssified under headings that aggregatc all cost related to the category. Where costs cannot be directly attributed to partKcular head]"n8s they have been allocated to activities on a basis consistent with the use of resources. Tanglbk fixed assets Ikpteciaiion is provided at the followin8 annual ra*5 in ord¢r to WTite off each asset over its estirnated usefvl lif¢'. Leasehold Improvements- 50/ts Straighi Lin¢ Fixtutes, fittiugs aud equipment- 25/fj Sttai8hi Line Taxation The charity ig exempt from corpo￿lOn tsx 00 its cIWi￿ble activilies. Fund accollnting Unrestricted filnds can be ￿ iti accord￿ with the charitabl¢ objectives at th¢ discretion of the ts￿steCs. Restrictrd fijnds can onty be used for particular restrict¢d purposc5 within the objects of the charity. Restrictions arise WI￿￿ specified by the donor or when fimds are raised for parti¢uiar 1¢strirted purposes. Fwther explanation of the nature and pU￿se of exh fund is included in the notes th the financial statenxnts. Hire pur¢h¥5t and leasing commitments Rentals paid under operaiing leases are charged to the Stst¢ment of FiDan¢ial Aetivities on a straigbt line basis over the period of th¢ leas¢. Pellshott cosly and other ptst-retirement benefits The charitable cort4)any operates a defitrd contribution pension scheme. CoDtributions payable to the charitable cornpauys pension schellr ate charged to the Statement of Financial Aciivities in the period to which thcy relate. 13 continued.. Brndford Cyrenians Limited Notes to th¢ Fin¥n¢ixl StAt¢Jn¢nts- ￿ntInUed for tbe Year Ended 31 M*rcb 2022 DONATIONS AND LEGACIES 2022 21121 Gifts Grants Job retention scheme 896 226,932 12,985 486,571 17.195 227,828 516,751 Grants received, included itk th¢ abov¢, ar¢ &% folk)w5: 2022 2021 Other ￿allts 226.932 486.571 JNCOME FROM CHARITABLE A￿[v[TIEs 21122 21121 A¢tivity contractt￿l incotr Housing b¢n¢fit 206,5 16 970,047 20J,444 769.688 Provision of Aceonllllodaiio ,176,563 973,132 Support costs (see ote 5) Provision of AceoMrn(￿18tiOrt M¢n SW￿l￿g Up 1,435,150 97.362 1.532.512 SUPPORT COSTS Governance tosts MaD*g¢tynt FlttaD¢e Totab Provision of Accommodation Men Stsnding Up 1.429.917 97.362 630 4.603 1,435.150 97.362 1.527,279 630 4,603 1.532,512 14 continued... Bradford Cyrentsns Llnblted Notes to tbe Fthandal Statements- contlnued for tbe Ye•r Ended 31 MaT¢h 2022 SUPPORT COSTS- ¢tsntinued Support Costs, included in the al)ove, are as follows". NET INCOMFJ(EXPENDrruRE) Net itLcomeJ(expenditure) is sthtrd after char8inyl(CTediting): 2022 2021 Auditor5, remun¢ration Dep￿CIation- owned ass¢ts Other operaiiti8 leases 4.573 12.073 298,661 4.573 13.265 215,933 TRUSTEES. REMUNERATION AND BENEFfTS There We￿ no tntstees, reubwieTaÉioTh or other knfits for the year ellded 31 March 2022 nor for th¢ y¢ar ended 31 Marcb2021. Trnstees, ezpenses Ther¢ w¢r¢ no t[￿t￿5, ¢xpen5e5 paid for the year ended 31 March 2022 tsor for the year ended 31 March 2021. STAFF COSTS 2022 2021 Wages and salaries Soeial security Costs Other pension costs 754,200 57.705 28.001 753,810 56.268 27,198 839,906 837.276 The av¢rag¢ nN)nthly n￿￿er of employees during the year wa5 a5 follow5.' 21122 41 2021 43 Employe¢s No ¢mployee5 receiv￿ ¢ll￿1￿1￿nts in ￿cesS of £60,IYKI. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund5 Restricted fund$ Totsl fund$ tNCOME AND ENDOWMENTS FROM DOn￿lon9 and le￿cleS 468.643 48.108 516,751 Charitsble actlvltles Contractual incorn¢ from HRS Provision of Accornrn(Ml*ion 203.444 769.688 203.444 769.688 Other iDcome 48 48 Toi 1,441.823 48.108 1,489,931 15 contsnued... Br4dford Cyrenl4ps Limited Notes to the FinaDcial Staten￿￿15- Colltlnued for tbe Year Emdtd 31 Marth 2022 COMPIIRATIVES FOR THE STATEMENT OF FINANCIAL AcrIvrrIEs. ujotinued Unrestricted Restrleted funds nds TotAI funds EXPENDrruRE ON Cb#rltgble activities Provision of AccomtTh)dation Men Standtng Up .308,674 1,308,674 99,548 99,548 Tot ,308,674 99548 1,408.222 NET INCOMFJ{EXPEI¥DITURE 133,149 (51,440) 81.709 RECONCILIATION OF FUNDS Total fixnds brougbt forward 349.836 51.440 401,276 TOTAL FUNDS CARRIED FORWARD 482.985 482,985 TANGIBLE FIXED ASSETS Fixtllres aDd fittiD JJ)Dg leasehold Totals COST At l April 2021 Addition$ 63.061 26.54E 57,358 120.419 26,541 At 31 Marth 2022 89,602 57.358 146,960 DEPRECIATION At l April 2021 Charge for year 14,716 4.892 36,856 7.181 51,572 12,073 At 31 Ma￿h 2022 19,608 44,037 63.645 NET BOOK VALUE At 31 March 2022 69.994 13.321 83.315 At 31 March 2021 48.345 20.502 68,847 16 coniiDU￿.. Bradford Cyrellians Limited Notes to the FiDaD¢ial St•t¢meDtS- COthtiDued lor the Year Ended 31 March 2022 ii. DEBTORS: AMOIJNTS FALLING DUE wfTHIN ONE YEAR 2022 2021 Trade d¢btors Other debtors Prepayments and ac¢n￿d income 17,865 39.487 1,039 379 74.865 92,730 40,905 12. CIiEDITORS: AMOUNfs FALLING DUE wmiIN ONE YEAR 2022 21121 Trade creditors Social security and otheT tsxes Other ￿¢ditOrS Accrued expenses Defrrred grants 11.408 12.653 2,338 4,003 93,138 9.730 11586 4,560 123,540 25,876 13. MOVEMENT IN FUNDS Net ]novemeDt funds At 31J.22 At IA.21 UnTeStrl¢ted funds General fimd sinkn.ng Fund Planned Works Landlord's R¢sponsibility Fund 392.985 40.000 25,000 25,000 (128,091) 264,894 40,000 25.000 25,000 482.985 (128.091) 354.894 TOTAL FUNDS 482.985 (128.091) 354.894 N¢t movetn¢Thl iry fimd5. it)clwled in th¢ above ar¢ as follow5: In¢olDi￿g resouree$ Rtsour¢e$ ejpellded Movemenl In funds Unrestricted funds G¢D¢ral fi￿d 1.404,421 (1,532.512) (128,091) TOTAL FiIIIDS 1.404,421 (1.532.512) (128,091) 17 ¢ontinu¢d... Bradford C￿e￿I￿o$ Llml¢ed Notes to tbe Fln*netsl Staten￿￿ts- Continued for tbe Ye•r Ended 31 M4rch 2(122 ij. OVEMENT IN FUNDS- continued C•mpar&tlves for movetnent in funds Trattsfers betweem ds m0ven￿•t in funds At 31.3.21 At 1.4.2• Unrestri¢t¢d fullds General fi]nd Sitkng Fund Planned Works Landlord's Responsibility Fw 264.836 133.149 (5,¢YJO) 392.985 40,000 25,000 25,000 25,ih)O 20.( 349.836 133.149 482,985 Restrieted fullds MSU 51,440 {51,440) TOTAL FiJfqDS 401.276 81.709 482,985 C(Jmparaiive net movement in fiJt)ds. i￿]￿ded io th¢ above are a5 follow5." Dming re50UTces Resources expeDded Movemetst in funds Unrestrltted funds Geueral fijnd 1.441,823 (1,308,674> 133,149 Restrictsd f￿lld$ MSU 48.108 (99.548) (51,440) TOTAL FUNDS ,489.931 (1.408,222) 81.709 14. RELATED PARTY DISCLOSURES There w￿¢ no related party traDsa¢tiotLS for the year ended 31 March 2022. 18